Three Things Every Mom Should Know When Starting Her Business

So many mistakes, so many things I wish I knew.  If I could do it all over again I would but I cannot. Even in the information age where everything can be found on Google it's still possible to screw up and do it royally.  I remember when I started my business I purchased so many subscriptions; I was paying for this and that and not making any money.  I tried a little bit of everything, I remember paying for a fax number every month for about 6 months when I rarely sent faxes much less received them.  I had to learn quickly that it wasn't about how much you spent but how much I kept. This week I'm sharing with you my top three lessons I had to learn when I started my business. 

#1 Cash is king - I just said it, it's about how much money you can keep.  Cut back on all of the UN -necessary services that you know you don't need. 

#2 Build relationships and partnerships - It's all about who you know.  People do business with individuals they trust and are familiar with.  

#3 Keep good records - Come up with a record keeping system and use it! You never know when you may have to locate something from 3-4 years ago.  Services such as Google Drive and Dropbox are great for this.  

As moms it's natural for us to be overly prepared. In business I think it's a little different you have to really weigh the pros and cons of details especially when it comes to money.  Overspending can hurt and cripple your business. If you haven't already create a business plan and use it as your guide, have your financial planner or someone with experience review it.  Implementing these small details can save you time and wasted dollars.  Take it from someone who has wasted hundreds.  

October Feature: Honey Shea Sulich

She made me cry! Such a powerful and empowering story.   She is the owner and operator of Honey Shea Studios.  What I loved the most about my interview with Honey was her openness to share her story and journey as an entrepreneur. I'm so excited to share my interview with you. She is an amazing woman, and mompernuer.  It's my pleasure to introduce you to Octobers' mompernuer Honey Shea Sulich.

·         Name:  Honey Shea Sulich

·         Name of Company: Honey Shea Studios

·         Years in Business: 2yrs

·        WHY: Tell us why you started your business/blog – etc: There came a point in my life where my skills and talents weren’t being used to there fullest potential. I knew I had a lot to offer so I started putting them to good use for myself. By the encouragement of my husband, who was deployed in Kuwait, asked me what do you like to do?  My answer was I enjoy being creative.

Listen To The Audio Interview

The Easy Questions: 

·         When you were a kid what did you want to be when you grew up?  A teacher

·         What was your first business idea? Social Media Manager

·         What do you wish you knew before starting your business? Being my own personal accountant

·         What did you learn from your worse boss? How not to treat your employees. Everyone should be treated equally

·         What’s your highest level of education? I left high school after the 10^th grade.  I have tried at least 5 attempts to obtain my GED. Scored higher every time but never met the passing score. It was so heartbreaking. My ex husband for years told me I was dumb and I would never amount to anything. When I couldn’t pass my GED I started to believe he was right. But friends, as much as I felt defeated I have never given up on achieving it.  I have recently learned I’m dyslexic, which explains why school was so hard, and why reading comprehension is the toughest for me.

·         Who inspires you and why? I have so many wonderful people around me that inspire me everyday. The storms they weather. The mountains they climb. With my heavenly Father carring me through every trial and test.

·         Top 3 books to read this summer? Chatter Box, Girl Boss and Perfect over perfection. ( all audible books ) >> what a brilliant invention for someone like me

·         What are you currently reading? Wild and Free

Let’s Talk About Business:

·         How do you maximize social media? Instagram is my jam right now. But I use them all. Currently working on a google ad. But I use all forms of social media available.

·         What did you learn from your biggest failure? Payment first before starting a custom project.

·         How important is it for you to do your best? Very important

·         How do you feel about failures?  They used to get the best of me but not anymore. What does it mean to fail? I’m not perfect we all make mistakes but you have to take a step back and try to learn form those mistakes and failures.

·         Any money saving tips? I have currently managed to do this business on cash with NO loans.

How do you do it?

·         Where do you find inspiration? God

·         As a (single mompreneur / mompreneur) how do you balance?  Prayer, Meditation and devotions.

·         How is it being a (single mompreneur / mompreneur) running a business, working, or going to school? You have to create structure and balance

·         What advice would you give other (single mompreneurs / mompreneurs)? Pursue your dreams!

·         With the kids and other things happening in your life, where and when do you find the time to work on your craft/business/ study? 

Tell us how to find you: 

·         FB >> Honey Shea Studios

·         IG >> @honeysheastudios

·         Website: honeysheastudios.com

·         Email: honey@honeysheastudios.com

       Hastags you live by: #communityovercompetition

  

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