Welcome to today's blog post, Online Business Managers provide a High Return on Investment.
Many business owners know they need help and will decide to hire an online business manager.
Often, they think they can find a good Online Business Manager for a minimal investment on freelancers’ websites or virtual employment agencies.
Hiring an Online Business Manager gives you a higher return on investment for the Future of your Business.
Most business owners don’t realize that hiring a Certified Online Business Manager is a higher investment than hiring a virtual assistant.
There are several misconceptions out in the marketplace that an Online Business Manager is a higher level Virtual Assistant.
A Virtual Assistant is hired on teams to support the business by executing specialized tasks in the running of a business.
An Online Business Manager is a second-in-Command role
An Online Business Manager is a second-in-command role in your business...
...a mini-YOU.
There will come a time in the growth of your business where you will need to release the day-to-day to a seasoned second-in-command.
You'll need to take this action because there is only so much of you and you can't do everything and grow.
This second-in-command role leads and manages the day-to-day operations, team, projects, marketing implementation.
This role will also partner with you for strategic planning, goal setting and metrics analysis.
Visionary entrepreneurs are not always great about planning ahead.
Visionary's just like to show up and not worry about the details.
The return on investment is well worth the management fees you'll pay.
The role of Online Business Manager gives you a high return on investment.
They practically pay for themselves!
Not all business are financially ready to hire a second-in-command role.
Start-Up Stage
If your business is in the start-up phase you're doing most of the work yourself and hiring others for specific tasks or projects.
You're watching every penny closely during this stage.
Your focus is on getting clients and sustainable revenue.
Your business is not ready for an Online Business Manager yet.
There needs to be a business to manage.
Growth Stage
When you move into what is called the Growth stage you begin to hire virtual assistants (VAs) and other online professionals to accomplish your current goals.
Revenue is flowing in easier and more consistently in this stage, but...
Expenses are rising as you're paying for people and technology to support your growing needs and goals.
You're still doing most of the leading and managing of operations, team, projects and marketing implementation.
Your business is growing but your time is SHRINKING.
If your business is like most in the growth business cycle you'll begin to hit a ceiling.
A ceiling in your ability to...
This ceiling typically becomes apparent in the early to mid 6 figures.
It's can be very uncomfortable during this stage if you don't have the right roles, people systems and processes in place to ride the white water waves of growth.
You'll begin to feel:
During this phase you simply can't (and shouldn’t) manage the day-to-day activities of your business.
You need someone who can step into an integrator (manager) role so you can fully step into your Visionary (CEO) role in the business.
That’s where a Certified Online Business Manager comes in.
The investment a business owner makes in hiring a skilled and experienced online business manager is returned exponentially.
This second-in-command role partners with you to ensure the business runs smoothly and cost efficiently. Giving you more money in your pocket.
Your Return on Investment realized when...
Actually, if you think about it, your Online Business Manager practically pays for herself.
Don't let the fear that you can't afford the support you need stop you from meeting your goals.
Management fees may be negotiated to ensure you get the leadership and management support you need.
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