Have you ever thought about starting your own business? I have always had the desire to work for myself. I have done many things to be able to work from home. I have sold Tupperware, Mary Kay, Childcare, Made Soy Candles, Beauty Shop, I even counted green wooden floral picks and packaged them, turning my hands green and shredding them to pieces! Of all the things I have done, I can say that running my own Online Boutique has thus far been my favorite! Is it all fun and games? Absolutely not! It is a lot of work, especially in the beginning. If you are thinking of starting an online boutique, there are a few things to consider:
1. You will work more hours then you think!
Yes this is a job you can work at your own pace, but if you don’t work consistently, (promoting, updating website, researching, blogging, vlogging, photographing, paperwork, the list goes on), your website will get lost in the sea of countless online boutiques! You see, there are many. This is an extremely competitive market! You have to work to keep it up! Also, this can be a lonely job. Unless, you have employees, be prepared to work alone, a lot! I enjoy it actually but others may not do so well in that area.
2. You need to be computer savvy!
This is not the job for the technically challenged. I am fascinated with technical gadgets! Anything new that comes out I’m like “Ohhhhhhhh, What is that?” Computers, phones, cameras, tablets, etc… I love them all!!! If you are desiring to run an online business, get to know the gadgets! Don’t be afraid. Take a class, Sit awhile and experiment, google it, youtube it! There is so much information out there. Reach out. Never stop learning. Technology is ever changing.
3. Keep track of your Business for Uncle Sam!
This has been by far the most undesirable task for me! I loathe it…….. But it is necessary if you want your business to be legit. I have had to research like you wouldn’t believe on this topic and I’m still learning! Keeping track of inventory expense, material and supplies expense, gas mileage and more! Then there’s sales tax, it just goes on and on. It really can cause a huge headache. Luckily, there are ways you can track these things. I have been using quick books, so far so good.
4. Keep up with the latest fashion trends!
There are so many ways to do this. Social media, Magazines, Wholesale Shows, etc. This is one of my favorite parts the fashion biz. Get to know what’s trending and think about the brick and mortar retail stores. Follow their schedules on when to release your collections. Fall has just arrived but Fall clothing has been in the stores for weeks!
5. Have a work schedule and stick to it!
This one has been difficult for me. I am working on having set hours each day to work on my business. It can be challenging, something always comes up. People tend to think because you work from home, you don’t really work!! Come-on peeps! It is a real job and requires as many hours if not more then what your putting in! I’m not laying on the couch eating bon-bons everyday, that’s for sure! I even work on vacation, and yes I do need to learn balance.. It requires discipline, balance and the ability to say “no, I have to work”
Bottom line: If you want a successful online business, be prepared to work hard, never stop learning, organization skills helps a ton, be disciplined, consistent and balanced.
All that being said, this can be the most rewarding, adventurous career one can have. If you’re thinking about it, what’s holding you back? Fear of failure held me back for awhile but after I took the leap that subsided. If lack of money is holding you back, it really doesn’t take much to get started. Start small and build it up slowly. I also recommend getting experience with selling, shipping items and customer service, first on a platform such as Poshmark, Etsy, Ebay or Mercari, been there done that, in fact I still use those platforms to sell certain items on.
Hopefully this article has brought to light some of the ins and outs of running an online business. If you have further questions, I’d be happy to help. Leave them in the comments below. Thanks for stopping by!!! Jewellsboutique.com