July 2010 “Virtual CEO Goal” Monthly Report

Virtual CEO - Chris Ducker's July Monthly Report

Featured on the same page as Steve Jobs and CNBC - Wow!

Location: Home Office – Reading Time: 5mins

Number of Days in the Office: 17, Total Number of Employees: 208

Happy Friday to each and every one of you! Wow. What a month… These monthly reports are always the posts that I enjoy putting together the most. What I do is jot down notes in my Moleskine throughout the month on things that I want to mention, and this month is a real corker!

Because so much took place this month, I am going to make this a bullet-point type of post to make it easier for you all the read and get stuck into. So, here we go:

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One Week in my Virtual Business Lifestyle – Searching, Stressing (a little!) and Producing!

https://www.youtube.com/watch?v=uyU-l8t_EVg

Location: Company HQ – Reading / Viewing Time: 4mins

Last Friday I shot this quick video (with my webcam, so quality is a little lower than usual), in regards to last week’s going-on’s. I originally thought I might just slam this up on our Facebook Fan Page, but then figured a post would get it to a larger audience – so, here you go.

It was a bit of a topsy-turvy week, and I can report that I am STILL looking for that Operation’s Manager – so, if you fancy it and have previous, relevant experience, let me know. I will bring you a little more up to date on everything this coming Friday, when my latest Monthly Report (for July) will go live.

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Tim Ferriss Muse Creation – Utilizing a VA to Help Create and Market Your Muse!

Ever since Tim Ferriss wrote and published The 4 Hour Work-Week, there has been hundreds of thousands of entrepreneurial lifestyle fanatics looking to creating what Tim calls, their ‘muse’. Some have succeeded, some have failed – terribly. I wanted to write this quick post to be able to point out some simple things you can utilize virtual assistants for, when kick-starting your muse creation empire!

It doesn’t really matter what kind of muse you’re creating for yourself to be able to create passive income streams and capture that 4 Hour Work-Week dream. It can be an eBook, it can be an eCourse, it can be a software download, it can be a membership site—it seriously doesn’t matter. The most important thing is that you’re making the move; you’re taking the step to be able to become more of a passive income generating entrepreneur. Will it lead you to a 4 Hour Work Week lifestyle? Maybe. Maybe it won’t. But the most important thing is that you’re taking that first step to be able to try and create your muse, get it up online and get people spending money on it.

So when it comes to utilizing virtual staff to be able to create that muse and get it out there, there are a number of different ways you can utilize the support they bring to the online business-building table.

Get Them to Work Hard, While You Work Smart

The first thing to do straight off the bat is competition research and keyword analysis. And a virtual assistant can do that for you very, very effectively. I have people working for me full-time here in the facility, checking this stuff out for me, as I write this post – but, you can do it with anybody anywhere in the world.

Once that research is done and you’ve figured you want to give it a go, it’s time to register your domain name. If you struggle on this, brainstorm with the people around you to come up with ideas for that all-important domain name. I have credited my wife, Ercille, on many occasions and in many interviews to naming the blog you’re reading right now! Obviously, you’re going to want to make sure it’s related to the product that you’re going to be creating and selling in some way shape or form.

Your domain name registration and coming up with ideas can also be done with, or by your virtual assistant as well. Once that goes into effect you’ve got to develop your online portal, or your blog. You can do that yourself but it’s going to take a long, long time to customize, for instance a WordPress theme. I tried it myself on my first blog or two. I did achieve it, but it took forever (especially as I am a bit of a perfectionist!) and I’m just too busy for that kind of stuff nowadays.

Get Them To Do The ‘Techy’ Stuff

Get anybody with PHP and/or WordPress knowledge and experience and it’s a slam dunk all the way. Virtual assistants are perfect for this type of stuff – plus, if you don’t want to hire a full-time developer, just pay them for the project itself.

Graphic design. Now this is obviously not just for your online side of things, but offline, too. Like laying out and designing an eBook, or producing a video, 3D graphics that you are going to be using in the video side of the product that you might be putting out, etc. You can also look at hiring a virtual staff member to be able to handle the editing of your videos as well – both for the short and long-term.

Get Them to Network For You

Something else that you can really utilize virtual staff for is networking. Networking online through Twitter and Facebook, LinkedIn, Myspace—although it’s not talked about nowadays – that sort of stuff is perfect for a virtual assistant, because a lot of it can be put on autopilot. It is, however, very time consuming, so don’t waste your time on Twitter all day long!

Bottom line here is that as long as you’ve given your virtual assistant good directions, they can do almost all of your online networking for you, saving you a boatload of time, so you can focus on other money-making tasks!

One of the other big things you can use virtual assistants for to great, great effect – and this is something I’m a big fan of – is online research. Get them to research the living daylights out of any kind of business model that you might be thinking about pursuing, someone you might want to JV with, or a website you want to review, etc.

So, there are a few different ways to utilize a virtual assistant to create your muse, just as Tim Ferriss has done. If you have had success in working with VA’s to help you do this type of stuff online, please share your experiences below – share the wealth, guys – it’s good karma!

Why I Want to be a Virtual CEO (Part 3 of 3)

Location: The Beach, Cebu – Reading / Viewing Time: 4mins

First up, thank you so much for all the great comments and feedback on this short video series. I have thoroughly enjoyed reading all the blog comments, tweets and emails I’ve been getting all week long. I genuinely didn’t think they were going to be this popular, but, it just goes to show you – never underestimate the power of peoples feelings, and true fans and friends. Thanks again, guys.

Today I wrap up the series, which I shot at a local beach resort here in Cebu, Philippines, when I was on a little getaway with my family last week. In this clip you’ll get to find out the single most important part of wanting to become a Full-Time Virtual CEO – simply being able to ‘be there’ more, for my family. Such a simple thing, but in todays hustle and bustle of business life, its sometimes tough to get around to it.

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Why I Want to be a Virtual CEO (Part 2 of 3)

Location: The Beach, Cebu – Reading / Viewing Time: 4mins

So, here we are with the second part in my short, but sweet three-part series of videos on why I want to be a Virtual CEO. In the last clip I discussed being location independent, which basically means I will be able to work from anywhere, any time I like. The goal here is to make it as seamless as possible, however, so nobody even knows I’m traveling, etc.

In this clip I talk about something that, as a true entrepreneur, I do definitely struggle with. And thats being able to act on some of the ideas and plans I put down on paper, be able to expand my business portfolio, and diversify my earning potential as a business owner. So many ideas, so little time…!

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Why I Want to be a Virtual CEO (Part 1 of 3)

Location: The Beach, Cebu – Reading / Viewing Time: 4mins

Last week I pulled my family out of the city and escaped to one of the many fantastic beach resorts we are blessed with, here in Cebu City, Philippines – getting a taste of the Virtual CEO life, shall we say! Whilst there, we stayed three nights and completely ‘let go’ of everything. I worked seamlessly (about 5 hours a day) throughout the trip – even to the point where one of my managers sent me an email to ask if ‘he could come to my office to discuss a few things when I had time’. He had no idea I wasn’t in the building! Now, THAT’S what I’m talking about!

As I’m at the half-way point on my quest to become a Full-Time Virtual CEO, a goal I set for myself at the beginning of the year, I thought it might be nice to shoot a little series of videos, whilst on this latest little getaway, to give you an insight as to the three main reasons that are spurring me on to accomplishing this year long mission!

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June 2010 “Virtual CEO Goal” Monthly Report

Team Building

Very Small Selection of my Awesome Staff at Our Team Building Event!

Location: Company HQ – Reading Time: 5-6mins Number of Days in the Office: 19, Total Number of Employees: 214 This week has been crazy! In fact, the entire month has been pretty mad! As my quest to become a Full Time Virtual CEO continues, I am making more and more moves to make sure I not only hit the target and achieve the goal, but more importantly, that my company will be in ‘good hands’ on a day-to-day basis when I do ‘disappear’, so to speak! One of the big aspects for me to achieve my goal is in alleviating the stress of daily business management, whilst still focusing on growth. So, this month saw a new hire. Our new Business Development Manager will be taking a lot off my personal plate, in regards to working with prospective clients and our internal marketing team, too. Up until recently this has been ALL ME. As she becomes more comfortable, she will also be strategizing with our existing clients, and helping them grow their accounts with us, too. I am really excited about this hire. …

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What’s it Like to Live and Work in the Philippines?

https://www.youtube.com/watch?v=hafasJg0VZ8

Location: Company HQ – Reading / Viewing Time: 10mins

One of the questions I get asked a lot is the title of this post – What’s it like to live and work in the Philippines? As someone who has lived in the Philippines for the last 10 years, I have many stories to tell, of course – anyone would! But, I believe that when people ask a question like that, they are more interested in the what, where and why – rather than stories.

So, I decided to shoot this quick video to give you a bit of an insight into the country, its people and how things get done here. Please, do not expect an all encompassing guide on the subject (its only a short clip!), and remember these are just my own personal opinions and ‘take’ on living and working here.

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Business Travel Tips for Location Independent Professionals

business travel tips

Location: Home Office – Reading Time: 5mins

Being location independent is more than just being able to work from coffee shops and beaches via a laptop, whilst conversing with clients worldwide. The true location independent professional will spend a lot of time actually traveling. A little while ago, I posted an article here on the blog in regards to travel tips for entrepreneurs, which was quite popular. However this was aimed more towards people who are usually based in the same location, who travel from time to time and wanted to maximize their work on the hop, through utilizing certain business travel tips.

So, for the more nomadic modern day entrepreneurs that read the blog, here are a bunch of simple tips that you can use to maximize the time you spend on the road traveling, and generally enjoy the travel itself, a little more than usual.

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The Indisputable Power of the Entrepreneurial Spirit


Location: Home Office – Reading Time: 6mins

This is a Guest Post by Matthew Needham from The Big Red Tomato Company.

When Chris asked me to write a post on the Entrepreneurial spirit, I agreed straight away. Although when I started to think about, it’s not actually a very easy thing to define. I mean everyone sort of knows what it is, but what exactly does it mean?

In this post, I’m going to attempt to answer that question and what it means for you.

Entrepreneurship is very important to the world economy. More people work for small businesses than they do large ones. So the more entrepreneurs we have can only be a good thing.

Over the years I’ve met with many entrepreneurs. Some working for themselves, others working in large organizations for someone else (a few years ago management guru’s used to refer to such people as intrapreneurs, but you don’t tend to hear of that very often now).

These entrepreneurs were all different. They came from different backgrounds, different cultures, they were of different ages and different sexes. They didn’t look alike and they didn’t dress alike.

BUT, they did have an awful lot of things in common….

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