Mumpreneur networking group Motivating Mum is gearing up for the finale of its Brilliant Biz Mum Awards, which are taking place in Melbourne next week.
An ever growing number of Aussie mums are ditching the stresses of a 9-5 job and starting their own business. In Australia, women own 585,000 of the 1.9 million small businesses, making it the fastest growing sectaor in the Australian economy. According to the survey (Motivating Mum 2015)more than 45 per cent of women run their businesses from home (a 20 per cent increase in the last five years).
Owning and running their own business gives mums the flexibility to be there for the kids, as well as have more independence, focus and drive. However, like other small business owners, mumpreneurs often have to overcome issues such as loneliness, isolation and potentially, depression. According to the survey, almost 40 per cent of mums admitted that they were nearly or always alone. A staggering 70 per cent of respondents stated that they rarely, if at all, received any positive reinforcement or feedback on their performance.
“With the rise of Mumpreneurs', it is critical to not only maximise the benefits that come with these new work norms, but also ensure that the social connection of the traditional workplace is not lost,” Justine Alter from Transitioning Well explains. “Research shows that for those who work from home, loneliness is on the increase with a link to psychological and physical ill health. Culturally, we need to be addressing these factors by providing much needed support.”
This need to better support mumpreneurs led to Motivating Mum, one of Australia’s leading networking groups for mums in business, establishing its annual Brilliant Biz Mum Awards. With this year’s Awards taking place in Melbourne on May 9, Founder Alli Price said the Awards aim to give mums who run their own business the recognition they deserve and need.
“When I first started out, I had a newborn and a fledgling business and had gone from travelling and working in Hospitality to being alone – a lot,” Price recalls. “It was a very lonely and difficult time and I had no-one to give me feedback and tell me I was doing a good job. I developed the Awards to celebrate and showcase the outstanding hard work, determination and achievements of many mums in business across the country.”
For more information on Motivating Mum and the Brilliant Biz Mum Awards, visit www.motivatingmum.com
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