With all of the demands on your time, like kids, parents, cooking, cleaning, and more, it’s challenging to start your own business. But, don’t look at life’s challenges as insurmountable obstacles. There is a silver lining. There is hope. Here’s how to get started.
Get On Social Media
Pinterest. Facebook. Twitter.
These social media platforms are some of the best out there for promoting your business, if you know what you’re doing with them. At the same time, you don’t have to use them for strict promotion.
Many startups use them to garner interest in an idea – the business’s idea. On Facebook, for example, you can get almost instant feedback about your thoughts and feelings. You can test new ideas and business concepts in front of a “live” audience before approaching a lender for money, for example.
Use Other Networks
If you’re like most women who want to start a business, you’re passionate and you want your independence. At the same time, you need help starting out. Reach out to your real life friends and other networks you might be involved with. For example, do you get together with friends during the week to sew or play cards or shop? Do any of these ladies have connections with business professionals? Are any of them business professionals that can help you out with advice?
Get The Financing You Need
According to lending specialist Bad Credit Business Loans, bad credit small business loans (http://badcreditbusinessloans.com/) are one of the most common ways for women to get financing. Why? Because many women don’t have the credit of their male counterparts and for a variety of reasons.
This has nothing to do with sexism and everything to do with work history and experience. Unfortunately, you may have been the master of your home’s finances, but you may not have had a lot of experience with credit cards or personal loans. If you’re a stay-at-home mom, then you wont’ have the work history to support a traditional loan. While these loans often to have higher interest rates, they may be your best option when first starting out.
Delegate Like You Do At Home
You can’t be master of all aspects of your business. Your area of specialty is the creative side of whatever it is you do for a living. So, if you start a web-design company, you should stick to web design and let someone else manage the books.
It’s not that you can’t manage the finances of the company, it’s that the money is made by doing web development, not doing the accounting. Outsource and delegate those tasks that don’t contribute to generating income.
What Do You Want Out Of Your Venture?
Do you want to be the next big mommy blogger? Do you want to start a multi-million dollar enterprise? Defining what you want out of the venture will also help you develop a proper work-life balance. If you don’t do this crucial step, you’ll forever be meandering through your journey to find satisfaction in something outside the home, but never really realizing it.
For example, many stay-at-home moms want to get out and away from the kids at least once in a while. But, how much is too much and how much is too little? Do you want to work a full-time business? That requires putting in 10 to 12 hours a day. You’ll need to hire someone to help you with the kids if that’s the case.
Or, would you be satisfied with a part-time blogging gig?
Take some time to think about this and write down exactly what you want to get out of your business. It’ll make life so much easier in the long-term.
By Jason Taylor
Jason is a small business owner and father of three young ladies. He enjoys writing about smart business practices, especially for young men and women entrepreneurs today. His helpful articles appear mainly on business and marketing websites.