In this week’s Navigator Spotlight, we spoke to Jamie Easton, founder and CEO of The Uptick, a startup media company focused on business news. Jamie started her career in finance, and admits that she is actually brand new to the media world. She shares our unwavering commitment to arm women with the knowledge they need to gain the confidence to take hold of their personal finances, and build a future of wealth.
Tell us about your job as CEO and Founder.
I spent so many years in the corporate world, working for and directly with CEOs. I always admired the vision and passion that these CEOs brought to the companies they oversaw, so it is truly empowering to be in the CEO seat now.
Every day, my role is different and requires me to wear different hats. I need to balance time spent as editor-in-chief, CMO, head of partnerships, head of PR – and problem-solve on the go. Content generation is where I currently spend the bulk of my time – sourcing and writing business news to make it accessible and relatable. Everything starts with a great product.
Why did you choose finance as the focus for your outlet?
I entered the world of Finance after graduating from the University of Pennsylvania. Most of my career was in Equities, and equity markets became a true passion for me. While I feel most confident discussing finance and business, I know that most women do not. Women generally have strong opinions on political/world/entertainment news; however, many feel left out of the conversation when it comes to discussing business.
It is almost 2020, and this needs to change. I hope to empower women with accessible knowledge so they can start forming real interest in business and the markets, and hopefully gain enough confidence to ultimately invest and take hold of their financial futures.
Have you dealt with any boys clubs while nav.ing your career?
Absolutely. The world of finance itself is one giant boys club but getting much better. I could easily write a book (probably better for a movie) about all I have seen and endured during my time on Wall Street.
Early on in my career, I even rejected a year-end bonus, and I could have used the money, as I was only 24 at the time. I felt that the bonus they offered did not reflect the tremendous value or revenue that I had brought to the firm that year. I didn’t reject the bonus because of the specific dollars; it was because the dollars were dramatically less than what was being paid to my older and largely male peers.
I was one of the highest revenue producers, and if I had taken their bonus, I would have been paid in the bottom quartile. So, my rejection of the bonus was more about taking a stand and making a point about fair compensation practices – my value should be judged on my performance and not by my age or gender.
The company did come back and actually ended up doubling my bonus. Still not enough in my view, but I took it and built a great career at this firm. That was not the last time I had to advocate for myself over compensation but certainly one of the more memorable experiences.
In navigating a career in finance, women have to work harder and constantly self-promote to get equal recognition; we are still fighting for equal pay.
Make sure you have a solid financial footing before you dive in. It will take a lot of the early pressures away and allow you to steer clear of hasty or wrong decisions.
What’s one thing you plan on changing come January to make 2020 your financially healthiest year yet?
I plan to cord-cut. With all of the streaming services, I think I will finally stop paying for cable!
What’s your best #moneymove?
Focus on what you know. Start to notice trends, and then learn the public companies behind these trends. If you are on to something early, perhaps it could make an interesting investment. Plenty of people have made careers investing this way…
What’s something you still don’t understand about money?
Money is so hard to make yet so easy to spend.
We’re changing the narrative around money but change can’t happen with a one-sided conversation. That’s why we’re excited to bring different voices and experts to share their wisdom. Send us an email and let us know what you think.
And remember the nav.it money app offers you free tools like aggregated accounts, automated savings, and debt repayment calculators.