Kimbro believes it’s courage not cash that is key to wealth

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Hoping to revolutionize how African-Americans view wealth, Kimbro is on a crusade to convert those who struggle with believing they can attain wealth. He brings that crusade to the Dallas Fort Worth area June 19-22. One way to change that mindset is get people to stop thinking about wealth simply as income. He explains that “Money follows people who respect it and who will use it the right way.” He firmly believes that once the African-American community is better informed, the community will start making better choices. Kimbro notes, “If you know better, you can do better. If the average African-American knew the current data surrounding the financial condition of his or her race, it would cause him to shudder.“

According to Kimbro’s research, Black America is either in last place or next to last place when it comes to indicators that lead to financial success. These include credit worthiness, employment, home ownership, education, marriage and family stability, and savings. “And, as WEB Du Bois stated in The Negro in Business written in 1899, ‘The man or woman who won’t control his finances will control little else,’” Kimbro laments. Despite these sobering statistics, Kimbro is hopeful that African-Americans can improve their finances and become wealth builders. He encourages those who want to transform their finances to do the best they can. “If you can’t save 15 percent, do the best you can,” he suggests.

Kimbro’s book discusses nine primary factors that lead to success and wealth building. “After seven years of empirical research, I can unequivocally state that wealth is not a function of circumstance, environment, luck, or the cards you are dealt. Starting with the simple question of “What’s the key to generate a seven-figure income?” Kimbro found that the answer wasn’t just education or hard work but a combination of seven best practices including faith.

One fact that Kimbro learned from the millionaires he interviewed like Tyler Perry and Bishop T.D. Jakes was that a key component to success was a deep rooted religious belief. According to Kimbro, faith encompassed their belief to not be afraid and to not give up. “Faith is a verb and must include action steps,” he notes. Most importantly, Kimbro’s research for the book shows that acquiring wealth was not a matter of chance but a matter of choice. According to Kimbro, “Rich people make money and while the rest of us make excuses.”

(Special to the NNPA from The Dallas Weekly)

 

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