Rich vs. Really Rich: Nicholas Crown on Entrepreneurship, Wealth Mindset & Smart Investing
The Journey with Morgan DeBaun
Release Date: 02/25/2025
The Journey with Morgan DeBaun
AI isn’t slowing down — it’s accelerating. Reports warn that up to 50% of entry-level white-collar jobs could be replaced by AI agents and automation by 2030. So what does that mean for you, your career, and your future? In this episode of The Journey, Morgan DeBaun breaks down what AI agents really are, why companies are shifting away from entry-level roles, and how you can future-proof your skills, income, and security. Morgan shares: Why CEOs are quietly replacing workers with AI What AI agents actually do (and how they’re evolving fast) The risk for white-collar and knowledge...
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If Morgan DeBaun had to start all over again, these are the 5 businesses she’d launch using AI—and you can too. In this episode of The Journey, Morgan dives deep into real, actionable business ideas that combine AI tools with human expertise—perfect for solopreneurs, side hustlers, and professionals navigating today’s uncertain job market. Whether you're recently laid off, looking to diversify your income, or ready to future-proof your skills, this episode will spark ideas and show you how to take action. In this episode: Why the rise of solopreneurship is accelerating The low...
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If you’re using ChatGPT or other AI tools but still feel like you’re barely scratching the surface, this episode is for you. Morgan DeBaun shares fast, tactical advice to help solopreneurs, small business owners, and creatives actually start using AI smarter—not harder. From audio prompting to smarter context organization, Morgan breaks down simple but powerful strategies to save time, improve your workflow, and stop overthinking how to “use AI the right way.” She also explains why letting AI write your prompts, organizing information into projects, and using tools like Gemini and...
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Jaclyn Johnson is back with a brand new vision—and this time, she’s rewriting the rules. In this candid and powerful conversation, Jaclyn opens up about what life really looks like after selling your company, healing from burnout, and rediscovering purpose. She and Morgan dive into the rise of angel investing, the power of warm intros, why she launched a platform that’s already helped deploy $1M+ to women and BIPOC-owned businesses, and how investing is about so much more than returns. They also get real about dating as high-powered women, feminine energy, letting go of control, and...
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In this powerful conversation, Morgan DeBaun and Jeff Nelson go deep on one of today’s most pressing questions: what happens to human value in the age of AI? From digital twins and AI agents to wearable tech and the erosion of critical thinking skills, they explore how technology is transforming not only how we work—but how we live. Morgan and Jeff break down the rise of AI agents (what they really are), the reality behind automation hype, and the traits that will keep you relevant no matter how advanced tech becomes. This episode is part philosophy, part career advice, and fully a...
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This episode is a must-listen if you're curious about how AI is actually being used in real life—not just by tech insiders, but by everyday professionals, creatives, and founders. Morgan DeBaun is breaking down exclusive insights from a recent AfroTech community survey to reveal the truth about how our community is engaging with AI tools. She shares the most-used platforms, the biggest gaps in understanding, and where people are seeking support—from automating workflows to mastering prompt engineering. Plus, Morgan opens up about how she uses ChatGPT in her everyday life, from solving...
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This episode originally aired in December 2023 and is a must-listen if you're serious about achieving financial freedom and stability. Morgan DeBaun is breaking down the power of multiple income streams—why relying on just one paycheck is risky, how it limits your freedom, and what you can do to change that today. She opens up about her 8 personal income streams—from stock dividends to salaries to events—and how she built each one with intention. Morgan shares how diversifying your income not only protects you in uncertain times, but also gives you more freedom, creativity, and long-term...
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It’s time for some real talk with Morgan DeBaun. In this episode, Morgan DeBaun answers YOUR questions on everything from startup funding to navigating layoffs. Plus, she shares what’s going on behind the scenes with her book launch, pregnancy news, and business shifts. In this episode: 00:00 Introduction and Updates 00:15 Impact of Executive Orders on Business 00:59 AfroTech Community Growth 02:14 Book Tour and Reader Feedback 05:35 Exciting Personal News 09:47 Fundraising Tips for Startups 14:05 Finding Co-Founders and Team Members 18:24 First Hires and Business Growth 20:47...
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This episode originally aired in July 2024 and quickly became one of the most popular episodes of The Journey. Whether you're tuning in for the first time or revisiting this conversation, this episode help you get unstuck and moving forward in your business and life! Morgan DeBaun is spilling the tea on 7 habits that just might be holding you back from achieving your highest levels of success in business and life. In this episode: 00:00 Introduction and Episode Overview 00:20 YouTube Channel Updates 00:59 Habit 1: Over-Reliance on One-Hour Meetings 04:41 Habit 2: Failure to...
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This episode originally aired in April 2024 and quickly became one of the most popular episodes of The Journey. Whether you're tuning in for the first time or revisiting this conversation, this episode will get you thinking about healing in a toxic culture. In this episode, Morgan DeBaun sits down with renowned physician, author, and trauma expert, Dr. Gabor Maté, for a thought-provoking conversation about childhood trauma and attachment, the impact of societal norms on parenting, and the healing potential of psychedelics. In this episode: 00:00 Introduction and Guest Overview...
info_outlineWhat separates the rich from the really rich? In this episode of The Journey, Morgan DeBaun sits down with entrepreneur, creator, and financial strategist Nicholas Crown to break down the key mindset shifts and financial strategies that set successful entrepreneurs and really rich individuals apart.
In this episode:
00:00 Introduction and Guest Welcome
00:27 Nicholas Crown's Entrepreneurial Journey
03:23 The Reality of Entrepreneurship
04:54 Geographical Arbitrage and Cost Management
08:00 The Birth of Rich vs. Really Rich Series
16:39 Navigating Market Response and Iteration
21:59 The Dilemma of Social Media Authenticity
22:43 The Power of Visual Cues in Marketing
23:22 The Struggle with Social Media Validation
24:33 The Journey of Entrepreneurship
25:24 Challenges of Running an Agency
26:39 Introducing Revise: A Retirement Planning Firm
29:13 Understanding Annuities and Their Benefits
38:18 The Importance of Consolidating 401ks
39:35 Final Thoughts on Financial Management
44:29 Connecting with Nicholas Crown
In the episode, Nicholas Crown, who is known for his viral Rich vs. Really Rich series, shares his path from Wall Street trader to digital entrepreneur, and the lessons learned along the way to financial independence. From scaling startups to exiting companies, he reflects on his journey of iteration, failure, and learning to define success beyond just making money.
Throughout the conversation, Morgan and Nicholas discuss the realities of entrepreneurship, including why business success often takes longer than expected, how to recognize when it's time to pivot, and the common mistake of staying in a failing venture for too long. They also touch on the power of social media in business, with Nicholas revealing how he unintentionally built a massive audience through content experimentation.
Nicholas also shares his insights on personal finance, explaining the mistakes many people make, especially when it comes to 401(k)s. He breaks down the steps individuals can take to regain control of their financial investments to prepare for retirement, and explains how his company, Revise, helps people grow their wealth safely through annuities and pension-like investment strategies.
If you’ve ever wondered how to break free from the paycheck-to-paycheck cycle, scale a business successfully, or invest smarter for the long run, this is a must-listen! So grab your headphones and get ready to take notes! Like what you hear? Don't forget to leave a rating and review!
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https://www.youtube.com/@NicholasCrownYouTube
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Produced by MicMoguls.