The following guest and I are part of a trend. Black women are going into entrepreneurship at rates that are significantly higher than other communities. We talk about the not so sexy part of entrepreneurship, the American workplace and working as Black women in America. What we both found was that entrepreneurship has allowed us to lean into aspects of our personalities that we often get penalized for. Next week Quinisha will be releasing a book that discusses some of the issues that haven’t made their way into common discourse.
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Show Notes
- Quinisha Jackson-Wright-We laugh at how I mess up her name and she introduces herself. She’s a freelance journalist and blogger in the personal finance and entrepreneurship. Quinisha is already releasing her book: Working Twice as Hard: The Reality of Entrepreneurship for Black Women next week.
- I ask about how she got into freelancing and she says that she fell into it’
- Freelancing fascinated her and having conversations with other freelancers helped to advise her on what she should do.
- April 2019 Quinisha went into freelancing full-time.
- I wonder what has surprised her about freelancing as a business. Basically, it’s not a get rich scheme. In fact, these projects can take time to onboard and relationship building is key.
- Nosey question “What was her pay for her first projects?” The answer makes me laugh (in a good way).
- The market creates confusion on pricing and earnings transparency.
- How getting published in the New York Times impacted her mindset specific to her pricing.
- Sharing her truth on Twitter as a woman of color and being in the personal finance space.
- The pandemic has impacted how she runs her business and who she wants to work with and do they reflect her values?
- How do you balance equity and earning income in one’s business?
- Writing her book “Working Twice as Hard: The Reality of Entrepreneurship for Black Women.” is not only to help other women but to build an income stream independent of freelance writing. New income streams can allow her to say “no” to what doesn’t serve her well.
Working Twice as Hard
- What inspired her to write it. A report on Black women owned business and the rate of businesses started by Black women (far outstripping other communities) Black Girl Magic…but, Quinisha asked herself what else is going on to create this trend?
- In speaking with other Black women there was this sense that many women were being pushed into entrepreneurship vs. planning entrepreneurship.
- What is going on with the mental health side of entrepreneurship that wasn’t being discussed.
- Let’s talk about the not so fun aspects of entrepreneurship.
- I validated her observations by sharing how I ended up being an entrepreneur.
- How I could lean into what I got reprimanded for at work, but served me well as an entrepreneur.
- Sharing that I like working WITH people not FOR people.
- Quinisha shares the impact of her work experiences and how people perceive how she is in the work space.
- Trying to show up fully but you really can’t
- Entrepreneurship requires you to be direct, to advocate for yourself and are awarded for problem solving, efficiency, etc. You’re not being combative or problematic.
Let’s Talk About Money
- Black women and their earnings-Not earning as much as we would like
- The pushback from companies as a frustration in earning more.
- Pay transparency and freelancing.
- I share why I worked on diversifying my income.
- Financial allies and their impact on my business income
- Factoring other factors that impact your money and ability to grow wealth
- If it was easy to be FI we would all be doing it.
- Quinisha wanted to avoid surface level conversations
- Entrepreneurship and social equity
- What can I do to design my best life because US business (work) policy doesn’t lead with workers’ lives. There are a few exceptions such as: Oikos, Ben and Jerry’s and other social impact brands.
- It’s not just about the money. How can you design your best life now?
- Quinisha wants to have her life and the business (two separate things)
- What do you want outside of just making money?
Follow Quinisha
- Twitter: @KWright0702
Buy the book today!
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