Business 09 October 2018
Being a female entrepreneur takes a lot of time, dedication and hard work. Your business becomes your baby as you birth it from idea to launch and beyond. Being a mother is even longer hours and a lifelong commitment to your family. As more and more women start and run successful businesses while having a family, they are often asked; "How the hell do they do it all?!"
We asked 10 Mompreneurs what their “secrets" are, and they openly share their advice, tips, and tricks to juggling their business babies and actual babies.
Let go of control and teach children independence
Actress and Blogger, Elisabeth Rohm, advises to "Instill confidence, positivity, and enthusiasm in the handling of their independence from you. Don't dwell on the goodbyes for too long or create drama around the fact that you're a working mother and definitely don't guilt yourself for working and being a Supermom and super role model!"
“Teaching our son from an early age how to be independent and creating routines and rituals for himself has been a gift. Since the age of 6, he has had his own diary to write his after-school activities in as well as important dates and reminders. We've always instilled in him that preparation is the key. I know he is confident to look after himself without relying on other people." Tina Bangel, Vocal Coach and Founder of One Voice School of Singing
It takes a village
“I have a lot of help around me. I have an incredible team at my restaurant who I am so proud of. They are an incredible bunch who work incredibly hard. At Super Mamas, our sister Elizabeth is our producer and who I delegate a lot to. At home, I have an incredible husband who is a true partner to me in life. So how I do it all? By asking for help, every day." Bricia Lopez, Owner of Guelaguetza Restaurant and Creator of Super Mamas
Failing to plan is planning to fail
Mona Loring, Owner and Partner at Conscious Living PR and Status PR says to "Plan ahead for as much as you can. From planning a week ahead of time to planning out everything I need to get done for the next day, I find that I'm able to get so much more done with a schedule. I will plan the night before for self-care, time with my kids on their homework and extracurricular activities while meal planning and scheduling my business meetings the week before whenever possible."
Fabienne Raphael, Online Business Consultant, Speaker and Podcaster, advises to “Prioritize and accept that some aspects have to get all my attention and some others will be neglected temporarily. It is also a great reminder to recognize which areas to delegate."
The early bird catches the worm.
Allison Carter, Creator of Confetti Party Plans and Host of the Memories in Moments Podcast, gets up an hour earlier before her kids. “Waking up an hour earlier than my kids has been the biggest game-changer for my productivity. It allows me to start my day with intention, rather than immediately being on the defense with kids, needs, and the breakfast hustle. During that time, I plan my day, look at what needs to get accomplished, get social media posts finalized and ready to post, read a business book, work on my podcast, really anything! The sky is the limit in that uninterrupted, quiet hour, and it has quickly become my favorite hour of the day!"
“I've found that when I get up about an hour earlier than the kids (and spouse!), I can plan my day, workout, meditate and really set an intention for how I want the day to go. This morning routine helps me stay focused on my daily goals. When I don't get up earlier than the kids, I am way more irritable and unfocused. It completely changes my attitude and the direction of my whole day." says Renata Rebing, Healthy Food Blogger
Intention is the name of the game
Sitinee Sheffert is a mom of 5, TEDx speaker and the Founder of Giving Artfully. She says her #1 tip for mom entrepreneurs is to “Be intentional with your time and actions. As a mom, when you are with your kids, be intentional with your time with them. Don't be distracted worrying about work. Our kids will grow up so fast before our eyes, we don't want to miss this precious time because we were too distracted. As an entrepreneur, be intentional about your action steps. We are so limited by time that we must focus only on steps that will further our business."
Saying “No" to getting it all done
“For many of us moms, there's a natural impulse to do everything for everyone. The idea that being a super mom means sacrifice isn't necessarily true. One of the best things you can say to free up time and brain-space is saying no when something is out of alignment." says Kenya Moses, Founder of Be A Fit Mama, Inc., Author and Speaker.
Andi Forness, an online dating coach, says “My #1 tip raising my 2 sons as a single mom while I started and now run a successful online business, and dating, was to realize early that I was not Super Mom. The reward for not being Super Mom is that I get time for self-care and fun and my sons are growing up to be responsible little men."
While building and running a business plus making sure your family is in order are all very important, don't forget to take care of yourselves. The last piece of unanimous advice from all of these incredible women is that
"You can't get it all done and that is perfectly fine. You are still a Super Mom."
From Your Site Articles
3 Min Read
I think we can all agree that we are living in unprecedented times, and many of us are experiencing challenges in both our personal and professional lives. But it is important to remember that often, challenging moments present opportunities for change. Right now, companies and individuals are using this time to rethink how they conduct their business, the resources critical to their success, and how they go about their daily activities. And what we are seeing is that more and more people, especially women, are taking control of their lives by starting their own businesses.
While it is estimated that the number of women-owned businesses is one-quarter to one-third of all enterprises worldwide, there are still many women who aspire to make entrepreneurship a reality. A new Herbalife Nutrition survey conducted by OnePoll of 9,000 women across 15 countries, including 2,000 women in the U.S., found that globally, 72% of women want to open their own business. Of those, 50% don't yet have a business and 22% have one but would like to open another.
Women want to have more control over their future, but they are committed to helping future generations by being a role model for younger women; 80% believe this is a strong motivating factor.
The second annual survey, which explores women and entrepreneurship globally, revealed the overwhelming challenges women experience in the traditional workplace compared to their male colleagues. In fact, more than 60% of women said they would like to start a business due to unfair treatment in previous job roles. Of the women surveyed, 7 in 10 believe that women must work harder to have the same opportunities as men in the workforce. Results also revealed that 43% of women have delayed having children because they thought it would negatively affect their career, and 25% said they had faced pregnancy discrimination. 42% believe they've been unfairly overlooked for a raise or promotion because of their gender — and of those, the average respondents had it happen three separate times. These are a few of the challenges that have been a catalyst for the surge in entrepreneurship among women.
The irony is that startups founded and cofounded by women performed better than their men counterparts: on average women-owned firms generated 10% higher cumulative revenue over five years, compared with men.
With the barriers and negative experiences women cited in the workforce, it is not surprising that across the globe, the top motivation for starting a business is to run it themselves (61%). Women want to have more control over their future, but they are committed to helping future generations by being a role model for younger women; 80% believe this is a strong motivating factor.
But the women surveyed don't expect entrepreneurship to be smooth sailing: one-third of women with plans for entrepreneurship are "very worried" about their business — or future business — failing in the next five years. The top three challenges when starting a business center around finances — earning enough money to offset costs, having enough budget to grow, and financing their business. And when it comes to financing, women face stark disparities in the capital they often need to fund their business. Boston Consulting Group found that women entrepreneurs averaged $935,000 in investments, which is less than half the average of $2.1 million invested in companies founded by men entrepreneurs. The irony is that startups founded and cofounded by women performed better than their men counterparts: on average women-owned firms generated 10% higher cumulative revenue over five years, compared with men.
Women entrepreneurs create a source of income for themselves and their families. They are a vital part of our world's economic engine that society needs to support with flexible opportunities, mentorship, and access to capital. Herbalife Nutrition is proud that more than half of our independent distributors worldwide are women who set up their businesses and decide when and where they work and do so on their terms. We need to invest in women entrepreneurs, not only to help one generation, but to offer role models for the next.