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Consulting Practice Tips: Delegate Weaknesses to Virtual Assistants

Written by: Larry Ferguson

Article 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:

  1. Build long-term relationships with clients so I didn't have to constantly be knocking on doors all the time.
  2. I needed to be smarter about how I operated my business.
This is really getting down to how you operate. How do you sustain yourself in a business when you are an independent consultant, or independent trainer?

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:

If you're running ragged trying to do everything in your own business, be smart with your time and expertise, hire a virtual assistant. You'll get back many hours a week so you can focus on the activities that only you can do to grow your business.

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Home > Small-Business-Consulting > Larry Ferguson > Consulting Practice Tips Delegate Weaknesses to Virtual Assistants
Article Tags: administrative assistant, amount of time, big picture, burnout, cash flow, doors, independent consultant, independent trainer, li li, long term relationships, mail, management chart, new article, relevance, seven years, six months, sole employee, sole proprietor, thinker, time management

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.

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Related Forum Posts
employees or 1099? employees or 1099? - In my line of work, we are trying to keep our costs down and stay as "virtual" as possible. I was wondering if anyone had some insight as to whether I should hire employees or contractors? My apologies, here is a description of the situation so you might actually be able to answer my question. Little Man Consulting has a policy to NOT meet with clients unless they are truly against the completely virtual environment. As my company has quadropled in size this year alone, I am finding it harder and harder to keep up with the work and still grow the business. There are other Virtual Assistants out there. Should I farm out the work, or bring in employees?
Re: How can I promote my site? Re: How can I promote my site? - [quote="Hulbert Lee":krqwp5om]You can promote your website through blog commenting, forum posting, article directories, software directories, and search engine optimization.[/quote:krqwp5om] In addition, I would also recommend running some contest if you have a blog. Keep it simple for a starter, offer good/fun prizes, and find a "community" of bloggers to spread this contest/news by of course asking them nicely and propose that it would benefit both of your sites. See how that works, and if you want to, you could also join some carnivals. We have tried this for the company that I work for (Pepper Virtual Assistants) and it's given us great exposure in the online business industry.
The Little Man Introduction The Little Man Introduction - Good Morning, This is John Hoover from Little Man Consulting. Our company has been floating along as a after thought for a few years. This year we decided to make a go of it. So far we are doing great. We are Virtual Administrators, Web Developers, Database Designers, and Software instructors. Basically, if you have someone in your office to do it, we can do it virtually. Our company was created to "Provide Big Business Resources to the Small Business". Wish me luck, I plan on revolutionizing the small business world with this!
Business Tips Business Tips - How about: Tips for managers to handle employees more effectively? Tips on how to deal with difficult customers? Tips on how to deal more effectively with suppliers? The only three I have in mind right now, but will try to come up with something else. Chris
LEADERS LEADERS - L- Loyal E- Eager to learn and serve A- Active D- Delegate E- Efficient R- Reliable S- Smart


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