John Hope Bryant of Operation HOPE on Good Debt vs Bad Debt, Financial Literacy, and Capitalism

By The Black Effect and iHeartPodcasts

Black Tech Green Money

18/06/24·42m 50s

Ep. 170 John Hope Bryant is an entrepreneur, author, and philanthropist, best known for his work in economic empowerment and financial literacy. He is the founder, chairman, and CEO of Operation HOPE, Inc., a nonprofit organization providing financial literacy and economic education to underserved communities. Bryant has been a vocal advocate for financial inclusion and has worked tirelessly to uplift communities through initiatives aimed at improving credit scores, increasing homeownership, and fostering entrepreneurship.

In this episode of Black Tech Green Money, Bryant talks with AfroTech's Will Lucas about the nature of money, describing it as a "coward" that seeks safety and high returns. He emphasizes the importance of building relationship capital and the value of strategic partnerships. Bryant also discusses the misconceptions around debt, explaining the difference between good and bad debt, and highlights the importance of financial literacy as a new civil rights issue. He encourages listeners to think beyond making money to building wealth through investments in education, relationships, and smart financial strategies. The conversation underscores the need for a comprehensive business plan and the significance of creating scalable businesses to foster long-term economic growth in the Black community.