Episode 160

full
Published on:

8th Aug 2022

Building Generational Family Wealth with Mitch Brooks

The hard work we put in today are all for the same dream that one day, our children, the next generation, will live a life far better off than where we stand today. In order to get to that future vision, we have to focus on our present direction.

In this episode I am joined by Angel Investor and General Partner of High Street Equity Partners, Mitch Brooks. We will talk about closing the equity gap and building family wealth for the future generations. 

Mitch shares detailed steps on how you can change your financial trajectory. We discussed the two key ways on how to address the gap, getting over the barrier of access to capital, debt and equity investment, home ownership and entrepreneurship, and more. All crucial steps to reach your financial goals and dreams for yourself and your family. 

It’s time that your dreams finally become your reality!

Highlights:

>> Defining the Equity Gap 

>> The gateways to change the financial picture for generations to come 

>> Getting over the barrier of access to capital

>> Venture capital 

>> Debt Investment vs. Equity Investment 

>> Giving a percentage of Equity of Ownership to the right partner/s

>> Private Equity 

>> The importance of Entrepreneurship in closing the equity gap especially for people of color

Connect with Mitch:

>> Instagram: https://instagram.com/mitchbrooks

>> Twitter: https://twitter.com/mitchbrooks

>> LinkedIn: https://www.linkedin.com/in/mabiv 

>> Linktr.ee: https://linktr.ee/mitchbrooks 

>> Email: grow@highstreetequity.com 

>> Website: https://www.highstreetequity.com/ 

If you loved this episode, you have to listen to these episodes as well: 

>> Getting out of Poverty & Creating Wealth with Dr. David Rhoiney

>> Utilizing Your Financial Why to Help Change the Racial Wealth Gap

>> Bridging the Racial Wealth Divide with Dedrick Asante-Muhammad [Black History Month Special]

I’m sure you’re getting tons of value from the podcast! Don’t forget to subscribe on Apple Podcasts (https://apple.co/3jN77Mv), Spotify (https://spoti.fi/3jParH0), Google Podcasts (https://bit.ly/3n3i8vb), or on your favorite podcast app and SHARE THIS 👉 (https://bit.ly/3l18yWQ) with a friend.

 

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Let's Continue the Conversation! Head on over to the Facebook Group and let’s discuss how we can change the complexion of wealth (https://bit.ly/3jO4cmF

Want to chat with a fee-only financial planner? Shoot me an email at emlen@minoritymoneypodcast.com  Can't wait to meet you.

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About the Podcast

Minority Money
Changing the Complexion of Wealth
The Minority Money Podcast is about finance, family, fitness/health, and education and how all of these things affect your overall wealth.

About your host

Profile picture for Emlen Miles-Mattingly

Emlen Miles-Mattingly

Emlen Miles-Mattingly is the CEO and founder of Gen Next Wealth. He spends much of his waking day striving to bring more value to the table for his clients, with the goal of helping them align their money with their values. Ultimately working with clients to make a lifetime of smart decisions with their resources.
With nearly 19 years of experience in the financial services industry, he decided to leave the large corporations and start his own independent firm. It is his passion to keep the client's best interest in mind when making recommendations. Everyday Emlen wakes up knowing he has an opportunity to learn something new and is excited to share what he has discovered with people in need of it. He has a bachelor’s in business administration and is currently enrolled in coursework to obtain the CERTIFIED FINANCIAL PLANNER designation.
Emlen was born and raised in the small town of Madera, CA this is also where the firm is located. He is married to Maricela and they have 4 children Jada, Mia, Emlen II, and Ecella. We have a very active life, we enjoy working out, hiking, craft beer and escaping to the coast whenever possible.