Five life lessons from a new woman business owner

WOMEN IN BUSINESS: Starting up in a down economy

By Mary Ann Brody-Heyl, Inside Tucson Business
Published on Sunday, September 27, 2009

I have a confession to make. Actually, I have two. My first confession is that I am probably the only person I know who is grateful that the timing of the economic downturn happened when it did. I’m serious. If it would have happened six months earlier, I would not have been brave enough to leave my well-paying corporate America “dream job” to follow my passion for cooking.

Even though three years of planning my escape included “the worst case scenario,” the scenario turned out to be worse than I thought.

Did my passion cloud my better judgment and practicality? Do I have any regrets after being in business for myself for almost a year? I think not.

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So my second confession — which won’t come as a shock to many of you — is that starting my own business has been the most difficult, rewarding, frustrating and fulfilling thing I have done so far.

OK, now that I feel better about confessing this to all of you, let me offer some life lessons that may help some of you — or at least make you feel better!

Life lesson No.1 –

Starting a second career may be harder than you think

So, you left your career of 30+ years because you wanted to follow your passion. You left the security of “corporate America” but you are definitely ready to move on. You’ve got your business plan in hand, Website set up and collateral materials printed. You think you are ready. And then “it” happens. You walk into a room with other like-minded people but you know no one. You say to yourself “What am I doing here?” “Everyone is going to know I am a phony!” “Everyone knows so much more than I do.”

It is only after you get that first job in your new career and then a second, and so so on that you realize you are going to do just fine.

Life lesson No. 2 –Networking is a ‘necessary evil’

While all of us are not natural-born sales people, if you can’t “sell” your business or what you have to offer, you are in trouble. And the way to sell your business, among other things, is through networking. Networking is a key component to your business plan. There are a lot of networking groups in Tucson. There are also a lot of great organizations too, including chambers of commerce and women’s organizations such as the National Association of Women Business Owners (NAWBO). Get out there and join up!

Not sure which organizations or groups to join? Do “test drives.” That way you can decide which groups make the most sense for you and your business. Keep in mind that while the objective of networking may be to sell your business — and you will — it is also a great way to meet new friends and gain support.  

Life lesson No. 3 – Women

like helping women

I’ll bet that most of you have been very lucky to have supported and been supported by a number of outstanding business women throughout your career. But when you become an independent business woman you may fear you’ll lose that support. After all, isn’t it an “every person for themselves” kind of world? Thankfully, that isn’t the case. Even if you are a business of one, you will find you will be surrounded by so much support and encouragement from other women business owners just like yourself.

Someone recently said to me “women like helping women.” They were right!

Life lesson No. 4 – You will

give away a lot of your time

Make no mistake about it, when you first start out as a new business owner, you have to put in a lot of unpaid time. Chock it up to a marketing investment. The more “you put yourself out there,” the more people will get to know you and understand the services you provide.

Some of the ways to do this is to donate your service to help some of your favorite nonprofit organizations raise money. It is a win-win situation. My grandmother had a saying that went something like “I’ve got more time than money.” She was a very wise woman!

Life lesson No. 5 –

Be true to yourself

As a new business owner, you will experience amazing “highs” and “lows.” There will be days when you are so busy; you wonder how you are going to get everything done. And then you’ll have other days wondering why the phone isn’t ringing. Just remember this, at the end of the day, don’t give up and be true to yourself. Also know that anything is possible!

Contact Mary Ann Brody-Heyl, owner of Kissed By An Italian personal chef and catering business, at mab@KissedByAnItalian.com or (520) 256-8459. Brody-Heyl is a member of the Greater Tucson Chapter of the National Association of Business Owners (NAWBO) and a former marketing executive. Women in Business is a new feature that will appear in Inside Tucson Business the fourth week of each month. 
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Comments

Alberto Carvajal wrote on Oct 14, 2009 6:49 AM:

" This is an amazing article. Thank you so much!

Alberto Carvajal
Country Financial "

Deborah Munoz-Chacon wrote on Oct 8, 2009 3:12 PM:

" Great article! And, you are so right Mary Ann, your first year is especially terrifying and exciting. Keeping a positive attitude and looking at your business objectively are so important, especially when making hard decisions.

One of the most important things that I've learned as a business owner that I never forget is that you have to always believe in yourself and your company or no one else ever will. Everything is possible when you have a passion for what you do and a belief that you can do it.

Deborah Munoz-Chacon
Sonoran Oasis Landscaping "

Susan L wrote on Oct 8, 2009 11:26 AM:

" I agree with all of the above- I started my own coffeehouse about 3 years ago and was not prepared for all of the community work I would have to support. I am now workng back in the corporate world along with being the owner/operator- its tough and you won't get rich quick- at least not always

S. Lyons
Eyeopener Coffeehouse Inc "

Ricki Steigerwald wrote on Oct 7, 2009 8:05 AM:

" Great article. One thing I would add from my own experience is make time for your business.

I started my business when my son was born. Without some sort of part-time child care, you add more stress to starting a business. It is easy to get frustrated with not having the time to implement the ideas in your head.

Ricki Steigerwald
Virtual Ms Fixit (virtualmsfixit.com) "

Elizabeth Saunders-Time Coach wrote on Oct 7, 2009 7:57 AM:

" Yes! Building a business is exhilarating and terrifying at the same time. As I've grown and developed myself and my business over the last four years, I've experienced both the highs and lows but definitely have no regrets.

The biggest turning point for me in truly enjoying my business has been in learning how to create a schedule that allows me to be successful both personally and professionally. Working all the time just made me burned out.

Now I help other business owners and aspiring business owners to achieve similar personal and professional success through Schedule Makeovers and am actually offering a course in November on Schedule Makeover: To Build a Business: reallifee.com/sm-tobuildabusiness

When you have clarity on how to organize your time and focus on what's most important you can achieve the most success and enjoy the ride! "

Janet OConnor wrote on Oct 6, 2009 10:47 AM:

" Thank you Mary Ann for such an insightful and encouraging article for us business owners! I had no idea of the challenges I would face when starting my own business and as much as it's tiring sometimes, yes, we all need to network.
You're an inspiration for us and I plan to send out your e-mail to other business owners too - men or women! I've found that it's articles like this that people appreciate receiving so we can build rapport in the community.

Janet O'Connor
O'Connor Creative, Inc. "

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