How to Create Your Own Success as a Mompreneur

Are you a stay-at-home mom considering starting your own entrepreneurial venture?  With a few clever strategies, you can set yourself up for success right from the start.  Here’s what you need to know for establishing a business that will not only provide income, but will also be a satisfying supplement to your lifestyle.  

Do some soul searching

As a mom, chances are you are used to juggling responsibilities and wearing several hats.  However, some businesses are oriented toward certain work styles more so than others. For instance, you might become a gig worker, and a platform could act as a liaison between you and your clientele, linking you with people needing your services and helping them to connect with you as needed.  On the other hand, maybe a profitable business idea is gelling in your mind, and you’re ready to build it into a stand alone business.  Plexus points out there are certain indicators you’re born to be a boss.  For instance, if you find yourself solving problems on the fly, you’re always on the go, and taking risks gives you a thrill instead of cold feet, it might be time to consider becoming the leader of your own startup.

Secure money handling

While it can be edifying to develop a business and see your ideas through to fruition, the reality is an income is also a driving force for most people.  With that in mind, finding secure avenues for invoicing customers and receiving their payment is a priority. There are several apps that make it easy to handle exchanges, and the fees, flexibility, and limitations vary.  Another option that is flexible and suits a variety of circumstances is a Square Terminal.  It’s an all-in-one credit card machine that has a transparent fee, keeps transactions secure, offers 24-hour a day phone support, and is extremely user-friendly.  Think through what will serve you and your customers well.

Juggling your many hats

Moms are multitaskers, but keeping your life in balance and maintaining your priorities can be tough when you work from home.  It’s important to have a dedicated area for your new venture, and you need to decide where to locate your workspace. If your kids are at a stage where you need to be very hands-on, perhaps setting up in the heart of the home is best.  You can carve out space in the corner of your kitchen, keeping your work area away from food prep but still keeping your fingers on the pulse of the family.  The living room is another good option for busy families, allowing you to be accessible but still giving you space.  If the kids are more independent, or you plan to work while they are at school, a bedroom-cum-office might be just the ticket, or maybe a backyard shed could be converted into your workspace.  Think through what will be functional, and create a committed area.  

Dedicate time

Skillcrush points out one of the big benefits of working from home is flexibility, and it’s crucial to guard it carefully.  At the same time, it’s really easy for a mom to get caught up in non-work issues.  With that in mind, you need to give your family some guidelines about your work schedule.  You might have certain timeframes or tasks during which you are only to be interrupted for emergencies.  Encourage your kids to master aspects of their routines themselves. It’s a chance to foster their independence and give you some space to focus.  A certain amount of self-sufficiency is healthy in children, so it’s helpful for them and for you.  

Running a business from the comforts of home can be a mom’s dream come true.  Set yourself up for success by choosing a fitting work style, choose a secure payment structure, and then dedicate space and time.  Before you know it, you’ll be a top mompreneur!

Article written by guest writer: Denise Long