I've read a few posts about outsourcing but one that never hit this specific topic.
First of all, I'd like to acknowledge that this is a touchy topic for some and essentially I may be walking on thin ice with this post; so no offense to anyone!
I'm looking to start a venture with an online business. More specifically an auction-based site for a niche market. Economically, it doesn't make sense for me to start by hiring an expensive full time, or even part time developer although I do realize the benefits in doing so. I've looked into posting my project on Guru and received some pretty legit bids. I even contacted the company that designed the site for NoteHall (the 2 kids on Shark Tank with the note-sharing site). I'm a little uncomfortable with outsourcing in the fact that I feel I don't have complete control over the development and that it may be difficult to communicate specific wants and changes over emails and phone conversations. But back to the point, it just makes more economical sense.
I feel if the site takes off, I can hire someone in-house who can make constant tweaks. What do you guys feel about this direction?
I've also considered partnering with a developer by sharing partial revenues (10-15%) in X amount of time in order to reduce my initial cost and also incorporate the experience of the developer while they'd have invested interest.
Give me your thoughts and feedback on the above. I'm very accustomed to the tangible aspect of business, but really find attraction to the internet service-based industry.



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