Virtual assistants support businesses and individuals remotely. This is one of the best work from home opportunities that you can start on your own with little to no upfront investment. There are a variety of virtual assistant services that you can offer to earn a steady income. Here’s what you need to know about this growing career path.
What do virtual assistants do?
The job of a virtual assistant can vary depending on their skills and target customers. Some virtual assistants work on specific tasks like design or marketing, while others offer more general services. A successful VA is one who is interested in self-employment and provides excellent service to clients.
Common VA Tasks
Virtual assistants can manage a wide range of services for their clients. Here are some common virtual assistant tasks that you can manage:
- Data entry
- Administrative tasks such as organizing digital documents
- Inbox management
- Customer service
- Social media management tasks such as scheduling and responding to inquiries
- Online marketing
- Comment on the blog
- Writing and sending of press releases
- Proofreading and editing
- Graphic design
- Web development
- Bookkeeping account
How much do virtual assistants earn per hour?
Many virtual assistants work at an hourly rate. Others are paid to perform specific tasks. And some even charge monthly or annual rates. Income varies considerably depending on the skills and services offered. Since you are technically a business owner if you become a virtual assistant, you are in charge of setting the prices yourself. However, virtual assistants report earning an average of $ 19.46 per hour. And entry-level VAs can expect to make around $ 15 an hour.
What does a virtual assistant earn per year?
Salaries for virtual assistants vary depending on the services you provide, the number of hours you work, your skills and experience. If you have a niche in demand or have extensive experience, engage in salary negotiation to get your ideal rate. Salaries for virtual assistants often drop to around $ 37,023.
How To Make Money As A Virtual Assistant
If you want to make money as a VA, here are some options for starting your own online business.
1. Find a job as a virtual assistant
If you want to keep it simple and earn some extra cash, find a job posting and apply as you would a traditional job. It would just be a contract opportunity and you could take advantage of a flexible schedule and remote working.
2. Freelance with several clients
Alternatively, you can work with more than one client to earn even more money. It may also require more time or allow you to work with companies that need help with a few tasks per week.
3. Offer a variety of services
Some virtual assistants serve primarily as an administrative assistant, handling a range of tasks. It can help you attract more new customers. But it also requires a wider range of skills.
4. Create a niche
Instead, some virtual assistants focus on a single area, such as managing social media accounts or responding to customer inquiries. It can help you narrow down a target audience and focus on the areas where you are best at.
5. Work with an agency
There are VA agencies and job boards that can help you find work. They can take a share of each job or charge a fee. But it can help you find more opportunities.
6. Connect with other businesses online
Once you’ve established the type of small business owner you serve, find other professionals online with the same target customers. For example, if you offer email marketing management, direct customers to those who offer content production services. You can get additional referrals and deliver even more value to customers.
7. Market to local businesses
Many VAs get clients online. But you can also market locally if that’s your niche. Advertise in local publications or meet business owners at local events to offer services.
8. Ask for references
Once you work with some clients, ask them to recommend others in their industry to generate even more business. Testimonials can also help.
How to get started with your virtual assistant business
Working as a VA or personal assistant online means running your own business. However, you only need a few basics to get started as an entry-level virtual assistant like an internet connection and a computer or laptop. However, it is important to ask yourself what does a virtual assistant do? Here are some other steps you can take to maximize monthly income:
- Follow a virtual assistant training: VAs do not need formal education. But you can still benefit from training courses to help you develop organizational skills or learn specific tools like email marketing software.
- Choose the services to offer: Determine if you are able to handle a range of tasks like an online executive assistant or if you prefer to focus on a specific area like managing blog post content and creating an editorial calendar.
- Fixed rates: Then determine how much you can charge for each offer. Browse VA sites for the going rate. But you can charge more if you have extensive experience or a lot of demand.
- Find virtual assistant jobs: Many companies hire virtual assistants as they would other workers. Check out your favorite job search site to find virtual assistant jobs in your niche. You can also check out Facebook groups and local job boards. Likewise, find out how to find a virtual assistant so that you can make yourself available there.
- Create an online presence: Some companies may want to see social proof or learn more about what exactly you are offering. Your own site and social media platforms can help you look more official.
- Market your services: You can even create sales pages and online ads to attract more potential customers.
- Set your own hours: Many people are interested in becoming virtual assistants because they are some of the most flexible jobs out there. Determine the hours you can work based on your family and other commitments, then communicate them to potential clients.
How to Maximize Your Income With Virtual Assistant Jobs
The income you earn when starting your VA business may not be the salary of your dreams. However, the following tips can help you earn more:
- Negotiate salaries and rates: You don’t have to take the first offer. Ask for what you want and be prepared to say no to opportunities that are not for you.
- Automate repetitive tasks: You can do more if you save time on administrative tasks like invoicing. Invest in automation tools to cut out these elements.
- Prioritize the best customers: If you have enough work to keep you busy, start saying no to low-paying jobs and focus on the ones that pay the most.
- Develop new skills: You can charge more if you have in-demand skills. So learn new platforms and software that your customers love.
- Increase rates periodically: Once you’ve been in business for a year or two, you have more experience. Charge accordingly.
Can You Get Rich As A Virtual Assistant?
Most virtual assistants don’t get rich right away, but it is possible to earn a decent income. Those with basic skills and just a client or two can earn a few hundred dollars a month. However, those with high level skills, years of experience and multiple clients can earn $ 100,000 per year or more.