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Episode 2485:
Morgan Rose Elliott breaks down the essentials of becoming a successful mompreneur, from developing a solid business idea to managing finances, targeting the right audience, and maintaining a structured schedule. Most importantly, she emphasizes the need to balance work with family time, proving that moms don’t have to choose between their dreams and their loved ones.
Read along with the original article(s) here: https://www.thefunsizedlife.com/business-mom/
Quotes to ponder:
"A good organization and a comprehensive plan will help you get started. Pay attention to every detail of your business and think twice before you make a decision that will make you step off your course."
"Even though your schedule for the week is packed, you need to free up your schedule and make some time for your family."
"Being a mompreneur is about finding a healthy balance between your business and family."
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[00:00:00] This is Optimal Relationships Daily, Total Guide for New Mompreneurs. How to Start Your Business From Home by Morgan Rose Elliott of TheFunSizedLife.com In the 20th century and before, most women didn't even have a choice between a career and family. Their only job was to take care of the kids and household. In the last 50 years, women could choose between the two.
[00:00:25] However, nowadays, you don't have to make such a hard decision. You can be a mompreneur. What does that mean? Mompreneurs are moms who take care of the kids while running their own businesses. Since remote work and work from home are getting increasingly popular, you'll have no issue balancing between the two most important aspects of your life. So, how can you start your dream business? Have a Well-Developed Idea
[00:00:51] The first step to starting any kind of business is creating a comprehensive plan. If you've always wanted to start your own business right where you are, this is an ideal opportunity to make your dreams come true. So, what steps do you need to take to start your dream business? Depending on your interests and skills, start developing your idea.
[00:01:10] You can create an online shop, write a blog, be a virtual assistant, hold online classes, or anything else that comes to your mind. Before you step into the business stage, you need to check out where you stand. Do a SWOT analysis and work on improving your business strategy so it minimizes threats and weaknesses. Understand how finances work.
[00:01:33] After you've developed your idea, you need to take your finances into consideration. How much money do you currently have that you're willing to invest in a business? Start your dream business depending on your current finances. You can get a loan, but learning how to manage your own money is a useful skill you'll need later on too. On top of that, money management isn't enough. You need to understand how taxes in your area work and create your business according to that.
[00:02:01] You might need to ask a financial expert or advisor for the best way to run your business without financial difficulties. Target your audience. Since business includes selling some type of products or offering services on the market, you need to have an adequate target audience you'll offer them to. To define your target audience, ask yourself questions like, who will need my products? Or who will be interested in these kinds of services and where can I reach them?
[00:02:28] As social media play a huge role in business marketing, you can start advertising your business there. Later on, when you increase your capital, Google Ads or other platforms may be a suitable option for you. Just pay attention to where you can find your customers and focus your marketing strategy on that. Scheduling and planning is everything. Even though working from home may seem like a dream come true, it has its ups and downs. Basically, you probably won't have a single second of privacy.
[00:02:58] However, you can avoid that by creating a detailed plan and schedule of your activities. How can you do that? Firstly, organize a separate place you'll only use for your business, something like a home office. Secondly, create a daily schedule while running an online business. That way you can plan every detail out. Each evening, cook a meal for the next day and make sure you take a five minute break every hour or so to check on the kids.
[00:03:24] In case they are too young to be on their own, try to provide them with entertaining content while you're working. Communication is crucial. No matter what your business is about, you'll certainly have to communicate with others, whether they are your associates, coworkers or customers. Most people nowadays communicate on Facebook or similar apps ran by the same company. This minimizes safety and increases the chances of getting your ideas and files stolen.
[00:03:51] On top of that, if you communicate with your coworkers or associates on Facebook or Instagram, there's a high chance you'll get distracted by content online and leave your work unfinished. So, check out competitors of Workplace by Facebook for your business that will ensure smoother communication and safer transactions. Don't Neglect Family Time One of the most important aspects of running a business from home is family. They are your best support system, so you mustn't neglect their needs either.
[00:04:20] Even though your schedule for the week is packed, you need to free up your schedule and make some time for your family. Organize a fun weekend trip or attend your child's school play whenever you get a possibility. Being a mompreneur is about finding a healthy balance between your business and your family. This means organization on a greater level that will help you achieve your maximum at both. Conclusion As you can see, balancing your mom life and business is possible.
[00:04:48] All you need is good organization and a comprehensive plan that will help you get started. Pay attention to every detail of your business and think twice before you make a decision that will make you step off your course. Remember, family comes first, business after. You just listened to the post titled, Total Guide for New Mompreneurs, How to Start Your Business from Home by Morgan Rose Elliott of thefunsizedlife.com
[00:05:18] And thanks to Morgan for that really wonderful article. So many great tips here. Not only informational, but also such a great reminder and proof of the possibilities moms have afoot, even amidst their busy schedules. And speaking of this possibility, it should also be said that not only is there great value in starting a business for yourself, if that's what's calling to you, But it's also a wonderful example to set for your children. And this theme comes up pretty regularly in our parenting content, but it really can't be overstated.
[00:05:47] It is so important to set examples for our children. And in this case, as long as we are taking Morgan's advice and putting business after family, Your children will see their mother chasing after her own goals and making her life her own, While still caring for kids and being a mindful parent. I hope this post helps everyone, not just moms, feel anything but limited when it comes to what they can do in regards to balancing work and family. That is it for this one though, team.
[00:06:15] If you liked this post as much as I did, come on back tomorrow for another parenting post as we look towards the weekend. And I'm hoping you enjoy it as much as I do. I hope to see you there, where your optimal life awaits.