Dana Frank, real estate mogul and philanthropist, embodies what it means to be a successful entrepreneur. Frank manages a third-generation real estate business, founded by her father in 1950 when he was only 18 years. As general managing partner of The TD Frank Family Properties, she oversees hundreds of multifamily apartments and works to expand their real estate investments across Washington and Arizona.
On November 12, Dana traveled to Towson University, where she spent the afternoon with students in the Honors College. That evening, she took to the stage at the StarTUp at the Armory for a conversation with Edna Primrose, president of the TU Foundation board of directors, about what it means to be a multi-faceted entrepreneur.
Dana shared insights into being a serial entrepreneur, an advocate for generational wealth creation, along with personal life stories highlighted in her debut book, Get Up & Get On It! A Black Entrepreneur’s Lessons on Creating Legacy & Wealth, described as ‘a powerful testament to the enduring spirit of individuals from marginalized communities, such as People of Color and women navigating the male-dominated business world.’
Committed to helping individuals break the cycles of poverty, Dana offered wisdom on how to succeed in creating generational wealth, including:
Generation wealth is attainable and sustainable if you believe in yourself and are willing to put in the effort to reshape your own life’s narrative.
Fire Starters ignite flames for their future, and those of future generations, and don’t accept negative societal narratives. Be a Fire Starter.
One of her guiding principles “Cash erodes. Equity grows.” explains the importance of investing in assets that appreciate over time to help break cycles of poverty.
Use the R.E.A.L. method to build generational wealth. Research, Expand, Amplify, and Leverage connections.
Start by any means necessary, connect with like-minded people, and never stop learning.
The StarTUp at the Armory is TU’s front door for start-ups, small businesses, as well as our region’s largest corporations. This award-winning, state-of-the art space includes 6,000 sq. ft. of free co-working space and reservable meeting rooms where entrepreneurs and executives can connect with each other and to TU’s programs and people.
