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Top Tips for Female Entrepreneurs: Find your Tribe!

Female Entrepreneurs are making their mark on the U.S economy and the number of women-owned business is a quickly growing statistic.

Female Entrepreneurs are making their mark on the U.S economy and the number of women-owned business is a quickly growing statistic.

According to a recent report by SCORE:

  • Women own 4 out of every 10 business in the U.S. and are more likely than men to start their own business.
  • In 1972, there were 402,000 women-owned businesses. As of 2018, there are 12.3 million women-owned businesses.
  • The number of women-owned business is up 58% from just 2007

One Maryland mom and entrepreneur has found there is strength in numbers when it comes to running a successful business and has made it her mission to help others find what she calls their “Mompreneur Tribe”.

Anjali Varma is "The Modern Mompreneur".

She is the owner of Kidville, a child enrichment center, in Bethesda, MD and the founder of The Mompreneur Tribe Facebook Group where she helps other business-minded women flourish through monthly meet-ups, an online Facebook group and private coaching.

Anjali believes heavily in the “it takes a village” concept, “When we get these women together it is amazing to me the amount of leads and business that come from just a small group of women coming together and the resource sharing and knowledge.”

When she opened Kidville over 8 years ago, Anjali said she learned quickly how tough it can be to balance work life and family life.

“I did all the construction when I was pregnant with my second child and did my grand opening when my second child was only 2 months old. I was a mompreneur in action. I think as a business owner you are always on and thinking about it all the time so learning how to separate yourself and take breaks was one of the biggest things for me.”

Money Coach and Podcast Host, Jen Hemphill, has found that when women support each other, great things can happen.

“I love networking. The aspect of networking is huge because we can’t do things by ourselves. There’s the saying that we grow as a tribe. And there’s the commonality of being a mom and juggling the things we have with being a mom."

Do you have a great business idea or are building a business? Here are Anjali Varma’s Top Three Tips to remember:

  1. Network! Network! Network! Surround yourself with other business owners that are in the trenches and give you tips. Really get a sense of what it takes to be a business owner.
  2. Use resources! There are so many educational resources available; books, podcasts, online articles, seminars, workshops etc. Arm yourself with all the tools you need.
  3. Find a business coach. Anjali suggests working with a business coach or influencers who can provide the tips that are most effective. It will be a worthwhile investment!

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