Hey there! Welcome to “Hello Entrepreneur” — my corner of Facebook Bulletin.
If you know me from social media or from my podcast, The Hello Seven Podcast, it is amazing to see you over here on this new platform.
If you don’t know who I am, let me introduce myself. My name is Rachel Rodgers and I’m the CEO of Hello Seven, a business I built with an initial $300 investment, to help marginalized folks build wealth. I’m also the bestselling author of We Should All Be Millionaires: A Woman’s Guide to Earning More, Building Wealth, and Gaining Economic Power.
So, what am I doing over here on Bulletin?
I wanted to create a space where my team and I could connect with a new audience to share actionable and practical business-related content and advice. A space where I could teach people, especially systemically marginalized folks, how to do what I’ve done — create a multimillion-dollar business from scratch.
But even more than that, a space where I could expand the reach of my mission — to help as many people as possible build wealth. Because, like the title of my book says, We Should All Be Millionaires. I truly believe that, and you should, too.
This Bulletin won’t just be my own personal space. My Hello Seven team members will also be here sharing their expertise from their zones of genius. You’ll hear from our marketing manager, our systems manager, our copywriters, our business coaches, and so many other amazing people who have been a part of growing this company to achieving consistent million dollar months.
Every week we’ll be bringing you content on entrepreneurship, “how to”s to help you grow your income, and actionable steps for building a badass, sustainable business that will serve you and your family for generations.
There’s a big reason behind why I created Hello Seven, wrote my book, and am now starting this Bulletin:
Systemically marginalized folks deserve more.
More opportunities, more open doors, and more money. Period.
That includes Black people, women, people of color, members of the LGBTQIA+ community, disabled people, and anyone who belongs to a community that’s been held back by an unjust system.
The harsh reality is, the world is severely imbalanced when it comes to money. Most people know that there’s a “wealth gap” between men and women, white people and Black people, cisgender people and the queer community, able bodied people and disabled people.
But really, it’s better described as a wealth chasm of Grand Canyon proportions. And I’ve got some stats to prove it:
On a white man’s dollar, white women make 79 cents, Black women make 62 cents, Native American women make 57 cents, and Latina women make 54 cents.In the US, the net worth of an average white household is literally 10 times more than the net worth of the average Black household.
The median net worth among households that have adult members with a disability is $33,318 less than the national median.
Employers are 30% less likely to request an interview from a woman perceived as LGBTQIA+, compared to one perceived as heterosexual.
And something extremely alarming — women face financial discrimination if they’re not thin. Seriously. When a woman gains 65 pounds, she’s likely to experience a 9% drop in earnings.
Many of us in marginalized groups have felt stuck mentally and financially, buried in debt, unable to save adequately for retirement, and limited in so many other ways.
Particularly if you’re a woman, you’ve probably heard your entire life that building wealth means saving and scrimping every stray dollar bill you can find, cutting coupons, or not drinking lattes.
This is terrible advice.
We need to be more focused on growing and creating our wealth, instead of shrinking and eliminating to try to hold on to the little we’ve got. And that’s exactly what my team and I will be discussing on this platform.
So, if you’re tired of getting business advice, mindset strategies, and money tips from straight cis white guys who offer trite, unrealistic advice and don’t look like you or understand what you’ve been through, this is the place for you.
But first, I want to hear from YOU.
What would you love me and my team to write about? What are some things about business and entrepreneurship that you struggle with and that you would love our advice on?
Leave a comment below with some topics you’d like us to touch on, and don’t forget to share this post with all your friends who are ready for some real business advice from a Black woman and her diverse team.
I’m excited to dig in with you and watch your money grow.
See you soon!