| Why Are You Doing Everything Yourself?
When I consult with business owners about finding new clients, I often
discover it isn't that they don't know how to market that's holding them
back, it's that they don't make the time to do it. "I just can't find the time," they tell me. They're so busy running their
business, they're not growing their business. They work in their
business, not on it. I call this the "Lone Ranger Syndrome." The need to do it all yourself. I
know all about this syndrome because I used to have it. As a
perfectionist, I thought no one would do as good a job as I could for my
business. And surely, I couldn't let someone handle private matters like
travel arrangements, billing, or checking accounts! Then I realized I could buy back my time. And I didn't have to do it all
myself. Six Figure Entrepreneurs in my recent study say they made similar
discoveries. "Going it alone was a recipe for disaster," said study
participant, Vicky White a Feng Shui Life Coach. Interviews with 106 top achievers confirms my experience with
research. The majority of the study participants report the best
ingredient for creating a six figure income is supportive business
relationships. The essential relationship? Administrative support, like a
VA. What's a VA? A client I'll call "Helena" recently called to ask me what she could do to
find the time to implement the hot marketing plan we'd created to
promote her online products related to her therapy practice. I asked
her, "Who is your VA?" "Who is my what?" Helena responded. I said, "Your virtual assistant (VA), an independent contractor who
administratively supports an entrepreneur, executive, or mobile
professional using electronic technology." "I have no idea what you're talking about," Helena said. I explained, "In the past eight years, a new Internet-based industry has
emerged. It is called virtual assisting. Virtual assistants (VAs) are
experienced, professional business support providers who work
virtually. They're not in your office, they're on the phone, fax, email, and
Internet." A VA frees me up to handle work that only I can do and enjoy. She
takes care of my paperwork, handles my records, monitors and answers
email, coordinates travel, meetings and events, maintains my database
and calendar, updates my website, helps with teleclass registration,
and even supports production of my e-zine. She does all that for me in
Florida from her home in California." "I can't believe you've hired someone living across the country. Does
that work?" asked Helena.
"I gave up my brick and mortar office, I'm not providing space or
equipment, so she only works when I need it and I don't pay benefits.
The best part is I got to give up the computer stuff I hate, VAs are
usually very tech savvy."
"Well, you must pay a lot." Helena said.
"It's all how you value your time," I explained. "You know I charge
$200.00 an hour for individuals and even more for corporations."
"So?" said Helena.
I responded, "If I continued to handle all my business support functions,
I'd eventually get bogged down in 'paperwork' and not have time to
enjoy my business or family. When I was my own admin support, it cost
me the same $200.00 an hour. VAs charge $20.00 to $50.00 an hour,
so even if I pay top dollar, I save at least $150.00. I use those extra
hours to service my clients and prospect for new business. It isn't much,
if you factor in the savings on benefits, equipment, supplies, and office
overhead. And, I have highly trained, professional specialists working
with me. We're a team." "Okay, now that you have explained it, I believe hiring a VA might be
worth considering. I have lots of tasks she can complete so I can use
my time implementing the new promotional campaign. I'll give her all
that paperwork I've been dying to complete but just haven't gotten
around to. My website needs revamping. You said she can do that,
too?" asked Helena. "Sure can," I told her. "Wait, how do I find a VA?" asked Helena. "Look for someone who's graduated from a VA training program or get
more information about Virtual Assistance from the Alliance for Virtual
Businesses. You may also contact the VA, Shawn Tuttle, who works for
me and tell her I referred you. She'll do as professional a job for you as
she does for me. But don't wait until it's too late and you 'hit the wall.'
For many "Lone Rangers" overdue bills, a messy office, late projects,
and unreturned phone calls add up to a business close to collapse. " Contact Shawn at 805.440.5736. Based on VA Sharon Williams' article with permission, which first
appearing in FEMALE ENTREPRENEUR MAGAZINE. Dana G. Mayer is a
business consultant to entrepreneurial types. Her 15+ years of
experience in marketing communications, strategic planning, start-ups,
and leadership development helps people put profits in their pockets
and ethics in their organization. Article use/reprints
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Copyright ©2004 Sharon Williams and Dana Mayer.
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