Hello SOTGC community,
When starting your own business, you need a vision of where you want to take it. As an investment advisor and stock and options trading coach, I find it helpful to think of a role model — someone whose life path inspired me, whose service to others I strive to emulate, and how I can take that to the next level.
We can all agree that Suze Orman is a polarizing figure and I’ve found that most women love her. I was a lobbyist for 15 years and I learned that in order to invoke change or make a difference, I would have to get outside my comfort zone…and try something with equal amounts of risk and reward.
After I was laid off in January 2012, I set about to make a difference. I changed industries and went back to my original calling, which is finance. Who in the financial world has made the biggest difference in my opinion? That would be Suze Orman. She can honestly say that millions of people have been positively affected by her straightforward, candid, and sometimes hard-to-hear advice.
USA Today has called her “a force in the world of personal finance” and a “one-woman financial advice powerhouse.” She is a two-time Emmy Award-winning television host, New York Times bestselling author, and one of the world’s top motivational speakers. Suze Orman is undeniably America’s most recognized expert on personal finance.
Why does she inspire me? Because she grew up lower middle class on the south side of Chicago (where our President lived for much of his life), earned a degree in social work, and at the age of 30 was still waiting tables earning $400 a month. Yet she transformed herself by entering the finance industry with no experience and became a stockbroker. She was smart and she had guts.
Suze Orman has taken the confusion out of personal finance. She has devoted herself to educating men and women on how to budget, buy a house, select life insurance policies, finance a car, and every other basic, practical thing they never teach you in school. I graduated from arguably the best business school in the country…the Wharton School of the University of Pennsylvania, but they didn’t teach me how to trade stocks and options. Sure, I learned the theory of how options are priced, asset correlation, and fancy greek symbols like alpha, beta, delta and gamma, but I never learned how to become a successful trader and investor.
I had to learn all the trading strategies I teach others on my own, just as Suze Orman had to learn the personal finance strategies she teaches others on her own.
Will I ever be as impactful to millions as Suze Orman has been? Who can say at this point. But if I can improve the lifestyles in retirement of just a few thousand, I will have achieved a “mitzvah.”
Once you have mastered the information that Suze Orman teaches about budgeting and saving, you’ll be able to afford that Honda. Come to me to learn about trading stocks and options, and you’ll be driving away in a BMW.