Financial Lessons Learned with Laquita Brooks

For Financial Literacy Month – We are sharing stories and tips for gaining financial knowledge, financial lessons learned early on in your entrepreneurship journey, personal finance tips and savings goal advice.

We have Life Coach and Real Estate Investor Laquita Brooks sharing her story and tips.

It was not easy for Laquita Brooks to get to where she is now. As a teenage mother, she had to learn not to give up when times got tough. Through her hard work, dedication, and perseverance, she came to own her own hair salon. She now owns a FedEx company, a retail fashion boutique, and she works as a real estate investor. Her extensive business experience and knowledge, combined with her humble beginnings, give her the unique ability to connect, empower, and create results. ​ As a Real Estate Investor, Motivational Speaker, and Coach, she transforms lives across the nation by offering simple and direct solutions to some of life’s most challenging problems. Laquita believes that everyone has a story. It’s where you go, not where you come from, that matters most. She inspires women to take the leap and “SHIFT”! Shifting requires three things: giving yourself permission to be great, changing your surroundings, and clarifying your vision. ​ Whether it’s through Laquita’s signature empowerment events like, “The Ultimate Vision Board Party”, “Stop Waiting Do It Now Conference”, “Finish Strong Seminar” or speaking to audiences across the country, “The Motivational Maven” is always ready and willing to help you push past your limitations and step into your greatness. If she can do it, so can you!

What are some of the lessons you have learned early on in your business about finances? 

To keep good records.

What is the name of your business? What type of business is it?

A-1 Property Investors/ Real Estate Investment Company

What does financial stability mean to you?

Having the ability to be able to provide the best education for my children without strain.

What advice would you share about how to raise funds or capital for your business?

Having and maintaining good credit is the key.

What are 2 financial tips you would like to share?

1. Build and maintain good credit

2. Know your numbers when flipping a house

What is your favorite finance or wealth building podcast? Why should readers listen to them?

Bigger pockets

What kind of impact on your business does not having access to funds and other resources?

I’m able to growy portfolio.

Share your top 2 Finance or Wealth Building books and why?

Think and Grow Rich

What savings goals should someone have personally or in their business?

Find ways takeover while you sleep.

What financial obstacles have you overcome and how did you overcome them?

The recession of ’08 and the pandemic. My husband and I have more than one business. The package and delivery business has grown during the pandemic.

How did you find the right financial advisor or accountant?

By word of mouth.

How important is having an accountant or bookkeeper for your business?

It is important to have the right team on your side. The most stressful thing is to be audited.

What are your favorite apps to track your spending or business expenses?

My credit cards apps allow me to see all my expenses.

Who do you go to for financial advice?

My CPA.

What’s next for you in your business/brand? What can readers look forward to from you?

I am growing my real estate portfolio not only in my state but others as well.

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