Why Being A Virtual Assistant Is The Superior Way To Start Your Own Online Business

Ever wondered what it really takes to live a life of financial, location, and schedule freedom?

To begin earning Wi-fi money in the least amount of time?

…and STILL, have financial security for you and your family so you never have to worry about money again?

These dreams are more achievable than you thought.

How? By running a virtual assistant business!

In this blog post, I share why starting a virtual assistant business is a superior way to start your own online business than 5 other online businesses.

This post contains affiliate links that don’t cost you anything to use - they may help you save some money while helping me earn a few cents for the free information you're learning in this blog!

For a full disclaimer click here.

Starting a VA Business Compared To Launching and Running an Online Store

The biggest benefit of starting a VA business is the low startup and low overhead costs.

You don’t need an expensive degree or years of formal education.

All you need to get started is:

1. A laptop

2. Internet connection

3. A skill

4. The will to begin.

Whereas running an online store is not so simple.

You’ve to deal with a lot of challenges to get it up and running to make a profit, like:

1. A Website 
2. A product
3. Capital Investment
4. Customer management service
5. Office space
6. Shipping services

Unlike a virtual assistant business that can thrive as long as you provide a valuable service, online companies are pitted against dozens or hundreds of competitors across the world. This high saturation level can make it difficult to win any marketplace penetration.

What About Blogging or Being A Social Media Influencer?

In 2022 blogging is not the same as it was in the early 2000s.

It takes a lot of investment in terms of time, sweat, and creative juices to consistently put out highly valuable blogs only to get nothing in return. There is absolutely no guarantee that you’ll be able to attract enough traffic and make money by blogging. You will have to publish quality content for a year+ to see any major website traffic from Google. You can get website traffic from Pinterest sooner, but that takes months as well. Mind you, all this effort while making no significant income.

Being a Social Media Influencer has several hardships as well. The biggest one is putting your personal life and identity into the spotlight. Building real influence takes time. And while you are at it, being authentic and maintaining integrity becomes a tough challenge. The chances of becoming a social media influencer and getting extremely wealthy are quite slim. The average payment per post can be quite low for years. Even if you have a decent amount of followers you won’t be making any big sums of money for your posts for a very very long time.

Why Not Affiliate Marketing?

Affiliate marketing holds the risk of not getting paid. Most people fail at affiliate marketing. Although the bar to entry is low, to succeed they do not invest enough time and energy in increasing awareness and knowledge of the products that they sell. It requires a good amount of study and understanding to create content for affiliate marketing that will attract the right traffic and get leads and make sales.

Compared to starting a virtual assistant business it’s a risky route to take and also doesn’t promise a decent ROI.

Whereas in a VA business you will make money proportional to the value you provide.

On top of that, you could use affiliate marketing to make up a small stream of income in your virtual assistant business through the recommendations you make to your clients and prospects as an added bonus. Affiliate marketing cannot make you a quick, full-time income though.

App or Website Developers Make A Lot Of Money, Right?

Unlike virtual assistance, where you can start with the skills you already have, app and web development rely on the right knowledge and specific skill sets. You will need a lot more time prepping and learning before you are ready to get your venture off the ground. You will need to invest in hardware and software right off the bat. Some more cons of being an app/web developer are potentially long working hours, heavy workload, monotonous work, you get the point.

On the other hand, a virtual assistant business can help you live your digital nomad life dreams without being stuck to your laptop for half your life.

Check out the Best 5 VA services to offer with no experience!

Online Coaching Seems To Be Making A Lot of People Rich These Days…

Online coaching and consultation come with their own set of challenges and can quickly become overwhelming. There is a lot to be done from creating the content to finding the time for marketing and building relationships with clients. It can get tough to find a work-life balance in this business. Finding leads and gaining new clients can be tricky if you do not have an audience or anyone interested in your business already. Building a business strategy, booking and scheduling, and adapting to new technology can be challenging. The biggest disadvantage of a coaching business is that it’s harder to scale. As your income is tied to your time there will always be a limit on how many clients you can take on. There is no leveraged income.

On the contrary, a virtual assistant business offers a lifestyle full of freedom that will make you an all-around happier person! A pro tip to remember is charging by the project or on a monthly retainer to ensure you get that time freedom in being a service provider.

Pin this post to your business planning board on Pinterest and by the way, I created this Calendar Template to help you manage tasks each week to keep you on your way to your first client!

I would also love to see you in Build Your Virtual Assistant Business Bootcamp before the price goes up this Fall 2022! Click below to learn more.