Who Is Adena Friedman?

One powerful woman…

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Adena Friedman is the current president and chief financial officer of NASDAQ- the world’s second largest stock exchange in the world. Adena has always been determined to win and achieve excellence in her career, but it took a little work before she reached success.

Education & Career

Raised in the heart of Baltimore, Maryland, Adena attended an all-girls preparatory school at Roland Park Country School and then to Williams College to earn her Bachelor’s degree in political science. After Williams College, she completed her MBA degree at Vanderbilt University’s Owen Graduate School of Management.

Adena started her career journey and worked as an intern as NASDAQ. She then stayed with the company for 18 years before leaving in 2011 to join Carlyle Group L.P.-one of the world’s largest multinational private equity firms. Later on, she returned to NASDAQ as the president in 2014. Adena has been with the corporation ever since.

Personal Life

Her father, Michael Testa, was a managing director of T.Rowe Price for many years. And named after her mother, Adena Testa, is an attorney in a law firm in Baltimore, Maryland.

Related: Who is Jim Umpleby?

She is now 49 years old and married to her husband, Michael Cameron Friedman and has two sons. Adena is not only disciplined and successful in her career, but she is also disciplined as a black belt in Taekwondo.

Adena was listed as #20 out of 100 on the World’s Most Powerful Women by Forbes as well as being the first female CEO of NASDAQ. Congratulations Adena!

About NASDAQ

NASDAQ is the abbreviation for National Association of Security Dealer Automated Quotation system. This corporation is the second largest stock exchange in the world by market capitalization worth $10 trillion. NASDAQ was the world’s first electronic stock market and started trading on February 8th, 1971. The corporation handles approximately 14% of all equities traded worldwide. You may visit NASDAQ.com for extended, updated information on companies traded on the exchange.

Know your CEOs. You may follow her through Twitter:

Check out Adena Friedman (@adenatfriedman): https://twitter.com/adenatfriedman?s=09

Please see About Me & Disclaimer for additional information about Black Tea.

Information Attained:

Forbes.com,Nasdaq.com,Fourtune.com,Wikipedia.com (1)(2)

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Why You Hate Your Job

There are many reasons why people jump from job-to-job. You may be the nicest co-worker in the workplace; always the first to meetings and staying overtime to catch up on extra work. But why are you still down? Here are a few reasons why people can’t stand where they work and are always searching to the next job.

Stress Tolerance

I’ve known many people who have taken anxiety and sleep medication because of the stress level from their job. From large piles of paperwork to handling difficult clients, your overbearing workload may be reason why your job if taking a toll on your happiness.

Just because you are given the title of being a manager, it does not qualify you as having managing skills.

Micro-Managing Boss

Just because you are given the title of being a manager, it does not qualify you as having managing skills. In the workplace, everyone is being pressured by their corporate manager. The leaders of the company hold high expectations (including shareholders) every quarter and if it has to come to threatening your job to get the work done, they’ll do it. But realize that your boss may also be pressured and threatened to do his/her job, which may portray them as being insensitive or careless. Though everyone may have to fight to keep their salary, it’s not a great way to work under pressure.

Lack of Employee Appreciation

There are many people who are underpaid for what they do, but because their manager show them the special appreciation, they will work there for the rest of their lives. Wheather it’s a payday bonus or being nominated for the employee of the month, a little appreciation can go a long way. If you don’t recognize employees, they will feel undervalued and unappreciated.

Since 2016, the Beaure of Labor conducted a survey that the average work-stay was an average of 5 years or less. But it’s plain and simple, people are looking for a job with higher pay. GED or master’s degree, it’s not easy to work in an environment that is hostile or stressful. Find a way you can make work enjoyable for you and keep the workload tolerable.

What Is An ETF?

Stock Talk: Wal-Mart’s Money Moves

WMT (Wal-Mart) has been on the radar lately and they are making money moves in order to keep up with the AMZN (Amazon) giant. So far this year, WMT has spent over $34 million in employee bonuses, expecting to go over $200 million in new store constructions and renovations, and the rebranding of their exclusive fashion lines- George, Time and Tru, Terra & Sky and Wondernation. Senior Vice President, Deanah Baker said in recent shareholder meeting,

“We listened to our customers and are proud to deliver apparel choices that meet at the intersection of everything they desire: on-trend styles, comfort, and quality, all at unbeatable prices.”

Fighing AMZN, WMT still holds the championship of operating the largest clothing retailer in the U.S., accounting for at least 8% of the country.

Though it seems that WMT is on a winning streak, investors were startled by the recent earning report of their decrease in online sales. WMT is expecting improvements for their two-day shipping and store pick-up features.

Many investors believe they still have a long way to go if they want to keep up- including their total debt takedown from $50 million to $46 million from 2016. However, long-term shareholders believe there is still hope and WMT’s money moves will reap the rewards.

What I Didn’t Know About Being An Entrepreneur

Being your own boss can be very difficult. It requires long nights and getting up early in the morning to get a head start on the day. Here are a few things I wish I would have known before starting a business.

Money

It takes a lot of capital to start and maintain a business. Most new businesses fail within 3-5 years and then they may fail within the next 10 years. Business loans are great, but if you do not manage your finances correctly (including taxes) you’re absolutely doomed to failure- no one wants to end a business with a pile of debt.

Time

A lot of the time entrepreneurs give up too early on their business. A business may take over 5 years in order to see profitable results. Keep in mind that perseverance is everything.

Rejection

There will be many times when you will be rejected from other businesses or receive negative customer reviews. What do you do? Fix the situation immediately and move on. Not everyone will be happy with you or be pleased with what you’re doing. But if you maintain a positive and friendly attitude, you will build the right connections for a successful business.

Start Over

Perhaps you’re in the position when you need to start over? Understand this…it’s okay! Ending a business is very painful, but if it didn’t work out simply start over and try again.

Being an entrepreneur is very challenging. Depending on the field of work, it can be exausting and mentally draining. However, if you do what you love it’s always easy to get back up if you knocked down. If you feel exhausted and having doubts, keep going! Those who make it to the top never give up. Stay encouraged, associate with like-minded entrepreneurs, and win the race.