Stamping Is My Business!

Newsletter

April, 2003

     
Testimonials

I absolutely loved your book! - FS

The  practical advice in the book has really helped me jumpstart my stamping business! - SL 

I didn't think so before, but after reading Stamping Is My Business, I really believe I can make stamping my career! - WM

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Dear Friend, 

April is here and Spring isn't far behind.  It's a time for renewal, and it may be the perfect time to re-dedicate yourself to making your stamping business a success!  

However, running a home-based business can be pretty tough..  My Coaching clients face lots of hurdles on the road to success, many of which are covered in my E-book, "Stamping Is My Business!"  Some people have it rougher than others, though, which brings us to this month's topic:

Top 10 Tips for Moms with Home-based Businesses

Women who run businesses from their homes and who are also parents face particular challenges in juggling work and family. Work/family balance issues are experienced on a moment to moment basis, often rather intensely - the dishes need to get done, your children need your loving attention and so too does your business need nurturing. How do you do it all? How do you have a successful business, a healthy and fulfilling home/family life AND stay sane?  Here are a few tips:

1. Know your priorities and be realistic about them.
It's difficult to be everything to everyone. Know your priorities and stay clear about them. This will help you to say no to the less important things.

2. Know what motivates you and be clear on your goals.
It's easy to get sidetracked, especially when the line between home and work is so fine (i.e. when you're staring at a dirty kitchen and have 50 calls to make). Understanding what motivates you will help you stay on track for those times when you get de-railed, discouraged or overwhelmed.

3. Maintain a separate space for your work.
It's easy to get overwhelmed if your home life crowds into your work area. It's important to have a separate space that allows you to concentrate and focus. Make the space perfect so you're both efficient and comfortable.

4. Maintain boundaries with your time.
Even if you have young children at home (doubling the difficulty of your working from home!), it's important to maintain boundaries. Work within your family structure, then create hours that can be 100% focused on your business - uninterrupted. Communicate your schedule to others, and set limits as necessary.

5. Organize yourself as completely as possible.
The challenges of working from home are quadrupled if you've not set up a structure that supports you. For many of us, structure was provided by our employers - it's now up to us to create our own structures. Experiment until you create the perfect structure that brings out your best.

6. Create a network that supports you.
Invest in your business by hiring people who can support you, both ongoing and/or on a temporary, as needed basis.
A Coach or consultant can be invaluable.  Create a support structure that's bigger than you need now, so your growth is unquestionable and effortless.

7. Know exactly what it is you need to accomplish.
Know what your work priorities are for the day, and have both a big picture view of what it is you're creating, while also knowing exactly what it is you need to accomplish on a daily or weekly basis. Keep your eye on both.

8. Connect with others who are juggling the same demands as you.
Find a network of people who are similarly and successfully juggling the demands of home, family and business - such as a Coaching group. It helps to know you're not alone.  Be role models for each other and share tips that work. Support from someone who has "been there, done that" is invaluable.

9. Take time for yourself and for your partner.
All the success in the world is meaningless if you lose touch with what's most important. Yes, your children and your business require the largest chunks of your time and energy, but it's also important to nourish the relationships that sustain us. You'll be quickly drained if you don't do this. Take time for yourself and don't neglect your relationship.

10. Schedule time off for yourself.
As harried as you might be, it's important to take time off. Take time off from your role of parent, business owner, entrepreneur and spouse/household manager. See a movie, go to the beach, do pottery, take tai chi or do weight training. Develop yourself in ways that are unrelated to your roles in life. You'll be more powerful and effective as a result of taking this time for yourself.

 

Tax Reminder

Don't forget...Tuesday, April 15th is Tax Day.  If you haven't already done so, make sure you file your taxes.  If you have to file an extension, you can download a copy of IRS Form 4868 at www.irs.gov/pub/irs-pdf/f4868.pdfRemember, this is simply an extension to file your taxes.  It does not extend the time you have to pay your taxes.  If you do not pay the amount due by April 15th, you will owe interest, and may incur a Late Payment Penalty.

If you were running your stamping business out of your home in 2002, you may have some legitimate tax deductions.  We cover what you can and cannot deduct in Chapter Nineteen of "Stamping Is My Business!"  To order a copy, click here.

If you feel like you may have some deductions, consider consulting an accountant.  At the very least, a tax preparation program, such as Turbo Tax, could be a big help.

 

Book Recommendation of the Month

Rich Dad, Poor Dad: What the Rich Teach Their Kids About Money--That the Poor and Middle Class Do Not!

cover

by Robert T. Kiyosaki

I recommend this book to all of my Coaching clients.  Kiyosaki offers a unique perspective on money and its influence on us  The book illustrates the various ways people think about money, and how each viewpoint affects our economic decisions, and ultimately, our success.  If you've ever decided not to do something because you were afraid of how it would impact you financially, this book is a must-read.

Click here for more information or to order a copy through Amazon.com.

 

Send Me Your Questions and Suggestions

If there's a particular question you'd like to have answered, or a topic you'd like to see covered in a future edition of this newsletter, please send me an e-mail.  Also, if you have any feedback or suggestions, I'd love to hear them.

 

If I can help you in any way, please don't hesitate to give me a call at 718-852-0790 or send me an e-mail.  As always, feel free to pass this on to anyone you believe would benefit from it.

Warmest regards,

 

John Sanpietro

 

john@stampingismybusiness.com                Stamping Is My Business! Homepage

 

 

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