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Lauren Imparato established herself on Wall Street as VP of Morgan Stanley Fixed Income. Then, she quit her job to launch a successful health, wellness, and fitness company.
She has become revered as one of the globe鈥檚 top experts on entrepreneurism. She shares how embracing a new career led to success in this episode of Motivational Mondays.
People have romanticized quitting their job to follow their dreams but Lauren points out that when something becomes your job, it鈥檚 no longer a passion鈥攊t鈥檚 something you have to do. Lauren loved her job on Wall Street. She wasn鈥檛 running away but she was running toward a better opportunity.
She wouldn鈥檛 be where she is today without her decade of experience in corporate America. It taught her skills that she applied to her life as an entrepreneur, which gave her a competitive advantage in the market.
The portrayal of entrepreneurship is that it鈥檚 a holiday from real work. But in reality, once you鈥檙e an entrepreneur, you鈥檙e constantly working. Entrepreneurship is a 24/7 job and it鈥檚 not for everyone.
Ultimately, your clients become your boss. You鈥檙e responsible for handling contracts, collecting payments, and taking care of a team. It鈥檚 not for the faint of heart and it is definitely stressful.
Lauren admits she鈥檇 always viewed women鈥檚 groups as a waste of time. But when she transitioned out of her career, she felt like she lacked an unbiased group of colleagues with whom she could bounce ideas off of. So she co-founded 鈥淭he Association鈥� with Janelle Hallier.
鈥淭he Association鈥� and Lauren鈥檚 other organization, 鈥淲omen in Innovation,鈥� are geared toward helping women thrive as entrepreneurs. The Association is composed of individuals striving to do the best in their careers and get ahead.
They curate groups of 6鈥�10 women who meet once a month and follow a strict timeline. They come together, discuss problems, and create strategies to achieve their desired goals. Their meetings are structured to allow for diversity of thought. It鈥檚 all about problem-solving and creating opportunities.
Listen to the bonus episode to hear Lauren鈥檚 thoughts about women leaders in business and her ideas about the best type of boss to have.
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