Nationwide — The deals are closing. The work is getting done. The invoices are going out. But for many Black women entrepreneurs, the money is not coming in on time.
As more Black professionals turn to entrepreneurship–some by choice and many out of necessity–there is a growing gap between earning income and actually receiving it. For those building without a financial safety net, that gap can create real pressure.
Dee Bowden knows this pattern well.
More than two decades into her career as a revenue recovery specialist, Bowden has worked with organizations to identify what is slowing down their cash flow and how to fix it. In one widely cited case, she worked for a small IT company and recovered $6 million in just 60 days.
But for Bowden, that number is only part of the story.
“What I see over and over again is this,” she said. “We’ve learned how to build the business. We’ve learned how to get the client. But we haven’t been taught how to consistently get paid on time.”
During Financial Literacy Month, conversations about money often focus on saving, budgeting, and getting out of debt. Bowden believes those conversations are incomplete if they leave out one key skill: securing the revenue you’ve already earned.
For Black women in particular, that skill is critical. Many are navigating entrepreneurship after layoffs, career pivots or a desire for more control over their time and income. At the same time, they are managing households, supporting families and building something that has to work.
“When women are educated on how to collect their cash, their confidence rises,” Bowden said.
Bowden’s work focuses on building that confidence in a way that aligns with how many women already lead—with professionalism, care and strong relationships.
Her framework is based on four key principles:
• Problem Solving – Understanding what is delaying the payment and addressing it directly.
• Customer Service – Maintaining professionalism and going the extra mile in every interaction goes a long way toward getting the invoice paid.
• Expressing Gratitude – Gratitude is one of today’s most underrated soft skills, yet one of the most powerful.
• Relationship Building – If you’re not strengthening connections with your customer, you run the risk of your invoice becoming another bill sitting in a pile.
“This isn’t about chasing people down, it’s about having a process that supports your business,” Bowden said. “Without a process, you’re not going to get paid.”
Thanks to Bowden’s insights, businesses across industries have strengthened their systems and recovered revenue totaling $100 million. Now, during Financial Literacy Month, she is encouraging entrepreneurs to expand their definition of “securing the bag.”
“This is about making sure your business can actually support your life, because honestly, the sale is not complete until the money is in the bank,” Bowden said.
Bowden created a checklist with 5 tips to collect the cash. To download your free copy, visit: https://collectthecash.biz/freebie/
About
Dee Bowden is a Revenue Recovery Specialist with more than 20 years of experience working with organizations to improve cash flow and recover unpaid revenue. She is the author of Collect the Cash, a practical guide that shapes how business owners approach getting paid, now marking its 5-year anniversary. As the creator of the Collect the Cash™ brand, Bowden continues to teach a proven, relationship-driven approach to revenue recovery that is more relevant than ever in today’s economic climate.
Connect with her on YouTube, LinkedIn, and Instagram
For press inquiries, contact Monique Caradine-Kitchens at mcaradine@gmail.com