Hire a Virtual Assistant, Free Up More Time Thus Making More $$$

  • September 15, 2008
  • Offline Savings
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I got this great idea from a book that I’ve been reading called ‘The 4-Hour Workweek, Escape 9-5, Live Anywhere, and Join the New Rich’ by Timothy Ferriss. One of his time savings and money making strategies includes hiring an online or virtual assistant. Timothy Ferriss recommends going with a virtual assistant from India since they run as low as $4.00 an hour. Timothy believes that getting used to making orders instead of taking them is a crucial step on the road to financial independence. You can delegate the tasks that have been hanging over your head to you assistant in India and concentrate on only the tasks that are important to you. If go with an Indian VA due to the time difference tasks can be completed at night while you sleep. One funny example the author gave using a personal assistance is when he had to apologize to his girlfriend. Ferriss had his virtual assistant from India send a love letter to his girlfriend and deliver flowers on his behalf. Some other more important tasks you can outsource include, “Scheduling interviews and meetings, web research, following up on appointments, errands, and tasks, online purchases, creation of legal documents, website maintenance, posting Job vacancies on the Web, document creation, proofreading and editing, online research for updating blogs, and voicemail transcription.” Virtual assistant uses are endless. Some recommended places to start looking for you own assistant are:

U.S. and Canada ($20 per hour+)

http://www.canadianva.net (in Canada)

North America and International ($4 per hour+)

www.elance.com (Search “virtual assistants,” “personal assistants,” and “executive assistants.”)


www.b2bcorp.com ($15 an hour). This is a business only VA.
www.yourmaninindia.com ($6.25 an hour). VA handles both business and personal tasks.

My Review of The 4-Hour Work Week by Timothy Ferriss

  • May 6, 2008
  • Book Reviews
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The 4-hour Work Week: Escape 9-5, Live Anywhere, and Join the New Rich

I just began reading a book that I got on my birthday titled, ‘The 4-Hour Work Week Escape 9-5, Live anywhere, and Join the New Rich’ by Timothy Ferriss.

I’ve only delved into the first 30 pages, but some exceptional words of wisdom spouted by the author Timothy Ferriss hit me. Mr. Ferris says, “If you can free your time and location, your money is automatically worth 3-10 as much.” This fits perfectly for the affiliate marketing lifestyle. Your time is free because you can work as much or as little as you want, even making money while you sleep. Additionally affiliate marketers location is free because you can do affiliate marketing anywhere in the world with a broadband connection.

Going into this quote further Timothy Ferriss explains, “Being financially rich and having the ability to live like a millionaire and fundamentally two different things.” I totally agree with this statement because if you make $100,000 a year, but only have 2 weeks of vacation or less what’s the point of making all that money in the first place? Now say you make $60,000 a year as a Blogger, but only work 2 hours a day and can take vacations whenever they want. Who would you rather be? Conventional wisdom would say the wealthy man making $100,000 a year, but I’d take the Blogger making $60,000 any day. Wouldn’t you rather be Blogging on a tropical island in the pacific than stuck in an office stressed out beyond belief? It’s about quality of life rather than money in the bank.

“Money is multiplied in practical value depending on the number of W’s you control in your life: what you do, when you do it, where you do it, and whom you do it with.” The author calls this the freedom multiplier. Using the freedom multiplier the author argues “the 80 hour per week investment banker is less powerful than the person working ¼ the hours for $40,000.” He looks at the “lifestyle output of the money.”

I like this book so far because it’s counterintuitive. It’s a new perspective on something, especially since the invention of the Internet and the flattening world, is now possible to achieve. Because of the Internet one can be free from time and space and achieve a billionaire’s lifestyle at only a fraction of the income.

I’ll keep you posted on any new revelations I learn from the 4 Hour Work Week!






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