They are all over the TV, newspapers and online media; they are mompreneurs, and they prove that it is possible to be both a nurturing caretaker of little ones and a successful business mogul. Here's what is means to be a mompreneur, and why these five moms are getting so much well-deserved attention. (For a related reading, see Keep Working Or Stay At Home With The Kids?) defines a mompreneur as "a female business owner who is actively balancing the role of mom and the role of entrepreneur." It may sound simple, but combining these two very complicated and delicate life roles can be a consuming and stressful lifestyle. Thankfully, there are many examples of those that have accomplished the balance of family matriarch and home-business manager.

IN PICTURES: 8 Steps To Teach Your Partner Household Finances

  1. Sarah Davis,
This mom of four took her love of handbags to the next level by offering gently-used, high-end purses and bags via her online store. Leaving her law career behind, Sarah has found success with her creative and in-demand business. She was recently featured in a Real Mom profile in Working Mother magazine, disclosing that, worldwide, her site has sold "$4.5 million in bags last year." Customers from as far away as Australia enjoy buying brands such as Marc Jacobs, Gucci, and Burberry at deeply discounted prices.

  • Kimber Christensen,
  • Little Sapling Toys
    This mom got her start as a small shop on Etsy, and has enjoyed enough growth for both her and husband Nick to make and sell the Little Sapling developmental wooden toys full time. By having a home office and workshop onsite, this couple can spend more time with their two children, and their love for the environment shows in their business, as well: The toys, finished with natural products and packaged with recycled supplies, are a hit among health and safety conscious parents. Kimber and Nick tell more about their business and life as work-at-home parents at the Etsy Blog, and Kim made Babble's Top 50 Etsy Moms list in 2010. IN PICTURES: Top 6 Marriage-Killing Money Issues

    1. Stacy DeBroff,
    Mom Central Consulting
    While working as a former spokesperson for brands Johnson & Johnson, Ragu, Hasbro, Baby Einstein and others, Stacy realized the power that moms hold in the marketing arena. In 2007, she created Mom Central Consulting as a way to help brands communicate effectively with the average mom. Stacy manages to parent two teenagers when she's not busy overseeing the social media campaigns that connect her brand clients and thousands of real moms, and she is still a go-to expert in the media on topics ranging from technology to bullying.

  • Erin Chase, The $5 Dinner Mom
  • Erin, a mom of three, blogged about her journey to create and share delicious meals that wouldn't cost more than $5 to prepare, and now, she's a popular new author. By offering tips for getting more groceries for less and hints for upping the appeal factor to common dishes, she has earned rave reviews for both her blog and new cookbook, "The $5 Dinner Mom Cookbook." Whether you're looking for something simple, like pulled pork sandwiches, or a scrumptious bacon-wrapped apple chicken dish, she's proven that there is a meal you can make for five bucks - for your entire family. (To learn more, see 22 Ways To Fight Rising Food Prices.)

  • Laura Berg,
  • My Smart Hands
    Baby sign language is a hot topic, as parents strive to begin communicating with their children at an even younger age. Thanks to the teachers at My Smart Hands, Laura's own company, parents can learn American sign language (ASL), in person or online, to speak with infants and the hearing-impaired. Laura is also quick to embrace technology in her mom-owned business; the My Smart Hands baby sign language iPhone app has been well-received among tech-savvy moms and caregivers. This is one mom whose passion for teaching has spread worldwide through a successful start-up with heart. The Bottom Line
    It takes all kinds of moms to create and sustain the brilliant businesses featured here, and with the future continually revealing new markets, there's room for many more mompreneurs. After all, few things are better than those made with love by a mom! (For more, check out our Starting A Small Business Tutorial.) For the latest financial news, see Water Cooler Finance: Goodbye 2010 (And Good Riddance?)

    Related Articles
    1. Entrepreneurship

      4 Things to Know About Your Company To Make a Successful Pitch to Investors

      Learn how to make a successful pitch to investors. Regardless of your industry, size or market, there are some questions all investors need to have answered.
    2. Entrepreneurship

      Top 4 Billionaires Living in Los Angeles

      Learn how these multibillionaires built their fortunes to stand out from the crowd of the countless ultra-rich who call Los Angeles home.
    3. Entrepreneurship

      Creating a Risk Management Plan for Your Small Business

      Learn how a complete risk management plan can minimize or eliminate your financial exposure through insurance and prevention solutions.
    4. Investing Basics

      3 Business Tips from Restaurant Reality Shows

      The reality TV shows "Restaurant Impossible" and "Kitchen Disasters" offer lessons not just for restaurateurs, but for all business owners.
    5. Entrepreneurship

      7 HR Basics for Small Businesses

      Whether or not you are a fan of human resources, every employer needs to know the answers to these questions.
    6. Entrepreneurship

      Identifying And Managing Business Risks

      There are a lot of risks associated with running a business, but there are an equal number of ways to prepare for and manage them.
    7. Entrepreneurship

      4 Most Successful Indiegogo Campaigns

      Learn about some of the most successful crowdfunding campaigns on Indiegogo, which raised millions of dollars for everything from electric bikes to beehives.
    8. Entrepreneurship

      How an Internet Sales Tax Will Affect Your Small Business

      Learn about how the Marketplace Fairness Act may impact small business owners should it pass in the House and what the act requires from business owners.
    9. Entrepreneurship

      Preparing Your Kids to Take Over Your Business

      Most family businesses do not survive in successive generations, but these steps can help ensure that yours will.
    10. Entrepreneurship

      How Gross Margin Can Make or Break Your Startup

      Find out how your startup's gross margin can impact your business, including why a mediocre margin may spell disaster for a budding business.
    1. Do working capital funds expire?

      While working capital funds do not expire, the working capital figure does change over time. This is because it is calculated ... Read Full Answer >>
    2. How does escheatment impact a company?

      In recent years, state governments have become increasingly aggressive in enforcing escheatment laws. As a result, many businesses ... Read Full Answer >>
    3. How much working capital does a small business need?

      The amount of working capital a small business needs to run smoothly depends largely on the type of business, its operating ... Read Full Answer >>
    4. What does low working capital say about a company's financial prospects?

      When a company has low working capital, it can mean one of two things. In most cases, low working capital means the business ... Read Full Answer >>
    5. Can my IRA be garnished for child support?

      Though some states protect IRA savings from garnishment of any kind, most states lift this exemption in cases where the account ... Read Full Answer >>
    6. What types of capital are not considered share capital?

      The money a business uses to fund operations or growth is called capital, and there are a number of capital sources available. ... Read Full Answer >>

    You May Also Like

    Trading Center