The Logistics of Black Wealth: 5 Hidden Secrets for crossing the “Collegiate Chasm”

Billionaire Robert Smith

In a real economic and long-term context Higher Education is an amazing investment. Given, the nature of Financial Aid, Student Loans and the reality governing career aspirations things can seem a little bleak at times. Yet, we still see the Growth & Development of our personhood as an investment worth its weight in gold. Thank God, there are individuals like Billionaire Robert Smith who opened his heart and pledged to pay the class of 2019’s student debt at Morehouse College to the tune of $40 Million. Although, we all would love a little debt cancellation and a way to build wealth without the shackles of students loans, it’s important to realize that there are other hidden secrets that can help us all to cross what I would like to call that “Collegiate Chasm”.

In a real economic and long-term context Higher Education is an amazing investment. Given, the nature of Financial Aid, Student Loans and the reality governing career aspirations things can seem a little bleak at times. Yet, we still see the Growth & Development of our personhood as an investment worth its weight in gold. Thank God, there are individuals like Billionaire Robert Smith who opened his heart and pledged to pay the class of 2019’s student debt at Morehouse College to the tune of $40 Million. Although, we all would love a little debt cancellation and a way to build wealth without the shackles of students loans, it’s important to realize that there are other hidden secrets that can help us all to cross what I would like to call that “Collegiate Chasm”.

The “Collegiate Chasm” is that bridge from your 1st college course to a stable foundation for building wealth and creating and leaving a legacy in the world. Contrary to popular belief about getting a stable job right after college, it could potentially take years to cross that chasm. At this point in my life I feel like I am just now beginning to cross that chasm considering graduated High-School in the year of 2000. The road wasn’t as cut and dry as most people seem to think High-Education lends its hand to. I spent 5 years at Kentucky State University (HBCU), and walked away with 92 credits, spent another 5 years at ITT-Technical Institute (Associate & Bachelors) and 3 years at Liberty University (a few Business Certificates and my MBA degree). Overall, you are looking at 13 years as a student in Higher-Education not counting my Doctoral (DBA) classes which is another story.

Why all the education you ask? Well my initial goal was to start my own business and build an empire, but that quickly shifted when I realized that Black Business Professors were rare and that I could teach at the next level. So, as you can see although life was pushing me to get a secure job and provide for my children my penchant and love for learning was taking precedence over the non-existent “American Dream” which was actually created by Hollywood Jews totally another topic of discussion. The real context here is about being able to follow your passion whether that takes you to India, Africa, China, or to 13 + years of learning in a Higher Education setting where the debt in constantly mounting. Again, the only reason I actually stayed in school this long is because I believed that I could create a business that would allow me to pay back all of my student loans. If I didn’t see a path of Entrepreneurship in my future I would still be working at the same job for security and owe 80% less in student loans that I current owe.

If you want to cross that chasm you must see your learning curve as one that is a life-long endeavor. Six years of Higher Education (Bachelors & Masters) is actually a program in self-mastery for the soul. I learned more about myself than I did from my professors. I reared my mind in Higher-Education throughout my twenties and a few years into my thirties, not because it was cool to do but that it was the path that was laid out for me to follow. Below, I have listed five ways that will guide you through the context of how “Black Wealth” and Higher Education go hand in hand. Creating wealth is a logistical process that involves using community to see a return on your educational investments.  

  • Run your College & University courses like a Business:Every class you take contributes to your bottom line. See every grade, test, quiz, paper and project as a means for investing in your future. Again, this is all about perceiving your collegiate experiences as something more than just running up debt and looking for a job once you graduate.
  • Commit to a long-term Growth & Development plan: See college as one leg of the journey with an incredible means for developing generational plans. Don’t limit your college experience to your own reality. Think about your children’s children and what type of education would make sense for the world that they may inherit.
  • Finance your imagination: Intellectually stimulating conversations and topics of discussion will arise in your educational journey, Seeing the end from the beginning will help you to walk into your desired dream. Don’t rely on your physical senses to bring in your future. Put your mind your mind to good use and see not only the diploma but your economic success affecting your community and generations to come.
  • Bankrupt the “I” that is now existing: This one may be difficult to swallow because you will ultimately have to remove yourself from a familiar circle in order to rise to the next level. Ex. Bachelors degree (1000 graduates) Masters Degree (500 graduates) Doctorate (100 graduates). The higher you go the smaller your circle becomes and the more you are able to associate with that circle of influences that represents where you will like to go in life. If you want to generate $100,000 annually you need to be in a circle that is committed to the process of generating $8k – $9K on a monthly basis.
  • Tap into your Ancestral Bloodline: Stop looking at the disfunction in your family and recognize that greatness has arisen from your bloodlines. Yes, we were once Kings and Queens but in today’s context we have bigger giants to overcome in order to reposition ourselves back on the throne. Dig deep if you have to and find what preceeded your existence and tap into that ancestral wisdom.

Infuse your life with action. Don’t wait for it to happen. Make it happen. Make your own future. Make your own hope. Make your own love. And whatever your beliefs, honor your creator, not by passively waiting for grace to come down from upon high, but by doing what you can to make grace happen… yourself, right now, right down here on Earth. ~Bradley Whitford

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s