
This Six-Figure Entrepreneur Encourages Women To Invest In Themselves & Their Dreams

Money Talksis an xoNecole series where we talk candidly to real women about how they spend money, their relationship with money, and how they get it.
As we are out here getting to these coins, I want to ask you all something really quick. If you could write down the first idea that pops into your head, how much is it worth to you? And I am not talking about how much money you THINK people would pay for your idea. But how much money do you honestly believe your idea is worth right now? I ask this because a lot of times, as creatives, when we are coming up with ideas, we struggle with being confident in knowing how valuable they are. Now, no idea is too big or too small. But, with so many possibilities in the world with how you make a statement, it can get a little cloudy with believing that your idea can stand out among the rest.
I believe the trick is to not focus on how much faith you have in other people to buy in, but to focus on having faith in yourself. Do you believe in yourself? Do you believe your idea is valuable because you are valuable? You should always be confident in your capabilities first to really push forward your ideas/dreams. Your ideas are an extension of you, so they will always be pretty expensive. It doesn't matter how you came up with the idea or if you feel it has been done before. When you take a chance on your idea and stay determined to see it through, you are taking a chance on yourself. Every time.
This mindset is something I learned from six-figure entrepreneur Afenya Montgomery. Last year in 2020, I was able to attend an event at a coworking space where I connected with other women who were pursuing different businesses in different industries. It was so amazing listening to all their stories, especially the host, Afenya Montgomery. When we met, I knew we would stay in touch instantly. Now one year later, Afenya reminded me of how important investing in yourself is when it comes to entrepreneurship.
"I'm the kind of investor where I invest in myself and my ideas to watch them grow and flourish. I had this idea and I had to see it through. Nobody wants to look back years later and think, 'I should have done this or that.' I felt like if I was going to bet on anything, I was going to bet on myself. Always remember, when you are putting real money behind an idea, don't be in the talking stage or dating the idea. You have to be married to it."
Courtesy of Afenya Montgomery
Afenya Montgomery, born and raised on the south side of Chicago, started her professional career in the nursing field. Afenya was able to obtain her Master of Nursing degree and an MBA with a focus in executive leadership. In the year of 2017, Afenya felt that it was time for her to pivot. During that time, she started meeting up with her friends at local coffee shops and noticed that there was a lack of resources for people of color in entrepreneurship. That is all it took for Afenya to come up with an idea to help change that problem. Afenya mentions, "The idea began to form that it would be great to create a network of people that could act as accountability partners, potential business collaborators and resources for each other. Our first event was a panel discussion in June 2017 titled, 'Leveraging Your Network to Create Impact,' and we haven't looked back since."
Afenya is now the founder of The iCAN Collective. The iCAN Collective was founded on the pillars of Innovation, Collaboration, Accountability and Network. The iCAN Collective strives to give women a space to build a foundation of collaboration, authentic connections, and support as they blaze new trails on the path of entrepreneurship or in their careers. This company is a collaborative coworking space for women of color entrepreneurs, creatives, and game-changers, where it offers memberships, exclusive events, networking opportunities, and brand packages. Afenya wants to be a resource for creative entrepreneurs and celebrate them for going after their dreams.
When you chase your dreams and execute them no matter what, nobody can tell you nothing.
In this installment of "Money Talks", xoNecole spoke with Afenya Montgomery about how trusting your gut, being strategic, and building your business at your own pace are the keys to creating financial freedom.
xoNecole: How much money do you make in a year? A month?
Afenya: I usually make mid-six figures with my company in a year. My revenue breaks down to making around $15-20K a month.
What do you define as “wealth” vs “success”?
Success for me means you are setting goals for yourself and getting them accomplished. You create these milestones for yourself and they can be small or big. Either way, you are getting them done. As far as wealth, wealth to me is being able to have certain things you want in your life, but more importantly, leaving something behind for your children and building that legacy.
What’s the lowest you’ve ever felt when it comes to your finances?
The lowest point for me was back before I was in nursing school. It was during the Great Recession and I got laid off. At the time, I was a newlywed, I had just bought a house, and I was about to have a baby. So that was when I started to look at money differently. I realized you can't only depend on a job. You need other ways in order to sustain money. I didn't think about entrepreneurship at that time honestly, so what I did was, I started a blog about my journey. Then, I looked at what I was passionate about, what careers aligned with that, and thought about how I can have more control over my money.
How important is investing to you?
I have always been interested in investing and how I can save money better. Even before my company, I would open money marketing accounts and make sure I was smart about utilizing what I had for the things I needed at the time. When it comes to investing, I think it is really important to know which type of investments are right for you. Because let's be real, it is not easy investing thousands of dollars or 500 dollars into something that you want([laughs). I'm the kind of investor where I invest in myself and my ideas to watch them grow and flourish. But it is important to have a diverse portfolio and that you are married to this investment/idea.
When it comes to structuring your business, what are your streams of revenue and how did you go about establishing them?
Prior to having a physical space, The iCAN Collective was about creating workshops and networking events/opportunities for women of color interested in entrepreneurship. I found myself having these events in different spaces and figured why not create a space that was permanent. From there, I wanted to provide different things that a lot of spaces do not offer. So with this space, we provide membership, a coworking atmosphere, host events or intimate gatherings, and we offer brand packages. It's important to have something that is unique and stands out from the rest.
What are some unhealthy habits about money or some unhealthy mindsets about money that you had to let go of to truly prosper?
The first thing I had to change was this mindset about money as if it will never come. My brother would tell me these affirmations stating, "Money is always free-flowing. I am abundant. Money will come my way, etc." Affirming to myself that money is always around me shifted my scarcity mindset. I think a lot of us think about money with this mindset and we cannot continue thinking, 'If I spend this amount or I go after this goal, I will never have money again.'
"Affirming to myself that money is always around me shifted my scarcity mindset. I think a lot of us think about money with this mindset and we cannot continue thinking, 'If I spend this amount or I go after this goal, I will never have money again.'"
Courtesy of Afenya Montgomery
What keeps you motivated?
If you are passionate about something, then build the strategy behind what you want to do. I have heard people say that when it comes to business, do not go after your passion. But why passion is important to me is because that is honestly what keeps me going. If I don't have any interest or drive to be in that space, then I can't innovate in that space. Entrepreneurship is not one of those things where you're going to get a check just for showing up. You have to be really good at what you do and also have passion for it to see it flourish.
What is the most important lesson you’ve learned through being a businessowner?
It is important to be flexible and roll with the punches when you're an entrepreneur. But more importantly, my main lesson has been trusting your gut and trusting God. If God gave you an idea/mission, it is already protected by Him. I always tell people that I never wanted to be an entrepreneur. It was more of a God-given assignment and I have faith in what I am creating to be aligned with my purpose.
What was it like learning to expand your business from one city to multiple cities?
We are looking to expand The iCAN Collective to New York, which is funny because I actually wanted to move to New York when I was 18 years old (laughs). I am so in love with the vibe of New York and I also have family who live there. What I learned about creating a space in a new city is to always poll your people. It is really important to build relationships with the people in the community. I try to look at it through the lens of what I can I bring to this space to support the community the best way I can? I ask myself, what is the main need and what can I provide?
Was it easy to become a well-respected businesswoman in your respective industry or did it take time?
In the beginning, I was letting people know 'ya'll better put some respect on my name' (laughs). The thing about Chicago is that we are known to be a little cliquish. So it is not that I didn't know people in the industry, they just didn't know me. I won't lie, navigating through the industry was hard. I would go to a bunch of events, hand out my business cards, and network, network, network. But as time goes on, you realize that it is not about everyone knowing who you are, it is about the right people knowing who you are. You want to know the people who can speak your name in rooms that matter.
"As time goes on, you realize that it is not about everyone knowing who you are, it is about the right people knowing who you are. You want to know the people who can speak your name in rooms that matter."
Courtesy of Afenya Montgomery
What’s the best advice that you’ve received about finance during your first year of entrepreneurship?
The best advice I think that helped me during my first year is to build slowly. There is this misconception where you see people starting their businesses and everything is happening so fast, so you feel you have to catch up in a sense. But you really have to look at your strategy for your business, intentionally, in order to scale. Another really good piece of advice I received is that, a lot of people talk about an individual having multiple streams of income. But I don't think we talk enough about businesses having multiple streams of income. I have learned that it really helps to diversify what you provide in your business. If you are trying to be a million-dollar business, make sure that every move you make feeds that desire.
To learn more about Afenya, you can follow her on instagram @afenyabsn. You can also check out her business website here.
Featured image courtesy of Afenya Montgomery
Laterras R. Whitfield On What He Wants In A 'Future Wifey' & Redefining Masculinity
In this week's episode of the xoMAN podcast, host Kiara Walker chopped it up with Laterras R. Whitfield, host of the Dear Future Wifey podcast, for a raw and revealing conversation about personal growth, faith, and the search for love in a way that resonates.
Laterras Whitfield Believes Men Should Pursue, Not Persuade
“Let me know you exist, and I’ll do the rest”
Whitfield is a big advocate of a man’s role in going confidently for the woman he wants. “Men should pursue, not persuade, and women should present, not pursue,” he said. He’s open to meeting women on social media but isn’t a fan of bold approaches. “Don’t shoot your shot at me. … Let me know you exist, and I’ll do the rest.”
His ideal woman?
“She has to be a woman of God… I judge a woman by how her friends see her… and most importantly, how she treats my kids.”
Infidelity, Redemption, and the Power of Self-Control
“Being disciplined is the most beautiful thing you can offer”
Once unfaithful in his previous marriage, Whitfield has since transformed his perspective on masculinity. “Being disciplined is the most beautiful thing you can offer. That’s what true masculinity is to me now.” He has also committed to abstinence, choosing self-control as a defining trait of manhood.
Whitfield’s journey is one of redemption, purpose, and faith—something that speaks to women who value emotional intelligence, accountability, and the power of transformation.
Rewriting the Narrative Around Black Masculinity
What masculinity, legacy, and healing mean to Whitfield today
“My dad taught me what not to be [as a man] and my mom taught me what she needed [in a man],” Whitfield said. While his father wasn’t abusive, he wasn’t emotionally or affectionately present. “Since I didn’t see it, I never got it either… I would look at my dad and say, ‘I want to be a better father.’ ”
Adoption had always been on his spirit, influenced by TV shows like Different Strokes and Punky Brewster. This mindset led him to take in his nephew as his son after a powerful dream confirmed what he already felt in his heart.
Want more real talk from xoMAN? Catch the full audio episodes every Tuesday on Spotify and Apple Podcasts, and don’t miss the full video drops every Wednesday on YouTube. Hit follow, subscribe, and stay tapped in.
Featured image by xoNecole/YouTube
Secret Lovers: 10 Women Tell Me Why They Just Can't Seem To Let Their Sneaky Link Go
A few days ago, I was talking to someone who is younger than I am yet has a very old mind when it comes to music (and true music appreciation) about which 90s year had the best R&B (don’t attempt this conversation at home unless you really know what you are talking about, by the way).
Although I have a deep affinity for 1995 (thanks to songs like Groove Theory’s “Tell Me”, Faith Evans’s “Soon As I Get Home”, D’Angelo’s “Lady”, Jon B’s “Someone to Love” and LL Cool J’s “Hey Lover” whether the LP or single dropped that year — don’t play with me — LOL), my friend brought up a valid point about 1997: “Nice & Slow” (Usher), “Butta Love” (Next), "All the Things (Your Man Won't Do)" (Joe), “I Gotta Be” (Jagged Edge) and a song that gets a special shout-out in this piece all came out that year.
What Is a Sneaky Link?
Xscape’s “My Little Secret” gets a true honorable mention here because, when it comes to the topic of sneaky links, it damn near could be the theme song. And I say that because, as pretty much all of us know, a sneaky link is a hook-up and/or romantic relationship that is kept on the extreme low.
Why? There are a billion reasons — today, though, I’m going to share 10. And because I agree with what a wise man once said when he stated that once more than one person knows a particular secret, it ceases to be one, this time, I’m not even using middle names. Nah, I’m going to define these ladies and their “sneaky link stories” another way since they were nice enough to share with the world what their hook-up hush-hush is…and why it happens to be that way for them.
Push play to the Xscape song and dive in.
10 Women Share Their Sneaky Link Stories
1. “Married to One Man. Sprung on Another.” 42.
“I’m going to sound like a hypocrite here but sometimes we go through things to help other people — and if you are going through something with your husband, never forget that you aren’t ‘single’ until you are divorced. Back when my husband and I were having some serious issues, we separated for almost a year and barely even spoke beyond bills. I met a man then who was the best sex that I ever had in my entire life. I didn’t expect my husband and myself to consider reconciling but we’re in counseling now — and I am still sleeping with the other guy. I wish I could tell you that I have intentions of stopping but I can’t.
"One reason is because the sex really is just that good and I didn’t realize how much I had been missing out on. Another reason is because I’m not sure if my husband and I are getting back together; we seem to have the same issues over and over. I do regret being in a commitment with one man and totally strung out on another. I don’t recommend it. It will keep you up at night — one way or another, girl.”
“Broke Up with My Ex. Except Sexually.” 37.
“My semi-toxic confession is my ex and I don’t get along anywhere else BUT the bedroom. In there? You would think that we were soulmates for life! It’s passionate and nasty and lasts for hours — I’m not exaggerating! The wildest thing about it is, we’ve been having sex, off and on now, since college.
"Even when I’m seeing someone or he’s seeing someone, we find a way to have sex. It would be a lot worse if we lived in the same city but we don’t. All these years later, we still try to see each other 4-7 times a year — pretty much once a season and then for a real long weekend or even a week in the summer if we can pull it off…and I don’t see it ending any time soon.”
3. “I Lost My Virginity Two Years Ago. Only ‘He’ Knows It, Though.” 25.
“My virginity is kind of my ‘brand’. I didn’t mean for that to happen but virgins kind of stick out like a sore thumb these days and since I never kept it a secret — my family, my church and even my friends see me as a Black Mother Teresa. That’s why I haven’t told anyone that I lost my virginity a little over two years ago and I’m still sleeping with that person. It’s not just a ‘sex thing’ but I choose to keep our relationship private because if people knew that I’ve been seeing someone for a long time, either they are going to pressure me into marriage or start asking if I’m a virgin still. Keeping it all a secret just makes my life easier.”
4. “I Shouldn’t Be Sleeping with My Boss…BUT…” 38.
“I’m sleeping with my boss, so it goes without saying why it’s a secret. Let me explain how it happened: When we first started having sex, we both had the same position. We used to joke at our desks and then meet up for drinks after work. One night, we had dinner and probably too much to drink and that led to us getting a hotel room. Girl, that man. About six months later, he got a promotion and since neither of us wanted to stop having sex with each other…we haven’t. A part of the thrill is the sex. Another part is sneaking around. I think that’s what lures most people into having a sneaky link, if you ask me.”
5. “My Friends Have Been Trying to Set Me Up for Years…” 46.
“I am a very private person; I always have been. There is no one in my life who knows how many people I’ve been with and the partners who they assume about, I’ve never shared any sexual details. My last serious relationship ended when I was about 41 and my friends have been trying to set me up ever since because they don’t want me to be ‘lonely’ or ‘dry.’ Little do they know, I am neither! I’ve been having sex with a friend of mine since the break-up and I don’t see it ending any time soon — mostly because he thinks the same way that I do. Ladies, if you don’t want a relationship, find a monogamous sex partner. It’s one of the best things that has ever happened to me!”
6. “Folks Think I’m Abstinent…but I’m Not.” 26.
“I made the announcement three years ago that I was going to take a break from sex — and I did…for about 14 months. I’ve been having sex ever since but I haven’t let anyone know that. It hasn’t been just one guy either. I have a ‘steady two’ because they both are good at different things. It’s not like I’m lying about it or anything. Whenever the subject of me and having sex come up, folks say something like, ‘She’s abstinent, she doesn’t count’ — and I just don’t correct them. Private sex is the best sex. I should’ve learned that lesson a long time ago.”
7. “If It’s Mostly Head, Does That Count?” 44.
“My sneaky link situation is a little odd…I guess. It’s a guy who I had sex with a few years ago. The sex was okay but, GIRL, his head game?!
"It’s kind of funny that he feels the same way about me and so, we do have sex sometimes but we mostly meet up for oral purposes. It’s like an addiction at this point because we try to link up no less than a few times a month. It doesn’t matter what else we have going on, we’re going to get that head in. And no, no one knows about it. I don’t see why they ever should.”
8. “My Friend’s Ex Has Been My Next…” 27.
“Shellie, you’d better not say my name. I’m not playing! Yes, I have been having sex with a friend’s ex — but it’s not an ex-husband or fiancé; it’s someone from many years ago and that’s all I’m going to say about that because I don’t want anyone to piece it together. And before anyone reading about this starts, she actually knows — she’s the only one who does, though. She’s married now and couldn’t care less. She said that the sex was her deal-breaker with him and I think the sex is amazing. You know what they say about one man’s junk…”
9. “No Matter What, It Always Comes Back to Him…in the Bedroom.” 33.
“I would think we all get that when a woman says that a man has some good d-ck, she’s not just talking about his penis. The insane thing about my sneaky link is he’s the smallest I’ve been with and still the best sex that I’ve had in my entire life! He takes his time, his dirty talk game is on-point, his stamina is crazy and he’s a master at getting that thing right back up. We started having sex five years ago, been dating for three and have been still gettin’ that thing in since because no man knows me like he does. Keeping it private isn’t behind a scandal or anything. I just think that adds to the allure of it all.”
10. “Why Is My Sex Life ANY of Your Business?” 40.
“’Sneaky link’. That’s cute. These kids. I never saw it as ‘sneaking’ so much as ‘Why is my sex life anyone’s damn business?’ I guess when you’re in a relationship, people assume that you’re sexually active. For me, a lot of the men I’ve dated, I’ve never had sex with them and some of the people you’d least expect, we have sexual history. So, based on that, I technically have a sneaky link. You never see us out but we spend plenty of quality time together. It’s a sexy secret. I like it that way.”
___
Oh, sneaky links. As someone who has had my fair share of ‘em back in the day, they definitely aren’t a monolith — as you can very well see.
My advice? Secrets are seductive — there is no doubt about that. You’re grown, so just make sure that your why overrides the risks involved. Because a secret exposed can be a secret that costs.
Be safe. Be realistic. Be careful. Rinse and repeat.
If you’re gonna be sneaky, be smart. Amen? Exactly.
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