Capital One And Savvy Mommy Victoria Pericon Offer Advice To Help Mompreneurs Earn Their MomBA Outside The Classroom

Business Wire:

Earning an MBA may not be an option for all potential mompreneurs, so the Small Business division at Capital One Financial Corporation, and Victoria Pericon, founder of www.savvymommy.com – an award-winning online resource for mothers, have joined forces to provide mompreneurs-to-be with tips on entrepreneurship in hopes of establishing the next best thing: a MomBA.

A mompreneur is a woman who actively balances the role of mom and entrepreneur. Recent data on women-owned business start-ups, as well as statistics on the number of women returning to their jobs within a year of giving birth, suggest that this trend is not only real, but growing. A recent study from the Center for Women’s Business Research showed that one-woman businesses, the group that most new moms fall into, grew at twice the rate of other businesses between 1997 and 2006 (42% vs. 24%).

As a mother of three and founder of her own Web site and online magazine, Pericon is a proven authority on building a business while balancing the obligations of family life. And as one of the nation’s largest small business lenders, Capital One Small Business is in a position to offer mompreneurs insights on how to make financially prudent decisions to make their business successful.

“The demands of motherhood may not allow many to enroll in business school, but that shouldn’t discourage moms from bringing their business dreams to life,” said Victoria Pericon, Savvy Mommy. “In fact, motherhood oftentimes sparks great business ideas or encourages moms to pursue entrepreneurship as a means of acquiring a more flexible schedule. Therefore, we have pulled together what we think are the core principles necessary to start a small business and wrapped them into five manageable tips.”