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Blended Business Model: Remote Work with Traditional Employees & Virtual Assistants

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We all know that businesses are thriving online in today’s information age. So why aren’t businesses proportionally blending their physical and remote practices?

Working from home is actually more productive than working from the office. According to studies from Stanford, it turns out work-from-home employees work a true full-shift (or more) versus being late to the office or leaving early multiple times a week and found it less distracting and easier to concentrate at home.

The fact that the Internet and other modernizations have globalized our economy gives you a chance to scale your business faster and further than ever before, using a blended business model, as many big companies do.

What exactly is a Blended Business Model?

A blended business model is an engineered organizational chart where part of an organization works in-house and another part works virtually.

Symptoms when without a Blended Business Model:

  • Company revenue productivity is suffering because most of your time as the CEO is spent on on-revenue efforts.
  • Your growth curve is flat because you’re stuck with administrative work.
  • You know you need support but do not want to go through the tedious process of hiring, only to have your hires leave after a period of time, thus putting you in a vicious cycle.
  • Your workload is starting to get overwhelming and the quality of your life is suffering.

Hiring Virtual Assistants solve a lot of problems and actually bring many benefits. For example, a full-time Virtual Assistant will cost you 25%-30% the cost of an in-house employee. A Virtual Assistant will have their own equipment and software, and will not take up any precious office space, so overhead costs are cut-down as well. Organizations like MyOutDesk cover HR concerns, benefits and even things like paid time off; while all you do is pay your monthly subscription.

Still curious about MyOutDesk Virtual Assistants? Schedule your Go Remote Business Strategy Session now to learn more!

 

Free Thrive Guide + Strategy Consultation

 

The Stats: Blended Teams Outperform Competitors

Stanford Studies have shown that remote workers show increased productivity by 16%. Those who work from home seem to be more focused with fewer distractions. They also found that employees working in open offices took 62% more sick days than virtual employees.

Deloitte’s Millennial Survey 2017 found that remote work arrangements are “strongly linked to improved performance and employee retention.” Furthermore, 38% of respondents reported they were likely to leave their current employer within the next two years, with many citing work/life balance and flexibility as major contributing factors.

Large companies are benefitting from using a blended employment model. In fact, a new regulation stemming from the Dodd-Frank Wall Street Reform and Consumer Protection Act has given us a clearer picture of the extent to which some of the largest U.S. companies employ global talent.

You might be surprised at the high percentages of global talent that successful companies have reported so far:

  • Kellogg: 80%
  • General Electric: 66%
  • United Technologies: 68%
  • Whirlpool: 80%
  • Merck: 55%
  • Honeywell: 58%
  • Hanes: 80%
  • Mattel: 78%
  • Wal-Mart: 35%

If these major companies employ this strategy, there is no reason that you cannot for your own business as well.

 

MyOutDesk can save you up to 70% on employment cost
Claim a free business strategy consultation & Go Remote Guide

 

Implications of Outsourcing: Virtual Assistants + Traditional Employees = Growth

Employing a Virtual Assistant means that the company is making an investment for the entire team and looking to achieve the next level of excellence and performance. A Virtual Assistant is a full-time addition to the organization, but they will work with you virtually. They can shoulder specific daily responsibilities, help maintain smooth operations, and allow the physical team more freedom to focus on their work.

Imagine not needing to take every distracting phone call anymore, until a relevant call is forwarded to you!

We’re helping to level the business playing field by helping small & medium-sized businesses offshore as the big companies have for years. It doesn’t mean that jobs are going away, but it does mean that more work is available and more income is generated because entrepreneurs finally have the affordable help they need to close more transactions & generate more commissions.

Don’t do this alone. Come out stronger with MyOutDesk.

Find the knowledge + positive support that you need NOW.
Claim a free business strategy consultation & Go Remote Guide

 

Virtual Assistants & Blended Teams

When we founded MyOutDesk 13 years ago, we realized that a virtual assistant living in the Philippines could do all of the clerical work online that an assistant could here in the USA for a fraction of the cost, and when we started helping small businesses to hire them we realized that it was a win-win proposition for everyone.

Virtual assistants have all the qualifications (and often more) than local labor, but at 1/3 the cost — which means you can afford to hire better help for a lower price, and you can afford to employ MORE of that help to grow your business. They’re high-quality labor, with great education and an outstanding work ethic, and available for wages that similarly qualified Americans typically won’t work for.

Blended teams are exciting because it finally means that entrepreneurs can employ a competitive advantage in their business formerly reserved only for top-tier manufacturing companies — like the folks who made your iPhone. Just like them, you’re able to delegate repetitive, non-dollar productive tasks to a virtual assistant, which in turn helps you focus your time & energy on what actually makes you money.

The fact that the Internet and other modernizations have globalized our economy gives you a chance to scale your business faster and further than ever before, using Virtual Assistant services. Demand for virtual talent is increasing because it works for most business owners. Simply put: it is good for business.

To learn more comprehensively about the blended business model (as well as other awesome strategy guides) schedule your Go Remote Business Strategy Session today and find our how a MyOutDesk Virtual Assistant can support you to boost your business.

 

Claim a free business strategy consultation & Go Remote Guide

 

Marvin Mitchell: Making a 20x ROI with Virtual Assistants!

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Marvin is a top-ranked, nationally recognized financial advisor with a focus on helping people invest & save more wisely for their golden years. As the founder of Compass Retirement Solutions, his team leverages MyOutDesk virtual assistants for both administrative & inside sales roles, and on average, they’re making him over a 20x ROI – and sometimes even more.

“My virtual assistant made me $43,000 in commissions less than half an hour ago, so if you’re still on the fence about hiring one, my advice is: just do it. The ROI on our virtual assistants is amazing – it’s definitely going to finish the year over 20x…”

Marvin isn’t just leveraging his ISAs for prospecting: he’s also using them to prequalify prospects, which saves his team of advisors countless hours – and lets them focus on advising only qualified prospects who are ready to take advantage of his expertise. This is only one of the many strategies Marvin has used to grow his business into the #3 financial advising firm in the United States. Take Marvin’s advice: just do it! Schedule your Double My Business Strategy Session now!

Marvin grew up in a working-class family in St. Louis, with little money. The first in his family to earn a college degree, Marvin put his law school education on hold to help care for his grandmother after she was diagnosed with Stage IV cancer. Marvin soon discovered that, although his grandmother had worked her whole life, she was still susceptible to financial turmoil as a result of poor financial advice and a stock market crash. Inspired to help other, hardworking retirees, Marvin became a broker for a large financial institution in 2005 before founding Compass Retirement Solutions.

“Once we get that lead, that’s where my MyOutDesk virtual assistants come in – they’re following up on those leads, getting them on our calendar and making our time more efficient. It saves us literally hundreds hours of time because we don’t have to skim through all of those individuals to find the most qualified people – and it’s changed our average case size from $325,000 to over $850,000!”

In 2016, he received the Salute to Business Excellence Award as voted by the St. Louis American Newspaper, and also that year, he was an honored recipient of the St. Louis County NAACP Distinguished Legacy Award. Schedule your Double My Business Strategy Session now, and drill down on doing your one thing to the absolute best of your abilities.

Leadership Strategies for Crisis Management with Scaling Coach Bill Gallagher

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Tune in as we discuss leadership strategies for – crisis management, executing flexibility, accessing pivots & improving your cash position. Schedule a free Thrive Strategy Call today.

 

This special webinar includes 𝗙𝗥𝗘𝗘 limited-time access to:

  • 1) Famous book “Scaling Up” + tools & worksheets
  • 2) #1 bestselling business book “Scaling Your Business”
  • 3) Business strategy consultants + thrive guides

 

Free Thrive Guide + Strategy Consultation

 

We’re joined by Bill Gallagher, CEO of Scaling Coach. Bill Gallagher is a business coach and master facilitator with over 30 years of entrepreneurial and executive experience. Bill has spent the last 15 years coaching and training others in leadership and performance and previously led 4 companies of his own and been a partner or executive in 2 others. Bill discovered the Rockefeller Habits and Scaling Up 20 years ago, has used them in his own companies. 

 

Today, Bill coaches leaders and teams across more than 25 cities in 11 countries and the host of the Scaling Up Business Podcast. He is a passionate and playful presenter, and his clients, at all stages, share a hunger to grow successfully with an openness to new approaches and thinking.

 

It costs tens of thousands of dollars to attend one of Bill’s Scaling Up Institutes, and today you can access his timely knowledge here for free! If you need help or want to explore some ideas, book a Schedule a free Thrive Strategy Call today.

 

Free Thrive Guide + Strategy Consultation

 

Bill shares his strategies to lead in today’s uncertain times.

  • Lead Without a Plan — Although this sounds like terrible leadership, IF you relay that you’re FIGHTING through any crisis and problem, and when you work collectively with your team, you can figure out and make astounding pivots with your leadership.
    • Continue to hold the vision and communicate
    • Fight like hell
    • Ask your people for help
  • Radical Requests — Get access to improving the situation. Instead of feeling confined, ask what you really need! Don’t wipe yourself out, BUT work with a solution — For example, with clients & prospects, you can ask, “What do you need? What can I do for you instead?” It can help you turn situations around and come out with success and growth!
  • Name That Feeling — it takes courage to show emotions, and courage needs strength, to be a whole human! Nobody’s great—there are moments that you are, and moments that you’re not. Emotions make you human. There is power and courage in being a leader. Being human as a leader gives your people a truth, that you’re not faking it to make it. Self-awareness & mindfulness. Calling it out as a practice of acceptance—it becomes a powerful thing. Call it out and go with it!
  • Execute Flexibly — Working remotely to keep the business going. Technology can help you manage virtually. At the same time, don’t change or abandon your long-term vision and goals. Shift priorities, or even strategies! Metrics and dashboards? It might be missing since you moved virtually. Some tools and apps can help you out and keep it up. This helps people know if we’re collectively hitting metrics and KPIs. Keep the progress visibility out there!
  • Let People Get Off the Bus — People who continually resist might not be a good fit in your environment. There might be a better place for them to win. How do you get people in this space and get the right request out there? By leading up in the front and leading by example. Work with your team, and ask them what they can do. Keep nudging them up. Make a list of radical requests and have them do one while you are encouraging and helping. Fully appreciate and acknowledge the radical request from both perspectives.
  • Be a Trend-Spotter — Acknowledge the weaknesses and strengths in the world and yourself right now. What do they need? What can you do better? Pivot your business around what people need, and you might see opportunities. This might be the same business to different people, or a different business for the same people. Look for trends far outside the norm, and look broadly across the world. Bill shares his SWT tool—strengths, weaknesses, and trends. Start using this tool for in your industry, then for your region, and afterward go even broader!

 

Free Thrive Guide + Strategy Consultation

Quality Talent Acquisition: The Process & Systems for Predictable Results!

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In this special webinar we share an effective & proven recruitment model that is entirely process-driven, where you can find predictable results in bringing high-caliber talent into your team.

What you’ll learn in this webinar:

  • The biggest mistakes that businesses make with talent acquisition
  • Bulletproof Process on Ad Placements
  • How to take advantage of short term opportunities in our labor market

 

MyOutDesk can save you up to 70% on employment cost
Claim a free business strategy consultation & ‘Grow Virtual’ Guide

 

In today’s unprecedented time, there is a real opportunity to grow your business.

BIG NUMBERS: 50k people per day are applying for unemployment. This is a time to take advantage of the short-term trend. Talent has never been more available and affordable.

Normally, there is a huge gap between the number available workers and the number of available jobs. Usually, there are more available jobs than qualified, quality workers. 

When COVID-19 hit, this caused lots of layoffs

Today during the pandemic, the trend has changed, and there are more quality workers who are ready for hire. This massive shift in the market will eventually go back to normal.

If you have the foresight, start talking to candidates now and have the opportunity to get better people who were laid off by older, destabilized companies.

The labor opportunity window is open right now.

 

TALENTED LABOR WITHOUT DISTANCE LIMITATIONS

For almost any function that can be done remotely and doesn’t require physical space, virtual assistants for recruitment, marketing, & administrative jobs are cost-effective and allow us the adequate focus & time for our functions.

MyOutDesk Virtual assistants are known to exceed expectations in providing excellent customer service and seamless administrative operations.

We will save you up to 70% on employment costs with experienced virtual assistants, precisely matched for your strategic needs. To book an interview with those in our talent pool, click here. 

 

MyOutDesk can save you up to 70% on employment cost
Claim a free business strategy consultation & ‘Grow Virtual’ Guide

 

Patrick Johnson, CEO of Talentuition (a MyOutDesk client) provides Recruitment Process Outsourcing (RPO) services to Professional Employer Organizations (PEOs). They focus on “process outsourcing” more so than traditional headhunting or recruiting.

 

Recruitment Fundamentals
  • The mistake in prioritizing skills & experience over culture fit & talent.
  • Recruitment should follow this order: Culture fit, talent, skills and experience
  • There are two things you can’t teach people: culture fit & talent. So skills and experience can follow.

 

What is culture fit when hiring?

The right candidate who matches your culture is the one you’ve considered once before, (think this mentality) : “We’re not ready to hire yet, but as soon as we do we want you.”

When hiring, culture fit usually gets bumped down when skill sets & experience get prioritized over. Again, remember to prioritize in this order: culture fit, talent, skills, experience. This webinar goes into detail on the technicalities of posting your jobs while attracting the right culture fit.

 

How to know if it’s talent or not

In basketball drafts, Player A has played ball 10 years and they know how to do everything (he has the skills & experience). Player B is someone who can do the shots, the dunks and the plays — he has the talent! With the both of them together, the culture is the team.

Tip: People apply to several companies at the same time — so the response you make puts you out there in front of other companies for the candidate. Never be that employer who doesn’t reply to any questions.

 

2 Reasons to Recruit Now

#1 Lots of people got laid off with the pandemic, even those who had 10+ years & are highly sought after — you can get them now!

#2 Now is also the perfect time to make time investments to your business, use the downtime so you can push your curve steep when you bounce back.

 

Contact:

You can contact Patrick Johnson at Patrick@talentuition.com, visit their website: talentuition.com, or email info@talentuition.com.

You can connect with Daniel & MyOutDesk to leverage virtual assistants. We have a vested interest in your success! Every MyOutDesk client wants to maximize the ROI on their investment in virtual assistants. Our CEO Daniel Ramsey hosts a live mastermind discussion with MyOutDesk clients and discusses tactical, practical & utterly invaluable strategies to best utilize a virtual assistant while you scale your business!

 

It’s time to gain market share new by leveraging virtual assistants!

‘Grow Virtual’ with MyOutDesk Today

Access more business guides & Schedule a free consultation today!

 

Growing Your Digital Marketing Agency & Drive Revenue | With Matt Buchanan

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Marketing agencies need bandwidth in order to create impactful reach for their clients and to continue to scale their business.

To scale an integrated enterprise of marketing professionals, it can get very expensive, and without strong capacity meets less marginal profits. (FYI: You can save over $90k per year.)

 

 

With any growing marketing agency, more clients means balancing more nuanced tasks and roles. When marketers take on too many assignments, their creativity can take a dip. Often, marketing agencies opt to use freelancers to complete minuscule tasks on the agency’s behalf on an ad-hoc basis.

Matt Buchanan is the founder of Pioneers of Marketing. His marketing agency helps well-known clients each earn over 1.5M on social media through direct messaging — and that’s only one revenue stream!

Matt has 4 MyOutDesk Virtual Assistants working for his marketing agency! “They are very professional & very timely. I’m grateful for them and for all the wisdom shared by MyOutDesk. The people you bring to us are top notch people. In all seriousness, I have to say that!”

If you need help or want to explore some ideas, schedule a free Strategy Consultation today.  

 

Monetizing Social Media: Direct Messaging to Drive Revenue

In this interview, we’re truly diving deep on tried & true methods to scale through direct messaging marketing. Social media is all about principles, guaranteed 100% to work every single time.

Matt shares the idea of having the right mentality about the marketing principles:

  • Be open minded
  • Be patient
  • Execute what you set

If you follow these proven principles of social media, they’ll 100% drive results. 

 

The video elaborates on the 2-step process for social media success:

  1. BRANDING
  2. ADVERTISING

Don’t do this alone, but with the MOD Family.

Free Grow Virtual Guide + Strategy Consultation

 

THREE PILLARS OF CREDIBILITY and BRANDING for FB, IG and LI

(The main social media networks you focus on)

1 – Audience

You need an audience and followers, having the audience gives you the altitude and credibility — we live in a world of perception, remember that!

How to build an audience: Go to an online event or an in-person event. Make it your intention to connect on socials. Have the goal to make viewers  follow you on socials, like “follow me on XX, YY, ZZ for more updates, for a replay, for a special offer, to connect, etc.”

Your goal is to take offline relationships online and vice-versa. You may also collaborate with people who already have an audience or have a good reach. 

2 – Content Through Facebook and Instagram Stories

Post IG stories, at least 6x a day from your personal account

What should you be posting? Cycle between these 3 types: personal, professional and lifestyle

  • Professional — brings value for your audience
  • Personal — connect as a person instead of just a logo—remember people want to do business with a person, not a logo
  • Lifestyle — documenting the life you live (your “human interest aspect”)

3 – Content Through Wall Posts

Stories vs. Wall Posts: Wall posts are highlight reels. they stay forever unless you delete it! Stories drive traffic and are more intimate since it’s available for just 24 hours. Stories shouldn’t be edited too much or not edited at all!

All the while, wall posts are permanent — it’s the face of your brand and company. They will never go away. So, only post what you want to last, but use the three content types mentioned. Throw in a lot of content, especially when you’re starting out. But, keep it to 3-4x a week if you’ve built an audience already. All of your promotions and posts should also go to your personal account.

 

Reference: https://www.instagram.com/matttbuchanan/ & https://www.instagram.com/pioneersofmarketing/

As you can see promotional posts aren’t on the business accounts too much. Use your personal page for credibility building and brand association.

 

OFFER:

For a free social media evaluation, text Matt: (908) 914-1888.

Follow and DM Matt on IG: https://www.instagram.com/matttbuchanan

 

Additional Tips:

Are you afraid of DMs? What do you say when you start a convo?

  • Understanding it in simple basic form — all social media is just a networking event
  • When you meet somebody in person — think about how you do it in real life: Introduce yourself!
  • “Hey how’s it going, saw your page/profile here, and want to get connected”
  • “Nice connecting with you, I have a great idea. I’d love to share it with you, what’s your cell? Can we chat about it?”
  • If they reply, send a text from your phone.
  • Ask: “When’s the best time to talk with you”
  • Depending on how credible you are, that’s how many people will reply to you. A response rate of 5-6 people out of 25 is a good start.
  • The higher your credibility, the more responses and messages you’ll get.
  • If they don’t respond, move on to the next.
  • Get used to rejection, don’t take NO personally—it’s going to happen.
  • Focus on the few that respond.

Don’t do this alone, but with the MOD Family.

Free Grow Virtual Guide + Strategy Consultation

Cannabis Business: How long has marijuana been used by humans?

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Cannabis Business (or Canna-Bus, get it?). If you’re in the cannabis industry, or interested, the stats are in your favor. Inspired by new research that marijuana was used in a temple dating back to 2,700 years  … Today, virtual assistants help lead cannabusiness to success and outperform competitors.

Since the shelter-in-place orders, cannabis & CBD products sales have only INCREASED. If you need help, or want to explore some ideas, schedule a free Business Strategy Call today.  

 

[Considering a Virtual Assistant?]

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Fun Facts – How long has humans used cannabis?

Worshippers at a Jewish temple dating back more than 2,700 years got high on cannabis, according to new research. The researchers wrote, “It seems feasible to suggest that the use of cannabis on the Arad altar had a deliberate psychoactive role.”

2,737 BCE First recorded use of cannabis as medicine by Emperor Shen Neng of China.

23-79 AD  Pliny the Elder’s The Natural History mentions hemp rope and marijuana’s analgesic effects.

 

HOW VIRTUAL ASSISTANTS ARE HELPING CANNABIS BUSINESSES GAIN MARKET SHARE

 

Virtual Assistants offer INDISPENSABLE help that allows your business to make quicker + more informed decisions.

 Your Cannabis Business Virtual Assistant can take on:

  • As the go-to administrative support assistant
  • As the default note-taker for all business meetings
  • Compiling all reports (KPIs, sales, customer demographics, employee performance)
  • Helping + organizing all managers
  • All digital marketing, flyers, templates, website maintenance, blogs, & ads
  • Fulfillment, logistics, & customer service

[Considering a Virtual Assistant?]

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8 MARIJUANA VIRTUAL ASSISTANT CANDIDATES, NO SWEAT

“We went through at least 8 candidates & interviews”

Tony Trinh’s delivery & consulting business SAVED valuable time by allowing MyOutDesk to help recruit and organize 20-30 minute interviews, recruitment ads, phone screening, interviews, background checks, personality profile, and final interviews.

 

Here are the trends: The legal cannabis industry is reported at 78% growth, year-by-year.

  • Marijuana retail is an “essential service” in many states (great for prolonged shelter-in-place orders)
  • Medical & recreational marijuana has inelastic demand (the business is recession-proof)
  • Weed delivery & CBD retail are in high demand, seeing a 65% percent spike in March 2020 alone.

 

NOT ONLY CAN A VIRTUAL ASSISTANT CAN HELP YOU, BUT THE ENTIRE CANNABIS BUSINESS TEAM.

“Why didn’t we do this two years earlier?” shares Tony when asked about how much he’s appreciated his MyOutDesk Virtual Assistant. “If you’re thinking about it, just go for it. We paid off in a month.” If you need help, or want to explore some ideas, book a Schedule a free Business Strategy Call today.  

 

 

Focus on your growth & scale your operations

ENVISIONING OF A NEW REALITY FOR YOUR Legal Marijuana / CBD / Cannabis BUSINESS

Simply put, MyOutDesk equips entrepreneurs & business owners with tools, strategies, and virtual employees – and when combined, businesses have a competitive edge and find growth while efficient systems and processes are put in place.

MyOutDesk proudly provides additional free business growth guides, books, and strategy calls.

See what we are about, and schedule a free consultation with us. We’ll take the time to learn more about your legal marijuana, CBD, or cannabis business and offer solutions to foster top talent and lower operational costs for your company.

 

Experience The Difference
MyOutDesk can save you up to 70% on employment cost
Claim a free business strategy consultation & ‘Grow Virtual’ Guide

What We Can Learn from a Billionaire About Today’s Market

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A friend of mine was recently on a call with Mark Cuban. Who else can say they’ve been taught by a billionaire?

Entrepreneurs, it is certain that the businesses who act diligently and stay informed will rise to the top. We are tired of hearing about today’s uncertainty. Instead of pausing with the rest of the world, the proactive business is reinventing itself.

[Considering a Virtual Assistant?]

 

Lessons from a Billionaire

Here are billionaire Mark Cuban’s advice and lessons on how to handle today’s market downturn. He is VERY bullish on the US and on American ingenuity. Once we are out of this recession, he thinks the country’s economy will bounce back and be so much stronger as a result.

Take a step in the proactive direction with MyOutDesk with a free, no-obligation strategy call & business guides. Schedule a strategy call today!

Take today’s data with a grain of salt.

Of all of the “models” that the experts share as “data,” this is not actual data but rather an opinion or projection. Today, the data that we are looking at now is skewed by a huge outside factor that is making it more difficult to trust and analyze.

Look at it but take it with a grain of salt. Most of our best analysis and learning will be reflective.

Pay attention to the said data, but remember that the data presented AFTER this situation will be considered the “real” data.

 

It’s always the time to sell

It’s never the time to be selling and pitching items and services of value even in this current environment.

Authenticity is critical more than ever when selling. If you are calling on a prospect, empathy is key. Mark said that it’s ok to tell prospects that you are scared too (if that’s true). A great way to sell to continue rapport building, at a time that people are seeking to connect. Your authenticity will make you more relatable.

Understand EFFECTIVE inside sales operations — by boosting your prospecting engine starting with a free business STRATEGY call with MyOutDesk!

[Considering a Virtual Assistant?]

 

Learn something new daily

Make it a point to learn something new daily. Even if you don’t think you need to know it. Mark mentioned he is going deep into learning about the future of A.I.

This is a common lesson of many billionaires, including Jeff Hoffman (founder of Priceline). Bill Gates reads at least 50 books a year. If you hear it more than once coming from a billionaire, then it must be a valid point, right? Mark pointed out to the group to take notes in the book margins and reflect chapter by chapter on what you’ve learned.

Learn how billionaires and millionaires are leveraging the remote workplace with a free MyOutDesk Business strategy call. Be proactive in today’s downturn!

 

You won’t get it unless you ask for it

You will never get anything without first asking. In the call, the moderator tested Mark’s advice and promptly asked him for an introduction to another influential person that the group could learn from. After laughing, Mark offered to connect the group with Barbara Corcharon. Point taken.

 

Stay proactive

When you look in a decade from now, there will be around three to five huge companies that were formed during this time. Why not grow your business during these times? Mark said that all the improvements that you have been thinking about HAVE TO BE implemented now both personally and professionally. Get your unfair share and it starts by making those changes now.

If you wanted to implement that new system or software, do it now. Make that huge shift in your offering or streamline processes. Make it happen now.

Scale your business operations by leveraging experienced virtual assistants in your industry.

[Considering a Virtual Assistant?]

 

Survive and Thrive

We are here only for your success. That’s why we are offering zero-obligation strategy calls with free access to our guides and books.

Schedule your free strategy call today. We’ll map out a plan for attaining:

  • The CEO Mindset. Lead by example, double down, and gain market share.
  • Refreshed value. Understand what people want and need now, and how your business can respond to these demands.
  • Becoming an Exceptional Force – all while reducing operational costs. Reduce operational costs with virtual assistants, a forgivable expense through the SBA. Restructure to a remote workspace and create new plans with a CEO’s mindset.

MyOutDesk brings you 13 years of recession-tackling knowledge. We are committed to supporting your continued drive to champion a thriving business and support your local community during the COVID-19 health crisis. 

[Considering a Virtual Assistant?]

 

ENVISIONING OF A NEW REALITY FOR YOUR BUSINESS

Simply put, MyOutDesk equips entrepreneurs & business owners with tools, strategies, and virtual employees – and when combined, businesses have a competitive edge and find growth while efficient systems and processes are put in place.

MyOutDesk proudly provides additional free business growth guides, books, and strategy calls.

See what we are about, and schedule a free consultation with us. We’ll take the time to learn more about your business and offer solutions to foster top talent and lower operational costs for your company.

 

Experience The Difference
MyOutDesk can save you up to 70% on employment cost
Claim a free business strategy consultation & ‘Grow Virtual’ Guide

 

Did You Know?  MyOutDesk’s origin story is set during the last global financial crisis of 2008. Yes, that’s right — our business started by scaling businesses with virtual assistants during a recession! Pioneers of virtual assistant services, our first client in 2008 went from five to seventeen VAs with a completely revamped organizational model in short order, and he told MyOutDesk, “Our virtual professionals have shaved $250,000 off our monthly overhead.”

Real Estate Professionals, Where does your ethical & moral compass lead you?

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Last month, I sat down with the brilliant, top real estate coach, Dr. Lee Davenport. Our interview led to an important discussion, regarding the great importance of ethical business among in the real estate industry.

 

Are you noticing the same patterns as I have?

Agents and brokers — how often do you reflect on how your business is performing in ethical conduct?

For decades, I’ve had the power of granting home ownership in my hands. And, like many of you, I held all the power to approve or deny homeownership to my clients, but also gave my all to finding solutions when there were roadblocks. To this day, I find great pride in helping all families fulfill their dream of homeownership.

Yet, I noticed a huge problem in our industry from very early on in my career. When I was around 24, a Hispanic family contacted me to compare quotes on mortgage rates. A different lender in town quoted them half a percent higher than my offer with exactly the same terms. Over time, I noticed the same pattern.

It appeared to me how some lenders consistently jack up their rates to families of color. I found that the same lenders were repeatedly the culprit. I thought, “What is happening to our communities, our friends, and our neighbors if there’s a significant amount of lenders who are practicing the same, unethical tactic?”

 

Paying more for homeownership, based on race

Being a mortgage professional, I saw first-hand how predatory lenders are using the color of my clients’ skin against them as the deciding factor in having them pay more.

The discovery of discriminatory lending rates left a sour note for me. Sure, it’s within our legal right as mortgage lenders to set our own rates. However, a handful of lenders are offering unfair rates, often racially-motivated (… and that is illegal, yet very difficult to prove that it’s happening.)

Yet, there are no concrete methods for identifying which businesses engage in these discriminatory practices. So when you pull together the data of all the loans out there and put race on top of it, you can see how communities of color are systemically paying more — a great challenge for achieving the dream of homeownership. Where is the equality in that, America?

Researchers found that, among nearly 7 million 30-year mortgages, black and Latino applicants were charged higher interest, an average of nearly 0.08%, and heavier refinance fees when compared with white borrowers — according to a recent report by UC Berkeley.

 

Re-imagining ethical real estate lending

While discriminatory lending is illegal, it’s very difficult to immediately prove that certain racial groups are being offered higher interest rates as there is no proper oversight.

In re-imagining a more ethical industry, I’m envisioning a three-prong solution. 

First, we need more education about discriminatory lending practices at the licensee level (at the mortgage loan level.) Education is the key to bringing broader awareness and creating a paradigm shift.

Second, for the sake of fairness, we need more robust oversight of discriminatory practices. People conducting themselves within a myriad of immoral and unfair behaviors actually need to be held accountable. It’s a matter of directly addressing these lenders in order to change them. In clearly documented protocol of law and order, there needs to be an authoritative entity protecting the rights of lenders and homeowners, all while immediately addressing behaviors, such as discriminatory lending, as a criminal offense.

Third, we need dual education — meaning the industry should enforce a rule where those who profit from mortgage lending are those who are responsible for funding education programs for the community. It’s a virtuous feat for the profiters of mortgage lending to broadly spread the know-how on the fair and just path to homeownership, while reporting on the state of responsible lending.

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Healthy communities need responsible businesses

We can learn from what Wells Fargo is going through right now. Known for a number of controversies, the multinational company charged higher costs to black and Hispanic borrowers. More recently, impossible sales goals coerced employees to fraudulently open more than 1.5 million bank accounts and apply for over 565,000 credit cards in customers’ names between 2011 and 2015.

As a result from lack of oversight and unfair dealings, the company had to name its third CEO within three years and watched their stock price of $50 per share drop down to $20.

This is an important argument for all in our industry to lead fair and ethical business practices. It affects your bottom line. Imagine that you are a shareholder in Wells Fargo, like Warren Buffett, and you see your share value get cut by 40%, all stemming from unethical and unfair housing market practices.

 

Be ethical in business: Everything you do affects your bottom line

We have to learn and share from experiences of unjust practices so that all colleagues understand and stop behaviors that are innately wrong.

Simply put, we cannot ignore the fact that there are plenty of predatory practices in place today which are taking advantage of people. From predatory lending problems to discriminatory behaviors, it’s a fact that professionals in the real estate industry play a direct and explicit role in contributing to segregated neighborhoods. It’s up to us to enact a standard of ethics and confront these issues together.

It’s your civic duty

Professionals in the real estate industry share an entrepreneurial mindset that makes them great leaders — and as entrepreneurs, it’s your civic duty to provide value to our communities. The real value that you provide, in turn, becomes profit for your business. One misstep can mean exploitation and capitalizing from unjust practices. When there is a case to make a business deal, all considerations must be approached holistically. There needs to be clear-cut ground rules.

Problematic practices are structural issues. It requires responsibility and integrity when individuals have enough power and autonomy that could bring about discriminatory sales practices. For example, a mortgage person can set non-uniform rates and exploit certain people and communities in order to make an unfair profit. By doing so, they are breaking principles of ethics.

Unethical business is an important challenge that all leaders and professionals must confront. Continue educating yourself and your teammates on conducting business on moral and ethical values. It requires board-level accountability where CEOs take the responsibility to lead, educate, and address any issues that may arise. 

This is a call to be explicit about and reflect on which business practices are structurally and ethically wrong. Let’s prevent unfair dealings from happening.

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About MyOutDesk:

Founded during the last major recession, MyOutDesk is helping agents and brokers in today’s economy with monthly CEO mastermind calls, stringent talent recruitment, timely strategy guides, and professional development webinars.

Since 2008, MyOutDesk is the largest, industry-leading provider of virtual assistant services — not only for thousands of agents and brokers, but also, national franchises like Keller Williams, RE/MAX, eXp Realty, Sotheby’s International Realty, and more. MyOutDesk brings 13 years of expertise with more than 6,000 clients and 600-plus verified five-star reviews. 

 

See Also:

Real Estate Virtual Assistants: Link

Explained: What is a virtual assistant? Link

Building A Remote Culture: 20 Steps for 2020. Link

Ultimate Guide to Find, Hire, Train a Real Estate ISA (Scripts Included) – Qualifying & Converting More Leads TODAY!

Best Job Types for Low Overhead & High Profit Teams

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Job & Workforce Trends in 2020

In today’s high-tech economy, a remote workforce helps to maximize profits, grow clientele, improve business capacity, and often outperform competing companies that have fewer remote workers.

  • 50% of the US jobs and the workforce have gone remote in 2020.
  • 73% of teams will have remote staff in the 10 years.
  • Globalization and virtual workplaces will play an increasing role, causing more fluid shifts and flows of talent.

 

 

The Future is a Remote Workforce

This is what we learned from over a decade of experience with virtual assistant.  With a remote workforce and the right systems in place, it’s now affordable for business owners to to scale operations and talent.

  • Increase your touch points to the most influential clients.
  • Double down on branding and marketing — differentiate yourself.
  • Focus on adding value to your clients, suppliers, and vendors.
  • Double down on your prospecting and outreach programs.
  • Optimize the work of key talent and stay more connected to your people.

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Successful Businesses with Low Overhead & High Talent

  • Keep calm and thrive on. Now is the time to double down on the projects and ideas that will drive future growth and scale.

Did You Know? MyOutDesk’s origin story is set during the last global financial crisis of 2008. Yes, that’s right — our business started by scaling businesses with virtual assistants during a recession! Our first client in 2008 went from five to seventeen VPs with a completely revamped organizational model in short order, and he told MyOutDesk, “Our virtual professionals have shaved $250,000 off our monthly overhead.” 

  • Your Next 90 Days of Planning. One of the keys to thriving during a recession is to focus your time on finding out opportunities to thrive and survive during this uncertain time. Spend the next 90 days of quiet time for deeper planning and preparing.

There are a MILLION ways to leverage a Virtual Assistant

 

Best Job Types to Increase Your Talent & Capacity

 

Here’s the job types that MyOutDesk virtual assistant services can provide you — with the flexibility, scalability, and cost-savings to adapt quickly to today’s changing business & market conditions.

  1. Example Roles
  2. Best Job Types

 

In a recent survey, we asked our virtual professionals how they’ve grown with businesses. These are only SOME of the roles that our virtual assistants currently hold for their growing companies.

NOTE: Personnel through MyOutDesk are up to 70% less than costs of adding a traditional employee!

  1. Example Roles:

  • SDR – Sales Development Representative
  • Transaction Coordinator
  • Marketing Assistant
  • Client Care Manager
  • Utility Clerk
  • Researcher/Admin Assistant
  • Administrative Assistant
  • Solutions Assistant
  • Recruitment Specialist
  • Listing Assistant
  • Client Care Coordinator
  • Acquisitions Specialist
  • Support Coordinator
  • Operations Coordinator
  • Administrative Assistant
  • Loan Coordinator
  • Concierge
  • Executive Assistant
  • Client Concierge
  • Executive Assistant
  • Relationship Liaison
  • Internal Sales Assistant
  • Acquisition Assistant
  • Data Administrator
  • Listing Manager
  • Account Reconciliation Assistant
  • Realtor Partner
  • Client Care Assistant
  • Lead Manager
  • Business Admin Assistant
  • Real Estate Marketing Assistant
  • Transaction Coordinator
  • Compliance Assistant
  • Product Support Coordinator
  • Leasing Specialist
  • Client Services Coordinator
  • Admin Guy/Office Assistant
  • “Friend”

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Best Job Types

Here are lists of the four main job types that a virtual assistant can do to best uplift your business.

  1. General Administration
  2. Marketing

General Administration
Having a virtual professional tackle operations and administrative outcomes for you can go far beyond what a traditional assistant does, like answering phones and keeping your calendar. There are many more ways a virtual professional can help you administratively. Here are some concrete examples of my favorite things administrative virtual professionals do for our clients.

  • Virtual receptionist
  • Client care & relationship building
  • Screen calls & emails
    Loan processing
  • Administrative support
  • Accounting & bookkeeping
  • Lead management
  • Lead reporting
  • Recruitment
  • Agile project management
  • Performance reporting
  • Customer support

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Marketing
There are many things a virtual marketing virtual assistant can do for you to supercharge your company’s scalability. Focus your talented marketing professionals on the above sales tools and also on ideal client targets. If you know who buys from you and why your marketing virtual professional can really help drive your message out to the marketplace. 

  • Online marketing, listings & social media
  • Virtual showings & open houses
  • Webinars & speaking events
  • Marketing automation
  • Brand work
  • Design coordination
  • Collateral development
  • Repurposing content
  • Audio, video & multimedia
  • PR & paid advertising

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Sales Development & Inside Sales
A sales development representative can take over your prospecting and expand your lead generation efforts. Our inside sales virtual assistants will help you generate more leads, qualify them and allow you to focus on selling and generating commissions. In addition to warm & cold calling, our virtual assistants can assist you with lead screening & pre-qualification, lead nurturing, prospect & client follow-up calls & more!

  • Telemarketing & inside sales
  • Smart plans
  • Appointments
  • Warm & cold calling
  • Prospect & client follow-up
  • Lead nurturing
  • Recruiting assistant
  • MLS

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Service & Support
MyOutDesk virtual assistants provide the leverage you need to meet your customer service & support demand at a fraction of the cost of hiring full-time staff. Customer service outsourcing lets you work smarter, not harder, and help you invest your time in dollar-productive activities that matter.

  • Manage trouble tickets
  • Manage escalation calls
  • Run reports
  • Manage calendars
  • Update CRM
  • Customer training & education
  • Issue resolution

… and the list goes on! With a business strategy in place that leverages virtual talent, there are a million ways that virtual professionals at MyOutDesk will transform your business.

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Niche Specialities to Grow your Business

Transaction Coordinator
A Transaction Coordinator Virtual Assistant manages all the paperwork and deadlines involved in a contract transaction. They’re trained in every step of the selling process and tasked with monitoring progress from the time the seller accepts an offer through the steps involved in the close of escrow.

Become more effective by using a virtual professional transaction coordinator to handle the repetitive tasks involved with closing a transaction – such as gathering documentation & signatures, calling clients, completing paperwork, following up on contract terms & requirements, and ultimately creating a broker file for the completed transaction.

  • Manage signatures & documentation
  • Manage paperwork processing & deadlines
  • Coordinate inspections
  • Respond to contract terms
  • Compliance coordination
  • Communications liaison

Loan Processor
MyOutDesk loan processor virtual assistants can to manage all the paperwork and deadlines involved in your mortgage & lending transactions – including every step of the process, from contract to close, and everything in between!

  • Gather documentation
  • Cloud e-agreements management
  • Lender follow-ups
  • Documentation review
  • Internal reporting
  • Manage mortgage or lending pipeline
  • Communications liaison

Schedule your free Grow Virtual strategy call today & access more free guides.

Envisioning of a New Reality for Your Business

Simply put, MyOutDesk equips entrepreneurs with tools, strategies, and virtual employees – and when combined, businesses have a competitive edge and find growth while efficient systems and processes are put in place.

See what we are about, and schedule a free consultation with us. We’ll take the time to learn more about your business and offer solutions to find top talent and lower your operational costs.

MyOutDesk proudly provides free business growth business guides, books, and strategy calls. See what we are about, and schedule a free consultation with us. We’ll take the time to learn more about your business and offer solutions to foster top talent and lower operational costs for your company.

 

Keep Calm & Thrive On

Schedule your free Thrive strategy call today & access more free guides.

 

Real Estate Virtual Assistants

Real Estate Virtual Assistants » Grow your real estate business & generate massive revenue with a quality Real Estate Virtual Assistant from MyOutDesk.

Mortgage Virtual Assistants » Stay focused on building relationships & business – that’s why mortgage & loan officers trust our virtual assistants.

IT Outsourcing » Rapidly scale your technology business and improve your customer service, support & retention with IT outsourcing from MyOutDesk.

HR Outsourcing » Industry leading HR & PEO organizations trust MyOutDesk virtual assistant services for the highest quality HR outsourcing.

Healthcare Virtual Assistants » Rapidly scale your Healthcare Organization by recruiting top-quality staff with MyOutDesk virtual assistants!

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