Recording live from the WPO Entrepreneurial Excellence Forum, Money Movers hear from Phyllis Newhouse, cybersecurity expert, serial entrepreneur, and Founder and CEO of ShoulderUp. Founded alongside Viola Davis, ShoulderUp transcends barriers of geography, race, and industry to unite women in a common mission: to realize their fullest economic, cultural, and political potential. Talking points include collaborations with powerful women like Serena Williams and Viola Davis, how to prioritize personal wealth during professional success, and big dreams as the only woman in the room.

Key Insights & Timestamps:

[00:00]: Podcast begins
[03:52]: Boss Lady Takeoff - Phyllis’ journey to career leadership
[05:16]: Personal vs Professional Finances: Seeking balance, growth & sustainability
[08:29]: From NFL to NASCAR: Bravery as the only woman in the room
[10:32]: ROC, or Resources, Opportunities & Connections
[12:12]: Origin of ShoulderUp: Empowering female entrepreneurs
[17:58]: Dreaming Bigger? Phyllis looks forward with fearlessness

Guest Spotlight:

Phyllis Newhouse, Founder & CEO of ShoulderUp, President & CEO of Xtreme Solutions

Phyllis Newhouse is a serial entrepreneur and investor, retired military senior officer and mentor. She is CEO and Co-Founder of Athena Technology Acquisition Corp., Founder and CEO of Xtreme Solutions, Inc. (XSI), and Founder of ShoulderUp. As a pioneer in cybersecurity and business, she is the first woman to win an Ernst & Young (EY) Entrepreneur Of The Year® award in the technology category. She was admitted into the 2013 class of EY Entrepreneurial Winning Women, and in 2019 was inducted into the Enterprising Women Hall of fame. She has been featured in Entrepreneur, Inc., CNBC, Forbes, Yahoo Finance, Cheddar News, Bloomberg and more. She received her degree from John F. Kennedy University and currently resides in Atlanta, Georgia.

Key Takeaways:

When it comes to personal finances, Phyllis’ lesson for leaders is that scaling your personal wealth is just as critically important as scaling your company. Year over year, just like a company has a budget, investments, and growth metrics, your personal accounts should too. “If you run your personal wealth like you run a business, you will see extraordinary growth.”
Alongside Academy Award winner Viola Davis, Phyllis has founded ShoulderUp. About the nonprofit, Phyllis says, “ShoulderUp is not a platform, it’s a movement.” The organization focuses on what Phyllis refers to as ROC, resources, opportunities and connections for women entrepreneurs and business leaders.
Even in the face of fast-moving technology and new business models, Phyllis encourages women to be fearless with their businesses and to surround themselves with diverse perspectives. “I don’t allow myself to get stuck,” Phyllis explains, “young people bring a perspective to this world that is important and relevant to the future.”

Resources Mentioned:

ShoulderUp | shoulderup.com, Xtreme Solutions | xtremesolutions-inc.com, WPO Entrepreneurial Excellence Forum

Connect with Phyllis:

For More Information:

Produced by Speakerbox Media. Visit youtube.com/@StaciLaToison for more episodes, detailed show notes, and access to additional resources.

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