The Rich Black Doc Podcast

If you are a new doc, still single, and determined to get out of debt, this episode will truly inspire you!. . . .Dr. Caroline graduated with $250,000 in total student loans. She was able to pay everything off in 4 years with a starting salary of less than six figures and started building a 7-figure wealth portfolio in real estate and the stock market. Coming from Haiti where credit, student loans, investing in the stock market were not a thing in the 80s and early 90s, she had to learn all about credit cards and investing pretty late. She teaches physicians, dentists, pharmacists how to have similar results.Dr. Clerisme's motto is "One income is way too close to 0. Never rely on one income. Talk openly about money. "Connect with Dr. Caroline Clerisme @doctorsoutofdebt on Instagram, FB and LinkedIn!Let's connect! InstagramFacebookYoutubewww.richblackdoc.comDownload the Rich Black Doc app for more! For iPhone For Android

We often hear about the strategy of having different passive sources of income. But in this episode, Dr. Joke Alesh highlights why she also makes sure she has different active sources of income from different employers as a dentist. Dr. Joke Alesh is a Nigerian-American from Rhode Island. She is a dentist, entrepreneur, and mother with interests in systemization and providing solutions for underserved populations. She is focused on increasing cash flow through ownership of her own businesses and shares a valuable perspective that will empower your financial freedom journey.Connect with Dr. Joke AleshIG  @doctoralesh doctoralesh@gmail.comLet's connect! InstagramFacebookYoutubewww.richblackdoc.comDownload the Rich Black Doc app for more! For iPhone For Android

In this episode, we highlight a few clips from the LIVE masterclass session with Larry D. West III who discussed Common Tax Filing Misconceptions and MistakesEssentials to Managing Active and Passive IncomesStrategies to Increase Your Income and Decrease Your Taxes To learn about and join future LIVE Masterclass sessions, be sure to follow Rich Black Doc and subscribe to receive email notifications.About Our GuestLarry D. West III, founder of Precision Business Strategies, helps real estate investors and business owners develop timely and accurate financial insights to make better business decisions. Combining his deep technical expertise in tax and accounting strategy, with an uncanny ability to communicate even the most complex concepts into simple terms, Larry has established a history of consistently saving his clients' money every year.Through his 3nsight™ workshops and Tax Free Cash Flow webcast, Larry has taught thousands of individuals and small business owners how to properly structure their business, improve cashflow, reduce taxes, and save thousands of dollars.To connect with Larry:Email: larry@pb-strategies.comFB www.facebook.com/larrydwestiii3IG www.instagram.com/larrydwestiiiLinkedIn www.linkedin.com/larrydwestiiiTwitter www.twitter.com/larrydwestiii

The sooner we begin thinking about financial freedom, the sooner we begin to identify ways to make it happen. Dr. Aldwin Soumare is an example of that and, in this interview, he shares how he combined his hard work, mindset, and strategies to begin investing to create the financial freedom that will him to serve on his own terms.  Dr. Aldwin is a Neurology first-year resident in the Northeast who is currently the co-host of the Melaninwhitecoats Podcast along with the SNMA presents the Lounge podcast. He aspires to change his community through advocacy, transparency, and commitment to the underserved. He recently graduated from PCOM-GA with his Doctor of Osteopathic Medicine and has intentions to develop a real estate empire along with various medically-related business ventures throughout the country.Connect with Dr. Aldwin Soumare:IG: Bronxneuro_do Twitter: EnrichingDOcBX, Podcast: Snma Presents the Lounge PodcastPodcast: Melaninwhitecoats

In this episode, Dr. Jeanne Rolle shares how creating a solution for her need, led to a product wanted by many more people. Dr. Jeanne started and scaled her business all in the midst of the demands of residency. And she is now not only generating additional income that contributes to her financial freedom goals but she is also providing her family a way to meet their financial goals as well. Tune in to hear how Dr. Jeanne did it.Dr. Jeanne Rolle, a graduate of the University of Connecticut School of Medicine, just completed anesthesiology residency in June 2022 at Rutgers New Jersey Medical School. She is currently working as an anesthesiologist in New Jersey while continuing to manage Pretty Doc Scrubs, the satin-lined scrub cap business she started during residency.Connect with Dr. Jeanne Rolle on Instagram  @theprettydoc  and visit her shop at  https://theprettydoc.com/

This episode is an excerpt from our first Masterclass session! Masterclasses are intended for interviews with guests who might not be health care providers but are professionals whose fields and expertise provide insight that will be valuable to our financial freedom journeys.Considering the overwhelming amount we have and the ongoing debates about forgiveness, it was only right that we begin with a discussion of debt. Don Daniel is the Founder and CEO of The PILL Method International. The PILL Method was first developed in 2006 with a singular goal of revealing to everyone the devastating effects of the amortized loan. Its app makes it possible to pay off all of your debt including mortgage loans, student loans, auto loans, and credit cards in an average of 8 to 10 years. Yes, ALL of your debt, in 8-10 years!Tune in to hear clips of our discussion with Don Daniel. If you want to hear the entire interview or join us LIVE for upcoming Masterclass sessions, visit richblackdoc.com to subscribe to our newsletter and receive notifications and access to upcoming LIVE sessions!Connect with Don DanielVisit and subscribe to Rich Black Doc at www.richblackdoc.com Follow us on Instagram, Facebook, and Youtube for more clips and announcements.

If someone told you it was not realistic to thrive as an entrepreneur in more than one industry or that taking a break from your career to do so was crazy, Dr. Tatum's journey will prove otherwise! Tune in to hear how Dr. Tatum found the courage to pursue various passions outside of her career and create multiple streams of income instead of sticking to the traditional path taken by most.Dr. Tatum Miles is a first-generation general dentist born and raised on the west side of Detroit, MI. She discovered her passion for dentistry when she was only 9 years old; from that moment on she set plans in motion to make that dream come to reality. With natural-born hustle, family support, and most importantly God's timing,  she earned her doctor of dental surgery degree in 2017.  Beyond dentistry, Dr. Miles had a knack for problem-solving and helping people in whatever capacity. Although dentistry was her first love, she realized that she had more to give in other realms. When the pandemic hit in 2020,  she began to explore life beyond teeth. She began her journey in serial entrepreneurship which changed her entire perspective on wealth, life, and true freedom. A new fire ignited and now she encourages other medical and non-medical professionals to create the life that they desire no matter what that looks like. It's okay to pivot and redirect because people evolve and that is the joy of life!To connect with Dr. Tatum Miles:Personal: Milestat89@gmail.comBusiness: Drmiles@yourbrightersmile.comPersonal IG: @thepivotqueen Business IG: @Brightersmilepllc Website: www.yourbrightersmile.com

In this episode of the Rich Black Doc Podcast, Dr. Chiagoze shares how she began investing with little money of her own during residency, grew her portfolio of long-term rentals, then recently added short-term rentals.Dr. Chiagozie Fawole is a pediatric anesthesiologist and founder of the SavvyDocs in Real Estate. She got started investing during residency and grew her portfolio using traditional and creative financing. She pivoted to STRs last year, and now helps other doctors get started generating meaningful income from STRs.Connect with Dr. Chiagozechiagozie@savvydoctors.co www.savvydoctors.co pwrcon2022.comIf you are a current or future black doctor seeking to achieve the financial freedom that will allow you to serve on your own terms, enjoy a fulfilling life and create a powerful legacy, visit richblackdoc.com to join the platform and access a community and resources that will be helpful to your journey.

If you're still not sure if you can take advantage of the strategic, game-changing investment of house hacking, this episode might give you the confidence you need. Tune in to hear how Adrian Beyde, MD, bought a house before starting med school so that he could hack it during med school.Dr. Beyde is an emergency medicine resident at the University of Cincinnati. He did his undergrad at Oakwood University and then obtained his medical degree and master's degree while at the Mayo Clinic in Minnesota. He is passionate about health policy, healthcare delivery models, and entrepreneurship. He is always looking for new creative ways to earn more money while also creating more time for the people and things he loves.Connect with us!Instagram: @richblackdocYoutube: @richblackdocwww.richblackdoc.com

Season 2 of the Rich Black Doc Podcast is finally here! Tune in to hear what's in store!

It's been quite a journey and I have honestly almost given up. And you might be feeling the same way or fearing that you will feel the same way. But please trust me when I say we cannot give up! We cannot give up on our passions, callings, goals, and freedom to fulfill them all! I have had to pivot -- a few times -- and you can too! Tune in for a recap and an announcement on where this journey is taking us next!

We often hear people say to start by taking the first step and know that you will see the next steps as you keep moving forward. I have definitely experienced the truth in that! And I am also learning how, in real estate especially, making that first or next step a strategic one can make seeing or reaching the next steps a lot easier.Tune in to hear how some of the investment strategies and mindsets we have been discussing can be big game-changing steps in our journeys to financial freedom!Connect with Me!IG: @drclaudiepascalYoutube: Rich Black Doc

Nowadays, short-term rentals are a popular topic in the discussion of pursuing financial freedom. Airbnb and short-term rental owners in general have been enjoying some serious profit and the numbers of our Airbnbs definitely attest to that. It's one of the best strategies we added to our house hacking move and it's an investment you might be considering as well. But is it really practical for us busy working or training doctors? Does the profitability outweigh the challenges and “extra” work? In this episode, I share a few pointers from my experience of managing  Airbnbs while working as a dentist and assistant professor with some help from my hubby who is in residency/medical school.My hope is that you'll get some insight to help you if starting an Airbnb/STR is best for you, your circumstances, and financial freedom goals.Connect with Me!IG: @drclaudiepascalYoutube: Rich Black Doc

So many people make being a landlord seem so bad that it might make you think twice about investing in rental income sources. In this episode, I share things I definitely want you to think twice about. And a lot of it might actually help you realize how strategically being a landlord earning income towards your financial freedom might not be as bad as you think.Connect with Me!IG: @drclaudiepascalYoutube: Rich Black Doc

In this episode, we talk about some of the basic things you want to keep in mind as you prepare to buy a home as your first investment in the powerful world of real estate and take advantage of the strategy of house hacking as well. This will benefit anyone who is considering homeownership and especially be helpful to those of us who are doing this for the very time and want to be as prepared as possible to succeed because we do not have time or money to waste.Get ready to take some more strategic steps towards the time and money freedom you want!Connect with Me!IG: @drclaudiepascalYoutube: Rich Black Doc

Whether you are a young doctor, resident, or even a student doctor, I am confident this might be the most affordable and strategic investment you make to kick off your journey to financial freedom! It has been a pillar of generational wealth for years, serves an essential need, and is more affordable and practical than you might think.My husband and I were getting ready for residency and graduating from Dental School, respectively, when we made this investment. And has been working for us as it has been working for counltess others for years.Why aren't more of us doing this?! Tune in for a strategy you must consider if you have not already!Connect with Me!IG: @drclaudiepascalYoutube: Rich Black Doc

Do you feel like you are not ready to pursue financial freedom because you do not know "enough"? I get it. I was there not too long ago and can now confidently tell you that you do not have to know it all or have it all before you take the first step to pursue financial freedom. And I am especially confident that the sooner you start [taking specific steps towards financial freedom], the better.In this episode, I share the steps you should take to make sure you are making the best use of your time and money as you pursue financial freedom.Connect with Me!IG: @drclaudiepascalYoutube: The Rich Black Doc

When it comes to investing, should we pay off debt first and fast or slow and last? This is a question that might cause you to pause and wonder if and how you should begin your financial freedom journey. And the truth is, there is no right or wrong way to answer it.  In this episode, I share:- my husband's and my debt load- how we decided whether or not to pay off debt first or invest- ways you can decide which route is best for youConnect with Me!IG: @drclaudiepascalYoutube: The Rich Black Doc

When it comes to our lifestyles we have our personal non-negotiables that pursuing financial freedom may sometimes seem to threaten – prime example: living our best lives NOW. Our definitions of our “best life” vary but I believe our ultimate goal of being able to live it forevermore is the same.In this episode (also on Youtube), I talk aboutthe definitions of financial freedomthe basic principles of pursuing financial freedom and how misunderstanding them can cause us to miss outwhy our personal definition of financial freedom is all that matters as we decide what our journey to financial freedom look likeConnect with Me!IG: @drclaudiepascalYoutube: The Rich Black Doc

I began pursuing financial freedom before even beginning my career and an expected experience in 2021 confirmed that doing so was one of the best decisions I made.In this episode, I will share the desires and beliefs that led me to the idea of financial freedomthe first major investment I made with my husband in 2019 (before I graduated from dental school and before he started residency)an unexpected turn of events that nearly left me broke(n)why my story is a prime example of why you should consider and pursue financial freedomConnect with Me!IG: @drclaudiepascalYoutube: The Rich Black Doc

As a young Black doctor married to an Oral & Maxillofacial Surgery resident, I understand the struggle of getting to and through graduate school, residency and figuring out how to create a fulfilling work-life dynamic. In this episode, I officially introduce how it is my goal to help us overcome that struggle through this podcast. I am so excited to be starting this journey with you and I look forward to the Rich Black Doc living we will create and enjoy together! Connect with Me!IG: @drclaudiepascalYoutube: The Rich Black Doc