Faith and Business: A faith-driven entrepreneur, and how she works with nonprofits to inspire and educate.

Two-time Emmy and Three-time NAACP Image Award-winning, television Executive Producer Rushion McDonald interviewed Erica Gwyn.

🎙️ Interview Summary: Erica Gwyn on Money Making Conversations Masterclass Purpose of the Interview

To spotlight Erica Gwyn’s journey as a faith-driven entrepreneur, her work with nonprofits through her company Nonprofit Guru LLC, and her educational initiatives including Seven Oaks Academy Montessori. The interview aims to inspire listeners by sharing Erica’s story of resilience, leadership, and community impact, while offering practical advice for nonprofit founders and small business owners.

🧭 Interview Outline 1. Introduction

Host Rushion McDonald introduces the show and its mission to inspire and educate entrepreneurs.
Erica Gwyn is welcomed as the founder and CEO of Nonprofit Guru LLC and Seven Oaks Academy Montessori.

2. Background & Career Journey

Erica shares her early experiences, including working with Spelman College and Habitat for Humanity.
She discusses her expertise in grant writing and nonprofit management.

3. Nonprofit Guru LLC

Origin of the name “Nonprofit Guru” from her cousin, an attorney.
Focuses on helping nonprofits with fundraising, board development, and strategy.
Works with organizations that have at least \$300,000 in revenue and an existing board.

4. Common Mistakes in Nonprofit Startups

Placing unqualified family members on boards.
Lack of understanding of board responsibilities, especially fundraising.
Over-reliance on grants without diversifying funding sources.

5. Board Development Advice

Ideal board size: 5–7 members to avoid deadlocks.
Seek members with legal, accounting, program design, and volunteer coordination expertise.
Importance of board training programs like United Way’s VIP program.

6. Faith-Driven Entrepreneurship

Erica shares her personal story of becoming a single mother at 19 and losing her child’s father.
Her journey of healing through service and community involvement.

7. Seven Oaks Academy Montessori

Purchased an existing preschool and transformed it into a boutique Montessori school.
Focus on cradle-to-pre-K education with plans to expand after-school and summer programs.
Offers unique features: professional chef, small class sizes, diverse staff, on-site therapy, and classroom cameras for parental viewing.

8. Summer Camp & Educational Expansion

Originated from a math and science summer camp inspired by her son Cameron.
Plans to revive the camp and expand educational offerings.
Emphasis on creating a cradle-to-college pipeline for students.

9. Marketing & Branding

Erica acknowledges the need to improve her visibility and branding.
Encouraged by Rushion to relaunch her website and promote her services more actively.

💡 Key Takeaways

Authenticity & Expertise Matter: Erica’s credibility stems from her hands-on experience and passion for nonprofit work.
Board Composition is Crucial: A well-trained, committed board is essential for nonprofit success.
Diversify Funding Sources: Don’t rely solely on grants—explore individual giving, estate planning, and in-kind donations.
Faith & Purpose Drive Success: Erica’s personal challenges fueled her commitment to community service and entrepreneurship.
Education is Empowerment: Her Montessori school and summer camps aim to provide foundational learning and long-term academic success.
Marketing is Essential: Visibility and branding are key to expanding impact and reaching the right audience.

🗣️ Notable Quotes

“You’re a nonprofit guru—you know nonprofits in your sleep.”
“Your board’s primary job is to be a fundraiser.”
“I’m a faith-driven entrepreneur. I walk in my purpose and that is a gift.”
“Community means accepting and respecting people and organizations working together in an ecosystem.”
“I started giving back to others, and I loved it. I’ve never known how to turn it off.”
“You have a glow about you… you are a superpower.”

#SHMS #STRAW #BEST

Support the show: https://www.steveharveyfm.com/

See omnystudio.com/listener for privacy information.

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Two-time Emmy and Three-time NAACP Image Award-winning, television Executive Producer Rushion McDonald interviewed Mowbray and Cherina Rowand. 🎙️ Interview Summary: Mowbray & Cherina Rowand Purpose of the Interview To showcase the entrepreneurial journey of Mowbray and Cherina Rowand, co-founders of The Rowand Group and One Stop Taxes, the largest Black-owned virtual tax preparation service in America. The interview highlights their business evolution, scaling strategies, community impact, and the creation of the Black Tax Festival. 🧭 Interview Outline 1. Background & Origins Both from Memphis, Tennessee; met in high school. Started tax preparation in 2010 as a mom-and-pop operation. Transitioned from brick-and-mortar to virtual model by 2015. 2. Business Philosophy Entrepreneurship is defined as service to others. Mowbray is the visionary; Cherina is the implementer. Emphasis on scaling with structure: legal, accounting, HR. 3. One Stop Taxes Grew from a single office to over 1,000 virtual franchise locations. Offers free training, no startup costs, and shared revenue model. Built a platform allowing clients to submit documents and sign remotely. 4. Virtual Tax Model Designed for convenience and accessibility. Clients and tax preparers never need to meet in person. Platform includes document upload, e-signature, and cloud storage. 5. Franchise & Training Learning Management System (LMS) for onboarding. Training includes tax prep, customer acquisition, and platform use. Strategic partnerships with local businesses (e.g., dealerships, daycares). 6. Black Tax Festival Annual event held in Atlanta (Oct 16–18). Combines networking, education, and recognition. Includes IRS updates, business workshops, and the Titan Awards. Open to all entrepreneurs, not just tax professionals. 7. Expansion & Diversification Own restaurants in Memphis and the Dominican Republic. Franchised Fat Tuesday and Esco Restaurant (did \$1M in first 6 weeks). Own a yacht for rental experiences in the DR. Plans to develop a restaurant strip near FedExForum in Memphis. 💡 Key Takeaways Vision + Execution = Growth: Their complementary roles fuel business success. Virtual is Scalable: Transitioning to virtual allowed exponential growth. Community Impact Matters: Black Tax Festival fosters education and recognition. Diversification is Strategic: Restaurants and real estate expand their brand. Mentorship & Learning: They study successful entrepreneurs like Tilman Fertitta. Faith & Family Drive: Their journey is rooted in love, planning, and purpose. 🗣️ Notable Quotes “Entrepreneurship means being a servant to other people.” “The same thing that works at \$1M doesn’t work at \$15M.” “We had to fire ourselves from some jobs and hire professionals.” “We built a platform where you can do taxes from your couch.” “We started before social media—we know belly-to-belly marketing.” “Recognition matters—people don’t get it at home or work.” “We’re trying to bridge the wealth gap through proper paperwork.” “We bought a yacht in the Dominican Republic to rent for experiences.” #SHMS #STRAW #BESTSupport the show: https://www.steveharveyfm.com/See omnystudio.com/listener for privacy information.

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