In episode 26 of the Come Correct Podcast, Frank Jackson (@frank_thefuture), a Writer, Speaker, and Educator discusses the study of well-being and positive psychology in the Black community, and how his organization (The Pearl Effect) teaches individuals and organizations through workshops, speaking engagements and consulting services, how to not only survive but thrive in today's ever-evolving climate.Watch the Come Correct Podcast to learn how to build relationships in commercial banking, hear discussions between thought-leaders about creating wealth in the Black Community, and much more. For info on Black business ownership, commercial banking, building wealth, and networking amongst top names, SUBSCRIBE to Space&Equity today!Amongst other things, Space & Equity aims to increase networking and build equity in the space of Black-owned real estate and commercial real estate, increase knowledge and gain power with expertise in real estate brokerage and ultimately support a Black community that’s well-versed and armed with the tools needed to succeed in commercial banking, real estate, financing, and business ownership. Timestamps: 0:00 - Introduction3:05 - Positive psychology & the study of well-being4:10 - The Pandemic5:59 - The Pearl Effect10:15 - Importance of Black History12:30 - How Frank deals with the loss of both parents16:00 - Goal of The Pearl Effect18:00 - Post Traumatic Slave Syndrome 20:00 - Two sides of a coin22:00 - Black History lesson25:50 - How do we thrive as a community28:10 - We have the means to tell our own story33:00 - Can't be quick to focus on the bad35:00 - My Blackness is global43:45 - Crunch Time "J. Cole" Follow Frank Jackson: The Pearl Effect Website: https://thepearleffectpp.com/Instagram: https://www.instagram.com/frank_thefuture/Linkedin: https://www.linkedin.com/in/frank-jackson-b61601134/Email: info@thepearleffectpp.comFollow Space & Equity: Schedule a consultation with Obi on Space & Equity website: https://spaceequitycorp.com/ Follow Obi_Empowers on Instagram: https://www.instagram.com/obi_empowers/ Follow Space & Equity on LinkedIn: https://www.linkedin.com/company/space-equity-corp/ Schedule a Deal Review session with Obi Chukwumah: https://calendly.com/come_correct/come-correct-consulting-individual-deal-review

Nicole Mays is the founder of 1 Care Premier Services a Social Services business that offers Foster Care, Foster Kinship, Adoption, and Home & Community Based Services. A recent article put out by JP Morgan Wealth Management noted that "Black women are the fastest growing demographic of entrepreneurs in the U.S., with nearly 2.7 million businesses nationwide. But even with their growing presence in the business world, these women face disproportionate financial headwinds."  Although Nicole was not an exception to the norm, she quickly educated herself and figured out how to leverage traditional financing opportunities to grow and scale her business. She emphasizes the need to work with professionals like accountants and bankers in order to navigate the process.Watch the Come Correct Podcast to learn how to build relationships in commercial banking, hear discussions between thought-leaders about creating wealth in the Black Community, and much more. For info on Black business ownership, commercial banking, building wealth and networking amongst top names. Subscribe to Space & Equity today!Amongst other things, Space & Equity aims to increase networking and build equity in the space of Black-owned real estate and commercial real estate, increase knowledge and gain power with expertise in real estate brokerage and ultimately support a Black community that’s well-versed and armed with the tools needed to succeed in commercial banking, real estate, financing, and business ownership. Timestamps: 0:00 - Introduction 0:30 - 1Care Premier Services2:51 - Barriers to entry5:00 - Access to capital is essential for growth10:08 - Banking relationships14:00 - Space & Equity’s Customer15:11 - 1 Care Customers19:28 - Public Funding21:34 - Operations & Staffing22:17 - Delegation is my friend26:28 - Managing capital 27:19 - Advice for those interested in starting a Social Service Business29:07 - Franchising opportunities 30:29 - 1999 playlist 32:53 - Get in touch with Nicole Mays Follow Nicole Mays: www.1carepremierservices.comFollow 1 Care Premier Services on IG: @1carepremierFollow Nicole Mays on IG: @nicolemaysjacksonFollow Space & Equity: Schedule a consultation with Obi on Space & Equity website: https://spaceequitycorp.com/ Follow Obi_Empowers on Instagram: https://www.instagram.com/obi_empowers/ Follow Space & Equity on LinkedIn: https://www.linkedin.com/company/space-equity-corp/ Schedule a Deal Review session with Obi Chukwumah: https://calendly.com/come_correct/come-correct-consulting-individual-deal-review

In February 2022, we successfully launched the inaugural "Field to the Boardroom" gathering. The vision behind FTBR stems from my experience growing up playing team sports. I played soccer, basketball, football, and ran track. Each sport taught me the importance of collaboration and the value of sharing a collective objective amongst like-minded individuals.  With over 40-guest in attendance, we connected developers to realtors, investors with attorneys, and professionals with influential non-for-profit founders.  Finally, I can personally confirm over $10 million dollars of pipeline and closed business has occurred as a result of the conference (Less than 90-days later).This presentation features Chris “Fish” Fisher, President of the Magnolia Financial Group. Chris emphasizes the importance of understanding the “Game” (ie the Financial Game) and your position within the “Game”. Being confident in your abilities, working on your weaknesses, and having a clear vision are also major themes of his talk. Timestamps: 0:00 - 2:23 - Intro How hard it is to live your dream. 3:37 - 4:50 - What we can gain and learn from Networking with each other.                      5:30 - 6:29 -Magnolia Financial Group. How big projects get funded.8:26-10:53 - The importance of confidence.10:53-11:42 - The Importance of positive Affirmations. 12:02-15:06 - Knowing who is in the room, the importance of networking.15:36-18:47 - Funding issues, knowing the language and how to interact solely on the Money tip18:59-20:06 - You have to know the system.21:02-21:39- Highlighting what Obi is creating22:17-25:18 - Former NFL player, Bethel Johnson working with athletes. How the Bill & Melinda Gates Foundation works, understanding the rules of the game.25:19-27:43 - JV Cash Program and Payment Order28:23-30:03 - How to work lending deals30:03-32:35 - Payment Order33:17-38:50 - Infinite Banking  (Debt creates more money)38:50-40:08 - Plan to buy a professional team41:41-43:20 - Why Fish wants to own a professional team ( Community Impact)43:33-46:18 - Talking about his book " Warning Professional Sports Don't Make Millionaires” Follow Chris “Fish” Fisher: Check out @fishthemogul on Instagram: https://www.instagram.com/fishthemogul/On The Money Podcast on YouTube: https://www.youtube.com/channel/UCwe30-5jopqO8kYto7GgPEAPurchase “Warning Professional Sports Don't Make Millionaires” on Amazon: https://www.amazon.com/Warning-Professional-Millionaires-Containing-Strategies/dp/1500484385 Follow Space & Equity: Check out Space & Equity website: https://spaceequitycorp.com/Follow Obi_Empowers on Instagram: https://www.instagram.com/obi_empowers/Follow Space & Equity on LinkedIn: https://www.linkedin.com/company/space-equity-corp/

In episode 21 of the Come Correct Podcast, Obi chops it up with his former Wake Forest University teammate Caron “Bop” Bracy. The two Demon Decans take a trip down memory lane discussing their win/loss record, nicknames, and experiences as student-athletes. They go on to discuss the transition from being a Black student-athlete to corporate America and into entrepreneurship. Watch the Come Correct Podcast to learn how to build relationships in commercial banking, hear discussions between thought-leaders about creating wealth in the Black Community, and much more. For info on Black business ownership, commercial banking, building wealth, and networking amongst top names. Subscribe to Space&Equity today!Amongst other things, Space & Equity aims to increase networking and build equity in the space of Black-owned real estate and commercial real estate, increase knowledge and gain power with expertise in real estate brokerage and ultimately support a Black community that’s well-versed and armed with the tools needed to succeed in commercial banking, real estate, financing, and business ownership. Timestamps: 0:00-4:06 - Uvalde school shooting4:06-8:44 - Caron and Obi’s Wake Forest memories9:59-11:06 - What Caron gained from his education at Wake Forest11:30-16:54 - Transition from a Student-Athlete to Corporate America24:00-24:57 - How athletes transfer talents and skills to the corporate and entrepreneur world.28:58-32:00 - First Legacy REI32:00-34:41 - Building a team.37:43-41:05 - Doing business with family and Friends, cultural mistruths.  41:17-42:00 - Moving our community forward47:36-9:55 - Trick Daddy’s legacy in Hip-Hop culture  Connect with Caron “Bop” BracyFirst Legacy REI:http://www.firstlegacyrei.com/Instagram: https://www.instagram.com/bbear3221/Connect with Space & EquitySchedule a Deal Review session with Obi Chukwumah: https://calendly.com/come_correct/come-correct-consulting-individual-deal-reviewWebsite:  https://spaceequitycorp.com/Instagram:  https://www.instagram.com/obi_empowers/LinkedIn:  https://www.linkedin.com/company/space-equity-corp/

In early 2020 Paul Austin and his wife Tenisha Tate-Austin fell victim to discrimination when they received a lowball home appraisal for their newly renovated home in Northern California. In this episode of the Come Correct Podcast, Obi has a candid conversation with Paul about the incident and a larger conversation about racism in today's society. Listen to the Come Correct Podcast to learn how to build relationships in commercial banking, hear discussions between thought-leaders about creating wealth in the Black Community, and much more. For info on Black business ownership, commercial banking, building wealth and networking amongst top names. Subscribe to Space&Equity today!Amongst other things, Space & Equity aims to increase networking and build equity in the space of Black-owned real estate and commercial real estate, increase knowledge and gain power with expertise in real estate brokerage and ultimately support a Black community that’s well-versed and armed with the tools needed to succeed in commercial banking, real estate, financing, and business ownership. Connect with Paul AustinRead the Washington Post Article: https://www.washingtonpost.com/nation/2021/12/06/black-couple-home-value-white-washing/Follow Paul on Instagram: https://www.instagram.com/pauleasya/Check out Pauls Nonprofit Organization, Play Marin: https://www.playmarin.org/Connect with Space & EquitySchedule a Deal Review session with Obi Chukwumah: https://calendly.com/come_correct/come-correct-consulting-individual-deal-reviewWebsite:  https://spaceequitycorp.com/Instagram:  https://www.instagram.com/obi_empowers/LinkedIn:  https://www.linkedin.com/company/space-equity-corp/

In episode 19 of the Come Correct Podcast, Obi Chukwumah discusses the vital topic of Mental health with Licenced Professional Counselor, Standice Rumph who specializes in Serious Mental Illness. They discuss mental health in the family and in the Black Community, normalizing and managing mental health, doing business as a mental health professional, opportunities to get funding for your business, as well as the importance of educating the community about mental health and the need to develop more mental health professionals within the Black Community. Watch the Come Correct Podcast to learn how to build relationships in commercial banking, hear discussions between thought-leaders about building wealth in the Black Community, and much more. For info on Black business ownership, commercial banking, building wealth and networking amongst top names. Subscribe to Space&Equity today!Amongst other things, Space & Equity aims to increase networking and build equity in the space of Black-owned real estate and commercial real estate, increase knowledge and gain power with expertise in real estate brokerage and ultimately support a Black community that’s well-versed and armed with the tools needed to succeed in commercial banking, real estate, financing, and business ownership. Timestamps: 0:00 - Introduction1:13 - When did you fall in love with Hip-hop5:30 - Why are you passionate about Mental Health as a Licenced Professional Counselor 7:00 - Mental Health in the family8:13 - Normalizing Mental Health10:15 - Managing a Mental Health business13:10 - State funding and Grant funding opportunities for Mental Health Businesses 15:40 - Managing Mental Health18:05 - Mental Health in the Black Community21:05 - Managing Mental Health in Faith-based Communities 23:10 - How to start a Mental Health business with Grants & State funding25:55 - Everyone faces trauma at some point26:35 - Will Smith Slap incident 27:30 - Importance of seeing a Therapist 28:27 - Breakdown of Mental Health professional disciplines 30:05 - Mental Health ecosystem33:20 - How does so much talent come out of Virginia34:30 - We’ll end with Pusha TConnect with Standice Rumph, LPChttps://www.instagram.com/stanlpc_re/Connect with Space & EquitySchedule a Deal Review session with Obi Chukwumah: https://calendly.com/come_correct/come-correct-consulting-individual-deal-reviewWebsite:  https://spaceequitycorp.com/Instagram:  https://www.instagram.com/obi_empowers/LinkedIn:  https://www.linkedin.com/company/space-equity-corp/

In the latest episode of the Come Correct Podcast, host Obi Chukwumah was privileged to have a conversation with a true real estate mogul in Benaisha Pool-Watson. They talked about real estate being the best avenue to become a millionaire, educating the Black families about wealth creation, connecting Black Americans to Africa, and the late 90s Hip-Hop and R&B era. Benaisha has been officially named the #2 Realtor in Dallas TX, #19 in the State of Texas, Top 100 Real Estate Agent in the United States of America, and Top 1% in the Nation. With over 400 homes sold a year, Benaisha has been recognized by Black Enterprise and Forbes. She is a Real Estate Investor, Developer, and Builder of Custom Homes and also the Owner of The Bailey Watson Real Estate Group with licensed Agents across the nation, and the Owner of her own Federally Chartered Bank operating as a Direct Lender - Prime One Home Loans.Watch the Come Correct Podcast to learn how to build relationships in commercial banking, hear discussions between thought-leaders about building wealth in the Black Community, and much more. For info on Black business ownership, commercial banking, building wealth and networking amongst top names. Subscribe to Space&Equity today!Amongst other things, Space & Equity aims to increase networking and build equity in the space of Black-owned real estate and commercial real estate, increase knowledge and gain power with expertise in real estate brokerage and ultimately support a Black community that’s well-versed and armed with the tools needed to succeed in commercial banking, real estate, financing, and lending and business ownership. Timestamps: 0:00 - Introduction 0:30 - Benaisha’s transition into real estate 2:00 - Real Estat is the best avenue to become a millionaire 3:43 - I also own a bank4:00 - How will increased inflation plus a possible recession affect the real estate market7:10 - Will people be able to afford the increasing cost of real estate8:45 - If you’re not a homeowner then you are in jeopardy 10:00 - Educating Black families about wealth creation 12:20 - How do we connect Black Americans to Africa15:00 - What were you listening to in the late ’90s 19:20 - Benaisha was in a Jay Z video!20:04 - Benaisha’s journey from Los Angeles to Dallas 21:00 - Navigating being a successful Entrepreneur 23:00 - How can you connect with Benaisha 23:25 - How can Benaisha and her team help you Connect with Benaisha Pool-WatsonInstagram: https://www.instagram.com/benaisha__/Bailey Watson Group: https://www.baileywatsongroup.com/?fbclid=IwAR16sS04NJc7LQjxaqyxwDSGm0pDvVBDTrcvbigXK39TddF5CU6BFJZMwM4Prime One Home Loans: https://primeonehomeloans.com/Connect with Space & EquitySchedule a Deal Review session with Obi Chukwumah: https://calendly.com/come_correct/come-correct-consulting-individual-deal-reviewWebsite: https://spaceequitycorp.com/Instagram: https://www.instagram.com/obi_empowers/LinkedIn:  https://www.linkedin.com/company/space-equity-corp/

In Episode 18 of the Come Correct Podcast, host Obi Chukwumah sits down with fellow former Banker and current CEO of BizFund Academy and Ms. Cooper Home Loans, Alisha Cooper-Wells. The like-minded duo discuss, alternative funding vs bank funding, the value of having a coach, the importance of creating a business entity, and how creating an identity for your business can allow you to scale your business. When people talk about mastering the art of having multiple streams of income, Alisha Cooper-Wells has not only achieved this level of success but has dedicated her life to empowering others to do the same. Alisha designed Biz Fund Academy as a platform to equip attendees with every tool and strategy to achieve their revenue goals swiftly.Watch the Come Correct Podcast to learn how to build relationships in commercial banking, hear discussions between thought-leaders about building wealth in the Black Community, and much more. For info on Black business ownership, commercial banking, building wealth, Black business ownership, and networking amongst top names. Subscribe to Space&Equity today!Amongst other things, Space&Equity aims to increase networking and build equity in the space of Black-owned real estate and commercial real estate, increase knowledge and gain power with expertise in real estate brokerage and ultimately produce a Black Community that’s well-versed and armed with the tools needed to succeed in commercial banking, real estate, financing, and lending and business ownership. Timestamps: 0:00 - Introduction 3:20 - “The Play” BizFund Academy training program 6:00 - Understanding the difference between traditional banks and equity partners8:20 - What No Documentation means in lending terms9:00 - Why Brokers are valuable to business owners and banks10:40 - Organize your business entity12:28 - Don’t represent yourself as your business 13:26 - Steps to create a business entity15:27 - The value of getting help from professionals 16:44 - Despair in Balck Community when it comes to pursuing finance from banks19:37 - Alisha’s motivating story22:00 - Power in understanding what is available to you 23:05 - You don’t have to bootstrap your life24:20 - Alisha’s KEY (Knowledge Empowers You)25:30 - Transition from Corporate to EntrepreneurCheck out BizFund Academy: https://www.bizfundacademy.com/Follow Alisha on Instagram: https://www.instagram.com/mscooperhomeloans/Follow Ms. Cooper Home Loans on FB: https://www.facebook.com/mscooperhomeloansCheck out Space & Equity website: https://spaceequitycorp.com/Follow Obi_Empowers on Instagram: https://www.instagram.com/obi_empowers/Follow Space & Equity on LinkedIn: https://www.linkedin.com/company/space-equity-corp/

Owner of Space&Equity, Obi Chukwumah, introduces the backbone to his operation, wife Dr. Danielle Chukwumah. They travel back in time to the moment it all began for the couple and discuss Danielle’s success in the medical field and their many encounters where they have supported one another and have been able to sustain each other in this transformational journey into entrepreneurship. Dr. Chukwumah explains her journey has taught her that being a highly trained physician is not all that she came here to do! She elaborates by sharing her early mindset and events in her life that have really changed the perspective of her contribution to society. Danielle persevered and made it through college on her own. Working a full-time job while studying while needing to sustain herself as an independent woman facing the struggles of life and society.  Learning to build relationships and networking with like-minded individuals to build wealth and now share the knowledge.Space & Equity aims to increase networking, build equity and gain power with expertise that will ultimately produce a black community that’s well-versed and armed with the tools needed to succeed.Dr. Danielle Chukwumah's Interview:0:00- Intro 1:45- Nice guys7:25- Together since September 20018:40- Inspired by Dr. Borrows 10:07- Life between 5-8 years of age12:45: WFU Undergrad16:38- All In-Perseverance22:28- Sickle Cell25:40- How to Navigate Racism30:30 Building a family “2005”30:53- Student Loans32:27- Living the Dream35:25- What I want from this Journey37:40- Jotting Ideas- Bryan Golden Philosophy38:30- Walking the Journey Together40:30- Networking 41:20- Call to ActionSubscribe: Follow Host Obi Chukwumah on Instagram: https://www.instagram.com/obi_empowers/ Follow Space_&_Equity on Instagram: https://www.instagram.com/spaceequitycorp/ Follow Space_&_Equity on Linked in: https://www.linkedin.com/company/space-equity-corp/ Shop Space_&_Equity Merch: https://spaceequitycorp.com/collections/all

This week CEO of Space&Equity, Obi Chukwumah, and King David Reeves, CEO of SMMXEPERTS take a deep dive into a commercial loan process discussing 15 Steps to close the deal. Real data to get you the real money you deserve. Real Banking advice for real people. Obi breaks down a step-by-step approach, elaborating on and sharing his experiences structuring these kinds of deals. Having 15 years of experience Obi is able to identify If an opportunity exists in the early stages of meeting a client. He is able to identify the challenges and potential opportunities within each deal. In many cases the foundation of a good deal includes, having proof of concept, supporting financials, and a team consensus that will support the approval of the loan. Join us next week as the duo will continue on steps 5-18.Space & Equity continues to provide commercial banking education to increase assets and build equity in the space of black-owned real estate and commercial real estate. Space & Equity aims to increase knowledge and gain power with expertise in real estate brokerage and ultimately produce a black community that’s well-versed and armed with the tools needed to succeed in commercial banking, real estate, financing, lending, and business ownership.Our Patreon page will be available soon. Leave a like and a comment if you would like access to more exclusive deep-dive information on how commercial loans are structured and what you need to prepare in order to Come Correct. Timestamps:0:00 -Intro1:31- Relationship Business Agenda2:41 Birth center investor6:08- Does opportunity exist10:15- 15 Step Deal12:08- Primary Source of Repayment16:05- Commercial Team Sport18:05- Structuring a deal24:07- Step 4- Team Consensus27:53- My own advisor35:00 Term Sheet, Sheet of Terms36:16- Relationship Equity38:58- Steps 8-1539:22- Kind David Reeves Contact information40:00- Elevate your familySMMXEPRTS:Follow King David Reeves on Instagram: https://www.instagram.com/kingdavidreeves/ King David Reeves on LinkedIn: https://www.linkedin.com/in/king-david-reeves-a5b730137Space & Equity: Follow Host Obi Chukwumah on Instagram: https://www.instagram.com/obi_empowers/ Follow Space_&_Equity on Instagram:https://www.instagram.com/spaceequitycorp/Follow Space_&_Equity on LinkedIn: https://www.linkedin.com/company/space-equity-corpShop Space_&_Equity Merch: https://spaceequitycorp.com/collections/all

#LegalConsulting #Protecttheinvestor #BusinessCommunity #Beyondpersonalwealth #fundCreationSpace & Equity Podcast is back this week as Obi introduces Sean Tate from Come Correct Consulting Network. Sean Tate represents clients in complex transactional matters, with a focus on corporate law, mergers and acquisitions, and real estate. He has extensive experience in private equity fund and sponsor formation, corporate structuring, and real estate transactions.The duo goes into depth about developing relationships and gathering knowledge to bring to the community. Sean shares his past and how he made the decision to become a lawyer and build his own business. They both share knowledge of entrepreneurship, fund creations, Investors, attorneys, and Informed consent needed to thrive in today’s world. Both working and implementing their vision into an already existing blueprint. They emphasize the need to determine if your business is a business or a Hobby, highlighting the need to eliminate the psychological barriers to scale. Understanding debt and equity by using debt as equity and being wary about the services and approaches you take when making business deals. Time Stamps:0:00 Introduction0:23 Sean Tate from commercials to Lawyer10:22 Finding your Niche Entrepreneur Approach17:00 Empower your community19:35 Legal Service Sharing the knowledge Big Law to the community24:07 Different Investors31:58 Stocks, Real estate & entrepreneurship34:03 Use Debt to Leverage Capital38:21 Equity is a Role40:00 Raise the Valuation for your company45:00 Capitol and Debt to scale the Business50:45 Tate Legal Counsel contact Information

The Space & Equity Podcast is back this week as Obi sits down with Hugh Breland, Pastor at Historic.Church and CEO of U&I Spread The Light (formerly Achieve DFW). Obi shares how the peaks and valleys he has experienced in his personal relationship with God have led him to truly understand his purpose and passion to change the wealth trajectory for the Black Community. Hugh explains his passion for advocating for those being excluded, dismissed, and thought of as less than. He has spent his life “in the margins, for the margins” which is the space that breaks his heart and the space he loves being invested in. The mission at U&I is to empower individuals with disabilities and those with barriers to work to achieve their highest level of employment and independence. Obi and Hugh have developed a relationship over the past year and a half as Obi acts as Chairman of the Board of Directors for U&I and Hugh sits on the Board for Space & Equity. U&I will be hosting The Dash Dallas, a 5K/1Mile Glow Run/Walk Extravaganza, on March 26, at 6pm at the Margaret Hunt Hill Bridge in Dallas. It will be fun for the whole family with an interactive kids zone, shop small market, beer garden, live music, and much more. Join us as we run, walk & celebrate in kinship with those who are often pushed to the margins - let's spread the light of inclusion for people with disabilities together!

Space_&_Equity Founder Obi Chukwumah sits down with his brother and COO, Chiedu Chukwumah. The brothers dig into their Decoding Banking Series where Obi uses the alphabet to explain elements of Commercial Banking. Today, Obi covers J- Joint and Several, K- Kiting, and L- Lien.  The brothers go on to discuss an upcoming meeting Obi has set up to broker a potential deal between a client of his and potential investors. Obi talks about his journey as a Commercial Banker and how over time he learned that brokering deals is all about relationships and experience. If you are interested in learning more about how to broker deals, let us know in the comments? #ComeCorrectPodcast #DecodingBanking #FromTheFieldToTheBoardroom **Timestamps**0:00 - Introduction0:24 - 1st Field To The Boardroom (FTBR) Plug Register for FTBR:  https://spaceequitycorp.com/pages/field-to-the-boardroom1:15 – Decoding Banking Series intro1:28 -  Decoding Banking Term: Joint and Several Liability 4:00 – Decoding Banking Term: Check Kiting6:45 – Decoding Banking Term: Lien9:15 – Chiedu asks about Space_&_Equity verticals, Scooter’s & Come Correct Consulting10:10 – Obi’s Journey in Commercial Banking, how he learned to broker deals11:00 – Obi gives an example of how he is brokering an actual deal!14:00 – A good Broker must know the following details about the deal!15:40 – Banks and Lenders expect the buyer of a business to understand the business and know how it will operate 16:10 – Setting your expectations and compensation structure upfront before closing the deal17:00 – The difference between a Broker and a Referral 17:15 – As a Broker, you must understand the business or opportunity you present18:12 – What Obi looks for in a Pitch Deck19:56 – Four Stages of a Deal21:08 – Obi wants the audience to understand that the Money Game is a tool, understanding the tools at your disposal is key22:14 – 2nd FTBR Plug! Wealth development is a Team Sport!

Obi discusses his transition from full-time Commercial Banker to full-time Entrepreneur and why he started Space & Equity and the Come Correct Podcast with his younger brother Chiedu Chukwumah. Working as a Commercial Banker opened Obi’s eyes to the fact that many people outside of the banking world don’t understand how banks work and that banks can become a wealth-building tool if you know how to play the game. Being a resource and example for Black and Minority communities was also a key factor for starting the Come Correct Podcast. **Timestamps**0:00 – Introduction3:00 – Obi’s transition from working for a Corporation to becoming a full-time Entrepreneur  4:15 – Chiedu speaks on the early days of Space & Equity6:05 – A bank is a wealth-building tool for those who understand how they operate7:00 – Obi explains how Capital comes from Equity and Debt8:30 – Why working with people who respect you is important 11:10 – Space & Equity was created with a goal to provide accessible information on wealth creation  12:00 – How the Come Correct Podcast team come together 13:40 – Chiedu’s Nigerian experience 19:00 – Starting a business from scratch is overrated 20:00 – Understanding the rules of the game (Episode 8 with Chris Fish)23:00 – How to implement a Self-Directed IRA as a Tool27:45 – Leverage a trusted team of financial experts to help you Follow Host Obi Chukwumah: @obi_empowers Follow Space_&_Equity: @spaceequitycorpShop Space_&_Equity Merch: https://spaceequitycorp.com/collections/all

In this episode of the Come Correct Podcast, host Obi Chukwumah sits down with the Founder of Precision Business Strategies, Lary D. West III who is a Tax and Business Strategist. Lary’s company provides reliable accounting and tax solutions for business owners and real estate investors. After earning his MBA in Finance and Accounting, Lary envisioned becoming a high-profile Investment Banker doing mergers and acquisitions but ended up falling in love with Tax side of Financial Planning. Obi and Lary discuss the value of having a Tax Strategist on your team and how they can not only help you save money, but also help you develop a wealth strategy that can pay dividends for generations to come. **Timestamps**0:00- Introduction0:50- Background Check6:00- Lary’s transition from Education to Finance8:00- Lary’s first Financial Advising job. Falling in love with Tax Planning and Tax Strategy9:00- Becoming an entrepreneur 10:45- Developing a Wealth Strategy. 3 important moves you can make12:10- Build the gateway to tax-efficient and tax-free income in retirement14:57- How to purchase assets that produce tax-efficient income (there is a tax-efficient way to buy a Ferrari)15:20- Advice for new entrepreneurs on developing a budget early. Investing for retirement19:00- The value of good debt and leverage21:00- Traditional CPA vs. Tax Strategist & how they can work together24:00- Ideal client for Precision Business Strategies 25:00- Estate Planning & Trusts28:30- When do I engage a CPA/Tax Strategist as a business owner? 32:45- Demographics of Precision Business Strategist Clients  Follow Host Obi Chukwumah: @obi_empowers Follow Space_&_Equity: @spaceequitycorpShop Space_&_Equity Merch: https://spaceequitycorp.com/collections/all Follow PBS: @precisionbusinessstrategies Check out PBS website: www.pb-strategies.com

Obi sits down with Tiara Shelton a founding family member of the Texas International Beauty and Wellness Expo which was started by her mother and father over 20 years ago. Tiara explains the "Why" for the expo which is, Education, Empowerment, and Entertainment. Space & Equity was invited to participate in several panel discussions during the event, discussing the importance of business and financial education in the industry.  Subscribe: https://www.youtube.com/channel/UCLP-No6R27vLVR1YL2Y5CSQ?sub_confirmation=1Follow Host Obi Chukwumah: @obi_empowers Follow Space_&_Equity: @spaceequitycorpShop Space_&_Equity Merch: https://spaceequitycorp.com/collections/allFollow Texas International Beauty & Wellness Expo: Website: texashairshows.comIG: @texashairshowFB: The Texas International Beauty & Wellness Expo#ComeCorrectPodcast #TexasHairShow #FinancialEducation

This episode of the Come Correct Podcast is packed with nuggets and knowledge about how money is created in capital markets. CEO of Magnolia Financial Group, Chris “Fish” Fisher explains to viewers, “ If you really want to get ahead in the game, you need to know who you are as it relates to the game (The System), how the game really works, and the tools that are associated with it. Subscribe: https://www.youtube.com/channel/UCLP-No6R27vLVR1YL2Y5CSQ?sub_confirmation=1Follow Host Obi Chukwumah: @obi_empowers Follow Space_&_Equity: @spaceequitycorpShop Space_&_Equity Merch: https://spaceequitycorp.com/collections/allFollow Chris "Fish" Fisher On The Money Podcast: YouTube: https://www.youtube.com/channel/UCwe30-5jopqO8kYto7GgPEAIG: https://www.instagram.com/onthemoneygsp/

CEO of Olerio Homes, Lou Olerio talks about the t-shirt business he started at SMU and how that experience eventually led him to build wealth through commercial real estate. Lou discusses his early experience investing in real estate with Hard Money, he learned valuable lessons by taking action and learning quickly from his mistakes. This year Olerio Homes is scheduled to complete 50 projects, next year his company is projecting to complete 100 plus projects! Key Terms: Source: Investopedia, CWS Capital Partners Hard Money: A hard money loan is a type of loan that is secured by real property. Hard money loans are considered loans of "last resort" or short-term bridge loans. These loans are primarily used in real estate transactions, with the lender generally being individuals or companies and not banks. Capital Gains: Capital gain is an increase in a capital asset's value and is considered to be realized when the asset is sold. 1031 Exchange: A 1031 exchange gets its name from Section 1031 of the U.S. Internal Revenue Code, which allows you to avoid paying capital gains taxes when you sell an investment property and reinvest the proceeds from the sale within certain time limits in a property or properties of like kind and equal or greater value. Joint Venture: A joint venture (JV) is a business arrangement in which two or more parties agree to pool their resources for the purpose of accomplishing a specific task. This task can be a new project or any other business activity. Real Estate Investment Trust: A real estate investment trust (REIT) is a company that owns, operates, or finances income-generating real estate. Modeled after mutual funds, REITs pool the capital of numerous investors. This makes it possible for individual investors to earn dividends from real estate investments—without having to buy, manage, or finance any properties themselves.Subscribe on YouTube: https://www.youtube.com/channel/UCLP-No6R27vLVR1YL2Y5CSQ?sub_confirmation=1Follow Host Obi Chukwumah: @obi_empowers Follow Space_&_Equity: @spaceequitycorpShop Space_&_Equity Merch: https://spaceequitycorp.com/collections/all Follow Lou: Website: https://oleriohomes.com/Instagram: https://www.instagram.com/oleriohomes/

Host Obi Chukwumah shares similar experiences with his guest Bryce Moen, they are both parents to a special needs child. Bryce’s daughter Chandler has a speech disorder called Childhood Apraxia of Speech (CAS). While learning more about CAS and the challenges children and their families face, Bryce discovered he could put his skill sets and entrepreneurial spirit towards founding an organization that provides speech therapy to financially disadvantaged youth. Chandler Speaks was founded in 2020 and has raised $62,000 dollars to date. Starting a non-profit during COVID-19 was not an easy feat but in a short period, they have been able to provide over 400 speech therapy sessions. If you would like to support Chandler Speaks you can donate directly on their website, the link along with links to their social media platforms are listed above.Subscribe on YouTube: https://www.youtube.com/channel/UCLP-No6R27vLVR1YL2Y5CSQ?sub_confirmation=1Follow Host Obi Chukwumah on IG: @obi_empowers Follow Space_&_Equity on IG: @spaceequitycorpShop Space_&_Equity Merch: https://spaceequitycorp.com/collections/all Follow Chandler SpeaksWebsite: https://www.chandlerspeaks.org/our-mission/Facebook: https://www.facebook.com/ChandlerSpeaksNonProfitTwitter: https://twitter.com/SpeaksChandlerLinkedIn: https://www.linkedin.com/company/chandlerspeaksInstagram: https://www.instagram.com/chandler_speaks/Youtube: https://www.youtube.com/channel/UC7IaLm-9e-hAerbcg7wBTww

Property Developer and owner of Kore Homes EJ Akeredolu talks about managing Gold (soon to be Platinum) Music Artist OG Bobby Billions and building a real estate development company from the ground up. EJ explains how the loss of his mother at an early age motivated him to become the man he is today. He also picked up valuable lessons from his time working for Basketball Coach Kelvin Sampson at the University of Houston.The self-made entrepreneur goes on to shed light on some important nuances related to managing and scaling real estate development projects.  Obi and EJ discuss the value of professional networking and developing strong relationships with your professional team. !!Time Stamps!!1:25 In life you gotta find things to keep you motivated3:45 Music means a lot to me, Managing OG Bobby Billions5:00 Experience working for University of Houston Basketball, lessons learned from Coach Sampson9:25 Every dollar counts, EJ talks about managing a development project12:20 Elements of a Financial Package and importance of keeping documents available and updated14:15 Necessity of developing professional and personal relationships with your team17:15 Managing and communicating with a team of contractors19:36 Explanation of debt and equity in business financing. EJ’s plans to scale his business  21:20 Value of NetworkingKey Banking Terms: Financial Stack: A description of the totality of capital invested in a project, including pure debt, hybrid debt, and equity. The stack is described as containing the most risk at the top, traveling down the stack to the position with the least risk.Capital Stack: The capital stack refers to the layers of capital that go into purchasing and operating a commercial real estate investmentContingency Funds: A contingency fund is money reserved to address unforeseen financial circumstances in a business.  Property Developer EJ Akeredolu Talks Managing Music Artist OG Bobby Billions And Building A Real Estate Development Company From The Ground Up | COME CORRECT PODCAST E5Follow Host Obi Chukwumah: @obi_empowers Follow Space_&_Equity: @spaceequitycorpShop Space_&_Equity Merch: https://spaceequitycorp.com/collections/allFollow Guest EJ Akeredolu: @EJ_RealTalkKore Homes website: https://www.korehomestx.com/MO3 & OG Bobby Billions- Outside(Better Days)(Official Video): https://www.youtube.com/watch?v=VT0YV-hJHzg#ComeCorrectAndTheyCantStopYou #RealEstateDevelopment #Space_&_Equity