Entrepreneur

What Work Should You Outsource?

Small businesses don't need a big team to make a big impact. Here's how to be strategic about what work gets outsourced.
Source: Federico Gastaldi
Federico Gastaldi

Q: I don’t have the money to hire a big team. What skills do I need to keep in-house, and what can I just hire contractors for? -- Rachel Y., Miami

Good startups start with good people. That’s what Paul Graham, one of the founders of the famed Silicon Valley accelerator Y Combinator, often says. And research backs him up. The Startup Genome phase. And according to CB Insights research, “not having the right team” is one of the top three reasons startups . (The other two are “no market need” and “running out of cash.”)

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