How to Be a Successful Mom Entrepreneur

Being an entrepreneur and a mother offers the best of both worlds. You essentially have it all, the career and the family. You’re in control of your schedule, your success and you’re able to be there for your family when they need you. However, this amazing lifestyle doesn’t come without challenges. Here are a few steps to help you be a successful mom entrepreneur:

Step One: Know and accept that you cannot, nor do you want to, do it all. Wonder Woman is a comic strip. She had size double D chest, a minuscule waist, bulletproof bracelets and an invisible airplane – she’s fiction! Besides all of that, she didn’t have kids or a business. If she did, she’d know to focus on her strengths and the tasks that make her the most profits and the tasks she enjoys and to outsource, automate and eliminate the rest.

That means if cleaning the house takes too much time away from your profits and you cannot round up the troops at home to help, consider outsourcing the task to a cleaning service. Likewise, if customer service takes too much of your time, consider outsourcing it – there are wonderful and cost effective services to handle just about any task you can think of.

Quick tip – to help you determine if it is cost effective to outsource, determine your hourly value by dividing your annual profits by how many hours you work each year. For example, if your annual profits are $100,000 and you work 20 hours a week with four weeks of vacation each year that’s 960 hours a year or $104 dollars an hour. Anything you outsource will ideally cost you less than $104/hour

Step Two: Schedule time for everything – that includes fun! Scheduling, and a good scheduling system, are the key to focused productivity. If you know that from 9-12 each day you’re working on writing content and from 1 – 3 each day you’re open to exercise, volunteer, or share an afternoon with a friend, you’re much more likely to stay sane and get a lot accomplished during your morning work time.

Step Three: Set boundaries, expect interruptions. Life is full of surprises and usually when we least expect and welcome them. Set boundaries with your family and friends so they respect and support your schedule and work time however, make room for exceptions. For example, your child is practically guaranteed to get sick on your big product launch day.

Step Four: Make time for you. Personal care isn’t a luxury, it’s a necessity. Whether you’re single or married with children or without, male or female, it’s important to take time out of your busy schedule to do things you want to do. If you’re a mother it’s even more important and if you’re a mother and an entrepreneur, it’s essential.

Life is about balance and in order to even the scales between work and pleasure, even if you enjoy your work, it’s important to make time for self-care. It can be anything from a trip to Tahiti, a day at the spa or a bubble bath by candlelight at the end of the day. The important thing is to practice it regularly and make it part of your life.

Step Five: Set aside time to plan. Yes, schedules and goals are essential to business growth however, if you’re a busy mom on top of being a business owner, planning your business often falls by the wayside. Schedule time to plan your business regularly, for example each month. Outline what you’ve accomplished, where you want to go, and how you’re going to get there. This habit will help you be more productive and you’ll be able to reach your business goals much faster.

Being a mom and a business owner isn’t easy however when approached strategically and with a bit of the common sense only a mother can bring to the table, you can have your proverbial cake and eat it too, without sacrificing your sanity, your profits, or your family.