Millionaire Moms: From MOM To CEO

CNN Money:

While raising children may seem far removed from the world of big business, some women prove that motherhood can be more valuable than an MBA.

In fact, motherhood skills can be successfully translated into building a successful business, according to Lori Kiser-Block, the president of FranChoice, a franchise consulting firm.

Although starting a business generally requires a hefty time commitment, especially at the outset, “it helps if you are organized and methodical,” Kiser-Block said, “which is typically how mothers are when raising kids.”

In addition to possessing a great degree of stamina, “a lot of mothers also manage the household budget and are the social networkers,” said Tamara Monosoff, CEO of Mom Inventors and author of Secrets of Millionaire Moms ($16.95, McGraw-Hill). “And all of those skills are transferable and absolutely necessary for a successful business.”