In this episode of Drop the Act, host Chris Key sits down with Richard Wallace, co-founder of Liverpool Media Academy (LMA)—a leading creative institution in media, music, and performing arts. Since launching LMA in 2009 with his brother Simon, Richard has grown the academy into a multi-campus success story, with major backing from Sir Terry Leahy, Bill Currie, and global superstar Robbie Williams.
Richard shares his journey from launching a bold new educational model to becoming a voice for change in how we develop talent across the creative industries. He opens up about the reality of imposter syndrome—even at the top, the evolution of modern education, and why collaboration—not competition—is the key to thriving as an artist or leader today.
From managing burnout to building confidence and culture, this conversation offers powerful lessons in leading with purpose, especially in a world where creativity and performance intersect.
Imposter Syndrome? You're Not Alone – Even the most successful leaders feel it. Here's what to do with it.
Education Is Changing—Are You? – Why the traditional model isn't fit for today's creative world, and how LMA is rewriting the script.
Artists, Stop Competing—Start Collaborating – A fresh perspective on why teamwork outperforms ego.
Balancing Work and Personal Life – The honest truth about protecting your energy in high-demand environments.
Building Creative Confidence – Why belief is the foundation of every success story.
Mindset matters – Believing in yourself—and those around you—is the first step to building something meaningful.
Collaboration wins – Whether in education, business or the arts, shared success beats solo battles.
Lead with empathy – Understanding the human behind the performer unlocks real potential.
Reimagine the system – The world is changing—our approach to learning, leading, and growing should too.
About Richard Wallace: Richard Wallace is the co-founder of LMA (Liverpool Media Academy), a groundbreaking creative institution offering education in media, music, performing arts, and digital innovation. Since launching LMA in 2009 with his brother Simon, Richard has championed a vision to empower the next generation of creatives. With support from Sir Terry Leahy, Bill Currie, and global pop icon Robbie Williams, LMA has expanded across Liverpool and London. As a passionate leader and advocate for collaboration, Richard continues to inspire students and organisations to embrace change, unlock talent, and lead with heart.
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