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
Escúchala gratis

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!

https://www.moneymakingconversations.com

https://www.youtube.com/MoneyMakingConversations

https://www.facebook.com/MoneyMakingConversations/

https://twitter.com/moneymakingconv

https://www.instagram.com/moneymakingconversations/

2026 iHeartMedia, Inc. © Any use of this intellectual property for text and data mining or computational analysis including as training material for artificial intelligence systems is strictly prohibited without express written consent from iHeartMedia Ciencias Sociales Desarrollo Personal Economía Exito Profesional Gestión y Liderazgo Higiene y Vida Saludable Liderazgo Marketing Marketing y Ventas Relaciones Éxito Personal
Episodios
  • Breaking Stereotypes: A specialty running and walking store serving a predominantly Black community and breaking stereotypes.

    Breaking Stereotypes: A specialty running and walking store serving a predominantly Black community and breaking stereotypes.
    Feb 11 2026
    Two-time Emmy and Three-time NAACP Image Award-winning, television Executive Producer Rushion McDonald interviewed Ric Ross. A 37‑year veteran of the music industry who transitioned from a successful career in entertainment to entrepreneurship as co‑owner of Big Peach Running Co.—South Fulton, the first Black‑owned specialty running store in Georgia. Ric shares his journey from music promotions to health and wellness entrepreneurship, the importance of serving community, how running shaped his life, and how he built a thriving retail business that focuses on education, proper footwear, and customer experience. 🎯 Purpose of the Interview The interview aims to: 1. Spotlight Ric Ross’s transition from music to entrepreneurship He discusses how a longtime passion for running evolved into a thriving business. 2. Highlight Big Peach Running Co.—South Fulton A specialty running and walking store serving a predominantly Black community and breaking stereotypes. 3. Educate listeners on proper footwear, running basics, and health benefits Ric stresses correct shoe fitting, foot analysis, and the role of running/walking in overall wellness. 4. Inspire aspiring entrepreneurs He shares business planning insights, overcoming stereotypes, navigating funding, and building community-centered ventures. 5. Emphasize service, legacy, and purpose Ric’s nonprofit and community work underscore his philosophy of giving back. 💡 Key Takeaways 1. Running = Freedom, Clarity, and Mental Escape Ric describes running as deeply emotional and freeing—a “runner’s high” that places him in another world. 2. His Journey from Music Executive to Running Store Owner Ric’s path began when he walked into Big Peach’s first store as a customer.Later, after years in the music business, the founder Mike Costantino encouraged him to open a location.He spent a year quietly developing a detailed business plan before presenting it to his wife and banks. Banks praised his plan as “the best they’d ever seen,” emphasizing how preparation creates opportunities. 3. Why He Chose South Fulton Ric intentionally wanted the store in his own neighborhood, a fast‑growing, majority‑Black community of over 100,000 residents.People questioned him—“Black folks don’t run”—but he knew the market, the growth of Black running clubs, and the need for proper footwear among everyday people. 4. Education‑Driven Customer Experience The store focuses on: Foot analysis using the Aetrex Albert scannerProper shoe fittingEducation for runners and walkersA no‑judgment environment for customers with foot issues He intentionally branded the store “Run Walk” to remove intimidation. 5. Health Benefits of Running & Walking Ric shares how running lowered his blood pressure and improved his heart health, reinforced by his doctor's advice.He emphasizes realistic lifestyle choices: eat what you enjoy—but control portions and stay active. 6. Competing in a Big-Box Retail Market Despite large competitors, Big Peach’s success is tied to: Community representationPersonalized serviceBeing the first Black‑owned specialty run store in GeorgiaCultural inclusiveness (e.g., redesigning their mascot “Peachy” to reflect the community) [ 7. Community Impact Stories Drive His Motivation Moments such as a 94‑year‑old man walking without a cane after being fitted for proper shoes remind Ric why the business matters. 8. Hiring Challenges in a Post‑Covid Workforce He notes it’s difficult to find employees who are: PersonableHungry to learnGood at customer engagement He also addresses stereotypes about customers expecting discounts from Black-owned businesses. 9. Advice for Aspiring Entrepreneurs Ric offers foundational guidance: Credit is king—maintain excellent credit to access capitalBe willing to sacrificeKnow your marketLearn continuously [ 10. His Purpose: Music + Running + Serving Ric founded the Music Education Group, a nonprofit now in 26 schools across 4 districts, teaching life skills through music, film, and digital media.He discovered later in life that service had always been his purpose. 🗣 Notable Quotes (with citations) On running “When I lace up and hit that road, I’m in a whole other world… it’s freedom.” On opening his store “I knew my avatar. I knew who I was marketing to.” On entrepreneurship “Credit is king… we may not have a million in the bank, but I can pop that 800 score on them.” On community impact “We are so glad you all are in the community”—he says this erases all doubt on difficult days. On finding purpose “My passion was music and running. My purpose is serving.” On representation “It’s time for Peachy to look like the community.” #SHMS #STRAW #BEST Just tell me what you’d like!See omnystudio.com/listener for privacy information.
    Más Menos
    28 m
  • Financial Tip: The interview showcases how Legacy Building LLC helps clients improve credit, manage debt, understand investments, and plan estates.

    Financial Tip: The interview showcases how Legacy Building LLC helps clients improve credit, manage debt, understand investments, and plan estates.
    Feb 11 2026
    Two-time Emmy and Three-time NAACP Image Award-winning, television Executive Producer Rushion McDonald interviewed Lisa Mulrain. Summary of the Interview On Money Making Conversations Masterclass, Rushion McDonald interviews Lisa Mulrain—CEO of Legacy Building LLC, a financial literacy and legal services entrepreneur with more than 30 years of federal government experience as a securities attorney. Lisa’s mission is to empower individuals and small businesses through financial education, credit repair, debt management, estate planning, and investment strategy. The interview highlights her transition from government attorney to entrepreneur, the purpose behind Legacy Building LLC, and the unique combination of her legal expertise and financial coaching. She breaks down how underserved communities can close knowledge gaps, develop stronger money mindsets, repair credit, invest wisely, and protect assets through estate planning. She also explains the emerging opportunities in tokenized real estate, fractionalized Ginnie Mae securities, and the importance of research before investing. The conversation is highly practical—covering everything from budgeting to Roth IRAs, 401(k) matches, brokerage accounts, credit consolidation, and asset protection through trusts and wills. Lisa stresses empowerment through education and long-term wealth building. Purpose of the Interview 1. To introduce Lisa Mulrain’s financial literacy and legal services mission The interview showcases how Legacy Building LLC helps clients improve credit, manage debt, understand investments, and plan estates. 2. To educate listeners about emerging financial trends Lisa explains tokenized real estate, fractional Ginnie Mae securities, and policy changes that create new wealth-building opportunities. 3. To emphasize financial empowerment for underserved communities She focuses on shifting money mindsets, breaking cycles of scarcity, and building generational wealth. 4. To highlight the importance of estate planning She stresses that wills, trusts, and powers of attorney are foundational—not optional. 5. To offer actionable investing and credit strategies Listeners gain practical tools to start improving their finances immediately. Key Takeaways 1. Financial literacy begins with mindset Before fixing credit, individuals must understand their past beliefs about money and scarcity.Many financial mistakes originate from “lack mentality.” 2. Credit repair requires root-cause analysis Lisa teaches clients to: Identify how they fell into debtNegotiate with creditorsRemove charge-offs when possibleAvoid repeating harmful financial behaviors 3. Estate planning is essential for everyone—not just older adults A proper estate plan includes: A trust (primary document)A “pour-over” will for missed assetsHealthcare proxies & POAsInstructions for managing assets during incapacity or after death Common tragedies—Prince, Aretha Franklin, Michael Jackson—show how lack of planning complicates estates. 4. Invest intentionally and consistently Key investment tools Lisa recommends: Maximize 401(k) contributions, especially employer matchesFavor S\&P 500 index options in retirement plansFund a Roth IRA for tax-free growthOpen brokerage accounts with established firms (e.g., Schwab, Fidelity)Buy fractional shares to invest even with small amountsFocus on time in the market, not timing the market 5. Tokenized real estate and fractionalized Ginnie Mae securities are groundbreaking Lisa explains how changes in federal policy and crypto infrastructure enable new low-barrier investment opportunities—such as Ginnie Mae-backed fractional securities for as little as $50. 6. Research, research, research Before buying any stock, investors should monitor: Long-term trendsEarnings callsLayoffs (strategy vs. crisis)Market cyclesInfluential investors’ moves 7. Legacy Building LLC merges financial education + legal protection Her dual firms allow clients to: Learn how to build wealthLegally protect their assetsCreate generational stability 8. Wealth building requires discipline—not brand-driven spending She warns against sinking money into luxury goods without appreciating assets to match. Notable Quotes (All pulled directly from the transcript.) On why she does this work “Helping people has always been at my core.”“I wanted to get involved in finance because that was the one central factor that made the difference between the haves and the have nots.” On mindset & credit “Let’s examine your money mindset.”“We adopt a lack mentality… we already start from a place of ‘we don’t have it.’” On estate planning “Whatever you’ve accumulated… you don’t have a plan.”“It could take years for it to go through probate.”“Your trust is the main document.” On investing “You are leaving money on the table if you don’t get that 401(k) match.”“Don’t time the market… it’s about time in the market.”“Scare ...
    Más Menos
    39 m
Todavía no hay opiniones