Can you clone yourself or make more hours in a day?

When surveying several businesses, the most common challenge/problem they faced was not having enough time.  Well time is confined by a definite number. Everybody gets 24 hours a day; no more, no less. So how do you solve this problem? 

Wouldn’t it be nice to clone yourself and have lots of little “you’s” running around the office doing the bookkeeping, blogging, creating brochures, turning your stack of business cards into spreadsheets and contact management, managing your FaceBook and Twitter accounts, answering your customers’ phone calls and emails, doing your direct mail campaigns, typing memos and letters, adding or editing content to your website, searching for deals online, booking your travel appointments, etc.????  That sure would be nice wouldn’t it? 

 But just like adding more hours to the day, cloning is not a possible task either.  And it’s just not financially feasible for you to hire on additional employees to cover all these tasks either.  The “real cost” of every employee is 30% MORE than their base pay after taxes, training, benefits, worker’s comp, etc. 

 So one solution that a lot of businesses are finding these days is OUTSOURCING TO VIRTUAL ASSISTANTS.  By working with virtual assistants, you have access to the skills, talents, and resources of an entire team of people. Think of a virtual assistance service as having access to a virtual “super employee” capable of performing virtually any task or project you may need help with.  So you only hire/contract ONE but you are getting several skill sets at your fingertips!

Virtual assistants help you to leverage your time and in essence add more hours to your day. 

Everyone monetizes their time differently.  So for example’s sake, let’s say you monetize your time at $100/hour.  This means you are only capable of making a maximum of $2400 per day.  If you want to make more money per day, you have no way except to increase your hourly rate, but then how can you really just increase your rate to $200/hour if you want to?  It is not that easy. 

 So, let’s analyze this a bit.  Most virtual assistants work for anywhere from $8/hour – $45/hour (depending on their skill set and scope of the job you hire them for).  When your time is worth $100/hour to you and your business, if you’re completing tasks yourself of which you could easily pay someone else as little as $10/hour to accomplish, that is a very foolish use of an entrepreneur’s time.  If you pay a virtual assistant to handle your administrative tasks, this frees up your time for you to create real value in your business by developing new features or expanding marketing efforts, increasing sales and income!

 So let’s see this play out using The Multiplier Effect.  You hire a VA for $10/hour.  You spend just 1 short hour sending your VA emails, voice recordings or talking to them on the phone to delegate tasks that in turn create 8 more hours of productivity.  Now you have “created” 8 extra hours in the day!  And yes, these hours have a cost of $80.  But you also just freed up 8 hours of YOUR TIME (which is worth $100/hour), thus just making you $720 more valuable in a day!  (Your $800 minus the $80 you paid them).  Also, when you spend your extra time that you just created to grow your business, increase sales and new business… the original rate at which you monetized your time will obviously go up too. 

 As you can see, there is no limit with the monetary benefits, which is where The Multiplier Effect comes in. When you have mastered the skill of leveraging your time with virtual assistants, you can easily accelerate your earnings and the earnings can be multiplied without boundaries.

A 1 Administrative Support, LLC

Melbourne, FL


Twitter: virtualgurus

We provide a wide range of back-office operations, administrative support and virtual assistant services from secretarial, typing and clerical tasks, to social media marketing, SEO, PPC campaigns, translation/interpretation, mobile notary services, transcription, bookkeeping, graphic design, résumé writing, career coaching and more. If you can think of something to delegate – we can do it. We serve businesses and individuals worldwide, helping them to MODERNIZE, ORGANIZE, SIMPLFY©.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: