We know through painful experience that freedom is never voluntarily given by the oppressor; it must be demanded by the oppressed – Dr. Martin Luther King, Jr.
Demands require capital – Rachel Rodgers in We Should All Be Millionaires
Rachel Rodgers is an intellectual property attorney, founder of business coaching firm, Hello Seven, and author of the new book, We Should All Be Millionaires. The book is part motivational/ part practical, with encouraging words on reaching for more in your financial life and actionable tips on starting and growing a business. While the advice is suitable to all, Rodgers is clearly writing for women and even more specifically for women of color. Rodgers makes a convincing case for entrepreneurship as a social justice imperative. “Wealthy women open doors for other women,” Rodgers writes.
Rodgers’ plain talk makes her message accessible, and her humor makes even the tough talk endearing (I may be biased as we both grew up in NYC and spent weekends at Queens Center, yes!). The book ranges from foundational issues, like having a strong mindset, to more advanced business issues, like building out a team. I bookmarked multiple sections, but here are five of my favorite takeaways from We Should All Be Millionaires:
1 - Instead of having 90 percent of your brain occupied with noisy money stress – like how you’re going to make rent – all that space is freed up to focus on other things – like how you’re going to change the world. – Rachel Rodgers in We Should All Be Millionaires
A strong financial foundation supports every other area of your life. Not only do you have a dream fund to invest when you get your money handled, but you have more mental bandwidth to focus on the bigger dream.
2 - If this thing in my environment could talk, what would it be saying to me? If it’s saying “you are broke,” toss it, donate it, or otherwise make it disappear, and replace it with something that makes you feel rich – Rachel Rodgers in We Should All Be Millionaires
Taking care of yourself, includes taking care of your environment. That includes a productive workspace but also an inspired, beautiful space that encourages your best work.
3 — Agreeable women made $3,213 less per year than disagreeable ones. In addition, the study also found that disagreeable people are seen as more competent – research cited in We Should All Be Millionaires
This is a quantifiable reminder to not let pleasing others or wanting to be liked get in the way of advocating for yourself. The next time you find yourself letting a boundary lapse or not standing up for yourself, put $3,213 in your “swear jar” – that should change your behavior!
4 — How will this decision or direction lead to more for you?....Remember to focus on the more, rather than the cost. – Rachel Rodgers in We Should All Be Millionaires
Be willing to invest in yourself and take chances. Rather than fixate on the upfront cost of time or money, keep the future upside front of mind.
5 - Most women think, I need to start making big money, and then I will hire an assistant. It’s actually the reverse. You need to hire an assistant, and then you will start making big money. – Rachel Rodgers in We Should All Be Millionaires
Hiring help is a form of investing in yourself — amen to that!
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New Book Makes A Strong Case For Entrepreneurship As A Social Justice Imperative - Forbes
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