The Virtual Success Show

The Virtual Success Show


Why Siimon Reynolds, One Of The World’s Leading High Performance Coaches for CEOs and Entrepreneurs, Is Using Virtual Teams For Many Key Functions Within His Highly Successful Business

May 25, 2016

Why Siimon Reynolds, One Of The World’s Leading High Performance Coaches for CEOs and Entrepreneurs, Is Using Virtual Teams For Many Key Functions Within His Highly Successful Business
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In this episode, Siimon Reynolds, mentor to business owners worldwide, shares his own experiences with using virtual teams and how using virtual staff for many vital functions within his business allows him to keep his business running successfully, as a 24/7 operation.
 
This episode is full of insights from Siimon into how to effectively use virtual teams to create business success. Some of the areas he covers are:

Why having a team of virtual ‘specialists’ is so beneficial to your business
Deciding whether full-time, part-time or project-based staff work best for you
The advantages of virtual teams versus local teams
Managing the challenges of working across time zones
How to get over the ‘hurdle’ or fear of thinking virtual teams won’t work for you
How important it is to have very clear processes in place for your virtual team
The importance of regular communication, both verbal and written, with your team

Let us know what your key takeout has been from this episode and join the continuing conversation over in the Virtual Success Facebook Group.

 

In this episode:

01:46 – Key team players

04:34 – Part-time vs. Full-time vs. Project-based

05:25 – Advantages of virtual teams over local teams

07:30 – Challenges of working across time zones

11:40 – ‘The Hurdle’

12:30 – Getting over ‘The Hurdle’

14:43 – So I have a VA, now what?

16:40 – Good relationships

17:33 – How proactive should my VA be?

19:56 – The art of communication

21:39 – The more you grow, the better people you need

22:52 – Wrapping things up

Matt: Welcome to this episode of the Virtual Success Show. I’m really excited to be sharing and talking with Siimon Reynolds today but before we introduce Siimon, hey Barb how are you going?

Barbara: I’m great Matt, thank you very much. Delighted and excited about this show to hear Siimon’s great insights into virtual teams.

Matt: Fantastic, and so welcome, Siimon, to today’s show!

Siimon: It’s great to be here!

Matt: Fantastic! Siimon and I, we work closely together at The Fortune Institute and I met Siimon back in 2008 and I think at that time you just moved from Australia to United States, Siimon is that correct?

Siimon: Yeah absolutely! I’m there now, here in almost always sunny, Los Angeles.

Matt: Fantastic! What amazed me at the time when we met – that time when we met you were coaching me – was that you were running your coaching business, you were living in the US and yet you had a team here in Australia doing a lot of the coordinating and the like for you. So, I guess what we want to share with everybody today was your experiences with virtual teams and using virtual staff for many functions within your businesses and your experiences with that. So if we could start with just sharing who you’ve got on your team, or your virtual team, and what sort of key roles that they play or task that they do for you.

Key team players

Siimon: Yes sure! Well, look I have a virtual assistant and have had for many years in Australia and she’s responsible for doing a whole lot of stuff, she sets meetings for me, she actually handles a lot of my finances, you know so she pays bills that are needed, all that kind of stuff. I use her also for research, so that could be work research or ‘Can you search for a company that does XY and Z?’, or I even use her for things like holidays, so if I want to go to Italy, I don’t search through for the best hotels in Milan, I say I want a hotel like this within these parameters in Milan, can you present me three good examples of that.’ So that’s incredibly useful and an amazing way to slice off time and I’ll even use her to slice off a minute, numerous times a week, so for instance, if I have or someone wants an appointment with me,