1. HAVE A GOOD SUPPORT SYSTEM in the form of your spouse, family and childcare. “Make sure your husband is aware that it’s not the same as being a stay-at-home mum. That means you’re not always free to run all errands. You work, too – just from home!” says Sher-li Torrey, founder of Mums@Work Singapore.
2. CUT BACK Rebecca Chan, who started Origins Jamu Massage says: “I adjusted my HDB housing loan payment because I wouldn’t have regular CPF contributions once I quit my job. I also used the cash bonus of our insurance policies to cover the premiums for six months.”
3. TAP ON YOUR TALENTS “Use your skills to their fullest potential. Don’t go into something unfamiliar; you may end up spending more time and energy learning and training than being with your family,” suggests Elaine Ng, who runs two small businesses in graphic design and art. “If you are good with kids, try babysitting. If you have a nose for business, try selling a product. If you’re creative, teach art.”
4. KEEP NETWORKING “If you plan to rejoin the industry in the future, join associations or networks to keep your knowledge and skills active,” says Cheryl Liew-Ching, CEO of HR consultancy Lifeworkz.
5. ADJUST YOUR EXPECTATIONS “Decide how much money you need, not how much you’re used to making. Make that your minimum line and tell yourself anything above that is a bonus, so you don’t have to worry about not earning enough,” says Heng Teng Teng, 35. The mum of two kids aged six and four runs a career coaching consultancy business.
6. MARKET YOURSELF “A lot of work-at-home mums own blogshops but don’t know how to effectively promote their products,” says Moon Loh, an Internet marketing mumpreneur with two kids. “Invest some time and money learning about online marketing, like using social media tools like Twitter, Facebook and blogs to reach your customers.”