Recognize that the issues we face as women advancing in business are issues my grandmother would have loved to have had. And fight the good fight nonetheless. For yourself and your peers - but also for your daughter, when it's her turn.
Interpretation
Embrace the challenges women face in business today as progress compared to the past and strive to overcome them for future generations.
Sallie Krawcheck emphasizes the importance of recognizing the progress made for women in business while acknowledging that current challenges, though significant, are a testament to the struggles faced by previous generations. She urges women to persevere in their efforts for themselves, their peers, and future generations, particularly for their daughters, highlighting the ongoing fight for equality and advancement in the workplace.
In practice
During a women's leadership conference to inspire young professionals.
What you hear and what the research shows is that gentlemen negotiate for their first job. Women do not negotiate from their first job and on. And I tell women there is no H.R. fairy godmother. There might be, but you better not count on it.
The research indicates that when we women invest, we women do tend to be more patient, take a longer-term perspective and as a result of it, tend to be better investors than men. But the messages we get are that investing is sort of 'the guys' world.'
As an entrepreneur, I've learned how crucial it is to be able to call a spade a spade and avoid falling in love with a particular strategy or product. Instead, you need to let the customer tell you what she needs - and to change her as she changes.
Somehow, there is this feeling that women require remedial financial education, and so everything must be dumbed down. The reality is that we all need a lot more education, but guys just go ahead and invest anyway.
If you aren't committed to diversity of thought, you have no business launching a startup.
In the old world of business, there was often just one seat at the leadership table for women, two at best. That meant that only so many women could advance. But in a world where women recognize the power that they own - and where technology can upend the traditional rules of engagement - one woman winning doesn't mean another loses.
One of the best things that ever happened to me is that I'm a woman. That is the way all females should feel.
For any of us in this room today, let's start out by admitting we're lucky. We don't live in the world our mothers lived in, our grandmothers lived in, where career choices for women were so limited.
Reproductive choice has to be straightened out. There will never be a woman of means without choice anymore. That just seems to me so obvious. The states that changed their abortion laws before Roe are not going to change back. So we have a policy that only affects poor women, and it can never be otherwise.
Strong women are absolutely unpredictable.
For throughout history, you can read the stories of women who - against all the odds - got being a woman right, but ended up being compromised, unhappy, hobbled or ruined, because all around them, society was still wrong. Show a girl a pioneering hero - Sylvia Plath, Dorothy Parker, Frida Kahlo, Cleopatra, Boudicca, Joan of Arc - and you also, more often than not, show a girl a woman who was eventually crushed.
I watched them, thinking that little girls who make their mothers live grow up to be such powerful women.
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