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

President & COO (and owner) of OneUnited Bank, from Money Making Conversations Masterclass:

Purpose of the Interview

The interview aimed to:

• Showcase OneUnited Bank’s role as the largest Black-owned bank and its commitment to financial empowerment.
• Educate listeners on digital banking solutions, financial literacy, and generational wealth strategies.
• Promote OneUnited Bank’s services and initiatives, including its youth financial literacy contest and “One Transaction” wealth-building concept.

Key Takeaways

1. Origins & Growth of OneUnited Bank

   • Started as a community bank in Boston, later acquired four Black-owned banks (Miami, LA, Boston) and merged into OneUnited.
   • Became the first Black-owned digital bank and now serves customers nationwide.

2. Digital Banking & Accessibility

   • Customers can open accounts online in minutes.
   • Features include:
     • Mobile check deposit (take a photo of your check).
     • Direct deposit with early pay (up to 2 days early, no fees).
     • Largest surcharge-free ATM network (100,000 ATMs, including Walgreens, 7-Eleven, Chase, Citibank).

3. Combatting Financial Deserts

   • Addresses lack of brick-and-mortar banks in Black communities and reliance on predatory check-cashing services.
   • Emphasizes that check-cashing services never improve credit scores and often harm financial health.

4. Financial Literacy & Wealth Building

   • Advocates automatic savings as a key wealth-building habit.
   • Introduced WiseOne, a tool that aggregates financial data to:
     • Track net worth, income, expenses.
     • Identify duplicate charges and suggest savings.
     • Provide debt-reduction strategies.

5. Youth Financial Literacy Initiative

   • “I Got Bank” Contest for ages 8–12:
     • Read a financial literacy book (free download available).
     • Submit an essay or artwork on what they learned.
     • 10 winners receive $1,000 savings accounts.

6. One Transaction Concept

   • Six key transactions to build generational wealth:
     • Homeownership (OneUnited offers $25K–$50K down payment assistance).
     • Life Insurance (affordable way to transfer wealth).
     • Investments (automatic contributions).
     • Profitable Business (entrepreneurship or side gigs).
     • Credit Score Improvement.
     • Savings (automatic transfers).
   • Focus on one transaction at a time for sustainable progress.

7. Economic Advice for Uncertain Times

   • Anticipates stagflation (inflation + rising unemployment).
   • Recommendations:
     • Hold on to your job (avoid unnecessary job changes).
     • Save more, spend less.

Notable Quotes

• “We were the first Black-owned digital bank—and now the largest Black-owned bank in the country.”
• “Check cashers only report to credit bureaus when you don’t pay them. That’s crazy.”
• “If it goes in your pocket, you’re more likely to spend it. Wealthy people automate savings.”
• “One transaction can make the difference between being wealthy or not.”
• “We have the largest surcharge-free ATM network in the country—100,000 ATMs.”
• “Hold on to your job. Start saving more and spending less.”

#SHMS #STRAW #BEST

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Two-time Emmy and Three-time NAACP Image Award-winning, television Executive Producer Rushion McDonald interviewed Cheryl McKissack Daniel.

Topic: Legacy, resilience, and entrepreneurship of the McKissack family, as detailed in the book The Black Family Who Built America.

Cheryl shares the powerful story of her family's 230-year legacy in architecture and construction, making McKissack & McKissack the oldest minority woman-owned professional design and construction firm in the U.S. The conversation explores themes of generational resilience, Black excellence, business strategy, and personal growth.

🎯 Purpose of the Interview

1. Highlight the McKissack family’s historical and cultural impact on American infrastructure and Black entrepreneurship.
2. Promote the book The Black Family Who Built America as a record of legacy and inspiration.
3. Inspire small business owners and entrepreneurs with lessons on perseverance, succession planning, and self-identity.
4. Address the importance of preserving Black history in the face of cultural erasure.

🔑 Key Takeaways 🏗️ Legacy & Impact

• McKissack & McKissack has contributed to major U.S. infrastructure projects like:
  • Barclays Center
  • JFK Terminal One
  • LaGuardia Airport
  • Penn Station
  • Lincoln Financial Field

“We are the fifth generation. Right. And we're Black in America.”

📚 Historical Significance

• The family legacy began with Moses McKissack, who was enslaved and later became a builder.
• Cheryl’s ancestors were the first licensed Black architects in America (licenses 117 and 118 in Tennessee).

“They became the first Black licensed architects in America… and helped get licensed in 22 other states.”

💼 Business Wisdom

• Cheryl emphasizes the importance of:
  • Succession planning
  • Understanding both technical and political buyers
  • Building relationships before you need them

“You better have that relationship before you need it.”

🧠 The 5 Ps of Family Resilience

1. Perseverance
2. Persistence
3. Preparedness
4. Purpose
5. Prayer

“Sometimes you do get up in the morning and you say it's not for me… You have to come back and meditate on the fact that you're a winner.”

🧘‍♀️ Personal Growth & Mental Health

• Cheryl discusses overcoming stress, rediscovering herself after a difficult marriage, and the importance of meditation.

“Being yourself is what we're talking about… I recognize that I am currently feeling stressed out. So what do I need to do?”

👩‍👧‍👧 Women in Leadership

• Cheryl’s mother took over the business after her father’s stroke, despite societal barriers.

“She only knew the telephone number to the office at that time… but she knew deep inside that she wanted to hold on for the fifth generation.”

🎥 Representation & Media

• The book and Cheryl’s story aim to counteract negative portrayals of Black people in media and history.

“You may not have known about Black excellence. You just ignored it. But we exist.”

💬 Memorable Quotes

• “Black people built America. Now, that's the point we're making here.”
• “You have to say the opposite to yourself. And you have to put one foot in front of the other.”
• “This book is a receipt to say we are around. We have a foundation. We're not going anywhere.”

#SHMS #STRAW #BEST

See omnystudio.com/listener for privacy information.

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

🎯 Purpose of the Interview

To spotlight Lamar Tyler’s entrepreneurial journey, the growth of his platform Traffic, Sales & Profit (TSP), and to share actionable insights for Black entrepreneurs on building scalable, profitable businesses from side hustles.

🧭 Key Themes & Takeaways 1. Branding with Purpose

• Lamar emphasizes the importance of clear, relatable branding.
• His previous brand, Black and Married with Kids, succeeded because the name instantly resonated with its audience.
• Quote:

“If they can hear the name, they can see it and say, ‘Hey, that’s for me.’”

2. Side Hustle to Main Hustle

• Most Black entrepreneurs start businesses while working full-time jobs.
• Success requires treating the side hustle like a real business from day one.
• Quote:

“There is no perfect time. The time to get started is now.”

3. Consistency & Growth

• TSP’s first event in 2016 had only 47 attendees, half of whom came for free.
• Growth came from consistency and listening to the community.
• Quote:

“Sometimes all you need is confirmation.”

4. Customer Experience & Branding

• Inspired by Disney’s “unexpected touchpoints,” Lamar expanded branding beyond the event space to include the hotel exterior and even airport baggage claim.
• Quote:

“We brand everything from the lobby to the pool… to make it feel like home.”

5. Faith & Execution

• Faith plays a central role in Lamar’s business philosophy.
• He encourages entrepreneurs to act on the opportunities they pray for.
• Quote:

“You pray to get the opportunity, now you want to do all the work too.”

6. Scaling vs. Growing

• Growth increases revenue and expenses; scaling increases revenue without proportional expense growth.
• TSP Scale is a new event focused on helping businesses reach this level.
• Quote:

“Scale is where the real money comes in.”

7. Lever-Driven Growth System

• Lamar outlines systems for:
  • Proposal processes
  • Upselling
  • Referral systems
  • Creating experiences that justify premium pricing
• Quote:

“If you create an experience around what you do, you can charge two, three, four times more.”

8. Platform & Community

• Lamar transitioned from doing all the speaking to empowering others in his community.
• He believes in giving others a platform to grow.
• Quote:

“Too many artists try to hold on too tight… and miss out on the blessing.”

🌟 Notable Guests & Surprises at TSP Events

• Surprise appearances by Magic Johnson, Issa Rae, Master P, Jermaine Dupri, Janice Bryant Howroyd, and Ambassador Andrew Young.
• Quote:

“If you want to be it, you need to see it.”

📍 Event Details

• New Event: TSP Scale
• Location: Atlanta Westin Gwinnett, Gwinnett County, GA
• Website: TSPScale.com

#SHMS #STRAW #BEST

See omnystudio.com/listener for privacy information.