![]() ![]() Things like health insurance, supplies (like a computer), the internet, taxes, and invoicing software. I forgot to factor in the cost of benefits that I would need to keep myself healthy, both personally and as a business. So, I took that annual salary and divided it by 52 and then again by 40 to get an average hourly rate. When I first started working as a virtual assistant, I Googled something like, “assistant salary.” This popped up a database that gave me an average salary for an executive assistant living and working in my city. Professional remote assistant how to#How to Calculate the Cost of Your Virtual Assistant Okay, now that we’ve gotten that out of the way, we can talk about the dollars and cents. It takes time and energy to hire and support someone if they’re new to your team. On the contrary, hiring help is a luxury and an investment. I start here because that’s one of the biggest misconceptions about hiring help-that everyone can do it. You can find someone who matches your budget. But if you’re ready to spend some money on hiring help, the sky is the limit. If you’re struggling to feed your family or pay your rent, you might want to put your money there before you make any further investments. We’re all here to help make your life better (while making ours great, too!). Nannies, dishwashers, cleaning crews, meal delivery services, and yes, virtual assistants. That’s why “help” is even a thing people pay for. You can spend your money, time, and resources however you want.īut isn’t that the big goal in life? To spend your time, money, and resources on doing what you truly love? Sometimes you even have to take out a loan. It’s a new line item in your budget and new expense to account for.Īnd you know, sometimes you have to forego that bottle of Dom Perignon with dinner for the sake of your investment. The bottom line is this: Hiring help is an investment and you need to think of it that way. So don’t for a second think that whatever is in your bank account is a determination of how successful you will or will not be. And I can tell you from my own perspective that money is not an indicator of success or happiness. I have taken a vow to never judge a potential client (or anyone, for that matter) on their money situation. This has never been more clear to me than right now, when I have the exact same conversation with two different clients and one responds with, “Hell yeah, let’s do this!” and another responds with, “This is way outside my budget.” Instead of keeping these conversations personal, I decided to share with you the down and dirty, the nitty gritty, the harrowing details of what a virtual assistant typically costs and how their rates are determined.Įveryone has a different perception of what “expensive” means. Me: “Well, my friend, that’s where you’re wrong.” ![]() Them: “But I’m pretty sure I can’t afford it.” Me: “Great! That’s a good place to start.” Here’s how a common conversation with friends, new business contacts, and colleagues goes: ![]()
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