Category: Business Development

Why are you in business?

Businesswoman contemplating purpose and success - eSOS

I posted a quote to social media which caused a bit of a stir: “If you take a lot of time to ask, ‘how will this pay off’, you’re probably asking the wrong question. When you are trusted because you care, it’s quite likely the revenue will take care of itself.” – Seth Godin The stir…Read more

20 Things Learned: Accept Change

Embrace change and find growth in your business - Execstress

Lesson 17: Things change – accept it. Be aware things change and accept it. As Greek philosopher Heraclitus said: “The only constant in life is change”. The economy changes. Laws around doing business change. Clients change their mind. Your circumstances or those of your clients change. Perceptions around getting work done change. New technology emerges. Competition comes…Read more

20 Things Learned: This is a Service Industry

Providing excellent service in the virtual assistant industry - eSOS

Lesson 16: Remember you are in a service industry. Remember you are providing a service – by which I mean we are in technically a ‘service industry’. After all our primary goal is to solve problems for clients. So you cannot help the client who calls you? Send them to someone who can – let them know…Read more

20 Things Learned: Being Authentic

Embrace authenticity, show genuine self-expression - Execstress

Lesson 13: Be Authentic! What does being authentic mean? Well simply, don’t try to be something you are not. Don’t let people think you are in an office in the city for example if you are working from your lounge room with four kids under 5. If potential clients cannot trust you to be authentic,…Read more

20 Things Learned: Set Boundaries Early

Setting boundaries, creating balance and self-care - Execstress

Lesson 12: Learn to set boundaries and say no! It is really important that you set boundaries with clients and that you realise it is okay to say no. If you don’t, sometimes clients can take advantage of you and your time. It’s important that clients understand from the outset that your time is valuable…Read more

20 Things Learned: Research Your Trainer

Trainer research: finding the best fit, evaluating suitability, making informed decisions, and maximising training investment

Lesson 8: Research your trainer! If you are the sort of person who likes training – and training is good – especially ongoing professional development – make sure you research your trainer! There are so many trainers out there now promising they can show you how you can make $10,000 in your first month or be a…Read more

20 Things Learned: Be Flexible!

Business adaptability and flexibility: key lessons for thriving in a dynamic market - Execstress

Lesson 6: Whilst a niche is good… be flexible! This is especially important when you are starting out because all work is good work. The most important thing you can have is a satisfied client – even if that client is another VA. You’re after testimonials. Testimonials are one of the best tools you have…Read more

20 Things Learned: Find Your Niche

Find your niche in the market and gain a competitive edge. Unlock success by identifying your unique market positioning

Lesson 5: Don’t try and be all things to all people. Find your niche! You know the old saying: If you’re a jack of all trades you’re a master of none. It’s okay to be a generalist but try to find your niche. This makes you one IN a million instead of one OF a…Read more

Employee or VA?

Image alt text: Visual representation comparing an employee and a virtual assistant, aiding the decision-making process. ExecStress.com provides insights

Just a reminder: If you are setting your assistant’s rate or dictating their hours and manner of work completion, they aren’t a VA – they’re a teleworker or home-based employee. One defining feature of a VA is that they are SELF-EMPLOYED. That means – among other things – they: They are, for all intents and…Read more

The Cost of Staff

Image alt text: Visual representation of staffing costs and optimization strategies. Unlock insights at ExecStress.com

Have you ever thought what it actually costs you to have onsite staff? In addition to their hourly rate you’ve got expenses like payroll tax, superannuation, workcover premium, holiday and sick leave, paid maternity/paternity leave, and the costs of office space, equipment (including wear and tear and upgrades), power, lighting and telephone. Then if your…Read more