We are in Week 3 of January’s “Start a Business” month and we’ve discussed some really fun topics this month! Posts have included:
Our very first Featured Mompreneur: Cara of Finer Things Subscription Box
For today’s topic, Small Business Advice, I decided to poll a group of about 2,600 women in one of my favorite Reddit groups called LadyBusiness. If you haven’t heard of Reddit, check it out! It’s a great place to discuss topics you are interested in with fellow Mompreneurs (or people in general). You can find me on Reddit at MompreneurAdvice. I also polled our friends through the Mompreneur Advice Facebook Page.
The responses I received were filled with EXCELLENT small business advice from fellow mompreneurs who were either just starting out their business adventures, or had years of experience honing their entrepreneurial craft.
Here’s the top two responses I received in response to my question on small business advice:
what Advice would you give to first time women entrepreneurs?
What is one piece of advice you would give to first time mom entrepreneurs? I’d love to hear what new women business owners and veteran women entrepreneurs would tell the newbies thinking about diving into a business.
What mistakes to avoid? What things to do first before anything else? What would you do differently if you could go back and do it all over again?
Here’s the two pieces of small business advice for mompreneurs I received:
Research, then take the Leap!
Research is a KEY to being a successful entrepreneur! If you don’t know the complete ins and outs of the community you are trying to speak to, or the field you are trying to market it, then you are going to have a much harder time being successful in your small business.
The second step, after you have taken the time to do all your research, is to actually take the leap and launch your business! I hear many stores about women who have an excellent business idea, know all the information about it, but then get scared of actually moving closer towards their dreams. I encourage mompreneurs to take the leap when they feel deep in their heart that their business idea is a great idea! Here’s an article I wrote to help you determine if your business idea is a winner.
DenaKatharine on Reddit said it wonderfully:
My advice would be to do your research and then take a step! Many people tend to get trapped in the
education cycle, wanting to learn more and more before acting. At some point, being able to take that leap of faith and start working is needed. We can learn so much from doing, and our own mistakes can prove so valuable in the learning process. Additionally, people like to help others that they see taking steps already. So I say, do your homework and then get out there and try something!
Check out her online business: climbconfident.com
Choose a Business Idea You are Passionate About
Passion is also KEY for being successful in your business! You will be the driving force behind your business. You will also most likely be the only one getting your business off the ground, so you’ll want to make sure you are incredibly passionate about your business idea. I include passion as one of the ways to tell if your business idea is a winner in the article I mentioned about because it is one of the most important factors for success as an entrepreneur.
Here’s what a reader on Reddit had to say about passion when starting her subscription box business, FinerThingsBox:
I am still a newbie but I am a first time mom and first time business owner and I would say: If you have an idea you are passionate about, just do it! The satisfaction of running your own thing is so fulfilling. I never thought I would have the guts to start my own business but I’m so glad I have!
She also adds another piece of small business advice in her post regarding Research:
Advice #2 – Soak in all the resources out there about entrepreneurship. I am so energized each day when I listen to entrepreneur and marketing podcasts, read articles, and interact on forums.
The creator of Finer Things Box additionally suggested a podcast she’s been listening to called The Side Hustle Show which talks about the “Slight Edge Effect“. They suggest each day doing small things like reading an educational article, writing content, or promoting on social media. The podcast suggests doing these things daily which may not have an immediate effect, but after 365 days of these small things you can make a huge difference cumulatively for your business! I love this idea!
Check out my interview with Cara and her business, Finer Things Subscription Box in my previous post here!
I love both of these pieces of advice! What advice would you give to Mompreneurs? Leave your comments below and keep the conversation going!
January is “Start a Business” Month!
All month long we are featuring posts for how to get your business idea off the ground! Subscribe to the Mompreneur Advice Blog to get a weekly round up of posts sent straight to your inbox!