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:
- You don't need a university education to start a business... but you do need passion. If you have enough passion for what you are about to embark on then your chances of success are already sky high.
- Market research ― please do your market research before you steam ahead with any product or idea. Just because you think it's good - doesn't mean it is and on the flip side, if someone tells you it sucks ― it doesn't mean that it does. You need to get out there and research your target market, then and only then can you move forward.
- Do your best to start your business on a shoe string, and then start to invest the revenue you make back in. You won't turn a 'profit' for some time but your business asset will be growing substantially.
- You have an array of skills at your disposal because you are a resourceful woman but it never hurts to brush up or learn new skills as you go. Unless you are hiring professionals you will need to know about marketing, social media, basic technical skills (if you don't have a web designer), search engines, advertising, networking, blogging... but before you panic, there are resources out there to make this process painless and you don't need to be an expert, you just need to know the basics and get a little bit of experience and training.
- Find a mentor or a few people that you admire and have a good connection with. If they are knowledgeable and willing to help you, then grab it with both hands and learn from them. It's far better to connect, follow and utilise a small number of people rather than hopping from site to site trying to find answers.
- Be strict with your time - time management is an art and one that you would do well to master. Some of the key areas to running a successful business are self-discipline, focus and managing your time effectively. Procrastination is an entrepreneur's worst enemy and very common downfall. My best piece of advice here is to get yourself a simple kitchen timer and work in solid chunks of thirty minutes at a time. Within that period you focus on the task at hand - no email, no calls no Twitter (gasp!) or Facebook ― unless of course networking is your thirty minute task.
- Fail fast - I suggested you do your research and work on some skills but ultimately put something out there, get going, don't drag your heels waiting for perfection. If your project isn't going to work then fail fast and move on to the next venture.
- Set yourself up with a blog - preferably a self-hosted WordPress blog. Start talking about your business with the passion that you have for it. Draw your niche market in to your blog with insightful posts about you, your business, your plans and anything else that will interest THEM.
- Network and revel in the strong support of the Mumpreneur community that is already out there. You'll never be judged, you'll always receive encouragement, opinions, advice and you will have the opportunity to create partnerships and life-long friends. Remember that these Mumpreneurs know exactly the struggles, hopes, fears and aspirations you have, because they have them too. Whilst it's really important to get your family and friends behind you, the Mumpreneurs you meet online will understand your business goals and any problems you face far better than any of your offline friends. So don't be afraid to reach out to them.
- Learn the way of the Web 2.0 world of marketing and build relationships with your customers. Be completely transparent and react quickly to any queries, complaints or mentions of your business. Times have changed and the playing field has been leveled - you have the same social tools to market your business as the big guns, so utilise them well.
- Suppress your whiny inner voice - the one that tells you you're useless and makes you doubt every move that you make. Have faith in yourself and believe that you will succeed. If you can get yourself into the right mindset then half your battle is won. Never lose sight of your goals, always tackle everything with a passion and drive that feels like fuel running through you ― if it doesn't feel like that ― something isn't right!
- Finally - be happy! Make time for yourself and your family because without them it will all be for nothing. You will need to work hard, you'll likely be up to the early hours of the morning day in, day out to make this really work, but the passion you have for it will see you through, the love for your family will keep you going and the time and patience you allow yourself on this journey of discovery will make you feel proud, enlightened and like you've scaled the highest mountain.
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