What Can Women Learn From a Billionaire?

Alwaleed Bin Talal AlsaudBillionaire Saudi Prince Alwaleed bin Talal is rich, and he wants everyone to know just how wealthy he is. That’s why he’s suing Forbes magazine for libel. Forbes, which ranked him at number 26 on a list of the world’s billionaires, reported the prince is worth $20 billion, which is apparently nearly $10 billion off the mark.

Really, when you’re in that category, what’s a billion here or there?

I’m not questioning the truth of what he’s claiming — I'm all about speaking your truth. But when I read the news report, I immediately thought of a line from Carol Kinsey Goman’s latest book, The Truth About Lies in the Workplace: How to Spot Liars and What to Do About Them.

“Men tell more self-centered lies,” Goman noted. “They lie about their accomplishments, salaries and status in an attempt to appear more powerful or interesting than they are.” In other words, it’s important that others note their status and accomplishments.

Women’s lies, meanwhile, are more “other centered,” intended to protect others’ feelings. Women are also “more likely to fake positive feelings,” according to Goman.

So ladies, if you ever find one of your successes minimized or misrepresented, don’t be afraid to speak your truth. Suing Forbes for libel may not be necessary, but a simple letter to the editor could suffice.


Step into the Truth Booth, improve your life, and laugh along the way with funny motivational speaker Colette Carlson. How did she go from emotional coward and the Pizza Delivery’s favorite customer to #1 sales producer for sales legend Tom Hopkins and Brian Tracy, featured in Success Magazine, a 50 lb. weight loss, and inspiring audiences at Microsoft, Accenture, Pepsi, Boeing, and organizations worldwide? Visit her at http://www.ColetteCarlson.com or call 760-230-1212.

Colette founded Speak Your Truth, Inc. to share her success systems and inspire others to Think It! Speak It! Live It! Her tools and takeaways create authentic, long-lasting change in every aspect of your life. With a MA in human behavior, a successful business and 2 teenage daughters, Colette provides a unique combination of education, research, real-life experience, and heartfelt humor to motivate you with her high content programs. Improve your Communication Skills, Work-Life Balance, Sales, Leadership, Assertiveness, Negotiation…all wrapped in the genuine power of Speaking Your Truth.

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  1. Wow. Very true, right?  And while there are always exceptions to anything like this, the fact is that it's a reality a LOT of the time. As a motivational speaker on women's success I ask women how comfortable they are even TALKING about what they have accomplished. Forget blowing it out of proportion – they don't even bring it up! They think their good work should speak for itself. Sigh. I can relate. But the fact is that this is not a good strategy.  So I'll take a page from old Prince Alwaleed and remember to not only speak up about what I have accomplished, but correct it if someone else gets it wrong.  With love. And kindness. And no "make wrong" toward the other person who made the mistake…. 

    Women. We are so darned cute.

  2. What an interesting and spot on distinction between the sexes, Colette!  Heck, I find myself minimizing my OWN successes!  Sheesh.  With your excellent advice I'll be sure to stand up for my truth if Forbe's gets my #'s wrong :)

  3. As a future Forbes Billionaire (Powerball, baby!), the current Queen of Estrogen-onia, and a World Famous Rock Mom (Have you HEARD my "Wheels on the Bus"?!?) – I find it so disheartening when I arrive at the market and there is NO red carpet – I mean, sheesh, my Mom-mobile even had a WASH this month!   So…  Bin Talal, I've bin there and I feel your pain prince!    wink

  4. I asked 400 women at a womens leadership conference to turn to your neighbor and quickly state three things that make you great. When we were through I asked how many found that easy. 4 raised their hands. That's a problem. You will never convince anyone that you deserve those opportunities, if you don't believe it yourself. It's not bragging to know your strengths. If you don't believe you're worth it, neither will they.

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