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AI makes its way to the DJ booth…

February 27, 2023

Welcome back! We’re kicking off the week with an AI update from Spotify. They’re the latest to jump into the craze with their new AI-generated DJ.

With a surprisingly (maybe - unsettlingly?) realistic voice, the AI provides commentary as it selects music for you. Of course, it knows your listening patterns so it can suggest music tailored specifically for you.

We played around with it this weekend, and it was A LOT better than we expected. Here’s how to access it on your account.

Here’s you full rundown for this Monday, February 27th…

  • Charges Filed - SBF Faces 4 New Charges

  • Target Takes Aim - Huge Delivery Expansions Begins

  • Red Flags - Tired of Working With Nightmare Clients?

  • Freelancers - How to Become a VA in 5 Steps

  • ICYMI - Firing Yourself as CEO?

Today in history: On February 27th, 1922, the 19th amendment was signed into law, giving women the right to vote in the U.S.

Lurn Bytes: Entrepreneurship Around The Web

4 New Charges Filed Against SBF - Late last week, 4 new criminal charges were filed against FTX co-founder Sam Bankman-Fried. The charges could result in ANOTHER 40 years of prison time. Here’s what the new charges reveal…

Target Takes on Amazon - The retail giant is TARGETing (sorry, we couldn’t resist) its competitors and investing $100 million into 6 new package-sorting centers. It’s all part of a push to make its next-day deliveries more competitive with Amazon. Here’s what they have planned…

Freelancers: Watch For 3 Red Flags From Clients - If you’ve worked with a nightmare client before, you know just how stressful it can be. But seeing those red flags from potential clients is easier said than done. Before you take on another client, make sure to check for these 3 red flags…

Become a Virtual Assistant in 5 Steps!

With the rise of remote work in the last 2 years, virtual assistants are one of the most in-demand professions for freelancers and entrepreneurs.

The beauty of being a virtual assistant is that you can provide services to clients from any part of the world. You can work wherever (or whenever) you like!

So, if you're looking to start your own virtual assistant business, here are 5 steps to take to help you get started and make money from your skills.

Step 1: Identify Your Niche

The first step to take when starting your virtual assistant business is to identify your niche. While assistants are always expected to multi-task, you’ll want to target the right INDUSTRY for you.

If you have experience with marketing, you will want to target marketing CEOs.

You need to know your strengths and what you are good at. This will enable you to target the right clients who require your services.

For instance, you may specialize in social media management, email marketing, content creation, or bookkeeping. The possibilities are endless.

Step 2: Build Your Page

Building a professional website is crucial for your business as it is where potential clients will go to learn more about your services.

Make sure your website looks good, is easy to navigate, and has all the relevant information. Also, consider including a portfolio of your previous work, testimonials, and contact information.

You can use platforms like Wix, WordPress, or Squarespace to create a website.

Step 3: Market Your Services

Once you have identified your niche and built a website, it's time to market your services.

You can use social media platforms like LinkedIn, Twitter, Facebook, and Instagram to reach out to potential clients.

Also, consider joining online forums and groups where your target audience is most active. Make sure to showcase your expertise and the value you bring to your clients.

Step 4: Pinpoint Your Pricing

One of the most overlooked steps when starting a virtual assistant business is setting your prices.

Determine your rates based on your experience, the services you offer, and the current market rates. Make sure to charge a fair price that is competitive, but also compensates you for your time and expertise.

Make sure to check out other successful VAs in your niche. Also, if you’re just starting out, you may want to choose more competitive pricing until you build up some reviews.

Step 5: Deliver, Deliver, Deliver

The final and most crucial step is to deliver high-quality services to your clients.

Always meet deadlines, communicate effectively, and go the extra mile to ensure your clients are happy with your work.

This will help you build a good reputation and get repeat clients.

Becoming a virtual assistant is one of our favorite freelancing gigs for 2023. Demand has never been higher.

Remember to stay focused, be patient, and always strive to provide the best services possible.

Entrepreneur Stat Of The Day

$100 Billion

That’s the current size of the VA industry according to WebTribunal.

ICYMI - Firing Yourself as CEO?

If you missed this week’s podcast episode, don’t miss out a second time!

This week, Anik spoke to Tanner Chidester who recently took the BIG step of firing himself as CEO!

Anik has discovered something pretty interesting in his career. The people who make the best entrepreneurs are often not very great CEOs.

He thinks of himself as a better entrepreneur than CEO, but he’s been wearing both hats for 2 decades now. He’ll be the first to tell you, juggling both those jobs ISN’T easy…

And that’s why he was so excited to talk to Tanner…

After years of grinding, he built his business to more than $20 million in revenue. But at the start of 2023, he decided to FIRE HIMSELF as the CEO of his company!

And instead of limiting his company, he knows it’ll bring it to new heights.

It’s an absolutely fascinating story - see it right here for yourself!

And let us know what you think of this week’s podcast episode in the comments!

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