Virtual Assistant

Provide administrative support remotely to entrepreneurs and businesses

Startup Cost
$100-$300
Difficulty
Beginner
Time to Profit
1-2 months
Profit Potential
$2,500-$8,000/month

Overview

Virtual assistants (VAs) provide remote administrative, creative, or technical support to busy entrepreneurs, executives, and small businesses.

Tasks range from email management and calendar scheduling to social media management, customer service, bookkeeping, and project coordination.

The VA industry has exploded as businesses embrace remote work and outsourcing.

Entry-level VAs charge $15-30/hour while specialized VAs (with skills like Infusionsoft, podcast editing, or bookkeeping) command $40-75/hour.

You can work as a generalist or specialize in niches like real estate, coaching, e-commerce, or podcasting.

Platforms like Belay, Time Etc, and Fancy Hands hire VAs, though building your own client base offers higher rates.

Success requires reliability, proactivity, and mastering tools like Asana, Slack, Zoom, and Google Workspace.

Many VAs start part-time with one client, then scale to full-time with 3-5 retainer clients.

The business can evolve into a VA agency where you manage a team serving more clients.

Required Skills

  • Organization
  • Communication
  • Time Management
  • Tech Savviness
  • Problem Solving

Pros and Cons

Pros

  • Easy to start with existing admin skills
  • Steady retainer income from ongoing clients
  • Remote work from anywhere
  • Diverse tasks prevent boredom
  • Can scale to agency model

Cons

  • Starting hourly rates are modest
  • Can feel like having multiple bosses
  • Time zone coordination challenges
  • Limited income growth without specialization
  • Client dependency for income stability

How to Get Started

  1. List your administrative and technical skills
  2. Choose target market (coaches, real estate, e-commerce)
  3. Create service packages and pricing structure
  4. Build simple website or LinkedIn profile
  5. Apply to VA platforms (Belay, Boldly)
  6. Join Facebook groups where ideal clients hang out
  7. Offer trial period to land first client

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