‘Mumpreneurs ‘patronising to some empowering to others, the term is here to stay!
Nicky Chisholm and Sara Guiel founders of The Mumpreneurs Networking Club have been at the leading edge of the mumpreneur movement for nearly a decade. To date their events and networking meetings have had 28,000 visits! It is led by the demand of this very active, dynamic entrepreneurial community and DEMAND for this sector is rising on and offline.
Don’t ever underestimate the Mumpreneur community they are a niche sector within the entrepreneurial landscape. These women are the primary carers and run their business around the family, the school day school and fully embrace flexible working.
They are unable to work to the traditional 9-5 hour day stuck in a corporate environment so they have turned to Entrepreneurship. The result of which is to carve out their own flexible working business enabled by the advent of digital technology, flexible working culture, easily accessible and affordable business software and multi social media platforms.
These business owners are by driven by necessity to contribute to the family income and be the primary carer. They need to minimise huge childcare costs and utilise their skill sets to stabilise the family economy. This has the added by product of their hard work and ambition providing a great role model for the family.
Mumpreneurs DON’T write mumpreneur on our business cards, websites, branded vehicles and clothing, we DO search and seek out the support and counsel of fellow mumpreneurs that understand the unique set of challenges that running a business around a family can pose.
Being a Mumpreneur is how you find, engage and leverge your support system! It is not written on your business card or listed on your Linkedin profile!
This year alone The Mumpreneurs Networking Club has recorded 4,500 visits from men and women at their meetings and not a single person mentions the word mumpreneur in their pitch or has it written on their business card or marketing material.
They have joined The Mumpreneurs Networking Club because they have found a community of likeminded and ambitious business owners. Here they can find support that empowers them, customers that add to their bottom line and forge partnerships with fellow business owners. This creates opportunities that will increase business visibility and contribute to economic growth.
Being a mumpreneur is a quick way to access support and advice. Being a mumpreneur is what goes on behind the scenes of your business. It is a search term and online filter that can source, find and connect you with likeminded business owners and entrepreneurs that can assist you in your business journey, reduce your sense of isolation and find solutions to your problems.
Every business, large or small needs to create their own trusted network of advisors, leaders, mentors, board of directors and supporters in order to allow their businesses to survive and grow. And most importantly guide them through tough times and help them through economic uncertainty.
Thousands of women in the UK run businesses around a family. Mumpreneur is the term that recognises that unique combination. Running a business around a family has many unique issues that you can only fully appreciated when you experience the daily challenges of this entrepreneurial journey, it is these unique challenges that set us apart from other sectors within the entrepreneurial landscape.
A report in 2015 from economic think tank Development Economics, commissioned by eBay, has evaluated the contribution of “mumpreneurs” to the UK, and found that the sector is growing at an unprecedented rate.
In 2015 mumpreneur led businesses generated £7.2bn for the UK economy and supported 204,000 jobs last year. By 2025, the report claims that the mum economy will generate £9.5bn for the UK and support an extra 13,000 employees, taking the total jobs created by mumpreneurs to 217,600.
The Mumpreneur community across the UK is led and driven by hardworking and ambitious women. It is time to drop the outrage at this business term and work with this unique and talented sector of the entrepreneurial world while recognising the importance of this workforce to the UK economy.
For many the term is like Marmite, if you love it jump right in and if you hate it BACK OFF and let us run our businesses.
There will never be a term that pleases everyone but any business word that can inspire thought, trigger action, create a community and spark positive debate should be welcomed by all #mumpreneurs.
Over and Out
Nicky and Sara – Directors The Mumpreneurs Networking Club and Champions of the Mumpreneur Community