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'Should have kept your day job': Oprah Winfrey reveals naysayers were almost proved right during 'dark moments' following launch of her OWN cable channel

Published: 02:38 EST, 16 October 2015 | Updated: 14:05 EST, 16 October 2015

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Even being a multi-billionaire is not enough to prevent self doubt.

And Oprah Winfrey admitted she completely underestimated the difficulties of launching her OWN television channel during her appearance on The Late Show on Thursday.

The 61-year-old told host Stephen Colbert she went though some very 'dark moments' as her station hit difficulties following her much-heralded launch.

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Even multi-billionaires have problems: Oprah Winfrey admitted her naysayers almost had a field day when her OWN channel hit troubles

The chat show doyenne quit award-strewn spell on The Oprah Winfrey Show in 2011, and she admits she was not prepared for the pressure of her new business venture, even after creator Lorne Michaels, 70, had warned her in advance.

She told Stephen: 'He said "oh baby, you're gonna be in for a huge learning curve, it's going to take you five years and it's going to be harder than anything you've ever done."

'And I'm going, "ahh it'l be OK."'

However she conceded the Canadian comedy king was actually right, moaning, 'It was harder than I imagined.'

You live and Lorne: She admitted SNL creator Michaels was right when he said it launching her channel would be harder than she imagined

Carving a niche: Stephen's quest to becoming the thinking man's late night host continued with another probing interview

'In the heat of the crisis there were people saying 'probably should have kept your day job,' she admitted.

'But when you're challenged in life, I find that you go deeper inside yourself and ask 'what do I really want? Why did I really make this decision?' She mused.

The time of introspection gave the Mississippi-born entrepreneur an epiphany of sorts.

'I wanted to make something that spoke to the spirit of us all,' she said.

Determined: She said that when she was met by challenge the solution is to go 'deeper inside yourself'

Seeing the funny side: The pair shared a chuckle as they chatted about her fledgling channel

The revelation led her to make her show Belief which premiers on the OWN channel this Sunday.

The programme is about a variety of world religions and spiritual paths, and what they mean to individual people's lives.

With Oprah's narration it follows people of varying age groups, across the world.

'It's bigger than religion,' said The Color Purple actress.

'It's about the heart of people, opening up and yearning for something deeper and greater,' she added, noting that some of her subjects were religious and some were atheists.

Master communicator: Stephen used his pen point maneuver as he asked a probing question

Beyond Belief: The chat show doyen said her experiences led to her deciding to make her new show on spirituality

That old trick: Oprah made herself look even more intelligent by donning a pair of glasses

'We had this wonderful rock climber named Alex who says he's an atheist and said he only believes in 'this moment' not in any deities,' she said.

'But his devotion and his passion for life is something that you see throughout the series,' she noted.

Colbert mentioned another one of the show's case studies, a young boy due to have his bat mitzvah in Budapest.

'I love that story,' sighed Oprah, noting the importance of ancestry in the quest for spirituality.

The hand of god: Stephen was lucky enough to shake hands with the messiah of daytime chat shows

A night at the Oprah: She had the audience enraptured with her uplifting lessons on turning failure into success

Standing ovation: She was saluted by the audience who were thrilled to be in her presence

That's not Oprah: Judith Hill looked like a younger version of the media tycoon as she performed a song

The renaissance woman of television noted that one of her favorite tales came from an Aboriginal man who was teaching the 'songlines' to his grandson.

'He said that if he does not teach him, then his grandson will not know who he is,' she noted.

Before Oprah came on Colbert and his band agreed that: 'Oprah makes you feel good'

'She kind of glows, like an angel,' they decided.

'Thank god I don't have to live up to you,' Colbert joked with her when she came out.