The former Xscape singer and Grammy-winning songwriter is dishing in this month's Rolling Out magazine about how she built her multi-million dollar business empire, which includes her hit-making music business, fashion boutique, a line of sex toys, a reality show, and even her own iTunes app.
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Ladies listen up, because Kandi is really dropping the knowledge!
One thing Kandi learned early in the game is that having a "big break" doesn't mean you'll be financially set forever.
"A lot of my peers, some are rich, and the next thing they’re broke," said Kandi. "I knew that you had to have multiple streams of income to become a millionaire or to stay a millionaire."
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As a business owner, Kandi knows first-hand that it can be risky, but says that keeping faith has been essential to her success. "I don’t know if I’ll get a check next week, or next month. Sometimes you have to step out on faith and just go for it. It's very important to take risks."
Even though her many business and entertainment interests are rewarding, the number one thing that keeps her going is her family.
"What keeps me motivated is providing the best life possible for my daughter, my mother and myself. That puts me in that grind mode; I want to keep my security."
Ladies what is your number one piece of advice for being successful?