Woman on an Apple computer
Blog
 

This statistic from The Sunday Times highlights the shocking cost of childcare in the UK. A mother with two children at nursery needs to earn at least £40k a year to make any profit from going to work. And that's not even taking in to account the stress of commuting, dealing with days when the kids are off sick, and paying for top up childcare during school holidays. Many highly talented professional women are being pushed out of their careers because of this. How is this fair?

Statistic of the week

Prior to having children I worked in Television Production, and I faced the very same dilemma of having to work out whether it made sense financially to return to work. Especially when it would mean not being home to put the kids to bed, or attend school plays. If you end up only breaking even after the cost of childcare, is it really worth it?

For some, it absolutely is, as their career is an integral part of their lives and they shouldn't be forced to give that up after having children.

However, for anyone out there who is wondering if there is an alternative - I'm here to tell you that there absolutely is. There is a huge surge of incredible women setting up businesses after having a family. They are taking their future in to their own hands, creating their own economy and enriching the society we live in.

You may not earn the same salary in the early years of setting up your own business, but without doubt you could have a better quality of life, for yourself and for your family.


It's never too late to re-skill and re-invent yourself as an entrepreneur!

Erin x

 

Subscribe to the Newsletter

 

If you love hearing from experts and learning new skills, The Cocoon is for you!

The Cocoon

The Cocoon is the inner sanctum of Making Mumpreneurs, a close knit support network and highly engaged community. Myself and my team of resident experts are on hand to answer questions and help you on your entrepreneurial journey. Membership is available as a yearly or monthly subscription.

 

Find out more

 
  • The Cocoon was a vital support to me as I got ready to launch my business. Everyone is so supportive and keen to help, not just the panel members (who are great!) but all the members as well. There’s a real feeling of ‘sisterhood’ on there, with mutual encouragement and bags of useful advice and support. Through the Cocoon I was guided through the decision of whether to set up Amazing Futures as a limited company or as a Sole Trader.

    I also received crucial advice in setting up contracts and financial systems.I love the monthly training calls, have just enjoyed the PR masterclass and feel that it’s a very low cost way to keep up your knowledge and learning. It’s a cosy environment where you feel comfortable posting any sort of questions relating to your business. Highly recommended!

    Felicity Sandford, Amazing Futures Ltd

  • I joined The Cocoon because one of the things I've really struggled with since setting up my own business and working from home are the feelings of isolation. I am a really social creature and although I am loving being an entrepreneur there are just times that I'd like to chat to people and ask advice, especially from women in the same situation as me. Since joining I've loved the fact the environment is so supportive, Erin incredibly knowledgeable as are the resident experts. I now feel that I get the best of both worlds, I am able to enjoy all the things that are amazing about working for myself from home safe in the knowledge if I come up against a stumbling block I can ask the ladies in The Cocoon for help. I can't recommend it highly enough - join up as soon as you can!

    Tara Vachell, Krav Maga

 
Back to top