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Monica Cost

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Information about Monica Cost

Profile image of Monica Cost

Profession

Category:
BusinessMakers
Occupation(s):
Real Estate Broker

Favorites

Favorite Color:
Burgundy
Favorite Food:
Salmon, Mashed Potatoes
Favorite Time of Year:
Spring
Favorite Vacation Spot:
Aruba
Favorite Quote:
Failure is Not an Indication of Your Ability but Just a Need to Adjust Your Strategy.

Birthplace

Born:
1/18/1971
Birth Location:
Atmore, Alabama

Profession

Category:
BusinessMakers
Occupation(s):
Real Estate Broker

Favorites

Favorite Color:
Burgundy
Favorite Food:
Salmon, Mashed Potatoes
Favorite Time of Year:
Spring
Favorite Vacation Spot:
Aruba
Favorite Quote:
Failure is Not an Indication of Your Ability but Just a Need to Adjust Your Strategy.

Birthplace

Born:
1/18/1971
Birth Location:
Atmore
See how Monica Cost is related to other HistoryMakers

Biography

Real estate broker Monica Diane Cost was born on January 18, 1971 in Atmore, Alabama to Veronica Mason Hairston and Chalmers Hairston, III. Growing up in Philadelphia, Pennsylvania, Cost attended Samson Freedman Pre-School, Anna Blankston (A.B.) Day School, Abington Friends School and Baldie Middle School. Studying and working at Seafood America, Cost graduated fifth in her class from Lankenau College Preparatory School in 1988. At Hampton University, where she attended college for three years, Cost studied accounting and held internships at Mellon Bank and Prudential Insurance. Cost graduated in 1994, from Temple University with her B.S. degree in accounting and finance.

Hired by Prudential Insurance first as a healthcare benefits analyst then as an auditor, Cost traveled the country studying and correcting Prudential’s systems and controls. In 1996, Cost moved to Boston, Massachusetts, and joined TJX Companies as an auditor. Cost, while serving as TJX’s associate human relations officer, started diversity groups for women and people of color in 1998. In 1999, Cost was appointed finance analyst and in 2000, accounting supervisor. Accepting a job with Reebok in 2000, Cost was mentored by Jimmy Jones in human relations, and served as financial analyst, senior financial analyst and compensation analyst; she also participated in The Partnership, a leadership program to support aspiring people of color in the corporate world. In 2004, Cost joined Cushman and Wakefield and became the first African American and one of the youngest individuals to hold the operations manager position within that organization. Cost also became the first African American broker in the New England area for Cushman & Wakefield and the first African American female broker in a major real estate firm in Massachusetts.

Cost served on the boards of The Partnership and the Crittendon Women’s Union; she also was a participant on the advisory board of the Epiphany School and the planning committee for the Paul and Phyllis Fireman One Family Campaign, mentoring one of their scholars. Cost served as president of The Partnership Alumni organization and chaired the Girl Scouts’ Leading Women Awards. In 2006, Cost was a Leading Woman herself; in 2000 she was a YMCA Black Achiever; and in 2004 the Chamber of Commerce Future Leader. "The Boston Herald" named Cost one of The Hub’s Future Leaders. Cost counsels young professionals on how to succeed in business through her consulting firm, Evidently Assured (www.evidentlyassured.com). She has also been featured as a motivational speaker at Northeastern University, Boston University and the University of Suffolk.

Cost is the author of the blog "Out of Living in the Land of Make Believe."

A longtime resident of the Boston area, Cost is married to Donald M. Cost with two sons, Christopher and Cameron.

Monica Diane Cost was interviewed by The HistoryMakers on April 10, 2007.

See how Monica Cost is related to other HistoryMakers
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  • Tape: 1 Story: 1 - Slating of Monica Cost's interview, pt. 1
  • Tape: 1 Story: 2 - Slating of Monica Cost's interview, pt. 2
  • Tape: 1 Story: 3 - Monica Cost lists her favorites
  • Tape: 1 Story: 4 - Monica Cost describes her mother's family background
  • Tape: 1 Story: 5 - Monica Cost describes her mother's upbringing and education
  • Tape: 1 Story: 6 - Monica Cost describes her father's family background
  • Tape: 1 Story: 7 - Monica Cost recounts her father's disappearance
  • Tape: 1 Story: 8 - Monica Cost describes her parents and who she takes after
  • Tape: 1 Story: 9 - Monica Cost describes her earliest childhood memory
  • Tape: 1 Story: 10 - Monica Cost describes the sights, sounds and smells of growing up in Philadelphia, Pennsylvania's Mount Airy neighborhood
  • Tape: 1 Story: 11 - Monica Cost describes the roles of music and church in her childhood
  • Tape: 1 Story: 12 - Monica Cost describes her personality as a child
  • Tape: 2 Story: 1 - Monica Cost recalls the schools she attended in Philadelphia, Pennsylvania
  • Tape: 2 Story: 2 - Monica Cost describes her extracurricular activities at Lankenau High School in Philadelphia, Pennsylvania
  • Tape: 2 Story: 3 - Monica Cost recalls her early aspirations of becoming a businesswoman
  • Tape: 2 Story: 4 - Monica Cost recounts how she became a real estate broker
  • Tape: 2 Story: 5 - Monica Cost recalls influential teachers and mentors
  • Tape: 2 Story: 6 - Monica Cost describes Hampton University in Hampton, Virginia and Temple University in Philadelphia, Pennsylvania
  • Tape: 2 Story: 7 - Monica Cost recalls her African American studies professor at Temple University in Philadelphia, Pennsylvania
  • Tape: 2 Story: 8 - Monica Cost recounts her time at the Prudential Insurance Company
  • Tape: 2 Story: 9 - Monica Cost recalls moving to Boston, Massachusetts in 1995 and race relations there
  • Tape: 3 Story: 1 - Monica Cost describes working at TJX Companies in Boston, Massachusetts
  • Tape: 3 Story: 2 - Monica Cost describes working in finance and human resources for Reebok
  • Tape: 3 Story: 3 - Monica Cost talks about HistoryMaker Benaree P. Wiley, The Partnership, Inc. and joining Cushman & Wakefield
  • Tape: 3 Story: 4 - Monica Cost recounts how she became the first black female real estate broker at a major firm
  • Tape: 3 Story: 5 - Monica Cost describes how she negotiated the predominantly white male field of real estate brokering
  • Tape: 3 Story: 6 - Monica Cost describes her work as a real estate broker
  • Tape: 3 Story: 7 - Monica Cost describes her biggest agency deal and how she connects with clients
  • Tape: 3 Story: 8 - Monica Cost talks about her image consulting company, Evidently Assured
  • Tape: 4 Story: 1 - Monica Cost talks about her desire to write a book and to help individuals and firms network with one another
  • Tape: 4 Story: 2 - Monica Cost provides her advice for aspiring brokers
  • Tape: 4 Story: 3 - Monica Cost describes her hopes and concerns for the African American community
  • Tape: 4 Story: 4 - Monica Cost recalls obstacles she has overcome in her life
  • Tape: 4 Story: 5 - Monica Cost reflects upon her life and what she would do differently
  • Tape: 4 Story: 6 - Monica Cost reflects upon her legacy
  • Tape: 4 Story: 7 - Monica Cost describes her family
  • Tape: 4 Story: 8 - Monica Cost describes her late friend Daynese Jimerson-Forsey
  • Tape: 4 Story: 9 - Monica Cost describes how she would like to be remembered
  • Tape: 4 Story: 10 - Monica Cost narrates her photographs, pt. 1
  • Tape: 5 Story: 1 - Monica Cost narrates her photographs, pt.2