I’m Coming Out, Thanks For Your Support

https://www.linkedin.com/pulse/why-young-girl-should-stay-lea-wiviott-boracchia

When a woman shares her experience after the over 10 years of a very successful career, it’s a big moment. Thank you from the bottom of my heart for all of your support and due to important demand, I decided to share with the world:

As a thought leader to many co-founders in Silicon Valley and entrepreneurs all over, I decided to finally put on paper what every man and woman must know right now.

This is in response to the events happening currently relating to the bronze statue of the fearless young girl (photo above). The statue was installed earlier last month in an effort by State Street Global, a $2.5 trillion investor and unit within State Street Corp to promote inclusion on Wall Street.

I have 13 years of financial experience and am a leading voice in San Francisco but I’m relatively new to LinkedIn Publishing. My co-founder and I have been asked to speak at various incubators, companies, and nonprofits. We often hear by industry leaders that our insight is refreshing and highly relevant.

The year I was born my Mother, a Thunderbird MBA, could not take out a business loan. That same year, the law changed. She was finally able to take out a loan if she wanted without a male co-signer.

She was a new Mom, and eventually a vase company entrepreneur. I was her co-founder, so she said at the time. This positive reinforcement is probably why I’m so strong and always do the right thing no matter what.

I think about the girls and women in finance, tech, girls and women who are entrepreneurs; and girls and women of the world every single day. We really need more opportunities for our women.

Last month when I saw the statue of a young girl on Wall Street, staring the bull in the face, I felt inspired.

I’m now 28, after being by my Mom’s side as the vase company went through product design to manufacturing in China and mass distribution, at 15 I was ready for the Fortune 500 world. I started at State Farm then at 24 I was recruited by Northwestern Mutual San Francisco. By 26 I was a top 50 advisor of my class nationally; by 27 I was the leading advisor in the West of my class at a top wealth management firm. I had a private office in the Famous TransAmerica Pyramid. By 28 I was no longer with the big firm. I decided to go out on my own!

Women lose their ambition by 50% as they move up the ranks. (Any facts I give are cited at the end.)

You can’t argue that males overwhelmingly are the industry of finance, tech, and small to medium sized businesses; as well as CEOs of Fortune 500. The stat is widely known but often people forget then remember again there’s more men named John as CEOs than there are women at the 500 companies. The reason why is simple. Like any business seeking to succeed; for women to succeed anywhere there are barriers to entry, more of them.

For example, it shouldn’t be political. We all have something to do with this. Where I come from there were overwhelmingly few women of power, you’re talking seas of men were our annual conference. The industry has got to change. Back in the 70s affirmative action sought to address this in society by favoring members of a disadvantaged group who currently suffer or historically have suffered from discrimination within a culture.

The fearless young girl on Wall Street is now being challenged by a few prominent members of society. There’s a few reasons they cite for why it should be removed. The artist of the bull is quoted saying it takes away from his art. What this is basically saying is another piece of art can’t compete? Or is it what it represents? There’s a bigger issue here: the discrimination going on in Wall Street, tech, and the world today; and the inspirational stance to look it square in the face. Keeping things the same cannot happen. Women need to be reminded of their naivete as a child; and be fearless like the statue represents.

Women have been and are continued to be disadvantaged for historical reasons, such as oppression or slavery.

The statue looking the bull in the eyes will create a new status quo of opportunities for our women and girls. It was installed after much thought, energy, and hard work by State Street Global Advisors, a $2.5 trillion investor and unit within State Street Corp. Most people support the statue of the young girl on Wall Street. There’s still more supporters than challengers; proving women have more to hopeful about than not when it comes to our future.

It’s been a month since the statue went up and the challengers have come in: The statue of a young girl next to the bull represents not so much partnering as some have said; it’s simply taking us back to a time when we felt more equality as young girls. Staring the bull in the face is what she’s doing, and that’s clearly a girl lacking fear; look at her, she’s ready to compete. Should she be scared to compete? We all know competitive nature is what companies want when they hire. Should she be afraid of anything a man shouldn’t be afraid of?

We’ve made a lot of progress since 1988 when I was born. Women are 4% of venture capitalists and investors. This is not enough obviously. Young girls are more naïve than the women they become. As they age they become less ambitious by 50%. Let’s teach them it’s okay to be in the industry and compete. If they find themselves in one of the many environments not wanting them; therapists say have any idol thought out who you imagine in your head; yes escape mentally while the abuse is taking place and work on envisioning something that can’t hurt you instead.

The statue is an idol made of bronze. It’s stronger than belittling, being called crazy, sexually harassed. Also, if you remember being a young girl or boy on the playground do you remember watching someone get hurt? If so, did you help? If you’re defending companies guilty of unfair false light you’re basically saying let’s keep the status quo.

Men who say you’re about inclusion: I’m not in your heads as to what you really think, want, and fear but actions speak the truth. Let’s start on a clean slate now that a female respected voice of finance, which there are overwhelmingly few of, has spoken. Do you understand the issue? Can you help us?

As we walk in the door Monday morning and get to work all over the world, please don’t hurt us then or ever. Ladies and girls: Please connect with me if you want to be reminded why you’re here or your worth, men please connect if you want to better understand the issue. Also, I was recently hired as a diversity counselor for a major company. I’m incredibly honored to be contacted by companies wanting to learn more about inclusion, because that’s an achievement to speak about and amplify. Please share the message.

This is what resulted in women doubling their representation in the White House, please like and share; and stay dedicated to what you want.

https://goo.gl/itfVYj

https://goo.gl/QqYLD1

https://goo.gl/SxOO8U

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