She got divorced a couple of years ago and says her music reflects much of her emotional life.   I think most singers/writers works reflect their emotional lives.  I know my writing does.  She has two daughters named India and Taja, whose father is Indian.  It’s nice to see that she has been able to use her emotional experiences to write songs.  She admits it’s harder now with two small kids because “being able to have long periods of time to focus on nothing but myself and writing is long over.  I live in a pretty ADD world right now.”

She is also reviving the female musician focused Lilith Fair tour that she helped start many years ago.  Successful musicians to me are the ultimate entrepreneurs.  They are betting against the odds of making it big that are probably 100 times greater than a technology company making it big.  There are so many more people trying to be successful singers (e.g., just look at American Idol) than there are business entrepreneurs.  I was reading the article and wondering how it would be to go to a studio every day of the week to work with someone as talented as her musical partner, Pierre Marchand, who helps her complete her songs.  I have to say I was day dreaming a bit while I was reading the article.  She has the benefit of great successes behind her before she had kids and she can play the piano as well as the guitar.  I can’t play either…but there’s hope!  They also featured Ozzy Osbourne in the magazine and he says he can’t play any instruments either.

I sing one of her older songs called Ice Cream (you tube link) to my kids sometimes.  I drop them on the couch during the part where she sings “It’s a long way down” and they laugh hysterically.  It makes me laugh while I’m singing it to them.  “Your love is better than ice cream…your love is better than chocolate.”

I wonder if it’s possible to find someone out there who could be my music partner who is looking for a lyricist/singer like me and if we could both take a month or so off and create music.  A nice little dream…

One of our latest articles for The University of Texas at Austin’s alumni magazine, The Alcalde, is on Gay Gaddis.  Gay is the founder of T3 - The Think Tank, the largest women-owned advertising agency in the US!

Here is a thought provoking quote from Gay’s interview:

“You get knocked down a couple times and your confidence gets busted and you draw back a little bit,” she says, “but you have to allow yourself the mistakes and the rejection and not let them eat you up.”

I agree with Gay that many entrepreneurs give up is when they let their mistakes eat them up instead of learning from them and moving forward.  I struggle with limiting thoughts often.

Gay has 3 kids and came from a long line of entrepreneurs so she saw the reality of how it is to build a business.  She started helping her mother with her kindergarten program when she was 13 years old after her father died!     

There are more articles to come, so sign up for free email updates to get them right in your inbox!

I can’t say I’m surprised for a variety of reasons.  I have an MBA and although I never thought of completely opting out of the business world to be a full time stay at home mom (other than the first 6 months of my kids’ lives), I did choose a more flexible transition back into the workforce by starting my own company.  That way I could start them off in part time care until I felt they and I were ready for them to go to full time care. 

According to the article by Reuters, “The University of California Berkeley Haas School of Business study of nearly 1,000 Harvard undergraduates found that 15 years after graduation, business school graduates were more likely than doctors or lawyers to leave the workforce.“  

It continues by saying “Those surveyed were about 37 years old and had at least one child. Fifteen years after graduating from Harvard College, 28 percent of the women who went on to get MBAs were stay-at-home moms. By comparison, only 6 percent of MDs stopped working outside of the home.  Of the MBAs surveyed, 27 percent had careers in the financial sector and 17 percent worked in consulting. The majority of the MDs worked in specialties centered on women (13 percent in obstetrics/gynecology), children (31 percent in pediatric medicine), and family.” 

As a business student, there’s not often a set path like there is for med students.  In the medical field, you finish school, you do your internship, you do your residency, and then you get hired into a private practice or university to continue in your field.  Sure the field of medicine changes but apparently not as fast as the field of business.  

Business is all about your network and skills.  Moms/Parents who stay at home with their kids are advised to continue building and keep up with their network.  Medicine is definitely about your skills, but you usually don’t get hired on to a hospital or private practice based on who you know, it has more to do with what you know and where you got your degree! 

I find it interesting that I know several MBA women friends who have opted out of pursuing a career while their kids are young and at the same time my OB/GYN and pediatrician (who both happen to be women) came back to work shortly after their kids were born.  Our pediatrician came back to work only about 8 weeks after her baby was born.  I think both of them are amazing and incredible doctors! 

I remember my OB saying how important it was that I take it easy after the baby was born and to take as much time off as possible.  I then made a comment to her about the fact she returned to work after her babies were born and she was able to manage it, and she kind of stared at me blankly and didn’t seem to know what to say. 

So what do you think the reasons are for the different parenting choices made between moms who got a business degree and those who got a medical degree?  I have some ideas, but I’d love to know what you think.

MBA Class: Mom’s Business Acumen…Or, “How to Take Skills Learned From Mom to Kick Butt at Work” 

As Aruni braves the balancing act that returning to the “formal” workplace brings for a working mom, I was thrilled that she asked me to do a guest post for entrepremusings.com. 

I love to work with women…they just get it, even if they don’t know it!  Generations of women have been successfully running the home-based business that we call “The Family”.  They have had to utilize all of the skills needed to address the same issues that Fortune 500 companies struggle with. And they’ve done it with grace, style and, okay, maybe a few bad hair days here and there! 

My version of an MBA class focuses on “Mom’s Business Acumen”: 

Risk Management-The art of baking bread, taught to me by my Aunt Giovanna Yozzo Fanelli (Aunt Jennie), yielded a surprising class in risk management, crisis management and plan-failure recovery. As I made loaf after loaf of bread (according to Aunt Jennie’s half Italian/half English instructions) and failed every time, I had to learn how to push past my fear of failure and create new plans to minimize my risks of future bread baking failure! Hours of work sometimes yielded sub-par results (a.k.a “lead-bread” – this made Aunt Jennie laugh as she encouraged me to persevere and continue on my quest for the perfect loaf of bread).  My ultimate victory (at least 20 loafs and 80 hours later) was the title of Bread Maker in my family’s eyes.  And after Aunt Jennie died at 96 years old, she passed her pans to me. I had become the bread and the baker, and she would be proud! 

Mergers and Acquisitions-My sister and a few of my sisters-in-law now have new “blended families”.  With divorce rates and remarriages at an all-time high, there are new things today’s mom has learned. Creating a family with kids from previous marriages and new ones with new husbands takes a lot of hard work and effort…no wonder the idea of running a newly merged company is child’s play for the mom that has balanced issues with siblings, half-brothers, step-sisters, etc.! 

Cultivating Strong Teams and Leaders-Lessons learned from the women in my family who are masters in the kitchen – my mother Mimi and my Aunt Marie, specifically – have been priceless in developing my ability to coach my clients on building strong teams and leaders at work.  Have you ever watched two strong women in the kitchen putting out a holiday meal for the family?  Mimi and Marie were masters at leading and following as they consistently put out a quality product (the seven-course Italian holiday meal) for their customers (35 family members and a few stragglers). The big news is, I never remember a moment of tension in either of their kitchens…but always lots of laughter! 

Budget Cuts-My mother-in-law Marty used to take her twelve children (my husband Rich is number NINE) to the beach on the ferry every Wednesday…because kids ride free on Wednesdays when accompanied by their parent! She knows how to work a budget! Examples like that guided me during my family’s lean years – when I was sewing shorts for my two young sons out of my husband’s old shirts – and during the first crucial years of my businesses when breakeven was only a dream. 

Sales and Product Issues-Have you ever negotiated with a four-year-old over why Oreo cookies are not a breakfast food?  Successfully selling those eggs over the Oreos takes a sales master! How easy negotiating with a customer over the price of your products or services is compared to “selling” bedtime to a child! 

So when I meet a mom getting ready to return to the workplace and she’s fretting over her perceived “resume gap,” I see the opportunity to educate a sister on how to talk about her degree from the “Mommy Management Training University!” 

What have YOU learned from your mom, “mom-figures” in your life, or being a mom yourself? 

Michelle Yozzo Drake is a management consultant who has just released a new book: “From the Kitchen to the Corner Office:  Mom’s Wisdom on Leadership.”  Her Workplace Wisdom Blog is hosting Lipstick Leadership Week -July 14-18 – where Michelle is highlighting other women’s stories about what they have learned from their “moms” or as a mom that helps them succeed at work!  Submit your story (and get a plug for your website!) at LipstickLeadership.com or KitchentoCornerOffice.com 

The cool thing is that if you win you not only win cash but also appliances!  Also, upon reading their site you cannot submit a company/idea for a new appliance.  Your business idea has to be totally unrelated to Whirlpool’s primary business of appliance creation and manufacturing.  

I also noticed that one of the guest judges is Julie Aigner-Clarke, founder of Baby Einstein! 

I haven’t figured out yet if I can apply for Babble Soft (no issue about us being an appliance ) but I haven’t read all of the fine print yet.  The application looks pretty simple and straight forward so chances are I will apply.  I encourage you all to check it out too and tell other mom-inventors out there about the competition. 

Hi Aruni,

I saw that you commented on a Washington Post blog entry about a grant program and that you were upset you didn’t know the program was going on.  Just wanted to share with you another grant program that I thought might be of interest to you and your readers.

Whirlpool brand has recently kicked-off the fourth annual Mother of Invention Grant Program. In the past three years, Whirlpool brand has recognized and helped more than 15 moms turn their innovative ideas into reality.

The Whirlpool brand Mother of Invention Grant Program provides seed money and expert guidance to moms to turn their invention, business or service ideas into full-fledged businesses.  Contest winners receive:

• A $20,000 grant for the grand prize winner
• $24,000 in grant money for the four runners-up
• Appliance prizes
• Invitation to business boot camp where winners will receive guidance from Whirlpool and industry experts

This year, we are greening the program by adding a new category focused on moms who create an environmentally friendly product/service or use natural/recycled materials to create their invention. 

More information and entry forms can be found at www.whirlpool.com/moms. Entries are accepted through July 31, 2008.

Please let me know if you have any questions or would like additional information about the program.  I’d also be happy to share information about our past winners, should you be interested. 

Best,

Laura