Answer
$(f~o~g)^{-1}=2\sqrt[3] {(x+3)}$
Work Step by Step
$f~o~g=f(g(x))=f(x^3)=\frac{1}{8}x^3-3~~$ (Replace $f~o~g$ by $y$):
$y=\frac{1}{8}x^3-3~~$ (Interchange $x$ and $y$):
$x=\frac{1}{8}y^3-3$
$x+3=\frac{1}{8}y^3$
$y^3=8(x+3)$
$y=\sqrt[3] {8(x+3)}$
$y=2\sqrt[3] {(x+3)}$
$(f~o~g)^{-1}=2\sqrt[3] {(x+3)}$