How To Close The Inequality Wealth Gap According To 5 Black Women In Finance

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I spoke with five women about what drives them and their advice for minorities and women pursuing financial freedom.

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I think that one of the most important skills is the ability to self-advocate. Raise your hand. Ask why. The idea that you can keep your head down, do great work, and that the work will speak for itself suggests that we live in a world where every opportunity is given equally. We’ve got to assert ourselves for opportunities and know the worth of our work and our ideas.

I was watching the news with my dad, and there was a story that came up about women making 70% of what men make. That was about 20 years ago, and it’s funny how much those statistics haven’t changed much. This was a pivotal moment for me because I learned at an early age that my experience as a woman in business would likely be very different from my male counterparts.

Wealth, to me, means that there are no limits to the possibilities in your life. Through the women that I serve every day and through my podcast, I generate these conversations where I talk candidly about how you can start wealth building habits today. There’s such a misconception that wealth is an endpoint, but wealth really begins with the small actions you take today so that your future self can reap the benefits.

When I first started building a franchise system, I felt like this sector was overlooked due to the extensive amount of research, development, and time required to create a business model of this magnitude. So, with that being said, to become the first Black-woman-owned tax franchise system in the country was not only a historical moment for the company but also for the people within the community that had never believed that filling this space as possible.

While I am conscious about being a double minority in a minority community, my goal is always to be upfront about entrepreneurship with all of my clients. Being in business as a minority is not easy. As a matter of fact, there is a lot of harsh criticism about minority-owned businesses that surface nearly daily.

 

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