039: Getting Generational

11/04/15 • 19 min

Women Rocking Wall Street - A podcast dedicated to women in financial services

Episode 39: Getting Generational

Welcome back and happy November! This week’s episode of the Women Rocking Wall Street show is a little unique. Last year, I had the pleasure of speaking at an event about the differences within various generations and how to talk to each of them about money in an effective way.

Did you know that there are currently four generations that shape our workforce today? There is the Traditionalist (born 1925 – 1945), which in 2014 made up eight percent of the workforce. This generation is conservative in their actions, and they prefer their communication in the form of the written word (memos). Compare that to the Millennials (born 1981 – 2000), who were raised with technology, prefer to communicate through text messages, are used to having adult-like conversations and want a level playing field right out of college, rather than putting in the time (as the Traditionalists would typically prefer to see). In between those two are the Baby Boomers (born 1946 – 1964), who are the optimists and want to be involved in the decisions and the GenX (born 1965 – 1980), who are skeptical because they’ve seen quite a few people fall from power. Again, these two generations are a very interesting contrast.

Each generation has their way of communicating and their beliefs about money. However, one thing is similar across all generations – people’s relationship with money is personal. The conversation should be based around emotions and aspirations and not around fear, shame and doubt. The goal should be to build a plan and to build a personal relationship rather than a business relationship

“When you have a dream and a plan working together in the construction of a life chapter, you have a ‘mission,’ a circumscribed purpose that defines your use of time and space for the duration of this particular life chapter. People with a mission know where they want to go.”

Frederic M. Hudson

Mastering the Art of Self-Renewal

If people can understand the vision of their future where they can redefine what it means to work and give back to their communities and make a plan that talks about their life rather of their money, they may become a little more engaged around the conversation around their finances.

If you liked this episode be sure to share it with those you think might find this valuable. Also, head over to iTunes and write a quick review if you liked what you heard. Lastly, thanks for listening!

Episode 39: Getting Generational

Frederic M. Hudson

Mastering the Art of Self-Renewal

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038: Launching Fearlessly

Episode 38: Launching Fearlessly

Guest: Anne Samoilov

Happy Halloween! This week’s episode is a perfect fit to the Halloween theme around fear and the fun, excitement and joy that it can bring. This week’s guest, Anne Samoilov helps entrepreneurs, small business owners and consultants through the process of fearlessly launching a product or business, or another type of business launch. Anne says that it’s not about fear, it’s about that moment of committing to the decision to doing something new and taking that leap.

Coming up with an idea is the easy part of creating a new business or product but when you haven’t done it before, launching can be a scary and often daunting task. For Anne, she sees it as a production, with particular steps that need to happen for the business or product launch to be successful. The most important thing that anyone should do, according to Anne, is determine who “they” are and start the conversation. Find out who your target audience is and reach out. Do this before you launch your business and get their input (both the good and the difficult to hear). You can also search online and see what people are saying about a particular topic that relates to your business or product idea.

While launching a business or product can be intimidating, it is also an exciting time. Once off the ground, it allows you to control your schedule and provides flexibility to accommodate family situations. Don’t let the fear of launching a great idea hold you back because there are people like Anne, who are there to help you.

For more information about Anne Somoilov, you can visit her website at www.fearlesslaunching.com, or connect with her on Twitter, Facebook, Google+ and LinkedIn.

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040: Plan It! Do It! Love It!

Episode 40: Plan It! Do It! Love It!

Brrr! Dare I say happy winter?

Now that the cold has come and the days are shorter, perhaps some of us are noticing that we’re not feeling as happy these days. Since we spend a lot of time at work, this probably seeps into our work life, especially with the Christmas holiday countdown on our minds. Perhaps you’ve even found that on Sunday, you’re dreading Monday and have come to the realization that you’ve fallen out of love with your job.

Fear not! My guest this week has a formula that will help you fall back in love with your work. Sherry Jordan has been coaching high-performance executives, small business owners, solo entrepreneurs, and teams for over 20 years to help them realize their goals and increase their results. She is an expert in the field of change and change management and specializes in working with individuals and organizations who are ready to embrace transition and experience a higher level of personal and professional satisfaction.

Sherry has released a new book, Plan It! Do It! Love It! where she outlines how to get back to the basics so that you can move from feeling overwhelmed to living your small business lifestyle. Sherry says that it’s as simple as getting back to the basics and getting in touch with your life priorities. Sherry also highlights five tips to successfully falling back in love with your job. These include: making a plan for the year; examine the role that you’re playing; establish healthy boundaries; surround yourself with positive people, and; remember that your attitude is everything. If you have a positive attitude, great things can happen. Episode eight of The "Women Rocking Wall Street" Show (Nothing Can Stop Her) highlights the power of attitude. Also, if you’re looking for a great read, Man’s Search for Meaning by Viktor E. Frankl is the perfect example of how one’s attitude can push you through anything.

Sherry has some great resources so be sure to visit her website, SherryJordanCoach.com, and register for a free e-book that will help you with 10 top leadership tips. Also, she is giving away 25 free Plan It! Do It! Love It! books. To get one, all you have to do is go to planitdoitloveit.com and use the code WRW. Lastly, you can connect with Sherry on Facebook, LinkedIn, Google+ or see some additional resources on her YouTube channel.