Are You the First (or One of the Few) in Your Family to Think About or Start the Process to
​Building Generational Wealth? Join Our Community of First Generation Wealth Builders!
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​WHAT IS A FIRST & SECOND GENERATION WEALTH BUILDER?

     First generation wealth builders (FGWBs) and second generation wealth builders (SGWBs) are terms popularized by our Founder and CEO Shatoyia Jones to describe individuals in two different circumstances of building wealth. First generation wealth builders are individuals who have no financial inheritance, no inherited assets and are the first in their family to start and continue the process to building generational wealth in their families. FGWBs are usually starting with a net worth of $0 or even less in some cases and/or are living a paycheck-to-paycheck lifestyle. They are looking to improve their financial situation and leave a legacy for their loved ones.  SGWBs usually have some financial inheritance or some type of inherited assets but don't know how to manage, sustain or grow their inheritance and are looking to learn how to do so.

Which of the 5 Stages of Building Generational Wealth Are You In?

Stage 1: Mindset Shift and Vision Development

If you are in Stage 1, you want to start a purpose-driven, successful online business and/or build generational wealth, but you don’t truly believe that you can or that it is possible for you. OR you are in need of shifting your mindset on money and what you can achieve as well as create a vision and a plan of action to make your vision reality. Does this sound like you? Learn more about wealth builders who are in stage 1, and register for our next mindset shift and vision development masterclass!

Stage 2: Financial Planning and Management

Once your mindset is primed and prepped to start SUCCESSFULLY and SUSTAINABLY building wealth with a vision to match, it is now time for you to put your mind and vision into a plan of action. Yes, you must manifest in thoughtandaction. Thus, if you are in Stage 2, you believe without a doubt that it is possible for you to become financially literate and build wealth, but you don't know where to or how to start. Does this sound like you? Learn more about wealth builders who are in stage 2 of the wealth building process, and register for our next financial planning and management masterclass to begin managing and saving your money better, creating a budget and repairing financial damage.

Stage 3: Start, Build and Sustain and Online Business

Okay, so you have a system that you are implementing to undo financial damage, and you have a solid financial plan in motion for managing and saving your money and preparing for retirement. You have some savings, and your finances are on the up and up. What are your next steps? How do you move forward on your path to building wealth? An online business is great to start with little to no capital. There is more room for trial and error and your market is expansive--meaning there is more opportunity to reach the folks who want / need what you are offering. An online business also gives you the best opportunity to think about money in the way that you would truly need to not simply learn to manage and save money well but to expand your mindset to make your money work for you. Does this sound like you? Learn more about the best businesses to start online and how to do so in the smartest and cost-effective way possible by registering for our next Start, Build and Grow a Business Online masterclass!
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​Stage 4: Multiple Streams of Income and Diversification / Portfolio Expansion

At this point, you have a solid financial foundation and plan for growth, as well as 2+ income streams.  Here is what this could look like: 1) repaired finances and credit, 2) a solid financial plan of action to manage and save money, 3) a successful online business where you are earning $30-$60K a year, and 4) other financial assets. Now, it is time to level up again in your financial habits and mindset. It's time to expand your investing portfolio to add additional income streams. This can be another business, a passive income stream or other dividends and capital gains. Does this sound like you? Learn more, and register for our upcoming Multiple Streams of Income masterclass.

Stage 5: Generational Wealth Succession Plan

By the time you reached this stage, here is what you have accomplished so far: 1) you believed it was possible for you and took action to start your journey, 2) you created a vision / plan for what you wanted to achieve, 3) you worked with a licensed financial advisor or certified financial coach to repair financial damage, 4) you created a financial plan (includes retirement) to manage and save your money better, 5) you created a personal savings and emergency fund, 6) you started a successful online business that makes $30K - $60K per year, 7) you leveled up your mindset on money and wealth 10x, 8) you invested in other financial assets outside of your business, and 9) you created an estate and succession plan. What's left? It's time to pay it forward and teach your community and loved ones what you have learned.

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