New products, new markets, new investors, and new ways of doing things are the lifeblood of growth. And while each innovation carries potential risk, businesses that don't innovate will eventually diminish.

One of many strengths that I often see in successful women on Wall Street is a responsible balance between risk taking and risk mitigation - the ability to assess situations smartly and make the right medium-to-long-term decisions without being lured into reckless, short-term profit-taking.

Entry-level jobs are excellent opportunites to educate young women about the realities of the financial world and can prepare them for the next move up within the firm or another area of the financial industry.

Adena Friedman Quotes