Many people want to get rich or become a millionaire but don’t know where to start. Listen to invaluable tips from this week’s Dreamer, Cedric Nash, who started investing in the stock market and real estate in the early nineties, and became a millionaire at 31.

Cedric is the founder of The Black Wealth Summit and the author of Why Should White Guys Have All the Wealth?

Cedric is on a mission to help Black community close the racial wealth gap.

In this episode, Cedric Nash discusses:

• Investing principles that helped him become a millionaire twenty years ago, and continue to accumulate wealth since then
• Six levels of wealth
• Building wealth through entrepreneurship vs. 9-to-5 jobs
• Transmitting the  millionaire mindset to children
• Lessons from his 30 years experience as a real estate investor
• Investing in private equity to 10X your wealth, what it is and who qualifies to invest

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TOPIC POINTS

• Exposure to a more abundant life shaped his outlook on money [02:29]
• Encountering his mentors throughout his life developed his money mindset [04:11]
• Living modestly is one of the principles rooted in his mentors [7:20]
• Define your wealth to define your destination [9:24]
• Six levels of wealth [10:14]
• Making millions means making extreme sacrifices of your time. [15:07]
• Children are not good listeners but they are good at imitating adults. [18:56]
• Multi-family home is a good real estate property investment [19:39]
• Diversify your portfolio through private equity investment. [22:05]

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