Uplift: He was raised in poverty, now a real estate tycoon, top Lowe's contract and community leader.
Two-time Emmy and Three-time NAACP Image Award-winning, television Executive Producer Rushion McDonald interviewed Michael Woodward. He is the founder of Woodward Property Group, and discusses his journey from poverty to entrepreneurship, his success in real estate, and his commitment to education. 🔑 Key Themes & Highlights From Poverty to Business Success Grew up in Miami’s Liberty City, learning business skills from his grandmother, who ran a small candy shop in the projects. Used his experiences to build a career in real estate and education. Educational & Entrepreneurial Journey Founded Alpha Educational Consultants, a tutoring company that expanded into real estate consulting. Mentored students, led college tours, and helped individuals navigate property investments. Building Wealth Through Real Estate Purchased his first duplex at 20, living rent-free while tenants covered the mortgage. Continued acquiring properties, eventually amassing over $1 million in real estate assets. Woodward Property Group & Lowe’s Partnership Transitioned into property management and home improvement, securing a contract with Lowe’s to renovate high-end kitchens. Expanded his business to manage multiple Lowe’s locations across Atlanta. Lessons in Business & Financial Growth Emphasized the importance of credit management and strategic investments. Encouraged aspiring entrepreneurs to take calculated risks and seek mentorship. 📘 About Michael WoodwardMichael Woodward is a real estate investor, educator, and entrepreneur based in Atlanta. Through Woodward Property Group, he provides property management and home improvement services, while continuing his mission to mentor and uplift communities through education and financial literacy. #AMI #STRAW #BEST #SHMSSupport the show: https://www.steveharveyfm.com/See omnystudio.com/listener for privacy information.
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29:27
Uplift: She compares how different early investment plans grow exponentially.
Two-time Emmy and Three-time NAACP Image Award-winning, television Executive Producer Rushion McDonald interviewed Sonia Fears. First Vice President and Financial Advisor at Morgan Stanley. She leads The Fears Group, a wealth management team specializing in alternative investments, retirement planning, and financial education. 🔑 Key Themes & Highlights Building a Legacy Through Family Business Fears built a family practice at Morgan Stanley with her two daughters. She emphasized the importance of generational wealth and passing financial knowledge down. Financial Education & Wealth Management Many in the Black community lack access to financial education, leading to lost wealth. Fears stressed that financial literacy is available to everyone, not just those with advanced degrees. High-Yield Savings & Investment Strategies Traditional banks offer low interest rates, while Morgan Stanley’s Preferred Savings Program provides 4.6% on cash deposits. She explained how banks use deposited money for overnight lending, profiting more than account holders. Power of Compound Interest Fears illustrated how starting early leads to significantly higher returns over time. She compared two individuals saving at different ages, showing how early investment grows exponentially. 529 Plans & Roth IRAs for College Savings A 529 plan helps families save for college, and unused funds can be rolled into a Roth IRA. Roth IRAs allow tax-free growth, making them a powerful tool for long-term wealth building. Name, Image & Likeness (NIL) Financial Planning Young athletes earning NIL money need financial education to manage their earnings wisely. The Fears Group provides guidance for athletes and their families to ensure long-term financial stability. 📘 About Sonia FearsSonia Fears is a leading financial expert specializing in stocks, savings programs, compounded interest portfolios, and lines of credit. She has over 17 years of experience in wealth management, previously working at Merrill Lynch before joining Morgan Stanley. She is a Global Sports & Entertainment Director, helping clients in sports, entertainment, and business navigate financial success. #AMI #BEST #STRAW #SHMS Support the show: https://www.steveharveyfm.com/See omnystudio.com/listener for privacy information.
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25:50
Brand Building: Discusses why Minority entrepreneurs should buy existing businesses rather than starting from scratch.
Two-time Emmy and Three-time NAACP Image Award-winning, television Executive Producer Rushion McDonald interviewed Karla Trotman. President and CEO of Electro Soft Incorporated, an electronics manufacturing and engineering firm. The discussion focused on breaking barriers for women and minority business owners in manufacturing and closing the racial wealth gap. 🔑 Key Themes & Highlights Redefining Manufacturing Manufacturing isn’t just industrial factories—it includes baking, cabinet-making, and assembling office furniture. Trotman’s company specializes in electronics assembly, wiring harnesses, and circuit board manufacturing. Challenges in Domestic Manufacturing U.S. manufacturing has been outsourced overseas, making it difficult to bring production back. Policies supporting domestic manufacturing must include workforce training and component production. Workforce Development & Training Many trade schools and apprenticeship programs are growing to meet demand. Electro Soft trains employees within 90 days to work in electronics assembly. Closing the Racial Wealth Gap Wealth transfer is hindered by lack of financial planning, such as GoFundMe funerals and unclear property titles. Entrepreneurship and business ownership are key to building generational wealth. Acquiring Businesses as a Path to Wealth Minority entrepreneurs should buy existing businesses rather than starting from scratch. Many retiring business owners are willing to finance deals, allowing buyers to use business profits to pay off acquisitions. 📘 About Karla TrotmanKarla Trotman is a third-generation entrepreneur who took over her family’s business, Electro Soft Incorporated. She has a background in logistics, purchasing, and e-commerce, with experience at Honeywell, Gap, and IKEA. She is also the author of Dark, Dirty, Dangerous, a book about manufacturing, entrepreneurship, and wealth-building strategies. #BEST #STRAW #SHMS Support the show: https://www.steveharveyfm.com/See omnystudio.com/listener for privacy information.
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26:01
Brand Building: How to avoid business paralysis and make strategic decisions during uncertain times.
Two-time Emmy and Three-time NAACP Image Award-winning, television Executive Producer Rushion McDonald interviewed Rebecca Homkes. She is a high-growth strategy specialist, bestselling author, and executive advisor. The discussion focused on navigating uncertainty in business and her Survive, Reset, Thrive framework. 🔑 Key Themes & Highlights Navigating Uncertainty & Strategic Decision-Making Businesses must avoid paralysis and continue making strategic decisions despite uncertainty. Leaders should act on beliefs while continuously testing them to adapt effectively. Survive, Reset, Thrive Framework Survive: Stabilize operations during market shocks. Reset: Adapt to new realities and reassess strategies. Thrive: Scale and sustain growth through adaptability. Team Building & Internal Predictability Successful companies foster trust, reliability, and clear decision-making within teams. Leaders should ensure employees understand goals, decision-making processes, and accountability. Hiring & Leadership Strategy Leaders must hire based on skills and purpose, rather than familiarity, to ensure long-term success. Employees should be categorized as tour of duty hires (for specific projects) or repurpose hires (for long-term adaptability). Economic & Political Impact on Business Entrepreneurs should assess trends critically, distinguishing between noise and actual business impact. Businesses should focus on making great decisions, even if they can't predict the future. 📘 About Dr. Rebecca HomkesDr. Rebecca Homkes is a high-growth strategy specialist, executive advisor, and lecturer at London Business School. She has worked with global CEOs and leadership teams, helping them unlock organizational performance. She is also affiliated with Duke Corporate Executive Education and Boston Consulting Group University. She earned her doctorate at the London School of Economics as a Marshall Scholar and has served on the boards of high-growth companies. Her expertise spans corporate innovation, scaling strategies, and leadership development. For more insights, check out her book Survive, Reset, Thrive here or watch her interview here. #BEST #SHMS #STRAW Support the show: https://www.steveharveyfm.com/See omnystudio.com/listener for privacy information.
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25:02
Elon Leaving DOGE, Roscoe Wallace, Strawberry Letter - I Was There The Whole Time - 05.30.25
The Steve Harvey Morning Show fro Friday, May 30th, 2025: Steve Harvey's Morning Inspiration | Show Open - Steve's New Gift | Run That Prank Back - Colorful Adoptions | Ask The CLO | Entertainment News | Elon Musk Leaving DOGE | Roscoe Wallace | Nephew Tommy's Prank - Problem At The Valet | Strawberry Letter - I Was There The Whole Time | Junior's Sports Talk | Social Media Advice | Woman Hits Child Who Called Her Fat | Would You Rather | Steve Harvey's Closing RemarksSupport the show: https://www.steveharveyfm.com/See omnystudio.com/listener for privacy information.
Start your day with laughs, love, and real talk from Steve Harvey and his hilarious crew Shirley Strawberry, Carla Ferrell, Nephew Tommy, and Junior on the #1 morning radio show in America. Prank calls, life advice, celebrity guests, and nonstop energy. Follow, favorite, and subscribe now so you never miss a moment!
Steve Harvey brings his unmatched charisma and wisdom to mornings across the country, mixing comedy, culture, and connection like no one else. Whether you need a laugh, a lift, or a little perspective, The Steve Harvey Morning Show delivers it all.
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