How to Overcome Challenges as a Parent Business Owner
Running a business is challenging at the best of times, but when you have children, it can be even more of a juggling act. Of course, it is also considered the best time by many to start a business, but in order to get that work/life dream, you must learn to overcome the obstacles you will naturally face, and not be scared off. It might not be the easy route, but parent-preneurs everywhere will tell you it is worth the handwork and they never want to return to the 9-5 for someone else.
So, just how do you overcome the challenges?
By all means, write your yourself some plans but don’t expect them to be set in stone. On a good day, you will achieve all you set out to achieve, and on a bad day you will end up with an emergency dash to school or nursery to retrieve a poorly child and end up wondering how on earth you can possibly make this work. Take a deep breath and remember, this too shall pass. Flexibility is the key, so while you might not want to be sending involves at 10 pm, once in a while, this is just how it goes down in the world of small business ownership.
Your network is crucial so build it well. Look for both a parent and business network and things will get so much easier. As a parent networking with others in the same situation gives you a little bit of childcare breathing space if you can take turns to do school pickups and after school care, you both get some much-needed time to work. In the world of business, you can look for mutually acceptable trade-offs, perhaps one of you is a social media expert and the other a bookkeeper? Sometimes a company doesn’t have to be about money it can be about an exchange of services to keep things ticking over.
Balance the Art of Saying No
Strangely so many people have a vocabulary that seems to have the word ‘no’ missing. It is a word that scares people in business, but it is a misconception that companies cannot say no. Sometimes it is far better to say no than fail to complete a task or order on time and get negative feedback. Of course, the skill is learning to communicate with alternatives, so saying things like, while I cannot complete that by your preferred date, I could do it by x. People respect honesty and understand that running a business can sometimes be busy. You must also learn the art of saying no to the business as a while and taking time out to spend with friends and family. It is important you do not always say no and cancel out on your time with in-laws, kids plays, and other events. One day you will wish you had been there, so try and strike some sort of work-life balance while you can.