American - Businesswoman | November 28, 1964 -
I never really considered myself much of a feminist until I left Wall Street. I did all the right things - such as put together gender-diverse teams - but feminism wasn't deep in my bones.
Sallie Krawcheck
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The 'aha' moment came one to me one morning when I was applying my mascara, and I realized that the retirement crisis is actually a woman's crisis: Women live longer than men yet retire with less money.
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I wish I had known that that process of figuring out what you're good at, what you want to do, and where you want to have an impact is not a one-time exercise, but an ongoing one. Instead, I bought into success being an endpoint rather than a constant process.
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My low point was after being reorganized out of running Merrill Lynch. That dismissal deeply contradicted my sense of fairness, since, at the time, my team and I had done what we were brought in to do: We had turned Merrill Lynch around from the depths of the financial crisis.
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I make it a priority to keep in touch with people with whom I've worked in the past. And I'm fortunate, because I've worked with some terrific folks.
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My kindest interpretation of my younger self is, 'Boy, was I busy.' I had two kids, a husband, two stepkids. I mean, how many darn things can a person do at the end of the day?
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When I feel risk-averse, I am much more likely to surround myself with middle-aged, professional, southern females; I just am.
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In terms of challenges, I think finding the right people to maximize the chances the business will succeed is the hardest thing. You can crunch the numbers any way you want, but at the end of the day, you really need good employees and investors - and they aren't always easy to find.
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Like many entrepreneurs, I never have two days that are alike. One thing that's consistent is I wake up early, around 4:30 A.M. It's my most productive time of day because I can think and work uninterrupted.
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There are a lot of things in business that are completely out of your control, but hard work isn't one of them.
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I'm about impact. One can make impact if they run a big business with a lot of zeroes. I've done that. One can also make an impact when you're a research analyst, where it's you and your associate. I've done that.
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I have a very simple point of view, which is, I'm going to be alive for some amount of time; I don't know how long that's going to be. Then I'm going to be dead for a really, really long time. Right? You need to squeeze everything you can out of this time when you're alive.
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