Making mistakes is part of being an entrepreneur. We make them, learn from them, and become stronger because of them. However, some mistakes are unnecessary. When we learn from the experiences of others, we get the lesson without paying the price. Take a look at some common mistakes that mompreneurs make and do what you can to avoid them:
Not having a clear business plan.
While most entrepreneurs have a business plan, many of them create it when they are starting out and then stick it in a drawer and forget about it. Your business plan needs to be a live document that you consult and update regularly. When you are working from a plan, you are more likely to make decisions that will contribute to the long term success of your business.
Not having a set work schedule.
When you are working from home, you may be tempted to be less structured in the hours that you work. While you may not want to work from 9 to 5, it is important that you have an established work day. When you don’t have set hours, customers will become frustrated if they can’t reach you. Also, you may not be as productive and you could find yourself working during times when you should be with your family. Lay out your work hours and don’t let anything interfere with them. When you are completely focused on work during your scheduled work time, you will find it easier to keep your laptop closed in your off hours.
Not making changes when necessary.
To be successful, an entrepreneur needs to be willing to change direction when the situation warrants it. This requires the ability to correctly determine what needs to be done, as well as the flexibility to make the needed changes. In today’s competitive market, business owners who bury their heads in the sand don’t last for long.
Trying to do it all by yourself.
Trying to go it alone is the classic move of a mompreneur. We put everyone else’s needs first and we regularly attempt the impossible without any help. There are no prizes for doing it alone. Asking for help doesn’t make you weak; it frees up your hands so that you can achieve more for yourself and your family. Most of us are surrounded by people who would love to help - all you have to do is ask.
When we start our businesses, most of us are hoping to be an overnight success, but the truth is that very few of us are that lucky. Almost every successful business owner has had a few stumbles along the way. Do your best to avoid mistakes and when you make them, take it as a learning opportunity and move on.