Becoming a Mumpreneur
Yasmina Siadatan, former Creative Director at Start Up Loans, discusses being a working mother:
"Being a mother of two young children and working full time I understand the pressures working mums are under on many levels. I’m truly passionate that being your own boss is a real and viable solution to the practical and emotional issues facing women who need to bring an income into the household.
"Start Up Loans encourages returning mothers to become “Mumpreneurs” for many reasons. Firstly the flexibility of being your own boss lends itself perfectly to being a mother. Also you can choose your industry.
"If you are going to leave your children for hours a day it needs to be for something rewarding and enjoyable. I would argue there is nothing more rewarding as being your own boss, and choosing your industry."
Why mums are good business owners
"We have heard time and time again that returning mothers make great entrepreneurs and business owners due to skills such as timekeeping, pressures to support your children and the often high skill set many women in the 30s have accrued over the years.
"While all this is valid and true, I would like to bring a new dimension to the argument. Many women have little alternative.
"Part time jobs rarely exist and childcare costs often mitigate the financial incentive of working full time, so being your own boss is now often a better choice, if indeed you are lucky enough to even have the choice.
"Now is the time to take your skills as a mum and channel them into creating something special, your own business!"
Learn with Start Up Loans and help get your business off the ground
Thinking of starting a business? Check out our free online courses in partnership with the Open University on being an entrepreneur.
Our free Learn with Start Up Loans courses include:
- Entrepreneurship – from ideas to reality
- First steps in innovation and entrepreneurship
- Entrepreneurial impressions – reflection
Plus free courses on climate and sustainability, teamwork, entrepreneurship, mental health and wellbeing.
Disclaimer: The Start -Up Loans Company makes reasonable efforts to keep the content of this article up to date, but we do not guarantee or warrant (implied or otherwise) that it is current, accurate or complete. This article is intended for general information purposes only and does not constitute advice of any kind, including legal, financial, tax or other professional advice. You should always seek professional or specialist advice or support before doing anything on the basis of the content of this article.
The Start-Up Loans Company is not liable for any loss or damage (foreseeable or not) that may come from relying on this article, whether as result of our negligence, breach of contract or otherwise. “Loss” includes (but is not limited to) any direct, indirect or consequential loss, loss of income, revenue, benefits, profits, opportunity, anticipated savings, data. We do not exclude liability for any liability which cannot be excluded or limited under English law. Reference to any person, organisation, business or event does not constitute an endorsement or recommendation from The Start-Up Loans Company, its parent company British Business Bank plc, or the UK Government.
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