How To Charge The Right Rate as a Virtual Assistant

Lisa Taliga Virtual Assistant

by Lisa Taliga

It’s that time of the year when I sit down with my accountant and see how much money I’ve earnt over the past 12 months. It’s been a profitable year – my most profitable yet. If I had known that I could be making this much money from the comfort of my own home, I would have started this business much, much sooner.

Why am I telling you this? Because looking at those figures, I have something very important to tell you. My business would not be anywhere near as profitable if I had not set my rates to the right level. Don’t get me wrong, I am not overcharging by any means. But what I AM doing is valuing my time and expertise. And that doesn’t come cheap!

When you’re starting out in your Virtual Assistant business it’s tempting to charge a low rate to bring in business. It’s easy to make the mistake of thinking that you won’t have many expenses and overheads because you’re working from home. Plus, you just want to get some clients, right?

Wrong.

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Increased Consulting Fees Through Self-Confidence

J. Stephen Pope
by J. Stephen Pope

Sometimes consultants and other service providers are hesitant to charge a fair rate for their services.

Maybe they feel that the services they provide are so basic that you really can’t justify charging much or anything for them.

Perhaps they feel that they don’t have the knowledge or experience that other consultants have.

Thus, they hesitate to charge fair rates because of a lack of self-confidence. This is natural (especially for new consultants). However, what you know and do has real value.

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What’s the True Cost of Outsourcing?

Outsource Weekly

So many new marketers are reluctant to outsource, because they don’t like spending the extra money. They think it would be a waste of cash to pay someone else to perform tasks they can do themselves. But that thinking is very flawed.

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Mystery Shopping for Fun and Profit

J. Stephen Pope
by J. Stephen Pope

How would you like to get paid to go shopping? That’s right! Get paid to shop for clothes, eat in restaurants, watch movies, play golf, travel, and so on.

You can have your cake and eat it too! Enjoy the best of both worlds. Make money and have fun at the same time as a mystery shopper.

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