Stop hoping for a promotion that's not coming. Instead, start a business at which you want to work.
As an entrepreneur, I've learned how crucial it is to be able to call a spade a spade and avoid falling in love with a particular strategy or product. Instead, you need to let the customer tell you what she needs - and to change her as she changes.
If you are a senior woman in business, you intuitively know two things: If a white man promotes a woman or a person of color, he gets credit for it. If a woman says great things about a woman, you get dinged for it. Research is clear on this.
Most financial questions don't have one right answer - just an answer that's right for you.
Somehow, there is this feeling that women require remedial financial education, and so everything must be dumbed down. The reality is that we all need a lot more education, but guys just go ahead and invest anyway.
You may find it more relaxing to work with people just like you, but entrepreneurship is about finding new approaches to problems, and discomfort can be an important part of that process.
First, pay off your high-interest-rate debt. If you have student loan debt - that's low interest rate; that has a tax benefit - you can leave that out. A mortgage can be an OK one. Credit card debt is poison. That needs to be paid off right away.
I'm a Weeble. Remember Weebles? The toy whose tagline was, 'Weebles wobble but they don't fall down?' I'm resilient. Oh, and I work really hard.
My advice for folks on networking is give, give, give. You will later receive. But you are really planting these seeds. Some of them will die, and they won't become anything. Many of them will take many, many years before they pay off for you if at all.
I've taken a few public hits in my career, and I never hid the pain of it from my children. Nor did I hide the regrouping and rethinking that occurred after each one. After all, that process allowed me to re-emerge and go on to build a more impactful - and more engaging - career path than the one I had been knocked off of.
The whole icon of a bull that stands for Wall Street - you couldn't come up with an image of a more male environment. Women feel that the brand doesn't speak to them.
If you are going to fire this person or hire that person, do it all in a concentrated period. The Band-Aid gets ripped off, and everybody goes back to work.
I never talk about my money! It is interesting how awkward it is to talk about it, even though I talk about it in the abstract every day.
We shouldn't think anyone needs a Ph.D. in advanced investing in order to begin to invest.
Whatever your income level is, save as much as you can - up to 20 percent, but more if you can - and invest it. Put that into an IRA; put that into a brokerage account.
People just haven't saved enough for retirement. And they're going to outlive their money.
Women bring some great qualities to work. We bring risk-awareness. We bring a greater focus on relationships. We bring more holistic decision-making than gentlemen do. We bring a more long-term perspective than gentlemen do. We tend to look for meaning and purpose in our jobs to a greater degree than gentlemen do.
The only time in my career I've lost sleep - wake up 3:30 in the morning, and you know you're not going back to sleep - is when I've been an entrepreneur. Even in the financial crisis.
I love to talk. I love to share. I love to vent. But I prefer action.
We just haven't had enough women in senior roles on Wall Street overall - fewer women in the investment banking function overall as well.
