Martha Stewart Reveals the One Piece of Financial Advice She Still Returns to After 5 Decades as a Businesswoman (Exclusive)

Martha Stewart, a renowned figure in the business world, sat down with PEOPLE magazine to share her insights and experience in finance, accumulated over decades in her vast career. At 85, Stewart continues to lead her substantial business empire, Martha Stewart Living Omnimedia, which encompasses numerous media and merchandising avenues, generating hundreds of millions in annual revenue.

Stewart’s journey into entrepreneurship began on the trading floor, inspired by her father, who was also involved in the stock market. Despite her impressive accomplishments, she revealed that her formal business education is limited. She studied architectural history at Barnard College and attended a brief course at the New York Institute of Finance, which she candidly admits was challenging for her. Instead of relying on traditional education, Stewart credits her success to experiential learning.

“I’m a very good learner,” she told PEOPLE. “I learned how to cut sushi by watching [celebrity chef] Nobu [Matsuhisa]. After a while, he tested me, and I received a jacket with my name on it from Nobu — I’m very proud of that.” This philosophy extends beyond culinary skills to encompass her approach to finance and various other endeavours.

During a conversation at the inaugural Smart Money Social Club, Stewart shared her financial philosophies ahead of a live podcast recording with financial expert Vivian Tu. Throughout her extensive career on Wall Street, Stewart has received an abundance of advice — some solicited, others less welcome — but one piece of wisdom has particularly resonated with her over the years.

“Every day starts at zero, and you have to go from there,” she explained. “When it comes to finance, it’s essential to review your progress by the end of the day. Consider what you have earned and what you have learned.” This mindset reflects a discipline that has undoubtedly played a role in her enduring success.

Although she never attended a traditional business school, Stewart attributes her achievements to the experiences she has gathered and the insights she has gained along the way. Despite contemplating a potential enrolment at Harvard, she sees her unconventional education as a key factor in her flourishing career.

Stewart has also had the opportunity to guide others in their business journeys. When her company went public in 1999, a number of her employees gained significant financial rewards. Stewart advised many of them to consider investing in real estate. “Some bought houses in the Hamptons, others purchased apartments in Manhattan,” she recounted, noting that these investments have significantly appreciated in value over time.

Reflecting on her guiding principles, Stewart expressed fulfilment in seeing those she has advised thrive. “All of that makes me very happy,” she said, revealing a sense of pride in cultivating not just her own success but also that of others around her.

As Stewart continues to inspire many in the business community and beyond, her wealth of experience serves as a testament to the value of hands-on learning, perseverance, and the importance of daily reflection on one’s goals. Her story reinforces the idea that success can often come from unexpected paths, guided by a willingness to learn and adapt.