The future is not set in stone. You can create the future you want and work backward to achieve that. It starts with a plan of what you want your life or business to look like by creating specific goals and then taking action. Since changes are inevitable, the key to your success will be based on your ability to pivot when necessary. No matter how much you plan, sometimes plans need to be adjusted or even changed altogether. Pivoting is the ability to change course or direction quickly when necessary. It is a skill many business leaders need to possess to manage growth and directional changes in their businesses effectively. Join this conversation with Bob Wallace and learn more.

Robert L. Wallace is an internationally known entrepreneur, author, business consultant, and keynote speaker. With more than 41 years of industry experience spanning engineering, energy, IT, and executive coaching, Bob leverages his expertise to educate and inspire entrepreneurs, executives, and audiences worldwide. In this episode, we discuss; Bob’s rags-to-riches story of growing up in Baltimore and the role of spiritual fortitude in wealth creation. He also shares key advice on creating a launching pad for generational wealth and the importance of being flexible and responsive to sudden change.

Tune in!

Here’s What You’ll Get In This Episode

[00:26] Episode intro and a quick bio of today’s guest

[06:59] Bob’s backstory of humble beginnings

[12:00] Creating a generational wealth for his kids and their quest for entrepreneurship

[14:12] How Bob inspired his kids the desire to achieve greater things at a young age

[15:25] Being very intentional in directing his children into science and engineering

[19:50] Your kids need safety nets and past stories of overcoming

[24:59] Bob’s journey as an author

[33:01] How traumas among people of color lead to a lack of partnerships in business

[37:38] Important aspects of scaling up business at this post-pandemic time

[45:00] How you can reach out and connect with Bob Wallace

[45:54] Ending the show and call to action

Notable Quotes

• • Create the future and then work backward.
  • Achieving great things in life starts with a dream.
  • When kids are young, the best you can do is to model their behavior and way of thinking.
  • Wealth creation opportunities of the future will be based on technology.
  • Kids are brilliant. If you give them the foundation, help them create a future, and give them a path to get into that future, they will blow your mind.
  • At the point of impact, your strategy will change.

Connect with Robert L. Wallace

• Personal Website: https://www.robertwallace.com/Company’s Website: https://www.bithgroup.com/Twitter: https://twitter.com/RobertLWallaceLinkedIn: https://www.linkedin.com/in/robertlwallace/YouTube: https://www.youtube.com/channel/UCU_AWkByPmwZ7j3DBxC9pQQ

Bob Wallace’s Books

1. Black Wealth Through Black Entrepreneurship: https://www.amazon.com/gp/product/B00ZY8HLUU/
2. Let God Be God: Using God’s Disruptive Power to Change Your Life and the World: https://www.amazon.com/gp/product/0998637726/
3. Strategic Partnerships: An Entrepreneur’s Guide to Joint Ventures and Alliances: https://www.amazon.com/gp/product/0793188288/
4. Soul Food: Fifty-two Principles for Black Entrepreneurial Success: https://www.amazon.com/gp/product/0738203521/
5. The Ssese Principles: Guidelines For Creating Wealth Through Faith: https://www.amazon.com/gp/product/B01I1TA8WQ/