Episode 325: Rebuilding From Broke, Making Wealth A Daily Decision & The Power Of A Financial Plan With Dominique Broadway
Journey To Launch
Jamila Souffrant
4.9 • 1.7K Ratings
🗓️ 7 June 2023
⏱️ 49 minutes
🧾️ Download transcript
Summary
Dominique Broadway, award-winning personal finance expert, speaker, new author and the founder of Finances Demystified, joins the podcast to discuss going from broke in business to leading a multi-million dollar finance brand.
Dominique quit her corporate finance job to start her own entrepreneurial journey, only to find herself in debt and being foreclosed on. After facing her money mistakes, putting a financial action plan in place, and doing the hard work, she became the successful businesswoman and millionaire she is today.
We discuss Dominique's unique journey to success, the powerful decision to choose wealth every day and how you can scale your business.
In this episode, you'll learn more about:
- How Dominique's early exposure to entrepreneurship and hustle propelled her to success
- Why having specific financial goals in business is imperative to not going broke + the power of experience education
- Taking accountability for your money mistakes + why communication is just as important in money as it is in your relationships
- Understanding the why behind your financial situation, navigating shame and embarrassment + working backwards to build wealth
- Actionable tips to scale your business or side hustle + more
Transcript
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| 0:00.0 | Your mind is a very powerful thing to be perfect for. |
| 0:06.8 | But in my mind, I owed, and this isn't even a number, but you know, I owed a million |
| 0:11.4 | bajillion dollars. |
| 0:12.4 | Okay, that's how much I owed. |
| 0:13.9 | I owed a million bajillion dollars and there was this debt monster and this debt monster |
| 0:17.6 | set beside my bed all night long and just bothered me and stressed me out. |
| 0:21.2 | When it was all said and done, I think I only owed like $21,000. |
| 0:27.4 | It was not as much as I thought, but I had created this whole narrative in my head. |
| 0:33.4 | That was really the first step for me. |
| 0:35.4 | T-minus 10 seconds. |
| 0:37.6 | Welcome to the Journey to Launch Podcast with your host, Jamila Sufranca, as a money expert |
| 0:43.2 | who rocks her top. |
| 0:44.7 | She helps braid juniors like you, get out of debt, save, invest, and build real well. |
| 0:51.9 | Join her on the Journey to Launch to Financial Freedom in 5-0-4. |
| 0:57.3 | Hey, hey, hey, real, real quick. |
| 1:07.2 | It's Jamila here and I have some exciting news to share with you. |
| 1:10.6 | My first book, Your Journey to Financial Freedom is step-by-step guide to achieving wealth |
| 1:16.4 | and happiness is finally available for pre-order. |
| 1:20.3 | That's right. |
| 1:21.3 | You can pre-order my book right now today. |
| 1:24.6 | The book is officially out December 5, 2023, but you do not have to wait that long to |
| 1:29.5 | get some resources and information to help you. |
... |
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