Free Report: 5 Questions Commonly Asked by New Virtual Assistants

Most new Virtual Assistants have many questions about their new business venture.  It can be quite confusing to know what choices to make since there are so many. I’ve created a free 10-page report that answers just five commonly asked questions by new Virtual Assistants. There are of course many more questions you will have. I encourage you to follow this blog to find additional information and resources to help you succeed in your Virtual Assistant business.photo for free report

The 5 questions that will be answered in this free report are:

1.            What Kind of Investment Should I Expect to Make to Be a Successful Virtual Assistant in 6  Months?

2.            How Can I Market My Business?

3.            What About Confidentiality and Non-Disclosure?

4.            What Topics Should I Write About On My Blog?

5.            How Do I Raise Client Rates?

There is also a Bonus section with some ideas on how to proactively market your business. There are no strings attached to get this report. I don’t even ask for your email. Just download the PDF of 5 Questions Commonly Asked by New Virtual Assistants by clicking here.

Q&A: What kind of investment should I expect to make to be a successful Virtual Assistant in 6 months?

What kind of investment should I expect to make to be a successful Virtual Assistant in 6 months?Question:

What kind of investment should I expect to make to be a successful VA in 6 months? I know it is important to get business cards, get a domain, create a website, join online industry organizations and memberships. But what are the other considerable costs one should make?

Answer:
I think the answer to this question is a bit subjective. First you need to define what success means to you. Some only want to work part-time while others hope to make it a full-time business and earn six figures.

More important than a monetary investment is the investment in your time and energy. Before we get into that though I will cover some basics you need.

In my book, The Commonsense Virtual Assistant – Becoming an Entrepreneur, Not an Employee , the introduction lists some skills and tools you’ll need such as:

  • Business Plan
  • License
  • Contract
  • Reliable computer
  • Internet access
  • Phone service
  • Time tracking tool
  • Project management tool

There are other investments you can make to get training and certification. These are not necessary. If you do choose some training or classes to get certified, make sure to check them out thoroughly so you are getting the value you need for the investment you make.

Now to the important investments: your time and energy. Your success will depend largely on the time and energy you are willing to spend to build your business. The number one investment in your time and energy should be to attend in-person networking events. I’ve written numerous times  about how important it is to do this if you intend to build trusting relationships with prospects and clients and gain referrals. The Commonsense Virtual Assistant book has an entire chapter dedicated to marketing and specifically covers networking.

So the real question you need to ask yourself is, “Am I willing to attend four networking events every month for the next six months and build relationships?” When I was growing my business I attended a different networking event every week of the month and did that consistently for six months. By the end of that time I had built trusting relationships with people who I was able to refer work to. That in turn led to my gaining new clients and referrals.

Let’s ask other successful virtual assistants: what did you do to succeed?

 

Take Three Steps to Get Your First Client

The #1 challenge new virtual assistants have is getting that first client. You know that if you could get just one client and wow them with your work that they will in turn recommend you to their friends. But how do you get that first client?

There are a variety of things you could do. Today I’m going to give you three different steps you can take to find that first client.

Step #1: Subcontract for an established virtual assistant. Find an established virtual assistant and build a relationship. Some virtual assistants need additional help from time to time and if you’ve established a relationship, they may call on when they need extra help. Be aware, though, that the rate as a subcontractor may be significantly less than the rate you would charge a client directly. This is to be expected since as a subcontractor you did not go out and find the client and are not directly managing the project.

Subcontracting is a good way to gain experience and make a little income. I strongly suggest you have some sort of written agreement or contract clearly defining expectations and rate of pay. I know virtual assistants who only do subcontract work and don’t want the additional responsibilities that come with managing the client directly.

Step #2: Trade or barter services. Especially in difficult economic times, many solo professionals are willing to trade or barter services. I’ve know life coaches, business coaches, massage therapists, chiropractors and other service providers that were willing to provide their services in exchange for a virtual assistant’s time.

If you could use one of these services, find out if they would be willing to barter. Again, this is a great way to get experience and may result in good word of mouth referrals. If the client is happy with your work, this is a great opportunity to ask for a testimonial to use in your marketing materials.

Step #3: Offer an hour or two at no charge. I know you’re wondering right now if I really just told you to give away some of your time without getting paid. Is that what I meant? Yes! However, I did not say you wouldn’t get anything in return. Let me explain.

You are brand new, just set up in business and have no clients, no testimonials, no proof you are good at what you do. So why would anyone want to hire you or retain your services for five or ten hours each month? But if you could get even one client, a glowing testimonial and begin your portfolio, then there’s a reason for someone to consider using your services. So how do you get that first client? Offer an hour or two for free.

Of course you still want to have a contract detailing the work you will do in that one or two hours. Be sure that both you and the client have the same clear expectations. Let the client know up front that you’d like them to provide a testimonial – if they are truly pleased with your work.

If you provide excellent service, you will find that the majority of clients who you gave an hour or two of time at no charge will want to continue using your services and will gladly pay your fee. I have never been disappointed with my return on investment when I’ve done this. I’ve found it’s very rare that a client uses their free hour or two and then never comes back.

Since many small business owners are still reluctant to use a virtual assistant and aren’t sure what we can do for them, offering a small amount of our time can break the ice. In my opinion, this is not much different than a business coach who offers a free report with the hope that you’ll then pay for the more extensive eBook or even pay for his business coaching.

If you’re reluctant to offer free services to someone you don’t know, you may find a friend or family member that you can do some work for to gain some experience. Of course, this can have challenges of its own.

So what step will you take to get your first client?