Pros and Cons of Hiring In-house vs Agency vs Consultant | Ep. #61

In Episode #61 Neil and Eric talk about the differences between hiring in-house, hiring consultants and hiring agencies. Listen as they highlight the pros and cons, share what works for their own businesses, and the stunning advantages of outsourcing.
Time Stamped Show Notes:  00:29 – Today’s Topic: The Pros and Cons of Hiring In-house Versus Agency Versus Consultant

00:42 – Neil never hires agencies—only specific consultants
01:08 – Eric has an agency but would not hire an agency 01:45 – Eric would go to Angel List, Indeed or Forced Hiring

02:08 – How the Forced Hiring tactic works 02:10 – Using LinkedIn

02:52 – The easy way is to just look for an agency
02:58 – Agencies do not fully understand your product

03:18 – Be mindful of relationship dynamics
03:26 – Think about why you want to hire 03:34 – In-house for managing the whole process
03:42 – Freelancer for a specific task
03:48 – Consultant for helping in strategy

04:10 – It depends on the task you want to get done
05:00 – Optimize costs and results
05:40 – Working with the big ones means paying for the brand name
06:35 – Consider your company’s culture—don’t hire solely for the results
07:16 – End of today’s episode!
3 Key Points: Agencies bring convenience, but significant expense as well.
Hiring for what you need done and what fits your culture.
Don’t look at just the costs; look at the results as well.
Resources Mentioned:
Angel List and Indeed – Where Eric would search for consultants

Forced Hiring – A tactic which Eric wrote a blog about

LinkedIn – A social media platform where you can generate leads
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