I recently stumbled upon an article published by Entrepreneur outlining some of the many reasons moms make the best entrepreneurs. Since so many women involved in the business world also have families with children at home, I thought I’d talk about this subject for a moment, as well.
It isn’t just one thing that makes motherhood a great road test for starting a business. In fact, many of the skills we learn when becoming a certified, full-time mom translate to the entrepreneurial world quite well.
So how exactly do moms make better entrepreneurs…?
“Moms are used to things not always going their way.”
This is possibly the first lesson we learn as new parents. Things don’t always go as planned. In fact, sometimes our plans go right out the window as soon as the kids’ feet hit the ground in the morning. But this crosses over well into the professional world, which also changes frequently and requires composure, and quick-thinking. From budgeting mistakes to missed conferences and technological mishaps, entrepreneurs are often thrown into similarly chaotic situations; relying on the same creative thinking skills that have become the first step for many busy moms.
“[Moms] don’t sweat the little stuff.”
We know what to stress about and what to let go of. If moms chose to dwell on every single mistake, wrong turn, or minute failure we experience throughout the average day, most of us would be curled up in the fetal position with our third glass of wine by 11am. Luckily, being a mom teaches us a good amount of distress tolerance, so that we can focus on what really matters.
This is an ability that is absolutely essential to entrepreneurship! Starting a business requires us to put all of our effort and attention into everything we do, and much like motherhood, it can be easy to get caught up in every error or mistake we find throughout the day. Learning not to “cry over spilled milk” is a great way to lower your stress levels and keep your composure and patience during rough periods.
“[Parenting] truly sets mothers up with superior time management skills.”
Cleaning the house, changing the baby, getting the kids to school and somehow remembering their to buy their in-laws’ anniversary card, moms are masters of prioritization and time management. After all, we have to constantly keep things running smoothly! Entrepreneurs need this skill just as much as mothers do. Running the schedule for a start up business is pretty hectic and can be all-consuming. It pays to have your priorities in check and have a good, organized schedule, especially during the beginning phases of a business.
“Moms are used to wearing many hats.”
This is a big one. Moms aren’t just moms. We are also teachers, playmates, chauffeurs, medical ‘professionals’, tea party organizers, coaches, and more. Being a mother means being able to fit into any role that comes your way. Being an entrepreneur encompasses many business roles as well. You need to be your own boss, marketer, administrative assistant, accountant and well… pretty much everything else.
“Mothers keep an eye on the prize.”
We all know how hard rejection can be. We put so much work and effort into a project or relationship, only to feel totally dejected when it completely fails. Moms feel this failure and rejection much more often than any of us would care to admit. But they get up every day and do it all over again, because they know they’ll reap the rewards of toddler kisses, “I love you’s”, and bedtime snuggles. And as the old saying goes; there are many failures on the road to success. This is something entrepreneurs must learn early on, and then learn to get over. An entrepreneur will experience x-amount of failures until they reach true, significant success, and keeping an eye on the prize is key.
“Moms know “money doesn’t grow on trees.”
Contrary to some “DIY mom blogs” and Pinterest profiles, being a parent is expensive. Moms are more than experienced in budgeting and expense reporting. Some of us are even damn good shoppers, too! Raising kids takes a lot of time and even more money, so we need to be on our toes when it comes to what we spend and what we need to make sure we have all of our kids’ basic necessities covered. Running a start-up business is no different. There can be tons of separate costs associated with being an entrepreneur, and realizing that money isn’t always in abundance is useful when it comes to keeping your business (and personal) budget in check.
Now, there are many reasons being a mom can make you a great entrepreneur or business professional, but these were a few that really caught my attention. Running my own business has been a huge challenge from the start. But being a full-time parent first and foremost taught me many of the skills I was previously unaware I’d need.