If you’re a stay-at-home mom but you have an entrepreneurial dream to fulfil, then the time couldn’t be better. Improving digital technology has enabled new types of flexible working, and there are more opportunities than ever before to create your own start-up.
As any transformational leader will tell you, it is a good idea to take advice from a mentor. Keith Krach is one example of a leading entrepreneur who is passing on his skills to the next generation of business heroes. To help you get your business dream started, here are some great suggestions for start-ups that can make you money.
This is one of the easiest and most effective ways to develop your own business from the comfort of your own home. If you possess a specialist skill, whether it is web design, tax affairs, photography or writing, then by setting up as a freelancer, you will be able to enjoy all of the flexibility and freedom that you need, enabling you to meet the demands of your young family and pursue your dreams of being a successful businessperson.
One common way to get into freelancing is to do some work for former customers or an employer, and build your new venture by word of mouth from there. Of course, there are demands associated with freelancing, and it does require a degree of self-discipline. You will also need to do your research on how to handle tax matters and other issues as a freelancer, but for those who put in the time to prepare, freelancing can be very rewarding.
Become a virtual assistant
The role of a virtual assistant (VA) is to provide a range of services to businesses from your home office. This can include marketing support, administration or technical advice. The position of VA is a relatively new one, but it is becoming increasingly popular as many companies try to cut their costs and outsource some of their functions. Being a VA is ideal for anyone with a background in administration or related areas, and you can easily get started by following up your own connections, or you can use the services of a VA association to help you.
Blogging for money
Yes, it’s true, it is possible to earn money from blogging, and it is an increasingly popular option for moms. If you can write well and you have a passion for a particular topic that you are confident will generate attention, then this is a good option to consider. Blogging will not make money in the early stages, which is why it helps if you have a passion for the subject that you are blogging about, but if you are good at what you do and build up an audience, then you can earn income through affiliate marketing or advertising, or even from companies who will ask you for reviews of their products. Research the latest and most effective ways to get traffic to your blog, and then get writing!
If you’ve got a creative gift, whether that relates to making jewelry or offering interior design advice, then you can make money from your talents by setting up a creative business. Like any business, you will need to do your homework beforehand, getting to know the market, but if you can identify a gap in the market, then you may be able to turn your creativity into income!
Start a home food business
If you enjoy baking or making food, then you should consider setting up a home-based business. Obviously, there are a lot of regulations to consider, and you will need to get to grips with all of the rules and regulations associated with consumer food safety, but there is always a demand for quality homemade produce. If you have the space and a passion for food, then setting up as a home-based baker could be the perfect way to realize your business ambitions.
Home child care is one of those business areas that will always offer an opportunity, and with so few families able to afford to have one parent stay at home to raise the kids, there will be no shortage of customers. A home environment is often a more appealing option for parents than sending their children to a day care center, and if it works out, then you will find that word soon gets around that you’re the person to come to for child care!
Being a stay-at-home mom doesn’t mean that you have to give up on your business dreams. With a little imagination and hard work, it is possible to set up a home-based business that will enable you to fulfill your entrepreneurial passion.