Are you a value seeker or a bargain hunter?

In this blog, seasoned freelancer and Passionate PA Debbie Frith (pictured) explores why business owners looking for freelance business support need to focus on more than just hourly rate… price is what you pay, value is what you get.

Whether you sell a product or a service, have you ever been in a situation where you’ve been asked to lower your price? Have you ever been told that you’re too expensive? Or been asked for a discount, to do a deal or to give more for less?

I expect that somewhere along the line you have, and I’ll wager that you were pretty cross about it. I imagine that you were told that your product or service was available elsewhere cheaper too.

When price is a driver, value becomes unimportant

Price is simply defined as the amount of money expected, required or given in payment for something.

Whereas value is the regard that something is held to deserve; the importance, worth or usefulness of something.

Focusing on price is a short-term consideration, delivering short term wins. When you’re looking for a longer term and more stable strategy, then focusing on value is the way forward.

In the words of Warren Buffet, “Price is what you pay, value is what you get”. 

When something is offered at a cheaper price to your own product or service, there’s usually a reason why it costs less, reasons such as:

  • Lower quality and standards
  • New to the market
  • Lack of skills or experience
  • Mass produced
  • Lacks longevity
  • Desperation for customers

Those seeking value in their purchase are more likely to be looking for:

  • Unique strengths
  • A personal connection
  • An excellent overall buying experience
  • Values aligned with their own
  • Quality and consistency
  • Trust in a brand or concept

When being cheaper is more expensive

We’ve all done it though, haven’t we. Bought that cheaper version of a product or service whether it be a buying clothes from Primark or using a casual tradesman that’ll fix that leaky pipe for just £10 cash.

What happens?

The clothes don’t last very long, they’re cheap and cheerful yes, but they’re not likely to be your wardrobe staples that you can rely upon, wear after wear, wash after wash. That leaky pipe, may well be fixed for now, but when it springs a major leak, just before you’re about to go away for the weekend, where’s your £10 tradesman now? Disappeared I expect and what will you have to do? Call out a certified professional, Friday evening at what might seem an extortionate rate – oh how you wished you’d called them out in the first place and got the job done right first time.

So why am I talking about leaky pipes and Primark in the realms of freelance business support?

Let me tell you… If your business is as important to you as mine is to me, then you want to do your absolute best for it. If you’re in the market for some freelance business support to help you progress and develop your business, then you need to find someone who perfectly aligns with your own values and who is a good match for your own personality.

Buying this type of service on price is not advisable, it’s much more important to find and identify the right person with the right skill set (here’s a handy blog that will help you do this).

Invest in that person and you are by default investing in your own business (#winning)

That person charges a price which isn’t plucked out of thin air. It’s a price which is derived from experience and skills (though it’s up to you to do your homework on this), it’s a price derived from that person knowing their value and being prepared to stand by it. Treat others as you would like to be treated yourself – isn’t that a great mantra for life and business!

If you’d like to find your perfect match with a Passionate PA, then the best person to talk to right at the start of your journey is Kate Chastey, our Franchisor, she knows each member of our team very well and is a skilled match maker! After a discovery call with Kate, she’ll put you in touch with the person most aligned with your requirements, always based on experience, skill set and personality – in that way delivering the best value for you.

You can find out more about our team of business support professionals by clicking here!


Further blogs from The Passionate PA: 

Getting to know Claire

Claire Bartlett is a font of corporate know-how and experience, known best for her ability to work with directors of large teams looking to improve efficiency and profitability. Here she shares a typical day in her world.

Claire joined The Passionate PA in January 2018 after a high-flying career with an investment bank. She has proven herself to be an exceptional strategic partner with commercial focus; Business Development and Strategy are her forte. Meticulously organised and detail-orientated in everything (yes, everything!), Claire is known for her infectious laugh and can-do attitude.

Getting to know Claire

Alarm goes off at:
6.30am

Start the day with:
Coffee and checking Rightmove to give me a daily fix for one of my life’s passions – property! Then it’s reviewing the calendar for the day ahead. I always document the top three things that I need to achieve that day and try to get the most challenging one completed first. This gives me a sense of achievement and motivates me for the day ahead.

Where do you do most of your work?
Pre-Covid, it was an 80/20 split with the majority of my time spent face to face with my clients. Currently, its about 50/50 but I’m working up to getting out there more as this is when I can really get under the skin of my clients’ businesses and identify opportunities for improvement.

What sectors do your clients operate within?
Currently my clients are in management training and I also work with a fast-growing CEO and Managing Director level peer networking group.

Best part of your work:
Seeing the relief on my clients’ faces when I start taking the pressure off and organising projects and tasks for them. I love taking the lead when clients just don’t have the time. I also thoroughly enjoy bringing lessons from my prior corporate experience to the table and offering solutions they may not have considered before. Also, not forgetting the amazing feeling of being my own boss, deciding on the clients I work with and when and, also having that flexibility when I need it the most.

Worst part of your work: 
Finding a happy balance between being the greatest businesswoman I can be and the greatest mum too. I find it so hard to down tools at times, but it is so important to look after yourself to ensure you are the very best you can be. Champagne Friday’s help a lot!

Clients you add most value to:
Two of my current clients are looking to grow their business rapidly over the next few years and I am helping them identify and implement strategic initiatives to move them towards achieving their goals. This is the work that I really love and being part of their Senior Management Teams allows me to challenge ideas together with suggesting different approaches at times. Taking the lead with some of these initiatives greatly reduces the strain on my clients, enabling them to focus on what they are brilliant at knowing that there is a trusted pair of hands helping them along the way.

After work you’ll be:
Since Covid, I’ve taken a hard look at how I spend my personal time. I love nothing more than a walk on the beach with my family – you’ll often find us at Hengistbury Head enjoying pizza on the beach. I love to read, cook and have dinner with friends. Life is so precious, and I love spending time with people that inspire me and lift me up.

Why a franchise with The Passionate PA and not go it alone?
I didn’t want to go out and do this on my own as I love the support of Kate and her guidance and understanding of the role. The other Passionate PAs are invaluable not only in terms of support but in our shared knowledge and experience! I did not appreciate just how well-known our brand was until recently, this has opened so many doors which, had I gone it alone, would not have presented themselves.

What did you do before:
18 years in various management roles at JPMorgan including a four-year stint in Luxembourg. Working on major clients, I was a key player in retaining and turning client relationships around. Management experience, risk and compliance management… big job, fun at the time. But this is rewarding on a very different level.

Favourite drink:
Champagne!

Favourite location for a business meeting:
I really enjoy going to clients’ houses or offices as I believe this enables me to really get to know them and provides valuable insight into their lives. We can tell so much by what’s on someone’s desk or dining table! Otherwise, it has to be The Olive Branch in Wimborne or anywhere with a good, comfy sofa and a delicious lunch.

What are you reading?
“Feel the Fear and Do It Anyway” by Susan Jeffers.

Your guilty pleasure:
A monthly massage with the amazing Fran. Check her out on Instagram!

Favourite hobby/past time:
My new passion is on the water, on a gorgeous boat with a glass of bubbles. Failing that, a good walk at the beach or in the New Forest with my husband and boys.

Most inspirational/influential person in your career:
My Dad. One of the strongest, most intelligent, hardworking and honest businessmen I know. He built a successful company and survived a recession when most local building firms did not. He taught me integrity and respect, and to always go to bed with a clear conscience.

Favourite animal and why:
My cats. Love their independence and calming presence.

Greatest contact/supplier that deserves a plug:
Heidi Roper, View HR. Heidi is not only incredibly knowledgeable and amazing at what she does, but she is so much fun to work with and gets amazing results with the clients that she works with. She has true passion, and it shows.

Your business plan (in one sentence!) for the coming year:
To build strong, trusting, local relationships to ensure that I am the Executive PA of choice for Ringwood and the surrounding area.

You can find out more about Claire by clicking here! Or, pop her an email and make a date to get together for coffee (or champagne?).


Further blogs from The Passionate PA: 

EPAA Member Interview with Kate

Last week, our director and franchisor, Kate Chastey was delighted to join EPAA’s CEO Victoria Wratten, as she continued to interview members and find out how they came into the PA profession.

In this engaging hour-long interview, Victoria asked Kate about her career journey and for her top tips for anyone looking to have a career in executive and business support – particularly freelance.

Kate found her love for being a PA at just 16. She did a work experience shadowing Laurence Llewelyn-Bowen’s PA and found the variety and scope so interesting. After doing her degree and an early career in the advertising industry, Kate met a lady that changed the course of her life forever. Sarah Howells run a small business called The Passionate PA and Kate, excited by what the freelance word might have to offer, joined Sarah in February 2010.

Very soon after however, Kate found herself at the helm of the business – alone and way out of her comfort zone. She spent four years learning how to be a successful freelance PA and building the business into a successful brand in its own right. In the last decade she has worked alongside all sorts of business owners from tech start-ups to global business and the thrill of business growth, even today, is what gets her up in the morning.

In 2015 Kate decided she wanted to help other talented, determined and positive individuals build their own successful careers as freelance PAs and so franchised the business.

Her role now is to lead The Passionate PA, helping her small but incredible team of franchisees in their work with entrepreneurs. It’s a varied role, one where Kate gets to fulfil her passion for business, people, creativity and entrepreneurship in equal measure.

Kate’s dedicated to helping others understand the freelance PA role in today’s business world and loves nothing more than assisting others on their journey to a fulfilled and happy career.

About EPAA

Founded in 2016 to bring together a range of business support professionals and support them through a period of industry upheaval and transition, EPAA has now become the go-to organisation for EA/PA professionals in a diverse range of roles, all of whom provide invaluable support essential to the day-to-day running of any and every successful business.

The work of EPAA isn’t just for our members, but for the EA/PA professional community as a whole. EPAA strive to establish and maintain the sustainability and longevity of the profession in UK and international business and continue to help build a diverse and technologically proficient workforce that has the capacity to endure these turbulent times for the EA/PA profession.

Kate has been a Fellow Member since April 2020.

Learn more about the Association and their work here.

 


Further blogs from The Passionate PA: 

The Disenfranchised Podcast – Don’t ever have a Plan B

In the Disenfranchised podcast series, Ed talks with entrepreneurs, experts and leaders from across the franchise community discovering their life stories and their tips for success away from the typical 9-to-5 grind.

The #Disenfranchised was created to showcase a community that offers a different career path and lifestyle for people who have become disenfranchised with the world of employment, inspiring them to take control of their lives and start earning more for themselves.

About this podcast episode

Kate Chastey, our franchisor, was delighted to be asked to talk with Ed Purnell on his renowned podcast.

Making the decision to leave employment is one of the toughest decisions you can make in your career, but you need to commit to it fully! A plan to return to employment if it all “goes wrong” might seem like a good idea, but it could determine the outcome before you’ve even got the business off the ground.

In this episode Ed speaks with Kate Chastey of The Passionate PA and learns how, despite the odds, she repeatedly committed to her plan A and created the career she desired. We enjoy a fun conversation that also included:

  • How she found work experience with a TV celebrity
  • The fear of stepping off the corporate ladder
  • Kate’s dedication to helping people to build great careers
  • The common misconceptions of the franchise industry
  • Strange requests from clients
  • And of course much, much more!

Click here to listen to the podcast

Or watch the recording below!

 


Further blogs from The Passionate PA: 

Kate on the Evolve to Succeed Podcast

Listen on Spotify

Listen on Apple Podcasts

Listen on Google

For the first time ever, our Director and Franchisor has spoken publicly about how she came to take over The Passionate PA at just 26, and the effects that choice has had on her as a person.

“Starting a business is never easy, but doing so at just 26 with the weight of the world on my shoulders was probably one of the hardest challenges of my life. It’s a choice that has made me ultimately very happy, but the initial years were a rollercoaster of emotions, challenges, excitement and continuous feelings of not being ‘enough’.”

Kate Chastey was delighted to be asked to talk to Warren Munson, long-time supporter of The Passionate PA. The team at the Evolve to Succeed Podcast did a superb job of creating the finished recording.

Kate said “this was a wonderful opportunity to share my business story and talk so openly with Warren about the things I hold so dear. Creating a life I don’t need a holiday from is 100% my personal definition of success and it was great to discuss that with Warren.”

In this episode, Kate and Warren also talk about:

  • How Kate’s early work experience with an entrepreneurial celebrity shaped her belief in what a PA could be and what she now feels a modern PA should be for entrepreneurs
  • How her early career in advertising agencies helped her learn so much about people, leadership and performance – and gave her the grounding for the leader she is today
  • Kate’s experience of Imposter Syndrome when she took over the business and found herself with very big shoes to fill
  • Our route into franchising with Kate’s ‘build it as we go’ approach and her fierce commitment to the people that choose to partner with her as Passionate PAs
  • How Kate’s father influenced her view of corporate life and financial security, and to this day still thinks she should get a ‘proper job’
  • And, of course, how all this has effected Kate’s personal life and given her a truly unique mantra to live by… “Create a life you don’t need a holiday from.”

“My definition of success is being able to enjoy every single day whilst adding real value to the people around me. It’s not about money. Success, to me, is about fulfilment – and understanding that it is all about NOW rather than one day in the future.”

Happy listening.

 


Further blogs from The Passionate PA: 

Freelancers can help you weather this storm!

As the reality of coronavirus continues to imprint itself into our lives and into our businesses, working remotely has become intrinsic to working practices in all manner of sectors.

The business landscape has changed. New habits are becoming engrained in our society, and the pandemic has forced many business owners to embrace remote working and flexible working hours. It’s become the new normal for so many SMEs, corporates and ambitious businesses; even with the vaccine in sight, this way of working is likely to continue for the foreseeable future.

But freelancers have been embracing this way of working for years. Freelancers can provide solutions to nearly every hurdle business owners face, whether providing an entire service on a long-term basis, filling in a skills-gap for an interim period or completing one-off projects. Freelancers are professionals, offering on-demand skills and experience that can add a serious edge to most businesses.

While government loans may prevent businesses from going bust during these strange times, those loans will need to be paid back. As a result, now more than ever, businesses need to look at long-term stability and accelerating growth in order to stay ahead of the competition.

Hiring a freelancer can help overcome challenges without the need to employ. They offer the flexibility businesses need in uncertain times, and, by the very nature of the partnership, the long-term loyalty often lacking in employees.

The Passionate PA offers exactly that; a relationship-led partnership that helps ambitious business leaders and entrepreneurs drive change, build momentum and generate results. Often a commercial sounding board forour clients, The Passionate PA finds solutions, challenges clients to think differently and ensures the highest quality service in all aspects of business delivery.

As business owners ourselves, we know what it takes to run and operate a business meaning we do not fit the archetypal view of a personal or virtual assistant. Rather than managing diaries, accounts or filtering calls, a Passionate PA can assist with anything from streamlining business processes, copywriting and project management right through to driving growth through effective marketing strategies. We are masters of implementation and if it’s on your business to do list, we will help you tackle it.

While effective communication and business management is vital when working with any freelancer, The Passionate PA brings a second business brain to key decision makers and directors who might not always have the senior support they need, or solopreneurs who have no one else in their business to help them think strategically about their vision, their goals and more importantly, how to make them a reality.

Finding the right freelancer can take time so be sure to ask trusted business networks for recommendations or read reviews and testimonials. It might be necessary to work with a freelancer on a trial basis at first, or at the very least have an introductory meeting, just to ensure you will work well together based on personalities. However, once you know and trust a freelancer who delivers a service in line with your brand and ethos, it’s a relationship that can last for years!

Freelance services will be intrinsic to business growth as we tentatively emerge from our lockdown bubbles. It’s a really viable option for those business owners who want to develop at pace with flexible, loyal, commercially minded support but no employment contracts.

Founded by Dorset businesswoman Sarah Howells in 2007, and franchised in 2016 by Director, Kate Chastey, The Passionate PA has worked with leading brands such as Virgin Media and the Institute of Directors. It now supports a wide range of entrepreneurial professional services companies as well as agencies in the recruitment, digital marketing, financial services, IT and creative industries to name but a few.

To find out more about how a freelance PA can help you emerge from this storm stronger than ever before, contact us today.

You can find out more about our skilled team here!


Further blogs from The Passionate PA: 

Compartmentalise and Conquer!

Being organised and productive is a choice. That choice is the difference between being a busy fool and a successful business person.

The one trait really productive people share is the ability to compartmentalise their activities. So, in this blog, we share our top tips from over a decade of working with inspiring business leaders:

  1. Write down your personal definition of success i.e. are you wanting to be the world’s greatest parent, a caring employer or a successful business owner. OR, are you trying to create balance – if so, what does balance actually look like in reality with the values and responsibilities you have?
  2. Write a daily To Do List of the things that must get done in order to achieve your overall success goal. One sheet of A4 – no more.
  3. Be ruthless, if the task in your head doesn’t “make your boat go faster” or serve your personal values, do not write it down – scrap it.
  4. Create barriers to all distractions – physically and emotionally. Set times to turn off your phone, get off social media, step away from the news. Create space in your day for the important, critical To Dos.
  5. Allocate time to each ‘compartment’ on your To Do List, and a set time target to achieve each individual task. Remember ‘done’ is better than ‘perfect’.
  6. Multitask with cautions. Only do this on the things that don’t really have an impact on your success.
  7. Share your planned way of working with others and set clear boundaries for them i.e. between 8am and 10am every day is your Business Development time so you cannot be disturbed or between 5pm-7pm is exercise and healthy food prep. Explain to others why this protected time is so important so they become advocates, rather than distractions.

Here is a tool we use to help clients get started with this new ‘compartmentalise and conquer’ approach.

DOWNLOAD YOUR PDF NOW


Further blogs from The Passionate PA: 

Sharing the secrets to our success…

Countless people dream of leaving employment to become their own boss, yet few have the courage. For those that do take the leap, becoming a business owner is no mean feat. It’s a path fraught with challenges and the statistics are not in their favour – a high proportion of start-ups fail within their first 3 years.

Whether it’s issues with funding or financial control, a lack of business planning or an unclear value proposition, or simply poor marketing or an overreliance on one or two customers – it’s so easy to ‘fail’ when it comes to running a business.

It isn’t easy, particularly in the freelance world, building a resilient, valuable business that makes a profit and fulfils an individual’s potential. As any freelancer or sole trader will tell you – it’s oh so easy to work 70 hours a week, never see your family, or do the things you love, and end up not making a great living from it anyway. 

Three of our Passionate PAs are celebrating a very different story! Having each decided they wanted to embrace the challenge of becoming self-employed, they chose to invest in a franchise opportunity with The Passionate PA. For them, this was the peace of mind needed to ensure their gamble paid off. 

Debbie is celebrating the start of her 5th year in business, and Jenni and Claire are each celebrating the start of their 3rd. As they reach these important milestones, they are reflecting on the secrets to their own success and sharing some valuable advice for all business owners at the beginning of their journey.  

Debbie Frith

I’ve always loved helping businesses to grow, it’s been my job for 28 years in various guises. I love the cut and thrust of business. I love the highs and the lows that make us work harder and push ourselves further. I love the learning and development that comes with a growing healthy business. 
 
The new challenges faced daily provide opportunity for both personal and business growth. As a Passionate PA, I get to support not just one business, but many businesses in varying sectors. This makes for a diverse and engaging schedule, I can tell you!
 
My personal strategy is to focus on using my strengths when partnering with clients; to do what I enjoy doing and what I know I’m good at so I can deliver tangible value to their businesses. This is the ‘not very secret’ to my success. Spending time wading through tasks that don’t float my boat, makes for a very dull and unhappy me. As a Passionate PA, I get to choose who I work with, what I do with them and when, giving me the balance I need in life. 
 
There’s always a challenge, but then that is what drives and motivates me. Knowing The Passionate PA team are there to celebrate the highs and support me with the lows makes all the difference and why I know for certain that choosing a franchise for my self-employment was the right thing to do.

Debbie Frith Passionate PA Poole

Jenni Bowman

There have been many highs and lows for me over the last two years – and many lessons learnt! It’s definitely not all been plain sailing. However, there is one piece of advice that I try REALLY hard to adopt and it is something that I tell my clients all the time; “Just Be You”.
 
Life as a Passionate PA means that I am very fortunate to garner close working relationships with my clients. I get to see the best and the worst of them, and this is one of the many aspects of my work that I love! A common theme I have found amongst all the business owners I create relationships with, whether they be networking contacts, my clients, my friends or my colleagues, is that we all feel vulnerable at times. It can be really hard trying to sell yourself and your service in the big wide world – hence why being You is just so important. 
 

The secret to my success has been personality! People buy people. I may not be everyone’s cup of tea, but that is ok. In business, I want to form relationships with people who understand me and who I can understand too – that goes way deeper than just getting things off their To Do List! There is simply no point trying to be liked by everyone or appeal to everyone – and even less point trying to tell everyone how you can help them ‘do everything’ which is so common in our line of work. That’s what I love most about my business as The Passionate PA; I am allowed to be me and play to my strengths. My clients love that too.  

Jenni Bowman Passionate PA Bournemouth

Claire Bartlett

My first two years as a business owner have been a huge learning curve. Coming from a corporate background, it took some very strong determination to carve my own path. The secret to the successful growth of my business, and myself as a businesswoman, has been complete clarity and confidence in my own USP. It’s been so important to me from the outset that my clients understand the skills and expertise I bring to their business, and the value that creates for them. 
 
Having a strategic marketing plan is critical too – and this really is why a franchise was right for me. I knew nothing about marketing when I started, but now, I am confident I have the skills to drive my business from strength to strength. Knowing what to do, and when, particularly at the beginning, was mind blowing! My advice for anyone launching a business would be to have really clear goals and a routine approach to Business Development, try different networking events in your area until you find those that fit with you and your business. Grow your circle of trusted resources and confidants, and don’t be afraid to ask for feedback, in fact, insist upon it (both good and bad) as this is the only way any of us grow. 
 

As a parent with a crazy busy home life, I would also say it’s important to know your personal limits and created positive boundaries. Be known for being reliable, trustworthy and honest – but never over promise. Integrity is everything in our business but so is passion. I love what I do, and I believe it shows. Do what lights you up inside as this keeps your own motivation levels high but also inspires others to be the best they can be too.  


Claire Bartlett Passionate PA New Forest

Collectively, Debbie, Claire and Jenni provide freelance PA support to 18 ambitious business owners across Dorset and West Hampshire, clocking up over 300 hours a month of support to the region’s finest entrepreneurs, directors and business owners. With their expertise in Business Development, Operations, Process Management, Marketing, Project Planning, Event Management, EA support  and so much more being shared on a daily basis – these three women are valued additions to the management teams within their clients’ businesses.  

If you’d like to learn more about having a Passionate PA in your business, please visit our Team Page or call 03 3000 20 200.


Further blogs from The Passionate PA: