Virtual Assistants

Virtual Assistant Interview Series II

By Tina Hilton of Clerical Advantage

As I stated in last week’s post, I’ve had the pleasure of interviewing several virtual assistants with varying degrees of experience and I am sharing those interviews here.  My purpose in sharing them is to help those of us who sometimes feel alone in the challenges of running our own virtual assistant business.

This week my interview was with Jeannine Clontz of Accurate Business Services.

HOW:  How long have you been a virtual assistant?

Jeannine: Eleven Years

HOW:  What first drew you to become a VA?

Jeannine : By accident - I was looking for a business opportunity for my husband - just worked out to be a better option for me

HOW : What did you find to be the biggest challenge when starting your virtual assistant business?

Jeannine : If I could do it all again I would wait until I had about 2-years of my former corporate salary tucked away to keep us going while the business was growing.

HOW : How long did it take you to sign your first client?

Jeannine : I had a client - or did a sizeable project, prior to starting my business.  Once I opened my business I immediately joined a BNI group - so it was less than 30-days before I had several clients and prospects.

HOW : What did you find was the most effective way to market your virtual assistant business?

Jeannine : Word of mouth - networking and referrals

HOW : What do you feel is your biggest challenge in marketing your business?

Jeannine :  Initially I made a HUGE mistake and invested a large chunk of my marketing budget on Yellow Pages ads - it took me lots of classes and trial and error before I developed a marketing plan that really worked.

HOW : What do you find to be your biggest client related challenge?

Jeannine: None now - my message is very focused and I’m pretty picky about who I work with - I would say probably collections as people are taking a lot longer to pay.

HOW : What type of changes, if any, have you made to your business since start-up?

Jeannine : Oodles - I went from a generalist to specializing in one niche - now have two niches and several additional options since utilizing sub-contractors.

HOW : What is the one thing you wish you knew before you started your business?

Jeannine : Nothing really - I think I learned more by making all the mistakes I did - now I use those past mistakes to help other budding and established VAs through my coaching programs.

HOW : What do you envision your business being like in 5 years?

Jeannine : I have been doing a lot more coaching and professional speaking - so I see my business (the VA practice) being more and more focused on sub-contractors doing all the work and me continuing to develop and grow the client base - then I’ll have plenty of time for the coaching and speaking part which I find I’m quite passionate about.

I want to thank Jeannine for sharing with us and being a part of our interview series here at Home Office Warrior.  We appreciate you sharing what you’ve learned over eleven years in the VA industry.  For those of you that want to learn more about Jeannine and her business, be sure to head over to Accurate Business Services.

Jeannine can also be found at VA Business Coaching.

Next week we’ll share the insights of another virtual assistant in our Interview Series.

If you have questions concerning virtual assistance or have an interest in working with a virtual assistant you can contact Tina Hilton or visit her business website for Clerical Advantage.

Virtual Assistants

Virtual Assistant Interview Series

By Tina Hilton of Clerical Advantage

Let’s say you’re a new or relatively new virtual assistant.  Working from home has it’s perks, but there are a few drawbacks as well.  One big one is the feeling of being alone.  Not just in the obvious ‘I work from my home office’ physically alone feeling, but the “am I the only small business owner dealing with this” alone feeling.

Sure, there are online forums and communities where one can go to, but have you noticed something about forums?  It’s great for getting questions answered and learning new things, but the information you get isn’t the same type you might reap over say, a cup of coffee and croissant now is it?
I can’t speak for all virtual assistants, but I know I’m pretty reluctant to talk about personal stuff too much on the forums.  But when I think about it, sitting with someone over a cup of coffee or glass of sweet tea somehow makes it easy to share my story with someone else. Or for them to share their story with you.  And let’s face it, sometimes just exchanging business horror stories can reassure you that someone else understands what you’re going through.

But unfortunately, I haven’t yet found any other virtual assistants here in the Hickory, NC area to meet up with for coffee.  And I bet there are other VA’s out there who are in the same boat.
So in an attempt to help us all feel like we’re not alone, I decided to do a few interviews with established virtual assistants, asking them questions regarding their businesses, such as how long it took them to sign their first client and what they found to be their biggest business challenge.

The first intereview is with a relatively new virtual assistant,  Elizabeth Oldham of Ressor Virtual Solutions.

HOW: How long have you been a virtual assistant?

Elizabeth: I have “officially” been a virtual assistant since May 2009. Before than I dabbled in freelance and helped friends and family out with virtual  and non virtual administrative problems they might have come across.

HOW: What first drew you to become a VA?

Elizabeth: I have always been an “outside of the box” kind of thinker.  I knew I had the education (BS in Economics/Minor in Business Management) and the experience to be able to offer this kind of service. I also saw the HUGE problem that so many small business owners and entrepreneurs are faced with, which is the extra expense of hiring an employee. I knew that I could offer a solution by offering the services with no overhead cost to the client. So, when I was faced with the decision of starting my own business or going to work as an administrative assistant… I took the plunge, signed the papers and Ressor Virtual Solutions was born!

HOW: What did you find to be the biggest challenge when starting your virtual assistant business?

Elizabeth: I have always been a good salesperson, but I have never had to “virtually” sell anything before. The hardest hump to get over for me was the online marketing. Although I have worked directly with public relations and marketing individuals in previous positions, I have never been solely in charge of getting a business clients or revenue. Even with the previous experience I have working with those individuals, the projects have never gone from thought to launch 100% from me. I have really worked hard to get up to speed with marketing strategies that work. I have researched what has worked for other successful entrepreneurs and tried to implement that into my business plan.

HOW: How long did it take you to sign your first client?

Elizabeth: Ressor Virtual Solutions opened in May of 2009 and I signed my first client on June 30th 2009. How exciting it was to hold the signed contract in my hand!

HOW: What did you find was the most effective way to market your virtual assistant business?

Elizabeth: By far the most effective way that I have marketed Ressor Virtual Solutions has been social networking sites. I have been introduced to so many like minded individuals. The key to these sites is to target the people that you want to work with. In my case I have searched, requested, followed and engaged in conversations with entrepreneurs or small business owners. I have also gotten back in touch with many high school and college acquaintances that are farming Ressor Virtual Solutions out to individuals that could use my assistance! If used correctly these sites can push clients to your business. I would suggest Twitter and Linkedin to start off with. Twitter gets your name out there and Linkedin is like a virtual resume that everyone can see.

HOW: What do you feel is your biggest challenge in marketing your business?

Elizabeth: I ran into roadblocks in the very beginning with scams. I posted advertisements on a few sites and was very excited to see so much interest, only to open the hundreds (I am not exaggerating) of e-mails that offered me a position transferring money from one account to the other and such! It was frustrating and discouraging to spend so much time weeding through those e-mails thinking that there would be a diamond in the rough! I eventually deleted those advertisements and began searching on those sites. I contact everyone that is seeking an assistant and let them know the benefits of hiring a virtual assistant. If they are local I throw in the fact that I do free on site consultations.

HOW: What do you find to be your biggest client related challenge?

Elizabeth: Well, I really haven’t had any challenges yet with my clients. I do however anticipate that there will be some difficulty in the future with the confusion between employee (which I am not) and contractor (which I am). I think that this can be handled with a level of diplomacy and a little reminder that I am also an entrepreneur and a small business owner… we are equals and on the same page!

HOW: What type of changes, if any, have you made to your business since start-up?

Elizabeth: I have made a couple changes and I am sure there will be many more in the future. The first and most effective, I touched on above with the switch in marketing. The second would be the change in my idea of “set” hours. When I first began I wanted to have certain hours that I worked. I soon found that the best way to run Ressor Virtual Solutions was to have many different “set” hours. I work when I am needed and am normally available even when I am not officially working. I think one of the most inviting things about being a virtual assistant is that I can get a call at 9:00 PM that goes to my voice mail. By 9:02 PM I have listened to it and am starting to devise a plan. By the AM I am hitting the floor running with ideas!

HOW:What is the one thing you wish you knew before you started your business?

Elizabeth: That it is discouraging at times! There are many days in the beginning when I questioned my decision to venture out and start this business. I felt like I was getting nowhere. I am so happy that I stuck with it and was able to experience the feeling of securing my first client on retainer! I also wish someone had told me that it is difficult starting your own business if you have never done so. The amount of information I had to dig to find was astonishing! I was lucky enough to run across many different forums for entrepreneurs and also for virtual assistants that have helped me gain loads of knowledge.

HOW:What do you envision your business being like in 5 years?

Elizabeth: In five years I would like for my business to be an accomplishment for myself and a positive experience for prior clients. I would love to one day maintain a referral only basis for new clients. I want to keep our client base manageable so that each client feels like they are our only. My husband is a co-owner of Ressor Virtual Solutions and helps me on occasion, mostly with marketing and our business finances. I would like to see our business grow to the point to where he could be the primary contact for a future client. His knowledge base is very different than mine so we would need to target a different niche, which would mean growth for Ressor Virtual Solutions!

HOW:Elizabeth, thank you so much for agreeing to be a part of our interview series here at Home Office Warrior. I believe that your willingness to share your experience will be a big help to other virtual assistants, especially those that are new to the industry. It sounds like you have Ressor Virtual Solutions on the track to success!

Next week I’ll share another virtual assistant interview, this time a ‘veteran’ VA with 11 years of experience as a virtual assistant. At the end of the series, I’ll also share my own answers to the interview questions. And it’s not too late to be included in the series, if you are  or know a virtual assistant who would be interested simply send me an e-mail, thilton at clericaladvantage.com.

If you have questions concerning virtual assistance or have an interest in working with a virtual assistant you can contact Tina Hilton or visit her business website for Clerical Advantage.

Virtual Assistants

Marketing Your VA Business- It’s Not About You

By Tina Hilton of Clerical Advantage

I follow Chris Brogan on Twitter, partly because he gives great business advice, but mostly because I find him interesting. If you follow Chris for any length of time you’re bound to see him post the following in some way, shape or form: It’s not about you.

I’m sure some people would apply that to Twitter alone, fed up with the pushy hard sell DM’s and Tweets that many Twitter citizens seem to be so fond of. But me, I think you can apply these words of wisdom to all aspects of your business and to life overall.

I don’t want to wax poetical and give you life applications, after all, I’m writing this for virtual assistants, their clients and anyone else who might have some interest in the virtual assistance industry. Plus, I don’t want to bore you.  But I do want to try to give you something to think about in regards to how your conduct and market your business.

This morning, halfway down my ‘To Do’ List, I’ve written, “Review website copy. It’s Not About You.” I added this to my list on Saturday and it had pretty much slipped my mind until I read it this morning. Now I’m reminded that two days ago I did an Internet search for virtual assistants. There are some great VA’s out there with great websites, but most of them have one thing in common. Most of the copy is about what they can do, how they work and what experience they have. And while these are all things that you certainly want to address on your website, it shouldn’t be where the focus is.

Why? Because all of that stuff is about YOU. And focusing on who you are, what you do and what you know might impress a potential client but it most likely won’t cause them to hit that contact button.  And isn’t that the the ultimate goal of your website?

What will get them to hit that button is focusing on them. Make the majority of your website about what they need, how your services can solve their problems and giving them answers to their questions. Potential clients are much more likely to hit the contact button if they feel you are just what they have been looking for.

If you think about it, isn’t that why you purchase items and services? Because they meet your individual needs?  If you’re not getting the results from your website you think you should, maybe its time to add “It’s Not About You” to your “To Do” list.

If you have questions concerning virtual assistance or have an interest in working with a virtual assistant you can contact Tina Hilton or visit her business website for Clerical Advantage.

Virtual Assistants

Virtual Assistants, Are Your Rates Set Correctly?

By Tina Hilton of Clerical Advantage

A while ago I did a post concerning whether or not a new VA should charge less. Regardless of whether they should have to or not, many of them do. But unfortunately they are doing so out of a lack of understanding about setting their business rates, rather than because they feel being new means costing less.
What do I mean by that?
I’ve notice that many new VA’s are charging in the $20 to $25 per hour range. When I see this, I wonder just what formula they used to determine that.  Sadly, I think few of them actually use any type of formula.  I believe that they look at $20 or $25 an hour as a great hourly pay. And granted, if an employer offered you that it would be pretty respectable. Yet, for someone running their own business, it’s very low. And it makes me wonder.
I wonder if :

  • They are taking into consideration that they need to pay their own taxes.  That’s a hefty 15.3% of income. You can find a calculator here that will help you see how much you would owe in self employment taxes based on an actual or estimated income amount. For example, if you made 24,000 this year with your virtual assistant business you would owe $3,391 in taxes on that income. And don’t forget that there will be state and possibly local taxes as well.  A wise person once told me to figure on at least 30% of my income to go toward paying taxes.
  • Are they covering the cost of any business licensing or registering that their state or local authorities might require?
  • Are they taking business expenses into account?  Think of what you need to pay for to keep your business running. Supplies like paper, ink cartridges and other items your office requires, the cost of a separate phone line or web based system as well as any long distance charges you might incur, cost of postage for clients and your own marketing, hardware like printers, scanners and computers, software, Internet charges, charges for online applications like project management, e-mail marketing such as MailChimp or Aweber,  fees associated with memberships, fees associated with payment/credit card processing. are just some of the items I can think of that you should be taking into consideration when setting your rates.
  • Have they considered the cost of starting and maintaining a website/blogsite? Purchasing your own domain name is something I strongly suggest a new virtual assistant do. First, even if they can’t afford to purchase hosting immediately, they can get e-mail hosting and will have a professional looking e-mail address that looks something like yourname@yourbusinessname.com.  As your business grows you will likely want to add a hosting package that you’ll need to pay for and also consider the cost of designing and building your site.
  • Are they thinking about publications, classes and books they will undoubtedly want to purchase to help them learn how to grow a successful business.

Although most of the items listed above can be considered for tax deductions, a virtual assistant still has to pay them throughout the year. If you have set your rates based only on either what is considered a good employee rate of pay or just on what you yourself are looking to make for income you’re going to find yourself either falling very short of what  you need or needing to take on more clients than you can comfortably handle.  Doing the latter means that you’ll find yourself working long hours, more days a week than you anticipated and you can say goodbye to the flexible schedule and more free time that you saw as a benefit of working from a home office. Plus you also risk not being able to provide quality services due to being overwhelmed.

If you’re a new virtual assistant just setting your rates, make sure you take all of your costs and expenses into consideration. If you’ve already established your business and are finding that you can’t seem to make enough money, perhaps it’s time you sat down and figured out just how much you need to charge and raise your rates. I know that there is no way I could have a successful business were I only charging $25 an hour.
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If you’re a new or aspiring VA have you checked out the free “10 Step Guide to Starting a Virtual Assistance Business” ?

If you have questions concerning virtual assistance or have an interest in working with a virtual assistant you can contact Tina Hilton or visit her business website for Clerical Advantage.

Virtual Assistants

Why VA’s Should Read Jobsite Listings Carefully

By Tina Hilton of Clerical Advantage

I’ve written this post especially for virtual assistants looking for clients, but those of you trying to determine if a virtual assistant is the right choice for you will find some words of wisdom here too.

I know it seems like I’ve done the ‘definition of a virtual assistant’ thing to death, but too many new VA’s are so desperate to find clients that they may eventually find themselves in a situation far removed from their dream of being a successful virtual assistant.

Like many virtual assistants, I have a Google alert set up to bring me news from the VA realm.  This morning I was greeted by this link. At first glance, this may appear to be a great opportunity to gain a client, but before you get too excited, look closer.

The very first section gives a savvy VA a hint that this may not be a great opportunity.  You’ll notice that in the forth line they mention interviewing and three lines down from there it states you must be available on Skype during working hours. Virtual Assistants conduct consultations with potential clients to see how their services,etc. might fit a clients business, which is different from being interviewed for a position. They also work their own set hours, not necessarily the same business hours a client might consider their work hours.

Even without reading further this tells me that this company is looking to reap the benefits of a virtual assistant (no taxes and benefits) while gaining an employee. And sure enough, as you get down further you find under the section labeled “Payment” the phrase:  This is a full time job. This means I expect that you don’t have other jobs besides this one.

To those of you thinking you may want to hire a VA, if this is one of your requirements, a VA is not for you. Hiring a virtual assistant is like hiring an accounting firm or an attorney, you should expect that they are going to have other clients as well as you.

At this point in the posting you should also notice the hours expected to work, 8-12 hours a day, 6 days a week! I wasn’t expected to keep those type of hours when I was a title processor, and that’s a demanding job!

And what are they willing to pay  you for all of those hours you’re working  .77 ¢ an hour. What? you may say, it says $200 a month?  Exactly. And for that $200 you’re working an average of 60 hours a week. In my opinion, this company isn’t looking for a VA or an employee, they’re looking for slave labor.  No one can survive on 77 cents an hour.

What started out looking like a professional request for assistance looks more like a travesty now doesn’t it?

As a new or inexperienced VA I know it gets frustrating when you haven’t landed those first clients yet, or you need to pick up just a few more to make ends meet, but be cautious when replying to jobs posted on  job sites, freelance sites and the like. Make sure you read them thoroughly and watch for warning words like interview and resume. You must remember that you are a business, providing a service to another business. When is the last time you asked your plumber for a resume?

When examining payment amounts, make you notice how many hours they are looking for and do the math. And the minute you see anything in the post about working for them exclusively or doing the job according to their time schedule and exactly as they want it done remember that the IRS calls that an employee and won’t take kindly to a business who doesn’t pay taxes, benefits, etc. just because the company calls it a Virtual Assistant position.

As hard as it is, it’s much better to stay true to your rates and policies and wait for clients who understand not only that a virtual assistant is not simply an employee who works from their own office, but the true value of working with an experienced professional.

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If you’re an aspiring virtual assistant, don’t forget to get the free “10 Step Guide to Starting a Virtual Assistant Business” !

If you have questions concerning virtual assistance or have an interest in working with a virtual assistant you can contact Tina Hilton or visit her business website for Clerical Advantage.