Episode 28 Why You Should Consider Offshoring Your Development

Tech Uncensored - An Altitude Accelerator Podcast

For founders who are in the early stages of their product concepts, they should begin the process of determining how to make their solution real. If you are bootstrapping founder who does not have a technical resource in-house, developing your MVP can be cost prohibitive if you choose to develop locally. Also, many non-technical founders, especially those who are part of under-represented groups or are immigrants may have great ideas but may not have the network and relationships to find a good technical cofounder.

Offshoring could be another option for you. Offshoring can help early stage, nontechnical founders turn their ideas into tangible and commercially viable products at a very low cost, compressing their time to market and improving their chances of getting early-stage investing.

But this doesn’t come without risks. You are exposing some critical parts of your company to a third party – your tech infrastructure, databases. How do you deal with the time differences and project delivery? What are the communication challenges when it comes to culture and language? What are the security risks that come into play? What are the ideal use cases for offshore development?

We spoke with Tauseef Riaz, Co-Founder and CTO of ConsidraCare, and Cofounder of Mashcraft, a digital transformation offshore services company. He is a serial entrepreneur, who is also all too familiar with the benefits and challenges with offshoring. Tauseef helped break down the benefits and showed how offshoring can reduce scaleup cash burns and lower the costs of any pivots around the business model or the tech stacks.