"How a Heart-Centered Relationship to Money Generates Wealth and Abundance for All" with Timothy Allsopp
Update: 2021-04-28
Description
Timothy Allsopp is a financial planner and advisor with his company Legacy of Harvest, which provides holistic, multi-disciplinary solutions for families and business owners to create multi-generation legacies of wealth and impact. Legacy of Harvest transforms uncertainty into legacy and obstacles into opportunity. Timothy has a long history of mentoring and supporting black businesses and entrepreneurs, including providing a relationship to money that overwrites the internalized cultural limitations that prevent these businesspeople from accumulating wealth.
Takeaways from this episode:
- Many relationships between Financial planners and clients are limited by a “scarcity mentality” around wealth.
- There is an enormous difference between making money and accumulating wealth. The former can result in living “payday to payday” while the latter allows for generational security, opportunity and transformation
- Narrowing the wealth gap between Blacks and Whites requires changing not only opportunities but the mind set of survival and scarcity.
- Timothy was mentored by a middle aged white southern man who changed his life. No one could understand what they had in common and how they could work together,
- When we drop our assumptions and preconceptions about race we open he door to unimaginable possibilities in relationship and of abundance.
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