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Susan T. Spencer's Briefcase Essentials for Women in Business

May 10, 2011 / 16:55

This episode features Susan, who discusses her journey as an entrepreneur and her experiences in male-dominated industries. Key topics include her early ventures in fashion, her role with the Philadelphia Eagles, and her insights on women's leadership in business.

Susan shares how her frustration with tennis dress designs led her to create a successful clothing line. Despite initial setbacks, she learned the importance of asking for help and building relationships in business.

She reflects on her time as legal counsel and general manager for the Philadelphia Eagles, emphasizing the challenges she faced as a woman in a traditionally male role. Susan also discusses her father's influence on her career and the lessons learned from their relationship.

Later, she transitioned to the food distribution business, highlighting her determination to learn and adapt despite lacking prior experience. Susan stresses the significance of loyalty and personal connections in business.

The conversation concludes with her thoughts on the ongoing discrimination women face in various industries and the need for women to advocate for themselves in the workplace.

TL;DR

Susan discusses her entrepreneurial journey, challenges in male-dominated industries, and the importance of self-advocacy for women in business.

Episode

16:55
00:00:03
[Music]
00:00:18
Susan thank you very much for joining us
00:00:20
today congratulations on your new book
00:00:22
briefcase Essentials thank you very much
00:00:24
um as a young woman you played tennis
00:00:27
but you didn't like the unflattering
00:00:29
short straight cut tennis dresses that
00:00:32
frustration motivated you to create a
00:00:34
dress that better suited your figure
00:00:36
soon your friends asked you to make them
00:00:38
dresses in the same style how did that
00:00:40
set you on the road to start your first
00:00:41
company well when I made the dresses for
00:00:44
my friends I found out at the end of the
00:00:46
day when I counted my money that I had
00:00:48
less than I started with so I didn't
00:00:49
think that was a good proposition to to
00:00:51
be able to be making any more for my
00:00:53
friends so I said well maybe I could
00:00:55
sell these I could actually sell this
00:00:57
and actually be in a business which was
00:00:59
a shocking thought at the in in my 20s
00:01:02
and so I said well let me just try it
00:01:04
you know I just go see if I can find
00:01:05
somebody it'll make these dresses on a
00:01:07
mass production basis in small
00:01:09
quantities for me and I called around
00:01:13
and used the fancy Yellow Pages in those
00:01:16
days that's what we had and it worked
00:01:18
great and I found a a Russian immigrant
00:01:20
who was welcoming told me to come to the
00:01:22
his plan I told him I didn't have a
00:01:24
business but that I was thinking about
00:01:25
it and he was very hospitable and
00:01:28
charming and spent a lot of time time
00:01:30
with me and within two months I was in
00:01:33
business what an extraordinary
00:01:35
experience um what what did you learn
00:01:37
along the way as you um were an
00:01:40
entrepreneur for the first time well
00:01:42
what I realized is that if a thing that
00:01:46
natur women naturally do is they don't
00:01:48
have a problem asking for help if in
00:01:50
fact it's asking for something that has
00:01:52
a purpose behind it and for example in
00:01:56
business if you want to get started and
00:01:58
you're looking for a manufacturer
00:02:00
by asking somebody who is a
00:02:02
manufacturer you know will you help me
00:02:04
will you help me will you make my
00:02:06
dresses and what else do I need to know
00:02:08
well if you're going to offer him an
00:02:10
opportunity perhaps to get some business
00:02:12
from you then there's that's a good
00:02:15
reason to ask them for help and he then
00:02:17
sent me to a pattern maker and said you
00:02:19
must have a pattern maker a fancy
00:02:21
pattern maker somebody that's been in
00:02:22
the business a long time that does it
00:02:24
for mass production so and he he gave me
00:02:27
the names of some material suppliers and
00:02:29
he said these are the kind of materials
00:02:30
I would suggest go on your way come back
00:02:33
when you have it and without that I
00:02:35
would not have gotten started in the
00:02:36
right direction that's great thank you
00:02:40
um although you had many successes in
00:02:41
the in the first Venture ultimately you
00:02:44
were forced to close the business what
00:02:46
happened and how did that experience
00:02:47
influence you in later uh business
00:02:49
ventures permanently indelibly said
00:02:53
never take a
00:02:54
partner because you really don't know
00:02:56
what a partner is until you live with
00:02:58
them whether you live with them as a
00:03:00
husband and wife or whether you live
00:03:02
with them as a partner in business you
00:03:05
they might look great on paper they
00:03:06
might have great skill sets that doesn't
00:03:09
show you how well they use their skill
00:03:11
sets so you really don't know until
00:03:13
you're into business with them so I have
00:03:15
two rules now my rule in business was
00:03:17
never take a partner and I never did
00:03:19
never again but if you're going to take
00:03:21
a partner you better have a honeymoon
00:03:23
trial period with lots of good contracts
00:03:26
written written lots of information that
00:03:29
allows you an out that doesn't destroy
00:03:31
your
00:03:31
business in 1976 she moved to
00:03:34
Philadelphia with your husband and young
00:03:35
daughter and began law school two years
00:03:38
into your education you convinced your
00:03:39
father Leonard to to hire you as legal
00:03:42
counsel for his business he was then
00:03:44
owner of the Philadelphia Eagles
00:03:46
football team as many know soon you were
00:03:48
legal counsel vice president and general
00:03:50
manager you write that although you were
00:03:52
general manager and ran the day-to-day
00:03:54
business it would not be made public
00:03:56
what why was that and how did it
00:03:58
eventually become public
00:04:01
well it was kind of ridiculous to say I
00:04:02
was the acting general manager but I was
00:04:04
calling all the shots so I think the
00:04:06
media came to that conclusion much
00:04:08
quicker than my dad did my dad felt that
00:04:10
being a woman in that business would be
00:04:12
very negative for him as a macho guy and
00:04:16
also for me because I would be subject
00:04:18
to a lot of criticism and a lot of abuse
00:04:20
but the truth was I got it anyway so it
00:04:22
didn't matter and Philly fans are tough
00:04:25
they're very tough and when you put into
00:04:27
place you take a macho all male
00:04:30
stereotypical business like football and
00:04:33
you say okay now I have a woman who's
00:04:34
managing the operation it doesn't go
00:04:37
over well it just doesn't and the fans
00:04:40
were very angry they really were they
00:04:42
were they were frustrated they were
00:04:43
angry and every loss was my loss and
00:04:46
everything I did was my fault and
00:04:49
eventually you figure out either I take
00:04:51
it and I handle it and I handle it
00:04:54
within myself or I get out and um my
00:04:57
option was to stay and hang hang in
00:05:00
there which I did until my dad sold the
00:05:02
club that's right and to this day um
00:05:05
you're the only General Manager who is a
00:05:07
woman for an NFL team do you see that
00:05:10
changing not unless there's a lot of
00:05:12
dads who bring up business daughters who
00:05:15
really are convinced they want to take
00:05:16
the flak because it's a lot of flak and
00:05:19
if you don't know yourself well if
00:05:21
you're not comfortable with who you are
00:05:23
you better not be in a place where
00:05:24
everybody doesn't like you because then
00:05:26
it's really going to make it you're
00:05:27
going to have a lot of bad days
00:05:30
thank you what was it like to work with
00:05:32
your father and what did you learn from
00:05:34
him um also how would you say he
00:05:36
influenced you on your professional path
00:05:39
well he probably got me into a
00:05:41
professional path in spite of him
00:05:43
because he was a typical father of that
00:05:46
generation that said women should be at
00:05:48
home and he always wanted boys he had
00:05:51
two girls so we got exposed to business
00:05:54
but not because he intended the exposure
00:05:56
it just was there because business was
00:05:57
all around us he was a businessman so he
00:06:00
was always doing business deals so we
00:06:01
would be like flies on the wall so we
00:06:03
absorbed a lot of the information that
00:06:05
he was sharing but not trying to share
00:06:07
with us and I think that because he was
00:06:10
not pro women in business that I was
00:06:13
driven to be in business in order to
00:06:15
kind of prove to myself that I could do
00:06:17
that and so I think he was a very
00:06:19
important force in my life and my early
00:06:21
force of going into business just
00:06:24
because I thought it was something I
00:06:25
should do that felt right for me and the
00:06:28
Eagles really came kind of in the back
00:06:30
end I wasn't looking for a job at the
00:06:32
Eagles I went to law school because I
00:06:34
had a fight with my partner in my first
00:06:36
business and said I'm never going to let
00:06:38
that happen again I need to understand
00:06:40
what I'm doing I need to understand the
00:06:42
consequences of contracts if they're
00:06:44
poorly written it can get you in a heap
00:06:46
of trouble and I didn't want that to
00:06:48
happen again so I went to law school to
00:06:51
get the education so I could have that
00:06:54
discipline but I really wanted to be
00:06:56
back in business but at the time when we
00:06:58
moved back back to Philadelphia because
00:07:00
I went to Villanova Law School my dad
00:07:02
was in the same neighborhood that I was
00:07:04
we hadn't been together in maybe 15
00:07:07
years and uh as a result of that I got
00:07:11
to see him more often than I did over
00:07:13
the 15 years not a lot but once in a
00:07:16
while and I happen to ask him one day at
00:07:18
dinner who was what law firm was he
00:07:20
using and how much was he spending
00:07:22
because the team was always losing money
00:07:24
so he said I'm using a very the largest
00:07:26
firm in town and I'm using the senior
00:07:27
partner so I said that has to be a lot
00:07:29
of bucks he said it is so I I said to
00:07:32
him I'll do it for $50,000 a year he
00:07:35
said fine when can you start how about
00:07:37
tomorrow because I told him that the
00:07:39
kind of law that was necessary at a
00:07:41
professional football team was really
00:07:43
very basic law it was something that a
00:07:45
first or second year lawyer could do it
00:07:47
wasn't complicated law because the big
00:07:49
complicated lawsuits were handled by the
00:07:51
National Football League so I was able
00:07:54
to kind of bluff my way through that for
00:07:55
a year or two and while I was there the
00:07:58
business side of me really really kicked
00:08:00
in because I was very interested in how
00:08:01
he was running the business and what he
00:08:03
was doing and how he was doing it so I
00:08:06
did a lot of research and I paid a lot
00:08:08
of attention to what was going on and I
00:08:10
would go in and talk to my dad when he
00:08:12
was in the office he usually came in
00:08:14
late in the afternoon and say dad do you
00:08:16
know that such and such is you're
00:08:18
spending money for such and such and he
00:08:20
never answered me and he never indicated
00:08:22
that there was any issues with it I just
00:08:24
felt he should know if he didn't know I
00:08:26
wanted him to know even though maybe he
00:08:27
didn't want to know and that one for two
00:08:29
years I kept saying do you know about
00:08:31
this expense and do you know about this
00:08:32
one and he just kind of looked at me
00:08:34
didn't say a word and I so I left but it
00:08:37
didn't deter me I continued to do it and
00:08:39
I was kind of like the pest on the wall
00:08:41
that just wouldn't go away because after
00:08:44
all it's my dad it's my it's the family
00:08:46
business if you look at it that way and
00:08:48
I wanted to protect it for the family if
00:08:50
I could and one day he called me in and
00:08:53
he said I just fired the general manager
00:08:55
you fire everybody else so I figured
00:08:58
once I fired everybody else I just
00:09:00
stepped right up became something else I
00:09:02
became a vice president and a GM so that
00:09:04
was kind of an interesting day it was a
00:09:07
kind of a a total surprise for me I
00:09:09
didn't think about it I didn't yearn for
00:09:12
it I wasn't looking for that job but it
00:09:14
turned out I got it um after the team
00:09:17
was sold you saw an opportunity to start
00:09:19
a business complimenting the burining
00:09:20
casino business ultimately you started a
00:09:23
food distribution business which was
00:09:24
outside of your experience at that time
00:09:26
how did you ramp up your knowledge at
00:09:28
that pace at the pace that was required
00:09:31
how did you build trust among your
00:09:32
clients and employees and what did you
00:09:35
learn along the way I think the best
00:09:37
lessons I learned were learned in my
00:09:39
first business after my dress business
00:09:42
and that was in the food distribution
00:09:43
business you can take a business you
00:09:45
know nothing about and if you're a good
00:09:47
study and if you're smart and if you're
00:09:50
driven and determined you can learn an
00:09:52
awful lot about that business and that's
00:09:54
what I did I studied every product that
00:09:56
I thought would be possible to sell to
00:09:58
the casinos and one of the buyers of one
00:10:00
of the casinos gave me his purchase book
00:10:02
so it was a couple thousand pages of
00:10:04
what he bought and how much he spent and
00:10:06
what the wholesale price was so it was
00:10:08
like going getting a college degree in
00:10:10
food Pro in food distribution so I
00:10:13
studied it it took me about three four
00:10:14
months to really study it and understand
00:10:16
the items and then I kind of
00:10:18
cherry-picked the items that I thought
00:10:20
would be good for my business as a small
00:10:22
supplier to be able to compete with the
00:10:24
big guys and a lot of it was fresh
00:10:26
product because the fresh product was
00:10:28
harder to handle
00:10:29
it was much you got much better margins
00:10:31
because it's very hard it's very
00:10:32
perishable if you don't keep the
00:10:34
temperature in your truck right the
00:10:36
stuff goes rotten on you so then it's no
00:10:38
good nobody will take it so I ended up
00:10:41
finding the vendors in Philadelphia for
00:10:43
every product that I sold to the
00:10:45
Atlantic City casinos and I would just
00:10:47
walk in and introduce myself and say I
00:10:50
have this little business it's I'm
00:10:51
Distributing the the casinos do you want
00:10:53
to sell them and they would say yeah we
00:10:55
sure do and most of the people I dealt
00:10:58
with were not not the owners they were
00:11:00
either the supervisors the plant
00:11:02
managers in most cases they weren't
00:11:05
sales managers these were small
00:11:06
processing plants so there was most of
00:11:09
the business was done by the manager of
00:11:11
the plant and they just gave me carp
00:11:14
lunch to go take the product in and try
00:11:16
to sell it and I did and then I got
00:11:19
contracts with them to continue although
00:11:22
they were kind of very loose 30-day
00:11:24
cancel cancellations not nobody ever
00:11:26
turned and went to after I built the
00:11:28
business nobody ever turned and went
00:11:30
somewhere else and left me behind so
00:11:32
there was a lot of loyalty but when you
00:11:34
make acquaintances with people in your
00:11:37
business whether they're suppliers or
00:11:39
customers and you make serious
00:11:41
Relationships by really caring about
00:11:43
them taking care of them they they
00:11:46
maintain that loyalty I learned that in
00:11:47
that business it's interesting one of
00:11:49
the ways that you built loyalty I think
00:11:51
in in reading your story was that you um
00:11:54
sometimes challenge the way that um uh
00:11:57
things have been done so so I think of
00:11:59
when um a product had come in and there
00:12:02
was a question about the weight you
00:12:04
rolled up your sleeves and dived right
00:12:06
in and um got the answers that you
00:12:09
wanted and one of your colleagues said
00:12:11
at the time you know but that's not how
00:12:13
things are done or you don't want to
00:12:14
offend this client but in fact um you
00:12:16
weren't put off can you tell us more
00:12:18
about that um well I think when you're
00:12:19
an outsider in a business and you're
00:12:21
determined to make it successful you
00:12:23
don't take what the traditional thought
00:12:25
is about what is possible what isn't
00:12:27
possible you kind of check it out
00:12:29
yourself because you it doesn't make
00:12:31
sense to you if somebody says to me you
00:12:33
can't weigh that because we don't have a
00:12:35
big enough scale I then use a lot of
00:12:38
little scales I mean it it seems so
00:12:40
logical to me and because I was an
00:12:42
outsider I was able to question it
00:12:45
easier than somebody that had been in
00:12:47
the business and said this is the way we
00:12:48
always do it so I guess that's the way
00:12:50
we'll do it I didn't know I didn't know
00:12:51
the meat business so I came in as a
00:12:54
complete novice and therefore I
00:12:56
questioned everything everything and by
00:12:58
asking asking the right questions I got
00:13:00
the right answers and when I got no for
00:13:01
an answer I did it myself um do you
00:13:04
think that that workplace is still
00:13:06
discriminate against women in terms of
00:13:08
promotions penalties for taking time off
00:13:10
for CH child rearing and so on
00:13:12
absolutely unfortunately absolutely not
00:13:15
every business and not every not every
00:13:18
category of business but generally there
00:13:21
continues to be The Stereotype of what a
00:13:23
woman is in terms of a businesswoman
00:13:25
what her skill sets are what her talents
00:13:28
are her short points are and the word
00:13:31
leadership never comes into play when we
00:13:34
talk about women and that's one of the
00:13:36
biggest problems that I see is why is it
00:13:38
that men don't think that women can be
00:13:40
leaders they can be but when men talk to
00:13:44
me about what women's skill sets is they
00:13:47
always tell me oh it's the softer you
00:13:49
have the softer skill sets so I said
00:13:52
softer what does that mean and what they
00:13:54
mean by that is this is what they
00:13:56
usually tell me Well women are multi
00:13:58
taskers they can feed a baby they can
00:14:01
make dinner and they can talk on the
00:14:02
phone all at the same time that gets my
00:14:05
blood pressure boiling because that's a
00:14:07
terrible example that's a typical
00:14:09
stereotypical comment from a businessman
00:14:13
who wants to try to put women down and I
00:14:16
don't take it I give it right back to
00:14:18
them and tell them that's unacceptable
00:14:20
that's not an accurate stereotype women
00:14:23
can do more than one thing at once but
00:14:25
it doesn't have to be feeding a baby and
00:14:27
making dinner and cleaning the house
00:14:29
there are other things we can do what do
00:14:31
you think are the toughest male
00:14:32
dominated Industries for women to enter
00:14:34
um right now and why well it's
00:14:37
interesting last night at a seminar that
00:14:39
I did uh Arthur Miller who's a noted uh
00:14:43
legal historian and
00:14:44
lawyer uh said that he thought that now
00:14:47
there's a Level Playing Field for women
00:14:49
in the legal
00:14:51
profession and uh me being the person
00:14:54
who can't keep their mouth shut said I
00:14:56
don't agree with you he said what do you
00:14:58
mean mean you don't agree the a woman
00:15:00
that was in my class in law school 40
00:15:02
years ago is sitting on the Supreme
00:15:04
Court I said great and how many female
00:15:06
partners are there in the large law
00:15:08
firms in the United States he said I
00:15:10
don't know I said how about
00:15:11
16% that's not a real good number if
00:15:14
we've leveled the playing field 16% is a
00:15:16
heck of a long way from 50% so I think
00:15:19
it's almost in every profession where
00:15:22
there's a Bastion of male dominance it
00:15:24
is very slow for them to make a change
00:15:27
and I think that's because they take
00:15:29
advantage of women because women tend to
00:15:31
be more passive much less aggressive
00:15:34
much less outfront in terms of what they
00:15:36
feel their skill sets are what they feel
00:15:39
they've accomplished and if you took a
00:15:42
male law student or and it could be
00:15:44
anybody and you took a female law
00:15:46
student and they both day one go to a
00:15:48
large firm on day two the male former
00:15:52
law student is on the door of the senior
00:15:55
partner saying look what I did today I
00:15:56
did six of these I build this I buil
00:15:58
that every day they're promoting
00:16:00
themselves what are women doing they're
00:16:02
doing their work diligently and doing it
00:16:04
beautifully and they're getting a gold
00:16:06
star but that gold star doesn't mean
00:16:08
anything unless they're in there at the
00:16:11
same level pushing the same information
00:16:13
and making sure that the senior partner
00:16:15
knows the kind of work they're
00:16:17
contributing they will not get
00:16:20
partnership or anything else so that's
00:16:22
really the message that I have for women
00:16:24
is stand up let people know you're
00:16:27
around don't be AF afid it's not
00:16:29
bragging to say I've done this this this
00:16:31
and this it's selling you're selling
00:16:34
yourself and you're selling yourself in
00:16:35
a positive light because if you don't
00:16:37
sell yourself nobody else
00:16:53
will

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Episode Highlights

  • Starting a Business
    Frustration with tennis dresses led her to create a better design and start a business.
    “I could actually sell this and be in a business.”
    @ 00m 55s
    May 10, 2011
  • Lessons from Partnership
    She learned the hard way about the risks of business partnerships.
    “Never take a partner because you really don’t know what a partner is until you live with them.”
    @ 02m 53s
    May 10, 2011
  • Challenging Stereotypes
    She confronts the stereotypes that limit women's roles in business.
    “Women can do more than one thing at once, but it doesn’t have to be feeding a baby and making dinner.”
    @ 14m 25s
    May 10, 2011
  • Empowering Women
    She emphasizes the importance of women advocating for themselves in the workplace.
    “Stand up, let people know you’re around. Don’t be afraid.”
    @ 16m 24s
    May 10, 2011

Episode Quotes

  • I could actually sell this and be in a business.
    Susan T. Spencer's Briefcase Essentials for Women in Business
  • Stand up, let people know you’re around. Don’t be afraid.
    Susan T. Spencer's Briefcase Essentials for Women in Business

Key Moments

  • Starting a Business00:55
  • Partnership Lessons02:53
  • Challenging Stereotypes14:25
  • Empowering Women16:24

Words per Minute Over Time

Vibes Breakdown

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