Sallie Krawcheck’s Advice for Young Women in Business

As part of her keynote address at the CWIB conference, Sallie Krawcheck shared her top ten pieces of advice for young women in business. We tried to capture her guidance and lessons below, and we hope you find them as encouraging as we did!

  1. Choose your husband carefully. Avoid eye-rollers at all cost. Once you’ve found him, reach an understanding early of what’s important to each of you.
  2. No one ever procrastinated her way to the top. When you decide what you want to do, do it with passion. Don’t question yourself.
  3. Surround yourself with the right people – people who help you think but people you also want to be with. Make a point to hire people with different skills and approaches.
  4. Enjoy the ride. Don’t wait until after the next week, project or promotion to have fun. If you aren’t enjoying yourself along the way, you’re not enjoying yourself. Keep your sense of humor. Don’t embarrass easily – you’ll hold yourself back and not put your ideas out there.
  5. Know when to go against the flow. This can contradict our basic instinct of liking to be liked and being comfortable in the crowd  because many really great ideas are anti-consensus.
  6. Don’t let the chattering crowd bother you. There will always be pundits, frienemies, and critics with an opinion, but developing a thick skin will serve you well.
  7. Live a life of integrity even if it means getting fired. Find your own line in the sand. You’ll never lose sleep over being honest.
  8. Don’t give up. Your career is a marathon interspersed with some sprints. There will be good years but also years in which you feel like you’re treading water. Hang on if it’s important to you.
  9. Be active managers of your careers. Don’t be afraid to advocate for yourself and ask for higher compensation or a stretch assignment. Men aren’t afraid to advocate for themselves, so when women stay quiet, they often miss out.
  10. Take time to love the important people in your life.

About cwib blog

Columbia Women in Business (CWIB) is an organization that strives to provide Columbia Business School women with resources and contacts to assist them in their academic, professional, and personal development. CWIB is committed to working with faculty, administrators, alumni and the greater business community to promote the role of and opportunities for women in business.
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