Overseas Talent Cost Savings
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A business model focused on hiring overseas talent to provide high-quality work at significantly lower costs (approximately 5x less than US rates). The model has been proven successful through Shepherd, which grew to a $52M valuation in 4 years.
Key Points:
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Core Value Proposition:
- Access high-quality talent at ~5x lower costs than US rates
- Target talent hotbeds like Latin America for programmers/analysts
- Philippines specialization for customer support teams
- Maintain quality while dramatically reducing costs
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Target Markets:
- E-commerce businesses where margins matter
- Companies needing technical talent (programmers, data analysts)
- Businesses requiring customer support teams
- Companies looking to optimize operational costs
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Proven Success Metrics:
- Business grew to $52M valuation in 4 years
- Tripled in value in one year
- Generated enough profit to support $29.7M controlling stake purchase
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Business Model:
- Help companies hire and manage overseas talent
- Focus on specific regions for specific roles
- Maintain quality standards while leveraging cost arbitrage
- Scale through helping multiple businesses optimize their workforce costs
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Competitive Advantage:
- Deep understanding of talent markets in different regions
- Proven track record of maintaining quality
- Established processes for hiring and management
- Clear cost savings proposition (5x less than US rates)
01:44 - 02:28
Full video: 53:12SP
Shaan Puri
Host of MFM
Shaan Puri is the Chairman and Co-Founder of The Milk Road. He previously worked at Twitch as a Senior Director of Product, Mobile Gaming, and Emerging Markets. He also attended Duke University.