For those of you who are unaware, I decided last week to no longer operate FAO Research. The closure came down to my foreseeing difficulty monetizing a research-based business in 2009 due to the increased availability of free information available via Google Advanced Searches, free stuff being distributed by advisors, suppliers, magazines, bloggers, etc. I had suspected for quite some time that the economics of a research model simply no longer makes sense for me, so last Monday, I decided “why wait”.
I say this with a bit of sadness, as, on one hand, we finally achieved a position wherein FAO Research had gained the reputation and trust to work with the biggest outsourcing suppliers in the world as well as major advisors, members of the press, industry associations, and the like. On the other hand, however, as much as I have loved my “job” since 1996 as an outsourcing research analyst, I am anxious to pursue opportunities outside of this current business model.
I am grateful for the more than 160+ email messages I received late last week from outsourcing suppliers, buyers, advisors and all sorts of industry experts. I am especially appreciative for a blog post today by renowned analyst and blogger Phil Fersht who has been my colleague, competitor, at times, and dear friend here in Boston. Apparently, I made an impression in this domain. I am humbled.
It’s a small space this outsourcing world in which we live. I shall continue to post “outsourcing perspectives” regularly. I thank you for your continued support and encouragement on my professional outsourcing journey.
Comments