Nikonomics - The Economics of Small Business 201 -Use AI to Cut 20% of Labor—Then Hire $1,500 VAs to Scale with Parker Cox
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Jul 9, 2025 Parker Cox, a savvy entrepreneur behind Avago and a property management success story, discusses the booming industry of overseas talent. He explains the current 'gold rush' in hiring global talent fueled by tech advancements like Zoom. Parker dives into different hiring models and reveals which types of businesses benefit most from offshore employees. He also tackles the misconceptions surrounding international contractors and the vital legal considerations. Tune in for insights on adapting recruitment strategies in a post-COVID landscape!
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The Overseas Talent Gold Rush
- The overseas talent industry is booming due to a brief market disconnect creating easy money opportunities.
- Those with information on how to find talent can charge high premiums during this window.
Ideal Roles and Clients for Offshore Hiring
- Hire overseas talent for roles that can be done remotely, such as sales, bookkeeping, digital marketing, and executive assistance.
- Ideal clients have $2M+ revenue with 10+ employees and solid management skills to handle remote workers.
Hiring Overseas Contractors Is Low Risk
- Hiring overseas independent contractors resembles hiring local vendors with minimal tax risk in the US.
- No need for special entities; generally, IRS does not interfere with international independent contractors.
