1 00:00:00,480 --> 00:00:04,000 Speaker 1: My guest is Dr Shanta Williams. She's the CEO of 2 00:00:04,160 --> 00:00:07,920 Speaker 1: Black Pearl Global Investments, is a black owned asset management 3 00:00:08,240 --> 00:00:11,680 Speaker 1: firm that's focused on reducing health disparities across the globe. 4 00:00:12,320 --> 00:00:15,880 Speaker 1: Black Pearls tagline, be Well Do Well captures the firm's 5 00:00:15,920 --> 00:00:19,880 Speaker 1: mission to invest in transformative companies around the world. Dr 6 00:00:19,920 --> 00:00:23,280 Speaker 1: Shanta earned a bachelor's degree from Western Salem State University 7 00:00:23,480 --> 00:00:27,480 Speaker 1: HUTH and a Master's of Business Administration from Queen's University 8 00:00:27,480 --> 00:00:30,880 Speaker 1: of Charlotte. She holds a doctorate in Integrated Medicine in 9 00:00:30,920 --> 00:00:35,720 Speaker 1: Biomedical Medicine from the Ohio State University. Please working with 10 00:00:35,720 --> 00:00:38,400 Speaker 1: to Money Making Conversations of Master Class. Dr Shanta Williams, 11 00:00:38,440 --> 00:00:41,760 Speaker 1: how are you doing? I am great, Thank you for 12 00:00:41,800 --> 00:00:44,640 Speaker 1: having me today. Well, I gotta say this to everybody. 13 00:00:44,640 --> 00:00:47,560 Speaker 1: You know, some people will probably only listen to this podcast, 14 00:00:48,080 --> 00:00:51,440 Speaker 1: but people who are viewing this path podcast, her background 15 00:00:51,560 --> 00:00:55,040 Speaker 1: is amazing. She has an amazing background, and there's not 16 00:00:55,200 --> 00:00:58,320 Speaker 1: some fake background, there's the reality. So so when I 17 00:00:58,360 --> 00:01:00,560 Speaker 1: look at your background, is that is that the background 18 00:01:00,560 --> 00:01:05,440 Speaker 1: that's tied to success that view? You know, Actually, the 19 00:01:06,040 --> 00:01:09,120 Speaker 1: two buildings right behind me our banks, um and so 20 00:01:09,280 --> 00:01:12,280 Speaker 1: I like to say my house is mostly windows. So 21 00:01:12,319 --> 00:01:14,080 Speaker 1: I say I wake up and I go to sleep 22 00:01:14,080 --> 00:01:17,080 Speaker 1: with money on my mind. Well, you know, I tell 23 00:01:17,120 --> 00:01:20,280 Speaker 1: people you know when you say that, because that's how 24 00:01:20,840 --> 00:01:23,200 Speaker 1: I'm not saying. I'm tying I see banks when I 25 00:01:23,240 --> 00:01:25,959 Speaker 1: go to sleep, which I which is a good thing now, 26 00:01:26,000 --> 00:01:28,600 Speaker 1: because you know you're always bankers. What runs out live 27 00:01:28,640 --> 00:01:30,320 Speaker 1: money is what runs out live. If you can see 28 00:01:30,360 --> 00:01:32,319 Speaker 1: something that motivates you to say I want to put 29 00:01:32,360 --> 00:01:34,559 Speaker 1: more money in that bank, and more money in that bank, 30 00:01:34,760 --> 00:01:36,600 Speaker 1: that means you're focused, and that means that there's a 31 00:01:36,680 --> 00:01:38,800 Speaker 1: drive that we all need to have. But I do 32 00:01:38,920 --> 00:01:42,080 Speaker 1: go to sleep with goals in mind. I do. I 33 00:01:42,080 --> 00:01:44,160 Speaker 1: always tell people that allows me to wake up because 34 00:01:44,160 --> 00:01:46,440 Speaker 1: a lot of people always say I'm not a morning person, 35 00:01:46,480 --> 00:01:49,040 Speaker 1: where I've always been a morning person, because I've always 36 00:01:49,080 --> 00:01:52,200 Speaker 1: went to sleep with goals and that when my clock 37 00:01:52,240 --> 00:01:54,160 Speaker 1: went off, I knew why I was getting up. Can 38 00:01:54,200 --> 00:01:57,040 Speaker 1: you talk about the whole process of how you tie 39 00:01:57,040 --> 00:02:02,800 Speaker 1: to sleep into making you successful when you wake up? Oh? Well, first, 40 00:02:02,840 --> 00:02:04,280 Speaker 1: I will say I'm a person since I'm not a 41 00:02:04,280 --> 00:02:07,400 Speaker 1: morning person. Um, but that doesn't mean I don't wake 42 00:02:07,480 --> 00:02:12,000 Speaker 1: up early in the morning. UM. Actually live by the 43 00:02:12,120 --> 00:02:14,360 Speaker 1: UM mantra that I need a full night of sleep 44 00:02:14,400 --> 00:02:17,040 Speaker 1: to be the best person I can be. So most 45 00:02:17,040 --> 00:02:19,440 Speaker 1: people are surprised that I sleep eight hours a night 46 00:02:19,480 --> 00:02:23,359 Speaker 1: at least um every night, UM, even when traveling. UM. 47 00:02:23,400 --> 00:02:25,960 Speaker 1: And I don't compromise on my sleep because a tired 48 00:02:26,040 --> 00:02:30,600 Speaker 1: mind UM this entire results. So for me, if I'm sleeping, UM, 49 00:02:30,680 --> 00:02:33,240 Speaker 1: I have a whole line down process at night. UM. 50 00:02:33,280 --> 00:02:35,640 Speaker 1: I try to stop all meetings, you know, at least 51 00:02:35,639 --> 00:02:37,800 Speaker 1: two hours before bed. I turn off all of the 52 00:02:37,880 --> 00:02:42,280 Speaker 1: electronic devices. I try to read something that's inspirational UM 53 00:02:42,280 --> 00:02:44,800 Speaker 1: really to help my mind calm down. But then you know, 54 00:02:44,880 --> 00:02:50,480 Speaker 1: take that moment to reflect um on what what's been done, what, um, 55 00:02:50,520 --> 00:02:53,320 Speaker 1: where I'm going, and then really just have a quiet 56 00:02:53,320 --> 00:02:56,200 Speaker 1: wine down. So I actually love sleeping. If if that 57 00:02:56,360 --> 00:02:59,480 Speaker 1: was a real hobby, it would be one of my hobbies. UM. 58 00:02:59,560 --> 00:03:01,640 Speaker 1: And I goal is to be able to sleep in 59 00:03:02,080 --> 00:03:04,640 Speaker 1: whenever I want. I can't do that just yet, but 60 00:03:05,120 --> 00:03:08,160 Speaker 1: I'm working on it. So just just that entail travel 61 00:03:08,360 --> 00:03:10,520 Speaker 1: or because it seems like when you do that, because 62 00:03:10,560 --> 00:03:13,840 Speaker 1: I'm gonna tell you something Chante or Dr Williams, I 63 00:03:13,880 --> 00:03:15,640 Speaker 1: had a problem with that, I had a problem with 64 00:03:15,800 --> 00:03:19,040 Speaker 1: understanding how to shut down, you know, And I would 65 00:03:19,080 --> 00:03:21,200 Speaker 1: tell people sometimes like I just got on that wheel 66 00:03:21,800 --> 00:03:24,560 Speaker 1: and just kept running and kept running. And it seemed 67 00:03:24,560 --> 00:03:28,680 Speaker 1: to me that that you understand the value of self 68 00:03:29,400 --> 00:03:31,960 Speaker 1: and which means ties to you know. Look, I don't 69 00:03:31,960 --> 00:03:37,800 Speaker 1: function well if I'm not talk to us about that. Yeah. Well, 70 00:03:38,120 --> 00:03:41,240 Speaker 1: with travel, I've found that I used to be one 71 00:03:41,240 --> 00:03:43,000 Speaker 1: of those people that if I'm flying into a city, 72 00:03:43,000 --> 00:03:45,280 Speaker 1: I'm a meeting with everybody I possibly can in it. 73 00:03:45,440 --> 00:03:47,520 Speaker 1: Every hour on the hour, I'm just meeting, meeting me 74 00:03:47,600 --> 00:03:51,600 Speaker 1: the meeting. UM. I stopped doing that really for two reasons. 75 00:03:51,600 --> 00:03:55,520 Speaker 1: It's exhausting and it means that your your body, your 76 00:03:55,520 --> 00:04:00,960 Speaker 1: brain is to go. UM. When I think about who 77 00:04:01,080 --> 00:04:05,280 Speaker 1: I aspired to be, UM, the person, the leader I 78 00:04:05,360 --> 00:04:08,000 Speaker 1: aspire to be for the entire firm, I know that. 79 00:04:08,280 --> 00:04:12,120 Speaker 1: UM in my brain at night, I really think, Um, 80 00:04:12,160 --> 00:04:15,080 Speaker 1: I'm thinking about their fifty one families. Um, that's how 81 00:04:15,080 --> 00:04:18,120 Speaker 1: many employees. We have, fifty one families that depend on 82 00:04:18,240 --> 00:04:22,040 Speaker 1: me to keep the vision solid in order to help 83 00:04:22,080 --> 00:04:25,120 Speaker 1: them get paid, to help them get raises, to you know, 84 00:04:25,240 --> 00:04:30,200 Speaker 1: push us all forward, and ultimately, UM, my brain really 85 00:04:30,240 --> 00:04:34,000 Speaker 1: needs to shut off at some point. Um. I started 86 00:04:34,040 --> 00:04:39,280 Speaker 1: doing this particular um print, this particular mantra UM. I 87 00:04:39,320 --> 00:04:41,400 Speaker 1: don't know if you've ever had this situation where you're 88 00:04:41,440 --> 00:04:44,159 Speaker 1: sleeping and all of a sudden, your brain just turns 89 00:04:44,200 --> 00:04:46,920 Speaker 1: on or you're trying to go to sleep, and your 90 00:04:46,920 --> 00:04:50,760 Speaker 1: brain won't shut down. Hate that hate that hate that 91 00:04:52,000 --> 00:04:54,719 Speaker 1: you know what, I say to myself now, not right now, 92 00:04:56,160 --> 00:04:59,880 Speaker 1: and it shuts you down. Yeah, and it takes a 93 00:05:00,080 --> 00:05:02,320 Speaker 1: It takes some practice and just saying not right now, 94 00:05:02,760 --> 00:05:04,560 Speaker 1: I mean and and I used to have to say 95 00:05:04,560 --> 00:05:08,160 Speaker 1: it out loud. I'm not going to focus on this 96 00:05:08,440 --> 00:05:12,400 Speaker 1: right now and focused on sleep or focused on reading. 97 00:05:12,720 --> 00:05:15,360 Speaker 1: Like literally, I've now had to train my brain this 98 00:05:15,440 --> 00:05:17,120 Speaker 1: is alright now. We're not gonna worry about that thing 99 00:05:17,120 --> 00:05:20,400 Speaker 1: because we're doing this thing and staying president. The momentum 100 00:05:20,520 --> 00:05:23,960 Speaker 1: actually helps, I think with that wine down process, because 101 00:05:24,279 --> 00:05:26,600 Speaker 1: you can't talk with what's already happened right it's in 102 00:05:26,640 --> 00:05:29,080 Speaker 1: the past, and you can't anticipate the future. Where you 103 00:05:29,120 --> 00:05:31,680 Speaker 1: are today right now is trying to wind down to 104 00:05:31,720 --> 00:05:34,480 Speaker 1: go to sleep. So I will tell myself not right 105 00:05:34,520 --> 00:05:37,000 Speaker 1: now a lot. Well, I'm gonna Jesus I'm gonna try 106 00:05:37,040 --> 00:05:39,320 Speaker 1: that because and not saying it happens a lot, but 107 00:05:39,400 --> 00:05:44,039 Speaker 1: I tell you sometimes, i'd say every quarter of the year, 108 00:05:44,080 --> 00:05:47,240 Speaker 1: every quarter period, I wake up and did an idea 109 00:05:47,360 --> 00:05:49,320 Speaker 1: coming to my head about one or two o'clock in 110 00:05:49,360 --> 00:05:51,000 Speaker 1: the morning, knowing because I get up, Earl, I get 111 00:05:51,040 --> 00:05:52,680 Speaker 1: up at four thirty in the morning during the week, 112 00:05:53,160 --> 00:05:56,080 Speaker 1: So so I'm already mad because I go look the 113 00:05:56,160 --> 00:05:58,919 Speaker 1: clock the potential sleep when it was shrinking and I 114 00:05:58,960 --> 00:06:01,840 Speaker 1: can't go to sleep. So not right now, I'm gonna 115 00:06:01,960 --> 00:06:03,960 Speaker 1: use that, and hopefully I don't have to use it 116 00:06:03,960 --> 00:06:07,200 Speaker 1: anytime soon. But it's usually tied to you know. I 117 00:06:07,279 --> 00:06:10,000 Speaker 1: I go to bed knowing that I have to do 118 00:06:10,120 --> 00:06:12,920 Speaker 1: something when I get up, and if somehow I wake up, 119 00:06:13,040 --> 00:06:15,520 Speaker 1: and then it just takes over my thought process and 120 00:06:15,560 --> 00:06:17,960 Speaker 1: it just becomes like are you kidding me? Are you 121 00:06:18,000 --> 00:06:21,599 Speaker 1: really kidding me? I can't go back to ridiculous. You know. 122 00:06:21,680 --> 00:06:24,520 Speaker 1: The interesting thing about you, Dr Williams, was that you know, 123 00:06:24,560 --> 00:06:27,440 Speaker 1: when I read in your credits and Winston Salem and 124 00:06:27,480 --> 00:06:30,359 Speaker 1: then when you got your masters from, and then also 125 00:06:30,400 --> 00:06:32,760 Speaker 1: where you got your doctorate from, and there were three 126 00:06:32,839 --> 00:06:35,440 Speaker 1: different academic arenas, but more important than the two that 127 00:06:35,440 --> 00:06:37,720 Speaker 1: stood out the most was the beginning and the end, 128 00:06:38,120 --> 00:06:41,560 Speaker 1: which is Winston Salem State and the Ohio State University. 129 00:06:42,120 --> 00:06:45,960 Speaker 1: Talk about your journey at Winston Salem State because each 130 00:06:46,000 --> 00:06:48,120 Speaker 1: experience was different from you. And why did you go 131 00:06:48,200 --> 00:06:51,919 Speaker 1: to an HBCU. Well, let let me so, I actually 132 00:06:51,960 --> 00:06:54,880 Speaker 1: got I went from undergrad straight to my doctorate. So 133 00:06:55,200 --> 00:06:57,440 Speaker 1: when Ohio State was in the middle, and then I 134 00:06:57,480 --> 00:07:02,760 Speaker 1: went to Queens Lakes, don't apologize no, but but the 135 00:07:03,080 --> 00:07:08,159 Speaker 1: way they rolled out so an HBCU UM that experience, UM, 136 00:07:08,200 --> 00:07:13,840 Speaker 1: I think prepared me for everything. There is a sense 137 00:07:14,000 --> 00:07:17,440 Speaker 1: of self, a sense of worth, a sense of value 138 00:07:18,160 --> 00:07:21,360 Speaker 1: that you get from community. One of the things that 139 00:07:21,440 --> 00:07:24,679 Speaker 1: tell young people is, yes, the college experience is about 140 00:07:24,720 --> 00:07:27,000 Speaker 1: you know, you get a diploma, but it's the people 141 00:07:27,080 --> 00:07:29,800 Speaker 1: that connect you. It's the people who surround you, the 142 00:07:30,240 --> 00:07:33,480 Speaker 1: arms that are wrapped around you, um figuratively and going 143 00:07:33,520 --> 00:07:36,320 Speaker 1: to an HBC you every single one of my colleagues 144 00:07:36,360 --> 00:07:39,280 Speaker 1: that went to an HBC you didn't get lost in corporate. 145 00:07:39,320 --> 00:07:40,720 Speaker 1: They didn't get lost, and they went to a p 146 00:07:40,960 --> 00:07:44,520 Speaker 1: W I later they knew who they were. And I 147 00:07:44,560 --> 00:07:47,480 Speaker 1: think that is a very unique experience that you only 148 00:07:47,520 --> 00:07:51,560 Speaker 1: get at a at a Black school UM really because 149 00:07:52,200 --> 00:07:55,480 Speaker 1: those professors are there really with a mission and a 150 00:07:55,520 --> 00:07:59,200 Speaker 1: mandate to really arm us to take on whatever UM. 151 00:07:59,200 --> 00:08:01,040 Speaker 1: I know, when, at least when I was coming up, 152 00:08:01,040 --> 00:08:04,800 Speaker 1: there's a lot of stereotypes about HBCUs UM. You know, 153 00:08:04,880 --> 00:08:08,400 Speaker 1: you couldn't get in somewhere else. UM actually chose not 154 00:08:08,440 --> 00:08:11,280 Speaker 1: to go to Florida State to go to HBCU UM. 155 00:08:11,320 --> 00:08:14,280 Speaker 1: And so for me, it was very intentional to make 156 00:08:14,280 --> 00:08:17,960 Speaker 1: sure that who I was was solid and grounded. My 157 00:08:18,040 --> 00:08:21,080 Speaker 1: family is a close knit family. I grew up in church, 158 00:08:21,120 --> 00:08:24,360 Speaker 1: and I really wanted to make sure that my preparation 159 00:08:24,480 --> 00:08:27,360 Speaker 1: for my career was going to continue to center around 160 00:08:27,360 --> 00:08:31,200 Speaker 1: me being a solid human that's really focused on getting 161 00:08:31,240 --> 00:08:35,560 Speaker 1: back making impacts and taking these educational tools for We'll 162 00:08:35,600 --> 00:08:39,000 Speaker 1: be right back with more Money Making Conversations master Class 163 00:08:39,000 --> 00:08:44,720 Speaker 1: with Rashan McDonald. Now, let's return to Money Making Conversations 164 00:08:45,000 --> 00:08:48,760 Speaker 1: master Class with Rashan McDonald. Now that's just going through 165 00:08:48,760 --> 00:08:51,440 Speaker 1: the academy wonder correctly. So you went from Western Salem 166 00:08:51,480 --> 00:08:55,719 Speaker 1: State to the Ohio State University, or you got your 167 00:08:55,880 --> 00:09:00,400 Speaker 1: doctorate in medicine and then you got a master's in 168 00:09:00,520 --> 00:09:06,040 Speaker 1: business administration okay, okay, so usually people just cool with 169 00:09:06,080 --> 00:09:09,840 Speaker 1: the masters and business administration. Okay, but you got it. 170 00:09:09,920 --> 00:09:12,199 Speaker 1: But you're a doctor to go get a master. Talk 171 00:09:12,280 --> 00:09:15,680 Speaker 1: to us about that journey right there, because I wrote, 172 00:09:15,679 --> 00:09:20,439 Speaker 1: I always write all my credits down, So me Rashan thinking, okay, 173 00:09:20,480 --> 00:09:22,560 Speaker 1: this is the order, and she did this, she did this, 174 00:09:22,640 --> 00:09:25,360 Speaker 1: she did this, she an excuse me, excuse me? I 175 00:09:25,400 --> 00:09:28,160 Speaker 1: went from here to my doctorate? Did I? When he 176 00:09:28,240 --> 00:09:32,679 Speaker 1: got my masters? Why that order? Oh? So the order? 177 00:09:32,960 --> 00:09:35,080 Speaker 1: UM really interesting. I thought I was going to be 178 00:09:35,120 --> 00:09:39,280 Speaker 1: a clinician. Um. I was in neuro oncology neurosurgery, halfway 179 00:09:39,320 --> 00:09:43,480 Speaker 1: between clinic and surgery and making drugs, and I thought 180 00:09:43,520 --> 00:09:46,520 Speaker 1: that's what I was to be doing. And along the 181 00:09:46,559 --> 00:09:50,320 Speaker 1: way I started realizing I love this medical stuff, but 182 00:09:50,360 --> 00:09:53,000 Speaker 1: I also want to do something else. You know, you 183 00:09:53,040 --> 00:09:55,120 Speaker 1: start to see the life that you're going to be 184 00:09:55,640 --> 00:09:58,640 Speaker 1: very soon, and I wanted some aspects of it, but 185 00:09:58,679 --> 00:10:01,280 Speaker 1: not all of it. And so I was very fortunate. Um. 186 00:10:01,320 --> 00:10:04,360 Speaker 1: This is where mentors, um and advisors really come into play. 187 00:10:04,679 --> 00:10:07,120 Speaker 1: They said, are you sure you want to change? And 188 00:10:07,160 --> 00:10:09,920 Speaker 1: I said, well I think I knew, So they of 189 00:10:09,960 --> 00:10:11,880 Speaker 1: course had me stay on the course and keep the 190 00:10:11,880 --> 00:10:14,240 Speaker 1: clinical stuff. But then they started introducing me to all 191 00:10:14,280 --> 00:10:18,080 Speaker 1: of this other financial stuff. And what I realized is 192 00:10:18,240 --> 00:10:21,360 Speaker 1: I took to the finance stuff like bitch. UM. I 193 00:10:21,400 --> 00:10:25,319 Speaker 1: had never taken a business class before UM going into 194 00:10:25,880 --> 00:10:29,120 Speaker 1: UM my first corporate job, and I was really good 195 00:10:29,160 --> 00:10:32,640 Speaker 1: at it. UM. So for me, the doctorate helped me 196 00:10:32,720 --> 00:10:35,280 Speaker 1: to see, yes, you have these talents and passions, but 197 00:10:35,360 --> 00:10:38,079 Speaker 1: you don't know what you don't know. You don't know UM, 198 00:10:38,120 --> 00:10:40,120 Speaker 1: you're not exposed to this other I didn't even know 199 00:10:40,240 --> 00:10:43,560 Speaker 1: the field existed, honestly, and once I got exposed, it 200 00:10:43,600 --> 00:10:46,360 Speaker 1: was like, oh, I can do this. And I started 201 00:10:46,360 --> 00:10:47,760 Speaker 1: working with somebody else and I went I can do 202 00:10:47,760 --> 00:10:52,040 Speaker 1: it myself. So the the NBA came along really because 203 00:10:52,160 --> 00:10:54,960 Speaker 1: I was looking to make sure that I had not 204 00:10:55,120 --> 00:10:57,960 Speaker 1: only that health care underpinions, because my job was really 205 00:10:57,960 --> 00:11:01,880 Speaker 1: to help people understand the medical stuff. But I started 206 00:11:01,920 --> 00:11:04,880 Speaker 1: financially modeling at a really high level and people wouldn't 207 00:11:04,920 --> 00:11:06,600 Speaker 1: assume it came from me, and I was like, you 208 00:11:06,640 --> 00:11:09,680 Speaker 1: know what, fine an NBA. Later, I learned that the 209 00:11:09,880 --> 00:11:14,560 Speaker 1: PhD n B a UM coupling is the most profitable 210 00:11:14,679 --> 00:11:17,200 Speaker 1: degree coupling UM that you can have. So I guess 211 00:11:17,240 --> 00:11:20,600 Speaker 1: I made a right choice, absolutely, and congratulations. So that 212 00:11:20,679 --> 00:11:23,320 Speaker 1: the journey of means that you overcome you you know, 213 00:11:23,559 --> 00:11:25,640 Speaker 1: the changes a lot and I see a lot in 214 00:11:25,679 --> 00:11:28,160 Speaker 1: your life. You know that change is positive, but change 215 00:11:28,200 --> 00:11:30,920 Speaker 1: also comes with fear because fear is tied that I known. 216 00:11:31,280 --> 00:11:33,839 Speaker 1: How did you like? You said you mentioned mentors, and 217 00:11:33,960 --> 00:11:36,040 Speaker 1: the mentors were the people you went to when you 218 00:11:36,080 --> 00:11:39,240 Speaker 1: were indecisive, are sure and kept you focused on your 219 00:11:39,280 --> 00:11:44,520 Speaker 1: bottom line, which is your dream. Um. Yes, my mentors 220 00:11:44,720 --> 00:11:47,880 Speaker 1: were people who said, you know, if you're gonna choose 221 00:11:47,880 --> 00:11:49,520 Speaker 1: the crep path, you've got to do this thing, so 222 00:11:49,679 --> 00:11:52,080 Speaker 1: you might as well love it. And so every time 223 00:11:52,120 --> 00:11:55,880 Speaker 1: I was really unsure where I said, they encouraged me 224 00:11:56,000 --> 00:11:59,680 Speaker 1: to explore, be open to other things over the subject, 225 00:11:59,720 --> 00:12:03,440 Speaker 1: feel to other fields. And those mentors really, you know, 226 00:12:03,559 --> 00:12:06,840 Speaker 1: came and um came in the clutch when you know, 227 00:12:06,880 --> 00:12:09,239 Speaker 1: I think my parents were looking at me like, Okay, 228 00:12:09,480 --> 00:12:11,400 Speaker 1: you have been on this past to be in the 229 00:12:11,440 --> 00:12:14,640 Speaker 1: clinic and be a clinician for so long and now 230 00:12:14,720 --> 00:12:18,320 Speaker 1: you're gonna take a hard left out of it. And 231 00:12:18,360 --> 00:12:20,199 Speaker 1: I think when you talk about fear, you know, I 232 00:12:20,240 --> 00:12:22,200 Speaker 1: don't want to let my parents and my family down, 233 00:12:23,200 --> 00:12:25,040 Speaker 1: but you know, saying I'm gonna go into business. They 234 00:12:25,040 --> 00:12:28,080 Speaker 1: were like okay, UM, and then saying I'm gonna leave 235 00:12:28,120 --> 00:12:32,559 Speaker 1: corporate to start my own business. They really started to say, oh, UM, 236 00:12:32,600 --> 00:12:34,720 Speaker 1: are you sure because you did all this other stuff? 237 00:12:34,840 --> 00:12:36,439 Speaker 1: And I said, but I'm like you, I'm bringing all 238 00:12:36,440 --> 00:12:39,760 Speaker 1: of that experience with me. So all of the mentors 239 00:12:39,920 --> 00:12:43,720 Speaker 1: UM that surrounded me um and to continue to surround 240 00:12:43,840 --> 00:12:48,720 Speaker 1: me UM really say, UM, keep following what you want 241 00:12:48,800 --> 00:12:51,720 Speaker 1: to do, not the expectations of what other people want 242 00:12:51,760 --> 00:12:55,080 Speaker 1: you to do. UM. I always hear my grandmother's um 243 00:12:55,280 --> 00:12:57,280 Speaker 1: voice in my head when she used to always say 244 00:12:57,280 --> 00:12:58,880 Speaker 1: when I was little, it's your saying do what you 245 00:12:58,920 --> 00:13:03,240 Speaker 1: wanna do, UM. And that's really what my mentors are saying. 246 00:13:03,280 --> 00:13:06,640 Speaker 1: You know, if you're good at saying this isn't right, 247 00:13:06,800 --> 00:13:09,760 Speaker 1: you know, try something else. And I try to now 248 00:13:10,360 --> 00:13:14,040 Speaker 1: enter into every situation with a hard yess. It's a 249 00:13:14,040 --> 00:13:16,120 Speaker 1: hard yest for me. If I'm really into it, I'm 250 00:13:16,120 --> 00:13:18,600 Speaker 1: gonna try it. If I'm really interested, I'm gonna try it. 251 00:13:18,679 --> 00:13:20,640 Speaker 1: And it's like, oh, I don't know, I don't know 252 00:13:20,679 --> 00:13:24,520 Speaker 1: if that's worth my time because being uncertain or squishy 253 00:13:24,679 --> 00:13:26,800 Speaker 1: that that's your body. I think that's your good, that's 254 00:13:26,800 --> 00:13:29,760 Speaker 1: your interesting is telling you this ain't ain't right for me. 255 00:13:29,840 --> 00:13:33,720 Speaker 1: So for me, it's really having those people that encourage 256 00:13:33,760 --> 00:13:36,000 Speaker 1: me to not be so tied to a title or 257 00:13:36,040 --> 00:13:39,680 Speaker 1: a position, but really say, where is the path lead to? 258 00:13:39,800 --> 00:13:43,440 Speaker 1: What's the next step? Wow, I'm talking to Dr Seante Williams, 259 00:13:43,600 --> 00:13:47,040 Speaker 1: she's the seal. Black Pearl Global Investments is a black 260 00:13:47,080 --> 00:13:51,200 Speaker 1: owned asset management firm that's focused on reducing health disparities 261 00:13:51,240 --> 00:13:54,200 Speaker 1: across the globe. Let's talk about the company, Black Pearl 262 00:13:54,240 --> 00:13:58,080 Speaker 1: Global Investments. How did this start? How did you get 263 00:13:58,120 --> 00:14:02,720 Speaker 1: involved with the concept because it all started with a dream, 264 00:14:02,720 --> 00:14:07,560 Speaker 1: But how did that dream manifest itself into reality? So 265 00:14:07,640 --> 00:14:10,240 Speaker 1: that's a really good story. I'll tell you and take 266 00:14:10,280 --> 00:14:15,559 Speaker 1: your time. It's your show now. Okay. My first firm 267 00:14:15,600 --> 00:14:19,040 Speaker 1: was a b diligenous firm. Um it was doing very well. 268 00:14:19,240 --> 00:14:21,800 Speaker 1: I was proud of myself for starting from zero and 269 00:14:21,880 --> 00:14:24,080 Speaker 1: you know, I hain myself. That was my full time 270 00:14:24,080 --> 00:14:26,000 Speaker 1: gig and I was so proud of it. And I 271 00:14:26,080 --> 00:14:28,440 Speaker 1: started to do community advocacy work and I happen to 272 00:14:28,440 --> 00:14:32,200 Speaker 1: be talking about the impact capital can have an investments 273 00:14:32,240 --> 00:14:34,680 Speaker 1: can have in a community. And I'm talking to a 274 00:14:34,680 --> 00:14:38,520 Speaker 1: group of Presbyterian pastors and one of the pastors comes 275 00:14:38,600 --> 00:14:40,000 Speaker 1: up to me, who was a wit and sailor say 276 00:14:40,040 --> 00:14:44,200 Speaker 1: the Love, says, you know, hey, fellow Love, UM, I 277 00:14:44,320 --> 00:14:46,800 Speaker 1: have someone at my church that you really should meet 278 00:14:47,560 --> 00:14:49,840 Speaker 1: and say when you come to my church. And I'm like, oh, 279 00:14:49,920 --> 00:14:51,440 Speaker 1: this guy is trying to get me become a church show. 280 00:14:52,040 --> 00:14:56,800 Speaker 1: I'm a p K already, so I'm like, Okay, to 281 00:14:56,960 --> 00:15:01,400 Speaker 1: the church. And I just sat through a really beautiful 282 00:15:01,440 --> 00:15:04,440 Speaker 1: woman's saying service and it happened to be Um, the 283 00:15:04,480 --> 00:15:09,320 Speaker 1: first female surgeon for Charlotte. She was just amazing and 284 00:15:09,400 --> 00:15:13,280 Speaker 1: she was talking about taking off the bill Um. And 285 00:15:13,560 --> 00:15:17,040 Speaker 1: after the service, I I went up to Pat and said, 286 00:15:17,040 --> 00:15:19,800 Speaker 1: oh you came. I think he was surprised to Um. 287 00:15:20,000 --> 00:15:23,680 Speaker 1: And so he introduced me to Dr carl Smart. Um 288 00:15:23,920 --> 00:15:27,240 Speaker 1: and Dr Smart and I probably talked for five minutes, 289 00:15:27,400 --> 00:15:31,080 Speaker 1: no more. And he was interested in investing and he 290 00:15:31,160 --> 00:15:33,920 Speaker 1: was like okay. So we shased numbers and then we 291 00:15:34,000 --> 00:15:36,920 Speaker 1: did not connect again for another year. Um. We played 292 00:15:36,920 --> 00:15:40,600 Speaker 1: phone tag, YadA YadA, and finally he says, oh, hey, 293 00:15:40,720 --> 00:15:44,160 Speaker 1: finally got you. We meet they after Thankgiving and he says, 294 00:15:45,160 --> 00:15:47,400 Speaker 1: I've seen what you're doing. I've been following for a while. 295 00:15:47,400 --> 00:15:49,160 Speaker 1: I think he was secretly vetting me to make sure 296 00:15:49,200 --> 00:15:52,680 Speaker 1: I was, you know, the real deal. And he said, 297 00:15:52,840 --> 00:15:54,960 Speaker 1: but I don't think what you're doing now is big enough. 298 00:15:56,080 --> 00:15:59,440 Speaker 1: And you know, when you get that kind of feedback 299 00:15:59,440 --> 00:16:03,680 Speaker 1: from somebody, you Okay, what's I said? Because you you 300 00:16:03,760 --> 00:16:05,480 Speaker 1: just said earlier, you know, I was doing my thing, 301 00:16:05,680 --> 00:16:07,800 Speaker 1: my startup, I was feeling good or make a little money, 302 00:16:08,120 --> 00:16:11,520 Speaker 1: and then somebody tells you, I don't think what you 303 00:16:11,640 --> 00:16:14,560 Speaker 1: do it is big enough. How did you react to that? 304 00:16:16,520 --> 00:16:19,240 Speaker 1: You know, in my head, I think I had a decision. Tree. 305 00:16:19,360 --> 00:16:22,280 Speaker 1: I can be highly offended. I just gotta know what 306 00:16:22,320 --> 00:16:25,720 Speaker 1: I'm talking about. All I can listen, right I can. 307 00:16:25,880 --> 00:16:28,080 Speaker 1: I can hear what he has to say. UM. And 308 00:16:28,080 --> 00:16:30,320 Speaker 1: he didn't say, you know, ruined rock toiling, but he 309 00:16:30,320 --> 00:16:31,840 Speaker 1: was like, yeah, have just saying it. And I'm like 310 00:16:31,880 --> 00:16:35,240 Speaker 1: this saying later and myself, you know, I I'm I'm entrepreneurial. 311 00:16:36,080 --> 00:16:39,040 Speaker 1: And I listened and I really mean it. And he says, 312 00:16:39,600 --> 00:16:43,240 Speaker 1: I think you could be doing far greater. You can 313 00:16:43,280 --> 00:16:46,880 Speaker 1: have an impact using the knowledge you have. UM, I 314 00:16:46,960 --> 00:16:49,040 Speaker 1: do have an interest in this, but you know, would 315 00:16:49,080 --> 00:16:51,920 Speaker 1: you be interested maybe just talking about how because he's 316 00:16:52,080 --> 00:16:53,760 Speaker 1: a critical care of pulmon knowlogy that has been a 317 00:16:53,800 --> 00:16:58,440 Speaker 1: surgeon for um about thirty years. And he said, I 318 00:16:58,480 --> 00:17:02,440 Speaker 1: think with our health care expertiy ease he's done investing separately. 319 00:17:02,440 --> 00:17:06,320 Speaker 1: I've done investing separately. If we joined together, we can 320 00:17:06,440 --> 00:17:12,879 Speaker 1: start impacting uh black people's healthcare from a different perspective. 321 00:17:13,160 --> 00:17:16,080 Speaker 1: We have the experience, we have the cash, We can 322 00:17:16,119 --> 00:17:19,359 Speaker 1: invest in things that we moved the neogle and we 323 00:17:19,400 --> 00:17:21,199 Speaker 1: can do it not just here. We can do it 324 00:17:21,240 --> 00:17:23,200 Speaker 1: for folks and diaspora. We can do it for folks 325 00:17:23,240 --> 00:17:26,199 Speaker 1: in the Caribbean. We can do it for folks in Africa. 326 00:17:26,400 --> 00:17:29,320 Speaker 1: I wasn't thinking global. I live in Charlotte, North Carolina, 327 00:17:29,400 --> 00:17:31,000 Speaker 1: and I was proud to be doing the work I 328 00:17:31,040 --> 00:17:33,439 Speaker 1: was doing for the companies in my you know, my 329 00:17:33,480 --> 00:17:38,200 Speaker 1: little spear, I would say, between Charlotte Atlanta, and that 330 00:17:38,400 --> 00:17:42,840 Speaker 1: got my mind kind of gone okay. So we started 331 00:17:42,880 --> 00:17:46,200 Speaker 1: talking about what we would invest in, UM, what kind 332 00:17:46,240 --> 00:17:48,440 Speaker 1: of impact we wanted to see, what kind of outcomes 333 00:17:48,440 --> 00:17:52,399 Speaker 1: we wanted to see, And that day Black Pearl was born. 334 00:17:52,840 --> 00:17:55,920 Speaker 1: UM we said, okay, let's see what we can do. 335 00:17:56,640 --> 00:18:00,520 Speaker 1: UM actually sold my purse firm. You know, I let 336 00:18:00,520 --> 00:18:03,159 Speaker 1: it go knowing that this next thing is going to 337 00:18:03,200 --> 00:18:05,520 Speaker 1: be an adventure. The next thing is gonna be a 338 00:18:05,600 --> 00:18:08,159 Speaker 1: journey that maybe we'll reach more people. I now had 339 00:18:08,160 --> 00:18:11,200 Speaker 1: a partner, because I was a solo prenewer before. Now 340 00:18:11,240 --> 00:18:13,680 Speaker 1: I have a partner. And we started saying, what do 341 00:18:13,800 --> 00:18:15,160 Speaker 1: we need? What do we need? What do we need? 342 00:18:15,200 --> 00:18:19,240 Speaker 1: The name black Pearl has two meanings. Um. Black pearl 343 00:18:19,440 --> 00:18:23,320 Speaker 1: is one of the most rare and most expensive jewels 344 00:18:23,400 --> 00:18:28,840 Speaker 1: you can buy naturally. Um, And we started saying, you know, 345 00:18:28,920 --> 00:18:31,879 Speaker 1: our health is a jewel. Black people are a jewel. 346 00:18:31,960 --> 00:18:33,720 Speaker 1: We need to be protecting that, we need to be 347 00:18:33,760 --> 00:18:36,480 Speaker 1: investing in that, we need to her arms around that. 348 00:18:36,600 --> 00:18:39,280 Speaker 1: So black Pearl is like, oh yeah, that's gonna be us. 349 00:18:40,040 --> 00:18:44,720 Speaker 1: But then we learned Carl was watching, um a movie 350 00:18:44,960 --> 00:18:47,600 Speaker 1: Ours of the Arabian and the Black Pearl was the 351 00:18:48,119 --> 00:18:51,600 Speaker 1: pirate ship that could not be caught. And so there's 352 00:18:51,640 --> 00:18:56,400 Speaker 1: a double meaning there. Um, we are both valuable and rare. 353 00:18:56,720 --> 00:19:00,119 Speaker 1: And you know there's some mistake. You know, as own 354 00:19:00,160 --> 00:19:02,320 Speaker 1: as we are staying on our path, no one's going 355 00:19:02,359 --> 00:19:04,480 Speaker 1: to catch us because we're doing what we're supposed to 356 00:19:04,480 --> 00:19:07,280 Speaker 1: be doing. And so that's how we found two other 357 00:19:07,320 --> 00:19:10,199 Speaker 1: partners that can feel some gaps and I don't have 358 00:19:10,240 --> 00:19:13,199 Speaker 1: a hard technology backgrounds. We found a partner for that. 359 00:19:13,280 --> 00:19:15,920 Speaker 1: We got one more partner that really had a deep 360 00:19:15,920 --> 00:19:20,760 Speaker 1: diving entrepreneurship and business as well. The four of us together, 361 00:19:20,800 --> 00:19:23,000 Speaker 1: I feel like we amna saying I'm Captain Plannett. Like 362 00:19:23,040 --> 00:19:26,159 Speaker 1: our powers combined and Black Girl came forward, and it 363 00:19:26,280 --> 00:19:29,800 Speaker 1: came forward really to write checks into companies as a start. 364 00:19:30,280 --> 00:19:34,760 Speaker 1: Fast forward. Five years later, we have written checks venture capital, 365 00:19:34,960 --> 00:19:41,240 Speaker 1: we have made loans, we have uh acquired companies. We 366 00:19:41,400 --> 00:19:45,040 Speaker 1: have launched an office in Kingston, Jamaica, and we have 367 00:19:45,080 --> 00:19:47,840 Speaker 1: an office at Acros Ghana um We have a health 368 00:19:47,880 --> 00:19:52,280 Speaker 1: Advisory um ARM that helps develop people of workforce development. 369 00:19:52,480 --> 00:19:55,720 Speaker 1: And it all started from me not being offended from 370 00:19:55,720 --> 00:19:58,800 Speaker 1: the feedback. We're really saying, let me listen to the feedback. 371 00:19:59,359 --> 00:20:01,520 Speaker 1: I love it. I love it. We'll be right back 372 00:20:01,560 --> 00:20:05,639 Speaker 1: with more Money Making Conversations Master Class with Rushan McDonald. 373 00:20:07,720 --> 00:20:11,880 Speaker 1: Now let's return to Money Making Conversations master Class with 374 00:20:11,960 --> 00:20:15,760 Speaker 1: Rashan McDonald. I always tell people I wake up, dumb, 375 00:20:16,080 --> 00:20:18,320 Speaker 1: just make that statement that way. I'm willing to accept 376 00:20:18,320 --> 00:20:20,040 Speaker 1: information it's given to you. But if you wake up, 377 00:20:20,080 --> 00:20:22,080 Speaker 1: thank you nor at all, you know you can miss 378 00:20:22,119 --> 00:20:24,399 Speaker 1: something that moment was right there. If you had a 379 00:20:24,480 --> 00:20:27,840 Speaker 1: nor at all personality ride to dominate your spirit or 380 00:20:27,880 --> 00:20:31,400 Speaker 1: your soul, then you would amiss black pearl ever being 381 00:20:31,440 --> 00:20:35,800 Speaker 1: a possibility. But when you say word black pearl and investments, 382 00:20:35,840 --> 00:20:39,280 Speaker 1: that's what my audience wants to hear. Investment. What will 383 00:20:39,359 --> 00:20:42,480 Speaker 1: you say investing this, investing it and it's in healthcare? 384 00:20:42,560 --> 00:20:47,240 Speaker 1: What are you talking about? So? Uh? For me, money 385 00:20:47,320 --> 00:20:49,959 Speaker 1: is a tool. UM. Just like a hammer, you can 386 00:20:50,040 --> 00:20:52,119 Speaker 1: either build or it can destroyer. I can hit you 387 00:20:52,119 --> 00:20:53,960 Speaker 1: in the head with the hammer and they'll they'll beat 388 00:20:53,960 --> 00:20:56,560 Speaker 1: you down right. UM. Money is a tool. So when 389 00:20:56,560 --> 00:20:59,320 Speaker 1: we talk about investing, we're looking for companies on the 390 00:20:59,320 --> 00:21:02,480 Speaker 1: adventure capital side of things that have high growth potential, 391 00:21:03,119 --> 00:21:05,639 Speaker 1: but they're coming up with discoveries that are new and 392 00:21:05,760 --> 00:21:09,560 Speaker 1: novel that are helping they reduce healthcare costs, that are 393 00:21:09,600 --> 00:21:13,879 Speaker 1: improving the outcomes, that are increasing access for populations that 394 00:21:13,960 --> 00:21:17,879 Speaker 1: didn't have UM that access or give you an example, UM. 395 00:21:17,920 --> 00:21:21,320 Speaker 1: Earlier this year we invested in a maternal healthcare company 396 00:21:21,520 --> 00:21:26,879 Speaker 1: called Mommy. Mommy is a company that UH build technology 397 00:21:26,880 --> 00:21:31,000 Speaker 1: to help black mothers get all of the resources they 398 00:21:31,080 --> 00:21:34,200 Speaker 1: need to have successful deliveries and then post part of 399 00:21:34,680 --> 00:21:37,960 Speaker 1: UM be able to cope with you know, new baby UM, 400 00:21:38,119 --> 00:21:40,520 Speaker 1: maybe some of the mental health aspects and really give 401 00:21:40,560 --> 00:21:44,480 Speaker 1: them a community, getting these practitioners to listen to them, 402 00:21:44,520 --> 00:21:46,439 Speaker 1: giving them alternatives whether they want to be in a 403 00:21:46,480 --> 00:21:49,520 Speaker 1: hospital or have natural birth. But we know from a 404 00:21:49,560 --> 00:21:54,520 Speaker 1: healthcare perspective, black mothers are going to are more likely 405 00:21:54,560 --> 00:21:57,920 Speaker 1: to suffer adverse effects, even if you haven't shared, even 406 00:21:57,960 --> 00:22:00,840 Speaker 1: if you have money, even if you you know, so 407 00:22:01,000 --> 00:22:04,800 Speaker 1: we know Williams had severe complications beyondt. I mean, these 408 00:22:04,840 --> 00:22:08,320 Speaker 1: are women with resources and I'm sure the best of 409 00:22:08,359 --> 00:22:11,680 Speaker 1: the best health care and they still had these other complications. 410 00:22:11,680 --> 00:22:14,200 Speaker 1: So that's the kind of company we put our money into. 411 00:22:14,320 --> 00:22:17,480 Speaker 1: Unadventure capital side, we right checks into companies that are 412 00:22:17,520 --> 00:22:22,239 Speaker 1: making an impact that can change the trajectory of you know, 413 00:22:22,520 --> 00:22:26,480 Speaker 1: women dying, babies, dyeing UM. We invest in companies that 414 00:22:27,280 --> 00:22:31,600 Speaker 1: make food cleaner, We invest in UM. We invest in 415 00:22:31,600 --> 00:22:34,480 Speaker 1: companies that can make the environment more healthy because when 416 00:22:34,480 --> 00:22:37,600 Speaker 1: we think about healthcare, we're thinking, you know again, if 417 00:22:37,680 --> 00:22:40,240 Speaker 1: you don't have your health, the rest of it's gonna 418 00:22:40,240 --> 00:22:42,080 Speaker 1: go the pot. Right, you can have all the money 419 00:22:42,080 --> 00:22:43,879 Speaker 1: in the world and your health crashes. Guess where your 420 00:22:43,880 --> 00:22:46,399 Speaker 1: money is going to go to fixing your health. So 421 00:22:46,520 --> 00:22:50,720 Speaker 1: we think about healthcare is really the center of our beings, 422 00:22:50,720 --> 00:22:54,520 Speaker 1: our universe. If you will and so will help, will 423 00:22:54,720 --> 00:22:57,760 Speaker 1: invest in things for economic mobility, will invest in things 424 00:22:57,800 --> 00:23:00,919 Speaker 1: for climate, will invest in things for right on the 425 00:23:00,960 --> 00:23:04,960 Speaker 1: nose healthcare direct practitioner care, UM, we will invest in 426 00:23:05,040 --> 00:23:08,320 Speaker 1: things that are transportation related. I mean, we are really 427 00:23:08,359 --> 00:23:11,600 Speaker 1: thinking about healthcare broadly because you can't just put on 428 00:23:11,600 --> 00:23:14,159 Speaker 1: one level. I think it's going to change everything. Well, 429 00:23:14,200 --> 00:23:17,480 Speaker 1: you know the thing about it is uh interview Tanya 430 00:23:17,560 --> 00:23:21,320 Speaker 1: Lewis Lee just a brilliant documentary that's really informative on 431 00:23:21,400 --> 00:23:26,440 Speaker 1: Hulu called Aftershock, which is about you know, inframortality, especially 432 00:23:26,560 --> 00:23:30,640 Speaker 1: in the African American community. And I hear you talk 433 00:23:30,680 --> 00:23:33,040 Speaker 1: about that just gives me, you know, flashback that there 434 00:23:33,080 --> 00:23:35,280 Speaker 1: are many warriors out there, and I consider you a 435 00:23:35,320 --> 00:23:38,679 Speaker 1: warrior who's out there from a financial perspective, trying to 436 00:23:38,760 --> 00:23:42,800 Speaker 1: change lives within our community and also giving up a 437 00:23:42,880 --> 00:23:47,240 Speaker 1: shot of delivering a healthy kid. When as I closed 438 00:23:47,280 --> 00:23:49,520 Speaker 1: this interview, and it's been a wonderful interview because your 439 00:23:49,560 --> 00:23:52,399 Speaker 1: life has so many beautiful pearls in it, I just 440 00:23:52,840 --> 00:23:55,280 Speaker 1: just use that and we use that pearl when when 441 00:23:55,320 --> 00:23:58,040 Speaker 1: we just talk about the academic training and making decisions 442 00:23:58,040 --> 00:24:01,400 Speaker 1: and not living yourself and saying that enough it's enough, 443 00:24:01,480 --> 00:24:04,879 Speaker 1: and being able to accept what I call constructive criticism 444 00:24:04,960 --> 00:24:08,080 Speaker 1: or comments because people told you they saw more on you, 445 00:24:08,320 --> 00:24:10,520 Speaker 1: that you can do more. A lot of people hear 446 00:24:10,600 --> 00:24:14,880 Speaker 1: that terminology fear or they could satisfy. I'm satisfied where 447 00:24:14,880 --> 00:24:17,439 Speaker 1: I'm at, but you saw it like, Okay, what are 448 00:24:17,440 --> 00:24:19,800 Speaker 1: you talking about? And I think more people should lean 449 00:24:19,880 --> 00:24:23,639 Speaker 1: in instead of pushing back when people approach them about 450 00:24:23,680 --> 00:24:27,120 Speaker 1: their gifts. Always talk about gifts and purpose. I feel 451 00:24:27,160 --> 00:24:31,160 Speaker 1: you're living your purpose because you're taking advantage of your gifts. 452 00:24:31,560 --> 00:24:35,000 Speaker 1: And as you talk about the next chapter and Black 453 00:24:35,000 --> 00:24:40,640 Speaker 1: plural global investments, what is it, Dr Shartha weaves, our 454 00:24:41,119 --> 00:24:45,840 Speaker 1: chapter really looks like UM expanding UM into other countries. UM. 455 00:24:45,960 --> 00:24:48,199 Speaker 1: So we're already on the continent of Africa, but we 456 00:24:48,240 --> 00:24:50,479 Speaker 1: will look to push into areas where a lot of 457 00:24:50,480 --> 00:24:53,080 Speaker 1: people are going East Africa, there are not a lot 458 00:24:53,119 --> 00:24:55,760 Speaker 1: of folks to playing money. UM. When we think about 459 00:24:55,760 --> 00:25:00,119 Speaker 1: the Caribbean really starting to support entrepreneurs there M when 460 00:25:00,119 --> 00:25:03,840 Speaker 1: we think about acquiring companies. We just acquired a contact 461 00:25:03,920 --> 00:25:07,399 Speaker 1: less manufacturing facility. I think it's really important. If we 462 00:25:07,440 --> 00:25:09,600 Speaker 1: want to control costs of health care and we want 463 00:25:09,600 --> 00:25:12,520 Speaker 1: to help more entrepreneurs get into the healthcare space, we've 464 00:25:12,560 --> 00:25:15,320 Speaker 1: got to reduce those barriers. So one way to do 465 00:25:15,359 --> 00:25:18,000 Speaker 1: that is controlling the supply chain. If I am the 466 00:25:18,040 --> 00:25:21,919 Speaker 1: direct manufacturer of something, I have a direct relationship with 467 00:25:22,000 --> 00:25:25,000 Speaker 1: the cost of something of that products and so I 468 00:25:25,080 --> 00:25:28,439 Speaker 1: can start to provide it to community at a price 469 00:25:28,520 --> 00:25:31,760 Speaker 1: that makes it affordable. Black people are disproportionately we're more 470 00:25:31,800 --> 00:25:35,800 Speaker 1: likely to have eye care issues. UM. But on the 471 00:25:35,800 --> 00:25:38,560 Speaker 1: flip side of that, if you're somebody who is let's 472 00:25:38,560 --> 00:25:42,879 Speaker 1: say creating the next beauty products or someone who's coming 473 00:25:42,960 --> 00:25:45,800 Speaker 1: up with a healthcare formulation, guess what you likely will 474 00:25:45,840 --> 00:25:49,560 Speaker 1: need to package your products and FDA regulator facility I 475 00:25:49,680 --> 00:25:54,080 Speaker 1: now have to UM and we have reconfigured our floor 476 00:25:54,080 --> 00:25:57,320 Speaker 1: plans to help other entrepreneurs come into that space, reducing 477 00:25:57,359 --> 00:25:59,720 Speaker 1: the costs. Really to start patching up their products. So 478 00:26:00,520 --> 00:26:02,920 Speaker 1: as we rode forward, we will look to see how 479 00:26:03,000 --> 00:26:05,840 Speaker 1: we can one continue to bring products into our portfolio 480 00:26:05,920 --> 00:26:09,080 Speaker 1: that reduce healthcare costs, but then how do we leverage 481 00:26:09,080 --> 00:26:12,360 Speaker 1: those assets to help other companies get ahead, whether that's 482 00:26:12,359 --> 00:26:15,840 Speaker 1: through expertise, whether that's through space, whether that's through us 483 00:26:15,920 --> 00:26:19,239 Speaker 1: really just saying, hey, if you need to use our 484 00:26:19,320 --> 00:26:21,440 Speaker 1: products to test whether or not your thing is going 485 00:26:21,480 --> 00:26:24,359 Speaker 1: to work, we're open to that. And that's where I 486 00:26:24,400 --> 00:26:26,320 Speaker 1: think the future for us is really going to be 487 00:26:26,400 --> 00:26:30,320 Speaker 1: headed helping businesses level up, but then also bringing in 488 00:26:30,640 --> 00:26:33,680 Speaker 1: practitioners people UM. One of our programs that I'm most 489 00:26:33,680 --> 00:26:36,880 Speaker 1: proud of is we take folks with UM no health 490 00:26:36,920 --> 00:26:40,200 Speaker 1: care skills, we help them get trained, and then they're 491 00:26:40,200 --> 00:26:42,560 Speaker 1: coming into the workforce at you know, the forty or 492 00:26:42,560 --> 00:26:46,000 Speaker 1: fifty dollars side of things versus the you know, ten 493 00:26:46,080 --> 00:26:48,960 Speaker 1: or fifteen dollars and our side of things. And that's 494 00:26:49,040 --> 00:26:51,520 Speaker 1: I'm really proud of because the more people we get 495 00:26:51,520 --> 00:26:54,920 Speaker 1: into health care, the more diverse voices we have, they're 496 00:26:54,960 --> 00:26:57,440 Speaker 1: the less likely thing is that people will get overseen 497 00:26:57,560 --> 00:27:01,200 Speaker 1: or overlooked when they say I have or they say something, 498 00:27:01,280 --> 00:27:03,560 Speaker 1: just is it right? And so I'm really proud of 499 00:27:03,600 --> 00:27:05,639 Speaker 1: the work we're doing today, and I look forward to 500 00:27:05,640 --> 00:27:08,200 Speaker 1: seeing that expand beyond North Carolina and to other states 501 00:27:08,200 --> 00:27:11,120 Speaker 1: and in other countries, and then leveraging all of these 502 00:27:11,160 --> 00:27:14,800 Speaker 1: facilities because we can marry those practitioners with the spaces, 503 00:27:14,840 --> 00:27:16,720 Speaker 1: and I think the future is going to be very 504 00:27:16,800 --> 00:27:19,200 Speaker 1: right if we continue to do that. Well, I'm telling 505 00:27:19,240 --> 00:27:22,160 Speaker 1: you your storytelling this is amazing. She is the CEO 506 00:27:23,240 --> 00:27:26,800 Speaker 1: Black Pearl Global and the investment firm that is changing 507 00:27:26,800 --> 00:27:29,840 Speaker 1: the healthcare of the African American columing not only domestically 508 00:27:29,880 --> 00:27:32,520 Speaker 1: but global people of color. Have They have a I 509 00:27:32,600 --> 00:27:35,080 Speaker 1: like to say, of an angel in the in their 510 00:27:35,280 --> 00:27:38,200 Speaker 1: corporate structure, is out there funding ways that we can 511 00:27:38,240 --> 00:27:40,320 Speaker 1: live a better life, a longer life, a life that 512 00:27:40,359 --> 00:27:43,399 Speaker 1: feels like we're part of the people care about us. Again, 513 00:27:43,400 --> 00:27:45,240 Speaker 1: I want to appreciate. I wanted to say, I appreciate 514 00:27:45,280 --> 00:27:47,480 Speaker 1: you taking the time, and all my interviews have their 515 00:27:47,560 --> 00:27:51,280 Speaker 1: special journeys. But I think from an academic standpoint, you're special. 516 00:27:51,600 --> 00:27:54,960 Speaker 1: From a lifestyle standpoint, you're special and for your calls. 517 00:27:55,040 --> 00:27:57,720 Speaker 1: So what you're doing out here in the community, as 518 00:27:57,800 --> 00:28:00,080 Speaker 1: we all goal is to make money, but ball you 519 00:28:00,119 --> 00:28:04,160 Speaker 1: can help people along the way. Isn't that a blessing? Yes, yes, 520 00:28:04,240 --> 00:28:06,399 Speaker 1: yes absolutely. I want to thank you for coming on 521 00:28:06,400 --> 00:28:10,320 Speaker 1: money Making Conversation Masterclass and we talked soon. Okay, absolutely, 522 00:28:10,320 --> 00:28:12,399 Speaker 1: thank you for having me. I appreciate you. It's been 523 00:28:12,440 --> 00:28:15,120 Speaker 1: ray Sean McDonald I hosted Money Making Conversation Masterclass