Blog Post

3 is the Magic Number

  • by Julia Clark
  • 02 Sept, 2024

Celebrating 3 Years of Self Employment

If you had asked me back in September 2021 if I thought my business would be thriving three years down the line, my response would likely have been a sceptical, "Nah, probably not." It's not that I lacked confidence in my abilities or doubted the path I had chosen. Instead, it was the daunting statistic that looms over every new business venture: half of all new businesses fail within their first three years.

Yet, despite this statistic, here I am, three years later, not just surviving, but going strong. Don’t get me wrong - this journey hasn't been without its challenges, but I can confidently say that this third year has been my most successful one yet.

They say that three is the magic number, and I couldn't agree more. Join me as I recount the highs, lows, and invaluable lessons of the past three years…

Where the journey began

I remember the first time I heard the term ‘Virtual Assistant’.

Back in 2019, I had met with a friend of mine for coffee, and I spent most the conversation offloading my frustration with my current work life balance – long hours and a long commute had made me disgruntled.

That’s when my friend introduced me to the idea of becoming a Virtual Assistant. It was a term I hadn’t heard of before and so I listened intently. While it sounded interesting, the thought of leaving a full-time job to go solo terrified me, and so initially I parked the idea. Eventually though, curiosity got the better of me and I started to look into what it is that a Virtual Assistant actually does.

There’s a wide range of tasks that a Virtual Assistant can help with – from traditional secretarial support such as inbox and diary management, to business planning and more creative tasks such as content and course creation.

The flexibility of the role was something that appealed to me and was something that I thought the advertising industry would greatly benefit from. It seemed to me that there was a significant gap waiting to be filled – there simply wasn't anyone else providing a service that allowed for such fluidity, giving businesses the flexibility to scale up or down and as and when they need support.

At a time where the concept of remote work was still met with cynicism, the prospect of a Virtual Assistant seemed almost revolutionary to me. Who knew that an assistant working remotely could be such an integral part to a business?

Despite the allure of this new and exciting possible career path, I decided that it was just a pipedream. So, I went back to the grind of my full-time job and didn’t really think about it again. Little did I know that fate had other plans in store…

The C-Word

You don’t need me to remind you what happened in 2020, but let’s just say the events of that year had a huge impact on working habits and upended traditional notions of work-life balance.

It was a tough time for me, as it was for many. I wasn’t furloughed like many of my colleagues – I was part of the remaining skeleton team. To say we worked our butts off is an understatement! Although I loved the camaraderie of it all, the boundaries between work and personal time blurred, leaving me feeling drained and disoriented.  

By the summer of 2021, the strain had become unbearable. It was then that the memory of that long-forgotten conversation resurfaced. It was one of those light-bulb moments!

Year 1 – We Have Lift Off

The decision to leave the security of a full-time job and embark on the journey of self-employment is not one to be taken lightly. It requires careful planning and a sturdy financial foundation. As I made the leap, I ensured that I had a financial safety net in place, ready to catch me should things take an unexpected turn. Fortunately, my transition was met with immediate success as I secured some fantastic clients more or less straight away.

Although it was an exciting new chapter for me, I encountered my fair share of challenges. The first year of self-employment tested not only my professional abilities but also my resilience and adaptability. For the first year, I wasn’t sure if the self-employed lifestyle suited me – the lack of job security and no regular income worried me. Transitioning from an employee mentality to thinking like a business owner was particularly challenging. It was harder than ever to switch off my mind after I had switched off my laptop.

But despite the uncertainty, I learnt so much about myself as well running a small business in that first year. Initially drawn to the idea of offering a broad spectrum of services, I soon realised the importance of specialism and focus. It was a year of trial and error, where each project served as a learning opportunity, expanding my skill set and deepening my expertise.

As someone with a passion for learning, the opportunity to continually expand my skills and learn a tonne of new platforms and software was a driving force that kept me moving forward during those early days.

Year 2 – Get Into The Groove

The second year of my journey was all about finding my groove – it was a period of fine-tuning, where I delved deeper into understanding my clients' needs and refining my approach to provide them with the best possible support. Despite the fluidity of the freelance lifestyle, year two was all about finding my weekly rhythm – balancing client commitments while carving out time to nurture and grow my own business.

With each passing week, my confidence steadily grew, but every now and then imposters syndrome would rear its ugly head. During quieter weeks, self-doubt would creep in, so I had to learn to be strong and push those negative thoughts away. It was a constant exercise in fortitude, learning to silence the inner critic and trust in my abilities.

Central to my growth in the second year was building my professional network – not only with my clients but also within the Virtual Assistant community. In the VA world, it’s all about collaboration over competition. It’s one of the things I love most about the industry! I attended my first VA Conference in beautiful Bournemouth during my second year. It was a wonderful opportunity to connect with fellow VAs and learn from the industry's finest in the most friendly and supportive environment.

I came away feeling inspired, excited, and armed with invaluable knowledge. And it connected me with some incredible VAs — some who have been true lifesavers when a client has thrown a challenge at me beyond my expertise. It highlights power of networking and the collaborative spirit that defines the VA industry – a valuable lesson that I would carry over into the third year of my journey.

Year 3 – 3 Is The Magic Number

In the third year of my journey as a Virtual Assistant, the emphasis has been on maintaining momentum and avoiding complacency. I’ve been actively learning new skills (particularly in light of the rapid advancements in AI) and staying ahead of industry developments to ensure that I have all the knowledge I need to meet the evolving needs of my clients.

As I celebrate my third year as a Virtual Assistant, I can confidently say that I have really settled into my role - I’ve cultivated a deep understanding of my clients' businesses and their unique requirements. The volume of work has been both steady and abundant, which I hope is a reflection of the trust and confidence my clients have placed in me. Beyond just ticking-off tasks, I take pride in the meaningful contributions I make to their businesses.

Looking at the year ahead, it’s exciting to think of all the possibilities. Maybe this is the year for expansion? I’d love to officially expand my team with a couple of trusted associate VAs. I've long championed the importance of delegation in maximising productivity, and now, as the demands on my own time intensify, it's probably time I start to practice what I preach! By delegating some of my own tasks, I can redirect my focus towards delivering exceptional service to my existing clients while also offering my services to potential new clients.

Looking Ahead… and Raising a Toast!

It goes without saying that I’m immensely grateful for unwavering support I've received over the past three years.

Whether you’re a client, old or new, or just someone that ‘likes’ or comments on the occasional post… your support means so very much to me!

Working alongside such wonderful clients and fellow VAs over the past few years has been a privilege and a joy. I've had the pleasure of collaborating with some incredibly creative and talented people who inspire me daily.

As I raise a toast to this milestone, I am excited for the journey ahead. Here's to many more years of productive collaborations, shared successes, and lots of laughs along the way.

Now, where's that bottle of fizz?!

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