WBW 2: Outsource what you hate! Then you'll have time for what you love

There are a lot of things that we hate to do but that needs to be done – like talking to a totally demented teacher, friend or client. Not only are these activities time-consuming, but also mentally and emotionally depressing. Thus the ever reliable solution, “outsourcing” – have somebody do the “dirty work”. With much free time, you can start focusing on your guitar, your painting or that tremendously relaxing sleep. In this session Bing Tan discusses his experiences with outsourcing the stuff they hate so they can focus on what they love to do.

Who is Bing Tan?

Bing graduated with a degree in BS Management Engineering at Ateneo de Manila Univsersity in 1999. After, he first worked as a sales agent for a well-known office supplies distributor in Binondo, only to find out that getting paid well wasn't enough to keep him from wanting to become his own boss. After a year's stint in Binondo, he explored several industries wherein he could venture into, from cafeteria food to technology. In 2002, he and a couple of friends founded BrewedConcepts, a mobile content provider and aggregator company. Within a few years, they were able to garner clientele with well-known brands such as Hersheys, Energizer, Everready, Globe and Purina. In 2007, the company spun-off to another company, ThousandMinds, setting its sights to another exciting industry, the world of social media marketing and web applications. Not only are they creating websites for other companies, they're also into creating their own web products such as MagicFudge.com, JustAnger.com, My7Hops.com, 52Weekenders.com and EatsTime.com.

On a personal note, Bing is also an animal and photography enthusiast. As an animal enthusiast, he's into scuba diving and taking care of fishes, amphibians and reptiles. As a photography enthusiast, he's into film photography and a member of RangeFinderFilipinas.

When asked what's his greatest failure?

When asked what's his greatest success?

Show notes:

From experience...

• Bing and a couple of friends pulled their savings together to form a company 6 years ago.
• Dreamt of becoming a Google, a Yahoo, and even a San Miguel.
• To become such giants, they realized that they needed large resources that were not yet available to them.
• It wasn't working out so they had to create a strategy that worked for them.

The strategy is to focus on Design and Engineering.

• One thing they were not good at was marketing.
• The company partnered up with friends and other companies to be able to focus mainly on Design and Engineering.

Lessons learned:

• More than just outsourcing, know your strengths.
• Knowing your strengths will make you realize what you enjoy doing.
• All the rest, you outsource so that you'd have time to do what you love.

"The Board" message: