Multiple Streams Of Income Is The Name Of The Game For These Celeb Turned Entrepreneurs
Snowball Wealth says, "By spreading your risk across different income streams, you also set yourself up to be able to take advantage of great opportunities when they arise." It makes perfect sense because when one fails, you have the others to fall back on. This isn't anything new to us because we love a good side hustle. Like all things, it's about being more intentional. Be it buying power or financial stability, make clear goals and decisions that will only get you closer to economic freedom. One of the best ways to add more streams of income is by diversifying your streams. Kirby Porter calls it the "beauty of re-invention."
When I look at the trajectory of Elaine Welteroth, Rihanna, and Issa Rae I remember the beauty in re-invention. \n\nWhere we start in our careers & passions is not the limit, it's a stepping stone in a story to something larger if we allow ourselves to evolve.— Kirby Porter \u26a1\ufe0f (@Kirby Porter \u26a1\ufe0f) 1628460513
Lucky for us, we have some role models that have shown us the power of monetizing our passions, no matter what they are. Ahead, you'll find celebs who are living proof that there are various ways to create your own wealth. Their successful money moves have earned them their rightful place on this list.
Rihanna Net Worth: $1.7B
Kevin Mazur/Getty Images for Fenty Beauty
Our girl Rihanna is now a billionaire and no one is more than deserving of that title. Yes, we all want an album from her, but we also can't help but support every venture she takes on. The way she dominates every arena she steps in is simply inspiring. Forbes estimates Robyn Rihanna Fenty is the wealthiest female musician in the world with the majority of her wealth deriving from her inclusive beauty line, Fenty Beauty.
Some other streams of income:
- Savage X Fenty, lingerie clothing brand
- Fenty Skin, skincare line that acts as an extension of Fenty Beauty
- Fenty Maison, a luxury clothing brand
- Fenty Parfum, her newly released sold-out fragrance
- The Rihanna Book
Issa Rae Net Worth: $4M
Lee Vuitton/AM PR Group via Getty Images
On- and off-screen, Issa Rae is the poster child for creating your own table. The once YouTube star became a media mogul in a little over a decade by staying true to herself and creating work that moves our culture forward. Rae's cult-favorite HBO show Insecurehas garnered her a loyal following. So watching her lay the groundwork for her next level is everything a creative needs.
That groundwork includes:
- ColorCreative TV, production company
- The Misadventures of an Awkward Black Girl, New York Times bestseller non-fiction book
- Hilltop Coffee & Kitchen; Rae partnered with the coffee shop to open multiple locations
- Raedio, music label with Atlantic Records
- Executive Producer Deal with Netflix
- Sienna Naturals, co-owner of haircare brand
Serena Williams Net Worth: $210M
Bryan Bedder/Getty Images for IMG
Did you know that Serena Williams has over 15 corporate partners? Her $94 million in career prize money is twice as much as any other female athlete has made. That's according to Forbes, who also says that the tennis star has invested in over 50 startups over the past seven years.
When she's not reigning supreme on the court, she is:
- sitting on the boards of Poshmark and SurveyMonkey
- investing in the non-fungible tokens (NFT) platform, Bitski
- signing a first-look TV deal with Amazon Studios that includes a docuseries about her life
- creating products for her clothing line, S by Serena
- sitting pretty as a 0.5% owner of the Miami Dolphins
Not to mention her endorsement deals from Aston Martin to Beats By Dre.
Oprah Winfrey Net Worth: $2.7B
David Livingston/Getty Images
When your work ethic is so strong that it's been dubbed "The Oprah Effect", you know it's real. Funny enough, Winfrey has been quoted saying, "The reason I've been able to be so financially successful is my focus has never, not for one minute, been money." Who would have known that the woman who used to borrow money from her mom's purse would be the same woman who has nine streams of income?
To name some streams:
- The Oprah Winfrey Show, spanning over 25 years
- Harpo Productions (chief executive of the Oprah Winfrey Network, founder of O, The Oprah Magazine, etc)
- Actress & voice actor
- Producer of hit series and films, Queen Sugar, Greenleaf, The Immortal Life of Henrietta Lacks and Oprah's Master Class
- Weight Watchers investor
- Author of books like The Wisdom of Sundays and What I Know For Sure
- Freelance journalist
Beyonce Net Worth: $440M
Brad Barket/Getty Images for TIDAL
"I have paid my dues and followed every rule for decades, so now I can break the rules that need to be broken," Beyonce recently shared in Harper's Bazaar's Icon issue. She is the epitome of a self-made woman and a living icon. We love watching her pave the way for new talent in the most authentic way. It's definitely the quality for us because she gives 200% to everything attached to her name. This child of Destiny is a global brand from music sales, publishing, touring, and endorsements.
We can't forget her other accomplishments:
- Founder of Parkwood Entertainment, management, and entertainment company
- Owner of IVY PARK, an athleisure clothing line with Adidas
- Netflix deal worth $60 million
- Recently sold her stake in TIDAL streaming service
Alicia Keys Net Worth: $150M
Alicia Keys is a superwoman. She is also a proud businesswoman. In an interview with PINK, she says, "Business is about trial and error. There's no foolproof [business] plan and whatever you end up doing, you need to be passionate about. It's not about getting rich overnight, but about your belief in it and your passion – that's the way amazing things happen." Keys also believes that as an artist and a person that has been in business for a lot of years, going outside of her main business of music, helps her discover her creative potential as an entrepreneur.
Some ways she's exploring that potential include:
- AK Worldwide, an investment firm
- Partnership with Bento Interactive, "The Journals of Mama Lee and Lee Lee", an interactive storytelling app for kids that features her original, exclusive tracks
- Co-creator of Keys Soulcare, a beauty and wellness brand
Queen Latifah Net Worth: $70M
Aaron J. Thornton/Getty Images
It's no secret that Queen Latifah is a Jackie of All Trades. Since she entered the game, she has made sound money moves. Back in the day, she started investing and never stopped. The multi-hyphenate's first investment was in a delicatessen and a video store located on the first floor of the building where she lived. We have enjoyed watching the queen transition from hip-hop to television to the big screen.
Queen Latifah's Resume:
- Co-owner of Flavor Unit Entertainment, a firm that includes television and film production units, a record label, and an artist management company
- Partnership with CoverGirl, The Queen Collection
- Partial owner in New York Spring Water, the manufacturer of VBlast vitamin-fortified water
- Author, Put on Your Crown: Life-Changing Moments on the Path to Queendom
- Queen By Queen Latifah Eau-de-parfume
Featured image by Lee Vuitton/AM PR Group via Getty Images
Joce Blake is a womanist who loves fashion, Beyonce and Hot Cheetos. The sophistiratchet enthusiast is based in Brooklyn, NY but has southern belle roots as she was born and raised in Memphis, TN. Keep up with her on Instagram @joce_blake and on Twitter @SaraJessicaBee.
Chief Mom Officer: 23 Quotes From Working Moms Finding Their Balance
The truth is, Black moms create magic every single day. Whether we're juggling motherhood with a busy 9-5, a thriving business, or staying at home to run a household, no day is short of amazing when you're managing life as a mommy. This Mother's Day, xoNecole is giving flowers to CMOs (Chief Mom Officers) in business who exemplify the strength it takes to balance work with motherhood.
We've commissioned these ladies, who are pillars in their respective industries, for tidbits of advice to get you through the best and worst days of mothering. Here, they share their "secret sauce" and advice for other moms trying to find their rhythm.
Emmelie De La Cruz, Chief Strategist at One Day CMO
"My mom friends and I all laugh and agree: Motherhood is the ghettoest thing you will ever do. It's beautiful and hard all at the same time, but one day you will wake up and feel like 'I got this' and you will get the hang of it. After 4 months, I finally felt like I found my footing to keep my kid and myself alive, but it took vulnerability to take off the cape and be honest about the areas that I didn't have it all together. The healing (physically and emotionally) truly does happen in community - whatever and whoever that looks like for you."
Alizè V. Garcia, Director Of Social & Community Impact at Nike
"I would tell a new mom or a prospective mother that they must give themselves grace, understand and remember there is no right way to do this thing and have fun! When I had my daughter three and a half years ago, I was petrified! I truly had no clue about what to do and how I was going to do it. But with time, my confidence grew and I realized quickly that I have all the tools I need to be the mother I want to be."
Nikki Osei-Barrett, Publicist + Co-Founder of The Momference
"There's no balance. I'm dropping sh*t everywhere! However, my secret sauce is pursuing interests and hobbies outside of what's required of me and finding time to workout. Stronger body equals = stronger mind."
Lauren Grove, Chief Experience Architect, The Grant Access, LLC
"I try to give myself grace. That’s my mantra for this phase of motherhood…grace. I won’t be able to get everything done. To have a spotless house. To not lose my cool after an exhausting day. Those things can’t happen all of the time. But I can take a deep breath and know tomorrow is another day and my blessings are more plentiful than my pitfalls."
Rachel Nicks, Founder & CEO of Birth Queen
"You have the answers within you. Don’t compare yourself to others. Curate your life to work for you. Ask for help."
Tanisha Colon-Bibb, Founder + CEO Rebelle Agency + Rebelle Management
"I know love doesn't pay bills but when I am overwhelmed with work or client demands I take a moment to play with my baby and be reminded of the love, energy, science, and Godliness that went into his birth. I am brightened by his smile and laugh. I remember I am someone's parent and not just a work horse. That at the end of the day everything will work out for the good of my sanity and the love within my life."
Christina Brown, Founder of LoveBrownSugar & BabyBrownSugar
"Learning your rhythm as a mom takes time and can be uncomfortable when you’re in a season of overwhelm. Constantly check in with yourself and assess what’s working and what’s not. Get the help you need without feeling guilty or ashamed of needing it."
Mecca Tartt, Executive Director of Startup Runway Foundation
"I want to be the best for myself, my husband, children and company. However, the reality is you can have it all but not at the same time. My secret sauce is outsourcing and realizing that it’s okay to have help in order for me to perform at the highest level."
Jen Hayes Lee, Head Of Marketing at The Bump (The Knot Worldwide)
"My secret sauce is being direct and honest with everyone around me about what I need to be successful in all of my various "jobs". Setting boundaries is one thing, but if you're the only one who knows they exist, your partners at home and on the job can't help you maintain them. I also talk to my kids like adults and let them know why mommy needs to go to this conference or get this massage...they need to build an appreciation for my needs too!"
Whitney Gayle-Benta, Chief Music Officer JKBX
"What helps me push through each day is the motivation to continue by thinking about my son. All my efforts, though exhausting, are to create a wonderful life for him."
Ezinne Okoro, Global Chief Inclusion, Equity, & Diversity Officer at Wunderman Thompson,
"The advice I received that I’ll pass on is, you will continue to figure it out and find your rhythm as your child grows into new stages. Trust your nurturing intuition, parent on your terms, and listen to your child."
Jovian Zayne, CEO of The OnPurpose Movement
"I live by the personal mantra: 'You can’t be your best self by yourself.' My life feels more balanced when I offer the help I can give and ask for the help I need. This might mean outsourcing housecleaning for my home, or hiring additional project management support for my business."
Simona Noce Wright, Co-Founder of District Motherhued and The Momference
"Each season of motherhood (depending on age, grade, workload) requires a different rhythm. With that said, be open to learning, to change, and understand that what worked for one season may not work the other...and that's okay."
Janaye Ingram, Director of Community Partner Programs and Engagement at Airbnb
"My daughter's smile and sweet spirit help me to feel gratitude when I'm overwhelmed. I want her to see a woman who doesn't quit when things get hard."
Codie Elaine Oliver, CEO & Founder of Black Love
"I try to listen to my body and simply take a break. With 3 kids and a business with 10+ team members, I often feel overwhelmed. I remind myself that I deserve grace for everything I'm juggling, I take a walk or have a snack or even head home to see my kids, and then I get back to whatever I need to get done."
Jewel Burks Solomon, Managing Partner at Collab Capital
"Get comfortable with the word ‘no’. Be very clear about your non-negotiables and communicate them to those around you."
Bridget Bogee, Marketing Lead At Meta
"Ask for help and always prioritize making time for you."
Julee Wilson, Executive Director at BeautyUnited and Beauty Editor-at-Large at Cosmopolitan
"Understand you can’t do it alone — and that’s ok. Relinquish the need to control everything. Create a village and lean on them."
Salwa Benyaich, Director Of Pricing and Planning at Premion
"Most days I really try to shut my computer off by 6 pm; there are always exceptions of course when it comes to big deals or larger projects but having this as a baseline allows me to be much more present with my kids. I love the fact that I can either help with homework or be the designated driver to at least one afterschool activity. Work can be draining but there is nothing more emotionally draining than when you feel as though you are missing out on moments with your kids."
Brooke Ellis, Head of Global Marketing & Product Launches at Amazon Music
My calendar, prayer, pilates class at Forma, a good playlist, and oatmilk lattes all help get me through any day.
Courtney Beauzile, Global Director of Client and Business Development at Shearman & Sterling
My husband is a partner who steps in when I just can’t. My mom and my MIL come through whenever and however I need. My kids have many uncles and aunts and they will lend an ear, go over homework, teach life lessons, be a presence or a prayer warrior depending on the day.
Robin Snipes, Chief of Staff at Meta
"Enjoy the time you have to yourself because once kids come those times will be few and far between."
Monique Bivens, CEO & Founder at Brazilian Babes LLC.
"For new moms, it is very important that you get back into a habit or routine of something you use to do before you were pregnant. Consider the actives and things that give you the most joy and make the time to do them."
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What Is 'Vaginal Laxity' And How Can You Effectively Treat It?
If you’re either not yet (roughly) in your 40s or you’ve never given birth to a child, let me just tell you that something that’s probably coming your way that you probably never gave much thought to is some form of vaginal laxity.
Although I’ve been able to avoid it until, eh, the last several months or so, now that it likes to show up and out on occasion, I have definitely made it my purpose and mission to figure out how to get it under some level of control — not because I take issue with aging (I don’t); it’s just that, sneezing too hard and feeling a drip or two has never been a part of my life, so why start now, chile.
Yeah, vaginal laxity isn’t really something that a lot of women are running to the water cooler to discuss. Oh, but believe you me, it is something that affects quite a few women (around 40 percent self-report it; others prefer to “suffer” in silence).
So, just so you won’t find yourself freakin’ out or feeling some form of shame or embarrassment should it even come knocking on your own door (uh, so to speak), let’s take out a few moments to discuss what vaginal laxity is and how you can (relatively) easily treat it — even from the comfort and convenience of your own home.
What Exactly Is Vaginal Laxity All About?Giphy
Even though we all pretty much use the word “vagina” to address our entire genitalia, that’s not actually what it is. Technically, your vagina is a tube that connects your vulva (the outer part of your vaginal region) to your cervix (the neck of your uterus). Your vagina is how penises can penetrate you, and vaginal births are able to transpire.
As far as the walls of your vagina go, they consist of muscular tissue, mucus membranes, fibrous material, and collagen. Your vagina also has pleats of tissue called vaginal rugae; this is what makes it easier for your vagina to expand, whether it’s during sex or when you’re delivering a baby.
As we age, the potency of our vaginal rugae weakens. That’s because we start to lose estrogen and collagen. And whether it’s due to aging or giving birth, sometimes our vaginal walls can become weaker as well; when that happens, it’s oftentimes referred to as vaginal laxity.
So, what are some of the telltale signs of vaginal laxity (beyond what I just said)? Good question:
- Urinary continence
- Less vaginal lubrication
- Pain/discomfort during intercourse
- Less sensation during intercourse
- More vaginal “air sounds” during sex and/or exercise (because your walls are a bit looser)
- A lower libido altogether
And what if you’re slowly yet surely seeing some of this popping up in your own life? My two cents are to not ignore it because, if it is indeed vaginal laxity, it’s not really something that will just…go away. You will need to book an appointment with your doctor to discuss with them what is going on so that they can test your hormone levels, do a vaginal exam, and (if you do have it) explore some treatable options with you.
Options like what? That is also a good question.
Why Do Some People Treat It with Vaginal Rejuvenation Surgical Procedures?Giphy
Okay, so here’s the deal — if you are indeed “diagnosed” (I put that in quotes because many medical professionals say that vaginal laxity isn’t the easiest thing in the world to actually diagnose), you will need to go through some form of vaginal rejuvenation whether it’s surgical, laser or opting for some DIY approaches. Let’s touch on some of the professional options first.
Vaginoplasty: Although this term is being associated more and more with transwomen, it originally was created to help women to reconstruct their vagina (again, the actual tube) if there was significant damage done following vaginal childbirth.
Laser Vaginal Rejuvenation: This is when lasers are used to strengthen the walls of your vagina. A popular one is FemTouch, although I recently read an article about how the FDA should really take a deeper look into this procedure due to the potential risks that come along with it (like burning your vagina due to the intensity of the laser frequencies).
RF (Radio Frequency) Treatment: This is a skin-tightening procedure that consists of heating up your vaginal walls in order for it to create more collagen, elastin, and skin cells.
Potential risks aside, from what I’ve researched, it was hard to nail down an exact price for any of these. What I can tell you is that you’re easily gonna need a couple of thousand dollars to get the kind of results that you are looking for — and that’s on the low end of things.
What Are Some At-Home Remedies for Vaginal Laxity?Giphy
Listen, I don’t know about y’all, but nothing in me likes the thought of clipping, potentially burning, or draining my bank account if I can at all avoid it. Thankfully, there are some things that you can try at home (at least first) that are safer, cheaper, and that many physicians say are just as effective.
Kegels. If there’s one word that you’ve probably heard a billion times at this point, it’s kegels. They are exercises that help to strengthen your pelvic floor walls, which can definitely help to reduce incontinence and, as a bonus, intensify your orgasms too.
Squats. Usually, when squats are brought up, it’s in the context of creating a rounder butt. However, your vaginal walls can benefit from them as well. That’s because by focusing on strengthening your legs and working out your hips, it tightens your pelvic floor at the same time. So clearly, squats are a win all the way around.
Yoga. Last month, we published the article “5 Postpartum Yoga Poses To Reengage Your Pelvic Floor That Are Better Than Kegels.” I’m thinking that is pretty self-explanatory, although I do believe that it should also go on record that yoga also helps to reduce stress — and since stress can jack up your hormone levels and that can result in vaginal dryness, well…yeah, yoga is definitely something that you should consider getting into if you want your vagina to be “tight and right.” A site by the name of Wellness Travel Diaries even did you a solid by publishing “15 Powerful Yoga On Youtube Classes With Black Teachers.” #givethanks
Phytoestrogens. If your doctor confirmed that your estrogen levels are steadily decreasing, while you can do some form of estrogen therapy (definitely speak with your physician first), there are also foods that are rich in estrogen; they’re called “phytoestrogens” because they are a plant-based form of estrogen. Some phytoestrogens include cashews, garlic, peaches, broccoli, dried fruit, berries, and red wine.
Vitamin C-Enriched Foods. Remember how I said that vaginal laxity can lead to less collagen too? Well, since vitamin C helps to stimulate collagen production, also consume foods that are filled with this particular nutrient. Some that top the list include bell peppers, tomatoes, cabbage, white potatoes, citrus fruits, parsley, and strawberries.
Less Sugar. It really is wild how delicious processed sugar is when intel just keeps on revealing how bad it is for our health (especially when not consumed in extreme moderation). As far as your vagina goes, not only does the bad bacteria in it like to feast on sugar (which can lead to a chronic yeast infection), but it also has the ability to weaken collagen fibers. Yep, that’s why a lot of people see premature fine lines and wrinkles; they’ve been eating too much sugar!
Weight Management. Weight puts added pressure on the body, and your pelvic area is certainly not exempt. One way to avoid doing this to yourself is exercising and staying at a healthy weight. Your vaginal walls will be so much stronger for it.
Plenty of water. Every part of your body needs plenty of fluids; that’s because your body is mostly made up of water (reportedly, somewhere around 60 percent). When it comes to your vagina, specifically, consuming water helps to flush out toxins, reduce dry and itchy vulvar skin and, it can help to keep the natural juices down their flowing so that a lack of lubrication isn’t as much of an issue.
Again, vaginal laxity isn’t something that gets us excited as far as getting older goes — yet now that you know more about it and how to handle it, hopefully, you’ll approach it with grace and ease. Hmph. I know I plan to.
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