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Published Mar 12, 2019

Check your blindspot, w/Sallie Krawcheck (Ellevest)

Sallie Krawcheck, a finance trailblazer, delves into the power of cognitive diversity in business, sharing her Wall Street journey to emphasize the necessity of varied perspectives to combat biases and foster innovation, while also discussing her mission to close gender-based financial gaps through Ellevest's transformative empowerment of women.
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Episode Highlights

  • Resilience

    Sallie Krawcheck's journey on Wall Street was marked by resilience in the face of adversity. She recounts the toxic work environment she encountered, where daily humiliations were a norm, yet she persevered, refusing to be driven out 1. Her early experiences of isolation and bullying in school steeled her for the challenges she faced in the male-dominated finance industry 2.

    I love to say there's nothing they could do to me on Wall Street that was worse than 7th grade.

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    These experiences shaped her determination to succeed despite the odds.

       

    Integrity

    Sallie Krawcheck's commitment to integrity often put her at odds with the prevailing culture on Wall Street. She famously withdrew from the investment banking business, sacrificing millions in revenue to maintain ethical standards 3. Her early warnings about subprime loans, despite industry pushback, demonstrated her dedication to truth over groupthink 4.

    I published the friggin thing and was right about two months later.

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    Her actions underscored the importance of diverse voices in challenging the status quo.

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