Inspirational and Empowering Child Care Business Owners To Build Successful Child Care Businesses

Posts tagged ‘Child Care Business Owner’

Multiple Streams of Income Tips For Child Care Business Owners

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On October 1, 2013, the United States Government Shut down. In fact, when I first heard the news, I thought: Oh My gosh, this could affect subsidized childcare payments and food program funds.

In my current Child Care Facility, 61 % of my center’s  income comes from subsidized childcare payments;15% of the income comes from Food program funds and 25% comes from private paying parents.

Moreover, when I received the news of a Government Shut down; I was reminded of the importance of having multiple streams of income. In fact, If your Child Care Business is not highly subsidized, the government shut down may not affect you.

However, if your Child Care Business receives at least 50% of its income from government assistance; it is vital that you look into having multiple streams of income.

When you have multiple streams of income, you will have a back-up income source in the event of low enrollment or a government shut down.

Five years ago, I decided to try Internet marketing and that was a great way to supplement my income. Started up another business, was good for me, because I had kids on the brain all the time!!

Then as I began to grow an online Business, I discovered a gift of writing/Consulting and I began to build another stream of income.

Furthermore, when I experienced a slow season at my center, my Online Business was my back–up income.

I’m not suggesting that you take your focus away from building your business, however, I am simply inspiring you to never put all your eggs in one basket (as my grandmother used to say).

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Here are a five ways to add Multiple Streams of Income:

  1. What talents do you have that you are not using in your Child Care Business?
  2. You can start an internet business for less than $100. Do you love to help others look or feel great? Try Mary Kay, Juice Plus+, or even Avon.
  3. Build a website, make money from the ads, sell information or products online.
  4. Write a ebook and sell it online.
  5. Are you crafty? Set up a vendor table at a local event and sale gift baskets, blankets, pillows,etc.

This is just a few ways for you to increase your income when there is not enough income in your Child Care Business. Do you need help getting started, leave a comment below or contact me for a Coaching session on my Inspired Business Woman Blog!

Child Care may be your Purpose in Life, however, there is more money to be made from your Passion!

Don’t let a government shutdown stop you from creating your very own financial freedom!! In fact, its time that you start thinking like a Millionaire and Increase Your income Streams!

Here is a Free Download from my 21-Day Mastermind eClub, —> Millionaires Have Multiple Streams of Income

Shiketa

Check out My upcoming Teleseminar Event, get Empowered for 2014! click here

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Business Management, Finances

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How to Be a More Energized Child Care Business Owner

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There is one thing that I know for sure and that is….IT TAKES A TON OF ENERGY TO OWN A CHILD CARE BUSINESS!

The first time that I discovered how emotionally draining the business could be was in 1999. I was changing a babies diaper and while she was crying, I felt like crying too. I was new to the business and did not realize how much energy it took to care for children.

Thank God…today I have discovered how to be more energized, so that I am emotionally able to handle what comes with the business. In fact, I must say it has taken me 14 years to discover how to be more energized and my hope is that it will not take you that long.

Are you drained at the end of your day? Do you find that you just do not have the energy anymore to handle issues with parents, staff or even deal with fluctuating enrollment?

If you answered yes to any of the questions above, I want to share with you 4 ways to be a more energized Child Care Business Owner.

1. Focus

If your focus is on too many things at one time, this will drain you mentally. Try to focus on one thing at a time and refrain from multi- tasking. A focused mind is an energized mind.

2. Drink Plenty of Water

Water energizes the body! According to Live Strong.com, ” Have a glass of water early in the morning, as soon as possible after you wake up. Spend a few minutes meditating or doing breathing exercises as you sip your water. This will help you clear your mind and energize you for the rest of the day. Do the same before you’re going to bed as a ritual to clear your mind and body of the tensions of the day.”

3. Don’t Let small issues Steal Your Energy
When you intensely focus on an issue for a long period of time, it has the ability to steal your energy. For example, a parent may decide to withdraw a child from your program without giving a notice. If you get upset, you have given that situation too much energy. Simply, stop, focus, call the parent and figure out how you can solve this problem with out getting upset.
4. Think Positive
Positive thoughts + positive energy and feelings. I am reading a book called: The Power of positive thoughts by Normal Peale. In  the book, there is a chapter titled: How to have constant energy and I want to share an excerpt from that chapter of the book:
  ” How we think we feel has a definite effect on how we actually feel physically. If your mind tells you that you are tired, the body mechanism, the nerves and the muscles accept the fact. If your mind is intensely interested, you can keep on at an activity indefinitely.” ~Norman Peale
In summary, think energized thoughts, relax more, practice being centered, enjoy each day in your business, pay attention to your emotions and strive to be more positive!
I hope that I have empowered you to Be an Energized Child Care Business Owner!  I look forward to reading your thoughts about this blog post.
Shiketa
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Business Management, Child Care Center, Family Child Care, Self Care/Personal Development, Stress management

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