Episode 58: Joseph Wallace (YMA-Young Millionaires Association)

Joseph Wallace is the founder and CEO of YMA (Young Millionaires Association) Wealth Management Group in Spartanburg, South Carolina. If you are looking for business solutions, Joseph and his team are your “problem solvers.”

“I solve problems. Think about it for a moment. You want to start a business but don’t have a business plan. That’s a problem. You need capital for your start-up, and you don’t have it. That’s a problem. Your credit needs attention. That’s a problem. All of these issues are roadblocks to entrepreneurs. My job is to help navigate and eliminate these roadblocks so business owners can grow and succeed.”

Born and raised in Miami, Florida, Joseph didn’t always have the focus he needed to envision his future. “I grew up in a two-parent household, but there wasn’t always a lot of money. My parents struggled to make ends meet, and sometimes that struggle made for a stressful home environment,” Joseph explained. 

Like many youths, I was seduced by the culture that specific music and movies glorified. He knew the path he was on would lead him to a bad end but not understanding his purpose; he chose to live in the moment.

“Like most kids in my neighborhood, I fell in with the wrong sort of people. My parents and grandmother tried to point me in the right direction, but when you’re young and think you know it all, you don’t listen.”

At twenty-one, Joseph says he took his first steps toward purpose. He joined the US Navy.  The Navy didn’t give Joseph purpose, but it gave him the tools he needed to pursue the purpose of his life. 

“To this day, I am grateful for what I gained in my seven years in the US Navy. I learned fortitude, self-discipline, and a new understanding of respect. These were all of the things I was missing. Most importantly, as a search and rescue team member, I learned to push myself beyond my personal limitations.”

In 2009 Joseph felt that he had exhausted all of his resources in San Diego and was considering moving back to Miami. His mother had recently moved to Greenville, SC, and suggested he come there. “I knew I needed a fresh start, but I didn’t want to go backward. The thing about understanding problem solving is that even if you are the problem, you have to be willing to get out of your own way. I had to learn the difference between my voice and the voice of God. Moving to Greenville was God putting me back on the path to my purpose, and I have never looked back.”

Joseph has grown and expanded his business while helping others realize their dreams of successful business owners and entrepreneurs. 

Joseph and his wife and business partner Rebecca are taking YMA Wealth Management Group to new heights. Their goal is to create a one-stop-shop for all things relating to building or growing your business on a firm foundation. 

To learn more about Joseph Wallace and YMA (Young Millionaires Association) please follow him on Facebook by putting Joseph Wallace in your search box.  You may also follow him on Instagram by putting YMA (Young Millionaires Association) in your search box.  You may also visit their website at www.ymawealthmanagementgroup.com

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