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Persistence is Key to Success to Moms’ Entrepreneurship : Galit Zamler

2019 January 16
by Annie Wallace

Persistence is Key to Success to Moms' Entrepreneurship :This article is the beginning of hopefully ViralMom’s series sharing mom entrepreneurship stories. If you want to be featured, please submit your answers here.

Today we are featuring Galit Zamler, a business and social entrepreneur, an advisor, and lecturer on entrepreneurship education.

Read Galid’s great blog: read more…

How Blogging Helps Moms in Generating Income

2018 December 4
by Annie Wallace

Getting into a long-term relationship is never easy. Especially if you are married, know that you will have to sacrifice many things either voluntarily or involuntarily. I never like being financially dependent on anyone even on my husband. Before my marriage, I was a very passionate and career oriented woman but after my marriage, I had to quit my bank job to stay at home with my children. I was very sad when I had to kiss my one and only personal source of income goodbye.

Compromising on my financial independence was never an option for me so I decided to change my career and stepped into blogging. Among all other online money making methods like drop shipping, freelancing etc, blogging has become a piece of cake because of sites like WordPress and Blogger. Remember though, building a blog is easy but turning it into a moneymaking machine to generate a five-figure income is not only difficult but challenging as well. read more…

Should You Hire Family Members on Your Small Business?

2018 June 15
by Annie Wallace

Hiring a family member to work with you on your small business can be rewarding on a relationship level and on a business level. It’s always dicey to mix business with loving relationships, though. Misunderstandings due to the nature of the business world can lead to animosity that could last for years.

You have to weigh the potential discomfort of bringing the family business home with you on the holidays against the good will you could generate by hiring a relative. As more people find themselves without work during this recession, small business owners feel more pressure to help their families out by giving a job to a brother, sister, aunt, uncle, or other relative who has lost a job. read more…

The Top 10 Entrepreneurs Of The Decade

2017 June 21
by Annie Wallace

The past decade has produced so many fantastic entrepreneurs that it is hard to choose which ones are the best.  I have split it into two categories.

I am going to start with the top young entrepreneurs of the decade.

1. Andora Svitak aged 12 has published two books and she has spoken at over 400 schools.  This young lady has been on Good Morning America and on CNN.  She has even started her own magazine Girlpez.  She is the youngest magazine publisher in the world.

2. Phillip Harman aged 15 won the 2008 Young inventor of the Year award for his invention which was a system that fuses optical fibers.  He is possibly going to the greatest inventor of our centaury as he continues to invent. read more…

Guilt Trip, but Who’s the Jury?

2016 November 14
by Annie Wallace

When you are running a home, family, looking after children and running your own business at the same time…well, there are some tough choices to be made sometimes.

As a man, I am not supposed to be as good at multi-tasking as women.  Yup that sums it up.  How do you do it?

As a single dad, I experience what single working mums and many mums with partners experience.  Guilt.

I feel guilty when I don’t pay my daughter the attention she demands, I feel guilty when I notice the layer of dust on the mantelpiece, I feel guilty when I see this morning’s breakfast dishes still in the sink at dinner time and I feel guilty when I am not at my computer or on the phone to a client.

What should we do about these feelings of guilt.  There seem to be two course of action.

Direction #1 – find a Birch tree, cut a low hanging, whippy branch, cut near the trunk…you got it, reach over your shoulder with it and beat until you draw blood.

Direction #2 – get over it! read more…

Women in Business: Helping or Hindering Their Own Careers?

2016 July 11
by Annie Wallace

Very few men network with others, trying to answer the question, “How can I balance home and work?” As much as laws and society have advanced their thinking and attitudes, women are still held accountable for generating income and running a household. Many males still hold the “breadwinner, hunter and gatherer” roles for themselves even if out-earned by their wives. Unfortunately, the attitude is seemingly affecting women in the workplace as well.

In 2010, an economic committee reported findings that corporations with women in the upper echelons out-performed competitors more often than not. The report draws special attention to key elements that contributed to the corporation’s success—team-building, collaboration and mentoring. read more…

The Value Of Forex Trading For Stay-at-Home Moms

2014 March 12
by Annie Wallace

forexmomIf you’re a stay-at-home mom, then you may feel like you’re working a full-time job without any pay. Everyone knows how difficult it is to tend to the kids and the household duties every day, and it can also put a strain on your budget. There are a lot of options to make quick money on the internet.

You can take paid surveys, sell items on Craigslist or eBay, or any number of things that can be tedious or not as lucrative as advertised. Many stay-at-home moms have started turning to Forex trading to add a little extra income to their bank accounts. read more…

To The Other Side! When To Move From Freelancing To Employment

2013 November 26
by Annie Wallace

back-workTo most people working the corporate 9 to 5, the idea of being a freelancer sounds like a dream job. You can work outside in the sun if that strikes your fancy, or even next to a pool. You can start work at 5AM or 10 AM, no one is waiting for you to punch in. You can choose your clients and control your own business. It sounds like every working person’s fantasy!

Unfortunately, every silver lining has a dark cloud inside. For some, the idea of freelancing might be more appealing than the actual job itself. Some people find that, once they move to freelancing they are suddenly working more than ever before and earning less. Where they thought they would have more time to spend with family and friends, they now have to work evenings and weekends just to make ends meet. In between all the hours of work, there is still marketing yourself, building a client base, networking – it’s enough to make one wish for a holiday, except as a freelancer you don’t get paid holidays! It seems safe to say that freelancing might not be everyone’s cup of tea. So, when would you be better off in an employed position? read more…

Scams: What To Watch Out For While Working From Home

2013 November 13
by Annie Wallace

work-from-home-scamsThese days it seems that everything is online. From ordering gifts to downloading movies, the internet has become the go-to marketplace for anyone looking to stay connected.

Now, it’s not just internet comedians and Nigerian Princes who work online; the internet has provided plenty of opportunities for you, the working woman, to increase productivity and cash flow.

Unfortunately this world wide forum has provided plenty of unsavory criminals with the tools necessary to scam lots of people out of money. Even though everyone by now has heard of the Nigerian royalty scam, there are plenty of other scams to watch out for as you begin to foray into working from home. read more…

The Pros And Cons Of Running A Family Business

2013 October 29
by Annie Wallace

family-businessRunning a family business can be a great opportunity for you and your family.  It can be a source of income as well as a legacy that you can pass on to future generations, but it does come with some risks as well as rewards.  While stability is a great reason to start a family business, as you can see in the example set by Alexander Bouri and Seament, it can also be a source of conflict within your business and family.

PRO: It Instills a Sense of Stability in Your Investors

Whether you’re a publicly traded Fortune 500 company or a small-town company, when investors are interested in funding your company, one of the things they’re usually looking for is a sense of stability.  When you have a clear line of succession, it can help put the investor’s mind at ease. read more…