Posts Tagged ‘Entrepreneur’

11 AWESOME PRODUCTIVITY TIPS FOR BUSY MOMPRENEURS

Wednesday, March 23rd, 2016

Being a mom is no easy job. Once you bring a little person into this world, your life ceases being your own. Throw a marriage and business on top of that and you officially have the toughest job in the world – being a “mompreneur”.

Truth be told, being a mother, wife, and businesswoman all at the same time can be overwhelming. If you find yourself in such a position, you can probably attest that sometimes it feels like your mind is going to explode. While mompreneurs have arguably the most hectic lifestyles, the good news is you can still thrive in your business and motherhood. Not only is it possible, it’s also one of the most rewarding experiences a woman can experience.

In order to be a successful mompreneur, you have to adopt certain habits and ways of doing things that make you productive on a daily basis. So, with that in mind, here are 11 awesome productivity tips for busy mompreneurs.

11 Awesome Productivity Tips for Busy Mompreneurs

  1. Set Goals

Being productive begins with setting personal goals. Goals are an important component to achieving success in any endeavor, especially when it comes to running a business. When you are clear about what you want to achieve, this will motivate you to do more than the bare minimum. What’s more, goals prevent you from becoming distracted by unimportant matters and keep you on course even during tough times.
As a mompreneur, you need to set goals in your personal and professional life. Once you set your priorities right, it becomes easier to plan and get things done.

  1. Plan Ahead

Speaking of planning, this is one of the important skills of remaining productive. Planning ahead enables you to stay organized and work efficiently. Itemizing your priorities is a good way to avoid overwhelming yourself or putting off important things that might drag you behind.

There are many ways to plan ahead. For instance, you can make a to-do list for the next day every evening before going to bed. Alternatively, you can plan a weekly menu, stockpile groceries, then precook dinners and vacuum pack or freeze food to save time on cooking after a busy day at work. Cutting back on meal preparation can help you to spend less time cooking for the family and get more work done during the week.

  1. Do Not Try to Be Supermom

Being a mompreneur can feel overwhelming when you try to do it all. If you often feel like you don’t get enough time for family or fall behind on business targets, then ask for help. Consider hiring a sitter to watch your kids when you’re busy with the business or a house help to keep the household running smoothly. As soon as you can afford it, hire an assistant or employees who you can delegate tasks to. You can also include your kids in the business and ask them to lend out a helping hand during their free time in exchange for an incentive. Don’t hesitate to pay people to do tasks that are not in your zone of expertise as this allows you to focus your time on high revenue activities and become more productive.

  1. Define Your Boundaries (This is Crucial!)

This is an important tip for the stay at home mompreneur who has a home office. Although working from home has its many perks, there will no doubt be many distractions that can make you unproductive. It’s therefore important that you set clear boundaries for work and family time and stick to them. For example, avoid distractions such as TV, chores, and checking social media messages during work hours. The family must also know that mommy should not be interrupted during work time unless it an emergency. In return, be committed to quality family time when you’re not working.

  1. Take Frequent Breaks

When talking about getting more done in a day, taking frequent breaks may sound counterproductive. After all, most people think that increasing effort and time in something equals more work done and better results.

However, studies show that taking frequent breaks increases your capacity to do more work. Just like muscles need to relax after they tense up, you also need to relax and rejuvenate after short bursts of focused work.

Therefore, to become a productive mompreneur, remember to take frequent breaks in between tasks. Think of it this way: rather than increasing the time you work, you’ll be improving the quality of the time you work. By taking breaks, you will avoid fatigue, work more efficiently, feel energetic throughout the day and get more done.

  1. Limit Multitasking

Doing two things at the same time may seem like a great way to get more done, and sometimes it is. But science shows that productivity drops when multitasking because the brain cannot fully focus. As a mompreneur, multitasking may feel like you’re leveraging your time but the truth is you’ll be more predisposed to error and take longer to complete tasks. The lesson? Try to focus on one task at a time because you will work more efficiently this way.

  1. Keep to Your Schedule

It’s imperative to manage your time if you want to be a successful mompreneur. This means you need to establish a routine and stick with it. Being consistent with your routine will not only allow you to feel focused on what you need to be doing, it will also help you feel less overwhelmed.

  1. Exercise Regularly

Between raising kids, being a wife, and running a business, most mompreneurs rarely have time to exercise. In fact, hitting the gym or going for a jog might be the last thing on your mind when you have a pile of things to do. However, exercising regularly keeps you fresh, sharper, and energized for both your business and family. More importantly, excising often will make you less prone to falling ill, which can be a big setback for a mompreneur.

  1. Get Adequate Sleep

It’s easy to turn into a workaholic when striving for more productivity, but be wise and resist the urge. If you want to become an effective mompreneur, you also need your beauty sleep. Strive for at least 7 hours of sleep every night. Getting adequate rest will allow you to be at your best when running a business and being a mom at the same time.

  1. Let Your Motivation Drive You

One of the keys to success is staying motivated. As a mompreneur, remind yourself everyday why you’re in business. The reason could be anything from finding more time to spend with your kids, to striving for financial freedom or providing your family with a better quality of life. Be clear on why you chose to be a mompreneur and use it as rocket fuel to get moving and doing your best every day.

  1. Maintain a Positive Attitude

Being a mompreneur can be both physically and emotionally draining. You need to maintain a positive attitude at all times because that’s essential for success. Negative thoughts can keep you down and prevent progress. Therefore, you need to stop them in their tracks and instead embrace a positive attitude. One way to achieve this is to associate with like-minded women who are inspirational and provide moral support. Remember that positivity lets you keep sight of the bigger picture and pushes you to strive for success.

 

Conclusion

Becoming a successful mompreneur is no easy feat. As a mother, wife and entrepreneur, your work never ends. But if you manage your time well and follow the tips outlined above, you’ll soon learn striking a balance between your family and business’s needs are not that elusive after all.

 

Author Bio:

Uyo Headshot Closeup - 2016Uyo Okebie-Eichelberger, Serial Entrepreneur, Wife, Mom and Duke MBA, has successfully built a seven-figure empire in the maternity industry with You! Lingerie and Preggo Leggings, two leading designer brands of chic maternity/nursing intimates and apparel cleverly made for fashionista moms.

The former Kraft Brand Manager and her brands have been featured in several publications and TV shows like The New York Times, Glamour Magazine, Cosmopolitan, The Huffington Post, CNBC, The Today Show, E! News, OMG!, The Daily News UK, Pregnancy & Newborn, American Baby and Fit Pregnancy.

Currently, Uyo Okebie-Eichelberger’s brands are sold online and in over 120 stores in North America, South America, Europe, Australia, Asia and Africa. Uyo Okebie-Eichelberger recently partnered the world’s largest retailer, Walmart.com to launch an exclusive line of maternity/nursing lingerie called Love Xoxo by You! Lingerie.

She shares business tips on her blog: www.UyoOkebieEichelberger.com. Follow her social media pages on Twitter: @UyoEichelberger and Instagram: @Uyo

8 Rules That Will Help You Create a Successful Business

Sunday, August 16th, 2015

More and more college graduates are opting to cope with the uncertainty of the job market by launching directly into business after graduation. Most people in employment are also opting for a side business to provide extra security should they lose their job or should they have to contend with a salary cut.

The threat of losing one’s job, or even becoming indigent, was bona fide by the 2008/09 financial crisis, as many people lost their homes and other property following the collapse of banks and companies from different industries.

Emerging world trends are also beginning to render most job posts irrelevant. For instance, most companies are fast becoming reliant on the internet for selling and marketing. This threatens the position of employees in sales and marketing positions. The same thing applies to software design jobs, where most companies are beginning to crowd source their ideas, thereby needing their software designers less and less.

With such trends, even those who still hold jobs find themselves in underpaid positions or find that their wages have stagnated. What’s more, the cost of living is not adjusting downwards to cater for these changes in the work environment, hence people have to work more to get more money to feed their families and maintain the standard of lives that they are used to.

Whatever your age, motivations for going into business, or the line of business you want to go into, your rate of success will be shaped by the same factors. Whether you are opening a physical store or an online business, there are some rules that apply in all lines of business and these rules create success.

Business Success

  1. Define what motivates you

Most people find motivation when they are at the lowest point in their lives. In every economic recession, there are those around you who usually seem to emerge unscathed. Most of these individuals tend to be very successful entrepreneurs, who have experienced firsthand what it feels like to be on their last dollar and have vowed to themselves never to go through the same experience again.

You too could find motivation from similar situations. If you have a family, the thought of what could happen if you are laid off could spur you into action. If you don’t have an additional source of income, it could mean that you might have to lose your home and have your family live on the street or in the basement of your parents’ house.

To prevent such a scenario, investing your time and money in creating additional income sources should become a priority for you.

  1. Go into a line you are interested in

Starting a business in a line of work that you understand is one way to guarantee success. This is simply because you understand the inner workings of your industry and are less likely to make mistakes.

Starting a business in another industry could mean having to upgrade your credentials by getting some form of education. This will cost you money and time. Not to mention, your full time job is already time consuming and draining, therefore having to switch your mind to a different line of work will require a lot of mental effort.

  1. Live within your means

If you like spending, you will have a hard time building a successful business. You will find that the less you spend, the more money you will have to inject back into your business to make it grow.

Avoid getting loans to buy things which will not make you money. Also, if you can, get rid of credit cards.  Once you succeed, you will afford any car you want and you can get credit cards.

  1. Surround yourself with the right people

You can learn a lot from the people you surround yourself with. Social media platforms serve as a meeting place for people, where plans are made and ideas are shared. If you have the right people in your network, you will find solutions to most of your problems from them.

Technology designers or application developers, for instance, help each other to develop useful applications without stealing each other’s ideas or competing with each other. Participants in such projects see this as an opportunity to learn new things.

  1. Learn to promote your brand

The only way others will know what you are up to is if you aggressively promote your brand. You have to develop a maximum of three key selling points for your products or services, then market them based on those selling points. Your marketing efforts have to be convincing enough to make people want to buy.

  1. Learn to manage your time

If you are poor at managing time, you will find it extremely challenging to juggle your full time job and a side business.

You can find a few hours a day to build your business by waking up early in the morning. If this is not possible, you can dedicate your weekends towards your business.

  1. Learn to take setbacks in stride

Any business will have set backs. You might find that your sales are not coming in as you expected or that customers are giving negative reviews to your product.

Instead of giving up, such challenges should motivate you to find solutions.

  1. It shouldn’t be all about the money

Money is good because in an economy that is driven by money, it gives you the ability to afford things. However, don’t go into business just to make money.

A sense of accomplishment and satisfaction are equally, if not more, important as money. Knowing that you created a product or are providing a service that people would pay money to use is indeed a big achievement and should not be ignored.

If you take the above into consideration when building your own business, you will not only become financially secure, but you will also build a business that is relevant to people’s lives. More so, if you are persistent in your efforts, your business could succeed to become your full time job.

About the author

Noella Tesi started a successful business after getting out of debt. Her past experiences in debt give her motivation for succeeding financially. Read on for more.

Business Tips To Help You Succeed As An Entrepreneur

Thursday, July 16th, 2015

Prospective entrepreneurs often wonder about how established business owners managed to achieve their success. There is no quick or short path towards becoming successful in the world of business. The key factors that determine your ability to reach your business goals include having the right attitude and taking action.

Pursue your Goals Passionately

You will enjoy a fulfilling life if you make the bold choice of pursuing your dreams of becoming a successful entrepreneur. Anyone who gets the chance to work in an industry that he or she is passionate about will be more motivated and productive.

While financial goals are a crucial aspect of starting your own business, you should ideally start a company that has the potential to make a positive impact on people’s lives. This will enable you to not only run a profitable venture but make a worthwhile difference to the lives of other people as well.

Being committed to your business objectives requires you to be passionate about your ideas. Your level of commitment has a significant effect on whether or not you will succeed. Take pride in the work you do and the service or products that you provide.

Entrepreneur

Entrepreneur

Focus and Consistency

Your desire for generating income and growing your business should never distract you from being consistently good at what you do. Maintaining focus and making an effort to be among the best in the industry will make it easier for you to achieve profitability and growth over time.

Enjoy your Work

Several successful entrepreneurs can attest to the fact that being positive has contributed to their achievements as business founders. You should be able to enjoy what you do and your business should add joy and fulfillment to your life. If your business makes you miserable, it would be a good idea to try something else that actually interests you.

Your employees also need to look forward to work each day and be actively involved in various aspects of business operations. The happiness and motivation of your employees will enable them to serve customers better and work more efficiently. Look for people who genuinely want to add value to the company and contribute to the success of your venture.

Never Give Up

Difficulties and challenges are inevitable when starting a business and you may not always get the results that you aim for from time to time. The road to entrepreneurial success is not always smooth but you should never give up.

Tenacity and resilience are essential because they make it possible for you to be firmly entrenched in the pursuit of your goals. Whenever you encounter failure, use the experience as a valuable lesson and keep on trying until you reach your goals.

Learn and Grow

Every time you get new ideas note them down in a journal that you can refer to for inspiration. List also your goals so that you can track the progress that you are making. In order for you to learn how to be a successful entrepreneur, you should be willing to listen and gain knowledge from other people.

A good entrepreneur also needs to learn how to delegate duties especially in regards to areas of the business that he or she may not have the skills for. Hire people who have the qualifications to carry out the work that you may be unable to do and allow yourself to have enough time to spend with friends and family.

Positive Working Environment

The free time you get when you delegate is also useful for helping you focus on other ways to implement in order to grow your company. The work environment should encourage people to communicate and share information that is useful for the business.

People need to be able to interact freely and be comfortable enough to express themselves. This type of work environment creates confidence and makes every member of the team feel valued by the organization.

Take a Break

With technological advancement, people are able to accomplish several tasks as long as they have computers and internet connections. Although this has made it possible to carry out tasks faster, it is still important to get out and face the real world occasionally. Take a break from your computer screen and mingle with inspirational people.

Succeeding in Entrepreneurship

Regardless of where you are located or the kind of profit you are able to make, it is important to be surrounded by positive motivated people who will give you the encouragement you need to keep your business running. Being a successful entrepreneur takes hard work and determination. Entrepreneurs who have been able to achieve success in their venture share a number of similar characteristics.

  • In order for you to be set apart from your competitors, you need to be persistent, positive and passionate about your business. Such attributes need to be cultivated because they enable you to possess the skills that are necessary for developing a business effectively.
  • Business strategies cannot thrive without passion. If you approach your business ideas with a reluctant attitude, your willingness to succeed will soon fade away. Keep on persevering until you get what you want because every effort you make will be rewarded in the long run. Taking the plunge into the business world is exciting but you need to be cautious about how quickly you move.
  • Manage your risks efficiently and try to make them as small as possible so that you will be able to recover faster in case anything goes wrong. The outcomes of business risks provide entrepreneurs with lessons that they will never forget.
  • Many entrepreneurs usually begin by working for other people. The amount of time they spend in a particular industry prepares them for the process of starting their own businesses. Find a mentor who you respect and admire because his or her mistakes and success will help you learn what you need to know about running a business.
  • Confidence and effective communication are essential traits for any entrepreneur who wants to promote a venture effectively. A business owner should have the ability to market the company and share its vision while prioritizing the needs of the customer.

Nigeria Needs An Entrepreneur Not A Magician

Monday, May 25th, 2015

Nigeria is in need of a Leader, who is a seasoned entrepreneur, not a Magician that many are craving for. I read a lot of comments and write-ups which shows that many Nigerian are expecting the President Elect General Muhammadu Buhari to perform magic and transform Nigeria into a developed nation overnight.

It is time we wake up from the land of slumber. It is time we discard fantasies and embrace reality. Unless we do that, we will continue to suffer in the hands of opportunist and con-artists who promise us that we will suddenly be transported from our present state of economic woes to the land of promise!

It is time Nigerian request that our nation be run like a business where the stakeholders holds the leader accountable. The citizens are to be blamed for all the years of looting we have experienced in the past. Since we want fairy tales of the magicians and expect result from a simple wave of the magic-wand, we shouldn’t complain that we get screen-saver results instead of the result we desire!

Entrepreneur vs Magician

Magician

What differentiate a magician from an entrepreneur? The answer is simple. An entrepreneur promises all stake holders, shareholders, customers, suppliers, workers a better future. He doesn’t do that by just making promises based on his fantasy, rather he makes propositions based on available resources and then promises all the stakeholder realistic result based on their commitment to the vision! A magician on the other hand make promises base on his slight of hand. He generate results that gives momentary pleasure or excitement, but cannot be held accountable for whatever happened thereafter. Nobody holds a magician accountable!

Hand pointing at a Entrepreneur word illustration on blue background.

The Entrepreneur

It is unfortunate to note that many Nigerians are expecting someone somewhere to perform magic while we all go to sleep. That is never going to happen. No matter how good the incoming government is, our collective effort is required to move Nigeria forward.

Just as no business can survive without the stakeholders contributing their quota, so it is that Nigeria cannot grow while the citizens are neglecting to contribute their own quota to the success of our beloved nation.

  • It is our responsibility to be interested in the goals of the incoming government. We must be interested in the details, not just sweet talks. We must desire to know if the goals are S.M.A.R.T or just fairy tales. For example: What is the goal for power generation and distribution?
  • It is our responsibility to be interested in the plan of the incoming government. For example: How is the present power problem going to be solved. How long will it take? What will be achieved in the last quarter of 2015?
  • It is our responsibility to listen and ask question on how the incoming government intend to achieve its set goals. We should be willing to hear the truth and nothing but the truth no matter how bitter it tastes!
  • It is our responsibility to give the government time to carry out the actions and then judge the result with the promises made. For example: The actual goal achieved should be judged against the promised goal. We should ask the government to account for the variance and judge the result as being acceptable or not acceptable.
  • It is our responsibility to hold every arm of government accountable! We should no longer allow leaders to make empty promises which cannot be measured. We should no longer allow leaders to lie to us without bearing the punishment for lying in public. We should stop celebrating liars, thieves and con-artists.

All these won’t happen overnight. So it is our responsibility to wait patiently as needed repairs and changes are implemented irrespective of how painful that may be. Shouting, criticizing, protesting and throwing tantrums based on sentiments have never done us any good. Employing the same methods that never worked in time past will only portray us as fools. If truly we desire change, let it start from you and I. Let’s change our attitude and stop expecting a magician to solve our problems. Long live Nigeria.

The Shark Tank Formula For Startup Success

Monday, November 24th, 2014

Have you ever wondered what it takes to launch a successful startup? ABC’s reality TV show, Shark Tank, demonstrates what it’s like for entrepreneurs to go through the process of pitching their business ideas to investors (otherwise known as sharks).

Over the course of five seasons, there have been 337 pitches and only 186 deals. Out of these deals, only one-third them actually closed! You’re probably wondering, why is this such a low rate?

The reality is, it’s tough to keep your startup afloat after launching. Since 2012, only one in 17 business ventures have actually experienced a profit. Unfortunately, not every entrepreneur has the opportunity to become the next Mark Zuckerberg.

Despite the challenges of launching a startup, there are a few things entrepreneurs can do to increase their chances of success. First, it’s absolutely necessary to know your product inside and out. Regardless of how cool you think your idea is, it won’t be valuable to investors unless it serves a real purpose for your target audience.

When preparing to launch, it’s also important to perfect your pitch. Entrepreneurs need to approach investors with a goal, a business plan, and also know their numbers very well. Investors only care about how profitable your business will be in the future. Make sure you understand your numbers and can identify the information about your business that will important to investors.

Finally, it’s important to build a strong network of investors. Remember, you want these people to take interest in your business and provide you with the funding you need. Spend time building relationships with investors and learn about what they’re looking for in potential startups.

These are just a few of the takeaways you should know from ABC’s Shark Tank. To learn more about launching a startup and what it takes to be a startup success, check out the infographic below:

Shark Tank Formula

Shark Tank Formula

Your feedback will be appreciated. Cheers.

Author Bio – Ivan Serrano is a business and social media journalist living in the Bay Area of California.