Do you wonder if you can be be one of those Mums who can work from home and run a successful business? Would you like to give up going into the office everyday? Can you become a Mumpreneur?

Here are a few points to help you with your decision.

  • Does your idea fulfil a real consumer need? Will consumers want to buy your product/service?
  • Who are your competitors? Do you have a genuine point of difference that will attract consumers?  Pop over to Kiddie Deals and browse through their ‘liked’ pages to get an idea of what other Mumpreneur’s are offering within the Kids retail market.
  • Will you be able to operate this business on your own to start with? Have you got the necessary skills required? If not, have any of your friends or family got the necessary skills and are they able to assist?
  • How much time can you commit to running the business each day?
  • Have you got the physical work space available to you at home, including storage of products if necessary?
  • How much money will you need to get started? Take into consideration business registration, branding, advertising and initial stock purchase.
  • How will you handle growth from a financial and resource perspective? Are there friends and family that can assist from a resource perspective as your business grows?  What are your financial options as you grow?
  • Create a simple spreadsheet that contains the steps required to launch, with an allocated budget and timeframe.  This will help keep you on track financially and time wise.  For example:

Step 1:  Business Registration                 Cost:  $200.00   Complete: 15/10/12

Step 2:  Branding (logo/website/Facebook page/business cards)  Cost: $2,000.00  Complete: 28/10/12

Be prepared for the ups and downs, all businesses go through it.  Keep focused and remember in the more stressful times why you started this business to begin with.  This will help you re-focus and not lose sight of your goals.

Kiddie Deals provides Mumpreneurs an opportunity to grow their retail Kids businesses by having access to the Kiddie Deals community and offering daily deals.  Kiddie Deals has hand-picked the best Kiddie boutiques that offer unique Kiddie products. LAUNCHING SOON www.facebook.com/kiddiedealsaustralia
  • this would be great, no 9 to 5 job o bless

    Reply

  • An interesting and informative read

    Reply

  • Great article, thanks for sharing

    Reply

  • Im a ‘mumpreneur! Love being able to work from home! :D

    Reply

  • Oh this would be good.

    Reply

  • Thanks for sharing these tips

    Reply

  • Thanks for the tips. I’d love to start my own business! There’d be nothing like being your own boss!

    Reply

  • would love to try something different but dont know what

    Reply

  • These are some great questions to ask yourself if you are thinking of becoming an mumpreneur!

    Reply

  • I wish! I just don’t know where I’d start or what i’d do as a mumpreneur!

    Reply

  • Every mummas dream! Some good info here.

    Reply

  • Have definitely considered, and hope to make my dream come true one day soon! Thanks for the great pointers

    Reply

  • I couldn’t think of anything to do


    • Think of something you’re interested in, do you have a hobby or something you enjoy doing in your spare time that you could earn some money from

    Reply

  • I’d live to be a Mumpreneur, but don’t have the funds to start out at the moment. Also, most if my ideas are already being done by many other Stay at home Mums!!

    Reply

  • what a fantastic article :)

    Reply

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