I just hired someone to take care of my house for $50,000 a year: A house manager. This is in addition to the full-time nanny I have. And the cleaning service. And the assistant I have at work.

I know the first thing going through your mind is that I’m loaded and I’m lucky. But I’m not either: for instance, the house I live in is so small that I sleep in the kids’ room. I chose a house like this because I think having money to pay people to help me maintain a sane household is more important than having tons of space for tons of possessions. Having to make choices like that is what makes this topic worth writing about.

But I wasn’t sure if I was going to write at all about hiring a house manager, so I tried telling someone in person first, my friend Jason Warner, who is a director at Google. He said that that every high-level woman he’s ever worked with—at Microsoft, Starbucks, and Google—has had to pay for tons of help at home or had a stay-at-home husband or has been literally falling apart at work.

For the past year, at least, I have been in the last category—falling apart. It’s clear to me now that to be a woman competing at high levels in corporate life, you have to have people helping you. Serious help. Most men who make a lot of money and have kids also have a stay-at-home wife. She holds their world together while he focuses on work.

So I want you to know what it’s really like to be a woman competing with the men who have stay-at-home wives: Expensive. There are jokes about the hyperbole of the annual study that says that housewives are worth six-figures. I think it is not hyperbole. Those men are getting not just a house manager, but someone who adores his kids, is there all the time, and someone who is willing to have some sort of regular sex life. For all that, the estimate of $100,000 a year seems very low.

My new house manager’s specialty is families with moms who have very time-consuming jobs. I told the house manager that I’m worried that she will not be able to deal with how eccentric our family is. She says she has only dealt with eccentric families. She said the last family used to have birthday parties at breakfast instead of dinner because the mom couldn’t get home for dinner.

I told the house manager that I am always home for dinner. And violin lessons. When I’m not traveling. I felt smug. For a minute. But really, I don’t think there is an honest mom in the world who works full-time and feels smug.

I am hiring a house manager because I don’t think there is any way I can compete in my profession if I have to do things like clean up gummy bears for an hour a night, or make a toy-store run in the middle of the day for a last-minute birthday party after school.

Jason was telling me that his wife went out of town for five days. She told him he had to take time off from work. He said he didn’t want to use up vacation. He said he’d be fine.

But by the second day, he was going nuts. He said, “Penelope, it’s unbelievable. I am telling the kids I’ll be there in a minute and then I send an email. And I instant message chat while I’m driving. And I take phone calls when the kids are in the other room waiting for me. This is crazy. It’s so hard.”

But I have been doing this every day for years. That’s really what convinced me to hire the house manager. Because Jason was doing my life for four days and he thought it was crazy. And Jason is the type of guy I’m competing with in business. He has a housewife. They are a good team.

When Jason was writing guest posts on my blog I was talking with him all the time. He asked about the time stamps on my emails, he asked me when I slept (for about six months, when I started blogging, I basically stopped sleeping), and he asked me when I relaxed. Mostly I was jealous that he had someone at home taking care of so much stuff.

So now I’m not jealous. But, I have to confess something. I’m jealous of all the guys who kept a family together while they built up their career. I wish I could have done that.

So here’s my advice to women who want a big career and a stable family: You need to earn a lot of money to make that happen. I don’t know a stay-at-home dad who is seriously taking care of kids full-time, over the course of five-to-seven years, without a lot of money in the bank. And I don’t know a woman who has a huge career without money to support a bunch of people to take care of things at home.

For women, the difference between success and failure at the top of the ladder is, I think, a house manager.

I was thinking about blogging about job hunts today. Or managing up. Or one of the hundred or so topics that are always safe to go to if you blog about careers. But I decided that I can't ignore the fact that someone hacked into my RSS feed and put a bazillion porn links at the bottom of my post about taking notes.

It would be too weird that 20,000 people received the list of porn sites and I'm not saying anything about it. So, here I am, saying something: I'm really sorry for the problem.

I want to tell you that this is the first time my blog has been hacked. But it's not. I haven't written about the hackers because I didn't want to encourage them. It's amazing to me that people take the time to mess with this blog.

But things got a little clearer now that there's porn involved. The hacking starts looking a little too close to the types of comments that I used to get on Yahoo Finance. The kind that started with the fact that I was a woman and then went on to say how stupid I am and eventually came to outrageous sexist slurs that Yahoo had to pay someone to monitor and remove.

I get asked a lot about the disparity between men and women in the workplace. In fact, just today I did an interview where I said that I do not think there is disparity. There is not disparity in paychecks. (In fact, in big cities young women make more than young men for the same work.) And the disparity that comes later in life is the result of women choosing to spend more time with their kids than the men do.

So you won't find me complaining about gender in the workplace. But I do think that the web is a different story. The anonymity brings out the sexist behavior that men know very well to hide at work.

So you'd think I'd be angry, right? But I'm not. The only time I got angry was when I couldn't find my IT guy to tell me how to fix the problem. But beyond that, I believe that most people are good and that holding grudges gets me nowhere.

So much of the career advice I give is based on the idea that you can teach yourself to be nice—even to people who hate you—and being nice is an end in itself. I really believe that. And I am not angry with the person who messed up my feed. I am mostly blown away that he would take the time to do it.

I also write a lot about community. The reason I blog is because I love the conversation, and I love how we depend on each other to show up regularly, ask good questions, and provide a reality check when it comes to the absurdities of life at work. So it shouldn't have surprised me that a lot of people sent me an email this weekend. But the amount of concern and encouragement that people showed in their emails was touching. And in a way, getting hacked makes me feel so lucky that I'm part of a community that cares. So thanks.

Oh. And also, thanks for being my test case, because I can't tell if we've fixed the feed problem until I send another post through the feed. So, here's hoping …

Two days ago, I called my friend to cut a deal. I needed to make a partnership fast, and we have been doing business together for years. I knew she could push something through her company that would make me look good.

We ended up spending an hour on the phone, and she mentioned she was taking a four-week leave. I knew it was for fertility treatments. She couldn’t believe I knew. She had kept it a secret from everyone. She panicked that if I knew her whole office would know.

Here’s how I knew: Because women with high-powered jobs don’t take four weeks leave. You don’t get a high-powered career by going on leave. But at some point, even in a high-powered career, fertility issues start trumping career issues: When it’s four weeks off a big job, it’s fertility.

I have a lot of friends who went through fertility treatment. So I gave my friend the name of another friend who currently sports bruises all over her body from injections, and then I said, “Hey, I know you’re crying, but push my deal through before you go on leave.”

Let me tell you about my friend who did not wait to have kids—the friend who is genius girl, and great at planning, and a rock star at work, and is doing a startup while she has a young child. She is one step away from being hospitalized for exhaustion. Really. Her thyroid is breaking down from her relying too heavily on adrenaline.

Among my friends who are women, the majority have had fertility problems.

Every friend has a different story, but there is one theme that has dominated every friend’s trials and tribulations: A lack of control. We can control so much of our lives today. And women who are in high-powered careers are usually the best at controlling their lives.

It’s a shock to find out that fertility is so hard to control because it’s so important. So it’s no surprise that there’s an industry developing that helps women control their fertility.

Please, please do not read the rest of this post thinking that holding off getting pregnant til your mid thirties is a good idea. Statistically it is a very bad idea if it’s important to you to carry your own child. There is no science magic that makes a mid-life pregnancy a low-risk endeavor, but here are three things you can do in your twenties and early thirties to decrease the risk of a high-risk pregnancy.

1. Get a husband. I know, this is not popular advice, but it’s practical advice. A husband is like a career. If you are not looking for one, you’re not likely to find one. If it’s not a high priority goal, it’s probably not a goal you will meet. So if you want to make sure you’re making babies with your own healthy eggs, think of your twenties as the time to find a mate.

2. Freeze your eggs. If you don’t want to exert control over your life by finding a husband, how about using control over your life to save some good eggs? The Wall Street Journal reports that even though it’s not actually proven technology, women are signing up in droves. The treatment is expensive—up to $14,000—but often that’s peanuts to women who will spend their most fertile years climbing corporate ladders.

3. Test your eggs for premature aging. Yep. That’s right. Eggs age differently in different women. And the aging process could get faster or slower relative to the general population. This means that while most women need to start having babies before age 35 to manage risk well, some women need to start earlier.

If you want to know if your eggs are aging fast, go to Repromedix to find out if you can be part of the company’s limited rollout of a new test for eggs. The results combine the magic formula of your age, your eggs, and the amount you have of two specific hormones in order to come up with your age in fertility years.

When I was 30 I did not have a boyfriend. I hired a dating service for 10K, (which at the time was the best way to deal with my ticking clock) and the guys who were coming up were great investors for my company and lousy husband prospects. (Except for the Calvin Klein model. He was not a good husband or a good investor. He was totally ridiculous.) At that point, I was making a ton of money, and I could have afforded a lot of this stuff. If I had known about it, I would have done it.

If you have the money, and you don’t have ethical problems with it, maybe you should do it. You never know where you will fall in the fertility lottery: Hedge your bets the best you can.

In the past few years, postpartum depression has had a lot of press. Brooke Shields had it, Marie Osmond had it. Tom Cruise denied it exists. All good for raising awareness. Now we all know it exists, and maybe some of us know the warning signs. But no one talks about this: What if you have post-partum depression and you must continue working?

Three years ago, I was in this position. I haven’t written about it because it was bad. Very bad. I keep waiting for someone to write about what it’s like to have to continue working even with post-partum depression. I guess I will be the one.

Here is what you need to know about postpartum depression if you are the breadwinner of the family:

1. Take maternity leave. Even if you have to make it a little unconventional.
I was a freelance writer, with a husband who did not work, and we were living paycheck to paycheck. I thought there is absolutely no way I could take maternity leave. We’d starve.

But I tried to think of ways to craft an unofficial maternity leave by getting ahead with my writing. I didn’t tell my editors I was doing that, but my plan was to not have to write very much.

2. Plan ahead, for the worst-case scenario.
In our heart of hearts, we know that the best case scenarios don’t actually need planning for. So why make plans assuming best case? Make contingency plans.

I did that a little. Because I’m a freelancer and my husband and son are nearly uninsurable, for prior medical conditions, we usually have crappy, near-nothing insurance. But we raided the last of our savings to buy great health insurance for the baby and me, just in case something happened during delivery.

Other than that, I assumed that things would go smoothly when we got home from the hospital since this was our second child, and I already knew how to care for a baby.

3. Admit that no time off means you’re high-risk for postpartum depression.
The baby came early, and I was not really ahead on columns, and my book wasn’t finished.

So right after the baby arrived, I had to finish my book, which was behind schedule. And, my agent told me that there was no way I could promote the book when I was 40 pounds overweight. After all, there was a chapter about how bad it is for your image to be overweight. So I spent two or three hours at the gym every day.

The baby came everywhere with me—to my book publisher, to my agent, to my newspaper syndicate, to the gym. I breastfed in everyone’s office. I breastfed in the cardio room and the weight room.

I cried all the time, and I felt that I had no idea how to take care of the baby, but I looked okay in all my meetings, so I kept going.

4. Ask for help from people you don’t work with.
Then, one night, the baby was screaming and our three-year-old wouldn’t go to bed and my husband was telling me that I needed to get the three-year-old some milk and I was saying that he should and I’ll get the baby and he rolled his eyes, and then I took a knife out of the dirty dishes and stabbed my head.

I don’t actually remember doing it. I remember my husband saying, “Oh my god. There’s blood everywhere.”

Here’s how crazy I was: I just put the knife back in the sink and went to get the baby.

The next day I went back to my old therapist and told him. While I breastfed the baby.

My therapist said he didn’t think I’d ever hurt the kids, but he had to send me to the emergency room to be checked out. So I went there. With the baby, and my cell phone, and I handled edits for my Boston Globe column from the hospital hallway.

The doctor I saw wanted to admit me to the mental ward. I had a friend call all over looking for a hospital that could take me and the baby into a mental ward together, and not one could. “It’s a huge breaking point in the mental health system,” she said.

The psychologists did not want me to leave, but I was convincing, telling them that we would not be able to support ourselves if I did not work. And I was also convincing telling them that I did not want to risk losing my breast milk permanently by separating from the baby for a week in the mental ward.

The doctor said I could go back home with the baby but I couldn’t be alone with the baby.

5. Postpartum depression is one of those times when you should break the bank.
When I left the hospital, I told myself I would just ignore the doctor’s advice because it would be impossible to not be alone with the baby. My husband had to take our older son all over the city for school and activities. And we could never ever afford round-the-clock care.

But on the way home, I remembered Andrea Yates. I had always felt empathy for her, but now I felt like maybe I could be her. I know it came out of nowhere to her: first she was just sort of depressed, and then she was killing her kids.

Plus, I remembered two times when people had asked me how the baby was and I said, “Sometimes I want to slam his head into the wall.” Both times I got very concerned looks. So stopped saying it, but I knew it was not good.

So I hired someone to stay with the baby and me. Only then did I realize that I was terrified to be alone with the baby. I still cry thinking about how I was probably a danger to my own child. The babysitter was as much for me as for the baby.

I kept working. I kept seeing a therapist. And we went into huge debt in order to pay for the babysitter.

In hindsight, I wonder, What could I have done differently?

My career could not have handled a three-month maternity leave. But I should have hired the nanny at the first sign of trouble, even though it caused a lot of debt. I was so scared of spending money. I cut corners on things that I thought I could handle but couldn’t. And the biggest thing, in hindsight, that I thought I could handle, was being a working mom with no support system. No one can do that and stay sane.

Did you see the rally for Obama in Los Angeles last Sunday? It rocked my world: Michelle Obama, Oprah Winfrey, and California First Lady Maria Shriver talking to a packed stadium at UCLA. (Watch the video here.)

For one thing, Michelle Obama is a great speaker in her own right and she is teaching us how to talk about race and women in new ways that only a non-candidate could do. But also, Maria Shriver made an unscheduled appearance to endorse Barack Obama even though her husband, Governor Schwarzenegger, had just endorsed John McCain.

It’s a great picture of how much power women have—women who are so confident in their power that they know they can throw it behind a man to get what they want out of the world.

Some of my harshest critics say that I’m “bad for feminism.” They say I give bad advice to women because I don’t see work as a place for women to fight against men to get equality.

Indeed, I generally see work as a place where women have equal footing with men. And personally, I see work as a place where men have mentored me the whole way. I would be nowhere without all the men who have helped me.

Sure, I know I’m still at a disadvantage because I’m a woman in the workplace. I was reminded of it just the other day when my business partner Ryan and I met with a potential investor. The guy passed on girl-related small-talk and spent twenty minutes with Ryan talking football.

And the same is true for black people in this country. Obama’s success doesn’t mean that things are suddenly great for black people everywhere. But Obama’s success suggests that we can stop requiring everyone to divide everything by black and white.

And that makes me also think we can stop dividing things by men and women. I don’t need to vote for Hilary Clinton to show that I support women. I support women by looking ahead to the next generation. My generation—which is Obama’s generation—does not need to fight the women’s fight anymore. Other people did it for us.

So thank you, feminists, but we’re moving on. And to see all those women in California—those women who got their power on their own, using it to support a man—that sends chills up my spine, because I relate to that. I want to stand with the men and be on their team, and the only way to do that is to earn power myself and share it, with whoever deserves it, man or woman.

Watch for this in politics, and do it yourself at work. You can get stronger at work by breaking free of the divide that some people assume is there. We don’t owe it to the last generation to keep fighting their fights. We owe it to the last generation to thank them, and then move on.

We have our own, more relevant fights today. Like how to work to live instead of live to work, how to stop being a slave to money, and how to make time for our families. These are issues for men as much as women. We are in those fights together.

And that’s what I saw happening in Los Angeles on Sunday. I saw a centerpiece of the new fight: For change. Whoo hooo!

It’s a myth that time away from the workforce will undermine your career. This myth is based on outdated ideas of the workplace. And it’s an important myth to bust, because in today’s post-feminist workplace, the majority of women say that given a choice, they would not choose full-time work when their kids are young.

Here are some reasons why it’s safe to interrupt your career to have children. And, in fact, most of this data is relevant to interrupting a career for any reason — not just kids.

1. Demographic trends make women ages 30-50 valuable at work.
We all know that as baby-boomers retire, Generation X is not big enough to replace them, and Generation Y does not have the experience to replace them. But demographic trends have created a much bigger labor shortage than anyone anticipated.

There is a labor shortage in Generation X that no one predicted, and it’s because of increased fertility, according to James Vere, author of the paper, “Having It All No Longer: Fertility, Female Labor Supply, and the New Life Choices of Generation X.” He says, “The women of Generation X are not only having more children than the baby boom generation, but also supply fewer hours to the labor market,” and this makes women who do go back to work more valuable than people could have anticipated.

The other contributing factor to the Gen X labor shortage is that Gen X men do not work the long hours that baby-boomer men worked. Instead, those aged 18 to 37 are more likely to view family as an equal or higher priority than work, according to the Families and Work Institute. And the majority of those men are willing to sacrifice pay to spend more time with their kids, according to the Radcliffe Public Policy Center.

So it is no surprise that McKinsey Consulting reports that, “Finding talented people is likely to be the single most important managerial preoccupation for the rest of this decade.” (via 2020resumes)

2. Women adapt to job changes better than men do.
Companies might be better off hiring a woman who has taken time off from the workplace than a man who is switching companies.

Why? Because high-performing women do better at leaving a company and finding a new one than high-performing men do–in general, women keep up their high performance and men don’t. This study is based on the finance industry but the findings (published in this month’s Harvard Business Review) apply to most knowledge workers.

And even though women typically have a more difficult time than men navigating in-house politics and finding mentors, these women respond by being better at cultivating relationships outside of the company. Which means that they are in a better position than men to make a switch to another company.

According to the study, women start a new job stronger because they are more strategic when planning their careers (due to lacking the boys-club connection). “Women took greater care and analyzed a wider range of factors than men before deciding to uproot themselves.”

So ironically, all the worrying that women do about how to reenter the workforce after having kids probably pays off.

3. Social networking makes on-ramping much easier.
Ten years ago, the work it took to maintain a network during extended maternity leave was prohibitive. Dealing with a three-month-old during the day, and showing up to conferences and events at night, for instance, is a route for only the most intrepid of new moms. But social networking tools have brought the moms out of hiding.

Generally, the people using social networking tools are outgoing, value-oriented, high performers who were well connected to begin with. The tools are easy to use from home and the strengths of the mommy-blogging network are testament to the popularity of social networking tools among women taking time off from the workforce.

In case you’re wondering about the power of blogging in one’s career, take a look at Carol Wapshere. She took time off to care for family members and then relocated to Switzerland for her husband’s career. She started a blog in order to raise her profile in her industry before going back, and it worked and landed her a consulting job , and then a speaking gig at Microsoft’s TechDays conference.

This is not an isolated case. I get emails from women like Carol all the time.

4. The new idea of career means retrieving yours is not all that hard.
Most of the literature written about the duress of the on-ramp is by baby boomers who can’t stop obsessing about the glass ceiling. Most of the women taking time off to have kids today have no ambitions of breaking that glass ceiling because what’s above it is so absurd. That makes taking time off to have kids not as big a risk to them.

Look, if you want to shoot straight up the corporate ladder to the CEO position, don’t have kids. Corporate life is not changing as fast as corporate press releases would like you to believe. CEOs do not take care of their kids. Someone else does. And the difference between a father’s ability to get to the top versus a mother’s is night and day. Men are more likely than women to cope with extreme delegating of parenting. This is not a judgment; it’s a fact that is sitting right in front of us.

But most potential parents today are much less consumed with money and prestige, and more concerned with personal growth and flexibility. So taking a position below the last one is not as upsetting as it used to be. People do not think of a career as a straight shoot up the corporate ladder. It’s a winding path, and there’s lots of room for children.

My brother just started school at the University of Iowa, and this was his first caucus. He describes a room totally crammed full of young people: “It was basically all the students caucusing for Obama and the adults dispersing among the other candidates.”

In the end, in his Iowa City precinct, the students sat victorious at the Obama camp with 70% of the votes, while the caucuses for Edwards and Clinton were shouting over to the Kucinich supporters to abandon camp and come to them.

This is a metaphor for the workplace. The young people have, effectively, shifted the balance of power to themselves, and the older people squabble between each other, as if their power structures still matter.

Millennials are fundamentally conservative

The victories of Generation Y will not look like the Boston Tea Party or Kent State. They will look like this Iowa caucus: Gen Y, playing by the rules, and winning.

When Gen-Xers were this age, we were so overwhelmed with trying to earn a living that voting was the last thing on our minds. And when baby boomers were this age, they were protesting, and dodging the draft, and disrupting the establishment. So in a way, it’s remarkable how engaged, optimistic, and rule-abiding Millennials are during their twenties.

But as a group, Gen Y is fundamentally conservative, so it’s not surprising that they come out and vote in droves. Voting is a way for people who color-within-the-lines to instigate change. Voting is a fundamentally conservative way to tell the establishment to get out of the way.

Baby boomers are being forced out, in a non-disruptive way

And this is the exact same way that generation Y is telling baby boomers to get out of their way at work. Gen Y plays by the rules, meets expectations, and in the same step, pulls the rug out from under the people with power. How? By refusing to pay dues, by customizing their own career paths instead of lusting after a promotion, and by job hopping when learning curves get flat.

When USA Today wrote “Gen Y has already made its mark” the story was about entrepreneurship – Gen Y is ambitious, driven, and success-oriented, and since hierarchical structures of corporate life allow for so little mobility, young people are turning to entrepreneurship and are starting businesses at a blistering rate not seen among young people earlier.

This is not exactly the Civil Rights movement or grunge music. But Gen Y doesn’t need to rebel because, as I wrote in Time magazine, young people are already in the driver’s seat at the workplace. They can work within the established lines of business to get what they want, but they get it faster than we expect.

The gender divide is an antiquated view of the world

So many times I give a speech and explain to the room why women should not report sexual harassment. Invariably, the room divides. The millennials think the advice makes sense, the baby boomers are outraged.

Baby boomers perceive that there is a gender war going on at work, and women are fighting for equality: “The glass ceiling still exists!” But millennials are entering a workforce where women are making more than men in major cities, and the salary gap is essentially gone in most fields of business for this demographic. Nearly 50% of millennial girls were sexually harassed in their summer job, and by the time they are of voting age, sexual harassment is old news– it doesn’t scare them because they have plenty of power at work.

Early pundit posts declare that the results in Iowa hinged on the votes of young women. The Clinton campaign assumed women would vote for women. But young people did not make this election about gender, they made it about age. They want change. They want a chance to do things differently, within the established structures of power.

And this is true of the workplace as well. There are not women fighting for women in Generation Y. The gender divide ended when Gen X dads started giving up promotions to stay at home with their kids. Today there is a generational divide, and it’s happening at work and in politics and the balance of power has shifted to Generation Y.

Harvard just announced that it will change the timeline of business school enrollment as a way to attract “a wider range of applicants” Read: Women. Right now women start businesses at two times the rate of men and women do better in school than men do, but women make up less than one-third of the enrollment at top business schools.

There has been wide acknowledgement — in a hush-hush way — that the lag in business school is because the value of an MBA is different for each gender. Some of this difference has to do with personality, but a lot of it has to do with the biological clock.

Millennials have watched Generation X be the most fertility-stressed bunch of women ever. (I, for one, found myself scheduling my pregnancy around TV auditions. Absurd.) We now know that waiting until age 35 to begin having kids is not a good bet to make. If women want to have kids, they should put having a family ahead of having a career – because there is no negotiating with the biological clock.

Millennials know this. They make getting married and having babies by age thirty a priority, and one of the first things to go is business school.

Typically, business schools required a few years of work, then an application process, then two years out of the work force for school. At that point, women are in their mid to late twenties and they need to be focusing on finding a husband. Today’s generation is not stupid. They know that if they want to have kids, it makes no sense to play roulette with ovaries in order to get a few more years of work under their belt before trying to have kids. So business schools are not seeing enough female applicants.

People have been talking in hushed voices of creating faster ways to get through school in order to attract women. And people have been talking off the record about how top schools accept women at an earlier age than they accept men. But Harvard has made it official. In order to attract women into business school they are allowing women in after just two years of work. And they’re encouraging liberal arts students, as well. Sure, Harvard is saying anyone can take the school up on this offer. But surely Harvard does not have trouble getting highly qualified male applicants – these changes are not for those people.

This is a big moment because it’s the convergence of two big ideas in the workplace:

1. Women no longer put their career ahead of their biological clock. We tried it for a generation and it was a massive failure.

2. Business schools acknowledge that they have to change to accommodate women -women are sick of changing themselves to accommodate the old corporate life that is geared toward men.

This second point gives me a lot of hope. There is a movement going on right now to demand that work accommodate life. In general, work does not respond to this movement. Social responsibility does not push through institutional change. After all, you could argue that in business, the people at the top are the worst parents and least likely to accommodate parenting for other people. But finally, there is change: The impending and massive talent shortage that is going to push through a lot of accommodations, and I think Harvard’s shift in admissions is a harbinger of big things to come.

I loved listeing to this interview with Sallie Krawcheck so much. I have been following Sallie’s career for years, and I had no idea I was going to see her in person until I showed up for the Forbes Executive Women’s Forum for a speaking engagement, and there she was, speaking right before I did. She was mesmerizing: Funny, authentic, quick on her toes and gorgeous.

But I most love her for her honesty. Everyone does. Even the Citigroup board of directors. It’s how she got her job. The short history of Sallie is that she was an analyst on Wall Street and when the analysts started compromising ethics during the dotcom boom she was one of the most high-profile analysts who didn’t, so her career went into super-high gear during the dotcom fallout. Now she is CEO of Citigroup’s Global Wealth Management. She’s the highest ranking woman in finance.

[Editorial note: I didn’t conduct this interview – questions came from Forbes editor Elizabeth MacDonald and an audience of about sixty people. I edited the interview below, and changed questions. I was the audience member who asked the question about stay-at-home dads.]

What is a good first job for someone who wants to run their own company?
I tell all young people to become an analyst after school. You pull out bits of information and put together a picture. Sometimes it looks like a dog or sometimes a cake. Then you make decisions with imperfect information. And when you get another piece, you say oh it’s not a cake. So its practice making decision with imperfect information. This is what you do as a CEO every day.

Why aren’t women at the top of companies?
There is something about women getting tired. They get to be thirty and they get tired. Add up all the time that you are not with the kids and not working but you are doing hair and makeup while your husband sleeps. It’s two-and-a-half hours a week. It drags you down. Also, women are not able to express anger at work because it reflects negatively on women. This makes women tired, too.

I have a stay-at-home husband and it’s a train wreck. How do you work that out in your house?
I had a stay-at-home husband and he went back to work. My first husband could not get over it and I had to choose another husband. I would come home from a meeting and I’d say sorry I’m late and he’d roll his eyes. As soon as you get the eye roll you have a problem And in fact, he was having an affair. That was a waste of four good years, and I was cute then, too; I should have dated a lot more men than I did. I got a much better husband the second time around because I had had practice making decisions with imperfect information.

How do you handle leaving the kids when you travel?
The thing with the kids is to show no fear. If you show fear, they can smell it. Say, “I love you and I can’t wait to see you, but I love my work.” I cry when I close the door. I went to China for two weeks. The kids were okay; I bribed them. I waited to tell my daughter until I took her to the American Idol concert.

What’s your approach to work/life balance?
When women get up there and talk to you about work life balance, they are lying to you. I work all the time. I sent 220 emails last weekend. The last time I went out for drinks on a weekday like Sex in the City was when I was twenty-two. This is not a bitter comment. It’s a choice.

When I founded my first company I didn’t have time to find someone to date, but I knew that I wanted to get married. So I followed all the advice I had read about how you should tell people what you want in order to get what you want. I started telling everyone that I wanted to get married, and a lot of people set me up on dates.

But things did not go well. Almost every guy I went out with ended up wanting to do business with me. (Yes, I went into business with one of them.) And often when I met with an investor about the next round of funding for my company, our meeting (that was invariably at some swanky restaurant he owned) turned into a date by the end of the evening.

I started questioning the idea that I should be so frank about looking to get married. Life is one big negotiating opportunity, and I saw I was not doing well. Also, I noticed that men don’t generally ask for what they want. The classic example: They ask you out to lunch when what they really want is sex.

There is so much written about how women are not as good at negotiating as men are. Lots of studies show that women don’t even start negotiating — nine times out of ten, men will ask and women won’t. And when women do negotiate, they don’t get what they want as often as men do.

There is no solid research to tell us the why behind the poor negotiations. Most people who toss around ideas about why women don’t ask, toss around some version of the idea that women don’t like conflict: Women like to collaborate; women are caretakers.

I don’t believe this, because in a relationship, women are typically more comfortable with conflict than men are. In fact, women are more likely than men to bring up conflict in a relationship. And men are more likely to withdraw from conflict. (This last link is so fun. It’s dating tips for guys from AskMen.com – a site that is always right on target about how women think.)

Anyway, I think the reason women do poorly in negotiations is that women assume you should ask for what you want, but men know that’s not how the game is played. Men know that you need to be aware of what you want, but that’s not necessarily what you ask for.

So then it makes sense that men negotiate more than women because women are facing conflict head-on and men are not. It’s much easier to approach someone you are not going to instigate conflict with. So negotiations work best when you don’t assume you need to ask for exactly what you want.

Think of the sex example: If a guy approaches you for sex, you hang up on him. If he approaches you for lunch, you think he’s very sweet. And then later you have sex.

Salary is another situation where you are better off not asking for what you want. In salary negotiations, you always want to wait until the other person gives the number. Even though you know what you want, if you say the first number, your counterpart will tell you it is higher than he or she was planning to pay, no matter what the number is.

When someone asks how much money you want, a way to get out asking directly for the very high salary you really want is to say things like, “I want to consider the whole package not just salary” or “I want to make sure we are a good match before we talk about salary.” This forces the other person to give a number first, and then you can say you want more.

My friend Chris Yeh gave me another good example of when you should not ask for what you want: Founding a company. He said if you want advice, ask for money, and if you want money, ask for advice. For those of you who have dealt with investors, you’ll recognize that this is exactly how the world of startups works.

And based on my own experience of trying to date while running a startup, I think this might be true too: If you want to go into business with someone, ask them on a date. And if you want to date someone, go into business with them.