EP: 230 - From Steel to Skylines: Building $100M Family Empire (Guest:Omar Ali)

Black Wealth Renaissance

Business

4.8 • 1.1K Ratings

🗓️ 7 May 2025

⏱️ 86 minutes

🔗️ Recording | iTunes | RSS

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Summary

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 Leave Us A 5 Star Rating & Review ⭐️⭐️⭐️⭐️⭐️ Get A Free Life Insurance Quote - https://www.chosenins.com/bwrlifeinsurancewebinar 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 https://instagram.com/_jclark06 https://twitter.com/jefeklap

Transcript

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0:00.0	I wake up, hit a hundred push-ups, then I'm at my route.
0:03.4	Check on my stocks, see how they looking. Then I'm sliding out. When you start seeing your progression, you stop having doubts. And what's the point I having clout if you can't cash it out. True to this game and I'm a life, hey, feel like we're fin to change the cycle, eh. Welcome back, wealthy people. It is your boy, David Bellard. I'm here with my brother from another Jalen Clark.
0:02.8	Jailan was now. Welcome back wealthy people. It is your boy David Bellard. I'm here with my brother from another
0:22.4	Jalen Clark. Jalen, wasam. Wasam, wasam with him my brother. How you doing, man? I am great,
0:30.7	fantastic, blacktastic, fandabulous, super caliphysic espialidosci, however you want to call it.
0:39.6	Hey, feeling good, feeling great.
0:41.5	How are you?
0:42.1	You know what I'm saying?
0:43.3	Yes, sir.
0:44.0	Yeah, man.
0:45.0	Yeah.
0:45.6	Well, y'all, welcome back.
0:46.6	It's another beautiful Wednesday.
0:48.7	We've been away for a minute.
0:50.4	I know we told y'all was going to be back every week.
0:53.1	But some things came up.
0:55.1	Some technical difficulties.
0:57.4	Some technical difficulties arise.
1:00.8	Like David just said, we're going through some changes, y'all.
1:04.4	If you're clicking on the podcast app, you'll see it's no longer says revolt under there.
1:09.5	So we parted ways of revolt um wishing them the best
1:13.5	no bad blood over there we just wanted to go back to being on our own getting a few things done
	...

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