Setting Up Your Twenties for Financial Success (Podcast Takeover w/ Jay Hou)

If you’re in your early career, especially in your twenties, this episode is for you.

Incoming Kearney consultant Jay Hou takes over the podcast and interviews Jenny Rae to identify keys and mindsets to crush your twenties – financially, relationally, and otherwise.

You’ll walk away inspired and equipped to tackle your twenties and set your life and career up for success.

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Transcription: Setting Up Your Twenties for Financial Success

MC: Jenny Rae Le Roux

Jay, I’m so excited to be here today with you. Jay reached out with a couple of specific questions about early career and life, and it was awesome to hear some of the context which I know he’s going to share with you in just a few minutes. And so we couldn’t resist taking this opportunity to flip the script and have him take over the mic for today’s episode. I’m looking forward to your leadership can’t wait for the questions. I hope this gets really spicy, and people enjoy listening.

Jay

Amazing. Yeah, I’m personally such a huge believer that your 20s can really build the foundation for the rest of your life. So I want to dig a bit more into your own personal experiences early on. I’d love to hear what were one or two of the most impactful experiences of your 20s.

MC: Jenny Rae Le Roux 

Amazing. Well, first, I’m going to just give a little bit of background of what I was doing in my 20s, I think that I’ll kind of provide some overarching context. So first of all, I finished college in my 20s. So I was doing my second two years of my undergrad. And I was trying to define who I was and what I wanted to do. When I ended my undergrad, I had a very clear plan, which was to go to medical school. I had one year that I took on the kind of behest, the encouragement of a friend of mine to travel in the year after I graduated.

And so for one year after graduation, my plan was to travel, to get some cool experiences to talk about in med school interviews, and then to come back and do my med school applications while working in a medical center and then go to med school after that. I had a perfect plan. Anybody have one of those? Right, that perfect plan. And then what happened on my travels is that I kind of crashed into the world. And it was the first time in my whole life as a high achiever that I hadn’t been paid and hadn’t been graded to do something. And so I would wake up in the morning, and I would ask this very unfamiliar question, which was, what do I want to do today? What do I want to read? What do I want to think about? I never had an undirected period that wasn’t toward a career or toward an opportunity or toward my future, it was just in the moment. And that was when I connected with my love for business.

So I’ll share a little bit more about that in our time together. After the trip, which was 14 countries, over seven months, amazing experiences, nine of them I volunteered in. So it was really kind of an unusual, special trip. After that portion of my life, I spent about two and a half years living, working and commuting to South Africa, because, it was kind of complicated, I was working with international NGOs. I got a contract with the government of South Africa, I was building a business. So there were a lot of things that were going on there. And then the season after that was my time in consulting.

So I worked at Bain and Company after that portion. I lived in Atlanta, came back to the United States after this tremendous shaping, world-living experience and lived the corporate life for a couple of years. And then at the end of my 20s was my embarkation into entrepreneurship. My 20s were a lot of things. When you say I lived six decades in one day, that was me basically, and that’s not even the sum of it.

I think that one of the most important defining things just to go back to your question, Jay, is that in my 20s, I was really willing to fully embrace radical life changes, which included location changes, and included career changes. And it included even mindset changes; views on the world that were really dramatically changing. In fact, I started out and graduated from college as a socialist, I was pretty anti-business, I thought that business were the bad guys in the world.

I came out of my 20s thinking that business are the greatest value creators we’ve ever seen. I had to be really willing to just embrace change in my 20s, and because of that, I built really remarkable experiences. I built a great sense of self-definition of who I was, and why I was that. It wasn’t an absorbed mentality or an absorbed experience; it was all completely lived. It was really the first time that I had the opportunity to own both my successes and my mistakes without a timeline. I remember the first year after I got out of school, summer comes around. You’ve had summer for your whole life, right? Ever since you were in preschool there was summer, and all of a sudden summer is not summer anymore. You should probably be working or doing something. There isn’t any, ‘we all take the summer off’ moment in your 20s. Just going through those kinds of transitions, were really, really shaping for me.

Jay

Yeah, thank you so much for that overview, Jenny, it sounds like you had such a full 20s. I think one concept I’ve been looking into is that there’s no sunk cost in your 20s. I think some people think they picked the wrong major, they’ve already committed one or two years, and then you realize one or two years is nothing in the grand scheme of things. We’d love to hear more specifically, what are one of the biggest risks you’ve taken in your 20s was, and whether or not it paid off.

MC: Jenny Rae Le Roux 

So Jay, I actually want to address what you said about the no sunk costs in your 20s. I think the only thing that you can do to waste your 20s or is, well, maybe there’s two choices. One choice is to just predefine everything and live by that script, not to embrace the input that you’re getting about yourself and about the world. I think that’s one of the things you could do, you set out on a course and you stick to it throughout your 20s.

I think you can run yourself into early disappointment and a life that feels like it’s just not going where you want it to go. I think the other thing you can do is not commit to anything in your 20s. It might sound like I didn’t do that, I just want to really clarify I committed very fully to everything that I did, but I made short term commitments. I made one or two year commitments to the things that I did. But while I was at it being for example, I wasn’t thinking about what I wanted to do next, I was just 100% in it.

When I was in South Africa, I wasn’t thinking about how am I going to use this at some point for grad school in the future. That was the major shift for me that enabled me to extract the maximum amount of value out of my 20s – is that I was 100% bought in and 100% present for short term. I think that’s been the biggest shift for me, as I’ve moved into later decades, is that I’ve kept the same buy in, but I’ve just extended the timeline. I got married, so I built a lifetime relationship. I have kids, those are lifetime relationships. I’ve bought a farm that I hope I’ll own for my lifetime. Those things I didn’t do in my 20s, I’m kind of glad I didn’t. But the only thing that changed wasn’t the 100% commitment, it was just the timeline. 

Going back to your question about the risks- what were the risks? I took massive risks, and some of them were incredible failures, and I work really hard to be transparent about these because I have recaptured the value of a lot of these risks and failures. I also learned from why they were risks and why they were failures. I have worked in some way to de-risk my life. But, I’ve also worked to embrace the chance that risk is going to lead to failure. And I think both of those have really enabled me to live a full and awesome life. I don’t think you can run for public office without taking risks, for example. So one of them is that I moved my career outside of the traditional United States career.

So moving to South Africa and defining an early entrepreneurial journey was a pretty big risk. And, early in your 20s, you have the opportunity to build career capital that you can bank with for the rest of your life. I mean, right now, I’m almost 18 years after I went to Bain, and 15 years after I left them, that’s where I am in my life right now. I could go to any career that Bain would lead you to, I can still bank on all of that time. But, taking a risk before I went to Bain was a pretty substantial risk because I didn’t have anything to bank on, I had only my own experience, only my own success.

You’ll learn pretty quickly that you don’t actually have any skills coming out of university. You can think and you can write, but when people ask, “can you do this actuarial table?” No. Can you audit this financial statement? You can’t do that? Can you model this business? Probably not, right? There are a lot of things that you can’t functionally do. So I was skilless and I had no bank. So that was one, I took a pretty substantial career risk, the reward was worth it to me, I couldn’t have told you what it was at the time. All I told you was I was running away from what I knew wouldn’t be rewarding. I knew at the time, after spending my time in medical practices, traveling around the world, and in businesses, that I was running away from a life that I thought would be mundane and too focused, as an MD, I cannot tell you how many times I’ve been so thankful for running from that. But I wasn’t running to something. And that’s okay. It was a risk.

The second thing that I did was I took some financial risks, and I actually invested in a business in my 20s. In my late 20s, I invested almost all of my savings into the equity of this business, and it was stolen by two of my co founders, it still today has been one of my most defining experiences, because it felt like all of the money that I would ever have. I spent my 20s saving all that money. Now that money represents less than a quarter of a year. So it felt like I would never be able to make it back, I would work my whole life, and I would suffer under the shame of the loss and the embarrassment of that and the lack of governance that led to it. They were jerks to steal money, but there are things that you can do to help people not be able to steal your money. But, there were other things that would have been helpful in that process, and I learned from those.

What I took away from it was that your timeline changes, and the numbers change over time. It was worth it for me to take that risk to learn some things about myself. What I learned is that I’m not an early equity investor, I’m a buy and hold investor. That level of risk where one 1 of 10 times you make a lot of money, and the other nine times you lose it all I found really, really unsettling actually. And so even though there is a risk profile that’s perfect for that, it wasn’t me. And so that helped lead me to buying businesses, buying real estate and buying other things that I knew I could hold for a lifetime, which really became the defining point in my wealth journey in my 30s.

Jay

We’ll definitely dive into that a bit further, later on. But I’m so glad to hear those two risks you’ve taken; one amazingly positive and one a bit more of a downer, yet you can move significantly from it. The next thing I’d like to touch on is you mentioned your love for business coming into fruition later on in your 20s. So curious to hear how that came about and how that shaped your life philosophy.

MC: Jenny Rae Le Roux

I actually I had a pretty rare opportunity to spend a lot of time with a very senior executive at Coke. Because in the summer after I graduated from college, I did an internship in DC, his daughter was doing the internship, we were connected through mutual friends, and they lived close enough to our house that we commute every day. I didn’t realize how amazing of an opportunity this was. And so I sat every morning in the car with him for 45 minutes, and every afternoon in the car for 45 minutes. And so we would like talk about life and talk about work.

I was 1,000% sold on the only place in business I would ever be willing to work was in ESG. And we’re basically like a corporate social responsibility at the time we call it CSR. But it was basically like it was taking the evilly gotten profits and redistributing them. And if this is resonating with you, I see where you come from, I feel like there is a sense that we all desire what is born and fueled in our early 20s for justice. And I saw that and I felt that and I wanted that. What I didn’t recognize, though, is that redistribution is so far down the value chain. And there’s a huge difference between voluntary redistribution and forced redistribution, right?

And so as I traveled around the world, and I saw countries that focused on having creativity thrive, their business culture was incredibly rich, and then companies that focus on redistribution, were creating a barrier for entry into their market for creatives. And so the shift for me was that I thought that business was about profit. When I was about 23, I was in Thailand, when it just clicked. For me, it was like business is about creativity. It’s the greatest revelation of creativity that we have on the earth. And creative problem solving through business is the greatest force for good, right, it happens faster, it happens that like, most sustainably.

I just walked my kids through this funny story. Two weeks ago, we were in North Carolina and there were five kids that were with us in the mountains, we all went out and got pizza. And we’re sitting there and the kids were making imaginary pizzas, right? So they come to us, and they were like, hey, you know, we’d like to sell you a pizza, the kids have an internal fight about whether the pizza should be free, or whether they should charge for it. And I was like, Okay, everybody, you know, if you give it away for free, you can give it away once. And if you charge for it, you can make it an infinite number of times. It was a shift for me of the difference between what a foundation can do in a very limited way, and what a business can do in a continual way and the creative problem solving that business brings to the world.

I couldn’t be more of a raving fan of business, specifically small business, but also just all kinds, large business, small business, venture capital, business, or family business. The value that business creates is really underrepresented, especially from celebrities and large audiences. And I think that we need to do a better job as business people at just exclaiming the glory of what business brings to the world. And so I didn’t have mentors that did that I had just an environment that was really focused on the downsides and the evils of business. And so I’m really working now to share more of that journey in that story.

Jay

You definitely seem very passionate about this topic. And I think the point you raised is very profound. Definitely business gets a lot of hate sometimes, but something to consider. So next thing I’d like to move on to are the career implications between the intersection of such a hybrid career such as consulting and one’s personal life. So one thing that I’ve been really thinking about is nowadays, young people are moving cities every few years for their jobs. And I’m curious to hear your thoughts on the impact of this on the other areas of their lives, and how one should think when deciding to move or not to move?

MC: Jenny Rae Le Roux 

Yeah, I love it. So the first thing that I just want to say is that I thought, when I started consulting, that I had to be balanced in every moment. Let me describe what I was wrong about. Because what I thought was that every Tuesday, I had to have work life balance, and every week I’d have work life balance every month, I had to have work life balance. I think that work life balance is a macro decision that you make and it happens in seasons.

I’m a farmer now. So I’m a I’m a small time farmer. But we have orchards and cattle and sheep and chickens on our ranch, and gardens. And every season is not a season for planting. And every season is not a season for harvesting. And sometimes the ground rests but in a year, our ground, our land has work life balance, right? Sometimes it works. And sometimes it’s just regenerating into the soil, we have a regenerative farm. That for me has helped me actually really understand what I think the model for work life balance should be.

What it means is you should take all of your vacations. I personally instituted it when I was 18, at the  encouragement of a professor who was an incredibly well renowned professor – one day of rest every week. And so I was able to work 60, 70 and 80 hours in six days, but still recharged for the next 60, 70 and 80 hour week. And so I don’t really care, honestly, where you live, or how many places you live, and I can talk a little bit about the impact of it.

I think you should live in maybe more than one place. I think you get a lot of value, and insight and perspective from living in two. I think that maybe after that you have to pay attention to whether you’re running to or from something .Are you are you building a life on purpose or are you running away from things that you dislike.

I think that people who find things they can dislike in any place can’t flourish wherever they’re planted. And so I really value both. I value, the change in perspective. And I also value a view for longevity. And I don’t think that there is one right solution. But I think two or more is kind of an optimal number of places to live. I think the more important question is, how do you live? You could drop me an any place on the planet, I’m convinced that I could live well, because I have the patterns for my life of rest. I know what gives me rest; outdoor activity like hiking or paddleboarding, that gives me rest. I have no time, I have no technology. But I have like an unstructured time to do that. For some people rest is different. It’s like going to a resort and then doing nothing. I actually cook a lot when I rest. That’s been a great discovery for me. So I think defining what helps you rest and then putting that into practice in your 20s will serve you really well for the rest of your life.

Jay

Yeah, that’s a great conclusion. And I think it’s all about being adaptable. And whatever new city, I personally was in a completely new city, San Francisco for my internship this past summer. And it was a very confidence boosting process in order to go through that, thrive in a new place, find my community. And coming back to Vancouver, I just feel so much more self assured after going through that experience.

MC: Jenny Rae Le Roux

What was one thing that helps you connect to an enjoyable life in San Francisco.

Jay

I think it really came down to finding the right people. Because initially going there, I really didn’t know many people there. Not many people from my school go out to work in San Francisco. And so having to reach out to people go to New Grad meetups, and then really find people that I resonated with. After that I just felt super comfortable and the city was home.

MC: Jenny Rae Le Roux 

Amazing. I love that. What a gift.

Jay

I think we touched on this a little bit but consulting is a very busy job. How should incoming full timers set themselves up while they’re still in college while they have some free time in non career areas or personal endeavors?

MC: Jenny Rae Le Roux 

Yeah, so I think the first thing is just thinking of your career as seasons, no matter what career you start your first year on the job, you’re going to be bad at it. The challenge of changing jobs often is that you’re bad more frequently at your job, you can gain a lot of rapid skill growth, but you are not good at your job, which means that you have less personal margin in that time. And so for people who are constantly moving around, that can be a big challenge. 

For me, I had unrealistic expectations about how balanced my life was going to be. And I also had unrealistic expectations about how prepared I was for consulting. And so looking back now, I would have spent a lot more time practicing modeling, actually. The work that I did in consulting, to build models has helped me do everything since then. It’s helped me be incisive about data that I’ve identified. It’s helped me build products. It’s helped me identify real estate. It’s helped me think about things in a comprehensive numerical way, rather than an algebraic numerical way, which is how you’re taught to think about them in school. I would have spent a lot more time on that and I actually wrote an ebook called three month mastery, which is a available. I’d say that is about the first three months on the job, how to set up relationships, how to set up skills, and what you should really focus on in your first three months on the job.

We’re actually going to be running one cohort of new hires this fall for people who are either graduating or just have graduated and starting, so that we can walk through some of that material together and develop a great plan for career success. Because I think you’re asking the right question, Jay, but not everybody asks it. So it’s kind of an underrecognized superpower if you can be prepared in advance.

Jay

I’ll definitely have to check out that workshop and the ebook. I think for consulting, especially because reputation matters so much how you start will really snowball as you go. That would be a very, very helpful resource for a lot of people. The last section I want to touch on is, throughout your money camp lecture. It’s clear that you’re a huge fan of real estate as a way to keep your wealth and perhaps even growing. I’m curious to hear what kind of financial situation should one be in before they start, especially from the lens of a 20 year old, who’s on a consulting BA salary?

MC: Jenny Rae Le Roux

Well, anytime that you can defray some of a mortgage with a renter, you’re in a position to buy. That’s my first advice. And some of the ways that my husband and I have been able to really build wealth is that we have had people in our personal residences rent from us. And so if you’re in a situation where you’re spending two or three grand a month on an apartment, and you’re splitting that with somebody else, but you could pay 1500, toward a mortgage, and they could pay for 200, toward your mortgage, then I would rather have somebody create wealth in that way early in your life. I think that’s an underutilized, early wealth building opportunity.

When I was in consulting, I lived alone. So the right time for me to do that was a little bit later in life. But I think that’s kind of the first thing.  The second right time to begin to invest in real estate. Essentially, you could invest in real estate the first day you start a new job, you could, I hope my kids will, actually. But I also hope that they will ask the second question, which is how long do I think I’m going to be in this place. And if you’re going to be in a market, you suspect for less than one year, it doesn’t really make sense to invest. If you expect to keep a presence in the market for more than one year, for sure. And ideally, for the technical answer is usually three to four years, then, then I think you should not just invest in real estate, but plan to buy a piece of real estate every year.

The most advantageous, fastest way to buy real estate with the least amount of money, especially in the United States is that you can put 5% down when you live in a place yourself, you can then rent out a portion of it to a roommate, you can move out of it in a year, and rent the second portion to a second roommate, and you can do it all over again. So you can rinse and repeat with the same amount of capital that it would take you to buy one piece of real estate in four years, you can own four pieces of real estate. And so there are multiplier effects when you have renters, and when you live in the properties, yourself. And you have the best opportunity to do that with more rapid moving when you’re in your 20s. 

When you’re in your 30s I’m always thinking, hey, there are other tax code advantages of living in a property or of selling a property that you’ve lived in. So I always talk to my husband, I’m like we could move again this year, but my husband doesn’t want to move. I don’t really want to move either, to be honest. We like our house. When you start to settle into something, it reduces the possibilities of the flexibility of doing that. And then our general focus is that you’re one of two kinds of buyers of real estate. 

One is that you’re the kind who will buy real estate that you live in, and you will generate personal equity from that real estate, you will pay into it and the market over time, potentially through inflation or other means will appreciate. Warren Buffett, that’s him. He has one house and he bought one house and he has lived in it and that house has made money. He’s done absolutely nothing else in real estate because he’s focused his entire career on other things. 

The second type of investor is a real estate investor and so they are the type who lives in a home but focuses on building a portfolio over time. Our recommendation for that is that two houses are worse than one, four houses are better than one, six houses are better than four.Two houses feel like not enough money and a whole lot of headache. Two rental properties feel like that, but four feels like it starts to be real income. And it starts to be real appreciation. And so the multiplier of owning more properties, the earnings that you have. Right now we have people who come to us to rent. We have 30 rental properties, just residential rental properties. 

The multiplier effect of being known in the market as somebody who rents of having efficiencies of your systems, efficiencies of staffing, the knowledge base that comes to help bring down your costs over time, that is a huge advantage that a lot of people I think, don’t understand. Your first one is less of the own, it’s less of a lottery ticket, and it’s more of an investment in a course. And so you think about it really differently. So I would say invest in real estate, when you have renters, who can help defray the cost. And best when you’re going to be somewhere for more than a year and just go for it. You may lose a little bit of money, but you probably won’t.

You can hold the house for as long as you want to, as long as you can rent it out for more than you are paying on it with the mortgage taxes and insurance. And what you’re gonna gain in terms of the learnings is going to be a lifetime off lesson. I’m really, really grateful that we began to invest in real estate, that we started when we couldn’t have gone wrong. Now, in retrospect, we started in 2010. But even today, we’re doing pretty active deal flow. So I think that there are opportunities for wealth building and real estate that don’t exist in other places. It is not our only form of wealth building, it’s not even our highest return form. It is our most tax advantaged form. And it’s a great, great asset class to be a part of, for a lot of other reasons.

Jay

One follow up to that would be does your advice change at all for young people who are going into these cities like New York or San Francisco? Does that change the strategy at all?

MC: Jenny Rae Le Roux 

It’s just a different number. If you’re thinking about living alone, versus if you’re thinking about sharing an apartment with four people, have the three people pay you instead of all of you paying somebody else. New York, San Francisco, buy a place and defray the cost with your roommates. I would recommend that every day of the week.

Owning a $700,000 apartment in New York City: If a bank is gonna give you the money for it, and you can pay the bills on it, I’m not talking about pouring a ton of money into it, I’m saying you borrow some percentage of it and go into the market. New York is a little different than San Francisco just because of the way that a lot of the buildings are owned in co-ops and condos and other things. And so there’s some limitations to how you can buy and what you have to put down that are a little different than in other places. If you ask me about Atlanta, or Miami or Houston, it’s hard for me to justify that. Or if you want to live alone, right? So your house is always meant to serve what you need. If you’re not into living with a bunch of roommates, then yes, my advice does change. Or if some of those requirements to save a lot to put down on something are just an unreasonable barrier to the rest of your life. Sure, don’t worry about it, you’re going to buy a property at some point. But I do think that people generally wait longer than they could not necessarily than they should, but longer than they could. They don’t recognize when the opportunity is available to them. And that’s what I want you to do is to take a look at the opportunity and then make a fully informed choice about whether you buy or not.

Jay

That’s great points of consideration. So I know we’re coming up on time. Now, I want to just ask one last question. A bit more abstract. Looking back what would have been your optimal philosophy on money in terms of enjoying versus saving in your 20s?

MC: Jenny Rae Le Roux 

I love this. Well, I think everybody needs a saving system in your 20s. But I actually think I over focused on how much I saved. And so let me tell you about a mistake that I made that brought this to light.  So when I left Bain and started my entrepreneurial journey, I stopped investing in my Roth IRA. I had a saving system set up when I was at bay. I was saving the maximum into my 401k at Bain, and I was putting money into my Roth and I had some like extra saving.

When I went into entrepreneurship, I didn’t keep my savings system, because I wasn’t making in terms of revenue, the same amount of money. What I should have done is kept the saving system and change the dollar amounts. That would have given me a pretty significant advantage, I could have saved, I could have put money into my Roth out of my savings. Like I didn’t have to make it the same way that I did before. So in transitions, I let my systems go. And what I should have done is just scale the numbers to what my numbers were at the time because people with incremental saving systems build a system for saving over your life that is really, really powerful. 

I remember talking to this one guy at Bain. He had he kept $400,000 in cash at all times. And I was like, bro! What are you doing with this money? He was like I never know when I’m gonna need it. I said, have you ever thought about what it would actually take for you to spend $400,000? What kind of emergency would that be? And so the other thing that I did that I think was really helpful, I started doing this in my 20s. It really helped me in my 30s, was I started to be realistic about what my downside scenarios were.

For example, if I had zero revenue for this long, how much do I actually need? If I had this much loss because of a tenant, for example, in a real estate property that doesn’t pay, how much do I have to have saved in order to do that, and then I would embrace the fact that the worst case scenario could happen. But I set a stop for myself at the bottom of that. So if the number was 10, or $12,000, that was what I kept. I didn’t keep a $400,000 balance. That gave me the freedom to do more with my money to invest in real estate to buy a business, to build a life and to travel, to do things that you have an extraordinary opportunity and time that you don’t have later in your life to just go do some things. I don’t think you should save it all. But I do think you should have a saving systems. I think you should reflect on that system annually. Because I think that’s a really helpful tool to set you up for the rest of your life.

Jay

Amazing. Well, this has been so great. I’ve learned so much in just the past 30 minutes of our conversation. And it’s amazing to me that you’re able to share all of this information for free over the Internet to everyone across the world who would like to access it.

MC: Jenny Rae Le Roux

I’d like to ask you a question. So what’s one thing out of a conversation today that you feel like you’ll take that may change the way that you thought about something? Just curious what your reflection would be?

Jay

Most tactically the real estate idea of hopping from house to house and then being able to get not just a one bedroom, but a two bedroom and then having them split with you. I think that’s definitely the most tactical advice I’m gonna take away. But overall, there’s so many abstract philosophical concepts that we’ve touched on that also are going to influence my decision making for the future.

MC: Jenny Rae Le Roux 

I love it. Well, I’ll make this invitation to you, Jay, I make it to everybody. And so few people take me up on it, that it really doesn’t overwhelm me. But if you’re moving to a city, and you are like, Hey, I’m thinking about buying this property, or this one or not buying, send me the link, I’ll take a look at it. And I’ll give you some advice. I never had anybody to do that for me and I would really love to do that. The same thing holds true. If you’re thinking about buying or starting a business, I really like to do just a two minute high level ‘I would buy this or I wouldn’t and here’s why’. And then we can always do more than that. But just as an open invitation to everyone that’s listening, if you want some advice from somebody, and you don’t have somebody in your network who can provide it for you. I’d love to be that person.

Jay

Again, Jenny, thank you so much for all your time. The insights that I’ve got from Strategy Simplified over my university career has been instrumental in my own personal liquidity journey, and I really cannot thank you and the organization enough. It was so great chatting with you. Really appreciate the time.

MC: Jenny Rae Le Roux

Thanks so much for coming on. Thanks, everyone, for listening to this fun episode. Jay was the one who reached out and made it all happen. So if you’re interested in guest hosting on Strategy Simplified, just reach out to our [email protected]. Don’t forget to subscribe wherever you listen to podcasts, leave a review and, of course, share with the friends.