School is in Session – Your Business Plan:

As you know, my boys went back to school last week (yippee).  Over the weekend, I found myself reflecting a lot on my own experiences from last year’s start of school.  Almost a year has passed since I made a decision to grow my own business and really make it HAPPEN (this time).  As I began the LONG and arduous inventing process, I began to write this blog.

Little did I know that I would become so CRAZY PASSIONATE about writing for all of you moms, but I AM!  So, not only did the inventing side of my pursuits grow and expand over the last year, but the blog officially became a website and more (did you notice the updated home page?)

These pursuits have taken a lot of discipline, but are also full of great pride and rewards!  I only hope to inspire other moms to capture their spark and set them on a path to flame it.

That is why I am so excited to feature Nellie Akalp, CEO (and mom) from Corpnet.com, on the blog today, writing about when school kicks in and moms discover they have some time on their hands……and maybe just maybe, these moms are looking to start a biz.  I know that this would have made my top ten list a year ago, and I am thrilled to share it with you aspiring mompreneurs.

 

Your end of summer business plan by Nellie Akalp:

 

It’s that time of year again where we start trading beach towels for school supplies. While there’s still a little time left to squeeze in some summer fun, it’s time to start thinking fall. For many busy moms, September is a perfect time to focus on your own goals and turn those dreams into reality. And today, more women than ever are coming into their own as business owners.

 

Here’s why fall can be a perfect time to begin a business…

 

  • If you have school-aged children, this first point will be pretty obvious…with the kids back in school, you suddenly have more ‘free’ time than before. The house is quiet and you’ve got some uninterrupted time for yourself.
  • If your business is gift or craft oriented, you can get things set up now to take advantage of the holiday season. Make sure you’ll have inventory on hand to sell come November and December, and start looking out for various Holiday craft shows (bear in mind that you’ll need to sign up for many of these a month or two in advance).
  • If you have big plans for your business, fall is the perfect time to start putting a plan in motion to launch for the New Year. You’ve got three months to create your business plan, assemble whatever resources you need, and research your legal and tax obligations for starting a business. Download the free Starting a Business Checklist for some assistance in the legal arena.

 

I’m an entrepreneur and mother of four, and have worked with thousands of moms and aspiring business owners. If you’re considering starting your own business, here are my top three tips to help you navigate this exciting opportunity:

 

1. Don’t wait for perfection: To often women wait until every little detail is perfect. But guess what? Perfection is unattainable, so don’t wait, just go! So what if you’re wrong? So what if there are little glitches here and there? Just go with what you have, and build on what you learn. If you wait until your blog, product, website, etc. is perfect, you’ll never launch anything at all.

 

2. Don’t be afraid to fail: “The greatest barrier to success is the fear of failure.” (Sven-Goran Eriksson). An entrepreneur’s path is uncharted and sometimes a little bumpy. It’s easy to get stressed or downright panicked, but you cannot let the fear of failure prevent you from following your dreams. Whenever times get tough, I tell myself: “I am not done failing …I WILL fail again. I am NOT done succeeding …I WILL succeed again. And most importantly, I am NOT done trying!” 

 

3. Don’t overlook your legal requirements: It’s undeniably the least glamorous part of your business, but don’t overlook the legal aspects of your business. Many small business owners choose to form an LLC (Limited Liability Company) to protect their personal savings and property from any liability. It used to be expensive and time-consuming to file for an LLC, but this is no longer the case.

 

Most importantly, don’t forget to celebrate each success, no matter how small. As a new business owner, you’ve got an exiting journey ahead of you; don’t forget to enjoy the ride!

 

 

Nellie Akalp is a passionate entrepreneur, small business advocate and mother of four. As CEO of CorpNet.com, an online legal document filing service, Nellie helps small business owners form an LLC or incorporate a business in order to start and protect their new business ventures the right way. To learn more about Nellie, watch informative videos and see how she can help your business, please visit here.


{ 6 comments… add one }

  • Dr. G August 29, 2011, 11:12 AM

    Wow, Rachel! This is really useful advice. I am moving on through the process (I gave birth to the LLC about 2 months ago, it still cries a lot). Ms. Akalp’s Small Business Blog on her website looks great. As always, you connect your readers to such useful content!
    Dr. G recently posted..My Selfish Child Won’t Share!My Profile

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  • Rachel Blaufeld August 29, 2011, 11:22 AM

    Thanks Doc G! Nellie Akalp is a terrific resource for anything LLC and beyond. I am so excited to be featuring a whole series by Nellie in the next few weeks on LLC/DBA related topics! Thanks for the compliment! Rachel

    Reply
  • Haralee August 29, 2011, 10:18 PM

    Great tips and Happy Anniversary to your business!
    Perfection never happens in life so of course it is the same for business. If you fall off your bike is it failure if you get back on and ride off? What we learn as children and teach children holds many truths in business success.
    Haralee recently posted..WelcomeMy Profile

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    • Rachel Blaufeld September 1, 2011, 7:47 AM

      Thanks Haralee!
      Yes – we all have to learn to fall off the bike and get up and ride again…hardest lesson there is! RB

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  • Emily August 30, 2011, 6:43 AM

    I am blessed that with the right supplements and scheduling, the computer Vision Syndrome that has been hindering my biz is getting under control.
    Emily recently posted..WIG Episode 6: Why You Need Financial IndependenceMy Profile

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  • Rachel Blaufeld September 1, 2011, 7:47 AM

    Way to Go Emily! Keep it Up – Rachel

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