Self-employed as a mompreneur!
Balancing family and business: How to master everyday life as a self-employed mother.
Becoming successfully independent
Do you want to start your own business as a mompreneur? We give you tips on how to optimally manage your mompreneur life and support you before, during and after setting up your company.
What it means to be a mompreneur
What does it mean to be a mompreneur? The term mompreneur is a neologism and is made up of the words 'mom' and 'entrepreneur'.
Mompreneurs are mothers who start their own business after the birth of their children and run their own company. It is often a challenge to find the balance between work and family.
We will tell you everything you need to know before, during and after you start your own business.
The pros and cons of self-employment as a mother
There are many advantages to being an entrepreneur and a mother, but there are also disadvantages that you need to be aware of. We are happy to support you in meeting the challenges of self-employment.
Advantages of Mompreneurs
- Flexibility
- Technologies enable home office
- Versatile role model
- Organization and time management
Disadvantages of mompreneurs
- Work-life balance
- Financial risk
- Becoming an “entrepre-mother”
Why you should start your own business as a mom
As a self-employed person, you are your own boss and can determine your own working hours. Becoming a mompreneur gives you a great deal of flexibility. If your child needs its mom or is sick, you can take a break at any time.
Thanks to technology such as smartphones, tablets, laptops and the programs you can install on them, you can not only use your time efficiently, but also manage it and organize yourself. You can also work from home if you want.
With good organization and time management, you can pursue your professional goals and dreams while also fulfilling your role as a mom.
At the same time, you are showing your children that they should pursue their goals and make their dreams come true. You can be a versatile role model for them and show them that they can achieve anything if they put their minds to it.
You need this insurance cover as a mompreneur
As a mompreneur, you must make absolutely sure that you have the best possible insurance cover. Self-employment involves risks. We will show you what you absolutely must bear in mind.
Risks of being an entrepreneur and a mother
Work-Life-Balance
If you run your own business, you will have to invest a lot of time, especially in the beginning. There is a risk that you will occasionally stay in the office longer than planned. For many mompreneurs, managing their work-life balance is a challenge. This can be achieved through good planning, time management and structure, for example.
"Entrepre-Mother"
If you are a real workaholic, there is a risk of going from being a mompreneur to being an “entrepre-mother.” This is not a negative thing if that's what you want. However, before you start your own business, you should be aware of how you want to plan your work-life balance.
Financial risk
In addition, there is a financial risk associated with any self-employment. Not every newly founded company is successful. For example, if you decide to set up a sole proprietorship, you are liable with your private assets without limitation.
Petra's experiences and how you can avoid her mistakes from the start
Petra is a single mother of three children. She worked as a childcare professional for many years and recently lost her job due to restructuring. This is why she felt compelled to open her own daycare center.
Since Petra's financial circumstances are rather tight, she immediately plunged into the start-up, which she carried out without support.
She opted for a sole proprietorship because it was the quickest way to get started and didn't really look into other legal forms.
Her fear of failure meant that Petra put herself under a great deal of pressure, which meant that she was constantly stressed and unable to bring any real structure into her daily routine. It's not uncommon for her to forget her daughter's birthday party and only come home in the evening when the children are already in bed.
She has been so stressed out that she has also forgotten to do a risk analysis, so Petra has not given any thought to how she can avoid risks and where she should take out insurance. When a former colleague brings it up, she is shocked.
She had completely forgotten about it. Her friend explains that as the owner of a sole proprietorship, she is liable with her personal assets and that only a few types of insurance are mandatory for this legal form.
Don't be like Petra!
We will help you to avoid such mistakes from the outset and support you before, during and after setting up your company.
Set up your company now
We provide you with comprehensive support: before, during and after the company formation.
Setting up a sole proprietorship
This legal form is suitable for companies with low capital requirements, a simple structure, sole decision-making authority and where the owner wants to bear the full risk and responsibility.
Setting up a limited liability company
This legal form is recommended for companies with medium capital requirements that want to limit their liability. It is also suitable for companies with several shareholders, a flexible structure and the separation of private and business assets.
Setting up a public limited company
This legal form is recommended for companies with high capital requirements, a broad investor base, flexibility in raising capital and limited liability to the company's assets.
