Education For Success

Regardless of your goals, education is likely to help you achieve them. Business is a prime example of how this works. Running a business is hard work, and it takes a lot of time, effort and money. Knowing your stuff from the beginning is important however ongoing self-improvement and further education is what will help you and your business thrive.

In terms of what it takes to build a business that is strong and secure and has every chance of growing into a highly prosperous and profitable brand, it’s important to understand that you require the right skills and education in order to be able to successfully grow a business.  Take me for example. I am a freelance copywriter with over twelve years under my belt. Initially, all I needed asides from copywriting skill etc obviously was a basic idea of bookkeeping and accounts, WordPress know-how, some social media skills and time. This was enough to start my business and make a profit. To keep it afloat for another twelve years and grow to what it is today it was important for me to continually self-improve and to look at further education as a business tool as much as anything else.

Education for Effective Business

The fact is that running a business is an extremely complex task as there are various areas that you need to consider, from the day-to-day running of your business as a whole to aspects such as finance and marketing that need to be well thought out. These are often areas that many new business owners lack knowledge in, which is where education can come in so handy. Whether you choose to take night classes or study online for your MBA at Aston, it doesn’t matter. What matters is that you choose to get the education that you need to build, run and grow a successful business.

It isn’t just important to understand industry-specific information and to know how to use it to benefit your business. You need to understand about business too. Educating yourself on everything from marketing to effective SEO to building and maintaining a website and more will help you to achieve your goals. There are other ways of educating yourself too, less classical education and more life skills and more.

Self Development Boosts Confidence as Well as Skills

If you are going to be able to build your business into a sustainable brand, you need to have confidence in yourself as a business owner and brand leader, as well as in your business. Confidence in business isn’t just important for your own self-esteem as a business owner, it’s also essential in terms of how it alters the impression you make when speaking to customers and potential business partners and stakeholdersIf you come across as being a confident business owner and individual, this impression will have a positive impact on how you come across to other people, particularly customers and potential business partners, in addition to competitors. In business, confidence is key.

There can be a self-care aspect to taking courses while running a business too. I, for example, completed a mindfulness diploma earlier this year. The benefits that it has offered me personally have filtered over into my professional life.

Gaining Valuable Experience

When it comes to running a successful business, it’s important to understand that a lot of that relates to the experience that you’ve had. Life experiences is important and so is industry experience. Education takes many forms and not all learning comes with a certificate or scroll. If you want to know more about a certain part of your business or something else, try shadowing and talk to those in the know to see what opportunities might be open for you.

In Summary

When it comes to launching or growing a business the list of what you need to know seems staggering. As you and your business evolve you will need to keep educating yourself and adapting to change as and when it comes along. Remember that education that benefits you as an individual will benefit your business, be it via increased confidence or transferable skills.

So, a question for you. If you could take any course or learn anything right now, what would it be>

Make money from your hobbies: 5 tips to get you started!

Today’s fantastic guest-post is from Helen Lindop who blogs at BusinessPlusBaby and is the writer of the Earn What You Deserve as Mumpreneur e-course*. Her Facebook page is here and do look her up on Twitter. The formal bit aside, Helen has been a fantastic support and great listener whilst I have been rehashing and writing my plan for world domination so I can recommend her a sound person to follow! Right, less of the slushy stuff and onto a great post!

Nicki x


 

Make money from your hobbies: five tips to get you started

Many mums are looking for ways to earn a flexible income around their families. Some just want a bit of extra cash every month and others are working on building a full-on business.  So if you fancy earning an income from your hobby, here are five top tips to get you started.

  1. Will your hobby still be fun if you’re doing it as a job?

It sounds great to get paid for doing something you enjoy doing. But if you turned your hobby into a job, would it still be fun? And would you end up losing your hobby?

Let’s say you enjoy making jewellery. If you do it as a hobby, you can take as long as you like experimenting with different materials and designs. Once it becomes a business, you’ll have to be much more disciplined about getting items made in a certain time. Would that turn a fun activity into a chore?

  1. Check you can actually make money from your hobby

To give you a really rough, back-of-an-envelope idea of whether it’s worth turning your hobby into a business, try this. Add up the cost of your raw materials and your time (if you’re stuck for an hourly rate, the national minimum wage is £5.93 so you probably don’t want to go below this) and then double it to account for your admin and marketing time and any other costs you might have forgotten about (tax, national insurance, flyers, business cards…) Then divide that by the number of items you can make in that time.

That should give you an idea of whether you can sell what you’ve made at a price people are prepared to pay and still make some money from it.

  1. Check out your competition

If you enjoy your hobby, the chances are that lots of other people will do too. So there could be plenty of competition plus people doing it for fun may be selling their stuff at a much lower price than you.

Don’t despair, though. You could tweak your hobby so instead of (say) selling jewellery, you teach people to make it.Or set up a website selling jewellery made by other mums. Getting creative about how you make a profit from your hobby could really pay off.

  1. Think about how you’re going to sell

Making your products is only one part of making money. You also need to think about how you’re going to reach your customers. The good news is there are lots of low-cost options from craft fairs to setting up your own website and even hosting parties.

  1. Don’t forget to register as self-employed

If you’re earning an income or planning to, you need to register as self-employed or you could risk a fine. It’s quick and easy to do it online here


*Please note that I am an affiliate for the EWYD e-course and the link above is my affiliate link. See my disclosure page for more details.

 

All original content on these pages is fingerprinted and certified by Digiprove