Pleased to meet Sallie Krawcheck at her fireside chat at Fenwick & West for the San Francisco branch of 85 Broads (a network of 30,000 trailblazing women in 130 countries) thanks to my friend, colleague and investor member in London Shefaly Yogendra.
The feisty Southern Krawcheck -- once called "the most powerful woman on Wall Street" -- recently bought 85 Broads and came to talk to us about what the global network of pro women needs. She told us surveys showed that some members want financial advice, mentors and reverse mentors, while others want to invest in women.
Takeaways from Sallie's far-ranging interview with Shamini Dhana, president of the SF Branch of 85 Broads, included:
- Coming out of banking crisis it seems they've double-downed on white middle aged males
- If you aren't on social media, research shows you look older & less tech savvy
- Her first news of day comes from Twitter, it's a way to talk to the world
- There's no career fairy godmother -- it's down to networking and sponsorship
- Women have to reinvent ourselves, piecing together careers. We're lifelong learners w/fundamentally different outcomes
- It's economically viable for women to start a biz today using tech & entrepreneurialism
- Diverse teams outperform more capable teams
- Women outperform men without home runs and less flameouts
- Choose a job in your 20s you think you can do in your 30s
- #1 rule of business success is networking (that means loose connections and you need a ton of them)
Local members I met at the event include (listed by their Twitter handles) executive coach @Barbara Mark; Barbara Kamm, President of the Technology Credit Union@TechCu; Emily Hall @OGemilyhall, president of the Olive Grove which partners philanthropists, entrepreneurs and nonprofit leaders; futurist, future of work visionary and woman after my own heart @ayeletb; user experience expert @MicheleMarut; advisor to the Turkish Prime Ministry's Investment & Promotion Agency Olivia Curran; and Sydney Alfonso, founder of @Etkie_Official, a venture to support women artisans around the world.