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Earn Your Leisure

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Earn Your Leisure
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1417 episodes

  • Earn Your Leisure

    Why Selling Isn’t “Selling Out” | Richelieu Dennis on Essence Fest Fallout & Black Business Issues

    26/03/2026 | 1h 29 mins.
    00:00 Fear of Selling Out
    01:09 Meet Rich Dennis
    04:40 SheaMoisture Origin Story
    06:41 Family Business Rules
    08:33 From Harlem Table to Retail
    12:37 Building the Right Team
    15:00 Impact Supply Chain in Africa
    17:32 Backlash and Exit Strategy
    26:36 Generational Wealth Reality
    30:50 Capital Talent and Competition
    36:53 Grace and Community Support
    44:09 Why Big Brands Get a Pass
    47:39 Economic Pressure Builds
    49:43 Entrepreneurship at Risk
    51:18 Unemployment Gap Explained
    53:07 Capital Over Credentials
    55:41 Losing Cultural Institutions
    58:03 EssenceFest Backlash Lessons
    59:51 Festival Pillars and Vision
    01:03:45 Teyana Taylor Curator Role
    01:04:22 Future of Media and Wealth
    01:08:27 Building Black Business Infrastructure
    01:16:22 Identity Critique Response
    01:19:51 New Orleans Economic Impact
    01:23:11 Why Print Still Matters
    01:25:19 Celebrating Black Women Platforms
    01:27:26 Festival Dates and Closing
    In this episode of Earn Your Leisure, we sit down with Richelieu Dennis to break down his journey from selling products on the streets of Harlem to building SheaMoisture into a billion-dollar company and securing a historic $1.6 billion exit. He shares why building the right team was critical, the realities of working with family, and the key decisions that allowed the business to scale to its full potential.
    We also dive into the backlash he faced after selling the company, addressing the “sellout” criticism and the larger issue of how Black entrepreneurs are judged. Richelieu speaks on investing 10% of revenue into Black women, the importance of unity within the community, and why negative public opinion can slow down economic progress. The conversation also touches on economic instability, unemployment disparities, and whether Black consumers should give more grace to Black-owned businesses.
    Finally, we explore the future of media, ownership, and cultural influence through platforms like Essence Festival of Culture. Richelieu discusses the impact of Essence Fest on New Orleans, addresses past criticism, and shares his vision for the future—including new leadership with Teyana Taylor. We close with gems on generational wealth, building lasting infrastructure, and how to use market volatility as an advantage in today’s economy.
    #EarnYourLeisure #RichelieuDennis #SheaMoisture #EssenceFest #BlackWealth #Entrepreneurship #GenerationalWealth #BlackBusiness #Investing #FinancialFreedom #MarketMondays #BusinessLeadershipSubscribe
    and watch more videos here: https://www.youtube.com/@EarnYourLeisure
    Join the EYL community for deeper training and a more detailed approach:
    https://www.eyluniversity.com
    Join the number one stock club in the world:
    https://www.ianinvest.com
    Invest Fest | August 7-9, 2026
    Grab early bird tickets now: https://www.investfest.com
    See omnystudio.com/listener for privacy information.
  • Earn Your Leisure

    How to Perfect Your Elevator Pitch

    25/03/2026 | 8 mins.
    Welcome back to EYL! In this clip, we are joined by the incredible Ashaala Shanae, who provides invaluable insights on how to perfect your elevator pitch. Whether you're preparing for Invest Fest or any other pitch scenario, this video is packed with actionable advice to help you stand out and make a lasting impression.
    *Key Points Discussed:*
    1. *Clear and Concise Messaging:*
    Rashad Bilal kicks off the conversation by emphasizing the importance of a clear and concise message. Knowing who you are, what you do, who you serve, and what you offer is crucial.
    2. *Identifying the Problem:*
    Rashad explains that understanding the problem you aim to solve is fundamental. Your pitch should highlight the specific issue your product or service addresses.
    3. *Providing the Solution:*
    Beyond identifying the problem, it's vital to clearly articulate the solution your business provides. This includes the methods and vehicles you'll use to solve the issue.
    4. *Market Research and Competitor Analysis:*
    Knowing your market stats and competitors is essential. Investors are likely to ask about the competitive landscape, making this a critical part of your pitch preparation.
    5. *Effective Use of Visual Aids:*
    Visual aids can enhance your pitch if used correctly. Keep them clean and easy to understand, ensuring they support rather than distract from your key points.
    6. *Clear Call to Action:*
    Rashad emphasizes the importance of a clear and realistic call to action. Specify exactly what you're asking for, whether it's funding, partnership, or another form of support.
    7. *Understanding Your Numbers:*
    Know your financials inside out. Be prepared to detail your budget, forecast, and return on investment, as investors will scrutinize these aspects.
    8. *Practice and Preparation:*
    Troy Millings and Rashad discuss the importance of practice. Practice in front of a mirror, with family and friends, and even record yourself to identify areas for improvement.
    9. *Mindfulness and Visualization:*
    Ashaala shares techniques for managing anxiety, including mindfulness exercises and visualization. Walking through your pitch mentally can help build confidence and reduce stress.
    10. *Breathing Techniques:*
    Specific breathing techniques like the 4-7-8 method can help calm nerves and prepare you for the spotlight.
    11. *Arrive Early and Familiarize Yourself with the Venue:*
    Visiting the venue in advance and visualizing your performance in the actual space can significantly reduce anxiety on the day of your pitch.
    12. *Have a Backup Plan:*
    Always have a backup for your visual aids and other electronic materials to avoid last-minute hiccups that can derail your pitch.
    By following these steps and tips, you can create a compelling elevator pitch that captures the attention of investors and judges alike.
    Don't miss out on this jam-packed episode that could be the key to your next successful pitch!
    See omnystudio.com/listener for privacy information.
  • Earn Your Leisure

    Understanding Real Estate Markets: Capitalize on Down Commercial Real Estate Markets

    24/03/2026 | 6 mins.
    Welcome back to another insightful clip of Market Mondays! In this clip, hosts Troy Millings, Ian Dunlap, and Rashad Bilal sit down with veteran real estate mogul Don Peebles to discuss the current state of the commercial real estate market and strategies to thrive during downturns.
    See omnystudio.com/listener for privacy information.
  • Earn Your Leisure

    I Don't Trust Any Jewelers" Here's Why

    23/03/2026 | 10 mins.
    In this thought-provoking clip from "Black Out with Ian & Rashad," Rashad Bilal, Ian Dunlap, dissect the long-held beliefs around diamonds, wealth, and traditions. The conversation kicks off with Rashad Bilal questioning the true value—and marketing scam—behind diamonds, revealing how their perceived worth was crafted through strategic advertising and artificial scarcity over the past century. Ian Dunlap then expands on the idea, pointing out how diamond prices have plummeted in the past decade and highlighting how the story of diamonds as a "girl's best friend" is more marketing myth than real value. Dive deeper as Rashad Bilal uncovers the historical context—that diamonds were never particularly valuable compared to gold or other resources until recent marketing campaigns transformed them into symbolic tokens for engagements and weddings. The conversation takes an engaging turn with a humorous and insightful cultural exchange clip featuring Speed’s visit to an African village. Speed learns firsthand about dowry traditions—where cows, not diamonds, hold significant value in marriage negotiations. Led by African Father and Guide, Speed discovers the negotiation process for a dowry and its deep cultural relevance. The panel unpacks the broader message: value is always contextual. What might seem strange—like paying dowries in cows—holds immense significance and utility in different environments, just as water can be more precious than gold in the desert. Rashad Bilal and Ian Dunlap break down misconceptions around tradition, highlighting the respect and negotiations involved in these customs, including the consent of the bride and the vital role of family discussions. They challenge the audience to rethink how and why society assigns value—to diamonds, cows, and beyond. Prepare to be entertained and educated as the hosts and guests blend humor, real-world economics, cultural education, and personal insights. Whether it’s the artificial diamond market, the reality of dowry negotiations, or the nature of true wealth—this clip will give you plenty to think about. *Key topics covered:*
    The marketing myth behind diamond value
    The history of gold vs. diamond as currency
    Dowry negotiations and tradition in African cultures
    What defines real wealth and value
    The cultural relativity of money, livestock, and luxury
    Insights into global wedding customs
    Don’t miss this unique blend of cultural commentary and sharp financial wisdom! *#Diamonds #Dowry #BlackOutPodcast #CulturalTraditions #Wealth #RashadBilal #IanDunlap #Speed #AfricanFather #Guide #MarriageCustoms #DiamondMyth #FinancialEducation #AfricanCulture #WeddingTraditions*
    See omnystudio.com/listener for privacy information.
  • Earn Your Leisure

    Are College Degrees are a Becoming Worthless?

    22/03/2026 | 10 mins.
    The era of "go to school, get a job" is officially over. With AI looming and 30% of grads facing unemployment, the traditional education system has become a debt-fueled Ponzi scheme.
    Subscribe and watch more videos here: / @earnyourleisure
    Join the EYL community for deeper training and a more detailed approach: https://www.eyluniversity.com
    Join the number one stock club in the world: https://www.ianinvest.com
    Invest Fest | August 7-9, 2026 Grab early bird tickets now: https://www.investfest.com
    See omnystudio.com/listener for privacy information.

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About Earn Your Leisure

Welcome to The Earn Your Leisure Podcast. Rashad Bilal and Troy Millings will be your host. Earn Your Leisure will be giving you behind the scenes financial views into the entertainment and sports industries as well as highlighting back stories of entrepreneurs. We will also be breaking down business models and examining the latest trends in finance. Earn Your Leisure is a college business class mixed with pop culture. We blend the two together for a unique and exciting look into the world of business. Let’s go!! #earnyourleisurepodcast
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