Sallie Krawcheck explains how loose connections can benefit you

curated from The Business Journals

Sallie Krawcheck, the former finance chief and chair of Ellevate Network, says that loose connections are her key to purchasing 85 Broads, which she later rebranded as Ellevate Network. It started from a plane ride in 2009 where she met Arthur Levitt, the former chairman of the U.S. Securities and Exchange Commission. This led to more introductions and four years later, she connected to Janet Hanson, the founder of 85 Broads.

If you’re not sure what “loose” connections mean, Krawcheck explains that these are the people that you casually meet on a plane or a conference – and those people’s contacts. She further says that your mindset should not be on how these people can help you. You should focus more on giving, not getting.

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