This is Entrepreneurs the Playbook, where each week I bring you some of the greatest athletes, celebrities, and entrepreneurs to talk about their personal and professional playbook to success.

Welcome to the Playbook. I'm David Beltser Welcome to the playbook.

I'm David Meltser here at the greatest stadium

ever created 5.5 billion dollars

of pure beauty in sports, entertainment,

and community reviving Inglewood like no other structure,

company or operation in history, and I'm blessed to be a part of it, but I'm more blessed to have my newest friend here.

Arlen Hamilton is here. She's an author and we're going to talk about her book, Your First

Million, but she's also a venture catalyst, and we're going to talk about that and of course

founder of backstage capital welcome to the playbook Arlen

thanks for having me David I'm so excited to have you here. First of all you may not know this but

I have created a fund, Melter funding that is specific to women but even further women of

color because I think the fastest way to change our ecosystem is to fund the people

that are most successful. You pay the quarterbacks who play the best, the most money, but for some

reason in venture, we're not paying the quarterbacks who make the most money the most money in fact less than 2% of women get funded and if you look at people of color and women it equals 73% of the earth and less than 3% of those people are being funded, capitalized, even though statistically, they're a better investment than anybody else in the world.

How are you facing that

reality, statistical reality that is probably more inherent than

intentional today inherent in the system that we've created, how are you fighting against that?

I have to say I have to say that it's somewhat intentional as well.

I mean, here we are, right?

So 10 years ago, 12 years ago, I saw that I saw that less than 10% of

funding was going to these groups and I identify as all of them including

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