Top Mistakes Mompreneurs Make

Top Mistakes Mompreneurs MakeIf you’re reading this blog, chances are you are a work-at-home mom, just like me.  And just like me, because for one reason or another you too decided to take on the roles of both full time mom and entrepreneur or business owner, we tend to find ourselves in very similar circumstances.  So I’d like to share with you today some of the biggest mistakes we, as mompreneurs, can face, in order that we can fend off these obstacles, keeping our eyes on the prize.

 

1.  NOT SETTING BOUNDARIES.  This is probably the biggest mistake I’ve made in my career as a WAHM.  If you have kids, you don’t need me to tell you what boundaries are… because your kids are pushing them!  Am I right or am I right?  Setting expectations with yourself, your family, and your clients lets everybody know when you’re available to them and when you’re not available to them.  Boundaries=stress averted!

 

2.  TRYING TO DO IT ALL YOURSELF.  Asking for help doesn’t mean that you’re weak or that you’re not smart enough or good enough—which are some of the crazy conversations we have rattling around inside our heads.  Trying to do it all by yourself is a recipe for burnout.  If you are committed to the success of your business, your family and your life, get the support you need.

 

3.  NOT BLOCKING YOUR TIME.  All mompreneurs figure out sooner or later that the most efficient use of our time is not to steal a moment here and a moment there to accomplish everything from business emails to grocery shopping to laundry.  Set aside specific times for specific tasks and then be committed to the task of the moment.

 

4.  NOT FOCUSING ON YOUR MONEYMAKING TALENT.  We all got into business doing what we do best.  These are the things that make us money, and these are the things that need to be our top priorities.  Do what you do best first and save the rest for last, or better yet, delegate, delegate, delegate!

 

5.  NOT HAVING A BUSINESS PLAN.  Just like you wouldn’t take off for vacation without a destination or a roadmap, if you want to reach your goals in business, you have to know where you’re going and how you’re going to get there.  Once you have a plan, it’s amazing how ambitious you’ll be at making your plan work and reaching those goals.

 

These are just a few of the top mistakes mompreneurs make, including some from my own experience.  Maybe you have some “favorites” you can add to the list!

 

I love to hear from you, so leave me a comment!

 

Have you fallen into any of these traps? 

 

What can you do right now to avoid or set right some of these common mistakes? 

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The economy stinks, but you still need support

Let’s face it: right now, we’re all taking a look at what we can do without. We’re putting off buying goods and services we don’t really need. We’re reorganizing our budgets in a way to squeeze a little bit more blood from the turnip.

Here are a few things I’m willing to do without for a while:

1) New bedroom furniture. I’ve wanted to replace the hand-me-down college furniture we have (with the exception of our phenomenal walnut and mahogany sleigh bed my dear husband built with his own two hands) for about four years now. Yeah. Well, I guess I can wait a while longer.

2) A really swank pair of black boots and a nice winter coat to go with it. As much as I want them, I don’t need them and can get by with what I have just fine.

3) Travelling some place warm after the thrill of the upcoming holidays wears off and I’m really, really sick of snow and the cold, gray days. I’ll have to make peace with the weather outside and appreciate how much my three little kiddos love it.

4) Much needed home decor and an interior designer to tell me where to put it. A year after moving into our lovely new home, I haven’t hung a single thing on the walls. Would love to brighten them up since I’ll be spending a lot of time in here given #3.

I could go on and on.

I am not resentful about giving these things up. It’s simply a choice I’m making. By saying no to these things, I’m saying yes to several others. I feel very powerful about the choices I’m saying yes to.

But there are a few things I will not choose to live without. These are the things I need to support me beyond the obvious food, clothing and shelter expenses I pay each month. I need to see my friends and family back in the States. I allow the expense to drive there on occasion. (Yippee–gas prices are down, finally!) I pay for an international calling plan that allows me to connect and relate to my faraway friends and family. I will continue to pay for the exercise and yoga classes that help me stay strong and healthy. And I pay for my business coach, who helps me keep my focus, my resolve and allows me to work out the fears I have that could cause my life and my business to take a downturn along with the economy.

Any of the expenses I’m choosing to keep spending could be seen as luxury items by some that could be cut to save money. But I know that, for me, cutting those would cut too close to the bone. Such cuts would weaken me, and I’d have less of a chance to stay strong, healthy, and focused when times are tough (like now).

What are you cutting or choosing to do without?

There are lots of places in most of our budgets that could be made leaner.

However, cutting out the things in your life that support you in being strong, healthy and focused could have a detrimental effect.

For a limited time, I’m offering my coaching services at a minimal fee to those who need some support to get through these tough times. My normal fee for four-hourly sessions per month is $600. I’m offering a once-a-month Focus Call for individuals for $150.

Seriously, aren’t you worth one hour and $150/month? Get someone to support you so you can see the possibilities that are available to you now. I’d love to be that someone!

Please email me directly for more information: lara@mombizcoach.com. Of course, you can learn a bit more about my approach from my website: www.mombizcoach.com.

To your success!

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