We, as virtual assistants (Vas), generally attempt to grow our business by obtaining more clients or contracts. Now the new strategy is to enlarge our small business by creating a multi-virtual assistant company or organizing a team of Vas to subcontract or outsource projects to. These Vas provide services, which will complement your services rather than compete with them.
More and more virtual assistants are creating multi-virtual assistant companies, while others are subcontracting to other Vas. Normally, virtual assistants who work with multi-virtual assistant organizations or work on a subcontract basis are entrepreneurs themselves. On the other hand, Vas who are in the beginning stages of their business can gain experience and knowledge as business owners while at the same time establish their companies, as well as earn money. Operating a small business requires much more than just knowing how to type or perform any other administrative task.
However, it is a win-win concept because an established virtual assistant (va) can offer more services without having to be skilled in that particular area, as well as have the assistance of up-and-coming Vas. In some...