Afrigather Joseph James Nantomah, extensively generally known as The Black Mentor, is a notable Nigerian millionaire and philanthropist within the diaspora. His entrepreneurial exploits in mentorship, investments and actual property have earned him recognition from a number of establishments, together with Who’s Who Professionals, the “Who’s Who in America”, and even former US President Donald Trump with the Presidential Honours Roll.
Enterprise Elites Africa caught up with Nantomah to realize insights from this trailblazer bringing his extremely profitable mentorship programme, Wealthflow, to Africa.
BEA: What’s your successful recipe for changing into a self-made millionaire?
Joseph Nantomah: The notion that anyone’s a self-made millionaire will not be at all times true. Some individuals will say that, and it seems the truth is; no one’s an island. And one tree can not make a forest besides as a non secular idea.
I can’t say I merely awoke and have become a self-made millionaire. No, I had individuals who helped me alongside the best way. The key recipe is constructing relationships wherever you go. You recognize, simply as, you already know, each in Africa and right here in america, we have now one thing in frequent; it’s referred to as individuals.
Once you go into an surroundings or a line of enterprise and need to develop, it’s important to discover the individuals operating that present. If it’s in journalism, it’s worthwhile to get into the surroundings and develop relationships with people who find themselves in journalism. In my very own case, it was actual property. Once I got here right here, I needed to discover my area of interest. I needed to discover individuals who have been doing this factor that I wished to change into profitable at doing, whether or not it meant paying, giving providers, or constructing relationships.
The problem with a whole lot of upcoming enterprise individuals is that they don’t need to be in relationships. They need to get up, have entry to you, and growth, you give them one million {dollars}. It doesn’t work that means. So what I did was I needed to begin constructing relationships, and a few of them price me cash. The primary cash I used to put money into myself in america was $997; for my home hire. All I had in my checking account was $1,050. I took that danger, made certain I paid to get into that circle, and the remainder is historical past.
BEA: What would you say is an indication to take a leap of religion?
Joseph Nantomah: It’s a must to perceive that life itself is so easy. If you happen to can not clarify life to your eight-year-old youngster, you’ve probably not caught it. That is how I clarify it to my youngsters; life is monkey see, monkey do. See what somebody is doing and duplicate it. Success will not be hidden. Success is in entrance of us day by day.
They’re individuals who have finished it, like Aliko Dangote; go and research what they’ve finished, how they did it; the choices they took. In my very own case, actual property. I’ve nice actual property people who I may see doing it in america. The likes of Grant Cardone, JT Foxx, Warren Buffet, Donald Trump.
What made my job simpler began on the twenty second of Could 2017, I used to be with my immigration lawyer to signal my papers for making use of for immigration in america. I completed signing it, and paid. and requested, “What subsequent; What do I get?” He was like, “Dude; you’re not getting something. You’ve bought to attend for just a few months. We’ve bought to course of this documentation.”
I keep in mind that day as a result of it was my daughter’s birthday. As I used to be about to step out of his workplace, he checked out me and stated, “Oh, effectively, Joseph, possibly you qualify for a library card.”
And I held on to that actually. In order I left there and went to the library, I began studying. That yr, I learn 54 books. Each profitable one that has ever written a ebook has put their secret inside their ebook. The query is, are you studying it? Are you going for it? What it did was work on my mindset. This pushed me to change into impressed and motivated.
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BEA: How have been you capable of scale your companies in 6 years?
Joseph Nantomah: This is the reason I’m referred to as the primary African mindset coach in America. The whole lot you need to do on this life begins together with your thoughts, which is why I don’t let anybody play with my mindset. They’re sure issues we used to listen to in Africa that get caught in our minds. You’ll hear that “gradual and regular wins the race.” In America, it’s quick and constant wins the race.
In Nigeria, we market by dropping a letter and following up. In Nigeria, we market by dropping a letter and following up. You don’t do this in America; right here, we use a whole lot of digital advertising. I can sit right here and design a marketing campaign commercial with my group; I’ll goal how many individuals I need to attain by their age bracket, the form of cash they’re making, and different demographics. I can do that in lower than twenty minutes which is quick, after which I’ll do it each single week persistently.
What helped me was that I bought into relationships with individuals who have been already profitable. One in every of my coaches is price $6 billion. That form of individual educating you is acceleration. I knew what to do I had the blueprint, and I took motion. The rationale why individuals don’t get to the place they need is that they maintain planning and replanning. They sit and discuss, however they don’t take motion. It doesn’t should be huge, as a result of small actions result in greater ones. As I used to be studying inside the first 90 days, I made my first $8000. I didn’t use the cash to purchase a gold chain; I reinvested it in my enterprise.
BEA: What mentor programmes do you propose for Nigeria and Africa?
Joseph Nantomah: I’ve 16 companies that I run; certainly one of them is Mentor America, which I’m utilizing to educate many individuals right here in america. Late final yr I used to be on the seaside in Tampa, and it got here like a breeze. I heard this voice say, “you’ve made some huge cash, however cash will not be the principal factor, give wealth.” So that you can be rich, it means you’re able to construct an empire.
When you have got a profitable enterprise, you may run it by yourself, however when you have got an empire and construct wealth, you want individuals. So I needed to launch a brand new model referred to as Wealthflow. It is because individuals want data. Individuals attain out to inform me that they took a mortgage and may’t pay it again as a result of they don’t have the data to multiply that cash.
BEA: What are a few of your favorite books?
Joseph Nantomah: I prefer to learn books which might be that has stood the take a look at of time. One in every of my favorite books is over 100 years previous. It’s referred to as The Science of Getting Wealthy by Wallace D. Wattles; it’s a ebook I’ll advocate to anybody who desires to achieve success. Suppose and Develop Wealthy by Napoleon Hill, as a result of I’m an enormous advocate relating to thought and mindset. It’s a ebook that may change your mindset, and the second this modifications so many issues about you’ll change. How one can Make investments Like a Millionaire by Bonita Pleasure Yoder, can also be an excellent one as a result of on the planet we’re residing now simply working and saving cash is not going to assist anyone; you’re not going to get there doing that. However if you make investments, and you understand how investments work, you change into a frontrunner within the business. Go searching you, all essentially the most profitable individuals, the Otedola’s of this world, the Dangotes, and Mike Adenugas; they’re all traders.
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