What's the best path to carve out a successful career for yourself, especially if you're a woman who has to navigate unique biases and barriers like the gender pay gap and the motherhood penalty? Let's ask my next guests Grace Puma, former PepsiCo COO and Christiana Smith Shi, former Nike President of Consumer Direct. Not only have both women built decades-long careers from scratch reaching the coveted C-Suite, but they've also joined forces to share all the wisdom they've learned along the way in their new book Career Forward: Strategies from Women Who've Made It.
The facts are that as women, it's still harder to reach certain career heights since we don't yet live in a perfectly equitable world. But that shouldn't stop us from trying, especially since it also means making it easier for future generations to get to the top. There are so many amazing pieces of career (and life) advice in this episode, but I think my favourite ones are thinking of your career as a growth stock and focusing on your career, not your job.
I'll also be giving away a copy of their book, so make sure to visit jessicamoorhouse.com/contest to enter to win.
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CHAPTERS
00:00 Introduction
02:48 Grace Puma and Christiana Smith Shi Join the More Money Podcast
04:08 Getting to Know Grace Puma
06:26 Getting to Know Christiana Smith Shy
08:51 The Impact of Role Models
10:09 Motivation for Writing the Book
11:11 Empowerment and Practicality in Career Growth
13:24 Staying Hungry and Avoiding Complacency
15:08 Thinking of Your Career as a Growth Stock
19:56 Building Professional Equity
23:28 Balancing Personal Life and Career
25:52 Overcoming Surprises and Hurdles in Career
27:32 The Motherhood Penalty
30:49 Negotiating and Knowing Your Worth
40:59 Finding a Mentor and Sponsor
44:39 The Importance of Financial Stability
47:06 Conclusion and Where to Find the Book
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TAKEAWAYS
• Having role models and seeing women in successful careers can inspire younger generations and change the trajectory of future generations.
• Staying hungry and avoiding complacency is crucial for career growth. Continuously learning, growing, and seeking new opportunities is key.
• Building professional equity is essential for career advancement. It involves strategic thinking, cultivating skills, and making the right decisions to contribute value to companies.
• Balancing personal life and career is possible with intentional decision-making and understanding what is important to you and your family.
• Knowing your worth and negotiating for fair compensation is important. Researching salary ranges, documenting your contributions, and having a business conversation can help in negotiating for better pay.
• Finding mentors and sponsors who can provide guidance and support is valuable for career growth. It's important to be clear about what you need and to cultivate relationships with individuals who have the skills and knowledge you seek.
• Having financial stability and a buffer of savings provides options and flexibility in career decisions and negotiations.
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RESOURCES
📌 Buy "Career Forward" book https://amzn.to/3SLIq3h
📌 Show notes & transcript https://jessicamoorhouse.com/389
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ABOUT ME
I'm Jessica Moorhouse, a money expert, Accredited Financial Counsellor Canada®, speaker, content creator, and host of the More Money Podcast. I'm based out of Toronto, ON, Canada and run my own business, MoorMoney Media Inc., to educate others about financial literacy. To learn more, check out my website https://jessicamoorhouse.com
#personalfinance #financialliteracy #money
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