Nayan Naik
Contributor
User Power
Value/Post Ratio
126%
- Mar 10, 2016
- 31
- 39
- 37
Its been a while since I have posted in the Fastlane forum, a lot of changes have happened over the years. Got married, blessed with a beautiful baby girl, paid off mortgage debt, launched a outsourcing and staffing solution providing high caliber Virtual Assistants.
Starting this thread to :
I will try to post 1-2 times a week (Saturday & Wednesdays hopefully)
Currently State:
What's working well:
Pain points
Goals for Q2 and Rest of the year
Goals for the rest of the year:
Vision: Impact a Billion Lives- serve atleast 100,000 coaches/consultants with 100,000 virtual assistants helping save $$ for businesses and offer a higher quality of life to our virtual assistant employees
@Black_Dragon43 ; @Speed112 ; @Woosah
Regards,
Nayan
Starting this thread to :
- Document my journey to $1mil in revenue by end of 2022
- want someone on my thread here to hold me accountable to it.
- Get insights and advice from this great community to
I will try to post 1-2 times a week (Saturday & Wednesdays hopefully)
Currently State:
- Been in Outsourcing business for close to 1.5 years
- USP: We help business coaches/consultants find, train, onboard and manage high caliber domain trained virtual assistants based on their custom requirements. So they can focus on revenue generating activities. We also provide a lifetime guarantee on replacing the VA's within 48hrs if they quit
- ~Lower 6 figure revenue
- Team of 5 people and 200+ contractors bench
- ~15 Appointments per week and 1-2 deal closes a week
- Marketing Channels: Outbound Outreach ; Facebook Ads
- Target Audience : Business Coaches and Consultant
- The Facebook channel is not working out, Negative ROI. Only outbound outreach seems to be working
What's working well:
- Generated demand despite of competition
- Great team motivated, they believe in my vision
- Clear customer avatar and product market fit
- Generating a good buzz in the target market
- My drive to succeed no matter what
- Have a office with a strength of 200+ contractors ready to be deployed
Pain points
- Not enough quality appointments
- Current sales conversion rate r
- Average time to sign agreement
- Limiting belief (sometimes I doubt myself,
- Need a high ticket offer that I can offer rather than an hourly VA
- Churn rate is high client leaves every & unpaid invoices by clients
Goals for Q2 and Rest of the year
- Get at least 25 appointments a week
- Close 5 deals a week (In progress)
- Get at least 5 partnership deals to get other peoples audience (in progress)
- Upsell at least 3 clients a month into our software solution (1/3 complete)
- Automate & Optimize fulfillment process (completed)
Goals for the rest of the year:
- Build a premium offer of atleast 8k+ ticket size to sell to our clients (tbd)
- Partner with corporates, influencers, masterclasses to provide Virtual Assistant in BULK
- Get to $1M+ in revenue by end of 2022
- Quit my day job by Q3
- Setup base and offer bonus/employee benefits
Vision: Impact a Billion Lives- serve atleast 100,000 coaches/consultants with 100,000 virtual assistants helping save $$ for businesses and offer a higher quality of life to our virtual assistant employees
@Black_Dragon43 ; @Speed112 ; @Woosah
Regards,
Nayan
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