The new glass ceiling (Part. 4)
In this episode of Leadership Sovereignty, Ralph Owens and Terry Baylor engage with Philip Yates to discuss the intersection of community, legacy, and technology in wealth building. They emphasize the importance of investing in people as a pathway to lasting leadership and economic empowerment. The conversation explores the role of technology in creating opportunities, overcoming barriers, and fostering entrepreneurship, while also addressing the need for a new blueprint for future leaders.
Takeaways
- Investing in people is essential for lasting leadership.
- Community and legacy play a crucial role in wealth building.
- Technology can bridge gaps in economic empowerment.
- Creating opportunities requires overcoming systemic barriers.
- The importance of experiential capital in wealth creation.
- Binary economics emphasizes ownership for productivity.
- Access to information is vital for entrepreneurial success.
- A new blueprint is needed for future leaders.
- Wealth building should be inclusive and accessible.
- Exposure to opportunities can change lives.
- Empowering Communities Through Wealth Building
- The Intersection of Technology and Economic Empowerment
- "You don't have to stay where you are."
- "You are the CEO of your life."
- "It's an exposure game."
Chapters
00:00 Leaving a Legacy for Future Generations
00:35 The Importance of Shared Responsibility
05:26 The Role of Technology in Education
08:01 Creating Pathways to Wealth
Phillip Yates
Attorney / Entrepreneur /Community Leader
Phillip Yates is an accomplished attorney, entrepreneur, and community leader dedicated to expanding economic opportunities for underserved communities. He is the founder and CEO of Equiliberty, an innovative fintech platform focused on increasing access to credit, capital, and wealth-building resources for underrepresented individuals.
Beyond Equiliberty, Phillip co-founded Diversity Fund Houston, a $3 million seed fund that invests in Black and Hispanic tech founders, and launched initiatives such as Black Entrepreneurs Week and Latino Entrepreneurs Week to spotlight and support minority business owners.
He also serves as Chairman of Impact Hub Houston, where he helps drive social innovation and entrepreneurship across the region. Recognized as an Ecosystem Builder of the Year, Phillip is passionate about using technology, mentorship, and strategic partnerships to close the racial wealth gap and empower people to achieve financial freedom.
With a background in corporate and bankruptcy law and a strong track record supporting thousands of entrepreneurs, Phillip is on a mission to create lasting, systemic change that helps communities thrive.