This week starts on a good note, a week in which we celebrate the small business owners. It’s the National Small Business week starting from April 30th to May 6th. The celebration was instituted since 1963 to celebrate the contributions of small business owners to the growth of the American economy. You can read more about their activities here.
Its special to me because I promote and encourage women who are stay at home moms to start small businesses from their homes, it empowers one to live life at its best and according to your own terms.
Small business owners create 2 out of every 3 jobs in America today and you can be part of the percentage that is making impact in the economy. According to a SBA advocacy report, 52% of small businesses in America are home based businesses, while 78.5% of small businesses are nonemployer businesses( Businesses which have no employees), these are businesses run solely by the owners. This week celebrates the impact of such business in the economy, a testimony to the fact that small business are consistently growing.
The good thing about this trend is that women owned businesses are growing at a rate 5 times better than other businesses, this is according to a research on the State of women owned businesses . So if you are a stay at home mom or even a working mom who has been thinking about how to ditch your 9-5 to start a home based business that will meet your needs, there are reports that support the fact that women owned businesses are on the rise and keeps getting better and better.
For some moms wondering where to start from , know that one of the businesses you can easily start, is an online business which is based on your various experiences in life. According to an article written by Melanie Deziel for INC , it posits that in these days of information age, creating information products around the subjects you are passionate about is one of the ways you can turn your passion into a 6 figure business.
This is possible because with the internet connecting billions of people on the face of the earth, there are billions of searches for information on how to do things. People are hungry for information and are willing to pay a good amount of money to learn what will move them to the next level. As long as you have skills which you can impart to other people, then you are in business.
Creating a course on how your experience can help some people solve their problems is one of the easiest ways you can make a living form the internet. The good thing about this type of business is the fact that it costs as little as less than a 100 dollars to start.
For example, suppose you already have an idea about helping new moms take care of their little babies or even first time moms from pregnancy to weaning a child, here is a rundown on what you need to create an online course based on that topic.
What you need to create an online course.
Discover your Niche: Find out what pain points people your niche have a write out solutions to their pain points. This will form the building block of your online course.
Build a followership around this Niche via social media channels like Facebook, Google+, Twitter, Instagram etc.
Start a Blog: Where you can write articles about how your knowledge can help your potential niche. You can get a domain name and a hosting option with a little amount, here is a link Sign up now for hosting
Build an email list: Get to the inbox of your followers by offering a free training or eBook to them in exchange for their emails.
Sell your courses: Market your courses to your subscribers or offer online coaching classes to them.
Cost breakdown for creating an online course.
Domain Name + Hosting: 8 dollars per month using Jvzoo Host,Sign up now for hosting .
Email Marketing software: 9 dollar per month Using SENDLANE email marketing software.
Facebook advert cost: Perhaps 35 dollars per month (targeted advertising by Facebook)
Cost of Building you course: 0 dollars, you already have the experience and you can find out how to create the course from google search
Delivery cost: You can deliver your course via webinars, YOUTUBE or email correspondence course or you can use an automated system like Teachable
for a minimum of 39 dollars per month.
Cost of setup of payment channel: 0 dollars you can set up a payment channel for your courses for free your payment channel can be PAYONEER, where you receive payment for your courses without much stress.
Total costs of starting this business: 52 dollars + or -39 dollars if you choose to use Teachable
The extra 48 dollars can be plugged into Google ads if you choose not to use Teachable and choose instead to use the workflow method in the email marketing software of SENDLANE
The Blog issue is easy to start if you are using Jvzoo host, their customer service support is excellent. Their packaging makes it easy for you to get your Blog up and running within the shortest time possible. Sign up now for hosting
With these simple and easy steps, you are set to go, to encourage you more Read how this 26 year old started a seven figure online business from her Van
You can also read how this South African Woman turned a consistently nagging problem into a solution she is selling, read it here
To know how to go about transitioning into an a mompreneur,Get My Free Ebook
You can turn your life experiences into a money printing business, give it a go. Don’t let this small business week be a waste, tap into it and get moving.