1% Club YouTube : https://youtube.com/@onepercentclub12?si=JIoGypTjYexP_feR Join the 1% Club: https://bit.ly/3NkSRc5 In this episode of The 1% Club Show, I spoke to Lakshmi Iyer, who is the CEO of Kotak Investment and Advisory business. The CEO stands at a top of a company and makes the most critical and pressing decisions regarding how the company function. We discussed her journey to the top and the challenges she faced as a woman leading the charge in a male-dominated industry. Some of the topics we covered during the podcast are; -Is the finance industry male-dominated? -Are Genz’s more reckless with money? -How has investing changed in this generation? -How should one invest during a recession? -How did she climb up the corporate ladder and become the CEO? Trust me; you want to take advantage of this video, learn from the expert and take your portfolio and career to the Timestamps: 00:00 Highlights 01:11 Introduction 01:51 Day in a CEOs life 08:46 Females in the Finance Industry 10:55 Are Finance People good at Personal Finance? 13:16 Is Gen Z reckless with money? 14:56 Difference in Investment Dynamics. Before vs Now 18:18 What should a 20 y/o do? 25:10 What is Financial Independence? 28:47 What is your investment strategy, and does it keep evolving? 29:38 Investment Advice for the upcoming recession 35:38 Whose Financial advice should you listen to? 37:02 So within equity, how do you further divide your money? 40:12 How to teach kids Good Financial Habits 43:11 how has her lifestyle changed? 47:14 Identifying the one or two areas of your life where you want to splurge 48:15 Debt funds have lost their tax benefits. Explained. 55:07 What led her to become the CEO? 58:07 Traits of the Top 1% 01:02:42 What is your unfair advantage? 01:05:35 How to hire someone 01:13:33 Advice for Youth 01:18:37 Are Finfluencers Good or Bad? 01:18:45 Renting vs. buying a home 01:19:16 What is the biggest financial mistake that you have made? 01:19:24 What is your fire number? 01:20:13 What is one purchase that wasn't a good financial decision? 01:20:54 Advice for Getting back on track in life? 01:22:23 AI and the Risk in Investing 01:23:41 When should you Invest in Bonds? 01:27:17 Why India is Recession Proof? Connect with me: Instagram: https://www.instagram.com/financewithsharan/ Facebook: https://www.facebook.com/financewithsharan LinkedIn: https://www.linkedin.com/in/sharanhegde95/ Twitter: https://twitter.com/financewsharan #financewithsharan #finance #sharan