The new glass ceiling (Part. 1)

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Went to College in 2099, two
thousand.

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I entered the workforce roughly
around 2003. 2005 you had a

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choice.
You can still try to pursue

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corporate America or be an
entrepreneur.

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I think in 2025, you don't have
that choice.

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You may have a luxury depending
on what family you were born in,

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what zip code you were born in
or what school you went to.

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And so now you have to have a
thought process in terms of when

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you're going to school and when
you're getting training, when

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you're getting experience where
the internal externship, what

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are you going to do with that
information to really secure,

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financially secure your home and
your future?

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Welcome to the Leadership
Sovereignty podcast.

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I'm your host Ralph Owens along
with Terry Baylor.

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In today's episode of The New
Glass Ceiling Part 1, Philip

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Yates challenges us to rethink
how opportunity is distributed

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in today's economy.
He also exposes how outdated

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career expectations collide with
modern economic survival.

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And we are live.
Hello world.

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Welcome to another exciting
episode of Leadership

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Sovereignty.
We have a very, very special

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guest with us today.
Terry, how you feeling?

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You know, man, this today, oh
boy, we're going to change some

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lives.
I'm I'm pretty sure we're going

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to change some lives today.
Do I want to introduce Mr.

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Phillip Yates?
Welcome to the show Sir, once

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you tell the people a little bit
about yourself.

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Hey, good day gentlemen.
Thank you for the invitation and

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I'm just happy to be a part of
the leadership sovereignty and

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looking forward to our
conversation after those who

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have not been fortunate enough
to meet.

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My name is Philip Yates,
attorney by trade.

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So you know, my background in
corporate law, bankruptcy law,

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but my passion is economic
development, community work.

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And I'm also the Co founder of
equal Liberty, which is a

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fintech startup.
That's that doesn't no, a lot of

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work around convening capital
inside of our communities and

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really underserved targeted
communities that just quite

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frankly don't get the
investments they deserve.

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And so outside of that, I'm a
dad of of two and a husband for

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going on 10 years this year.
Congratulations,

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congratulations.
Yeah, we we haven't talked about

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today.
So we're going to talk about

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that the new glass ceiling in
corporate America.

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I know that's going to peak a
few years and interest.

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I know it it, it peaked mine.
So how about let's just start

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talk about leadership in this
generation field.

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I mean, what comes to mind for
you when we talk, when we bring

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up that time?
Yeah, you know, when I'm, when

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we talk about the glass ceiling,
I, I just, I think about my dad

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honestly.
And I, and I grew up with a mom

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and dad for majority of my
childhood, you know, but most

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like, much like a lot of our,
our, our colleagues, you know,

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eventually my mom and dad went
through their separate ways.

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But growing up, I remember
seeing my dad, you know, enter

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corporate America and having to
work his way up and try to send

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as far as he could.
And that was his whole goal.

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Like there was never like, you
know, there was no thought of

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entrepreneurship.
There was, they didn't have the

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risk appetite to do something
like that.

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And so when you talk about
leadership in this generation, I

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think it's not a choice.
I think when we were entering

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the workforce, you know, for me
it was, you know, I went to

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College in 2099, two thousand
and to the workforce roughly

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around 2000 and three, 2005 you
had a choice.

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You can still try to pursue
corporate America or be an

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entrepreneur.
I think in 2025 you don't have

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that choice.
You may have a luxury depending

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on what family you were born in,
with zip code you were born in

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or what school you went to.
And so now you have to have a

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thought process in terms of when
you're going to school and when

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you're getting training, when
you're getting experience,

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whether internal externship,
what are you going to do with

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that information to really
secure, financially secure your

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home and your future.
And so that, that thing, that's

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where we're at, gentlemen with
this generation, they don't have

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a choice.
And now they're having to use

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the this digital age or
information technology to kind

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of hack that process.
I, I, I have this conversation

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very often actually in that, you
know, when again our parents

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generation, they, they had a
specific trajectory.

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They wanted to get into a
company long term, right.

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Do do do their time get their
pension.

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You know, my dad, you know,
great, you know, he was, he was

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fortunate enough to be able to
retire think within two years

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ago now and he he still had a
pension, but he's like probably

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the last one, right, You know
that and he was like 40 years in

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on on the job.
That does not exist anymore.

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It it it just absolutely.
No, you, you, you.

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You'll be lucky if the company
is around 40 years from now.

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Exactly.
That's right.

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And my dad had a he had a
different landing, right.

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So it's, you know, so he, he
entered the, the workforce and

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my dad was in banking.
So he moved from Pittsburgh.

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And if you, you guys are
familiar with the Northeast or

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some people call that Midwest, a
lot of that was around the steel

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industry.
And so a lot of those factory

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and obviously with technology,
those jobs start to go away in

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the late 70s, early 80s.
So he migrated to Texas, got

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into corporate America, ascended
all the way to like senior

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leadership where he was one of
the more successful, especially

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African American bankers in the
city of Houston.

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But to Ralph's, you know,
landing of his dad, my dad had a

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different landing where the
times have changed, demographic

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change, and so the demand change
of the job.

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And it wasn't, you know, it
wasn't what it wasn't his the

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way he would have wrote the
script in terms of when he

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retired, but he is retired now.
I'm doing very well.

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But I just remember him going
through that transition.

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But it's to this conversation
that generation wasn't prepared

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what that landing looked like,
because the landing looked like,

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you know, like we said, the, the
gold watch, the retirement

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party, the pension and everybody
throw you a party.

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And so they, we love you.
No, now they're kicking you out

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the door because they're trying
to save money or they're trying

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to ease their consumers or the
community.

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Especially young people all the
time, because I, you know, my, I

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have four children and they're
in between the ages of 23 and

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28, right?
So they're all fresh in the

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workforce.
Hey, good.

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Brother, I thought.
You had kids.

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You get something right because
I have my friends started young.

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They still don't look as good as
you.

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That melanin.
Is rocking.

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Yes, Sir.
Yes, Sir, you have.

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To understand that your career
is your responsibility.

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It is not your employers, right?
If you're expecting your

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employer to put you in a
situation where you're going to

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get to the end destination of
where your career goal is,

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you're making a mistake, right?
You have to approach this from a

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proactive perspective of this is
where I want to go, this is

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where I want to end up, and this
is the path that I'm going to

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take to get it there right into
your point field.

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It is not what the previous
generations actually went

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through, so they have to take a
different approach with Terry.

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What your thoughts on that?
Man, I, so I got a 21 year old

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and so she's home for a few
weeks from school and I'm like,

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hey, let's do a daddy daughter
day, right?

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So I think was Chick-fil-A.
So we went and sat at

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Chick-fil-A.
So we're just talking, I'm like,

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you know, what's, you know,
what's this final year going to

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look like?
And she was like, dad, you know,

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to be honest, I'm just, I'm
still trying to figure it out.

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I'm like, it's OK.
It's, it's OK that you're still

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figuring it out because that's
really what college is about it.

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You know, it's not about you
leaving out with a fully flushed

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out plan the way they want you
to craft your box, right?

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They want to have you be a cog
in a system that perpetuates

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their success.
And So what I explained to her,

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look, that's your box.
You are an amazingly creative

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individual.
If you want to put dirt in that

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box and plant a garden, then do
that.

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If you want to put wheels on
that box and create the next

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electric car, do that.
If you want to, you know inside

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of the profession that you are
studying, intersect that with

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your creativity, your art, your
music, your coaching.

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Make that box as fluid and
creative and spontaneous and

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exciting as you are as a person.
The institution is just giving

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you a framework, right?
They don't know you.

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They don't know what inspires
you, what drives you.

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So make the box whatever you
want it it's your.

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Box, I love that.
I hope when you guys share this

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with the audience, that's a clip
in itself.

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And I have a question for you
gentlemen just based off of

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that.
I know we had some talks

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backstage before we started.
Given the fact that your kids

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are older and experience, you
guys have leaders and your

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communities, your households and
the workforce.

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I'm even what you're doing here
on this platform.

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I think you guys said you're at
one, one third, 1:30 or over in

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episodes.
My kid, my daughter's turning 8

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this week.
So I told you guys have a

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birthday party to celebrate.
My son graduated from

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kindergarten.
He's going to lower elementary

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or first grade.
What advice do you have for

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parents?
Because when we talk about the

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glass ceiling, a lot of it is,
you know, not only setting

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realistic expectations,
expectations for ourselves as

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leaders, but in my home, I
wonder now, what do I tell my

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daughter and my son when they
say, hey, what do you want to be

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on a group?
I want to be this bad or

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officer, a police officer, a
lawyer, a doctor, engineer.

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What advice would you give to
parents who have younger

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children regarding conversation?
I'm.

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Gonna let Ralph take this first
because I'm I'll take the tips

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from you, bro.
You you got, you got four of

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them out the house.
Let me listen.

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Let me listen.
Let me get my notebook right

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now.
I think the first thing then is

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and, and just let me, let me
preface this by, you know,

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reminding our audience that we
always look at everything from a

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spiritual lens here, right?
Our job as parents is to find a

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seed of greatness that's in our
children.

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Sometimes we want to mold it for
them.

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Or you're going to, you know,
because like in the Jewish

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community, oh, you're going to
be a doctor, you're going to be

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a lawyer, right?
And they literally tell their

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kids.
Matter of fact, I saw an

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interview.
I thought it was really

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interesting.
They talk about how they

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introduce their kids when their
kids are young.

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This is Sarah.
He's she's going, she's going to

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be a future doctor.
So they start indoctrinating

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their minds with what what it is
they they're supposed to be.

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But I believe, you know, me and
my wife believe that God has

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already put a seed of greatness
in each one of your children.

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We've all seen families where
all of them can be raised in the

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exact same home and they all go
in three different directions,

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right?
That's because they all have

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their own individual seed of
greatness inside of our job is

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to discover and develop, right?
We have to take the time to

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figure out what naturally comes
easy for them, what they're

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naturally attracted to, and then
develop that because that's the

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thing that they're going to be
the greatest that in life.

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And there's always a positive
way of doing anything, right?

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So that it, you know, if I had
to go back and do it all over

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again, spend more time
discovering and developing, you

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will see that their natural
passions will kick in and they

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will just take off, right?
If they are doing the thing that

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they were already naturally
created to do.

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And we spend enough time with
our kids, what we know, right?

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You know, so like one of my
daughter's Raven, she, when she

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was coming up, she just loved
it, right?

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Her teachers would always say,
but is she, her writing is off

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the charts.
And it wasn't something that she

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like, OK, I'm, I'm going to be
the best writer in this class.

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It was like, oh, I just love to
do it, right?

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Well, today she's, she's a
journalist, right?

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And it's working out perfectly
right.

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You know, that, that, that sort
of thing.

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So that would be the, that would
be the best advice that I can

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give, man.
Don't try to force them into a

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mold that we think is best, but
discover the seed that God put

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in them and cultivate it right,
so that when they get ready to

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get out there, they can they can
take it further.

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Yeah, Terry, I mean your
thoughts on that?

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Yeah, so, Ralph, I love that.
I think that is so true.

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Matter of fact, I was journaling
yesterday and you know, I

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basically wrote that.
I wrote that very thing.

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God, thank you for the God-given
dream, right?

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Because it's in there.
It's in there.

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And so, and so as you, as you
were stating that, of course, I

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was thinking about myself.
And one of the things that I've

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always done, I've always done
this no matter where I've been

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in life.
And I'm, I'm actually doing it

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now.
And, and I'll just tell this

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story.
So I was 15 and one of my older

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brothers started a baseball team
and I said, hey, man, you know,

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I'll help you coach that team.
Now I'm playing baseball myself,

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right?
Because baseball was my passion.

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Anyway, he had one of those jobs
where, and man, I thought about

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this.
I'm like, I think I'm going to

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call him and give him a hard
time because you work for

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rent-a-center.
I'm like, that job was just

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tormented people.
That was a that was a terrible

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00:13:22,000 --> 00:13:25,160
model for folks who had to go to
Rent-a-center.

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I'm thinking you paying 20 years
for a couch.

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What is what is going on here
anyway?

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Anyway?
That's and that kind of goes

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back into really this
conversation really about just

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being a cog in a system.
But so the job that he was

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working, he could not commit to
the team.

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So I'm 15, right?
I'm coaching the team like I'm

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the head coach.
I'm coaching guys that are 13.

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Here's what what's interesting
about that.

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As I thought about, I actually
thought about this story in

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relationship to our conversation
today.

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What about those 13 year olds
gave them confidence to follow a

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00:14:06,240 --> 00:14:08,840
15 year old?
Because in in between the games,

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I'm not playing with them.
Just like we just saw kids.

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At that point I realized the
seed that God has placed in me

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is leadership, it is mentorship,
it is building.

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I've done that from the and so
that team, what was so amazing

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00:14:26,480 --> 00:14:29,640
about that team, man, we went
all the way to state.

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00:14:30,360 --> 00:14:35,520
We came in second place.
A 15 year old coaching some 13

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year olds took second in state.
So to your point, Ralph, I

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didn't realize it, but that that
coaching and that nurturing and

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that development of people, the
love of people, God placed that

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in me.
And I'm looking at what we're

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doing today.
It's it's essentially the same

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thing.
Thank you for listening to the

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Leadership Sovereignty Podcast.
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00:15:00,000 --> 00:15:04,000
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00:15:13,480 --> 00:15:15,080
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