How Hiring Virtual Assistants Can Ruin Your Business

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According to Goldman Sachs, there are three areas affecting demand. 1️⃣ Large Millennial Population 2️⃣ Lack of Workers 3️⃣ Rising Foreclosures In this episode of An Investors Journey, we will discuss these 3 reasons why the housing shortage will last for years.

This video stresses that hiring VAs prematurely, without a solid foundation, can ruin your business. Instead, it's crucial to establish proven systems, test them, and achieve profitability before delegating tasks to VAs.

For more information and a free guide on the 9 pillars of a successful acquisition business, visit the link below or join the PRYME Wholesaling Method Facebook group.

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Watch the full episode to learn more!
πŸ‘‰Β https://youtu.be/CKUbJTe5nrQ

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⏰TIME CODES⏰

0:00 βœ… How Hiring Virtual Assistants Can Ruin Your Business
0:41 βœ… The problem: Spending too much on VAs without generating revenue
1:48 βœ… Pillar #9: Hiring VAs should come after having a working business
2:24 βœ… Common mistake: Hiring VAs for tasks like cold calling before testing the system
3:39 βœ… Warning: Hiring VAs prematurely is a recipe for failure
4:12 βœ… The right way: Hiring VAs for systems that are already proven and profitable
5:04 βœ… Cold calling success: Making $600K in 4 months with a team of two
6:08 βœ… First VA to hire: An administrative VA for data pulling, cleaning, and uploading
7:21 βœ… Training VAs: Recording processes and having them demonstrate understanding
8:18 βœ… Specialization: Assigning VAs specific tasks to become experts
9:21 βœ… Prerequisites for hiring: Making $300K-$500K as a solo investor
10:27 βœ… Using a VA for market data analysis
11:29 βœ… Cold calling VAs: Only for weeding out bad numbers, not initial contact
13:10 βœ… Importance of testing the system before training VAs
14:25 βœ… The problem is never the VA, but the lack of an effective system
15:31 βœ… Hiring an Acquisition Manager instead of a VA for cold calling
16:21 βœ… Offer: Free PDF on the 9 pillars for a successful acquisition business

Watch the FULL talk Here: πŸ‘‰πŸ‘‰Β https://youtu.be/CKUbJTe5nrQ

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πŸ“½ βœ‚ Video editing is done by https://www.instagram.com/directordreday/

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⭐ Here's more on how to invest in real estate: ⭐

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β˜…β˜†β˜… Related Episodes πŸ“Ίβ˜…β˜†β˜…

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DISCLAIMERS:

Please always check with a professional before making any moves with your money. These videos are for educational purposes only. No official financial advice is being given. Never listen to anyone online who tells you to not check with a professional!

Affiliate Disclaimer: These descriptions usually contain affiliate links. If you decide to purchase a product through one of them, I will receive a small commission at no cost to you. I never endorse products that I have not personally used myself or that I have not found to be beneficial in my life.

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