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Sheryl Sandberg was exhorting everyone to step up their game, which I was trying to do, but felt I was falling short. And one study after another found that women lack confidence , struggle to break into management , and are increasingly dropping out of the workforce as they hit the apex of their careers.

It was shortly after Bill Clinton had been elected, and my friends and I were claiming cabinet positions for ourselves in a hypothetical administration of the future.

Someone else wanted to be the White House Communications Director. We also had no idea that two decades later we would watch a woman who believed the same thing fail in her own attempt to reach the Oval.

I knew that none of them were in the cabinet, but what had become of them? Or was it just me? I had known, as a college student, that being a working mother was going to be challenging.

It was hard to miss. Step one: Marry a husband who will participate in the housework and child-rearing.

And yet, I was still stuck. Thinking back on that college conversation, I emailed one of the women who had been there: Elizabeth Wallace. As a print-magazine editor, her industry had collapsed, her fast-track career had been derailed, and she was spending more time at home with her kids—which she loved.

But was she supposed to love it? And what about her work? Without a big career was she worth less? And financially how were she and her partner going to survive without two incomes?

Out of that conversation grew this project, which we call The Ambition Interviews. We wanted to find those women from college and find out what had happened in the years since.

Who were they now? We began by interviewing the women from that initial conversation about the hypothetical cabinet of the future, and quickly realized that we wanted to hear more stories.

We anticipate some eye-rolling from many readers at the mention of a sorority, but let me explain: Sororities at Northwestern at the time and possibly still today bore little resemblance to their more notorious counterparts at other schools.

That is, there was no hazing and a lot of studying. We were women who had achieved academic success in high school, and who were for the most part surprised to find themselves wearing Greek letters.

For most of us the sorority was a way to find a home in a large school, a way to make friends and feel a sense of belonging.

The group was also economically diverse. Some women came from well-off families, and many were also from working-class backgrounds. One woman was the first in her family to go to college.

Two were first-generation Americans. What the sorority was not was racially diverse. They were arguably some of the best and the brightest—so what had become of them?

And what could their stories tell us about the experiences of this generation of women? We decided to find out.

A year later, Elizabeth and I have interviewed 37 of the 40 sorority sisters who graduated with us in , two over email, and the rest over Skype.

We were unable to locate one, and two were too busy to sit for an interview. We asked them about their trajectories since college, their successes and their challenges, and what they thought their college-age selves would think about the way things had turned out.

And while some findings were expected, others surprised us. The group continued to be ambitious post-graduation, with three-quarters earning graduate degrees M.

The majority of them work either full or part time; about a fifth are stay-at-home mothers. Almost half of the working women with a spouse are either the equal or bigger wage earner.

Six 20 percent are the sole or primary wage earner, with spouses who are the primary caregiver. Our most striking finding: Every woman in the group followed a near-identical trajectory up until the point she had her first child.

After graduation in , all the women went on to either land a first job or pursue a graduate degree.

Due to the dismal economic climate, a few people moved back home and worked in unpaid internships until they found a job.

Because Jelmar is her family's business, she faced presumptions that she was living off her father's and grandfather's reputations.

Those negative comments that have built up in your head are stopping you from reaching your full potential, said Gutterman. To combat them, she has joined a variety of women entrepreneur groups.

The communal, consensus-building qualities encouraged in young girls can leave women unintentionally downplaying their own worth.

As I grow the business, I am making an effort to own what I've accomplished. Similarly, Shilonda Downing, founder of Virtual Work Team , advises women to recognize the value of their creative ideas.

I was never unprepared for the questions I knew would come. Finding the right support network isn't always easy.

Once you find your network of supporters, don't be afraid to ask for what you really need from them. People are more likely to jump in if you are specific about what you need them to do.

If you don't ask, you won't get. Parent entrepreneurs have dual responsibilities to their businesses and to their families; finding ways to devote time to both is key to achieving that elusive work-life balance, said Genga.

For Michelle Garrett of Garrett Public Relations , finding this balance meant leaving a corporate job and starting her own consulting business before her first child was born.

But working for yourself will probably always allow more freedom than working for someone else. Failure is a very real possibility in any business venture, but Kristi Piehl, founder and CEO of Media Minefield , advises women not to let their insecurities keep them from dreaming big.

She encourages women to work through the moments of self-doubt that every business owner faces and not wait for perfection before starting their business or taking a big promotion.

Failure should not be viewed as a negative or an excuse for relinquishing your goals, according to Swartz. The road to success is paved with losses, mishaps and mistakes, but it can still take you where you want to go as long as you don't lose sight of your ultimate destination.

But whatever you do, do not give up. Based on their accomplishments and net worth, the following ladies made our cut for some of the most successful women entrepreneurs to date.

Love them or hate them, they sure made names for themselves in strong careers. No last name is needed for Oprah, known as "the first lady of talk shows.

She came from a poor family and experienced sexual abuse at the age of 9, but she says she hit a turning point in her teenage years when her father saved her life.

Oprah Winfrey's first streak of success came when she won the titles of Miss Black Nashville and Miss Tennessee in her freshman year of college.

After graduating, she moved into the TV industry and was soon getting better ratings than daytime talk show pioneer Phil Donahue. Today, Oprah is best known for hosting The Oprah Winfrey Show , being a billionaire philanthropist, and having her own TV network and magazine.

In her instant New York Times bestseller Lessons , Gisele Bundchen talked about her time growing up in Brazil with her sisters and how she was teased for being tall and skinny.

Those features helped launch her modeling career, and since , she has been one of the highest-paid models in the world.

Aside from the well-known work she has done in the modeling industry, Bundchen is the founder of Sejaa Pure Skincare. The line includes a face cream, night cream and mud mask.

She plays to her personal brand with an entrepreneurial mindset , earning a cut of sales from jelly sandals she designed and her own line of lingerie, according to StyleCaster.

This American technology executive was born in Washington, D. Her success came at a young age when she was part of the National Honor Society and graduated high school in the ninth position of her senior class with a 4.

Her accomplishments in high school did not go unnoticed when she was admitted to Harvard University. After holding several prestigious positions with other companies, Sandberg served as Google's vice president of global online sales and operations until she was recruited to be Facebook's first COO.

In , Gaga released her debut album, The Fame , and started making a name for herself. Lady Gaga never was just your average pop star — she goes all out in everything she does, from her risky outfits to her fun dance moves and jaw-dropping theatrical performances.

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