20 Nov EP115: Tremaine Mcdonald
The key to creating wealth is establishing multiple streams of income. This week’s guest, Tremaine McDonald, is the owner of multiple businesses. He chats with Brandy regarding his path to success and how he obtained his keen sense of business acumen. Tremaine is from Oklahoma City, OK and graduated from Southeast High School. He later attended the University of Central Oklahoma and obtained a bachelor’s degree in Business Administration with an emphasis in Marketing. He is a member of Alpha Phi Alpha fraternity. While in college, Tremaine took a massive leap of faith by obtaining a student loan to open his first business. His mom had an in home daycare and Tremaine had a vision of expanding into a building to service more children. Tremaine and Brandy discuss the challenges of entrepreneurship, and Tremaine discloses how he remained optimistic despite facing obstacles. In order to continue to build wealth for his family, Tremaine bet on himself again by purchasing a dump truck. Tremaine states that “If you want to do something, don’t be afraid to ask a question.” He sought advice from Cary Pittman and Vance Dotson, who were extremely helpful in providing insight into the trucking industry. He started T- Mac Trucking, and with just under a year in business, he has already purchased his second truck. Brandy and Tremaine both drop knowledge on finances, generational wealth, and how writing down your goals can bring your vision to life. Tremaine is an excellent example of how betting on yourself and believing in yourself will always pay off.