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I’d often dreamed of becoming my own boss but I lacked the start up capital to take such a huge financial risk so it stayed a dream. It wasn’t until I was on maternity leave that I realised I didn’t want to leave my son with someone else while I went out to work but I resigned myself to the fact that this was how it was going to be.
Then a week before I was due back to work I was made redundant. I was devastated. I was relying on the income after months of unpaid leave and I needed to start earning money again. The recession was in full swing, there was a lack of local jobs and I still wanted to stay at home with my son.
After a while I started thinking this was my opportunity to finally start a business. By this point I’d had some success sewing toys and shoes for my baby and had managed to get a few custom orders. At first I thought this was great but I soon realised the baby shoes were too time consuming to make which meant I wouldn’t make a profit. For years I had been fully immersed in the online handmade community and while I was researching other business possibilities I realised there was a gap in the market to help others in this area. I was seeing so many creative people trying to sell their handmade goods but not having much luck purely due to the fact that they didn’t know the best way to market themselves. With my past experience working in advertising, marketing and promotions and my first class degree in Design and Management I knew I could help.
But I had no money. I knew my target market was international and because my niche was crafters I knew where to find them. I joined Etsy, a handmade marketplace for small businesses. On Etsy you list items for sale under a shop front which you can design yourself. Etsy allows you to sell non-handmade items as long as you are providing a finished item which in my case is marketing and PR plans.
Start up costs
I set up my shop on Etsy for free. I designed a banner, logo and illustrations to list my products under. Listing was 20 cents an item and I listed 4 items to start with. I actually didn’t have to pay anything upfront as the bill for these listings would be due a month later.
Marketing on a budget
Despite not having much money I was able to utilise the internet to market myself for free. I use Twitter and Facebook to interact with other entrepreneurs and forums to chat with potential customers.
I set up a free blog with marketing tips and I decided early on to feature inspirational businesses in a series called Creativity Speaks! This helped to gain readers whilst becoming a resource for creative businesses.
Within a few weeks I had my first clients. One in Canada and the other in Singapore. Due to my low overheads, almost overnight I had a profitable international business.
I now spend my days playing with Lego, finger painting, exploring in parks and collecting things for our nature table. When my son naps I catch up on emails, when he goes to bed for the night I complete marketing plans. Being made redundant was the best thing that ever happened to me. Just don’t tell my old employers that!
My top tips when starting up on a budget:
Isa Maria Seminega, Noisette Marketing
Being a mum can be challenging, being a business woman can be challenging too. Trying to do both at once can be mind-boggling. I fight shy of the term mumpreneur, but if it suits you, then that's what I am. I run my small business from home and I am also full-time mum to two pre-schoolers.
I always swore I wouldn't and couldn't run a business, house and family at once and I was right, something had to give and sadly that was housework! If inspiration strikes but you think circumstances prevent you from acting on it, then ignore your head and go with your heart. Running your own business is a rewarding, fun, busy add-on to family life and just the challenge my poor nappy-brain needed. So a few tips if you fancy joining me on a self-employed mum adventure:
Good luck to you and I'd love to hear all about your experiences.
When starting a business it is difficult to put aside an amount for marketing and it’s hard to justify how much should be spent.
When I started my business Rentabuggy.co.uk in 2008 I spent a couple of thousand pounds on marketing within the first six months but was surprised to find that I didn’t get many results from it. Here are my top five tips for advertising on a low budget.
Laura Morris, Rentabuggy.co.uk
Working as a life coach and business mentor for the last three years, I have come across many challenges and issues mums face in trying to run their own business; time management, dealing with guilt etc. However, one of the major obstacles mums seem to come up against time and again is that they have difficulty selling their product or service. They aren't 'sales people'.
Ask any businessmum to describe her business and its benefits and she could probably explain to you in glowing and passionate terms what she does and why she does it. Ask her to sell you her business and she clams up. Why? Although I've asked for the same thing simply using different wording, many people assume that use of the word 'sell' implies pushiness or forcing a product or service onto someone who isn't interested. For example, when you think of a salesperson, how do you picture them? A bored girl in a shop, a car salesman? Or something different?
It makes sense that when starting out with an opinion of sales like this, it is always going to be difficult to sell yourself or your business. So, why not challenge those long-held beliefs? Think about all the people who have to sell in their line of work and how many of them actually fall into this category. Can a different picture of a salesperson be developed?
Alternately, why not classify the action of selling as something other than sales. For example, informing or enthusing (choose a word that suits you and your personality). If the burden is simply to inform a possible client about a product rather then sell, does this lift the pressure? Is the process approached with a lighter heart?
The second thing a lot of mums assume about selling is that it implies concluding with a sale, often by 'coaxing' or 'pressuring' a client into it. It doesn't need to be this way. If you truly understand your market and what they want and can present a product or service in such a way that it appeals, sales will be created simply by making people aware of what is on offer. Assuming the demand is there, of course.
Some other great ways to combat the no sale are:
Selling needn't be stressful or pressured. Approached positively, it can simply be a celebration of what you do and who you are and, in the end, aren't people more likely to buy from someone who's enthusiastic about their business than someone trying to force it down their throat?
Alli Price, Motivating Mum
I do love the support and compliments I get from my fellow mums. I am regularly asked: “How do you fit it all in – not just one child, but a baby and then your business?”.
There is no real secret to it. But this is how I manage:
1) Firstly motivation – without motivation, there is no way you will fit it all in. If you are motivated, then things do become much easier. This is what motivates me:
2) There is, of course, time management:
3) Set realistic expectations/adapt to the time you have:
I was recently asked if I ever sleep – you know what – I do! I sleep more than my peers, almost eight to nine hours a night (with interruptions from the baby, of course) and I do read too – probably one book a week. So the tips above do work. Honest.
The key is probably to find something you love and the rest will follow naturally.
Margarita Woodley, Red Ted Art
Dear aspiring mumpreneur,
I'm writing this open letter to you to outline some crucial points that I wish someone had laid out for me. I'll keep it as short as possible because I know your time is precious but I'm sure that if you read this through, you'll save a ton of time in the long run.
If you are truly serious about becoming a part of the wonderful world of mumpreneurialism, read carefully what I have written below, you'll gain the information you need to act now and get in the right mindset.
Here are, not necessarily in the best order, my top tips to set you on your way:
So there you have it, the open advice that I wish I could have received when I first started out. I hope that it serves you well and that you go on to be truly successful and accomplish all that you set out to achieve. Maybe you could look me up in the Mumpreneur community and let me know how you're getting on sometime ― I'd love to hear all about it.
So, from one Mumpreneur to another - good luck, stay focused and live each day to the max!
Nikki Backshall, WebMums.com