There is a solution to this problem. You can convert your knowledge and experience into sellable products and start selling them via your website. These could be e-books, CDs, DVDs, white papers, online training courses, tele-seminar recordings, pod-casts, premium membership area access, access to online library or articles, etc. Whatever you choose to do there are a few things you need to consider first. Apart from the obvious – developing and designing your information products – you need to think about delivering purchases to your customers.

How can a Virtual Assistant help you with earning a passive income?

• CoachesVA can set up the shopping cart for you;
• CoachesVA can add products, set up auto-responders, add links to e-newsletter systems;
• CoachesVA can proof-read and edit your e-book;
• CoachesVA can design the e-cover for your information products, making them feel real and tangible to customers;
• CoachesVA can edit the recordings of tele-seminars, teleconferences, podcasts and videos to be ready for sale;
• CoachesVA can create PowerPoint slides to accompany your tele-seminar;
• CoachesVA can handle enquiries from attendees, deal with any technical issues and help with bookings;
• CoachesVA can create landing pages to market your tele-seminars, manage social media campaigns, set up registration process and teleconference facilities.

If you would like to find out more – contact us today on 02 8197 8401 or email via the website. We offer you a free, no obligation consultation on how to convert your expert knowledge into passive income.

BY Tamara Baranova – our Online Business Specialist
http://tjconsulting.co.uk/earning-a-passive-incoome-with-the-help-of-your-virtual-assistant/

Outsourcing has been the fad in this modernization and globalization. Many of the people have gripped its advantages and develop in the long run. Indeed, outsourcing has never been fading since its time of discovery and early invasion in the global business setting. Hence, making it on the top list of most business tycoons and businessmen has become a means of solving every business’ intricacies in operations and developments.

Furthermore, here some tips to follow on how to jump start your outsourcing stance to the ladder of success in global business.

* When doing a project to be outsourced to a service partner, be sure that you have set clearer project schedules and job descriptions. Project schedules may include span of time the project needed to be finished and the time of deliverable s. Mind you that this will help your service provider to set and adjust their time to accomplish what you require them. This would allow smooth sailing job between you and your partner in service.

* Always make sure that you choose the right service provider who won’t let you down. Always make it to the point that you evaluate as if there performance is being judged depending on the quality of the project they have been provided to you. Ask them frequently to keep track of the project whether it is working or not.

* Of course, another factor which can make your project business more satisfying is the presence of the experiences of the service provider. In this case, you should know the experiences of your service provider for this will help you get into the ladder of success and not be fooled by any other outsource-rs who are spreading on the World Wide Web.

* When you stick with outsourcing ideas, remember that you want to save money and it is merely saving a lot of money. Dealing with outsource-rs should take into consideration the price worth the quality of works they will provide. Although outsourcing involves cutting the costs but there are some companies which are offering the right kind of price suitable for your budget and doing the project effectively and efficiently. You can have some reviews of the performances and previous records from the clients of the company. This will assure you that you will have the good choice of picking up those quality and reliable outsource-rs.

* You should also consider the agreements between you and your service partner to know the terms and conditions and avoid misleading and misinterpretations in the future.

These are only simple tidbits of advices in getting into the real scenario of successful outsourcing and in every endeavor you take you can make most of what you can do for as long as you know the twist and turns of real outsourcing in business. Go global!

About the Author: Great Information about Outsourcing can be found from Oliver Greene a man with worthy and updated idea’s. Article Source: http://EzineArticles.com/?expert=Oliver_Greene

1. Set progressive milestones

Breaking projects into phases or distinct interim deliverables gives you clarity over progress. This then enables you to guide a wayward project back on track before too much damage is realised. These phases can be tied in with the payment schedule to ensure you are paying for tangible results. The longer a project continues without checkpointing, the higher the outsourcing risk to you.

Try sampling services first. It may be more expensive in the short term, but you gain invaluable insight into how the provider operates before you lock yourself in to more.

2. Define what quality means to you

Ensure you clearly understand and have documented, both qualitatively and quantitatively, what a successful outcome is for you. For projects, these take the form of Quality Guidelines, and for ongoing engagements; Service Level Agreements. Use these to monitor and control your provider’s deliverables.

3. Seek references and testimonials

It is standard to seek references when hiring staff and it should also be the case when outsourcing. The two most important questions you need answers to are: Would their customer use the provider again? If not, why not?

4. Don’t just buy the cart when you need the horse too!

To ensure long-term business continuity, obtain copies of the files and inputs which created the end product. This applies particularly to software, websites and design, but can be applied to many other fields such as architecture or accounting. In the example of software, get copies of the software source code, even though these files may be unusable to you in its current form. In the long run, source code for custom-built software is actually worth more to you than the compiled application.

For example with accounting, it’s the MYOB or Quicken files containing all your data, not necessarily the BAS submission, that’s important to you in the long term.

If your supplier goes out of business or you choose to go elsewhere, you will be able to engage another firm to take over quickly and painlessly. You can lower your risk further by structuring your engagement to provide you with the raw files progressively.

5. Own the products of the engagement

Legally in Australia, copyright of work is automatically granted to the person who originally created it. Your agreements must ensure that legal title of all works is transferred to you upon completion, payment or some other event.

If you don’t own the copyright to the works created, you may be liable to pay ongoing royalties or financially settle the transfer of ownership separately. Talk to a lawyer if you’re not sure.
6. Protect your business with Non-Disclosure Agreements

Confidentiality or Non-Disclosure Agreements (NDAs) are critically important when your business relies on trade secrets, proprietary knowledge or the development of a not-yet-launched product. Any agreement put in place needs to cover all staff, vendors and third parties involved in the project or service. Don’t leave it to chance, after all your competitor may be closer than six degrees of separation away from the supplier. Have a pro-forma NDA drafted by your lawyer.

Have a think about current or forthcoming outsourcing arrangements – are you managing the outsourcing risks as well as you could?

Greg Pritchard is dedicated to making your software and systems contribute to your business bottom line. He founded Dedication Group, an IT & Management Consultancy helping companies deliver on their IT Strategies.

I recently started thinking about ‘what I shouldn’t be doing’ in my business and my new perspective changed my outlook completely. Give it a try! You might find outsourcing to virtual assistants a good option for you.

It was a conversation with a business mentor that got me contemplating things from this angle. Rather than thinking about what I could outsource, I started to look at what I wasn’t naturally inclined to do well.

My work with small business and career development clients focuses a lot on personal strengths. Using a couple of simple strengths tests (a good one to try is the Character Strengths test at www.authentichappiness.org) we identify areas of innate talent so clients can build on them.

Now it was my turn to apply this practice to myself, albeit in a slightly different way.

I went back to the office and put a fresh piece of paper on my desk with the heading ‘Things I shouldn’t be doing’.

Over the next two weeks, whenever I found myself doing something that drained me or didn’t come naturally, I wrote it on the list.

What I discovered at the end of that week wasn’t really a revelation, but it certainly was a helpful reminder that detail work just isn’t my thing.

Booking appointments, following up, entering transactions into MYOB and updating the database are the activities that I am most likely to do poorly because they don’t fit with my strengths.

I’m much better at creative activities like developing a new marketing plan, designing a brochure or writing a newsletter. I’m more comfortable networking, building relationships and working directly with clients.

And as it so happens, these are also the things that I enjoy doing most and the activities that are aligned with my top strengths.

Armed with this information I hired a virtual assistant (VA) and started handing over the tasks that I ‘shouldn’t be doing’.

Like most small business owners, when I started my business I tried to wear as many hats as possible to keep costs down. And because those things were just part of what I did every day, I hadn’t questioned whether they were most competently carried out by me.

On reflection, I realised it is false economy to use my time on tasks I’m not suited to. When I freed up my time to do what I do best, I became much more productive and more efficient.

Outsourcing to virtual assistants these days is completely flexible. I began by engaging my VA for three hours a week to see how that went. I wasn’t sure I’d have enough work to give her to fill those hours but as time has gone on, I’ve been able to hand more and more over to her.

Be prepared

The process of outsourcing to virtual assistants isn’t completely stress free. In the early days you’ll need to put in extra hours to finetune your systems and processes before handing them over to someone else. You’ll find some great tips to help you get started in this article on working with virtual assistants.

If you’re anything like me and lack attention to detail, you’ll soon see where the cracks are in your systems, and that gives you the opportunity to tighten things up.

But in the long run it’s well worth it. Your business will not only look more professional to the outside world but it will be more profitable as you focus on doing what you do best.

Hiring a VA has changed my life and my business. What impact has outsourcing to virtual assistants  had on yours?

Many of us originally go into business because we have a passion and skill for a certain service or product. However, those skills may not include the operational, marketing or financial ends of the business.

Every small business has some essential but non-core business activities that eat into time that could better be spent servicing existing customers or developing new ones.

In the past, soloists were limited to two choices: either wear every hat and fill every role to the best of your ability (at the same time hoping you find time to seek new clients and service existing ones), or hire employees to fill those roles so you can focus on growing your business. Of course, employees themselves can keep you from the business of doing business – they come with personality issues, learning curves and training difficulties, and, once hired, are a fixed expense whether you need them or not.

No wonder so many small businesses are outsourcing work to temporary staff, virtual professionals and consultants – the benefits are clear.

Audit your time

If you haven’t already done so, spend a week logging where the hours in your day go. How much time do you spend on tasks that are essential, but don’t generate profit? Add up all the time you devote to doing paperwork, answering the phone, dealing with customer enquiries, delivering stock, and queuing at the bank or post office.

Compare this tally with the number of hours devoted to your core business activities, and ask yourself whether you could improve this ratio. Chances are you’ll find that at least some of the tasks you’re spending your time on could just as easily be handled by someone else.

Tips for new players

Outsourcing a job or service can take a big load off your plate, but don’t just pay your money and take your chances. Here are a few suggestions to help you make it work from the start:

• Get the right person for the job: Don’t assume that one person can handle all the tasks you need to delegate. You may be better off using a handful of specialists on an as-needs basis. Having trouble finding those people? Outsource that task to someone who specialises in connecting business owners and consultants.
• Monitor: Any work you outsource must be carefully monitored to ensure you’re actually getting what you’re paying for. In real estate the mantra may be location, location, location, but in outsourcing it’s communication, communication, communication!
• Protect yourself: Make sure that you have appropriate protection against theft, fraud or any other damage that could affect your business as a result of the actions of a consultant.
• Be clear about ownership: Consider the issues of intellectual property and ownership, and make sure you’re the one keeping hold of your product. This can be a particular issue with designers. Who owns the property they create on your behalf? Don’t make assumptions, write the details down in your contract or agreement.
• Insist on confidentiality: If you’re asking your consultant to deal with confidential material draw up a tight non-disclosure agreement.

Please share your ideas for making the outsourcing work below. We’re keen to have input from both clients and suppliers, so don’t be shy!

There’s so much to do, build your list, write articles, get your website up, write invoices, make sales, create new content…you get my drift. How is one supposed to get it all done in those meager 24 hours in one day???

And then when you have generated a lot of activity you have created even more work for yourself in servicing your clients. Sure your business grows but what about having a life?? I know what it’s like to feel overwhelmed by all the things that need to get done. I have been at that place a few times. These days its good.

How do successful six figure income solopreneurs do it? Are they superhuman?

The answer is no, they are not superhuman. But they have a smart system in place that helps them to get everything done that really needs to get done. Let me share with you how I juggle all my projects and still have a life (while you are reading this I am in a beautiful beachside holiday house at the South Coast).

Let me share with you four insights that have helped me to manage my business growth and still have a great life.

1. It’s all about your priorities

As an entrepreneur your To-Do list is never empty. There are always more things to do then there are hours in the day to do them. That’s just a fact and the sooner you get comfortable with that the better. The key is to prioritise the things that will make you money. That’s making sales, marketing every day, servicing your clients, creating new programs and content. Do these things first and everything else after these things are done. That will mean you will make the money you need to make to outsource the rest.

2. Outsource everything someone else can do

That’s the goal. And if you do what I suggest in point one you will quickly get to a point where this is easily possible. How do you know whether it’s time? If your days are filled with income producing activities and you are not getting the bookwork, admin etc. done or your burning the midnight oil doing it, it’s time to hire an assistant.

I suggest you start by outsourcing the lowest value activities first, I started with my book keeping and then I got a cleaner. If you want to justify the expense, invest the extra hours you free up into smart marketing, eg. ring some past clients, get a speaking gig, be active in social media etc.

3. Hire experts

When I talk about hiring assistants I am talking about people that are experts in their field (yes that includes the cleaner ). Hire people you don’t need to train and that are eager to serve you rather than being a drag on your time. And of course, you don’t need to employ them. I work with virtual assistants who are great at what they do and work from their own home or office. Set your standards high and watch your life getting easier as they take on more of your work.

4. Learn to let go

This is a big one for most entrepreneurs. If you seriously want to build a six figure income business, you need to let go of needing to do everything yourself and thinking nobody else can do it as well as you can. That’s not true for most things (except your unique brilliance). Letting go of wanting to control everything is essential for your success. You need to take a leadership role and start to delegate, delegate and delegate some more.

Put these four things into action and watch your results soar. Every time you let go of more, your income will go up!

Tags: Solopreneur Solobusiness Entrepreneur Branding Marketing Coach Life

About the Author:

“I wear so many hats, Pioneer, Coach, Mentor and Leader…
What I do best is – I inspire passionate, empowered action!”

Yvonne Macintosh – CLICK HERE TO FIND OUT MORE

I am here to tell you that coaches can definitely get clients on social media and networking web sites, as long as they are not making these three mistakes. to fin

I have been watching coaches using social networking for many years, and I have seen many of them making mistakes with social networking. Here they are the top three mistakes coaches are making there right now. Make sure that you are not making these mistakes and you will be getting more coaching clients on social networking web sites:

Mistake 1: Not Networking With Their Target Market. I see many coaches who join social networks and connect and communicate with other coaches. It is great to be able to connect and communicate with your colleagues, but if you want to get clients, you are not going to get them by communicating with other coaches.

You are going to get clients if you actively connect and communicate with people who you want as clients, your target market. Spend the bulk of time that you spend on social networks on connecting with your target market, and you will start getting more clients from them.

Mistake 2: Offering A Free Coaching Session Or Coaching Services To Social Networking Connections. Every time I use a social networking web site, I see coaches offering their coaching services to others.

Since people on social networks don’t know you well enough yet, they will not want to register for your services. It is much easier to convince them to get something for free (your newsletter subscription) or something at a lower fee (a teleseminar, group coaching, etc), than your services. To get results, you must offer products at a lower price points, and not just your coaching services.

Mistake 3: Not Building Your List. I see very few coaches who are using social networks actively building their lists. And that is a big mistake, as social networking web sites are perfect for building your list.

The most effective way to get clients online is by first building your list. If you don’t have a list, you will not be able to get clients on a regular basis.

Are you making these three mistakes? If yes, correct them as soon as possible and you will get many more clients on social networking web sites!

Learn how to get coaching clients with social networking in the FREE Report on how to use social networking to get coaching clients, available at http://www.HowToUseSocialNetworking.com

Article Source: http://EzineArticles.com/?expert=Biana_Babinsky

CoachesVA can assist you with the registration, setup and maintenance of your Facebook, Twitter, LinkedIn etc profile. Contact us today to find out how!