Monthly Archives: April 2011

Are You Working in Ways that Support Your Commitment to Your Clients and Business?

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How you set things up in your business and the ways in which you work with clients have everything to do with how long you continue to enjoy and stay committed to the work you do and the clients you serve. Which is important, because your quality of work and service to clients is directly and immediately impacted by your joy and happiness in your work, and how easy or difficult you make it. Done without forethought, understanding and conciousness, you can easily set yourself–not to mention your business and clients–up for failure.

A stressed, burned-out service provider is no good to anyone, much less themselves or their business. That’s why it’s so important to visualize what your best business looks like and what policies, procedures and practices you need to establish and how they work in actual practice to support you in creating your dream business. So how have you set things up to support your joy and commitment to being in business?

1. Have the right tools and equipment. Obsolete tools and technology will slow you down and drive you crazy. You don’t need to keep up with the Joneses. Slavishly buying top-of-the-line for no other reason than for appearances sake is just immature silliness. But you DO need state-of-the-art because it is what will allow you to do your work as quickly and effectively as possible without unnecessary snafus. That doesn’t necessarily mean the most expensive, but you also don’t want to be penny-wise and pound-foolish by going the cheapest route. That’s as equally dumb and short-sighted. Do your homework and look for sturdiness and long-life. This is an investment in your joy and happiness and you don’t want to be constantly frustrated and slowed down by tools that just don’t work well. They’ll end up costing you–and your clients–far more in the long-run.

2. What exactly ARE you? Jack-of-all-trades (master of none) is not a profession or expertise. People do not value gophers, much less consider them experts in anything, which is why you’ll never make any real money trying to be and do anything and everything. The fastest path to burnout is keeping yourself on a hamster wheel of constantly scrambling for chump change. Make a clear and conscious decision about what you are in business to do and then only seek clients who need and value that expertise. You’ll be able to command higher fees and the work will be more specific, thus easier, to do.

3. Lead your own business. If you are a parent, are you going to let your kids choose the meals your family eats? They know what they like and you definitely take that into consideration, but heck, they’d eat snacks and sweets for every meal if you let them. As the head of your household, it’s up to you to decide what is best for the long-term health and habits of your family. Same thing in business. You are a business owner with an expertise, not a slave or indentured servant. And as a business owner and professional service provider, you simply can’t allow yourself to be sent running in all directions like a chicken with its head cut off. It’s not up to clients to decide when, where or how you work and you simply can’t be a slave to their every whim, wish or demand because that actually isn’t good for you or your business. If you want to stay in business and continue serving clients you care about, doing the work you love, YOU–not your clients–need to set the rules, policies and procedures that are best for you and the long-term health of your business. Because these are the things that allow you to do great work and give great service to all your clients consisistently, all the time and every time.

4. Say “no” to say “yes.” YOU get to say what you do and what you don’t do in your business. Having a clear definition/identity of what you are and what you do in business is important because it helps set expectations and align understandings with clients. You also want to operate your business and work with clients in ways that give you plenty of “space” around the work and don’t require you to work at a frantic, unsustainable pace. Say “no” to requests that don’t fall under your category of expertise. Say “no” to work that requires you to work on-demand and check-in daily with clients as if you were their assistant (you’re not!). Say “no” to unrealistic demands and turn-around times. Saying “no” to these things allows you to say “yes” to more fufilling, valuable and profitable work and clients and gives you more space to do fantabulous–not merely sufficient–work.

5. Choose a target market and define your ideal (and unideal) client. Not everyone needs what you are in business to do. Nor does what you do make sense for every kind of business. You will drive yourself nuts and keep yourself in the poorhouse if you keep trying to fit square pegs into round holes. You need your thinking cap, not wishful thinking, for this. Figure out who really has the most need (and, thus, will value it most highly) for what you are in business to do and then focus your efforts on that market. It’s going to make all your marketing infinitely easier and “easy” in this respect is insurance against frustration and giving up.

Likewise, get clear about who is and who isn’t an ideal client for you. Ill-fitting clients take up double, even triple, the space in your practice and require an even greater amount of energy and hand-holding. If you have clients you don’t enjoy working with, you will dread contact with them, procrastinate on their work and avoid them like the plague, sometimes without even realizing it’s happening. There is absolutely no good that comes from working with anyone you simply don’t like and enjoy. Avoid taking them on as clients and graciously let them go the minute you realize there isn’t a fit.

These two steps are what will allow you to make more money, working with fewer clients, and go a long way toward keeping you happy, joyful and committed in your work and business.

6. Don’t try to be an island. One of the biggest misconceptions I see in business is this idea that a solopreneur is someone who works completely alone and does everything themself. Nothing could be further from the truth. EVERYONE needs the help of others to be successful–in life and business. Being a solopreneur simply means that you are the craftsperson, the artisan, the expert that clients hire and expect to work with. But that doesn’t mean you don’t need your own support. Hire a bookkeeper to take care of your financial recordkeeping. Find a business attorney you can turn to when you have legal questions and need advice. Partner with an Administrative Consultant to take on some or all of your administrative tasks, functions and roles so you can focus on working with your clients doing whatever it is you do. Join professional organizations and participate in industry forums so you can cultivate relationships with colleagues and others and have a network you can turn to for ideas, advice and additional help when you need it.

No one has perfect vision and we all make missteps along the way. But every day you are given a new opportunity to do things over–to improve and make them better–for you and your clients.

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Video: Billing by the Hour Is Killing Your Business and Here’s Why

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Take a look at this quick, 3-minute video. It explains exactly why billing by the hour is keeping you broke.

Let me know what you think. Are you having any “aha!” moments? I’d love to hear your thoughts and questions so please do comment or email me privately. :)

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Dear Gritty VA: Is It Possible to Start this Business Part Time?

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Dear Gritty VA:

Is it possible to start a business like this nights and weekends if you are totally self-supporting and work Monday through Friday, 9-5? Thanks for your advice! –JN

Well, anything is possible. It’s just that there are some practical things as well as some caveats to consider.

First, you want to get clear about your goals and intentions for having a business. Are you looking to create a real business, one that will earn well, take care of you and your family, and support your dreams, goals and lifestyle? Or are you just looking to earn a little bit of a side income while you continue to work as an employee?

Either way is perfectly fine, but the former will require some real work, effort, education and commitment while the other is more of a hobby. Understand that running a real business and freelancing on the side are two completely different things.

And, of course, my advice is always focused on those who are looking to create real businesses. So when that’s the case, the other thing to consider is the client. How much of a commitment do you have to offer clients if you are working part-time? How much time and energy will you have left over for them during the evenings and weekends after you’ve already put in a full work day and week? How long do you think you can sustain that pace? What will you have left over for yourself and your family, friends and other interests? How might the lack of time for self-care impact the quality of your support and ability to grow your business successfully?

I’m not saying it’s impossible. But peoples’ stuff is important to them. And it can be really, REALLY difficult, not to mention overly stressful and exhausting, to provide a professional level of service and care to clients if you are still working a full-time, or even part-time, job. It really depends on how badly you really want this and how smart you go about it.

So here’s what I recommend…

1. While you are still working, set up the foundation of your business. That means, a) getting clear about what you intend to be in business to do and b) who you intend to work with (your target market and ideal client), c) start establishing your policies and procedures and d) getting your contracts and other forms together. All of this will be honed and adjusted over time, but you’ve got to at least get the start first.

2. Start working on your website. The more professional the better. Your business website is THE most important marketing piece in your business so don’t be penny wise and pounds foolish. Clients equate the professionalism of your site with the level of your skill and competence. If you aren’t the right person to design your professional site, hire a professional to do it.

3. Simultaneously, begin working out your job exit plan. This endeavor will affect your whole family so make sure you discuss the decision/goal with your spouse or partner and have their buy-in. There is nothing more difficult than starting a business when you have to also battle a resentful, unsupportive family.

Imagine your life while supporting a full roster of clients and how you will establish boundaries for clients, family and even yourself. The goal is to help everyone understand when it’s business time and when it’s family time. And for yourself, the goal is to honor your standards and boundaries–because we have equal culpability when we resent others by allowing them to step over those things in the first place. So those are going to be really important.

At some point, once you have your foundations in place, there will come a time when you simply have to make the leap and decide to commit to the business. But you never want to start broke. Magical thinking doesn’t pay the bills. So you want to figure out now how you will finance the business until it becomes self-sustaining and profitable. Do you have another income in the household you can live on while the business gets established? Do you have savings (or perhaps a severance) you can use to finance the business? Where else can you get capital for the business?

You want to understand that generally it takes any business about 5 years to get there and most fail in the first three years. This is probably the biggest mistake new business owners make. They don’t calculate what they need to earn and they don’t realize that they MUST not only earn a living, but actually a PROFIT, in order for the business to survive. I can’t stress this enough.

You want to go in with no illusions that you’re going to become an overnight millionaire sensation. Hey, I won’t say that’s impossible, but it’s not likely. It simply takes time. Go into it with your eyes wide open about that fact and you’ll be far better prepared for your success.

The good news is that the need for what we do as administrative experts has no shelf life. EVERY single business requires administrative so there will always be a need for what we do. And it’s one of the most inexpensive kinds of service businesses to operate because the overhead is so low.

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Video Testimonial from Annette Pedersen

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I was so thrilled to receive a video testimonial from Annette Pedersen. I had put a video challenge out to my members on Facebook and Annette stepped right up to the plate.  I can’t thank you enough, Annette, for your heartfelt words. This really means a lot to me, and I am so happy to have played a part in helping your business be the best it can be. xoxo

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Dear Gritty VA: Should I Pay for Advertising?

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Sometimes great questions come to my attention via Google Alerts, which was the case recently. A new Virtual Assistant asked:

“I am just starting out and doing lots of research. I was wondering if anyone has tried using classified and Yellow Pages for advertising. Also, if anyone could let me know other forms of low budget advertising, I would greatly appreciate it.”

Here’s what you have to understand about such advertising:  the amount of money you’d have to spend in order to make those forms of marketing pay off for you in terms of real clients (we call that “ROI–return on investment”), you would have to spend the kind of money–repeatedly and for a great length of time–that most new business owners simply don’t have. And even then, the ROI/conversion rate on that kind of advertising is generally as low as 1%.

That’s not a very good return for the money and effort expended. AND it won’t necessarily bring in specific clients you want to work with.

The good news is that there are alternatives to marketing professional services that actually work FAR better than classifieds and cost very, very little beyond your time and education. It’s called relationship marketing and it’s really very simple:

1. Get really clear about what you are in business to do.

2. Determine a target market. This would be a niche within a profession/industry/field that would have the most need and want for what you are in business to do.

3. Profile your ideal client.

4. Once you know very clearly what you do and who your intended audience is, you can gear your message specifically for that market on your website so that it attracts and draw to you exactly the clients you seek to work with.

5. Knowing who your intended audience is also helps you figure out where to reach out and connect with those likely prospects, both online and off. Once you find those avenues, you begin interacting. Speaking up and participating is what helps people get to know, like and trust you. You’ll begin to build relationships this way, people will send referrals your way and all the while you are creating rapport and establishing trust and credibility, which leads to more prospects contacting you.

Of course, this is where work and effort is involved. And while the steps are simple, getting them done does take some help. I’ve created a step-by-step guide to help folks accomplish this much faster and easier called Articulating Your Value: How to Craft Your Own Unique & Compelling Marketing Message. It’s helped a lot of people make huge hurdles in their business so check it out. :)

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