| By
Jackie Eastwick, IVAA CVA
The last article included
different ways of learning to become a virtual
assistant. We covered the "self-taught"
method, the formal training method (AssistU), and the
personal coaching route. In that article, I included an
interview with Shane Bowlin, owner of AskShane.com.
Shane attended AssistU while being employed at the same
time. Talk about a professional juggler.
Folks, we are lucky again
that another successful virtual assistant agreed to an
interview. Lorrie Morgan-Ferrero, Word
Sorcerer Business Communications, will help
you understand the difficulties with working for someone
else while launching your practice. She will provide
valuable insight into what it's like to work full-time,
market your practice, do client work, and take care of
your family – all at the same time.
Lorrie has her journalism
degree and is an experienced and accomplished writer. If
you visit her site, you will see she writes effective
marketing/advertising copy, including Web site content.
She designs Web sites as well as provides other business
communications and virtual services. Lorrie is another
one of the industry "pioneers" (as one of my
colleagues recently described some of the earlier VAs)
and has successfully made the transition from full time
employee to full time VA.
Who needs sleep?
Until January of 2000, my
accomplished colleague, Lorrie Morgan-Ferrero,
apparently didn't. If you decide to launch a practice
while being employed full time outside the home, be
prepared for quite a journey – especially if you have
a family.
By now most of you know
that I left my job to have a baby. Nearly a year later,
I decided to open a business support service. I did not
work outside the home. All I had was the family to
contend with while launching my practice. I don't know
how people like Lorrie and Shane did this while working
full time. This is not meant to discourage you, but do
not expect this to be an easy time in your life.
When you decide to become
a virtual assistant, the clients don't just flow like
the water from your faucet. You have to find them. You
have to diligently market your practice. Sometimes we're
lucky enough to have that first client in the pipeline
– maybe a friend or employer. And then sometimes we're
even luckier yet and word-of-mouth spreads really
quickly. But most of us are not that lucky.
Marketing alone takes a
large chunk of time. In addition to Lorrie's 40-hour
employment week, she spent an additional 8-10 hours a
week marketing her fledgling practice. On top of that,
once she had clients, she had to spend additional time
working in her VA business. She was looking at initially
15 hours a week in addition to her 40 hour a week
job. Factor in the family, the housework, shopping,
personal care...how many hours does that leave for
leisure activities?
When you're working
outside the home, you need to determine approximately
how much time you truly can dedicate to your baby
business. You can't leave out marketing or you won't
have a business. For the first six months of Lorrie's
business, she only had about 15 hours a month billable
time. That's not a whole lot of payoff – at least not
yet. But that extra 15 hours a month in addition
to her regular job and responsibilities adds quite a bit
of stress to an already fragile and hectic schedule.
I asked Lorrie what was
the single hardest thing about working full time and
launching her successful VA business:
Quite frankly the
hardest part of getting my business off the ground
wasn't my lack of conviction, but my husband's. He's
always been very supportive of absolutely everything
I've ever done but this. He was very nervous we
wouldn't make ends meet, but I dug my heels in,
insisting this is what I want and it WILL work. It
took longer than I'd hoped, but once he saw I was
serious, he backed off and let me work at it without
challenging me. Thank goodness because I've never been
happier...and neither has he. You know what they say
about a good husband makes a good wife (and vice
versa).
Lorrie encapsulates in
the above quote what I've said in the past: you must
have the support of your spouse or significant other. It
is hard enough working all day (or night) and then
coming home and working on your business. The last thing
you need is to have to listen to someone who lives with
you gripe at you and make you feel pressured about time.
Lorrie had the support of her husband (and emotional
support is every bit as important as financial support).
Had I not had the support of my husband, my business
would be dead. Having had him help me with the office
layout, wiring (phones, cable, and electric), partition
and shelving installation, was not only a physical,
tangible "help," but also a display of being
emotionally supportive. He was on my side.
Congratulations:
You've been laid off!
Something really good
happened to Lorrie. She got laid off. When I asked her
what the circumstances were that led her to leave her
day job, Lorrie replied, "I was laid off. At first
I was very unhappy about it, but then I realized the
bigger picture. I had been laying the foundation of my
own business for months. I guess the universe gave me
the kick in the pants I needed to HAVE to make it on my
own." I believe corporate downsizing and layoffs
has been one of the primary motivating factors in
leading one down the path to a virtual assistance
career.
Lorrie did not have
enough VA income after the layoff to keep the lifestyle
to which she and her family were accustomed.
"Luckily my husband was still working so we made
ends meet, and oddly enough, because there were many
expenses I no longer had like gas, work clothes,
after-school care, going out to lunch, etc., our
expenses were actually much less." After the
layoff, Lorrie worked about 40 hours a week marketing
her business, but "didn't have a steady client for
two months. Then I made $300 a month for about six
months." Now you see why dedication and motivation
are right up there with skill as primary ingredients for
success.
When asked if there were
any benefits other than monetary to working outside the
home while starting a business, Lorrie explained:
Well it's not a
trade off, but sometimes it was nice to put on a
business suit and wear make-up and go to business
lunches. I have to admit there's something about
physically interacting with other colleagues that
brings my business sense up a notch. I actually still
get to do this once every month or so because one of
my clients is local and I have to attend workshops and
meetings occasionally as her project manager. It's
nice not to have to do it everyday though, no doubt
about it.
The above point is
probably better left to a future article, but I wanted
to include it here also. You do give up something
when you are self-employed. I would venture to say
nearly all virtual assistants at one point look in the
mirror and say, "I have to get out of my pajamas
today."
As a final question, I
asked Lorrie if she had anything else she wanted to say
to admins wanting to start a VA business while they were
employed full time:
I have to say that I
never would have made it as a successful VA without
the help, advice and support of the IVAA listserv.
Whenever I had technical questions or just needed
encouragement, someone was ALWAYS there.
The above is a very
important point. You need to find a network of
colleagues. These folks become your coworkers. They
become your advisors, friends, mentors, and they offer
emotional and technical assistance on an as-needed
basis! I've never had a better bunch of coworkers than
my online colleagues.
My two
cents
It's a bumpy road to have
to work full time and launch a VA practice. I don't know
if it's because I'm getting older, but I could not work
all day and come home and work in my business. But VAs
are doing it everyday. I know several VAs who are
successfully making the transition. The problems are
abundant though. You need to make an awful lot of money
to be able to pay your own health insurance, retirement
benefits, vacations, self-employment taxes...I would not
ever recommend that you quit your job to become a
virtual assistant. The odds are stacked against you –
way against you.
If you are a single woman
with a family, the odds are even worse. You will need to
keep you day job – but it is still possible for you to
be a self-employed virtual assistant. As I previously
said, I know several colleagues who are successfully
making this transition. It's just taking them longer.
If you have a spouse with
adequate income and benefits, you may be able to make
the transition sooner. The important thing to remember
is that there are only so many hours in a day and you
need to know you have the emotional support of your
spouse.
I also want to briefly
touch upon a few of the more common problems associated
with not being in your office in the daytime. Who will
answer your phones? Can you afford a business line with
voice mail? Are you able to check your voice mail from
your office? How about your email (people can and do get
fired for using work email for personal/non-employment
related reasons)?
The next article is going
to be a follow-up to this one. I will present how some
VAs are currently running their businesses while still
working outside the home. These VAs have not yet made
the transition to full-time, self-employed status (as
Lorrie and Shane have). These interviews will help you
more to learn how to deal with the practicalities and
logistics of being a full-time employee/part time VA.
©2002. All rights
reserved. No portions of this article may be reproduced
without written permission from author. Previous
installments from Jackie Include:
"Learning
the Profession"
"Introducing
the Virtual Assistant"
"So
You Want to be a Virtual Assistant, Creating a
"Real" Business"
In
1998, Jackie left her job while pregnant with her
daughter (Allison Lane Eastwick). Since she did not
return to the workforce, Jackie could devote the
countless hours necessary to starting up a successful
business support service. You may view more about
Allison Lane Business Solutions at: http://www.allisonlane.com,
http://www.professionalvirtualassistant.com
or send an e-mail to Jackie@allisonlane.com
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