In this episode, David Bellard and Jalen sit down with Omar Ali—entrepreneur, community leader, and commercial real estate developer. Omar shares his journey from early bankruptcy to building a global steel fabrication business, then pivoting into real estate. He breaks down the impact of tariffs, the challenge of accessing capital, and the systemic barriers Black entrepreneurs face.
The conversation explores the power of failure, the importance of generational wealth, and the need for economic empowerment within the Black community. Omar discusses leveraging sole-source government contracts, building a 300-year family legacy plan, and fostering authentic business relationships. He also calls for a singular focus on economics before addressing other social issues and stresses the importance of teaching emerging technologies like AI to future generations.
Key Points
13:39 - Guest Intro
15:07 - Going Bankrupt at 24 Years Old
20:09 - What made Omar Pursue The Steel Industry
26:59 - How To Secure Global Business Contracts
30:28 - How Tariffs On The Steel Inspired Commerical Real Estate Development
46:58 - Politics and Economic Empowerment for Black Entrepreneurs
54:17 - The Singular Focus of Economic Empowerment
57:27 - Consulting for Black Business Growth
1:17:37 - Outro
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Keep Up With the Guest
Instagram - https://www.instagram.com/omarali_oaa/
Website https://omar-ali.com/
Get Business Consulting - https://stratosforgeconsulting.com/
Keep Up With the Hosts
David Bellard
https://instagram.com/david_bellard
https://twitter.com/daviddagoliath_
Jalen Clark
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