The African American Business Owner, Building True Wealth

Is What You're Doing Working?

Episode Summary

“Before you make any purchase, especially purchase of a good and services that are not necessities, ask a question, 'will this purchase add to my net worth? Will I be worth more after this purchase than I did before? Or will it just become a liability, depreciating assets?' - Ron Escoffery That’s what this episode tries to uncover– how to close the gap in wealth because there are things that African-American Business Owners have to do, must do, and need to do in order to even start closing the gap. In today's episode of African-American Business Owners Podcast: Building True Wealth with host, Ron Escoffery, he tackles the Gap in Wealth, primarily to help you get clarity on your business and personal life, and he is here to help you if what you’re doing is working, and if it's not, what should you be doing instead! Tune in to this transformational, educational, motivational, and inspirational podcast and learn how to make the kind of wealth that is possible in us! To read more about this episode, visit www.ronescoffery.com

Episode Notes

Episode Highlights

• [00:45] Wealth Inequality: Why do the gaps keep getting wider?
• [05:40] Why you should unfollow the Joneses and the Gurus
• [10:30] Being clear of your lifestyle and what you really want
• [11:58] The Difference Between ‘Buying’ and ‘Affording’
• [13:37] The Truth Behind Saving Money
• [17:36] What does it really mean to be WEALTHY or just acting rich?
• [18:53] How can you tell if it's working?
• [24:07] The Reason Behind this Podcast

Links:

Website: www.ronescoffery.com

Email: ronescoffery@gmail.com

LinkedIn: Ron Escoffery

Facebook: Ronald Escoffery

Twitter: Ron Escoffery