Have you landed your dream job? Or 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 having to struggle 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 also 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, but where Indian compliance professionals have a huge competitive advantage?
CA, CMA and CS professionals acquire a lot of knowledge and have to put in tremendous hard work to clear their exams – after which 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 not enough 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 now the times have changed, and you can just choose a different path.
You can work in a different breed of organisation and make far more money than you thought you could. But the question arises, 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?
If not, let me put it to you that getting them as your clients and working remotely for them from 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. Instead, you may be asked to participate in brainstorming sessions and share your creative ideas
- Your hard work is liable to be more easily noticed, and you will form stronger bonds with clients, which will be of immense help in building your international network and job portfolio
In the past 4-5 years, 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 the Silicon Valley area.
Early-stage startups are very cost sensitive and they are often unable to hire any compliance professionals or lawyers at all until they are able to secure some funding, even when they badly need help.
Even when they have funding, they are often very cost conscious and much more open to remote workers compared to 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 small business can be much, much harder and may require extensive track record building.
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 many hoops. But remote workers do not need a visa!
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, given the huge cost advantage.
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 though?
Firstly, startups are your gateway to getting into a much larger US market. A larger market means you get access to more work, more jobs, and 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 far more than a small district town, imagine what happens when you can remotely access job markets in New York, California, or Chicago.
The US legal services market is currently worth about USD 330 billion, compared to the USD 1.4 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.
The other factor is how much more you can get paid compared to Indian jobs. On Purchasing Power Parity basis, the US is generally 17x more expensive than India. Legal and compliance services in the US are easily 10-15x more expensive than what they cost in India.
This creates a unique opportunity for Indian professionals who can work remotely for US clients. If you can do this, you get more work because your prices are very competitive and you can easily earn a lot more than what your services would have been 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 in the US.
Tax and Corporate Law are the two hottest sectors for such opportunities.
Are you interested in knowing more about how you can work for US clients – promising startups, law firms, SMEs, and CPA firms? Do you want to know more about earning opportunities and how to get high-quality work?
This is a historic opportunity – 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 (Certified Public Accountant).
And of course, one can eventually acquire the necessary credentials and qualifications needed to work as a full-fledged CPA, corporate secretary or even as a lawyer in the US.
Here is what you have to do. Join our Diploma in US Corporate Law for Company Secretaries and Chartered Accountants.
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