Have you been thinking about starting your own business so you can finally work from home? If you’re a busy mom, the idea of being able to set your own hours and work around your family’s schedule is probably quite intriguing. Overwhelmed moms are ditching their 9-5 at rapid rates and starting their own businesses so they can have the flexibility and freedom entrepreneurship provides. But how??
Today, I am sharing how to start your own business as a busy mom without the overwhelm. By no means is starting a business easy, but it is definitely doable when you have a plan in place, a CEO mindset, and the desire to truly change your life forever.
1. Do your research and decide what type of business you want to own
There are all sorts of businesses you can start. You can start an Etsy shop, establish a brick and mortar store, create a tutoring business. The options are truly endless! But the important part is to research everything that goes into starting each type of business.
You have to consider the startup costs, the time needed to get everything off the ground, loans, legal aspects and more.
One of the easiest businesses you can start as a busy mom is to become a virtual assistant. Becoming a virtual assistant requires minimal to no startup costs, completely remote schedule, the ability to set your own hours and rates, and so much more. You can learn more about what a virtual assistant is and how to get started by heading over to this most recent blog.
***For the remainder of this blog, we will be referring to starting your own virtual assistant business considering this is the BEST work from home job for moms.
2. Save up money before leaving your 9-5
The idea of starting your own business is absolutely exciting but before putting in your 2 weeks notice, I highly recommend that you save up some money first.
Once you land a client or two as a virtual assistant, save that money! Don’t factor it into your monthly budget quite yet. By stashing this extra money aside, you will feel like you have a little extra cushion when you do officially quit your job.
3. Work on your mindset
Going from being an employee to being your own boss requires a lot of mindset work. No one is telling you what to do, when to do it, and how to do it. It is all up to you. You really have to work on transitioning from an employee to a CEO.
Reading some entrepreneur books, checking out some business type podcasts, and practicing mindfulness daily is key.
Another part of being an entrepreneur that many people don’t talk about is imposter syndrome. Imposter syndrome will sneak up on you when you least expect it. You have to continue to work on these negative thoughts and really focus on your abilities and confidence as a business owner.
4. Set goals
Setting goals is something you want to do right from the beginning. As you start your own business, you want to set forth both short term and long term goals.
Think about the personal, professional, and financial goals you have as you create this new life for yourself.
I encourage you to set BIG goals and speak it into the universe. If you want to become a six-figure business owner in the next year, start acting as if you already have achieved this.
Write your short and long term goals down and refer to them often.
5. Invest in skills training
You already have a ton of skills to start your own business but quickly you will find that in order to charge premium prices as a freelancer, you will want to niche down into one service and become known as the expert.
This is where investing in skills training comes in. If you want to be a website developer, invest in a website developer course. If you want to become a Pinterest manager, invest in a course that will help you in doing so.
6. Market your business
When you are just getting started, a portfolio is a great way to market your business. In time, you can create your own website or hire someone to create it for you.
It is also a great idea to market your business through one or more social channels. This is about marketing your business via Instagram, TikTok, or FB groups. There are other ways to market your business as well including Pinterest, podcasts, YouTube and more. This of course depends on where your ideal client is hanging out so choose wisely.
7. Build relationships with other business owners
As you start your business, you want to make sure you are building relationships with other business owners who are on a similar path as you or a step or two ahead. Having others to talk to during the ups and downs of business is so important.
These people will help you through those moments when you are dealing with imposter syndrome, will help you meet those short and long term goals, and will also serve as great referral partners.
8. Invest in a coach and/or course
Investing in a coach and/or virtual assistant course can be scary but this is the fastest and easiest way to start and grow your business. The investment is far worth the reward.
If you are just starting your freelancing journey and would like a fast-track way for launching and scaling your business, I would love to have you join us inside The Prep 2.0. This is where you will learn how to start your virtual assistant business all while having a coach and being surrounded by like-minded business women. You can learn more about The Prep 2.0 here!
Ready to get started? Sign up for my completely free training below to learn what you need to do to start your business today!