Celebrating Black History Month

By Darlene L. Williams, Contributing Writer

BAKERSFIELD, Calif. — Frederick Prince is the President of Omega Financial and Insurance Services in Kern County.  Mr. Prince provides his clientele with “over 80 choices of insurance carriers,” and provides coverage for the entire family as well as complete coverage for business owners. The agency services clients throughout California, Nevada, Arizona, Texas, and Georgia. 

In recognition of Black History Month, celebrations are in order for the immeasurable number of African American men and women who through resilience, strength, and courage stood in the face of adversity and contributed to our rich and undeniable history; we are better because of such impartation.  

The same rings true for Frederick Prince.  In continuing its month-long tribute to black greatness in Bakersfield, the Bakersfield News Observer (BNO) shines the spotlight on Prince for his dedication, courage, and commitment to black excellence and black history. In this week’s special edition of, IN THE SPOTLIGHT, the BNO reached out to Prince for a candid Q and A –to share his story.

BNO: Name, age (if you don’t mind sharing) 

A: Frederick Prince, 55

BNO:  What’s the name of your company/practice? 

A: Omega Financial and Insurance Services

BNO: How many years has your business been in operation?:

A: 21 years

BNO: How are you adjusting to the pandemic and how has it impacted your business?

A:  I have adjusted by being flexible with remote working for my employee’s and adjusting our public walk in hours. We have used technology to help more how we operate by being able to obtain business and help customers via not meeting in person.  

BNO:  Do you believe in dreams? Why or Why not? 

A:  I believe in the possibilities of what dreams can produce.

 BNO:  Who do “You” say that you are? 

A:  I am my Brother’s keeper. I consider myself a bridge builder. 

BNO: If you could speak to your younger self, what would you say?

A:  Be more disciplined and think bigger.

 BNO:  Since wealth constitutes to more than just money, what does wealth mean to you?

A:   Wealth to me means Self (human Capital), Relationships (Social Capital), Values (Cultural Capital) and money (Financial Capital)

 BNO:  Did you face challenges such as: rejection, ridicule, lack of support or resources, if so, how did you handle it? 

A:  Yes, in my industry there are quite a few Black insurance agents (ie State Farm, Farmers, and etc.); but, very few Black independent insurance brokers. One of the reasons is because it is very hard to break into this type of business because you are totally on your own in establishing your business. Although there were a lot of obstacles and roadblocks, I treasure my Brother who gave me the experience and strength in how to do it.  

 BNO:   Do you believe that it’s important to be personable with people who have not made it as far as you have? Why or Why not? 

A: I love people from all segments of society and I treat them all the same. I learn so many unique things from all types of people. I try to be a good neighbor to everyone. Hopefully I can be that example of with hard work, anything is possible.

BNO: What has been your greatest accomplishment(s)? 

A: All 3 of my Children graduating from college.

 BNO:  What advice would you give to an aspiring businessman or businesswoman? 

A:  Educate yourself as much as possible and try to learn form the best in that field. Focus on being two times better than your competition. Always put yourself in the shoes of the customer that you are serving and ask the question, would you be satisfied.  

BNO:  Share something about yourself that (I) didn’t ask and (we) don’t know: 

A:  I have had the pleasure of serving as Chairman of the following Boards in the community:

           Kern County Civil Service Commission

           City of Bakersfield Redevelopment Agency Board

           The Downtown Business Association

           Omega Psi Phi Fraternity Inc Bakersfield Chapter

           Kern County Black Chamber of Commerce

           Currently serving on the City of Bakersfield Measure N. committee (Sales Tax Bond)  

           Currently serving on the Trustee board of Cain AME Church

           Married to my wife for 29 years, Stephanie Prince, along with our 3 children (Joni, Zachary, and Braxton).

Fredrick Prince and wife Stephanie Prince (Courtesy Photo)