Growing up with her mother in Washington D.C. and father in Maryland. Folasade Ayegbusi was exposed to two vastly different socio-economic groups within her Black communities. An internship at her father’s accounting firm underscored those who had means and those without, which she experienced firsthand. “My dad’s clients talked about the money they owed in taxes. Their investment properties and retirement funds, while my mom and I lived in a government housing assistance section-8 apartment and waited in line to get a refund. No one talked about owing money or owning properties. It was totally different conversation.”
Her parents instilled the importance of higher education and encouraged her to rise above their circumstances. “I remember sitting with my father as he pointed out drugs deals and criminal activity. He told me that would be my future if I didn’t get an education and take control of my financial independence.”Living in a thriving community building generational wealth in one city and struggling to survive in another, Folasade wanted to help the Black community that lacked access to continuing education. And provide them with tools and resources for launching a business.
Folasade followed in her father’s footsteps and received her bachelor’s and master’s degrees in accounting. In 2011, newly married and pregnant. She started her own accounting firm but was unsure of how to get her business up and running. When she found a small office suite in Maryland at an affordable price. Folasade took a leap of faith, signed the lease and Suncrest Financial was born.
“I started launching programs and doing livestreams to teach small business owners how to know their numbers, create generational wealth and be accountable for their financial strategies.”
When tax season rolled around, she had an upswing in new clients. Part of the lesson Folasade learned growing her company was the importance of getting over. What she calls the “hustle and grind” and get into a flow, something she now teaches her clients.
As seen on Forbes and she was featured on it.
