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Have you ever wondered how much mums who own their own businesses contribute to the economy, or what makes them so successful?

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Mum Magnates - 2008 Research

The Juggling Act - 2007 Research

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Mum Magnates - 2008 Research

Following research from Yellow Pages last year, which established that mums who run their own businesses contribute £4.4bn* to the UK economy, Yell.com decided to investigate what makes a business mum such a success. Why do mums make such good business leaders?

By surveying 200 business mums, Yell.com - the online service from Yellow Pages - has revealed the underlying motivations, challenges and skill sets which drive entrepreneurial mothers every day. You can download the full 'Mum Magnates' study below.

 

 

 

*Figure based on the average turnover of 224 business mums surveyed by Yellow Pages in 2006 (£26, 323) multiplied by the number of self-employed mothers working from home (167, 353 according to 2006 figures from the Labour Force Survey).

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Your Comments

I've been in business for a year now, running Generation One magazine - a local parenting magazine in Hull and East Yorkshire. I started the magazine because I had no support network after the birth of my son, Charlie and I realised lots of other Mums are like me - in their 30s, away from their families and with their friends working full time.

My advice would be to not be afraid of being yourself, warts and all. I started off thinking I had to wear a suit and act like a candidate for The Apprentice. I've learned that respect for others and good relationships lead to good sales - not any magic hard sell formula. The magazine has gone from strength to strength because other people recognise what I feel. Sometimes you need to stand up and be counted. It's scary, but it's not all about numbers, running a people business is incredibly valuable too.

Claire Boynton, Hull