• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
Most Powerful Women

What It Really Takes For Women To Take On Wall Street

By
Janice Ellig
Janice Ellig
Down Arrow Button Icon
By
Janice Ellig
Janice Ellig
Down Arrow Button Icon
August 15, 2016, 10:30 AM ET
New York Stock Exchange Set To Open After Global Market Plunge
NEW YORK - JANUARY 22: People walk down Wall Street January 22, 2008 in New York City. Following a sharp fall in international markets Monday, the Federal Reserve lowered its lending rate by three quarters of a percentage point to 3.50% Tuesday. This is the largest interest rate cut since 1984 and the first intrameeting move since September 11, 2001. Wall Street came back in morning trading after news of the Fed's significant cuts. (Photo by Spencer Platt/Getty Images)Photograph by Spencer Platt — Getty Images

The MPW Insiders Network is an online community where the biggest names in business and beyond answer timely career and leadership questions. Today’s answer for: “How do you excel in a male-dominated industry?” is written by Janice Ellig, chair of the Women’s Forum of New York and co-CEO of Chadick Ellig.

Men continue to hold most of the top positions in corporate America — that is, 96% of the S&P 500 CEO slots and 99% in Silicon Valley. In the movie that I am an investor of, Equity, which premiered last month, I wanted to tell the story of what women have dealt with on Wall Street. Making an investment in the film’s production was a no-brainer for me and my colleagues after many years working in finance. The stories have to be told, and I hope efforts will be made to cease and desist the demeaning way women are treated.

To be sure, women can succeed working in male-dominated industries. The women I know in Silicon Valley and Wall Street are indomitable, determined and persevering. And while tired of the mistreatment, some are more successful in their quest to get a seat at the table, have their voices heard, and accepted for their minds, not their bodies.

 

 

How do these women do it? It requires navigating five paths — simultaneously. Here’s a look at how:

Be better than everyone else. To be recognized, rewarded, and invited to participate, women still have to be better than men at what they do. Women who succeed know and accept this dirty little fact.

Be known. Not only do they know their stuff, but the “key power players” know them and what they have done. You may not be Facebook COO Sheryl Sandberg, Melody Hobson, or Ruth Porat, but being known in wider circles for your brilliance helps expand your network of power players.

Fill the gap. Women who succeed go where their unique talents are needed and valued. Else, they will move on. They go where they will be paid, included, and have a voice. Of course, we all know no one is indispensable forever, but hitting the ground running when you can fill a gap, and the boss knows that, gives women runway to make a name for themselves.

Be inclusively engaging. Winning women set themselves apart from the pack by connecting with others; they are inclusively engaging; they listen; they constantly build a network of influential promoters. Fundamentally “they are well-liked!!” Let’s face it – people like to do business with those they are comfortable with, and enjoy being with.

See it and be it. To reach a goal you have to have it your mind’s eye, stay focused and not deviate from your path. Even when life throws you a curve ball, resiliency to move forward will get you there. Winning women are in control of their destiny.

Going for the gold is never easy. Ask any Olympic champion what got them over the finish line ahead of others. In any competition it is the survival of the fittest; those who kept focused on their goal and overcame all adversity to achieve victory. Women may not know all the “man-made rules,” but winning women break through those obstacles. It is sheer determination to win – to reach their goal – to never give up. Men make the rules; women win despite the rules.

About the Author
By Janice Ellig
See full bioRight Arrow Button Icon

Latest in

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in

A secretive tycoon known as the ‘French Murdoch’ holds the key to Bill Ackman’s $64 billion bid for Universal Music Group
Personal FinanceInvestment
A secretive tycoon known as the ‘French Murdoch’ holds the key to Bill Ackman’s $64 billion bid for Universal Music Group
By Amanda GerutApril 17, 2026
48 minutes ago
Allison Ellsworth on Shark Tank as a guest shark
Successsuccess
Poppi’s cofounder pitched her startup on Shark Tank while 9 months pregnant and landed a $400,000 deal—now it’s worth $2 billion
By Katie MooreApril 17, 2026
50 minutes ago
Teen boys are dating their AI chatbots—and experts warn opting out of real relationships could hurt their careers in the future
SuccessThe Promotion Playbook
Teen boys are dating their AI chatbots—and experts warn opting out of real relationships could hurt their careers in the future
By Orianna Rosa RoyleApril 17, 2026
1 hour ago
Current refi mortgage rates report for April 17, 2026
Personal FinanceReal Estate
Current refi mortgage rates report for April 17, 2026
By Glen Luke FlanaganApril 17, 2026
1 hour ago
Current ARM mortgage rates report for April 17, 2026
Personal FinanceReal Estate
Current ARM mortgage rates report for April 17, 2026
By Glen Luke FlanaganApril 17, 2026
1 hour ago
Mortgage rates today, April 17, 2026
Personal Financemortgages
Mortgage rates today, April 17, 2026
By Glen Luke FlanaganApril 17, 2026
1 hour ago

Most Popular

Jeff Bezos pledged $10 billion for climate change. With the 2030 clock ticking, his wife, Lauren Sánchez Bezos, is leading the charge to spend it
Environment
Jeff Bezos pledged $10 billion for climate change. With the 2030 clock ticking, his wife, Lauren Sánchez Bezos, is leading the charge to spend it
By Sydney LakeApril 15, 2026
2 days ago
A world going broke: IMF says America's $39 trillion national debt is actually a global problem—and AI may be the only rescue
Economy
A world going broke: IMF says America's $39 trillion national debt is actually a global problem—and AI may be the only rescue
By Nick LichtenbergApril 16, 2026
12 hours ago
Germany already told its workers to ditch four-day weeks and work-life balance. Now the government wants to cut their pay for calling in sick, too
Success
Germany already told its workers to ditch four-day weeks and work-life balance. Now the government wants to cut their pay for calling in sick, too
By Orianna Rosa RoyleApril 16, 2026
1 day ago
MacKenzie Scott is bypassing the Ivy League and rewriting the $79 billion higher ed playbook by giving to HBCUs and community colleges
Politics
MacKenzie Scott is bypassing the Ivy League and rewriting the $79 billion higher ed playbook by giving to HBCUs and community colleges
By Sydney LakeApril 16, 2026
17 hours ago
Current price of oil as of April 16, 2026
Personal Finance
Current price of oil as of April 16, 2026
By Joseph HostetlerApril 16, 2026
20 hours ago
Billionaire philanthropist MacKenzie Scott has donated again—a week after gifting millions to a college, she's just given $70 million to Meals on Wheels America
Success
Billionaire philanthropist MacKenzie Scott has donated again—a week after gifting millions to a college, she's just given $70 million to Meals on Wheels America
By Emma BurleighApril 13, 2026
4 days ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.