EPIC EVOLUTION OF
Women
SHAWNTELL TAYLOR
A HISTORY OF DISPARITIES & INEQUALITY A study done by researchers concluded that in 2021, there are still inequalities in career and business that women all over the globe are faced with, especially women of color. The study published by leanln.org and McKinsey & Co. provides proof that women in the workplace and in business, namely Black women—continue to experience a wealth gap. The study concluded that Black women receive 39% less remuneration than their white counterparts and therefore 21% less compared to that of white women. The glass ceiling phenomenon that women experience in the workplace contributes to the unequal distribution of wealth that plagues society and more specifically, creates generational disparities for women of color. Here is a daunting list of obstacles: Balancing responsibilities Access to capital Fear of failure Inadequate support Gender inequality Difficulty being bold and confident Contracting resources
Author of: Heavy Content & BluePrint Business & Succession Planning
Expensive Lessons In my family, the elders would say, “Bought sense is better than taught sense.” It’s true, a lot of my wisdom and understanding is a result of expensive lessons that I had to learn along the way. During my professional career in the financial industry, I have felt first-hand, many of the disparities and inequalities that black women all over the globe have legitimate concerns about. In 2006, I accepted a position as District Sales Manager for an Ohio based fortune 500 financial services company. Prior to my promotion, there was a white, middleaged male that preceded me in the same office and for the same territory--and my pay was thirty eight percent less than his. To make matters worse, I was assigned more duties and held more accountable by executive level management. As time progressed, I eventually started my own practice and discovered that as an entrepreneur equal pay and contracting would still be an issue and major hindrance for me.
CEO of Midwest Advantage Holdings Company, onestop- shop for all business and financial needs for individuals, families, & small businesses. Founding Board Member of Chayil Incorporated, a nonprofit organization that assists women with achieving their life, career, and financial goals and dreams. Chief Visionary Officer, Shawntell Nicole LLC, Hostess of Podcast, Wealth, Wicks & Wine Quiescent Moments Candles & Wine Company 12645 W Burleigh Rd. Ste 29A Brookfield, WI 53005 262-788-9999
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During recent years, as the CEO of my own financial firm—I have suffered many losses from clients to contracts and unfortunately these very expensive lessons were taught to me by the men in the industry. BE WELL MAGAZINE FOR WOMEN
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