Home Based Business for Woman Entrepreneurs

Home Based Business for Woman EntrepreneursHaving grown up in a family with three generations of business owners, and having had several home based businesses myself (the apple didn’t fall far from the tree), I have a bit of experience with a home based business for woman entrepreneurs.

I love being an entrepreneur.

Sure it’s challenging. Sure it can be really hard sometimes. But having a business you run from home also brings many rewards. It’s totally worth all the hard work.

Here are the insights I’ve gained both the easy way, as well as the ever-popular School of Hard Knocks. May this help guide you to achieve your entrepreneurial goals.

Let’s start with two major pitfalls.

 

Two Pitfalls

One of the most difficult things with a home based business for women is you can do what you want.  So yes, you can schedule your business around your kids’ schedules. But if you want to not work and take the day off and go hiking (or sit around all day eating bon-bons), you can do that too.

If you’re not naturally self-directed, you need to make it a top priority to get some accountability. Get that accountability from those close to you: your husband, best friend, mentor… anyone. Just get an accountability system set up.

 

The other pitfall is, don’t do your business alone. I see women do this a lot. It’s a big mistake.

Even though you have a home based business, you need business connections. Iron sharpens iron. Rub elbows with other entrepreneurs. My first recommendation for getting involved with other business owners is  through networking groups. I recommend finding a local group either with Chicks Connect or MeetUp.com.

Join at least one networking group. More, if that suits you.

 

Three Recommendations for a Home Based Business for Woman Entrepreneurs

book yourself solid illustratedThe first recommendation is, no matter what you choose for a home based business for woman entrepreneurs, get some marketing skills under your belt.

There are mountains of resources out there for marketing a home based business. And I have a lot of them, too.

But if I had to narrow those resources down to just one thing – one resource that serves as a foundation for all else, it’s Book Yourself Solid by Michael Port

The cover sums it up nicely: “The fastest, easiest, and most reliable system for getting more clients than you can handle even if you hate marketing and selling.” It’s prefect for a home based business for woman entrepreneurs.

Absolutely perfect.

Book Yourself Solid was a big reason why I got involved with this second recommendation: because I realized I needed more detailed marketing help.

 

The second recommendation is, if you’re uncertain what to do for a work at home business, seriously consider affiliate marketing.

That’s when you get a check for telling others about a product – that you didn’t have to create or design or do on your own. Someone else does the work, all you do is share information about it.

My top pick for referral marketing is Elite Marketing Pro. They provide information to help online marketers, so by you referring others to their eBooks, etc., you’re helping others.Attraction Marketing Formula

To me, that’s key: helping others.

Want a freebie sample of Elite Marketing Pro’s information? They have a very insightful 10-Day Bootcamp. It’s great. Check it out!

Affiliate marketing is a great supplement to anything you’re already doing. A good, solid affiliate marketing program like Elite Marketing Pro can serve as a supplement, or  you can turn it into a larger income source.

Your pick.

 

My third recommendation for a home based business for woman entrepreneurs is with network marketing.

Why network marketing?

  1. Someone did the work for you already
  2. You automatically get involved with a group of people at your network marketing group
  3. Because your group typically meets once every week or so, you’re rubbing elbows with other active business owners. You gain all sorts of insight, support, and ideas. You’re in business for yourself, but you’re not by yourself.
  4. The company handles all the tax-related paperwork. That’s huge!
  5. Promotional materials are done for you, all for a low price
  6. Join a good network marketing company, and you benefit from their good name and reputation.

It’s easy peasy.

Now, I’m going to be straight up with you. Some women are reluctant joining network marketing because they fear coming off as pushy. Perhaps they’ve heard things, or maybe they’ve been the victim of a pushy network marketer. (I have.)

It is possible having a network marketing business and not be pushy.

Coming off as helpful and encouraging isn’t all that difficult, either. You just need to know a few skills. Here’s a helpful infographic.

Avoid Coming off as a Pushy Network Marketer

There are a number of good network marketing companies out there, so it’s important finding a company that resonates with you. It’s also important to set yourself up for success by finding not only a good company, but a good leader within that company.

This post provides three critical questions to ask before joining any network marketing company. I strongly recommend you read it, preferably prior to joinging any network marketing company. And if you’d like my recommendation for my personal top pick for network marketing companies, let me know.

 

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Was there anything that jumped out at you in today’s post? Please comment below in the comment section.

 

Have a great day,
Ruthanne

Reach Ruthanne

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6 Comments

  • Nicole

    Reply Reply July 5, 2016

    Fantastic post! I love the infographic. This was very helpful advice as I work from home. I particularly agree with the part about needing accountability. So true!
    Nicole recently posted…8 Rules From Kurt Vonnegut That Will Make You a Better Writer (Infographic)My Profile

    • Ruthanne

      Reply Reply July 5, 2016

      Glad you found the infographic helpful. Thanks.

  • Jeanine

    Reply Reply July 5, 2016

    This was great advice, Ruthanne! I have a couple of network marketing businesses that I suppose could support my main gig, but I haven’t bothered to look into it. I really just purchase enough to stay active & put all my energy into my mission. But I like the idea, for a woman with any biz, of staying connected to others for support & accountability. Thanks for the tips on buffers.

    • Ruthanne

      Reply Reply July 5, 2016

      You’re most welcome – the buffers have really helped me out.

  • I love your infographic! I saved it to my Online Business Tips board in Pinterest.

    Thanks for the very helpful advice. Any time one can avoid learning from the school of hard knocks, it’s a good thing.

    I haven’t heard of the Chicks Connect group. I’m going to go check it out right now.
    Leslie Keffler recently posted…How to Find the Right VAMy Profile

    • Ruthanne

      Reply Reply July 5, 2016

      Thanks so much Leslie. Chicks Connect is a really neat networking mastermind. It’s quite different from any other group I’ve ever been a part of. Each week you get an email from the founder, and the email has something related to either business or personal growth, which you can choose to do or not do, depending on your interest and available time.

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