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The pandemic hit early in 2020 and as Annalisa watched people around her lose their jobs, she decided to venture out as a virtual assistant. She started out with one client and at the moment runs her own agency, “Elevated Assist” managing clients over the world. Annalisa shared that the minimum a Virtual Assistant would earn in a month is $1,000 per month working a minimum of 10 hours a week.
If you are wondering who a virtual assistant is, I would love to enlighten you. A virtual assistant is someone who works remotely for entrepreneurs or business owners to complete administrative tasks and other behind-the-scenes work to keep the business running smoothly.It’s kind of like an administrative assistant at an office, but you work virtually and set your own schedule. This means you can do this as a side hustle in the evenings or weekends if you have a 9-5 or you can fully take this up.
As a Virtual Assistant, you can work for as few or as many clients as you want depending on your time and availability. The tasks you do as a Virtual Assistant can vary widely depending on what you like to do and what you are good at. In fact, there are over 100 services you can offer as Virtual Assistant.
Here are a few;
How much money can you make as a virtual assistant?
Due to the demand of virtual assistants, some virtual assistants go on to establish VA agencies to accommodate other business owners and employ a team to support. This is exactly what Annalisa did and she was able to grow her Virtual Assistant Business earning 5 to 6 figures a month. YES, in one month you can make a minimum of $1,000.
Annalisa decided to take being a virtual assistant seriously when she created a course in the beginning of the year and put it out on pre-sale via a Twitter Thread and she was able to get 3 sales without barely any promotion. Annalisa’s bulb lit up and she became more proactive with promoting her digital product and letting people know how they can make money as a virtual assistant.
Next thing she knows, 900 people have gone through her course, yes you read that right 900 people!! Annalisa taught them all how to become a virtual assistant within her course following a step to step outline on how to get your business from scratch to success in Annalisa's course.
Currently she hosts a community of virtual assistants via Slack where they share each other's wins, job opportunities and encouragement as they run their businesses supporting other entrepreneurs around the world.
Venturing out as a virtual assistant may look like a walk in the park after you do research on it, however Annalisa did note that marketing yourself will go hand in hand in your success.
She recommended using social media as a way to market your services because it is worldwide and puts you at the forefront of businesses with so much ease! If you are considering building a website, go for it, however one thing is certain, you can build your business without having a website because that is what Annalisa did.
Is being a virtual assistant for me?
If you are wondering if being virtual assistant is for you, Annalisa highlighted - anybody can be a virtual assistant. The good thing is it doesn’t take much start uo money or equipment to get started. You do need a computer and a good internet connection. The course jammed packed course will give you all yo need to get started.
If you finally feel like you can take on clients, it is important to work with business owners you have a great connection with and this can be seen from the first discovery call. If the vibe matches, you are on to a great start and will hit it off. It does not hurt to earn extra bucks on the side and starting out as a virtual assistant is a great way to achieve that, extra income earned can be used to clear out debt or save for what you need.
If this is a venture you would like to check out, check out Annalisa’s course here. There is always fear surrounding the aspect of becoming an entrepreneur, however this course will walk you through how to establish yourself successfully working remotely.
You can watch to the full episode here or listen here.
Annalisa Abell is the Owner of Elevated Assist, LLC- Virtual Assistant and Social Media Management Agency, a HealthCare administrator, Podcast Host of the Financial Flex and a Real Estate Investor. When she is not running Elevated Assist, Annalisa encourages people to reduce debt and increase their streams of income.
Here is another blog about with a steps for another great side hustle.
This post may contain affiliate links which may compensate us based on your interaction at no cost you you. Please read the disclosures for more information.
Starting and building your credit history comes with a plethora of benefits and advantages. It’s important because it determines the interest rates and options you have when trying to get loans. Why is interest rates important? It determines how much you pay over the base price of the car, house or loan you are getting. So good credit equal to low interest rates. Even better, there are really simple ways to pull this off! One awesome way is to start by getting a secure credit card. Another good option, you can also be an authorized user on a parent's credit card if they have good credit.
Often times I am asked, "when should I start establishing credit history?". The best time is when you have mastered the fundamentals of money management skills. Good money management skill include maintaining a budget and paying other bills, such as your cell phone bill - then it is time to begin. You can start without having a credit card. You can build your credit history with personal loans from a bank or credit union. If you want to go the credit card route, a secure credit card is a great option. Check out this video on how best to use a secure credit card here.
If you’re just starting off, keep in mind that it doesn’t take very long to establish good credit. The number of months can vary but it can be roughly 6 months. If you are trying to rebuild credit the timing is about the same. Tips that will help:
While you’re building your credit history, you should check your reports regularly. You can ensure that your creditors are reporting your payments to the credit bureaus by checking your credit report at all 3 bureaus at least twice a year at annualcreditreport.com. This is free right now and always free once a year. You are responsible for the accuracy of the data on your reports so be sure to check it and validate.
Another thing to think about while learning about credit history, be sure you are watching your credit score. When checking your score be sure but is your FICO score which is more commonly used by creditors and consumers. Please note, some of the commonly used apps that use a different credit scoring model that is called Vantage. Also, if you pay for utilities, use Experian boost for a bump up in your credit score.
As you are on your journey do yourself a favor and create and maintain a budget and stay away from late payments. For success, try secure credit cards, create and maintain a budget and pay bills on time. There are a few free resources such as budget sheets, a debt tracker and a coloring book for the kiddos here.
I have a couple of good books that includes the topics. It'$ My Money Vol1 is for ages 13-18 and It'$ my Money Vol2 is for ages 19-25. Both provide a ton of valuable information on money topics as well as credit.
Write something about yourself. No need to be fancy, just an overview.