What happens when you leave the security of a large firm and decide to bet on yourself?

In this episode of Simply Business, John Jennings sits down with Steve Wallace, Managing Attorney and Founder of Wallace Law, a multi-state law firm serving clients across Florida, Texas, and New York. With more than 26 years of experience in bankruptcy, real estate, distressed assets, and business law, Steve brings both a legal perspective and the firsthand experience of a longtime small business owner.

Steve shares why he chose entrepreneurship over the traditional big-firm path, what it means to operate without a safety net, and why adaptability is essential to building a sustainable business. He and John also explore financial discipline, scaling responsibly, the challenges facing small businesses today, and the importance of knowing w ...