The Power of Reinvention with John Hope Bryant

Willy welcomes John Hope Bryant. He is the founder, chairman, and CEO of Operation Hope, a nonprofit aiming to empower the youth and adults with financial literacy and economic education. He is the CEO of Bryant Group Ventures and The Promise Homes Company, the largest for-profit minority-owned single-family rental home operator in the United States. He retells his humble beginnings as an African-American entrepreneur in his bestselling books on economics and leadership, such as How the Poor Can Save Capitalism and Up from Nothing. Named the 2016 Innovator of the Year by American Banker magazine, he is currently the first entrepreneur scholar in residence at Clark Atlanta University.

The podcast begins with John emphasizing the importance of energy and relationships in every aspect of our lives. He narrates his childhood of finding out his genius IQ score but never internalizing it as he continued to hustle his way to success. He attributes his self-esteem to his mom’s unwavering expression of love as he believes that achievements are not “so much about being smart but are about being resilient.” He shares a story about Mike Maples, Jr. to drive home the point of having a winning mentality. “You don’t create a business to sell to Disney, but to buy Disney,” Mike Maples, Sr. said. John also highlights the significance of creating an environment of positive role models for children. “Brilliance is transferable everywhere,” he says.

After a period of working in the entertainment business, John proceeded to do banking and finance. He believes capitalism can be a force for transformational change. With the privilege of education and setting up a candy shop, John realized his entrepreneurial dream and desire to give back to his community. “The color should not be red, blue, black, or white – but how do we all get some green… My calling is to unleash the untapped potential of the bottom of the pyramid.” He points out that the solution to poverty isn’t to distribute wealth but to teach others how to create it. He calls for giving children the incentive to study by teaching business creation and computing and providing internships. In the Great Resignation, more small businesses emerged since 2004, and 38% were owned by Black women.

Tune in to this new episode of the Walker Webcast — The Power of Reinvention with John Hope Bryant. ▶️

Key Points In The Webcast:
00:00 Introduction
00:36 Willy welcomes John Hope Bryant
05:12 John learning his potential and the importance of resilience
11:54 The winner mentality and the early exposure to success
17:25 Paving the way for Black entrepreneurship and John’s why
23:25 An optimistic view on capitalism and free enterprise education
30:00 How John creates long-standing relationships
32:05 The uptick in new businesses after The Great Resignation
45:29 Trusting one’s intuition and practicing fairness
55:47 Why we’re predisposed to financial failure and the solution
58:17 Managing failures and prioritizing love
01:00:18 Why people in power should embrace diversity and inclusion

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