Janet Hanson, 60, the founder of 85 Broads, started her organization in 1997. She was originally a Goldman Sachs executive at 85 Broad Street (get it?)
Here’s how the 85 Broads website defines the organization:
“85 Broads is a global network of 30,000 trailblazing women who are inspired, empowered and connected worldwide.”
Recently, a well-known financial executive, Sallie Krawcheck, purchased the 85 Broads organization and was quoted as saying:
“For most of my career, I tried to avoid the topic of being a woman in business, vaguely concerned that talking too much about it would hold me back in some way. But I have been thinking about it over the last year . . . a lot. The research and business case for the economic advancement of women is so compelling in a world deeply in need of greater economic prosperity.”
Hanson will keep a stake in the company and become chairman emeritus, according to an article in Bloomberg magazine. “It is time to pass the baton to a younger person who has the energy”, she said when asked about her reason for selling.
I enjoyed the story — especially the part about not just leaving a company but SELLING it! More of us over 60’s are going to do that – hopefully in droves – and hopefully when I am senile enough not to be sick with jealousy. (Yes, a joke.)
What I love even more about this story is that it helps break the myth of “women don’t help each other” or “women do not want to see other women succeed”. I think that’s bunk. Maybe it wasn’t bunk in 1968 when there were only a few successful woman business owners and executives scattered here and there — something likely to make anyone paranoid. (And, as a funny friend once told me — “just because you are paranoid, doesn’t mean someone is NOT out to get you.”)
There have always been women who helped other women. Certainly not every business woman has been a supporter of other women, but in my experience it has been that way more often than not. I would be NO WHERE professionally or personally without all the help I have gotten from women — including Cathy Green the co-founder of Fabulous Over 60. Let me say again: Thanks Cathy!
I just got a copy of Stiletto Network: Inside The Women’s Power Circles That Are Changing the Face Of Business. This book is HOT! It is all about women banding together and helping each other to improve lives and companies and to realize their dreams. I am going on vacation and taking THIS as a beach book!
As “over-60’s”, we may feel a bit disappointed not to be in the forefront of this revolution, but we contributed through our efforts in the workplace to create what Deepak Chopra described as “the next revolution…. the rise of the feminine archetype”.
At this point I am probably a lot more interested in going to Deepak Chopra’s spa than attending power circles. But what I plan to consider-is investing with these new women in some of their ventures that are out to change the world. Now THAT is powerful and fabulous and makes good economic sense.