Beginning a Business: 6 Tips for Mothers
March 16, 2022
I am starting a business, especially as a mother, which may be an exciting and occasionally daunting concept.
However, an increasing number of mothers are taking the jump and pursuing their entrepreneurial goals. Women own 11.6 million businesses in the United States, making them the fastest-growing sector of entrepreneurs, so if you’re a mom who wants to be self-employed or start your own business, you’re not alone.
Here are some pointers to keep in mind as you navigate the world of being a business owner while handling home and family responsibilities.
Avoid becoming paralysed by analysis.
To begin a successful business, you must first research your market and make sure that your product or service is something that your aim market is ready to spend for.
But be focused not to get too engrossed in your research for much longer. Some people become trapped in this stage, waiting for the “ideal” time to launch their firm, believing that they must know everything and be prepared for any challenges before doing so.
To help you go through the most crucial factors, try drafting a Lean Plan or an abbreviated business plan. You may complete it in under an hour, and you can always devote more effort to certain aspects of the business plan if necessary or desired. You may get started with a free Lean Planning template.
Looking through example business plans in your industry can also help you understand what you should be thinking about. This self-employment checklist, which you can download, can also help you stay on track as you get started.
It’s a lot like waiting for the perfect time to start a family to wait for the ideal time to start a business. There will always be a reason to stay, but after you’ve decided what you want to provide, who you want to offer it to, and how you want to do it, take Nike’s advice and “just do it!”
Recognize your limitations and seek assistance when necessary.
It’s easy to get caught up in trying to do everything yourself. You most likely have a vision and wish for things to turn out a specific way.
On the other hand, running a successful firm is rarely a one-person show. Accountants, attorneys, trusted mentors, a supportive spouse, family, and friends are all resources you’ll need.
Surrounding yourself with positive individuals can be one of the most important aspects of your business’s success. If you’ve never launched a business before, the free SCORE business mentorship programme can help you find someone who has.
Also, think about jobs and responsibilities that you can delegate. Would hiring a housekeeper or cleaning service save up time for your family and business? Why not hire a landscaping firm to take care of the yard work or a mother’s helper to be about the house during the day when you need it, merely as a second set of hands? Would a virtual assistant help your business? Someone to whom you can outsource work so that you can focus on the most crucial aspects of beginning a business?
Make time for your family in your calendar.
Running a business may dominate every hour of your day if you let it. While it’s understandable that you’ll devote a lot of time and effort to beginning a business, make sure you set out time for your family.
If you go into your days or weeks expecting to find time at some point, you’ll discover that it doesn’t always happen. Schedule family time on your calendar as if it were an important appointment.
Some moms set aside two hours every evening for work-related activities, while others take a half-day once a week. Make it a priority to figure out what works best for you and your family.
Learn to work around your day’s hectic periods.
You presumably have a regular routine as a busy mom. It’s some cases, all about being a mom, and other times it’s about fitting in a couple of work-related tasks.
Learning to squeeze work into the nooks and crannies of your day (nap time, for example) can help you get things done while still being present as a mom when you need to be. Just make sure you maintain some plan for yourself. Otherwise, you might get that you’re stretching yourself too thin attempting to please everyone and are soon approaching burnout.
Other sources of distraction should be avoided.
Putting down your phone is one of the simplest methods to reduce distractions. Our smartphones have a way of infiltrating every aspect of our lives, whether we’re with our children or working on corporate chores. Make sure you’re fully present throughout the time you’ve set aside to spend with your children.
Turn off social media app notifications and set aside a period or multiple times during the day to catch up on your social media. You’ll still need access to social media as a growing business grows, but there are various methods to manage it not to distract you from critical work.
Look after yourself.
It may sound cliched, but if you don’t take care of yourself, you won’t be able to care for your family or operate a business. If you’ve fallen out of a fitness programme, try introducing short walks into your day to get back into it. Search a friend to be your accountability partner, or hire a personal trainer to work with if you’re more driven by others encouraging or pushing you.
Eating healthy can give you more energy and help you improve your immune system, so you don’t catch every cold or virus going around. This is especially important if you have little children who are likely to bring germs home from daycare or school.
Last but not least, ensure that you are receiving enough sleep. When you’re a mom, it’s arguably one of the most difficult self-care routines to implement, yet lack of sleep may cause chaos. Make every effort to obtain enough sleep each night, and if necessary, take a nap throughout the day to catch up. Although it may appear like there aren’t enough hours in the day to get proper sleep, having more sleep can make you more productive, allowing you to complete more work.
While juggling a family with a new business can be challenging, the benefits can far exceed the drawbacks. While it may appear that you are bouncing from work to task and chore to chore, in the end, you will have your own business to be proud of.
You’ll also have more flexibility to combine family and business priorities once your business is up and going. Going into your new business with a flexible mindset and the ability to change your plans as needed can help you succeed at both works and as a mother.