The 3M’s of starting a business


3M’s of starting a business we are going to look at the market, money and marketing.

In this video, I discuss the 3M’s of starting a business

How to set effective weekly goals


Setting a goal is incredibly important for not only your business but also your personal life too. But why is this? What makes setting a goal so important and how can you make sure that you set effective goals?

In this video, I discuss How to set effective weekly goals

How to overcome the major pains of starting your first business


When you launch your first business, you think it’s the greatest thing in the whole world, and you want it to succeed so much. So, how do you overcome the major pains of starting your first business?

Click here to enrol on Create Launch Grow a start-up course for parents 

Click here to read blog posts covering various start-up topics

From 9-5 to small business owner


One of the most exciting milestones for any new business is getting to the point where you’re ready to quit your 9 to 5 job… and work full-time, on your own business there are some key pieces to the puzzle you need to ensure you have in place first before you make the switch.

In this video I discuss moving from 9-5 employee to parent entrepreneur.

Join the Parents in Biz hub here. 

Sign up to Create Launch Grow a start-up course for parents enrol here. 

Read blog posts covering various start-up topics here.

How to determine what type of business you want to start?


The independence and idea of being your own boss is alluring. However, before starting your own business and becoming your own boss you need an idea. So how do you determine the type of business you want to start up?

Check out Prambibs here.

Sign up to Create Launch Grow a start-up course for parents enrol here.

Read blog posts covering various start-up topics here.

How to overcome lack of confidence and start a business


Apologies for the slight lag!

Nobody is born confident you have to start small and work on yourself in order to build it up.
Here are 3 tips to help you build on your confidence and start your business.

In this video, I discuss How to overcome lack of confidence and start, a business.

Enrol on Create Launch Grow a start-up course for parents here. 

Read blog posts covering various start-up topics here. 

 

10 Side Hustle Ideas


10 Side Hustle Ideas

Whether you are working and looking for the way into building your own business and being able to leave work, or whether you are an entrepreneur looking for some extra gigs, side hustles are a great way of generating additional income streams, and not keeping all your eggs in one basket so to speak. Side hustles are so called as they fit neatly around other commitments, like the day job, but can offer a valuable financial boost, so here are ten ideas to get you started.

1. Sell on eBay

Nice and simple, you can either sell your unwanted items on eBay, or you can build a shop, buying wholesale and selling at a profit. The key to getting sales are quality descriptions, keywords in the title and high-quality photographs. Keep backgrounds white and only show the item, not other random things that happen to be in the shot. Be sure to look at commission structures and the cost of post and packaging and these can drain your profits, but the upside is you can sell pretty much anything as there is a category for most things.

2. Online Tutoring

If you have a degree or equivalent level of education, you will find there is a demand for online tutors. There are several sites that will help you match with potential pupils but remember that they will want a commission in return. You can set this up on your own if you are confident, and there are a range of platforms available that let you live chat, with video. You can either teach your subject or look into English as a foreign language, as this is always in demand.

3. Be a Domestic Goddess

If you have some spare hours and are looking to fill them, why not consider domestic duties. Whether you offer a collection and return service for ironing, or are happy to visit people and clean for them, there is money to be made in taking away these hated chores from other stressed workers. If you have green fingers, this could equally apply to gardening. A great way to get your exercise and make some extra money is to offer a dog walking service. Be sure to look into insurances for public liability.

4. Airbnb

Another favourite way to bring in an extra income stream, if you have a spare room, is to register on airbnb.com. Here you will find travellers passing through that are looking for a place for the night or a few nights. It is up to you to set the rules of who you are happy to host, but savvy folk have managed to get their whole mortgage paid each month thanks to this website. There are other sites that run in a similar way so consider registering on all of them.

5. Rent Your Driveway

If you live near a big hospital or near a busy town your driveway could be a potential goldmine. If you have the space, consider renting out your driveway, even better still if you can offer unsociable hours, as places like hospitals often do not have enough staff parking provision, and night workers and shift workers are always on the lookout for places to park. Just remember to make visitors aware, as you cannot charge and then have the space in use when they turn up.

6. Become a Landlord

A tale as old as time, being a landlord is an easy way to boost your annual income. If you can afford to have a second property, you have the basis of a great side hustle. Hand the day to day running to an agency and sit back and watch the passive income roll in. If you are in the market for a property to start this off, student lets are always in demand if you live in a university town or city.

7. Be an Extra

This one is a little bit location dependent, as you do not want to negate your fee by travelling for hours. However, bigger cities are almost certainly going to have various films and television shows being shot, and there are a number of websites that help you find these opportunities. Extras are needed in all age groups, male and female, so do not be put off looking.

8. Write for Money

Writing for money is another great idea. Businesses, large and small, often outsource writing, and freelancers tend to be cheaper than using another company. Blogging is perhaps the most popular job that gets outsourced, but people also look for book writing and web content. Again there are freelance sites like Fiverr and Freelancer that can help you get started.

9. MLM Sales

You will be aware of several MLM companies operating at the moment, if you are not sure then we are talking about things like JuicePlus, Avon, Aloe Vera and many others. You are basically a sales rep for another company and earn a commission on the items that you sell. Often bad mouthed as pyramid schemes, as long as you are aware of how they operate you should be fine. Some will push you to create teams of your own, which in turn earns you more money so might be of interest. Alternatively many will let you sit as a sales rep and just make your own commission. You will need to be outgoing and bold and not afraid of repeating your message over and over, but there is money to be made.

10. Create an App

So this probably requires some upskilling for most people, but mobile apps are huge and do not show any signs of becoming less popular. In fact, this is a growth market. Being an app developer means you get paid even if the app is not a big seller. The person who came up with the idea will make payment on completion of their app. If you have the skill to create apps, then you can also use it to make your own and hope you hit a really popular niche.

Online business startup course

6 Business ideas for parents


Business ideas for parents

If you have always wanted to start a business from home, or you are looking to develop an income stream while the children are younger, so that you can expand on as they grow, but don’t know where to start then have a look at these. We have six business ideas for parents that can either be started from home or worked around school and nursery to help you get your entrepreneurial streak kick into action.

1. Cleaning Business

Whether you find a gig cleaning offices or you find a niche working for people in their homes, cleaners are in high demand. If you feel that going out of the house is not for you, then you can always employ people to do the actual cleaning while you run the office. Lots of working professionals have a cleaner to help make life easier, so check out whether there is any provision in your area and if not maybe this could be your route to success.

2. Mobile Hair and Nails

If you already have skills or are happy to do a spot of retraining, then mobile hairdressers and beauty technicians are also popular. Older people often struggle to get out of the house so having someone to come and cut their hair is invaluable and helps them feel less isolated. Another trend is to have clients in your home but offering the facility to have their children with them. Check out health and safety issues but as the parent remains with the child the whole time you shouldn’t have too many considerations.

3. Freelance Writing

If you really feel that you need to be based at home and have a good grasp of the English language, freelance writers are always in demand. You can write anything from newspaper articles to blog posts, as long as you can write accurately and quickly then you can earn a decent amount of money. It is also something that can be done exclusively online, so if you would rather not have people in your home or have to find childcare to go to work, this could be an option.

4. Web Design

Web design is always a popular skill; many small businesses do not want to pay the extortionate prices that large agencies charge, so having a small freelancer that can help them set up their website is a bonus. Check out the latest platforms as you may need to look at up-skilling before you can get going but the demand is there if you have the skill.

5. Dog Walking and Sitting

Pet sitting is always something that people look for. Whether a client is looking for someone to walk and visit their dogs while they work long days, or whether they have to go away for a few nights and would prefer to avoid kennels. You will need to check out insurance and local authority requirements for boarding dogs in your home.

6. Sales

Whether you have room to keep stock to resell or whether you look at some of the million MLM companies on offer, a lot of people find that selling is the way to go. You need to be sociable, but a lot of interaction is done via social media. Be sure to work with a reputable MLM if that is the route you choose.

Online business startup course

How much will my business start-up cost?


How much will my business start-up cost?

There’s no doubt that it can be quite an expensive process in trying to start up a business. As a parent entrepreneur, the costs can seem extraordinary. Trying to figure out all of what you’re going to be paying can be difficult, as it will vary from one person to the next and change with each situation. However, there are a few things that every parent entrepreneur is going to have to take into consideration when thinking about costs, and we’re going to be looking at that here and now.

Starting Materials

First of all, you need to think about what you’re going to need to start off with. This involves the materials which you need to make sure that the business can progress. This will include things like a laptop if you’re going to be working from home, premises if you’re running an actual brick and mortar store, or the cost of buying a website domain if you’re running an electronic business. These are all basic costs which have to be considered because without them the business can not progress.

Marketing Costs

Now that you do have a basic set of materials and resources available to you, it’s important to consider the marketing costs of your startup. Now that the business is established, you need to make sure that you’re advertising it to the world. Marketing is an expensive option for people to consider unless you choose to work with social media. Marketing can be a costly endeavour, but you have to consider whether or not it is worth it for the sake of the business. But regardless, you have to consider how much you’re prepared to spend into marketing, and also the time it’ll take to get a marketing system set up – applying for social media, contracting a marketing company, etc.

Product Sourcing

Something else that you have to consider when it comes to your business startup is the sourcing of products. You need to consider how much of the products are going to be to buy; It’s so important to consider this because so many people try and make an estimate as to the costs of the products and wind up getting out of pocket.

Overall, these are just a few of the things that you need to consider when it comes to trying to start up your business. The costs which are associated with this will vary from one business to the next, but these are just a few of the basic costs which most startups need to take into consideration. It’s all about getting yourself started, which can be a real challenge for businesses run by parent entrepreneurs. However, if you’re going to run a business, you’ll need to think about all of these.

We built a course exclusively for parents! Create Launch and Grow a start-up course for parents! Find out more here. 

5 tips on how to finance your business start-up


5 tips on how to finance your business start-up

As a parent entrepreneur, it can be difficult to find the time and money to finance a startup business. No business can be run for free, which means that finding ways to finance it are critical. You have to look for the best opportunities and take whatever’s available to you, even if it’s not always clear what route to take. To try and help you with your business, we’re going to be taking a look at a few of the different tips that you can follow to try and finance a startup.

Consider A Loan

One of the easiest and most simplistic ways to get money to finance your start-up business is just to get a loan. It’s not especially complicated in modern society, with many establishments offering loans which are specifically aimed at the startup business. With all the different options available, you can easily find a loan which will work for your specific circumstances.

Crowdfunding/Kickstarter Campaigns

The thing about a lot of startups is that they have some seriously good ideas. However, these new thoughts and concepts are blocked off by a lack of funding. To try and compensate for this, why not consider a Kickstarter or crowdfunding campaign? This means your business will actually be funded by people who are interested in the ideas you have and may even go on to be your customers and clients when you get going.

Angel Investors

Sometimes, you need someone to recognise the potential of your business and agree to help finance it. Angel investors back a lot of startups they provide the funding for an idea, and in return, they get a percentage of your future profit, or a free service, or whatever their terms are. It’s a great method for your startup, so don’t write it off.

Ask Family and Friends

Perhaps one of the biggest mistakes you can make is to presume that you have to do this alone. Your family and friends might be willing to lend you the money to start up a business. Perhaps this means that you cut them a discount or give them something for free now and then. But they’re a fairly safe place to borrow money from.

Spend Your Own Money

Perhaps as a parent entrepreneur, you do actually have some spare cash lying around. It doesn’t have to be a lot, but it could be enough for an ad campaign or getting started. Make sure that you use it wisely, however, and remember to invest it where it’s sensible.

Overall, these are just a few of the different things you can do to finance a startup business. It’s not always an easy thing to do, but once you get going, it does tend to get easier. It’s important to remember that you’re not alone and that you’ll have people you can lean on in tough times. Remember to have faith in your service or product, because we’re sure it’s a good one.

Do you dream of starting your own business and becoming your own boss?

Have you got a business idea but don’t know where to start? Enrol in Create Launch Grow a start-up course for parents click here to find out more.

 

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