What’s a Mompreneur?
So what’s a mompreneur then? It’s basically slang for a woman who runs her own business and has small children. At first i thought the word was a bit of a crappy word, but actually, it’s very accurate. I did find it a bit demeaning when i first heard it, but really, it’s just saying you’re a mum And an entrepreneur. If people want to call me a Mompreneur, they can, i take no offence. I was even entered into a competition for Mompreneur of the year when i lived in London. i didn’t win…. but still.
So what’s the difference between an entrepreneur and a mompreneur?
The leap is actually pretty huge! Not to mention the significant commitment involved. Being a mompreneur is no longer just your schedule to consider. But that of your team, your clients, your need to cover the costs on a monthly basis and hopefully walk away with a salary. I don’t think i took a salary for the first two years of being in business. That’s why i now help women cut the corners that waste time and help women with their time management. Because when we get the time management in check, the rest starts falling into place when we also have strategies in place.
Home office advantages.
There are also some great home office advantages. Rather than having to rent office space, us momprenaurs tend to work from a home office (or the dining room table) which i did for 2-3 years.
Consider that with a home office you likely write off a lot of your expenses such a home phone, Internet etc… as part of your in-home office so you aren’t actually incurring new expenses but rather now sharing the load of those expenses between your business and your household. Total bonus right?
With offices outside of the home, you now have a petrol (gas) expense (that you can’t write off) for your commute, you now have rent, utilities, business insurance etc. All significant, all risky until you really have a dependable and steady cash flow.
So really, being called a mompreneur is ok and don’t allow it to make you feel any less important. The fact that you’re a mum and running a business is actually pretty amazing!