Saturday, January 31, 2026

Breakthrough!

I was about halfway through this week in Ghana when a number of things hit my consciousness.

First, Theodora Ghana Virtual Assistants' billings and collections for January and February were going to result in substantial surplus cash flow over our required monthly operating expenses

Second, assuming we can maintain this level of client billings (and all indicators are that we should), we will be able to accumulate all of the money we need for our annual office rent (we pay rent once a year in advance). This is the first time we have been able to pay our rent out of operating funds. 

Third, by mid-February, will have repaid all the salary arrears we accrued during the lean months of 2025.

Fourth, for the first time ever, we will not use any donated funds to cover operating expenses!

Fifth, instead, we have been able to get this week three major items that have been on our list of 'must haves' in order to be a truly professional operation.

  • Truly reliable internet connection via a Starlink system
  • Reliable power back-up through the purchase of a backup generator
  •  Retention of a trauma counselor to provide this necessary resource for our people. 

Sixth, as we go into 2026, I have come to the realization that we really don't need to do any fundraising in order to be able to get TGVA up to snuff.  

 We still need to develop a reliable new business acquisition system. That takes years but we are getting started. We still are very vulnerable to the loss of clients. But for the first time since we started, I believe we can say we are truly a business capable of paying its own way.

 

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