The Prof G Pod with Scott Galloway Office Hours: Where Do Companies Keep Their Cash? Dealing With Burnout in the Workplace, and Advice on Reentering the Workforce After Having Children
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Mar 29, 2023 Scott delves into the intricacies of cash management, revealing where companies keep their funds and the implications for small businesses. He tackles the pressing issue of workplace burnout, advocating for self-awareness and mental health. Later, he offers practical strategies for women reentering the workforce after childcare, emphasizing the importance of financial stability and strong networking. His insights provide a roadmap for overcoming the challenges of returning to professional life while managing personal responsibilities.
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Cash Management for Companies
- Keep cash in commercial bank accounts and low-risk money market funds.
- Prioritize safety and liquidity over high yields, especially for public companies.
Addressing Burnout with Your Partner
- Discuss burnout openly with your partner to gain different perspectives.
- Prioritize your well-being; you can't help others if you're exhausted.
Balancing Social Work and Financial Security
- Secure your own financial stability before focusing on helping others.
- Consider shifting to the private sector for better economic security if needed.