Are You A Lifestyle Entrepreneur?

We all have different reasons for starting our respective businesses. I started my business so that I could contribute the variety of skills, knowledge & passions that I have. I also wanted more control of my own time to be able to spend with my family, travel & volunteer. I love people, technology and have a knack for building relationships and getting things done efficiently.  So I combined all of these attributes together and formed my virtual assistant business.  

And Magic!

Is this the definition of a lifestyle entrepreneur?

According to Sean Kim at the Huffington Post "The term was coined by Lewis Howes, a former pro athlete, author turned lifestyle entrepreneur. He designed his business around his life, not the other way around using a laptop and an internet connection".

So there you have it. 

If this description sounds like your business journey then I say welcome to this amazing adventure. And if it doesn't I say what are you waiting for?

Let me know which side you are on.

Keep It Sunny!

No Employees Wanted

Image courtesy of Ambro/FreeDigitalPhotos.net

As a solopreneur or small business owner the idea of running your business without employees probably has crossed your mind on occasion. The questions you might have pondered quietly are "Is this possible? Why should I consider this and how can I do this?"  Well, it is possible. Many companies have successfully adopted this business model. And it is on the rise. According to Forbes.com "One third of Americans are freelancers (17 million people), contractors and consultants right now and there will be more of them than full-time employees in six years. Also, "Employers are saving more money hiring freelancers because they don’t have to pay benefits and they are looking to hire experts who can complete specialized projects."  Why should you consider this? There are many reasons why it could make sense to shift from the idea of having employees to working with freelancers or partnering with vendor companies to provide support. Entrepreneur.com cites three good reasons:

a) The business does not have employees available to perform the tasks.

b) Demand is uncertain.

c) The job requires a specialized skill that the company lacks or the business owner doesn't plan to specialize in.

Whatever your reason you might want to consider trying out this business model in your company for a short period of time to test it out to see if it is something that can help you to be more efficient and gain more revenue for your company. Of course we can assist you in one-on-one virtual assistant business support and connecting you with other service providers that you may need. Share your thoughts on this new way of doing business below.

Keep It Sunny!