Share The Wealth Show

It takes more than one person to break generations of racial barriers. We all have to work together to empower our people and bring economic and social transformation. In this Flashback Friday Featured episode, Thomas Lopez-Pierre joins us again today to talk about how we can take action to create collective change. Supporting black businesses and black banks is key to a thriving community. He also believes that we need to learn from other groups who overcame their own struggles and have the knowledge and resources to help us close the wealth gap. Listen in for another packed episode with Thomas! ________________________________ FREE Discovery call for The Microfamily Investing Accelerator  https://calendly.com/noirvest/microfamilymavericks  ________________________________   [00:01 - 17:00] Coming Together To Build Black Wealth Check out part 1 of the interview with Thomas! How to grow the business and community through strong partnerships The education versus capitalist society Learning from other groups and leveraging capitalism Black people need to be smarter in their investments [17:01 - 24:09] Closing Segment The final 2 questions Thomas on diversification: Believing in diversity and not putting all the money in one developer Connect with Thomas!   Key Quotes “If you're going to live the Gucci lifestyle, the bling-bling lifestyle, do it off passive income, don't do it off earned income.” - Thomas Lopez-Pierre “I hate to break it to you: Your home, it's not an investment. Your home is an expense. You have to pay a mortgage for that and if you stop paying the mortgage, you get foreclosed. An investment is when you have tenants paying you rent, and if they stop paying you rent, you will evict them. That's an investment of black people, food for thought.”- Thomas Lopez-Pierre “Invest in things that produce cash flow, not things that make you feel like a bourgeois, you know, feeling important because you will achieve some social status.”- Thomas Lopez-Pierre Resource Mentioned: The Color of Money by ​​Mehrsa Baradaran https://www.amazon.com/Color-Money-Bl... Connect with Thomas Lopez-Pierre through his website https://blmref.com/ and follow him on his socials at Facebook https://www.facebook.com/thomaslopezp... and Twitter https://twitter.com/votelopezpierre?l..

Ep 65 - For far too long, the playing field has been tilted in favor of those with power and wealth, leaving many individuals and communities struggling to make ends meet. But there are ways to navigate the system and leverage its resources to build a better future for yourself and your loved ones.❤️ In this episode, Savannah D'Orazio talks about the systemic barriers that have prevented many individuals and communities from achieving financial success. She also shares her insights on how one can overcome these obstacles by acquiring the necessary skills to navigate the system and leverage it to their advantage, ultimately creating a brighter future for oneself and establishing generational wealth for their family. Savannah D'Orazio aka Sav Works is a financial coach and educator who is passionate about helping individuals and families build wealth and achieve financial freedom. With years of experience in business, Savannah has developed expertise in strategic planning, investing, and more. She believes that financial education is a critical tool for empowering people to take control of their financial futures and achieve their goals. Through the Generational Wealth Works 30 day Wealth Building Jumpstart Program, Savannah and her partner Chris help clients to navigate the complex world of personal finance and support their journey to build generational wealth for themselves and future generations. So sit back, grab a pen and paper, and join us as we explore how to turn the tables on a system that was built to hold you back.   ________________________________ FREE Discovery call for The Microfamily Investing Accelerator  https://calendly.com/noirvest/microfamilymavericks ________________________________   Key Quotes: “It's important to step outside of that fear and outside of those what I think are just like emotional blocks, and really step into understanding, if this is how the system operates, how can I use that to ultimately, still meet my goals." - Savannah D'Orazio “Generational wealth is one’s ability to accumulate resources that last them or the people that they care for longer than one generation. It’s about originating and adding value in a way that can sustain you,” - Savannah D'Orazio   Resources mentioned: The Power of Zero https://www.amazon.com/gp/product/1984823078/ref=sw_img_1?smid=ATVPDKIKX0DER&psc=1   Connect with Savannah! Website - http://www.generationalwealthworks.com/  Youtube - https://www.youtube.com/@the_works    ___________________________________________ Let’s get connected!  You can find Nicole on  LinkedIn https://www.linkedin.com/in/nicole-pendergrass/ Instagram https://www.instagram.com/nvestornikki/?hl=en Facebook https://www.facebook.com/nvestornikki or Visit her website https://noirvestholdings.com  LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of Share the Wealth Show here. https://podcasts.apple.com/us/podcast/share-the-wealth-show/id1622218163 

Success and achieving financial freedom in real estate is the "American dream." Of all the possible career paths and pathways you could take to get there, becoming a successful successful real estate investor is one of the most lucrative and fastest ways to achieve wealth and prosperity. But it doesn’t come easy if you’re Black and poor. In this Flashback Friday Featured episode, Thomas Lopez-Pierre discusses how black people can secure their financial future, achieve equal opportunities and create passive income and build wealth for themselves and their families. Thomas Lopez-Pierre serves as President/CEO of Black Lives Matter Real Estate Forum, LLC, a Black and Hispanic-owned social impact advisory firm that specializes in launching economic empowerment campaigns that build wealth and create jobs for Black and Hispanic people. Black Lives Matter Real Estate Forum, LLC was founded on June 12, 2020, in the wake of the murder of George Floyd by the police. Black Lives Matter Real Estate Forum, LLC sponsors a family of private equity real estate funds (i.e.: BLMREF Fund I, LLC, Black Doctors Real Estate Fund, Black Lawyers Real Estate Fund).   ________________________________ FREE Discovery call for The Microfamily Investing Accelerator  https://calendly.com/noirvest/microfamilymavericks  ________________________________   [00:01 - 13:30] Who is Thomas Lopez-Pierre? How the Black Lives Matter Real Estate Forum started Generating a passive income with your earned income through real estate Creating opportunities and jobs for the black community How to get started in investing [13:31 - 18:48] Working Hard Is Not Enough The lies Black Americans believe Hard work versus smart work Colorism: How skin tone bias affects racial equality on opportunities Hard truth: Education does not equate to high pay The advantage of owning a property [18:49 - 23:04] Black People Need Economic Power What keeps the black community from supporting each other Breaking free from the slave mentality We need more black-owned businesses [23:05 - 23:49] Closing Segment Watch out for part 2 of our conversation with Thomas!   Key Quotes “White folks just have more choices, and so their children are less likely to engage in antisocial and criminal behavior. We want to give our community those same choices.” - Thomas Lopez-Pierre “Tenants don't pay you rent because you have a college degree. They pay you rent because your name is on the deed.” - Thomas Lopez-Pierre “Black Americans have the lowest of any group of buying real estate, securities, starting businesses… We have to give our people economic opportunity.” - Thomas Lopez-Pierre Connect with Thomas Lopez-Pierre through his website 

Ep 64 - Closing a multimillion-dollar deal is an achievement that requires a deep understanding of your own value and the ability to effectively communicate it to others.  In today's fast-paced business environment, it's more important than ever to have a strong sense of your own worth and the unique value you bring to the table. On this episode of the Share The Wealth Show, we are pleased to welcome back Clive Davis, as he continues to share the strategies he used and his experience in successfully closing multi-million dollar deals with the right mindset. After graduating from Columbia Law School, Clive worked for four years as a corporate transactional lawyer in Banking, Real Estate, M&A and Securities with a global Wall Street law firm, headquartered in NY, NY, with assignments in Menlo Park, CA and Hong Kong, China. Six years In-house counsel experience with a global pharmaceutical company, headquartered in New York. Nine years in Atlanta as a Chief Compliance Officer of a Belgian biopharmaceutical company. Clive holds a Juris Doctorate from the Columbia University School of Law and is admitted to practice in New Jersey, New York, and before the Court of International Trade. He holds a M.A. from SUNY at Albany and a B.A., with high honors, Rutgers University. Throughout the entirety of this twenty-year career, he remained actively invested in real estate with a small portfolio of holdings.   Clive decided 2017 was the time and walked away from corporate life in pursuit of his interests and passion as a full-time real estate investment entrepreneur. Since founding Park Royal Capital in 2017 Clive Davis has personally invested in more than 2,500 multifamily rental units, as well as a portfolio of hotels based in Atlanta where he has resided since 2005. Most recently Park Royal Capital acquired two Atlanta multifamily properties totaling 444 units with a combined value of over $70M. So whether you're a seasoned negotiator or just starting out in your career, this episode is packed with valuable insights and strategies to help you close bigger deals with mindset and find your value in the process. So sit back, relax, and enjoy the show!   ________________________________ FREE Discovery call for The Microfamily Investing Accelerator  https://calendly.com/noirvest/microfamilymavericks ________________________________     Quote: “Mindset is so key in this business and not just in real estate, but definitely it's needed.  You have to have the right mindset. You got to figure out what advantages you bring to the table.” - Clive Davis “You've got to know who you are and the value that you bring.” - Clive Davis “Wealth means the freedom to do the things that you deem to be important.” - Clive Davis   Connect with Clive! Website - www.parkroyalcapital.com  Linkedin - https://www.linkedin.com/in/clivedavisesq/    ___________________________________________ Let’s get connected!  You can find Nicole on  LinkedIn https://www.linkedin.com/in/nicole-pendergrass/ Instagram https://www.instagram.com/nvestornikki/?hl=en Facebook https://www.facebook.com/nvestornikki or Visit her website https://noirvestholdings.com    LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of Share the Wealth Show here.

For anyone who has dreams of building their own real estate empire, Jhanel Wilson is a testament that the opportunities to succeed in the industry as a minority and a woman are truly endless. With grit, creativity, and finesse, she started her journey with a lack of capital and, nearly two decades later, has built a portfolio worth over $10 million, comprising 100-plus units. A chemical engineer-turned-investor, Jhanel’s mission is to assist others in removing the fear and complexities around breaking into real estate. By empowering people with the knowledge and resource they need, she hopes to demonstrate how real estate can help individuals to achieve financial freedom and gain greater control over their lives.  In today's Flashback Friday Featured episode, Jhanel drops some valuable nuggets of wisdom for those looking to break into the industry. Let’s get started!  ________________________________ FREE Discovery call for The Microfamily Investing Accelerator  https://calendly.com/noirvest/microfamilymavericks  ________________________________    [00:01 - 16:50] Who is Jhanel Wilson? Investing in real estate at 22 Using debt as a capital Her strategy: Shifting from credit cards to commercial loans  [16:51 - 27:00] How to Use 100% Financing to Build a Real Estate Empire Types of lenders to make your necessary purchase Use the top-tier lenders who have the best rates Networking and building relationships are key to success The common misconceptions of new homebuyers Choose who you listen to Listen to people who are successful in real estate [27:01 - 37:57] Creating Wealth and Setting up a Protection Plan Jhanel talks about her portfolio and what it is comprised of How to protect her portfolio Making a non-investor a trustee Her advice for those just starting out in the industry Learn how to spot a property that’s less than what it's worth and know how to get it up and running  [37:58 - 44:05] Closing Segment  The final 2 questions Jhanel on diversification: Focus on one thing and master it Connect with Jhanel! Key Quotes “This is a common misconception that you can only use business loans or commercial loans on business properties. But no, you're just using these properties as a business… You can get a commercial loan, a business loan on a single-family home because it's generating income. ” - Jhanel Wilson  “Some problems are bigger than the next, but they think it's a lot harder than it really is. And maybe once you kind of unlock that, it's not that bad. You kind of start and just go.” - Jhanel Wilson “It's because there is like so many negative people and naysayers that scare you. And you don't realize that you shouldn't listen to them. You don't listen to people who were not successful with it. You shouldn't listen to people who are not investors.” - Jhanel Wilson Connect with Jhanel! [email protected]

Ep 63 - In today’s episode of the Share The Wealth Show, Clive Davis will be discussing a common misconception about passing W2 income to your heirs, and his journey of leaving the corporate world to provide his children with more opportunities and choices in life. ✨ After graduating from Columbia Law School, Clive worked for four years as a corporate transactional lawyer in Banking, Real Estate, M&A and Securities with a global Wall Street law firm, headquartered in NY, NY, with assignments in Menlo Park, CA and Hong Kong, China. Six years In-house counsel experience with a global pharmaceutical company, headquartered in New York. Nine years in Atlanta as a Chief Compliance Officer of a Belgian biopharmaceutical company. Clive holds a Juris Doctorate from the Columbia University School of Law and is admitted to practice in New Jersey, New York, and before the Court of International Trade. He holds a M.A. from SUNY at Albany and a B.A., with high honors, Rutgers University. Throughout the entirety of this twenty-year career, he remained actively invested in real estate with a small portfolio of holdings. Clive decided 2017 was the time and walked away from corporate life in pursuit of his interests and passion as a full-time real estate investment entrepreneur. Since founding Park Royal Capital in 2017 Clive Davis has personally invested in more than 2,500 multifamily rental units, as well as a portfolio of hotels based in Atlanta where he has resided since 2005. Most recently Park Royal Capital acquired two Atlanta multifamily properties totaling 444 units with a combined value of over $70M. So, join us as we dive into Clive’s journey and the importance of building wealth and creating opportunities for the next generation!   ________________________________ FREE Discovery call for The Microfamily Investing Accelerator  https://calendly.com/noirvest/microfamilymavericks  ________________________________   Quote: “If you believe in yourself, failure is not an option.” - Clive Davis “It doesn't matter how highly compensated you are, you cannot pass on a high W2 income to your heirs. So, you've got to be thinking about, If I am blessed to be highly compensated, what am I doing to convert that high W2 income into appreciating assets that are going to contribute to the creation of generational wealth.” - Clive Davis “When I talk about generational wealth, I'm talking about impacting my not yet conceived grandchildren. So, I already know my kids are going to be fine, but I'm talking about leaving something that my grandchildren, who may or may not come to know me, they will be fine based upon the foundation that I've set for them.” - Clive Davis “I wanted them (my kids) to have the privilege to be able to select the thing that they are truly passionate about. I think you should give your children all the privilege that you you're able to and you're blessed to.” - Clive Davis   Connect with Clive! Website - www.parkroyalcapital.com  Linkedin - https://www.linkedin.com/in/clivedavisesq/    ___________________________________________ Let’s get connected!  You can find Nicole on  LinkedIn https://www.linkedin.com/in/nicole-pendergrass/ Instagram https://www.instagram.com/nvestornikki/?hl=en Facebook https://www.facebook.com/nvestornikki or Visit her website

In today's Flashback Friday Featured episode, We’ve talked about financial wealth but we’re putting the focus on mental wealth. Now more than ever, in these uncertain times, we all need to know how to take care of ourselves. Rich Jones sits down with us today to share his story of healing and shifting into a more holistic lifestyle. From personal finance advice, he also talks about centering his work more on holistic wellness, which he believes is essential to our physical and mental health. Rich is the host of The Mental Wealth Show and Executive Editor of Find More Balance, a multimedia platform dedicated to holistic wellness for high performers. He's also a master's track and field athlete competing around the country in the long jump. By day, Rich works in Diversity, Equity, and Inclusion at Google.   ________________________________ FREE Discovery call for The Microfamily Investing Accelerator  https://calendly.com/noirvest/microfamilymavericks  ________________________________   [00:01 - 09:47] Who is Rich Jones? His season of healing and going back to being a track and field athlete Seeking holistic wellness and helping others to know about it Rich explains the benefits of ice baths [09:48 - 31:45] Going Through a Holistic Journey How Rich is using his credit cards to fit his lifestyle Effectively accumulating points Taking a mental health leave from his job and learning about his CPTSD Building his support system and how it helped him with his struggles, especially with alcohol Getting to the root of his issues with EDMR therapy It’s never about what’s happening in the moment Shifting from Paychecks & Balances to Find More Balance Personal finance is still important but it’s about looking at a bigger picture Being able to speak publicly about his problems is a testament that therapy and self-care works Why you need to find time for yourself [31:46 - 39:11] Closing Segment The final 2 questions Rich on diversification: Take a pause when you need to and don’t do too much at the same time Connect with Rich! Key Quotes: “I've really been learning through this holistic journey how to create a lifestyle that works for me. And that allows me to achieve more of what I want in life while also still having financial freedom and not creating debt for myself.” - Rich Jones “When we get triggered, it's never about that thing that's happening in the moment. It's about something that was encoded and embedded a long, long time ago.” - Rich Jones “There has to be some time that like, you carve out that’s just for you and once you get consistent about it, you train everybody else around you that like that time as you.” - Rich Jones Connect with Rich Jones! Follow him on LinkedIn https://www.linkedin.com/in/iamrichjo... Instagram 

Ep 62 - Success is something that we all strive for, but it can often seem elusive and difficult to attain. In today’s episode of Share The Wealth Show, we are pleased to have Donte back with us to continue sharing his journey to success and the key steps he took to reach his goals. Donte Jones is a corporate attorney and entrepreneur who was born and raised in East Harlem. He graduated from A. Phillip Randolph High School and earned a degree in Finance from The State University of New York College at New Paltz, where he joined INROADS and Omega Psi Phi Fraternity, Incorporated. He worked at J.P. Morgan Chase for ten years before earning his Juris Doctor from the University of North Carolina School of Law. Donte is also the CEO of Lyrically Correct, a music trivia card game, and is actively involved in philanthropy. Donte is extremely proud of establishing the Matthew Jones Scholarship for a Professional Wardrobe given to students at A. Philip Randolph. and co-founded C.O.O.L Kids NYC, a non-profit organization that cultivates socially conscious leaders in the next generation. Donte believes that it is his duty to take the knowledge and experience he has gained and use it to help better the lives of the children in his community. When Donte is not functioning as a lawyer or business owner, he enjoys spending time with his amazing wife, Tiffany (who is also from Harlem), and his children Morgan and Donte Jr. who are affectionately known as MJ and Deuce.  So if you're ready to unlock your potential, tune in to this episode as we explore the key steps to success.   ________________________________ FREE Discovery call for The Microfamily Investing Accelerator  https://calendly.com/noirvest/microfamilymavericks  ________________________________   Quote: “Wealth means Freedom, I grew up really, really poor and we're captive to poverty a lot of time and I don't have the freedom to try certain things. Sometimes poverty doesn't allow you to diversify, so you're stuck in ignorance.” - Donte Jones    “People try to learn before they do because that's what we're taught.  We're taught to learn before you do, school teaches you to read the instructions.  You do this and do that right. But in business just do.”  - Donte Jones   “ Step one is do and then as you're doing, learn. The learning process is scary, the more you learn, the more scared you're gonna get, the more afraid you're gonna be and you're never gonna do.” - Donte Jones     Connect with Donte! Website - www.LyricallyCorrect.com  Instagram - @LyricallyCorrectGame    ___________________________________________ Let’s get connected!  You can find Nicole on  LinkedIn https://www.linkedin.com/in/nicole-pendergrass/ Instagram https://www.instagram.com/nvestornikki/?hl=en Facebook https://www.facebook.com/nvestornikki or Visit her website https://noirvestholdings.com    LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of Share the Wealth Show here. https://podcasts.apple.com/us/podcast/share-the-wealth-show/id1622218163 

In today's Flashback Friday Featured episode, Larry Pendleton joins us to provide useful tips on how entrepreneurs can be smarter with taxes. He goes in-depth on business structures and breaks down their tax implications. Larry also shares his thoughts on how minorities and non-minorities approach their tax and wealth-building strategies, and why he is building passive cash flow through real estate. Larry Pendleton is a real estate investor and CPA with a passion for adding value to fellow investors through tax consulting and accounting services. His mission is to help people achieve financial freedom through real estate investing and tax strategies. He’s been a CPA for over 8 years with over a decade of experience in tax consulting & preparation, cost segregation studies, accredited investor validation, accounting, auditing, and bookkeeping. His team consists of 5 tax and accounting professionals servicing 200+ professionals in real estate in the US. He also brings over 6 years of real estate experience in buy and hold multi & single-family housing, corporate housing, short-term rentals, and flips. He has stakes in various syndications and joint ventures across the US overseeing 11 cash-flowing properties, consisting of 53 doors and 2 lots of land for new construction in 2022. He adds value to these groups in capital raising, tax strategy, investor relations, and underwriting. Most importantly, Larry is married to his beautiful wife, Whitney, and he’s the proud father of two handsome sons, Larry III and Wesley.   ________________________________ FREE Discovery call for The Microfamily Investing Accelerator  https://calendly.com/noirvest/microfamilymavericks  ________________________________   [00:01 - 11:15] Who is Larry Pendleton? Larry discusses how he got into real estate His background in public accounting, audit, and eventually building PC Financials Seeing how his father dealt with taxes inspired him to serve other business owners   [11:16 - 21:24] How to Be Strategic With Taxes The mistakes people do that cost more taxes Understanding the entity types single-member LLC vs S Corp Knowing when to be an S Corp election Consult with a tax strategist or accountant   [21:25 - 24:55] The Mindset of Minorities Around Taxes Thinking of immediate needs vs long term Who are you surrounding yourself with? Communities need to come together more   [24:56 - 30:54] Serving the Mission Why Larry almost quit real estate Learning about multifamily Opening up his time to help more people by earning passive cash flow   [30:55 - 36:24] Closing Segment The final 2 questions Larry on diversification: Do you truly understand what you’re investing into?   Key Quotes “When you go self-employed, you're now responsible for all the FICA taxes, that's an additional 15.3% on top of the federal income tax rate as well. That's why it goes from an employee being taxed on 30 to 40% of their income to self-employed individuals being taxed on 50 to 60% of their income.” - Larry Pendleton   “We're trying to pinch every penny and squeeze everything out in the world but at some point, you have to bring in professionals in certain aspects that like, you're not skilled at.” - Larry Pendleton   “I don't see them [minorities] compiling their resources to buy a business or property or whatever so that no one is straining themselves or leveraging the strength of their group. Whereas non-minority groups are doing that more often.” - Larry Pendleton   Resources Mentioned: Rich Dad Poor Dad by Robert T. Kiyosaki Finding Your Why by Simon Sinek, David Mead, Peter Docker Who Not How by Dan Sullivan, Benjamin Hardy The E-Myth by Michael Gerber   Connect with Larry Pendleton! Follow him on LinkedIn

Ep 61 - In this episode of the Share The Wealth Show, we welcome back Donte Jones as he continues to share his journey of turning an idea into a successful product! He shares: 💥how social media can be a game-changer for your business and how it can be leveraged to generate revenue  💥his experience of making $100k in just 4 months using social media to launch their product.   Donte Jones is a corporate attorney and entrepreneur who was born and raised in East Harlem. He graduated from A. Phillip Randolph High School and earned a degree in Finance from The State University of New York College at New Paltz, where he joined INROADS and Omega Psi Phi Fraternity, Incorporated. He worked at J.P. Morgan Chase for ten years before earning his Juris Doctor from the University of North Carolina School of Law. Donte is also the CEO of Lyrically Correct, a music trivia card game, and is actively involved in philanthropy. Donte is extremely proud of establishing the Matthew Jones Scholarship for a Professional Wardrobe given to students at A. Philip Randolph. and co-founded C.O.O.L Kids NYC, a non-profit organization that cultivates socially conscious leaders in the next generation. Donte believes that it is his duty to take the knowledge and experience he has gained and use it to help better the lives of the children in his community. When Donte is not functioning as a lawyer or business owner, he enjoys spending time with his amazing wife, Tiffany (who is also from Harlem), and his children Morgan and Donte Jr. who are affectionately known as MJ and Deuce.    ________________________________ FREE Discovery call for The Microfamily Investing Accelerator  https://calendly.com/noirvest/microfamilymavericks  ________________________________   Quote: “I think the best business advice I give people is just do the business. Just do whatever it is you want to do and then later, the business will come” - Donte Jones  “It was my experience having managed companies and watching business owners throw money at problems, that strategy and resilience and hard work could solve.”  - Donte Jones “Nowadays you can't build a brand without building a social media presence, you have to establish credibility.” - Donte Jones   Connect with Donte! Website - www.LyricallyCorrect.com  Instagram - @LyricallyCorrectGame    ___________________________________________ Let’s get connected!  You can find Nicole on  LinkedIn https://www.linkedin.com/in/nicole-pendergrass/ Instagram https://www.instagram.com/nvestornikki/?hl=en Facebook https://www.facebook.com/nvestornikki or Visit her website https://noirvestholdings.com    LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of Share the Wealth Show here. https://podcasts.apple.com/us/podcast/share-the-wealth-show/id1622218163