Mellody Hobson, Co-CEO of Ariel Investments, shares her inspiring journey from a challenging childhood in Chicago to becoming a financial powerhouse managing over $14 billion. She discusses the importance of self-advocacy, navigating male-dominated fields, and the necessity of financial literacy. Mellody emphasizes embracing individuality, the power of mentorship, and the evolving relationship with money. Her insights on resilience and authenticity offer listeners valuable guidance on standing out and leading purposefully in their careers.
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question_answer ANECDOTE
Scarcity Fueled Her Drive
Mellody Hobson grew up on the South Side of Chicago as the youngest of six kids raised by a hardworking single mom.
They faced evictions, disconnections, and scarcity, which fueled her drive and focus.
volunteer_activism ADVICE
Master Expertise and Simplify
Anchor your career in subject matter expertise and go deep in one field to distinguish yourself.
Simplify complex ideas to communicate clearly to varied audiences, enhancing your leadership.
volunteer_activism ADVICE
Test Ideas and Ask Questions
Use everyday people as your test audience to simplify concepts effectively.
Don't be afraid to ask when you don't understand; confident humility is a superpower.
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Emma sits down with the number one person she looks up to in business: to Mellody Hobson. As Co-CEO of Ariel Investments—a firm managing over $14 billion in assets—Mellody is a powerhouse whose influence stretches far beyond Wall Street.
She opens up about her early life growing up on the South Side of Chicago, the youngest of six kids raised by a single mother, and how those beginnings shaped her views on money, ambition, and success. Mellody shares her rare career journey—starting as an intern and rising to president in under ten years, all while staying at the same company for over three decades.
Emma and Mellody go deep on what it takes to thrive in male-dominated spaces, why subject matter expertise is the foundation of real leadership, and how negotiating for yourself is non-negotiable. They also talk openly about money trauma, self-worth, and rewriting the financial narratives many of us carry.
Mellody’s story proves you can build a legendary career without chasing every trend—by staying focused, staying prepared, and staying true to yourself. This conversation is full of hard-won wisdom on how to stand out, stay sharp, and lead with purpose.