Discover how Morgan DeBaun, CEO of Blavity and AfroTech, built her diverse income streams from the ground up. Whether you're starting with little or aiming to diversify your earnings, this episode offers actionable insights to grow your wealth.
In this episode:
- Morgan shares her personal journey from investing at age 13 to building multiple income streams
- How to leverage your expertise for brand deals, speaking engagements, and consulting
- The importance of passive income through stocks, ETFs, and real estate
- Strategies for scaling and diversifying income based on your capital and time availability
- Practical tips for beginners to start their own income streams today
Timestamps:
00:00 - Morgan introduces her nine streams of income and why they matter
01:00 - Starting early: Investing in stocks at age 13 and foundational money lessons
02:30 - Building wealth through W-2 salary, 401k, RSUs, and stock appreciation
04:00 - How Morgan secures brand deals with major tech companies and tips for becoming an expert
05:15 - Generating income via speaking engagements and training sessions
06:30 - Creating and selling educational workshops under the WorkSmart brand
07:45 - Monetizing content through Substack and book writing tips
08:30 - Rental properties as a long-term asset and passive income source
09:15 - Affiliate marketing and small-scale revenue streams
09:50 - Choosing income streams based on capital or time constraints
10:20 - Final thoughts: Building wealth with strategic diversification
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