Becoming a virtual assistant (VA) is easier than you think.
Becoming a virtual assistant is an attractive option for those who wish to work from home or abroad.While friends and family may balk at your decision to become a full-time virtual assistant, they may be unaware of the lucrative opportunities that are arising from the rapid adoption of remote computing technology.
In an office setting, a traditional administrative assistant would be available for the company utilize on demand. A virtual assistant provides the same services for an organization remotely. In fact, there may be some evidence that shows that a virtual assistant could potentially outperform an administrative assistant.
An administrative assistant could get distracted at the office while a remote virtual assistant can focus on the task at hand due to no outside interference. Organizations are wising up to the benefits of hiring a virtual assistant.
Aspiring VAs with a background in executive assistance stand to profit the most from the rapid uptick in businesses hiring virtual assistant services.How Much Money Can You Make as a Virtual Assistant?
The potential for earning revenues as a virtual assistant is unlimited. At first glance, you may think that you can only work a certain amount of hours for a specific agreed upon rate with your client. The fact is, the best virtual assistants have more employment offers than they can handle.
When you are first starting out, you may need to build up your portfolio with positive reviews to drum up business from clients willing to spend significant amounts of money per hour on your services. Once you begin landing those clients, some U.S. based VAs charge upwards of $50 to $100 per hour. Realistically, you could command $20-$40 an hour if you are an established virtual assistant within a particular niche.
In other parts of the world, the hourly rates are in-line with local rates.
The most successful virtual assistant businesses will subcontract work out to trusted entities and create processes that ensure quality control. Currently, the business of virtual assistance is still in the nascent stage.
Transparency Market Research recently published a report claiming that the global market for virtual assistance will be worth $7.9 billion dollars in the year 2024.
In 2015, the market was worth around $630 million dollars. The predicted spike in virtual assistant services will likely provide an enormous windfall to the businesses that capitalize on the growing global market. With this in mind, it could be a very good time to begin thinking about transitioning into your role as virtual assistant.
Finding Your First Gig as VA
It’s recommended that you take on a relatively easy first gig as a VA. You might be wondering, “How do I land my first client as a virtual assistant?”
For most aspiring virtual assistants, Upwork, Freelancer and TaskRabbit would be the first places to start looking for new customers.