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Two-time Emmy and Three-time NAACP Image Award-winning, television Executive Producer Rushion McDonald interviewed Cherina & Mowbray Rowand.
🔷 Interview Summary
Cherina and Mowbray Rowand—co-founders of the Rowand Group and creators of One Stop Taxes—share how they built the largest Black-owned tax preparation service in the U.S., scaling to 1,000+ virtual locations. [CHERINA &...AND iHeart | Txt]
They discuss:
- Their entrepreneurial philosophy
- Their complementary roles as partners
- The transition from brick-and-mortar to a virtual franchise model
- Scaling strategies, team building, and infrastructure
- Wealth-building through diversification (restaurants, real estate, hospitality)
- Their creation of the Black Tax Festival to educate and unify entrepreneurs
The conversation blends practical business strategy, mindset, and community impact.
🎯 Purpose of the Interview
The interview serves several key purposes:
1. Educate aspiring entrepreneurs
- Demonstrates how to start, scale, and systematize a service business
- Highlights real-world lessons in scaling, hiring, and structuring companies
2. Promote economic empowerment
- Focuses on helping underserved communities access:
- Entrepreneurship
- Tax knowledge
- Financial systems
3. Showcase a scalable business model
- Emphasizes low-barrier entry franchising and virtual platforms
4. Inspire through lived experience
- Shows how vision, persistence, and partnership can create generational wealth
🔑 Key Takeaways 1. Entrepreneurship = Service + Ownership
2. Complementary partnership is critical
- Mowbray = visionary (ideas)
- Cherina = implementer (execution systems)
- Their success comes from balancing vision with structure
3. Scaling requires evolving your team
- What works at $1M won’t work at $10M+
- Businesses must upgrade:
4. Systems > hustle
- They scaled by creating a repeatable system and training others
- Their franchise model enables others to replicate success
5. Virtual model unlocked growth
- Eliminating physical offices reduced cost and increased reach
- Their early adoption of virtual tax prep became a major advantage
6. Timing + vision = breakthrough
- They launched virtual tools before mainstream trust in digital transactions
- COVID accelerated their already-built infrastructure
7. Lowering barriers drives scale
8. Marketing starts with relationships
- Begin with:
- Warm network
- Strategic partnerships (car dealerships, apartments, etc.)
9. Financial literacy is a wealth gateway
- Many entrepreneurs lack:
- Proper documentation
- Financial systems
- Their platform and events aim to fix that gap
10. Community + recognition drive engagement
- The Black Tax Festival builds community, education, and motivation
- Recognition (awards, visibility) encourages performance
11. Diversification builds long-term wealth
- They reinvested profits into:
- Restaurants
- Real estate
- International assets (Dominican Republic hospitality)
💬 Notable Quotes On entrepreneurship
“Entrepreneurship [is] being able to set your own path… being a servant to other people.” [CHERINA &...AND iHeart | Txt]
On partnership dynamics
“He’s the big idea guy… I’m the implementation person.” [CHERINA &...AND iHeart | Txt]
On vision vs execution
“Let me get the vision out first… then we start figuring out the pieces.” [CHERINA &...AND iHeart | Txt]
On scaling infrastructure
“The same thing that works at $1 million is not the same thing that works at $10 million.” [CHERINA &...AND iHeart | Txt]
On early-stage hustle
“We didn’t have a ton of support… but we had a lot of drive.” [CHERINA &...AND iHeart | Txt]
On innovation and skepticism
“When you tell a person we own a virtual tax company, they’re like, ‘What is that?’” [CHERINA &...AND iHeart | Txt]
On reducing barriers
“We don’t have any startup cost… we train for free… we lowered that point of entry barrier.” [CHERINA &...AND iHeart | Txt]
On wealth gap realities
“We’re left out of rooms because we don’t have the proper paperwork… financials.” [CHERINA &...AND iHeart | Txt]
On mission-driven events
“Hopefully [people] leave better than we found them.” [CHERINA &...AND iHeart | Txt]
🧭 Bottom Line
The Rowands’ story is a blueprint for modern entrepreneurship:
- Start with service
- Build systems
- Scale through people and technology
- Reinforce success with community and education
- Convert income into assets and ownership
Their model isn’t just about making money—it’s about making wealth accessible and transferable.
#SHMS #STRAW #BEST
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