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Me an Entrepreneur? I'm Just a WAHM

Peter Fisher
 


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You're a WAHM (work at home mom or dad) right? So, let me tell you why I am asking if you think you are an entrepreneur. Most of us tend to think of entrepreneurs as being sharp-suited, fast talking people who deal in large sums that read like telephone numbers.

Yet the truth is this: if you sell products or services, particularly where you buy cheaply then sell at a higher price, then you ARE an entrepreneur.

Just because you think of yourself as being a work at home mom (WAHM), it doesn't mean that you are not an entrepreneur. If you buy something and sell it at a profit, or if you make something and sell it at a profit, that makes you an entrepreneur.

OK you may only have a small home based business, but the object of ANY business is to make a profit and provide income for it's principals, isn't it?

So lets get serious, you are an entrepreneur and as such you need to organize your business to make a profit (otherwise its just a hobby) and to do that you must pay attention to your pricing. If you make something to sell, you must factor in the cost of your time - you could be earning money elsewhere otherwise.

Next you need to examine the marketplace to see what is actually in demand then promote your product or service accordingly.

You will not make a profit if no-one wants to buy what you're offering; similarly neither will you if no-one is aware of your products or services.

Many of the people who make a good living on eBay for instance, do so by buying products to resell. You can do this by picking up poorly advertised or mis-spelled items from other eBay sellers; buy buying at offline auctions, or by using the ‘drop-ship’ services. If you're not sure what these are, I'll explain them in another article soon.

One of the favorite types of item to sell, because its quite easy and there is an ever-growing demand, is information products - mainly e-books - on just about any topic you can think of. You can write these yourself or buy other people's work with a resale license.

Approach your home business seriously, use the work at home tips and information available on hundreds of websites all over the internet and be prepared to ditch anything that doesn't make you some money.

When you do all that, you'll know that you really ARE an entrepreneur! You don't have to be sharp suited or fast talking, but you DO have to think PROFIT.

Peter Fisher is Coach and Webmaster for http://wahm-info.com where you can learn to answer the question Are You An Entrepreneur .

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