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The Next Room

@thenxtroom

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Doing a walkthrough with TNXTR members Bruce and Robert. Bruce literally bought the entire block right near the Franklin square! These 5 will be live by June 1 A few more to be built later this summer. Amazing work I think the process range is $1M -$1.6m 5th&Co will offer financing taken in Franklin, Tennessee by @thenxtroom

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5 months ago

The Narrative Is Changing: Black Wealth Is Rising Faster Than Ever

There’s a persistent narrative that Black economic advancement is stagnant—but the data tells a very different story.

Over the last decade, and especially the last five years, the number of Black millionaires in the U.S. has grown at a historic pace. In 2015, there were fewer than 300,000 Black millionaires. By 2020, growth was still steady but slower than other groups.

Fast forward to today: nearly 1.8 million Black millionaires in 2025.
That’s more than a 5x increase in just five years.

What’s driving this surge?
• Entrepreneurial growth + record performance of Black-owned businesses
• Rising cultural influence and ownership within media and entertainment
• Smart participation in real estate and housing markets
• Policy shifts creating more access to capital & financial infrastructure

It’s important to hold two truths at once:
Yes, the racial wealth gap still exists. But recent momentum shows more Black households are building assets, investing, and crossing the millionaire threshold—not by accident, but through strategy, creativity, and ownership.

At The Next Room, we believe the next decade of Black economic growth will be shaped not just by individual wealth creation, but by collective investment, education, and innovation.

🔑 The future isn’t just about catching up—it’s about scaling up.

Let’s keep building. by @thenxtroom

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a year ago

Late night discussions with @chaka007 about the current state of affairs and how to navigate uncertainty. taken in Washington D. C. by @thenxtroom

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a year ago

TNXTR late summer retreat taken in Reunion Resort- Luxury Villa Golf & Spa Resort by @thenxtroom

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a year ago

“World Class Power Broker” Tharon Johnson taken in Washington D. C. by @thenxtroom

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a year ago

“Move as a team never move alone ….”
~ Chuck D taken in Four Seasons Hotel Washington DC by @thenxtroom

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a year ago

The Vineyard Is Buzzing — TNXTR Is In the Room

Every August, Martha’s Vineyard becomes more than a summer escape—it’s a hub for dealmakers, dreamers, and doers from across the Black entrepreneurial ecosystem. At TNXTR, we’re not just watching it unfold—we’re leading it.

💡 Shoutout to our TNXTR members making it happen on the island:
@calvinlbuttsjr
@mel.clemmons
@keithwvr

These leaders are doing more than hosting events—they’re catalyzing impact, building legacies, and activating networks. As Calvin L. Butts Jr. reminds us:

“We are not just here for the conversation. We are here for the execution. We are here to create opportunities and bring others along with us.”
— Calvin L. Butts Jr., East Chop Capital, featured in CNBC’s article on why Black entrepreneurs flock to Martha’s Vineyard taken in Oak Bluffs Martha's Vineyard by @thenxtroom

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a year ago

This photo makes me smile with joy. Here we have 3 TNXTR members traveling together to explore more business opportunities with Basketball Africa League! Natasha and Tim are team investors and Keith and Chauncey are exploring other business opportunities with the League. Clare AKAMANZI is CEO of NBA Africa. Everything we do is purposeful and not for show taken in Time Square South Africa by @thenxtroom

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a year ago

Skating to Where the Puck Will Be—Before It’s Too Late

Wayne Gretzky’s legendary words—“I skate to where the puck is going to be, not where it has been.”—aren’t just about hockey. They’re about survival.
I just returned from Washington, D.C., where I sat with a small group of bi-partisan business and government leaders from across the country. The conversation wasn’t about debating change—it was about bracing for impact and positioning for what’s next.

The recent wave of executive orders has sent shockwaves through industries, markets, and communities. Some are scrambling to react. Others are stuck in denial. But the ones who will thrive? They’re already moving—strategizing, adjusting, and preparing to be in position before the full weight of these changes takes hold.

The reality is clear: The landscape is shifting fast, and those who wait to see how things shake out will be left behind. This is the time for decisive action, for bold leadership, and for forward-thinking strategies.

This is why The Next Room exists—to bring together those who refuse to be blindsided. To share insights. To navigate uncertainty. To stay ahead.
Are you skating to where the puck is going? Or are you frozen where it used to be?
Now is the time to move. Now is the time to lead. taken in Hart Senate Office Building by @thenxtroom

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2 years ago

I’ve learned that success isn’t just about what you know—it’s about who you know, what rooms you’re in and most importantly, who KNOWS you.

The right conversations, the right introductions, and the right opportunities can completely transform your business, your investments, and your career. That’s exactly why I built The Next Room—a private business community for professionals and entrepreneurs who are serious about scaling, investing, and creating lasting wealth.

This isn’t just another networking group. We’re focused on real deal flow, strategic partnerships, and curated opportunities that actually move the needle.

*Want to be around serious professionals who push you to think bigger?
*Looking for private investment opportunities and off-market deals?
*Ready to take your business, career, or wealth strategy to the next level?

Then The Next Room might be the place for you.

We’re building a community of high achievers who don’t just talk about success—they make it happen. If that sounds like you, let’s talk.

Drop a comment or DM me if you want to learn more.

#TheNextRoom #BusinessGrowth www.tnxtroom.com taken in United States by @thenxtroom

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2 years ago

We aren’t just a networking club. We’re high achievers, power players, and bold thinkers that come together to create, invest, and succeed. #TheNextRoom by @thenxtroom

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2 years ago

I recently returned from an incredible trip to Harbour Island in the Bahamas, a destination known for its pristine pink sand beaches and exclusive atmosphere. Beyond the stunning views and world-class accommodations, this experience reminded me why choosing to vacation where other successful, like-minded individuals gather can be a game-changer for professionals.
Here’s why:

1️⃣ Elevated Conversations: Being in an environment frequented by other high achievers naturally leads to opportunities for meaningful discussions—whether it’s about business trends, investment strategies, or life philosophies. These conversations can spark ideas and open doors you hadn’t considered.

2️⃣ Networking in a Relaxed Setting: When you’re away from the office, you’re more likely to connect with people on a personal level. Exclusive destinations like Harbour Island attract individuals who value quality experiences, and that shared appreciation makes it easier to build authentic relationships.

3️⃣ Inspiration Through Proximity: Surrounding yourself with successful people in inspiring locations reinforces a growth mindset. It’s not just about networking—it’s about observing how others live, think, and plan their lives.

4️⃣ Recharge with Purpose: Rest and relaxation are vital for sustained success, but so is recharging in an environment that motivates you. Places like Harbour Island, Marthas Vineyard, Kiawha Island and Park City to name A few, offer both luxury and a sense of exclusivity, which helps you return to work with renewed energy and fresh perspectives.

Choosing the right vacation destination can do more than provide a break from the daily grind—it can create opportunities for personal and professional growth. As professionals, we often think of conferences and events as the primary spaces for connection and inspiration, but exclusive travel destinations can offer just as much value, if not more. taken in Harbour Island, Bahamas by @thenxtroom

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2 years ago