Monday 5 December 2016

The Secret Sauce Of Becoming A Mighty Mompreneur

With Christmas on the horizon, many moms are starting to worry about finances. But what if you could make a little more money on the side, say doing something that you love? That would make life a little easier, right? Well, it turns out that millions of other moms have had the same idea, doing odd jobs here and there and making a lot of money in the process. The term “mompreneur” has been coined to capture this new category of woman. These are women who want to work from home usually, but still have the same financial freedom as if they were going out to an office every day for a regular paycheck.

Here we’re going to look at how you can become one yourself. Take a look at these tips.

Keep Your Eyes Open For Opportunities

The ideal situation for most moms is to be able to work from home and make a significant income. That, of course, means looking for new opportunities wherever you can find them. According to Pew research, in around half of all families, both parents work making childcare difficult. Pew research also shows that moms are the ones who organize kids’ schedules. Moms, therefore, need to find work that allows them to accommodate all of their responsibilities.

Turn A Passion Into Money

Most moms find it hard to stay motivated when the only thing that is driving them is money. It’s a good idea, therefore, to try to find work that brings both financial rewards and emotional fulfillment. Doing something really bland, like translation services, might give you the flexibility you need, but it won’t provide you with enjoyment or satisfaction in the long term. The best businesses to get involved with are those that affect people. Here you can feel as if you’re making a real difference to the lives of others which is always a significant motivating factor. Doing something that you’re passionate about helps take the stress out of work so that you can focus more of your energies on your family life.

Get The Right Equipment

Running a business from home is all about having the right equipment for the job. If you’re out on call a lot - say, for instance, because you run a mobile hairdressing business - it’s a good idea to make sure that it’s easy for your customers to pay. You don’t want to be waiting around forever for customers to respond to invoices or have to deal with issues when they don’t have the right cash. That’s why it’s a good idea to invest in things like a mobile credit card terminal so that you can take card payments on the go.

Build A Support System

As a mompreneur, it’s easy to get burned out. The combination of work, household chores, and kids can all get to be too much. That’s why it’s important that mompreneurs build up their own support network. Sometimes that will mean shifting responsibility onto other people and getting them to take on new roles and duties within the house. Other times it can mean joining local social groups for help in navigating a new industry.

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