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Dr Boyce faces $350 million dollar shackles – Financial Godfather ep 12 – pt 1
Put the word Godfather in the comments if you’re on Instagram to view the entire series, or you can also visit FinancialGodfather.com.
In the latest episode of The Financial Godfather, Dr. Boyce and Solomon King are staring at a massive decision:
Do you take a $350 million offer?
That sounds like an easy yes.
But one of the most important lessons in business is that not all money is good money.
When someone puts a huge amount of cash on the table, there is usually a concession attached.
Control.
Ownership.
Voting power.
Future profits.
Intellectual property.
Or the ability to determine where the company goes next.
The question isn’t simply, “How much money are they giving me?”
The better question is, “What am I giving up to get it?”
This is especially important when we think about Black wealth.
Too often, short-term financial pressure can cause people to sell businesses, land, intellectual property, or other valuable assets that could have produced wealth for generations.
You solve today’s cash-flow problem.
But you may surrender tomorrow’s fortune.
That’s why financial literacy has to go beyond earning money.
We have to understand ownership.
Control.
Equity.
Leverage.
And the long-term value of what we possess.
I teach these kinds of principles every morning at 10 AM Eastern in our private Zoom class.
You can join us for free at MoneyintheMorning.com.
Build income.
But protect the assets that can feed your family long after you’re gone.
#TheFinancialGodfather #DrBoyceWatkins #BlackWealth
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