We were lucky to catch up with Omai Kofi recently and have shared our conversation below.
Omai, thanks for joining us, excited to have you contributing your stories and insights. Let’s start with a fun one – what’s something you believe that most people in your industry (or in general) disagree with?
People underestimate The Power of Woulda, Shoulda, Coulda! I love the book, “Life in Half A Second” by Matthew Michalewicz. More specifically, I have fallen in deep emotion with Chapter 5. Without giving the book away, just know I tapped into The Power of SWC. Instead of complaining about what happened, what didn’t happen, dicing into deep wishes and battling hopes, I just wrote down what I should have done, would have done and could have done and START DOING IT. 90% of the time I grow to Real Eyes (not a typo), that everything worked out exactly as it was supposed to!
Most people say, if I had to do it all over again I wouldn’t change a thing. As for me I would change a lot! So I create those opportunities for change verses complaining. Creation is the cure to complaining for me.
I would’ve raised money before boot strapping it with any business and the shooting of my first film. I on-the-way’d-it way too much. I got addicted to struggle culture and was always busy with little to show for it. I would 1. Raise Funds 2. Build A Diverse Team 3. Execute more than we strategize and plan. (This means have working-meetings, clear action items, and a task empowered work ethic).
I could’ve definitely used more business credit verse my own money!
I should’ve gotten my family involved a lot more earlier on in my endeavors. We all work together on different ways now and it’s amazing.
Great, appreciate you sharing that with us. Before we ask you to share more of your insights, can you take a moment to introduce yourself and how you got to where you are today to our readers
I was the school kid never in school because she was always off campus in some leadership conference, mentoring and teaching other students, or at an athletic competition. This means I had to still handle my educational studies and classroom responsibilities outside of the normal school setting and school hours. I was groomed for leadership and did not consider it until I saw my child exhibiting the same exact characteristics 30+ years later. My name is Dr. Omai Kofi (Dr. O), a Spiritual Wealth Strategist for my own management and alternative investment firm, OMAI, Inc. (Omai Management & Alternative Investments). As a full time accredited investor, it’s been a passion play to help others discover the power of joining Robert Kiyosaki’s ‘I-Quadrant’. I am a First Generation Millionaire breaking 3 generations of welfare off my bloodline. I have a purpose of freedom that I am passionate about sharing with everyone I can impact. In 2006 I Founded The Board of Literacy a 501(c)(3) Fin Lit foundation for youth ages 6 – 24. Our entire mission is to advance the financial quotient of our youth. We don’t want to send enriched children to broke homes so, In 2011 I created Community Economic Opportunity (C.E.O.) and flew in Black Billionaires and Millionaires to the city of Dallas to teach communities how to successfully begin and maintain their journey in building a legacy. We used Mark Cuban’s Landmark Theatre to watch African American wealth-building educational documentaries and discuss the content after. These successful events led to us creating The Wealth Hackathon Platform where we have determined that wealth is your birthright, wealth is your civil right. These platforms provide wealth driven financial literacy and introduce sustainability measures to underserved and underrepresented communities all over the world, starting with our own city.
My background was rooted in communications, being casts in reality shows, commercials and special segments aired on NBC, BET, Vh1, TLC, I had a strong desire for media and entertainment. After becoming a network producer, I found that no matter how powerful you were you couldn’t beat The Hollywood Triangle. Without diving to deep, you needed money! So I started working in the investor relation departments of entertainment studios and projects. Raising capital became a power plant to my career. I couldn’t get enough of it. As challenge as it was, I lived it! I loved it too. I was a runway model, turned actress, turned writer producer director in under 7 years and I was proud. I was even homeless 3 of the 7 years and was unstoppable. After meeting a Black Billionaire for the first time in my life in 2009, working with Xernona Clayton and The Trumpet Awards, I decided I wanted to level up in my financial world. I became skilled at networking with High Networth Individuals (HNWI). I began learning finance and economics from them. I enacted a 180, and shifted into the world of finance after that. Eventually I took an Alternative Investments certification through Harvard Business School, as well as obtained my life insurance license to better service my networks. I can now offer wealth management resources and alternative investment options more confidently at my firm. I am not a financial advisor, but I am a wealth strategist. Our services help you create your own personal wealth portfolio, estate planning products and investment opportunities. We solve personal and business financial issue through a mastermind approach to critically thinking about money, and building out your own economy. We operate more in-depth and interpersonally than we’ve witnessed in the industry. We teach you how to fish so you don’t have to rely on our services for long periods of time.
We assist you with creating legacy plays and executing those creations consistently and expansively. People who have no idea where to start or those who have no time to manage their affairs contact us. We do not take on everyone as a client, but we do provide strategies that are universal for anyone who’s interested. We create wealth packages tailor made for each person and we also help manage various networks who want to build multigenerational wealth as a collective.
How did you put together the initial capital you needed to start your business?
Every time is see anyone of these 1,700 newly created millionaires per day, I always wonder, where did the get the money from to get started. No matter how much I’ve done, I am always curious on each person’s story. One common thread I’ve located about business funding was they sold themselves more than their company. They also believed in their own ability to demonstrate a strong attitude towards doing something great.
The initial capital I raised for most of my companies was having a job. Before You Quit your job by Robert Kiyosaki is literary gold. I took a lot from the concept of using an employer as an investor. Personally I figured a job can assist you with stable tax returns which you can use to build personal and business credit. So I started there. My credit was so good at one point in starting my business that the system itself approved me for 6-Figures. So having goof credit was one way I discovered hands/on to fund my business endeavors.
I also created savings clubs, trading clubs and investment groups. Building s network was a way to have an internal Networth of human capital that far exceeded finances any day. One summer our ROSCA accumulated 7-figures in 60 days. It is important to have legal professionals and business experts assisting with set up and management of any entity that you are using to help with capital.
Lastly, now that I know now what I know now, I use the Infinite Banking method to fund most of my endeavors. This means I use my cash value from my life insurance policy to take care of new investments, Cashflow and often my lifestyle as well. Becoming your own bank is a superpower. It’s one if the best decisions I’ve ever made in my personal and business developments.
What’s been the best source of new clients for you?
The best source of new clients for my business and industry are referrals. They have been stable, and constant enough to keep me growing. I have used social media, Wealth Hackathon Podcast and traditional media to gain new business as well. Speaking at events and on other people’s platforms is a great endorsement power I utilize a lot over the years. It truly works wonders.
Contact Info:
- Website: https://MeetDrO.com
- Instagram: http://www.instagram.com/Dr.OmaiKofi
- Facebook: http://fb.me/DrOmai
- Linkedin: http://linkedin.com/in/omai-kofi-743622191
- Twitter: https://mobile.twitter.com/DrOmaiKofi
- Youtube: https://www.youtube.com/user/OmaiMorningKofiShow
- Other: https://TheBoardOfLiteracy.Org
Image Credits
They have logos if they are professional shots all others were taken with my own personal phone.