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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Episodios
  • Brand Building: National entrepreneurial initiative Black Ambition provides capital, mentorship, mental wellness support.

    Brand Building: National entrepreneurial initiative Black Ambition provides capital, mentorship, mental wellness support.
    Feb 27 2026
    Listen and subscribe to Money Making Conversations on iHeartRadio, Apple Podcasts, Spotify, www.moneymakingconversations.com/subscribe/ or wherever you listen to podcasts. New Money Making Conversations episodes drop daily. I want to alert you, so you don’t miss out on expert analysis and insider perspectives from my guests who provide tips that can help you uplift the community, improve your financial planning, motivation, or advice on how to be a successful entrepreneur. Keep winning! Felecia Hatcher CEO of Black Ambition, the national entrepreneurial initiative founded by Grammy-winning artist Pharrell Williams. Black Ambition provides capital, mentorship, mental wellness support, and a nationally competitive platform for Black and Hispanic founders, particularly those from HBCUs and underserved communities. Throughout the conversation, Hatcher breaks down the mission of Black Ambition, how its competition works, success stories, the mentorship pipeline, and her personal entrepreneurial journey from being a self‑described “C student” to running a major national innovation fund. Purpose of the Interview 1. Introduce Black Ambition’s Mission and Impact To explain how Black Ambition funds, mentors, and accelerates Black and Hispanic founders, awarding millions in capital and building pathways to long-term entrepreneurial success. 2. Educate Entrepreneurs on How to Compete Successfully Hatcher breaks down the application process, common mistakes, and how to stand out in one of the nation’s most competitive entrepreneurial prize competitions. 3. Inspire Through Transparency and Personal Storytelling Her journey—from a C student to tech entrepreneur, to CEO working directly with Pharrell—models what perseverance and creativity can achieve. 4. Spread Awareness of Black Ambition Resources & Events She highlights opportunities like Demo Day, masterclasses, mentorship cohorts, and the Fundable Founders Forum. Key Takeaways 1. Black Ambition Creates “Unprecedented Access” for Black & Brown Founders Hatcher emphasizes the organization’s mission of closing opportunity gaps caused by misaligned mentorship and unequal access to funding.Black Ambition invests capital, provides structured mentorship, and connects entrepreneurs to world-class partners (e.g., Louis Vuitton). 2. Highly Competitive National Competition 2,500–3,000 applications annuallyOnly 250 semifinalistsSemifinalists enter a three‑month cohort with elite mentorshipTop teams advance to Demo Day for capital awards and follow-on supportCategories include HBCU, National Finalists, Top Prize, and People’s Choice.. Hatcher stresses: Success leaves clues.Many past winners share insights, host office hours, and guide new applicants. 3. The Process Itself Makes Founders Stronger Hatcher says repeated applications build clarity, sharpen pitches, and transform entrepreneurs—even if they don’t win the first time. She cites an example: Lawrence Phillips, founder of Green Book Global, who succeeded on his third try. 4. Holistic Approach: Mental Health & Wellness Along with capital and mentorship, Black Ambition offers mental-wellness support because entrepreneurship is emotionally taxing.Founders are encountering proximity to wealth and power for the first time, and need guidance on transparency, investor expectations, and emotional resilience. 5. Black Women Are Fastest-Growing Entrepreneurs—But Need Teams Hatcher notes that Black women lead in entrepreneurship but often operate without teams.Black Ambition does not invest in solopreneurs; founders must demonstrate team-building capacity to create economic multiplier effects in communities. 6. Pharrell’s Why: Opening Doors He Once Needed Pharrell invests in Black Ambition because: He once needed others to “believe in him until he could believe in himself.”He wants to dismantle gatekeeping in industries where Black talent exists but opportunity does not.He believes “talent is not equally distributed by zip code, but opportunity can be.” 7. Felecia Hatcher’s Personal Origin Story Her credibility comes from lived experience: A “C student” told she’d never make it to collegeCollege dropoutBuilt multiple tech companiesFounded Black Tech Week and the Center for Black InnovationComes from a family of Jamaican farmers and Georgia builders who were “entrepreneurs before the word was used.”. Her takeaway: Creativity builds pathways to success that traditional systems overlook. 8. The Event is Public – and Transformational Black Ambition’s Demo Day is open to the public, creating visibility, inspiration, and networking opportunities for founders and supporters. Notable Quotes (All from the Transcript) On Black Ambition’s Mission “We’ve been building a rocket ship to create unprecedented access to opportunities and resources.”.“People are too comfortable wasting the time of Black entrepreneurs with misaligned resources and low-vibrational mentorship...
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    23 m
  • Financial Tips: She educates families on how to avoid student loan debt through her proven system, The Scholarship System.

    Financial Tips: She educates families on how to avoid student loan debt through her proven system, The Scholarship System.
    Feb 27 2026

    Listen and subscribe to Money Making Conversations on iHeartRadio, Apple Podcasts, Spotify, www.moneymakingconversations.com/subscribe/ or wherever you listen to podcasts. New Money Making Conversations episodes drop daily. I want to alert you, so you don’t miss out on expert analysis and insider perspectives from my guests who provide tips that can help you uplift the community, improve your financial planning, motivation, or advice on how to be a successful entrepreneur. Keep winning!

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

    Purpose of the Interview

    The interview on Money Making Conversations Masterclass with Rushion McDonald and Jocelyn Pearson aimed to:

    • Share Jocelyn’s journey of graduating debt-free by securing $126,350 in scholarships.
    • Educate families on how to avoid student loan debt through her proven system, The Scholarship System.
    • Dispel myths about scholarships and provide actionable steps for parents and students.

    Key Takeaways

    1. Scholarship System Approach

      • Jocelyn developed a six-step process to simplify scholarship applications and avoid overwhelm.
      • Focus on breaking the process into small, manageable steps rather than a vague “go get money” directive.

    2. Common Myths Debunked

      • Too early or too late to apply: Start by junior year; it’s never too late—even college seniors can apply.
      • Only perfect students or low-income families qualify: Many scholarships don’t require high GPA or athletic ability.
      • All good scholarships are gone: Smaller, local scholarships ($500–$5,000) add up over time.
      • It takes too much time: With a system and reusable materials, effort decreases each year.

    3. Avoiding Scholarship Scams

      • Beware of “easy,” “enter to win,” or sweepstakes-style scholarships—they often sell personal data.
      • Real scholarships require effort and personalization.

    4. Role of Parents

      • Parents should help with planning and identifying legitimate scholarships but not complete applications for students.
      • Committees can detect when parents write essays.

    5. AI in Scholarship Applications

      • Jocelyn warns against copy-pasting AI-generated essays.
      • Her platform introduced TESS, an AI assistant for ethical guidance and support.

    6. Financial Aid Basics

      • Submit FAFSA even if you think you won’t qualify; some colleges and states require it.
      • Combine all sources—government aid, institutional aid, and private scholarships.

    7. For Current College Students

      • Check with financial aid offices, academic departments, and organizations for scholarships available after freshman year.

    8. Entrepreneurial Journey

      • Jocelyn turned her passion into a business by starting with a book, building an email list, and launching webinars.
      • She emphasizes persistence and ignoring naysayers.

    Notable Quotes

    • “I had to accumulate my way to getting college paid for—the mere mortals’ way to going to college without tons of debt.”
    • “Most families want scholarships, but they get stuck in the overwhelm.”
    • “There’s no big red easy button—but with clear steps, it feels less daunting.”
    • “We’re saying no to the broken system… It takes, on average, 21 years to pay off student loans.”
    • “With great power comes great responsibility—AI can help, but only if used ethically.”

    #SHMS #STRAW #BEST

    See omnystudio.com/listener for privacy information.
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    29 m
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