Becoming rich requires financial literacy, especially for communities lagging behind in building wealth. Meet New York Times bestselling author and financial guru Nely Galán, who debuts “Money Maker/Mi Mundo Rico with Nely Galán,” a new podcast that will bring listeners the know-how to embark on a path to prosperity. The podcast is set to launch March 1 on Money News Network (MNN), the premiere podcast-driven financial news and information destination. The Money Maker/Mi Mundo Rico trailer premiered today and is available on all podcast platforms. Watch trailer.
On her show, Nely brings listeners her hard-won business advice, stories of how being an immigrant informed her entrepreneurial mindset, and actionable tips for listeners looking to grow wealth. With the goal of reaching listeners who have traditionally been denied a seat at the table, Nely will tape weekly episodes in English and in Spanish; allowing her to address the gap in entrepreneurial content for the Latino community while tapping into the burgeoning market for Latino podcasts. “Money Maker” will also feature conversations between Nely and other self-made gurus and experts ready to pass the baton to the next success story. These episodes will be primarily in English with Spanish translations.
“As an entrepreneur and bestselling author in the entrepreneurial space and as the former President of Entertainment of a television network in a niche market that became the juggernaut that is Telemundo, I believe in Money News Network to create a needed category and quickly become a market leader, as the future CNBC of podcasting,” says Galán. “I am betting on this horse.”
“I am a longtime fan of Nely Galán and her work to champion people along their journey to financial freedom,” says Nicole Lapin, Money News Network Founder, and CEO. “Nely has made a career doing the work MNN was created to accomplish: to equip more people with the tools to make a change in every sense of the word. I’m thrilled to have her join the network and excited for what I believe will be a powerful partnership.”
THE ECONOMIC STATE OF THE LATINO COMMUNITY IN AMERICA
The research on the need for financial literacy in the Latino community is clear. According to the Conclusion of a report by the U.S. Congress Joint Economic Committee, Congresswoman Carolyn Maloney, Vice Chair, titled: “The Economic State of the Latino Community in America:”
“Latinos constitute a large and growing portion of the U.S. population. Almost two-thirds were born in the United States and almost 80 percent are citizens. It is estimated that by 2060 Latinos or those of Hispanic heritage could make up one-quarter of all residents.
Hispanics are more likely than non-Hispanics to be working or seeking work. They are also significantly more likely to be entrepreneurs. An increasing number of them are college-educated, earning professional degrees and assuming leadership roles in various fields. Businesses with majority Hispanic ownership provide almost 2.7 million jobs to American workers. Because of their increasing numbers, high employment levels, entrepreneurship and increasing levels of education, Latinos will continue to play an important role in the economy.
However, Latinos as a whole still fare worse economically than the population as a whole. On average, they face higher unemployment, lower wages, lower household wealth and higher poverty rates. Foreign-born Latinos are more likely than the native-born to face economic challenges, but their children—like the children of generations of past immigrants—often achieve more economic success. The future of the U.S. economy will depend in part on the ability of all Latinos to realize their full economic potential.”
ABOUT NELY GALÁN
Nely Galán is a self-made media entrepreneur. Dubbed the Tropical Tycoon by the New York Times Magazine, she was the first Latina President of Entertainment for a U.S. television network (Telemundo). She is an Emmy Award-winning producer of over 700 episodes of television in Spanish and English, which she produced through her multi-media company Galan Entertainment. She is the author of The NY Times bestselling book SELF MADE, Becoming Empowered, Self-Reliant, and Rich in Every Way (2016) Random House, about the revolution in women’s entrepreneurship led by multicultural women in the US and emerging women around the world. Galan has toured 150 cities and spoken at The United Nations, The Clinton Initiative, The United State of Women at the Obama White House, and at Corporations like Coca-Cola, American Express, Chase, Walmart, Dell, and at tech companies like Google, Facebook, eBay, Uber. Additionally, she has spoken at many high schools and colleges around the country, including Harvard, USC, University of Arizona, University of Miami, University of Arkansas, and Babson College. Galán is also the founder of The Adelante Movement, which seeks to empower and train Latinas economically and entrepreneurially.
Galan’s goal is to teach people, and their families (in particular multi-cultural and from emerging cultures) how to cultivate a Self-Made mindset whether you run your own business or work for others, and how to can learn and take advantage of all the opportunities that exist today to become self-made, keeping your values, culture, religion intact. How to become rich in every way with intention. How to understand the parallel tracks of mission and money. Watch bio video.
ABOUT MONEY NEWS NETWORK
Money News Network is the premiere podcast-driven financial news and information destination. MNN creates content that cuts through the typical Wall Street jargon to help inform, empower, and inspire you on your money journey. MNN shows can be found wherever you listen to your favorite podcasts. To learn more, visit: moneynewsnetwork.com.