While perusing the January issue of Black Enterprise magazine, I read the financial advice of Mellody Hobson. As the president of Ariel Investments, LLC, the largest African-American owned management and mutual fund company in the United States, Ms. Hobson manages over $3 billion in assets and doesn’t stop there. While running the Chicago based investment firm, she also writes for Black Enterprise magazine, and is a regular contributor on ABC’s Good Morning America. On the show she discusses financial issues and gives out financial advice. As if that isn’t enough, she has also been a featured financial expert on the Tom Joyner radio program, and is a director of three public companies: Dreamworks Animation SKG, Inc., Estée Lauder Companies, Inc., and Starbucks Corporation.
A Princeton graduate, and the recipient of an honorary doctorate degree in humanities from Howard University, what I like about Ms. Hobson is that she rose to be President of Ariel Investments, LLC in only ten years. She started at the company as an intern in 1991, and by 2000 she was the President. In an interview she did with the Chicago tribune, she said,
“Women should be strong but not tough, and kind but not soft. I think that’s something that took us a while to figure out.”
Being successful at work while maintaining my femininity and personality is something that I have struggled with. She shows how succeeding in corporate america can be done with grace. Born on April 3, 1969, she’s also a fellow Aries! 🙂
In addition, Mellody Hobson is also very active in her community. She is a board member of the Chicago Public Library, the Chicago Public Education Fund, and the Sundance Institute.
What do you think of Ms. Hobson’s accomplishments? Slow and steady wins the race is the Ariel Investments motto. Below is a short video of her explaining why patience is important for financial growth.
Does her story push you to work harder or at least to keep going? Tell me your thoughts!
Lastly, who would you like to see featured as an Über Sweet?