Personally, I use a combination of everything.

I have partners that I work with on some projects where we split the profits; or it’s purely commission-based. I have teams where I basically contract  their work (effectively as employees) but essentially they’re independent contractors.

And I still use outsourcers for occasional projects where I need a specialist skill for a short-time only. In these situations outsourcing works well for us.

One tip though…

Before you try and find someone to work for or with you, look to see if you can automate that process instead.

For example, one of my early businesses was creating websites. I could have paid an outsourcer $10 to install a website script for somebody and charge  that customer a couple of hundred dollars for the same thing.

Instead I paid a programmer to create a script that automatically installed the same script. This took me 30 seconds to create a website that I could still
charge the same price for. (This was done in the same time as it would have taken me to send the request to the programmer, and without waiting.)

How to Recruit Your Team: 7 Essential Things to Check

How do you get the best people on board?

First check to see if the person you’re considering for the job even fits the right work profile type.

In my experience there are two types of people:

1. Those who are entrepreneurial by nature and that are driven by longterm results. They’re willing to put in the long hours, weeks or even years to get  a result. They have long-term vision, patience and sacrifice. These long-term vision people can make great partners. Don’t partner with anyone that  does not fit this profile, or it will end in tears.