What is a Mompreneur?

The term “mompreneur” has been popping up everywhere. What does it mean? Entrepreneur.com defines “mompreneur” as, “a female business owner who is actively balancing the role of mom and the role of entrepreneur.” According to the Center for Women’s Business Research, in 2008 “10.1 million firms are owned by women, employing more than 13 million people, and generating $1.9 trillion in sales.” No wonder mompreneur has become a popular term – they are everywhere.

Being a mother and a business owner is no easy task. But when done right, both areas can be a success. Here are a few things to help keep a mompreneur in balance:

1. Stick to a schedule. Scheduling will help you stay focused on the most important tasks without getting distracted with nonessentials

2. Get the family on board. A supportive spouse is key to running a successful business. Also, involve the kids when appropriate. They can help you with things around the house or even get involved with some of the business aspects.

3. Take time for self-care. If you don’t take care of yourself first, you can’t take care of your family or your business. Take a few moments everyday to relax whether that means exercising, reading, or chatting with a friend on the phone.

I have written many articles about women business owners over the years as part of my Families In Business column. I invite you to learn more about how to be a successful business woman leader.

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