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Consulting Practice Tips: Delegate Weaknesses to Virtual Assistants
Written by: Larry FergusonArticle Overview: Do you know the business activities to focus on to build your consulting practice? Learn from my mistakes that cost me dearly when I was new, and where to put your time and effort for the maximum results. Part of the answer is doing what you do best, and finding the help you need for the rest.
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Consulting Practice Tips: Delegate Weaknesses to Virtual Assistants
One of the things that I noticed when I started off in my business was that I was doing everything. I was working 60, 70 hours a week. Then after six months, I sat down and looked at my cash flow and my income and I realized I was making a little over $300 per job. That was with a tremendous amount of time and effort expended.
I quickly realized this was a fast trip to burnout, and that if I was going to be successful, I needed to do two things:
- Build long-term relationships with clients so I didn't have to constantly be knocking on doors all the time.
- I needed to be smarter about how I operated my business.
When you're a person who is the sole proprietor or the sole employee in your corporation, everything happens because of how you decide to use your time.
A great technique to assess how well you operate is to do a time management chart. What did you do that helped to bring in new clients, income, revenue, or value to your clients? Was it opening the mail? Was it researching on the internet? Was it reading somebody's blog or was it speaking before a targeted audience of professionals at a trade association?
Was it putting time into your blog to send out a new article or some new information that had relevance based on a conversation with a client you just had two days ago? Think about how you use your time.
After looking at how you use your time ask yourself this question: What are the activities that I do well and what are the activities that I don't do well?
For example, I am more of an idea thinker, a big picture guy. When it comes to the detail stuff, it's not my forte. I have an administrative assistant who has been with me for seven years. She's fabulous when it comes to the details.
I'm involved in the front end, I handle questions, and trouble-shoot with clients and prospects. I'm there to make sure that she successfully gets to the goal line, but she does 90% of the project.
She's not an employee, but a contractor. She doesn't work in the same office I do she works out of a home office. We work virtually, she's a virtual assistant.
This is a great concept and very popular right now, especially for sole proprietors, independent professionals, and solo consultants like us.
There are people who specialize in certain areas to provide a service that can help you be more successful in your business.
I have a virtual assistant for a couple reasons:
- She's good at the things that I struggle with.
- It gives me time to really focus on leveraging my skills and my talent in areas where I'm most effective.
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About the Author: Larry Ferguson RSS for Larry's articles - Visit Larry's website I'd like to invite you to learn the 5 Secrets that Separate 6-Figure Consultants from Those Who Struggle to Pay the Bills. Get free instant access to the 60 minute audio program at http://startconsultingnow.com/sixfigures With over 17 years of in-the-trenches experience, Larry Ferguson now helps solo consultants model his thriving 6-figure business. Click here to visit Larry's website Fear of Marketing How to Prepare for Marketing Sales Without Feeling Like a Used Car Salesman Independent Consulting Tips 3 Steps to Clearly Defining Your Target Market Consulting Practice Tips Delegate Weaknesses to Virtual Assistants Small Business Marketing The Truth About Building a Referral Based Business Building a Consulting Practice How To Avoid The Cash Flow Roller Coaster Ride |
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