Community, Courage, and Compensation: Reimagining Your Value and the Power of the Ask
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In this episode of the Power of the Ask podcast, hosts Lisa Zeiderman and Precious Williams reconnect with investor, writer, and facilitator Nirupa Umapathy. Nirupa explores the significance of embracing life’s transitions and advocating for your financial value. Discover how learning to say “no” and understanding your financial landscape can empower you to ask for and receive what you truly need.
Key Takeaways:
- Community is Crucial: In times of chaos and division, the strength of your network and the people around you is paramount for support and growth.
- Seven-Year Cycles of Change: Recognize and embrace the natural rhythms of significant shifts and evolutions in your life and career.
- Advocate for Your Worth: Never undervalue yourself or index your expectations to the lowest baseline; aim for compensation and recognition that reflect your true value.
- Financial Literacy is Foundational: Understand your cost of living, liabilities, and the levers you can control in your financial life.
- Timing and Context in Asking: Be mindful of when and how you make an ask, always considering the context and the other person’s perspective.
- Become a Champion Receiver: Recognize and actively work against societal conditioning that may prioritize giving over receiving, particularly for women.
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About Nirupa:
Nirupa Umapathy is an independent SG-focused investor, writer, facilitator, and classical Pilates teacher. A former Managing Director at Bank of America Merrill Lynch and Whitebox Advisors, she was known for executing complex deals in structured credit markets. After leaving finance in 2017, she redesigned her life around joy and creativity.
Nirupa founded Salons for Life, a community fostering connection through unstructured play, and writes on empowered transitions. She also curates a unique alternatives portfolio, drawing on her financial expertise. Nirupa holds a B.A. in Anthropology and Economics from Smith College.
Important Links:
Savvy Ladies
Precious Williams' LinkedIn
Lisa Zeiderman's LinkedIn
Nirupa Umapathy LinkedIn
Chapters
1. Community, Courage, and Compensation: Reimagining Your Value and the Power of the Ask (00:00:00)
2. Welcome & Introductions (00:00:06)
3. What Is Salons for Life? (00:02:46)
4. The Three Currencies of Life (00:05:27)
5. Shifts Since Her Last Visit (00:07:34)
6. The Money Model Behind Salons for Life (00:10:19)
7. Living Like a First-Year Analyst (Again) (00:13:59)
8. Crafting a Compelling Ask Through Storytelling (00:14:24)
9. Wall Street to Artists: The Value Conundrum (00:17:20)
10. Using Financial Literacy to Sustain a Creative Life (00:20:48)
11. Cost of Life: The Unseen Influence (00:24:54)
12. Know Your Burn Rate (00:27:16)
13. The Power of “No” and Rejection as Redirection (00:30:20)
14. Timing the Ask: Luck, Strategy & Reading the Room (00:35:07)
15. Negotiating as a Woman of Color (00:41:03)
16. High Standards, Diverse Role Models (00:46:56)
17. What’s Next: Margin, Writing, and Change (00:48:41)
18. Final Word: Asking is Receiving (00:50:50)
19. Closing Remarks (00:52:56)
24 episodes