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. Professionals

      Small RIAs: How to Level the Playing Field

      In order to compete with larger firms, small RIAs have to get a little creative. Here are a few ways to kickstart growth.
    2. Entrepreneurship

      Top 5 Startups That Emerged in Denver

      Learn why Denver is one of the hottest markets in America for startups, and identify five of the top startups that are emerging from the Denver market.
    3. Entrepreneurship

      How Does ClassPass Work and Make Money?

      Find out how ClassPass makes money, how the company aims to help both businesses and consumers, and why it has been so successful.
    4. Professionals

      What Kind of Insurance Do RIAs Need?

      Advisors spend a lot of time discussing insurance with clients but they also need to consider their own coverage needs as small-business owners
    5. Entrepreneurship

      Top 5 Startups That Emerged in Detroit

      Learn how startups are changing the face of Detroit, a city long dominated by large corporations, and identify the specific Detroit startups leading the trend.
    6. Entrepreneurship

      Top 5 Startups That Emerged in Boston

      Learn why Boston is a hot market for startups, and familiarize yourself with a few of the top startups that have emerged from the city.
    7. Entrepreneurship

      Top 7 Startups That Emerged in Mexico City

      Learn why Mexico City has the potential to emerge as a major player in the startup scene, and identify several companies leading the way.
    8. Entrepreneurship

      Elon Musk Success Story: Net Worth, Education & Top Quotes

      Read more about Elon Musk, the South African immigrant turned technology and engineering entrepreneur and inventor worth $13.6 billion.
    9. Stock Analysis

      How Rollins Inc. Transformed from Radio to Pest Control

      Discover how Rollins, Inc. grew and expanded, making numerous acquisitions, transitioning from the radio industry to the pest control industry.
    10. Markets

      How TheSkimm Works and Makes Money

      Obtain information on the popular news digest newsletter, theSkimm, and understand how email newsletter publishers generate revenues.
    1. Venture Capitalist

      An investor who either provides capital to startup ventures or ...
    2. Enterprise Investment Scheme (EIS)

      A UK program that helps smaller, riskier companies to raise capital ...
    3. Per Transaction Fees

      An expense a business must pay each time it processes a customer’s ...
    4. Operating Cost

      Expenses associated with administering a business on a day to ...
    5. Freelancer

      A freelancer is an individual who earns money on a per-job or ...
    6. Donation-based Crowd Funding

      Donation-based crowdfunding is a way to source money for a project ...
    1. 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 >>
    2. How do alimony and child support factor into my taxable income?

      The Internal Revenue Service, or IRS, applies a different tax treatment to alimony than child support. Most forms of alimony ... Read Full Answer >>
    3. Can I buy insurance to reduce unlimited liability in a partnership?

      Partnership insurance is actually quite common. Most of the time, partners buy insurance to safeguard against the possibility ... Read Full Answer >>
    4. What are the benefits of financial sampling?

      Financial sampling allows auditors to approximate the rate of error within financial statements. For accounting purposes, ... Read Full Answer >>
    5. What are the benefits of prorating expenses?

      When a person prorates expenses between personal and business expenses, he is able to capture the maximum amount of tax benefits ... Read Full Answer >>
    6. What are the responsibilities of the principal in a company?

      Principals have different roles depending on the nature of an individual business, but the universal responsibility of a ... Read Full Answer >>

    You May Also Like

    Trading Center

    You are using adblocking software

    Want access to all of Investopedia? Add us to your “whitelist”
    so you'll never miss a feature!