1 00:00:00,080 --> 00:00:02,360 Hilary Hoffman: Welcome back to she Pivots. I'm Hilary Hoffman. 2 00:00:12,560 --> 00:00:16,079 Emily Tisch Sussman: Welcome back to she Pivots, the podcast where we talk 3 00:00:16,160 --> 00:00:18,720 Emily Tisch Sussman: with women who dare to pivot out of one career 4 00:00:19,079 --> 00:00:23,360 Emily Tisch Sussman: and into something new and explore how their personal lives 5 00:00:23,440 --> 00:00:33,200 Emily Tisch Sussman: impacts these decisions. I'm your host Emily Tish Sussman. Today, 6 00:00:33,200 --> 00:00:36,800 Emily Tisch Sussman: I'm delighted to have Hillary Hoffman, founder and CEO of 7 00:00:36,840 --> 00:00:40,320 Emily Tisch Sussman: Sodo Method, the latest in demand workout class both in 8 00:00:40,360 --> 00:00:43,599 Emily Tisch Sussman: New York City and online. Hillary started her career at 9 00:00:43,600 --> 00:00:47,400 Emily Tisch Sussman: one of the most elite institutions in finance, Goldman Sachs. 10 00:00:48,000 --> 00:00:51,559 Emily Tisch Sussman: From the outside, it looked like she'd made it, But 11 00:00:51,720 --> 00:00:54,160 Emily Tisch Sussman: like so many of the women we feature on this show, 12 00:00:54,560 --> 00:00:59,720 Emily Tisch Sussman: hillariot something else pulling at her, something more aligned with 13 00:00:59,760 --> 00:01:03,960 Emily Tisch Sussman: who she was becoming. That pull eventually led her to 14 00:01:04,040 --> 00:01:08,560 Emily Tisch Sussman: create Sodo Method, a wellness and fitness brand that's just 15 00:01:08,680 --> 00:01:12,760 Emily Tisch Sussman: as much about mental strength as it is about physical movement. 16 00:01:13,640 --> 00:01:17,280 Emily Tisch Sussman: When we sat down with Hillary, she was very pregnant 17 00:01:17,360 --> 00:01:21,680 Emily Tisch Sussman: with twins, like weeks away from giving birth, but totally 18 00:01:21,680 --> 00:01:25,000 Emily Tisch Sussman: clear eyed about the journey she'd been on. She opened 19 00:01:25,080 --> 00:01:27,280 Emily Tisch Sussman: up about how tough it was to make the leap 20 00:01:27,319 --> 00:01:31,360 Emily Tisch Sussman: from a steady high powered job into the unknown of 21 00:01:31,600 --> 00:01:35,480 Emily Tisch Sussman: entrepreneurship and the tough and pragmatic choices she had to 22 00:01:35,480 --> 00:01:38,280 Emily Tisch Sussman: make to make it happen. She talked about what it 23 00:01:38,440 --> 00:01:41,560 Emily Tisch Sussman: really takes to stick it out when you're always waiting 24 00:01:41,560 --> 00:01:45,160 Emily Tisch Sussman: for that right moment to jump. For her, it wasn't 25 00:01:45,160 --> 00:01:48,520 Emily Tisch Sussman: always about protecting her peace by walking away. It was 26 00:01:48,560 --> 00:01:52,200 Emily Tisch Sussman: about finding a way to stay grounded and save enough 27 00:01:52,280 --> 00:01:56,000 Emily Tisch Sussman: money to make that pivot possible. Soda wasn't just the 28 00:01:56,120 --> 00:01:59,360 Emily Tisch Sussman: next chapter. It was the thing that gave her the 29 00:01:59,440 --> 00:02:03,960 Emily Tisch Sussman: clarity and strength to get there now. Sodo Method is 30 00:02:03,960 --> 00:02:06,720 Emily Tisch Sussman: the hottest workout class in the city and has thousands 31 00:02:06,720 --> 00:02:11,440 Emily Tisch Sussman: of subscribers online. Her efficient method mixes cardio and sculpting 32 00:02:11,480 --> 00:02:16,640 Emily Tisch Sussman: movements designed to maximize burn and time for us busybodies. 33 00:02:17,520 --> 00:02:21,240 Emily Tisch Sussman: Hillary's story is a reminder that great timing and trusting 34 00:02:21,280 --> 00:02:24,600 Emily Tisch Sussman: yourself can open doors you didn't even know. We're there. 35 00:02:25,480 --> 00:02:26,359 Emily Tisch Sussman: Let's get into it. 36 00:02:29,840 --> 00:02:32,040 Hilary Hoffman: My name is Hillary Hoffman and I'm the founder and 37 00:02:32,120 --> 00:02:35,320 Hilary Hoffman: CEO of the Sodo Method. The Sodo Method is an 38 00:02:35,320 --> 00:02:39,399 Hilary Hoffman: omni channel business where we offer fitness classes both in 39 00:02:39,400 --> 00:02:41,919 Hilary Hoffman: person and digitally. You can find us on the app 40 00:02:41,960 --> 00:02:43,920 Hilary Hoffman: store on the web, but you can also find us 41 00:02:43,960 --> 00:02:46,680 Hilary Hoffman: at our first flagship, which is located in Tribeca at. 42 00:02:46,520 --> 00:02:50,440 Emily Tisch Sussman: Six D Thomas Street. Congratulations, thank you so much. Okay, 43 00:02:50,560 --> 00:02:51,920 Emily Tisch Sussman: so give us baby Hillary. 44 00:02:52,040 --> 00:02:53,600 Emily Tisch Sussman: What was she like? What did she want to be 45 00:02:53,639 --> 00:02:54,520 Emily Tisch Sussman: when she grew up? 46 00:02:54,800 --> 00:02:56,880 Hilary Hoffman: It's such a pertinent question because I think, so I'm 47 00:02:56,919 --> 00:03:00,280 Hilary Hoffman: currently carrying twins, and when you go through your first pregnant, see, 48 00:03:00,320 --> 00:03:03,120 Hilary Hoffman: your parents are telling you all the ways you behaved 49 00:03:03,120 --> 00:03:05,840 Hilary Hoffman: when you were a child or an infant. And I 50 00:03:05,880 --> 00:03:09,560 Hilary Hoffman: think that one of the most telling personality traits of 51 00:03:09,600 --> 00:03:12,760 Hilary Hoffman: mine from a very young age was this really gregarious 52 00:03:13,080 --> 00:03:15,760 Hilary Hoffman: personality type where nothing really fazed me when it came 53 00:03:15,760 --> 00:03:19,200 Hilary Hoffman: to crowds. So as a baby, I didn't really cry. 54 00:03:19,360 --> 00:03:21,359 Hilary Hoffman: I just made a lot of sound and I wanted 55 00:03:21,360 --> 00:03:24,440 Hilary Hoffman: to be a part of the conversation. It wasn't even 56 00:03:24,480 --> 00:03:27,600 Hilary Hoffman: in attention things my parents said. It was just participating. 57 00:03:27,800 --> 00:03:31,480 Hilary Hoffman: And then as I got older, I was very lucky 58 00:03:31,520 --> 00:03:35,240 Hilary Hoffman: that my mom and dad were so supportive of my 59 00:03:35,360 --> 00:03:37,480 Hilary Hoffman: personality because I think a lot of times and it's 60 00:03:37,520 --> 00:03:39,800 Hilary Hoffman: the way I want to treat my boy my girl 61 00:03:40,200 --> 00:03:42,000 Hilary Hoffman: is sometimes when you're a loud child, you can be 62 00:03:42,040 --> 00:03:44,480 Hilary Hoffman: told to be quiet. My parents were really good at 63 00:03:44,480 --> 00:03:47,240 Hilary Hoffman: redirecting that energy. And so when I was three or 64 00:03:47,280 --> 00:03:51,360 Hilary Hoffman: four learning the abcs, we were in Newport, and funny enough, 65 00:03:51,440 --> 00:03:53,800 Hilary Hoffman: I got lost. And when I got lost, my parents 66 00:03:53,880 --> 00:03:56,240 Hilary Hoffman: just followed the sound of the ABC's and I had 67 00:03:56,240 --> 00:03:58,480 Hilary Hoffman: corralled a group of like thirty people to sing it, 68 00:03:58,840 --> 00:04:00,440 Hilary Hoffman: and they just knew I was not going to have 69 00:04:00,440 --> 00:04:04,240 Hilary Hoffman: a problem making friends. But even crazier is so when 70 00:04:04,280 --> 00:04:07,240 Hilary Hoffman: I turned five or six, my parents just learned that 71 00:04:07,320 --> 00:04:11,160 Hilary Hoffman: at a really debilitating lisp, it was really profound, it 72 00:04:11,240 --> 00:04:14,640 Hilary Hoffman: was something that it was inescapable, and my mom had 73 00:04:14,640 --> 00:04:17,560 Hilary Hoffman: a choice. She brought me to a speech pathologist and 74 00:04:17,640 --> 00:04:20,360 Hilary Hoffman: when they met me, she did a one on one 75 00:04:20,400 --> 00:04:22,440 Hilary Hoffman: with me. That's what they typically work, and then they 76 00:04:22,480 --> 00:04:25,680 Hilary Hoffman: take your parent and they discuss how you behave during 77 00:04:25,680 --> 00:04:27,560 Hilary Hoffman: that one on one session with the doctor. And this 78 00:04:27,640 --> 00:04:30,200 Hilary Hoffman: woman is an angel because I really do think that 79 00:04:30,279 --> 00:04:33,359 Hilary Hoffman: she changed my life because instead of telling my mom, 80 00:04:33,600 --> 00:04:36,120 Hilary Hoffman: your daughter should see me three times a week, she 81 00:04:36,160 --> 00:04:38,640 Hilary Hoffman: actually actually said, your daughter is such an unusual sense 82 00:04:38,640 --> 00:04:41,720 Hilary Hoffman: of confidence, I would advise you not to bring her 83 00:04:41,720 --> 00:04:44,120 Hilary Hoffman: here because a lot of times kids will be will 84 00:04:44,160 --> 00:04:46,560 Hilary Hoffman: think that it's not that you have a lisp, but 85 00:04:46,600 --> 00:04:49,479 Hilary Hoffman: that we're trying to work on or fix. It's that 86 00:04:49,680 --> 00:04:52,520 Hilary Hoffman: we need to work on you. And so instead, my 87 00:04:52,640 --> 00:04:55,720 Hilary Hoffman: mom took it into her own hands and very gently 88 00:04:55,839 --> 00:04:58,480 Hilary Hoffman: wove in ways to work on the lisp. So I 89 00:04:58,520 --> 00:05:02,720 Hilary Hoffman: still do it to this day. Seven slithering snakes. You 90 00:05:02,760 --> 00:05:05,320 Hilary Hoffman: say it seven times before you're gonna say anything out loud, 91 00:05:05,680 --> 00:05:08,599 Hilary Hoffman: and you can really work on it. So she is 92 00:05:08,640 --> 00:05:10,440 Hilary Hoffman: the reason why I don't have a lisp. It comes 93 00:05:10,480 --> 00:05:12,920 Hilary Hoffman: back every now and again if I'm not being mindful 94 00:05:12,920 --> 00:05:15,840 Hilary Hoffman: of it. But it's just crazy how those small little 95 00:05:15,960 --> 00:05:20,160 Hilary Hoffman: choices can really affect how someone used themselves and speaks. 96 00:05:21,400 --> 00:05:24,640 Emily Tisch Sussman: It's no surprise that Hillary was drawn to sports. It 97 00:05:24,760 --> 00:05:27,400 Emily Tisch Sussman: was the perfect environment for her to lean into her 98 00:05:27,440 --> 00:05:29,480 Emily Tisch Sussman: confidence and love for competition. 99 00:05:30,680 --> 00:05:33,200 Hilary Hoffman: Sports is where I definitely went and who you make 100 00:05:33,240 --> 00:05:35,120 Hilary Hoffman: friends with at a young age does determine what you 101 00:05:35,160 --> 00:05:38,400 Hilary Hoffman: end up doing. My best friend, her dad, was a 102 00:05:39,080 --> 00:05:42,159 Hilary Hoffman: very accomplished swimmer. He won gold at the Macabean Races, 103 00:05:42,560 --> 00:05:45,240 Hilary Hoffman: which was like an Olympic equivalent that was happening Israel 104 00:05:45,240 --> 00:05:47,440 Hilary Hoffman: at the time, and so I actually joined this one 105 00:05:47,440 --> 00:05:50,120 Hilary Hoffman: team when I was six, which was a very young age, 106 00:05:50,160 --> 00:05:53,400 Hilary Hoffman: and so from six until about thirteen, I was competing 107 00:05:53,480 --> 00:05:56,920 Hilary Hoffman: competitively with swimming. So swimming and running were my two 108 00:05:56,960 --> 00:06:00,000 Hilary Hoffman: best sports. I loved soccer because all my best friends 109 00:06:00,120 --> 00:06:02,960 Hilary Hoffman: played it, and I made the team not based on 110 00:06:03,080 --> 00:06:05,520 Hilary Hoffman: merit nor talent, but strictly because my best friend was 111 00:06:05,560 --> 00:06:08,240 Hilary Hoffman: the captain. God bless her. I love her so much 112 00:06:08,520 --> 00:06:10,960 Hilary Hoffman: and we're still best friends to to stay. But I 113 00:06:11,080 --> 00:06:14,520 Hilary Hoffman: think that when I think about my personality, it's really 114 00:06:14,560 --> 00:06:18,720 Hilary Hoffman: bifurcated in the sense where, yes, I love public speaking, 115 00:06:18,760 --> 00:06:20,799 Hilary Hoffman: I love being around people, but I'm also a really 116 00:06:20,880 --> 00:06:24,080 Hilary Hoffman: insular person. And I'm lucky that. The way that I 117 00:06:24,080 --> 00:06:26,760 Hilary Hoffman: think about competition is it's always really been me versus me, 118 00:06:27,320 --> 00:06:31,159 Hilary Hoffman: and endurance sports are great because it's all time based, 119 00:06:31,720 --> 00:06:36,039 Hilary Hoffman: so there's this constant ability to get better, to achieve progress, 120 00:06:36,320 --> 00:06:38,400 Hilary Hoffman: and was swimming I was able to do that. The 121 00:06:38,440 --> 00:06:41,960 Hilary Hoffman: only issue with swimming is it becomes incredibly uncomfortable when 122 00:06:41,960 --> 00:06:45,520 Hilary Hoffman: you're like thirteen, going through puberty, going to chlorine every 123 00:06:45,560 --> 00:06:48,520 Hilary Hoffman: single day. It was not cute. I had green hair. 124 00:06:48,600 --> 00:06:51,839 Hilary Hoffman: It just was not it. And so my mom and 125 00:06:51,920 --> 00:06:55,240 Hilary Hoffman: dad made a proposition, you just spent all this time 126 00:06:55,320 --> 00:06:58,960 Hilary Hoffman: building up an incredible skill, which is endurance. It'd be 127 00:06:59,000 --> 00:07:01,719 Hilary Hoffman: a shame to let that go. Why don't you try running? 128 00:07:01,760 --> 00:07:04,240 Hilary Hoffman: And so I ended up trying running and I really 129 00:07:04,320 --> 00:07:06,960 Hilary Hoffman: liked it, and so during my high school years really 130 00:07:07,080 --> 00:07:10,040 Hilary Hoffman: leaned on that ended up being a good runner. I 131 00:07:10,080 --> 00:07:14,440 Hilary Hoffman: think that if I had my mindset today, then oh 132 00:07:14,480 --> 00:07:16,320 Hilary Hoffman: my god, I would love to see what times I 133 00:07:16,360 --> 00:07:19,880 Hilary Hoffman: could have put up. But again, hindsight's twenty twenty. I'm 134 00:07:19,960 --> 00:07:21,920 Hilary Hoffman: lucky in the sense where a lot of the skill 135 00:07:21,960 --> 00:07:25,760 Hilary Hoffman: set that I learned from that competitiveness with myself has 136 00:07:25,840 --> 00:07:27,800 Hilary Hoffman: carried through into entrepreneurship. 137 00:07:28,280 --> 00:07:29,480 Emily Tisch Sussman: What did you want to be when you grew up? 138 00:07:29,520 --> 00:07:30,520 Emily Tisch Sussman: Did you have any thoughts about it? 139 00:07:30,880 --> 00:07:34,400 Hilary Hoffman: When I was young, I didn't really. I never had 140 00:07:34,440 --> 00:07:37,920 Hilary Hoffman: a job that I necessarily wanted. I think that what 141 00:07:38,040 --> 00:07:41,960 Hilary Hoffman: I wanted was intensity, and I always was unapologetic about that. 142 00:07:42,440 --> 00:07:44,760 Hilary Hoffman: I had a lot of passions that I enjoyed, whether 143 00:07:44,800 --> 00:07:47,520 Hilary Hoffman: it was reading about it, participating in it. But I 144 00:07:47,520 --> 00:07:51,440 Hilary Hoffman: think a lot of little girls, or however little you are. 145 00:07:52,000 --> 00:07:54,400 Hilary Hoffman: My dad was such an influential person in my life. 146 00:07:54,400 --> 00:07:56,800 Hilary Hoffman: He worked in finance. I thought, I mean, he is 147 00:07:56,800 --> 00:07:58,680 Hilary Hoffman: the greatest man on earth, and at the time I 148 00:07:58,680 --> 00:08:01,400 Hilary Hoffman: wanted to be like him, So finance for me felt 149 00:08:01,440 --> 00:08:03,480 Hilary Hoffman: like a natural path. At some point in my life 150 00:08:04,040 --> 00:08:07,200 Hilary Hoffman: and when whatever you talk about at the dinner table 151 00:08:07,280 --> 00:08:09,440 Hilary Hoffman: is going to be what your most conversational in So 152 00:08:10,040 --> 00:08:12,360 Hilary Hoffman: we always did talk about work, and we talked about 153 00:08:12,800 --> 00:08:15,680 Hilary Hoffman: what he did. And I think what's interesting about your 154 00:08:15,680 --> 00:08:18,160 Hilary Hoffman: son in that moment in perspective is so my dad 155 00:08:18,240 --> 00:08:22,360 Hilary Hoffman: worked at bear Stearns for many years, and when the 156 00:08:22,360 --> 00:08:25,520 Hilary Hoffman: financial crisis happened, it was a very unique week. That week, 157 00:08:25,560 --> 00:08:28,160 Hilary Hoffman: I was a junior. I was taking the SATs on 158 00:08:28,200 --> 00:08:32,080 Hilary Hoffman: a Saturday. I bear Stearns went under on a Tuesday. 159 00:08:32,679 --> 00:08:34,520 Hilary Hoffman: Because of the way the world was at the time, 160 00:08:34,720 --> 00:08:36,520 Hilary Hoffman: my cell phone was an LG flip phone. There was 161 00:08:36,559 --> 00:08:38,720 Hilary Hoffman: no news I was getting on it. You really had 162 00:08:38,720 --> 00:08:42,400 Hilary Hoffman: to proactively seek out news on the computer. And I 163 00:08:42,440 --> 00:08:45,520 Hilary Hoffman: commuted to a private high school where I did wake 164 00:08:45,600 --> 00:08:47,800 Hilary Hoffman: up early, and I did read the paper when I 165 00:08:47,840 --> 00:08:50,280 Hilary Hoffman: did wake up, But for that week, my mom made 166 00:08:50,320 --> 00:08:52,760 Hilary Hoffman: the decision to hide the newspapers wake me up a 167 00:08:52,800 --> 00:08:56,880 Hilary Hoffman: little bit later, so my attention wasn't swayed because I 168 00:08:56,920 --> 00:09:00,160 Hilary Hoffman: would have been deeply affected by this news leading into 169 00:08:59,880 --> 00:09:02,480 Hilary Hoffman: a test that at the time was the most important 170 00:09:02,480 --> 00:09:04,920 Hilary Hoffman: test I was ever going to take. What was crazy 171 00:09:05,080 --> 00:09:08,000 Hilary Hoffman: is that Friday before the test, my dad had been 172 00:09:08,400 --> 00:09:10,760 Hilary Hoffman: in his most stressed out state. I don't think there's 173 00:09:10,760 --> 00:09:12,920 Hilary Hoffman: ever been a moment in his professional life that will 174 00:09:12,960 --> 00:09:15,679 Hilary Hoffman: ever be comparable to that of the financial crisis and 175 00:09:15,960 --> 00:09:19,840 Hilary Hoffman: going under so quickly. But I called him that Friday. 176 00:09:19,960 --> 00:09:22,200 Hilary Hoffman: End of the day, I had gotten eight plus on 177 00:09:22,240 --> 00:09:25,320 Hilary Hoffman: a paper, I had done something else, I got a 178 00:09:25,360 --> 00:09:27,720 Hilary Hoffman: great test score for the SATs And I called him 179 00:09:27,760 --> 00:09:30,280 Hilary Hoffman: and I said, Dad, this Friday, this is the best 180 00:09:30,280 --> 00:09:33,240 Hilary Hoffman: Friday I've ever had in my life. And I think 181 00:09:33,320 --> 00:09:37,600 Hilary Hoffman: for him he found it to be such an inspiring 182 00:09:37,640 --> 00:09:41,240 Hilary Hoffman: moment about perspective that for him it was the worst 183 00:09:41,320 --> 00:09:44,360 Hilary Hoffman: Friday he's ever had. But here his daughter's calling him 184 00:09:44,360 --> 00:09:47,040 Hilary Hoffman: saying it's the best. So I think for him it 185 00:09:47,160 --> 00:09:49,280 Hilary Hoffman: did show that there is going to be late, there 186 00:09:49,320 --> 00:09:51,800 Hilary Hoffman: is going to be great things ahead, even if it 187 00:09:51,800 --> 00:09:55,880 Hilary Hoffman: felt really dark in that moment. But I remember, even 188 00:09:55,960 --> 00:09:59,280 Hilary Hoffman: despite knowing everything about the financial crisis, I still chose 189 00:09:59,679 --> 00:10:03,720 Hilary Hoffman: to go into finance when I graduated from college. And 190 00:10:03,800 --> 00:10:05,600 Hilary Hoffman: it's just interesting. I don't think there would have been 191 00:10:05,640 --> 00:10:08,600 Hilary Hoffman: another choice for me, just because at a young age 192 00:10:08,640 --> 00:10:10,760 Hilary Hoffman: I wanted to be my dad and that was kind 193 00:10:10,760 --> 00:10:11,560 Hilary Hoffman: of set in stone. 194 00:10:11,840 --> 00:10:13,040 Emily Tisch Sussman: So you went straight out of college. 195 00:10:13,040 --> 00:10:15,680 Emily Tisch Sussman: I mean, it's pretty competitive to get into these finance 196 00:10:15,760 --> 00:10:17,600 Emily Tisch Sussman: jobs right out of college, right they are. 197 00:10:17,679 --> 00:10:21,080 Hilary Hoffman: And what's interesting is I think as it relates to 198 00:10:21,480 --> 00:10:24,959 Hilary Hoffman: that job. So I was a rising junior when I 199 00:10:25,000 --> 00:10:28,440 Hilary Hoffman: knew I wanted to do this. I also there's a 200 00:10:28,440 --> 00:10:31,120 Hilary Hoffman: lot of luck in life, and I was going abroad 201 00:10:31,120 --> 00:10:34,280 Hilary Hoffman: to Dijon. So when I had submitted my application to 202 00:10:34,320 --> 00:10:37,440 Hilary Hoffman: Goldman for the internship program, I definitely stood out. I 203 00:10:37,520 --> 00:10:40,719 Hilary Hoffman: was a French major, art history minor, and one thing 204 00:10:40,720 --> 00:10:43,240 Hilary Hoffman: that Goldman is very mindful of is they want a 205 00:10:43,280 --> 00:10:47,520 Hilary Hoffman: lot of diversity of background. So there are different piles 206 00:10:47,520 --> 00:10:49,160 Hilary Hoffman: that your resume is going to get put in. So 207 00:10:49,200 --> 00:10:52,160 Hilary Hoffman: there's a ton clearly in the economics pile. I definitely 208 00:10:52,200 --> 00:10:54,840 Hilary Hoffman: fell into a different situation. And I'm also one to 209 00:10:54,880 --> 00:10:58,760 Hilary Hoffman: always credit how I got somewhere. The door was halfway 210 00:10:58,800 --> 00:11:01,160 Hilary Hoffman: open for me. I was very lucky that since I 211 00:11:01,160 --> 00:11:03,560 Hilary Hoffman: had taken an interest in finance at a young age, 212 00:11:03,679 --> 00:11:06,160 Hilary Hoffman: I had gone and shadowed people at a young age, 213 00:11:06,280 --> 00:11:09,560 Hilary Hoffman: and I only had that door halfway open because of 214 00:11:09,640 --> 00:11:12,320 Hilary Hoffman: my dad and I own that and so for me, 215 00:11:13,520 --> 00:11:17,360 Hilary Hoffman: my name wasn't unfamiliar. So putting in that one hundred 216 00:11:17,400 --> 00:11:20,080 Hilary Hoffman: percent with a door halfway open. Shame on me if 217 00:11:20,080 --> 00:11:22,200 Hilary Hoffman: I didn't get the job, that really was on me 218 00:11:22,360 --> 00:11:26,720 Hilary Hoffman: to lose. So I prepared like crazy. I remember that 219 00:11:27,080 --> 00:11:29,800 Hilary Hoffman: the reason why I got lucky is the super days 220 00:11:29,800 --> 00:11:32,480 Hilary Hoffman: were happening right as I was going abroad, so I 221 00:11:32,520 --> 00:11:34,560 Hilary Hoffman: did not have to do my super day in person. 222 00:11:34,760 --> 00:11:37,000 Hilary Hoffman: What is a super day, So a super day in 223 00:11:37,040 --> 00:11:41,120 Hilary Hoffman: finance is this marathon of interviews, So it can be 224 00:11:41,120 --> 00:11:43,640 Hilary Hoffman: anywhere from four to ten people who you're meeting with, 225 00:11:44,160 --> 00:11:46,040 Hilary Hoffman: and they're going to ask you a series of questions 226 00:11:46,040 --> 00:11:48,079 Hilary Hoffman: that are going to look to uncover how you think, 227 00:11:48,960 --> 00:11:52,360 Hilary Hoffman: why you want this job, what are your larger aspirations, 228 00:11:52,920 --> 00:11:56,680 Hilary Hoffman: And you have to come prepared to answer as eloquently 229 00:11:56,720 --> 00:11:59,959 Hilary Hoffman: as you can while also standing out. And not to 230 00:12:00,160 --> 00:12:02,680 Hilary Hoffman: say that I would have not done well in person, 231 00:12:03,280 --> 00:12:06,160 Hilary Hoffman: but when you are behind a computer and you're doing it, 232 00:12:06,160 --> 00:12:09,520 Hilary Hoffman: it's a little less intense. And so for me, I 233 00:12:09,520 --> 00:12:13,120 Hilary Hoffman: remember I rented a study room at school, had about 234 00:12:13,160 --> 00:12:15,760 Hilary Hoffman: one billion post its around the room because I was 235 00:12:15,760 --> 00:12:19,280 Hilary Hoffman: a posted person, had an idea, had everything organized. So 236 00:12:19,360 --> 00:12:21,600 Hilary Hoffman: I also had this room filled with all my notes 237 00:12:21,640 --> 00:12:24,760 Hilary Hoffman: just around me and ended up going well enough where 238 00:12:24,800 --> 00:12:28,360 Hilary Hoffman: the craziest part was got the job. Pardon me with 239 00:12:28,480 --> 00:12:30,360 Hilary Hoffman: twins in my stomach, all I do is burp all day. 240 00:12:30,400 --> 00:12:34,320 Hilary Hoffman: I'm so sorry. We fast forward. I go to Dijon 241 00:12:34,440 --> 00:12:39,120 Hilary Hoffman: for abroad. I have to expedite my last test because 242 00:12:39,679 --> 00:12:43,319 Hilary Hoffman: Goldman's internship started. Call it on. I don't know July first, 243 00:12:43,640 --> 00:12:45,640 Hilary Hoffman: or like June first, I forget which one it was. 244 00:12:45,960 --> 00:12:48,040 Hilary Hoffman: But my last day of the program was supposed to 245 00:12:48,040 --> 00:12:50,520 Hilary Hoffman: be two days after it, so I took all of 246 00:12:50,520 --> 00:12:54,640 Hilary Hoffman: my exams, flew home early, landed, went right to I 247 00:12:54,679 --> 00:12:57,439 Hilary Hoffman: think it was like the Hilton. My mom was waiting 248 00:12:57,440 --> 00:13:00,319 Hilary Hoffman: there with a Brooks brother. Suit went to bed that night, 249 00:13:00,520 --> 00:13:04,439 Hilary Hoffman: woke up the next morning. I thought that the internship 250 00:13:04,600 --> 00:13:06,520 Hilary Hoffman: greeting day was going to be at two hundred West, 251 00:13:06,559 --> 00:13:09,640 Hilary Hoffman: which is where Goldman's offices are. Turns out there in 252 00:13:09,720 --> 00:13:13,400 Hilary Hoffman: Jersey City, as a young human, not knowing that Jersey 253 00:13:13,400 --> 00:13:15,480 Hilary Hoffman: City is right across the water. I check in at 254 00:13:15,520 --> 00:13:17,600 Hilary Hoffman: the office thirty minutes early. They tell me it's in 255 00:13:17,640 --> 00:13:19,959 Hilary Hoffman: New Jersey. I'm about to have a mental breakdown because 256 00:13:20,000 --> 00:13:21,720 Hilary Hoffman: in my mind, I'm like, there's no way I'm getting 257 00:13:21,720 --> 00:13:24,520 Hilary Hoffman: to Jersey in time for this first day. There's incredibly 258 00:13:24,559 --> 00:13:28,120 Hilary Hoffman: far away Jersey totally and so I just like I'm done, 259 00:13:28,240 --> 00:13:30,640 Hilary Hoffman: Like this is it like the story for me at Goldman. 260 00:13:31,120 --> 00:13:34,040 Hilary Hoffman: It lasted fifteen minutes, but by god, I tried. I 261 00:13:34,080 --> 00:13:36,360 Hilary Hoffman: took the flight home early. I'm wearing the fucking Brooks 262 00:13:36,360 --> 00:13:39,360 Hilary Hoffman: Brothers suit. We're good to go. And the one was 263 00:13:39,400 --> 00:13:41,640 Hilary Hoffman: like no, no, no no, there's a ferry and it will 264 00:13:41,640 --> 00:13:43,959 Hilary Hoffman: get you there in three minutes. You'll probably still be 265 00:13:44,000 --> 00:13:48,360 Hilary Hoffman: the first one there. So walked over there. Crazy things happen. 266 00:13:48,920 --> 00:13:51,280 Hilary Hoffman: So I get to the ferry, and the woman that 267 00:13:51,360 --> 00:13:56,560 Hilary Hoffman: runs the entire program, not just for rising seniors in college, 268 00:13:56,920 --> 00:14:00,000 Hilary Hoffman: but everyone who was participating in internship program that summer 269 00:14:00,440 --> 00:14:03,400 Hilary Hoffman: was on my ferry. I got to know her. So 270 00:14:03,480 --> 00:14:06,599 Hilary Hoffman: when I went to this opening day where it was 271 00:14:06,600 --> 00:14:09,800 Hilary Hoffman: effectively registration and get to know everyone, the room was 272 00:14:09,800 --> 00:14:12,280 Hilary Hoffman: filled with a thousand people. What's the first thing she 273 00:14:12,360 --> 00:14:15,400 Hilary Hoffman: says on the mic? Hi, guys, welcome to your first 274 00:14:15,440 --> 00:14:17,280 Hilary Hoffman: aunt Goldman. I was lucky enough to sit next to 275 00:14:17,320 --> 00:14:20,080 Hilary Hoffman: a girl who just landed from Dijon. She's wearing a 276 00:14:20,120 --> 00:14:22,120 Hilary Hoffman: Brooks Brothers suits, her first suit. It's like, give her 277 00:14:22,120 --> 00:14:24,120 Hilary Hoffman: a round of applause. So I like got like the 278 00:14:24,120 --> 00:14:27,240 Hilary Hoffman: first standing ovation. I was like, okay, like slightly embarrassed, 279 00:14:27,280 --> 00:14:30,000 Hilary Hoffman: but also this is great, like everyone knows, like I'm 280 00:14:30,000 --> 00:14:31,680 Hilary Hoffman: a hard ass, like I just flew in from Dijon, 281 00:14:31,840 --> 00:14:34,400 Hilary Hoffman: Like that's got to be a point for me. But 282 00:14:34,480 --> 00:14:37,760 Hilary Hoffman: of course, though I went to Colgate loved the school 283 00:14:37,880 --> 00:14:40,320 Hilary Hoffman: was great, I don't really know much about Ivy League schools. 284 00:14:40,360 --> 00:14:42,560 Hilary Hoffman: And I was sat next to a guy who was 285 00:14:42,600 --> 00:14:44,280 Hilary Hoffman: at a different point in his life and so when 286 00:14:44,320 --> 00:14:46,920 Hilary Hoffman: I asked him where did you go to school to 287 00:14:46,960 --> 00:14:50,000 Hilary Hoffman: get you here? And he answered HBS? And I was like, 288 00:14:50,040 --> 00:14:52,720 Hilary Hoffman: what is that? And I swear I've never humbled a 289 00:14:52,760 --> 00:14:56,160 Hilary Hoffman: man more in my life. But I really had no 290 00:14:56,240 --> 00:14:57,160 Hilary Hoffman: idea because. 291 00:14:56,960 --> 00:14:58,720 Emily Tisch Sussman: Anyone who went to Harvard Business School is like, I 292 00:14:58,720 --> 00:15:00,440 Emily Tisch Sussman: don't even need to tell you the initials. 293 00:15:00,480 --> 00:15:03,280 Hilary Hoffman: It's HBS. And I literally said what's that? And the 294 00:15:03,320 --> 00:15:05,240 Hilary Hoffman: answers and he goes, oh, I heard that's a good one, 295 00:15:06,120 --> 00:15:08,040 Hilary Hoffman: and that guy knew that, Like I just gave zero 296 00:15:08,080 --> 00:15:11,040 Hilary Hoffman: fox about where you went. Needless to say, that was 297 00:15:11,080 --> 00:15:11,720 Hilary Hoffman: the start of mind. 298 00:15:11,880 --> 00:15:14,560 Emily Tisch Sussman: Probably went to HBS to get this Goldman internship, oh. 299 00:15:14,480 --> 00:15:16,160 Hilary Hoffman: Totally, and also to use it as a line on 300 00:15:16,240 --> 00:15:19,800 Hilary Hoffman: women to make them believe that he was fabulous. Did 301 00:15:19,840 --> 00:15:23,400 Hilary Hoffman: not work on me. Whatsoever. But then that was the 302 00:15:23,400 --> 00:15:25,520 Hilary Hoffman: start of my finance journey. And so from there I 303 00:15:25,520 --> 00:15:29,200 Hilary Hoffman: did the nine week rotational program. So three weeks, three 304 00:15:29,240 --> 00:15:33,160 Hilary Hoffman: separate desks. It's yours to do with it what you want. 305 00:15:33,200 --> 00:15:35,680 Hilary Hoffman: Like it's one of those very open ended internships where 306 00:15:36,200 --> 00:15:40,160 Hilary Hoffman: you could truly do nothing for nine weeks, get paid, 307 00:15:40,600 --> 00:15:42,880 Hilary Hoffman: not get hired, but still have it on your resume, 308 00:15:43,480 --> 00:15:45,960 Hilary Hoffman: or you could attack it and figure out what you 309 00:15:46,000 --> 00:15:48,960 Hilary Hoffman: want to do in that short period of time. And 310 00:15:49,480 --> 00:15:51,560 Hilary Hoffman: I think for me, I just realized this is such 311 00:15:51,600 --> 00:15:54,880 Hilary Hoffman: a unique opportunity, shame on me if I don't capitalize 312 00:15:54,880 --> 00:15:58,160 Hilary Hoffman: on it. And so I ended up knowing that my 313 00:15:58,280 --> 00:16:04,080 Hilary Hoffman: superpower was listening, leveraging others. When we would do group projects, 314 00:16:04,680 --> 00:16:07,440 Hilary Hoffman: I would be the one that really was project managing it, 315 00:16:07,560 --> 00:16:10,640 Hilary Hoffman: not necessarily being the genius behind the trade pitch, but 316 00:16:10,720 --> 00:16:12,520 Hilary Hoffman: making sure that we had the right team in place 317 00:16:12,560 --> 00:16:14,800 Hilary Hoffman: to make sure that we could create a compelling argument. 318 00:16:15,320 --> 00:16:17,320 Hilary Hoffman: And I ended the summer with the job, my first 319 00:16:17,440 --> 00:16:21,520 Hilary Hoffman: real job, real moment of finding out my strengths and weaknesses, 320 00:16:21,960 --> 00:16:23,560 Hilary Hoffman: and then also learning what a Shobs was. 321 00:16:24,160 --> 00:16:29,120 Emily Tisch Sussman: Yeah, already a leader and clearly ready for any challenge 322 00:16:29,160 --> 00:16:31,800 Emily Tisch Sussman: she could take on it was at that internship where 323 00:16:31,840 --> 00:16:34,600 Emily Tisch Sussman: Hillary learned some of her most valuable lessons. 324 00:16:35,360 --> 00:16:37,560 Hilary Hoffman: And my biggest piece of feedback throughout that summer and 325 00:16:37,600 --> 00:16:39,280 Hilary Hoffman: the first call it four and a half weeks, was 326 00:16:39,320 --> 00:16:43,800 Hilary Hoffman: that my personality, my energy was a lot for some people, 327 00:16:44,360 --> 00:16:47,720 Hilary Hoffman: and my advice was actually tone it down. And it 328 00:16:47,760 --> 00:16:49,840 Hilary Hoffman: taught me one of the most important lessons, which is, 329 00:16:50,720 --> 00:16:52,800 Hilary Hoffman: I think a lot of times young people think that 330 00:16:53,080 --> 00:16:55,320 Hilary Hoffman: when you deliver feedback like that, they're trying to change 331 00:16:55,320 --> 00:16:57,600 Hilary Hoffman: who you are. It's actually not the case. No one's 332 00:16:57,600 --> 00:17:00,440 Hilary Hoffman: trying to change who you are. But if you don't 333 00:17:00,480 --> 00:17:03,080 Hilary Hoffman: deliver information in a way that someone wants to receive it, 334 00:17:03,400 --> 00:17:05,639 Hilary Hoffman: they're not going to hear you. So it's doing a 335 00:17:05,640 --> 00:17:08,560 Hilary Hoffman: discredit to yourself. If you're unable to shape shift and 336 00:17:08,560 --> 00:17:12,400 Hilary Hoffman: be a chameleon. You maintain your identity, your voice, your perspective, 337 00:17:12,440 --> 00:17:14,919 Hilary Hoffman: the words you want to use, but you're able to 338 00:17:15,000 --> 00:17:17,359 Hilary Hoffman: show up and be a messenger that stands a chance 339 00:17:17,400 --> 00:17:20,119 Hilary Hoffman: of really affecting change because you're going to stay in 340 00:17:20,200 --> 00:17:23,600 Hilary Hoffman: a way that that end person will really listen. And 341 00:17:23,680 --> 00:17:27,479 Hilary Hoffman: when I made that switch where I learned that this 342 00:17:27,520 --> 00:17:30,960 Hilary Hoffman: one trader likes a softer disposition, this other guy actually 343 00:17:31,040 --> 00:17:34,600 Hilary Hoffman: really likes my high energy. This woman prefers it when 344 00:17:34,640 --> 00:17:37,679 Hilary Hoffman: we don't talk about our weekend plans. This guy only 345 00:17:37,720 --> 00:17:40,320 Hilary Hoffman: wants to talk about our weekend plans. I all of 346 00:17:40,359 --> 00:17:43,280 Hilary Hoffman: a sudden started to experience great success because I didn't 347 00:17:43,280 --> 00:17:46,400 Hilary Hoffman: take it personally that this person didn't want to do 348 00:17:46,480 --> 00:17:49,280 Hilary Hoffman: something in a certain way. It was up to me 349 00:17:49,520 --> 00:17:52,479 Hilary Hoffman: to really meet them where they were at. And that 350 00:17:52,520 --> 00:17:54,679 Hilary Hoffman: piece of advice has actually changed the course of my 351 00:17:54,800 --> 00:17:58,040 Hilary Hoffman: life because jobs after Gold been in my current job 352 00:17:58,080 --> 00:18:01,919 Hilary Hoffman: as a CEO and entrepreneur, I can't expect people to 353 00:18:01,960 --> 00:18:03,800 Hilary Hoffman: read my mind, and if I'm trying to get the 354 00:18:03,880 --> 00:18:07,200 Hilary Hoffman: best out of somebody, it's really my responsibility to meet 355 00:18:07,280 --> 00:18:10,800 Hilary Hoffman: them where they are. So that was a huge takeaway 356 00:18:10,840 --> 00:18:14,520 Hilary Hoffman: from my time there, and then from there you basically 357 00:18:14,520 --> 00:18:17,879 Hilary Hoffman: get hired to a team again offer. I got my 358 00:18:17,920 --> 00:18:19,800 Hilary Hoffman: offer to the last job I was at, and then 359 00:18:19,840 --> 00:18:21,920 Hilary Hoffman: that was that that started off my next seven years 360 00:18:21,920 --> 00:18:22,480 Hilary Hoffman: of my life. 361 00:18:22,960 --> 00:18:25,320 Emily Tisch Sussman: That's incredible perspective to have it, and I think for 362 00:18:25,359 --> 00:18:27,040 Emily Tisch Sussman: a lot of people it would be hard to hear that. 363 00:18:27,080 --> 00:18:28,639 Emily Tisch Sussman: I think, not just it's a young person, but at 364 00:18:28,640 --> 00:18:31,040 Emily Tisch Sussman: any point in their life, they would take it incredibly pally. 365 00:18:31,480 --> 00:18:34,600 Emily Tisch Sussman: Do you remember what that mental switch was for you, 366 00:18:34,640 --> 00:18:36,680 Emily Tisch Sussman: Like was like, did you hear it for a little while, 367 00:18:36,840 --> 00:18:39,320 Emily Tisch Sussman: take it hard, and then think, Okay, let me zoom out. 368 00:18:39,640 --> 00:18:40,760 Emily Tisch Sussman: Let me give this perspective. 369 00:18:41,560 --> 00:18:44,760 Hilary Hoffman: The feedback came from two separate people, one in which 370 00:18:44,840 --> 00:18:49,880 Hilary Hoffman: it was delivered horribly and the other that was delivered brilliantly. 371 00:18:50,520 --> 00:18:52,600 Hilary Hoffman: So the first person that delivered it to me, and 372 00:18:52,600 --> 00:18:55,439 Hilary Hoffman: it's a real shame, it was a female partner who 373 00:18:55,520 --> 00:18:57,920 Hilary Hoffman: I had a lot of respect for, and you could 374 00:18:57,920 --> 00:19:00,159 Hilary Hoffman: tell she did not have respect for me and the 375 00:19:00,160 --> 00:19:03,040 Hilary Hoffman: way that she delivered this feedback. This is true story. 376 00:19:03,440 --> 00:19:05,919 Hilary Hoffman: I walked into her office, she sat down, She's like, Hillary, 377 00:19:06,040 --> 00:19:10,960 Hilary Hoffman: you are on fucking crack cocaine. She goes stop. She's like, 378 00:19:11,160 --> 00:19:14,960 Hilary Hoffman: everyone thinks strong crack and as someone who and again 379 00:19:15,000 --> 00:19:17,439 Hilary Hoffman: I passed no judgment. I've never done crack or cocaine 380 00:19:17,440 --> 00:19:19,560 Hilary Hoffman: a day in my life. That's just the last thing 381 00:19:19,600 --> 00:19:23,640 Hilary Hoffman: I need is something to energize me. I just remember 382 00:19:24,040 --> 00:19:26,880 Hilary Hoffman: being like that felt like an attack, and it really 383 00:19:26,880 --> 00:19:31,360 Hilary Hoffman: felt like that part of my personality was a negative, 384 00:19:31,680 --> 00:19:33,800 Hilary Hoffman: when in fact it's not a negative. It was just 385 00:19:33,840 --> 00:19:37,919 Hilary Hoffman: a personality trait. Then there was another gentleman obsessed with 386 00:19:37,960 --> 00:19:41,160 Hilary Hoffman: this guy. I'm so lucky I met him. He actually 387 00:19:41,600 --> 00:19:44,679 Hilary Hoffman: I was shadowing him and I was asking him a 388 00:19:44,720 --> 00:19:48,080 Hilary Hoffman: ton of questions that were really technical and ever he looked. 389 00:19:47,920 --> 00:19:48,520 Emily Tisch Sussman: At me in the eye. 390 00:19:48,600 --> 00:19:51,679 Hilary Hoffman: He said, Hillary, I know why you're asking this. I 391 00:19:51,760 --> 00:19:53,760 Hilary Hoffman: know you want to be taken seriously, and I deeply, 392 00:19:53,840 --> 00:19:56,199 Hilary Hoffman: deeply respect that. But I need you to remember that 393 00:19:56,240 --> 00:19:58,359 Hilary Hoffman: a part of getting this job is are you someone 394 00:19:58,440 --> 00:19:59,720 Hilary Hoffman: that I want to sit next to you for twelve 395 00:19:59,760 --> 00:20:03,040 Hilary Hoffman: hours today? He goes, I highly doubt that you want 396 00:20:03,080 --> 00:20:06,920 Hilary Hoffman: to talk about interest rates like this, And I said, 397 00:20:06,960 --> 00:20:08,840 Hilary Hoffman: you're right, I don't want to talk about interest rates 398 00:20:08,840 --> 00:20:11,879 Hilary Hoffman: like this. He goes, well, then let's just talk. Let's 399 00:20:11,880 --> 00:20:14,439 Hilary Hoffman: just talk and see where the conversation goes. And I 400 00:20:14,480 --> 00:20:17,040 Hilary Hoffman: remembered so quickly in the way that he delivered that 401 00:20:17,520 --> 00:20:21,479 Hilary Hoffman: which I have since come to understand deeply is you 402 00:20:21,560 --> 00:20:24,320 Hilary Hoffman: just want to enjoy who you're working with. You hope 403 00:20:24,359 --> 00:20:27,080 Hilary Hoffman: they have aptitude, You hope that they have ambitions. You 404 00:20:27,119 --> 00:20:30,879 Hilary Hoffman: hope that they're malleable during difficult times, whether that's a 405 00:20:31,119 --> 00:20:34,359 Hilary Hoffman: financial switch in the markets or honestly, something that's going 406 00:20:34,400 --> 00:20:36,119 Hilary Hoffman: to go on personally for your life. Because you get 407 00:20:36,160 --> 00:20:38,359 Hilary Hoffman: to really know these people and they just want to 408 00:20:38,400 --> 00:20:40,119 Hilary Hoffman: know that you're going to be a rock and a 409 00:20:40,160 --> 00:20:43,120 Hilary Hoffman: person that they want to see every single morning at 410 00:20:43,119 --> 00:20:47,560 Hilary Hoffman: six am. And so his delivery really shifted my approach 411 00:20:47,560 --> 00:20:50,040 Hilary Hoffman: and I didn't take it personally anymore. But I think 412 00:20:50,080 --> 00:20:54,240 Hilary Hoffman: that again, message received two very different ways. I wasn't 413 00:20:54,320 --> 00:20:58,080 Hilary Hoffman: upset over the takeaway from the way that the female 414 00:20:58,119 --> 00:21:01,119 Hilary Hoffman: partner delivered it, but I just remember thinking to myself, 415 00:21:01,119 --> 00:21:04,920 Hilary Hoffman: this is extremely rude, and spite is also a very 416 00:21:04,960 --> 00:21:07,359 Hilary Hoffman: powerful motivator, so I knew that she didn't think I 417 00:21:07,400 --> 00:21:09,280 Hilary Hoffman: was going to get the job, so I kind of said, like, 418 00:21:09,400 --> 00:21:11,680 Hilary Hoffman: fuck you, I am going to get it, and which 419 00:21:11,720 --> 00:21:13,240 Hilary Hoffman: is good. And I've done that my whole life, and 420 00:21:13,240 --> 00:21:16,359 Hilary Hoffman: I'm sure you've done it as well, most successful not 421 00:21:16,480 --> 00:21:19,160 Hilary Hoffman: successful people. But I think a lot of people who 422 00:21:19,200 --> 00:21:21,879 Hilary Hoffman: find energy reserves when they're tired, they're not just pulling 423 00:21:21,880 --> 00:21:24,600 Hilary Hoffman: from people that believe in them. They're pulling from people 424 00:21:24,640 --> 00:21:26,879 Hilary Hoffman: they want to prove wrong. And I think it's a 425 00:21:26,920 --> 00:21:29,440 Hilary Hoffman: powerful resource to use at your disposal. 426 00:21:30,600 --> 00:21:33,080 Emily Tisch Sussman: After the break, Hillary talks about the start of her 427 00:21:33,080 --> 00:21:36,920 Emily Tisch Sussman: pivoting journey, her decision to leave finance, and the interim 428 00:21:37,040 --> 00:21:46,440 Emily Tisch Sussman: period that helped propel her into starting SODO method. 429 00:21:49,480 --> 00:21:52,240 Emily Tisch Sussman: So how long did you stay in that job at Goldman? 430 00:21:53,280 --> 00:21:55,760 Hilary Hoffman: I was in the sales and trading division for about 431 00:21:55,760 --> 00:21:59,240 Hilary Hoffman: six years. And the truth is I really liked my job. 432 00:21:59,320 --> 00:22:03,960 Hilary Hoffman: I didn't have My only issues with it were the 433 00:22:04,000 --> 00:22:07,880 Hilary Hoffman: sustainability of the hours. They were really really taxing. The 434 00:22:07,960 --> 00:22:10,879 Hilary Hoffman: lifestyle itself. We hadn't really come into this world of 435 00:22:10,920 --> 00:22:14,440 Hilary Hoffman: health and wellness quite so much early mornings, late nights, 436 00:22:14,520 --> 00:22:17,880 Hilary Hoffman: fueled with alcohol. It was a lot. Granted I was young, 437 00:22:18,000 --> 00:22:19,920 Hilary Hoffman: so it was fun and being in New York at 438 00:22:19,920 --> 00:22:22,560 Hilary Hoffman: such a young age, getting to experience it at the 439 00:22:22,560 --> 00:22:26,400 Hilary Hoffman: best restaurants, best everything, so much fun. But that has 440 00:22:26,440 --> 00:22:29,359 Hilary Hoffman: a time limit and eventually you actually would prefer to 441 00:22:29,359 --> 00:22:31,679 Hilary Hoffman: be home at seven pm as opposed to being at 442 00:22:31,720 --> 00:22:34,720 Hilary Hoffman: the newest restaurant. And so I just knew that I 443 00:22:34,760 --> 00:22:37,480 Hilary Hoffman: was never going to be able to live my fullest 444 00:22:37,480 --> 00:22:41,399 Hilary Hoffman: life with this type of lifestyle. And I think that 445 00:22:41,440 --> 00:22:43,479 Hilary Hoffman: I started to realize my real skills and where I 446 00:22:43,520 --> 00:22:46,640 Hilary Hoffman: was adding value and I was smart enough to make 447 00:22:46,640 --> 00:22:49,200 Hilary Hoffman: it work. And I think that I used my background 448 00:22:49,400 --> 00:22:51,960 Hilary Hoffman: not being in finance to my advantage so that I 449 00:22:51,960 --> 00:22:54,359 Hilary Hoffman: would always ask the dumb questions, but no one wanted 450 00:22:54,400 --> 00:22:56,600 Hilary Hoffman: to and when people say there's no such thing as 451 00:22:56,600 --> 00:23:00,480 Hilary Hoffman: a dumb question, there are. There are dumb questions, but 452 00:23:00,560 --> 00:23:03,520 Hilary Hoffman: dumb questions only happen when you're not listening. And I 453 00:23:03,560 --> 00:23:05,480 Hilary Hoffman: think that what I learned is a lot of times 454 00:23:05,520 --> 00:23:07,399 Hilary Hoffman: when you think it's a dumb question, it's actually not. 455 00:23:07,960 --> 00:23:11,159 Hilary Hoffman: What you're actually asking for is further clarification. And so 456 00:23:11,240 --> 00:23:13,119 Hilary Hoffman: I think for me, a lot of people would present 457 00:23:13,760 --> 00:23:17,200 Hilary Hoffman: an idea with the understanding that I had the backstory. 458 00:23:17,400 --> 00:23:19,720 Hilary Hoffman: But what's crazy is I would just ask for the backstory, 459 00:23:19,800 --> 00:23:22,520 Hilary Hoffman: so what they were saying made sense. Seventy five percent 460 00:23:22,520 --> 00:23:25,560 Hilary Hoffman: of the room didn't understand the backstory either, So people 461 00:23:25,600 --> 00:23:28,840 Hilary Hoffman: really started to lean on me to ask those questions, 462 00:23:29,160 --> 00:23:31,320 Hilary Hoffman: and I was actually able to parlay that into the 463 00:23:31,359 --> 00:23:33,640 Hilary Hoffman: way that I wrote, and so I started writing these 464 00:23:33,800 --> 00:23:37,919 Hilary Hoffman: marketing pieces. Funny enough, during the Trump Clinton election, I 465 00:23:38,119 --> 00:23:41,960 Hilary Hoffman: did something called custom basket. So an ETF is imagine 466 00:23:42,000 --> 00:23:44,680 Hilary Hoffman: trading the whole tech portfolio that trades on the SMP 467 00:23:45,240 --> 00:23:47,840 Hilary Hoffman: in one single share. So instead of having to decide, 468 00:23:47,840 --> 00:23:50,359 Hilary Hoffman: like am I going to buy Microsoft and Apple and 469 00:23:50,560 --> 00:23:53,200 Hilary Hoffman: Zinga and all these other crazy stocks. I just want 470 00:23:53,240 --> 00:23:55,040 Hilary Hoffman: exposure to the tech space, So I'm going to buy 471 00:23:55,160 --> 00:23:58,720 Hilary Hoffman: an ETF. We were able to create these instruments where 472 00:23:58,800 --> 00:24:01,920 Hilary Hoffman: you could actually design your per So if I wanted 473 00:24:01,920 --> 00:24:05,240 Hilary Hoffman: exposure to these five names that traded on the public markets, 474 00:24:05,720 --> 00:24:08,159 Hilary Hoffman: I wanted them to be weighted a certain way, I 475 00:24:08,200 --> 00:24:10,560 Hilary Hoffman: could create that for you. You could use it as 476 00:24:10,560 --> 00:24:12,600 Hilary Hoffman: a directional trade, you could use it as a hedge. 477 00:24:13,080 --> 00:24:15,240 Hilary Hoffman: But what it allowed us to do during like big 478 00:24:15,280 --> 00:24:19,800 Hilary Hoffman: moments in whether it was a politics or something happening abroad, 479 00:24:19,880 --> 00:24:23,840 Hilary Hoffman: is we could create these instruments that showed market exposure 480 00:24:23,920 --> 00:24:27,440 Hilary Hoffman: to these names. So I remember, I create these custom baskets, 481 00:24:27,520 --> 00:24:29,760 Hilary Hoffman: a basket of names that would perform well if Trump won, 482 00:24:29,800 --> 00:24:31,520 Hilary Hoffman: and a basket of names that would perform well if 483 00:24:31,600 --> 00:24:34,720 Hilary Hoffman: Hillary Clinton won. And what was fun about that project 484 00:24:34,800 --> 00:24:39,040 Hilary Hoffman: is like that trading idea went out to thousands of people, 485 00:24:39,480 --> 00:24:43,240 Hilary Hoffman: and as someone who was a lower core tile analyst 486 00:24:43,600 --> 00:24:46,040 Hilary Hoffman: who brought their way up to a top core tile, 487 00:24:46,880 --> 00:24:49,000 Hilary Hoffman: I used my weakness has my strength, and so here 488 00:24:49,040 --> 00:24:50,560 Hilary Hoffman: I am talking about all the things that no one 489 00:24:50,640 --> 00:24:54,760 Hilary Hoffman: wanted to ask about. Created these instruments that traders across 490 00:24:55,119 --> 00:24:57,879 Hilary Hoffman: New York were able to use to see how things moved, 491 00:24:57,880 --> 00:24:59,600 Hilary Hoffman: and it ended up being a really powerful tool and 492 00:24:59,600 --> 00:25:02,880 Hilary Hoffman: like that was probably my first real win as a trader, 493 00:25:03,119 --> 00:25:06,840 Hilary Hoffman: was like that marketing piece, creating those baskets and having 494 00:25:06,840 --> 00:25:10,600 Hilary Hoffman: a real win. But what tended to happen for most 495 00:25:10,640 --> 00:25:13,919 Hilary Hoffman: young people is you would have all these wins, you 496 00:25:13,960 --> 00:25:16,560 Hilary Hoffman: work really hard for an end number, your bonus would 497 00:25:16,600 --> 00:25:19,800 Hilary Hoffman: come and you either felt fulfilled by that figure or 498 00:25:19,840 --> 00:25:23,640 Hilary Hoffman: you felt like something was missing. And I felt very 499 00:25:23,760 --> 00:25:25,760 Hilary Hoffman: accomplished with the number I was given for the first 500 00:25:25,800 --> 00:25:29,639 Hilary Hoffman: five years. In my sixth year, I knew what I 501 00:25:29,680 --> 00:25:33,120 Hilary Hoffman: had done in that seat, and I think what's really 502 00:25:33,119 --> 00:25:36,440 Hilary Hoffman: tough about working at a big company is your performance 503 00:25:36,520 --> 00:25:39,720 Hilary Hoffman: is not the only thing that's going into that end number. 504 00:25:40,119 --> 00:25:43,359 Hilary Hoffman: It's the performance of the firm, your group, the people 505 00:25:43,400 --> 00:25:45,199 Hilary Hoffman: to your left, to your right, that's going to influence 506 00:25:45,240 --> 00:25:47,879 Hilary Hoffman: the outcome of your bonus number. And I just started 507 00:25:47,880 --> 00:25:50,600 Hilary Hoffman: to realize I wanted more control over the outcome. There's 508 00:25:50,600 --> 00:25:52,080 Hilary Hoffman: a lot more risk that goes with it, a lot 509 00:25:52,119 --> 00:25:54,560 Hilary Hoffman: more ownership. But I got my number, I knew it 510 00:25:54,600 --> 00:25:57,119 Hilary Hoffman: was time to leave the security division. I ended up 511 00:25:57,119 --> 00:25:59,240 Hilary Hoffman: seeing at Goldman for a little bit longer. I went 512 00:25:59,280 --> 00:26:02,960 Hilary Hoffman: into the private wealth management sector, where I basically was 513 00:26:02,960 --> 00:26:06,639 Hilary Hoffman: something called BDP, a business development professional and during that 514 00:26:06,760 --> 00:26:11,679 Hilary Hoffman: time I assisted private wealth advisors in finding new business, 515 00:26:11,840 --> 00:26:15,400 Hilary Hoffman: so finding high net worth individuals to pitch on Goldman Services. 516 00:26:15,800 --> 00:26:18,040 Hilary Hoffman: Loved my job. Then again it was another crash course 517 00:26:18,040 --> 00:26:20,160 Hilary Hoffman: and learning how to work with people, and I did 518 00:26:20,160 --> 00:26:22,960 Hilary Hoffman: that for about seven eight months and then that closed 519 00:26:23,000 --> 00:26:24,520 Hilary Hoffman: out my time at Goldman. 520 00:26:24,880 --> 00:26:27,159 Emily Tisch Sussman: What about It wasn't fulfilling? What were you missing? 521 00:26:28,040 --> 00:26:29,720 Hilary Hoffman: I knew I could never be the best at this 522 00:26:30,440 --> 00:26:32,399 Hilary Hoffman: because I didn't love it. I didn't love it the 523 00:26:32,400 --> 00:26:34,760 Hilary Hoffman: way that people loved it, the way that people woke 524 00:26:34,840 --> 00:26:38,960 Hilary Hoffman: up so fucking excited to read what the job's report 525 00:26:39,119 --> 00:26:41,120 Hilary Hoffman: was or what the FED was going to do. Are 526 00:26:41,119 --> 00:26:43,719 Hilary Hoffman: we tapering? Are we hawkish? Or are we dubbish? I 527 00:26:43,760 --> 00:26:46,720 Hilary Hoffman: was like, I don't care, and there was a moment 528 00:26:46,760 --> 00:26:50,879 Hilary Hoffman: in time where I really owned that and let me pause. 529 00:26:50,920 --> 00:26:54,000 Hilary Hoffman: Though it's important to care enough, because I don't think 530 00:26:54,119 --> 00:26:57,720 Hilary Hoffman: enough people understand what's happening with our economy. And you 531 00:26:57,760 --> 00:27:01,479 Hilary Hoffman: should always have an unders standing of why things are 532 00:27:01,520 --> 00:27:04,320 Hilary Hoffman: doing what they're doing because it affects everything from the 533 00:27:04,359 --> 00:27:06,320 Hilary Hoffman: cost of your home to the cost of your sweater. 534 00:27:06,560 --> 00:27:08,560 Hilary Hoffman: I mean, lord knows what's going to happen with tariffs 535 00:27:08,840 --> 00:27:12,240 Hilary Hoffman: starting next year. Like, that's a pretty terrifying thing. And 536 00:27:12,640 --> 00:27:16,600 Hilary Hoffman: as someone that just started a merchandising line to their business, 537 00:27:17,280 --> 00:27:19,480 Hilary Hoffman: who knows it costs twenty five percent more to produce 538 00:27:19,480 --> 00:27:22,679 Hilary Hoffman: the same sweatshirt. So I'm glad that I have the 539 00:27:22,800 --> 00:27:25,720 Hilary Hoffman: understanding of the in the baseline knowledge needed to know 540 00:27:25,800 --> 00:27:28,920 Hilary Hoffman: how the economy works. But there's knowing how something works 541 00:27:28,920 --> 00:27:31,399 Hilary Hoffman: and there's wanting to throw your whole self into it. 542 00:27:31,960 --> 00:27:33,600 Hilary Hoffman: And I did not want to do that, and I 543 00:27:33,640 --> 00:27:37,239 Hilary Hoffman: felt the friction. But did that feel like a hard realization. 544 00:27:36,800 --> 00:27:38,879 Emily Tisch Sussman: To you given that you had you know, you were 545 00:27:38,880 --> 00:27:41,480 Emily Tisch Sussman: following in your father's footsteps. Yeah, we're loving It didnt 546 00:27:41,480 --> 00:27:43,720 Emily Tisch Sussman: feel like a hard realization. It was terrifying. It was 547 00:27:43,800 --> 00:27:46,359 Emily Tisch Sussman: terrifying to think that I put all this time and 548 00:27:46,400 --> 00:27:49,679 Emily Tisch Sussman: all this energy into one sector and to make the 549 00:27:49,720 --> 00:27:53,879 Emily Tisch Sussman: pivot out of it felt at times impossible. And I'm 550 00:27:53,920 --> 00:27:56,080 Emily Tisch Sussman: sure you've heard the story a million times, but one 551 00:27:56,119 --> 00:27:58,280 Emily Tisch Sussman: of the greatest people you can read when you're going 552 00:27:58,280 --> 00:28:01,280 Emily Tisch Sussman: through a moment of change is Glennin duyts Entamed And 553 00:28:01,600 --> 00:28:03,760 Emily Tisch Sussman: I mean that struck a nerve that was so deep, 554 00:28:03,800 --> 00:28:06,000 Emily Tisch Sussman: And I really do think that anyone that does read 555 00:28:06,000 --> 00:28:08,640 Emily Tisch Sussman: that book, no matter when you read it, there's something 556 00:28:08,920 --> 00:28:12,359 Emily Tisch Sussman: that's happening in your life that becomes clearer because of 557 00:28:12,359 --> 00:28:14,880 Emily Tisch Sussman: the way that she was able to articulate her life. 558 00:28:15,000 --> 00:28:18,240 Emily Tisch Sussman: And I remember this was later on. I wasn't Goldman anymore. 559 00:28:18,520 --> 00:28:20,520 Emily Tisch Sussman: I was now working at the job that pushed me 560 00:28:20,560 --> 00:28:22,879 Emily Tisch Sussman: into creating Sodo. And I'll be careful how I speak 561 00:28:22,880 --> 00:28:25,879 Emily Tisch Sussman: about it, because it was definitely not a good experience. 562 00:28:26,760 --> 00:28:29,479 Emily Tisch Sussman: But yeah, I was working in real estate after Goldman 563 00:28:30,000 --> 00:28:32,359 Emily Tisch Sussman: and I'm reading Glennon and the one thing she kept 564 00:28:32,400 --> 00:28:34,919 Emily Tisch Sussman: saying that felt so true was that the enemy of 565 00:28:35,080 --> 00:28:37,359 Emily Tisch Sussman: true enough is good enough. And I was like, you 566 00:28:37,400 --> 00:28:39,480 Emily Tisch Sussman: know what, I just have to accept that the last 567 00:28:39,480 --> 00:28:42,000 Emily Tisch Sussman: seven and a half eight years they were good enough, 568 00:28:42,760 --> 00:28:46,320 Emily Tisch Sussman: but they were not true enough. And she's all about 569 00:28:46,800 --> 00:28:50,120 Emily Tisch Sussman: imagery of fire and friction and leaning into that sensation 570 00:28:50,200 --> 00:28:53,320 Emily Tisch Sussman: of letting it burn. And don't be afraid of fire 571 00:28:53,400 --> 00:28:56,200 Emily Tisch Sussman: being something negative. Instead think of it as an ability 572 00:28:56,280 --> 00:28:59,200 Emily Tisch Sussman: to clear space for what's really supposed to blossom and 573 00:28:59,240 --> 00:29:01,960 Emily Tisch Sussman: flourish and grow. Oh. If there was one thing I 574 00:29:01,960 --> 00:29:04,800 Emily Tisch Sussman: could say about Hillary, it's that she seems like an 575 00:29:04,840 --> 00:29:09,240 Emily Tisch Sussman: extremely grounded and nobs type person. But I love it 576 00:29:09,280 --> 00:29:12,400 Emily Tisch Sussman: when a guest surprises me because she finally got the 577 00:29:12,480 --> 00:29:15,360 Emily Tisch Sussman: kick she needed to take the leap and start Sodo 578 00:29:15,440 --> 00:29:18,160 Emily Tisch Sussman: method from a tarot card reading. 579 00:29:19,320 --> 00:29:22,360 Hilary Hoffman: And what was crazy? Just as a side note to 580 00:29:22,400 --> 00:29:25,840 Hilary Hoffman: all of this, I was reading that I was working 581 00:29:25,880 --> 00:29:28,840 Hilary Hoffman: in real estate. Soto had started to become a side 582 00:29:28,880 --> 00:29:31,280 Hilary Hoffman: hustle of mind that I was leaning more into. And 583 00:29:31,360 --> 00:29:33,400 Hilary Hoffman: I was at my friend's wedding. The woman doing my 584 00:29:33,480 --> 00:29:36,880 Hilary Hoffman: makeup she was a psychic or a medium of some sort, 585 00:29:37,120 --> 00:29:39,560 Hilary Hoffman: and she was telling me about her job and she said, 586 00:29:39,560 --> 00:29:42,080 Hilary Hoffman: I'd love to give you a free reading. I was like, sure, 587 00:29:42,240 --> 00:29:44,640 Hilary Hoffman: why not? So we wrapped up the makeup session. A 588 00:29:44,640 --> 00:29:46,280 Hilary Hoffman: few weeks later, I got on a zoom with her. 589 00:29:47,000 --> 00:29:52,000 Hilary Hoffman: She again to zoom medium reading. I'm all for believing 590 00:29:52,120 --> 00:29:55,080 Hilary Hoffman: in others, and I wanted to be along for the ride, 591 00:29:55,080 --> 00:29:56,920 Hilary Hoffman: but in my brain, I'm like, there's no way this 592 00:29:56,960 --> 00:29:59,400 Hilary Hoffman: is going to amount to anything. But I went into 593 00:29:59,440 --> 00:30:02,560 Hilary Hoffman: a pan openma. So she started her sessions with you 594 00:30:02,600 --> 00:30:06,360 Hilary Hoffman: posing a question, and her question was, or my question 595 00:30:06,480 --> 00:30:08,800 Hilary Hoffman: that I wanted to ask for the session was am 596 00:30:08,800 --> 00:30:11,000 Hilary Hoffman: I on the right path? And we went through this 597 00:30:11,040 --> 00:30:13,680 Hilary Hoffman: whole journey together where she was really pulling on what 598 00:30:13,720 --> 00:30:16,719 Hilary Hoffman: she calls popcorns of elements of my life and they 599 00:30:16,760 --> 00:30:19,320 Hilary Hoffman: all really rang true. And towards the end of the session, 600 00:30:19,400 --> 00:30:21,280 Hilary Hoffman: she kept saying, I see all these images of fire, 601 00:30:21,880 --> 00:30:26,160 Hilary Hoffman: like I see you sitting in a house. It's on fire, 602 00:30:26,600 --> 00:30:28,880 Hilary Hoffman: but you're okay. And of course all of a sudden 603 00:30:28,880 --> 00:30:32,120 Hilary Hoffman: you're like, oh shit, I believe so I'm believing it. 604 00:30:32,160 --> 00:30:35,000 Hilary Hoffman: I'm like, okay, but don't get carried away. She keeps 605 00:30:35,040 --> 00:30:37,720 Hilary Hoffman: going on this rhetoric of belief and fire and all 606 00:30:37,720 --> 00:30:40,320 Hilary Hoffman: of this. End of the session, she pulls out tearret 607 00:30:40,320 --> 00:30:43,120 Hilary Hoffman: cards and there's probably two hundred and fifty in this deck, 608 00:30:43,640 --> 00:30:47,680 Hilary Hoffman: shuffles them, puts them out again, zoom. She goes tell 609 00:30:47,680 --> 00:30:49,760 Hilary Hoffman: me when to stop. Her finger starts to go across 610 00:30:49,800 --> 00:30:53,480 Hilary Hoffman: the cards and I say stop. Pulls up a card 611 00:30:54,240 --> 00:30:57,640 Hilary Hoffman: and on it it's a burning house, kid, you not 612 00:30:58,040 --> 00:31:01,000 Hilary Hoffman: I could like cry actually thinking about it. Are so 613 00:31:01,320 --> 00:31:05,360 Hilary Hoffman: she's reading all the things about this card, and every 614 00:31:05,440 --> 00:31:09,200 Hilary Hoffman: card has an associated It's not a phrase, it's a 615 00:31:09,240 --> 00:31:12,479 Hilary Hoffman: guiding sentence to take with you. And the guiding sentence 616 00:31:12,480 --> 00:31:14,720 Hilary Hoffman: of my card was I rised from the rubble of 617 00:31:14,760 --> 00:31:16,360 Hilary Hoffman: old identities to become who I was. 618 00:31:16,320 --> 00:31:16,680 Emily Tisch Sussman: Meant to be. 619 00:31:17,680 --> 00:31:21,160 Hilary Hoffman: And it hit me so sincerely in that moment, And 620 00:31:21,200 --> 00:31:23,880 Hilary Hoffman: I think not that I needed that to give me permission, 621 00:31:24,240 --> 00:31:27,200 Hilary Hoffman: but I think we oftentimes look at a ten year 622 00:31:27,320 --> 00:31:30,959 Hilary Hoffman: career and write it off for being something that allowed 623 00:31:31,040 --> 00:31:35,600 Hilary Hoffman: us to be great with subject matter expertise. I think 624 00:31:35,600 --> 00:31:37,720 Hilary Hoffman: you can always take it a step further sure of 625 00:31:37,760 --> 00:31:40,640 Hilary Hoffman: their subject matter expertise that I spent ten years doing. 626 00:31:40,720 --> 00:31:44,160 Hilary Hoffman: But there's also all these soft skills that I've accumulated 627 00:31:44,200 --> 00:31:45,640 Hilary Hoffman: along the way that are actually going to set me 628 00:31:45,680 --> 00:31:49,200 Hilary Hoffman: apart in this next journey, in this next identity that 629 00:31:49,240 --> 00:31:51,920 Hilary Hoffman: I would otherwise not have if it wasn't for that experience. 630 00:31:52,560 --> 00:31:55,920 Hilary Hoffman: So what I initially cast off as being something almost 631 00:31:55,960 --> 00:31:59,280 Hilary Hoffman: impossible to pivot out of, I actually felt even more 632 00:31:59,320 --> 00:32:01,880 Hilary Hoffman: inspired to make the pivot because I was going to 633 00:32:01,880 --> 00:32:04,400 Hilary Hoffman: be entering a space with new perspective that others didn't have. 634 00:32:05,440 --> 00:32:08,000 Emily Tisch Sussman: So let's get into the founding. Yeah, but give us 635 00:32:08,000 --> 00:32:11,760 Emily Tisch Sussman: a little background here to where your headspace was when 636 00:32:11,760 --> 00:32:15,120 Emily Tisch Sussman: you got into even just the beginning of what became 637 00:32:15,160 --> 00:32:16,280 Emily Tisch Sussman: the seedlings of soda. 638 00:32:16,880 --> 00:32:20,080 Hilary Hoffman: Totally, I think that where I was at is I 639 00:32:20,160 --> 00:32:23,800 Hilary Hoffman: was turning thirty. So I had turned thirty, I was 640 00:32:23,800 --> 00:32:26,720 Hilary Hoffman: wrapping up my time at this real estate fund. Husband 641 00:32:26,760 --> 00:32:30,240 Hilary Hoffman: got a job in Los Angeles, his dream job. He's 642 00:32:30,400 --> 00:32:32,880 Hilary Hoffman: my favorite person, and we've always been very supportive as 643 00:32:32,920 --> 00:32:35,880 Hilary Hoffman: partners in letting the other person chase their dream. So 644 00:32:35,920 --> 00:32:37,880 Hilary Hoffman: this was like the first opportunity where he got to 645 00:32:37,960 --> 00:32:40,720 Hilary Hoffman: chase and I didn't want to stand in the way 646 00:32:40,760 --> 00:32:43,040 Hilary Hoffman: of that, and I actually really supported it. I was 647 00:32:43,080 --> 00:32:45,760 Hilary Hoffman: also lucky I could pivot internally at Goldman like it 648 00:32:45,800 --> 00:32:48,520 Hilary Hoffman: was easy. So I ended up just moving to Goldman's 649 00:32:48,520 --> 00:32:51,920 Hilary Hoffman: same exact job. I left Goldman on the best of terms. 650 00:32:51,960 --> 00:32:55,320 Hilary Hoffman: It just wasn't a fit anymore, No ill will whatsoever. 651 00:32:55,440 --> 00:32:58,760 Hilary Hoffman: I really do love Goldman. It's an amazing place. I 652 00:32:58,920 --> 00:33:03,480 Hilary Hoffman: also important I wanted to leverage my seven years for 653 00:33:03,560 --> 00:33:05,920 Hilary Hoffman: one last job in finance. Ended up finding a real 654 00:33:06,040 --> 00:33:07,280 Hilary Hoffman: estate fund that I thought was going to be a 655 00:33:07,280 --> 00:33:10,000 Hilary Hoffman: good fit title pay. Got what I wanted from it. 656 00:33:10,440 --> 00:33:14,240 Hilary Hoffman: Started with that job. COVID happened during it. I always say, 657 00:33:14,240 --> 00:33:18,320 Hilary Hoffman: crisis accelerates the inevitable. A lot of the yellow flags 658 00:33:18,320 --> 00:33:22,080 Hilary Hoffman: that I'd seen turned to red flax, and I knew 659 00:33:22,120 --> 00:33:25,120 Hilary Hoffman: it wasn't the place for me anymore. During that time, 660 00:33:25,680 --> 00:33:30,120 Hilary Hoffman: I was exploring every job, not just SODO, and I 661 00:33:30,200 --> 00:33:32,040 Hilary Hoffman: made a commitment to myself that every month I'd have 662 00:33:32,040 --> 00:33:34,640 Hilary Hoffman: a conversation with five or seven people who were in 663 00:33:34,720 --> 00:33:39,480 Hilary Hoffman: my network, completely unaffiliated with finance, who from a naked 664 00:33:39,480 --> 00:33:42,360 Hilary Hoffman: eyed looked like they loved their job. And I'm lucky 665 00:33:42,440 --> 00:33:44,000 Hilary Hoffman: enough that I had friends in my network who are 666 00:33:44,000 --> 00:33:46,640 Hilary Hoffman: willing to be honest with me. And what I realized 667 00:33:46,720 --> 00:33:48,640 Hilary Hoffman: was half the people who I thought loved their job 668 00:33:48,680 --> 00:33:51,440 Hilary Hoffman: didn't and they told me why. And then the other 669 00:33:51,520 --> 00:33:53,720 Hilary Hoffman: half was honest and said, I love my job. And 670 00:33:54,280 --> 00:33:57,080 Hilary Hoffman: what I realized in everyone that loved their job, the 671 00:33:57,520 --> 00:34:01,000 Hilary Hoffman: underlying thread was they had a ton to me. They 672 00:34:01,000 --> 00:34:03,240 Hilary Hoffman: felt autonomous, they felt like they had choice, and they 673 00:34:03,280 --> 00:34:04,520 Hilary Hoffman: felt like their choice mattered. 674 00:34:06,760 --> 00:34:11,560 Emily Tisch Sussman: After all of her conversations, Hillary was finally ready to 675 00:34:11,760 --> 00:34:23,319 Emily Tisch Sussman: make her pivot more after the break. After a few 676 00:34:23,360 --> 00:34:26,560 Emily Tisch Sussman: months of networking, Hillary started to hone in on her 677 00:34:26,560 --> 00:34:30,040 Emily Tisch Sussman: pivot and began to develop a brand new workout method 678 00:34:30,160 --> 00:34:33,120 Emily Tisch Sussman: based on her own personal fitness experiences. 679 00:34:34,320 --> 00:34:36,240 Hilary Hoffman: So for me, what I realized in my own workout 680 00:34:36,280 --> 00:34:39,680 Hilary Hoffman: is I hated the downtime between different muscle blocks so 681 00:34:40,320 --> 00:34:42,000 Hilary Hoffman: or rather different muscle groups. And if you were at 682 00:34:42,000 --> 00:34:45,800 Hilary Hoffman: a hit cardio class, there was so much demoing. If 683 00:34:45,920 --> 00:34:48,600 Hilary Hoffman: you were at a spin class, it was just all 684 00:34:48,600 --> 00:34:51,760 Hilary Hoffman: focused on cardio, and so how could I get muscle 685 00:34:51,800 --> 00:34:56,840 Hilary Hoffman: specific movements coupled with cardio in a way that delivered 686 00:34:56,920 --> 00:35:01,319 Hilary Hoffman: efficiency and not just efficiency, but real result. So I 687 00:35:01,440 --> 00:35:04,360 Hilary Hoffman: created the Sodo roadmap, which is this predictable roadmap that 688 00:35:04,400 --> 00:35:07,480 Hilary Hoffman: I lean on. And then also this idea of isometrics 689 00:35:07,480 --> 00:35:10,440 Hilary Hoffman: I learned at a very young age planking, squatting, all 690 00:35:10,480 --> 00:35:13,920 Hilary Hoffman: of that we did to build muscle mass when we 691 00:35:13,920 --> 00:35:17,200 Hilary Hoffman: were training for track, and I was a long distance athlete. 692 00:35:17,280 --> 00:35:21,120 Hilary Hoffman: So the idea between working fast twitch muscles and then 693 00:35:21,160 --> 00:35:24,440 Hilary Hoffman: also like really learning how to increase your endurance, isometrics 694 00:35:24,440 --> 00:35:27,640 Hilary Hoffman: were a great tool and I just loved it. And 695 00:35:27,719 --> 00:35:29,880 Hilary Hoffman: I loved how in the thirty minute workout, I was 696 00:35:29,960 --> 00:35:33,440 Hilary Hoffman: actively working for twenty six minutes, And I loved how 697 00:35:33,480 --> 00:35:36,120 Hilary Hoffman: I could stack my way up to a really intense class. 698 00:35:36,400 --> 00:35:39,040 Hilary Hoffman: I could also stack my way down to something really approachable. 699 00:35:39,480 --> 00:35:42,600 Hilary Hoffman: And so it started to happen. Was consistency, and it 700 00:35:42,640 --> 00:35:46,560 Hilary Hoffman: wasn't just consistency, it was consistency with intention, and so 701 00:35:46,680 --> 00:35:49,279 Hilary Hoffman: I wanted to do it every day, and so for 702 00:35:49,360 --> 00:35:52,360 Hilary Hoffman: three months I committed to my own program, slowly started 703 00:35:52,400 --> 00:35:56,960 Hilary Hoffman: socializing it with friends. So it naturally gained traction and 704 00:35:57,080 --> 00:36:00,000 Hilary Hoffman: I started sending out a weekly email here my zoom clouds, 705 00:36:00,280 --> 00:36:01,880 Hilary Hoffman: if you want to join me and my own workout 706 00:36:01,880 --> 00:36:04,680 Hilary Hoffman: would love to have you. Then those translated into in 707 00:36:04,719 --> 00:36:07,960 Hilary Hoffman: person workouts in Los Angeles, and so it just was 708 00:36:07,960 --> 00:36:12,160 Hilary Hoffman: this like natural lily pad effect where people would try it, 709 00:36:12,680 --> 00:36:15,759 Hilary Hoffman: they would love it, they would share it, and that's 710 00:36:15,800 --> 00:36:17,840 Hilary Hoffman: how everything kept growing organically. 711 00:36:18,400 --> 00:36:19,959 Emily Tisch Sussman: One of the things that we talk about when people 712 00:36:20,000 --> 00:36:23,040 Emily Tisch Sussman: are thinking about how to pivot is being realistic about 713 00:36:23,040 --> 00:36:26,080 Emily Tisch Sussman: how much bandwidth you have, yes financially what you need 714 00:36:26,120 --> 00:36:28,160 Emily Tisch Sussman: to do, and so you know, sometimes you need to 715 00:36:28,160 --> 00:36:30,560 Emily Tisch Sussman: start slowly. And started as a side hustle over time, 716 00:36:30,600 --> 00:36:32,360 Emily Tisch Sussman: and you did that for a long time. 717 00:36:32,800 --> 00:36:34,680 Hilary Hoffman: I did. And I think that this concept of a 718 00:36:34,719 --> 00:36:37,920 Hilary Hoffman: side hustle, it's not because you're treating it as a 719 00:36:38,000 --> 00:36:42,279 Hilary Hoffman: lesser job. It's just that you're not reliant on that 720 00:36:42,400 --> 00:36:44,839 Hilary Hoffman: job for your sole source of income. And I think 721 00:36:44,960 --> 00:36:47,400 Hilary Hoffman: that's the biggest difference. And I think a lot of 722 00:36:47,440 --> 00:36:50,440 Hilary Hoffman: people the misconception is that a side hustle doesn't require 723 00:36:50,440 --> 00:36:52,960 Hilary Hoffman: one hundred percent of your energy. It does. A side 724 00:36:53,000 --> 00:36:55,920 Hilary Hoffman: hustle and your full time job require one hundred percent 725 00:36:55,920 --> 00:36:58,320 Hilary Hoffman: of your energy, and it's up to you to figure 726 00:36:58,320 --> 00:37:00,839 Hilary Hoffman: out how you're going to make that work. And what's 727 00:37:00,880 --> 00:37:03,960 Hilary Hoffman: great about a side hustle is it quickly tests how 728 00:37:04,040 --> 00:37:06,520 Hilary Hoffman: much you love doing something and how much it's worth it. 729 00:37:06,560 --> 00:37:08,520 Hilary Hoffman: So I actually think it's really important to do it 730 00:37:08,600 --> 00:37:11,799 Hilary Hoffman: because if you're meant to do it as your full 731 00:37:11,840 --> 00:37:15,520 Hilary Hoffman: time job, it will naturally happen because you want to 732 00:37:15,560 --> 00:37:19,000 Hilary Hoffman: spend your time there instead of using that time for 733 00:37:19,080 --> 00:37:22,759 Hilary Hoffman: something else. And I think from a financial standpoint, there's 734 00:37:22,760 --> 00:37:25,120 Hilary Hoffman: a reason why I stayed at Goldman for seven years. 735 00:37:25,320 --> 00:37:28,520 Hilary Hoffman: One was the fact that I was learning a lot 736 00:37:28,600 --> 00:37:30,640 Hilary Hoffman: and I was enjoying my time there. But there was 737 00:37:30,680 --> 00:37:33,000 Hilary Hoffman: also a big piece of me which said, I'm making 738 00:37:33,000 --> 00:37:36,000 Hilary Hoffman: a lot of money, I can save money, and I 739 00:37:36,080 --> 00:37:38,279 Hilary Hoffman: want to have that reserve when the day comes where 740 00:37:38,360 --> 00:37:40,600 Hilary Hoffman: I really know what I want to do. And that's 741 00:37:40,600 --> 00:37:42,960 Hilary Hoffman: a sacrifice. And you're not going to love every day 742 00:37:43,000 --> 00:37:45,560 Hilary Hoffman: and you're not going to necessarily love your job. But 743 00:37:45,680 --> 00:37:48,160 Hilary Hoffman: I loved the savings that I was able to accumulate 744 00:37:48,239 --> 00:37:50,840 Hilary Hoffman: during that time for something in the future, and I 745 00:37:50,880 --> 00:37:56,000 Hilary Hoffman: think investing in yourself takes disciplinary moments like that. Additionally, 746 00:37:56,239 --> 00:37:58,600 Hilary Hoffman: I was fortunate enough to have an incredible partner who 747 00:37:58,600 --> 00:38:01,879 Hilary Hoffman: could also support us, and I think that Weirdly enough, 748 00:38:01,920 --> 00:38:04,000 Hilary Hoffman: my husband and I went out at the exact same time. 749 00:38:04,480 --> 00:38:08,120 Hilary Hoffman: He's also a CEO and founder, so very very different 750 00:38:08,120 --> 00:38:10,279 Hilary Hoffman: business than mine. So we coupled each other nicely, but 751 00:38:10,760 --> 00:38:12,960 Hilary Hoffman: we had each other, which I think is a really 752 00:38:13,040 --> 00:38:16,360 Hilary Hoffman: really important thing to have when you're doing anything by yourself. 753 00:38:16,760 --> 00:38:19,799 Hilary Hoffman: And I also had timelines so as it related to 754 00:38:20,480 --> 00:38:23,640 Hilary Hoffman: my job in finance, I had to make it to 755 00:38:23,719 --> 00:38:26,120 Hilary Hoffman: the day that my bonus was paid. Then I could 756 00:38:26,120 --> 00:38:29,080 Hilary Hoffman: reevaluate what I wanted to do. One of the toughest 757 00:38:29,080 --> 00:38:32,680 Hilary Hoffman: parts about the job that I had before starting SODO. Sorry, 758 00:38:32,719 --> 00:38:36,760 Hilary Hoffman: my story gets a little complicated. Goldman Goldman to real estate. 759 00:38:37,520 --> 00:38:41,000 Hilary Hoffman: During that real estate job, I was determined to make 760 00:38:41,040 --> 00:38:43,279 Hilary Hoffman: it to the day they paid me my bonus. I 761 00:38:43,320 --> 00:38:46,560 Hilary Hoffman: got really lucky, though, so my bonus was eventually paid 762 00:38:47,040 --> 00:38:51,080 Hilary Hoffman: after it was withheld for a ridiculous long period of time. 763 00:38:51,360 --> 00:38:53,000 Hilary Hoffman: So a lot of SODO is about this idea of 764 00:38:53,040 --> 00:38:57,920 Hilary Hoffman: sustaining mentally, and this concept of like holding on for 765 00:38:57,960 --> 00:38:59,840 Hilary Hoffman: one more second, and how do you make it for 766 00:38:59,880 --> 00:39:02,680 Hilary Hoffman: that one extra second. And I had to put that 767 00:39:02,719 --> 00:39:05,640 Hilary Hoffman: to the test with this bonus, and what allowed me 768 00:39:05,760 --> 00:39:08,560 Hilary Hoffman: to sustain my energy in that is that I think 769 00:39:08,560 --> 00:39:10,640 Hilary Hoffman: a lot of times people say, protect your mental health, 770 00:39:11,160 --> 00:39:13,440 Hilary Hoffman: get out. Your mental health is more important than money. 771 00:39:13,719 --> 00:39:14,040 Emily Tisch Sussman: It's not. 772 00:39:14,239 --> 00:39:17,200 Hilary Hoffman: Sometimes it's not. Sometimes the money is actually more important. 773 00:39:17,640 --> 00:39:19,520 Hilary Hoffman: And I needed that money to be able to do 774 00:39:19,640 --> 00:39:22,839 Hilary Hoffman: SODA full time. So I had to reverse engineer how 775 00:39:22,840 --> 00:39:25,560 Hilary Hoffman: can I keep my mental health while waiting this out, 776 00:39:25,640 --> 00:39:27,319 Hilary Hoffman: And Soda was what allowed me to do that. 777 00:39:29,560 --> 00:39:34,120 Emily Tisch Sussman: Hillary had to do her proverbial quote one extra second 778 00:39:34,520 --> 00:39:37,840 Emily Tisch Sussman: before she could fully leap and start SODO, so she 779 00:39:38,040 --> 00:39:41,080 Emily Tisch Sussman: held off a little longer and took a three month 780 00:39:41,120 --> 00:39:44,000 Emily Tisch Sussman: consulting gig to really build up her savings. 781 00:39:45,000 --> 00:39:47,080 Hilary Hoffman: I owed it to myself to try one more thing 782 00:39:47,160 --> 00:39:49,200 Hilary Hoffman: before diving into SODO, because I think a lot of 783 00:39:49,239 --> 00:39:52,000 Hilary Hoffman: times people can feel like they're running away from something 784 00:39:52,000 --> 00:39:55,080 Hilary Hoffman: that was terrible as opposed to running towards an opportunity, 785 00:39:55,320 --> 00:39:57,879 Hilary Hoffman: and so I wanted to test that theory. Three months 786 00:39:57,880 --> 00:40:02,080 Hilary Hoffman: at oak Tree. Loved it. I worked with ridiculously brilliant 787 00:40:02,080 --> 00:40:07,080 Hilary Hoffman: people who also cared about their employees' humanity, and so 788 00:40:07,200 --> 00:40:08,960 Hilary Hoffman: at the end of those three months, I had actually 789 00:40:09,000 --> 00:40:13,120 Hilary Hoffman: saved an additional three months of money to put towards Sodo, 790 00:40:13,520 --> 00:40:17,120 Hilary Hoffman: and I left Finance from a real place of empowerment. 791 00:40:17,280 --> 00:40:18,920 Hilary Hoffman: Left the door open at oak Tree if I ever 792 00:40:18,960 --> 00:40:22,560 Hilary Hoffman: wanted to go back. Discovered that you know what I do, 793 00:40:22,640 --> 00:40:24,120 Hilary Hoffman: have what it takes if I ever do want to 794 00:40:24,120 --> 00:40:26,640 Hilary Hoffman: come back into this world to be perfectly honest, So 795 00:40:26,760 --> 00:40:30,200 Hilary Hoffman: like all of my registration tests have expired, so the 796 00:40:30,239 --> 00:40:32,239 Hilary Hoffman: door is shut at this point because I refuse to 797 00:40:32,280 --> 00:40:36,600 Hilary Hoffman: take those exams again. Those were horrific. That was the 798 00:40:36,600 --> 00:40:38,600 Hilary Hoffman: worst part about Finance for me. And then I was 799 00:40:38,640 --> 00:40:40,440 Hilary Hoffman: able to go full time at the end of all 800 00:40:40,560 --> 00:40:43,760 Hilary Hoffman: that was Sodo. But I was conflicted with this choice, 801 00:40:43,760 --> 00:40:46,200 Hilary Hoffman: which is I can start Sodo or I can do 802 00:40:46,320 --> 00:40:50,600 Hilary Hoffman: one last really hard push and do this consulting gig, 803 00:40:50,800 --> 00:40:53,200 Hilary Hoffman: save a little bit more money, learn a little bit 804 00:40:53,239 --> 00:40:55,520 Hilary Hoffman: more and I'm so glad I did that. 805 00:40:56,000 --> 00:40:59,320 Hilary Hoffman: Hello, and welcome to your first Soto. For today's class, 806 00:40:59,320 --> 00:41:02,040 Hilary Hoffman: we're going to be doing an express like series. No 807 00:41:02,160 --> 00:41:05,120 Hilary Hoffman: equipment is required, you just need yourself and some space. 808 00:41:05,520 --> 00:41:07,520 Hilary Hoffman: And as we do this class together, I'm going to 809 00:41:07,560 --> 00:41:09,680 Hilary Hoffman: explain to you what is Sodo and what you can 810 00:41:09,760 --> 00:41:11,920 Hilary Hoffman: expect to find on the app. Today we're going to 811 00:41:11,920 --> 00:41:14,400 Hilary Hoffman: be activating the groups via a bridge, so that is 812 00:41:14,400 --> 00:41:16,359 Hilary Hoffman: going to allow your hands to be free. So if 813 00:41:16,400 --> 00:41:18,719 Hilary Hoffman: you need to work while working out, this is the 814 00:41:18,880 --> 00:41:20,760 Hilary Hoffman: perfect soda for equipment. 815 00:41:21,080 --> 00:41:23,600 Emily Tisch Sussman: And at this point talk to me about your strategy 816 00:41:23,640 --> 00:41:27,200 Emily Tisch Sussman: for growth and for marketing. Yes, you thought about training 817 00:41:27,239 --> 00:41:29,680 Emily Tisch Sussman: people one on one for a little while, even though 818 00:41:29,719 --> 00:41:30,920 Emily Tisch Sussman: it's very time intention. 819 00:41:30,760 --> 00:41:33,960 Hilary Hoffman: Totally so I think for me as it related to 820 00:41:34,000 --> 00:41:37,040 Hilary Hoffman: growing the business, and I talked to my husband about this. 821 00:41:37,680 --> 00:41:39,560 Hilary Hoffman: My business plan for the first year was to prove 822 00:41:39,600 --> 00:41:43,520 Hilary Hoffman: product market fit clearly on a smaller scale, no budget 823 00:41:43,520 --> 00:41:46,800 Hilary Hoffman: for marketing. I only put five thousand dollars into the business. 824 00:41:47,000 --> 00:41:49,720 Hilary Hoffman: Still to this day of my own money and everything 825 00:41:49,760 --> 00:41:54,880 Hilary Hoffman: has again been reinvesting, reinvesting, reinvesting. But what I learned 826 00:41:55,080 --> 00:41:58,360 Hilary Hoffman: was I when I by the time I was going 827 00:41:58,360 --> 00:42:00,400 Hilary Hoffman: out full time, I had already been doing it for 828 00:42:00,440 --> 00:42:04,400 Hilary Hoffman: eight months. So the iterative process of asking for feedback 829 00:42:04,440 --> 00:42:07,480 Hilary Hoffman: and incorporating and it already started. So talk about that 830 00:42:07,560 --> 00:42:10,359 Hilary Hoffman: muscle of not taking feedback personally. The method is as 831 00:42:10,360 --> 00:42:13,560 Hilary Hoffman: good as it is because I was willing to acknowledge 832 00:42:13,560 --> 00:42:15,400 Hilary Hoffman: that parts of it were not great in the beginning 833 00:42:15,800 --> 00:42:18,759 Hilary Hoffman: and make those changes. So what I did in that 834 00:42:18,800 --> 00:42:22,240 Hilary Hoffman: first year was find a really scrappy way to build 835 00:42:22,239 --> 00:42:24,600 Hilary Hoffman: my digital product, just to get it out there, host 836 00:42:24,640 --> 00:42:27,440 Hilary Hoffman: these in person classes from my garage in Santa Monica, 837 00:42:28,040 --> 00:42:31,080 Hilary Hoffman: and then take on personal business to the best of 838 00:42:31,120 --> 00:42:34,000 Hilary Hoffman: my ability. I did all three and I was able 839 00:42:34,040 --> 00:42:36,960 Hilary Hoffman: to make money in my first year. The other thing 840 00:42:36,960 --> 00:42:38,680 Hilary Hoffman: I did in that first year, and it's probably the 841 00:42:38,680 --> 00:42:41,480 Hilary Hoffman: biggest risk that I took personally ever in the course 842 00:42:41,520 --> 00:42:43,080 Hilary Hoffman: of the business, because it was just a team of one, 843 00:42:43,600 --> 00:42:45,840 Hilary Hoffman: but I did a three month pop up in the Hamptons. 844 00:42:45,960 --> 00:42:50,440 Hilary Hoffman: I rented the patio of Calissa, which is a restaurant 845 00:42:50,480 --> 00:42:53,440 Hilary Hoffman: in watermil where I was going to teach five days 846 00:42:53,440 --> 00:42:55,640 Hilary Hoffman: a week. I was going to hire two interns t 847 00:42:55,640 --> 00:42:57,400 Hilary Hoffman: help me clean, and I was going to see if 848 00:42:57,440 --> 00:43:00,280 Hilary Hoffman: in a course of three months could I build demand. 849 00:43:00,440 --> 00:43:05,160 Hilary Hoffman: Guerrilla marketing only terrifying to do this because again, who 850 00:43:05,239 --> 00:43:07,520 Hilary Hoffman: the hell am I? I had two thousand Instagram followers 851 00:43:07,560 --> 00:43:09,920 Hilary Hoffman: at the time, no one knew who I was. It 852 00:43:09,960 --> 00:43:11,920 Hilary Hoffman: was still there was still a lot of self consciousness 853 00:43:12,400 --> 00:43:14,680 Hilary Hoffman: with expressing to the world this is what I was doing. 854 00:43:15,040 --> 00:43:17,919 Hilary Hoffman: And it was a large investment. So I basically took 855 00:43:17,920 --> 00:43:19,600 Hilary Hoffman: all of my savings and I put it into the 856 00:43:19,600 --> 00:43:23,799 Hilary Hoffman: rent for Calissa. For these three months. June was all 857 00:43:23,840 --> 00:43:28,240 Hilary Hoffman: about building demand. July was about executing. August was about 858 00:43:28,239 --> 00:43:31,000 Hilary Hoffman: selling out. That was my hope, and it actually worked. 859 00:43:31,719 --> 00:43:33,879 Hilary Hoffman: June I had about two to three people in every 860 00:43:33,880 --> 00:43:38,840 Hilary Hoffman: class July fifteen to twenty August selling out at thirty 861 00:43:39,120 --> 00:43:42,480 Hilary Hoffman: every single class, every single day. So now I'm doing 862 00:43:42,600 --> 00:43:45,759 Hilary Hoffman: thirty people paying forty dollars a spot every single day 863 00:43:45,800 --> 00:43:49,759 Hilary Hoffman: in class. My personal business grew in tandem with it. 864 00:43:50,200 --> 00:43:52,040 Hilary Hoffman: So now I have my personal business, I have in 865 00:43:52,080 --> 00:43:56,879 Hilary Hoffman: person classes, and my scrappy digital product had finally taken off. 866 00:43:57,200 --> 00:43:59,960 Hilary Hoffman: And we're not talking thousands of subscribers. We're talking about 867 00:44:00,000 --> 00:44:02,840 Hilary Hoffman: out three hundred, four hundred subscribers at the time. The 868 00:44:02,960 --> 00:44:07,279 Hilary Hoffman: four hundred times thirty nine dollars, it's enough capital to 869 00:44:07,400 --> 00:44:10,759 Hilary Hoffman: kind of see you keep pushing through it. What was 870 00:44:10,840 --> 00:44:15,400 Hilary Hoffman: great was that summer ended, I made the next biggest investment, 871 00:44:15,440 --> 00:44:20,520 Hilary Hoffman: which was switching platform providers into the krem de la 872 00:44:20,600 --> 00:44:23,960 Hilary Hoffman: Creme of app building white label services, which is Vimeo. 873 00:44:24,360 --> 00:44:28,520 Hilary Hoffman: Loved them so much, and I launched my real app 874 00:44:28,640 --> 00:44:31,000 Hilary Hoffman: after that summer. So that's twenty twenty two, and so 875 00:44:31,080 --> 00:44:33,360 Hilary Hoffman: the big goal for twenty twenty two into twenty twenty 876 00:44:33,360 --> 00:44:37,320 Hilary Hoffman: three was can I grow this thing again, no marketing budget, 877 00:44:37,680 --> 00:44:40,600 Hilary Hoffman: all word of mouth. Can my clients be my biggest champions? 878 00:44:41,040 --> 00:44:41,919 Emily Tisch Sussman: It worked. 879 00:44:42,280 --> 00:44:44,440 Hilary Hoffman: A year later, we hit the numbers we wanted to build, 880 00:44:45,360 --> 00:44:48,520 Hilary Hoffman: and then what's crazy is now now we're a year 881 00:44:49,000 --> 00:44:51,480 Hilary Hoffman: if we're if we're where that part of the story 882 00:44:51,600 --> 00:44:54,399 Hilary Hoffman: ends would be a year ago today. So a year 883 00:44:54,440 --> 00:44:57,400 Hilary Hoffman: ago today, I made my first full time hire, my 884 00:44:57,520 --> 00:45:00,680 Hilary Hoffman: chief of staff, Samantha, who has been the most critical 885 00:45:01,080 --> 00:45:05,440 Hilary Hoffman: component to SODA's growth hands down, and we were presented 886 00:45:05,440 --> 00:45:07,799 Hilary Hoffman: with a really unique opportunity to do a pop up 887 00:45:07,920 --> 00:45:11,360 Hilary Hoffman: in New York for January, February, and March. I was 888 00:45:11,400 --> 00:45:13,759 Hilary Hoffman: living in Miami at the time. I should have mentioned that. 889 00:45:13,840 --> 00:45:16,880 Hilary Hoffman: After the summer and Callissa, my husband and I agreed 890 00:45:16,880 --> 00:45:18,880 Hilary Hoffman: to move to Miami because he had sold part of 891 00:45:18,920 --> 00:45:23,160 Hilary Hoffman: his business and we've never let where we live inhibit 892 00:45:23,400 --> 00:45:26,239 Hilary Hoffman: our dreams. We will move, we will make the sacrifices. 893 00:45:26,680 --> 00:45:29,080 Hilary Hoffman: We moved again. So we were there for a year 894 00:45:29,080 --> 00:45:32,879 Hilary Hoffman: and a half. Fast forward, it's now December of last year, 895 00:45:32,920 --> 00:45:34,920 Hilary Hoffman: so December of twenty twenty three, just. 896 00:45:34,880 --> 00:45:36,560 Emily Tisch Sussman: The time that everyone wants to move from Miami to 897 00:45:36,600 --> 00:45:36,960 Emily Tisch Sussman: New York. 898 00:45:37,080 --> 00:45:40,200 Hilary Hoffman: Truly, my husband's like this is fucking terrible, Hillary, Why 899 00:45:40,239 --> 00:45:41,799 Hilary Hoffman: are you doing this to us? I'm like, I know, 900 00:45:41,880 --> 00:45:44,799 Hilary Hoffman: I know, it's terrible timing, but it's January and people 901 00:45:44,880 --> 00:45:46,600 Hilary Hoffman: want to work out, so there's no better time to 902 00:45:46,600 --> 00:45:50,200 Hilary Hoffman: do a pop up that's fitness focused. So now we 903 00:45:50,280 --> 00:45:53,720 Hilary Hoffman: are in December. I had told my chief of staff 904 00:45:53,719 --> 00:45:56,840 Hilary Hoffman: originally that her job was going to be remote. We 905 00:45:56,880 --> 00:45:58,840 Hilary Hoffman: would work on Zoom all day. We would focus on 906 00:45:58,840 --> 00:46:01,920 Hilary Hoffman: the digital product, and at this time where we're currently 907 00:46:01,920 --> 00:46:05,400 Hilary Hoffman: at in today's day, which is December sixteenth or seventeen, 908 00:46:05,520 --> 00:46:07,640 Hilary Hoffman: twenty twenty four, this is when we were actually going 909 00:46:07,600 --> 00:46:10,719 Hilary Hoffman: to start exploring brick and mortar. She agreed to that. 910 00:46:11,000 --> 00:46:14,360 Hilary Hoffman: We had a very unique opportunity. I had to ask Grover, Zoom, 911 00:46:14,760 --> 00:46:16,719 Hilary Hoffman: you're about to commit to some of probably the most 912 00:46:16,719 --> 00:46:19,040 Hilary Hoffman: work you'll ever going to do in your life. You 913 00:46:19,080 --> 00:46:21,360 Hilary Hoffman: didn't sign up for this. You're allowed to say no. 914 00:46:22,040 --> 00:46:24,080 Hilary Hoffman: But if you say yes, I promise you I think 915 00:46:24,080 --> 00:46:24,960 Hilary Hoffman: we can do this together. 916 00:46:25,880 --> 00:46:26,640 Emily Tisch Sussman: She said yes. 917 00:46:27,600 --> 00:46:31,399 Hilary Hoffman: We legitimately signed our lease probably on this day last year. 918 00:46:32,080 --> 00:46:35,160 Hilary Hoffman: We had we got keys to it. Call it like 919 00:46:35,160 --> 00:46:39,560 Hilary Hoffman: December twentieth. December twentieth to January ninth is the time 920 00:46:39,600 --> 00:46:43,040 Hilary Hoffman: that we had to convert a second floor, really rough 921 00:46:43,080 --> 00:46:46,520 Hilary Hoffman: looking box of a place into our home. 922 00:46:47,320 --> 00:46:47,839 Emily Tisch Sussman: We did it. 923 00:46:48,160 --> 00:46:51,040 Hilary Hoffman: We covered three months of rent in our first week. 924 00:46:51,680 --> 00:46:55,440 Hilary Hoffman: We covered all of our expenses within ten days, and 925 00:46:55,640 --> 00:46:58,839 Hilary Hoffman: we were selling out of our classes in January. So 926 00:46:59,120 --> 00:47:02,840 Hilary Hoffman: January Febuery in March of this year started to really 927 00:47:03,040 --> 00:47:08,240 Hilary Hoffman: reaffirm the second path for Soda, which is an omnichannel business, 928 00:47:08,280 --> 00:47:11,280 Hilary Hoffman: being both digital and in person. So we had really 929 00:47:11,360 --> 00:47:14,359 Hilary Hoffman: proven out this in person concept in a really low 930 00:47:14,440 --> 00:47:16,680 Hilary Hoffman: risk way. And that's the way that I like to 931 00:47:16,719 --> 00:47:20,479 Hilary Hoffman: do everything with this business is whatever investment I'm making, 932 00:47:20,480 --> 00:47:22,400 Hilary Hoffman: I always ask myself, like, if I set this money 933 00:47:22,400 --> 00:47:25,640 Hilary Hoffman: on fire with the companies still live? The answer was yes. 934 00:47:26,000 --> 00:47:28,520 Hilary Hoffman: We kept extending that pop up month to month to 935 00:47:28,600 --> 00:47:32,080 Hilary Hoffman: month in tandem with it, the trainer base is growing. 936 00:47:32,120 --> 00:47:36,680 Hilary Hoffman: We went from having three trainers to six trainers. Then 937 00:47:37,160 --> 00:47:40,160 Hilary Hoffman: the pop up naturally stopped because the summer was happening. 938 00:47:40,440 --> 00:47:43,560 Hilary Hoffman: We pivoted our efforts to the Hamptons. During that time, 939 00:47:44,120 --> 00:47:48,040 Hilary Hoffman: I am getting my lois out there for real brick 940 00:47:48,080 --> 00:47:51,800 Hilary Hoffman: and mortar properties in New York. We found our dream home. 941 00:47:52,280 --> 00:47:54,799 Hilary Hoffman: We're in negotiations with the lease. As anyone will tell 942 00:47:54,800 --> 00:47:57,360 Hilary Hoffman: you with real estate. The paperwork is the hardest part. 943 00:47:57,600 --> 00:48:01,400 Hilary Hoffman: We get that paperwork. Going back from the summer, we 944 00:48:01,480 --> 00:48:03,200 Hilary Hoffman: want to do another pop up. We end up doing 945 00:48:03,239 --> 00:48:05,960 Hilary Hoffman: a pop up on the Upper east Side, without question, 946 00:48:06,400 --> 00:48:11,080 Hilary Hoffman: the most challenging pop up I'll ever do. It's a 947 00:48:11,160 --> 00:48:14,040 Hilary Hoffman: lesson to anyone be super careful about who you do 948 00:48:14,080 --> 00:48:18,680 Hilary Hoffman: business with, and if there are yellow flags to start, 949 00:48:18,920 --> 00:48:22,359 Hilary Hoffman: they will turn to red flags. And I think that 950 00:48:22,360 --> 00:48:24,719 Hilary Hoffman: there are moments in life where you're willing to sacrifice 951 00:48:25,520 --> 00:48:30,720 Hilary Hoffman: ease of business for the sake of the bigger idea, 952 00:48:30,800 --> 00:48:32,440 Hilary Hoffman: which for me was I really wanted to prove that 953 00:48:32,480 --> 00:48:35,080 Hilary Hoffman: Upper east Side could be another location for us. So 954 00:48:35,120 --> 00:48:38,640 Hilary Hoffman: I'm glad that I weathered the difficulty which was this 955 00:48:38,800 --> 00:48:42,160 Hilary Hoffman: pop up because what happened again, We've covered all of 956 00:48:42,160 --> 00:48:44,719 Hilary Hoffman: our rent in the first week, we sold out of classes. 957 00:48:44,840 --> 00:48:48,200 Hilary Hoffman: Yet again a different community Soda resonated with it. So 958 00:48:48,840 --> 00:48:51,440 Hilary Hoffman: what was great is while that pop up was happening, 959 00:48:51,480 --> 00:48:55,120 Hilary Hoffman: our Tribeca flatship was being built, so we never lost momentum. 960 00:48:55,520 --> 00:48:57,800 Hilary Hoffman: But I would say that like those puzzle pieces and 961 00:48:57,880 --> 00:49:00,520 Hilary Hoffman: fitting them together, you're never going to know how to 962 00:49:00,560 --> 00:49:02,960 Hilary Hoffman: do it. It happens in the moment and It takes 963 00:49:03,000 --> 00:49:06,239 Hilary Hoffman: a lot of persistence, and there's going to be a 964 00:49:06,239 --> 00:49:08,640 Hilary Hoffman: lot of moments where you're gonna add you're not gonna 965 00:49:08,680 --> 00:49:10,879 Hilary Hoffman: know what you're doing, but you know that you have 966 00:49:10,960 --> 00:49:13,400 Hilary Hoffman: to do it. And so for me, like learning as 967 00:49:13,480 --> 00:49:15,920 Hilary Hoffman: much as I could about signing leases, learning as much 968 00:49:15,920 --> 00:49:18,640 Hilary Hoffman: as I could about sub lease agreements, making sure that 969 00:49:18,640 --> 00:49:20,640 Hilary Hoffman: we were protected. Same thing goes if I lost all 970 00:49:20,680 --> 00:49:24,879 Hilary Hoffman: this money, does the business still live? Yes? So Upper 971 00:49:24,880 --> 00:49:28,680 Hilary Hoffman: east Side allowed our trainers to have a job to 972 00:49:28,760 --> 00:49:31,800 Hilary Hoffman: perfect and hone their craft, and it was perfectly the 973 00:49:31,840 --> 00:49:34,520 Hilary Hoffman: way it tied out. Upper east Side pop Up ends, 974 00:49:34,680 --> 00:49:38,240 Hilary Hoffman: Tribeca doors open, and now where we are here, sixty 975 00:49:38,280 --> 00:49:41,800 Hilary Hoffman: eight Thomas, our first flagship location. It's open and I 976 00:49:41,840 --> 00:49:44,680 Hilary Hoffman: couldn't have dreamed of a better opening if I tried, 977 00:49:45,280 --> 00:49:48,319 Hilary Hoffman: and I think unlike a lot of companies, they would 978 00:49:48,320 --> 00:49:51,280 Hilary Hoffman: have just raised capital and opened up their first permanent. 979 00:49:51,800 --> 00:49:53,800 Hilary Hoffman: It took me three years to get here, but I 980 00:49:53,840 --> 00:49:56,440 Hilary Hoffman: always say, our investors are our clients. We've taken no 981 00:49:56,520 --> 00:50:01,600 Hilary Hoffman: outside capital. We built a studio from app recurring revenue 982 00:50:02,000 --> 00:50:05,239 Hilary Hoffman: and the money we made from pop ups. I am 983 00:50:05,280 --> 00:50:08,600 Hilary Hoffman: so proud of that because I think what's interesting is 984 00:50:08,800 --> 00:50:10,239 Hilary Hoffman: a lot of people want to hear the story of 985 00:50:10,239 --> 00:50:12,719 Hilary Hoffman: who you raised from. And I know it's flashy, and 986 00:50:12,760 --> 00:50:14,560 Hilary Hoffman: I know it's cool, and trust me, I'm sure that 987 00:50:14,600 --> 00:50:16,360 Hilary Hoffman: when we open up three studios at once, we're going 988 00:50:16,400 --> 00:50:20,120 Hilary Hoffman: to need outside funding, but that makes sense during that stage. 989 00:50:20,239 --> 00:50:23,320 Hilary Hoffman: I'm happy to take on outside capital. But I'm really 990 00:50:23,360 --> 00:50:26,680 Hilary Hoffman: proud to say that our demand has matched, or rather 991 00:50:27,040 --> 00:50:29,440 Hilary Hoffman: we have let demand dictate our growth. 992 00:50:30,600 --> 00:50:35,359 Emily Tisch Sussman: As she's grown professionally, she's also grown personally. This year, 993 00:50:35,480 --> 00:50:39,480 Emily Tisch Sussman: she and her husband welcome twins, but her pregnancy journey, 994 00:50:39,880 --> 00:50:44,759 Emily Tisch Sussman: like so many women, was complicated. Shortly before we recorded 995 00:50:44,760 --> 00:50:49,720 Emily Tisch Sussman: this interview, she shared an extremely vulnerable Instagram post, admitting 996 00:50:49,760 --> 00:50:52,080 Emily Tisch Sussman: that it took her a while to ask for help 997 00:50:52,239 --> 00:50:53,279 Emily Tisch Sussman: and use IVF. 998 00:50:54,160 --> 00:50:56,680 Hilary Hoffman: So then I did ask for help, and so from 999 00:50:56,680 --> 00:50:59,799 Hilary Hoffman: my fertility journey, it was crazy. It tied up right 1000 00:51:00,040 --> 00:51:02,879 Hilary Hoffman: when I was making a program for spring fertility, and 1001 00:51:02,920 --> 00:51:05,400 Hilary Hoffman: that's why I used to get pregnant. And we created 1002 00:51:05,840 --> 00:51:08,960 Hilary Hoffman: a fertility program for those going through IVF or egg 1003 00:51:09,000 --> 00:51:11,440 Hilary Hoffman: retrieval where you could still so too while doing it. 1004 00:51:11,480 --> 00:51:14,040 Hilary Hoffman: This has become a really popular trend. It's a beautiful thing, 1005 00:51:14,040 --> 00:51:16,799 Hilary Hoffman: and I'm so happy that every platform is offering their 1006 00:51:16,880 --> 00:51:19,960 Hilary Hoffman: version of this to their community, because movement is so 1007 00:51:20,440 --> 00:51:23,560 Hilary Hoffman: such a large component of maintaining a positive and healthy 1008 00:51:23,600 --> 00:51:26,200 Hilary Hoffman: mindset during something that could be otherwise really detrimental to 1009 00:51:26,239 --> 00:51:30,640 Hilary Hoffman: your health mentally. And so ended up getting pregnant when 1010 00:51:30,680 --> 00:51:33,080 Hilary Hoffman: I asked for help, and it now it makes me 1011 00:51:33,120 --> 00:51:35,960 Hilary Hoffman: want to ask for help for everything. But they told 1012 00:51:36,000 --> 00:51:38,840 Hilary Hoffman: me there was a chance twins. I went, I knew that, 1013 00:51:39,120 --> 00:51:41,360 Hilary Hoffman: and so I found out that I was having twins. 1014 00:51:42,080 --> 00:51:45,799 Hilary Hoffman: I think it was beginning of May, and so I 1015 00:51:45,920 --> 00:51:48,480 Hilary Hoffman: joke that the gestational period for an in person studio 1016 00:51:48,600 --> 00:51:53,400 Hilary Hoffman: is actually that of twins. So they literally they grew 1017 00:51:53,600 --> 00:51:56,600 Hilary Hoffman: with the business and they grew with the studio, and 1018 00:51:57,280 --> 00:51:59,319 Hilary Hoffman: I wouldn't have changed it for the world. It gave 1019 00:51:59,360 --> 00:52:03,640 Hilary Hoffman: me deep whether it was a doctor's appointment that would 1020 00:52:03,640 --> 00:52:06,319 Hilary Hoffman: close out a day where all this minution would be 1021 00:52:06,320 --> 00:52:09,200 Hilary Hoffman: happening and you would be kind of thinking that the 1022 00:52:09,239 --> 00:52:12,520 Hilary Hoffman: most important thing in the world was X, Y, and Z, 1023 00:52:12,760 --> 00:52:15,920 Hilary Hoffman: and then you're thrown into a doctor's appointment where you're 1024 00:52:16,080 --> 00:52:18,879 Hilary Hoffman: getting your nipt tests and you're like, you know, what 1025 00:52:19,280 --> 00:52:22,520 Hilary Hoffman: health of my children that deserves me to be stressed 1026 00:52:22,560 --> 00:52:25,600 Hilary Hoffman: over this. It's not that it's not important, but let 1027 00:52:25,640 --> 00:52:28,520 Hilary Hoffman: me just like reset the scales for what really needs 1028 00:52:28,520 --> 00:52:31,680 Hilary Hoffman: my time and attention today, And it gave me a 1029 00:52:31,719 --> 00:52:34,200 Hilary Hoffman: reason to push because I also know that they're coming. 1030 00:52:34,640 --> 00:52:36,719 Hilary Hoffman: And I've always talked about with Soto, there's a really 1031 00:52:36,719 --> 00:52:40,279 Hilary Hoffman: big difference between feeling tired and feeling exhausted. It's up 1032 00:52:40,320 --> 00:52:42,600 Hilary Hoffman: to you to determine how you're feeling in that moment. 1033 00:52:43,120 --> 00:52:45,200 Hilary Hoffman: I think a lot of us pretend we're exhausted when 1034 00:52:45,200 --> 00:52:48,759 Hilary Hoffman: we're actually just tired. And the unfortunate news is you 1035 00:52:48,880 --> 00:52:52,120 Hilary Hoffman: have to work out. You have to work when you're tired, 1036 00:52:52,520 --> 00:52:56,000 Hilary Hoffman: otherwise nothing would get done. And so with my own pregnancy, 1037 00:52:56,280 --> 00:52:58,399 Hilary Hoffman: I gave myself a lot of grace on the days 1038 00:52:58,400 --> 00:53:01,680 Hilary Hoffman: where I was exhausted, and I really held myself accountable 1039 00:53:01,719 --> 00:53:04,600 Hilary Hoffman: all the days where I was just tired. And I 1040 00:53:04,640 --> 00:53:08,160 Hilary Hoffman: think flexing that muscle not only for myself but for 1041 00:53:08,200 --> 00:53:10,239 Hilary Hoffman: the person that I want to be for them was 1042 00:53:10,880 --> 00:53:14,680 Hilary Hoffman: a powerful motivator. And I also was able to put 1043 00:53:14,719 --> 00:53:17,160 Hilary Hoffman: really firm deadlines in with everyone. I wanted to be 1044 00:53:17,200 --> 00:53:19,640 Hilary Hoffman: there for the studio opening. So when we were deciding 1045 00:53:19,640 --> 00:53:21,759 Hilary Hoffman: when the doors were going to open, I told the team, like, 1046 00:53:21,760 --> 00:53:24,520 Hilary Hoffman: we're opening on this day. And one of the things 1047 00:53:24,520 --> 00:53:27,200 Hilary Hoffman: that I love. That's coming into common rhetoric. Is this 1048 00:53:27,320 --> 00:53:31,440 Hilary Hoffman: concept call like the non negotiable mentality. It's happening, So 1049 00:53:31,480 --> 00:53:34,279 Hilary Hoffman: how do we make sure it happens. It could be 1050 00:53:34,320 --> 00:53:36,960 Hilary Hoffman: something that we've talked about alrighty, or maybe something different. 1051 00:53:37,239 --> 00:53:39,719 Hilary Hoffman: But what is something that at the time you saw 1052 00:53:39,800 --> 00:53:42,359 Hilary Hoffman: as a real low point for you and now in 1053 00:53:42,400 --> 00:53:45,120 Hilary Hoffman: retrospect you see it as having really positioned you into 1054 00:53:45,160 --> 00:53:48,480 Hilary Hoffman: where you are now. That's such a great question. I 1055 00:53:48,480 --> 00:53:53,000 Hilary Hoffman: would say two of the lowest. Two of the lowest 1056 00:53:53,040 --> 00:53:56,560 Hilary Hoffman: points for me would have been early on in my 1057 00:53:56,640 --> 00:54:01,080 Hilary Hoffman: career when I failed truly all of my exams for Goldman. 1058 00:54:01,640 --> 00:54:04,120 Hilary Hoffman: Sanurdized testing has never been my bread and butter, it 1059 00:54:04,120 --> 00:54:09,040 Hilary Hoffman: never will be. But failing those so publicly because Goldman 1060 00:54:09,160 --> 00:54:11,840 Hilary Hoffman: requires you to take the exams during the workday, and 1061 00:54:11,880 --> 00:54:13,640 Hilary Hoffman: so you have to come back to the office after 1062 00:54:13,719 --> 00:54:16,080 Hilary Hoffman: it and tell people if you passed or if you failed, 1063 00:54:16,520 --> 00:54:19,120 Hilary Hoffman: and you're telling like three hundred people because people's hands 1064 00:54:19,120 --> 00:54:21,120 Hilary Hoffman: are up looking for a high five, and you have 1065 00:54:21,160 --> 00:54:24,000 Hilary Hoffman: to shake your head and say no, I just I 1066 00:54:24,040 --> 00:54:26,120 Hilary Hoffman: think that for me in that moment, it just taught 1067 00:54:26,160 --> 00:54:29,359 Hilary Hoffman: me that failure is not final, but it also what 1068 00:54:29,400 --> 00:54:31,759 Hilary Hoffman: you do with it is very impactful. So are you 1069 00:54:31,760 --> 00:54:33,200 Hilary Hoffman: going to let it break you or are you going 1070 00:54:33,239 --> 00:54:35,360 Hilary Hoffman: to work a little bit harder? And it could have 1071 00:54:35,360 --> 00:54:37,320 Hilary Hoffman: broken me because it was so public and it was 1072 00:54:37,560 --> 00:54:40,120 Hilary Hoffman: it was really it was a moment that I hope 1073 00:54:40,160 --> 00:54:43,160 Hilary Hoffman: no one else ever has to go through. But I 1074 00:54:43,200 --> 00:54:46,640 Hilary Hoffman: looked within and I just worked harder. And I always 1075 00:54:46,680 --> 00:54:50,040 Hilary Hoffman: think about that any single time something feels like a failure, 1076 00:54:50,400 --> 00:54:53,319 Hilary Hoffman: I just I redirect it into Okay, how can I 1077 00:54:53,360 --> 00:54:56,560 Hilary Hoffman: work The difference now is like not necessarily harder, but smarter. 1078 00:54:57,400 --> 00:54:59,960 Hilary Hoffman: And so that felt like a massive failure in that moment. 1079 00:55:00,600 --> 00:55:03,719 Hilary Hoffman: And then I would say in recent memory, from like 1080 00:55:03,760 --> 00:55:08,440 Hilary Hoffman: the last year, there are certain choices that I've made 1081 00:55:09,160 --> 00:55:14,200 Hilary Hoffman: out of this commitment to maintaining momentum with the company, 1082 00:55:14,760 --> 00:55:18,880 Hilary Hoffman: and I think at times wanting to maintain that momentum 1083 00:55:19,360 --> 00:55:23,520 Hilary Hoffman: has put me in precarious business positions where I'm not 1084 00:55:23,680 --> 00:55:28,440 Hilary Hoffman: dealing necessarily with the best partners, and I have to 1085 00:55:29,080 --> 00:55:33,400 Hilary Hoffman: work harder to make sure that everything goes smoothly, and 1086 00:55:33,440 --> 00:55:36,080 Hilary Hoffman: that means taking on roles that I don't have any 1087 00:55:36,160 --> 00:55:40,319 Hilary Hoffman: expertise in. And at the time I would sit there 1088 00:55:40,360 --> 00:55:42,480 Hilary Hoffman: and regret the choice that I made, like why did 1089 00:55:42,560 --> 00:55:45,239 Hilary Hoffman: I agree to do this? This has just created more 1090 00:55:45,280 --> 00:55:48,640 Hilary Hoffman: work for myself, my stress levels crazier, and of course 1091 00:55:48,680 --> 00:55:50,759 Hilary Hoffman: being pregnant. Everyone tells you that stress is the worst 1092 00:55:50,760 --> 00:55:52,759 Hilary Hoffman: thing that you can be and so here I am 1093 00:55:52,840 --> 00:55:55,040 Hilary Hoffman: being like, fuck, now, I'm like hurting my kids because 1094 00:55:55,400 --> 00:55:57,240 Hilary Hoffman: I made a choice that is making me more stress 1095 00:55:57,280 --> 00:55:59,359 Hilary Hoffman: and now it's not just affecting me, it's affecting them, 1096 00:55:59,719 --> 00:56:02,400 Hilary Hoffman: and that I could have really wallowed in that, but instead, 1097 00:56:03,280 --> 00:56:04,960 Hilary Hoffman: once you make a choice, you got to live with it. 1098 00:56:05,640 --> 00:56:08,080 Hilary Hoffman: And first and foremost, it's like getting to the other 1099 00:56:08,200 --> 00:56:10,000 Hilary Hoffman: end of it. So what is it going to take 1100 00:56:10,040 --> 00:56:11,520 Hilary Hoffman: to get to the other side of that choice that 1101 00:56:11,560 --> 00:56:13,560 Hilary Hoffman: you've already made? But then what are you going to 1102 00:56:13,640 --> 00:56:15,840 Hilary Hoffman: learn from it? And so for me getting to the 1103 00:56:15,840 --> 00:56:18,160 Hilary Hoffman: other end, it showed me that you will make it 1104 00:56:18,160 --> 00:56:20,360 Hilary Hoffman: to the other end. It's there. It's going to happen, 1105 00:56:20,960 --> 00:56:22,960 Hilary Hoffman: but you really have to have a moment of introspection 1106 00:56:23,040 --> 00:56:26,759 Hilary Hoffman: after it and make really firm rules for yourself and 1107 00:56:26,800 --> 00:56:30,320 Hilary Hoffman: set really firm boundaries where if I see this habit 1108 00:56:30,440 --> 00:56:33,279 Hilary Hoffman: or this personality trait or this happen, I have to 1109 00:56:33,360 --> 00:56:37,040 Hilary Hoffman: know it's a no and be really good at saying no. 1110 00:56:37,680 --> 00:56:39,719 Emily Tisch Sussman: Right it gives you a whole different sense of how 1111 00:56:39,719 --> 00:56:40,880 Emily Tisch Sussman: to protect your time completely. 1112 00:56:41,600 --> 00:56:42,920 Emily Tisch Sussman: Do you think you'll pivot again. 1113 00:56:43,320 --> 00:56:47,400 Hilary Hoffman: Yes, I do. I actually think that for me, the 1114 00:56:47,400 --> 00:56:51,080 Hilary Hoffman: way that I think about Soto is I know what 1115 00:56:51,160 --> 00:56:53,840 Hilary Hoffman: I want to build, and it's actually it's not about 1116 00:56:53,840 --> 00:56:57,560 Hilary Hoffman: me being at the epicenter and being the star of 1117 00:56:57,600 --> 00:57:02,000 Hilary Hoffman: this company. I find the most fulfillment supporting others be 1118 00:57:02,120 --> 00:57:05,040 Hilary Hoffman: the star. And so I'm so lucky and fortunate that 1119 00:57:05,120 --> 00:57:08,040 Hilary Hoffman: now we have nine trainers that work for us at Sodo, 1120 00:57:08,120 --> 00:57:11,200 Hilary Hoffman: and that number will hopefully keep growing. And I always 1121 00:57:11,239 --> 00:57:12,960 Hilary Hoffman: joke that the best compliment you can ever give me 1122 00:57:13,080 --> 00:57:16,040 Hilary Hoffman: is that I'm not your favorite trainer, that so and 1123 00:57:16,080 --> 00:57:18,439 Hilary Hoffman: so is you tell me that I've done my job. 1124 00:57:18,560 --> 00:57:21,280 Hilary Hoffman: And so I think I want to take Sodo as 1125 00:57:21,280 --> 00:57:24,000 Hilary Hoffman: far as I can, and I think I want to 1126 00:57:24,120 --> 00:57:26,280 Hilary Hoffman: learn as much as I can from it. But I 1127 00:57:26,320 --> 00:57:28,560 Hilary Hoffman: would say the other pivot that I see at some 1128 00:57:28,600 --> 00:57:31,200 Hilary Hoffman: point in my life is I said I love writing, 1129 00:57:31,800 --> 00:57:34,680 Hilary Hoffman: but I think that writing is something that becomes a 1130 00:57:34,680 --> 00:57:37,960 Hilary Hoffman: little bit more powerful when you have experience to speak from. 1131 00:57:38,280 --> 00:57:41,600 Hilary Hoffman: So one day would love to go back to kind 1132 00:57:41,640 --> 00:57:43,919 Hilary Hoffman: of like the ultimate dream, which was to write more. 1133 00:57:44,480 --> 00:57:47,240 Hilary Hoffman: And I'm grateful for so too, because it's giving me 1134 00:57:47,280 --> 00:57:49,960 Hilary Hoffman: a lot of material to pull from when that happens. 1135 00:57:49,960 --> 00:57:52,160 Hilary Hoffman: But I think we should always keep pivoting. And that's 1136 00:57:52,160 --> 00:57:54,760 Hilary Hoffman: why I love your podcast so much, because I think 1137 00:57:54,760 --> 00:57:59,000 Hilary Hoffman: that if you start to believe that your options are limited, 1138 00:57:59,560 --> 00:58:04,720 Hilary Hoffman: you're not going to feel inspired to listen to new 1139 00:58:04,720 --> 00:58:07,600 Hilary Hoffman: interests as you get older. Because I'm a much different 1140 00:58:07,600 --> 00:58:10,240 Hilary Hoffman: person at thirty three going on thirty four than I 1141 00:58:10,320 --> 00:58:13,520 Hilary Hoffman: wasn't twenty three at twenty four, and as a predictable 1142 00:58:13,600 --> 00:58:16,480 Hilary Hoffman: human being that wants to plan for everything, you can't 1143 00:58:16,520 --> 00:58:18,400 Hilary Hoffman: plan for what you're going to like in ten years. 1144 00:58:18,560 --> 00:58:21,240 Hilary Hoffman: So giving yourself space to be willing to kind of 1145 00:58:21,440 --> 00:58:23,840 Hilary Hoffman: go where the tide moves at that point in time, 1146 00:58:24,440 --> 00:58:27,400 Hilary Hoffman: it keeps you also wanting to learn and be curious, 1147 00:58:27,480 --> 00:58:31,200 Hilary Hoffman: because how painful would curiosity be if there was a 1148 00:58:31,360 --> 00:58:34,440 Hilary Hoffman: blockade at the end of it. Instead, if you constantly 1149 00:58:34,480 --> 00:58:37,160 Hilary Hoffman: think there's another opportunity, you're going to follow that curiosity 1150 00:58:37,200 --> 00:58:37,840 Hilary Hoffman: all the way through. 1151 00:58:38,240 --> 00:58:40,560 Emily Tisch Sussman: Oh I love that so much. Thank you so much, 1152 00:58:40,600 --> 00:58:43,600 Emily Tisch Sussman: of course, thank you, Hillary. Pleasure is great. 1153 00:58:46,480 --> 00:58:50,000 Emily Tisch Sussman: Hillary is continuing to grow Sodo method and its plans 1154 00:58:50,000 --> 00:58:53,080 Emily Tisch Sussman: to open more brick and mortars. Be sure to check 1155 00:58:53,080 --> 00:58:55,240 Emily Tisch Sussman: out one of her classes either in New York City 1156 00:58:55,360 --> 00:58:58,400 Emily Tisch Sussman: or online at Soda method dot com. You can also 1157 00:58:58,480 --> 00:59:02,280 Emily Tisch Sussman: follow her on Instagram at hoff Hill or at Sodo Method. 1158 00:59:02,760 --> 00:59:07,320 Emily Tisch Sussman: Talk to you next week. Thanks for listening to this 1159 00:59:07,440 --> 00:59:10,680 Emily Tisch Sussman: episode of she Pivots. I hope you enjoyed it, and 1160 00:59:10,720 --> 00:59:13,120 Emily Tisch Sussman: if you did, leave us a rating and tell your 1161 00:59:13,120 --> 00:59:16,880 Emily Tisch Sussman: friends about us. To learn more about our guests, follow 1162 00:59:16,960 --> 00:59:20,600 Emily Tisch Sussman: us on Instagram at she pivots the Podcast, or sign 1163 00:59:20,720 --> 00:59:23,520 Emily Tisch Sussman: up for our newsletter, where you can get exclusive behind 1164 00:59:23,520 --> 00:59:27,280 Emily Tisch Sussman: the scenes content on our website at she pivots Thepodcast 1165 00:59:27,360 --> 00:59:34,480 Emily Tisch Sussman: dot com. Special thanks to the she pivots team, Executive 1166 00:59:34,520 --> 00:59:39,200 Emily Tisch Sussman: producer Emily eda Velosik, Associate producer and social media connoisseur 1167 00:59:39,280 --> 00:59:44,480 Emily Tisch Sussman: Hannah Cousins, Research director Christine Dickinson, Events and logistics coordinator 1168 00:59:44,520 --> 00:59:48,120 Emily Tisch Sussman: Madeline Snovak, and audio editor and mixer Nina Pollock. 1169 00:59:49,240 --> 00:59:51,360 Hilary Hoffman: I endorse she Pivots