Internalizing Versus Externalizing: How to Utilize Both for the Benefit of Your Company

Opinions expressed by Entrepreneur contributors are their own.

Almost every single aspect of a company changes as it shifts from startup to to large, successful company. However, the core strategies regarding whether to internalize or externalize remain the same, and defining your approach to making this decision can be essential to building a successful company.

The deciding factors

Leveraging talent to meet company needs is critical in attaining your goals, and without the ability to do this well, you will likely struggle — and your growth will stagnate. Early-stage entrepreneurs tend to believe that internalizing as much as possible is important, and often don’t consider the use

→ Continue reading at Entrepreneur

More from author

Related posts

Advertisment

Latest posts

Internalizing Versus Externalizing: How to Utilize Both for the Benefit of Your Company

Opinions expressed by Entrepreneur contributors are their own. Almost every single aspect of a company changes as it shifts from startup to...

Is the summer vacation boom over before it even began?

But that's not the story the travel stocks themselves are telling. Worries about inflation and a resurgence in Covid cases in China are starting...

Downtown San Jose green tower projects seek billion-plus in financing

Upper level of Orchard Residential housing tower at 409 S. Second St. in downtown San Jose, concept. SAN JOSE — A veteran commercial real estate...