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A Balancing Act: Janet Hanson, Founder of Milestone Capital and 85 Broads

By Samantha Ettus


Janet Hanson is the Founder and CEO of Milestone Capital Management, an investment management company which manages over $2.5 billion in assets. After spending 14 years at Goldman Sachs, she founded 85 Broads, a network of professional women now including over 15,000 members.

She is the author of More Than 85 Broads: Women Making Career Choices, Taking Risks, and Defining Success - On Their Own Terms. As a mother of two, Janet Hanson has spent time both as a stay-at-home mom and a full time working mom to children Meredith, 18 and Christopher, 16. Here she shares her insights.

You work in the traditionally male dominated world of finance. Were there ever times when you felt defeated specifically because of your gender?

I never felt defeated because I was a woman but because my ability to lead was diminished due to the lack of opportunities to advance.

However, I fought very hard to be the best so that I could "re-engineer" the outcome-- and beat the odds. I don't think there's anything democratic about holding people back based on color or gender or sexual preference. I think we will all look back someday and anguish over how badly we squandered the opportunity to become not just a rich economy but a just and equal one.


What advice do you have for women facing similar circumstances?

To develop an expertise that most of the guys don't have. I believe that the people who get ahead are the ones who are not lazy thinkers. They are constantly educating themselves, learning more, going deeper, and gaining more insight. I would also save as much money as I possibly could so that I could pull the ripcord and move on if necessary. What hampers most women professionally is they seem to be waiting for someone else to do their life planning for them. That is a very big mistake. You are in charge- today, tomorrow, forever.

December 31, 2006

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