After growing up on welfare and living in one of Miami’s poorest neighborhoods, Entrepreneur Alfred Nickson was determined to become financially free so that he could retire his mom. He started his entrepreneurial journey at the age of 19 and became a millionaire by age 25. Now, Nickson spends most of his time coaching and empowering others in the financial literacy space.
“Humble beginnings drove me to do something different,” Nickson shared during an interview with Black Enterprise. “That’s what fueled me to become successful. I had to break the chains of poverty. I always knew I wanted to become successful but just didn’t know what it was going to be.”
Entrepreneur Goes From Welfare to Millionaire
Nickson always had a vision of living a life that was greater than the welfare lifestyle that he saw every day.
The young visionary grew up in a two-bedroom apartment with 14 people and 1 bathroom. For the majority of his childhood, he remembers waking up around 4 am to ensure everyone could take a shower and get to work on time. Watching his mom struggle and witnessing his family tackle multiple jobs was enough motivation for him to get on the path to entrepreneurship.
Shortly after graduating high school, Nickson was introduced to the home-based business profession by his mentors. That’s when he received his foundational entrepreneurship training and learned valuable leadership lessons that he still leverages today. But Nickson says that the beginning…