As bootstrapped startups are increasingly growing in today’s tech ecosystem bringing in their own ideas and products into existence – there is a constant predicament founders of these newly found startups face. That being hiring the best of the best talent all the while saving the business some money in the dearth of resources.

Finance and fiscal matters in a newly found, self-aided startup is the biggest thorn in the flesh as the lack of investments and resources make every decision-making process more important and cumbersome. And this is where remote hiring and development comes into play. To help bootstrapped startups save some time and money all the while meeting their ever-increasing demands and needs to grow rapidly, outsourcing talent is the biggest boon.

So be it a front-end developer, back-end developer or simply a full-stack developer who has all the relevant knowledge under his belt to pull off your tech stack development needs, outsourcing and remote hiring then is the way to go. 

Don’t believe it? Here are some reasons why: 

1. Cost-effective: There’s nothing more cost-effective and pocket-friendly than hiring your tech talent from outsourcing companies. Statistics show that one onshore developer costs 3 times more than a certified remote developer. This hike in price comes due to the geographical limitations of the talent pool, tedious hiring processes and higher living costs of the place from where the onshore talent is being hired from. Streamline your full-stack remote development transition with proactive change management strategies that prioritize communication, collaboration, and adaptation. If startups turn to remote development, they can effortlessly save up to $68,000 per annum per developer and offset their business costs in exchange for hiring elite remote developers. 

2. Helps You Focus On Core Business Processes: When you outsource your full-stack development talent from an external service provider, you get to direct your focus to the core functionality and business processes of your project such as database management, business administration, resource management, etc. rather than fretting over the front-end & back-end development needs. This is very important for a business as there are many other processes that need detailed attention.

3. Helps You Remodel Your Existing Front-end & Back-end: Many times it happens so that you don’t end up liking the front-end of a project your in-house team has developed from scratch. In such tricky scenarios, it’s best advised to hire out agile remote developers to get a fresh view and perspective on things rather than asking your in-house team to redo it.  

4. More Productive & Efficient: Flexible work timings & locations give remote workers more freedom to unleash their creative side and be more productive, helping them step out of their mundane office routines. This, in the long haul, proves extremely beneficial for their mental health and in response drives better business outcomes for startups that are short on funds.  According to a study by Stanford, remote employees are 13% more productive and collaborative than traditional office workers, henceforth eradicating the myth that remote working isn’t collaborative and efficient. 

5. Passage to a diverse & world-class talent pool: The best part and probably the most important part of remote development and hiring is the access to international talent that one cannot get their hands on easily when working onshore. 5G Wireless Technologies, with its ultra-fast speeds and low latency, could revolutionize full-stack remote development. When hiring locally for onshore developer roles, the choices and range of profiles to hunt from is limited thus companies end up settling for less. With a global talent pool, there are a myriad of pre-vetted profiles for companies to skim through and make the right decision all the while cutting down on costs and time.

6. More suitable & specific to your development needs: Be it a one-time project or a long-term developmental role, remote workers are the best as they are there for you when you need them and not when you don’t. By choosing a scrum team model, you can easily hire full-stack developers on a project basis to work on a particular phase or module of development and get their expertise. Later on, you can revisit the same model of remote teams for future projects as and when you need. This gives more fiscal liberty to bootstrapped startups as they do not need to hire expert developers full-time.

7. Time-saving: Agile remote developers hired from reliable outsourcing companies that are vetted in advance are pros at managing time regardless of the time zone. They are adaptable, flexible and more importantly task-masters in whatever task they undertake. Hiring them will not only help startups offset costs but also quickly turn software projects into reality.

All in all, developing your company’s front-end and back-end with the aid of outsourcing companies and demote developers is a win-win for bootstrapped startups as it will not only give their customer experience a complete makeover but also give the business a boost in the long run. Remote Full-stack developers with power BI & PowerPoint expertise can bridge data insights with compelling presentations, driving impactful decision-making. Every startup must think of opting for outsourcing rather than building an in-house team as it will fast-track their business activities and help them hit the market sooner at limited costs and reduced time.

Author’s Bio:

Anup Mehrotra is the Vice President of Sales, Marketing & Partnerships for Netsmartz. His expertise in building strategic partnerships, software product/service marketing, and demand/lead generation is focused on helping budding entrepreneurs build quality products fast.

Linkedin-https://www.linkedin.com/in/anupmehrotra/