Info You Can Use: Interview discusses financial legacy and wealth-building strategies.
Info You Can Use: Interview discusses financial legacy and wealth-building strategies.  
Podcast: The Steve Harvey Morning Show
Published On: Sat Nov 01 2025
Description: Two-time Emmy and Three-time NAACP Image Award-winning, television Executive Producer Rushion McDonald interviewed George C. Fraser. The document is a transcript from Money Making Conversations Masterclass, hosted by Rushion McDonald, featuring an interview with Dr. George C. Fraser—CEO of FraserNet and a renowned authority on networking, entrepreneurship, and wealth-building. Key Highlights: Introduction & Mission of Money Making Conversations Masterclass: Rushion McDonald emphasizes the importance of financial literacy and economic empowerment for minorities. He invites individuals to be guests on the show by applying via MoneyMakingConversations.com. Guest Introduction – Dr. George C. Fraser: CEO of FraserNet, a global networking movement dedicated to economic empowerment for people of African descent. Author, entrepreneur, and widely recognized networking guru with a focus on building generational wealth. The Urgency of Financial Education for Black Communities: Dr. Fraser stresses that wealth-building must be a priority. He notes that White families plan for three generations, while Black families often plan only for short-term financial needs. He uses the phrase:“The rich stay rich by pretending to be poor, and the poor stay poor by pretending to be rich.” Building a Financial Legacy & Wealth Strategies: Calls for a mindset shift—Black communities must focus on ownership and long-term investments. Financial education involves learning the rules of capitalism and leveraging economic opportunities. Cryptocurrency & New Investment Avenues: Traditional wealth-building tools (stocks, mutual funds, real estate) aren’t enough to close the racial wealth gap. Dr. Fraser advocates exploring cryptocurrency as a modern investment opportunity. He shares his personal experience in crypto investing, where his initial $10,000 investment grew to $236,000 in under a year. Investment Basics & Accessibility: Assures that crypto investing isn’t limited to the wealthy—people can start with as little as $300. Encourages financial literacy and taking calculated risks to increase economic equity. Teamwork & Collaboration in Wealth Building: Uses Usain Bolt’s relay race analogy to emphasize that:“None of us is as good as all of us put together.” Advocates for networking, mentorship, and community collaboration to accelerate financial progress. Final Takeaway: Financial education should be a lifelong commitment. Wealth-building requires investing wisely, taking risks, and thinking beyond traditional savings. Calls for more Black entrepreneurs to become the primary employers within their communities.   #STRAW #BEST #SHMSSupport the show: https://www.steveharveyfm.com/See omnystudio.com/listener for privacy information.