Have you landed your dream job? Or are you still struggling?
Do you feel the need for a side income to supplement your current paycheck?
Are you looking for a more rewarding career?
Do you want to build your own CA, CMA or CS firm going forward?
Are you resigned to struggling or growing very slowly for the next few years, or are you still looking for an opportunity to get out of the rut?
What if I show you practical methods to access a job market that pays much better (and gets you higher-value clients)?
What if from next week, you can access a market for compliance services with superior growth potential that your peers are not even aware of?
Do you want to learn about a market where Indian compliance professionals have a huge competitive advantage?
CA, CMA and CS professionals acquire a lot of knowledge and have to put in a tremendous amount of work to clear their exams.
Many of them can only secure what are essentially glorified clerical jobs and end up working 40-50 hours a week from the office, with very little job satisfaction and what they consider very little pay.
Can you imagine yourself as this person at all? Does your paycheck come at the cost of peace and sanity?
Even a few years ago, people had no options.
But times have changed, and you can simply choose a different path now.
ESCAPE THE CUBICLE!
You can work in a different kind of career and make far more money than you thought you could. The question is, where and how?
Startups hold the key
I will begin my answer with another question: have you considered working for startups based in the US remotely from India?
If not, allow me to suggest that getting them as your clients and working remotely for them sitting in India should be your immediate aim.
Among the numerous benefits of working for a US startup, I will mention some of the major ones.
- Since startups are still in the early stages of development, they are set to grow quickly. Which means your career will grow quickly too
- The majority of startups have under 50 employees, so your contribution becomes extremely important to the company, because there may not be anyone with your specific skill set or experience
- Also owing to the small number of employees, you may be expected to complete tasks that are related to but not actually part of your original brief. So you have a chance to learn different skill sets and put them to use later
- While you will have to meet deadlines and complete tasks on time, you will not be bogged down by processes and procedures which would be the case in a bigger company.
- Your hard work is likely to be more easily noticed, and you will form stronger bonds with clients & colleagues, which will be of immense help in building your international network and US job/client portfolio over time
In the past five years or so, we have witnessed a huge surge in startups not just in the US but all over the world, and they are doing exceedingly well and expanding rapidly.
Still, as of 2021, almost half the world’s unicorns (companies that reach a valuation of USD 1 billion without being listed on the stock market) were headquartered in North America.
And in 2022, the US was home to around 73,000 startups, with nearly 40 percent concentrated in Silicon Valley.
Early-stage startups are very cost sensitive and often unable to hire any compliance professionals or lawyers at all until they secure some funding, even when they badly need help.
And when they do have funding, they are often cost conscious and far more open to remote workers than traditional businesses.
If your goal is to work remotely and break into the job market, it will be far easier to get your initial experience with a startup, while getting a job at a large MNC or a traditional business remotely can be much, much harder and may require extensive track record building.
Startups are a lot more open to remote talent than anyone else in the job market, which makes getting a foothold in a new country easier if you aim at startups.
Before the pandemic created a new normal of remote work, Indian CA/CS professionals could not simply get a job in a US startup as most people wouldn’t qualify for a visa without jumping through hoops.
But remote workers do not need a visa! And pandemic taught startups how to work remotely with talent.
The pandemic has changed modes of working and made us realise that it’s possible to work from anywhere.
As a result, many startups are now willing to hire talent remotely, and startups in the US are in fact regularly hiring talent from countries like India, the Philippines, South Africa & Nigeria, given the huge cost advantage (note that the most affordable talent comes mostly from developing countries with many professionals who speak and work in English).
They are ready to bring remote talent on board, but are you ready to offer what they want?
Why should you consider working for US startups?
First, startups are your gateway to a much larger US market.
Once you make your way to working remotely for the US, even if for a very early stage startup, other employers in the US will be a lot more open to hiring you based on your previous experience of working with a US org and recommendations from your ex bosses.
Which means you get access to more work, more jobs, more clients.
It is absolutely life changing to go from a small job or services market restricted to a particular city, to a global job or services market.
If you think it is easier to prosper in a large city like Mumbai, Bangalore or Delhi rather than a small district town, imagine what happens when you have access to job markets in New York, San Francisco, or Chicago!
The US legal services market is currently worth about USD 330 billion, compared to the USD 1.5 billion legal industry in India – and CA/CS professionals can assist clients as paralegals working remotely, as the work is not restricted to lawyers. Given the huge size of the US legal services market, they can earn 3x-5x more than what they do in India within the first 6 months.
This is just the beginning. The long term growth prospects are incredible.
The other factor is how much more you can get paid compared to Indian jobs. On a purchasing power parity basis, the US is generally 17x more expensive than India. And legal and compliance services in the US are easily 10-15x more expensive than what they cost in India.
This creates unique opportunities for Indian professionals who can work remotely for US clients. If you can do this, you get more work because your prices are competitive, but you still earn a lot more than what your services are worth in India.
Is it really possible? Who is already doing this?
LawSikho has helped hundreds of lawyers, CA, CMA, and CS professionals from India to do exactly this.
Not only qualified professionals, but semi-qualified professionals are also able to get remote freelance work and remote jobs from the US.
US Tax and US Corporate Law are the two hottest sectors for such opportunities.
Are you interested in knowing more about how you can work for US clients – growing startups, law firms, SMEs, and CPA (Certified Public Accountant) firms? Do you want to know more about earning opportunities and how to get high-quality work?
This is a historic time – never before as an Indian CA/CS professional could you imagine sitting in India and working for a US company as a paralegal or an assistant to a CPA.
And of course, one can eventually acquire the credentials needed to work as a full-fledged CPA, corporate secretary or even as an attorney in the US.
If you are interested in the subject, do not miss our upcoming bootcamp for anything at all.
Here is what you have to do to turn your career around in a way that you dream of.
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