Successful Women and Wealth
Coco Chanel once said “there are people who have money, and people who are rich”. She was one of the most successful and one of the 100 most influential people of the 20th Century, as listed by Time magazine. Most notably, this fashion designer who liberated the female form from the confines of the corset, is the only fashion designer to grace this list. Her iconic success and wealth have also outlived her.
There is nothing wrong with a woman being both successful and wealthy, however most women at the top are culturally discouraged from boasting about their accomplishments. Research has found that exhibiting pride in accomplishments is deemed to be unladylike. Sexist codes and gender stereotypes still exist in this day and age. This situation still seems to exist despite women such as Coco Chanel, and other sexist code breakers articulating that they have every right to be filthy rich, and bask in their success.
However all is not lost. According to Forbes – wealthy successful women are an emerging paradigm in the US that is growing faster than that of their male counterparts. According to figures for a two year period, the feminine face of power and financial success has emerged to the tune of 68%, while men is only 36%. Not only that, but they are doing it on their own terms.
Bella Abzug who was a NY Congresswoman (now deceased) predicted that the 21st century would for women “change the nature of power rather than power changing the nature of women.” During 2003, a virtual exodus took place when an abundance of women exited the workplace. NY Times reporter Lisa Belkin called this “the opt-out revolution”. Fundamentally women started waking up to change.
But what is different now? Women have decided to play a different game than men. Not to type- cast genders, women do not wish to sell their souls, or sacrifice their values in order to be well compensated. Women are driven by different things than men it’s as simple as that. It is not perks, profits and prominence that drives a women, but more of a commitment to a higher, more spiritual purpose.
A financially secure female has been found to rarely be motivated by money. It is the deeply spiritual that motivates her – how she is empowered to help others. Women are motivated by the concept of how to make a difference, as well as how to make a profit, not whether they get the corner office. Women tend to be more maternal, natural nurturers who rather than compete, desire to help their staff reach their maximum potential. More than one successful female fashion designer, and real estate magnate have said as much.
Making a difference in the lives of others, in particular the lives of other women, has become the driving force for success and the creation of wealth in many female lives. They do what they are passionate about, not what they need to do to make money. This offers the opportunity to enjoy what they are doing and creating.
More men are now emulating this feminine formula, whilst still many of the fairer sex operate in the male model to make money. There are no hard and fast gender rules so to speak, but the paradigm shift that emerges offers both sexes an opportunity to be free in terms of their leadership style. Women are to be thanked for the shift from command and control, to a new more enlightened leadership approach where everyone wins.