How Do You Know When It's Time To Invest In Virtual Help?

AskPat 2.0: A Weekly Coaching Call on Online Business, Blogging, Marketing, and Lifestyle Design

Pat Flynn

Business Advice, Marketing, Podcasting, Getting Started, Business Strategy, Business, Small Business, Passive Income, Online Entrepreneurship

4.9 • 638 Ratings

🗓️ 6 March 2014

⏱️ 13 minutes

🔗️ Recording | iTunes | RSS

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Summary

Today's question comes from Chuck, who asks how a business owner can know that it's time to invest in outside help. Do you have a small business question? Leave it at http://www.askpat.com/. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcript

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0:00.0	AskPat.
0:01.0	AskPat.com.
0:10.6	Hey, what's up everybody?
0:11.8	This is Pat Flynn and welcome to episode 33 of Ask Pat.
0:15.3	This is where I answer your online business and entrepreneurship questions five days a week.
0:21.1	And the resource of the day is virtual staff finder.
0:25.0	This is where you can go to find already pre-screened virtual staff so you can get VAs
0:29.2	to help you in your business.
0:30.9	My affiliate link for that is askpat.com slash virtual staff finder, which is a company run
0:36.6	by my good friend, chris ducker.com that's not his
0:39.9	name that's his website but his name is chris ducker at chris ducker.com and that has to do with
0:45.0	today's question which is asked by chuck so let's hear from chuck right now.
0:50.5	Hi pat my name is chuck scoggins and I have a couple of small businesses.
0:55.0	And I wanted to get your thoughts about a topic. You often recommend delegating tasks to a virtual assistant or outsourcing areas that aren't your specialty.
1:04.0	And as you know, cash flow is always something to keep in mind with a small business.
1:08.4	And even though my businesses are doing pretty good, I'm always hesitant
1:11.7	to invest money in things that seem like luxuries, like virtual assistants, extra staff,
1:18.3	extra equipment. Even though I know these things might be helpful to my business, I'm always a little
1:24.4	hesitant because of cash flow. So my question is, how do you know when the time is right to start investing money in these things into extra staff and equipment and other business resources?
1:36.5	I look forward to hearing your answer.
1:37.9	Thanks, Pat, for all you're doing.
1:40.4	Hey, Chuck, thank you so much for the question.
	...

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