WEBVTT - Black Women Navigating Generational Wealth from AfroTech Executive Brooklyn

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<v Speaker 1>At both the beginning and end of the day. This

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<v Speaker 1>podcast is about helping you find your way as a

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<v Speaker 1>black person to wealth, generation of wealth, in fact, wealth

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<v Speaker 1>that allows you to employ people, acquire assets, leave inheritances,

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<v Speaker 1>and liberal phenomenal life yourself. And we can't have a

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<v Speaker 1>conversation about wealth in the black community without highlighting how

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<v Speaker 1>black women build it. As there's nuance it's different for

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<v Speaker 1>Black people to build wealth and it is for white people,

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<v Speaker 1>and it's different for Black women than it often is

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<v Speaker 1>for black men. So today's conversation is one between more

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<v Speaker 1>and the bond who see your at Bravity And she's

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<v Speaker 1>talking with Samantha Tweeting, the Black Economic Alliance Foundation, the

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<v Speaker 1>coalition of black leaders and aligned advocates who are committed

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<v Speaker 1>to economic progress and prosperity in the Black community, and

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<v Speaker 1>the Trevia Smith Wilson, chief Marketing Equity Officer at Horizon Media,

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<v Speaker 1>which is the largest US media agency. Let's listen to

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<v Speaker 1>this conversation. So this is Samantha Tweetie um that she

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<v Speaker 1>is the first president of the b A Foundation. So

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<v Speaker 1>I'm gonna let you explain a little bit about b

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<v Speaker 1>A and b A Foundation so people know what's going on. Well, First,

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<v Speaker 1>thank you Morgan, thank you, Apporte, thank you, beautiful room.

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<v Speaker 1>It's so good to be here with you all today.

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<v Speaker 1>The Black Economic Alliance Foundation is focused on building generational

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<v Speaker 1>wealth for the Black community at large. We do it

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<v Speaker 1>through policy work, we do it through partnerships that cross

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<v Speaker 1>public private sectors. And what we're trying to do is

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<v Speaker 1>flip the infrastructure. We're all living within the current economic

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<v Speaker 1>infrastructure of this country that as we all know, has

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<v Speaker 1>been set up since the beginning to leave us behind.

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<v Speaker 1>And that's the most play way that I can talk

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<v Speaker 1>about it. And so what we're trying to do at

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<v Speaker 1>the b A Foundation is to figure out how we

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<v Speaker 1>build a new economic infrastructure, one that PRIORITIS has is

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<v Speaker 1>building black wealth. Amen, we can get a clap for

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<v Speaker 1>at you don't have to be shy. And next I

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<v Speaker 1>have lab Triette Smith Wilson Welcome, good to see you,

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<v Speaker 1>Thank you, and please introduce yourself. I am Latreviette Smith Wilson.

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<v Speaker 1>I am currently Chief Marketing and Equity Officer at Horizon Media,

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<v Speaker 1>which is the largest US media agency and the largest

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<v Speaker 1>independent in the world. So helping marketers drive business outcomes.

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<v Speaker 1>If you are familiar with media agencies and what they

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<v Speaker 1>do that is horizon. UM and I am in what

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<v Speaker 1>is an industry first role that is focused on bringing

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<v Speaker 1>and putting d E and I at the core of

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<v Speaker 1>the business. So rather than sitting it in HR as

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<v Speaker 1>it has historically set as an enterprise function, it is

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<v Speaker 1>in the marketing function under me, so that we can

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<v Speaker 1>actually show how it's driving business outcomes. So powerful, these

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<v Speaker 1>are two powerhouses right here. So for before we get

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<v Speaker 1>into it all and we're gonna talk about wealth, we're

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<v Speaker 1>going to talk about our own career journeys because we

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<v Speaker 1>both have had quite the careers before your current roles today. UM,

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<v Speaker 1>what were your biggest takeaways from that incredible conversation with Ursula?

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<v Speaker 1>There were so many, but what Yeah, what's sticking with

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<v Speaker 1>me is basically, you can do what you want. You

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<v Speaker 1>can show up, you can sit at any table, and

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<v Speaker 1>you can do it in the way you want to.

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<v Speaker 1>But don't call yourself a black director, don't call yourself

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<v Speaker 1>a black CEO, don't call yourself a black foundation leader

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<v Speaker 1>if you're not about it for our people. And I

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<v Speaker 1>think that was so strong because it just gave all

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<v Speaker 1>of us permission and in different times, in different spaces

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<v Speaker 1>to do different things, but also to note if you're

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<v Speaker 1>claiming it, then you have to be bringing the rest

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<v Speaker 1>of us along with you. That's right. We are at Blavity.

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<v Speaker 1>When we were first starting the company and we were

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<v Speaker 1>building out our team, we had this metric that we said,

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<v Speaker 1>is this person about it? About it? That was what

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<v Speaker 1>we said. You know, we've been sitting in a room.

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<v Speaker 1>We'll be like, Okay, they have the technical skills, yes,

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<v Speaker 1>the chrismatic, can they leave people, etcetera, etcetera. And I'm like, okay,

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<v Speaker 1>but are they gonna be about it about it at

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<v Speaker 1>the end of the day. And some people were not

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<v Speaker 1>and they did not get the job. You know, that

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<v Speaker 1>X factor was really important that you were going to

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<v Speaker 1>bring other people with you along the way and that

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<v Speaker 1>you were motivated by that because we knew that this

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<v Speaker 1>job was a privilege. You know, the work that we

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<v Speaker 1>all do is a privilege, and it's our responsibility to

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<v Speaker 1>bring people with us to who much has given much

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<v Speaker 1>is required. That's it And that's one of the things

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<v Speaker 1>I loved most And just how always shows up right.

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<v Speaker 1>She called it like I'm real right, but there's there's

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<v Speaker 1>something to that, and and she even said, you know,

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<v Speaker 1>if this is not you, don't try to be me, right.

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<v Speaker 1>So I think so often we we feel as though

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<v Speaker 1>we have to assume other personalities right to succeed, or

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<v Speaker 1>we say, okay, this is how this person did it,

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<v Speaker 1>and that has to be the recipe, right, that has

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<v Speaker 1>to be the map to get there. And really the

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<v Speaker 1>map to get there is what you saw sitting in

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<v Speaker 1>the seat when she said, if this doesn't work for you,

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<v Speaker 1>don't do it right, just be you. When there's something

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<v Speaker 1>in that that is so you know, we hear all

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<v Speaker 1>the time authenticity, authenticity, authenticity. Okay, what does it really mean?

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<v Speaker 1>In a world right where we're told right, we're pushed

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<v Speaker 1>often to be something else. And I think that was

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<v Speaker 1>just one of my biggest I was like, yes, please,

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<v Speaker 1>can we get more of that? It is be you.

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<v Speaker 1>You don't have to be Ursula, you don't have to

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<v Speaker 1>be La Tribe yet. You don't have to be Samantha,

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<v Speaker 1>you don't have to be Morgan, be you, and and

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<v Speaker 1>I promise you it'll be more than enough. Absolutely. So

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<v Speaker 1>let's start with wealth. This is a conversation about um

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<v Speaker 1>black women not being rich but being wealthy. What does

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<v Speaker 1>wealth mean to both of you? I'm sure it's financial security,

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<v Speaker 1>it's generational wealth. It is the ability to wake up

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<v Speaker 1>in the morning and to do what we want to

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<v Speaker 1>do and not what we have to do right, um

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<v Speaker 1>and and for me, the generational wealth pieces is the

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<v Speaker 1>biggest That's what I'm working for right now. Right. It

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<v Speaker 1>has so little to do with the individual sitting here

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<v Speaker 1>or the immediacy of oh oh I can know m.

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<v Speaker 1>My thinking is real different now, um and I wish

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<v Speaker 1>I had the benefit of the knowledge that I have

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<v Speaker 1>now in my mid twenties versus my late forties, right,

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<v Speaker 1>and so having the opportunity and the benefit to hear

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<v Speaker 1>from people like us and so many more who are

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<v Speaker 1>awakened right to what it really means, to to why

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<v Speaker 1>we have had the plight that we have had, and

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<v Speaker 1>what we have to do to change it going forward

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<v Speaker 1>to ensure rich means nothing right. Wealth is the goal,

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<v Speaker 1>So yes, all of it. I think for me, it's

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<v Speaker 1>really about that agency piece. It is the agency to

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<v Speaker 1>do what you and your family need and want. And

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<v Speaker 1>I think one of the biggest problems is that still

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<v Speaker 1>when folks think about wealth and let's be real. Particularly

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<v Speaker 1>when they think about black wealth, black women wealth, they're

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<v Speaker 1>thinking about vacation houses, right, They're thinking about fancy cars,

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<v Speaker 1>And when it comes to our community, they're thinking about

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<v Speaker 1>things that they don't think are good. And so long

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<v Speaker 1>as we allow that to stay as the definition of wealth,

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<v Speaker 1>we're just going to be adding to the uphill battle

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<v Speaker 1>that we're fighting. We need to be really clear when

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<v Speaker 1>we talk about wealth. We're talking and it's simplest terms

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<v Speaker 1>about owning more than you owe. How can that be

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<v Speaker 1>something that's still is the exception instead of the rule

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<v Speaker 1>for any community in this country in how can that

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<v Speaker 1>be the case? So I think a part of this

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<v Speaker 1>is in our conversations with each other, because even there

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<v Speaker 1>is necessary. But certainly anytime we're talking to anybody who

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<v Speaker 1>has the influence and the power to make systemic change,

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<v Speaker 1>what we have to be saying is, let me spend

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<v Speaker 1>twenty seconds on what I mean by wealth. Right, It's

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<v Speaker 1>being able to buy at home and pass it on

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<v Speaker 1>to your kids. Right, Maybe start a business where you

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<v Speaker 1>can hire folks from your community, pay them well. And

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<v Speaker 1>let's just not pause when we say wealth, because we

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<v Speaker 1>know the pictures that are in folks heads when we

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<v Speaker 1>do that, especially when we talk about it for us,

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<v Speaker 1>and we need to change those pictures if we're going

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<v Speaker 1>to change the way that people are prioritizing generational wealth

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<v Speaker 1>building and what is right for our community. Absolutely, okay,

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<v Speaker 1>So walk us through your career and the work that

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<v Speaker 1>you've done to get to where you are at b

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<v Speaker 1>a foundation. So I'm going to just make a bunch

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<v Speaker 1>of assumption assumptions here, But I would assume that, like

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<v Speaker 1>many of you, you know, in my house, education was

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<v Speaker 1>it and it wasn't just it for us. I mean,

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<v Speaker 1>that was the legacy of our family. My grandmother left

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<v Speaker 1>home and put herself through college when she was sixteen,

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<v Speaker 1>went on to get married, have five kids, raised those kids,

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<v Speaker 1>and then go back to law school, and then spend

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<v Speaker 1>her legal career litigating to make the school system in

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<v Speaker 1>Philadelphia more just right for kids who look like us.

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<v Speaker 1>And so it just was the expectation and such. It

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<v Speaker 1>was so rooted in all of us that education was

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<v Speaker 1>path to liberation and freedom for black folks. And I

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<v Speaker 1>spent much of my career fighting for that, you know.

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<v Speaker 1>I went off and went to law school and litigated

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<v Speaker 1>to make the school system more fair I opened a school,

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<v Speaker 1>all girls school. I became an executive, you know, at

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<v Speaker 1>a big organization that was building school serving kids. It

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<v Speaker 1>is from the lowest income communities across the Northeast who

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<v Speaker 1>were graduating from four year colleges right at rates that

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<v Speaker 1>were as high as kids from the highest income households

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<v Speaker 1>across the country. But the data kept slapping me in

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<v Speaker 1>the face, because what the data tells us is that

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<v Speaker 1>to date, right our average black college graduates are earning

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<v Speaker 1>less and amassing less wealth than our average white Americans

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<v Speaker 1>who dropped out of high school. So something is wrong

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<v Speaker 1>in how we are approaching fixing the problem. And it's

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<v Speaker 1>not just about what we earn and about how much

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<v Speaker 1>wealth we have. It's about every aspect of our well being,

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<v Speaker 1>in our livelihoods. Right in the city we're in right now,

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<v Speaker 1>one of the wealthiest in the country. Black women eight

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<v Speaker 1>times more likely to die in childbirth or from pregnancy

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<v Speaker 1>related causes than white women. But again same trend. Black

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<v Speaker 1>women who have graduated from college more likely to die

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<v Speaker 1>than white women or women of any race who have

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<v Speaker 1>not graduated from high school. So what that says to

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<v Speaker 1>me is we can't keep expecting to educate our way

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<v Speaker 1>out of this. All right, it won't work. It won't work.

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<v Speaker 1>That's a tough reality for many of us, it is,

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<v Speaker 1>and so Black Economic Alliance Foundation, what we're trying to

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<v Speaker 1>do is say, you got to be laser focused on

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<v Speaker 1>asking the question around wealth building. You can't look at

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<v Speaker 1>all the other pieces and expect it to get us there,

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<v Speaker 1>because with the data tells us is that if you

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<v Speaker 1>apply a solution across everyone in this country, it's going

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<v Speaker 1>to keep leaving us behind. Also though, and this is

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<v Speaker 1>the harder part. I gotta be honest. I got a

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<v Speaker 1>six year old daughter named Stokely, I got a three

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<v Speaker 1>and a half son named Ever. Guess what what do

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<v Speaker 1>I clap for them for their school work? Right? What

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<v Speaker 1>do I talk to them about college? Right? It is

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<v Speaker 1>so ingrained in us that that is how we as

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<v Speaker 1>individuals and we as a community you're gonna thrive. And

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<v Speaker 1>so what I'm trying to also do is figure out,

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<v Speaker 1>as a mama, how do I change that for my

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<v Speaker 1>kids so they see the world and have that leg

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<v Speaker 1>up to know that that can't be It's necessary, but

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<v Speaker 1>it's not sufficient. How did they know that from the start?

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<v Speaker 1>Mm hmmm, Well, we can come back to that. That

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<v Speaker 1>was a lot. Vitrio. Well, no, I wanted because you

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<v Speaker 1>are from the on the private side, right, and I

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<v Speaker 1>think that your career, um, you know, you've advocated for

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<v Speaker 1>black women consistently through your career sun Dial and as ventures,

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<v Speaker 1>and so walk us through your career choices as well. Absolutely.

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<v Speaker 1>Um So I always say that if someone in any time,

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<v Speaker 1>I'm asked, you know, how did you get here? I

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<v Speaker 1>did not have a roadmap, right, There was nothing that

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<v Speaker 1>said I'm going to make this choice and this choice

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<v Speaker 1>and this choice to get here. What I've always done

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<v Speaker 1>is follow my purpose first and then my passion. Right.

0:12:59.040 --> 0:13:03.640
<v Speaker 1>So I actually started my career in journalism, and in

0:13:03.679 --> 0:13:07.000
<v Speaker 1>the late nineties when this noble profession that I thought

0:13:07.120 --> 0:13:09.760
<v Speaker 1>was there to serve others and tell the stories of

0:13:09.760 --> 0:13:14.840
<v Speaker 1>those untold, right, was really about sensationalism and sweeps and

0:13:14.880 --> 0:13:16.600
<v Speaker 1>everything that I was seeing in the news room at

0:13:16.600 --> 0:13:19.600
<v Speaker 1>the time, I just decided, I have to be able

0:13:19.640 --> 0:13:21.080
<v Speaker 1>to look at myself in the mirror when I wake

0:13:21.160 --> 0:13:24.240
<v Speaker 1>up in the morning and I'm not feeling this, right,

0:13:24.280 --> 0:13:27.160
<v Speaker 1>So what is it? What's next for me? And I said, Okay,

0:13:27.320 --> 0:13:32.880
<v Speaker 1>there's a skill set that I have right strategists, communicator,

0:13:33.480 --> 0:13:37.280
<v Speaker 1>maybe I'll try this agency pr thing, and I thought

0:13:37.320 --> 0:13:39.240
<v Speaker 1>I'd be back in the newsroom in six months because

0:13:39.280 --> 0:13:42.520
<v Speaker 1>there is nothing about me that was appealing to go

0:13:42.640 --> 0:13:46.560
<v Speaker 1>to a nine to five right, So not necessarily an entrepreneur,

0:13:46.720 --> 0:13:52.000
<v Speaker 1>but always had quite the entrepreneurial spirit and joined an

0:13:52.040 --> 0:13:56.920
<v Speaker 1>agency that thankfully also was rooted in entrepreneurialism. It was

0:13:56.960 --> 0:14:00.640
<v Speaker 1>the largest private agency, it's actually the largest our agency

0:14:00.640 --> 0:14:03.560
<v Speaker 1>now in the world, and I was able to follow

0:14:03.640 --> 0:14:07.560
<v Speaker 1>my purpose and my passion there right. So it was

0:14:07.600 --> 0:14:10.720
<v Speaker 1>in corporate for a while. Then I built up what

0:14:10.800 --> 0:14:14.120
<v Speaker 1>they were then calling the Diversity Solutions multicultural practice. But

0:14:14.200 --> 0:14:17.360
<v Speaker 1>for me, it was always about how do I use

0:14:17.480 --> 0:14:21.400
<v Speaker 1>what I have to serve the community that I love,

0:14:22.000 --> 0:14:24.520
<v Speaker 1>and that's really the place in the center in which

0:14:24.800 --> 0:14:30.160
<v Speaker 1>I sit. UM went on heading Global Diversity and Inclusion

0:14:30.240 --> 0:14:34.520
<v Speaker 1>for American Express. Um father passed, decided I was taking

0:14:34.520 --> 0:14:37.880
<v Speaker 1>a sabbatical, started a consulting company, did that for a

0:14:37.880 --> 0:14:40.760
<v Speaker 1>couple of years, and then joined friends of mine at

0:14:40.880 --> 0:14:45.480
<v Speaker 1>Sundial Brands if you're familiar also the makers of Shame moisture,

0:14:46.320 --> 0:14:50.160
<v Speaker 1>and I joined about six months before we did our

0:14:50.240 --> 0:14:53.760
<v Speaker 1>first p deal and that was bringing Bain on in

0:14:53.920 --> 0:14:59.280
<v Speaker 1>twenty fifteen. UM from that continue to grow the company scale,

0:14:59.360 --> 0:15:04.320
<v Speaker 1>expand Africa Nigeria. We were kind of the growth of

0:15:05.400 --> 0:15:10.520
<v Speaker 1>that company in five four years was phenomenal. A lot

0:15:10.560 --> 0:15:13.520
<v Speaker 1>of you know the story UM, but what was it

0:15:13.560 --> 0:15:17.480
<v Speaker 1>that drove us right? That was the story of when

0:15:17.640 --> 0:15:22.560
<v Speaker 1>you are serving and of service and building community, right,

0:15:23.320 --> 0:15:26.640
<v Speaker 1>you you can sell any we were making soap, in lotion,

0:15:26.800 --> 0:15:31.880
<v Speaker 1>in shampoo, in conditioner, right, but there's this amazing community

0:15:31.920 --> 0:15:35.600
<v Speaker 1>of people that we were in service to who rallied

0:15:35.640 --> 0:15:41.000
<v Speaker 1>around us, right, and so everything from you know, UM

0:15:41.240 --> 0:15:45.280
<v Speaker 1>co ops in in Ghana who you know through the

0:15:45.320 --> 0:15:47.720
<v Speaker 1>work that we were doing with them and producing the shape,

0:15:47.720 --> 0:15:50.640
<v Speaker 1>but are we're able to to start their own micro

0:15:50.840 --> 0:15:54.600
<v Speaker 1>lending right within their communities, to bring running water in,

0:15:54.720 --> 0:15:57.920
<v Speaker 1>to send you know, an education right for their girls,

0:15:58.040 --> 0:16:01.080
<v Speaker 1>to all of these things. But it was rooted, right,

0:16:01.160 --> 0:16:04.240
<v Speaker 1>if you see a threat, it's rooted in passion and

0:16:04.240 --> 0:16:07.200
<v Speaker 1>in purpose. And so following the seal of of sund

0:16:07.200 --> 0:16:10.440
<v Speaker 1>Out to Uni Leaver, we started another company called Essence Ventures,

0:16:10.600 --> 0:16:14.880
<v Speaker 1>used that to acquire Essence UM and I spent the

0:16:14.960 --> 0:16:19.240
<v Speaker 1>last four years helping to stand essence Again, this is

0:16:19.280 --> 0:16:22.160
<v Speaker 1>about community, right, This is about serving us. This is

0:16:22.160 --> 0:16:24.600
<v Speaker 1>what is the content that we need? It's not just

0:16:24.640 --> 0:16:26.800
<v Speaker 1>the products that we need. What is it that we

0:16:26.840 --> 0:16:31.400
<v Speaker 1>need as a community to be feel okay? Right, and

0:16:31.440 --> 0:16:34.760
<v Speaker 1>not just to survive, but but to thrive. And so

0:16:34.880 --> 0:16:37.960
<v Speaker 1>that is what I have spent my career, in all

0:16:38.040 --> 0:16:44.560
<v Speaker 1>of its various iterations doing because that is my my center, right,

0:16:44.640 --> 0:16:46.880
<v Speaker 1>that is the place and every decision that I make.

0:16:47.280 --> 0:16:50.360
<v Speaker 1>Can I really make impact? Here's impact and its people

0:16:50.360 --> 0:16:54.040
<v Speaker 1>And it's especially that at this point, right, Like, if

0:16:54.120 --> 0:16:57.240
<v Speaker 1>I can't make impact and it's not with people who

0:16:57.320 --> 0:17:01.400
<v Speaker 1>I believe believe in what I'm doing, I'm not interested.

0:17:01.840 --> 0:17:07.560
<v Speaker 1>Fast forward to Horizon right, very different um than Sundial

0:17:07.880 --> 0:17:11.960
<v Speaker 1>in essence and essence ventures, but with people who I

0:17:12.000 --> 0:17:14.680
<v Speaker 1>believe believe in what I'm doing and who are going

0:17:14.720 --> 0:17:17.200
<v Speaker 1>to allow me to take the fullness of what my

0:17:17.320 --> 0:17:22.679
<v Speaker 1>experience has been to impact, right, not just their agency

0:17:23.000 --> 0:17:25.920
<v Speaker 1>but an industry. How do you feel like you had

0:17:25.920 --> 0:17:28.760
<v Speaker 1>to convince people that it was important for your role

0:17:28.800 --> 0:17:31.040
<v Speaker 1>to exist because the role didn't necessarily exist before you

0:17:31.040 --> 0:17:34.840
<v Speaker 1>were there. No, So they were separately looking for CMO

0:17:35.320 --> 0:17:37.639
<v Speaker 1>and a cdo and they had called me about the

0:17:37.680 --> 0:17:41.080
<v Speaker 1>CMO role and after learning about my background, said you know, hey,

0:17:41.119 --> 0:17:43.160
<v Speaker 1>are you interested in the CDO role? And I told

0:17:43.200 --> 0:17:47.199
<v Speaker 1>them no. And I said no because you know, we

0:17:47.240 --> 0:17:50.400
<v Speaker 1>always say the definition of insanity is doing the same

0:17:50.440 --> 0:17:53.040
<v Speaker 1>thing over and over and expecting a different result. And

0:17:53.080 --> 0:17:55.199
<v Speaker 1>I said, if you look at the trajectory of of

0:17:55.320 --> 0:17:59.120
<v Speaker 1>D and I, over the last thirty years, companies right

0:17:59.320 --> 0:18:03.720
<v Speaker 1>have been doing the same thing right and then question

0:18:04.200 --> 0:18:06.840
<v Speaker 1>why there's not the return that they thought or why

0:18:06.960 --> 0:18:09.360
<v Speaker 1>this didn't happen and stuff. Then it becomes a failure

0:18:09.359 --> 0:18:12.280
<v Speaker 1>and so there's less investment in there versus saying, maybe

0:18:12.280 --> 0:18:16.360
<v Speaker 1>we're just going about this the wrong way, right. And

0:18:16.400 --> 0:18:22.040
<v Speaker 1>so I wrote a whole kind of um uh, my

0:18:22.160 --> 0:18:25.200
<v Speaker 1>hypothesis on what it should be and what the role

0:18:25.280 --> 0:18:27.440
<v Speaker 1>should be, and I really I was like, I think

0:18:27.440 --> 0:18:31.160
<v Speaker 1>I probably just stalked myself out of a job. Uh.

0:18:31.200 --> 0:18:33.639
<v Speaker 1>And I was okay with it though, because again, I

0:18:33.680 --> 0:18:35.800
<v Speaker 1>only want to be someplace where I feel I can

0:18:35.880 --> 0:18:38.560
<v Speaker 1>make the impact. And they came back and they were like,

0:18:38.800 --> 0:18:41.439
<v Speaker 1>if you are willing to do what we are willing

0:18:41.560 --> 0:18:45.359
<v Speaker 1>to do it with you, Oh wow, that's beautiful. I

0:18:45.400 --> 0:18:47.400
<v Speaker 1>want to talk a little bit about passion and purpose.

0:18:47.920 --> 0:18:49.320
<v Speaker 1>You know, many of us, you know, we all went

0:18:49.359 --> 0:18:52.119
<v Speaker 1>through a pandemic. Um for a lot of us, we

0:18:52.200 --> 0:18:54.480
<v Speaker 1>probably thought more and more about the work that we

0:18:54.560 --> 0:18:57.520
<v Speaker 1>do because of that. And um, how many of you

0:18:57.560 --> 0:19:02.119
<v Speaker 1>all switched jobs sometime in the last two years. Yeah,

0:19:02.480 --> 0:19:05.840
<v Speaker 1>keep your hand up if it was because you wanted

0:19:05.840 --> 0:19:07.600
<v Speaker 1>to feel more connected to the work that you did

0:19:07.600 --> 0:19:13.600
<v Speaker 1>every day and get paid more. Right. Also that I

0:19:13.640 --> 0:19:18.480
<v Speaker 1>cannot raise my hand, but I wanted to say that

0:19:18.520 --> 0:19:21.520
<v Speaker 1>because I think that a lot of us, especially Black women,

0:19:21.800 --> 0:19:23.800
<v Speaker 1>we want to feel good about the work that we

0:19:23.880 --> 0:19:26.520
<v Speaker 1>do every single day. It's not just about having a

0:19:26.640 --> 0:19:29.119
<v Speaker 1>job and collecting the check and then going home. Every day.

0:19:29.160 --> 0:19:33.119
<v Speaker 1>We throw our hearts into it. And so I wanted

0:19:33.119 --> 0:19:35.119
<v Speaker 1>you to share some advice with those women in the

0:19:35.160 --> 0:19:38.800
<v Speaker 1>room who are in their early thirties who are balancing

0:19:38.800 --> 0:19:43.000
<v Speaker 1>a lot, maybe some life decisions, some family decisions, um,

0:19:43.080 --> 0:19:46.680
<v Speaker 1>and also still are very committed to living their life

0:19:46.720 --> 0:19:48.919
<v Speaker 1>and purpose in the work that they do every single day.

0:19:48.960 --> 0:19:52.840
<v Speaker 1>What advice would you share to her? So, I think

0:19:53.040 --> 0:19:55.439
<v Speaker 1>one of the things that we have the opportunity to

0:19:55.560 --> 0:20:00.119
<v Speaker 1>do in this moment is to redefine some of the

0:20:00.200 --> 0:20:05.600
<v Speaker 1>pieces that we have been forced to run away from. So,

0:20:05.680 --> 0:20:09.760
<v Speaker 1>for example, this idea of being strong right in so

0:20:09.880 --> 0:20:15.320
<v Speaker 1>many places that has been used to malign us. But

0:20:15.960 --> 0:20:18.160
<v Speaker 1>let me tell you now, I am committed to when

0:20:18.200 --> 0:20:21.480
<v Speaker 1>my daughter is our age, Yes, I'm I'm taking the

0:20:21.520 --> 0:20:25.399
<v Speaker 1>hour on this our age right, that she's not running

0:20:25.440 --> 0:20:31.240
<v Speaker 1>away from strong black woman because strength is power, it's beauty, right.

0:20:31.600 --> 0:20:35.479
<v Speaker 1>And so in this moment, what I'm thinking a lot about,

0:20:35.760 --> 0:20:38.880
<v Speaker 1>and hope we're all thinking about, is there was this

0:20:39.040 --> 0:20:41.679
<v Speaker 1>you know, there was this crack. COVID brought the country

0:20:41.680 --> 0:20:45.199
<v Speaker 1>to its knees, right, COVID brought the Black community doubly

0:20:45.320 --> 0:20:51.119
<v Speaker 1>to our knees. Right. COVID just crushed black businesses. But

0:20:51.240 --> 0:20:54.760
<v Speaker 1>are other folks in here from Bedstide living in bedste right,

0:20:56.040 --> 0:21:01.560
<v Speaker 1>Tompkins Avenue, Tompkins Avenue in Bedsta right, Okay. As the

0:21:01.680 --> 0:21:05.960
<v Speaker 1>community has gentrified, Tompkins Avenue has continued to flourish as

0:21:05.960 --> 0:21:10.960
<v Speaker 1>this gorgeous, vibrant right business community led by black people,

0:21:11.080 --> 0:21:15.960
<v Speaker 1>led by black women. What happened in when COVID wiped

0:21:16.000 --> 0:21:22.840
<v Speaker 1>out of black businesses by April, the women right, the

0:21:22.880 --> 0:21:29.680
<v Speaker 1>black women of Tompkins Avenue banded together, work collectively, called

0:21:29.680 --> 0:21:31.800
<v Speaker 1>each other and said, here's how you get those loans,

0:21:32.400 --> 0:21:34.720
<v Speaker 1>coached one another through the loans, helped each other figure

0:21:34.760 --> 0:21:37.159
<v Speaker 1>out how to change their businesses. Oh, you make clothes,

0:21:37.240 --> 0:21:39.959
<v Speaker 1>let's talk about making masks. We gotta figure out how

0:21:39.960 --> 0:21:43.840
<v Speaker 1>to be outside. Let's get creative about outdoor seating. Right

0:21:43.960 --> 0:21:48.440
<v Speaker 1>and fast forward. Now, Tompkins Avenue is thriving. Now if

0:21:48.480 --> 0:21:50.800
<v Speaker 1>we think about that and what it means for each

0:21:50.840 --> 0:21:53.679
<v Speaker 1>of us, look at the data and look at what

0:21:53.720 --> 0:21:58.200
<v Speaker 1>people think women behave act, work at home, at play,

0:21:58.240 --> 0:22:02.480
<v Speaker 1>more collaboratively in our at a collaboration is seen as weak. Right,

0:22:02.880 --> 0:22:05.359
<v Speaker 1>it's go at it alone, right, be at the front

0:22:05.359 --> 0:22:07.840
<v Speaker 1>of the pack, be the one individual who came up

0:22:07.840 --> 0:22:10.600
<v Speaker 1>with the idea, right, which so often is associated with

0:22:10.640 --> 0:22:14.000
<v Speaker 1>men and is more male behavior. Data shows right, that's

0:22:14.000 --> 0:22:18.800
<v Speaker 1>seen its strength. What is Tompkin happens Tompkins Avenue prove? Right?

0:22:19.600 --> 0:22:22.600
<v Speaker 1>Is there a stronger definition of strength than what happened there?

0:22:23.200 --> 0:22:26.120
<v Speaker 1>And so, just as we're all moving into new jobs,

0:22:26.280 --> 0:22:29.520
<v Speaker 1>or new roles within jobs, or just new ways of

0:22:29.560 --> 0:22:32.080
<v Speaker 1>thinking ourselves in the work, I would just push all

0:22:32.119 --> 0:22:34.800
<v Speaker 1>of us to think about how instead of needing to

0:22:34.880 --> 0:22:37.080
<v Speaker 1>run away from some of those things. We can lean

0:22:37.119 --> 0:22:39.320
<v Speaker 1>into redefining it, but we have to do it together.

0:22:39.880 --> 0:22:42.760
<v Speaker 1>So when after this there's like a happy hour and

0:22:42.800 --> 0:22:45.280
<v Speaker 1>a DJ right, okay, so right, we know people are

0:22:45.280 --> 0:22:47.240
<v Speaker 1>gonna ask who are you? To each other? Wait, we're

0:22:47.240 --> 0:22:49.080
<v Speaker 1>gonna go, We're gonna ask what do you do? Right?

0:22:49.160 --> 0:22:51.680
<v Speaker 1>We know, especially post COVID, a lot of us ask

0:22:51.760 --> 0:22:56.000
<v Speaker 1>how are you? Let's all also ask what do you need? Yes,

0:22:56.440 --> 0:22:59.600
<v Speaker 1>and let me tell you what I need? How can

0:22:59.640 --> 0:23:02.639
<v Speaker 1>I and how can you help me? And let's not

0:23:02.720 --> 0:23:06.120
<v Speaker 1>see that as anything other than strength. That is not weakness,

0:23:06.359 --> 0:23:16.800
<v Speaker 1>That is strength. Beautiful. So in my early thirties, what

0:23:16.960 --> 0:23:21.480
<v Speaker 1>I wish someone had stressed for me was self care,

0:23:23.280 --> 0:23:26.560
<v Speaker 1>and I just I have this thing now, right. I

0:23:26.560 --> 0:23:29.600
<v Speaker 1>actually repeat it to myself almost on a daily basis.

0:23:29.640 --> 0:23:32.200
<v Speaker 1>Self care is not selfish, right, It's just in my head.

0:23:32.280 --> 0:23:35.680
<v Speaker 1>Self care is not selfish. Self care is not selfish.

0:23:35.800 --> 0:23:39.959
<v Speaker 1>Self care does not mean that I'm going, you know,

0:23:40.400 --> 0:23:44.200
<v Speaker 1>any less hard. It doesn't mean that I'm any less committed.

0:23:44.359 --> 0:23:47.440
<v Speaker 1>But there is as hard as we go and as

0:23:47.520 --> 0:23:50.840
<v Speaker 1>much as we pour right into other things and other

0:23:50.920 --> 0:23:54.919
<v Speaker 1>people and even the goals that we are striving for

0:23:55.680 --> 0:24:00.840
<v Speaker 1>it's so critical to maintain your center. It's so critical,

0:24:01.480 --> 0:24:07.240
<v Speaker 1>um because it's so easy to lose, and it's so

0:24:07.320 --> 0:24:11.520
<v Speaker 1>easy to get off balance, right, and you can't be

0:24:11.600 --> 0:24:14.280
<v Speaker 1>your best, and you can't show up in the way

0:24:14.320 --> 0:24:15.920
<v Speaker 1>that it is that you want to show up, in

0:24:15.960 --> 0:24:18.160
<v Speaker 1>the way that it is that you need to show

0:24:18.240 --> 0:24:22.640
<v Speaker 1>up to win. And often it becomes the last thing.

0:24:23.200 --> 0:24:26.080
<v Speaker 1>Right again, Black women, that's what we do right for

0:24:26.200 --> 0:24:30.920
<v Speaker 1>ourselves last, And somehow it's a badge of honor. It's not,

0:24:30.720 --> 0:24:35.199
<v Speaker 1>it's not, it's not. I wish someone had told me

0:24:35.240 --> 0:24:41.280
<v Speaker 1>that fifteen years ago, right, ecstatic at this point that

0:24:41.400 --> 0:24:44.439
<v Speaker 1>I learned it, because now that I have, there's no

0:24:44.520 --> 0:24:48.520
<v Speaker 1>going back, right. But I think that is critical. And

0:24:48.560 --> 0:24:53.720
<v Speaker 1>the other part would probably be that you have a vision, right,

0:24:53.800 --> 0:24:57.560
<v Speaker 1>whatever it is, whether it's your founder, CEO, whether it's

0:24:57.640 --> 0:25:01.040
<v Speaker 1>your leadership at another company, what effort If you have

0:25:01.680 --> 0:25:06.520
<v Speaker 1>a vision, and it's okay if other people can't see

0:25:07.119 --> 0:25:12.200
<v Speaker 1>your vision, even our families, right, Like I'm as close

0:25:12.240 --> 0:25:14.919
<v Speaker 1>as they come. Like my family we ride or die, like,

0:25:15.000 --> 0:25:19.280
<v Speaker 1>we go hard for each other. But it's okay that

0:25:19.359 --> 0:25:23.159
<v Speaker 1>all of them don't understand my vision. Even sometimes my husband.

0:25:23.160 --> 0:25:25.119
<v Speaker 1>I will be like hey, I and he's like, but

0:25:25.240 --> 0:25:28.160
<v Speaker 1>I don't understand, Like this is good, And I'm like, yeah,

0:25:28.160 --> 0:25:30.480
<v Speaker 1>this is good. But the vision, right, if you think

0:25:30.560 --> 0:25:33.280
<v Speaker 1>this is good? Way to use the vision? Right? And

0:25:33.320 --> 0:25:35.040
<v Speaker 1>if I thought for a time I was like, there's

0:25:35.080 --> 0:25:37.159
<v Speaker 1>something wrong with me? Like am I just asking for

0:25:37.240 --> 0:25:39.840
<v Speaker 1>too much? Like? Is it? Am I just not you know,

0:25:39.920 --> 0:25:45.720
<v Speaker 1>I consider myself a grateful person, right, I live in gratitude.

0:25:46.359 --> 0:25:49.199
<v Speaker 1>But am I just not satisfy them? That's not it?

0:25:49.280 --> 0:25:51.639
<v Speaker 1>Because the vision that God gave me, he's not given

0:25:51.720 --> 0:25:54.159
<v Speaker 1>to anybody else. And I'm okay with that, So be

0:25:54.280 --> 0:25:57.120
<v Speaker 1>good with the vision that He gave you. We get

0:25:57.119 --> 0:26:02.399
<v Speaker 1>a hand clos So I'm looking at the clock and

0:26:02.400 --> 0:26:04.560
<v Speaker 1>it says one minute left. So and I didn't go

0:26:04.600 --> 0:26:07.600
<v Speaker 1>to any of my questions. Um, so I'm gonna do

0:26:07.680 --> 0:26:10.520
<v Speaker 1>the last question on my card and then we're gonna

0:26:10.520 --> 0:26:15.000
<v Speaker 1>open up to questions from you all. So what do

0:26:15.040 --> 0:26:17.359
<v Speaker 1>you want to see in the next ten years in

0:26:17.480 --> 0:26:22.560
<v Speaker 1>terms of changes in black women's wealth and health and

0:26:22.600 --> 0:26:29.199
<v Speaker 1>financial empowerment? So as a starting place, we need to

0:26:29.240 --> 0:26:33.240
<v Speaker 1>be at a point where the investment matches the talent,

0:26:33.400 --> 0:26:37.960
<v Speaker 1>drive excellence of black women. Right, We're we're coming out

0:26:37.960 --> 0:26:42.080
<v Speaker 1>of COVID and black business ownership thirty percent higher than

0:26:42.160 --> 0:26:45.960
<v Speaker 1>pre pandemic rates, led by black women. New study out

0:26:45.960 --> 0:26:50.800
<v Speaker 1>this week. Point four percent. Let's pausive. That's less than

0:26:50.880 --> 0:26:54.159
<v Speaker 1>half of a percent, right, A venture capital investment in

0:26:55.960 --> 0:26:59.199
<v Speaker 1>when everyone was russiing to support black folks, less than

0:26:59.240 --> 0:27:04.359
<v Speaker 1>half a percent went to black women. Yes, so it's

0:27:04.400 --> 0:27:08.200
<v Speaker 1>not surprising at all. It's also something we need to

0:27:08.240 --> 0:27:10.520
<v Speaker 1>say out loud and to think about because we are

0:27:10.560 --> 0:27:13.920
<v Speaker 1>in post times and that is what the data tells us.

0:27:14.200 --> 0:27:18.359
<v Speaker 1>We have to flip the entire infrastructure. We have to

0:27:18.440 --> 0:27:22.720
<v Speaker 1>say that we are going to talk explicitly and directly

0:27:22.800 --> 0:27:26.080
<v Speaker 1>about wealth when we are talking about anything that we

0:27:26.119 --> 0:27:28.119
<v Speaker 1>need to change in this society, and we have to

0:27:28.160 --> 0:27:31.440
<v Speaker 1>match the investment with the talent. The one thing I

0:27:31.440 --> 0:27:33.040
<v Speaker 1>want to say, because I know is our last question is,

0:27:33.080 --> 0:27:36.520
<v Speaker 1>you know, basically the real answer should just be Whateversla

0:27:36.520 --> 0:27:38.040
<v Speaker 1>Burns would do, That's what we all should do, and

0:27:38.160 --> 0:27:42.680
<v Speaker 1>like that's let's be clear, but we also need to

0:27:42.720 --> 0:27:45.360
<v Speaker 1>recognize it's hard. Like we're all sitting in here right

0:27:45.359 --> 0:27:50.760
<v Speaker 1>saying be yourself, purpose, self care, right, balance, come in

0:27:51.119 --> 0:27:54.400
<v Speaker 1>take others with you, right, bringing you be a boat

0:27:54.440 --> 0:27:57.720
<v Speaker 1>about it, right, bring the multiplier effects, and none of

0:27:57.840 --> 0:28:00.159
<v Speaker 1>us can pretend that that's not hard. And to what

0:28:00.280 --> 0:28:02.320
<v Speaker 1>I carry with me. My grandfather he was in World

0:28:02.320 --> 0:28:06.560
<v Speaker 1>War two. He went and he enlisted. Like he he

0:28:06.640 --> 0:28:10.320
<v Speaker 1>went from running sit ins at the Walgreens counter when

0:28:10.359 --> 0:28:14.480
<v Speaker 1>he was in Springfield, Illinois, twenty years old, right to

0:28:14.760 --> 0:28:18.719
<v Speaker 1>war because he believed in this country. Now. He was

0:28:19.000 --> 0:28:21.399
<v Speaker 1>one of those warriors who's going in and fighting with

0:28:21.400 --> 0:28:23.760
<v Speaker 1>the double V right in his pocket, the double V

0:28:23.880 --> 0:28:26.159
<v Speaker 1>that said we're gonna be victorious abroad and warri are

0:28:26.240 --> 0:28:29.640
<v Speaker 1>going to be victorious in beating racial terror at home.

0:28:29.960 --> 0:28:32.639
<v Speaker 1>He got wounded in Italy. He went to the hospital,

0:28:33.400 --> 0:28:35.960
<v Speaker 1>he saw they had a blood drive. He tried to

0:28:36.000 --> 0:28:39.360
<v Speaker 1>give blood to contribute, and they would not take his blood,

0:28:40.080 --> 0:28:43.000
<v Speaker 1>not because he was sick, not because he had been,

0:28:43.040 --> 0:28:46.320
<v Speaker 1>you know, out in the battlefield, because he was black. Now,

0:28:46.440 --> 0:28:49.320
<v Speaker 1>the only remarkable thing about that story is what he

0:28:49.360 --> 0:28:52.680
<v Speaker 1>would say when he told it to us. He would

0:28:52.720 --> 0:28:55.560
<v Speaker 1>say that and list a host of other stories quite similar,

0:28:55.560 --> 0:29:00.840
<v Speaker 1>and he'd say, that's what made my resolve stronger. And

0:29:00.880 --> 0:29:02.640
<v Speaker 1>I think we have to remember that we are in

0:29:02.720 --> 0:29:05.040
<v Speaker 1>this new place, in this moment in time, and we

0:29:05.120 --> 0:29:07.840
<v Speaker 1>need to embrace hashtag what would Ursula Burns do? Right,

0:29:08.040 --> 0:29:11.600
<v Speaker 1>But we also can't pretend that it's not hard, and

0:29:11.680 --> 0:29:14.000
<v Speaker 1>we have to be able to have those conversations with

0:29:14.040 --> 0:29:17.240
<v Speaker 1>our community and with each other about yes, that happened

0:29:17.240 --> 0:29:20.560
<v Speaker 1>to you. Yes he said that, Yes she did that.

0:29:21.000 --> 0:29:23.040
<v Speaker 1>Yes I saw their face that you were right, and

0:29:23.040 --> 0:29:25.480
<v Speaker 1>how you read that. It needs to still make our

0:29:25.480 --> 0:29:36.680
<v Speaker 1>resolves stronger. Yeah, I think for me over the next

0:29:36.680 --> 0:29:40.560
<v Speaker 1>ten years, right, I could offer, um, you know, some

0:29:41.200 --> 0:29:50.440
<v Speaker 1>grandiose you know, into racism, right, all of these things, right. Um,

0:29:50.480 --> 0:29:55.479
<v Speaker 1>What I hope to see in Earnest is us step

0:29:55.520 --> 0:30:01.840
<v Speaker 1>into our power as we never have. Something happened in

0:30:02.720 --> 0:30:05.920
<v Speaker 1>a lot of things happen in right. But I really

0:30:06.000 --> 0:30:08.880
<v Speaker 1>believe there there was a shift, or at least I

0:30:09.840 --> 0:30:16.200
<v Speaker 1>cannot not believe right that a shift didn't happen. Isn't happening. Um,

0:30:16.240 --> 0:30:19.479
<v Speaker 1>I keep saying that we can't go through the things

0:30:19.600 --> 0:30:24.360
<v Speaker 1>that we've been through and come out the same, and

0:30:24.400 --> 0:30:27.600
<v Speaker 1>we shouldn't. Right for us, what I'm hoping that means

0:30:27.880 --> 0:30:32.800
<v Speaker 1>is a recognition and realization not only of our power

0:30:32.880 --> 0:30:37.720
<v Speaker 1>but of our value. Right, because it really does start there,

0:30:38.920 --> 0:30:45.240
<v Speaker 1>um and how we truly do have to lock arms

0:30:45.560 --> 0:30:49.160
<v Speaker 1>literally and figuratively, right, because sometimes it's just locking arms

0:30:49.200 --> 0:30:52.160
<v Speaker 1>to keep each other, you know, held up and standing.

0:30:53.000 --> 0:30:56.440
<v Speaker 1>Other times it's using the resources that I have to

0:30:56.640 --> 0:30:59.120
<v Speaker 1>put you onto whatever it is that you want to do.

0:30:59.200 --> 0:31:04.800
<v Speaker 1>But there is is there is a palpable power that

0:31:04.880 --> 0:31:08.960
<v Speaker 1>we have in that collaboration that we don't see as

0:31:09.040 --> 0:31:12.000
<v Speaker 1>much in our community as right because again, you know,

0:31:12.200 --> 0:31:14.360
<v Speaker 1>we all know the history because it's the competition we

0:31:14.400 --> 0:31:19.280
<v Speaker 1>bring each other down. Um that collaboration. There's something there,

0:31:19.320 --> 0:31:23.320
<v Speaker 1>the spirit of it. There's a something there that I

0:31:23.440 --> 0:31:28.000
<v Speaker 1>believe if we just if we nourish it right, if

0:31:28.040 --> 0:31:31.800
<v Speaker 1>we nurture it, what we will see happen in business

0:31:31.800 --> 0:31:35.760
<v Speaker 1>in our communities and what this generational wealth actually looks

0:31:35.800 --> 0:31:39.600
<v Speaker 1>like and being able to begin to experience in mass

0:31:40.480 --> 0:31:45.360
<v Speaker 1>that's what will change for us in our communities. Beautiful.

0:31:45.480 --> 0:31:52.280
<v Speaker 1>I love these visions for us. All Right, We have

0:31:52.360 --> 0:31:56.560
<v Speaker 1>some questions. Do I see ouh, Mike? Maybe I'll give

0:31:56.600 --> 0:32:13.520
<v Speaker 1>my Mike will has got me? Hello, ladies. My name

0:32:13.560 --> 0:32:16.640
<v Speaker 1>is Monica Monique, and I'm a fashion designer and I've

0:32:16.640 --> 0:32:19.440
<v Speaker 1>been in the retail industry for about seventeen years, on

0:32:19.600 --> 0:32:22.120
<v Speaker 1>my brand for fourteen years, and had my clothing store

0:32:22.120 --> 0:32:24.920
<v Speaker 1>for seven years. In the pandemic, just like you said,

0:32:24.920 --> 0:32:28.880
<v Speaker 1>I kind of my specialty was evening where gowns, weddings,

0:32:28.960 --> 0:32:36.440
<v Speaker 1>specialty suits, all those things. Though, see you I need

0:32:36.480 --> 0:32:40.400
<v Speaker 1>one bus. We're lucky, so you know I needed a

0:32:40.440 --> 0:32:44.320
<v Speaker 1>Ladybugs suit. Um. But yeah, So in the pandemic, I

0:32:44.360 --> 0:32:47.640
<v Speaker 1>had to pivot and I started developing an app where

0:32:47.720 --> 0:32:50.880
<v Speaker 1>it's basically like door Dash but for retail stores, where

0:32:50.920 --> 0:32:53.400
<v Speaker 1>it's called shop Mo and Mo's about M A U

0:32:53.680 --> 0:32:57.160
<v Speaker 1>X and basically you find local retail stories through the app.

0:32:57.240 --> 0:33:00.120
<v Speaker 1>You shopped their collection and get it delivered or or

0:33:00.160 --> 0:33:03.680
<v Speaker 1>you can pick up and and we're launched in this summer.

0:33:04.360 --> 0:33:07.440
<v Speaker 1>But the difficulty I'm having with investors is them saying

0:33:07.960 --> 0:33:10.719
<v Speaker 1>it's too soon for me to invest in the amount

0:33:10.720 --> 0:33:14.760
<v Speaker 1>of money that I'm asking for or valuing my company

0:33:15.120 --> 0:33:18.400
<v Speaker 1>or the concept with the amount of money that I

0:33:18.440 --> 0:33:21.880
<v Speaker 1>feel like I would need to compete with the other company.

0:33:21.960 --> 0:33:25.920
<v Speaker 1>How much are you raising? I want to raise five thousand. Oh,

0:33:25.960 --> 0:33:27.720
<v Speaker 1>that's not too much, And I don't feel like that's

0:33:27.720 --> 0:33:32.760
<v Speaker 1>too much. I don't know, like that's too much. But

0:33:32.800 --> 0:33:36.240
<v Speaker 1>a lot of the people that I'm speaking to are saying, like, oh, well,

0:33:36.240 --> 0:33:38.680
<v Speaker 1>this is your first tech tech company, even though retail

0:33:38.760 --> 0:33:41.160
<v Speaker 1>is what I've been doing for a long time. How

0:33:41.160 --> 0:33:44.600
<v Speaker 1>do I secure and ask for the investment that I

0:33:44.640 --> 0:33:47.760
<v Speaker 1>feel I need to actually give myself some leeway to succeed.

0:33:51.640 --> 0:33:53.800
<v Speaker 1>So I have this conversation with every single person in

0:33:53.800 --> 0:33:56.640
<v Speaker 1>this room. Seriously, this is where it starts. Right, Look,

0:33:56.680 --> 0:33:58.959
<v Speaker 1>we know the problem. The problem is that we all

0:33:59.000 --> 0:34:02.680
<v Speaker 1>are expected to raise end some family money because venture capitalists,

0:34:02.680 --> 0:34:05.400
<v Speaker 1>despite the fact that risky investments is the whole name

0:34:05.400 --> 0:34:07.640
<v Speaker 1>of their game, right, they look at this room and

0:34:07.720 --> 0:34:10.319
<v Speaker 1>they say, oh, that's too much risk, right. And then

0:34:10.360 --> 0:34:12.200
<v Speaker 1>we also know that we are just barred in so

0:34:12.239 --> 0:34:15.480
<v Speaker 1>many ways from traditional commercial lending. Right, So it is

0:34:15.520 --> 0:34:17.360
<v Speaker 1>that it's the burden we bear, right. And then we

0:34:17.440 --> 0:34:19.560
<v Speaker 1>don't come from communities of wealth, and so friends and

0:34:19.560 --> 0:34:21.319
<v Speaker 1>family money is really hard to raise, right. So that's

0:34:21.360 --> 0:34:24.800
<v Speaker 1>the whole issue. So I'm not saying again it's not easy,

0:34:24.880 --> 0:34:27.600
<v Speaker 1>but you got to say that to every single person here,

0:34:27.600 --> 0:34:29.440
<v Speaker 1>because you saw Morgan's reaction wor It's like, oh, that's

0:34:29.440 --> 0:34:31.680
<v Speaker 1>not that much money, right, We can get that, We

0:34:31.680 --> 0:34:33.959
<v Speaker 1>can get that done right. But again it goes back

0:34:34.000 --> 0:34:36.200
<v Speaker 1>to we got to ask ask everybody you know. And

0:34:36.239 --> 0:34:38.600
<v Speaker 1>if you see somebody who doesn't look like us who's

0:34:38.640 --> 0:34:40.200
<v Speaker 1>raising all that money, we need to go ask them

0:34:40.239 --> 0:34:43.600
<v Speaker 1>too exactly what those intent secrets are that we aren't

0:34:43.600 --> 0:34:46.440
<v Speaker 1>talking about. Right. So my point here is these things

0:34:46.560 --> 0:34:49.239
<v Speaker 1>are hard, they're not impossible. We got to change the

0:34:49.239 --> 0:34:51.440
<v Speaker 1>system so they're no longer hard. But until we do,

0:34:51.640 --> 0:34:54.799
<v Speaker 1>and as we do, this is the room. Walk around. Hi,

0:34:54.960 --> 0:34:57.239
<v Speaker 1>this is who I am. What do you need? Right?

0:34:57.560 --> 0:34:59.200
<v Speaker 1>This is high This is who I am. This is

0:34:59.239 --> 0:35:02.160
<v Speaker 1>what I need. Get the question. Hold on one second.

0:35:02.160 --> 0:35:04.520
<v Speaker 1>Will I think we might have some angel investors and

0:35:04.600 --> 0:35:06.839
<v Speaker 1>investors in the room. Give me a big hand raise

0:35:06.880 --> 0:35:10.959
<v Speaker 1>if you've an angel invested before in this room. Yeah,

0:35:11.000 --> 0:35:12.279
<v Speaker 1>we got a couple of people in the room. There

0:35:12.320 --> 0:35:16.760
<v Speaker 1>you go, so we'll start here. Awesome. Um, Hi everyone,

0:35:16.800 --> 0:35:19.680
<v Speaker 1>my name is Rebecca Gordon. I'm from Brooklyn, New York,

0:35:19.880 --> 0:35:23.799
<v Speaker 1>off of Tompkins Avenue. Saw that story is right for me. Um.

0:35:23.840 --> 0:35:27.560
<v Speaker 1>I actually graduated Northwestern School of Law in the pandemic

0:35:27.880 --> 0:35:31.720
<v Speaker 1>and thank you, cool blood, I got honors, Thank you.

0:35:32.200 --> 0:35:36.160
<v Speaker 1>I worked for that. UM. But like many people during

0:35:36.160 --> 0:35:39.040
<v Speaker 1>the pandemic, it just shifted the world upside down. So

0:35:39.120 --> 0:35:42.240
<v Speaker 1>I had a whole vision of my graduation, and graduations canceled.

0:35:42.560 --> 0:35:44.279
<v Speaker 1>I was like, wait a second, I'm creative. So I

0:35:44.400 --> 0:35:47.320
<v Speaker 1>designed my whole virtual graduation by myself and did everything

0:35:47.360 --> 0:35:50.879
<v Speaker 1>production and music artists, all that stuff. Um. But one

0:35:50.880 --> 0:35:53.200
<v Speaker 1>thing about law school. They farmed you right into law firms.

0:35:53.200 --> 0:35:55.560
<v Speaker 1>Worked at a law firm for two years, made good money,

0:35:55.600 --> 0:36:00.160
<v Speaker 1>but was like eating at my soul, and finally decided to, um,

0:36:00.320 --> 0:36:03.680
<v Speaker 1>just put into my company, which is digital marketing media,

0:36:03.760 --> 0:36:07.080
<v Speaker 1>a brand management in our business, and legal advisement. UM.

0:36:07.160 --> 0:36:09.680
<v Speaker 1>So my question to you is for those who are

0:36:09.719 --> 0:36:13.000
<v Speaker 1>in seasons of transition and pivoting, what are some of

0:36:13.040 --> 0:36:15.799
<v Speaker 1>the markers you consider when you're about to make that

0:36:15.880 --> 0:36:19.680
<v Speaker 1>next business move or that next transition. What are the

0:36:19.719 --> 0:36:25.520
<v Speaker 1>markets you're looking for as you're forecasting your next move? Okay,

0:36:25.560 --> 0:36:30.239
<v Speaker 1>that one I'm trying. I'm going through. Um, this is

0:36:30.280 --> 0:36:36.120
<v Speaker 1>gonna sound well, I don't know my gut. I will

0:36:36.280 --> 0:36:42.239
<v Speaker 1>tell you, UM, I know things here oftentimes before I

0:36:42.280 --> 0:36:45.160
<v Speaker 1>know them here. So I'm gonna start there right Because

0:36:45.200 --> 0:36:49.440
<v Speaker 1>sometimes we don't listen to this and we will intellectualize,

0:36:49.520 --> 0:36:52.880
<v Speaker 1>rationalize everything, and you know it's what I call paper

0:36:52.920 --> 0:36:59.040
<v Speaker 1>perfect in real life crazy. Right, So this for me

0:36:59.440 --> 0:37:01.440
<v Speaker 1>is where it's arts. And then there's kind of the

0:37:01.480 --> 0:37:05.960
<v Speaker 1>analysis right of the things that So it's is this

0:37:06.160 --> 0:37:12.160
<v Speaker 1>getting me closer right to where I want to be? Right?

0:37:12.600 --> 0:37:15.680
<v Speaker 1>So for me, my want to be is it's I'm

0:37:15.760 --> 0:37:19.759
<v Speaker 1>of service. I believe that's my purpose. Right. Is this

0:37:19.920 --> 0:37:22.560
<v Speaker 1>brooting you and centering you and your purpose or is

0:37:22.600 --> 0:37:27.440
<v Speaker 1>it taking you from that? Right? If it is, I

0:37:27.600 --> 0:37:30.279
<v Speaker 1>want to be of service to my commute, is this

0:37:30.400 --> 0:37:33.840
<v Speaker 1>helping with that? What? And I can't answer that what

0:37:34.080 --> 0:37:36.400
<v Speaker 1>for you? But I'm just saying some of the questions

0:37:36.440 --> 0:37:40.359
<v Speaker 1>to ask, um, I'm gonna throw one back at you

0:37:40.400 --> 0:37:42.399
<v Speaker 1>really quickly. Do you feel like you know what your

0:37:42.400 --> 0:37:48.680
<v Speaker 1>purpose is? Okay, boom? That's it if it's getting you

0:37:48.760 --> 0:37:55.399
<v Speaker 1>closer there? And if it's not. They're always pivots, right,

0:37:55.520 --> 0:37:59.399
<v Speaker 1>we pivot and everything. And in that pivot, I think

0:37:59.440 --> 0:38:00.919
<v Speaker 1>one of the other things I want to make sure

0:38:00.920 --> 0:38:05.080
<v Speaker 1>the stresses. We often sit so long and I don't

0:38:05.120 --> 0:38:08.080
<v Speaker 1>want to make the wrong decision, right, what if I fail?

0:38:08.239 --> 0:38:12.000
<v Speaker 1>What if this? Like it's called we're human? Right, the

0:38:12.040 --> 0:38:14.160
<v Speaker 1>best of us don't get it right all the time.

0:38:14.800 --> 0:38:19.120
<v Speaker 1>Fail fast, learned, pivot right, but stay centered because whatever

0:38:19.120 --> 0:38:21.560
<v Speaker 1>that purpose in that north star that's guiding you, as

0:38:21.600 --> 0:38:25.000
<v Speaker 1>long as you focus on that, I promise you the

0:38:25.120 --> 0:38:29.359
<v Speaker 1>individual steps and pivots they'll fall into place because you're

0:38:29.360 --> 0:38:32.120
<v Speaker 1>looking there and you know that the path. You know

0:38:32.200 --> 0:38:34.200
<v Speaker 1>what the path is to get you there. Right. You

0:38:34.280 --> 0:38:36.400
<v Speaker 1>might not be able to map it out, but you

0:38:36.440 --> 0:38:40.799
<v Speaker 1>do know the steps when they're in front of you. Absolutely.

0:38:41.719 --> 0:38:48.080
<v Speaker 1>Next question right here, this is our last question. Hello, greetings, um,

0:38:48.120 --> 0:38:52.879
<v Speaker 1>Siva Morrigan And before I say anything else, I would

0:38:52.920 --> 0:38:55.479
<v Speaker 1>like to thank you sisters. But what do you guys

0:38:55.480 --> 0:38:59.759
<v Speaker 1>are doing right now? Um? I really wasn't sure if

0:38:59.800 --> 0:39:03.520
<v Speaker 1>I should attend AFRO Tech or not because I was

0:39:03.600 --> 0:39:08.720
<v Speaker 1>separating from the corporate world. Um. I'm currently a sales

0:39:08.760 --> 0:39:13.320
<v Speaker 1>force developer for a Healthy, Healthy and Health I t UM.

0:39:13.360 --> 0:39:17.680
<v Speaker 1>But I did start my own LLLC Nano Tree LLLC

0:39:18.040 --> 0:39:22.879
<v Speaker 1>as a health coach. My masters is from Georgetown and biophysics,

0:39:23.000 --> 0:39:30.600
<v Speaker 1>and I did not want to go the medical route anymore. Latrevia, latrevia, latrevia.

0:39:31.120 --> 0:39:34.880
<v Speaker 1>I see you and I'm very grateful that you're on

0:39:34.960 --> 0:39:41.919
<v Speaker 1>the stage walking in my purpose and finding exactly what

0:39:42.000 --> 0:39:46.400
<v Speaker 1>am I supposed to do for the corporate world. And

0:39:46.920 --> 0:39:51.480
<v Speaker 1>that's why I was worried about attending afro Tech conference,

0:39:51.719 --> 0:39:57.160
<v Speaker 1>because I do feel like a lot of black wealth

0:39:57.280 --> 0:40:02.279
<v Speaker 1>and black important people means your corporate and that's I

0:40:02.400 --> 0:40:05.640
<v Speaker 1>want to find a way that I can still be

0:40:05.840 --> 0:40:09.880
<v Speaker 1>impactful to the community very much, very much stay in

0:40:09.920 --> 0:40:13.759
<v Speaker 1>my purpose as a health coach and self care like

0:40:13.840 --> 0:40:18.400
<v Speaker 1>you've mentioned, but I still will like to be find

0:40:18.440 --> 0:40:22.680
<v Speaker 1>a way to be financially stable and make that difference

0:40:23.120 --> 0:40:27.640
<v Speaker 1>if I if it's possible for someone like us to

0:40:27.760 --> 0:40:33.680
<v Speaker 1>still stay in our purpose while in that place beautiful,

0:40:35.080 --> 0:40:37.920
<v Speaker 1>we see you, We see you, and it is possible.

0:40:39.040 --> 0:40:42.000
<v Speaker 1>You have three examples here and so many more in

0:40:42.040 --> 0:40:56.000
<v Speaker 1>this road Ye Black Tech, Green Money is the production

0:40:56.040 --> 0:40:59.560
<v Speaker 1>of Black atiafro Tech, Black Effect Podcast Network and I

0:40:59.680 --> 0:41:02.320
<v Speaker 1>Hurt Media, and it's produced by Morgan Dabon and me

0:41:02.880 --> 0:41:07.000
<v Speaker 1>Will Lucas, with additional productions supported by Love Beata Merissa Lewis.

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<v Speaker 1>Special thank you to Michael Davis, Jermain Hall, ne Van

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<v Speaker 1>neces Serrano. Learn more about my guests and other technics

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<v Speaker 1>innovators at afrotech dot com. Enjoy your black tech, green money.

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<v Speaker 1>It was a five star raping on iTunes. Go get

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<v Speaker 1>your money. He's in love.