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It's a question that could determine if President Obama gets to serve another term: Are you better off than you were four years ago?

How can you beat the odds if you want to join the boomerpreneur boom and start your own company after 50? MONEY put that question to small-business experts and dozens of fiftysomething entrepreneurs for their best advice.

How can you beat the odds if you want to join the boomerpreneur boom and start your own company after 50? MONEY put that question to small-business experts and dozens of fiftysomething entrepreneurs for their best advice.

Before Deborah Kenny quit her job in 2001 to start a school for underprivileged youth in Harlem, her friends staged an intervention. They listed their concerns: She would run out of money, she'd lose her house, and, worst of all, as a new widow she wouldn't be able to adequately provide for her three young children. Kenny did not budge. "I felt like I would die if I didn't start this school," she says. Kenny found herself sketching out the plans for her new education program during meetings, the way others might doodle.

These five entrepreneurs are successfully juggling their duties as moms, while making millions in their businesses. Here's how.