Going back to work after having your little bundle of joy can seem like the most traumatic experience of your life. In fact, so many mums nowadays don’t want to head back into the 9 – 5 world of work that they hang up their employee hats to become mompreneurs, a new breed of working mom who set up their own business and fits it around the organised chaos that is family life. If you’re tempted to venture into the world of business ownership, take a look at these tips to make the transition as smooth as possible.
Any successful business is founded on an excellent money making idea. It’s up to you to convert your vision into a business plan complete with financial forecasts and projections for the first year of trading. Consider employing the services of an accountant who specialises in supporting start ups to deal with all the legalities and tax implications that come with setting up a new business. Once you have a well-constructed business plan and you have enough financial backing, you are ready to launch.
Consider venturing back into the world of academia to enhance your professional development. By taking on a qualification such as a masters of leadership course, you will be able to make your skills more relevant to the twenty-first century, develop a network of valuable contacts and see your confidence return.
Having children is the most magical life enhancing experience. Your little ones are the most important things in your life. However, what do you do when you have the most important business meeting of your life scheduled to clash with your son’s first play at school? This should be a no brainer. Go and see your first born’s play. You can’t get this time back, and you don’t want to turn into one of those parents that promises to be at your kids events but never shows up. Reschedule the meeting. If this isn’t possible, send somebody else in your place. The business will cope without you.
The Juggling Act
You need to become quite the time management wizard if you’re to become a mompreneur. As you’re cooking your kids favourite spaghetti bolognese and the ragu is simmering away, take the chance to answer a few work emails and schedule some meetings. On your lunch break, you may want to head out of the office and get your hair coiffed ready for your little darling’s birthday party at the weekend.
Although these overlaps between home and work life are welcome, try to ensure that your business doesn’t encroach on quality family time. There is nothing worse than heading out on your much longed for family summer holiday, only for your partner and kids to be spending lazy days on the beach while you are holed up in a hotel room beavering away on a laptop. This balance is all wrong. Nothing should become more important than the time you get to spend with your kids.
Starting your own business can offer the perfect blend of challenge professionally and fulfilment personally. However, it’s vital to strike the right balance to become a successful mompreneur.
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