Browsing Category

Corporate

for biography filtering in grid

Career Children Corporate Family Finance Household Money Success Women Work Work at Home Work-Life Balance Working Mom

With Spring Showers Comes the ‘She-Cession’: Keeping the Plates of Working Motherhood Spinning in the Midst of a Pandemic

Inspired by Maria Shriver’s investigative report for 3rd Hour Today, The State of Women: She-Cession.

The month of March typically fills our calendars with the return of spring weather, spring-cleaning, spring training and spring break, but this year, March also marks one year since the World Health Organization declared the coronavirus pandemic.  While we typically welcome the renewal and recharging that comes with spring, this year, many of us are instead reflecting on the insurmountable challenges and changes presented by the last year, and by the pandemic.  One of these challenges and changes has even coined a new name –the ‘She-cession’—plaguing American women, mothers, and caregivers and costing the United States an estimated “64.5 billion a year in lost wages and related economic activity” according to the Center for American Progress (CAP).  As we prepare spring break plans, however different they may look, we continue spinning our countless caregiving and career plates but to what end?  The pandemic’s effects are taking both economic and personal tolls, and they are hitting women the hardest.

In a recent report conducted by the CAP, findings show that women have lost a net of 5.4 million jobs as a result of the pandemic-induced recession, nearly 1 million more jobs than their male counterparts, and Black and Latina women have experienced a 50% higher unemployment rate than the national average according to the U.S. Bureau of Labor Statistics.  While women are experiencing the benefits of workforce trends that have emerged in the last year like working remotely, they continue to shoulder the majority of domestic duties.  In fact, working moms are 1.5 times more likely to report an additional 3 hours a day on domestic ‘chores’ like supervising their children’s remote learning –practically another part-time job, and an unpaid one at that. As a result, the most recent Women in the Workplace report found that for the first time, 1 in 4 women are considering stepping out of the workforce or downshifting their careers.  The outcomes of the ‘She-cession’ are nothing short of disastrous—jeopardizing huge strides made toward gender equity in the workplace, lifelong effects on skills and earnings potential, and a significant impact on women’s mental and emotional health.

So what do we do? How do we solve problems as great as women living in their cars to afford care for their aging parents after losing their job? How do we pay the estimated $1 trillion bill of unpaid labor performed by women in the home? Girls Who Code CEO Reshma Saujani is proposing a “Marshall Plan for Moms” that would ask Congress and the White House to support working mothers by implementing multiple policies that would address problematic parental leave plans, stabilize the child care industry and pay $2400 monthly to mothers to for their unpaid labor.  Issues like these, according to Saujani, who has garnered the attention and support of many working moms including celebrities, are forcing the hand of working women and mothers, “We aren’t choosing to leave the workforce, we’re being pushed out”.  There is hope.  The Biden administration is already reviewing the “Marshall Plan for Moms” and has already backed several of its initiatives such as family leave and subsidized childcare.

As working mothers, we embody empathy, compassion, interpersonal skills and the ingenuity required to care for, teach, and respond to the ever-growing needs of our children and our families.  Let’s come together and take action to utilize these talents and advocate for ourselves, our families, our world and our place in the workforce.

Find valuable resources, support, and action steps toward advocacy at the California Work and Family Coalition.

Career Corporate Dream Big Finance Goals Money Success Uncategorized

Success Can Look Like a Number, Especially if it’s 6-Figures

As a community of women who have come together with the same common goal of enhancing our lives, we each have our own individual WHY that keeps us progressing forward toward that goal.  And, while we each have our own perspective of success that we aspire to achieve, we all agree that attaining six figures as mothers is nothing short of life changing.  As we come together to empower one another with real stories, real inspiration, and real resources, we find ourselves asking, how many women in the US have actually reached the ‘big exhale’ on the other side of earning six-figures? And, perhaps more importantly, how can we help more women experience that same success, stability, and sense of peace that comes with the ‘6-Figure Safety Net’ for themselves?

In a recent study conducted by SmartAsset, experienced financial writer and CEPF®

Ben Geier states, “Fewer than one in every eight female workers in the U.S. are six-figure earners”.  This means that throughout “the largest 100 U.S. cities, the average percentage of female workers who earn at least $100,000 is less than 12%”.  When considering the data, initially it may seem as though, as women, we’re making significant headway in achieving financial security and success, but with a closer look, it becomes obvious that we still have a long way to go in shattering those ever-elusive glass ceilings.  According to Kristin Myers, reporter for Yahoo Finance, in IRS reported figures for the tax year 2016, “of the 9% [of the population] earning at least $100,000 or more, more than twice as many men earn a six-figure salary than women”.

That should not sit well with us, particularly when we consider that leading non-profit organizations like Heifer International, know and practice what we already know intuitively as successful women and mothers: “when women have control over their assets and incomes, they reinvest in their families”.  That is wildly powerful.  The ‘6-Figure Safety Net’ is more than a number, and it is more than a goal we set for ourselves; achieving six-figures means modeling for our community and our children that financial security is a pathway to ending significant global issues like hunger and poverty.  And when empowered women, particularly mothers, have both financial and social capital, “Everyone eats more nutritious food. Kids go to school. Families get better access to health care” and, as further affirmed by UN Women, they begin to have “control over their own time, lives, and bodies; and increased voice, agency and meaningful participation in economic decision-making at all levels from the household to international institutions”

We have work to do: for ourselves, for women, for our children and for our communities.  Attaining a higher salary provides us with financial independence in the short term, but also allows us to pursue long-term financial goals and to make significant strides forward for humanity and equity.  On the heels of a particularly devastating year, it is more important than ever that we enable and empower women to chase after, and to achieve a six-figure salary.  Over “thirty-one percent of both millennials and Gen X-ers [don’t] believe they [will] ever achieve a six-figure salary”.  Let’s change that narrative starting within our own homes.

 

Corporate Dream Big Finance Freedom Uncategorized Women

I just have always believed in entrepreneurship!

We recently had the opportunity to catch up with Miriam! She owns a successful vacation rental business in Victoria, B.C. Victoria is a capital city located on Vancouver Island. Miriam has always had a love for working with people, along with being an entrepreneur. Read on to learn why Moms Making Six Figures was the perfect fit for her!

Can you tell us a little about yourself and your career background?

I’ve always considered myself a transformation coach. I love anything to do with helping others be their best selves and seeing change for the better! In my corporate career, I worked as an Account Executive with Franklin Covey enjoying 3 tenures over 20 years. In this position, I would help senior-level executives, directors, and business/organization unit leaders to increase productivity, help with business execution, leadership and employee performance improvement. Alongside my amazing corporate career, I have always had a “side-gig.” It’s always been important for me to have multiple streams of income and I love being an entrepreneur. From the time I was a little girl, I had a newspaper route and sold Regal gifts. I just have always believed in entrepreneurship.

After I retired from the corporate world, I started a vacation rental business. I own four properties and manage another for a client, as well. For a long time, I had a dream of owning a Bed and Breakfast, so this business is the perfect way to fulfill my dream and welcome guests to our beautiful city of Victoria, B.C. I see guests from all over the world and feel very blessed!

How did you first learn about Moms Making Six Figures?

About a year and a half ago, one of my friends reached out to me and introduced me to the Moms Making Six Figures Team. After learning about the company and their mission to help others lives healthier lives, I was very intrigued.

With my vacation rental business, I always ensure guests visiting my properties have everything they need. From seasonings to cookware, laundry soap and much more, all my guests need to pack is their clothing. Making sure that my properties had safe products was a top priority, so partnering with Moms Making Six Figures just made sense.

Although partnering with Moms seemed to make sense, did you have any initial reservations?

At first, I was hesitant to join the Moms Making Six Figures team because I had been pouring so much energy into my vacation rental business. After I spent some time getting familiar with the company, everything truly seemed to fall into place. My business was doing extremely well, I felt financially secure, but I started to miss some aspects of having a side-gig. I also missed being able to work with people like I did in my corporate career…

I woke up one day and it kind of dawned on me that working with Moms Making Six Figures would add so much to my life. I would be helping people, goal setting and continuing to nurture my entrepreneurial side! I couldn’t be happier that I decided to take the plunge and work with this amazing team of women.

 

Corporate Goals New Year’s

Goal Setting Versus Goal Achieving, What’s the Difference?

New year, new you – right?

With the new year already upon us, the season of goal setting has arrived. We all have a list of things we want to achieve in our lives, and the new year always seems like the perfect time to start. While our intentions are good, achieving these goals becomes another task altogether.

If only it were as simple as saying, “I will.” Maybe then we’d go to the gym for the entire year instead of stopping in February. Unfortunately, it’s not that easy. The purpose of setting these goals is to actually achieve them—and in a way that will have a permanent, positive effect on our lives.

Setting goals, whether long-term or short-term, is always a good idea. They help you focus, give you direction, and can be used to gauge whether you’re actually making progress in your life. The reality is, though, that unless you put a concrete plan into place and have some accountability to hold you to that plan, it’s unlikely that you’ll actually achieve those goals.

It’s time to take your new year’s resolutions to a whole new level. This time, you can and will achieve your goals! Here’s how.

The Art of Goal Achieving

1. It’s All in the Planning

First things first: set goals that are SMART (Specific, Measurable, Attainable, Realistic, Time-bound). If you’re like me, you’re probably all too familiar with this concept in the business world—you may even apply it often in your corporate position. Why not apply it to your life goals as well?

Apart from setting goals, you actually need to develop an action plan for achieving them. For example, as busy corporate women and mothers, one of our main goals may be to spend more time with our children and spouses. Although it may be truly what you want, and ultimately your end goal, what steps will you take to make it happen? Take your goal and break it down into smaller, actionable steps to help you visualize how you’re actually going to achieve it. For example, you might:
Hire a babysitter once a week for date night with the hubby
Schedule regular outings with each of your children to enjoy dedicated quality time with them individually
Institute a family game night with a media-free zone to keep you and your kids off their phones for an hour or two of old-fashioned family fun
Plan a 5-day family vacation and actually use some of your vacation days

Look at setting SMART goals as the what and planning them as the how. Knowing what you want is easy, but the key to sticking to and achieving your goals lies in the planning.

2. Find an Accountability Partner

Sometimes, the mind is willing but the flesh is weak. Telling someone your goals and plans to achieve them can go a long way in ensuring that you actually reach them. It’s much easier to give up on a goal when no one else knows about it. That said, there are also times when you may be too hard on yourself. Holding yourself accountable can be a tough job when it comes to achieving your goals, and that’s where an accountability partner can help:

Review Your Progress: What did you do well this week? What went wrong? What did you learn? Answering these questions in a conversation with your accountability partner can help you refocus, and your partner can provide advice and suggestions, gently pointing out your areas of weakness and helping you find ways to overcome them.
No More Excuses: When difficulties arise or laziness sets in, many of us are great at coming up with reasons why we can’t stick to our plans. For example, if part of your goal of being more organized is to meal prep the kids’ lunches the night before but you’re feeling a little too lazy, you may end up telling yourself you’ll do it in the morning. If you have an accountability partner to answer to, you’ll think twice before abandoning your plan so easily—and you can even call them when you’re feeling tempted to go rogue!
Someone to Celebrate With: It’s not about pointing fingers and making you feel ashamed of yourself. Your accountability partner is also there to help you celebrate your successes, no matter how big or small. The road to achieving your goals should be motivating and fun, so let their enthusiastic support build you up along the way!

3. Don’t Be Limited by Your Options

Sometimes, when faced with difficulties, it can be tough to see the light at the end of the tunnel. That’s when we tend to give up on our goals. Instead of abandoning your dreams altogether, take the time to explore other ways around the obstacle you’re currently facing. For example, say your goal of spending more time with your children is being jeopardized by your demanding corporate job and it seems like there’s nothing you can do about it. Have you considered leaving your corporate position and giving a completely different career path a try?

Goal-Achieving and Being a Mom

As moms, we often put the needs of our family before our own. This frequently results in our own aspirations falling by the wayside.

You CAN achieve your family goals and individual goals.

By making the change to working from home, you’ll enjoy infinite benefits—including the ability to pursue personal goals and family goals. One aspect of your life no longer has to suffer because of another.

If you’re interested in seeing your goals through from start to finish, Moms Making Six Figures can help you get there. Visit our website momsmakingsixfigures.com or call us at (858) 837-1505.

Corporate Time Work at Home

Is Time Your Friend? How to Move Towards the Life You Want!

Do you ever think to yourself, “Is this it?”

Wake up. Go to work. Come home. Play with the kids. Eat. Sleep. Repeat. Does this sound like your life?

On the one hand, routine is somewhat of a necessity in the life of a corporate mom – it helps keep the ship moving. On the other hand, there is the danger of never getting the chance to reach our full personal potential, and that routine becomes a rut.

As mothers, we are ready to do anything for our family, even if it means staying in a job we hate or find unfulfilling just so that we can pay the bills. Your intentions may be honorable, but eventually you will find yourself stuck in a seemingly endless cycle that leaves you feeling as though you’re not in the driver’s seat of your life. Instead, you are running endlessly on a hamster wheel. Days go by and blur together. Before you know it, a year has passed and nothing has changed. The goals you once had now seem impossible to reach.

Life can throw some unavoidable curveballs at you, and it may seem like you have no control over it – but most of the time, you do! Here’s how you can break that cycle:

Change Your Thought Process

This is YOUR life. Instead of wallowing in negative thoughts, take the time to acknowledge that yes, you may not have achieved your original career aspirations, but you can still do something about it. Sometimes things happen and it’s not always your fault, but it’s never too late to change your situation.

Psychologists suggest counterfactual thinking. This goes a step further than positive thoughts. For example, let’s say you’re not progressing because the job you have doesn’t pay enough and you are always behind on your bills. One way to look at it would be, “At least I have a job.” However, this will not prompt progress. Instead, shift your thought process to, “What can I do better?” or, “What solutions are available to me?” This type of thinking is known as solution-based thinking, which prompts action and progress.

Identify the Difference Between a Rut and a Routine

Do you remember what happened yesterday? Can you recall your feelings or what exactly was going on around you as you went through your day? If not, chances are you’re in a rut. Ruts tend to put us in “zombie mode” – simply going about our day zoned out and out of tune with ourselves and the world around us.

Snap out of it! Change your routine for a week and see what that does for you. This might look like taking a morning walk before you leave for work, getting up 15 minutes early to write in your journal, or ordering takeout one night and devoting the time usually spent cooking to a fun family game night. Slight alterations in your daily schedule will help you become more aware of yourself and your surroundings.

Leave Your Comfort Zone

“A ship in harbor is safe – but that is not what ships are built for.” – John A. Shedd

You may not feel fulfilled in your current job, but it feels safe – in a way. It pays the bills and offers some sort of stability for your family. Understandable, but what is it costing you?

Leaving your corporate job may feel scary. If you’re not ready to take the leap, start small.

Conquer Your Fears. New professional opportunities often loom so big they’re completely overwhelming, causing us to freeze up instead of taking action. Exploring your options doesn’t have to be a big deal. Have you always loved playing with images and graphics? Enroll in a graphic design class at your local community college. Have you always had a knack for sales and marketing and think you might want to go solo? Get your feet wet by joining a local professional association or meetup that’s focused on marketing. Want to spend more time at home with the kids? Take a week off work (use some of those sick/vacation days for once!) and give staying at home a try – it’s the perfect way to find out if you love it or hate it! It might be freeing, or it might be tedious – but at least you’ll know.
Stop Talking and DO it. Write that book. Go on that vacation. Take that dance class. Say YES to other interests in your life beyond work.

Work Smarter, Not Harder – Become a Work-at-Home Mom

The daily rat race may leave you feeling as if there simply aren’t enough hours in the day to get your work done and make time for the family, or even yourself. The truth is, time is limited. We all only get 24 hours in a day. Rather than regarding time as your enemy, turn it around and make time your friend. When you live a fulfilling life, everything else falls into place.

If your current job doesn’t fit your ideal rhythm, it might be time to explore other career options. Forget the excuses: working from home may be the solution you’ve been looking for. We at Moms Making Six Figures can help you make time your friend by moving towards the life you want. For more information about getting started on the path to your best life, call us at (858) 837-1505, or visit our website at momsmakingsixfigures.com.

Corporate Family Women Work at Home

What are Corporate Women Seeking? Balance!

It’s tough being a mom and excelling in the corporate sphere without compromising on family time. Let’s face it, when you have a high-pressure job and a team of people depending on you, missed family dinners, arriving home after bedtime, and traveling often—even over the holidays—often become the norm despite your best efforts otherwise. Before you know it, the work-life balance you were striving for goes out the window! That’s why more women today are leaving corporate America and opting to work from home.

We get it: Being a mom is more than just a full-time job, it requires you to be on-call and readily available 24/7—to nurse your children during that unexpected 24-hour flu, pick them up from a sleepover when they get homesick before the “sleep” part happens, stay up late with them to finish their science fair project—the list goes on. We also understand that most of us can’t just quit a six-figure corporate position with all its perks to stay home full-time and bring in zero dollars in income. That won’t support your family’s needs either!

Working from home is an amazing alternative to a full-time corporate job that actually allows you that balance that you’ve been seeking for so long. While working in your PJ’s may sound appealing (at least for the short term—trust us, it gets old after a while!), there’s a lot more to look forward to when you’re a work-at-home mom.

1. Set Your Own Schedule

Gone are the days of the 9 to 5 (usually longer) routine that forces you to miss out on your children’s lives. This time, you set your own working hours. This may not necessarily mean that your days will be shorter, but it does mean that you are now flexible enough to work at whatever time suits you best without compromising on family time. Are you a night owl? Well, now you can get in a 4-hour chunk of work during your peak hours after the kids are tucked in bed!

2. Work-Life Balance

With flexibility comes the work-life balance we all strive towards. The corporate world may cater to your career goals, but at what cost? As a work-at-home mom, you’ll not only be able to provide for your family financially, but you’ll have the time to focus on your family and yourself as well. Success is not only measured by your position on the corporate ladder, but by other aspects of your life—such as family, self-care, and friendship. Not to mention how you feel about yourself at the end of the day. Let go of that mom guilt once and for all!

3. Be Your Own Boss

Fed up with taking orders from someone day in and day out? As a work-at-home mom you call the shots. The skills you developed in the corporate world may still apply, but being your own boss forces you to develop a new set of skills that come with having to make decisions on your own, and that in itself can be very fulfilling. As the one who calls the shots, you’ll soon find yourself making swifter and smarter decisions, and you’ll develop savvier leadership skills. Plus, there’s the added bonus of being able to take time off whenever you want and not having to answer to anyone but yourself. That’s one perk that most women in the corporate sector cannot claim!

4. Potential for Limitless Income

No matter how hard you work and how far up the corporate ladder you climb, there will always be a limit to your income. Working from home eliminates these limitations. The harder and smarter you work, the higher your potential earnings. You can be a great mom and create financial independence at the same time. Break that glass ceiling!

5. Prove the Naysayers Wrong

“Moms have a hard time being entrepreneurs.” WRONG! Being an entrepreneur isn’t always easy, regardless of whether you’re a mom or not. But did you know that you actually have a better chance of being a successful entrepreneur because you’re a mom? Here’s why:

• Your children become your motivation. Once you have kids, your focus shifts. You don’t only have yourself to think about—you have to provide for your children, and that changes the game. Additionally, you have less time and probably less money to waste on things that aren’t important. This makes you more focused and more determined.
• Children force you to become more organized. Sometimes “winging it” doesn’t cut it. As a mom, you have to be on top of things, and that means keeping things in order. This skill will naturally filter into your work as well.

Are you considering leaving the corporate world to enjoy the balance of working from home? At Moms Making Six Figures, our priority is helping working moms take that step towards their dreams. For more information about getting started on the path to balance and fulfillment in your life, call us at (858) 837-1505, or visit our website at momsmakingsixfigures.com.