About Solomon RC Ali
Solomon RC Ali is a true financial and innovation rainmaker. His company, Solomon RC Ali Corporation, has arranged more than $250 million in structured investment capital and financing for companies across health, energy and technology sectors. Revolutionary Concepts, for which Mr. Ali is acting CEO, holds the smart home technology patent exclusively licensed by Amazon’s RING smart home doorbell and Skybell. Mr. Ali is also host of the podcast, MBA: Minority Business Access, available on Spotify and iTunes.
You can find me online at:
Profitable companies that are interested in ways to raise capital for their businesses can contact me and my team at Solomonrcali.info.
Instagram | Also look for my Podcast “MBA: Minority Business Access” on Spotify and iTunes |
Why Did You Become an Entrepreneur, Speaker, Author, Etc. in the First Place?
My parents were hard working, fiscally responsible people who knew how to save for the things that mattered. They also owned and managed investment properties, but my dad had a 9 to 5 job and I knew I wanted to pursue a different path. I remember at the age of 8, making and selling slingshots to other kids in my neighborhood. I sold hundreds of homemade slingshots and pocketed $300 for myself. That was when I get the entrepreneurial bug and knew I would always make money on my own terms. I love that now, through my company, Solomon RC Ali Corporation, I get to help my clients raise the capital their companies need to scale, gain more market share and eventually go public with my help.
How Do You Deal With Fear?
I pray and I trust and believe in God.
How Do You Deal With Rejection?
I don’t really believe in rejection. Someone can say “No” but it just might be bad timing, or there might be something I am proposing or looking for that is just not aligned with what someone else is looking for. I don’t take it personally.
What’s the Name of Your Company? What Exactly Does Your Company Do, How Do You Help People?
My company, Solomon RC Ali Corporation consults with profitable small and medium sized businesses on the most effective approaches for raising capital and we use our extensive network and pool of investors to raise capital and financing for companies to allow them to build out their infrastructure, scale, gain market share and go public through a DPO – Direct Public Offering.
Name One of the Biggest Challenges You Have Faced and How Did You Overcome It?
I became a young millionaire through owning a chain of nursing homes and assisted living facilities in Los Angeles, and through poor management oversight and youthful hubris I lost everything and had to rebuild from scratch. With more wisdom under my belt, I identified what went wrong and rebuilt stronger in the tech and energy sectors and in private equity investments. I learned that so-called failure is not only okay, but an important step on the path towards sustainable, long term success.
What Piece of Advice Do You Wish Someone Had Given You at the Start of Your Career?
The best advice I have ever gotten is that some of the best deals you will ever make are the ones you decide to pass on. You don’t have to take every deal that comes down the pike. Follow your intuition and don’t be afraid to back out of a potentially bad deal.
Who Are Your Biggest Influences and People You Admire and Why?
Carl Icon, Warren Buffett, William Ackman. All three of them are very successful at what they do. I’m a simple guy and success inspires me.
Name a Person Who Helped You Along the Way?
I wouldn’t be here today without my belief and trust in God.
What Do You See as Your Greatest Success in Life, So Far?
My greatest success in life so far is in gaining a better understanding of who I am as a man. Ultimately, it is my personal successes as a human being that I am most proud of.
What Book Would You Recommend and Why?
I recommend my upcoming book, “Why Black Wealth Matters in White America: Hidden Wisdom of the Wealthy” which will be out in the summer of 2021.
What’s a Personal Self-Talk, Mantra, Affirmation or Self-Belief That Contributes to Your Success?
My personal mantra is “I don’t believe you have to lie, steal or cheat in business. You just have to do the work.”