Top 8 Tips on How to Become a Successful Mompreneur

InsuranceAdvisor.com
By Insurance Advisor Team
Top 8 Tips on How to Become a Successful Mompreneur

A mompreneur is a woman who has made a bold decision to have a business and kids, managing both at the same time. While this can be one of the challenging phases of life, there are a lot of similarities in raising children and building a business. These both are long-term commitments and require patience and perseverance, but they give meaning to life and can be extremely rewarding. As you navigate your journey as a mompreneur, you might feel lost in the chaos and divided between your business and your family.

 

Here are some tried and tested ways to help you stay lucid and organized.

1. Manage Your Time

Like everyone else, mompreneurs have 24 hours in a day, but with two demanding sides competing in your life, you will always feel you are constantly racing against time. To ease this, you need to learn to strike a delicate balance between time and your activities.

  • Dedicate your ‘children-away’ time to the most challenging business activities that require your focus and concentration.
  • Know and allocate your Einstein Window to essential activities every day.
  • Do not clutter your schedule with the things you don’t need to do – both as a mom and as a businessperson.

2. Always Plan

Use the end of your day or the weekends to plan what you need to engage in and achieve in the coming week (or any cycle you decide). Think of all the business-related activities as well as family demands as you plan. The Eisenhower matrix can be an excellent tool to help you plan efficiently.

3. Be Flexible

Understand that even with the best plan, there could still be surprises in store for you. Hardly anything is going to be perfectly orchestrated all the time. Do not get too stringent about sticking to your plan when such situations arise. Be flexible, not just in terms of time but also in mindset, to accommodate things that arise out of nowhere. That way, you will be able to deal with them without stressing out.

4. Delegate Where Possible

Whether it is business or family, you do not need to do everything yourself. Delegation helps you get the small tasks done, leaving a good chunk of your time to those tasks that you need to do. For example, you can ask your children to tidy up their room instead of doing it yourself. Even if they do not do it perfectly, it’s one thing off your list while teaching your children responsibility.

5. Build and Rely on Your Support System

Being a mompreneur is demanding, but a good support system can help you stay sane and achieve all you aim for. Do not hesitate to outsource some tasks – be it engaging a tutor for your children or hiring a housekeeper – if that will help you relax.

6. Do Not Ignore Your Health

As a mompreneur, you will find yourself on a constant marathon as you feel you need to be everywhere at once, and rightly so. Consequently, you might tend to put your health matters on the back burner, which can turn out to be a costly mistake in the long run. Remember that good health will keep you productive, both at home and at work. So, invest in keeping yourself mentally and physically fit; engage in workout sessions, get that massage or spend time at a day spa. It is also essential to realize that a lot depends on you at this phase of your life, hence investing in good health insurance coverage too is a wise decision.

7. Stay Positive

Considering that momprenuership is an uphill climb and not easy, you must always stay positive. There will be situations when you feel down or overwhelmed, stay calm, composed, and have a positive attitude in these difficult times. It will pay off in the long run.

8. Stay on the Top of your Finances

With various expenses in the early stages of raising a child and building a business, your financial outlook might seem lacking. Educate yourself and research products and offerings tailored for mompreneurs – ranging from Small Business Administration (SBA) funding, bank loans, government grants and insurance protection.

No two journeys as mompreneurs are identical, but some of these tips are sure to help you. Whether you are working from home or operating from the office, plan ahead and organize things the way they work best for you. We wish you a delightful journey of momprenuership. Go, girl, rule the world!

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