We work in a global community to raise the standard of living for everyone.
Bryan Luoma is the Founder and CEO of Cadsourcing, a global leader in Telecom Drafting Services. Bryan has family ties to the Philippines and he knew could use his company to help provide high-paying jobs into the local economy. Companies in his industry often experience high turnover after the 8 to 10 month mark, but Bryan has avoided that problem entirely. How does he do it? Find out on this week’s episode of the Giving Back Podcast.
Key Takeaways:[3:55] What’s Bryan’s background and why did he start Cadsourcing? [12:40] Typically, it’s hard to keep people in the BPO (Business Process Outsourcing) industry for more than 8 to 10 months because people get burned out, but Bryan himself has not had that problem at all. [14:35] How does Bryan find his talent? [17:20] Bryan and his team have a ‘Cadgiving’ initiative setup. Their current project is to re-do the computer lab at a local Filipino school. [20:20] The second largest income producer in the Philippines is Filipino expatriates living overseas and sending money back home. The BPO industry would be number one. [20:55] Young students feel like they have to leave the country in order to get a good life. [21:55] In fact, a large percentage of Bryan’s Filipino employees have worked overseas in the past just to find work. [22:20] Cadsourcing is able to hire local Filipino talent, which means the employees get to stay in the Philippines with their families and support network. On top of that, the average age of a Cadsourcing’s employee is between 25 and 30 years old and 80% of them are the main breadwinners in their household of more than 5. [25:10] To Bryan, it’ more than just building a company for profit. He is working in a global community to raise the standard of living for everyone. [26:00] Clients love working with a company that treats their staff right. It’s been good business overall. [30:35] How is Bryan implementing Cadgiving and how do his clients get involved? [33:45] One of the main objections from business owners is that they ‘have to focus on the business right now’ and that’s why they don’t have a giving initiative set up. What are Bryan’s thought on this? [36:25] Bryan has talked about the impact a company like his has on the local communities, so what kind of impact has it made on Bryan personally? [39:45] What advice does Bryan have for business owners who want to start this giving back initiative, but are afraid of their bottomline?
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