Should You Work With Overseas Companies

As a freelancer, working with overseas companies has its benefits and drawbacks. In today’s podcast, we are going to discuss those benefits and drawbacks. Learn how to take advantage of the benefits and mitigate the drawbacks.


Raw Transcript:

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Yeah, thank you for joining me for another episode of freelancers school. I am Mike Volkin. And today’s topic I want to discuss with you the pros and cons of working with overseas companies. You know, it’s very common for a company to hire overseas freelancers, usually because of the economies of scale. So if you’re in the US, you like to hire people in India or Romania or Bangladesh or Pakistan, countries where people will work for pennies on the dollar, because the US dollar is strong there. But on the reverse side of that you as a freelancer should you work for companies that are overseas and let me tell you out of the few

clients that I have had that have given me troubles from either a communication standpoint or from a payment standpoint, have most of them have been overseas. Now, I’m not going to say not to work with overseas companies, but I want you to be aware of some of the precautions in doing so. First of all, there’s always a timezone difference you have to be aware of right? So in your work day if it starts at eight or 9am. And you will wake up with several emails from the client needing an immediate update because their night is your day or your day is their night and vice versa. Now, usually, when you’re working with overseas companies, and even overseas freelancers, you get to exchange maybe one or two emails for the day. And that’s it as opposed to someone in or near your timezone where you can exchange multiple emails if need be. And the same thing goes with phone calls. The other thing is communication preferences. Obviously, texting somebody in another country could be quite difficult and expensive unless you have the proper cell phone plan. So usually, you would have to communicate on Google Hangouts or Skype or

Zoom or some other way that is a little less desirable if your mobile, so you have to consider that as well. So if you like to talk to clients or even do work Moberly, you’re going to have the option of using Skype via mobile, you might have to connect with them on, you know, Dropbox or something and send them a file on your phone or Google Drive, which is always just that much more difficult on your phone than it is on your desktop. So usually, if you’re communicating with these clients, outside of your normal workday, you’re going to be doing stuff where you’re not in front of your computer, right? So you have to consider that. And the big thing you should be considering is payments. So I had a client, and I won’t say the name of the company, but it was a translation services company. Now what this company did, they had it because their translation services, they had employees and contractors all over the world. And so I was constantly being pinged by their managers all over the world for various things. And I had one HR rep I had to submit my timesheet to and then somebody else in another country

Submit the payment. Now when things went south, and our communication started to break down, and they decided they didn’t want to pay Now, normally in the US, if they’re in your country, not just in the US, if you’re listening to this many other country, if you’re working with a client within your country, it’s a lot easier for restitution to get payment, right. So you just bring in the small claims court or some other type of court, depending on the size of a payment, maybe even arbitration. And if need be, you go to court and you get your money back. Now, with a particular company that’s overseas, you’re going to have a lot more barriers to be able to recover your money. It’s not even worth it unless you have at least 30 40,000 years to recover. So you have to keep that in mind as well. So there are a lot of precautions working with overseas companies, and I hope you take these tips and think about them the next time you get a potential prospect that wants to talk to you overseas.

Thank you for joining us for freelancing school.

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