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5 Small Businesses You Can Start for Under $20,000 – Custom Self Care
Home Productivity 5 Small Businesses You Can Start for Under $20,000

5 Small Businesses You Can Start for Under $20,000

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5 Small Businesses You Can Start for Under $20,000

How women in business can achieve work-life balance

1. Optimize tasks for maximum productivity

“Maintain open communication with your employer and colleagues, ensuring realistic expectations for both your professional and personal life. I’ve set strict working hours from 8 a.m. to 4 p.m., and I’ve honed my workflow, optimizing tasks for maximum productivity. This means prioritizing crucial assignments and delegating when necessary, allowing me to make the most of my workday. My family and close friends have also played an invaluable role offering help, whether it’s sharing child-care responsibilities or providing emotional support.”

—Lera Gelbart, Gleexa

2. Prioritize health and self-care

“While homeschooling two toddlers, I co-founded and ran a web design business, which now offers marketing services in six different languages. In the early days, work-life balance wasn’t even on the agenda. We went to bed at 2 a.m., woke up several times in the night to change diapers or comfort an upset baby, and got up early, taking turns working and playing with the boys. Despite the exhaustion at the time, both homeschooling and setting up a business are decisions I’m proud of.

“One thing that kept us going was our health, and I would encourage any businesswoman who is raising kids not to neglect looking after herself. If you’ve had a tough client meeting, take five minutes for yourself before you walk through the door. Eat a plant-centric diet and avoid sugar, as this will keep your energy up.

“As they say at the start of an airplane flight, ‘Secure your own mask before helping others.’ Give yourself some self-nurture and you will be more present for both your children and your work life.”

—Allison Carmichael, Indigoextra Ltd

3. Reject the Wonder Woman myth

“As a mother of two boys, wife to a busy banker, and a dedicated career girl, the word ‘balance’ has never been relevant in my life. Juggling a job, parenting, and partnering is hard. Trying to separate work from home, make room for date night, be present for our kids, get some ‘me’ time, and still have a successful career is an impossible goal.

“The idea that we can somehow magically juggle it all is simply rubbish. My top tip: stop believing the Wonder Woman myth. She isn’t real, and even if she was, she only had the ‘save humanity’ career to focus on, no husband or kids to juggle as well. Pfft. Easy. So here’s what I suggest instead:

  1. DO multi-task—the more you can do at once, the better.
  2. DON’T feel guilty about not doing it all—it’s a myth, anyway.
  3. DO exercise—it manages stress.
  4. DO teach your kids to be self-sufficient early—you’re not their servant.
  5. DON’T believe your friends—they’re not Wonder Woman either.”

—Rebecca Houghton, BoldHR

4. Incorporate family into work life

“It fills me with guilt to recall this image from a late night working in my home office. I kept telling my toddler daughter I’d be done soon. I’d read her a book and tuck her into bed. But before that could happen, she fell asleep sitting up against the desk leg.

“She’s 18 now, and the business is 26. I realized early on: there really is no such thing as balance. No matter how great your support network is, you will always have at least a little mom guilt.

“Women disproportionately carry the burden of parenting, and when they own a business, that business is also their baby. The way I survived was to fold my kids into my work. I didn’t really separate the two. When they were little, I kept them close by, and when they were older, I put them to work in videos, photo shoots, or handing out fliers at a trade show. When guilt strikes, as a mother, you must remind yourself that one of the very best things you can do for your kids is to have them witness your self-drive.”

—Emily Dills, Seattle Nanny Network, Inc.

5. Design your work-life on your own terms

“After burning out three times on my way up the corporate ladder, I got serious about figuring out how to thrive in work, life, and parenthood. Here’s what I learned:

1. Work-life balance is a joke. When we let go of trying to attain an unrealistic 50/50 split, we can take ownership and get creative to craft balance on our own terms. This revelation was the wake-up call I needed to let go of other people’s expectations and to develop and live with my own.

2. Work-life design is a serious solution. A designer’s mindset can help us craft an intentional strategy to manage work, parenthood, and life with agility. My husband and I started using the same human-centered design principles I used at work to design our work/lives. We got serious about what was most important for us, built systems based on our family and work needs, and piloted tools to see what worked best for us.

“The result has been transformational. We have calmed the chaos and found more joy than we thought possible.”

—Marissa Green, Reimagine Ambition podcast;Conspiracy of Love

6. Value a supportive company culture

“As a first-time mom, a company culture that truly embraces parents has been critical for me. This means having colleagues who respect the blocks on your calendar during day-care pickups and drop-offs, leaders who fully support flexibility for working from home, and employee resource groups (ERGs) dedicated to other working parents. Find out what you need to be 100% at your best personally and professionally, and don’t settle for less.”

—Dasle Hong, DailyPay

7. Set specific goals and a time frame for meeting those goals

Setting time frames as a woman balancing motherhood and business
Photo by Anne Nygård on Unsplash

“When I started experiencing challenges, I reached out to other moms. The advice they gave me was that I could do it all, but not all at once, which is what I had been used to doing. I went back to the drawing board and decided on a few goals to accomplish first. Next, I worked backward to create an equation based on the input I needed to give in order to get the output I wanted. And then I attached a time frame to those goals.

“For example, I wanted three new clients for my business. My equation included hours for prospecting, research, client discovery meetings, and paperwork. I decided that I would dedicate 10 hours a week to this and I would time myself accordingly. Once I did that, I could be confident I was giving everything I could to my goals, and then spent the rest of the time with my family. Having this balance lets me be the career woman I want to be without feeling like I’m not doing enough.”

—Dominique Johnson-Lindsay, Be Digital

8. Adopt a life-first business approach

“Rather than aiming for the classic work-life balance, I take a life-first approach to my business. Everythingfrom my offers to marketing, sales systems, and opsfits around my life (and family) first. This means no calls, deadlines, or processes that aren’t able to fit and flexibly adapt when life inevitably happens.”

—Michelle Pontvert, Michelle Pontvert.com

9. Be fully present at both work and home

“Initially, while I was building my business, work pulled at me when I was at home and being away from my children pulled on me while working. Then, I realized the key to balancing work and family life was to be fully present with each. I could excel at both if I was present, so I started a mindfulness practice.

“Prior to leaving work, I faithfully do a mind dump of everything left undone, marking off time in my schedule to take care of it. This way, I know nothing will fall through the cracks. Then, when I am in my mothering role, I give wholeheartedly, without mental distractions or unnecessary stress. (I also let my clients and colleagues know that my family time is sacred and that I am unavailable on weekends and evenings past 5:30 p.m.)

“Putting healthy and consistent boundaries in place is crucial. When our values are honored in both, we give with a peaceful heart to our families and careers.”

—Jennifer Williams, Heartmanity

10. Seek work-life harmony, not balance

“Rather than aiming for a perfect balance, I seek work-life harmony. Some days may require more focus on work, while other days demand extra attention to my family’s needs. By embracing flexibility and being present in the moment, I can navigate my responsibilities, which include community work, with greater ease.

“Do recognize that you don’t need to do it all alone and proactively seek support when needed. Asking for help is not a sign of weakness; it’s a testament to our strength and commitment to our family. Actively pursuing our professional journey can help inspire our children to live their best lives and demonstrate the limitless possibilities available to them in the future.”

Heidi Hauver

11. Set small, daily career goals

“Personally, I always needed to hang on to the small wins in my career to get me through early motherhood. I would set for myself daily, achievable goals, like emailing between periods of sleep or keeping my brain switched on by reading a journal or blog article at night to keep up with industry trends. This constant low-level connection with my career gave me the small dopamine hits of achievement that got me through sleep deprivation and kept me on track with my career aspirations.”

—Katharine Gallagher, katharinegallagher.com

12. Have a clear vision of what truly matters to you

“Balancing parenthood and a career, especially as a woman in business, is a complex yet achievable endeavor. I am a mother of four, and my approach has been to prioritize being a mom while maintaining my professional growth. Here’s how I’ve struck that balance and a crucial tip for others in a similar situation: begin with the end in mind.

“One of my guiding principles in achieving work-life balance is inspired by Stephen R. Covey’s The 7 Habits of Highly Effective People. It all starts with having a clear vision of what truly matters to you in the long run. In my case, it’s being the best mother I can be. I’ve taken the approach of imagining my life’s legacy, and when I envision my tombstone, it reads ‘mother first.’ This perspective provides clarity and helps me make decisions aligned with my ultimate goal. As a mom, first and foremost, my children are my top priority, and this means being there for their important moments. I also choose family-friendly employers.”

Melissa Pennington

13. Create a life and career that brings true fulfillment

“A few weeks after I turned 38, I quit my full-time corporate America job. I was earning over six figures and had been promoted several times at my agency. But deep down, I felt unfulfilled and exhausted as a full-time working mom. I was constantly juggling my responsibilities as an agency director by day and switching to being a mom with three boys by night. There was no balance in my life. So, I went part-time freelancing and could be more present for my family.

“My advice is that being a working mom and advancing in your career doesn’t have to fit into one specific mold. Whether it’s working part-time, learning a new skill, or taking a break from the corporate world altogether, holding the power to create a life and career that brings true fulfillment is key. It may require some adjustments and sacrifices, but ultimately, it’s worth it to find happiness and peace in both your personal and professional life.”

—Ann Hand, The Full Hand

14. Rely on your support system

“Balancing motherhood with a thriving business is no small feat, and managing both domains requires purposeful strategies. My foundation? A strong support network. This includes family, mentors, and peers who understand the intricacies of this dual role. They’ve been my anchor, offering guidance, solace, and sometimes, a much-needed reality check.

“For others in a similar position, my advice is to rely on your support system and cultivate these relationships with intent. The journey is less daunting when shared with those who lift you up. Give yourself grace—amid juggling roles, remember to pause. It’s okay to have moments of vulnerability. You’re doing more than most, and it’s crucial to acknowledge that.”

—Lilach Bullock, Lilach Bullock.com

15. Invest in time-saving services

“While there is plenty to juggle between building a family and work life, I’ve found that it’s worthwhile to spend a little money if it means giving myself a little more time back to dedicate at home. I’ve paid for weekly cleaning and meal-preparation services, and even invested in a home gym, so I can use the saved commute time more valuably. It’s hard to put a price on more time with your family, and the conveniences are often worth it—as long as you can afford to budget for the extra costs.”

About the Author

Post by: Brett Farmiloe

Brett Farmiloe is the founder and CEO of Featured, a platform where business leaders can answer questions related to their expertise and get published in articles featuring their insights.

Company: Featured
Website: www.featured.com
Connect with me on LinkedIn.