Reese Witherspoon shared how she maintains quality friendships today, telling a Boston audience it's important to 'edit your friendships.'
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“I was told not to put my own money in it several times by many, many advisors. I saw people who were taking money from studios, and I saw how watered down the product was. I saw that they were sitting on material that never got made,” Witherspoon explained of her decison to personally invest in her production company Hello Sunshine.
She continued, “And I thought if you were to function and do something differently, you have to think about it differently. And you have to capitalize it differently. So probably about a year and we had two of these three Oscar nominations, we had a television show that got done. And I couldn't keep the lights on.”“I approached my husband at the time and a business partner and retooled the business plan. And so we went ahead to raise capital, which was a whole lot of asking people for money.
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