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

<p>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.</p> <h3>Time Stamped Show Notes: </h3> <ul> <li>00:29 – Today’s Topic: <em>The Pros and Cons of Hiring In-house Versus Agency Versus Consultant</em></li> <li>00:42 – Neil never hires agencies—only specific consultants</li> <li>01:08 – Eric has an agency but would not hire an agency <ul> <li>01:45 – Eric would go to <a href="https://angel.co/">Angel List</a>, <a href="http://www.indeed.com">Indeed</a> or <a href= "https://growtheverywhere.com/hiring-2/forced-hiring-amazingly-effective-way-find-best-hires-2016/"> Forced Hiring</a></li> </ul> </li> <li>02:08 – How the Forced Hiring tactic works <ul> <li>02:10 – Using <a href= "https://www.linkedin.com/uas/login">LinkedIn</a></li> <li>02:52 – The easy way is to just look for an agency</li> <li>02:58 – Agencies do not fully understand your product</li> </ul> </li> <li>03:18 – Be mindful of relationship dynamics</li> <li>03:26 – Think about why you want to hire <ul> <li>03:34 – In-house for managing the whole process</li> <li>03:42 – Freelancer for a specific task</li> <li>03:48 – Consultant for helping in strategy</li> </ul> </li> <li>04:10 – It depends on the task you want to get done</li> <li>05:00 – Optimize costs and results</li> <li>05:40 – Working with the big ones means paying for the brand name</li> <li>06:35 – Consider your company’s culture—don’t hire solely for the results</li> <li>07:16 – End of today’s episode!</li> </ul> <h3>3 Key Points:</h3> <ol> <li>Agencies bring convenience, but significant expense as well.</li> <li>Hiring for what you need done and what fits your culture.</li> <li>Don’t look at just the costs; look at the results as well.</li> </ol> <h3>Resources Mentioned:</h3> <ul> <li><span style="font-size: 8pt;"><a href="https://angel.co/">Angel List</a> and <a href="http://www.indeed.com">Ind