It’s very easy for modest home business owners to somewhat dismiss what they do as irrelevant, as if their small side income doesn’t really count in the grand scheme of things, and certainly not the world of business life.
We hope to dispel that notion immediately. Hey, if you earn any money outside of a conventional job, especially due to your own skill and ingenuity, and especially if you have other responsibilities (such as motherhood) to deal with on a daily basis, you deserve all the credit larger businesses have and more!
In fact, running a store like this, let’s say on Etsy, can teach you a phenomenal amount about business life should you have the opportunity to expand or seek alternative employment depending on your preferences. But what does this mean in practice? Let’s consider some of that below:
Inventory Management
A small online store teaches you the fundamentals of inventory management right from the start. When you’re storing products in your spare room or garage, every square foot actually matters, and it isn’t just part of a warehouse you’re renting. As such, you learn to predict which items might sell better during certain seasons, how to store items properly, and most importantly, how to avoid tying up too much money in stock that sits there gathering dust. That’s a lesson many larger businesses still struggle with, even with their complex tracking systems.
So, even if you are in a position to scale up or take this responsibility at another job (such as managing a restaurant kitchen), you have the fundamentals down – cycling stock is as important as good cash flow management.
Personal Branding & Promotions
Running your own store also gently develops your photographer’s and even copywriters eye (or pen), even if you’ve never held a camera or typed promotional content before. Most might start with shaky smartphone photos of their products, but you quickly learn what angles work best, how lighting affects perception, and why consistent imagery matters for your brand.
For example, someone might set up a small photography staging area in their home, even just a sheet on a table and a consistent light, and use smartphone filters to help the items pop. Large companies spend thousands on professional product photography, but you’re learning these skills through necessity and daily practice, and most of all, you’re trying to show details in line with your product descriptions.
This gives you a personal idea of how to generate an appealing presentation even if you’re not spending thousands on it a month.
Personalized Customer Service
How many business owners out there have direct experience with customer service? Some perhaps. Not all. Certainly not at the highest levels. That’s why executives can sometimes seem so disconnected from what customers actually want.
Well, customer service becomes personal when you’re a small store owner. Each interaction matters because you’re not just a faceless corporation – you’re often putting your own name and reputation on the line and there’s something very authentic about that.
As such, you learn to handle difficult customers with grace (even if you’d rather do anything but), write clear and friendly messages to public reviews, even anticipate questions before they’re asked so you can have handy resources customers can check. These skills translate perfectly to larger businesses, where understanding customer needs is so important..
Of Course, Financial Management
Financial management takes on a pressing new meaning when it’s your own money at stake and you haven’t set up a limited liability company that protects you from any risk. You start to understand the real meaning of profit margins, not just as numbers on a spreadsheet but as the difference between growing your business or staying stagnant.
You also learn to calculate shipping costs effectively so you don’t limit trade from other places, but still don’t hamper your profit yield, which means pricing your products competitively while ensuring profitability.
You’ll learn how to put a balance sheet together, how to track revenue and costs, and also work with a basic bookkeeper to understand your options going forward.
Marketing On Your Own Terms
Marketing a tiny operation has less risk involved, sure. You’re not going to invest in a huge marketing campaign like Coca-Cola would. But at a small level, promoting the right way can become a fascinating puzzle to solve. You’ll learn to be creative and to make do with what you have.
Maybe you start a Pinterest board that drives traffic to your store because you’re good at framing photos, or you figure out how to write product descriptions that actually connect with potential buyers because they’re written as you would like to read them. You might experiment with social media, learning through trial and error what content resonates with your audience and writing blog posts that help shine a light into your process and even get the link-building process started for better SEO.
When you feel proud enough to share (and you should!) you may invest in bespoke business cards that show you’re here and ready to trade well. That in itself can be a lovely new milestone. These lessons in authentic marketing often prove more valuable than whatever some guy on YouTube could tell you, so don’t dismiss yourself, you have something to offer!
Personal Time Management
Now, any parent reading this post is unlikely to need much more education in the way of time management, you’ve already done that while trying to squeeze out extra minutes of nap time.
But when you have a business to think about, time management skills develop naturally when balancing your store with other commitments, especially at home. That means prioritizing tasks effectively, managing them around certain deadlines (like packing products before the courier picks them up), and making sure you can respond to correspondence where appropriate.
If you can do that, you can probably help decide the priorities and management of staff you may be in a position one day to hire, but without dismissing the real human need to rest and plan around other commitments. It can make you a sensitive boss, but one willing to put a helpful structure in place too.
Networking Grows, But The Rules Stay The Same
You surely understand that while it’s not always mandatory for small businesses, it can be nice for networking efforts to pay dividends. Taking some of your preserves to a local food festival, for instance, could help you open up more local customer opportunities.
Online, you may have joined online communities of similar sellers, considered sharing tips and tricks, or even collaborated with complementary businesses that help you stand a little taller. These connections often prove more genuine than corporate networking events which is nice, teaching you the value of authentic business relationships. Don’t worry, these can be found at a higher level too.
From there, you’ll also learn that standing behind what you do, however modest, can make you appealing to others. It means that if you have the chance to grow, you’ll never forget that affable attitude and willingness to connect that helps you get to where you are now.
Learning To Realistically Assess Work Volume
Any artist learning their trade is often better because of their limitations, not in spite of them. The same can be said if you need to pick and choose customers or make it clear what your delivery timelines are because of your limited time.
You know that packaging five orders isn’t just about throwing items in boxes but the whole approach, like labels, writing thank-you notes, checking addresses twice, and maybe even adding those little personal touches that make your brand special to people who’ve risked using a smaller entity.
This primary and modest experience proves genuinely invaluable because you learn to be realistic about commitments. That means you won’t promise next-day shipping if you know your Wednesday is packed with family commitments, or you’ll learn to say no to a massive order if you genuinely can’t do it. That might sound like a downside, but you would be amazed at how much having a healthy sense of self-understanding could benefit businesses larger than yours. We all saw that with the recent Crowdstrike scandal.
Learning To Stand Your Ground
Sometimes, you just have to say no and stand by your claims. Every business owner has a story about firmly but politely declining unreasonable customer demands, or even something as simple as setting clear boundaries about your working hours, or maintaining your pricing when someone tries to haggle inappropriately.
The hard truth is that the customer isn’t always right. Learning this now might give you the skills to stand by your team in the future, especially if they’re being mistreated. It also, unfortunately, means dealing with the reality of the general public, which isn’t always the most positive.
However, if you can learn those lessons and develop the kind of thick skin you need, then certain outcomes, like talking in front of investors, become less of a difficult idea. You’ve already dealt with hostility and come through it, so you may find yourself benefiting from such lessons too.
With this advice, we hope you can more easily learn from running your small online store, and never dismiss yourself despite the humility of that operation!
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