Episode Summary: "I Left My Goldman Sachs Role to Write Romance Novels: Here’s Exactly How I Did It" (Episode 473)

Host: Natalie Ellis
Guest: Lindsay McMillan, Former VP at Goldman Sachs and Published Author
Release Date: July 24, 2025
Podcast: The BossBabe Podcast

Life Update and Episode Introduction

Natalie Ellis opens the episode with a personal update, sharing that her UK trip was cut short due to the challenges of traveling internationally while being in her third trimester of pregnancy, coupled with managing a toddler in scorching heat without air conditioning. She expresses relief and anticipation for a more manageable final trip before her baby arrives, hinting at a potential California getaway. Transitioning into the episode's theme, Natalie introduces Lindsay McMillan, highlighting her remarkable journey from a high-powered VP at Goldman Sachs to a successful romance novelist.

Guest Introduction: Lindsay McMillan

Lindsay McMillan joins the conversation, bringing a unique perspective as someone who transitioned from the structured world of Wall Street to the creative realm of writing. With six years in finance and a rapid ascent to VP by age 28, Lindsay's decision to pivot was driven by passion rather than burnout, setting the stage for a deep dive into career transformation.

The Motivation Behind Leaving a Prestigious Job

Danielle Peazer introduces a compelling statistic: “47% of Americans who quit their jobs during the 'Great Resignation' did so to pursue a passion rather than due to workplace toxicity or burnout” [02:49]. Lindsay echoes this sentiment, explaining her departure from Goldman Sachs wasn't an escape but a pursuit of a lifelong dream. “I was running towards a dream,” Lindsay states [02:49], emphasizing that her move was fueled by a desire to follow what truly ignited her passion, rather than fleeing a negative work environment.

Balancing Corporate Role and Creative Pursuits

Lindsay delves into her time at Goldman Sachs, describing how she maintained a balance between her demanding corporate role and her aspiration to become a published author. She shares her strategy of carving out early morning hours for writing, which not only provided personal fulfillment but also enhanced her productivity at work. “I would write for a few hours and then I would come in. Paradoxically, I feel like I did so much better at work on those days because I was doing something for myself” [08:01]. This disciplined approach allowed her to thrive professionally while nurturing her creative side.

Financial Strategies During Career Transition

A significant concern for many contemplating a similar leap is financial stability. Lindsay addresses this by outlining her “portfolio career” approach [12:32]. She diversified her income streams through book royalties, coaching services, speaking engagements, and consulting projects. “I had been saving a ton of my salary and living below my means... this gave me a year that I didn't actually have to have that pressure so much of immediately making money” [12:32]. Additionally, securing her second book deal before quitting provided a safety net, transforming her dream into a viable career path.

Navigating Life as a Portfolio Career

Lindsay discusses the flexibility and challenges of managing multiple roles. Her income isn't solely reliant on book sales; instead, she leverages various platforms to sustain her entrepreneurial ventures. “Books are one pillar of the Lindsay brand, and I also do consulting projects...” [12:32]. This diversification not only mitigates financial risks but also allows her to explore different facets of her professional interests, fostering a sustainable and fulfilling career.

Challenges and Regrets

When asked about any regrets, Lindsay is candid in her response. “I've never regretted it for a second,” she affirms [18:26]. While she occasionally misses the camaraderie and structure of corporate life, she remains steadfast in her decision. However, she reflects on the potential benefits of long-term consulting roles, highlighting the value of sustained collaboration and community.

Building a Sustainable Entrepreneurial Path

Lindsay emphasizes the importance of aligning one’s business model with personal values. She contrasts the high-pressure, scaling-focused mindset often prevalent in entrepreneurship with her philosophy of “life first versus business first” [22:27]. By setting boundaries and being intentional about project selection, she ensures her ventures remain aligned with her vision and personal well-being. “I'm more creative when I'm able to be in teams and solving business problems” [12:32], Lindsay notes, underscoring the synergy between her corporate experiences and entrepreneurial pursuits.

Advice for Others Considering a Similar Pivot

Lindsay offers practical advice for listeners contemplating a career shift. She encourages starting with “micro steps” [27:33], such as gradually pursuing passions alongside current roles to test viability before making a full leap. “Make a list of people who are living a life and a career that you would love to be in... start there” [25:43]. This approach minimizes risks and allows for a smoother transition, ensuring that the shift aligns with long-term personal and professional goals.

Future Plans and Upcoming Book

Looking ahead, Lindsay shares her excitement for her upcoming projects, including her third novel, “Summer on Lilac Island” [31:18]. Set in Michigan’s picturesque Mackinac Island, the book explores multi-generational family dynamics and personal growth. She also plans to expand her coaching and speaking engagements, aiming to build a robust online community that reflects her authentic self.

Notable Quotes

• Lindsay McMillan [02:49]: “I was running towards a dream.”
• Lindsay McMillan [08:01]: “I would write for a few hours and then I would come in. Paradoxically, I feel like I did so much better at work on those days because I was doing something for myself.”
• Lindsay McMillan [12:32]: “Books are one pillar of the Lindsay brand, and I also do consulting projects...”
• Lindsay McMillan [18:26]: “I've never regretted it for a second.”
• Lindsay McMillan [25:43]: "Make a list of people who are living a life and a career that you would love to be in... start there."

Conclusion

This episode of the BossBabe Podcast offers an inspiring narrative of courage and passion. Lindsay McMillan’s journey from a high-stakes corporate role to a fulfilling creative career underscores the importance of following one’s true calling. Her practical strategies for financial stability, work-life balance, and sustainable entrepreneurship provide valuable insights for ambitious women seeking to build a Freedom-Based Business™. Whether you're contemplating a career pivot or striving to integrate passion into your professional life, Lindsay’s story serves as a motivating blueprint for achieving both success and personal fulfillment.