April 19th 2008
Letting off some steam!
I’ve cooled off a little bit, but I must tell you, I was quite annoyed this morning when I checked my email. I woke up in a good mood because both of my daughters slept through the night, which means I got my first full night of rest in three years. That’s no exaggeration, either. But it’s beside the point.
Let me set the story up a little bit.
A couple of weeks ago, I got a lead through my website’s contact form. I called the person back and we had a great discussion. When I asked him if he’d be speaking with some other VAs he told me he didn’t have the time and wanted to get started. So, I emailed him a copy of my agreement with the understanding that he would forward more project details and we would get underway.
I didn’t receive a reply, I followed up a couple times and he finally said that he found another VA that charges substantially less than I do, and she wowed him by taking the initiative and actually doing some of the work with no prompting from him, nor an agreement or payment for it. Needless to say, he was impressed.
So, this morning when I checked my email I was surprised to see a fax of my agreement, tweaked around to serve as a basis for this person’s relationship with his new VA. I was confused, thought that he accidentally faxed it to me instead of this other person, but as I looked at the very familiar agreement, my freakin’ fax number was left on there as the number to send the agreement back to. Kind of funny, right?
Well, what I didn’t find too funny was the price that this other VA was working for. It was less than half of my hourly rate, and I charge what I believe to be industry standard. There is no way a person can run a business for that type of money, not in North America. I don’t care that another VA got the project. I’m too busy to worry about that stuff. What does bother me, though, is that people charge such ridiculously low rates to land jobs. I think it does a great disservice to other newbies to the industry trying to make it by charging the rates that they need to charge to make a living.
I believe there’s a big difference between doing this as a job and running a VA practice as a business. This isn’t the first time something like this has happened to me, and I’m okay with it personally. I have clients that appreciate the fact that when you pay peanuts you get monkeys, so I’m doing just fine. I just hate that there isn’t a governing body or something to set a rock bottom rate for VAs to charge. I don’t know, is that a good idea or a bad idea? If everyone had to charge a minimum price it would at least put everyone on level playing ground. Am I just grumpy?
