Virtual Entrepreneurship & Virtual Assisting

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This is a presentation that was originally presented at the NBEA Conference in Newport Beach, CA in February 2012 (updated for this site in October, 2013). This presentation is about teaching virtual entrepreneurship and virtual assisting in community college and technical college institutions. But it could also be applicable to high school classes.

For more information, visit http://ProfessorSmedley.com

Published in: Business, Education
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Virtual Entrepreneurship & Virtual Assisting

  1. 1. by Lauri Smedley, Professor Sacramento City College Fall 2013
  2. 2. Lauri’s Background      Operated home-based secretarial services business in 1990s Worked for various individuals and companies Taught part-time, attended college part-time, ran business part-time, married with young kids (now grown) Community college professor for 15+ years Started virtual distribution business and an online novelty gift business in 2000s
  3. 3. Why I Started This Class @ SCC Great need in our economy  Offer students hope and help  Originally started as virtual assistant class  Grew to virtual entrepreneurship class 
  4. 4. Why Should You Teach Virtual Entrepreneurship (VE)?  Help students explore options  pursue their passions  supplement their income  enhance their resumes Open new doors of opportunity  Teach students about global business  Broaden your own horizons 
  5. 5. The Ideal VE Student Unemployed, Underemployed, Unemployable  Unfulfilled employees  Stay-at-home parents  People with disabilities  Those who “can’t” work for others  Self-starters and self-motivated  Problem solvers 
  6. 6. Required Skills Technical and soft skills required  Virtual entrepreneurship is NOT for everyone…   varies based on one’s life circumstances and level of commitment  Free self-assessments available at  http://professorsmedley.com/Skills_Assessment.html
  7. 7. Virtual Assistants (VAs) AKA Personal Assistant or Professional Assistant  All are virtual entrepreneurs  Typical duties include:  ̶ report writing ̶ graphic design ̶ bookkeeping ̶ assisting authors ̶ tape transcription ̶ web page design ̶ consulting, etc.
  8. 8. The VA Community Unusually close  Colleagues rather than competitors  Collaborators with seasoned VAs  Mentors for new VAs  Unified in the promotion of VA industry  Wants to spread the word that VAs are here to stay 
  9. 9. Some VA Resources AssistU – has two certification designations  IAVA – support organization for VAs in the UK, Australia, Canada, New Zealand, and the USA.  IVAA – non-profit VA organization  VA Certified – certification organization  Virtual Assistant Forums – collaborative VA community 
  10. 10. Certificate/Degree Programs American River College, California  Black Hawk College, Illinois  Blue Ridge Community College, North Carolina  Colby Community College, Kansas  College of DuPage, Illinois 
  11. 11. Certificate/Degree Programs Cuyahoga Community College, Ohio  El Centro College, Texas  Elgin Community College, Illinois  Harford Community College, Maryland  John A. Logan College, Illinois  Lord Fairfax Community College, Virginia 
  12. 12. More Certificate/Degree Programs Madison College, Wisconsin  Montgomery County Community College, Pennsylvania  North Idaho College, Idaho  Portland Community College District, Oregon  Sacramento City College, California 
  13. 13. More Certificate/Degree Programs Sierra College, California  Southwestern Illinois College, Illinois  Springfield Technical Community College, Massachusetts  Stark State College, Ohio  Triton College, Illinois  Vincennes University, Indiana 
  14. 14. Suggested VA/VE Course Topics Understanding Virtual Entrepreneurship  Skills Assessment  Choosing a business name, understanding trademarks, registrations, permits, domain names, designing logos  Virtual Assisting  Societal impact  RFPs 
  15. 15. Suggested VA/VE Course Topics (cont.) Industry, competition, and market  Working online (Internet technologies)  Financial planning  Legal considerations  Maintaining Balance  Project: Business Plan  Final in-class presentation 
  16. 16. Teaching Suggestions Bring in industry professionals  Have business plan competitions  Invite business plan judges  Include website design contest   students vote Design Facebook pages  Host an online radio show  VE lends itself well to an online format 
  17. 17. Some VE Resources Occupational Outlook Handbook  SBA  SCORE  Start-up Nation  Ultimate Business Plan Starter   Free software available
  18. 18. More VE Resources  Blog TalkRadio  Lauri’s Show http://www.blogtalkradio.com/professor-smedley ProfessorSmedley.com  Virtual Entrepreneurship (general Facebook page)  Virtual Entrepreneurship for Students on Facebook (student and faculty page) 
  19. 19. 1st Edition Virtual Entrepreneurship Materials 2nd Edition due out in January, 2014
  20. 20. VE Research Participants Link to virtual entrepreneurs who participated in research for Lauri’s book  http://ProfessorSmedley.com/Directory.html 

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