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A Well-Designed Business® | Interior Design  Business Podcast

313: Hilary Hendershott, Personal Finance Expert

A Well-Designed Business® | Interior Design Business Podcast

LuAnn Nigara

Business, Design, Arts

4.8786 Ratings

🗓️ 6 April 2018

⏱️ 53 minutes

🧾️ Download transcript

Summary

Welcome to another Power Talk Friday! Financial planning may seem boring, however, the results of it certainly are not! Today we're very happy to introduce you to Hilary Hendershott, a CFA (certified financial adviser) with a lot of street cred. Hilary, who has been nicknamed The Investor's Voice of Reason, is the founder of Hilary Hendershott Wealth Management, a leading financial advisory firm for women and her mission is to motivate women and their loved ones to be financially empowered through wealth building. On the show today Hilary explains why you really don't need to feel intimidated, as a woman, at the thought of consulting with a financial adviser, so listen in to find out what she has to share with you today about money mindset and the importance of proper financial management. Hilary is also the host of Profit Boss Radio, a weekly podcast where she and her guests offer inspiration, advice, and support for women in their financial journey. She's a TedX speaker, she's been featured in the Wall Street Journal, NBC, ABC, Fox, Daily Worth, Forbes, and Investopedia. Hilary was recognized in 2014 as a Top Forty Under Forty Entrepreneur in the Silicon Valley. She's had more than thirty television appearances and she is considered the go-to personal finance expert in the Silicon Valley for NBC. Listen in now to find out why it's really critical for you to understand your finances. Show highlights: The right time to bring in a professional financial adviser. The importance of saving money. Why it really is well worth spending the money on getting some professional financial advice. Why Hilary sees wealth building as the last female frontier. Why you don't actually have a business until you're paying yourself a CEO's salary. About Hilary's course Money Blueprint For Business Owners. Being well compensated for the liability of running a business. Some financial facts that everyone should know. Not having to feel intimidated by your financial adviser. Not throwing the baby out with the bathwater when dealing with a financial adviser. The functions of a fiduciary. Why Hilary avoids using 'Wall Street speak'. Hilary explains the way that she does her business. Understanding the type of business that you're in. The difference between a lifestyle business and a sellable business. Smart ways to save on taxes by forcing yourself to save. Simple tweaks to help you to build a strong and profitable business. Links: Hilary's website: www.hilaryhendershott.com Other episodes mentioned in today's show: Danielle Liss #171 Jody Padar #229

Transcript

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0:00.0

Have you heard about the exciting new exhibit by the Black Artists and Designers Guild,

0:05.6

which was commissioned by the Cooper Hewitt Smithsonian Design Museum in New York City?

0:11.1

Big news, right?

0:12.6

The Cooper Hewitt's exhibition is called Making Home, Smithsonian Design Triennial.

0:18.2

Now, the batch designers exhibit is titled the Underground Library,

0:23.8

inspired by the Underground Railroad. The Underground Railroad is the clandestine network

0:28.6

established in the early 19th century through which many enslaved African Americans

0:33.6

traveled in search of freedom. This library installation represents a 21st century sanctuary surrounded by art, objects,

0:43.5

artifacts, and books of black legacy.

0:46.9

In reimagining and repurposing the Andrew Carnegie Personal Library,

0:52.7

badge invites you to examine the power of home libraries

0:56.1

and the significance of literacy, remembering that African Americans were denied the right to read

1:02.3

under slavery. I'm honored to share that Window Works in Livingston was asked by badge to create

1:08.7

the flat panels for the windows. We used a custom design fabric

1:12.5

by badge members, and the fabric was fabricated by Stacey Garcia's team at Libatex. So please make a

1:20.0

point to visit this inspired space the next time you are in New York City. The exhibition runs

1:25.5

from November 24 all the way through August 10th,

1:30.0

2025. So you have plenty of time to get this on your calendar. We will put links in the show notes. Welcome to a well-designed business.

1:50.8

My name is Luann Nygaara, and I'm so glad you found this podcast.

1:54.6

Together with my husband, Vince, and our partner, Bill, we have grown our company Windowworks from the ground up.

2:00.3

So I know and I understand the challenges you face in running your interior design business.

2:06.6

I also know that your talent alone isn't enough to ensure your success.

...

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