Becoming a mompreneur has never been easier and you can do it with little to no money.
When a woman enters motherhood, her life turns upside down and every aspect of her life takes a big turn. While it is not ideal, our patriarchal society expects women to devote more time to child rearing and household work. Many women put an end to their careers and become homemakers as result . However, this is slowly changing.
Women are actively seeking financial freedom and many moms are restarting their careers. The term mompreneur has become widely popular. Many moms are looking to enter the world of entrepreneurship in an attempt to earn money. If you are a mom looking to start a business with minimum capital, then this article is for you. Here are some tips that can help you in your journey of entrepreneurship.
Assess your skills
To become a mompreneur, you have to decide what kind of business you want to start. In order to reach that decision, you will have to assess your skills. You can save a lot of money by choosing a business for which you already possess the necessary skills. Otherwise, you'll most likely spend a lot of money to acquire the skills or hire people who are experts in the field. Moreover, if you already have the necessary skills, you are already one step ahead.
Go for a service based business
If you are a homemaker, then you probably don’t have much savings of your own. Therefore, it is nearly impossible to start a business that is capital heavy. That is why it is always better to go for a service based business. Fields like content writing, social media management, and virtual assistance do not require a lot of money to start. For fields like these, you can learn most things through free online courses and Youtube.
Tap your family and friends’ network
Initially, it is tough to land clients for your business. You don’t have any money to market your business and the going gets tough. However, you can always approach your family and friends to spread the word. Many of your friends might be working in the corporate sector and can use their networks to get you some clients.
Create a home office
Starting a business from your home is tough especially when you have kids to take care of. It is important to create a demarcation between family space and workspace in your house. This will help in reducing distractions and will help you focus on your work. While creating your home office, be aware of your strengths and weaknesses. Is it difficult to stay on task with a TV running in the same room? It's my biggest weakness.
Your journey towards entrepreneurship will be full of challenges. However, it will certainly not be as challenging as your journey of motherhood. Many homemakers are taking charge of their life by striving for financial freedom and so can you. One thing you must keep in mind is to never give up on this journey. Sooner or later, things will turn in your favour. You've got this!