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Thinking of financing a car, business equipment, or something big**?** Before you commit, tune into this episode where financial coach Karen G Adams and asset finance expert Kate Sheldrick break down how to borrow wisely without blowing your budget. We cover: ✔️ When financing makes sense (and when it doesn't) ✔️ How to avoid costly mistakes with asset loans ✔️ The #1 rule before signing any finance deal ✔️ Real-world tips for self-employed professionals & families
In this episode of Paisa Vaisa, Anupam Gupta sits down with Harshvardhan Lunia, Founder & MD, Lendingkart understanding the world of MSME lending and how small businesses across India are being funded like never before. They cover the rise of digital lending, regulatory challenges, and what makes MSME finance both promising and risky. Harshvardhan shares real insights from disbursing 3 lakh loans across 4,100 towns, and explains why some fintechs failed while others survived. How do you lend to someone without a credit score? What’s the tech behind modern loan approvals? If you're a business owner, fintech enthusiast, or just curious about how lending works in India—this one's for you.
The Action Academy | Millionaire Mentorship for Your Life & Business
Connect with Jack McColl here. Want To Quit Your Job In The Next 6-18 Months Through Buying Commercial Real Estate & Small Businesses?
In this episode I catch up with my Cousin Russ. He is a wonderful human being and joy to talk with. He is a established mountaineer and holds a master in Business Financing. His story of near life death couldn't be more humbling. Enjoy, and as always thanks for listening. -erbe-
Key Takeaways: Master Your Income Statement: Regularly review it to ensure your business earns more revenue than it spends. Understand Your Balance Sheet: It's a vital snapshot of your assets, liabilities, and equity, helping you evaluate financial health. Monitor Cash Flow: A positive cash flow statement signals strong financial management and liquidity. Combine Reports for Clarity: Analyze the income statement, balance sheet, and cash flow together for a complete financial picture. Strategic Investments: Use insights from your balance sheet and cash flow to make decisions that boost shareholder value. Chapters: Timestamp Summary 0:00 Understanding Financial Statements to Boost Business Value 1:30 Understanding Income Statements for Financial Health 2:51 Rethinking Balance Sheets for Business Growth 4:38 Balancing Assets, Liabilities, and Equity for Business Growth 6:11 Understanding Financial Statements for Better Business Management 8:08 Leveraging Real Estate for Business Financing and Cash Flow 9:35 Understanding Balance Sheets, Cash Flow, and Investment Strategies 11:13 Understanding Financials to Enhance Business Profitability and Growth 12:38 Investment Risks and the Importance of Professional Advice Powered by ReiffMartin CPA and Stone Hill Wealth Management Social Media Handles Follow Phillip Washington, Jr. on Instagram (@askphillip) Subscribe to Wealth Building Made Simple newsletter https://www.wealthbuildingmadesimple.us/ Ready to turn your investing dreams into reality? Our "Wealth Building Made Simple" premium newsletter is your secret weapon. We break down investing in a way that's easy to understand, even if you're just starting out. Learn the tricks the wealthy use, discover exciting opportunities, and start building the future YOU want. Sign up now, and let's make those dreams happen! WBMS Premium Subscription Phillip Washington, Jr. is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and, unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance.
AmiSights: Financing the Future For Small Business Owners and Entrepreneurs
In this week's AmiSights Podcast, we dive into Joe McAleer's journey and experience as Senior Director of Business Financing at MultiFunding. Joe talks about how he knew MultiFunding was the right fit from his first visit 11 years ago. He shares insights into MultiFunding's unique approach, where the team acts as analysts first to ensure every loan opportunity is carefully evaluated and presented in the best light. “We are so hands-on; you know we are analysts before we are brokers. We dig in, we understand things, and we make sure that we're positioning an opportunity—or a loan request—in the best light possible. We also focus on understanding potential hurdles, the rules and regulations, and how we're going to guide and advise people. Ultimately, we position them with the best resources to create success." We discuss key insights from MultiFunding, including how the team's approach focuses on thorough analysis before acting as brokers, ensuring they position each loan request in the best light possible. We also explore how a prospective business buyer's personal debt and financial needs impact their loan eligibility, as well as the unpredictable journey of running a business, which often follows the natural ebbs and flows rather than a straight line. Connect with Joe: https://www.linkedin.com/in/joseph-p-mcaleer-42939085/ Interested in growing your business? Get started with one of our advisors today: https://www.multifunding.com/contact-us Recorded on 10/18/24
This evening on Entrepreneurship w continue our business financing discussion and we talk to an asset manager about his role in a business and a business requires such a person and the significance of what they do. An asset manager is a top-level professional focused on managing assets belonging to clients or corporations, including tangible and intangible properties. Their work is essential in maximising profitability and reducing financial risks by making informed investment decisions. As usual were joined by Andisa Ramavhunga, Group Chief Advisor at Ntiyiso Consulting Group with a special guest, Siya Mayekiso, Asset Manager at Volantis Capital.See omnystudio.com/listener for privacy information.
Check out this episode wherever you like to listen or watch podcasts! Episode Page: https://vinneychopra.com/podcast/ Youtube: https://youtu.be/xE6IagYn9zI Spotify: https://spoti.fi/423B4fz iTunes: https://apple.co/3tQ9Tsf ---- To learn more about how Vinney can help you, click here - https://linktr.ee/VinneySmileChopra Smile Always and Be Happy! -----
Welcome to the ultimate guide on securing financing for your business acquisition using SBA loans! In this video, we delve deep into the strategies and techniques required to navigate the complex world of business acquisition financing. From analyzing financials to structuring deals, we cover it all to ensure your success in acquiring the business of your dreams. Join us as we uncover the secrets to mastering SBA loans with expert insights and actionable advice! If you'd like to meet with Beau to talk financing, book a call here ( http://bookwithbeau.com/ )
This evening on our entrepreneurship feature we talk about business financing. We look at; what are the requirements to get a business loan in South Africa, what are the pros and cons of business financing, how do businesses finance their business, in what cases might a business seek short term financing, etc and we are joined by Andisa Ramavhunga, Group Chief Advisor at Ntiyiso Consulting Group.See omnystudio.com/listener for privacy information.
Whether you're just beginning your journey on building your pet business or have an existing facility that you're looking to expand upon, you're going to need some money. For most, that will mean getting financing from a bank. To make that a pain-free and successful process you need to understand how it all works and what you need to do. To help with all that, I invited Claire and Jacqueline from Live Oak Bank back on the show to give you the honest truth on the options available to you and how to make your lending experience as smooth as can be.
Unlock business success with Piers Linney on the Bizx Podcast! In this electrifying episode, we dive deep into the world of business financing with Piers, a renowned Dragon Investor and star of "The Secret Millionaire." Piers shares his tried-and-true methods for raising finance, including the Seven Plus One Steps crucial for securing financing. He opens up about the heart-wrenching sacrifices he made for his success and reveals untold secrets from behind the scenes of Dragons' Den. This episode is packed with expert insights, personal stories, and practical advice that aspiring entrepreneurs cannot afford to miss.Beyond financing, Piers discusses the importance of maintaining balance between work and family life. He offers valuable tips on how to be present with your loved ones while managing the demands of a growing business. Learn about the financial and emotional sacrifices entrepreneurs often face and how to navigate these challenges to achieve a successful and fulfilling career. Piers emphasises the significance of understanding opportunity costs and making informed decisions to ensure long-term success.Additionally, the episode explores the role of technology in modern business. Discover how AI and automation can streamline operations, reduce costs, and enhance productivity. Piers shares real-life examples of businesses that have successfully integrated technology to transform their models and stay competitive. Plus, get an insider's view with exclusive revelations about the secrets of the Dragons' Den TV show. Whether you are interested in leveraging crowdfunding, seeking angel investors, or optimising your operations through technology, this episode provides comprehensive insights to help you grow your business. Subscribe, download, and tune in now to transform your business with the Bizx Podcast!#bizxpodcast #businessexcellence #business #businessgrowth #actioncoach Hosted on Acast. See acast.com/privacy for more information.
Ami Kassar is the Founder and CEO of MultiFunding, a company helping businesses achieve their growth goals through creative and personalized funding solutions. He authored The Growth Dilemma, is a regular contributor on the current state of the financing market through his weekly articles in Inc., and has provided valuable advice to the White House, the Federal Reserve Bank, and the US Treasury Department. Ami has been interviewed by numerous national publications, including The New York Times, Huffington Post, The Wall Street Journal, Entrepreneur, and Forbes. In this episode… In a dynamic business landscape where financial challenges can make or break a company, how do entrepreneurs effectively navigate the complexities of business financing? This is a question that many business owners grapple with as they seek to grow and stabilize their ventures. According to Ami Kassar, a renowned expert in business finance, the key lies in understanding and strategically utilizing various financing options, such as SBA loans and debt management techniques. Ami emphasizes the importance of a clear understanding of one's business model, the right approach to equity investments, and the necessity of adapting financial strategies in response to changing market conditions. This approach to financial planning not only mitigates risks, but also paves the way for sustainable growth and resilience in the ever-evolving world of business finance. In this episode of the Inspired Insider Podcast, Dr. Jeremy Weisz is joined by Ami Kassar, Founder and CEO of MultiFunding, to delve into the intricacies of business financing. They discuss strategic approaches to managing debt and leveraging SBA loans, the impact of equity investments on a company's financial options, and practical tips for adapting to economic uncertainties.
In this episode, join our host Craig McGrouther as he sits down with special guest Ken Manesse, a seasoned entrepreneur shares his tips on learning how to cultivate a vibrant and positive company culture that fosters innovation, navigating business challenges and more. Ken also shared his expertise on effective sales strategies, providing actionable insights that can transform your approach to selling and enhance your business.To never miss this opportunity to learn from industry experts, tune in now!Learn more at www.lscre.com Follow Rob Beardsley:YouTubeFacebookLinkedInRead Rob's articles:https://www.lscre.com/blog
Tune in as we discuss the essential topic of helping business owners access the capital they need. In-studio, Michael Pierce, Owner of US Capital Lenders, shares expertise on navigating the path to business growth!
In this insightful episode of Mundane Millionaires, hosts Kevin Henderson and Eric Pacifici welcome Matthias Smith from Pioneer Capital. Matthias, a seasoned expert in SBA lending and business buying, dives into his professional journey, highlighting his transition from corporate roles to founding his own firm. His experience in SBA Lenders in a closing processing role and his passion for entrepreneurship through acquisition set the stage for an engaging discussion. The conversation shifts to the nuances of SBA debt brokering, where Matthias's success is evident through his impressive transaction volume. His approach, focusing on the best interest of searchers rather than a sales perspective, provides a unique and valuable viewpoint in the field. His insights into navigating the complexities of bank negotiations and options available to clients underscore his expertise. Matthias concludes by offering advice for business buyers and highlights the services provided by Pioneer Capital. His commitment to facilitating smooth financing processes for deals, particularly in the million-dollar range, showcases his dedication to supporting entrepreneurs and business buyers in their ventures. Support the showThanks for listening! Be sure to leave us a 5 star review and share this episode with your friends!For more content from Mundane Millionaires, follow us here: Twitter Instagram Facebook Youtube TikTok Sign up for the free Business Buying Masterclass at https://masterclass.thesmbcenter.com!For more content from our hosts, Kevin and Eric, following them here:Kevin: Twitter LinkedIn Instagram YouTube TikTok Eric Pacifici Twitter LinkedIn Instagram
Believe It Or Not … Your Website and Business Email Can Be Crucial When it Comes to Getting a Business Loan. Come join us on our live training event to discover our fundability focus on your business email and website. During this Livestream, you'll discover … ✅ How your business's online presence can make a difference in fundability ✅ Why well put-together website matters to your business… ✅ … and how a professional email address can help you get business financing ✅ How your email address can show up on your LexisNexis report… ✅ … which can be a part of how lenders and vendors decide on whether to loan you money… ✅ … or extend terms to your business ✅ How inconsistencies in your business information can cause funding denials… ✅ … including what you should be on the lookout for ✅ How your online presence can help you convert more prospects into customers ✅ How your online presence can make a difference in areas of fundability… ✅ … like your industry and your business address ✅ Plus a bonus section on what your business website should have… ✅ … like speed and easy to follow navigation ✅ Credit Suite can help your business enhance its fundability in all sorts of ways And for more information on business funding, be sure to check out
Learn how to effectively engage the support of banking professionals for your business loan with Ever Wonder Knowledge's online course. “How To Get Your Business Financed” teaches you everything you need to know to get your loan approved. Learn more at http://bit.ly/41gvwgk Ever Wonder Knowledge City: Singapore Address: 1 Oxley Rise Website https://www.everwonderknowledge.com Phone +1-757-231-3068 Email presidentceo@everwonderknowledge.com
Joe McAleer is the Senior Director of Business Financing at MultiFunding, which helps businesses achieve their growth goals through creative and personalized funding solutions. The team at MultiFunding has a robust network of relationships with hundreds of nationwide and global lenders to ensure they find the best business loans available for their clients' unique circumstances. With over 15 years of experience in the finance industry, Joe has worked in both small and large corporate structures worldwide. In his role, Joe's expertise is in SBA loan facilitation, and he has found his passion in helping current and aspiring entrepreneurs utilize SBA loans to purchase businesses. In this episode… SBA loans are a great way to fund a business, whether you're looking to acquire a company, scale an existing business, purchase equipment, or expand into new markets. Once you identify your needs, how can you qualify for an SBA loan? The Small Business Administration (SBA) is known for its strict requirements and lengthy application process, making it challenging for many business owners to obtain financing. However, don't let this discourage you from pursuing your business aspirations. Joe McAleer shares some new SBA regulations that favor entrepreneurs. However, he recommends hiring an experienced SBA broker rather than using your bank to obtain funding. A broker can guide you as you navigate the complex application process, ensure you meet all the eligibility requirements, and find the right lender for your specific needs. In this episode of the Quiet Light Podcast, Pat Yates and Chris Duty sit down with Joe McAleer, Senior Director of Business Financing at MultiFunding, to discuss the intricacies of SBA loans. Joe talks about how entrepreneurs can leverage SBA loans, how to qualify for financing, why using a broker is advantageous, and how the new SBA regulations impact acquiring a business.
Find out what Apple, GMAC, Chipotle, Sbarro, Google, Texaco and others have in common. Did they borrow or did they almost lose it all? Today's episode is sponsored by Table Needs. How to Create a Successful Food Truck Business: Lessons from Restless Coffee's First Year. Check it out here: https://hubs.ly/Q0236TBC0 My Newest Book – Food Truck 201: Get Off the Truck! https://www.amazon.com/dp/B0B5F2ND5W Get on my schedule for a free no obligation call. https://calendly.com/bill_moore/fttg-introductory-coaching-call Check out the best Food Truck group on Facebook https://www.facebook.com/groups/FoodTruckTraining We have video training on our YouTube channel. https://www.youtube.com/c/foodvendorreality Support the pod with a monthly donation. https://anchor.fm/food-truck-training/support Or offer one time support here. https://www.moorebetterperformance.com/store/p7/10_Minute_Food_Truck_Training_Pod_Cast_Support.html Intro Music: Just Breathing by NEFFEX https://www.youtube.com/channel/UCBefBxNTPoNCQBU_Lta6Nvg --- Support this podcast: https://podcasters.spotify.com/pod/show/food-truck-training/support
In today's episode of the IC-DISC Show, we chat with Jerry Vaughn, founder and president of J Gault, a company revolutionizing business financing. Jerry explains how J Gault enables Main Street businesses to reap corporate credit opportunities by leveraging their EINs and NOT having to provide a personal guarantee. He shares insightful stories of entrepreneurs who, thanks to J Gault, secured lower interest rates and increased funding despite lacking revenue history or business plans. As Jerry describes, J Gault's approach prepares companies for economic uncertainty while ensuring they emerge stronger. Whether you're an entrepreneur looking to scale up or a small business owner pursuing growth, this discussion with Jerry Vaughn illuminates the transformative potential available by accessing business credit innovatively.   SHOW HIGHLIGHTS The episode features a conversation with Jerry Vaughn, the founder and president of J Galt, a company revolutionizing business financing. Jerry explains how Main Street companies can leverage their Employer Identification Numbers (EINs) to build corporate credit and access competitive rates. Real-life examples, such as Randy, a contractor from North Carolina, and a real estate investor from Texas, demonstrate how J Galt has helped transform businesses by improving their funding. Jerry emphasizes that J Galt's approach is not just about securing funding, but also preparing businesses for unpredictable events and ensuring their resilience. One of the major benefits of J Gault's approach is allowing smaller companies to avoid personal guarantees when accessing corporate credit opportunities. The company offers a membership program that provides lifetime support, including cash flow management services, business valuation assistance, and exit strategy planning. There are rules for "fundability" that businesses need to adhere to, such as having a business bank account, a registered phone number, a website, and a corporate email address. Building company credit on the EIN number and avoiding personal guarantees is a secret to accessing cash flow, according to Jerry. Jerry mentions that the mission of J Gault goes beyond merely selling—it's about serving and educating entrepreneurs and small business owners. The episode emphasizes that just because a business is labeled small doesn't mean it has to stay that way. With the right financing strategies, businesses can scale and grow. LINKSShow Notes Be a Guest About IC-DISC Alliance About J.Galt Finance Suite GUEST Jerry VaughnAbout Jerry TRANSCRIPT (AI transcript provided as supporting material and may contain errors) David: Hi, this is David Spray and welcome to another episode of the IC-DISC show. I had a great guest on today, jerry Vaughn, who's the founder and president of J Gault, and for those of you who are big and Rand fans, you may recognize that name. It's inspired by the character John Gault from the book Atlas Shrug by Ayn Rand. So J Gault is a disruptor in the business financing world and basically they allow main street companies privately held, closely held, small to medium sized companies to get access to the same corporate credit opportunities that large public companies have. And one of the biggest benefits of this approach is it allows smaller companies to get rid of the personal guarantee. I know for many of my clients that's one of their big frustrations is they really don't want to be personally guaranteeing business credit, business debt. Oftentimes it's because their spouse isn't keen on using their house as collateral for a business loan. So it's a great episode. We talk about a variety of different things some stories about customers of theirs. They have a membership program and it's really a great service that I find to be really intriguing. So I hope you enjoy the episode as much as I did. Good morning, jerry. Welcome to the podcast. How are you doing today? Jerry: I'm doing fantastic, David. I appreciate you having me on today. David: Well, my pleasure. So where are you calling in from today? What part of the world are you in? Jerry: A big metropolis of Indianapolis, Indiana. David: Ah well, one of your suburbs, I think, has the most roundabouts of any city in the country, carmel. Jerry: Yes, Carmel. Carmel in California and Carmel in Indiana just like the candy you would eat. David: Sure, have you been through any of those famous Carmel roundabouts? Jerry: Actually, where I live, carmel Fisher's, nobleville it's the city sister city is a roundabout. Yes, I actually like them. At first I was like what is this? But actually it moves traffic and sufficient as long as the people in front of you know understand. David: Yeah, I actually heard a podcast with the mayor of Carmel, because something like Carmel accounts for more than 50% of all the roundabouts in the US. It's a crazy number. And he was talking about all the benefits and he said the only drawback. He said there's a few times during the day, like peak traffic times, where it's arguably a little less efficient. But he said the other 23 and a half hours a day it's far more efficient because you never have to wait for a stoplight. And he talked to me have you ever been driving in the middle of the night and you come up to a stoplight and there's no traffic within a mile any direction? But technically you're supposed to wait for the lights to turn. Jerry: That is correct technically. David: Technically correct, I find. If it's three o'clock in the morning, I ask myself have I had any drinks this evening? And if I have, then I'm going to wait for the lights to turn. If I hadn't had any drinks that night, then how much trouble can I get into? Jerry: That is exactly right. I do the same thing. I'm like, well, there's nobody anywhere, you sit there and it feels like it's been 10 minutes, probably been a couple. But I'm like, really, why am I sitting here to stoplight? David: I know so are you a native of Indiana? Jerry: I am. I was actually born in Hoopston, illinois, but we grew up in a western city in Indiana, so almost to the border. But I've grown up as a Hoosier most of my life, okay. David: Nice Bye, folks, and fun Bye. Get into your business. So the name of the company resonated with me immediately because there's a character in one of my all-time favorite books by the name of John Galt and there's a famous phrase from the book called who is John Galt? Now, is this just coincidence, this JGalt, or is there any connection? Jerry: Well, I'm glad that you brought that up because it doesn't stand for Jerry Galt, I can tell you that. So we couldn't use John Galt because it's obviously patent and has a huge following. But it is off the premise of the book Atlas Shrugged by Anne Rand. So who is John Galt? The whole story of the government takeover, small business and controls and regulations and all of that and that fish, you know book that was written by a Russian immigrant that understood communism, came over. She saw it in the 1940s and she said what is going on? I'm saying the same stuff right here. So she wrote that fictional book in the 50s, as you know. But it's kind of a big deal and it's coming out and there's a big following and people get it. But yeah, you're exactly right, it is John Galt. David: So it's probably actually not a bad filtering process, because I find that there's three types of people in the world. There's people who've read Atlas Shrugged and think it's one of the greatest artistic works of all time. There's folks who've read it and think she's the devil and it's the worst thing ever written. And then there's folks who've never heard of it. So I find that people tend to follow one of three camps. There's not many people that are like yeah, I think I read it, I think I vaguely remember something about it. So it's probably a good self-selection process, right? Because the people who read it and think it's the most evil book ever written probably aren't the mindset of your ideal customer. Jerry: I'm guessing it's pretty close right, but it's surprising on how many people know, even myself. As we name the company, you know your particular activation system in your head, just like when we buy a car. Right then, after we buy a car, you start driving around like man. Look at all the people that bought the car I have this is great following my lead. Now, they were already there. I see who is John Galt stickers on the back of bumpers and on the back of their windshield. I've just it blows me away. But you're exactly right. Most of the entrepreneurs, because we are working only with main street business owners. Okay, small and medium-sized companies, not the wall street companies. So those are the people we're serving and most of them all of us that own businesses and have done that get the challenges and the works and we're just trying to do the best we can to serve the communities and then build a profitable and a great company with our services or products. David: Sure no, I like it. So her book, the Fountainhead, I have a slight preference for, like I mean they're my two favorite books, you know fictional books ever written, for sure. But I have a slight preference for the Fountainhead but only because the individualistic aspect. I assume you've read the Fountainhead too yes the individualistic aspect of the Fountainhead just resonates a little more. There's a great line in there where work has to sell an architectural commission to a committee and the committee all wanted to make changes to it and his sponsors, like they're minor, go for it. As you, you know, recall, he like can't do it. But he had a great line in there where he was talking, I think, to his, his buddy, his Irish construction buddy, explaining why he didn't get it and he said you know, I've never sold a project to a committee and that really resonated because that's how I've always been in my career. It's like you know, if I meet the entrepreneur and I have a conversation and it's a fit, good things happen. But when it's a committee, I don't seem to have much, much luck. Jerry: I'm glad you brought up this. One of my favorite things and that's when I you know it's amazing, it's. I agree with you. Both those books are in my top favorite fictional books ever written. But I think there's a lot of great content, especially for the entrepreneur, of what you have to do. I mean, if you're not a disruptor, if you kind of stay under a ceiling and you're like, hey, I'm not going to change where you work, I don't know what your thoughts are, but I kind of say that if you're an entrepreneur, a successful entrepreneur, normally you're kind of a freak. Right, you're looked at as a freak in the industry and I think that's well put on the committee. I'm not here to appease the committees, I'm here to disrupt the industry on how Main Street and business owners will get funding, not just through how the traditional style is. So that's not our company. So I think the whole Atlas shrugged and Fountainhead there, even though they're fictional books, there's a lot of great content and, I think, some kind of rules of engagement for the entrepreneur. David: Yeah, I was just before this. I had a call with a colleague and he really had very little familiarity with Ann Rahn's work and early heard of it, so he had just bought the audible for Fountainhead. So I'd recommend you start with Fountainhead, so we'll see how that goes. Jerry: That's excellent. David: So talk to me. So what are you guys doing to help those you know privately held, closely held you call them Main Street businesses. You know what's kind of your sweet spot, revenue wise? I get it's probably a broad one, but like for us, like 90% of our clients have revenues between 10 million and 100 million like what's your sort of sweet spot where most of your clients fall in? Jerry: I'd say 250,000 to 450 million a year. David: What if you had to narrow it down a little bit? Go ahead. Jerry: Your sweet spot today, david, is probably somewhere in that. I'm going to say 10 to 25 million is our sweet spot. You get to the 100 and 250 million dollar companies. They do have a lot of cash flow and they've got profits and they've got, you know, banks that give them lines of credit even though they're personally guaranteed. So it's a little harder to get in the door. But we're getting in the door with those now and they're seeing what's going on. But our sweet spot today would be that 10 to 25 million. David: Okay, that is helpful. And the reason I narrowed you down here is because our audience who CPAs and attorneys who have clients, when you say 250,000 to 450 million, it doesn't quite resonate. When you say 10 to 25, now all of a sudden they can think of their clients, or in the 10 to 25 range. So talk to me and you kind of touched on it talk to me about this whole personal guarantee thing and there's probably, I'm guessing, some history behind it. So what's the story? And talk to me about this personal guarantee thing. Jerry: Yeah. So when we say we're disruptors and I just want to make sure that your audience understands you know the 250 to 450. When you look at your EIN that tax number that you get from the IRS that's just like your SSN to building personal credit. Your EIN can build company credit. Your company has its own credit score and its own report and so does your personal social security number. So when you give that broad scope just for your audience, you get someone that's just starting out with a startup or they're cranking out 20,000 a month. It just gets hard to try to get funding without why bank revenue statements, tax returns, business plans, revenue looking at your personal credit just to try to get the operating budget to be able to run your company and then to grow and scale and seize opportunities to grow and scale, because we all know as entrepreneurs that when you have an opportunity in front of it, it's not like you can plan and then just hit exactly when it happens. When you need to seize an opportunity, you don't have 60 to 90 days to qualify for it. So we look at what Jay Galt's main premise is and our advantage and really how we impact that entrepreneur in the world is what we do is we focus on the EIN and to build credit on that. It's actually very simple. Has nothing to do with revenue, has nothing to do with what your financials, your tax returns or how long you've been in business. It's just about taking that tax number and making it fundable so you can get access to corporate vending and lending, and your rates are typically 0 to 5%. I mean, we're getting people vehicle and equipment loans at 1.9%. Corporate credit cards are 0% on three to 12 month terms, right, not just on balance transfers. So that's the power. That's how your Wal-Mart's and Googles and Amazons and your Apples of the world are able to do what you and I, david, have no problem with paying interest, as long as it's a positive arbitrage. What we can't do is pay 30% to 50% in interest when we're only making 25% to 35% in money. So how you flip the script is you got to get access and get your company fundable so you can get access to banks' monies to leverage that at better rates in terms, so you can grow in scale without going into what Debt risk or paying too much in interest where it's not a profitable proposition. We see that every day and I know you do, david, right. People get in these small little bridge loans and if they don't get them paid off they'll come out or close on your mortgage. David: And then the other aspect of it then is when the underwriting is done on the company's EIN, there's less of a need for personal guarantee right, because they're under the business Right Typically that doesn't even come into play your credit score, your personal inquiries or what your credit score looks like. Jerry: That has nothing to do with building company credit is vanilla. It doesn't matter if you're a man or a woman, you're a Democrat or Republican, what your religion is, because it's a tax number. There's no bias on that number. Where that can come into play on your personal credit, right when you walk into a bank. But it doesn't have that when you're looking at a company's index, because a company is not a man or a woman or a Democrat or Republican or a certain type of it. It's where your Social Security is tied to an individual. Your EIN, that tax number, is tied to the company. David: Okay, Well, that sounds good and is the motivation for your customers trying to get rid of the personal guarantee or trying to get better interest rates on borrowing. Jerry: Most of the time they get tired of the personal guarantee business. Right, you're married, you're watched like you're not putting the house on the line, right, exactly so if you want money, they always have you check a box and do a little initial where, hey, we're going to give you the money because we believe in you and you believe in your business. We just need you to check the box and this is just a what. This is just a normality. But if something would happen we know that's going to happen. If something would happen, you understand the banks right. Since we're giving you money is we'll have access to your 401ks, your kids college funds, your second home, your cars, your current home, your family's living underneath. That's just a technicality. So a lot of them want to get out of the personal guarantee business or they don't grow in scale because they don't want to risk tying up their personal assets to leverage to their company's funding. So that's the first thing. But getting corporate capital on your EIN, you're going to get 10, 20, 30, a hundred times the amount of money on your company. Then you're ever going to get on your SSN because you're only going to stretch that personal credit bubble so far, because then they're looking at underwriting risk on you personally. They look at the company's revenue, but the company has nothing to do with it. If you don't have a corporate credit. They're always going to look at your EIN first, but there's usually nothing there, so they always revert what Back to revenue bank statements, underwriting risk, ar balances, invoicing. So there's a lot that goes into that. So you can see how complex that gets and how it can. What limit you on getting and seizing opportunities and then, more importantly, getting better rates in terms of run the operation, so you can leverage the bank's money because, david, you and I get this right. I'd rather use the bank's money than my money. I'd rather take my money and put it in vehicles that does what with my money. David: No, that really makes a lot of sense. So what's the disruption you're doing is basically bringing this Wall Street credit access to Main Street businesses. Is that? Jerry: education Right. First thing we do is I was asking an owner. I said, hey, what's your personal credit score? And they always answer right, 720. What's your company's credit score? What do you think I get most of the time? David: Right, no idea what are you talking about. Jerry: Right. So we have a seven step blueprint, but we're all about education. We're not here to sell anything, we're here to serve. So, just like in the whole Atlas Shrug with J Galt, john Galt, right, we're here to serve and connect with people and give them education on things that they don't know. It's not the CPAs or the accounting firms fall. It's not the bankers, it's not the tax attorneys. That's not their job of what they do. What J Galt does is we do the same thing. People understand personal credit. They just don't understand company credit and how easy it is to get there. There's just a secret set of rules. So our job is to educate you on the seven step blueprint of how you can get your company fundable, so you, as the owner, can survive storms. Right, you don't have to worry about the four things that can take the legs out of a business economy. You and I do. We have control over economy, david. Nope, how about inflation? Nope, does that impact us? Sure, sure it does. How about a government regulation? David: No control, almost no control, I mean in theory. If you're part of a lobbying group, you know you might fit very little. And what's the fourth one? Jerry: Yeah, but then you're going to have to have some capital to have some of these lobbyists for it, right, they're not free, sure. And then the second thing is just a you ever. I don't know if you've ever experienced one of these at all, david, but you ever heard of a pandemic? David: I think I have. I think we had one of those like a hundred years ago. I heard about it 1918, I think we had one. Yeah, I think it was, if we had anything close. Jerry: I know you and I have never experienced one of those lately right. But, even on that it's a cripple of business. Some it's a lot of businesses actually did a really great job. Sure, a lot that it really affected there's over. You know, 60% of businesses haven't even made it back to pre-pandemic revenues today because they raise the prices, inflation's there. I mean you've got a lot of things going against you. So how do you survive that and how do you get through those things? How do you prepare for the storms and survive the storms? And it's really about if it makes sense for the business on you moving forward and getting to the goals or solving the challenges, but it's really about getting fundability on your company. That's the answer to that question or challenge. It's the most vexing problem with small and medium-sized businesses today is getting cash blow. David: Okay. So I love stories. I think they educate well. Do you have a story or two of, like, a client of yours that you could talk about anonymously and maybe kind of set up what their scenario was before they met you? What's their scenario like now that you can be mined? Jerry: Yes, we have a guy that's in the contracting business out of North Carolina. We'll call him Randy, okay, but he came to us and we actually approached him and we had a conversation. But he's been in business for almost eight years doing well, has access to his local Chevy dealer, his local bank, where he deposits his money, and his credit score wasn't bad. He said, oh, I know how to do this. I have a Dun and Bradstreet number, right, that's the largest credit bureau, like TransUnion is on our consumer side, Dun and Bradstreet is on the business credit side because there's business credit reporting agencies and there's personal credit reporting agencies, right? Well, personal credit reporting agencies nothing to do with your company. It's the business credit reporting agencies to have everything to do with your company. So that's another tip that I'll give your viewers out there and listeners today. Right, Okay, so, but with Randy as we were having the conversation, with Randy as we were having the conversation, David, he understood it, but he really didn't, because where he was going and putting his deposits in, he just thought this the way it was and he actually was doing pretty well. He had a credit line recommendation about 67,000 on his company. We ran his company credit report After four months and just getting his EIN fundable the same Chevy dealer that he's been buying his vehicles for the last eight years. He's been getting anywhere between a nine and 15% rate. Wow, After four months, with Jay Galdin focusing on his company EIN that tax number he would walk into the same Chevy dealer and got his lowest vehicle right About a $51,000 van for 1.9% interest rate. Wow, and that's impactful. He looked at me and he goes Jerry, I can buy five of these vans now instead of just one at a time, right, Because that interest rate is so impactful. So it's just about he's still going to pay interest, but 9% or 1 or 2%, which one's better for a company, right? So that's one success story. And that was just after four months of it's all intentional work. It doesn't take a lot, by the way, just so if you're asking. It only takes two to three hours a month to do this. I didn't say a day or a week per month, but it's like going to the gym, David. I mean, you're a healthy guy, right? You can sign up for a membership just because we're paying for a membership to the gym. Do we get six pack abs and do we get a healthy heart just because we pay a membership for a gym? David: Unfortunately not. Jerry: Or is there a thing you just take three pills a day and you can get physically healthy there? David: you go, that's what I'm looking for. Yeah, that's what we're selling today. Jerry: We're living an immediate gratification world, right, we want food today. We got DoorDash. We want same day shipping. We want our stuff today, and that's the world we live in. But to get access to that it does take the hustle and muscle. It doesn't take a lot, but you're going to have to do the work. It's just like taking a walk every day for 30 minutes is so good for our health and our heart and it's hard for us to find time to schedule it. But just like this, you have to put in the work if you're going to get your company f*****g and funded right. So that's one story. Second story is we have a real estate investor guy down in Texas and he's been in business for over 20 years. I mean he's a Texan, I mean you know Texas, I mean it's the Republic of Texas, I mean it's his own country. I mean you know what I'm saying there, right? I do, I do. I know you have some clients down there as well. So when I look at Texas, this guy had really a big ego, been doing a great job, very successful. He has over 105 properties, okay. So he's a big deal, okay. I'm not going to mention his revenue because some of my taggamer I was just saying, here he is. So he came to us and he couldn't get funded and he thought our program was full of it. Right, he says this is just sounds too good to be true. I don't. I've been doing this. I've got bankers, I've got a fractional CFO, I've got this figured out. I don't see your help. So then we got into asking about personal credit and company credit as company's credit score and he thought he had a good company credit score. So we ran the report, went through it. Here's the thing he had some blemishes, but here was the big problem on fundability. He'd been in business for 20 years and moved to a lot of different locations and it filled out a lot of paperwork. We're all busy. When you're an entrepreneur and you've got a hundred and over a hundred properties, I mean you're busy. Sure, you've got a lot of stuff going on. So he would have filled out the Dunn and Bradstreet and he put WM period with the secretary of state. He was listed as William. Well, you and I know that WM, period and William mean the same thing as humans, right, right, your cross references WM period and William. What does it say? A mismatch and it's an automatic decline. He also didn't have his phone number. Listen to this, folks your phone number can't be a cell phone number. It has to be a landline or a VoIP service. Now, the VoIPs can be what. It can be transferred to your cell phone number David, let me ask you a question When's the last time you use 411 or your area code in 5551212 to look up a business number 30 years, do you know? If your business landline or void number is not registered with 411 National Directory, it's an automatic decline for corporate funding. David: I did not know that. Jerry: So that's another secret rule. So this is some education that David and I are providing to just things like that Having a website or landing page, having a corporate email address. Your number has to be listed. You have to have a business bank account. There's just a little thing. And why is that, folks? Over 80% of small businesses fail in the first five years because of cashflow. Well, if you don't look like a real company, you don't have a phone number, you don't have the business bank account, merchant services, you don't have a corporate email it's a PO box. You can't use a PO box. Well, I have a UPS store, david. It's a fancy PO box. It's still a place where you don't live and they can't access you. So a home address can be used, even though I don't recommend it, because now they'll know where your family lives and lives the whole entire world. But you can do things and get systems and processes put in place. It's all about fundability. On the company, no different than you are personally, it's just a lot easier to get personal credit because there's over 4 million people using it to finance their lifestyle. However, on businesses, they tell us that we can be protected from lawsuits as a limited liability corporation and we'll get funding. Here's the only problem. We never signed up for the credit bureaus that report our business payments so we can build fundability with the corporate vendors and vendors, right? No one told us that. So when you go to deposit your money in the bank, david, what happens? They try to get you money. They look at you and they just said, hey, here's a business credit card, we can get you a line of credit, but we just need you to do what with it personally. Gary, you got to get it fundable and you got to find lenders and vendors that report. And this Texan okay that once we got his name right, got his phone number listed and he had a couple of blemishes that he wasn't aware of we were able to get him all of these commercial real estate loans with no guarantors, not leveraging his other properties. He was able to get corporate millions of dollars in corporate in less than a year, all on his company now, which is a couple of fundability rules and a couple of secrets that he wasn't available on how to turn his company in standing on his own two legs financially just by the fundability rules, the corporate credit bureaus and using vendors to report in the lining up so he can get access to the same things he was doing now, but he was personally guaranteeing everything leveraging his other properties or his name to continue to grow his real estate company. David: Yeah, and I imagine does that also mean that in theory, if he wanted to, if each project if he wanted to have as a separate entity, he could avoid that cross collateralization issue. Yes, because that's the other problem I understand there is that all 105 of those properties are all cross collateralized. So if he has one project that somehow just goes belly up or property that it risks the other 104 properties Correct. Jerry: And if you get it on your company, then it doesn't put that into play, because when you're using personal credit, they're always going to leverage those. Because you are, you're putting those other properties as a the guarantee against the loan for that new property. If it does go belly up or doesn't do as well as you thought, that happens, right. When you're in real estate, I mean, most time you have wins but there are losses. You don't have to put your other properties in jeopardy. Do those things on corporate credit. It's no different than if you guys remember Donald Trump, right? He opened up that huge casino, used $3 billion of the bank's money and then after two years it failed. I don't think Donald Trump wants anything to fail. He doesn't invest in things that are going to fail Just didn't work out because of economy, location and where the world was at the time. Well, he was able to walk away from that. Did it affect his personal credit? Nope. Did he have to give up any of his personal assets in that deal? I doubt it. No. Two weeks later, he bought a golf resort in Doral, florida, right, sure? So, without affecting anything with that. So that's the power of corporations. No different than I'll tell you another story. Remember Home Depot and Lowe's and LA Fitness? Right, those are all Wall Street corporations, right? Stock L's stock owned, and all of that During the pandemic. They were able to be open. You can only have 50 people in the store right, they were able to do that. But what about the local hardware guy in town? They had to be shut down. The local mom and pop fitness place? They had to be shut down. So there's a difference and that's why we talk about this. Jay Galt, we're here to give the power and advantage back to the main street business owners by building fundability so their corporation has the cash flow, the access because this is all about getting ready access, cash and capital for you to take on those storms, to survive those storms and to grow and scale. Walmart, sam Walton, would not have been the world's largest retailer if he didn't figure out corporate credit. He would still be in Benton, arkansas if that was the case. So now, obviously, then he went stock, went public as an IPO, so that made it a moral difference for him to get there. But he would have never got to that position if he wasn't able to scale that. Take advantage of the back in the 80s. Remember when he took down Kmart? Right, but it was through cash capital, corporate funding that allowed him to do the advertising and get belly up and take on the big giant. Now he's the big giant. So just consider that that just because you're labeled a small business owner doesn't mean you have to be small. What if you wanted to franchise? What if you wanted to grow and scale? What if you wanted to buy your own property and land and build your own manufacturing facility, get bigger into the corporate real estate market, be a truck driver and become a regional or national player? If those are things that you want to do and you just have an access, you're having problems accessing cash flow. The secret is building company credit on the tax number, that EIN number and getting out of the personal guarantee in the personal inquiry game. David: No, it makes sense so well. Thank you for those several stories. That illustrates it. So how does Jay Galt come into the picture? What's your role in helping these companies other than education? I'm sure there's more to it than that. How does your service work? Jerry: We're a SaaS company, which stands for Software as a Service. We have a robust platform that has seven-step blueprint inside of it that walks you step by step. But, more importantly, we have a white glove concierge service, kind of a do-it-for-you. But there's certain things you have to do. We can't use your bank lines of credit, your credit cards, and you don't want me to do that in your business, but we help you fix blemishes where to go to fix them. So we provide a coaching service that goes behind the SaaS platform so you're successful in your journey. So imagine getting a dedicated coach. They're not out of the Philippines or India. That's great for customer service. I think All of our credit analysts and our finance analysts. We have a whole back office advising team that helps our members. So we are a membership. There's a one-time fee that you would pay and when you come into that you get lifetime support from Galt through our SaaS product, the Getting Business Credit. So you have access to all of the corporate lenders and vendors that actually report. And our secret sauce is we won't work with your Put-Em-In Our Business Finance Suite unless they report to the credit bureaus. That'll help you for a robot, mobile and credit and if they don't show us the underwriting guidelines, because it's important to know what boxes must be checked before you apply for a loan, because in the corporate vending and lending world, if you get denied, you have to wait six to 12 months before you can reapply and that can really slow down momentum when you try to grow a business. So you don't have. That's not how consumer credit works, but that's how corporate credit works. So we have that. We also help with cash flow management. We really define ourselves as cash flow management experts getting you access and leveraging banks money at better rates and terms, understanding cash flow so you don't get into what expense or debt trouble, and then giving you a business valuation. David, this is the power. 98% of small business owners have never had a business valuation or appraisal done. So they're in the head and heart. They know what their company's worth, but you'll know exactly what it's worth, how to ensure it properly and where to invest your time. You'll get clear, sound facts about your company so you can invest your dollars and your time in the right parts to continue to grow the asset that you're building and properly protecting it, allowing you to do what Plan for an exit strategy and those are typically $10,000 on average. We provide that every year to our members with JGault. So we're really here with our three columns of getting corporate financing, access to lenders and vendors that report, understanding your cash flow management as you grow in scale, and then having your business valuation so you know the value, where to invest in it and to plan and know exactly if you want to sell it, when is the time to restructure, when is the time to sell it or if you're passing it down to one of your kids to run. Eventually you want to make it a generational company. Now you'll have corporate credit belt where they can walk into the seat, you can ride off into your retirement years and know that the corporate funding is going to be there for generations to come. So the legacy you can leave behind by building that company we passed on to generations, your kids, the grandkids and so forth and so on. David: No, it sounds great. So what should people do? Is their next step? If they're interested in learning more, Go to the website. What's kind of your first entry point for potential new customers? Jerry: I would highly recommend that you do that. David, I'm fine with you sharing my for your audience. It depends on how big that audience is my personal but I would go to jgaltio. That's J-G-A-L-T. No period, Just jgaltio and then you can check out our services and what we do and if there's more questions, there's a place where you can connect and have a private consultation if this is something you want to talk more about. David: Okay, that sounds great and that's jgaltio. Jerry: Yes. David: Okay, what is we're wrapping up here? Is there anything? I didn't ask you that you wish I had asked you? Jerry: Wow, that's a great question. You did a great job. I mean, obviously I can understand why you have a successful podcast out there, david. Well, you're too nice. Oh, no worries, I mean, you've been doing this a long time. The only thing that I would share with American entrepreneurs out there today is we're really passionate, and just me as an owner, my goal is not to sell something. I have four companies. The only reason why Cole and my partner and I started jgalt was to serve and educate. But there's more than education. It's all about impact. So if there's something where you're wanting to grow an asset and you want to get there, we're here to have an intelligent conversation, a consultation, if you will, about where you're at, where you're wanting to go, and about 80% you didn't ask this. So does everybody want jgalt? Of course we're going to think everybody needs jgalt right, it's our company. Same thing with yours, david. I'm sure you feel the same way. If you're exporting products, you will find a better guy right Outside the country. So we're really great at what we do. But only about 80% of the companies we talk to every week take advantage of jgalt services, because it's not for everyone. So there are depends on where you're at and what you're trying to accomplish. That's why we're kind of looking at ourselves as the doctors of business credit. It doesn't make sense for everyone. It may not make sense today, or it may not make sense at all If you're just have a side hustle or something in your house that you're just doing is just to make some additional income to pay off debt or something like that. We're truly looking at companies that are looking to grow and scale and really be disruptors, like us, in the product or the services that they're offering across the United States. David: Well, thank you for adding to that. So, as we wrap up, that's Jerry Vaughn with jgaltio Jerry, this has really been fun and I think there's a lot of great value that your company provides for small to medium size privately held companies. So I really appreciate you taking time to come on the show and share some information. Jerry: Yeah, you're very welcome. It was a pleasure to be on it, david, so thank you so much again for having me on my pleasure.
From the "Move The Needle" PodcastWelcome to another energizing episode of Move The Needle, where we delve deep into the world of sales and business growth. Our special guest today is none other than Doug Mitchell, a seasoned sales leader with a wealth of knowledge and experience under his belt.This episode, "Building A Great Sales Team With Doug Mitchell," is a treasure trove of insights for anyone looking to scale their business. Doug shares his secrets on how to assemble a top-performing sales team, drawing on his years of experience leading dynamic sales forces.We discuss everything from identifying potential talent and fostering a productive and inclusive team environment to the importance of continued training and development. Doug also shares his unique perspective on the key role that resilience, positivity, and strong leadership play in building a high-performing sales team.Perfect for entrepreneurs, business owners, and sales enthusiasts, this episode offers invaluable lessons, tips, and strategies that will empower you to take your sales team to new heights. So tune in and get ready for some real-world sales wisdom.Remember, success is no accident. It's about making the right decisions, adopting the right strategies, and building the right team. Let's learn and grow together with Doug Mitchell in this enriching episode.
Join us for our exclusive training to outline your 2023 Blueprint for Business Financing Success! In this training, we outline everything you need to get all the funding you need for the New Year! #financingblueprint #businessloans #businesscredit #fundability
In this episode of The Better Than Rich Show, Mike and Andrew discuss key aspects of starting and scaling a business. They emphasize overcoming criticism, the importance of self-promotion, and using other people's money for startup funding. They advocate for hiring help for low-value tasks, allowing business owners to focus on high-value work. The hosts warn against perfectionism in startups and highlight the need for effective time management. They also outline the core departments every business needs: strategy, marketing, sales, operations/client success, HR, and finance, and discuss strategies for increasing efficiency as the business grows. Topics Covered: 00:00:00 - Practical Tips for Business and Personal Growth 00:03:52 - Unveiling Your Brand's Deep Meaning 00:07:13 - Spreading Your Business Word and Overcoming Critics 00:09:25 - Importance of Repeat Business and Word-of-Mouth Advertising 00:11:11 - Strategic Approaches to Business Financing 00:13:19 - Delegation and Automation for Business Growth 00:16:47 - Benefits of Virtual Assistants for Business and Life Balance Connect with The Better Than Rich: BTR Mini-Course Website Facebook Instagram Twitter TikTok YouTube Linkedin --- Send in a voice message: https://podcasters.spotify.com/pod/show/betterthanrichshow/message
Greg Fisher is the CEO of TripShock, a travel industry giant. He has been with the company since its inception in 2004 and has helped to grow it into one of the leading online travel agencies in the United States.Fisher is a passionate entrepreneur with a strong track record of success. He is also a gifted marketer and has developed innovative strategies that have helped TripShock to stay ahead of the competition.In addition to his work at TripShock, Fisher is also the CEO of WaveRez, a vacation rental management company. He is also the CMO of Limit Login Attempts Reloaded, a WordPress plugin that helps to protect websites from security breaches.Fisher is a frequent speaker at industry events and has been featured in publications such as The Wall Street Journal, Forbes, and Entrepreneur. He is also a member of the Young Entrepreneur Council and the American Marketing Association.Fisher is a highly accomplished entrepreneur with a deep understanding of the travel industry. He is a valuable resource for anyone looking to start or grow a business.
What is hard money lending? Raymond Dingle Jr. explains on the Podcast and details the support that his Lending business offers to small businesses. As a Lending Insider, Former Bank Executive, Broker and Financial Analyst, he explains the importance of investing in assets, and not relying on 401-k and credit as credit is thin air. He explains that Money was backed by gold, but after the 1970's, the US dollar no longer had that backing and survives off its reputation. In fact, he discusses the attempts by BRIC countries to weaken the US dollar by jettisoning the US dollar for the cryptocurrency and imposing on others to do so. Essentially, they are trying to make the US dollar a tertiary currency/note. Nevertheless, Mr. Dingle reassures us that the US dollar will remain strong but may lose some value. One of the reasons is that we are heavy spenders. He reveals inside information about how the banks sweeps money every night after they conclude business. Yet they charge such high fees. We have a poll question? Will the US dollar become tertiary currency based on BRIC's attempts to weaken the dollar by disposing of the US dollar for the Cryptocurrency? Participate on our Twitter Page: #renaldomckenzie or Spotify Community page. If you have lending needs or seeking lending solutions, reach out to Raymond Dingle Jr. at Raymond Dingle Business Lending at https://rdjblending.com. Credits: Renaldo McKenzie is the creator and host of the Neoliberal Round Podcast and author of Neoliberalism, Globalization, Income Inequality, Poverty and Resistance available worldwide on any streaming platform. Subscribe for free and donate to us at https://anchor.fm/theneoliberal/support. If you would like to be featured on the podcast, send us a message or an email: renaldocmckenzie@gmail.com. The NeoLiberal Round by Renaldo McKenzie is a member of The NeoLiberal Corporation, Serving the world today to solve tomorrow's challenges by making popular what was the monopoly. Visit us at https://theneoliberal.com or https://renaldocmckenzie.com. --- Send in a voice message: https://podcasters.spotify.com/pod/show/theneoliberal/message Support this podcast: https://podcasters.spotify.com/pod/show/theneoliberal/support
Doug C. Brown is the CEO of CEO Sales Strategies and a Sales Revenue and Profit Growth Expert. He is the creator of the Top 1% Academy, where he trains on how to sell to buyers, whether they be CEOs, business owners, or entrepreneurs, and how to be in the top 1% of sales earners doing so.Doug has coached, consulted, and advised companies and thousands of people in business including Enterprise-Rent Car, Nationwide, Intuit, Proctor and Gamble, and CBS Television. Doug also served as an independent President of Sales and Training for Tony Robbins, Chet Holmes, and Russ Whitney, where he raised the close rate of the sales presenter teams by 157%, as well as increased sales for one product line by 4150% in his first six months of taking over, which resulted in tens of millions of dollars in extra sales over time.His sales acquisition and sales revenue growth skills have helped him to:Sell music equipment to bands such as Aerosmith, Boston, and The Eagles.Become a top-selling sales representative for a 2-billion dollar company.Increase a company's close rate by 862% and their revenue growth by 116% – all within four months.Generate over $700 million in sales for himself and his clients.Generate revenue of over $1 million yearly in his sales acquisition coaching/advising business.Today, Doug helps people become better at influencing, persuading, and selling to others (regardless of what their product or service is) and at a level that they never thought was possible. He demonstrates what the tools, behaviors, and traits of the top 1% earners are and how to implement them into daily activities. He believes that most people have the personal power and potential to be at the top 1% of earners, but lack the tools and knowledge of how to achieve this. Just for the Listeners of the BGST Podcast , Doug C Brown is giving away his new book!"The Art and Science of Being a Nonstop 1% Earner Through Selling." It is unexpectedly still in the process of finalization, so he would like to have listeners email regarding the e-Book at YouMatter@CEOSalesStrategies.com with the title "Doug Mitchell - 1% Earners eBook".
On this episode of Building Great Sales Teams, Doug shares insights on how to grow your business and get your team motivated about it. From planning the expansion to executing it, Doug provides actionable tips and strategies to help sales teams achieve their growth objectives. Tune in to this episode to learn how to take your business to the next level.
Dave Taggert is the CEO of A5 Roofing, a sales and development coach, and an influencer with a focus on door-to-door sales and applicable skills and processes. He is also the host of the Roofing Underground podcast, which explores the roofing industry and sales techniques.Dave has achieved several milestones, including generating over $1M in sales in his first year with no prior door-to-door experience and growing a business to $1.9M in its first operational year with just two salespeople. He is on track to hit $5.5M by the end of 2023.Listeners can contact Dave on Instagram as @TheRoofPapi, on Facebook as davidbtaggart, on Facebook and YouTube as @RoofingUnderground, and on Facebook and Instagram as @A5Roofing.
Michael Park is the owner of Synergy Pest Control and a sales expert with a specific focus on door-to-door sales. He is known for his ability to push through tough times and his unwavering commitment to giving 100% effort. Michael is a mindset pusher and an advocate for developing a "can't quit, won't quit" attitude.He also provides insights on how to be a top sales representative in the door-to-door space, and offers some effective sales tactics that any salesperson can use.Michael's career in sales started in 2013, and he quickly made a name for himself by being the #1 rookie of the year and the top sales representative for his company. He doubled his income for the first three years and eventually started his own company, which he continues to grow. He is also a husband and father of three, and has been personally affected by his mother's battle with cancer.To connect with Michael, you can find him on Instagram at @michaelgpark.
John Ruff is the Owner and CEO of Ruff & Ready Moving, a Mayflower company, and a Consultant at John Ruff Business Coach. He is also a Partner and Vice President of Clothing in Armor, and host of the Keep it Moving podcast. John's areas of expertise include nationwide and international moving and storage, soft body armor, and network marketing. Over the past three years, Ruff & Ready Moving has been the fastest growing moving and storage company on the West Coast, and has won Business of the Year awards in 2018, 2019, and 2021. John is passionate about helping people avoid rip-off brokers and shady moving companies.Starting a new business can be daunting, but with the right mindset and guidance, anyone can succeed. John shares his insights on the challenges he faced starting his own business, and how he overcame them. He also explains how he turned his passion for helping people avoid rip-off brokers and shady moving companies into a successful enterprise. Tune in to this episode to learn from John's experience and expertise on how to start and grow a successful business, and how to become a business coach and mentor.Listeners can connect with John on Facebook at John Ruff, on Instagram at @johnwruff, or via email at john@ruffandreadymoving.com. For more information on Ruff & Ready Moving, visit ruffandreadymoving.com, and for Clothing in Armor, visit clothinginarmor.com.Episode Overview:IntroductionHost Doug Mitchell welcomes guest John Ruff, the owner and CEO of Rough and Ready Moving Mayflower Company.Ruff is a business consultant and coach, and he is also the host of the Keep It Moving podcast.Smith and Ruff discuss the importance of being active on social media, and they talk about how to deal with negative comments.Ruff's BackgroundRuff started his moving company in 2008.He has since grown the company into one of the fastest-growing moving companies in the West Coast.Ruff is also a business consultant and coach, and he helps other business owners grow their businesses.The Importance of Social MediaRuff believes that social media is an essential tool for business owners.He uses social media to connect with potential customers, and he also uses it to build relationships with other business owners.Ruff recommends that business owners be active on social media, and he says that they should be prepared to deal with negative comments.Dealing with Negative CommentsRuff says that it is important to ignore negative comments on social media.He says that negative comments are often made by people who are not happy with their own lives.Ruff recommends that business owners focus on the positive comments, and he says that they should not let negative comments get them down.ConclusionSmith and Ruff discuss the importance of being active on social media, and they talk about how to deal with negative comments.Ruff recommends that business owners be active on social media, and he says that they should be prepared to deal with negative comments.
Kourtney Vest is the Marketing and Development Manager for a Division of CrossCountry Mortgage, with expertise in building successful mortgage teams, coaching/growing loan volumes, and marketing and social media for the mortgage and real estate industry. With a background in graphic design, Kourtney has risen through the ranks to her current position in just 5 years.In her role, Kourtney manages and recruits for a branch that averages $700M in annual volume, and has helped her top three loan teams grow from $20M to $65M in just two years. Her experience has taught her that being a part of a great sales team is the key to building a great sales team.Kourtney shares her insights on why personal branding is crucial for sales professionals, how to establish a strong brand, and how to leverage social media platforms to connect with clients and build relationships. She also explains how to balance personal and professional content on social media, and how to use analytics to measure the success of your social media strategy.Tune in to this episode to learn from Kourtney's experience and expertise on how to establish and maintain a strong personal brand and social media presence, and how to use these tools to build a successful sales team.Listeners can connect with Kourtney on social media at @money_v_mortgage or by phone at 512-887-0010. She offers self-sourced loan officers the opportunity to grow their income, and also provides Realtors with the chance to work with top-tier lenders.
Integrated Business Financing President. In the last 14 years, Jonathan has helped thousands of entrepreneurs to the beat of ½ a billion dollars in funding. How to Get the Best Financing Possible Without Stepping Foot in a Bank Getting the right financing for a new business or to grow a business can be difficult, and banks are not very flexible in this regard. Jonathan has great advice to share to get around the bank and get the financing plan they are looking for. How to Cut Payment Processing Costs by 95% The cost of processing payments in business adds up fast, and there seems to be no way around this. However, there are great solutions to minimize these costs, make payments more efficient and effective. Never Say Never (Ever) Your business may be cash flow positive, EBITDA healthy, nowhere near concerned with contribution margin... The access to lines of credit, additional working capital, and negative cash conversion cycles are what can save once credit-worth Duns and Bradstreet business from getting its own door slammed in its face. Leave Some Feedback: Who should we have on the show next? Please let us know in the comments below Did you enjoy the episode? If so, please leave a short review. Connect with Us: TheHowtoEntrepreneur.com Instagram Twitter LinkedIn Today's Sponsors: JavaPresse Coffee Company - #1 Rated Coffee Grinder on Amazon (Free Grinder in Link) SANESolution - Harvard Medical endorsed body & mind health framework American Dream U - Transitioning veteran professionals
Sherry D. is a highly skilled Solar Sales Representative at Sky Blue Energy, with a passion for both solar technology and helping people achieve their potential. Her expertise lies in solar sales, but her true strength is her ability to connect with people and inspire them to greatness.Throughout her career, Sherry has achieved numerous milestones that showcase her dedication and expertise. In her first year as a solar rep, she successfully installed over 70 deals, totaling over 600kw. She also had the honor of being a speaker at SolarCon, where she shared her knowledge and experience with fellow professionals in the solar industry.Outside of work, Sherry is a proud mom to a 14-year-old boy who excels in sports and music. Her passion for helping people extends beyond her professional life and into her personal life as well. Whether she's helping a customer go solar or cheering on her son at his games, Sherry is always focused on bringing out the best in those around her.
Dylan Miller is an experienced professional with a diverse skill set in training, sales, and relationship building. His areas of expertise include training individuals and teams, sales, and fostering long-term relationships.Dylan's career journey began with his graduation from college, after which he worked as a sales representative. He quickly progressed through the ranks, becoming a sales manager and eventually an owner of his own business. His success in sales is rooted in his experience with door-to-door sales and his ability to build and maintain relationships with clients.Dylan's most notable career milestone was his role as a key player at Perfect Vision (PV). As part of his role at PV, he successfully executed multimillion-dollar telecommunications/home services programs for notable brands such as DirectTV and T-Mobile, among others.Dylan is passionate about building great habits to fulfill potential and master a creative vision. He believes in this mindset and employs it in his day-to-day work and team management. Additionally, he is interested in topics such as life's next steps, including starting a business, marriage, moving, investing, and learning.To learn more about Dylan, you can follow him on social media at @drdalemiller.
Tommy McNulty is an experienced entrepreneur and sales expert with a passion for helping sales leaders scale their teams and drive performance. As the Founder & CEO of Rhythm, Tommy leads the first platform dedicated to providing sales leaders with the tools and resources they need to succeed at any stage of growth.Tommy has been an integral part of the NYC tech sales ecosystem for over 10 years, and his expertise has helped him build successful sales teams for some of the most prominent companies in the industry. Before joining NerdWallet, where he ran consumer sales, Tommy spent 5.5 years as the VP of Sales at Fundera, where he helped scale the organization from zero to $45M+ in annual revenue. He also managed a team of 80+ and led the company to three consecutive Crain's Best Place to Work in NYC awards.Prior to his work at Fundera, Tommy led the go-to-market strategy at Dash Software, which was eventually sold to Reserve (now Resy) in 2015. He was also an early hire at ZocDoc, where he honed his skills in sales and leadership.In addition to his impressive professional accomplishments, Tommy is a skilled martial artist with ranks in Brazilian Jiu-Jitsu, Muay-Thai, Shotokan, and Judo. This discipline and focus have undoubtedly helped him achieve success in his career as a sales leader and entrepreneur.Doug and Tommy share a passion for sales and small businesses, making Tommy an ideal guest to discuss strategies for scaling sales teams and driving growth. Listeners can learn more about Tommy and his work at Rhythm by visiting the company's website or connecting with him on LinkedIn.
In this episode we discuss 3 types of investments that we've discussed on the Building Great Sales Teams podcast. First we had Doug speak on investing in your personal investments. Next we had Zach Johnson speaking on investing in yourself and your business. Finally we had Quentin West finish up the episode with speaking on Real Estate Investment.Check out the Full Episodes: Doug Mitchell - Valentine's Day is Dumb, But Being Intentional About Relationships Makes You A Great LeaderZach Johnson - Insights on #FinancialManagement for Successful 6-figure SalespeopleQuentin West - The Power of #OneMoreDoorFollow Ryan:Instagram - https://www.instagram.com/lovexryan/Twitter - https://twitter.com/WithLoveRyan
Credit can be a powerful tool for building wealth, but only if you use it wisely. It's hard to make a significant amount of money without leverage, and credit can provide creative financing options for real estate and business. In this episode of The WealthBuilders Podcast, Frank Pulley and Karen Conrad discuss how to use and control credit to make your investments successful. Read the Show notes here: https://www.wealthbuilders.org/how-to-use-credit-to-build-wealth/ www.wbuniversity.online Instagram: @billyepperhart Facebook: Billy Epperhart Twitter:@BillyEpperhart
Get ready to be inspired! In this episode of BGST, Doug takes us behind the curtain of an entrepreneur's day-to-day and shares valuable insights on managing family finances, being present for your family, assigning chores, and more. As a successful business owner himself, Doug understands the challenges of balancing work and family life, and he offers practical advice on how to make it work. Whether you're an entrepreneur, business owner, or just someone looking to improve your work-life balance, this episode is a must-listen. So, tune in to BGST and take your game to the next level
In this episode we take a snippet from a webinar training that Doug hosted for some high level entrepreneurs. We had Dylan Miller, a sales training extraordinaire, join us and bring his expertise to the table to break down the intricacies of J.I.F.S. (Jones Effect, Indifference, Fear of Lose and Sense of Urgency) for the group. On top of breaking down JIFS, Doug and Dylan go above and beyond by taking on tough objections from the audience and providing practical, real-world solutions on how to overcome them. This segment is a prime example of the unparalleled sales training that Doug and the Argenta Consulting team provide!Enjoy!
In this episode of Building Great Sales Teams, our producer Ryan shares his top episodes of January 2023. We tackled a few topics in the month of January and these are just a few of these highlights!Ann Seig: Mompreneur to Marketing VirtuosoRavi Rajani - Ditch Feature Telling for Story SellingTaylor Nelson - Walk The Lyme - Solar #Success Is Just The Beginning
We're excited to feature Casey Lopez, a dedicated husband and father, and a successful entrepreneur. Casey wears many hats in his professional life - he's the owner, founder, and CEO of Delta Solar Power, an industry-leading solar energy solutions provider and the founder/creator of LoneStar Xpeditions.In this episode, we dive deep into Casey's journey from being a security installation technician to becoming a successful solar sales CEO. We explore his vision for his business and the legacy he wants to leave behind, with a focus on empowering his team to take on any ventures they may find to the point where they all no longer have to sell solar and Delta Solar closes down.Additionally, Casey shares his insights on door-to-door sales recruitment and training strategies that have proven successful for him and his team.There is something to be said about like minds getting together. Iron really does sharpen iron in this impactful conversation between 2 door-to-door sales pros, that is bound to yield value to anybody looking for it.Connect with Casey:Instagram - https://www.instagram.com/cosmo0404/
Welcome to this episode of Building Great Sales Teams! In today's show, we're joined by Josh Fonger, CEO of WTS Enterprises, who is a consultant, coach, and speaker. Josh specializes in developing and implementing systematic solutions to complex business problems, and is the sole worldwide licensing agent for the Work the System Method, based on Sam Carpenter's book Work the System: The Simple Mechanics of Making More and Working Less, now in its fourth edition.Josh's firm, WTS Enterprises, has attracted over 100,000 business owners from over 50 countries, and he has personally consulted or coached over 1,000 business owners from more than 300 industries, from small startup businesses to $500M enterprises.During the episode, Josh and host Doug delve into the concept of the "small business yo-yo," and offer valuable insights on how to cut the string and achieve sustainable success.Connect with Josh:Instagram - https://www.instagram.com/work_the_system/Check out the WTS Enterprises Live Event .
Today we are talking to Jonathan Fodera, who has been in business financing for 14 years and has helped thousands of entrepreneurs get over 500 million in funds for their businesses. He's the founder of Integrated Business Financing (https://www.integratedbusinessfinancing.com/), which is a small business lending marketplace that specializes in getting businesses into the best financing programs they qualify for. Learn all about business financing, how to get money for your business, when you should get financing, where to start, and how to grow. Should you get a loan? Should you get a line of credit? When should you do that? When should you avoid that? All those steps and more. This is the Brands On Brands Podcast with Brandon Birkmeyer GET THE WEEKLY NEWSLETTER This is the best way to have branding and marketing secrets delivered to your inbox, and get first looks at new resources. https://www.brandsonbrands.com/bteam SUBSCRIBE TO MY CHANNEL Watch each week as we interview the top minds in marketing and share tips to build brands that matter. https://www.brandsonbrands.com/youtube CONNECT WITH ME Connect with me on social media: https://www.brandsonbrands.com/hotlinks JOIN THE PODCAST BRANDING ACADEMY Get your free podcasting 101 starter kit and more! https://www.podcastbrandingacademy.com CONVERT 1 HOUR INTO 1 MONTH OF CONTENT Get my Ultimate Guide to Repurposing Content, which includes 3 Content Creation Tips, 11 Content Creator Tools, 30 Repurposed Post Examples, 28 Content Calendar Prompts, & 30 Bonus Post Ideas https://www.brandsonbrands.com/toolkit
Business Financing is a strategic way to prepare for uncertain market conditions. Join us for a Special Webinar where we show you all the steps you need to take to maximize your loan approvals. Take an hour out of your day to prepare your business for the funding it needs. Resources: Website: https://CreditSuite.com 27 Ways to Fund Your Business: https://utm.io/ud4Om Business Credit Building Guide: https://crdt.st/udFBj
In this episode, Phillip Lanos and Jason Miller are joined by Phuong Nguyen, Founder, and CEO of Partners in Company. Phuong Nguyen is the Founder of Partners in Company, an agency dedicated to data science and creative design for private equity firms, the public sector, and SMBs. To date, Partners in Company has built data visualization solutions for the Marines, designed campaigns for NYU, and helped SMBs obtain $1.5MM+ in financing.Tune in to learn more!For more go to: https://www.strategicadvisorboard.comConnect:Strategic Advisor Board: www.linkedin.com/company/strategic-advisor-boardJason Miller: www.linkedin.com/in/jasontmiller-sabPhillip Lanos: www.linkedin.com/in/philliplanosPhuong NguyenLinkedIn: www.linkedin.com/in/pnguyen1081Twitter: twitter.com/PN_Partnerswebsite: www.partnersincompany.com
Businesses that have invoices can get some of the best alternative financing! Join us as we show you how Accounts Receivables Financing works and find out if it makes sense for your business! Resources: Website: https://CreditSuite.com 27 Ways to Fund Your Business: https://utm.io/ud4Om Business Credit Building Guide: https://crdt.st/udFBj
“Would I prefer cash through debt, or cash through equity?I would always choose cash through debt - what happens in partnerships is one person always works harder, and there is always some level of resentment towards the other ones; you could always find a coach, you could always find a consultant or a mentor. And typically, you're going to have a lot fewer challenges.”There's good debt and bad debt. Essentially, debt is good when it is funding the purchase, today, of an asset that will create value in the future. This is why, in the consumer lending world, mortgage debt is typically good and credit card debt is, well, less commonly so. There are so ways in which we, as consumers, can be tempted into using debt to purchase consumables. But in the business lending world, that ratio skews more towards the good debt side of the equation, because there are so many more value-generating assets to consider - does the business need a new building, or a new machine, or to hire a team to break into a new region.Unfortunately, the business lending world can also be overwhelmingly confusing for small business owners. Jonathan Fodera, president at Integrated Business Financing, is here today to help me get my head around the options. Jonathan helps businesses of all sizes grow and scale by finding the best financing solution possible, from SBA loans to equipment financing to working capital lines to invoice factoring to startup loans and more.You can find Jonathan over on LinkedIn https://www.linkedin.com/in/jonathan-fodera-391a98a1/ (or using jonathan.fodera on the other platforms)Integrated Business Financing is there, too, but there home page is over here: https://www.integratedbusinessfinancing.com/ for a more direct route to the info you're afterThey also have a YouTube channel if videos are more your thing https://www.youtube.com/channel/UCv9gp1n6t2lmyVicsTXZYeQFor my stuff, visit me on my LinkedIn page (feel free to connect), while my action-adventure novels are on Amazon, some versions even for free, and my work with ConfirmU and our gamified psychometric scores is at https://confirmu.com/ and on episode 24 of this very show https://www.howtolendmoneytostrangers.show/episodes/episode-24If you have any feedback or questions, if you would like to participate in the show, or if you'd like to find full written transcripts with timestamps head on over to HowtoLendMoneytoStrangers.ShowOh, and since you like banking podcasts, head on over to https://blog.feedspot.com/banking_podcasts/ to find related content that you may find interesting. Hosted on Acast. See acast.com/privacy for more information.
Are you are invoicing your clients? Do you have problems collecting when the bill is due? Clay and Z are breaking down the details of how to avoid death by invoice.