Teach financial tips to toddlers

Of course if you are teaching financial tips to toddlers you are teaching their parents. What is this all about?

This is the latest BIP that I want to share with you for a potential part time business opportunity. If this doesn’t sound like your idea of fun, them please check out the other BIPs posted! There really is something for everyone; whether teaching your skills to others, running errands, or other experience you would like to do for others or teach others…it can be turned into an income opportunity!

Business Idea Prompt (BIP) Toddler financial tips

Details – So what is this idea of teaching toddlers financial tips? Well it’s actually teaching caregivers first then providing them the resources to teach the toddlers as they mature. So, where did this come from? I realize there are other programs out there teaching savings tips for families, etc. but after talking to a few new parents and realizing financial issues/tips/savings, etc. are all hot topics for any age I have put together an Idea Prompt.

This Prompt is to teach anyone who has a new child in their life; parents, grandparents, aunts, uncles, friends, etc. The focus is for parents/caregivers that do not have a fund already established through employment, IRA type funds, etc. This is simple way to show anyone how they can provide a savings fun for the child in their life. The basis is helping caregivers see how significant savings is and how a little bit can really go a long way. It’s structured to be helpful for any budget, especially those that don’t think they can spare any extra money for a savings or believe a little really doesn’t add up. It does! And caregivers need to be encouraged and shown there are options for every income!

See the significance the amounts below add up to! (data you can teach your clients)

  • .50 cents a day saved for 365 days (1 year) = $182.50 per year, if you choose to do this for say 18 years and give the child in your life this amount on their birthday, they’d receive $3,285! This may not seem like a lot to some, but imagine getting this money handed to you at 18 or any age, it’s a nice chunk to continue adding money to or put towards a car or education…house, or other high priced item!
  • $5 a week = $260 per year, in 18 years that amount is $4,680!
  • $25 per month is $300 per year, in 18 years that is $5,400!
  • $15 a week =$780 per year, in 18 years that amount is $14,040!!
  • $100 per month = $1200 per year, in 18 years that amount is $21,600!!
  • ( I could go on and on with scenarios!)

Again, some of the total amounts may seem insignificant, but can make a huge difference, especially to a young person just starting out.

Some community colleges average credit cost per year total $4,500, so a two year degree would be around $9,000…for just $15 dollars saved a week, a child could receive a degree and have a little left over for books, living expenses, auto expenses, etc. Or even the smallest amount mentioned above could provide almost a full year of tuition at some community colleges, through in a possible scholarship and again, this is a gift of education with no loans to pay back.

There are some tiny homes that cost less than $20,000 to build…Can you imagine giving someone the gift of a home when they 18?! The freedom either of these scenarios would provide is actually priceless in my opinion!

If the amounts are easily achieved then imagine a few dollars more each week or month, adding even half of any birthday or holiday money given to the savings, teaching the child about the possibilities the savings can provide them when they turn a certain age, and encourage them to add to that amount, encourage family and friends to add to the fund as they are comfortably able to do. Easily the amounts above could double or even triple.

Experience/Skill Needed – I think a passion for helping others, especially new caregivers, is essential. Simple math skills required, knowing some local bank interests amounts would be helpful to share with clients, basic computer skills and form development skills so you can provide check lists, savings breakdown forms, etc. to clients attending the courses. Customer service skills are important to communicate with clients. This can be offered to individuals with an emphasis on their own personal budget, or in a larger group setting with general guidelines and budget information.

Marketing – Advertise with flyers and print up some reasonably priced business cards. Handing them out to pretty much anyone you know. You can create a web site, share your services via social media and even advertise via a sign on your vehicle and/or yard signs. Your web page should include price range, contact information and customer reviews (as you get them). Even free sites and a unique business email are great resources to help your business grow professionally. Reach out to local day care centers and other organizations to see if you can provide classes to caregivers or leave flyers and/or business cards. You can charge a fee per guest or provide a free class and sell an ebook or handout with more details on savings, worksheets and other products. Online video tutorials can also be an added marketing tool or downloadable forms for a small fee.

Research – The only research that may be needed is to find an average price for services and to see how many competitors are out there. Some financial research would be very helpful, the more you know, the more you can teach! Taking an online course through your local library (many offer financial courses, small business courses, and more) will help your credibility and experience.

Obviously, this is a basic outline/start to a potentially very in demand type of business!

If you aren’t interested in this topic, please read over it and brainstorm your own skills and interests. Ask yourself would someone pay money for this skill? Then turn that thought into action!

Thank you for reading and please share any tips or questions you have!

As with any business please check local and state guidelines to see what licenses, name registering, and other requirements may be needed before starting your business.

 

Connecting to grow

Connection is important for personal and professional growth. From connecting with those closest to you to complete strangers. Connecting is a way to learn. Recently, life has been so busy I have lost some amazing connections. My day job is rewarding, but has been more demanding and I miss the connections I have made through my blog, through professional services and even spending less time with personal friends!

It’s difficult to balance everything at times isn’t it? As difficult as it may be, it’s necessary. Everyone has their own process for balancing or a renewal ritual. Maybe it’s coffee with a friend, a weekend getaway, reading a new or favorite book, binge watching, or a number of other options. I need my friend time, but I also need my creative time; my personal learning time. What is that?

I need to learn to thrive and I encourage others to learn as well, whether it’s learning a new hobby or something more advanced like learning a new web design program. I’ve mentioned in other posts examples of self-learning (tutorial post here) for personal enrichment or even extra income opportunities

Recently, I’ve focused on providing free business support. This not only helps me learn by connecting with others and hearing about their dreams and goals, but also allows me to help others achieve them. Which is something I truly enjoy!

I have been providing free resume edits, sample interview questions, providing business ideas and answering general questions as often as I can. This has not only helped recharge me, but reminded me how important connections are to learning!

I know others offer free general advice as well on various topics. You just have to ask!

  • Inquire to local business owners about how they got started or specific questions about the type of business they own
  • Reach out to local or online groups discussing topics of interest to you whether business or personal interests. Ask questions, share your knowledge, make some connections
  • Research online tutorials and books on the subjects that interests you. Learn something new or enhance a skill you already know. My local library offers online learning resources for free, I’m sure other cities and states have similar programs!
  • Offer possible bartering to exchange your knowledge with others. For example a jewelry maker may teach you some beginning skills in exchange for writing some of their web content or sharing other knowledge
  • If you can’t find a group of like minded and interested learners then create one! Most libraries are open to hosting such groups or coffee shops are a great meeting place too
  • Mostly importantly keep learning, find balance and recharge yourself often!

Do you have knowledge you want to exchange with someone else? Do you have other ideas? Please share them!!

Do you have questions I can help answer? Please ask them!

Thanks for reading!

 

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Making this year different; encouragement and more

Sometimes the best way for me to focus on goals, no matter what time of year, is to recap what I’ve already accomplished. I’m doing just that with this post. My goal is to encourage others during career changes, starting a side business, full time business, or simply in day to day life…sharing my experience and ‘two cents’ with others to encourage and inspire.

As I mentioned, I’m not the ideal resolution maker, but the New Year is a great excuse to reflect on the past months and focus on goals for the upcoming months. I appreciate the feedback I have received this past year so very much! THANK YOU for reading and following my blog. Thank you for contacting me, sharing your support and tips; I appreciate you all! You are all certainly helping me focus and I hope I can return that inspiration! Here’s to a New Year, new energy, great health, organized focus and goal success.

If you are interested in starting your own business or side job please read through my posts for ideas, marketing tips, and more! I’ve recapped my BIPs (Business Idea Prompts) below. I will be adding more very soon! What is a BIP? Visit my intro page here

The first BIP – Love canning (as in food canning)? Want to make it a side job/extra income opportunity? You can! Click on the BIP link to see how!

Teach your talent – Most likely someone else wants to learn about a skill or talent you have; knitting, painting, paper making, welding art, gardening, gift basket arrangement, dancing, writing, foreign language, computer program training, poetry writing, jewelry making, etc. there is a countless number of talents needing to be shared in the world! So, why not teach yours?

Love finding a bargain and reselling it? Purchase and sell bargain items as a ‘yard/garage sale professional’. Items to sell can be found by attending auctions, sales, and consignment or thrift stores then reselling the items for a profit, but instead of just a one-time summer event, it can be done every weekend or a few times a month.

Enjoy events, having fun, and have a talent for entertaining? There is a growing demand for entertainment at children’s parties, family gatherings, and other events. Party planning can be costly and time consuming to start up, but focusing on entertaining alone, can be a very profitable business and fun.

Have a talent for organizing, love to run errands, or are you detailed oriented? Side jobs and full or part time businesses rely on finding customers willing to pay for their service(s). A major need, any time of year, is finding time for errands, chores, and other time demanding tasks while still balancing a regular life routine.

If you don’t find any of those BIPs an option and you are open to learning a new skill or enhancing an existing hobby/skill check out tutorial ideas and suggested learning here

Thank you again for reading and let me know if you have any questions, tips or ideas to share!

Have a great week!!!!

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Learning, bonding, self-enrichment

Learning something new or enhancing a current skill is priceless to the person learning and can cost little to nothing. Learning alone or with others builds stronger bonds and can even provide skills that can help you earn extra income.

While thinking of gifts for family I started putting together a list of date night ideas. As fun as cooking together, binge watching a favorite TV series, coffee shop hopping, day trip or movie night can be I think learning as a couple is a great bonding opportunity. So I decided to share a list of PIPs (Personal Idea Prompt)! I think this is for individuals, couples (great ideas for date nights), friends, groups, etc. Each suggestion could be a fun group night activity (for almost any age).

Today’s post is a little different than my typical BIP post (click here to read about BIP – Business Idea Prompt). PIPs focus on self-enrichment; bonding through learning and being creative. Again, a PIP can be done alone or as a couple or in a group. And as a bonus, a PIP can enhance an existing skill and become a possible income opportunity! Win-win; learn something new and interesting and find a new side job or full time self employment opportunity!

Technology makes it simple to learn a variety of skills at your own pace. A quick web search for step by step tutorials  on almost any subject produces dozens, even hundreds or thousands of results. Even if you do not have a computer or internet access at your home, you can visit some local coffee shops, libraries, friends, etc. for access or use the library to check out resource guides (or purchase instruction books at local new or used shops). This post mainly focuses on access to online videos/tutorials, but the suggestions could be read about in detailed instructional books.

Whether you try the list below with your partner, friend, sister, brother, parent or simply make time for yourself, your bond (or self-bond) will be deeper and you’ll have fun!  These suggestions are flexible and adaptive to a variety of situations; date nights, friend nights, self-enrichment or just an excuse to take a break for a few hours or an entire weekend!

The suggestions are highlighted by a topic and then some ideas for that topic, in no particular order. When searching the web, don’t get overwhelmed with all the results, look for a video tutorial  from popular posters and skim through to ensure the steps make sense to you, easy to access, read, etc.

Read through the ideas, pick one or three or ten, make a supply list (if needed), and enjoy your learning experience. These ideas can easily become a weekly or monthly (or ambitious daily) learning ritual. And of course, these are only a few topics, the possibilities really are endless.

  • Language – Learn a few key phrases in a day or weekend  or fluently speaking the other language(s) over a period of time. Learn a few words and how to write them in another language for creating mini works of word art, handwriting cards, etc. for family or for a part time creative business.
  • Craft/Hobby – Wood working, pyrography, calligraphy, knitting, painting, jewelry making card or paper making, magic tricks, card tricks, origami, paper quilling, crocheting, needle work, quilting, and so much more!
  • Cooking – Pastry baking, international recipe making, sushi rolling, candy making, crock pot basics and advanced recipes, chocolate tempering or advanced dessert making, and so much more!
  • Design – Web page, architectural projects, interior or exterior home design, fashion, furniture arrangement, painting and decorating, social media sites, blogs, site setup for art selling (Etsy, etc.), landscape, and yes, so much more!
  • Nutrition/Health – Yoga, tai chi, healthy eating habits, essential oil therapy, therapeutic massage (human and/or animal), meditation, exercise routines for specific fitness level, karate (martial art is a long list), herbs and health benefits, just to name a few ideas
  • Pampering – hair care, pedicure, manicure, facial, scrubs, foot soaks, bath salts, massage oils, face and body masks, makeup application, hair styles (braiding, buns etc.)
  • Writing – Poetry, hand writing, positive words, word art, art of writing, fictional and non fiction writing, etc.
  • Games – How to play….cards, poker, video game tips/tutorials, master monopoly scrabble crossword, solitaire, and more
  • Educational subjects – Philosophy, history, ethics, English, social behavior, science, math, biology, etc.
  • Masquerade/fantasy – Mask making, costume design, party theme planning, decoration making, part food, costume hair and makeup (face painting), accessory making (wands, crowns, gloves, etc.)
  • Mechanics/handyman(woman) – How to…change a tire, oil, brakes or headlight, etc. How to…repaint or wallpaper a room, install a new shower and/or tile flooring, light fixtures, basic plumping needs, new faucet, etc.,
  • Photography – Camera tips, programs, challenges/ideas, different topics (nature, people, pets, etc.)
  • Drink/Mixology – How to…make alcohol and non-alcohol beverages, fun drinks, punches, basic and advanced drinks, blended, etc. Smoothies, shakes, on ice, frozen, hot, etc.
  • Tea and Coffee – Learn the history of, steeping, recipes for mixing flavors/blends, how to serve and with suggested foods/desserts, etc. Loose tea options, grind your own coffee beans, and more!
  • Out and about – Gather info on local new restaurants, wineries, bed and breakfast, dance lessons, cooking classes, day trips, art classes, breweries, local tours, bakeries, etc. And plan a day trip/afternoon outing, etc. Spend a day planning together (or alone!) and then pick a date to explore.

There so may options I could keep typing until my fingers cramp. I hope this list inspires you to learn a new fun skill whether it’s to connect with others, find time for yourself or learn more for a possible income opportunity.

What have you always wanted to learn? I hope you make the time to learn it alone or with loved ones or friends or search out new like minded learners!

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Do you need a mini business plan?

I add the word ‘mini’ before business plan because I think a personal or mini business plan is important for anyone wanting to work for themselves, start a part time or ‘side gig’ business, expand a current small business venture, etc. Typically, if you want funding for a larger start up you must submit a business plan, so I have downsized the larger multiple page document to fit into a personal sort of mission statement for anyone wanting to (or simply thinking about) starting a small business, earn some extra money with the creative professional talents you have or explore the BIPs I’ve previously published on this same blog!

Benefits of a Mini Business plan: A mini business plan can help you even if you are not asking for funding to build your business. It’s a good opportunity to fully grasp what your idea for a business will look like, confirm it’s what you want, and help you take the steps to achieve it. Most small businesses start without large expenses, but if you are requesting funding, this will help you with the basics and prepare for the professional business plan you may need to present to lenders, funding sources, etc.

Grab a notebook or create an electronic document and keep all of this information in one place, along with notes, advertising ideas, goals, etc. Your notebook/electronic file is a good place to keep all receipts related to your business including mileage (if applicable) and other forms, and general information. This will be a ‘living’ document/notebook; ideas will expand, etc. and you need to capture those thoughts on ‘paper’.

Below is a basic mini plan outline. I will provide a mini plan example in a future post as an additional resource.  If you have any questions please contact me!

Executive Summary – This is the first basic section of any type of business plan. Once you have an idea swirling around your head, you’ll want to write your executive summary. Even if you don’t complete the next sections, this is typically the most important for anyone at the start of planning a business. This section will allow you to explore what you want to do, how to do it, and if it’s really what you want. It is your opportunity to shine and describe your focus well. Typically, it’s about a half page (up to a full page). The main reason for this section is to explain your idea; what is it, who will need/want it, what makes it unique or in demand. Include the company name and a one sentence mission statement if you have one A mission statement is typically a brief definition of your business/idea.

Company overview – This is for company goals and to find out which business type you want; sole proprietorship, Limited Liability Corp (LLC), etc. these will be defined in an upcoming post labeled Types of businesses. Since you may not be ready to define your business type, don’t dwell on this section, just make a note that you may need to define it at some point in the future. Include an overview of marketing ideas and and business goals. Include a brief statement on expenses, and what costs are required up front to get started. Explain how you could expand the business; a brief statement about future growth. Include any experience you have with this idea and any experience with business in general including achievements and goals met (if any). Remember, this is all for your eyes only right now, to encourage you to turn that thought of a side business into possible reality!

Market Research outcome – Overview of the industry in general and research results of  competitors, give details of customers interested in your services (demographics, etc.), highlight the market strengths and weaknesses in general (nation and world wide) and focus on the same for local competitors. Include any statistics you can find on this particular market/idea/business.

Product/Service Description – Focus on what your service is and how it will benefit the client. You can start including projected net revenue information and details about vendors you will purchase supplies from. You can add graphs and diagrams here if feel it will better help explain this section. Touch base on competition and why you are different or plan to excel even with competition out there. I find reading reviews of customers about similar businesses can help you see what is working and what is not.

Highlight ideas to expand products or services; give more details than before and how often you can provide this service to each client (can you do repeat business?). This is an opportunity to show your unique twist on an existing market (do you have a unique skill, unique target audience or additional service to combine with it, etc.?).

Marketing Plan – This section is to give details of the operation; purchasing supplies, marketing to clients, list of services or products provided, ideas for following up with clients, and specific details of word of mouth and repeat customer options. Explain how you will find customers; details of how to reach out to them, advertising options, and costs. Include promotion ideas and pricing, email or flyer campaign ideas, etc.  Include the days and hours you plan to operate. Again, some of this may not apply right now, don’t dwell on the details, until you find it necessary as your business idea grows!

Organizational chart – If you plan on having employees you will want to detail why, who and what they will bring to the company; their skills, etc. Explain why a certain person is experienced and skilled to be in a certain position. If you can provide the service or product by yourself describe why and how.

Financial Section – This section will give you an idea of what the start up will cost with possible profit. Write out a complete list and cost of materials, hours it will take to complete each job, number of people and pay for each ’employee’ (or yourself), recurring expenses, up front equipment expenses and maintenance, etc. Once you have this, you will have a base price for your services to just break even, so it will help you determine what to charge. For professional plans you will need to outline your budget in details listing assets, cash flow chart, expenses, current profit, expected profit, etc.

This may seem overwhelming, but allow it to be a focus catalyst. This is a large step toward taking your idea seriously! This makes it real, not just a dream floating around. The executive summary provides you with concrete details and confirmation it’s the right business for you. Some people will decide to change their focus once they write it out and see the time restraints or spend time researching competition and end up finding another focus they feel more comfortable with. Others will be even more determined and inspired by seeing it on paper, knowing it’s what they want to do.

What’s your idea or business plan? Let me know!

Are you struggling to come up with an idea, but want to start a business? Visit the Business Idea Prompts (BIPs) listed throughout this blog. The prompts provide detailed business ideas with specifics on how to turn a hobby into a part time or full time business! Marketing and additional information to get started and grow are included!

Thank you for reading and again, please contact me if you have any questions!

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Holiday helper – Business Idea Prompt (BIP)

Today’s BIP is encouraged by the holiday season, but could work for various events and/or other holidays. Keeping with the ‘BIP’ theme – it requires little start-up costs, is flexible, can be full or part time, and does not require extensive skills or experience to succeed. As usual with typical BIPs, most skills needed can be easily learned through practice or may already be known by most.

Please see the Business Idea page for detailed information about my Business Idea Prompt (BIP) posts! Also, if this not your area of interest please explore the other BIP posts including ‘garage sale’ professional, house call canning and teaching your talent!

I hope you enjoy this BIP and you are inspired to explore your own possibilities!

Business Idea Prompt (BIP) – Holiday “Extra Income” Ideas (that can be all year)

Details – I overheard a small group of women (various ages) talking the other day about trying to fit in all of their holiday ‘to-do list items’. One mentioned wrapping presents was not her favorite thing to do, another mentioned holiday lights and even putting up a Christmas tree. Other unfavorable ‘chores’ mentioned included shopping, baking, yard maintenance, and laundry in general. The group stated that of course their other responsibilities did not stop during the holiday; carpooling, housework, day jobs, etc. This reminded me of a few friends who have taken on ‘side jobs’ during holiday season and even other times of the year to help alleviate stress for customers (like the group of women talking about their long list of to dos).

Side jobs and full or part time businesses rely on finding customers willing to pay for their service(s). A major need, especially this time of year, is finding time for errands, chores, and other time demanding tasks while still balancing a regular life routine.

I encourage you to think of how you can help neighbors, friends, family, even strangers with some of their ‘to do list items’. I am going to focus on a few items which are based on conversations I have overheard recently and seem to be in demand!

Gift wrapping, holiday shopping, errands and baking are my top four suggestions. Each of these are typically ‘added’ tasks the average person needs to somehow fit into their schedule during certain times of the year. And they are willing to pay to have someone else do them.

Gift wrapping – You can offer to drive to their chosen location (work or home, etc.) or have them drop off the gifts to you and wrap them. Using nice wrapping paper, bows, labels, etc. Someone had told me they paid to have all their gifts wrapped one year and it was well worth the money. That person had moved and was not able to provide that service again or she would still be paying her. The ‘wrapper’ would come to her house, bring the wrapping paper, tape, scissors, etc. and wrap every single present for a start out rate of $20 per hour with a 2 hour minimum and mileage if more than 20 miles. Of course rates could be per package or bundle.

Errands and Holiday shopping – These two are similar and pretty self explanatory. People will pay for someone to run errands, pick up gifts, dry cleaning, decorations, deliver pre-made foods or even wine. Rates depend on travel time, distance, number of stops, but an average of $25 an hour plus cost of any items being picked up/purchased is a good starting place.

Baking – of course there is some skill needed if you plan on baking cakes or other desserts or even main courses and delivering them. And certain local laws prohibit using a personal kitchen so check out your local city/county/state laws before offering these services. Note, you can use a local baker or chain bakery that is already established and simply place the order, work out the details, and deliver the finished baked good. Price is comparable to running errands if you are driving around.

Experience/Skill Needed – Different experience levels are needed for each of the above ideas. Most require a dependable car, customer service skills, basic and/or advance wrapping skills and possible baking skills. Generally, when working with people and providing services for such important events as family gatherings and holidays being flexible and a very good communicator are essential skills as well. For wrapping you would need wrapping paper, scissors, tape, bows, labels, etc. Offer something unique, like putting candy canes on each package or a small ornament or other unique ‘bonus’ you can offer. If you know calligraphy or have very nice handwriting you can hand write package labels, holiday cards, address envelopes, etc.

Marketing – Advertise with flyers and print up some reasonably priced business cards. Handing them out to pretty much anyone you know. You can create a web site, share your services via social media and even advertise via a sign on your vehicle and/or yard signs. Your web page should include price range, contact information and customer reviews (as you get them). Even free sites and a unique business email are great resources to help your business grow professionally.

Additional advertising ideas include – Posting signs in your own yard (and ask friends if you can post in their yards) and in the surrounding neighborhood(s) with your service offered, phone number and web site. For a reasonable price you can place sale ads in local papers or online and encourage all customers to contact you for future events and share your info with their friends (offer a discount or incentive) and offer wrapping services and/or errand running for other parties; ladies night out, baby showers, weddings, family reunions, etc. Leave business cards and flyers at libraries, post offices and on other community boards. Include your website on the cards and flyers and place a magnet decal on your vehicle with contact information. Wear shirts and/or hats with website or other helpful advertising information. Be open to taking requests from customers; year long errands, chores, etc.

Research – The only research that may be needed is to find an average price for services and to see how many competitors are out there. Read reviews of other wrapping and errand services to see what is working and what is not and focus on creating a customer friendly business.

Even if this is not your type of business, it sure sounds fun and in demand as well. If you aren’t interested in this topic, please read over it and brainstorm your own skills and interests. Ask yourself would someone pay money for this skill? Then turn that thought into action!

I know this was a long post, but thank you for reading and please share any tips or questions you have!

As with any business please check local and state guidelines to see what licenses, name registering, and other requirements may be needed before starting your business.

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Entrepreneurship -for individuals

Hello! I hope you have been enjoying the BIP posts. I have more prompts to come, but I wanted to share my experience and opinions about entrepreneurship for individuals; it’s not just tech start-ups or needing investors to get started. I truly believe in dreaming big and encouraging everyone to do the same. I believe in starting with the skills, experience and resources you already have and growing from there! A friend and I have a saying, “I may not feel 100% or have it figured out 100%, but I’m certainly not 0%!” I encourage everyone to start…simply start. Make time to dream and plan….period.

First, let’s define entrepreneurship. Wikipedia defines it as “has traditionally been defined as the process of designing, launching and running a new business, which typically begins as a small business, such as a start-up company, offering a product, process or service for sale or hire.” So even if you are offering computer repair, house cleaning, landscaping, child care, writing services, web design, handmade items at local farmer’s markets, car maintenance, or any of a number of other services or products you are an entrepreneur!

I believe anyone focused on sharing their skills and talents, full-time, part-time, or whenever they have time, is an entrepreneur! This title begins with thought. Whether you are thinking of starting your own full or part time business, expanding an existing business, interested in side gigs, or advancing from your current position at a particular organization or company you have an entrepreneur spirit it starts with a single thought.

So, what is the basic process to turn thought into action? Once you have focus and define what you want to do (some were born knowing, others like me, have several interests and need to narrow it down or some find it difficult to even know where to begin) you start to take action. I recently wrote about focusing on your interests; defining possible side gig opportunities that fit your interests. You can read that here.

Something that always works for me is to write down my focus. Once I see it in writing it helps me work through the steps needed to accomplish it or adjust the idea, etc.  I sometimes get ahead of myself and writing it out keeps me focused and grounded. It helps me realize whatever venture I’m exploring has huge potential, but I need to start with step 1, not 100! For example if I want to expand my photography hobby and offer small event and senior photos as a side gig on the weekends there are obvious first steps that need completed before I go rent a huge studio space, contact a publisher for a coffee table book deal, or buy thousands of dollars worth of equipment. I need a plan first…I need a focus…I need clients!

I made my list and actually had a very successful part time photography business for about a year until I found a more time demanding job and decided to stop. I photographed families, high school students, corporate golf events, pet photos, a local small band, and even a few shoots for dating profile photos. I decided on photography, because of my love for taking nature photographs. When I started brainstorming about side gigs I decided to focus on what I had to help me define my focus. I already had a nice digital camera, I enjoyed photography, I love being around people, etc. Next step was my action list, which I’ve shared a general recap below:

  • Create a web page (I used the free service through Shutterfly to display samples of my photography and create online galleries for clients)
  • Come up with a business email (another free action item, I used gmail)
  • Advertise and find business/clients; business cards, flyers, I reached out to companies for corporate events, word of mouth, browsed ‘want ads’ online, posted cards and flyers at laundry mats, libraries, community boards, online, etc.
  • Set fees and define what is included (I researched the average hourly rate and cut it almost in half because I was not a professional full time photographer and I wanted to use this opportunity to enhance my photography skills as well as provide an affordable alternative.)
  • Research tips for family and senior photos and offer those on my site and when discussing details with clients (I read a lot about family and corporate photography to enhance my knowledge and help clients decide not only on settings and poses, but also on package options, professional photography terms {to ensure clients I was at least semi-professional}. I also practiced shots with lighting, angles etc. to gain skills and experience.)
  • Set up a payment method. I accepted checks, cash and PayPal payments
  • File system and organize jobs. I had a ledger with names, packages, dates, costs, and notes to help me track everything. I also kept electronic files for tax purposes, keeping record of payments received and mileage with other items I needed for taxes
  • Offer incentives. I offered all clients incentives for repeat business or referring friends, either a discount on their next purchase/photo shoot or a gift card if they didn’t have any other photography needs (a $5 to $10 Starbucks or other gift card)

That was my general list and action items. It was low investment, I didn’t get rich, but I made extra money and had a blast doing it! And I kept an open mind about expanding. For example the pet photography came about due to a request. I had never even thought of pet photography. That is something I’d enjoy starting up again! I even kept making time for photography trees, skylines, etc. and made photo cards as gifts out of those and through word of mouth I was able to sell some for a small profit!

Are you an entrepreneur? Do you have an entrepreneur spirit? Do you have tips to share or questions? Please comment below or email me at successencourager@gmail.com

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