One of the first things I ask VAs that I coach is how much money they want to earn in their VA business.
So many of them can't tell me that.
They say they don't know.
We don't like to talk about money, I get that, but if you can't tell me what your expectations are from your VA business, then that's where we need to start.
Do you want to replace your corporate salary? How much is that?
Do you want to make enough to pay bills in your household? What bills? Mortgage, groceries, car? How much is that?
Do you want to earn the fun money - savings, vacations, clothes and tickets to concerts or sporting events? How much is that?
You have to quantify what you need to earn in order to figure out how to earn it.
When I ask them if 5K is something that they strive for, many of them say yes for sure. That's a happy amount of money.
Oh,, so you do know how much you want to earn (and yes, it can be more than grocery money!)
Earning 5K usually means that you can pay yourself 1K a week and pay all of your expenses too.
Remember that not all of the revenue your business brings in is yours. Paying yourself first is a great concept but what it means is that you need to set your rates at a place where bringing in x dollars means you can pay yourself y, and still have enough left to pay expenses of z.
So now that we know we want to earn 5K a month, how do we do that?
Like I said earlier, it takes some mindset shifting, some math, some confidence, and a plan.
Tune in to this episode to learn how!
If you are working towards squeaking by - by not doing the work, by not spending what you need to spend, by letting clients nickel and dime you, then you will stay at your minimum-wage level.
Your work ethic has to exceed what you have ever done before - doing the right things, thinking the right way, and always always moving in the direction of your goal - in order to reach it.
Want 5K months? You need to map it out. You need to learn what you don't know. You need to take daily actions. You need to get help when you are stuck.
Don't be the VA who wishes for 5K months. Be the 5K VA who easily gets them every month.
I can help you get there. I can help with your mindset, boost your confidence, help you do the math, and help you create your plan.
I am here to help. It's the only reason I'm here at all, as you know. To help you become a ridiculously good VA.
I've helped hundreds of VAs through challenges just like yours, and got them on their way to growing their business and the lifestyle that they dream of. That you dream of.
I'd love to do the same for you.
We can work together privately, in my monthly mastermind group, or you can enroll in some of my self study trainings. I have plenty of options to help you get where you want to go. Check them out in the show notes for this episode. Thanks for tuning in this week! I'll see you next time!
Let's work together privately to get you to your really big goal. It's the fastest way to get results and we can start right away. Learn more about private coaching here.
The Virtual Circle (TVC) is a monthly mastermind group for Virtual Assistants just like you. We get together 3 times a month for group Zoom sessions to talk about what you are struggling with, working on, or celebrating. It's a close knit community of your VA colleagues that provides the best kind of support for your VA business. Learn more about TVC here.
My self study program Getting Started as a VA can help you get your VA business started easily and quickly too. You can sign up right away and be on your way to getting clients by the end of the program, with all the right foundations in place. Check out the program here.
Reach out to me if you need to talk about where you are stuck and what the right option might be to get you moving. It's literally all I'm here to do is help you get to where you want to go. Book a complimentary Cut to the Chase call with me here.