The Steve Harvey Morning Show

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Two-time Emmy and Three-time NAACP Image Award-winning, television Executive Producer Rushion McDonald interviewed LaVashia Davis.
Guest: LaVashia Davis, Founder of Ell Wess Advisors (boutique family office and wealth management firm)
Host: Rushion McDonald
Topic: Building multigenerational wealth, family wealth planning, asset protection, and creating lasting legacies.
Purpose of the Interview
The interview focuses on helping first-generation wealth builders and entrepreneurs understand that wealth creation is about more than investments. Davis explains how families can organize, protect, grow, and transfer wealth across generations by treating their family finances as a structured enterprise rather than simply accumulating money.
A central theme is that many successful individuals earn substantial incomes but lack a blueprint for preserving and transferring wealth. Davis advocates for intentional planning, legal structures, family involvement, and asset protection to create lasting legacies.
Key Takeaways 1. Wealth Requires a Blueprint
Davis explains that creating a legacy does not happen automatically. Families need a deliberate plan, legal structures, and defined roles if they want wealth to survive beyond one generation. [Lavashia D...(Podcast) | Txt]
Takeaway: Making money and building wealth are not the same. Wealth requires systems and succession planning.
2. Family Should Be Treated as an Asset
One of Davis's strongest messages is that family members can play meaningful roles in wealth-building efforts.
She argues that when people think about legacy, they often overlook the importance of human relationships and family participation. Wealth-transfer strategies frequently require successors, trustees, managers, and beneficiaries. Many of those roles can be filled by family members. [Lavashia D...(Podcast) | Txt]
Takeaway: Family can be a strategic asset when properly organized and aligned.
3. Not Every Family Member Contributes Equally
Davis acknowledges that some family members may behave more like liabilities than assets.
Using a balance-sheet analogy, she explains that every family includes both contributors and individuals who may create financial burdens. The key is identifying those dynamics without allowing them to derail long-term wealth planning. [Lavashia D...(Podcast) | Txt]
Takeaway: Successful family wealth planning requires honest assessment of family dynamics.
4. Wealth Management Is More Than Investments
Davis differentiates her firm's approach from traditional investment-focused advisory services.
Her firm begins with:
Family and wealth governance
Legal structures
Estate planning
Tax planning
Business succession planning
Preparing future generations to inherit wealth
Investments are addressed after these foundational elements are in place. [Lavashia D...(Podcast) | Txt]
Takeaway: Investments should support a broader wealth strategy, not drive it.
5. "Your Family Is a Business"
One of Davis's most memorable concepts is that families should think of themselves as enterprises.
She advises clients to separate their “wealth business” from their personal household and to create structures that can survive beyond their lifetime. [Lavashia D...(Podcast) | Txt]
Takeaway: Families should operate with the same intentionality that successful businesses use.
6. First-Generation Wealth Creates Unique Challenges
Davis specializes in serving people who are the first high earners or successful entrepreneurs within their families.
She notes that these individuals often face challenges that previous generations never had to navigate, including:
Sudden financial complexity
Family expectations
Tax planning
Asset protection
Wealth transfer decisions [Lavashia D...(Podcast) | Txt]
Takeaway: New wealth requires new skills and specialized guidance.
7. There Are Four Forms of Capital
Davis identifies four sources of capital:
Human Capital – people, family, relationships
Intellectual Capital – knowledge and expertise
Social Capital – networks and connections
Financial Capital – money and assets
She argues that most families focus only on financial capital while neglecting the others. [Lavashia D...(Podcast) | Txt]
Takeaway: Wealth is broader than money.
8. Asset Protection Is Essential
Davis warns that unprotected assets can disappear quickly due to lawsuits, business failures, creditor claims, or debt obligations.
She emphasizes the importance of proper ownership structures, legal entities, and asset protection strategies. [Lavashia D...(Podcast) | Txt]
Takeaway: Wealth must be protected as carefully as it is created.
9. Different Advisors Serve Different Stages of Wealth
When McDonald asks how people should evaluate their current financial advisor, Davis provides a thoughtful perspective:
An advisor who helped someone build their first million dollars may not be the right advisor to help them grow to ten million dollars. Increased wealth often brings more complexity and a need for broader expertise. [Lavashia D...(Podcast) | Txt]
Takeaway: Financial advisory needs evolve as wealth grows.
Notable Quotes On Family and Legacy
"Your family is your God-given team, not your liability." [Lavashia D...(Podcast) | Txt]
On Wealth Planning
"When you say that you want to build something that's long lasting or you want to create a legacy for children, there's a blueprint that needs to be followed." [Lavashia D...(Podcast) | Txt]
On Family Dynamics
"Your family even has a balance sheet when it comes to assets and liabilities." [Lavashia D...(Podcast) | Txt]
On Financial Complexity
"My particular mission is the first-generation families who want to make an exponential difference in their families." [Lavashia D...(Podcast) | Txt]
On Her Approach
"We don't begin with investments. We begin by stabilizing and creating a way that you really want to operate your wealth business." [Lavashia D...(Podcast) | Txt]
On Family Wealth
"Your family and your finances are definitely a business." [Lavashia D...(Podcast) | Txt]
On Wealth Building
"Your family is in the business of growing the value of your last name. Period." [Lavashia D...(Podcast) | Txt]
On Capital
"The four sources of capital are human capital, intellectual capital, social capital, and financial capital." [Lavashia D...(Podcast) | Txt]
On Asset Protection
"The wealth you build can be taken if it's not protected." [Lavashia D...(Podcast) | Txt]
On Advisor Selection
"The advisor that may have gotten you to your first million... may not be the advisor that can get you to ten million." [Lavashia D...(Podcast) | Txt]
Overall Message
Lavashia Davis's core message is that wealth is not simply about earning or investing money—it is about building systems, structures, and family alignment that allow wealth to endure across generations. By treating the family as an asset, activating multiple forms of capital, protecting assets legally, and planning intentionally, families can transform income into legacy. #SHMS #BEST #STRAW
Support the show: https://www.steveharveyfm.com/
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Listen and subscribe to Money Making Conversations on iHeartRadio, Apple Podcasts, Spotify, www.moneymakingconversations.com/subscribe/ or wherever you listen to podcasts. New Money Making Conversations episodes drop daily. I want to alert you, so you don’t miss out on expert analysis and insider perspectives from my guests who provide tips that can help you uplift the community, improve your financial planning, motivation, or advice on how to be a successful entrepreneur. Keep winning!
Two-time Emmy and Three-time NAACP Image Award-winning, television Executive Producer Rushion McDonald interviewed Ashley M. Fox.
Summary of the Interview
In this episode of Money Making Conversations Masterclass, Rushion McDonald interviews Ashley M. Fox—former Wall Street analyst, Howard University alum, financial educator, and founder/CEO of Emplify, a fintech platform focused on making wealth‑building accessible to everyday people.
Ashley shares her journey from working with ultra‑high‑net‑worth clients on Wall Street to becoming an entrepreneur determined to bring financial education and empowerment to communities traditionally excluded from wealth conversations. She discusses the creation of Amplify, her financial fall and recovery, her work in schools and prison systems, and how digital content has allowed her to scale her mission globally.
The discussion emphasizes mindset, self‑belief, access, and a practical path to wealth, even starting with as little as $20.
Purpose of the Interview
The interview aims to:
1. Inspire financial empowerment
Ashley explains how anyone—regardless of background or starting point—can begin building wealth and shift generational outcomes.
2. Demystify investing and wealth-building
She breaks down how simple investing can be, the power of small consistent contributions, and how wealth isn’t limited to entrepreneurs or high earners.
3. Highlight her fintech platform Emplify
She shares how Amplify democratizes financial education through online tools, community, and accessible investing classes.
4. Encourage a mindset shift
Ashley stresses the importance of eliminating fear, building confidence, and using logic instead of emotion when making financial decisions.
Key Takeaways 1. Wealth Begins with Belief and Mindset
Ashley learned on Wall Street that the biggest difference between wealthy and non-wealthy people is not education—it's self-belief. Many people don’t believe wealth is possible for them because they've never seen it.
2. You Don’t Need a Lot of Money to Start Investing
She urges people to start with $20, even buying fractional shares. It’s consistency—not starting amount—that builds wealth.
3. You Can Invest in Others’ Ideas—Not Just Your Own
Building wealth doesn’t require launching a business. Buying stock is one of the easiest ways to participate in wealth creation.
4. Ashley’s Own Journey Included Failure
After leaving Wall Street, she was evicted, slept on her parents’ couch for two years, and maxed out credit cards. Her purpose kept her going.
5. Financial Education Should Start Early
She developed financial education programs for schools, prison systems, and everyday families because adults often learn too late.
6. Emplify Scales Wealth Education
Her platform offers 300+ hours of videos and tools, helping members open 3,000+ investment accounts and invest $7.4M collectively.
7. Social Media Is Her Biggest Access Point
Ashley reaches millions by being authentic, relatable, and consistent—meeting people where they are.
8. You Must Pay Yourself First
Most people pay bills, companies, and creditors before investing in themselves. She emphasizes reversing that pattern.
9. Logic Over Emotion
Wealth requires logical decision‑making, especially in the market. Emotional reactions undermine long-term financial growth.
Notable Quotes (Taken From the Transcript) On Wealth Mindset
“When you think and know and believe you have the power to create wealth and you deserve wealth, you move a different way.”
“There is no president that can build the wealth that you can create for your family.”
On Starting Small
“You don't have to have a lot of money to start. You just have to have the will to begin.”
“A whole lot of $20 can get you to a million—as long as you don’t stop.”
On Investing
“Consider the companies you give your money to and own them, because they are a lot cheaper than you think.”
“If I’m helping you build a billion‑dollar business by using your products, I deserve a piece of the pie.”
On Self-Reliance
“You pay everybody… the bartender, the mortgage company—and you’re the one without money. Who’s going to worry about you?”
On Purpose and Identity
“My story never changed. The mission was always dedicated to the people I didn’t see coming into that building on Wall Street.”
“Emplify is the movement. It just has my DNA.”
#SHMS #STRAW #BEST
Support the show: https://www.steveharveyfm.com/
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Listen and subscribe to Money Making Conversations on iHeartRadio, Apple Podcasts, Spotify, www.moneymakingconversations.com/subscribe/ or wherever you listen to podcasts. New Money Making Conversations episodes drop daily. I want to alert you, so you don’t miss out on expert analysis and insider perspectives from my guests who provide tips that can help you uplift the community, improve your financial planning, motivation, or advice on how to be a successful entrepreneur. Keep winning!
Two-time Emmy and Three-time NAACP Image Award-winning, television Executive Producer Rushion McDonald interviewed Damon Haley
Co‑founder of Glow and Flow Beauty, discussing his transition from entertainment and sports marketing into the beauty-supply industry, his mission to elevate service for Black and Brown communities, and the franchising model he is rolling out nationwide. Hosted by Rushion McDonald on Money Making Conversations Masterclass, the conversation highlights Haley’s business philosophy, community-driven approach, and long-term vision to create ownership opportunities through franchising.
🎯 Purpose of the Interview
The interview aims to:
1. Highlight Damon Haley’s entrepreneurial journey
How he moved from high-level event production and marketing (Nike, Pepsi, Coke) into beauty retail.
2. Explain why the beauty-supply industry needs Black ownership
Haley outlines the disconnect between Black consumer spending and the lack of Black-owned beauty-supply stores.
3. Promote Glow and Flow Beauty’s mission
A service-first retail model designed to uplift, educate, and serve Black and Brown consumers with dignity.
4. Introduce Glow and Flow’s franchising opportunity
Haley frames franchising as a path for individuals to enter business ownership with support and a proven model.
5. Inspire listeners to embrace change and pursue entrepreneurship
He shares personal experiences overcoming naysayers and trusting his instincts.
📌 Key Takeaways from the Interview 1. The Beauty Industry Is a Huge, Under-Owned Space for Black Entrepreneurs
Black consumers spend heavily on beauty, but historically have not owned the supply-chain or retail footprint.
Haley wants to change that by bringing ownership and pride back to local communities.
2. Glow and Flow Beauty Focuses on Service, Experience, and Community
The stores celebrate culture (Breast Cancer Month, Black History Month, Hispanic Heritage Month).
Customer care is central—Haley emphasizes smiles, water for coughing customers, and creating “fabulousness.”
3. Franchising Eliminates the “Start From Zero” Problem
Haley believes franchising is more accessible than starting independently because: You get a proven model.
You get supply-chain support.
You avoid costly mistakes.

4. Hair Is the Cornerstone of the Business
Glow and Flow launched its own synthetic hair brand, SLAY (with 3 Ys).
Synthetic hair dominates due to affordability.
Human hair is sourced from Asia, Africa, and Southeast Asia.
5. Inventory & Capital Are Major Barriers to Entry
Beauty supply requires heavy up‑front inventory investment.
Glow and Flow stays heavily stocked to maintain customer trust.
6. Data + Marketing Experience = Competitive Advantage
Haley leverages his corporate marketing background (Nike, Foot Locker) to optimize retail presentation, customer experience, and product mix.
7. His Long-Term Vision: 40 Stores Nationwide
His exit strategy is to build 40 Glow and Flow stores (McDonald jokes he’d smile at 100).
8. E-commerce and Community Outreach Expand Their Reach
GlowAndFlowBeauty.com sells products and SLAY hair online, with shipping and local pickup.
Stores support community fundraisers by including materials in shoppers’ bags (up to 5,000 per month).
💬 Notable Quotes (From the Transcript) On the power of beauty in the community
“When we look good, we feel good. When we feel good, we be good, we do good.”
On why Black beauty ownership matters
“We’re buyers… we’re consumers… we just don’t own.”
On moving into the beauty industry
“We’ve had the short end of the stick — not only from recycling our Black dollars, but the concept of service.”
On franchising
“You don’t start from zero with a franchise… you have a corporation behind you.”
On entrepreneurship and criticism
“There’s jealous, envy, and naysayers… but I’ve never been fearful of change.”
On customer service
“I try to give you other stuff… I give you a smile… if you cough, I’m gonna give you some water.”
On the importance of hair
“Hair is the cornerstone of our beauty industry.”
On long-term ambitions
“I would love to have maybe 40 Glow and Flows nationwide.”
#SHMS #BEST #STRAW
Support the show: https://www.steveharveyfm.com/
See omnystudio.com/listener for privacy information.

Listen and subscribe to Money Making Conversations on iHeartRadio, Apple Podcasts, Spotify, www.moneymakingconversations.com/subscribe/ or wherever you listen to podcasts. New Money Making Conversations episodes drop daily. I want to alert you, so you don’t miss out on expert analysis and insider perspectives from my guests who provide tips that can help you uplift the community, improve your financial planning, motivation, or advice on how to be a successful entrepreneur. Keep winning!
Two-time Emmy and Three-time NAACP Image Award-winning, television Executive Producer Rushion McDonald interviewed Charles Cofield.
Thanks! The transcript from this episode of Money Making Conversations Masterclass features an inspiring and high-energy interview with CPA and financial educator Carter Cofield, co-founder of Melanin Money. Here's a breakdown of the key highlights and takeaways:
🔑 Key Themes & Takeaways 1. Melanin Money: A Mission-Driven Firm
Co-founded by Carter Cofield and a financial advisor friend to serve the Black community.
Focuses on helping business owners save on taxes and invest wisely.
Aims to close the wealth gap and promote financial independence.
2. Authenticity as a Brand
Carter left corporate America after being told to hide his success and identity (e.g., facial hair, tattoos, car).
Built his brand by being unapologetically himself—fun, energetic, and passionate about financial literacy.
His authenticity has helped him connect with a wide audience and become a standout in a traditionally “boring” industry.
3. Personal Tragedy & Financial Awakening
Lost both parents by age 16.
Used grief as motivation to excel academically and professionally.
Learned the importance of financial literacy after receiving only $5,000 from a $25,000 life insurance policy following his father’s death.
4. Financial Literacy & Health
Believes “health is wealth and wealth is health.”
Poor financial decisions often lead to poor health decisions (e.g., fast food due to affordability).
Financial stress can directly impact physical and mental well-being.
5. Melanin Money Awards
Annual event in Atlanta (July 18–20) celebrating Black wealth and financial milestones.
Awards given for reaching net worth goals ($100K, $500K, $1M, $10M).
Designed to make wealth-building visible and celebrated in the Black community.
6. Generational Wealth: Redefined
Not just about leaving money to your kids.
True generational wealth means your money lasts for multiple generations.
Involves setting up trusts, investments, and financial education for future heirs.
7. Free Weekly Financial Classes
Carter hosts free money classes every Wednesday at 7 PM ET.
Accessible via his Instagram: @cofield_advisors
💬 Notable Quotes
“Fear is Finally Exiting Average Reality.”
“It’s okay to sleep in late when your money woke up early.”
“The scariest thing is getting to the end of your life and realizing you never truly lived.”
#SHMS #STRAW #BEST
Support the show: https://www.steveharveyfm.com/
See omnystudio.com/listener for privacy information.

Listen and subscribe to Money Making Conversations on iHeartRadio, Apple Podcasts, Spotify, www.moneymakingconversations.com/subscribe/ or wherever you listen to podcasts. New Money Making Conversations episodes drop daily. I want to alert you, so you don’t miss out on expert analysis and insider perspectives from my guests who provide tips that can help you uplift the community, improve your financial planning, motivation, or advice on how to be a successful entrepreneur. Keep winning!
Two-time Emmy and Three-time NAACP Image Award-winning, television Executive Producer Rushion McDonald interviewed Mela Lovett
CEO of Family Lawn Services, a residential and commercial landscaping company.
Also a serial entrepreneur, mortgage lender, and business consultant.
Based in Georgia, with a mission to build generational wealth and educate others on business structure.
💼 Entrepreneurial Journey
Mela and her husband left retail management jobs (Walgreens & Walmart) to start their lawn care business.
Inspired by her husband’s childhood experience cutting grass and a desire to leave a legacy for their children.
Despite early setbacks—including having their truck and equipment stolen—they persevered and rebuilt.
🧘🏽‍♀️ Mental Health & Meditation
Mela emphasizes the importance of meditation to manage stress and maintain balance.
Her journey through postpartum depression led her to self-reflection, journaling, and healing.
She encourages others, especially entrepreneurs, to recognize their breaking points and prioritize mental wellness.

🌱 About Family Lawn Services
Offers lawn maintenance, hedge trimming, edging, and more.
Known for high-quality work and attention to detail.
Operates year-round—not just seasonally—thanks to strong referrals and consistent service.

🛠️ Lessons in Business
Mela stresses the importance of:
Multiple streams of income
Proper business structure
Quality over shortcuts
Resilience in the face of adversity
She also warns against hiring unverified service providers (like the infamous “mailbox note” landscaper story shared by Rushion).

📞 How to Contact Family Lawn Services
Phone: 800-460-9158
Website: familylawnservices.com

💬 Key Takeaways
Entrepreneurship is a journey of faith, flexibility, and fortitude.
Mental health is just as important as financial health.
Quality service and community trust are the foundation of long-term success.
Even when everything is taken from you, don’t quit—rebuild and keep going.
#SHMS #STRAW #BEST
Support the show: https://www.steveharveyfm.com/
See omnystudio.com/listener for privacy information.