Meagan Hooper: Founder & CEO of bSmartGuide.com
New York City
WFU Class of 2004
Meagan Hooper graduated from Wake Forest with a Theater major and enormous amounts of ambition. She soon found herself balancing auditions with part-time work at a hedge fund in New York. Meagan speaks to us now as founder and CEO of bSmartGuide.com, an online platform for women to network and mentor one another. Learn how Meagan’s path since Wake led her to founding this incredible online community.
DeacLink: Can you walk me through your path from graduation day to your current job?
Meagan Hooper: When I graduated in 2004, my husband and I moved to Italy for the summer for him to teach English and music. In the Fall we moved to New York - a condition of his proposing. ;) I was an aspiring actress with a film and TV agent and manager. I had worked for a regional theater company, the Williamstown Theater Festival, that won a Tony Award and had a film reel from student projects at UNC School of the Arts. I began auditioning for anything and everything from soap operas, Netflix series, network pilots, and feature films. I auditioned for How I Met Your Mother, 30 Rock, Gossip Girl, Law and Order, and High School Musical to name a few.
During this time, I had a freelance job working in finance. Through a fellow WFU Theater Major, Melissa Jones, I met a family who needed a part-time babysitter. The gentleman I babysat for ran an emerging markets equities research firm. I asked him if I could be of any help to him and his business as I was looking for extra work. Being a Wake Forest University Theater Major, I felt confident I could help edit the stock reports and create a monthly newsletter featuring emerging market sectors and stocks. I was really grateful for my liberal arts education because I could apply my versatile education to a field like finance. I worked for his firm on a freelance basis while I auditioned. I gained a tremendous education in finance that year learning on the job. I learned how to value a company, how the stock market works, how to read financial statements, and much more - I found it fascinating! Then, in 2006, I was babysitting again. This time for another Wake Forest graduate and Theater Major, Cambra Overend (key tip here - your college friends are your professional network!).
Through this babysitting job, I became acquainted with a WFU Babcock Business School graduate, who managed a hedge fund. I told him I was an actress who worked for an emerging market equities research firm. He shared that his COO could use an assistant and asked if I would be interested in the role. I accepted on the condition that I could go on auditions as they arose and he agreed. This job exposed me to investment management, which proved even more interesting, dramatic, and fabulous than any of the movies I was auditioning for (including Wall Street 2!).
I continued auditioning, but I realized more and more my heart was back at the office. I would put a stock trade in the market, run to an audition, watch the markets while auditioning for MTV or Nickelodeon, then run back to the office. I found myself really loving the office environment and the people. I was scared that if I booked a part - no matter how big, I would lose this place and the feeling it gave me. I was presented with touring theater opportunities but turned them down to stay, but stayed open to film and short-term national commercial bookings.
In 2008, my mentor and COO of the hedge fund decided to retire. I put myself forward to fill the position, and after much consideration and candidate interviews, was chosen for the role. Fortunately, I was still allowed to leave for auditions even with this increased responsibility. The hedge fund was completely supportive of my performing arts dream, which made endeared them even more to me.
During this time I was experiencing a tremendous amount of success, professionally and personally. An increasing number of people were asking me to get coffee to pick my brain about how to get a raise, a promotion, or what I had learned about personal finance. It became clear to me how mentorship and advice was in scarce supply for women in this industry. I was also noticing firsthand how few women there were in senior positions, not just in finance, but in all industries.
I decided to do something about it. I created a post-college guide - a curriculum for women on how to be successful after college. I drafted a nonfiction book proposal, conducted interviews, pitched the sample publishing houses, and got rejected. I then thought ‘Nobody can stop me online’... so I set up a website. My goal was to create a community where people could share content about how to be smart and mentor each other online.
I launched the site in 2010, providing a place for women to share their advice, watch video interviews featuring smart, successful women, participate in masterclasses, and more. The key at the heart of all this was networking online. Women needed easier access to help one another, in order to share information and increase the number of female leaders and decision makers. Men conduct business with their friends. So if women are going to get ahead professionally, we need to do business with each other.
DL: You launched your site eight years ago. It’s almost as if bSmartGuide.com was ahead of its time.
MH: It definitely was. People didn’t understand the concept of a community blog with a variety of writers, let alone know that bSmartGuide.com was a blog itself. At the time Huffington Post was the only recognizable ‘blog of blogs’ and Facebook was the only online platform people felt comfortable creating a personal profile attached to their name.
DL: Networking seems to be the fulcrum of your platform, and your journey in total. How important is networking to you?
MH: Democratized networking with easy access will be the key to increasing the number of women leaders and decision makers globally. Unfortunately, women are socialized to view networking as ‘asking for something’ or ‘being a bother to someone.’ Instead, the successful men I worked for viewed networking as looking at your circle or the people around you and asking yourself, ‘How can I be helpful to them, and how can they be helpful to me?’ That is the foundation of utilizing your network. If your circle is only comprised of people who don’t want to be helpful to you,, then you should build a new community around yourself and your goals. A woman I recently interviewed shared that you can host a meetup group, create a student group, or move to a different city, to give a few examples for creating your network. It’s very important to be proactive about your network. You can have a LinkedIn connection or a bSmart connection, but it’s only useful if those connections are utilized to help each other.
DL: What is your favorite part about being the Founder of bSmartGuide.com?
MH: I love seeing people recognize their potential, then take action towards that potential. It’s amazing to see that light go on in someone’s mind, realizing their capacity is far bigger than they thought it was. That’s the whole mission of bSmart, for us to help users realize and take steps towards their full potential in our online community and through our content.
DL: Have you got a kernel or two of advice for theatre majors?
MH: I cite my Wake Forest Theatre Major as one of the most influential factors of my success. I was able to capitalize on opportunities by applying the myriad skills I obtained in Theater. I learned how speak with a mantra while performing, how to understand and enact the concept of status, to identify my objective and try different tactics to achieve it, leverage a high emotional intelligence, and developed the ability to make choices with my body and my voice based on the professional role I enacted. All of these things were the cornerstone to crafting the person I wanted to be as a professional.
When I entered the world of New York finance there were very few women leaders, so I borrowed the mindset, characteristics, and behaviors of the men that were successful. Through my ability to play with status in real life situation, identifying my objective whilst trying different tactics within the office environment, I was able to navigate the waters quickly and create the reputation I wanted. I essentially cast myself in the role. Now corporations bring me in to train their associates and managers on the same strategy. I call it “Acting for Success.”
As a theatre major, you have every opportunity and option available to create the life you want. You will always have to learn on the job - even if it’s accounting or finance like me - so don’t limit your vision!
At the conclusion of our interview, Meagan imparted a special message to all female students and alumnae, inviting YOU to join the bSmart movement:
bSmart women utilize our platform for mentorship and networking and have told me they view it as ‘LinkedIn for women.’ We’re flattered by that comparison and to make mentorship and networking even more accessible, we’ve just launched our app for Apple and Android. We’d love for the women of Wake Forest to join us as members or apply to be Campus Ambassadors. If you do join, be sure to say hello and connect with me on bSmart here and join my mentorship group here.