Getting to the Board Room (and on the Cap Table!)
Natalie Levy
Investor, Mental Health, Gender Equity, Board Director, Speaker, Neurodiverse
It took me about 15 years to understand the value of showing up authentically at work.
I wore pants every day to work from 2006 to 2007. I was?a young woman on wall street, and thought that I needed to look like one of the guys to make it. I made sure my heels weren’t too high (if I opted for them instead of my more conservative flats) and made sure my nails weren’t too loud. I did wear makeup - which I like to think of as war paint these days - following an etiquette and professional training course put on by our bulge bracket bank prepping us in what was expected of their professionals.
For years I thought that working harder and proving that I was exceptional based on sales closes would get me to the more senior roles. But it didn’t.?
Fast forward to today where I’ve made several jumps in my career to find real alignment with what I wanted to do, and to work in ways that better overlapped with my skills superpowers. I've developed professional confidence in addition to figuring out what to wear (which was dubbed ‘European hipster’ by the partner at the private equity shop I worked at in San Francisco) and how to execute with excellence.
A lot of people talk about issues surrounding lack of diversity within companies and management teams these days. As a woman with experience across various male-dominated industries from wall street to growth tech I can tell you that issues surrounding diversity aren't just about who is in the room, but it scales to management, investors, and board room profiles.?
There are now mandates?requiring diversity on boards.?But how can you make the leap?
First, where are you in your career? If you’re an individual from a diverse background or women-identifying, securing a solid mentor and mapping out your professional development path may be key to advancing your career. Organic mentorship doesn’t just happen for all of us, so being intentional to ensure you get good insight around career pathing is critical.?Our community meets regularly?to support you through mentorship and skill development in areas critical to your professional success.
One you’ve skill developed and nailed down your professional superpowers, you can start to explore board opportunity. You can start with something smaller like your HOA board or a non-profit organization.
There are a number of great resources to land you a spot on a non-profit, growth-tech, or even public company board. Check out?Him for Her,?The Board List, and?The Fourth Floor.?These businesses offer lower cost and free ways to build your board profile and visibility. There are also comprehensive bootcamp experiences available such as Michele Ashby's ACE workshop series which offers board certification through an immersive group experience.
Looking to step into more learning and development before the board seat? Why not explore the investing side to get on a cap table. This is another great way to get involved. You may even be able to leverage your investor check to secure an advisory or board seat in the process.?
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While early-stage investing is a risky asset class, there are ways to play with smaller sums of money and it can be a fantastic learning and networking experience, if not hugely rewarding on the financial front.?Listen in here?for a panel discussion with a handful of CO-based early-stage investors speaking to the basics.
Still early in your board or investor journey and looking to level up your professional confidence, mentorship, or salary??We'd love to?meet you.
-Natalie
This article was originally written for the blog at shesindependent.com.
Natalie Levy is the founder and lead mentor at She’s Independent.
Passionate about pushing boundaries and being independent from a young age,?Natalie?holds a BSE of Industrial Engineering and minor in Mathematics graduating Magna Cum Laude from the University of Michigan. She has held roles in derivatives trading at Citigroup, enterprise data sales and operations at numerous technology businesses including Bloomberg and early stage ventures. She led business development efforts for private equity investor Turn/River Capital which was focused around SaaS and go-to-market optimizations. She currently resides in Boulder with her loving rescue pup Bina and operates in a fractional executive capacity alongside staying active in early stage growth businesses as an investor and advisor.
Following the loss of her mother to suicide in January 2019, Natalie launched She's Independent while she transitioned from corporate roles to a more entrepreneurial and balanced lifestyle. She grew through the loss and continues on her healing journey to discover what is authentically aligned and enjoys tapping into her professional superpowers that also highlight self-awareness and personal growth. Through She's Independent, Natalie offers coaching and mentorship from professional confidence and salary negotiation to business strategy, including go-to-market and fundraising.
She is actively navigating board opportunity.
Investor, Mental Health, Gender Equity, Board Director, Speaker, Neurodiverse
3 年Michele Ashby Excited for the journey! Please check out this article if you haven't yet.
Co-Founder of Worth The Fight Fitness ??wtfboxing.com??Principal at Crypto Fund, QuoinVault ??quoinvault.com
3 年I think that there's only so much we as women can do until VCs decide they want to address the diversity issues at the partner and founder level. As long as VC partners are disproportionately white men, the founders they invest in will be disproportionately white men. I've actually had this conversation with multiple VC partners and they feel very confident that they can pick out the best founders and that they aren't influenced by implicit biases that lead them to have more confidence in white men. (I don't think the vast majority of people have bad intentions...I think this is an issue at a subconscious level.) I have a theory that women actually make better founders than men. And I've seen some stats to suggest that female led VC funded companies have more successful outcomes but it's very possibly because they have to meet a higher standard to even get funding. Anyway I'm also not disagreeing that women should do what they can to work on this issue but I also feel it's an issue that requires more than just women fighting it. Perhaps also LPs will start pressuring VCs (or voting with their feet) to be more equitable in their allocation.