Stay-at-home mums have one of the toughest jobs in the world. They take care of the family, clean the house, cook the meals, do the laundry, and even handle monthly budgets. It’s amazing how well they manage all these tasks while still having the bandwidth to take on new roles. In fact, thanks to advances in technology, some mums even go on to become entrepreneurs from the comfort of their homes.
Truly, it’s now easier than ever for mums to start their own businesses without ever having to leave the house. There are plenty of existing e-commerce sites, social media platforms, and smartphone apps that one can use to get their business up and running. There is no shortage of accessible online resources, giving budding entrepreneurs endless possibilities to explore.
Have you been considering starting your own business as well? With this abundance of options, it can be overwhelming to figure out how to successfully build one from the ground up. If you feel that you’re lacking the confidence necessary to pursue this path, you can sign up for a coaching membership for budding businesswomen to receive mentorship and professional guidance. To help you get a head start, here are some things you can do to prepare for your journey to entrepreneurship:
1. Know Your ‘Why’
There can be all sorts of reasons why stay-at-home mums want to pursue entrepreneurship. Some may want to earn a little extra to help with household expenses, while others want to keep themselves creatively engaged during their downtime. Meanwhile, some mothers of older children end up starting a business to productively use the downtime they have while their kids are at school.
Before you dip your toes into becoming your own boss, you need to be clear on your intentions, too. This will set the stage for your entire journey.
Think about why you’re starting your own business. Are you doing so to improve your financial status and add a little more income to your household? If so, don’t stop there. While extra earnings are always welcome, you need to understand where such earnings will go or if it will lead to achieving something valuable. For instance, is it in order to save up for future needs, such as your childrens’ education funds?
Aside from money, it’s also possible that you have deeper motivations for wanting to become an entrepreneur. Maybe it’s a dream you’ve always had?
Whatever your reason may be, make sure you’re clear on why you’re doing this, as it will inform the rest of your business goals.
2. Find a Source of Inspiration
The road of a business owner is a long and challenging one. Along the way, you will encounter obstacles that may temporarily distract you from your goal. To help you stay motivated, seek a source of inspiration. Perhaps you know of a friend or relative who pursued entrepreneurship while staying at home with their kids. Learn about this person’s struggles and how they got started on their journey to business ownership. You can also look up stories of other mums who succeeded in starting their own home-based businesses and let these tales inspire you to stay the course.
3. Identify Your Strengths and Passions
To come up with your dream business, you need to determine which of your strengths will be valuable while running your business. It’s also important to know your passions, as you’re more likely to stay motivated and enjoy the experience if you love what you do.
Let’s say you’re a detail-oriented and creative person who’s good at baking. A great business opportunity would be selling custom-designed baked goods, as it would allow you to express your creativity while doing something you’re skilled at.
4. Find the Balance Between Being a Mum and Being a Boss
Establishing the boundary between being a mum and an entrepreneur can be difficult. Since your workspace is also your home, it’s easy to fall into the trap of working all day. You might also find it difficult to take care of your kids’ needs while you’re overseeing your business.
Fortunately, you can take some steps to find a healthy balance for both roles. For example, you can set a time in the day when you clock off for work-related tasks and shift your focus to your family. Remember to include some me-time in your schedule as well. It’s important to take care of your personal needs and get ample rest so that you can more effectively perform as both a mum and a business owner.
Wearing these two hats can be challenging, but it can also be very rewarding. Starting your own business can not only help you earn some extra income, but it may also help you find your purpose in life. That said, all this is difficult to do alone, so don’t hesitate to reach out to friends, family, or colleagues for support if you ever need it. Good luck on your Journey to becoming an Entrepreneur!
Do you want to be an entrepreneur but need guidance on where and how to start? Then, send us a message today.