Answer:
It's got to be tough working full-time while trying to start a business. On the other hand, that gives you an income you can count on while you work on building your business.

Since you have such a busy schedule, it's important to make an appointment with yourself to make time to work on your business, write blog posts and market. Then keep your appointment as though you were meeting with a new client!

Here are some suggestions from the Action Guide, Building Blocks: Succeed as a Chief Virtual Officer:

• Write a "how-to" article or a "ten tips" article
• Answer questions you get from prospects and clients as a blog post (much like this one)
• Invite prospects to write guest blog posts.
• Write about a client's success
• Post a list of relevant links with a short comment on why you found each valuable
• Share a recent experience you had

It's very helpful as part of your marketing strategy to also visit other blogs and post comments there that will link back to your own blog.

More tips on blogging and marketing can be found in the Action Guide, Building Blocks: Succeed as a Chief Virtual Officer.

What topics do you write about on your blog?

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?

Question:
I ran a VA business from 2007-2009. As much as I loved it, I found that I was having to spend a large percentage of my time marketing my business. I would like to start up again, but what alternatives should I consider besides doing my own marketing?

Answer:
To give the best answer, I first asked some additional questions.

• What percentage of time did you use to market your business?
• What marketing strategies did you use?
• Would you be open to having someone else do your marketing and if so, how would you envision that?

The virtual assistant stated she spent at least 50% of her time marketing her business. Now that may seem like a lot. However, I did a bit of research and found several entrepreneurs who encourage spending at least 60% of your time marketing. I do know that if I'm working 20 hours a week for clients, I'm spending an additional 10 hours or so marketing my business. So the amount of time seems right.

What we sometimes forget is that we are entrepreneurs and business owners. That means usually we are the one person doing it all: sales, marketing, client work, administrative work. And that takes time. If we don't want to spend the time doing the marketing, we have two choices:

1. Hire someone as our marketing person
2. Find a J.O.B. - because a business owner must market their services and products in order to succeed

Some marketing strategies that are very effective are in-person events such as SBA events, BNI meetings, professional associations. Then there's online marketing: a blog, social networking sites, ezines, press releases. Yes, these all take time. That's why it's important to put together a simple marketing plan and calendar and schedule these events and actions. Our Action Guide has a sample marketing plan and calendar with details on how to put them into action.  Having a plan helps you make sure you're using strategies that are most effective and less-time consuming than just haphazardly posting something on a social network every day.

Joining local small business groups and attending monthly mixers are effective marketing strategies. Get to know the people, what their needs are, how you can refer them to others. It's important to build relationships with these people before you ever try to "sell" them your services. There's a whole section in our book, The Commonsense Virtual Assistant - Becoming an Entrepreneur, Not an Employee, that has lots of great information on marketing. You can purchase a copy on the website.

The Commonsense Virtual Assistant

I believe doing your own marketing is most effective. However, hiring someone to market your services for you is also a viable option. After all, isn't that what many of our clients hire us to do for them? You can hire someone to help promote your services - online, via mailings, follow-up phone calls, and even by attending in-person events.

Another great marketing strategy is article writing. It establishes you as an expert and always links back to your website. Check out my articles at Ezine Articles.

You can read more about proactive marketing at another blog post of mine.

I'd love to hear your comments!

Answer:
Some virtual assistants start their business working with clients they know and have had long-standing relationships with. Or they have developed trust with their existing clients and the issues of confidentiality and nondisclosure were just taken for granted. So what happens when a client, perhaps a large company that doesn know you, wants to hire you and wants a confidentiality agreement or NDA signed?

My first piece of advice is to add a standard confidentiality clause to your contract for any new clients. For existing clients, you may want to add an addendum to your contract. A confidentiality clause can be beneficial to both parties.

The confidentiality agreement does not need to be long and complicated. I use a simple two-page contract with a standard confidentiality clause included. You can review it below.

The confidentiality agreement, included in your contract, should address:

• the definition of what is considered confidential
• the time period covered
• be in line with State law

Some clients may want a more detailed non-disclosure. An example of one is below for your review. This may be appropriate if you are dealing with a Client's proprietary software for example.

When preparing your contract and confidentiality clause, keep the needs of this specific client in mind. Be willing to adapt the clause for your individual client.

Standard Contract Clause: Confidentiality
During the term of this Agreement, Contractor shall act exclusively in the best interest of Client. Contractor acknowledges that it may have access to information which is non-public, confidential and proprietary in nature. Such confidential information may include, but is not limited to, trade secrets, business plans, copyrights, logos, trademarks, financial and operational information and membership lists. Contractor expressly agrees not to use or disclose such information in any manner or for any purpose at any time during or after the effective term of this Agreement, except as required by law or as required during the course of Contractor’s work for Client, unless authorized in writing by Client. Upon expiration or termination of this Agreement, Contractor shall return any such information to Client. Likewise, the Client agrees that it will not convey any Confidential information obtained about the Contractor to another party.

More detailed non-disclosure:
During the course of negotiations, training and consulting, The Contractor shall become aware of certain methods, practices and procedures with which Client conducts its business, including but not limited to: Tradeshow processes, blog and web content generation processes, sales and marketing processes, all of which Client and Contractor agree are proprietary information and as such are trade secrets.

Contractor will not at any time, either during negotiations or thereafter divulge, furnish, or make available, either directly or indirectly, to any person, firm, corporation or other entity any proprietary information used by Client. Contractor agrees that all such matters and information shall be kept strictly and absolutely confidential.

Contractor, upon the cessation of negotiations, irrespective of the time, manner or reason of termination, will immediately surrender and deliver to Client all lists, books, records, memoranda and data of every kind relating to all proprietary information and all property belonging to Client.

Contractor acknowledges that a breach of any of the provisions of this Agreement may result in continuing and irreparable damages to Client for which there may be no adequate remedy at law and that Client in addition to all other relief available to Client shall be entitled to the issuance of an injunction restraining Consultant from committing or continuing any breach of this Agreement.

What have you found most helpful to your client's in preparing a confidentiality agreement?

Are you writing at your blog regularly?

It may be time to hire a Blog Content Manager and Promoter.  Whether your goal is to attract new clients or increase traffic to your blog, a Blog Content Manager can assist. Maybe you're an author and want to build an audience for book sales; perhaps you want to generate more traffic and increase ad sales. Whatever your goal is, a Blog Content Manager can help make sure your blog is regularly updated and promoted on social media networks.

Here's what one client has to say:

Sue has been managing my blog content for over a year and her services have added tremendous value to my business. I’ve worked with a lot of contractors over the years, and Sue is one of the best. I greatly appreciate that I can count on her to deliver on her promises, and she always meets deadlines. Sue’s efforts have also given me more time to focus on growing my business, and the consistent addition of content has helped drive a tremendous amount of traffic to my site (http://BusinessInfoGuide.com). I would not hesitate to recommend Sue for blog content management and promotion. She is a true professional who will make your life a lot easier and help bring traffic to your website. - Stephanie Chandler, Business Info Guide

One of the virtual assistants we've connected with is Laura Putnam of  You're the Best. It was very gratifying to receive this Facebook message from Laura a few days ago.

I want you to both know how much I appreciate all of the opportunities I had learning from you both when I started my business two years ago. I recently got involved in a collaborative business arrangement. The first week I heard two words that sent a red flag up, micromanage and nitpick from this person. As the relationship progressed I began to feel as though I was an employee...your words, you are a business owner, not an employee flew through my mind as he was criticizing me on the phone as though I was a member of his staff yesterday. Today I spoke up and terminated the collaboration, and feel awesome. You guys are the best, thank you...

If you'd like to learn more about how to run your business and not be micromanaged, read the Kindle version of The Commonsense Virtual Assistant - Becoming an Entrepreneur, Not an Employee. Then tell us about your success!

Hi Sue & Joel,

Just wanted to let you know how appreciative I am for the encouragement you gave me last year when you were in Vancouver and the few months after when I was so unsure.

I have just landed my first "big" contract.  It is for a business coaching firm in San Jose.  We got together because of a LinkedIn VA discussion.  They were asking if it was possible for their meetings to be transcribed live.  All of the VAs that answered said, no, you had to record it first.  They said their meetings could not be recorded.  Then I came on and said it could be transcribed live.  I did a test run for them to show how it could work and we are now working together several times a week.

I never would have had the courage to go to these forums let alone say I could do it if it was not for the encouragement you had given to me.

Again, thanks, and enjoy your nomad life.

Kathy Andrews

Kathy told us the company was looking for 80% accuracy and she got 90% so they were very impressed! And as Joel told her, "Real-time transcription has to be nearly unique. In cases where there's a need, you probably have NO competition!"

We're glad to have been a part of helping Kathy succeed as a transcriptionist. Visit Kathy's website at http://andrewsvirtualtranscripts.com/

Or you may have heard the other extreme. Just learn one thing really well and offer that service only. Never do anything outside of that narrow service.

Let's take another look at how you can have a balanced view of your virtual assistant business.

Yes, you want to provide service to a narrow niche. Why? Two reasons come to mind:

1.  It is much easier to market your business to a specific niche. ("I provide administrative services to solopreneurs" versus "I help authors market their books by creating and implementing a marketing plan using social media")

2. Prospects are more likely to find you and become clients. (An author looking for help in implementing a social media marketing plan will find you and know you are the virtual assistant they need.)

That doesn't mean you'll never do other types of services for other type of business owners. But it will make your marketing job easier.

What niche do you serve?

Professor Smedley also hosts a weekly radio show about business, entrepreneurship, online businesses, and educating people about how to create and operate their own home-based virtual businesses. Joel and I will be her guests on March 14, 2011.

To learn more about virtual entrepreneurship, visit Professor Smedley's page on Facebook.

We want to hear from you. What questions do you have about virtual entrepreneurship? Are you a successful virtual entrepreneur? Ask you questions and tell us your success stories!