Money Making Conversations Master Class Podcast Por Rushion McDonald arte de portada

Money Making Conversations Master Class

Money Making Conversations Master Class

De: Rushion McDonald
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Hi, this is Rushion McDonald. Welcome to the podcast world of Money Making Conversations Master Class. I interview profits and nonprofits to learn their "Secrets to Success." I'm a former IBM Executive with a degree in Mathematics. I started my entrepreneurial career as a stand-up comic, then became a sitcom writer, award-winning baker, social media influencer, award-winning television Executive Producer, and brand architect for super-successful celebrities and products. Money Making Conversations Master Class interviews a diverse group of celebrities, entrepreneurs, and influencers in the financial and business community with their advice and tips so you can be successful, too. It's time to stop reading other people's success stories and start building your own. People always talk about their purpose or gifts. If you have a gift, Lead with your Gift, and don't let your friends, family, or co-workers stop you from planning or living your dream. Keep Winning!

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Ciencias Sociales Desarrollo Personal Economía Exito Profesional Gestión y Liderazgo Higiene y Vida Saludable Liderazgo Marketing Marketing y Ventas Relaciones Éxito Personal
Episodios
  • Brand Building: He discusses the importance of supplements in underserved communities, and the need to prepare younger generations for healthier futures.
    Feb 9 2026
    Two-time Emmy and Three-time NAACP Image Award-winning, television Executive Producer Rushion McDonald interviewed Demond Martin. ✅ Summary of the Interview: Demond Martin on Money Making Conversations Masterclass Demond Martin—co‑founder and CEO of Well With All, a Black‑owned purpose‑driven wellness brand—joins Rushion McDonald to discuss health equity, entrepreneurship, his life story, his upcoming book Friends of the Good, and his new $1M AI Health Equity Prize. Martin shares how his difficult upbringing in the projects and rural North Carolina shaped his commitment to giving back. After a successful 21‑year career as the only Black partner at a major hedge fund, he launched Well With All to merge consumer products, wellness, and social impact. The brand donates 20% of its profits to health‑equity initiatives. He discusses product innovation, the importance of supplements in underserved communities, the power of Black longevity, and the need to prepare younger generations for healthier futures. He also explains his upcoming book—which uses Aristotle’s philosophy of “friends of the good” to show how meaningful relationships enable success. The conversation is energetic, inspirational, and focused on using business as a force for social good. 🎯 Purpose of the Interview The interview aims to: 1. Introduce Well With All A wellness company offering supplements and energy drinks while funding health‑equity solutions. 2. Share Martin’s Personal Journey From poverty, trauma, and instability → to White House, Harvard Business School, and a top hedge fund. 3. Promote His Book, Friends of the Good A philosophy‑driven exploration of friendship, mentorship, and community. 4. Announce the $1 Million AI Prize A major initiative to scale AI tools that close health‑equity gaps. 5. Encourage Health Awareness in Underserved Communities Particularly around longevity, dietary choices, energy consumption, and supplement use. 🔑 Key Takeaways 1. Health Equity Drives the Mission Martin emphasizes that health is a human right and disparities in nutrition, maternal health, and mental‑health access must be addressed. 2. Well With All = Social Impact + Consumer Products The company donates 20% of profits and creates healthier alternatives (energy drinks, supplements) to replace harmful daily habits like sugary sodas. 3. Personal Story Fuels Commitment He overcame poverty, a traumatic home life, and limited opportunity—and believes he survived because others poured into him. 4. Mentorship Changed His Life Major turning points included: Student body president at UNC CharlotteAssistant to the White House Chief of StaffHBS acceptanceTraining under hedge‑fund leader Phil Gross 5. Expertise Matters His success with Well With All is grounded in 21 years as an investor specializing only in consumer companies. 6. AI Can Close Health Gaps The $1M Well With All Prize supports AI tools already impacting at least 1,000 lives with the potential to scale to 100,000+. 7. Black Longevity Documentary His company created a film (NAACP Image Award–nominated) featuring Black elders aged 85–106 to redefine narratives around Black health. 8. The Power of Friendship His book teaches readers how to identify “friends of the good,” the relationships that define one’s path and joy. 🗣️ Notable Quotes from Demond Martin (from the transcript) (All quotes sourced from:) On Health Equity “Health is a human right. Everyone deserves nutritious food… everyone deserves to see a doctor.”“Where With All is not just a brand—it's a movement.” On His Upbringing “I grew up in the projects… lived in a trailer… had a heroin addict as a stepfather. I’ve seen things that gave me perspective.” On Perspective and Survival “If this was me at 14… I’d be dead or in jail.” On His Mission “I need to start giving back today. I’ve lived a life of giving back—my parents and grandparents instilled that in me.” On Product Philosophy “Small, incremental choices add up. Replacing one sugary soda a day is 45,000 fewer calories a year.” On Expertise “All I did for 21 years is invest in consumer companies. That was my expertise.” On Friendship & His Book “Show me your friends, I’ll show you your future.”“Friendship is one of the most essential elements of joy.” On Confidence & Mastery “Five years into my career, I knew I knew what the hell I was doing.” On AI “We’re not rewarding ideas—we’re rewarding impact.” #SHMS #STRAW #BESTSee omnystudio.com/listener for privacy information.
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    31 m
  • Financial Tip: The goal is to generate enough income from investments to replace employment income.
    Feb 9 2026

    Two-time Emmy and Three-time NAACP Image Award-winning, television Executive Producer Rushion McDonald interviewed Steve Selengut.

    Also known as The Income Coach. Here's a detailed summary of the episode:

    🎙️ Guest: Steve Selengut

    • Veteran private investment manager with over 40 years of experience.
    • Author of Retirement Money Secrets, his second book.
    • Focuses on helping people achieve income independence through smart investing.
    • Runs an educational income investing community.

    📘 About the Book: Retirement Money Secrets

    • Written as a conversational story about a couple on a river cruise who learn about a different approach to retirement investing.
    • Emphasizes common sense financial strategies over complex jargon.
    • Focuses on closed-end funds as a key investment tool.

    💡 Key Concepts Discussed 🔒 Closed-End Funds (CEFs)

    • One of the oldest investment vehicles, dating back to the 1800s.
    • Structured as pass-through trusts that must return 95% of earnings to shareholders.
    • Focused on income generation rather than capital appreciation.
    • Can invest in stocks, bonds, mutual funds, and ETFs.

    🔥 FIRE Movement

    • Stands for Financial Independence, Retire Early.
    • Steve aligns more with generating sustainable income than early retirement per se.

    🎯 Income Independence

    • The goal is to generate enough income from investments to replace employment income.
    • Allows flexibility to retire, start a business, or pursue other passions.

    🛡️ The Four Risk Minimizers

    1. Quality: Invest only in what you understand and in companies with a proven track record.
    2. Diversification: Spread investments across sectors, geographies, and management firms.
    3. Income: Only invest in securities that pay dividends or interest.
    4. Profit-Taking Discipline: Set target profits (e.g., 5%) and sell when reached, reinvesting gains.

    💬 Common Sense Investing Tips

    • Buy stocks in companies you use or understand (e.g., Home Depot, Apple, Chipotle).
    • Use tools like Yahoo Finance or CEFConnect.com to research dividend history and fund performance.
    • Avoid speculative or zero-income investments.
    • Treat your portfolio like a retail store—sell when profitable and restock wisely.

    🌐 Connect with Steve Selengut

    • Available on Facebook and LinkedIn.
    • Offers access to an educational investing community with 450+ members.
    • Book includes full contact details and resources.

    #SHMS #STRAW #BEST

    See omnystudio.com/listener for privacy information.

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    28 m
  • Uplift: Her nonprofit is dedicated to breast cancer awareness, education, and providing care boxes to women undergoing treatment.
    Feb 9 2026
    Two-time Emmy and Three-time NAACP Image Award-winning, television Executive Producer Rushion McDonald interviewed Rhonda Spratt. Founder of Bella Duvet Goes Pink, a Georgia‑based breast cancer awareness nonprofit inspired by her mother’s battle with metastatic breast cancer. Rhonda explains how her mother’s passing drove her to build a year‑round awareness and support organization specifically focused on ensuring women stay vigilant outside of October. She discusses early detection, the emotional and physical realities of breast cancer, the creation of her “Pink Box” care packages, her personal journey of healing, and how she balances nonprofit work with a full‑time commercial real estate career and active lifestyle. 🎯 Purpose of the Interview The interview aimed to: 1. Spotlight Bella Duvet Goes Pink A nonprofit dedicated to breast cancer awareness, education, and providing care boxes to women undergoing treatment. 2. Emphasize the importance of year‑round breast cancer advocacy Rhonda advocates that breast cancer isn’t an “October thing”—women are diagnosed every day, and early detection saves lives. 3. Share her personal story of loss, purpose, and healing Her mother’s death from metastatic breast cancer inspired her to transform grief into action. 4. Educate listeners on early detection, mammograms, stages of breast cancer, and survivor needs She clarifies differences between stages, importance of mammograms, and the emotional impact of mastectomies. 5. Encourage community involvement and proper nonprofit management She discusses partnerships, consistency, the need for help, and how small nonprofits can sustain support. 💡 Key Takeaways 1. Early Detection Saves Lives Rhonda stresses that breast cancer does not wait for October, and survival rates dramatically increase with early detection. Monthly breast self‑examsAnnual mammogramsAwareness of breast cancer’s year‑round risk [She mentions that early detection offers up to a 99% survival rate over five years. 2. Stages and Types of Breast Cancer Matter She distinguishes between early‑stage breast cancer and metastatic breast cancer, which her mother had. Stage 1 = high survivalStage 4 (metastatic) = significantly reduced survival [ Her mother survived more than 10 years after the first diagnosis but did not keep up with mammograms the second time, leading to late detection. [ 3. Personal Loss Became a Mission Rhonda created her nonprofit to honor her mother and provide the support items they wish they had at the time: Mastectomy brasMoisturizing skin careAluminum‑free deodorantGinger tea for chemo nauseaMotivational items & journals [They have already supported 76 women nationwide. 4. The Pink Box: A Personal, Tailored Care Package Each box is customized based on a woman’s treatment: Bra sizeCancer stageWhether they've had a mastectomyProduct needs It takes 4–6 weeks to deliver and can be requested online. 5. The Emotional Impact of Breast Cancer is Deep and Often Hidden Rhonda explains that losing breasts can feel like losing part of one's womanhood.Women may struggle with: Body imageConfidenceRelationship shiftsEmotional turmoil [ She confirms that the bra included in the Pink Box is one of the most essential and empowering items. 6. Running a Nonprofit is Real Work—Consistency & Partnership Are Key She warns new founders: Getting a 501(c)(3) is easy; running it isn’t.You must ask for help and build partnerships.Organizations that believe in the mission must be prioritized for long‑term sustainability. 7. Self‑Care Is Essential for Those Who Care for Others She admits the emotional weight of supporting women fighting for their lives.Her coping strategies: Yoga 3–4 times/weekWalking and outdoor activitiesIntentional personal time 8. Golf and Wellness Are Part of Rhonda’s Foundation She learned golf during Covid and now uses it as a personal escape, a wellness practice, and a platform for outreach via golf clinics. 9. Real Awareness Requires Year‑Round Outreach Rhonda actively participates in wellness expos, community events, corporate outreach, and social media messaging to keep breast cancer education going beyond October. 🗣 Notable Quotes (with citations) On early detection “Consistency is what increases the survival rate of breast cancer.” “The five‑year survival rate is 99% when detected early.” [On her mother’s cancer journey “She survived over 10 years the first time… the second time, she didn’t schedule her mammogram.” On why year‑round awareness matters “Breast cancer doesn’t wait until October to be diagnosed. Women are diagnosed every day.” On the emotional impact “Losing your breasts is like losing a part of yourself… part of your womanhood.” On creating the Pink Box “These are things I wish we had had when my mom was going through her breast cancer.” On healing through helping “It is very healing… I get joy...
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    28 m
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