Managing one or more endeavors as a mom can be challenging enough if you’re doing it in your spare time, but things can become especially difficult when you start to strive towards optimal productivity and profitability. Between raising the kids and staying on top of a burgeoning business, it can be easy to feel as though you’re already putting forth your best effort. However, as with anything else in life, there are almost always improvements waiting to be made in the daily operation of a company. With that said, here are 10 steps you can take to become the best mompreneur you can be:

1. Earn a Relevant Degree

There are a number of degree programs that will equip you with the skills needed to perform optimally as a company leader and manager. Many of these programs can be competed online from the comfort of your own home, which would be the ideal approach for most self-sufficient moms. For example, you could earn a degree in operations management from an online learning institution like Kettering University.  [Read more…]

Now is the perfect time to start a business in the health and fitness industry. More than ever before people are taking an interest in healthy lifestyle habits to recover from or prevent the risk of disease and improve their quality of life. Whether you’re a personal trainer, yoga instructor, physical therapist, or weight loss coach, outside of providing quality products and services, your ability to properly manage your finances will greatly determine your business’s success. 

One of the first steps toward managing your finances properly is having a banking account. Bank accounts are ideal for keeping track of company finances, making transactions, and obtaining loans to further fund your establishment. As business banking is a bit different than personal, here are some tips to keep in mind.  [Read more…]

Ever watch home improvement shows where properties are purchased for dirt cheap, renovated, and then resold for more than the initial purchase price? That’s the process of flipping houses and with more spotlight being shown on this facet of real estate investing lots of individuals are getting into the business. 

Imagine turning hidden gems into dream opportunities for interested buyers while making a decent living for you and your family. Flipping houses is not as easy as it sounds though, so it’s important to have a plan. Below are a few ideas on what you’ll need to get started.  [Read more…]

If you’re like most people, you unconsciously believe that the 3% of the population in the U.S. who are millionaires have a magical ability to come up with the right business ideas, overcome all kinds of obstacles, and succeed at extraordinary levels. Yet, a life of wealth and success may be closer than you imagine. All you need to do is learn how to change your money story.

Set Clear Wealth Goals

Imagine that you’ve just won 10 million dollars in the lottery. What would you do with the money? Would you build a business, travel the world, and contribute to your favorite charity? Although this may all seem like a rather futile fantasy, this simple imaginary exercise will help you identify your wants, needs, and desires. [Read more…]