Why are Startups and Small Businesses are Choosing to Hire Virtual Professionals
Are you wondering why all of sudden, virtual assistance became a thing in the Philippines? If yes, I’ve got answers.
Nowadays, business owners are experimenting with new approaches and hacks in doing business that give them their desired results. When they find the effective ones, they stick with them and put them in the books. One example of these smart approaches is through leveraging and delegating their work to virtual professionals. There are a lot of factors that made startups decide start hiring their employees online.
Here’s a list of them:
- New wealth and business mindsets. Since the rave about Tim Ferris’ book, The 4-hour Work Week started, the workplace evolved from the traditional 9 to 5 jobs, into new better setups, and whatever setups they will turn out will depend on the goal of the business and its owner/s. According to Ferris, most people’s goals aren’t actually to be millionaires. The end-goal is to experience what they believe only millionaires can do, be and have. These include the time and financial freedom to create the life they want. He shared that one way to achieve these two is by automating income while using their time wisely, and that is through creating online businesses that will produce income, and delegating the unimportant yet time-consuming work to virtual assistants from third world countries. That way, she’ll be able to create her own money machine and hire someone trustworthy to help her achieve that. Because of this new perspective in doing business, a lot of people have been creating virtual businesses and hiring virtual assistance.
- Demand for cheaper alternatives to reduce business costs. In the same book, Ferris emphasized that these business owners should hire employees particularly from developing countries because they can produce the same amount of work, with a fraction of what the clients will pay for compared if they hire someone from their own country. How smart is that, right? This new approach of acquiring human resource started the demand for Indian and Filipino VAs. Hence, the rise of the numbers of Filipino virtual professionals. Other costs that can be deducted are the real estate and operational costs. Businesses save hundreds to thousands of dollars per month for not having to pay for a physical office, equipment and stationery.
Technology is improved. New technology and studies that aim to improve humans’ way of living are introduced every single day, resulting for more opportunities to open up for people like you and me. Nowadays, all you need is a WiFi connection, a laptop, your creative hunger, and some life-hacking skills, you’re good to go creating the lifestyle you want. Because of new apps and software that allow us to work with another human being thousands of miles away, virtual jobs are made possible.
- The new generation thinks differently. “Traditional” approaches do not really appeal to the new generation anymore. The younger generations in the workplace are known for transferring from one company to another, and this is an issue that most companies are having problems with. They are most likely to stay if they are happy with the job, and if they are not, they look for better options. This issue pushed a lot of companies to take more care of their employees and adjust to them, because they know that if they don’t keep up, there is a big chance of them losing their top talents for another remote job offer. While most online clients are from small businesses and startups, a lot of big companies are starting to implement working from home to some of their workers too. They are encouraged to apply this setup because they don’t want to lose their best employees for jobs that offer more flexibility and mobility, which for employees is so hard to say no to. These smart companies include the big ones like Buffer, Trello, Mozilla, Toptal, Automattic, Zapier and many others. Our team predicts that soon enough, most companies everywhere in the world will start implementing remote working too.
- Limitless talent from anywhere in the world. Some big companies are already hiring remote workers because they know that the best talents of the world may not be within their city, or even country. Some companies want the best people to work with, so they search from different parts of the world until they find the best employee for the job. Startups and small businesses with very limited capital prefer to look for competent virtual professionals from developing countries such as the Philippines. That means paying less without having to compromise quality work.
- Boost employees’ well-being. Some studies theorized that humans prefer to work in different ways. Some people love to work in an office, some prefer to work alone, some prefer to work with a team, some like to work in serene environments, and others like it in chaos. These things being said, remote working provides more happiness to people who prefer to work alone and work at their own preferred space. A study in TINYPulse demonstrated that virtual professionals are happier in their work because they enjoy the freedom and flexibility that working remotely offers. These people had chosen this path because it suits their preferences, and ended up happy employees.
- Remote working boosts productivity. At the same study, 91% of the respondents felt more productive working from home. They tend to finish more tasks because they are more focused and less stressed.
And what’s great about this is, more and more startups are looking for virtual professionals everyday. So, many jobs opportunities are available for Filipino virtual professionals.
Want to work as a virtual professional but don’t know where to start? No worries. We got you. We created a free eBook for you! Just sign up as a virtual professional at Work with Juana, and get the free eBook upon sign up. We’re excited for you to be part of our community of Juanas.