Choose a #homebusiness with low operating costs and #bootstrap it! Resist the gurus and credit

1 year ago
11

how to start a home business as a busy parent #homebusiness #parentingtips

Starting a home business as a busy parent can be very challenging, but it is definitely possible and potentially rewarding. Here are some tips to help you get started:

1. **Choose a business idea that fits your life.** What are you passionate about? What are you good at? What can you do while also taking care of your kids? Do you have a hobby that you’re already doing, for example? Write down your business ideas.

2. **Do your research.** Once you have a shortlist of business ideas, it's important to do your research to make sure there is a market for each product or service. You should also research the competition and see what they are doing well and where they are falling short.

3. **Create a business plan.** A business plan will help you map out your goals, strategies, and financial projections. It will also help you stay on track as your business grows.

4. You will also need the tools of the trade
You will need a sales funnel - a website that collects email addresses of potential customers, that sells your product or service and processes credit card payments, and then follows up with your leads with automated email messages.

5. **Set up a home office.**
Even if it’s only a single desk, you need to have a dedicated space where you can work without distractions. This will help you stay focused and productive.

5. **Find childcare.** If you need to work during the day, you'll need to find childcare for your kids.

6. **Set boundaries.** It's important to set boundaries between your work life and your home life.

7. **Delegate.** If you can, enroll your family and friends to support you, then delegate tasks to others, such as your spouse, family members, or friends. This will free up your time so you can focus on the most important things.

8. **Be patient.** It takes time to build a successful home business. Don't get discouraged if you don't see results overnight. Just keep working faithfully at it and eventually you will reach your goals.

9. Reach out for help and learn like a sponge
This will be an almost entirely new venture for you, so hungrily seek knowledge and wisdom about starting a home business. There will be many gurus who will tell you that you simply NEED what they offer, so be wise and careful with your spending - you don’t want to go into debt
If possible, find a home business with low operating costs so that you don’t have to start your home business on credit.
And seek out trustworthy voices of experienced veterans who have achieved the success you desire.

For example, I’m grateful to have found the Escape Plan by Nick Bramble, who’s been in the business since the early 2000s when he was laid off his then job, amassed 50,000+ dollars of debt and managed to earn 100,000+ i dollars n the first year of starting up his home business, and he’s been going strong since then. In his book, he teaches the principles behind the business models so that you can know what you need, and what to avoid spending money on. In my sixteen years online, Nick is the wisest and most transparent and most generous with advice guy that I’ve come across in the online business realm.
If you’re open to learning from proven veterans and want to start your home business while avoiding the common pitfalls, then I suggest that you Download the six figure Escape Plan for free at the link in my bio - https://marketwithAlpha.com

Loading comments...