The True Cost of Not Outsourcing: Unveiling the Benefits of Hiring Virtual Assistants

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Ever think about outsourcing? Not sure where to start or how it works? You’ve come to the right place. This article goes over the true cost of not outsourcing and unveiling the benefits of having a virtual assistant. 

cost of not outsourcing

Alright, let’s talk about being busy – that elusive badge of honor that seems to have taken over our lives.  “I’m busy; therefore, I matter,  and I’’m important.” But let’s cut through the noise for a moment. Being busy doesn’t necessarily mean you’re effective, despite what our overworked culture might lead you to believe. And if you’re an entrepreneur, you’ve probably found yourself buried under a mountain of routine tasks that make you wonder if you’re in the business of being busy or if you’re actually moving the needle. 

The Cost of Not Outsourcing

Many entrepreneurs find themselves swamped with routine tasks that could be easily delegated or doing tasks they simply don’t enjoy. This prevents them from dedicating their time and expertise to more high-value activities. This misconception can hinder growth and progress in business. By not outsourcing tasks that can be handled by virtual assistants, individuals inadvertently focus on low-value tasks that could be easily delegated.  Think back to the last year, the last two years, and the last five years. What actions made an impact on your business? Make a list of those actions and keep it as a reminder of your areas of expertise and what you need to spend more time focusing on. Anything outside that list, think about how and what type of person that could be delegated to. 

We have to stop undervaluing our skills. Time is a finite resource, and how it is allocated can greatly influence the trajectory of a business. When business owners are bogged down by administrative chores, they lose the chance to engage in high-value work – tasks that require their unique skills, experience, and expertise.  Examples of high-value work may include strategic planning, client relationship management, product line expansion, creative problem-solving, and decision-making. By hiring virtual assistants to handle mundane tasks, individuals unlock the capacity to channel their energy into activities that directly impact growth.

What Kind of Tasks Can VAs Help With?

  •  Email Management: Sorting, responding, and organizing emails to ensure important communications aren’t missed.
  • Calendar Management: Scheduling appointments, meetings, and events to keep your calendar on track.
  • Travel Arrangements: Researching and booking flights, accommodations, and transportation for business trips.
  • Data Entry: Inputting and organizing data into spreadsheets or databases.
  • Research: Gathering information, market trends, or competitor analysis for strategic decision-making.
  • Social Media Management: Posting content, responding to comments, and monitoring social media accounts.
  • Customer Support: Handling inquiries, providing support, and addressing customer concerns.
  • Content Creation: Drafting blog posts, social media updates, or newsletters based on provided guidelines.
  • Document Formatting: Creating professional-looking documents, presentations, and reports.
  • Appointment Scheduling: Coordinating and confirming appointments with clients, partners, and stakeholders.
  • Online Research: Find resources, articles, or contacts relevant to your business goals.
  • File Organization: Organizing digital files and documents for easy access and retrieval.
  • Basic Bookkeeping: Managing expense tracking, invoices, and financial record keeping.
  • Proofreading and Editing: Reviewing documents for errors, consistency, and clarity.
  • Inbox Filtering: Sorting and prioritizing emails, flagging important messages for your attention.
  • Event Planning: Coordinating logistics for webinars, workshops, or conferences.
  • Personal Errands: Handling personal tasks like gift shopping, booking appointments, and making reservations.
  • Online Outreach: Reaching out to potential collaborators, partners, or influencers on your behalf.

Imagine a seasoned business owner spending hours every week on email correspondence and scheduling appointments. This scenario highlights the opportunity cost of not outsourcing. While the business owner’s expertise lies in negotiating and strategic thinking, the time spent on administrative tasks detracts from their ability to make higher-value decisions. The monetary value of their expertise far outweighs the cost of hiring a virtual assistant to manage their administrative workload. By not delegating, professionals inadvertently dilute the value they bring to the table. The value of your expertise far outweighs the price tag of hiring a virtual assistant who can elegantly manage those admin waters.

Steps to Take Before Outsourcing

In the world of entrepreneurship, relinquishing control is a strategic move that shouldn’t be underestimated. As business owners, we often feel the need to micromanage every detail, yet this approach can be counterproductive. One person can only do so much work in a day, and if we are working on low-level tasks, we are distracted from making higher-impact decisions. 

cost of not outsourcing

Understanding the true cost of not outsourcing is the first step. To harness the benefits of hiring virtual assistants, consider the following action steps:

  • Identify Time-Consuming Tasks: Make a list of tasks that consume a significant portion of your time but don’t require your specific expertise. These are prime candidates for outsourcing.
  • Evaluate Potential ROI: Calculate the time you’ll save by outsourcing these tasks and estimate the value of the high-impact work you can dedicate that time to. Compare this potential ROI with the cost of hiring a virtual assistant.
  • Find the Right Fit: Research and connect with reputable virtual assistant services or individuals who align with your needs and values.
  • Delegate Wisely: Clearly communicate tasks, expectations, and goals to your virtual assistant. Regular check-ins and open communication are key to a successful partnership.
  • Monitor and Adjust: Keep track of the impact outsourcing has on your productivity and overall well-being. Adjust your approach as needed to optimize the arrangement.

The idea of the perfect assistant is a fallacy that takes away from us taking action and hiring someone. The first person you hire doesn’t need to be the last person you hire.  Many times my best assistants evolved with me over time. The better I got at delegating, the more empowered my assistants became.  If anything, the first person you hire is an exercise in giving up control and a way to practice the skill of delegating. Delegating is a skill. It is not something people are used to doing since in school we are trained to do our work, and anything “delegated” would be seen as cheating and, we would be punished for it. However, in business, delegation is a crucial skill to help us be more productive and focus on our true strengths. 

What to Look For in a Virtual Assistant

One way to find more success with your first hire is to look for a couple of very specific traits— proactive, resourceful, and the ability to think critically. I want to avoid having to micromanage, therefore I make sure to find people who are problem solvers and able to look things up on their own without always needing step-by-step guidance. These traits will save time and headaches in the long run and I have found my most successful hires vetting for these characteristics. 

In a world where time is money, the true cost of not outsourcing goes way beyond dollars and cents. It’s about missed opportunities, underestimating your brilliance, and throwing away precious hours that could be spent on game-changing moves. By shaking off the misconception that being busy equals being effective and embracing tasks that truly matter, you’re making the kind of informed choices that can elevate your productivity and provide greater freedom in your business. 

If any this article on the true cost of not outsourcing resonates with you, shoot me a message. And if you need help hiring for a role, reach out to us!  Contact us at theresa@recruittandem.com or visit our website at recruittandem.com to fill out our start hiring form. We are a headhunting agency that finds overseas talent for a fraction of the cost.

What Is Outsource School?

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Outsource School helps you to unlock the potential of virtual assistants and accelerate your business growth.

This is the exact system Outsource School’s founders, Nathan Hirsch and Connor Gillivan, used to go from zero to 8 figures and 40+ virtual assistants with an exit in 2019.

Since being founded in 2020, Outsource School has helped 1,000+ business owners hire 2,000+ virtual assistants for their companies.

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Virtual Assistant Skills and Qualities to Focus on When Hiring

  What virtual assistant skills and qualities should I look for when looking for my next team member? Hiring for a position is more than just looking for people with the right sets of hard skills to complete the tasks. You need more than a content writer who can churn out excellent articles quickly. You want more than a graphic designer who is proficient in 3 different art tools. These hard skills are great, and necessary, but you also need hires to have certain soft skills. This is what helps you to work well with them.  In this post, we are going to talk about qualities to look for in pretty much every hire regardless of the position, and why they are essential.  The Changing Landscape of Virtual Assistant Skills Earlier the concept of hiring remote or hybrid employees was a new concept and business owners found it difficult to expect results from them. Now it’s a thing of the past! Hiring virtual assistants has become the new normal, as 70% of companies have turned to VAs as they bring a pool of different skill sets.  Being only good at their job, like creative writing or administrative work, is not enough anymore. VAs need to develop specialized skills like technical know-how or better decision-making skills to deliver results.  There is also an increase in demand (62%) for VAs with specific skills in various industries as they bring fresh ideas to the table. The evolution shows the aggressive changes in workplace demands, technological advancements, and the shift to remote-first business models.  Essential Skills of a Virtual Assistant to Look For As a business owner, you need a virtual assistant who can help your business grow with their unique skills. You need to look for a strategic partner rather than just a task manager. Here are the top skills and qualities of a virtual assistant to look for when hiring: 1. Communication Skills First on our virtual assistant skills list is probably the most important – communication. Imagine what would happen if hires did not pass information clearly or concisely. The work pipeline would get clogged up. Individual team members would get confused about tasks. Misunderstandings would occur frequently and nothing would get done properly.  Beyond speaking the same language, there are several signs that a person is a good communicator.  Listens well and is attentive Takes notes Asks good questions Clarifies Can speak back instructions Relays instructions accurately Can give clear instructions 2. Computer Literacy VAs naturally need to be able to navigate the digital space well. This includes software, apps, tools, and search engines. They typically need to know how to do video conferencing, emails, and the like. They Should also be familiar with the tools in the Google and/or Microsoft suites. At a minimum, they need to be adept in the technologies needed to accomplish their job. A great VA will keep learning how to increase productivity. They will also take steps to become more effective by using new tools and even automation. Additionally, freelancers also need to know how to navigate virtual assistant websites and freelance marketplaces.  3. Creativity These qualities don’t just apply to positions that require creative virtual assistant skills. For instance, you don’t need to be a graphics designer, content creator, editor, or advertiser. Innovation is not job specific. VAs can exercise their creative muscles together with their problem-solving skills. This way, they can come up with new ways of accomplishing tasks.  4. Interpersonal Skills Interpersonal skills go hand in hand with communication skills. VAs need to be able to interact and deal with people at different levels. Most VAs you hire will go under a manager. You will also hire some to be these managers. Either way, they need to be able to work well with others. They must do this to be able to complete projects and attain common goals. Arguably, the best at this are VAs that have worked with several different companies with different cultures.  They know how to: Adapt to personalities and teams Identify strengths and weaknesses Build connections and rapport 5. Attention to Detail Virtual assistants need to be detail-oriented. They do this when checking emails, entering data, and creating content. They also apply this skill when assessing the job description and rundown of roles and responsibilities. Some of the best virtual assistants are those who can spot mistakes that their superiors make. Then they can point them out, ask if it was intentional, and make suggestions to solve them. These qualities should be valued. Attention to detail shows that the VA takes initiative, takes responsibility, and cares about the job being accomplished well.  6. 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How to Hire an Email Management Virtual Assistant (+ Benefits)

  Are emails bogging you down? Do you feel like you’re spending way too much time at your desk answering them? Do you feel like your inbox could use some sprucing up? Maybe you need a complete email spring cleaning! Whichever it is, it sounds to us like you’re in need of an inbox management virtual assistant.  The good news is that you can actually hire one today! But before you go there, we put together a few things that we think you should know about hiring an inbox management virtual assistant. In this article, we are going to be covering  What Is an Email Management Virtual Assistant? Benefits of Hiring a Virtual Assistant for Email Management 11 Tasks to Hire an Inbox Management Virtual Assistant For How Much Does an Email Management VA Cost? What Are the Best Virtual Assistant Websites to Hire From? Case Study: How John Hired an Email VA & Saved 2 Hours Per Day Sign up for Outsource School and unlock our free hiring packet to help you get the best email management virtual assistant. What Is an Email Management Virtual Assistant? Also known as an inbox management virtual assistant, these individuals are responsible for handling your emails. Their duties involve organizing and sorting emails, creating folders and labels to categorize emails, color coding emails to make them easier to locate, and even deleting unnecessary emails or spam. An outsourced inbox VA will even do all of this for you before you get on in the morning! This way, you can start your with a clean and beautiful inbox and avoid all the stress that unkept email will usually cause. Now, that’s just the categorizing part of the job. 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Improved Work-Life Balance You should hire an email management VA if you often check your email when out of the office, including during social gatherings. The VA will respond to incoming emails and only contact you for issues that require your attention. This lets you enjoy your breaks from work and take up hobbies, improving your overall well-being. Professional Communication Email management VAs are trained in effective communication as part of their virtual assistant skills. They are proficient at handling customers, including using the right tone and observing cultural sensitivity. They also align the email responses with your brand communication strategy to give your business a professional image. Cost Advantages Hiring an email management VA is more cost-effective than recruiting an in-house personal assistant. The VA works remotely, so you need not increase your office space or invest in infrastructure to accommodate them. Tasks to Outsource to a Virtual Assistant for Email Management Deleting junk emails and keeping your inbox clear of any unwanted newsletters, subscriptions, or promos.  Forwarding emails to the necessary people within your team or others Archiving old emails that might be useful later so you main box isn’t filled with old mail Responding to emails and setting up automatic replies Some email marketing like sending out mass emails such as newsletters and introductory emails to the selected list of customers Managing your contact list which involves sorting contacts in order of importance or priority, categorizing them with labels (customers, business partners, suppliers, internal team, etc.), adding new contacts, and deleting old ones Sorting emails in order of priority so you know which emails are urgent and which can wait  Some customer support duties like answering customer inquiries  Creating folders and applying labels to emails. Labels add specificity. Folders organize old and new emails for future reference. Setting up filters ensuring incoming emails go into the applicable folders tidying up your main inbox Answering emails about meetings and adding them to schedule  How Much Does an Email Management VA Cost? Virtual assistants have a range of prices depending on a number of factors such as skill level, level of experience, scope of work, specialized knowledge, length of project, are you hiring a VA full-time or a part-time VA, and what country they come from.  If you want an inbox management virtual assistant who does only the admin side of things, then in the U.S. you’re looking at an average of $10-$12 per hour. VAs from the Philippines and India are less costly both averaging around $6-$7 per hour.  Now if you’re looking for a VA who can

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