• The Wealth Choice Summary

  • May 27 2023
  • Length: 5 mins
  • Podcast

The Wealth Choice Summary

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  • Summary

  • "The Wealth Choice" is a book by Dennis Kimbro that explores the secrets to building wealth in the African American community. Kimbro is a business school professor and author who has spent his career studying the habits and attitudes of successful African American entrepreneurs and investors. The book is divided into two parts. The first part provides a historical overview of wealth creation in the African American community, focusing on the stories of successful entrepreneurs and investors throughout history. Kimbro argues that these success stories provide a roadmap for modern African Americans looking to build wealth and achieve financial independence. The second part of the book is a practical guide to building wealth. Kimbro lays out a step-by-step process for creating a financial plan, building a business, and investing wisely. He emphasizes the importance of mindset and attitude, arguing that a positive attitude and a willingness to take calculated risks are key ingredients for success. Throughout the book, Kimbro emphasizes the importance of education and self-improvement. He encourages readers to pursue higher education, to seek out mentors and role models, and to constantly work to improve their skills and knowledge. One of the key themes of the book is the importance of entrepreneurship. Kimbro argues that entrepreneurship is a powerful tool for building wealth and achieving financial independence. He provides practical advice on starting and growing a business, including tips on marketing, sales, and customer service. Another important concept in the book is the power of community. Kimbro argues that building wealth is a team sport, and that successful people surround themselves with supportive networks of friends, family, and colleagues. He encourages readers to seek out and cultivate relationships with people who share their goals and values. Overall, "The Wealth Choice" is a comprehensive guide to building wealth in the African American community. Its combination of historical insights and practical advice make it a valuable resource for anyone looking to achieve financial independence and create a better future for themselves and their families. The Wealth Choice Dennis Kimbro Wealth creation Financial success Entrepreneurship Personal development Mindset Wealth mindset Money management Economic empowerment Hosted on Acast. See acast.com/privacy for more information. Learn more about your ad choices. Visit megaphone.fm/adchoices
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