In this episode of Money Rehab, Nicole Lapin speaks with Paige Adams-Geller about her path to founding a denim fashion brand and managing the effects of early financial trauma. Adams-Geller discusses how her family's bankruptcy and personal experiences shaped her drive for financial independence, and how she launched her business in 2004 despite having no formal business background.
The conversation explores Adams-Geller's methods for processing trauma and managing mental health while running a business. She shares her experiences with imposter syndrome, describing how she overcame feelings of inadequacy through therapy, wellness practices, and open discussions with other founders who faced similar challenges. The episode offers insights into the intersection of personal trauma, entrepreneurship, and maintaining mental well-being in business.
Sign up for Shortform to access the whole episode summary along with additional materials like counterarguments and context.
Paige Adams-Geller's life has been shaped by significant challenges, including her family's bankruptcy and a sexual assault, both occurring when she was 16. The bankruptcy, which coincided with her starting at USC, drove her toward financial independence through academic scholarships and student loans. Her father's subsequent depression reinforced her determination to remain financially self-reliant.
The trauma from her sexual assault, which took 13 years for her to disclose, continues to affect her daily habits, such as keeping her phone on silent due to triggering memories of stalking incidents. Paige reveals that the trauma led to an eating disorder, which she describes as a desire to "disappear" and maintain control. This struggle with control issues still influences both her personal life and business decisions today.
With encouragement from her life coach, Paige launched her fashion brand in 2004, despite having no formal business background. Her mission focused on empowering women, drawing from her experience as a fit model. Throughout her entrepreneurial journey, Paige struggled with imposter syndrome, often feeling inadequate to run a successful business. She overcame these insecurities by openly discussing her feelings and connecting with other successful founders who shared similar struggles.
Paige emphasizes the importance of maintaining mental health through various approaches. She credits her twenty years of therapy as crucial for processing trauma and developing coping mechanisms. Additionally, she incorporates meditation, nature walks, and music into her wellness routine.
For fellow entrepreneurs facing similar challenges, Paige advocates for openly sharing struggles with peers. She emphasizes that many successful founders experience similar insecurities, and believes that combining a positive mindset with a strong support system can help anyone overcome obstacles in business, regardless of their background.
1-Page Summary
Paige Adams-Geller has faced significant challenges in her life, from coping with her family's bankruptcy to enduring the trauma of sexual assault. Each of these experiences has had a profound impact on her mindset, self-reliance, and how she manages her personal and professional life.
Paige's experience with her family's bankruptcy at the age of 16 set a precedent for her approach to finances and self-reliance. This event coincided with the beginning of her schooling at the University of Southern California (USC). The bankruptcy led to Paige losing her home in Alaska; however, she demonstrated resilience by securing an academic scholarship and student loans to continue her education. Her father's severe depression following the bankruptcy demolished his confidence and instilled in Paige the importance of frugality and the determination to be financially independent, ensuring she would not need to rely on others for support.
Another profound challenge that Paige faced was the trauma resulting from a sexual assault at the age of 16. It took her 13 years to disclose this secret. Not only did the assault itself have lasting effects, but the stalking incidents before and after the event have left her with triggers, such as a ringing phone, causing her to keep her phone on silent to this day. Nicole Lapin mentions that Paige has been transparent about her assault experience, which underscores how enduring such a trauma can influ ...
Paige's Traumas and Their Impact on Her
Paige Adams-Geller's journey to launching her self-titled fashion brand, Paige, is marked by a pivotal moment and struggles common among entrepreneurs, including battling imposter syndrome.
With determination and the support of influential individuals in her life, Paige Adams-Geller took the first steps in creating a unique path in the fashion industry.
During a period of uncertainty, Paige Adams-Geller turned to a life coach for guidance. Her passion for empowering women, coupled with her extensive experience as a fit model, inspired her coach to encourage her to start her own fashion company. This advice set her on a path to entrepreneurship, focusing her brand on uplifting women.
Despite lacking a formal business background, Paige Adams-Geller launched the first collection of her brand, Paige, at the Coterie trade show in September 2004. Her venture into the fashion industry established her as a self-reliant entrepreneur, ready to take on the challenges ahead.
Opening up about her fears and seeking assistance from like-minded individuals helped Paige Adams-Geller navigate the complexities of running a successful business.
Paige Adams-Geller openly discusses the prevalence of imposter syndrome in her career—a feeling that can lead to a "rabbi ...
Paige's Entrepreneurial Journey and the Challenges She Faced
Paige shares her experience with mental health challenges and overcoming personal insecurities as an entrepreneur, offering advice and strategies to founders facing similar issues.
Paige opens up about her long-term commitment to therapy and how it helps her maintain a healthy state of mind.
With over two decades of therapy, Paige underscores the significance of discussing feelings with a professional. She believes therapy has been instrumental in understanding her emotional patterns and working through trauma, which in turn has helped her maintain a mostly healthy mental state.
Paige emphasizes the benefits of meditation, spending time in nature, and listening to music as ways to foster mental wellness. These practices complement her therapy and serve as additional tools for coping with anxiety and maintaining mental health.
Entrepreneurs often struggle in silence, but Paige advocates for openness as a way to understand that these challenges are shared among peers.
Paige advises founders to be candid about their insecurities and struggles. She believes that acknowledging these feelings is vital in confronting and overcoming entrepreneurial challenges. Sharing her own experiences with anxiety, Paige found solace and confidence in realizing she was not alone; other founders also grappled with similar worries. Her experiences illustrate the power of vulnerability an ...
Paige's Strategies For Founder Mental Health and Overcoming Insecurities
Download the Shortform Chrome extension for your browser