DeepSummary
Troy Millings and Rashad Bilal, founders of Earn Your Leisure (EYL), discuss their journey of creating a multimedia business platform focused on financial literacy, entrepreneurship, and business. They met in middle school and later combined their backgrounds as a teacher and financial advisor to start EYL, initially using social media to share financial education. EYL has since grown into a podcast network, events like Invest Fest, an online educational platform called EYL University, and curriculum development for schools.
A key focus of EYL is making financial literacy relatable and entertaining, especially for younger audiences. They aim to demystify concepts like buying a home, investing, credit, and real estate through case studies, pop culture references, and hands-on learning experiences. Their approach resonates with many, as seen in the growing trend of young Black Americans investing.
Looking ahead, Millings and Bilal hope to take EYL's message global and continue bridging the gap in financial education across generations and communities. They see their curriculum being adopted by school districts and plan to keep evolving their content and events to meet the ever-changing needs of their audience.
Key Episodes Takeaways
- Earn Your Leisure (EYL) is a multimedia platform founded by Troy Millings and Rashad Bilal to revolutionize financial literacy through an entertaining and relatable approach.
- EYL's initiatives include a podcast network, events like Invest Fest, an online educational platform called EYL University, and plans for school curricula.
- A key focus is making financial concepts like investing, credit, and real estate accessible and relatable, especially for younger audiences, through case studies, pop culture references, and hands-on learning.
- EYL's approach has resonated with many, contributing to the growing trend of young Black Americans investing in the stock market.
- Looking ahead, EYL aims to take their message global and continue evolving their content and events to meet the ever-changing needs of their audience.
- Building generational wealth through financial literacy and entrepreneurship is a core mission for EYL.
- EYL's success can be attributed to their ability to make financial literacy relatable, entertaining, and accessible to a wide audience.
- EYL plans to partner with school districts to implement their curriculum and fill the gap in financial education.
Top Episodes Quotes
- “Talking about buying a home, that's great, but a lot of people are just trying to buy a car. These are all these things that can generate wealth for your family. But nobody had decoded it or at least explained it in a way that felt transferable to a community.“ by Troy Millings
- “The key to success has definitely been the relatability, has been the democratization of financial literacy and business. That's probably the number one thing.“ by Rashad Bilal
- “If you just make things plain and boring, people will check out. Putting all of those things together and merging pop culture with business, which was the original thesis of earn your leisure, was to blend pop culture with business.“ by Rashad Bilal
- “We want to be the champions of this message, but not in a way where it's incumbent and saying we're going to send our message. No, we want to take what's being done in all these other countries and see how we can incorporate it, how we can build bridges and how we can work together to champion it for everyone.“ by Troy Millings
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Episode Information
The Bid
BlackRock
2/23/24
In honor of Black History month, host Oscar Pulido sits down with the founders of Earn Your Leisure, Troy Millings and Rashad Bilal, to discover how this dynamic duo is revolutionizing the financial literacy landscape. Breaking down the importance of a hands-on learning experience, Troy and Rashad share their journey of transforming financial education through their multimedia business platform making it entertaining and relatable to all.
Sources: “How To Build Black Wealth, Brookings” July 2020; “Black Investors Are the Biggest New Group of Stock Buyers” Wall Street Journal, January 2024; Investor Progress Report 2023, BlackRock
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