I've got a lot to share with you.
I started my own virtual assistance (VA) practice in 1999. I've seen the good, the bad and the ugly side of running a business and I thought it was time I shared my experiences.
I'll be honest, I've fallen into some of the main traps newbie virtual assistants can plummet headlong into. The dream of working as and when I wanted didn't quite pan out the way I thought it would. Neither did the pay initially either!
If you're curious about starting your own VA practice, I'll guide you through what you'll need to build a firm foundation to get you started.
I'll also share with you the main traps I fell into so you can avoid them.
Or, if you have a well-established VA practice or freelance business and are feeling completely overwhelmed (not enough time in the day, missing out on spending time with family and friends because work is all consuming), I can help you set up better working practices to get you back on track, show you how to work fewer hours, still grow your business AND increase your profit.
I totally understand what it feels like to keep pushing yourself. I also know what it's like to crash and burn. I did it myself in a most spectacular way!
With the knowledge I have gained over the past 20 years, I've created tips, tools and resources to help VA’s and freelance professionals build a profitable business they can grow and love, and have a world outside their business too.
Join me today to start a new journey!
How exciting! You’ve decided to start your own business.
Do you know that makes you a warrior?
Why? Well because it takes someone brave and strong to start a business. Someone willing to take a risk. Someone ready to step out of their comfort zone into the unknown. Someone willing to not be afraid and be prepared to do battle with whatever it takes to create a successful business.
Okay, so it may sound a little dramatic. But personally, I think it sums you up.
Starting a business isn’t for the faint-hearted. When you’re employed by someone else, once you've finished for the day your time is yours to do with what you will. When you’re self-employed it’s much harder to make time just for you.
You might currently be stuck in a job you hate or working with someone who is making your life miserable. You might dislike the commute to work every morning. Or, most of us knows what it feels like to stare out the window on a beautiful sunny day wishing we could leave our workstation at that precise moment in time to go outside and enjoy the sunshine.
If you were your own boss, you could do that, right?
- Take time out and sit in the sun.
- Not have to put up with that pain in the butt you work with.
- Definitely not have to do the jobs that you absolutely hate.
In theory, if you ran your own business, yes, you could choose to do what you wanted to do and work with people you wanted to work with but…
And here’s the BIG BUT…
Only if you build your business properly.
I’m not talking about bricks and mortar either.
I’m taking about having a good business foundation with proper systems, proper targets, realistic goals, and a business plan.
And all that’s just for starters.
There are a lot of other things to think about. Equipment, insurance, marketing, building a team or doing it all yourself, creating a website, data protection, anti-money laundering. The list goes on.
When you get it right, you’ll have a business and a life that you love. You will...
- Work the hours you want to work.
- Get to spend more time with family and friends, go on school trips with the kids, attend appointments without it becoming a major drama when you need time off.
- No longer have financial worry.
- Maybe become a philanthropist if you want to. Help others to make their dreams come true or give to charities of your choice.
- Work with people you want to work with.
And that my friends is what being your own boss is all about.
Here’s what happens when you get it wrong.
- You are constantly financially stressed out. Wondering how you’re going to pay your bills from month to month.
- Your systems are chaotic, losing you time searching for things or spending longer on a task that could've been done quicker. Time that could've been spent earning you money instead.
- You spend all your time working for clients, you forget about your own business. You put marketing and promotion on the back burner. You just haven’t got time to deal with that as well!
- You unintentionally create a financial glass ceiling because your pricing is not in line with your actual worth.
- You offer so many services you’re seen as a jack-of-all-trades and your services are perceived as low value.
- You under charge because you think that’s the right price to promote, based on… well, what you think you should charge because you haven’t created a business plan and you haven’t worked out a realistic pricing strategy.
- You’re still in the 9 – 5 mindset so you work around the hours your clients dictate leaving you chained to your desk, scared that if you take time out your clients will fire you.
- You haven’t had a proper holiday for years.
- Your work boundaries are vague, so you allow your clients to sabotage your personal time.
- Your clients are your only source of income so when you do manage to go on holiday, your money dries up.
- A client suddenly decides they no longer require your services and you’re left with a gaping financial hole that you can’t fill because you didn’t spend any time on marketing and promoting your business.
Sounds scary doesn’t it?
Here are some of the reasons why you can make those same mistakes.
- Created a business plan
- Worked out your finances based on your needs.
- Niched your services.
- Clearly defined your work boundaries
- Have no firm systems and processes in place.
- Keep a 9 - 5 mindset.
- You spend too much time IN your business not ON your business.
All the above are classic mistakes made by many entrepreneurs.
But it doesn't have to be that way!
If you're thinking about starting your own virtual assistance or freelance business, my advice is to start as you mean to go on by building a firm foundation first.
And, even if you have an established business, I know from experience that it's never too late to change the way you work.
You don’t have to make the same mistakes I did.
With 20 years behind me running my own business, I have created strategies, tools and resources to help you avoid the pitfalls I, and many other freelance service providers, have fallen into.
Here are two simple steps that will help you create the business you love.
STEP ONE: Subscribe to my weekly blog to receive tips and free resources to help you get on the right tracks with your business. Useful for both new and established businesses. You can unsubscribe at any time.
STEP TWO: Join my free support group. I share extra tips and training that only this private community has access to.
Learn how to calculate your hourly rate
Not sure how to work out your hourly rate? Our cheat sheet walks you through how to calculate an hourly rate and what information you need to know to be able to work out a realistic figure so you can grow a profitable business.
Hourly Rate Calculator Cheat Sheet
Download our cheat sheet to help you work out a realistic hourly rate so you can create a profitable business.
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