Calling all visionaries, entrepreneurs and inspiring entrepreneurs now is the time to pursue your dreams and walk in your true purpose. We have more down time than before so here’s the “sign” you’ve been waiting for!
There’s a lot of uncertainty when you’re starting a new business and over the years, I’ve attempted to do it all. I’ve tried catering, I made jewelry, and sled published a book the list goes on and on. I’m a single parent and to have to work full time!
I set weekly and monthly goals and every day I work towards them. Some days it’s a struggle to push myself because it can be discouraging and exhausting but if I don’t do it who will? You can’t wait around for someone to “discover” you the Bible says Faith without works is dead James 2 ( I’m paraphrasing) and the world says no pain not gain & no risk no reward! You get the point!
Some days I brainstorm ideas or research other successful businesses. In the past I didn’t have the resources to take any of my ideas to the next level. Although, catering and jewelry design are businesses that you can run out of your home, they can also be costly when your sales are inconsistent!
Here it is… my one useful business tip: FOCUS! I wished that someone would’ve told me to focus on one type of jewelry piece, such as; bracelets. You can make different variations of bracelets without ever making the same piece twice. I can not stress the importance of sticking to one type of jewelry in the beginning, it keeps the cost and the pressure down. Regardless, of what people tell you. They’ll have you spending money, designing and taking time from your family but they’re not buying. Now, there are always exceptions to the rule: if you have a special order, a wedding event for example, make sure you secure a deposit before purchasing additional supplies. Over time add necklaces, rings etc. Set a goal of how much money and time you can invest.
In the case of my failed attempt at catering, I’ve learned to start with something you specialize in such as sandwiches or desserts. Again, focus on your specialty and then build your menu. You can hold tasting parties, to gage what people prefer and that’s a good way to network and market your business.
Remember, Tracie from Pretty’ N Lashed? Tracie has started her business right from home, where she can still manage her household and has no overhead expenses. Her supplies will last for months at a time. She doesn’t have much to maintain and she’s profiting! Look at the video below to check out Tracie’s in home work station.
Until next time…