S2E4 Social Capital: The Hidden Driver of Wealth And Power With Kerrie Carden
Episode Summary
For many historically underrepresented folks, our goals for influence and financial abundance are deeply rooted in concerns about survival. Kerrie Carden challenges this paradigm, urging us to shift our focus from mere survival to thriving – with the powerful insight that our success is inextricably linked to the success of our communities.
In this eye-opening episode, we dive deep into the world of social capital with Kerrie Carden, the dynamic Founder and CEO of Equip Advisory, a pro-Black, pro-queer, and feminist boutique firm revolutionizing financial planning, career, and business coaching. Kerrie unveils how social connections and influence can be potent catalysts for both personal wealth creation and societal change. She challenges listeners to radically rethink their approach to networking, allyship, and leveraging their platforms for good.
Whether you're a budding entrepreneur, an established leader, or someone passionate about creating meaningful change, this episode offers game-changing insights on harnessing social capital for individual success and collective empowerment. Prepare to be inspired, challenged, and equipped with actionable strategies to amplify your impact and create lasting change.
Guest Bio
About Kerrie Carden
Kerrie is the dynamic Founder and CEO of Equip Advisory, a pro-Black, pro-queer, and feminist boutique firm specializing in financial planning, career and business coaching. Before launching Equip Advisory, she served as the Director of Student Entrepreneurship at Johns Hopkins University, crafting systems and opportunities for budding student entrepreneurs.
Kerrie's multifaceted career also saw her spearhead product development at ClearCompany, a top-tier human resources SaaS firm listed in the Inc. 5000. She has played pivotal roles in the energy sector and has been an advisor to over 50 startups, lending her expertise to drive their success.
A Stanford University alumna, Kerrie pursued her bachelor's in Human Biology, with a keen focus on child and adolescent development. She currently resides in Baltimore, cherishing moments with her wife, their son, and their lively dog, Rusty.
Key Takeaways
Social Capital as Wealth Driver: Understanding that social connections and networks are powerful, often overlooked catalysts for wealth creation and opportunity.
Allyship Is a Verb: Recognizing that being an ally is an action, not just a label, and involves actively using one's position and resources to support others.
Bridging Disparate Worlds: The importance of connecting different communities and using one's position as a conduit for redistributing wealth and power.
Shifting from Survival to Thriving: Encouraging a mindset change from focusing on survival to aiming for collective thriving, especially for historically underrepresented groups.
Multiplying Impact: Learning how to leverage personal success and resources to create ripple effects that benefit wider communities and drive systemic change.
Memorable Quotes
"We'd like to talk about money with wealth. We do not talk about social capital. And that is one of the biggest hidden drivers of wealth you can imagine."
"When I look at venture capital and you look at where the money goes, it’s a friend of a friend of a friend—that's huge."
"How can you use your social capital, your ability to connect these two disparate worlds and possibly use yourself as a conduit for some of that wealth and power."
"I have this vision of reaching an arm out in one area and then having an opposite leg reaching in the other and you're stretching across what feels like a chasm, but in that moment of stretching, you're creating a connection that might not otherwise exist."
Resources Mentioned
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Episode Sponsor
This episode is brought to you by the Amplify Your V.O.I.C.E. Podcast Accelerator program, which helps historically underrepresented leaders take actionable steps to take you from brilliant concept to launching your first podcast season.
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