Episode 65

Published on:

12th Oct 2020

Building Wealth through Equity Compensation with Malcolm Ethridge and Samuel Deane

In order to build wealth, you need equity. There are many ways to build equity, and equity compensation is one of them!

If your employer is giving you ownership shares as compensation for your good work then you’re on your way to accumulating wealth. As attractive as this sounds, what exactly is it?, how can it impact your financial plan? And how can it help change the complexion of wealth?

Join me in this episode, as I talk about wealth building through equity compensation with Malcolm Ethridge and Samuel Deane who are both amazing financial professionals that are making a positive impact in the black community!

Tune in as Malcolm and Samuel get into the nitty-gritty of what you need to know about equity compensation and how successful people like Jeff Bezos are utilizing it! They’ll also provide strategic ways to better your financial position!


>> What is equity compensation

>> How equity compensation can help change the complexion of wealth 

>> What attracted Malcolm into the equity compensation space

>> Samuel talks about his experience cold calling people for a living

>> Malcolm and Samuel talks about how Jeff Bezos’ equity compensation works

>> Example of what an equity count is and how to calculate it

>> How you can build wealth through equity compensation

>> Tactics and ways that Malcolm uses to help his clients 

>> Why equity compensation is similar to playing chess and not checkers

>> Samuel’s thoughts on generational wealth in the black community

>> Identifying the 3 things that you’re going to do next week to put yourself in a better financial position

Resources mentioned from this episode:

>> Malcolm Ethridge’s Social Media:




>> Malcolm Ethridge website

>> Manage Your Damn Money Podcast

>> Samuel Deanne’s Social Media:




>> Deane Financial

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

>> Secure Your Family’s Future through Estate Planning

>> Teach, Hustle Inspire

>> Financial Planning for Educators


I’m sure you’re getting tons of value from the podcast! Don’t forget to subscribe on Apple Podcasts, Spotify, Google Podcasts, or on your favorite podcast app and SHARE THIS with a friend.


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://www.facebook.com/groups/423846561552747/

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.