5 reasons a stay at home mom should have a Home business.

5 reasons why a stay at home mom should have a home business
5 reasons you should have a home business as a stay at home mom

To be a stay at home mom is one of the greatest sacrifices you can make as a mother for yourself and your family. It’s a great gift of self and time which you invest in your family in other to nurture your kids and see them grow into the wonderful people you envision for them.

Being available and attentive to their needs and also taking care of your own needs, however, can be a tough act to balance out. When you choose to stay home and raise your kids, you give up that opportunity to follow your career path. Perhaps you were working in a financial institution and you dreamed of climbing the career ladder and getting to become a bank executive. But it never came to be because you chose to get off the ramp and stay home to raise your children.

Depending on how you choose to manage it, this decision can make a life-changing impact on your personal life both for good or for bad. That is why I am writing this piece why every stay at home mom must have a home business. This is because a Home business will help ameliorate the feeling of not having a way to express your self professionally. It can also be the key to unlocking your creative side which may lead to a full-time business, something you will never have imagined you could do should you have been pursuing your original career. To help you get along

 Here are 5 reasons why a Stay at home mom must have a home business

You will get a creative outlet for your skills:

For some people, you may have started your stay at home mom journey mid-career, meaning that you have had the opportunity to work in a corporate establishment before and you had to stop because you started having babies and you found out you could not cope with having your kids in a daycare or maybe you are feeling your children need you now.

This means you already have skills which you have acquired and would like to use. A home business provides you with a creative outlet to make use of such skills while still staying home to raise your children.For instance, no matter what kind of skill you have now, you can write about it via blogging. This will create an avenue for you to share your experiences and help those who may be on the same skill level as you are or looking to have your skills set. To learn how to start a blog, read my post on how to start a blog when you are not techy.

 

You will earn money  as a stay at home mom and contribute financially to your household:

When you get used to living on two incomes, it’s usually a struggle to live on one even if that one income is enough to cater for all your needs. There is an emotional comfort that earning your own money in life gives to you. It can never be replaced with what you get from your spouse. While choosing to stay home for the kids may have been a joint decision from the both of you, it doesn’t still replace the fact that sometimes you feel like you are contributing nothing finance wise to your household. A home business can be a way to help you fulfill that need.

You are setting an example for your Girlchild

I wasn’t so concerned about posterity when I had my first child which was a boy because I felt, well he had his dad to look up to, I am not a man so I do not have any manly attributes to pass on to him.

This all changed when I had my daughter, suddenly I was flustered because I now realized I now had one of my type who will likely look up to me and try to imitate me. I began to think about who I was and what kind of mom I will like my daughter to see me as.

Believe me, this thoughts and feelings contributed to my starting this Blog. I wanted more than just running my training outfit or working in a firm, I wanted to be able to own multiple streams of income, own multiple businesses and above all still be available for my kids as they grow up.Don’t underestimate the power of emotions that having a kid bring to your life.

So if you are a stay at home mom now, who may be wondering where do I begin from, I am dissatisfied with my life the way it is, my finances are stretched, my energy is sapped and I do not know how to start, begin by thinking of what your kids will think of you when they grow up. For ideas on types of home business, you can start, read my post on 10 trending home business ideas for the year 2018.

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You will be less depressed and unhappy

Statistics from a Gallup poll conducted indicate that stay at home moms are more likely to express negative emotions such as worry, anger, depression, and anxiety as compared to moms who work.

Ever met any of your colleagues from high school or even college mates who are doing extremely well on their jobs, and you felt like life just left you behind because you chose to be a stay at home mom.  I know how it feels like, that’s why I wrote 6 things a stay at home mom struggles with. In that post, I chronicled the feelings of a stay at home mom.

I also provided solutions to those feelings, I will like you to take time to read it. Starting a home business can help you be less depressed and unhappy.  I am not saying this is the only reason you may be unhappy right now but no matter what it is you are going through having that time in which you run your own business can be therapeutic and help fulfill a need that may have been worse if you are not.

You are preparing for the empty nest syndrome

No matter how long it takes, raising kids will not be forever, there will come a time when your kids have all grown up and flown the coop as the saying goes. This is usually a scary time for women if you have devoted your full time to care for them.

I know some will say I can always go back to the workforce, the problem is that the workforce may not be that easy to get back to because of change in times and competition from younger people. I belong to a community of job seekers where they are continuously complaining about not getting the jobs they want because of age.

While it may not be expressly stated because it’s against the law, Its often a reason why we have a lot of old people who want a job but can’t get one. A home business will provide you the opportunity to keep doing what you love and keeps you going when everyone has left home. You might even find that you now have more time to devote to making it a big-time business if it has not grown into one. I believe you can say it’s your own job security for a lifetime.

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Melissa&Doug

Life Needs a Backup Plan:

Here is one reason that you cannot pass up even if you did the other reasons I have listed above. That is the fact that  Life happens, you may lose your Hubby, or he may lose his ability to earn perhaps via accident or lay off. You may also get divorced and find yourself without a job and kids to look after. That is why a Home business is never an alternative or a choice but an obligation you owe yourself and family to ensure you live a life that is worth it.

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Over to you, what other reasons do you as a stay at home mom have for starting a home business, drop your comments below.

 

4 strategies to Jumpstart your Newyear as a Home Business owner.

 

4 strategies to Jumpstart your Newyear as a Home Business Owner
4 Things you Must Do to Jump start your Newyear as a Home business owner

It’s the last of day of the year 2017, today is probably a day of reflection for many people. It’s a time to recheck the different areas of your life to see how you ran throughout this year.

Those different areas could be your home, marriage, finances, relationships, business or career depending on which divide you fall into. You may be wondering how to Jumpstart your Newyear in the area of your business so as to ensure that you have an early start for the first quarter of the year.

Today will be that day you will be wondering how you have fared throughout the year if you had plans for the year you may want to pull out your plans and compare notes to see what you achieved.

While for some, this is an exercise that will bring exciting news as they see that they have achieved all that they have set out to achieve.  For some, it may be sad because they could not achieve all they set their mind to, whichever divide you fall into, thank God that you are alive to make new plans and dream again.

Today you can take a look at those areas and begin to work and strategize to see how to take a different approach to achieve success where you failed before. In doing this I would like to share with you

4 strategies to be mindful of as you Jumpstart the New year as a Home business owner.

1 Planning ,Strategy & execution:

You may have started the outgoing year without planning or strategy talk more about execution. If this was how you ran the outgoing year, then do not repeat this same thing in the incoming year, even if you are afraid of planning, its time to whip out a Planner and begin to plan for the next year. You have to set down a laid down path to your success for the coming year if you want to Jumpstart your new year on a good note. To learn more about how to plan your week please read my post on how to kick chaos and plan your week as home business owner.

It’s a wise saying that he who fails to plan, plans to fail, Its time therefore for you to do some research on what strategies you will employ to ensure that your plan is executed. A big plan and strategy on paper without execution is useless.

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For you to execute all that you have written down, here is what you need to do

– Write down what goal you need to achieve per quarter

-Break it down into targets for the week

-Break down your targets into daily to-do lists and mark it as done once you have achieved it

– Measure and Test:  You have to measure your success and see if your strategy is working. For instance, if your quarterly goal is to reach a pageview of say 3000 per month, then you have to write down your initial pageview before you begin your strategy.

You can then track your progress by writing down your weekly stats to see if you are making progress or not. This will help you to change strategy should what you not be seeing any results.

– Finally, if you have got the hang of it, rinse and repeat if it’s working for you.

 

2 Your Product.

Your product or service is what you are offering to the consumer in exchange for their resources, that’s how you make money.  For you to jumpstart your Newyear you have to take a good look at your product line and outline what income streams you expect to produce your income this year. In doing this, here are some pertinent questions you need to answer

-Does your product meet the consumer desires? is there a demand for your product?

-Do you think your product makes an impact on the consumer’s mind? if it does not, then its time to either repackage it to make it more attractive or throw it out completely and find something else that is of value to your consumer.

-If you are a blogger, its time you did your audience analysis, what are the characteristics of the audience you desire? and are you attracting same? if you are not, what do you need to do to attract your desired audience?

Everyone will be willing to pay good money for what they consider valuable to them, so in checking the characteristics of your product, here are key points  you should consider


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– Is it valuable- Does your target market consider your products valuable enough to pay your money for it.

-Is there a demand for your product-

-Does is it solve a particular problem for the consumers

– Is it Unique, perhaps not in content but in approach to the consumer’s needs

-Does it have a mass appeal at least to your target market

-Is it simple to use, that is you can easily explain how it works without any issues

If your product or service answers all of this questions then you are good to go. If it does not, then you have to go back to  the drawing board to either craft out a new product or re-design what you already have to answer the following questions

3 Your Finances

In this Newyear, as a business owner, you will have to take a good look at your finances both in the business and home.Perhaps its time you set goals for the amount of money you want to make per month. Do you know that setting goals often forces your subconscious mind to begin to think of ways of meeting it?

If you set a specific financial goal for your business, then you will force yourself to do everything possible to meet your goals because you know that in meeting it, you will attain a level of success that will give you the kick you need to go higher.

If it is your personal goals that you need to deal with, then go ahead and set them but remember that there has to be a pipeline that feeds it. For example, if your personal goal is to be able to save a certain amount by the end of the quarter, then you have to look for what will feed in that pipelines in other to meet that goal. It may be through budgeting, cost cutting or increasing your ability to earn more.

Your ability to successfully set a financial goal for your home business will give you a boost that will enable you to feel better as you go on to meet your life’s needs. If you are able to meet most of your financial needs as they arise, you often feel successful because that’s what it is. Your business or career is that pipeline that enables you to achieve the life goals you have set for yourself by giving you the needed finances to meet it.

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4 Your Marketing

In the online business world, especially if you are a home business owner you can’t do without marketing, in fact, marketing is the lifeblood of any business. So for your business, you must have a marketing plan in place. You have to be deliberate in following through with your plans if you want to see tangible results and jumpstart your Newyear.

In your planning stage, you have already itemized what worked and what didn’t work for you this year in your business, so the next stage is to take what worked and plan how to make it work the more this year in other to yield better results. You can also put new marketing plans in place in other to see if this will make your business better.

If you have no idea how to prepare your marketing plan then its time you did a little bit of research, search for marketing plans that have to do with your niche.  For example, If you want to start a blog or perhaps you are already blogging but you are not seeing results, its time to check out what your competitor who is doing better is doing so you can know what to adapt and tweak to fit your own audience.

To wrap this up, I do want you to know that running a home business is no mean feat but you have to be willing to put all you have into it to make it a success, as I champion you on via my blog.

Thank you for reading my blog all through this year, I wish you a very successful Business year ahead. God bless you and see you next year.

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Drop a comment below if you have other strategies I have not thought of below.

4 strategies to Jumpstart your newyear as a smallbusiness owner

RESILIENCE A Key Trait for the home business owner

Resilience: A key Trait for  The Home Business Owner

 

Do you want to know the most important characteristic you will need to succeed as a Home Business owner?, its one word- Resilience.

Have you been following my posts? I hope you have been getting the inspiration required to make your first move if you want to read the second post, its here.

Today I will be talking about resilience a key trait for a mompreneur, if you are keen on running a home business, you have to be determined to make it happen and not let circumstances deter you. Resilience as defined by psychologytoday “is that ineffable quality that allows some people to be knocked down by life and come back stronger than ever, rather than letting failure overcome them and drain their resolve, they find a way to rise from the ashes”.

This is a basic quality which any woman who seeks to run a home business must possess, because the bad days will come especially in the early days of bootstrapping a business, when the dollars are few and you need every cent you get to invest in your business, sometimes you may have challenges that may make you want to quit or give up, but if you will keep at it, it will start yielding results that are valuable. Continue reading “RESILIENCE A Key Trait for the home business owner”