OnlyOnAOL: Why Nicole Richie strives to be 'open and vulnerable'

By: Donna Freydkin

Nicole Richie has her own clothing and jewelry line, House of Harlow 1960. And she's got a new TV show on NBC, "Great News."

But she is above all an empathetic and incredibly funny mom who very much appreciates the insane juggling act involving work and kids. (Watch our interview with another inspiring entrepreneur, Padma Lakshmi, above).

"I so respect you for doing this interview during dinner!" she exclaims, during an evening phone chat to discuss her conference, Pearl xChange, taking place in Los Angeles on November 5.

CFDA/Vogue Fashion Fund Fashion Show and TeaHer conference, which she's hosting, features a mix of experts, including author/actress Cameron Diaz and Julie Rice and Elizabeth Cutler, the co-founders of SoulCycle. Plus, the day includes her close friends, Who What Wear powerhouse Katherine Power and Sophia Rossi, one of the brains behind HelloGiggles.

"I wanted to start this conference to present information in a different way. It's about collaboration. It's about how we as women have to approach each other. We have to be open and vulnerable," says Richie.

She relies on the women in her life for advice, laughter, support and everything in between.

"My friends have been my friends since I was three years olds. We're all very different. We celebrate our differences. We don't feel like we need to dress the same," she says.

Daily Front Row's Fashion Los Angeles AwardsHer goal now: "I want to help millennial girls understand that you can have whatever you want but you can't do it alone. We need to encourage each other. We have to be open and supportive."

Richie, the mom of Harlow and Sparrow, is expanding her brand into the lifestyle category.

"Right now I'm just trying to get the conversation going and focusing on helping other women to see each other in a different light," she says. "I'll be moving into home next. What I love and appreciate about the women I have in my life is how forthcoming they are with information. We're all confident enough to know that we don't need to do everything the same."

Buy tickets here.

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