Sheree Jones, the CEO and founder of Legacy Team Associates, discusses the importance of securing capital before it is needed for small businesses, especially those owned by women in the African diaspora, Caribbean, and African communities. Sheree shares insights on different types of business financing, the importance of establishing both personal and business credit, and provides statistics highlighting the challenges faced by Black-owned businesses. She also emphasizes the necessity of a funding plan, an exit strategy, and strategic partnerships. The episode aims to educate, empower, and inspire entrepreneurs to create generational wealth and close the wealth gap.