Generating income and generating wealth go hand in hand. On the surface, they’re the same, but when you dig deeper, building wealth is more than just going into the office every day. It can be investing well, playing it smart, and having your money coming in through multiple sources of income to benefit you today and for tomorrow.
On this episode of the His & Her Money Show, we’ve got the best person in the house today to talk about all that. A serial entrepreneur: Ericka Williams, businesswoman extraordinaire who wears so many hats, it’s almost hard to keep track.
Ericka was exposed to entrepreneurship at a young age and there was just no turning back for her. Now, Ericka uses her platform to promote self-made businesses while managing her own income streams and absolutely thriving.
Ericka is active on YouTube with multiple partners (she raised $1.9 million just last year!), and along with social media, she’s passionate about how we can use our phones for the business. With so much information and resources at our disposal, we literally have the world in the palm of our hands every day. There’s no excuse not to use it! She also believes, with so many ways out there to generate income, why lock yourself into the same 9-to-5 for life?
Ericka has a hand in various industries, from farming to fencing to real estate. She takes us through it, including her insight on the topic of Black women in the beauty industry and why she opted out, instead leading businesses in “unconventional” fields like trucking.
She also gives us the lowdown on some of these industries as a Black woman in business. She’s a wealth of information with so, so, so much to share, and she’s not stopping. Ericka has a lot of new projects in the works, and we can’t wait to see them get big!
What You Will Learn
- What is a low-tech business?
- Picking your projects, between passion and practical
- The power of networking
- How Ericka runs her multiple online businesses
- The truth behind “serviced-based” businesses
Resources Mentioned
- Ericka’s Website
- Rocket Fuel: The One Essential Combination That Will Get You More of What You Want From Your Business by Gino Wickman and Mark. C. Winters
- The E-Myth Revisited: Why Most Small Businesses Don’t Work and What to Do About It by Michael E. Gerber
- The Illusions of Entrepreneurship: The Costly Myths That Entrepreneurs, Investors, and Policy Makers Live By by Scott A. Shane
Thanks For Listening!
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