Leaders and Followers
In every corner of the world there are followers and there are leaders. Those who are content with laying back to see where trends go, and others – dramatically less in number – who forge ahead, based not on where things are, but where things can be. From Bill Gates and garage start-ups in Silicon Valley to the inception of basketball when James Naismith nailed two peach baskets to opposite ends of a gym in Springfield, Massachusetts, entire industries are created because of vision.
We met with Thaddaeus Koroma, the President of Limit Breakers , a business accelerator firm for A-list celebrities from film, television, music, and sports, looking to wealth-build. The parallel to Naismith is fitting in many ways; as Koroma was once a promising prospect in basketball, until the intervention of fate disguised as a series of injuries suggested he explore other paths.
“In sports,” says Koroma, “it’s never about just working hard, but rather about knowing the game and being able to anticipate the moves. Few players look at educating themselves by reading books, watching tape, and learning game theory. When I first began to learn about NFTs, I approached it with the same mindset. The more I learn [about NFTs], the more I see this is just the beginning. We are standing on the precipice of a new digital world.”
Limit Breakers founded its success on creating a powerful community of clients, investors and successful entrepreneurs to build businesses together. The same goes for digital currencies. Yes, crypto currency is fundamental to their business, but as Koroma explains “I love NFT, much like the company Patrick and I built. We work at it every day but see it in the context of our family’s legacy.” Koroma co-founded Limit Breakers with his cousin, Patrick Sesay. One of their latest endeavors are the entrepreneurial “Broke2Boss Summits” they created just in the past year. Thousands have been in attendance at each of the ten summits in Dubai and throughout Europe. They will continue to grow to larger scale events in the future.
What will happen with NFTs in 10 years?
Now a big focus of their company is working with clients to stake a claim in the digital marketplace. “NFT is no different, he pontificates ..[NFT’s] success is based on the value it brings to communities” and he takes particular pleasure in establishing NFT that has a legacy, a psychology and meaning. “We all want to make money by finding solutions to complex problems.” Besides sports and business, the core of Koroma’s passions is building community. He is one of the founders of Garden of Eden, a charity that focuses on the financial stability of orphans by creating connections and bolstering the success of existing non-profits.
Koroma was one of the thought leaders and investors behind the well-known Mike Tyson NFT (nftyson.com) “Like with Mike’s NFTs, my team didn’t just want to make art.” The Tyson NFT series designed by Corey Vanlewin includes different once in a lifetime experiences: the chance to smoke pot with the champ himself at his compound in Nevada. When we started the talks around what we could do with Mike, none of us saw just how big it could be. Our goal was to create 360 degrees of value and with that mindset you create exponential value and profits.”
Plugging in this kind of utility to NFTs is what separates Koroma and Limit Breakers from the pack. “We can all make money,” he says. “With a reasonable amount of skill and a good head on your shoulders, you can profit from lots of different kinds of business.” But Koroma isn’t satisfied with that, and he encourages his clients to not be either. “When you communicate the vision of NFTs to clients, it’s not about convincing, it’s about opening their minds to a new world. Luckily, the people who are investing in the digital currencies space already aren’t interested in conventional thinking and staying where they are… they’re interested in being ahead of the play.” In other words, not where the ball is, but where it’s going to be.