Dr. Nicovanna B. Shannon 

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Dr. Nicovanna B. Shannon:

Dr. Nicovanna Shannon built her life's work around one powerful mission: helping families move from financial survival to financial legacy. As a graduate of Auburn University and an MBA recipient from Troy University, Dr. Shannon combined education with real-world experience to create pathways for economic empowerment in her community. As a co-owner of Shannon, Shannon and Associates, Inc., a family-owned business serving clients for more than 20 years, she has helped individuals, families, and nonprofit organizations gain clarity and confidence in their financial lives through coaching, tax services, and nonprofit financial management.

Dr. Shannon recognized that true change happens when communities are equipped with economic knowledge. That vision led her to establish Phoenix Fire, Inc., a nonprofit dedicated to teaching economic literacy and entrepreneurship. For nearly a decade, Phoenix Fire has provided transformational programs, including 12-week financial literacy courses and small business training programs designed to empower underserved communities.

Her work also extends into youth development through programs like the Alabama College and Career Access Program, where she helps students access scholarships and college funding, as well as mentoring initiatives like Jewels and Gents, which focus on life skills and leadership development for graduating seniors.

Through every program, every training, and every partnership, Dr. Shannon continues to ignite a movement of economic empowerment—helping individuals rise from survival into legacy.

IN THIS EPISODE YOU'LL LEARN:

  • That financial clarity transforms families from surviving month-to-month to building lasting generational wealth.
  • How to create a personalized roadmap for economic empowerment in your household and community.
  • Why understanding financial literacy early sets the foundation for lifelong financial confidence.
  • That small business training can open pathways to entrepreneurship and economic independence.
  • How nonprofit initiatives can provide critical resources and guidance for underserved communities.
  • Why mentoring youth in life skills and leadership drives stronger future leaders.
  • That combining practical experience with education multiplies financial growth and stability.
  • How to leverage scholarships, grants, and college funding to maximize educational opportunities.
  • Why consistent coaching and structured financial planning prevent common money pitfalls.
  • That transforming knowledge into action ignites a movement of empowerment and legacy creation.

about the show

Next Level CEO is a high-impact business educational series hosted by Daymond John, designed to spotlight the world’s most elite and insightful entrepreneurs.

In each episode, Daymond’s handpicked expert CEOs, founders, and industry leaders who’ve built powerful brands, scaled successfully, and led with vision, share their story and expertise. From disruptive startups to billion-dollar empires, Next Level CEO gives viewers a front-row seat to the real strategies, mindset shifts, and leadership moves behind business excellence.

This is what works.

It’s a rare look inside the minds of those who’ve actually built something that lasts.

Whether you’re an entrepreneur looking to grow, a business owner ready to level up, or a leader who’s hungry to learn from the best, Next Level CEO delivers the playbook from those who’ve already won.

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