Series
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Maria Salcedo

Join hosts Claudia Romeo Edelman and Cynthia Kleinbaum Milner in an inspiring conversation with Maria Salcedo, Senior Vice President of Merchandising at Ulta Beauty, on the latest episode of A LA LATINA. In this dynamic discussion, Maria shares her journey from Colombia to the United States, highlighting the pivotal role education played in her path to success.

Key takeaways from the episode include:

The Super-Power Latinas Have as Decicion Makers: Discover why non-native speakers, like Maria, bring a unique perspective to decision-making processes.

The Cultural Influence Latinas Have in Beauty: Explore how beauty is deeply ingrained in Latina culture and the significant purchasing power Latinas hold in driving growth within the beauty industry.

The Importance of Investing in Your Future: Learn why pursuing an MBA can be a game-changer for career advancement, offering invaluable networking opportunities and transformative experiences.

Get ready to be inspired and empowered as Maria shares insights on mentorship, education, and navigating the corporate world as a Latina professional. Tune in to this episode for actionable advice and compelling stories that celebrate the strength and resilience of Latina leaders.
Show transcript
00:00
Hola. I'm Claudia Romo Elman and I'm Cynthia Kleinbaum Milner and
00:04
this is a podcast,
00:05
a La Latina, the playbook to succeed being your authentic self
00:08
In this episode,
00:09
we have Maria Salcedo,
00:11
Senior Vice President Merchandizing at Ulta Beauty.
00:14
The three key takeaways you're gonna get are number one,
00:18
it has been proven that non native speakers are better at making
00:22
decisions. Number two,
00:23
you're gonna learn how beauty is ingrained in the Latina culture and
00:27
how the purchasing power of Latinas is essential for the growth of
00:31
any company in the beauty industry.
00:33
And number three, how getting an MB A is an investment
00:36
you should consider to propel you to the C suite.
00:39
This and more here.
00:41
A La Latina. Stick around.
00:50
Welcome again to season two.
00:52
We're so excited to be back.
00:54
We have with us,
00:55
Maria Salcedo. She's the senior vice president of Merchandizing from Ulta
00:59
Beauty. She's also a board member at step up a mentorship
01:02
non for profit providing structure for girls.
01:05
She's from Colombia, an engineer by training and she's a bu
01:09
on MB A Maria.
01:10
We couldn't be more excited to kick off season two with you
01:13
Claudia Cina. Thank you so much for having me.
01:16
I'm very excited. We want to start with getting to know
01:19
you a little bit more like who you are,
01:21
what you do and what brought you to be where you
01:24
are and what you're doing today.
01:25
Lovely. So as you know,
01:27
and as you mentioned,
01:28
I'm originally from Colombia.
01:31
I was Bogota.
01:32
I was born and raised in Colombia in kind of like a
01:35
traditional family. I'm the oldest of three.
01:39
I have a younger sister and a younger brother and my parents
01:44
they were very,
01:44
they were very young.
01:45
They had me when they were 20.
01:47
So that creates like a unique dynamic in that sense.
01:50
But traditional kind of like upbringing in Bogota,
01:55
close knit family, always spending time with the family and fortunately
02:01
having many, many wonderful opportunities to live and breathe in that
02:05
amazing, amazing country and you know,
02:08
how important your upbringing is and how it shapes you kind of
02:12
like as you, as you grow up or your parents did
02:14
both of them work.
02:16
Where is your work ethic from?
02:19
So that comes from a long line even before my my
02:23
parents, my dad studied economics and he was a very successful
02:28
businessman working in CPG his life.
02:31
And my mother is a doctor.
02:33
I probably have like a unique story in that sense that my
02:37
grandmother on my mother's side,
02:39
she went to college.
02:41
She actually went to college here.
02:42
In the, in the US,
02:43
both my grandparents on that side,
02:45
we went to college in the,
02:47
in the US. So that is kind of like unique in
02:49
that sense. So how it had shaped me and how it's
02:53
a little bit different is that I come from a long line
02:58
of working women and that was slightly different from kind of like
03:02
the norm even of like my friends.
03:04
Right. I had many of my friends,
03:05
their, their mothers were not necessarily working and many of
03:10
them were college educated,
03:11
but that's not the norm,
03:12
especially when you go back to like your grandparents,
03:15
where they all are able to go to college,
03:17
that's not necessarily the norm.
03:19
So that created a different kind of view for me.
03:23
And when I think about it,
03:24
I wasn't necessarily aware of it.
03:26
It was just how it was like the the strong woman of
03:31
your household. Always,
03:33
always, this is how you experienced it.
03:35
And tell me if it's similar to my experience,
03:38
which is in my family,
03:39
I have couples where the woman worked and couples where the woman
03:43
didn't work and the relationship that I saw of the couple was
03:48
different. And I kind of always wanted to be in that
03:51
couple that both people work and that there's some level of equality
03:55
100%. I think the relationships are,
03:58
are different. And,
04:00
and I even see it,
04:01
for example, in the way my dad contributed to the household
04:07
vis a vis kind of like a more traditional role of the
04:10
of the bread giver.
04:11
Like my dad, my mother is a doctor.
04:13
So she was, and,
04:14
and I, and I share that they got married when they
04:16
were really young. So kind of like I,
04:18
my mother was still going to school and finishing all of her
04:22
years and years of studying medicine when I was young.
04:25
So we would go grocery shopping with my dad and my dad
04:28
took on many roles that were not traditional for kind of like
04:33
the male bread maker in the in the household.
04:36
So that created a different relationship.
04:39
I value it a lot because I saw a lot of partnership
04:42
I saw a lot of support.
04:45
I saw how both careers were very important and how each one
04:50
tried to make kind of like trade offs to support the other
04:53
one I never saw at 1.1 or the other becoming more important
04:58
And it was just a really strong team effort.
05:01
And within that, I think then my dad kind of like
05:05
raised me and my sister thinking that we could do anything.
05:09
I guess this is a message to all the a La Latinos
05:13
to the partners of our A La Latinas.
05:15
The only way that we can get to the top is if
05:18
we have a partner that enables us and that supports us in
05:22
our journey. So at some point,
05:24
we'll start our A La Latino I think that we have seen
05:28
from all our guests,
05:29
the, the the relevance of role models that really make them
05:34
identify with them, seeing mothers that defy age,
05:38
the concept of age because they always felt young.
05:41
And how is that affecting us?
05:43
I think that in your case is professional working and strong
05:47
women, but also a lot of emphasis on education.
05:50
It seems to me that having right?
05:52
And that made you,
05:53
that made your transition to move to the States and stop here
05:57
like a quite natural one.
05:58
Absolutely. Oh my God,
06:00
you're so intuitive in capturing that because it was education has always
06:04
been perceived as something extremely,
06:07
extremely important in in my family and kind of like your
06:11
focus in your younger years.
06:13
Right? And that my dad would use and I'm sure that
06:16
your parents said did funny things like that.
06:18
Like I'm not leaving you a big inheritance.
06:21
I don't have nothing to leave you.
06:22
You have your education and that's how you're going to be successful
06:26
to make your life and be happy in your life.
06:29
So it was always that aspiration.
06:32
So I always knew that we would have the opportunity to go
06:35
to college and, and we did and that I was very
06:38
grateful for that. And then I knew that I wanted to
06:41
pursue like it shouldn't end there and that if I could aspire
06:44
and try to pursue something higher I should.
06:47
And that's kind of like how then coming to the US for
06:50
an MB A came about also something that we have heard a
06:53
lot is the relevance of an MB A.
06:56
Can you talk about that and how transformative that was for you
06:58
Yes, I think it's one of the most transformative experiences
07:02
I've had in my professional career.
07:05
I think you right,
07:07
in, in, in general development,
07:09
I a couple of things that are unique and that,
07:12
that may be, have different angles from us moving into the
07:17
country to pursue it.
07:18
So the full time nature of it,
07:21
the immersion, right?
07:22
Like after having worked for some years that gives you and shapes
07:27
your mind differently, perspectives differently.
07:31
So the focus that you can give at that point in your
07:34
life to education is different than what you've given in the past
07:38
in high school or undergrad where you're more like I have
07:42
to do these things and then you find more application dedicating two
07:46
years of your life to that.
07:48
It's a big investment and it's a big,
07:50
big trade off at any time,
07:51
but also money because you're not,
07:54
you're not making income for two years and also the fees and
08:00
then you're paying. Exactly.
08:01
It's like a, it's a traveling fees.
08:04
It's a very, it's a very expensive endeavor.
08:08
It was, I remember telling my dad it's like more money
08:11
than I've ever seen in my life together.
08:13
Like what I'm what I'm investing in this,
08:15
but it's, it's,
08:16
it's a big bet for me.
08:18
It was also knowing that I was going to be having access
08:22
to these professors that in many cases are like the ones that
08:25
are leading the thinking that are writing the books that are being
08:28
nominated for Nobel Prizes.
08:31
Like it's such a unique experience that if you're ever able to
08:36
think about an MBA,
08:38
I think it, it's worthwhile the,
08:40
the consideration. We haven't actually had a guest with an MB
08:44
A. So let's have a little bit of a conversation because
08:47
I have strong opinions that have changed because I'm sure just like
08:51
with you people come and ask me,
08:53
should I do an MB A like every time in any job
08:56
that I have people come to me and ask me,
08:58
should I do an MB A?
08:59
And at some point,
09:00
maybe, maybe five years ago when I was 10 years out
09:05
of the NBA and I saw a lot of people with an
09:09
MB A not like reaching their full potential and a lot of
09:12
people without an NBA reaching their full potential,
09:15
I started thinking maybe,
09:16
you know, it's not for everyone,
09:18
maybe not, everyone should do an MB A and I'm kind
09:22
of moving in a different direction now,
09:23
I think now most people should do an NBA if they have
09:26
the opportunity because the value of an MB A,
09:29
it's not just the professors,
09:31
it's the network and it's the access that you have to,
09:34
the resources of your school after you do the MB A.
09:38
But I will only do an MB A in a top school
09:40
because it's almost a guarantee that you're gonna a,
09:44
be able to get a loan to study at a very low
09:47
rate. I didn't know that.
09:48
Like, when I went to,
09:49
to my business school,
09:50
I didn't know that most students did not pay cash out of
09:55
pocket for their MB A.
09:56
They got a loan which is in,
09:58
in Latin America, it's unheard of.
10:00
If you don't have money,
10:01
you don't go to school.
10:02
Turns out that here you are admitted to Harvard to Wharton to
10:05
mit and almost automatically a bank is gonna give you the loan
10:09
So money shouldn't be a problem.
10:10
And you should assume that after going to one of those schools
10:14
you're gonna get like the money back because even now for
10:18
me, 15 years after the NBA,
10:19
you're the same year,
10:20
as I, people still say to me,
10:23
you went to Harvard like they see my resume and it was
10:26
15 years ago and it's the first thing that people 50 years
10:29
ago, you look so much younger.
10:32
So I think it's a great investment.
10:34
I think you're a Vampire BB products.
10:36
We'll talk about that later.
10:38
But wait OK, so let's talk about this NBA.
10:41
So we have 62 million Latinos in America,
10:44
32 million Latinas. So 9% of all America is Latina and
10:49
less than 1% manages to finish a higher degree.
10:52
But we're getting better at getting the basic college education.
10:57
So we're graduating from high school,
10:58
73% more than we did.
11:00
10 years ago. We're graduating more from college,
11:03
particularly city colleges and things that are more appropriate for Latinos.
11:07
So I wonder is it really about like going and negotiating with
11:11
schools and saying like do an MB A for Latinos,
11:14
do an MB A Latina which is probably shorter than two years
11:18
So something that people will go a little bit more because
11:21
it's a bit more friendly.
11:23
So that when you're like in hiring positions,
11:26
do you notice a difference when you're hiring people that have an
11:28
MB A? I,
11:29
I think I'm, I'm,
11:31
I'm torn because I can see many,
11:34
many successful stories and many successes without an NBA.
11:38
I can also see many successes with an NBA.
11:41
I would say if somebody asks and when in my,
11:44
in my line of work or as I'm mentoring,
11:46
when people ask me,
11:47
is it necessary to have an MBA?
11:50
I would say no,
11:51
you don't need to have an MB A.
11:53
However, I do super agree with your statement if you have
11:57
that inspiration, if you have that desire and you have the
12:00
opportunity, I would say yes,
12:02
go for it because it,
12:03
it's like a, it's a no regrets Cynthia is really on
12:07
the mark. And I think that is an added value of
12:10
education is also the network that you're able to build the connections
12:15
because they might not,
12:17
at that point, they might seem like either college friends or
12:20
just a professor. But as you go throughout in your life
12:24
you're going to see how these people can have the opportunity
12:27
to become very influential and you can be very influential in other
12:31
people's lives as well and just connection.
12:33
So that is an extremely valuable point.
12:36
I think we need to continue to focus as we help Latinos
12:41
in the US. We need to continue to focus exactly on
12:43
the steps that you said first high school,
12:46
then college, which is why I'm very passionate about step up
12:50
because it's really helping these girls in underserved communities realize their potential
12:56
and they by and large are first time generation to go to
12:59
college. And the difference there is,
13:01
for example, I shared with you guys,
13:02
I have, I,
13:03
I have been very lucky in that I had a line of
13:06
my family that had gone to college.
13:08
So that wasn't new.
13:10
And I had people to mentor me and talk to me about
13:13
that process and that they could share their experiences when you work
13:17
with the girls that I love working with at at step up
13:20
They don't have that right.
13:22
They don't have that support and building a place where our structure
13:26
a process, a program that gives them that support,
13:30
that is game changing because you cannot be what you cannot see
13:35
And I think that's a lot of my drive.
13:36
Like I saw, I saw it since my parents got married
13:39
very young. I saw them progress through their careers,
13:41
which is also something that is not necessary.
13:43
Like I remember celebrating like when my mom graduated from medicine school
13:47
or when my dad got a promotion and he got a new
13:49
job. Like I went through all of those steps with them
13:52
And that is probably where my drive and my ambition comes
13:55
from because I lifted with them,
13:57
sharing that and being able to express the opportunities and the possibilities
14:02
to other populations, especially underserved populations is like my bar on
14:06
biggest passion and I don't know,
14:08
but I don't think it's a matter of making an MB A
14:11
for Latinas because I don't the studies like even access to the
14:14
professors, you can get it online right now.
14:17
Like HBX, you go hbx.com,
14:19
you can get access to almost every Harvard professor mit professor.
14:23
It's about the network that you create that you can then literally
14:28
pick up the phone and say,
14:29
hey, I'm looking at this job.
14:31
I know you work in that company.
14:32
Can you help me get in front of the hiring manager?
14:35
Can you tell me how does the interview process go?
14:38
It's really about the network that you can only create if you
14:41
go in person and you immerse yourself in two years of really
14:45
intense like studies and I was making a joke about traveling,
14:49
but there's a lot of traveling in the NBA and that's how
14:53
you create real friendships where people care about each other.
14:56
So I think what we need is we need to get more
14:58
Latinas to make the bet I can.
15:01
I'm gonna take two years off of my career and I'm gonna
15:04
invest in this because I know that after this,
15:07
I'm gonna be able to pay it back and I'm gonna be
15:11
making more money than my peers that didn't go to the NBA
15:14
That's gonna leap forward.
15:16
Let's assume that's the case.
15:17
Let's assume that we should not create harbor business goals for
15:21
Latinos and that we need Latinas to make the big bet.
15:24
We need companies to support them and we need universities to be
15:28
you know, like welcoming and I think that the three
15:31
elements are ready for now.
15:33
How do we start if you would be?
15:35
You're not like if you would be talking to someone from step
15:38
up and you're like,
15:40
you know what one of the big bets you can take is
15:42
doing an MB A,
15:43
what's the application process?
15:44
How do we guide people?
15:46
I'm just thinking out loud because you're triggering so many good thoughts
15:49
But for example,
15:50
what if there were like step up version two,
15:53
right? Like the follow up program that it actually has the
15:57
structure to support exactly that I did a lot of research when
16:00
I was applying for an MB A and there are,
16:03
you have to do some research and you have to work and
16:05
if you have somebody helping you and guiding you,
16:06
it's great like identifying the different tiers of schools,
16:09
the different strengths of the school,
16:11
what would I get?
16:12
what kind of focus will I get in this school
16:15
versus this other, what kind of learning program?
16:19
Right? Like case based or more academic based.
16:22
What do I want from that then going into the application process
16:26
which is usually a mix of standardized tests,
16:29
although those are being sometimes phased out interviews,
16:32
recommendations and and grades and essays.
16:35
Exactly like so those kind of like five and working through those
16:38
and then they're obviously you have to have a strategy of like
16:42
what am I showcasing here?
16:44
What is like my angle,
16:45
right? Like what is my differentiation?
16:47
So I do think actually that I do think,
16:50
sorry, I do think that actually like having maybe that for
16:53
Latinos like that support not a special program but a special training
16:58
training on how to apply the mean that I think can be
17:03
Exactly because there is just like some savviness about how to
17:07
navigate the system and how to play the game,
17:10
showcasing your strengths to kind of like put you in the in
17:13
the in the best in the best light,
17:15
I was an engineer by training,
17:18
I knew that I always wanted to be in CPG or in
17:21
retail just very close to the consumer.
17:24
And that, that comes from,
17:25
from my dad. I have stories to tell you about like
17:28
what grocery shopping with my dad was like,
17:29
it was like standing in front of the shelves and him,
17:32
like standing there with his little arms in the back and looking
17:35
at everything and being like,
17:36
ok, why do you think they're launching that?
17:38
Look at this. Why do you think this is at the
17:40
top shelf? Like it was,
17:42
this is that you have an MB A with it felt like
17:47
it was like, and one of our favorite things to do
17:51
as a family is like go to grocery stores when we're traveling
17:54
and see the different products and the different assortments like that is
17:57
one of my favorite things to you don't need a dad that
18:00
does this to succeed.
18:02
It is about mentorship and support like that's what I saw.
18:07
That is what in my mind became a possibility and that is
18:11
why I love it.
18:13
So then I'm just right now in a category that's beauty that's
18:15
even closer and nearer to my heart.
18:18
But that's kind of like why shaping and showing people what's possible
18:23
is so so important because or otherwise how as a like 10
18:27
year old would, you know that that is a cool job
18:29
So my angle was always about being very close to the
18:32
consumer leveraging my engineering,
18:35
my engineering skills and obviously being kind of like a transformative leader
18:40
in a different type of perspective in the in the US market
18:44
You didn't use a Latina,
18:45
Latina in the way that and we can talk more about this
18:50
because I know you have some questions around this.
18:52
I think that when you grow up in a smaller country,
18:55
not the largest economy in the world,
18:56
like the US, you always know that there are more things
19:00
out there and you have like this view of there's a bigger
19:03
world, there are different other,
19:05
there are other economies in the world.
19:07
There are different ways of doing things.
19:08
We are a developing country.
19:10
So you come in with a broader perspective because you have to
19:15
because you know that and in that when I was growing up
19:18
in Colombia, 45 million people with a GDP that is lower
19:23
than, I don't know the earnings of Microsoft.
19:25
Like you know that there's more things out there,
19:27
right? So you,
19:29
I played the world view and like the different perspective that you
19:33
can bring to the workforce in the US.
19:36
So that was like my,
19:38
honestly, the role that parents play in marking us in setting
19:44
all, you know,
19:44
setting who we are,
19:45
what you just said about your dad going and asking,
19:49
it's for me the creation of a,
19:52
a huge eye that you have to understand the consumer,
19:55
we're gonna talk about that and I just had a click with
19:59
my dad who was,
20:02
taking me,
20:03
my parents divorced when they were,
20:04
I was very, very young.
20:05
And so my parents,
20:06
my dad took me every Sunday to sunburns in Mexico to have
20:10
a coffee and he left me when I was eight years old
20:14
He left me in my chair and left for 30 minutes
20:17
and came back and then he started asking me like,
20:20
what is the color of the sweater of the person behind us
20:22
How many plants are in this restaurant?
20:24
And he thought it was funny,
20:26
right? Like he thought it was great.
20:27
Like, it was like,
20:28
funny for me to know what was the conversation of the next
20:31
one? Like the first one that he did that to me
20:33
was petrified. And then,
20:35
because it was a recording thing,
20:36
I started being really,
20:37
like, trained as a terminator.
20:39
I came into any place and I was like observing.
20:43
Exactly. And then,
20:44
you know, like I hated him for that.
20:46
But then now I'm so grateful to have an eye that is
20:50
able to absorb and read a room and be able to see
20:53
things, navigate an influence which I think you're great at.
20:56
Exactly. But, but you know what,
20:58
that's honestly the influence that we play as parents in our Children
21:03
without even noticing. And I think that for us transmitting that
21:07
Latino, you know,
21:08
how do you portray yourself because we're in disadvantage as you said
21:12
like from a called Most country,
21:13
how do we actually take that already as a training as parents
21:17
Ok, so we'll,
21:17
we'll make the playbook for like how to apply to an NBA
21:21
The first, the most important thing is apply to the
21:24
NBA. You know,
21:24
like the, the Noya lots Ida Mua said that I think
21:28
a lot of people don't,
21:29
you know what the answer or the outcome is gonna be if
21:31
you don't apply. Right.
21:32
Exactly. So, ok,
21:34
let's move on from the NBA.
21:35
Can you talk to us about your early career after your NBA
21:39
Why did you go to mckinsey?
21:40
What did you learn there?
21:42
Why did I think then you went to Pepsi and then to
21:45
Al and then to ALTA,
21:46
correct? Yes. There are very practical reasons and then
21:50
there are also some that are a little bit more intentional in
21:53
terms of, of my career when I came to the U
21:56
si came on a student visa,
21:58
right? And that is one of the thing,
22:01
one of the aspects of why an MB A was also made
22:03
sense for me is that if I ever wanted to work in
22:06
the US, one kind of like straightforward way to do so
22:10
is through an MB A and then entering the workforce because that's
22:13
how you can get a visa sponsorship.
22:15
So that was a critical and that natural I went to BC
22:18
G which is like I wanted and I've told you all.
22:23
I wanted to work in CPG.
22:24
Well, lo and behold,
22:25
I get here to the US and those companies are not traditionally
22:30
sponsors of visas. So when they go to recruiting to campus
22:34
which is amazing.
22:35
And I was like,
22:35
all there like Victoria's Secret,
22:37
like I remember all of the ones that I would get super
22:39
excited and they were like,
22:40
we don't sponsor international students.
22:42
And I was like,
22:42
ok, so I very quickly figured out it is,
22:47
it is, it is that,
22:47
is, that can be like another thing of all the notes
22:50
that we're taking today that is like those recruiting programs.
22:55
And then that's why you get,
22:57
industries where the initial pool is much more diverse and those are
23:02
investment banks, private equity consulting that tend to just look for
23:08
talent and that they've adopted and built into their,
23:12
I don't know, they call it the cost structure of their
23:14
talent and said, you know,
23:16
what if we want the best talent out there?
23:17
If we want diverse talent,
23:19
we need sponsor visas.
23:20
So that's how you and I right,
23:22
rightfully. So ended up in mckinsey and VCG.
23:25
I think now the companies do it,
23:27
I think Facebook Google.
23:28
But it used to be that really,
23:30
you, you have like three or four options.
23:32
Yes. Yeah. So that was,
23:34
that was, I,
23:35
I forgot that you and I shared exactly that.
23:37
So that narrowed my choices.
23:38
So I was like,
23:39
ok, do I do investment banking.
23:40
Do I do private equity?
23:41
Do I do consulting?
23:42
And if you think about what I already said,
23:44
like what I wanted,
23:45
I wanted to be close to the consumer,
23:47
general management,
23:48
business management. Mckinsey was obviously a consulting was the most straightforward
23:53
So that's the mix of like practical decisions which was getting
23:56
a visa sponsorship versus like more intentional of like this is a
23:59
field that interests me and that this is much more aligned mckinsey
24:03
ended up being one of the best decisions that I've made in
24:07
in my life.
24:08
And it was basically a continuation of the NBA working with
24:12
an amazing, incredibly smart group of people putting you in situations
24:19
completely out of your comfort zone from,
24:22
from day one working.
24:24
Yeah, that's another part.
24:26
I think it's changed too.
24:28
I think it's changed in general.
24:30
It has evolved. The work life balance has become more
24:36
predominant, which I think no,
24:39
but it was like,
24:39
I remember one time being talking about like,
24:42
oh, if I with my husband who was also a consultant
24:44
like if we can get our lives and we can get
24:46
to like only working 80 hours a week or maybe between 100
24:50
and 80 that will be life changing because we were working just
24:54
crazy hours. So I don't know that all our audience knows
24:57
what the consulting industry is.
25:00
So if you can give them both a little bit of insight
25:04
into what it is and also for whom,
25:06
is it a good decision to start their career in consulting?
25:09
Yeah. So there are different types of consulting firms,
25:12
but as the word implies,
25:14
it's a group of people that help advise companies on different projects
25:18
on different questions developing strategies.
25:22
So because of that,
25:24
a consultant has to become kind of like very well versed on
25:28
many different industries and many different types of projects working with different
25:33
clients. But they don't necessarily see the work through to implementation
25:39
or execution, right?
25:40
With that consulting allows you to be as broad as you want
25:45
or as narrow as you want.
25:47
You can become an expert in,
25:49
I don't know, supply chain implementation or a specific type of
25:52
transformation project or you can stay very generalist in terms of strategic
25:56
thinking for, for companies and help companies with specific problem solving
26:01
I do think I'm an engineer by training.
26:04
So I do think that that helped kind of like organize my
26:06
brain and then consulting just really to charge that with a ton
26:11
of structure and frameworks that you can apply just to any question
26:15
you use them. Now I use my frameworks every single day
26:18
every single day.
26:20
I use what I learned at mckinsey and it was,
26:23
it was great. You also learn a lot of partnership and
26:27
organizational navigation because you're working with clients,
26:29
executive presence because you just graduated,
26:32
you have no idea what you're doing and they throw you in
26:34
with a client and the CEO of a company and you have
26:36
to pretend like you're an expert.
26:38
So you also get a lot of yes.
26:42
And, and you were,
26:43
you were two years pretty much in every one of those jobs
26:47
How did you leave?
26:48
Why did you leave?
26:49
And what was your exit strategy at mckenzie when I left mckenzie
26:53
It just so happened that I had a baby along the
26:56
way and,,
26:57
consulting involves traveling a lot like you're wherever your client is and
27:01
you have like short,
27:02
probably like three month long projects,
27:04
maybe six at most at mckinsey at least.
27:07
And,, that travel was really getting in the way
27:10
of the mom. I wanted to be at that stage in
27:13
my life and it was a very personal just decision.
27:17
I didn't leave up my breaking point.
27:18
Sometimes people burn out in consulting or they're done with it.
27:21
I thoroughly enjoyed it.
27:24
I would go back to consulting quite honestly because I think it's
27:26
very intellectually stimulating, but it was just getting in the way
27:30
of the mom. I wanted to be.
27:31
So at that point,
27:32
there are many consultants around the world in many different places.
27:37
a Pepsi,
27:38
head hunter reached out and Pepsi had a ton of
27:41
ex mckinsey's doing strategy for them across the different levels of
27:46
the company. So that's how I came into Pepsi.
27:49
And then remember I was then finally getting into CPG or retail
27:53
which was what I wanted.
27:54
And food is also an area that I super,
27:56
super love. So that's how I ended up working at Pepsi
28:00
I always focus on doing my job right first to
28:06
then kind of like earn your next step.
28:09
I do think it's a good practice if you can.
28:11
It's not necessarily, it might be a little bit more traditional
28:14
It's not necessarily the only path there are many paths.
28:16
But I do think it's great if you can demonstrate and maximize
28:19
every single company and get kind of like a next step in
28:23
every company because that really helps you get the best out of
28:27
those experiences. Demonstrate that you can really focus and be successful
28:32
in many different organizations,
28:34
cultures types of challenges.
28:36
So I've tried to do that in general and for I've
28:41
been able to do that and when I had already been here
28:44
for five years at Pepsi in different roles,
28:46
that's also wonderful about a company like Pepsi where you can have
28:49
many different experiences. The opportunity for Ulta Beauty also came through
28:55
a headhunter. So I am always open to listening to people
29:00
and I think you should always be to listening because there are
29:03
many opportunities and you want to be aware and be the one
29:05
that it makes me feel in control.
29:07
Like if I know I have choices and I've made the choice
29:09
that I am and whether it's to stay somewhere or to move
29:12
somewhere. So this was a headhunter that reaches out about an
29:16
opportunity at Ulta Beauty and Ulta Beauty just really attracted me.
29:20
I've always been a beauty junkie as a consumer,
29:23
it was retail, it was growing.
29:26
I was going to get to start a strategy team from scratch
29:29
which I had,
29:30
I would never get to do that in,
29:31
in Pepsi because Pepsi was much more scaled and established.
29:36
And then the leadership and the team just really,
29:39
I fell in love with.
29:40
So that's how I ended up at Beauty.
29:42
And now it's gonna be almost eight years since I've been there
29:45
in many different roles too.
29:46
I wanna tell you back something that I heard,
29:48
but you didn't say it with these words.
29:50
So you tell me the first one,
29:52
it's very much what I believe.
29:54
And you tell me if you feel that way,
29:56
which is consulting is a really good job.
29:59
It's not a great job for somebody that's like in child bearing
30:04
tires. So it's,
30:06
I think it's the best or one of the best jobs you
30:09
can get right after college.
30:11
It's an ok job you can get right after an MB A
30:14
But after an MB A,
30:15
you don't wanna be spending that much time traveling,
30:18
you're kind of probably trying to start the family.
30:21
So at this point,
30:22
I tell people go do consulting right after college,
30:25
you're gonna learn so much that it's gonna really propel your career
30:29
in the future. If you can't do it after college,
30:31
do it after the MB A.
30:32
But after college best or one of the best jobs.
30:36
And the second one that you said it's,
30:38
you took a job in a company that you saw potential,
30:42
not that you didn't take the job you wanted,
30:44
you took the company you wanted,
30:46
did a great job and then moved internally.
30:49
And I think many times we are looking for the perfect job
30:52
in the perfect company.
30:53
And I think if you had to pick,
30:56
you pick the company,
30:57
not the job, because ultimately,
30:59
if you do a good job and you create relationships,
31:01
you're gonna end up in the job that you like in the
31:03
company, you like,
31:04
you can't change. If you choose a job that you want
31:08
in a company, you don't want,
31:10
you're not gonna then end up in the company.
31:12
You want so many of us,
31:14
I've done it too.
31:14
You take a job that's available,
31:16
maybe not the perfect job,
31:17
but it's a company that you believe in that you like the
31:19
culture and then internally you navigate,
31:22
that's what happened to you,
31:23
right? I I agree.
31:24
And the way kind of like I expressed it in that when
31:27
you say you take a job with a company,
31:30
I think it's that company can provide you experiences that are going
31:35
to be valuable. So I focused on the experience that choice
31:37
was led by, I will get to do something from scratch
31:41
build the strategy team that I think this company deserves and
31:45
should have. And that was the experience I wanted,
31:49
right? And I hadn't had that and I was aware that
31:51
I wouldn't be able to have it in the current kind of
31:54
like structure where I was,
31:56
I was working. So I think you're right.
31:58
And then after that,
31:59
and obviously, this is like just being more mature and more
32:02
savvy and more confident,
32:04
I focus consistently on experiences and that type of projects or the
32:10
type of engagements that I think will be valuable for me to
32:14
add to my tool kit as I continue,
32:16
just like to build my career.
32:18
Seems to me that you were very conscious and very strategic about
32:22
your career like that you had it almost like planned,
32:24
tell us about you and how did you manage to be where
32:27
you are? I think it's a journey and I think we
32:31
we have to enjoy it and we have to have fun
32:33
And if you're not enjoying it,
32:34
if you're not having fun,
32:35
whatever that fun means to me,
32:36
it's being challenged to me.
32:38
It's like feeling a strong sense of belonging and a strong sense
32:42
of purpose. Obviously,
32:43
all of this sounds like,
32:44
oh my God, she has,
32:45
it figured out it comes with age.
32:46
It wasn't like it wasn't as intentional when I was younger.
32:50
Claudia. I just knew kind of like the space where
32:53
I wanted. And I knew that I wanted to achieve or
32:56
at least aspire for something very high and in the corporate
33:01
world, but I didn't know necessarily how at some point it
33:05
became a lot more intentional and I was able to make more
33:07
intentional choices. I do think that having a focus or at
33:11
least having an end goal thinking about it,
33:14
allow yourself to think like,
33:15
what could it look like?
33:18
What could I aspire to be?
33:20
I think helps keep you focused and like eyes on the price
33:24
because it's not going to be an easy road.
33:26
Believe me, there are moments that we've all had where I'm
33:28
like, I'm gonna quit tomorrow.
33:31
This is like the most I don't know,
33:33
disturbing frustrating experience I've ever had.
33:36
But if you keep your eyes on the goal and you're like
33:39
wait, why am I doing this?
33:40
Go back to, why am I doing this?
33:42
Take a breather? I think that goal,
33:46
the focus helps us kind of like align.
33:49
And then it's like all of this merges and then the
33:53
people that support, you know what you're striving for,
33:56
they'll help you as well.
33:57
Your mentors will guide you,
33:59
then you have sponsors,
34:00
it just coalesces. I want to ask what your,
34:04
what are you manifesting now?
34:05
How do you see yourself?
34:07
And also because I think that for me has been incredibly inspiring
34:11
to see how all our other guests either learned later in life
34:16
that they could have a goal and a dream and it was
34:20
not at the beginning.
34:21
And then how do you make sure that others see you like
34:24
the way you see if you see yourself as a CEO,
34:27
how do, how do we make sure that others are going
34:29
to start seeing you as a CEO so that you can propel
34:32
that faster? So,
34:34
and this also comes with like how you manage ambition,
34:37
I understood that I was ambitious in this sense.
34:39
And at some point,
34:40
I was like, maybe I shouldn't be so overly ambitious.
34:43
I think there are ways of being ambitious.
34:45
I am ambitious and you pointed out,
34:47
I do have aspirations of being a CEO.
34:50
Now, that's one of my paths.
34:53
There's I have also an optional path that is a little bit
34:56
different. But if,
34:57
but for now, I'm on the path of I want to
35:00
build all of these experiences towards a bigger general management role with
35:06
significant responsibility. There was a point where I decided that I
35:10
that I saw that as engaging,
35:12
that I saw that as fun that when I looked at people
35:15
in the sui suite,
35:17
I was like, wow,
35:17
I like their jobs like it.
35:19
I would love to do that.
35:21
So that is kind of like where I'm headed right now and
35:26
I've been vocal about it with my mentors at,
35:29
at work. Not we all see Maria Salcedo as a CEO
35:34
if you are recruiting for a CEO.
35:38
Exactly. All right.
35:40
So I wanna share with you one thing guys,
35:43
I went to the World Economic Forum in Davos and this year
35:46
I had the opportunity to talk precisely about mbas and higher education
35:50
with two people, the president of Harvard Business School and the
35:54
president of the University of Chicago.
35:56
And they were both very,
35:57
very, not even excited,
35:59
really focused on getting more Hispanics,
36:01
particularly Latinas from the US.
36:04
And they were mentioning that not a lot of Latinas access the
36:08
incredible opportunities that they there are for financial aid,
36:11
for scholarship, for application.
36:13
It's almost like we solve censor because we are so aware of
36:16
how much debt and how much investment that means that we're like
36:21
self you know,
36:22
self imposing non application without really exploring the opportunities that
36:28
are out there. I,
36:29
yeah, I, I agree and I think that there is
36:31
something that we can definitely think about how to help solve because
36:36
an MB A is a great opportunity.
36:39
And in the US,
36:40
there are many different vehicles to help you fund and pay for
36:45
an MB A so that it's not a debt that you're going
36:48
to have for all of your life.
36:50
So the plan of how to apply to an to an MB
36:53
A, how to access higher education and then how to pay
36:57
pay for it has to be a well thought out one
36:59
but one that we probably need to better communicate that there are
37:02
many different options and that it's very viable and that we do
37:06
need Latinas to apply more.
37:09
There's, I mean,
37:10
there's a lot, we,
37:11
we will gather resources and share them with our audience,
37:14
but there's a lot of scholarships that you can get access to
37:17
that can pay part or the full tuition and even sometimes
37:21
living expenses then whatever is left,
37:24
you can get a loan.
37:25
And I think we have to think about MB A loans or
37:28
student loans differently than college student loans because the salary that you
37:35
going to make after doing an MB A is going to really
37:39
be a big step up from where you are.
37:42
I don't have the data to say that you're for sure going
37:45
to pay back your debt.
37:46
But I feel strongly that you will know,
37:48
but the return on investment has been proven to be higher and
37:52
to be a much safer investment.
37:54
Absolutely. I'd like to talk about like Latinas in beauty overall
37:59
I know that we have an increasing purchasing power,
38:02
9% of the population with 80% of the decisions of the purchasing
38:07
power of the household.
38:08
And that is $3.4 trillion a year.
38:12
That is massive if this would be the Latinas hold 80% of
38:18
the 14% of the population.
38:20
That means really we are responsible for 10% of the GDP of
38:24
America in our decisions and our,
38:26
our decisions have been our most favorite product that we bought 10
38:31
years ago was Mazzola oil today.
38:33
Lipstick. How do Latinas understand beauty?
38:36
What are the insights that you see?
38:38
So Latinas are a hugely important relevant cohort within beauty.
38:45
They over index and spend in beauty overall compared to their
38:50
Caucasian counterparts, Latinas by and large play broader and deeper in
38:55
many more categories across beauty.
38:58
So if you think about it and you think about an ideal
39:01
we call them beauty enthusiasts or an ideal kind of like
39:04
beauty consumer Latinas will basically by and large fit square in it
39:09
So there are things that you can think about,
39:11
think about the role of fragrance in our lives.
39:14
Like fragrance is a huge business.
39:16
It's much, much bigger per capita in Latin countries than
39:21
it is in. For example,
39:22
in the US and fragrance has been growing in the US significantly
39:26
by and large driven by the Latina consumption.
39:29
You have many different fragrances throughout for different occasions,
39:33
you spray more than just once a day.
39:36
I shared an insight in an interview about how and I don't
39:41
know if this was true for you guys.
39:42
But even like when I had my kids and when I had
39:44
my Children scent is so important that it's either colonia baby Johnsons
39:50
or like a fragrance,
39:51
like its super important like from day one,
39:53
you are lathering your kid in some kind of scent.
39:57
So that just gives you an example of how ingrained,
40:00
all of these beauty categories are within Latina.
40:03
So a beauty, it is a huge growth,
40:05
cohort and a huge area of focus.
40:09
It is also very interesting,
40:10
the relationship that Latinas have with beauty and how it's a really
40:15
honest and authentic relationship and maybe a little bit more advanced than
40:21
where the US was.
40:22
It's getting there and I'll tell you why when we grew up
40:25
you've probably heard the term being Vanida.
40:27
And this is really like Vanity.
40:29
If you translate it into English,
40:31
it's vanity and vanity has many negative connotations in English.
40:35
However, in Spanish and in the context that we've used it
40:38
in our culture is not a negative,
40:42
it's like confidence. And did you take care of yourself like
40:46
you want your daughter to be because she takes care of herself
40:50
She thinks that that self care is important.
40:53
She cares about her appearance and that's good and positive.
40:56
So we grew up with a relationship with beauty about if I
41:00
put on makeup, it's not because I'm insecure,
41:02
it's because I'm taking care of myself.
41:04
And this is how I want to show up today,
41:06
right? If I take care of my hair,
41:08
it's not because I'm frivolous because it's self care and this is
41:13
how I get together,
41:14
how I start my day through the pandemic.
41:18
What happened in the general kind of like us culture is the
41:20
pandemic really cemented beauty in self care.
41:23
So now we're seeing the US population also have this very healthy
41:28
relationship with beauty. And in that Latinas are becoming a huge
41:33
focus, a huge trend setting cohort through culture,
41:38
through pop culture, through music,
41:39
think about like Karo G and like how Koji is right now
41:42
establishing a really feminine yet kind of like grunge or not grunge
41:47
but urban approach to beauty and to trend and look.
41:52
So we're seeing Latina influence everywhere.
41:54
But also you were talking about how beauty is transmitted through
41:59
your parents and how that creates like brand loyalty in a very
42:03
different way. I think we can each talk about how,
42:07
what was our first introduction with with beauty and by and
42:11
large, it comes through your,
42:12
through your mother and it's,
42:14
and it's, it's,
42:15
it's a beautiful inside and it's a beautiful process.
42:18
If you think about it,
42:19
it's either put on I do a very Colombian thing that
42:22
is like putting on moisturizer every single day right after you take
42:26
a shower and that's like from day one and like I see
42:29
it how I ask my daughter like chaste crema like every single
42:33
day. So that is how we kind of like breed the
42:37
relationship with beauty. I remember going into my mom's eye
42:42
makeup or makeup drawer and like playing with her palettes and
42:46
and all of that through them,
42:48
we learn like what kinds of brands they like what what
42:52
what product attributes they're looking for?
42:54
Like where do they shop?
42:55
So we also see a very strong sense of loyalty to brands
43:00
to some of these brands that are epitome to beauty in,
43:04
in the US, like a Clinique de la or like like
43:08
the Dior that the brands that have always signified beauty.
43:12
There's a strong affinity and strong loyalty from the Latin consumer,
43:16
Latinas consumer in the US for those brands.
43:19
I just had a moment.
43:20
I used my mom's brands.
43:22
I just like literally,
43:23
I just thought I was like,
43:24
think about hair, like totally,
43:26
I use my mom's brands totally.
43:29
But you know what,
43:29
there's one more piece about the physical aspect of Latinas.
43:33
And I think that this is a great way to get into
43:35
identity, the perception of Latinas very unfortunately,
43:40
is very much associated with our physical attributes,
43:43
denying any other attribute of Latinas.
43:46
So we're seen as sexy,
43:48
loud, beautiful baidoas,
43:51
but never as intelligent decision makers leaders.
43:56
And so by definition,
43:57
if you're not conscious on the biases that you have of Latinas
44:01
then we will be put into corporations in where our physical
44:05
beauty plays a role.
44:06
The reception is the people that are like showing up and so
44:10
on. I I think that that's where it plays a down
44:12
role where we have to be conscious that we can be feminine
44:15
When we come to work,
44:16
we can be beautiful.
44:18
But that there's a stereotype of bias about us.
44:21
So we have to play carefully about it and making sure that
44:23
people don't only see that and we don't accent the the stereotype
44:27
I personally find it super empowering to come into a meeting
44:33
room fully dolled up in a dress with ruffles,
44:37
right? Like a very feminine dress and then just be probably
44:43
the strongest contributor at that table with data.
44:47
Knowing my business cold with insights,
44:50
I find it super empowering to kind of like break that stereotype
44:54
And I think that is where I see my authenticity coming
44:59
through and that I found that way to put the two together
45:02
But I agree with you Claudia for me,
45:04
it's more important that people think I'm smart than they think I'm
45:08
funny or pretty or,
45:09
or like that comes like in second,
45:11
I always try to come to the table of the business table
45:16
with knowing that I'm good at what I do that I bring
45:20
a lot of value that I can create value for for
45:23
a company that I'm insightful.
45:26
And then on top of that,
45:27
this is just how I like to look and like how I
45:29
like to dress. But I find that a source of power
45:32
and I've turned that into kind of like one of my maybe
45:35
super power. Did you ever experience environments in which you had
45:40
to hide your Latinidad to be able to get ahead slightly and
45:45
and how you adapt to the different cultures and,
45:48
and, and you might think about it.
45:50
So, so when I entered,
45:50
for example, consulting,
45:52
I wasn't necessarily dressing the way I do or what the way
45:55
I really like to dress it.
45:57
It wasn't because they told me to do something.
46:01
But I was like,
46:02
I was just like reading the room and looking at others and
46:05
kind of like maybe trying to adapt and conform to what I
46:08
was seeing. That is where I think today with more maturity
46:15
like having lived a little bit longer,
46:17
I would say I shouldn't have done that because I could have
46:20
still be, I,
46:21
I'm glad it didn't last a long time.
46:24
And towards the, towards the end,
46:26
I was, I felt like I was being myself,
46:27
but those are silly things that I don't think you have to
46:30
compromise. I understand respecting organizational cultures,
46:33
but they just making sure that you're not necessarily compromising where it's
46:37
not worth it. That was like a trade off that I
46:39
personally made that wasn't necessarily true to myself.
46:44
And what do you think are the biases that you see in
46:46
your industry towards Latinas or Hispanics in general?
46:51
I do think to your point that there's a stereotype of what
46:54
like Latina beauty means and that's why I brought an example of
46:58
current influencers or other types of talent,
47:02
performers, celebrities that are disrupting and showing the breath of what
47:07
a Latina women can be,
47:10
or the trends that we can set so that it's not necessarily
47:14
only the bombshell or the fiery and fiesta,
47:17
like, like we're all feisty,
47:19
we're all. Yes,
47:20
I agree. But that's not only kind of like,
47:23
what we,
47:24
what we bring to,
47:25
to, to the table.
47:26
There is,,
47:27
another thing that I wanted to talk about of like,
47:30
when and if English is not our first language,
47:35
there are a lot of kind of like stereotypes or assumptions that
47:37
come with you not being,
47:39
having an accent or maybe at some point,
47:42
right? Like not finding the exact perfect word or for example
47:45
I'm an expert at like butchering all of these things in
47:47
English. I'm like,
47:48
what is it? You do?
47:50
I never like, yeah,
47:51
that, that kind of thing.
47:53
There might be some negative connotations that people draw up on,
47:58
on themselves. And I really love to fight to fight those
48:02
And I think that is actually in another panel that I
48:04
was, somebody said it's actually racism because if you think about
48:08
it. And for example,
48:09
in beauty, there are many French people and European people,
48:11
nobody ever thinks that they're not smart because they have an accent
48:14
but they do think that of Hispanics and Latinas and that
48:18
is extremely unfair. So then I went to,
48:21
there's a Harvard study about a behavioral study and it demonstrates that
48:27
non native speakers are very good at decision making when you're making
48:33
decisions. And not your native language.
48:36
Because when you're talking,
48:38
when you're speaking in a foreign language,
48:40
you're better able to remove the emotionality from these decisions.
48:45
So you're better at making very clear moral,
48:49
moral decisions, rational decisions and even more risk taking than only
48:57
like speakers of just one language.
49:00
And when they operate in their own language,
49:02
and I thought that very insightful and I was,
49:04
I thought, huh,
49:05
maybe that's something that I was not necessarily aware,
49:09
English gave me and that maybe that is why I am decisive
49:15
If I try to be decisive to help my teams
49:18
and to help the company,
49:19
maybe these decisions come easier to me because of this,
49:23
because of our language of not being a,
49:25
not a native speaker.
49:26
And I thought that was very interesting.
49:28
It's amazing how getting just reinforcement on something that maybe you already
49:31
knew. But now you have the data.
49:33
Now there's a Harvard study.
49:34
They're like, OK,
49:35
now I can trust my instincts.
49:38
It was a study of like one of those kind of like
49:41
interesting and challenging moral dilemmas of like,
49:43
do you save this or do you save them or others and
49:47
how they did it with native speakers and with non native speakers
49:50
and consistently, it was faster and it was cleaner and clearly
49:53
the right choice when you were a non native speaker,
49:56
we need the link.
49:57
OK. I'll share it with you.
49:59
I'd like to know how being a Latina has helped you what
50:04
elements of your identity and Latini that you can pinpoint and like
50:08
because I'm a Latina,
50:09
even if it's a bias or a stereotype,
50:12
I was able to,
50:13
we're discovering from accent is to bi culturalism,
50:16
bilingualism, but also to more intelligent decisions.
50:19
So what else were I'll tell you another one that I,
50:22
that I love, I think it's not only relevant to Colombians
50:26
I think it's for many other countries.
50:27
I obviously equate it to being Colombiana,
50:30
which is like, what I'm first and foremost and it is
50:33
optimism. I believe optimism is key in being a good leader
50:39
I believe optimism is key in business and in life
50:44
And I do think that my culture tends to be very
50:48
optimistic. If you think about it,
50:50
we're kind of like put in very hard situations.
50:54
Our countries are all very facing like different types of social or
50:57
economic crises, right?
50:59
Hyper inflation, economic downturns.
51:03
I don't know, at Colombia,
51:04
the war on drugs,
51:05
guerrillas and you have to have a certain positive attitude to get
51:10
through it and to not be bogged down as a country.
51:13
And like, I feel my country at least is like the
51:15
little engine that could,
51:16
like everything is falling apart by the end we're there and we
51:19
and we were still.
51:22
Exactly. And then you have a little music and you turn
51:25
it around. So optimism I think would be the one I
51:30
think humor and humor translating into not taking yourself too seriously and
51:34
being self deprecating because that gives you perspective as well.
51:38
Like that helps not have an ego that overtakes your decision making
51:42
And I think humor is also a big part of it
51:45
and then it's kind of like combined with this but resilience like
51:48
you, you knowing that in the conviction that you can get
51:51
through these things somehow and there are many things about Manana Sera
51:56
Mejor or like M de Senna was like the that's resilience,
52:01
right? Resilience and great.
52:03
Exactly. All of the things that you mentioned were,
52:05
were that, that's amazing.
52:07
And I I think that we created this podcast pretty much
52:11
to make sure that we're bringing to the level of awareness that
52:15
people know, our Latinas know the companies that are willing to
52:19
hire Latinas know so that we can make it in half the
52:22
time. So if you could give yourself an advice and have
52:26
the time, like,
52:27
look when you were like 2530 years old,
52:29
what would you say?
52:31
What would be the playbook that Maria Salcedo would give to Maria
52:35
Salcedo Junior and say like,
52:36
do this. I think it's so interesting because honestly,
52:39
I don't think I would have listened to anything 30 years.
52:42
So it probably would have been wasted Omega over my over me
52:45
because I'd be realistic like I'm telling you're not really paying attention
52:49
pay attention. No,
52:51
Omega. OK, Omega.
52:54
But I would tell myself to trust the process because there are
52:58
moments that are very sticky,
53:00
right? That you feel like you're treading in mud.
53:02
And those moments are really hard.
53:04
But those are the moments that really test you and kind of
53:06
like trusting the process because having focus,
53:09
as I mentioned then helps align energies,
53:14
intentions people around you,
53:15
your efforts. So that that way you achieve your goals or
53:19
continue on a path towards your goal because that's another part of
53:22
it. The goal is not everything,
53:24
actually the journey you have to enjoy.
53:26
So that's part of like that,
53:27
that trusting the process and then more tactically one thing that I've
53:32
loved about how the world has evolved.
53:34
I shared with you guys how I saw my dad be kind
53:37
of like an employee at a,
53:38
at a, at a big company and that I,
53:40
and that I followed that path.
53:42
I however had ideas throughout my life of like products or companies
53:48
but I never acted on them because I didn't grow up
53:51
in an environment. And I don't think in general the world
53:54
where we grew up in was really positioned for entrepreneurship.
53:58
But now it is so I don't necessarily think I'm going to
54:02
become an entrepreneur right now.
54:04
But I would tell my younger self,
54:06
like when you have those inklings of products or ideas,
54:09
just know that there is a way and you could create a
54:12
company from scratch because honestly that remember how he said,
54:15
you cannot be what you cannot see.
54:16
That was not even an option in my mind as I was
54:22
growing up at all.
54:23
And I love that.
54:24
It is right now for many people.
54:26
I think that's super exciting.
54:28
That risk is achievable,
54:30
manageable, something that we can do.
54:33
Right. It didn't.
54:35
Yeah, companies were not created the way they are right now
54:38
Yeah. There's venture et cetera.
54:40
Were there any moment in your life or people in your life
54:43
that you feel like you wouldn't be where you are if they
54:46
weren't there or those moments hadn't happened?
54:48
Yeah, definitely. And I think that recognition of those moments
54:52
and how pivotal they're in your life is very,
54:54
very valuable at one of my companies,
54:57
there was a very senior person in hr who at some point
55:00
told me he thought I was starting to get lost in the
55:04
mix and he thought I had incredible potential.
55:07
And that although I was in,
55:09
he was in hr and it probably was not in the best
55:13
interest of the company for him to tell me this.
55:16
He said if you don't get X or Y here in this
55:19
time frame, you need to go out and get this type
55:23
of role because you're that good and I cannot have you kind
55:27
of like waste your potential here and sometimes these things happen in
55:30
companies and that really taught me to take also ownership of my
55:36
career and acknowledge they don't all work out.
55:39
Not all places work out,
55:40
not all jobs, work out.
55:42
So when you start noticing that,
55:44
that you have options and go look for them and,
55:47
I'm always very grateful for him.
55:50
And then my husband,
55:51
we talked, we started talking about partnership at the beginning and
55:54
my husband has always been a fabulous partner.
55:57
He also pursued an MB A.
55:58
He did it after I was,
56:00
and I remember some of my favorite moments with him were when
56:04
he was a student at the NBA.
56:05
And I was already working at mckinsey and we would have some
56:08
of his school events.
56:09
I would go there.
56:10
And obviously at that in those,
56:12
I was the wife and people immediately assumed that I was the
56:17
wife just like in the US for two years with him having
56:21
babies and hanging around which OK,
56:24
it's just don't assume like that's an option,
56:27
right? And he would stand there and he told me that
56:30
this was his favorite thing to do is to just stand there
56:33
and wait for people to ask me questions.
56:35
And then suddenly they realized,
56:37
oh, she also did an MB A and she's working at
56:40
mckenzie and actually that they wanted my job and that they needed
56:43
to talk to me and that he loved that moment when the
56:45
conversation turned around to flip the script and he watched it and
56:49
I never knew that he was looking at that.
56:51
And that he was observing that moment and that he was proud
56:54
of that moment. So find a partner that supports you every
56:57
day. And that came from your parents because you saw that
57:00
you saw that level of party and your grandparents because your
57:03
grandmother was also professional.
57:04
Yeah. Absolutely. OK.
57:07
Do you have any other Latina in mind that you think we
57:10
should invite to the podcast that can help our audience?
57:13
Yes, I think I have many Latinas in and,
57:16
and beauty that are extremely impressive.
57:19
So I'll just give you a list and we have,
57:22
I don't know if you've met Michelle Frayer.
57:25
She's the president of Clinique,
57:27
love her, love,
57:28
her super insightful, great mentor,
57:31
great human, exceptional business person.
57:35
I was just mentioning Kimberly Villa Toro.
57:38
She's the CEO of Patrick Ta,
57:41
a wonderful, wonderful person and also exceptional business person.
57:45
Malena Ira. She's the General Manager at Urban Decay.
57:49
Agnes Landau is the CMO at sho I actually am so so
57:56
proud and so privileged and humbled by this group of women and
58:01
I can continue the list.
58:03
I can continue. And I also did another episode.
58:05
We need to do something bigger like that to coalesce these amazing
58:10
women in the level of mentorship and sponsorship and influence that we
58:17
could have together across our companies in the industry.
58:20
This has been an incredible episode.
58:23
I have learned so much and I grew my admiration and respect
58:26
for you Maria Salcedo from Alta living Latina.