Archive for the ‘Financial Success’ Category

Dear Danielle: Should an Administrative Consultant Have One Specialty?

Dear Danielle: Should an Administrative Consultant Have One Specialty?

Dear Danielle:

In your opinion should an Administrative Consultant have one specific specialty, or should you specialize across a few specialties to maximize profitability. My idea is to focus on providing admin services to local small bankruptcy law firms, who may not have a paralegal on staff, as I have extensive work experience as a paralegal. Any insight on this would be most appreciated. Thank you an advance for your help. —TR

Thanks for the question… because it’s something I see a lot of people confused about in the administrative support industry at large.

In an Administrative Consulting business, you already have a specialization: administrative support.

What you’re in business to do is already your specialization.

What I see a lot of people not understanding is that administrative support is a specialization in and of itself.

They confuse being an administrative assistant when they were an employee (who very often had everything-and-the-kitchen dumped on them without any say-so or proper additional compensation) with administrative support as a business.

One is a role of employment while the other is a specific expertise. They are not one and the same thing.

And what you don’t want to do under any circumstances is run your business and work with clients as if you were their employee.

First of all, it’s illegal. Second, because it’s unprofitable and unsustainable.

When we talk about specialization in the Administrative Consulting business, we’re talking about having a target market, which is simply a field/industry/profession you cater your administrative support to.

You provide a good example: Bankruptcy attorneys is a target market.

Generally speaking, attorneys is a target market and the practice area of bankruptcy attorneys specifically would be called your “niche” or “specialization.”

My target market is attorneys as well, but specifically intellectual property/entertainment law attorneys.

See what I mean?

The reason this is the useful thing to focus on is because (in the case of our example of attorneys), one practice area can do such drastically different work from another practice area, that the administrative support would be completely different as well.

The marketing message you would need to come up with if you worked with estate law attorneys would be very different from the one you’d create if you were speaking to criminal law attorneys.

I have a number of blog posts that elaborate on this topic. Dig around in the Target Market category and I think you’ll find some that hit this right on the nose for you.

As far as profitability goes, I would need a bit more information about what you are worried about. I think it does, however, pinpoint a fear that a lot of people new to business in our industry have.

They think if they focus on a target market they’ll miss out on opportunities. In fact, focusing on a target market makes marketing your business and getting clients vastly easier.

That’s because instead of being a meandering generality, they become a meaningful (and more compelling and attractive) specific.

The market expects to pay those with a specific expertise (like that of administrative support) much more than those they perceive as merely gophers and jacks-of-all-trades (e.g., the person who will do anything just to make a buck, from whose website it isn’t clear what exactly they do, whose marketing message is all over the map).

Plus, there is so much constant mental switching of gears when you try to be this, that and the other. That in itself is unprofitable (Been there, done that.)

So I would tell you: focus your business on the one thing. You’ll be perceived as someone with a specific expertise (in our case, the expertise of administrative support), your business will be easier to run and the work easier to do (which makes it more profitable), you’ll get clients much more easily, and you’ll be able to command higher fees that allow you to make more money working with fewer clients.

Something for Nothing

This kind of thing makes me cringe…

I popped into LinkedIn today and immediately came across a colleague’s post where she was sharing some client praise. Her client wrote:

“I’ve had 10 times more response from your social media design than I have from the one a graphic designer did for me and charged me 3 x the price.”

From the apparent value this client got, this colleague should have charged 3 x what she did. 😉

This is what I mean about people using our industry as cheap substitutes.

It’s so insulting for clients to rave about how little they paid, particularly when they know good and well what properly professional fees cost.

What this client said was the equivalent of shouting to everyone:

Hey, everybody, we’ve got a sucker over here! She practically gave away something that’s making me money and growing my business that I would have paid anyone else 3 times more for.

I have no doubt this colleague will eventually realize the value of her talents and start charging a more commensurate rate for the value that clients receive from her work… particularly if she keeps hearing “praise” like this.

With devaluing clients like that, who needs to earn a living from their work? 😉

Are You Feeling the Squeeze?

Are You Feeling the Squeeze?

A question people commonly ask in our business is “What hours do I need to be available for clients?”

They ask this question because they’re still thinking in assistant-mindset.

Here’s the thing:

You’re in business to provide a service. You have (or will have) several clients to take care of.

You simply cannot be instantly available to each and every client at the drop of a hat.

In fact, trying to do so will negatively affect your quality of work and client satisfaction.

You therefore need to understand that in business, when and how you and your clients work together is necessarily going to be very different from when you were an employee filling a position working for one employer.

This is the reason that “full-time” and “part-time” and what time zones you and your clients are in are completely irrelevant.

Instead of hours, what you need is a plan — a system — for managing your workload and requests.

This frees you from being chained to your desk 9-5 and having to be an “instant assistant.”

A system gives you the structure you need to handle everything in a timely manner without being rushed and squeezed and stressed.

It also gives clients a framework they can depend on without forcing you to be at their constant beck-and-call — which, by the way, is a business-killer because as your business grows into a viable income you can live on, that is not a promise you can sustain.

You NEED space to do great work for clients.

In the early years of my practice, I went through all these same growing pains.

I ended up with clients who thought I was their assistant (because, stupidly, that’s what I called myself back then).

Eventually, I had over 10 monthly retainer-paying clients — and I thought I was going to lose my mind.

That’s because those clients expected me to be at their immediate beck-and-call, just like an assistant.

I tried, heroically, to live up to those expectations, right up until the day that I realized how utterly miserable I was and what a mess my business had become.

Instead of doing good work, work that made a difference in my clients’ businesses, I was spending all my time in communications and jumping from fire to fire.

I didn’t have a business I loved, I didn’t have a business that supported my life. I had a business and clients who ran me.

That was not what I had envisioned for myself whatsoever.

That’s when it dawned on me that where I had failed was in not being in charge of my own business; by letting clients decide how things would work in my business (instead of the other way around).

I had let them make the rules by abdicating that authority in my own business.

I had not set any policies, practices or protocols in my business with any intention or forethought whatsoever.

I was under the misinformed delusion that that was what customer service was all about: jumping to attention the instant the client commanded.

I thought all I needed to do was give great service, which at that time to me meant: rush to respond quickly to everyone and get work done as fast as possible.

Oh, what a silly, naive girl I was!

Thank goodness I realized what utter nonsense that thinking was and came to my senses relatively quickly after “only” a few years of suffering.

Good service is so much more than that and involves a much bigger picture.

Many, MANY hard lessons were learned during that unhappy period.

Thankfully, my business survived (most are not so lucky), but not without shaking things up and completely overhauling how things work in it.

I had to get conscious and intentional about what I wanted from my business, how I wanted to work, who I wanted to work with, and what my values were around my work and serving clients (also known as standards).

This helped me then begin to set simple, but clear policies, procedures and protocols for operating my business and working with clients that supported those standards.

It was only then that I was able to begin creating the happier, more joyful, fulfilling business I had always wanted all along and that I enjoy today.

Now, I no longer have to work with so many clients (10 retainer clients was WAY too many, and I was WAY undercharging at that time as well).

I don’t have clients sweating me any longer because now I have a system for how work requests are managed and carried out that gives me the stress-free space I need to do the work well without being crowded.

The best thing is that I have far happier, more satisfied clients now than I ever did when I was trying to be that “instant assistant.”

And because they know exactly how things work upfront (all part of my system), working together is so much easier and more peaceful.

I also have the added benefit that I have a lot more ability to move things around to suit my life.

If something comes up and I decide I need an afternoon off or to take a day off in the middle of the week for something special, my system allows me to do that without my clients experiencing any hiccups.

I share this system I’ve developed in my own practice and have used happily and successfully for over 15 years now with all my clients in my guide: Power Productivity & Practice Management for Administrative Consultants.

If you are early on in your administrative support business, this is the perfect time to put a system like mine in place because it’s easier to on-board new clients in the ways you want than it is to retrain them after they’ve been spoiled by unsustainable practices.

However, even if you’re already established, but are feeling the squeeze and realize that something needs to change in your business, my guide shows you how to transition existing clients into new policies and procedures.

It’s never too late to improve your life and business. 😉

Um, Hello?! Do You LIKE Being Devalued?

Telling people you cost less and that they’ll save money by hiring you is basically TELLING them to devalue you.

It’s a cattle-call to all the worst kinds of clients out there (you know, the cheapskates who want everything for nothing and think nothing you do is good enough).

You might think this is the sexy message it takes to attract attention, but what it gets you is the wrong attention from the wrong kind of clients.

All this talk about saving and lower costs and being affordable and cheaper than an employee, etc., puts people in poverty/scarcity mindset.

But you need for clients to stop clutching the purse strings in order to invest in you and themselves.

So, you’re defeating your purpose by making your marketing message all about the money.

Stop doing that.

Something worth having is worth paying well for. (And clients who pay well are worth having, believe you me. You want that for yourself, don’t you?)

Stop talking about the money, and start talking about all that clients gain from working with you.

My Challenge to You

Start a list of all the ways your clients’ circumstances are improved by working with you, all that they gain, how they benefit.

DO NOT list anything having to do with money or saving it in any way.

The resulting list (which you can keep adding to throughout the life of your business) is what your marketing message should be all about.

(Keep this list in a tool like Workflowy so you can add to it on the fly quickly and easily.)

Better Yet, How Important Is It to YOU?

What Is Important to YOU?

A new colleague posed this question to would-be clients on another forum:

“On a scale of 1-10, one being low and ten being high, how important is it to you to connect on a personal level with your administrative support partner?”

What I want to know is how important is it to YOU to have a personal connection with your clients?

Once you know what kind of clients YOU want, you can focus on attracting the kind of clients who are ideal for you.

A few years ago a colleague came to me seeking help out of a desperate situation in her administrative support business.

She had inherited her business from someone who used others to do the work. So, the clients she also inherited had no personal knowledge or connection with the person(s) who did the work. They just barked orders and expected it to be done.

The problem with that is she came to resent being treated like a robot, like a human vending machine.

Because there was no personal, human connection, these clients treated her poorly, spoke to her disrespectfully, and on top of that, expected everything instantly, and, of course, wanted to pay little or nothing for it.

And there were virtually never any thank-yous or words or gestures of appreciation. That’s what happens when you have an impersonal, transactional relationship with clients: you get treated like a commodity, a human vending machine.

She also didn’t have a business website — and didn’t think she needed one since her practice was already full and she was having difficulty dealing with her current clients as it was.

I explained to her that without a website, she was missing out on the opportunity to humanize her business and fix the very problem she was having.

A website would allow her to put her face and personality on the brand, pre-educate potential clients about how her business works and the kind of clients with whom she was looking to work — thereby presetting expectations and organically prequalifying more ideal client candidates.

You can do the same.

Figure out who would make you most happy working with and gear everything on your website to speak to those types of clients and educate them about who is a fit for you.

This makes for a much happier, more fulfilling business.

You may have to kiss a few frogs before you perfect your client-qualifying criteria. Just don’t think that you have to accept any and every client who comes your way, or that you have to live and die by what clients (think) they want.

YOU get to decide what you want your business to look like and how you want to work with clients and what kind of clients you want to work with. Everything else will fall into place from there.

When you build your business to suit your needs and requisites first, the right clients will follow. You’ll get more ideal clients, and your business will be much more profitable and gratifying.

***

How about you? Do you have a business website or are you trying to get by with just a LinkedIn or Facebook account? How much of a personal connection do you prefer with your clients? Have you ever had clients who didn’t treat you like a person?

Why Should I Pay that When I Can Get a Temp or Offshore VA for $5 Bucks an Hour?

Ever hear a client utter these words?

It’s probably the most grating sentence in our industry today.

But what if you knew exactly how to respond?

What if you offered your services in a way that didn’t focus whatsoever on hourly rates?

Wouldn’t that be a total game changer?

It’s not so annoying when you actually begin to love responding to that question (or when you no longer get it in the first place). ;)

…If you frequently encounter price resistance with clients and want to know what to do about it;

…If you have trouble getting clients to commit;

…If you struggle with articulating your value to clients, talking about your fees, and feeling confident about them;

…If you find the whole topic of pricing difficult, I have the solution!

It’s my value-priced packaging and pricing guide, How to Price and Package Your Support Based on Hours & Expertise — NOT Selling Hours

Value-Based Pricing & Packaging Guide: How to Price and Package Your Support Based on Value and Expertise—NOT Selling Hours (GDE39)

This guide will show you how to:

  • Attract more clients, more easily;
  • Make more money;
  • Create an easier business to run;
  • And toss out those time sheets forever!

…all without discounting, bargaining, or justifying your fees whatsoever!

The Heartbreaking Reality for Most Businesses in Our Industry

I came across something utterly heartbreaking a few weeks ago.

I’ve been sitting on it for awhile, going back and forth about whether or not to have a conversation around it.

I never want to discourage anyone from this business or have anyone take things the wrong way. Because if you set things up right, it is an AMAZING business and lifestyle.

However, it’s a cold, hard truth that no one ever talks about in our industry.

And the problem with not talking about things that are uncomfortable, that aren’t all “rah, rah, kumbaya” all the time, is that you can’t fix what you don’t acknowledge.

What was this thing I came across? An ad for a “Virtual Assistant Business For Sale.”

And what is this cold, hard truth I speak of? It’s that most people in our industry are not profitable and not making the kind of money they can actually live on.

You see, the sad thing about this ad is that it isn’t an exception. It’s actually a very accurate example reflective of what most of the businesses in our industry look like.

Now, before I dissect this for you, I first want to make it absolutely clear: It is not that people can’t make more money in our kind of business; they absolutely can! YOU absolutely can!

It’s simply that they are being taught by the industry at large in all the worst possible ways to price, operate and market themselves (like calling yourself a “virtual assistant”). And it’s keeping them poor, overworked and overwhelmed.

The fortunate thing is that YOU always have the possibility to learn better so that your business can do better for you.

And that always benefits your clients because you can’t take good care of others if your needs aren’t taken care of first.

Here is the ad:

The Heartbreaking Reality for Most Businesses in Our Industry

Let’s examine the problematic issues here:

  1. We see that the business has been around for 11 years. Great! After that amount of time, you’d expect them to be earning really well.
  2. Yet in the first bullet we see they are only making £1900/mo (British Pound) which is $2363.98/mo USD. After that many (11) years, why are they still making that little money? Those are poverty-level wages. Did they mean perhaps that this is the average value per client?
  3. Unfortunately, no, we see in the next bullets that after 11 years they have only 1 retainer client at only £350 GBP/$435.39 USD per month. The rest of their revenues come from 15 regular (but uncommitted/non-retainer) clients and 20 ad hoc clients, which I’m interpreting to mean an average of 20 project clients each month. The problem is that at this number of clients they should be making several thousands of dollars per month! I can’t even imagine (well, actually, I can) how overwhelmed and overworked they are… and for such a paltry sum on money! To give some context/frame of reference, I make more with just one of my retainer clients than they make in an entire month from 36 clients.
  4. They also mention having relationships with two typists. This business owner is barely making ends meet at these figures, where on earth is there any margin to pay anyone else? (Answer: there isn’t.) It means that they are doing all this work at a loss! Especially at gross figures that don’t even account for expenses, operating costs, taxes, etc.
  5. This is not a profitable business in any way, shape or form. What has most likely happened is that burnout caught up to them (no wonder!) and they are now trying to unload the sinking ship. But there are no assets of any value to sell here. The clients it has are being charged such an ungodly little amount, there is almost no way in hell to ever reset those kind of expectations. They’ve branded and positioned this business as “cheap” and there is just nowhere you can go with that. It would be faster, easier and less costly for you to create a business from scratch and establish the brand based on properly set foundations and expectations and charging higher, more profitable professional fees.

Don’t misunderstand me. This examination is in no way a denigration of the business’s owner.

Rather, it’s utterly heartbreaking to me that they have made so little money working with too many clients with basically no commitment and constant churn. I wish I’d had the opportunity to help them early on.

When we talk about these things, there are always a certain number of people who don’t understand why it’s so important to have these conversations.

But bringing this consciousness to the fore is integral to being able to improve things so you can better earn in your own business.

It’s why I’m always talking about money, how you are marketing and positioning your business and brand, how not charging profitably sets you up for failure, about how the expectations and perceptions you create in clients directly affect your ability to charge properly and earn well.

These are the topics that will make or break your business.

It’s this fundamental business education — and not the latest, greatest software or tools — that is key to creating a profitable, sustainable business where you can get, work with and keep great clients (clients worth having who value you, not cheapos looking for a free handout), make great money and that works around and enriches your life and what’s important to you (instead of the business running you).

What could this person have done differently?

  1. Business planning. Going through the exercise of business planning forces you to think through and get clear and conscious about all the important details of your business such as your needs, goals and intentions around money, what kind of clients you want to work with and are worth working with, and what business standards, policies and procedures to establish accordingly.
  2. Getting off the project work merry-go-round. A business based on project work needs a shit-ton of clients and work in order to stay alive. It’s a constant, never-ending hamster wheel of marketing, even while you already have clients and work to take care of in front of you, and you never know where your next meal is coming from. Nothing wrong with project work, but think of it as secondary income, the gravy to the meat and potatoes where you make your “real” money.
  3. Expecting a commitment. Retainer clients (clients who pay a monthly fee upfront for a plan of support) are where the real money is at. A commitment of working together each month allows you to do your best work and gives you something to actually work with to achieve a tangible, demonstrable value and results for clients. But of course, if you don’t ever expect a commitment, you’ll never get one. That’s why it’s so important to set standards in your business around what’s important to you. An expectation that clients must make a minimum commitment to be given a place on your client roster is a standard that will serve you (and your clients) well, even if some of them might not understand that at first. (You’ll have a far easier time getting commitments if you learn how to set up and navigate the whole consultation process and pricing conversation.)
  4. Get clear and conscious about the money. Charging fees based on what you see others charging (who are more often than not just as lost as everyone else) is the worst way to set your fees. It’s not about what everyone else is charging (stop looking at them!). It’s about knowing what your target market values, how you can improve their circumstances with your support and what they gain from working with you, and learning how to articulate that value to them in the context of their business and goals.
  5. Choosing a target market. This business is all over the map when it comes to who their clients are and the work they’re doing. And that is a huge part of the problem. Very simply, a target market is an industry/field/profession that you focus your administrative support on. This specialization is key to making the big bucks. That’s because when you know who it is you are focusing on, you can determine very quickly and clearly what they do in their business and what their common needs, goals, challenges, values and interests are and then develop your support solutions around those things. Your offerings will be much more interesting and compelling that way, and you’ll be able to charge more (because there will be more relevant, specific, higher perceived value) and get clients more quickly and easily.
  6. CHARGING MORE! At the poor fees this business would have to charging to account for so little monthly/annual revenue, it’s a clue that the business owner is not understanding the economics of business. You simply can’t charge rates that amount to employee wages and expect to earn well. Business is a completely different ballgame. It’s why I’m constantly reminding people, you are NOT an employee, you’re a business. There’s also this crazy, but nonetheless immutable law of business:  The more you charge, the better clients you get. And what do we mean by better clients? Client who value you and what you offer. Clients who are invested and make the commitment to working together. Clients who aren’t looking for the free buffet. Clients who are loyal to you and the good work and results you provide them with, not how little they can pay. When you have better clients who make a monthly financial commitment to working together toward established goals, you can make more money working with fewer clients and have more time for your own life in the process.
  7. Stop calling yourself an “assistant.” One of the reasons people have a hard time charging more or seeing their value in a different light (and gaining some business self-esteem and confidence) is because so many of them insist on calling themselves “virtual assistants.” This keeps them thinking of themselves as employees and seeing things through that lens instead of from an entrepreneurial/business mindset. Here’s what you need to understand: Assistant is a term of employment, not business. Terminology (just like pricing) is a part of marketing. How you price and the words and terms you use to describe yourself have a direct influence on how clients perceive you and the expectations, perceptions and understandings they come to the table with. When you call yourself an “assistant,” they don’t look at you as a business owner and advisor. You are teaching them to view you as a type of subservient employee, and what they expect to pay is based on that wrong, harmful perception. When you call yourself an “assistant,” you are predisposing them to value you less, not more.  If you want to be able to charge higher, more appropriately profitable fees, you have to create the proper context. The verbiage and terminology you use directly impacts that context.

I have a couple of complimentary (as in free) business-building tools that shed a ton more light on all of this and will help you course-correct in your own business. If you don’t have them yet, be sure to go get them now.

***

How about you? Why did you go into this business? I’m assuming a large part of it is that you love putting your administrative talents to use and helping clients and truly making a difference in their businesses and lives.

I can’t imagine that it gives anyone joy to be broke and working too hard for too little money. So over and above that, how do you want your own life enriched and improved by owning and running your own business? What are your money aspirations? What does “profitable” and “financially successful” mean to you?

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Dear Danielle: What Is the Best Approach to Physically Obtain Quality Clients?

Dear Danielle: What Is the Best Approach to Physically Obtain Quality Clients?

Dear Danielle:

I am very new to the Administrative Consulting business although I have almost 20 years of experience supporting senior-level executives. I agree with you that we are so much more than “virtual assistants” and I would like to attract customers who understand that and value what we bring to the table, if you will. Therefore, my question to you is now that I’ve created a website and all other social media accounts, what is the best approach to physically obtain quality clients? Eventually, I may narrow my target but for now, my target is Small Business Owners. Thank you. —ND

Hi, ND. Welcome and thanks for reaching out. 🙂

Sounds like you’ve got the perfect background and a solid body of experience to offer clients. Wonderful!

Of course, there’s much more to business than simply knowing how to support clients and do the work, as you realize.

Learning how to run, manage and market a business and get actual clients (much less good ones) is a whole other skillset and area of education in and of itself.

This is why your question is more of a training one, rather than something that can be answered in a simple blog post.

It requires a more in-depth, systematic process of learning to understand the components, dynamics, and psychology involved.

To get that kind of knowledge and learning, I will refer you to my step-by-step self-paced training guide I created specifically for that purpose: How to Build a Website that WORKS!

This guide is centered around your website because your website IS the critical link in connecting your marketing and networking to actually getting clients, and not just any clients, but the kind of clients you want to reach: quality clients who understand your value.

This involves pre-educating your site visitors so they are in the right mindset, setting the right expectations, and prequalifying clients to help ensure you are productively spending your time in consultation with your most ideal and likely client candidates.

In the process of going through the steps and exercises, my guide also gives you a crash-course in inbound marketing because the two go hand-in-hand. You can’t set up an effective website and conversion system that gets results unless you understand all the components and mechanics involved.

Another thing I show you how to do in my guide is how to articulate your value and write your marketing message (and I have a clever system that helps you do that, no writing talent required; couldn’t be easier).

This is where having a target market is absolutely vital.

If there are any “secrets” in business and getting clients (and there aren’t), this is it.

And that’s because it’s not so much a “secret” as it is an area of misunderstanding and resistance for so many people.

You mention that right now your target is “small business owners.” But that isn’t a target at all, you see.

“Small business owners” is merely a demographic, and a very vague, general one at that which isn’t going to be helpful to you in any meaningful way whatsoever in creating a compelling marketing message and getting those ideal clients who value what you do.

It’s like saying “people” are your target market. That’s literally anyone and everyone in the world — which is the opposite of a target market (which by definition is a specific market).

A target market is simply an industry/field/profession that you cater your administrative support to. That’s it. However, it’s a vitally important component in getting those quality, ideal clients who understand your value that you wish for.

And this is where people struggle because they resist the idea that they actually expand their attractiveness and opportunities if they narrow their focus to one specific group.

Because here’s the thing: you can’t articulate your value in any truly meaningful, compelling way until you know who it is you are providing that value to. And that requires you to decide what industry/field/profession that will be.

Because it’s all relative.

Your value — what you provide, the solutions you offer, how you deliver those solutions and the results you create — all depends on who your audience (i.e., target market) is: who they are, what their commons interests, needs, challenges and goals are, what work they do in their profession, how their businesses are run, who their clients are, how they get those clients, and so much more.

You have to decide who it is you specifically intend to help in order to identify, understand and articulate your value in a way that speaks to these things as it relates to them. Otherwise, all you’ll ever accomplish (by trying to create a message for anyone and everyone) is being generic and forgettable.

To stand out, to create real meaning, to get focus and direction for your message and your marketing, you need specificity.

That specificity (i.e., deciding on a target market to cater your administrative support to) is what is not only going to get you more ideal clients who value what you do, it’s also going to make your business and marketing easier, you’ll have an easier time charging higher fees and making more money, and you’ll be able to get more clients more quickly and easily.

If you haven’t yet, be sure to download my free guide on How to Choose Your Target Market.

Start there, decide on a target market and then get my marketing/website guide, and you’ll be well on your way to getting those ideal, quality clients who absolutely understand how valuable you can be to them.

Wearing a Stethoscope Doesn’t Make You a Doctor

Wearing a Stethoscope Doesn't Make You a Doctor

So I see this question come across my Google Alerts:

“I have a client who wants to get more calls with potential clients and she wants me to create a plan for this. Any ideas?”

I find these kind of questions irritating when they come from people who are supposedly in the administrative support business.

Why are you even entertaining this kind of request? Oh, are you a marketing consultant/lead generation expert now, too?

It’s exactly like if a customer were to ask their plumber to fix their car.

Plumbers don’t fix cars. That’s not their expertise or the business they’re in. If someone needs their car repaired, they need to go to an auto mechanic.

Just because a client requests something doesn’t mean you are the proper professional for them to be asking or that you need to accommodate it.

This person doesn’t know what business she’s in or where to draw the line.

Her client needs to be informed that this is not administrative work and they need to consult with the correct professional who is actually qualified and in that kind of business (which in this instance, as mentioned, would be some kind of marketing consultant and/or lead generation expert).

(And this client very likely knows this; he/she is just trying to take advantage of someone who doesn’t know any better than to let cheapskate clients who don’t want to pay proper professionals lead her around by the nose on wild goose chases.)

You are needlessly complicating and muddying the waters of your business scope and distracting yourself from that focus.

And contrary to popular belief, trying to be anything and everything, taking on anything and everything, actually keeps you from earning better in your business. (It’s also the dead give-away of a rank amateur. Experts focus.)

Likewise, if you are asking your colleagues for their “ideas” on how to do something, that’s the first clue you don’t have the proper knowledge, background or qualifications, and have no business taking on that work. It’s unethical.

Just because you own Illustrator doesn’t make you a designer any more than owning a camera makes you a professional photographer or wearing a stethoscope makes you a doctor.

There is industry-specific knowledge, education and training, experience and talent that qualify someone for a specific expertise, which is also what defines and distinguishes industries/professions from each other.

Stop wasting clients’ time and money.

You do them a far better service by clearly educating them about what you ARE in business to provide and informing them that they need to consult with the proper professionals in X industry when they need something that is not what you are in business (nor qualified) to do.

And PS: doing so will garner you infinitely more trust, credibility and respect when you do.

Dear Danielle: Should I Choose a Name Looking to the Future of My Business or Just Go with Virtual Assistant?

Dear Danielle: Should I Choose a Name Looking to the Future of My Business or Just Go with Virtual Assistant?

Dear Danielle:

I’m just starting out in this adventure and I’m having trouble choosing a business name. I’ve read your blog on Administrative Consultant and I’m intrigued, BUT I’m just starting out and will be doing anything and everything from answering phones to data entry.  Should I choose a name looking to the future of my business or just go with virtual assistant? I appreciate your help with this. — Karen E.

Hi Karen 🙂

I see you that you did notice the name of this organization. That’s good. Because I do need for people to understand that this is NOT a virtual assistant organization. This is an organization for Administrative Consultants.

What that means is if people want to ask me questions, I’m happy to help, but they need to pay attention to details (which is an important qualification in this business) and respect the proper terminology used in this organization.

Here is our position on the VA term: “Virtual Assistant” is a term of employment and has no place in any business owner’s vocabulary. It most certainly has no place in our organization or conversations.

I’m here to help people put on their big girl business britches, not perpetuate detrimental, employee mindsets.

That starts with encouraging them to hold themselves and what they do in higher esteem and not use terms of employment to describe themselves, which is counterproductive to every single effort they must make in starting and growing a business successfully.

Why do I point this out? Because your choice of words and terminology directly impacts everything in your business from getting clients, the kind of clients your marketing and terminology attracts, their correct or incorrect perceptions and expectations about the nature of the relationship, the demeanor and attitude with which they approach the relationship, your ability to command professional level fees… EVERYTHING.

Are there folks out there who aren’t ready to think bigger about themselves and what they do? Yes, of course.

There are also people who aren’t really focused on being anything specifically in business, who are better described as gophers. They are more in business to be this, that and the other and letting clients dictate their roles and what they are in business to do.

For them, the VA term is actually the better fit.

But that’s not who this organization is for. We don’t cater to those folks or old ways of thinking and operating.

Our interest, and who this organization is for, are those who are specifically focused on the business of providing administrative support.

The people who are attracted to the ACA tend to have a more sophisticated view of business and the administrative work they do. They are ready to gain deeper understandings and engage in new ways of thinking and doing things in order to continue to more positively grow their business, strengthen their business skills, get more ideal clients and make more money while operating in a way that allows them to still have plenty of time for a great life.

So, with that understanding in place, here’s my advice:

What will help you answer these questions for yourself is going through the exercise of completing a business plan.

You have to decide for yourself what kind of business you want to be in, what you want your work to consist of and what you want your days to look like.

One question that really helps is asking yourself, why do I want to be in business for myself? What am I hoping to achieve? Is this just to earn a little side money or do I want/need my business to be financially sustainable and profitable enough that I can earn an actual living from it?

And then build your business around the answers to those questions.

It’s not enough to “just want to make some money from home.” Because being able to do that is not as simple as that.

It takes intention and thoughtful preparation and foresight in setting up the business, creating standards around what you want for yourself and from the business, and what kind of work and clients will bring and sustain happiness and joy in your business so you can both do your best work for them AND remain in business for a long time to come.

As far as naming your business, I have a category on my blog called Naming Your Business that will give you excellent some guidance and helpful insights and advice. All of the articles in this category are very important in gaining deeper understanding about the importance of how you name your business and will raise your consciousness around that task.

And then this one specifically will give you some practical tips for coming up with a unique and differentiating name for your business: How to Name Your Business for Success

I would like to address something else as well.

You mentioned answering phones. This idea tends to come from people thinking that being in this business will be the same as being an employee/administrative assistant and nothing could be further from the truth.

I try to get people to understand that how and when they support clients is not the same as when they were an employee and is going to look much different once they are in business for themselves.

For both legal and practical reasons, you can’t be someone’s administrative assistant in the same way you were as an employee. They are just two completely different animals and trying to do so will keep you from creating a real business that has room for enough clients that you can actually earn a real living.

I personally have never answered phones for any client, and I wouldn’t dream of taking on that work because it would keep me tied to a phone day in and day out, which is NOT what I went into business for.

I’m not saying you have to do what I do, but in my experience, most of the people who think they are going to act as their clients’ receptionist really haven’t thought that idea all the way through about what their business and day-to-day life would be like being chained to a phone and computer all day long answering calls for clients.

Most of them, once they really think about it, realize that’s not what they really want to do. It’s more simply that they don’t know what else they could be doing for clients so they can only think in the most general, generic, traditional terms.

So, I always ask people who bring it up: Is answering phones what you really want to be in the business of doing? Have you really considered what that would actually be like and how it would impact your goals and ideals and what you envision for your business and life? Take a moment and try to picture what your days would look like doing that work.

It’s okay if that is work you want to do (you can always change your mind later if you realize it isn’t and chalk it up to a learning experience). Just make sure you are going into it consciously and intentionally with eyes wide open. Because answering phones can very quickly and easily turn you into a receptionist with little time or concentration to do anything else.

And you don’t need a business to do that. You can get a telecommuting job answering phones and still work from home if that’s your aspiration. When it comes to that kind of work, there are businesses already set up to do that work and get clients and you could simply apply for an employee position with them.

There are four posts on my blog in the category Answering Client Phones. Check those out as I think you’ll find them very illuminating on the whole topic.

Which leads me to my next point:

The one thing that is going to help you plan EVERYTHING more easily in your business and with greater intention, clarity and detail, is by choosing a target market.

A target market is very simply an industry/field/profession that you cater your administrative support to.

For example, in my administrative support business, I work with solo attorneys in business, intellectual property and entertainment law. This specificity allows me to very precisely identify in more depth, detail and clarity exactly what kind of work is needed to best support my clients and, thus, structure my offerings more specifically and meaningfully as well.

Deciding on a target market will help you plan, market and get clients so much faster and easier in your business. With a target market, you’ll be able to better identify with more depth and detail the specific kind of administrative support those clients need, what will have the most meaningful impact and results for them, and cater your offerings around that so that you can be their trusted administrative expert, advisor and strategic support partner instead of their receptionist with a ball and chain around your neck.

Next step: Download my free Income & Pricing Calculator and How to Choose Your Target Market guides.

These two exercises will get you thinking more critically about your administrative support business and what you want out of it.

And then I recommend you check out the resources in the ACA Success Store, one of which is the business plan template geared specifically for the administrative support business. These things are going to help you immensely in getting on the right track toward creating a more ideal, profitable,  happy-making business.

I would like to know how all of this lands with you and if you’ve found it helpful so please let me know in the comments. And if you or anyone has further questions on the topic, we can continue the conversation there as well.