Womb Work — The Evolution of Wealth in Sisterhood

Welcome to episode six of The Jolly Journey podcast! In this episode, I discuss the power of sisterhood and the roadblocks to creating wealth your way.

In my research, I found specific ways in which black men and women navigate different relationships with money. These different relationships result, not different outcomes, but in different pursuits towards the same outcomes. Women, it's imperative that you build a better relationship with money, to define wealth for yourself. Doing so changes the road you navigate to wealth for yourself and anyone and everyone you chose to journey this life with.  

The first roadblock, I found that we as black women must take time to heal. 

About 71% of the financial decisions are made by black women in the black community.

Oftentimes, black women take care of not just their own selves and their own stories. But they connect the dots between the legacy they inherit by taking care of their parents and their grandparents, as well as their children and their grandchildren. 

Now in my research, I found that it takes three generations to build legacy wealth, but only one generation to lose it. When four generations remain connected, the wealth will begin to turn. 

Taking time to heal from the realities that we inherited as black women, given the role of birthing economies, for generation after generation after generation, is something that the evolution of sisterhood must make as a mandate. We must heal ourselves from the hurts of the journey that we have inherited

 

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The second roadblock that I'm choosing to share with you today are the lines that divide us. 

There are 5 lines that we must come together to close. 

We all have lines within our enclaves and our networks. The lines within our circles of sisterhood are ones in which I pray, we start to unite across.

The first line that we must find a way to unite across is the socio-economic line.

The second line that we must find a way to unite across is the color line.

The third line that I'd like us to unite across is the generational line. 

The next line I found was geographic; North, South, East, and West. 

The last dividing line that I'll share with you that I want us to cross is this inherited distance from the business around our hard work.

Let's together pave those roads with a business model that elevates our standard of getting things done to a seat at the equity table.  What I am saying is let's put a business model around our inherited ability to get impossible things done.  Let's move the definition of winning beyond being able to afford the dinner at the hotel we do not own to a shareholder relationship with establishments that desire to do business with us, not just for us.  

I shared with you before there were five roadblocks and I shared with you just now the two, one is the ability for us to take time to heal from the inherited traumas, and the ability for us to unite across the lines that divide the road that we navigate to build wealth as we define it

Listen on Apple Podcasts, Stitcher, and TuneIn! 

Episode Sponsors

This episode is brought to you by Torch Enterprises Inc. Torch stands for passing the torch from one generation to build legacy wealth via ownership and equity in our communities.  For more information go to torch-enterprises.com.

Links Mentioned in Episode 

• The Narrow Road Guide to Legacy Wealth 
• Women’s and Wealth initiative

• The NarrowRoad

• The Narrow Road 2.0

• 90 Day Wealth Checklist Survey

Announcements 

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Social Media 

Jolly Journey Facebook - @JollyJourney 

Twitter - @PamelaJolly
Instagram - @drpamelajolly

Podcast music  

David Hilowitz  - Gradual Sunrise