Hiring virtual assistants (also known as VA’s) is something that’s becoming increasingly popular amongst the working world. I’ve outlined a few of the best reasons why you should hire a VA:
1. Geo-arbitrage – What is geo-arbitrage? It essentially means that you can hire someone from another country (hence the ‘geo’) for a much cheaper rate than you’d pay at home. Some countries in the Eastern world (such as India and the Philippines) are a lot cheaper than Western countries (such as the UK and the USA) so they can afford to work for less.
2. Favourable time differences – If you someone that lives on the other side of the world they’ll naturally have a difference sleep pattern to you (because the sun rises and sets at different times for them). One way of using this to your advantage is by setting them some work to do at the end of your day (let’s say 5pm MDT). They’ll receive this work as their day is starting, giving them a whole day to finish it. Once they’re done, they can simply email you the results which will be waiting in your inbox by the time you wake up the next day!
3. They’re not employees – VA’s aren’t employees of yours – they’re contractors. This means that you don’t need to provide office space for them or pay them benefits. This also means that they have to pay for their own business supplies (such as stationary and computers).
As you can see from this list, there’s never been a better time to hire a virtual assistant!
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