Podcasts

Moving from Gender Diversity to Gender Balance

Episode 44: Moving from Gender Diversity to Gender Balance
Guest: Avivah Wittenberg-Cox

Welcome back and thank you for joining me again for this week’s episode of Women Rocking Wall Street. I have really been looking forward to this chat, ever since I read my guest’s content in the Harvard Business Review.

Avivah Wittenberg-Cox is a prolific speaker and writer. As CEO of 20-first, Avivah works with top management teams from international companies to identify opportunities to create more balance within their organization, primarily around gender and culture. Having active, strategic debates with the executive team is a constant occurrence for Avivah. This helps the teams understand what the gender topic is and how best to lead a more “gender bilingual” organization.

If gender balance isn’t established within an organization from the start, it’s not usually going to happen naturally. It takes three things to create balance: leadership, culture shift, and systems that are supportive and adaptive to the 21st century. Changing the balance within an organization is fairly simple. Most companies become frustrated with their lack of success when trying to create gender balance. Therefore, the executive team is open to suggestions and advice on where and how to move forward – which is where 20-first comes in.

Avivah recommends we stop using the phrase ‘gender diversity’ because it frames the females as one diversity among many. By using the term ‘gender balance’, we’re helping create a movement that has been occurring throughout the 21st century. It’s now gaining some strong momentum which will positively impact businesses and relationships.

To learn more about Avivah and to find resources on how to promote gender balance, visit 20-first.com.

Thanks for listening to this week’s episode of Women Rocking Wall Street. If what you heard today resonated with you, please liked this episode, share it with others and write us a quick review on iTunes.

Launching Fearlessly

Episode 38: Launching Fearlessly
Guest: Anne Samoilov

Happy Halloween! This week’s episode is a perfect fit to the Halloween theme around fear and the fun, excitement and joy that it can bring. This week’s guest, Anne Samoilov helps entrepreneurs, small business owners and consultants through the process of fearlessly launching a product or business, or another type of business launch. Anne says that it’s not about fear, it’s about that moment of committing to the decision to doing something new and taking that leap.

Coming up with an idea is the easy part of creating a new business or product but when you haven’t done it before, launching can be a scary and often daunting task. For Anne, she sees it as a production, with particular steps that need to happen for the business or product launch to be successful. The most important thing that anyone should do, according to Anne, is determine who “they” are and start the conversation. Find out who your target audience is and reach out. Do this before you launch your business and get their input (both the good and the difficult to hear). You can also search online and see what people are saying about a particular topic that relates to your business or product idea.

While launching a business or product can be intimidating, it is also an exciting time. Once off the ground, it allows you to control your schedule and provides flexibility to accommodate family situations. Don’t let the fear of launching a great idea hold you back because there are people like Anne, who are there to help you.

For more information about Anne Samoilov, you can visit her website at www.fearlesslaunching.com, or connect with her on Twitter, Facebook, Google+ and LinkedIn.

If you liked this episode be sure to share it with those you think might find this valuable. Also, head over to iTunes and write a quick review if you liked what you heard. Lastly, thanks for listening!

Rocking an Interview

Episode 36: Rocking an Interview
Guest: Margot DeMore

It’s officially fall and it is absolutely beautiful outside! I hope you’re enjoying the leaves, and all the pumpkin mania, as much as I am.

We’ve all been in a situation where we’ve had butterflies in our stomach when getting ready for an interview. The stress of preparing for the interview is only half the battle. This week, I had the pleasure of chatting with Margot DeMore, founding partner of Broad Street Consulting Group, a search firm specializing in retained executive search and consulting services for the traditional and alternative investment community and insurance industry. Her whole career has been playing matchmaker between companies and potential team members.

Margo lives and breathes interviews, and has some great tips and tricks to make sure we rock them. According to her, many of us are great at researching and understanding the organization when preparing for an interview, but tend to fall short on how to share our story in a way that highlights our strengths and attributes.

Margot recommends writing down all the adjectives that describe your strengths and think about how it fits with the position and organization you’re interviewing with. Next, brainstorm stories that highlight each adjective. The last step is to practice, practice, practice! Tell you stories to you partner, colleagues or even the mirror.

There are plenty of things that you can do to increase your chances of a successful interview. Be sure to check out Margo’s cheat sheet for more tips. For more information on Margot, visit broadstreetconsulting.com, or find her on LinkedIn.

This is a great episode for everyone so be sure to share it with your friends, colleagues, college graduates, and even high school students. Also, head over to iTunes and write a quick review if you liked what you heard. Lastly, thanks for listening!

Negotiating Salaries 101

Episode 35: Negotiating Salaries 101
Guest: Jim Hopkinson

We’ve all been there where we’ve felt like we’ve rocked an interview and then dreaded question comes up. “What is your current salary?” Or even worse, “what are your salary expectations for this position?” It’s common for us to hesitate in answering that awful question because on one hand we don’t want to throw out a number that is too high (and risk losing our chance at the position) and, on the other hand, we don’t want to low-ball ourselves.

My guest this week is Jim Hopkinson, and he has come to our rescue! A speaker, writer, and teacher, he helps ambitious professionals overcome their fear of negotiating their salary. Jim has helped a lot of people push past the discomfort of asking for what their worth, and his number one advice is research. Understanding what your worth is the key to being able to ask for more. One way to determine what the market value is for your position and experience is visiting websites like salary.com, payscale.com, and glassdoor.com. He also recommends talking to your internal network. Once you have all your research, you can put it into a report and provide it to the company looking to hire you or presenting it to your current boss. The more research you do, the stronger your case.

To jump back to the dreaded interview question, Jim recommends countering with: “Oh I’m sorry, my current employment contract doesn’t allow me to reveal that information. It’s private company information. What kind of range did you have in mind?” By turning it around, you’re opening up the conversation and allowing room for negotiation!

If you want to learn more after this episode, visit salarytutor.com/fastclass for a 7-day free email class that will teach you how to negotiate your salary. If you liked this episode be sure to share it with those you think might find this valuable. Also, head over to iTunes and write a quick review if you liked what you heard. Lastly, thanks for listening!

Funding Research for Change

Episode 34: Funding Research for Change
Guest: Michelle Clayman

I can’t express how excited I am to share this week’s episode with you. My guest, Michelle Clayman is a CFA, Founder, Managing Partner and Chief Executive Officer of New Amsterdam Partners LLC, an institutional money management firm in New York. She has been published in the Financial Analysis Journal, the Journal of Investing and NYSSA Financial Professionals’ Post. She is also a frequent commentator on Bloomberg and other financial media.

Having gone to an all girl’s school, Michelle was encouraged to set her aspirations high. She attended Oxford University and eventually attended the business school at Stanford University. She began her financial career with the Bank of America in London and eventually found her way to Wall Street. Through her experience, she found that there was a gap between quantitative research and money investment. Being bold, she decided to start her own business, along with several other partners and New Amsterdam Partners LLC was born.

Michelle is not only a successful woman and entrepreneur – she is a philanthropist. Having been involved since 1993 in what is now known as The Clayman Institute for Gender Research, Michelle first sat on the National Advisory Panel and seeing that there was a lack of resources, she worked hard to move them from “bake sale” fundraising to more sustainable funding sources. Eventually, the opportunity opened up for an endowment fund, and Michelle felt that it was the perfect fit for her. Today, the Institute is doing great work, with research even being referenced in the book Lean In: Women, Work, and the Will to Lead by Sheryl Sandberg.

If you’re interested in becoming involved in philanthropy, Michelle recommends thinking about causes that are important to you and then getting involved. Also, consider putting aside a certain amount of money for charitable giving. Whether it’s through volunteer hours or monetary donations, it’s about supporting those causes closest to you.

If you liked this episode, be sure to share it with your friends and colleagues. Also, visit iTunes and write us a quick review. Finally, thanks for listening!

Inspiring Women to Be Women

Episode 33: Inspiring Women to Be Women
Guest: Bri Seeley

Do you recall the power suits in the ‘80s? The shoulder pads, unfitted suit jackets – anything to hide the feminine figure. While the corporate dress code has improved and has slightly embraced the feminine figure, there is still plenty of room for change. This episode’s guest, Bri Seeley, is working to inspire women to be women by re-embracing their femininity and their feminine energy.

Working in the fashion industry, Bri found that women were not buying her clothing because her brand consisted of flowing, feminine pieces. Women would try on her pieces and would tell her that they couldn’t wear the clothing in the “real world.” Bri was shocked that these women were telling her that if they were to dress as women, they would be able to achieve success in business. As a result, she had an epiphany and wanted to impact women on a deeper level. Bri is now a mentor, leader and author of the Inspirational Women Project Book.

Her mission is to inspire women to be women; to help them re-embrace femininity and their feminine energy to be successful in the world and to stop relying on the more masculine traits to get them to where we want to go. By not using our feminine energy, Bri says that we are not aligned with our true selves and our true gifts.

To learn more about Bri, her work and to read inspirational stories of other women, visit www.briseeley.com. Thanks for listening to this episode of Women Rocking Wall Street. Be sure to share this podcast with your friends and colleagues. Also, head over to iTunes and write a quick review if you liked what you heard. Increased reviews help increase the visibility of this podcast, which means more listeners (more listeners, more impact!)

Proving Them Wrong

Episode 32: Proving Them Wrong
Guest: Jeanne Fisher

Hello again! I hope you’re having a great week and feeling happy and inspired. This week’s guest is truly a woman who is rocking Wall Street. Jeanne Fisher is a Certified Financial Planner with ARGI Financial Group and an ambassador for the CFP Board. A true believer in education, Jeanne has her CFP, a Bachelor of Science in Finance and Economics and a Masters in Business Administration. She is also one of the first female Certified Financial Planners in Bowling Green, K.Y.

Upon graduating, Jeanne found herself applying for positions in the financial industry as a 22-year-old female. Instead of receiving job offers, she was told to sell cell phones and apply for the job again in 5 years. In one interview, she was offered a secretarial position, even considering all her credentials. While Jeanne faced one negative response after another, her internal mantra of “I’ll prove you wrong” motivated her to continue. Needless to say, she proved them all wrong.

For the women just starting their careers in finance, Jeanne says that it’s going to be harder than you ever thought it was going to be, but it’s worth it. She recommends that you find a mentor or senior advisor who can help you create a client base as well will help you grow as an advisor. If you can find that person, then you’ll be set. Remember too, you can prove everyone wrong if you set your mind to your goals. Dedication, passion, and perseverance make success taste even sweeter.

Thanks for listening to this episode of Women Rocking Wall Street. Be sure to share this podcast with your friends and colleagues. Also, head over to iTunes and write a quick review if you liked what you heard. Increased reviews help increase the visibility of this podcast, which means more listeners (more listeners, more impact!)

Women and The NASDAQ

Episode 31: Women and The NASDAQ
Guest: Maureen Lowe

Just imagine the sense of achievement you would feel if you were asked to ring The NASDAQ Opening bell. That’s what my guest this week had the opportunity to do. Maureen Lowe is the President and Founder of Financial Technologies Forum (FTF), a media company for Wall Street, which provides content, specifically for people and companies that drive the post-trading processing industry.

While she has grown a successful business, which has gained enough notice that she and her team were asked to ring The NASDAQ bell, Maureen still faces challenges because she is a woman on Wall Street. Over the years, she has developed a thick skin and has worked at building up her confidence around being a successful businesswoman within the financial industry.

Being a female entrepreneur on Wall Street is challenging, but Maureen has proven that it is possible. When asked what advice she would give to her 27-year-old self, Maureen says, “there will be tough times. You need to have failure and experience mistakes because that’s where you’re going to learn and grow.” She also recommends not to be afraid of failing, not to be so hard on yourself and to celebrate all the successes. Women can and are succeeding each and every day.

Be sure to share this podcast with your friends and colleagues. Also, head over to iTunes and write a quick review if you liked what you heard today. Increased reviews help move the podcast to an even more visible place in the iTunes world. (More visible, more listeners. More listeners, more difference!)

Planning to Be a CFP

Episode 30: Planning to Be a CFP
Guest: Eleanor Blayney

Hello there, and welcome back to Women Rocking Wall Street. A couple weeks ago, I spoke with Renee Amochaev about her fight for gender equality on Wall Street. And this week, I’m continuing the theme and encouraging women out there to research the opportunities that a career in financial planning can bring. Well, who better to speak about this topic than Eleanor Blayney, author of “Women’s Worth: Finding Your Financial Confidence.” In addition to being an author, Eleanor is a CFP and consumer advocate for the Certified Financial Planner Board of Standards.

In 2013, the CFP Board launched Women’s Initiative (WIN). Under the leadership of Nancy Kistner, then chair of CFP Board’s board of directors, WIN conducted research about why there are so few women in financial planning—the number has remained flat at 23% for several years. Based on the research, the WIN Advisory Panel released a white paper called “Making More Room for Women In the Financial Planning Profession.” The research found that, compared with men, women are much less familiar with the financial planning profession and the requirements for CFP certification. And when it comes to financial advisers who do not have CFP certification, 39% of men said they would “definitely or probably” pursue it, compared with 23% of women.

If you’re a CFP who wants to tell women more about this exciting career, consider becoming a WIN Advocate and spreading the word. By sharing your story with your community, you can make the profession more attractive to women. Please visit this link for more information about becoming a WIN Advocate. Every action we take like this can help close the gender gap!

If you have a passion for helping others, I would encourage you to explore a career in financial planning. As Eleanor says, it’s not all numbers, sales and production—it’s a career that calls for creativity, relationship skills, communication and an interesting in helping people achieve their goals. Sounds pretty nice, right?

Thanks for listening, and as always, please head to iTunes and tell us what you think about the episode. And share this podcast with friends and family! Until next time.

Investing in Gender Parity

Episode 29: Investing in Gender Parity
Guest: Eve Ellis

Welcome back! I hope you’re still enjoying some nice, warm weather – wherever you may be. I am excited for this week’s episode of Women Rocking Wall Street because I have the pleasure of speaking with Eve Ellis, Financial Advisor with The Matterhorn Group at Morgan Stanley.

Competitive by nature, Eve started her career as a professional tennis player. Having served her well on the court, she now uses her competitive drive to help her clients prepare for their individual financial goals. In addition to supporting men, women and nonprofits, Eve is also the portfolio manager for The Parity Portfolio, a capital investment strategy that only buys into companies that has a minimum of three women on their boards.

According to Eve, gender parity on S&P 500 company boards are minimal and the progress is slow. Over the past two and a half years, the number has only increased by 2.3%. Although Eve is working to change that, she is also benefiting her clients. Research indicates that corporate boards that have three or more women have a 46% higher return on equity, 60% higher return on invested capital and 80% higher return on sales.

If you’re a woman struggling to make your way in your industry, Eve recommends that you speak up with authority and remind yourself that men should just “move over.” We have a responsibility to bring along other women, be supportive and educate others about this issue. Together, we can create gender parity.

If you’re a longtime listener of Women Rocking Wall Street, you’ve heard me mention the 30 Percent Coalition (of which Eve is a member of). If you’re new to the podcast, you can learn more about this initiative by listening to these past related podcast episodes: “What’s Behind Your Investments,” “Let’s Get to 30%,” and “The Getting Along Paradigm”. To learn more about Eve, you can find her on LinkedIn.

Be sure to share this podcast with your friends and colleagues. Also, head over to iTunes and write a quick review if you liked what you heard today. Increased reviews help move the podcast to an even more visible place in the iTunes world. (More visible, more listeners. More listeners, more difference!)