April 11, 2007

The Parenting Business: What Parenting has Taught You About Starting and Running a New Business

Tip! So that the child will be interested, you can look for blocks, books, flashcards or puzzles with bright colors. Some toys can even talk to children. These kind of toys are a big help to the children

Sure, you can bring home the bacon and fry it up in a pan, but who is going to unload the dishwasher and find a clean one? The ideal that was “working Mom, the woman who can have it all” has been exposed for what it is and left most of us with “there’s got to be another way”. But can you ditch the 9 to 5 for the freedom of working from home AND do the Mommy thing? You know there are ways to make money from home, but what can you really do? Are you qualified or just kidding yourself?

Tip! be sure that you are buying a toy that really is for a toddler. Sometimes we may over-estimate them and treat them like bigger children.

Just what have you learned throughout formula and diapers that you wouldn’t have learned while getting your MBA? You mean somewhere between the training pants and training wheels I acquired the skills to become a “captain of industry”? Can you please explain just what exactly I could proudly display on my resume besides, “lives on no sleep” or “tells an awesome bedtime story” that would help me to get ahead?

Tip! It is way too easy for someone to get hurt in a mess of toddlers

Would it surprise you to know that some of the key elements to starting a new business are the same things you do every day?

When you start a new business, you need:

Courage

The complete disregard for potential disaster is what got you this far in parenting! Think about it; if anyone really thought about what could have gone wrong just to this point, they would have talked themselves out of it. Common sense and logic have the unique ability to steer us through possible dangers, and if we let them, talk us out of magical opportunities. If you were really afraid of showing up with egg on your face at some point, you never would have had kids. Now that’s the pioneering spirit which will help “talk you into” starting a new business. Did you think you’d be a perfect parent? Were you nervous? A little scared, but totally excited? Did you have a passionate desire to start a family? The same passion can be used to create a successful business; and you’ve got it.

Tip! Find a quiet moment, just you no TV, Radio, wild running children, friends, spouses or co-workers. Read over these verses and take in a bit of God’s peace.

Stamina

Anyone who can survive through nursing a child during a childhood disease or a bad cold or colic, has the energy to be a CEO. I remember staying up 4 nights in a row when my daughter had the chicken pox thinking, “I should get a promotion for this.” How many all-nighters have you pulled since you first came home from the hospital with your child? How many times has it just been sheer determination that kept you awake in the car on the way home from work? And then you get dinner on the table! Starting a business will require that kind of tireless determination, especially in the beginning. Sometimes you’ve got to hunker down and just get the task done, that’s the difference between you (a success) and the other guy (who will close up shop). Just the will to get it done automatically starts you on the path to success; and you’ve shown that you’ve been able to do one thing, sometimes the most important thing in business - hang in there.

Tip! The gnarly roots of offense spread quickly in hearts where true forgiveness is not applied and worked in liberally.

Focus

Sure, you might not know at any given moment what’s in your checking account, where your car keys are, where you dropped off the dry-cleaning or what that guy who keeps talking to you at work name is but when it comes to your child, you’ve got laser-like focus. You know what they’re doing, where there are, what they’re feeling and why 24 hours a day. You’ve read every article, every book, taken them to the right classes, heck, there for a while you even stopped talking like an adult and every syllable was a mimic of their babble! No one could ever say you haven’t been completely focused since the day they were born. You changed priorities, schedules, habits and your lifestyle. Remember when you first started changing diapers? You were such a bumbling novice, right? Now you’re like a diaper-changing machine. You did one thing, you did it well and you repeated it. A business will flourish and prosper with that kind of focus.

Tip! remember that the toy you are about to give should be creative and interesting. Remember that it should fit the age of the child. Just don’t forget to wrap the gift, and don’t give it bare to the toddler!

Balance

As the founder and owner of a new business, on any given day you will start a new advertising campaign, streamline the accounting system, make several cold calls for new business and then go to a networking meeting in order to grow your list of contacts. That’s all? Hey, as parents, that might actually be a nice relaxing day! In this juggling performance entitled “having it all”, you know the priorities and you’re multi-tasking from the moment you wake up! You can pack a nutritious lunch while changing schedules while folding laundry while planning dinner. Balancing multiple tasks comes naturally to women (especially mothers), which makes the balance required to prioritize and meet multiple goals simultaneously a breeze. Why not use some of that creativity toward a business?

Tip! choose something that will help the child build abilities or skills that aid them, when they grow up, in their academics.

Patience

There are some days when your child wakes up wild. We don’t know why, if it’s too much sugar or the full moon or a “stage”, all we know is that occasionally, some days you’ve just got to wait and hope they knock it off soon. There are some days when you start your new business that you’ll spend a lot of time waiting. You’re waiting for responses to that new direct mail piece, waiting for the phone to ring, waiting for the check in the mail. This is where many new businesses quit and go home; they don’t have the patience. They expected instant results and now they’re going to throw the baby out with the bathwater. Parenting has taught you though, waiting it out doesn’t mean in you’re in the wrong place, you’re just open and ready for the right opportunity.

Tip! Even as infants it did not take long before curiosity and varying rates of development saw violations of personal space.

So be confident! There are some wonderful opportunities out there for you, and if you think you can start a new business, you most certainly have the “right stuff” to get it done.

Cheryl Hall (http://www.MillionaireKids101.com) has the keys for parents to help their children become financially successful. She has created 3 courses to help children learn how to think about money and start on the road to wealth and independence; Millionaire Kids 101, 201 and Millionaire Masters. Cheryl is a successful real estate investor and has been helping new investors start on their way to financial freedom.

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