Private Investing Is Not What You Think with Victoria Watkins of Inrichmint

Ep 140: Private Investing Is Not What You Think with Victoria Watkins of InrichmintPart of noseyAF's 31 Days of Black Business series 🖤I learned a new term recording this one: family office. I was today years old.Victoria Watkins is a lawyer and the founder of inrichmint, where she helps people invest in companies that aren't on the stock market. She'll tell you private investing is not the gated thing you think it is, and that your friend's flower shop counts. She's also the author of Little Valarie and Her Big World of Options and runs Joy and Magic Tea.What We Talk AboutPrivate investing explained from the beginning, including what a friends and family round is and what "sweat equity" actually meansWhat a family office is, why the structures are attainable for way more people than think they qualify, and who should have oneWhy she watches American Greed as informal due diligence trainingThe unexpected turn: she went to law school to become a fashion lawyer, ended up in the mayor's office, then became chief of staff at a mutual fund companyIf you love a conversation that hands you the keys, this episode is for you.All about Victoria WatkinsYou're gonna love Victoria. She's a multi-hyphenate who has always had more than one thing going, and she'll tell you why: we should all have more than one source of income, and she doesn't want to get to the end having left anything in her. Founder of inrichmint, where she and her business partner bridge investors and privately held companies, she came up through the Illinois House Democrats legal team, the Emanuel administration, and four years as chief of staff at Ariel Investments. She still writes, which is how Little Valarie and Her Big World of Options happened, named for her mother and inspired by watching the 2016 Olympics.Things We MentionedInrichmintLittle Valarie and Her Big World of Options (afflliate link)Joy and Magic TeaRachel Gadson of ILA Creative Studio, her illustratorAmerican Greed, her informal due diligence educationPastor Mike Todd and "I'm going to die empty"Chapters:00:07 - Introduction to Black Entrepreneurship00:59 - Transitioning to Private Investing23:22 - Understanding Family Offices and Their Importance34:20 - The Importance of Networking in Entrepreneurship39:15 - Introducing Little Valarie and Her JourneyThis series is supported by Off the Grid, a podcast for small business owners who want to leave social media without losing their clients. Find them at offthegrid.fun 🖤Connect with Victoria WatkinsWebsite: https://inrichmint.com/Her blog, which has tutorials on family office structuresTiktok InstagramYouTube Stay Connected📬 Get the noseyAF Dispatch → Subscribe here🏡 Grab the Good Neighbor Playbook → Download it freeMore ways to connectEmail: [email protected] on IG: @stephaniegrahamListen to more episodes: noseyaf.comSupport & FeedbacknoseyAF is listener-supported; thank you for being here. 💛🫶🏾⭐ Rate & Review the Show📣 Share noseyAF with a friend who needs to hear thisEpisode CreditsProduced, Hosted, and Edited by Stephanie GrahamLyrics: Queen LexInstrumental: Freddie Bam FamCover Art: Emma McGoldrick