Driven by Adversity, Rachel Rodgers Vowed to Break Her Family’s Cycle of Poverty
“Teetering on the edge of poverty was a scary way to live, so when I became a parent, I was determined to end the cycle,” Rachel Rodgers told CNBC. Driven by Adversity, Rachel Rodgers Vowed to Break Her Family’s Cycle of PovertyHustling Through Various Jobs Before Finding Her NicheTransforming Her Law Practice Into a Million-Dollar Coaching BusinessAchieving recognition and Writing a Bestselling BookBreaking Barriers as a Black Woman Business LeaderRemaining Frugal Despite Her Success
Growing up, no matter how hard her parents worked, it would take just one unexpected medical bill or car repair to wipe out the family’s savings. This precarious financial situation motivated her to chart her own path to financial security.
Hustling Through Various Jobs Before Finding Her Niche
Starting from humble beginnings, Rodgers hustled through various jobs, from serving state and federal judges to working with nonprofits and even Hillary Clinton. In 2010, she ventured into specializing in intellectual property law for small businesses.
Transforming Her Law Practice Into a Million-Dollar Coaching Business
As Rodgers’ clients sought more than legal advice, her practice transformed into a coaching business, hitting seven figures in 2017.
That’s when she founded Hello Seven, a company committed to teaching and empowering women, BIPOC, and LGBTQIA people how to build a seven-figure business and create generational wealth.
Achieving recognition and Writing a Bestselling Book
Her impact is recognized in publications like the New York Times, Women’s Health, Forbes, Entrepreneur, and Fast Company, as well as on popular programs like Good Morning America, E! News, and the Drew Barrymore Show.
Rodgers is also the author of the bestselling book, We Should All Be Millionaires: A Woman’s Guide To Earning More, Building Wealth, And Gaining Economic Power, where she narrates her journey from a modest upbringing to becoming a self-made millionaire. She shares invaluable insights on replicating this path to financial success.
Breaking Barriers as a Black Woman Business Leader
Now, Rodgers is not just a mom of four, a wife, and a CEO, but a multimillionaire. She has not only secured generational wealth for her children but has a broader mission — maintaining her millionaire status and inspiring others to do the same.
“As a Black woman, I’ve created generational wealth for my kids and their kids. But my goal isn’t just to be a millionaire — it’s to stay one,” she stated.
Remaining Frugal Despite Her Success
Even after achieving multimillionaire status, Rodgers maintains a frugal mindset in certain areas of her life:
“I’m still exceptionally frugal about my time, my family vacations, and my casual clothes,” she revealed.
By being selective with her time and balancing splurges with budget finds, Rodgers enjoys quality and savings simultaneously. Her discipline proves financial success allows both million-dollar moments and $10 farmer’s market meals.
Rachel Rodgers is the founder of Hello Seven, author of “We Should All Be Millionaires,” and a pioneer for women, people of color, and the LGBTQIA community to shatter ceilings— financial and beyond.