Mompreneurs: 9 Great Business Ideas For Stay at Home Mom Entrepreneurs
Juggling a full-time corporate job at the office can definitely get in the way of family time, that's why so many moms are choosing to become mom entrepreneurs from home. With the ability to manage your time and the benefit of earning extra income, it's a great way to shake off your 'mommy brain' and reengage your business owners' mindset. We call this the rise of Mompreneurs. Stay-at-home moms are creating a new economy of small businesses that combine moms' tech-savvy, and technical skills to build a home business that generates a lot of money.
So here are 9 great business ideas for mom entrepreneurs to get you started. You can choose to leverage a home-based business idea to generate extra income alongside a full-time job or combine these online business ideas to create a business model that, in aggregate, creates a profitable business.
Consulting Business
You don't need to start from scratch. Your side hustle as a mom entrepreneur can just be an extension of the career you've spent years building. Start your own business as a consultant in your area of expertise and choose your clients and workload. Both big and small companies hire outside help from strategy to tactical assistance, so there's definitely something out there for you, the hardest part is just getting started.
Be sure to define your area of expertise really well and identify the industries you enjoy working with. From there find out if there's anyone in your network who needs a hand for a couple of hours a week. Do a good job and you'll get word-of-mouth referrals, but don't forget to work on your own networking and personal branding as well.
As a consultant, you get loads of freedom. Choose your clients, when to work and where to work from. Chances are you'll never have to step into an office again unless it's for a quick meeting and even then, you'll likely get it all sorted through zoom.
Build A Knowledge-Based Community
Whatever you're knowledgeable about, people will pay good money to learn from you as long as you make it exciting and informative. It may be that before you had kids, you had a career, now is the time to share that expertise you gained over the years.
Whether it's teaching music, art, math, or science, there is so much potential to look at your expertise and turn it into a business into digital products that tutor adults and/or kids. You could even package your knowledge as an 'expert mom' and help other young parents with child-rearing advice. Or if you're curious about learning a new skill this could be that extra push to get you to dedicate a few hours of reading and research each day and become a master of a new domain.
Best of all is that in a post-pandemic world, you can perfectly teach from home while managing a schedule that works for you and your family. Plus, once you start to build up a loyal following of students, those relationships can be long-lasting. As long as you keep them happy, they'll stay invested in your service. Unlike an online store with one-off products, you can build a real community with subscriptions.
Make money as an event planner
The best side hustles in life are when you love what you do and just want an opportunity to do them more often. It may be that you already have at least one or two kids, but organizing their birthday parties each year just doesn't give you the adrenalin kick that you need week after week. So if you're looking for ways to make money as a small business, why not consider organizing special events and small get-togethers for other stay-at-home parents?!
This could be a scalable small business because you can grow from organizing one event to two to five through word of mouth. Being a parent means you already have a network of parents to tap into. Start small by offering fellow parent friends the opportunity to organize an intimate get-together. From there, start growing your offering into themed sleepovers, big birthday parties, dinner parties, baby showers, and more. Scale across your kid's year and beyond into other parent groups. Do an amazing job with some incredible birthday party themes and you'll get repeat business year after year.
You have the potential to make this side hustle as ambitious as possible. From offering general event planning support, all the way through to complete control of where you theme it, running all the logistics and handling invites and thank you cards. It's in the small details that you can charge more for your services, with time-consuming elements for working moms leading to higher margins and profits for you.
Perfect your food and drink offerings
There are numerous ways to make money with food, usually with the flexibility to work the hours that work for you. From making and selling homemade food to restaurants or directly to customers to creating gift baskets to running online cooking classes, there are opportunities to not only fit the perfect food-based side hustles into your life but to also build a craft business empire slowly while creating business opportunities for your future adult kids.
Remember food side hustles don't have to mean a 6-course meal. You can focus on selling beautiful cupcakes for small parties, host wine and cheese tastings, or send out weekly recipes to your mailing list.
Grow your following as a 'Momfluencer'
Some of the most progressive parents out there are now realizing that some of the best side hustles to make money online are found on social media. Whatever your chosen niche, you could be running your own youtube channel, or podcast or be an Instagram influencer all from the comfort of your home.
Whether you want to exclusively talk about fashion, investing, or parenting make sure you do your research and find out exactly where you can make your own personal brand stand out.
There's serious money to be made online if you're looking for how to make money as a mompreneur. Look at who your possible audience is going to be, what will make them click, and build out a strategy to keep them engaged.
Become a day trader
If you like to be plugged into the stock market, then day trading can be a really lucrative career for you. Sure, it requires lots of research, analysis, and a string of luck, but a good deal can make a huge impact in your pocket. Websites like E-toro can streamline the process so that you can start trading within a few minutes of being approved.
It's important to remember that trading comes with lots of risks, so bare that in mind before you dive in head first. Gambling with other people's money and your own is dangerous and unethical, so make sure you're actually committed to observing the stock marketing and coming up with a good financial strategy.
Another advantage of being a day trader is you can do it from literally anywhere. All you need is a good computer and fast wi-fi, so whether you wanna raise the kids at home or have a digital nomad family, you absolutely can.
Photo credit: https://techdaily.ca
Moms make great photographers
Some of the very best ways to make money for mompreneurs are when lifestyle meets necessity and realism. Believe it or not, you're building out a highly connected network every day (i.e customer base) through all the other moms you're meeting at each stage of your kids life.
If you have a flair for life behind the lens, you could be photographing objects and selling stock images from home. Want to expand your business to portrait photography? You can.
Capture intimate family moments by photographing friends and their families. Think deeper and you could be snapping these same kids once a quarter and gathering repeat bookings four times a year, giving you loads and loads of lovely repeat revenue. Include wedding photography, food photography, pet photography and maybe you'll even have enough revenue to set up a studio at home.
Freelance writing and blogging when working at home
The beauty of picking up freelance writing and copywriting work is the complete flexibility in being able to work the hours that suit you in a 24-hour day. From starting early in the morning to grabbing a few hours in the day and finishing off an article in the evening, as long as you get your latest masterpiece in by the deadline then you have all the flexibility to suit your own busy schedule.
Websites such as freelancer and Upwork are great ways to pick up freelance work, however, you can also think bigger by packaging up your services so as to work with a few main clients. This way you'll gain repeat bookings through being a trusted provider and develop a narrative and theme with this brand over time.
Set up a daycare at home
Quite probably the most obvious side hustle for stay-at-home moms is to create a childcare business where you get to look after smaller children throughout the day or older children before and after school.
There'll definitely be some regulations you'll need to get sorted out first, but it could be that you're making enough money to save you from having to ever think about going back to the office or a full-time job again.
Yes, you'll have to have a strong will to turn your house into your own mini version of daycare, but if you love kids and seeing them develop then helping children on their own journey could be highly rewarding, both spiritually and financially!
Side hustles for 'mompreneurs' are a great opportunity for a better work/life balance
Whatever side hustle you do choose, you're in for an enjoyable ride where you get to fit an exciting new business around family life. As a mom entrepreneur working from home, you can work flexible hours, build your business as and when it suits you, and spend time with your own children so you get to see them grow up. What's not to like?
If you're looking for ways to make money as a stay-at-home mom, a flexible side hustle, or side jobs that work for you, then we hope you've been inspired by our list.
We can't wait to see what business you're going to create!
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