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Daily Archives: July 22, 2018

OMS Review of Outsourcing And Virtual Assistant Companies and Services

Introduction to Outsourcing And Virtual Assistant Companies And Services

Outsourcing of some of the repetitive, time consuming and highly skilled tasks required for a successful online business can be a massive aid to the website owner and entrepreneur with limited time and tight deadlines to meet, provided that you specify everything which you need correctly and concisely, and are tight regarding allocated budgets, so as to avoid wasting time and money.

What Do You Need From Outsourcing?

An entrepreneur or website owner can decide to outsource almost anything from his task list, but you need to decide what exactly you want to get done by someone else and why that is.

Repetitive Tasks Which Are Time Consuming

There are a miriad of repetitive and time consuming tasks which the online entrepreneur needs to get done. Ideally you carry them out yourself in order to save money expended, but your time may have a higher value carrying out more productive tasks, from which you can get a better Return On Investment.

Virtual Assistant Companies

One of the biggest investments a company can make in Outsourcing is to hire a Virtual Assistant.

There are many potential Virtual Assistant companies who offer such services. One such company is 123employee.com, but there are many others in the marketplace also.

123Employee.com

We do have some imited experience of working with 123Employee.com but it was not a fruitful relationship and did not progress beyond the start up phase. From our side the relationship was not satisfactory.

One of the problems with hiring a Virtual Assistant is that you must precisely describe everything which you expect that employee to carry out, and in which priorities. This means that you must instruct them to do training on the particular software packages which you use, and allow them time to carry out the training as well, before they can productively use it.

Our particular initiative revolved around getting some feedback from the outsourcing company, which was not forthcoming, so we decided to cancel the arrangement before any more time and money was lost.

No matter what your VA carries out on your behalf, you are obliged to pay for their time. This may work out ok if you have a relationship with your VA and they are responsive to your needs. On the other hand, do you really know what your VA has been doing all day, when you are several thousand miles away in another continent.

Our conclusion is that you would be better served hiring a real assistant rather than a Virtual Assistant, and you can then personally instruct them and personally communicate with them about what results they have achieved. If necessary you can personally modify instructions to the Real Assistant. This applies even if the hourly cost of a Real Assistant is higher in theory than that of a Virtual Assistant. It is not about hourly cost, it is about real cost and efficiency ie real value, not virtual value.

Even if the cost of hiring an Assistant in your home country is higher than it may be in a low cost country such as India or The Phillipines, we urge you to strongly consider paying the higher cost as better communication and control could give you a higher value return on your investment.

Other Services Which Can Be Outsourced are the highly skilled and specialised ones for which you may need special software and a higher level of expertise than many people possess:

Logo Design and Preparation

There are many many companies on the internet who can offer logo design services, with a wide range of price structures.

One of the sources of Logo design is Fiverr.com

Fiverr.com

We have used Fiverr.com for logo design services, and chose one of a number of competing logo designers. The logo was delivered within the agreed timescale and was of adequate quality. We paid approximately $12 for the logo, plus a tip, which is an unusual feature of Fiverr.com, which we have not come across on other similar websites.

virtual assistant companies

fiverr-range-of-services

Freelancer.com

Freelancer.com is another website where you can commission many different types of service. Note the price of a mobile website is quoted in bottom right hand corner. Projects can be advertized for pricing alternatively specialist resource can be hired by the hour.

virtual assistant companies

freelancer-home-page

 

Guru.Com

Guru.com is another outsourcing site similar to the two above, which says it has 3 million experts at your disposal.

virtual assistant companies

guru-home-page

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www.Iwriter.com

www.Iwriter.com is another outsourcing site, more geared towards content creation, writing articles. posts and pages, rather than design.

virtual assistant companies

www-iwriter-com

 

 

Upwork.com

Upwork.com is another large scale general outsourcing service site, with many specialists available.

virtual assistant companies

upwork-home-page

 

 

OMS Conclusion and Recommendation

We conclude that you need to categorise the tasks which you want to procure  from Virtual Assistant Companies.

The first category of tasks is those which are repetitive and time consuming and which can be outsourced and delegated to a cheaper resource.

Our recommendation would be to think very carefully before entering into a contract for Virtual Assistant services. A local assistant may be a better and more efficient arrangement.

You may be better served by hiring an assistant locally rather than employing someone remotely who you do not have first hand visibility of, and have difficulty managing and controlling.

The second category of tasks which may be delegated are usually those which are highly specialised and involve skilled work, for which there are many expert specialists whose services you can buy at very reasonable rates. You can get such expert services from companies like:

  • Fiverr.com
  • Upwork.com
  • Freelancer.com
  • Guru.com
  • Iwriter.com

OMS recommends using such companies because you can get real value for money from buying from the right specialist for the job you need done.

If you are short of money to buy in such services, you could consider signing up to Wealthy Affiliate, which offers a massive amount of FREE training, as well as preparing and hosting 2 websites even if you decide not to join as a Premium Member, for more information click here.

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OMS Review Of Multiple Streams Of Passive Income -Digital Nomads

Introduction – Multiple Streams of Passive Income – Digital Nomads

Recently we attended an event organised by Andrew Reynolds under the banner Digital Nomads, at Excel in East London, for the many people who are interested in making multiple streams of passive income, and who want the Laptop lifestyle, to be able to work minimally from anywhere in the world, whilst enjoying a luxury lifestyle.

multiple streams of passive income

Laptop Lifestyle – work from anywhere in the world

We have followed Andrew Reynolds for about 18 months now and he is an experienced and expert marketer of high quality and high value educational software and training products. His latest successful product offering is Video On Demand.

He also organizes seminar type events at which he arranges presentations by well known and successful entrepreneurs.

Last year there was a similar event which  was held over a 3 day weekend in June at Excel in East London.

This year the event was labelled Digital Nomads, because it portrayed that is is possible to have a nomadic lifestyle travelling the world and running your businesses from a laptop wherever you are in the world enjoying your wealthy lifestyle, as a result of Multiple Streams Of Passive Income.

Andrew suggested that delegates approach planning for their passive income streams using a Hub and Spoke type approach where each spoke of the wheel was a separate source of income, and during the course of the event several types of passive income stream business were presented. The suggestion being that you choose one or more of these options as your preferred source of passive income, and supplement it with more of these alternative options, so that you are never totally reliant on one source of income which could at some point in time dry up.

What Andrew Reynolds presented was several speakers who were each experts in their own fields and highly successful businessmen, from a variety of different types of moneymaking business, many of whom described how it was possible to make multiple streams of passive income, and recounting their own systems and experience of success.

Steven And Darren Essa The X10 Effect, Money On Demand

multiple streams of passive income

steven-essa-money-on-demand-x10-effect

Steven and Darren Essa are specialists in producing and presenting webinars which can be put on Youtube or used for skype or Zoom type webinars. Their view is that Video and Audio are more successful and effective means of communication than written words. Steven is also a highly successful public speaker in his own field of expertise. Darren prefers to stay in the background, although he owns 50% of the business.

They have produced proprietory software for webinar automation, called Webinator Software.

He is an author of a best selling book called Money On Demand.

Steven Essa offers training of his webinar presentation methods and software, which includes a set of 8 Money On Demand training modules, a Facebook Ads Blueprint and Social Media 360 Home Study Course, plus Ready Made Webinars, Plus Phone and Email Support to subscribers as well as a Private Facebook Group, and a 2 day Money On demand Workshop. All notionally valued around 40,000GBP for a one of event price of 1500GBP, or split over 3 months 497GBP deposit then 2 x monthly payments of 597GBP.

Click here to read our full review of Steven and Darren Essa´s Video On Demand, X10 Effect.

Darren Winters – The Wealth Trading Company

Darren Winters has spent a lot of his own time and money being mentored by the best share trading experts in the world. He has made many millions from his expertise, and offers training courses to share his knowledge.

multiple streams of passive income

Darren Winters

He has intimate knowledge of the stock markets and trends during economic cycles, and the relevent stages for share trading, and the best type of stocks to invest in at each stage of the cycle, which are:

  • Early Capital Goods phase
  • Middle Expansion phase
  • Late Expansion phase
  • Early Contraction phase
  • Late Contraction phase

Darren also advises on Trading Psychology, and Trading Emotions.

He proposes leveraging the power of Compound Returns consistently.

The cost of Darren´s Wealth Training course is 2000GBP, and for those committing at the event he gave a lot of valuable bonuses.

Click here to read our full review of Darren Winter´s Wealth Trading Program

Sean Allison – Cash Flow Options Trading Program

Sean Allison is a specialist Options Trader and keen golfer.

multiple streams of passive income

sean-allison-options-trader

He offers Professional Options Trading Education Program consisting of 9 modules:

Module 1 – The Fundation of Income Trading Success

Module 2 – Key Concepts to Generate Income

Module 3 – Sean´s Basic Cheat Sheet

Module 4 – The Key Set Up For Charting Success

Module 5 – Understanding Put Options

Module 6 – Understanding Call Options

Module 7 – The Call Spread Strategy

Module 8 – The Put Spread Strategy

Module 9 – Mastering Trading Psychology

In addition to the above educational modules valued at 9000GBP, Sean offers 6 x 1 hour skype sessions valued at 1500GBP and 12 months unlimited email access valued at 2000GBP.

Sean offered the following bonuses as well to attendees at the Digital Nomads Event:

How To Open Your Trading Account valued at 500GBP.

The Crash Strategy valued at 3000GBP.

Options Trading Program 2 Day Workshop Training valued at 6000GBP.

Elite Squeeze Strategy valued at 2000GBP.

Plus Lifetime Access to Sean´s Ultimate Trading Diary valued at 1300GBP.

The total value of the offer package was 25, 250GBP.

The Special One Off Digital Nomads Event cost of Sean allison´s Options Trading Program is 1500 GBP or 1590 GBP split over 2 monthly payments of 795 GBP each month.

Click here to read our full review of Sean Allison´s Cash Flow Options Trading Program.

Simon Coulson´s Internet Business Videos And Internet Business School

Simon Coulson has made a great success of internet marketing using ebooks on a themed basis, such as property guides to Bulgaria, and other central European countries and made many millions of pounds from his methods.

multiple streams of passive income

simon-coulson

Simon now teaches his methods and charges 1500GBP for a training and mentoring course of 3days.

Simon describes his simple 3 step system, as follows:

1) Something to sell – A Product or a Service

2) Website – should be good quality, better than competitors, sales funnels, upsells, offers.

3) Traffic – The Most Important Thing.

Click here to read our full review of  Simon Coulson´s Internet Business Videos And Internet Business School.

 

Pat Mesiti – Pathway to Prosperity – 12 Steps to Financial Freedom

Pat Mesiti is a Mentor and Lifestyle coach with a powerful and personable character. he offers mentoring and training courses with him personally. Pat is acquainted with many famous and successful personalities including Arnold Schwarzeneger.

multiple streams of passive income

pat-mesiti-business-mindset-training

Pat´s Pathway to Prosperity is a 3 day event valued at 1500GBP, or 3 x payments of 597GBP per month.

Within the currculum Pat promises to cover:

  • The 12 Irrefutable Laws of money
  • The 8 Vital Associations for Wealth
  • How to Set Your Money Goals
  • The 12 Steps to Financial Recovery and Acceleration
  • How to Develop a Financial Pathway to Freedom
  • How to Change Your Money Story and Financial Directions

Also you will receive:

The Wealth Mastery Program, which is an extensive collection of mindset training, with inspirational life training presented by Pat Mesiti and guests. This is a Home study program.

Click here to read our full review of  Pat Mesiti – Pathway to Prosperity – 12 Steps to Financial Freedom

 

Paul O´Mahoney – ReThink Social Media

Paul O´Mahoney is a specialist in Social Media, who has become very succesful through his use of webinars and social media endorsement producing viral traffic growth.

multiple streams of passive income

Paul O´Mahoney Facebook

He is an author of a book called ¨ReThink Social Media – Stop Wasting Time. Start Earning Money¨.

Paul offers training courses in the Social Media methods which he uses and the cost is 2000GBP for a x week course which includes his personal support and mentoring.

Paul has a 4 step strategy:

1) Find a Niche

2) Social Media – find audience, Marketing

3) Free Gift + Opt In Page to build an email list – your database of contacts, customers.

4) Email marketing

In addition for success you will need targetted traffic, a database (email list) AutoResponder, Ongoing Support

Paul offers a total package value of 32,950GBP for an event Special Offer price of 2000GBP, or 3 payments of 795GBP.

Click here to read our full review of Paul O´Mahoney – ReThink Social Media.

 

Tom Hua – PRIMO3

Tom Hua is a top flight internet marketer and has had great success with his own Affiliate Marketing business, being a previous winner of ClickBank Resellers Viral Marketing Award.

PRIMO stands for Passive, Residual, Income, Machine Online.

PRIMO3 - Tom Hua

PRIMO3 – Ecourse Capital Ebooks And Ecourses

The PRIMO system offers Affiliates the ability to use all of Tom Hua´s existing ebook and ecourse products, either sell them as they are or to adapt them to your own purpose and sell them as your own. Go here to see OMS Review of PRIMO3.

Tom´s system comprises the following basic elements:

1) Product or Service

2) Website

3) Traffic (visitors = customers)

Products can be:

1.1 Afiliate Programs eg Clickbank, offer instant start, but no control. Preferable to spend money on high ticket items for higher commission.

1.2 Resell Licences

Instant start – better control, possibly expensive, ie ecourses

1.3 Own Products

You have full control with your own products but full responsibility for fulfilment of orders and after sales, returns etc.

Information products are easy to sell and distribute, just need to find customers.

2. Website

Webhosting vs Cloud Computing, Amazon Web services

2.2 Cross Platform Content delivery

PC/Tablet/Laptop/Mobile Phone

2.3 Accept Payment Online

Paypal or Stripe, Alipay is popular in China, or Wechatpay.com, ClickBank.com

3. Traffic

Traffic is the lifeblood of the business. The 3 most effective ways of getting traffic are:

Search Engines vs Social Network, ie Google, FaceBook, Twitter, WhatsApp, WeChat, SnapChat.

Joint Venture is the fastest way to achieve traffic to your website

Viral Traffic is the best if possible to achieve

Tom Hua´s offer for PRIMO3 at the Digital Nomads event is one payment of $3777 or staged payments over up to 2 years 24 payments of $250.

Click Here for our full review of Tom Hua´s PRIMO3 System.

Brian Koz – Webfire Software

multiple streams of passive income

With his partner Shawn Casey, Brian Koz is the co-author of Webfire software, which is a highly sophisticated online marketing sotware system with multi functional capabilities. including:

  • Keyword Analysis and Research
  • Backlinks
  • Leads Generation
  • Search Engine Optimization
  • Online Marketing

Click here to see OMS review of Webfire software.

The cost of the software is $1997pa, which was discounted for the Digital Nomads event.

 

Kevin Green – Property Developer/Social Entrepreneur

Kevin Green is one of the wealthiest people in the United Kingdom. He specialises in purchasing properties where the owners have defaulted on their mortgages or loans. He offers a deal to take on the liabilities, acquire the property, develop it and sell it on. He does so in cycles of three properties, so that he keeps appreciating assets as well as trades and sells on properties for cash flow for his business.

His business model is to buy properties at 50% Below Market Value, selling at 20% Below Market Value.

He also uses a unique model of financing the purchases of properties, which is a sort of crowd funding approach.

Systemization is the key to Kevin Green´s approach and success.

Kevin Green claims that the returns from such property investment is very large, and has enabled him to buy gold and silver bullion and to trade in jewels from Indonesia and Malaysia.

He claims to sublet and delegate most of the work to his team of specialists who deal with the technical processes involved in acquisition of the properties, settlement of debts, and development activities.

Kevin Green offers training courses which teach the methods which he uses and are always popular, costing 3000GBP per person for a 3 day course.

 

Andrew Reynolds – Digital Company Set Up Offer

Andrew Reynolds made an unusual and extremely generous offer upon the announcement of his retirement after working for 21 years building his businesses.

multiple streams of passive income

To all attendees of the Digital Nomads workshop, as a one offer retirement offer, Andrew Reynolds offered to set up a company for each attendee of the workshop, Additionally he offered to give to each attendee the Private Label Rights to all of his electronic products, and show each attendee the software which he uses to run and operate his company.

This is an incredible offer, and Andrew Reynolds fulfilled this at the event from 29th June to 1st July 2018.

Additionally Andrew Reynolds offered a free traffic workshop which was held on 15th July which demonstrated successful traffic generation methods as practiced by an expert in that field.

Andrew Reynolds gave every person who attended his Digital Nomads conference the opportunity to start off their own multiple stream of passive income.

make-money-online

OMS Conclusion And Recommendation

We have not yet tried all of the above products, but have provided you with links to those which we have reviewed.

If you have tried or used any of the above products, and wish to share your review, we would be pleased to receive it.

On the whole we think that the products presented by Andrew Reynolds are high quality and in general presented excellent value for money, as many of them were heavily discounted for the Digital Nomads event only.

If you want to check out FREE online marketing training in order to build yourself a business online, then check out our review of the Amazing Wealthy Affiliate here.

 

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