How to Get Back Up When Life Knocks You Down with Cate Luzio, Founder of Luminary

Cate Luzio is the founder and CEO of Luminary, a membership-based
career and personal growth platform and collaboration hub.


Walking away from your career when you're at the top of your game
might sound like a huge gamble, but one that has certainly paid
off for today’s guest. In 2018, Cate left an incredibly
successful banking career to found Luminary to help women see a
path toward advancement by arming them with the tools, resources,
and community to propel them to the top.


Although Cate was highly respected in the financial services
world, having led multi-billion dollar businesses, she was
acutely aware of the imbalance in the number of women who were
rising to corporate leadership positions. Giving back has always
been a foundational aspect of Cate’s life, and it is this spirit
that led her to create a platform to help women on a path toward
advancement. 


In today’s episode, Cate shares tips on how women can succeed in
the corporate world and the importance of networking &
community especially when looking for a career change. 


We also hear about the pivots Luminary has made during the
pandemic, how to overcome the loneliness synonymous with
entrepreneurship, and the value of truly reciprocal relationships
in life & business.


In this episode, we’ll talk to Cate about:


* Insights into Cate’s childhood and a story that highlights the
lessons her parents instilled in her. [2:51]


* Cate’s path after college and the conversation that changed her
career trajectory. [5:25]


* How Cate landed in the world of banking, a sector she had never
considered working in. [8:28]


* Advice Cate has for women who want to succeed in the corporate
world. [11:09]


* What happened when Cate left her banking job and felt caught
between two worlds. [15:12]


* How not working gave Cate space to come up with the plan for
Luminary. [16:44]


* Cate’s tips for writing business plans. [17:37]


* The value of going all-in on your dreams; you can always go
back to your job later. [20:30]


* How Luminary managed to pivot during COVID and how Cate managed
this stressful time. [22:01]


* How Cate’s corporate skills helped her navigate the pandemic
crisis. [24:18]


* The pivots Luminary has made were never a part of the business
plan. [24:58]


* Why it was so important for Cate to self-fund her business.
[27:20]


* There is so much value in being able to put your own money into
your business. [29:47]


* How Cate reached out to fellow entrepreneurs and the network
she has created. [30:58]


* The most common mistakes Cate sees early-stage entrepreneurs
making. [33:02]


* You need to cultivate reciprocal relationships, not just
transactional ones. [35:13]


Follow Cate:


* Luminary Website: http://www.luminary-nyc.com/


* Luminary Instagram:
https://www.instagram.com/bealuminary/ 


* Cate Instagram: https://www.instagram.com/cateluzio/ 


Follow Yasmin: 


* Instagram: https://www.instagram.com/yasminknouri/


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