Archive for the ‘Starting Your Biz’ Category

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, ore 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?

Dear Danielle: I Worry About Communicating Effectively with Clients

Dear Danielle: I Worry About Communicating Effectively with Clients

Following up on a conversation I had a few weeks ago with a colleague, Sue worried that her communication skills wouldn’t be up to par.

Dear Danielle:

My background is 25 years in admin. I feel I would be good as an Administrative Consultant, but my worry is effective communication skills with possible clients as in explaining processes, etc. —“Sue

ME: Hi Sue. What kind of processes, in what context, do you worry about communicating?

SUE: Well, any process really. I sometimes have trouble verbally getting things across, so this worries me when trying to explain any processes from CRM to email systems.

ME: How about when it comes to the written word? Do you feel more at ease with that? Do you prefer one mode of communication over the other? Or is it communicating thoughts and ideas generally you feel you have trouble with?

I won’t mislead you. Excellent communication skills are extremely important in this industry. Everything we do in our work involves communication in one way or another. And you can’t be afraid of the phone or talking to clients. It’s a basic necessity for being in business.

That said, the great thing about our line of work and the way we deliver it is that we don’t necessarily have to talk to clients on the phone once we get past the initial stages of consultation and onboarding. Having a weekly telephone meeting is particularly beneficial with new retainer clients and something I strongly recommend during those first 3-6 months of working together. Beyond that, however, you can keep most or even all your communications to email if that’s what you prefer. It’s what I do in my own practice and it works just fine.

I’ve helped hundreds of colleagues over the years with this same issue. New people come into our industry, see others who are more advanced in their businesses, compare themselves unfavorably, and come to the conclusion that they must not be good communicators. They think everyone else they see is doing it so much better, that it comes much more easily to them.

But here’s the thing: with the exception of some naturally talented people, most of them didn’t come out of the gate like that. It’s the result of time spent honing, practicing and improving. Like any skill, communication is a muscle you can build and better and better at the more you practice.

In my observation and experience, nine times out of 10, it’s not that someone is a poor communicator, it’s simply that they’re unsure of themselves and lack confidence. After all, they’re doing something new that is equal parts exciting and daunting, and it’s pushing them outside their comfort zones. It’s natural to sort of trip over things when you don’t quite know what you’re doing yet and are still in the process of finding your feet.

The good news is that these are simple growing pains that everyone goes through and which can be alleviated with a helping hand and good guidance. It’s why I put together my business products and guides in the ACA Success Store. Instead of feeling your way around in the dark, these show you exactly how to proceed with consultations, what to say and do in them and when, how to set up your practice management for ease and dependability, how to price and package your support so that more clients say yes to working with you, and so forth.

Having a plan, an example, a blueprint/playbook, if you will, gives you the clarity to proceed confidently at every phase. This lends confidence to your communications. And each new interaction you have in your business with prospects and clients gives you valuable practice and you get better and better each time. In turn, your communication becomes more clear and straightforward because you don’t feel you are fumbling along doing something new.

SUE: I think that pretty much sums me up. I have always lacked confidence, and when nerves get the better of me, that’s when I stumble. I think this will help a great deal.

ME: I really feel like that’s all it is: new business jitters. Give yourself some credit! After all, you contacted me, a perfect stranger, out of the blue and didn’t have any trouble explaining yourself. Get yourself some of my guides so you have a roadmap to follow, and I think you’ll feel much more confident about how to proceed with things.

***

Are you new(er) in business? Can you relate to Sue’s situation? How did getting some guidance help you find your voice and confidence in your business?

Dear Danielle: What If Our Term Is Not Well-Known in My Country?

Dear Danielle: What If Our Term Is Not Well-Known in My Country?

A new colleague from the U.K (I’ll call her Sue) came to me recently with a few questions and topics, one of which I’ll address today as I think it will be helpful to many people.

Hi Danielle. I came across your ACA website and it’s given me food for thought to go from VA to Administrative Consultant. I really appreciate you taking time out to talk to me. I’m doing research about admin consultancy as I’m not sure how well known it is in the U.K.

Thanks for reaching out, Sue. 🙂

Our conversation has inspired this blog post that I think will help you (and others) greatly.

What you’re really wondering is: If people in my country have not heard of “administrative consulting,” if it’s not well-known, how viable of a business will this be for me?

It’s good to be thinking about how a new business will succeed. The problem is you’re focusing on the term instead of the solution we’re in business to offer.

What you want to ask instead is:

Are there businesses in the U.K.? Do those businesses have administrative work they must stay on top of on a regular basis in order to run smoothly?

There is your answer. 😉

Whether a term or industry name is known in the marketplace or not is not important. I wouldn’t want you to waste your time and energy in that direction as it is irrelevant and plays no part in your ability to get clients, help those clients, and earn well.

It doesn’t matter whether they’ve heard of our industry before or are familiar with the terms we use. (Your term IS important, but for other reasons that have nothing to do with getting clients. You can learn more about that in these blog posts).

The only thing that matters is that you understand them, know what their overarching need/problem is, and have a solution to fill that need and solve that problem: namely, the need for more time in their business, the need to free up mental bandwidth and creative space, and the need for an administrative expert and support partner who can help take care of their administration which in turn will free up their time to grow their business (not to mention just live and enjoy life).

EVERY business needs admin support. It’s the very backbone of every business in the world. There is absolutely no shortage of clients who could use and benefit from our support. Every country has businesses, and every business has administrative work, systems and operations that require tending to throughout the life of the business.

BUT, while every business has administration it must take care of in order to keep organized, running smoothly and moving forward, not every business is the right fit or needs the solution we’re in business to offer.

The key, and the more productive effort, therefore, is to better understand what demographic in the business world has the greatest need for what we do and how we do it (our “solution”) and will in turn place greater value on it and be more willing to pay well for it. THOSE are the businesses that are the best fit for our kind of business.

Generally speaking, big companies have the kind of workloads that inherently require full-time, in-house, dedicated staff, and they have the resources to house and pay for them. They don’t really need us.

If they are even remotely interested in us, their typical motivation is to merely offload isolated, non-core functions as cheaply as possible. They could care less about the personal relationship, which is exactly what allows us to deliver our greatest value and impact. When there isn’t a real need, they don’t place much value on the service. And you can’t afford to be cheap, not if you expect to stay in business, be profitable and earn well.

So it’s important to understand who is the best fit (who has the highest and greatest need) for what we do so that you aren’t wasting your time barking up the wrong trees and making things more difficult for yourself.

An administrative support business works and earns best (and more easily) when there is a direct, personal one-on-one ongoing relationship, what we call a “collaborative partnership,” with each client.

In our business, the demographic that best fits that bill are the solopreneur/boutique/lifestyle businesses.

These are the business owners who are commonly running their businesses from home offices (like us), who like being solo/boutique-size; who need administrative help and support (as every business does), but have no interest in “big business,” having employees or managing people; who ARE their business; who are more interested in a particular quality and unencumbered way of life while earning well.

They’re the perfect fit because we can provide that one-on-one, right-hand personal admin support remotely and without needing to be an employee; the size and model of their business benefits most and works best within this dynamic; and because they need it the most, they place a higher value on it.

Now that you understand which demographic is best suited for our solution and why, the next step is to narrow things down to a specific target market, which is simply an industry/field/profession that you cater your administrative support to.

Why do you need to do this, you probably wonder?

Because your value depends on the business/industry/field/profession you are talking to.

How you speak to one group and craft solutions for them is necessarily different from one group to the next.

By narrowing things down to a specific industry/field/profession, you can more quickly and easily identify what their common needs, interests, goals and challenges are, come up with a compelling marketing message for them, and craft your admin support offerings more meaningfully around those things in a way that more powerfully speaks to and attracts clients.

Plus, you simply can’t work with everybody, any more than you can be all things to all people. To stand out, to be attractive, to be memorable and interesting, you have to get specific.

As Seth Godin says (and I’m fond of quoting): “You can be a meandering generality or a meaningful specific.”

The other benefit for you, of course, in choosing a specific industry/field/profession to cater your admin support to is that you can more quickly and easily pinpoint where to start looking for and interacting with those clients.

None of that requires that they know what you are called or have heard of our industry before, only that you know who they are.

If you haven’t yet, be sure to download my free guide on How to Choose Your Target Market. It elaborates further on this topic and walks you through some exercises to help you narrow things down and decide.

Convo with a Colleague: Finding Clients Starts with This

Finding Clients Starts with This

A new colleague who was having trouble finding her first client reached out to me the other day.

Many of you coming up have the same questions and challenges so I thought it would be helpful to share our conversation. (I’ll call this colleague “Jane” to protect her anonymity.)

JANE: Do you have any posts on marketing. Specifically article marketing?

ME: Not per se, because it’s really not the most productive effort if you’re doing it in a general way. Writing articles specifically for your target market is more what I talk about. What are you trying to do or looking for with article marketing? If you can elaborate, I may be able to give you some better direction. PS: You can find all my blog categories on the right sidebar of my blog.

JANE: Target market… well I am pretty diverse in my administrative tasks that I don’t really have a target market. I suppose that currently I am a generalized admin. Would love to have a target market, just not sure what that might be right now. I am geared toward graphic design/web building, but… again that can be for anyone. 🙂

ME: Graphic design and web design are different professions/businesses. Are we talking about the administrative support business or the design business (because they aren’t the same thing)? You probably first want to get clear about what business you mean to be in. Until you do that, you’re going to struggle with finding clients. That’s because if you don’t know intentionally/consciously what business you intend to be in, you can’t expect clients to understand what you do either, and there’s no way for them to see or hear you. It also sounds like you haven’t downloaded my free guide on How to Choose Your Target Market. Deciding on a target market is one of the most important first steps in a business.

JANE: (Downloads free target market guide and comes back a little while later.) Well, let me clarify. Those are my interests, but after briefly looking at your guide, it has settled that I would like to work with realtors. Reason being, for one they can afford me. And I can still do the other computer stuff I like: working with websites and designing stuff. However, I have no experience in the field other than I know a realtor who is really successful. Any suggestions on how to break the ice on a field I am not totally familiar with?

ME: That’s great! Doesn’t matter if you have experience with them or not. You can research and learn. In fact, I always tell people, make it your goal to always be learning your chosen target market and what their business is all about and what work is involved in running it almost as if you were going into that business yourself. Because the more you know and understand them, the more you will know what their common needs, goals and challenges are, how you can best support them and how to craft your solutions and offerings geared specifically to their needs and interests.

It also doesn’t matter what your administrative skills are. General is a misnomer. Don’t use that term or terms like boring and mundane and the like in describing what you do. Words like that devalue the very vital and important work we do and in turn makes clients devalue it as well. Administrative skill and sensibility can be applied to any target market. Plus we’re all always growing and improving our skills. So that’s the the angle you want to be looking at things from. The more you learn your target market, the more you’ll know which skills will be need to be applied, honed or acquired. I have blog posts that answer all of your questions. I invite you to explore the blog and settle in for some reading. I think you’ll find it quite illuminating and helpful. Here are a few to start with:

On words to avoid in your marketing, read this category of blog posts:
Don’t Use These Words

On the difference between administrative SUPPORT and project work:
Do You Understand the Difference Between a Project-Based vs. Ongoing Administrative Support Business?

On how to research a target market you have no experience with:
Dear Danielle: How Do I Market to a Target Audience I have No Experience With Yet?

Hope this helps!

JANE: Has anyone told you how AMAZING YOU ARE!!! You are like God-sent. Thanks sooo much. I will be sure to read these.

ME: Aw, thanks. I’m glad to help. 🙂

YOU Are the Captain of Your Ship

YOU Are the Captain of Your Ship

You have to decide — specifically and clearly — what you’re in business to do.

If you fall to pieces and think you have to start over the second one uninformed client doesn’t get it or looks at you cross-eyed…

If you blow with the wind every time a client thinks you should be doing this and doing that…

If you bend over backward twisting yourself into pretzels to be anything and everything for anyone and everyone…

You are never going to get anywhere, and your life and business will be anything but your own.

You can’t please everyone.

Not everyone is going to get it.

And you can’t be in business to do everything that everyone wants.

(Originally posted July 13, 2010)

Here Is How to Stop Spinning Your Wheels in Your Search for Clients

Here Is How to Stop Spinning Your Wheels in Your Search for Clients

So I saw this question fly by in my Google Alerts:

“I am still working on getting my business off the ground and feel like I’m still spinning my wheels. I need to get clients so that I can invest in more learning and certifications and such. I keep researching, but I’m starting to come to the point that I don’t know what I’m looking for anymore. What daily tasks should I be doing every day???”

One of the most common problems in getting clients that I see in our industry is that people jump into business without doing any of the necessary business planning and foundation work that is key to moving forward smoothly and successfully.

They slap up a website (or worse, a mere Facebook page or LinkedIn profile) thinking clients are going to magically rain from the sky.

They then proceed to go about things as if they were looking for a job.

That’s simply not going to get you clients. That’s not how business works.

I mean, sure, if they’re lucky, they might get some nibbles here and there. But generally speaking, they only ever earn spare change from those types of prospects.

Getting clients — real, honest-to-goodness clients willing to pay the kind of real bones you can actually live on — requires more methodical and intentioned approach and set-up.

You simply can’t skip the parts in-between.

If you do, and you happen to hit upon a piece of real business, you aren’t going to be set up with the proper infrastructure to keep that business.

That’s why one of the most important steps in your business planning is deciding on a target market.

(For those who are confused, a target market is simply an industry/field/profession that you cater your administrative support to.)

This question about what they should be doing every day wouldn’t even arise if this person had a specific target market to give direction to her actions and thought processes.

That’s what a target market does: it gives you direction for your message and marketing efforts, and informs all your next steps accordingly.

If someone asks where should they look to find clients, the answer is “Well, where is your target market?”

When you know who your target market is, you can then research where they hang out online and off and go to those places and get active and involved.

If they ask what they should write about, again, you look to the target market.

What are your target market’s common pains, challenges and interests? What problems can you help them solve? What questions do they commonly ask? What can you educate and inform them about related to these things?

When you know who your target market is, you can more easily identify those things and then speak to and write about them.

If you don’t know who you’re writing for, it’s much more difficult to figure out what to write about because your looking at some nameless, faceless void.

Every single question you have in your business can be answered if you first decide on who you intend to cater your administrative support to (i.e., a target market).

Here is a list of how a target market can help you establish your business and get clients more quickly and easily:

  • A target market simplifies and streamlines everything in your business:  operations, marketing, administration, work processes, billing structures, policies… everything!
  • It’s much easier to systemize and manage your business when you cater to a specific clientele.
  • Your expertise in serving that market increases, allowing you to command higher fees, work with fewer clients and make more money.
  • When you know who you’re concentrating on, it’s easier to learn everything you can about a particular market and its common needs, goals and challenges.
  • When you know who you are talking to, you can create a message that will be music to their ears.
  • You’ll be able to tailor your solutions in ways that are more attractive and meaningful.
  • When you have direction, it’s far easier to identify what marketing actions to take and where.
  • It’s easier to find your would-be clients, online and off.
  • With a target market, you can extend your reach beyond the local/in-person market.
  • Instead of trying to be everywhere, talking to everyone (and reaching and resonating with no one), you can focus your efforts on just those places where your target market is found (online and off).
  • In turn, you’ll have far more time and energy for actually working with clients once they start coming through your doors.
  • You’ll get more and better referrals because people find it much easier to send business your way when they know who you specialize in supporting.

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

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.

Dear Danielle: Do I Need a Professional License to Be an Administrative Consultant?

Dear Danielle: Do I Need a Professional License to Be an Administrative Consultant?

Dear Danielle:

I am very serious about becoming a full-time Administrative Consultant. I have done quite a bit of work on the side and really enjoy the business. I have one question:  Do I need any type of professional license to work as a full time Administrative Consultant, something similar to a real estate agent being licensed by the state or an accountant, lawyers, etc.? Thanks very much. —RD

This is not a regulated industry in the U.S. (or anywhere else that I’m aware of). You don’t need any special kind of license to start an administrative support business.

Depending on your state or country, however, there may be some required business licenses and registrations to be in business, that you may need to pay either annually or on a one-time basis. That’s something you would definitely need to look into.

I always advise people to contact their respective city, county and state agencies to determine what their business taxing, reporting and registration/licensing requirements are.

In the U.S., you would also need to educate yourself about the federal IRS self-employment business taxes and reporting.

Hope that helps!

You Don’t Get Clients by Sending Them PMs; Here Is What to Do Instead

You Don’t Get Clients by Sending Them PMs; Here Is What to Do Instead

You don’t get clients by mass-messaging people who don’t know you.

You’re going to waste a lot of time and energy (and annoy a lot of people) that way.

There are far more effective methods that will have people come to you of their own accord and interest.

In the professional services business, it’s not about soliciting strangers and indiscriminate cold-calling.

In our business—the administrative support business—the name of the game is trust and credibility.

And that is established through relationship-building and nurturing the know-like-and-trust factor: allowing a group of people to get to know you and come to you after becoming interested in how you might be able to help them.

When I was having this conversation on LinkedIn, someone asked me:

“I was just thinking about this today! I want to let everyone know about me venturing out on my own, but I don’t want to annoy people either. I thought about sending out an email with some very brief information and then asking them if I can send them more information. Is this a good approach or would you advise a different way?”

This falls in the same category of soliciting people that you don’t know are even interested. It’s a waste of your time, money and effort when 99.99% of these people are just going to toss your letter in the round file.

Instead, I have a Business Letter of Introduction that does this job in the right way so it doesn’t look like you are desperate and begging for business, which turns people off. This letter comes as a free bonus with my Administrative Support Business Set-Up Success Kit (Set-01 in the ACA Success Store).

Beyond that, here are some basic steps to make getting clients faster and easier (and this is where I would have you focus your time and efforts more productively for more fruitful results):

  1. Choose a target market. A target market is simply a field/industry/profession that you cater your administrative support to.
  2. Learn about your target market inside out as much as you can. When you know your market intimately, you can better and more easily identify their problems and pains and cater your solutions accordingly.
  3. Get out there and interact with the people in your target market, online and off! When you have a target market, it also makes it vastly easier to figure out where to find them.
  4. In all of your marketing communications and networking conversations, direct everyone to your website. This is the vital link that educates your site visitors about what you do, who you do it for and how you help and moves those who are actually interested further in the process so that you are wasting your time willy nilly on every Tom, Dick or Harry who isn’t going to ever be a client.
  5. Make sure there is a lead capture system on every page of your website. What this means in simple terms is give your site visitors a gift in exchange for their email address. It could be a free how-to guide, a free report, some free DIY training, a form or e-book, you name it. It just has to be highly compelling and of value and interest to your target market (which is another reason to have a target market: it’s easier to identify what will be of great, specific interest to them.). This is so you can get them on your mailing list and continue to keep in touch with them and nurture the relationship. This is where an autoresponder/list management service like Aweber comes in; it automates this process and allows you to send out personalized messages to thousands of subscribers all at once.
  6. Keep in touch with your subscriber list of client prospects on a regular weekly basis. Consistency is critical here. If you are irregular or there is too much time between communications, they’ll forget who you are and why they are hearing from you. You want to allow people to get to know you so this frequency is very important in keeping those on your mailing list subscribed and interested.

What next? The best place to start is to get my free guide on How to Choose Your Target Market.

I Can’t Work for Pennies, How Are You Making This Work?

I Can't Work for Pennies; How Are You Making This Work?

I am still trying to lock down clients. Any suggestions as to how to obtain clients? I have been using Fiverr for sample gigs (decent income for small projects). I am reaching out to people on Linkedin as well as my previous employer (we have a great relationship so it’s no fluff, but no clients need me yet), but once I move to the pricing for everyone else, they are no longer interested. I feel my price point is comparable, but I can’t work for pennies on the hour. How are you guys making it work? —RB

Fiverr might be good for pocket change if that’s all your needing out of it. But you’re never going to find real clients there (i.e., the kind that pay the kind of money you can actually live on), much less retainer clients who pay a monthly upfront fee for across-the-board administrative support.

“Decent income” is relative. What does it mean to you? Have you done any cost and pricing analysis on what it takes to run your business, earn an income (yes, they are two separate things) and earn a profit? (Profit is yet a third category of earning; you don’t have a business unless you are earning above and beyond your operational and income needs.)

It’s important to understand that there’s a big difference between the economics of employment and the economics of business. That is a huge area of education for a lot of people who are new in business. They often don’t initially understand that $12/hour employee wage will not begin to earn them a living as a business.

You’re also looking at things from the wrong angle and going about the process too generally. Because it’s not about the price point.

(Don’t worry. Everyone goes through this thinking when they’re new in business—it’s a process of education, and I’m here to  help you with that). 

Getting clients begins and ends with WHO your target market is. Have you done that work yet?

RB: I have my target market (insurance), I guess it’s that I am not known maybe? Yeah, I love Fiverr for some quick cash, but trying to convert the folks I am talking to is what I am having trouble with (none from Fiverr). Maybe I need to reevaluate.

You’re not going to be able to convert those people because they aren’t the right audience, and it’s the wrong process/intention on the wrong platform. You’re trying to fish in an empty pond basically.

It’s not about being known. You don’t have to be known. Prospective clients don’t even need to have ever heard about our industry whatsoever.

It’s about YOU understanding THEM (your target market), their business, their industry, how their business is run and how you can support them, a
nd you understanding what they gain and how they benefit from this solution (this is how you will articulate your value to them).

And, of course, choosing the right market.

“Insurance” is pretty broad/generic. What does that mean? What kind of insurance specifically? Who in the “insurance” field are you focusing on?

Because insurance “companies” don’t need what we do. When a company is large enough that the workload inherently requires in-house staff, and has their own staff, you are barking up the wrong tree.

You want to target solo/boutique business owners. They are the ones who have the highest/greatest need for the solution we’re in business to offer, value it more, and are thus more interested and willing to pay for it.

Once you get clearer about all of these things, that is going to tell you where you should be focusing your efforts for more fruitful results.

And the smarter you get about that, you’ll find that you won’t want or need to waste your time in places like Fiverr. 😉

Here’s what I recommend:

1. Get my free ACA Income & Pricing Calculator and go through those exercises. It’s important to get very clear about your numbers and know your pricing baseline.

2. Download my free guide on How to Choose Your Target Market and go through those exercises. This is a necessary part of the process of getting clients. If you don’t know and specifically define who you are talking to, how can you ever find them much less know how to support them administratively? 😉 Once you get clearer about who it is you are seeking, that will inform all your next steps and answer all the questions you have about how to find them, where to find them, how to support them, how to craft your solution and speak their language. This is such a vital step that will make finding clients so much easier.

There’s a lot more to it than this, of course, but these two exercises are the best place to start.

You CAN do this! It’s work, but it’s legwork that must be done first if you’re going to start seeing results. The alternative is to keep plodding along for years on end as many people do.

SEE ALSO:

Dear Danielle: What Do You Think of Odesk and Elance?

Dear Danielle: Should I Market on Craigslist?