Blog Posts

Brown Girls Do Invest Takes Over Chicago

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When a room full of smart, ambitious, intelligent and inquisitive Black women convene, nothing but greatness follows.  There was nothing but greatness present at the Brown Girls Do Invest workshop on Saturday June 8, 2019.  Hosted by Brown Girls Do Invest founder Bahiyah Shabazz, the afternoon consisted of a panel of phenomenal Power Women who imparted knowledge and offered sage advice for those of us who want to invest but may not know how to or where to start.  Thanks to Black Bloggers Chicago for the opportunity to fellowship with my fellow bloggers but to also attend the event.

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Black Bloggers Chicago

The day began with a VIP mastermind, an opportunity to have an intimate experience with the panelist to gain a little more insight than what the workshop offered.  If the Mastermind was half as great as the workshop, then be on the lookout for the next wave of Black Female Millionaires.  In a climate where Black women are the fastest growing demographic of entrepreneurs, possibly due to the fact that the average Black woman makes 62 cents per dollar of her white, male counterparts. this workshop was timely, relevant and a great way to gain a wealth of information from seasoned and experienced financial professionals.

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Bahiyah Shabazz, MBA Moderator BGDI Founder

In addition to BGDI founder Shabazz, the panelist and speakers included Florence Hardy, ESQ, Cimone Casson, Delta Jones-Walker, Joanna Jane, Courtney Richardson and Danielle Pierce.  Each speaker offered attendees hearty food for thought and practical tips to jump start their investment portfolios and begin their road to generational wealth.

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From L-R Cimone Casson, Florence Hardy, Delta Jones Walker, Bahiyah Shabazz

One of the repeated themes for the day was the value of ‘multiple streams of income’.  With the recent announcements of the wealth building and business acumen of celebrities such as Beyonce, Serena Williams and Rihanna, it is obvious that one of the roads to wealth and financial stability is the ability to have several streams of income and the ability to make money in more than one arena.

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Photo Courtesy of Balleralert.com

Another important topic that was addresses was the cultural relationship we have with money.  Unfortunately, for many of us in the Black community, this is not nor has it been a happy, healthy relationship.  It is time to do the work to change the dynamic of this relationship and kill those generational curses that have held many in the Black community in a culture and love relationship with poverty and struggle.  This no longer has to be the paradigm.

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One of the most powerful take-aways from the day was that there are many ways to make money.  Many people feel that the stock market or traditional savings is the only way to build wealth.  This is not the case and the speakers and panelist did an excellent job in discussing various alternatives to the two traditional methods of gaining wealth.  There are many options, the key is to work with a financial advisor that has your best financial interest at heart, do the work, get comfortable with being uncomfortable, and just do it.

Another recurring theme from the workshop was the power of discipline.  Yes, we need discipline in our financial lives as well.  This can be as simple as honestly wrapping your mind around the concept of paying yourself first.  I am sure we have all heard that before, but do we do it.  I can honestly say that I don’t but it is something that I plan to put into place immediately.  Most things we do in life require hard work and discipline.  Why should our money be any different?  In the words of the late great Donna Summer, “We work hard for the money,” so why aren’t we more disciplined when it comes to what we do with the money?

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The ladies were also able to introduce complex financial terms in a manner that was easy to understand and unintimidating.  Concepts such as Financial Needs Analysis, 1031 Exchange Depreciation on Real Estate and Crowdfuding.  These were just some of the concepts that the panelists and speakers were able to discuss with the audience.

My take away from the workshop was that there is no time like the present to get started.  There are some safe and non-risky investment options out there for those (like me) who may be afraid of losing money in the stock market.  However, my truth is that I really do not understand the market, so I need to do some research and thing long term and smart about what I do with my money.  I have been working on my cultural relationship with money, and understand that there is more work for me to do in that area of my life.  I know that the saying ‘No Risk, No Reward’ is also true in the financial industry.  I left the workshop with some definite financial goals in mind, something that I cannot honestly say I was ready for Saturday morning.

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Brown Girls DO Invest is currently on tour.  I recommend if you are a Brown Girl and want to see your money work for you instead of only working for your money that you go to their Facebook page (link here) and see where they are going next.  Trust me, you will feel more inspired and ready to make some strategic changes to your financial portfolio.  And if you don’t currently have a portfolio, you will leave there with a plan to start working on yours immediately.

Until Next Time!

Be Blessed, Be Fabulous!

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What Drives Her Luncheon at the Chicago Auto Show

 

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#Sponsored

Now more than ever the opinions of women are being considered when it comes to automobile industry.  Not only are our opinions considered more, we also have several seats at the table behind the scenes in the automotive industry.  That is why I am thankful for the companies that inform, educate and keep us up to date on how women are making a major impact on the automotive industry.
IMG-2807Every February thousand of people converge, commute and or convene in Chicago for the Chicago Auto Show.  The show has been going on for over 100 years (111 to be exact) and is the largest auto show in North America.  If you have never been to the Chicago Auto Show, it is a one of a kind experience, from the vintage and concept cars to the race cars and new model releases.  There are just as many women in attendance as men, so for those of your who believe that Auto Shows are just for men, you are sadly mistaken.  Consider the statistics, there are over 100 million women drivers in the United States, which outnumbers male drives.  So our opinions matter.

IMG-2831At the Chicago Auto Show this year I had the privilege of being invited to the What Drives Her luncheon and Panel hosted by Women in Automotive and A Girls Guide to Cars.  There were several panels presented during the luncheon which left me feeling more educated, more empowered and more energized about the automotive industry.

The first panel discussion was about How Women are Driving Change in the Auto Industry.  This panel included a manager of customer analytics, a VP of global quality, VP of engineering  and a representative from the Automobile Dealers Association.  The second panel was on the topic Work, Life and Creating Balance while Building a Career.  This panel included a global director of sales and business development, a global operations and strategic solutions VP, a senior director of dealer strategy, a Facebook client solutions manager and a VP of industry education and relations.

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Without including names of the panelist (though they are important) what is most important to note are the titles and the fact that these representatives were all women.  While previously a male dominated industry, it is safe to say that the tides are changing and women are occupying their seats at the table with the confidence, courage and charisma required to break the glass ceilings, penetrate the ‘boys networks’ and drive change in the automotive industry while creating work/life balance and managing families as well.

As a woman this was a proud moment for me to witness the power, the dedication and the fervor these women demonstrated.  And while I am happy that they are rightfully working in the behind the scenes areas of the automotive industry, I hope to see more women of color represented at the table as well.  The reality is that they may be there, they were just not present at this year.  I was so inspired I sent a test to my dearest friend, who has a background in engineering, to tell her about what they were doing and that maybe she should consider a career change.

Hearing these women speak about how not only their education and training helped them to reach these areas in their careers, it was great to hear them speak about being promoted because the decision makers trusted that they could do the job.  As women I am sure we all know and understand our strengths and our capabilities, we are just waiting for the world to catch up.

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The highlight of the luncheon for me was the #SEEHER campaign with the Association of National Advertisers (ANA).  The #SEEHER campaign helps advertisers and marketers understand the power and influence of women. The campaign slogan “If You Can See Her, You Can Be Her”, is a powerful testament to the value of importance of industry not only in media but on television shows and in movies.  This is also true in the automotive industry where those who work as VP’s and senior executives are not always see.  During their presentation the concerns about women and their feels when it comes to auto brands were discussed (see slide).

#SEEHER has worked with many companies to make sure that there was/is an accurate portrayal of women in the media an among influencers.  As a woman of color, this is often true for us on two fronts: female representation and African American representation.  So knowing that initiative such as #SEEHER exists is promising when it comes to accurate representation in advertising.

I am again thankful for the vision and foresight of companies like A  Girls Guide to Care and Women in Automotive for organizing panels like this one and for showing other what Beyoncé told us a few years ago, “Who Run the World”? Girls!

See you at the table next year….

Be Blessed, Be Fabulous!

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