“Some of the guys thought that because I’m blonde, I was dumb. So they would talk about their trading strategy in front of me. And I would just listen and absorb everything they were saying.”
Carolyn’s philosophy on investing: “Diversity does go to the bottom line: all diversity – racial, gender, sexuality. If you’re looking to invest in companies that will outperform their peers, look for diversity and depth of experience in the C-suite and the board of directors.”
Way to turn lemons into lemonade and jerks into teachers, Carolyn!
In some ways, Carolyn Leonard’s story isn’t uncommon. She entered a “man’s world” and was treated brazenly unequally—but that’s where any notion of Carolyn being average ends.
Carolyn, 73-year-old entrepreneur and founder of DyMynd, says in America there are 9.2 million women-led companies with an economic impact of $3 trillion. While discrimination like she experienced keeps lingering longer than seems acceptable or necessary, we women can change it—together. And we are.
As one of the oldest entrepreneurs in the country, Carolyn is a real-life testament to facing your fears, taking risks on yourself, and never giving up. From being one of the first women to trade on the Chicago Board of Options Exchange to starting her own business four years ago at age 69, Carolyn’s story tells itself. Continue reading →
One of my favorite things to talk about is also one of life’s most taboo topics:
Sometimes, I just want to straight-up ask people: “Hey, how much money do you make, and how did you get to that point? Is it a competitive salary in your field?” or “How do you invest your money?” or “Is 1% too high of a fee to pay for a mutual fund? How do you know that your financial advisor is legit?” I don’t want to do this because I’m nosy—it’s because, currently, everything I know about money is based solely on my own LIMITED experience.
It’s the Money, Honey! panel: Terry, Kristen, Joanne and Ginny
Although society dictates that it’s not polite to ask people such questions, money is one of life’s necessary evils. And I feel like I can never learn enough about how to earn it, grow it, save it, invest it, give it or spend it. Someday I hope to buy a condo or go to grad school or save for a future child’s college fund or help my parents in their retirement—but I can’t do any of those things if I don’t HAVE money first. That is why I was so pumped that last week was Money Smart Week 2016 in Chicago—a whole week of events put on by our good friends at the YWCA Chicago and DyMynd for the sole purpose of talking about earning, investing, spending and giving money!Continue reading →