Short YouTube clip discussing using virtual assistants—particularly hires in the Philippines—to reduce costs for routine business tasks (data entry, monitoring) compared with high U.S. wages (example: California). The speaker endorses virtual assistants as a practical, cost-effective way to keep routine work updated and running smoothly.
Chapters
Something else that we like to do is work with virtual assistants. So if you are not familiar you can literally hire people from all over the world to do things for you. I know people who have hired virtual assistants in the Philippines to just watch their security cameras. I personally don't do that. I have enough of a team to handle that here in the States but these are folks who typically going to get some kind of arbitrage on meaning Instead of paying $25 an hour in California you can pay three or four dollars an hour in the Philippines. It's a good living for someone in the Philippines to do just kind of menial tasks, maybe data entry, things like that. So we do have virtual assistants who work in business and that actually helps things run really smoothly. Make sure that you know certain things stay updated when otherwise they wouldn't be or cost an arm and a leg in the United States especially in expensive California where I am just to make sure simple things get done.