ON THE PURSUIT PODCAST (PRST)
On the Pursuit (PRST) Podcast connects with entrepreneurs, movers and shakers that are making a real impact in life & business and we share these stories to motivate and inspire you to take action in your life. Now kickback and enjoy the show whether you are chilling, working out or on-the-move.
ON THE PURSUIT PODCAST (PRST)
From Credit Score to Capital: How to Transform Your Financial Future
Imagine having the power to transform your financial future with a resource you already possess but aren't fully utilizing. That's exactly what credit expert Kane Robinson reveals in this eye-opening conversation about leveraging credit as a wealth-building tool rather than just another form of debt.
Whether you're struggling with bad credit, sitting on good credit without knowing how to leverage it, or wanting to set your children up for financial success, this episode provides actionable insights to help you navigate the credit system more effectively. Ready to change your relationship with credit and unlock opportunities you didn't know existed.
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If you're not willing to put time in for a little bit of return, why would someone believe that you're going to put time in for a big return? If you won't do it when it's small, you won't do it when it's big.
Speaker 2:What is something they could do with the credit to help them get out of this situation or maybe generate another associate income?
Speaker 1:At a $5,000, you know card you liquidate. You only got $100 a month that you have to pay to the bank Like anyone. Follow what I'm saying. Now you got something tangible. You have a business that you can fit. If you can fit 5,000 in expenses whether that's marketing, whether that you still got to work it but that gives you something to go off. So, like I said, most people $500 to $1,000, that changes most people's life. You follow what I'm saying. If you can make an extra $500, that changes the car that you're able to drive. If nothing, like when just the extra $1,500 can actually drastically change their situation.
Speaker 2:If you were speaking, to like a young college kid right now who's getting their first offer for a credit card.
Speaker 1:What would you say to them? This goes back to the mindset. But if you get it and your first thought is I'm going to use this to spend, you're going to just spend it and eventually you're going to spend it up to the limit and it's just going to be considered dead, you follow what I'm saying. Then you fell in the trap because you didn't think like a actual investor. You didn't think that was capital too. You thought of it as capital to spend, not capital to actually create something.
Speaker 2:Welcome to another episode of the On the Pursuit podcast. We connect with six, seven, eight figure entrepreneurs. I bring them on a podcast so they can share their story how to make an impact and inspiring so many people and exactly how they've been able to do what they do so they can help you improve your life. And on today's episode we got an amazing entrepreneur came all the way from Tampa to sit with me to give you all an amazing conversation and he got a lot of information that you need to tap into and actually implement. So this is going to be one of the podcasts that hopefully you're able to take this information and implement. So, kane, welcome to the podcast, bro.
Speaker 1:Welcome, man. I appreciate you guys having me here, for sure.
Speaker 2:Yeah, yeah, yeah, 100% man. I appreciate you guys having me here for sure. Yeah, yeah, 100% man. So, um, one one thing I know about you is that you help a lot of people, um, change their lives, bro. You help a lot of people change their lives, and, and, and it's in an area where a lot of people are afraid. Right, and, and that area is is money. Right, people have like a whole warped sense of how they approach money, or how they may um think of how to use it or, um, maybe getting access to it and some of them getting a lot of access to it, but then that doesn't always turn out to be the best thing for sure. You know what I'm saying. So, um, how did you get in the space of helping people, uh, get access to funding and just helping people, just get access to more capital? How did that come about?
Speaker 1:Got you, got you. So for me, man, it really just I got active in it because the first time I ever heard credit if I just go back, the first time I ever heard credit, my uncle of mine. I was helping him move and whatnot. I said, hey, I want you to get a little rental unit up there or whatnot in the city. He was moving up to Ohio and he said something about credit. He was smoking a cigarette it's so funny and he said my credit shot and I never heard credit. I was like 19. So I said what's that? And he told me a little bit about a download credit card. My right hand had like a 630. He said that's great Hindsight. That's not too dang good 630. But I've always had a fascination for it.
Speaker 1:You follow what I'm saying. I started with like warehouse job and the only thing I would do at that warehouse job it was cake. I had to do nothing. Really, it was just driving a forklift about 30 minutes of every hour.
Speaker 1:Anyway, long story short is I was able to educate myself and I was just like credit. Okay, how can I use this and leverage this? Because you, especially with you, know if you in the space and whatnot, you're going to see ads and advertisers that show you entrepreneur type stuff. So it's always looking for something. And one thing that always gravitated towards me was credit. You follow what I'm saying, so I can talk about it forever. I can think about it forever, I can. You know, I was always intrigued with that.
Speaker 1:So when it came to helping people, um, as you know, I always had good credit, you know, and I was like hey, I can, I can show you a little bit of this, I can show you a little bit of that. So it really started gradual. You know, whenever you're trying to advance your life and self-development, you always try to put your people on first, you know, and those are the people who are most reluctant at the beginning. But that's kind of how it started and you know before, you know after a little while with it, you know you get a little name for it. But that's kind of how I got started and I kind of forced my people into it. When I decided to go full, full ticket with it, I said, man, send me your credit profile. I'm sending you this link, you know, go sign up for your credit, I'm going to fix it. So I kind of got my name by doing that right there. That's how I got started.
Speaker 2:And I wanted to people like that right there and start and build from there. What was the fascination with it? Because, like you said, you had a warehouse job, you were doing a forklift. What was the fascination around it that got you so intrigued with it? And then, obviously, it got you out of what you were doing. So what about credit? Got your mind spinning.
Speaker 1:I got you. So I think, like I said, so it's rooted. I guess it would say I was rooted with real estate, I like real estate and I was okay, well, you need OPM. I'm like, what is this OPM? But Robert Kiyosaki breaks it down that's just credit. So when you hear it consistent I think that's what it was you really hearing a quote, unquote the blueprint, like they say, borrow debt to use it to buy assets. So it was just conceptual. If that makes sense, it's like that's the way to go, that's the capitalist way. So when you're looking at it from that standpoint, I'm like well, this is what the billionaires are doing. This is how the country has advanced. They leverage credit and use terms and creative financing to take it to the next level and that's the reason that our country is in this level. So, regardless of what you may feel about the country or where you at and whatnot, it's this system.
Speaker 1:Everything is built on credit. You follow what I'm saying. You work on credit If you work a nine to five, and there's nothing wrong with that. If you work a W-2, everybody's worked that If you, everybody's worked at, if you work a w-2, what do you do? You go there on terms and you work two weeks before you ever get paid. So that employer is getting credit. Credit is just getting goods or services before payment. You know what I'm saying. That's the way to look at it. That's all it is. So rappers, the same way, they get in advance, that's credit. They might have cashed out on a corvette, but they still owe the bank or they still owe that. That's still credit in some form or fashion. Just because it's been liquidated and turned into cash and they have it in their hands doesn't mean it's still not credit.
Speaker 1:You follow what I'm saying. So everything's credit, like everything. But going back to it, like the employee. So if you are working, you got to work two weeks before you ever get something, so you are the credit in that sense. They get an employee for two weeks before they ever have to cut you a check. So I feel like it's literally you're in the credit system whether you want to be or not. It's almost like a matrix. You're in it and you're forced to be in it. So you can learn the rules, you can learn how to adapt in it. You can opt out. There's so many ways you can do it. I just chose to monetize.
Speaker 2:Maybe you're someone that used to be like me, where I didn't really have anyone that can hold me accountable, nor did I have a group that I felt comfortable about. You know what these are. This is my tribe. I can grow. Well, listen, we put that together Podcast school. I'm teaching you guys monetization secrets, accountability, discipline, how you get better with content, and this is just a group that you want to grow with. Click the link below. Join, let's go. Yeah, I got you, got you.
Speaker 2:So the easy question, or typical question, I feel like, would be so many Americans got bad credit. You know, why do you think they have bad credit? You know what I'm saying, but what I want to ask you is there's a lot of people out here that have good credit. Yeah for sure, but they don't know what to do with it. They don't know how to leverage it right. They probably haven't even looked at it, or maybe they pride themselves on just having good credit. So someone's watching this right now or listening to the podcast, and they actually have good credit. Yeah, like, what are some things they can do with it and why should they consider leveraging their credit?
Speaker 1:Okay, that's a great question, because that's half of people I mean we got people who have I think it's like 40, 50% of people have bad credit. About 40% of people have quote unquote unfavorable credit. And there's the other half that have good credit. They don't know how to leverage it. It's because you haven't been taught the power of it. No one's been taught that. I was in that same position, so I had good credit, but I didn't learn until like 25, until how to actually stretch it. So I only had one credit card until I met a mentor who was like why you have one when you could have 20? I never had my mind stretched to that. No one asked me that question. So people have good credit or they have one credit card, but they think that credit cards equal debt.
Speaker 1:You follow what I'm saying, so they fray away from getting credit cards. You follow what I'm saying and that's the only things they hear about. They only hear about credit cards, auto loans and mortgages. So that's all we're taught. We're not taught the lending institution how to go get a commercial loan. There's people who have the limited belief that you can't go get a loan to build a product. There's people who are using credit. They're getting paper. They're getting architects to build, to create some paper. Say we're going to build it. You follow what I'm saying. So no one's ever told you like or posed the question like you.
Speaker 1:Sure you're doing everything you can with that. You've got a 750 credit Like you were thinking about an investment. Sometimes they have fundamentally wrong like mindset about it. So you want to save money. You got good credit and you want to save the money. You follow what I'm saying. You're working hourly to save money. So if you're trying to save $10,000 and you're doing it at 20 hours a pop, you're going to have to work 500 hours when you could just literally leverage your credit today and get into that thing. So let's just say it takes you. Now we're talking about 500 hours. Most people work 2,000 hours a week. So I'm at 2,000 hours a year annually. You know what I'm saying. So an extra 500 hours, that's a whole quarter. It's a whole quarter. It's a cold quarter. So you got to put that up. You got to work overtime just to say that up, when you could just leverage your credit and get into it.
Speaker 1:But people haven't been taught that. They think credit is debt. They don't understand how servicing and it works so well, and I think that's a big thing. It's a knowledge, it's a knowledge barrier. You follow what I'm saying. It's the you got to get bit by the bug in a way, or someone has to introduce you to how to leverage it so you got good credit.
Speaker 1:There's many different ways you can leverage. You got a credit card. You can start making income from it. It depends on what you want to do. So I feel like it's about finding out what your risk is, what your risk tolerance is, because credit is debt and you will have to pay it back. So a lot of times people get on there and they start talking about credit but not talking about payment plans or restructuring.
Speaker 1:So that's one thing I specialize in showing people the nuance on it, cause I don't understand just credit. I understand debt Cause it's all, it's all money, it's all debt. So I think that's the big part of it. You got to understand how to leverage it. So most people can leverage it by getting extra credit cards to. The first thing is if you got you know, 24, 24, let's say, 24% interest credit cards, you got debt piled up. Leveraging your credit. Just on a excuse me, just on a strategic note of you getting credit cards that have lower interest. So that might help someone who's you know trying to. They're debt averse, but they're trying to get out of debt faster. So it all depends on your strategy.
Speaker 1:Or someone might be like hey, I want to use credit, I got 50,000 in debt, but I heard this thing of using credit. Let me go get a 10K credit card, let me go get more debt. Because I believe if I create an income source, I create a business that can generate an extra $2,000 to $5,000 a month that can help me pay my debt down faster. You follow what I'm saying. So it really depends on your investor DNA. How do you like to invest money? So for me, I have a high tolerance. I can pull the whole credit card and I understand how the debt works. If I pull a $20,000 credit card, max it out, understand the payment is. If you've got a no interest credit card, the minimum payment might be only 2%. 2% is only $400. Would you take 20,000 right now for a monthly payment of $400? Rob Markman.
Speaker 2:So a lot of people wouldn't though.
Speaker 2:Rob Markman, you're right, rob Markman, a lot of people wouldn't, because I remember so one of my friends, she was going to invest in a business Rob Markman, yeah, rob Markman, right, and she had maybe $50,000, $60,000. In savings. So she was like she was like Brandon, I'm about to get in this business, I got the money, I'm going to buy an online store, whatever, whatever. So I'm like don't use that bread, like let's go get you an LLC, get you set up, get you access to some business funding, let's leverage excuse me, let's leverage that money and then your money's chilling and then you can use that money to buy the business and you still have your money. But a lot of people would be afraid of that. You know what I mean. Yeah, it's like we live in America's interesting because it's like we live in a place that got so much going on, but we also live in a place where it's like you can make something out of nothing For sure.
Speaker 1:Absolutely, you know what I'm saying.
Speaker 2:So it's like if someone has a really good credit score right now they working a regular job, bro, maybe they making the minimum 50,000. Yeah, how much power do they have with this credit that they're not using? And what's something realistic, like not something outlandish because you got a high tolerance. But if someone just have like a decent level of tolerance, what is something they could do with the credit to help them get out of this situation or maybe generate another source of income? Rob Markman.
Speaker 1:Got you, got you. So if I'm taking that, bro, I'm taking the information you just kind of gave me right then, like I said, my company is called TaylorMade Consulting because we tailor make solutions like this. So if I'm thinking of something in that situation, I do this all the time. So I would break it down like this you have a low tolerance for debt. Someone who's working, you know, got some income coming in, got a stable income coming in. Just have a. Let's say, you get one card right $ $5,000 to start a business that you're passionate about, right, that's enough to where you can take all the money right and then start your business and only have a small payment. Like I said, it's all about understanding the cost of money. So if you understand the cost, you'll borrow more effectively, you feel what I'm saying Because you're educated, you can understand what it's going to cost you.
Speaker 1:People just hear debt and it's too vague. It's like, oh, it's debt. You feel what I'm? Debt, debt, debt. Some debt can help pay you.
Speaker 1:So if you liquidate a card 5,000, and anyone can do this Anyone who has good credit right now can go get a 5K credit card or go get two for 2,500 and you add 5K total. The point is take that money and you can start a lean business. Take 2,000 to 3,000,. Start a very lean business. Basically, invest in little marketing materials. Invest in whatever it is, whether it's a t-shirt business.
Speaker 1:Just start small right, because your only goal is to service the debt. You got to get known anyway. So it takes time to actually build your business. You're not going to launch in the first month to make money the first very month. You follow what I'm saying. So if you keep it small and you understand the cost of the money, if you borrow 5K and you got a 2% minimum payment every month, that's about a hundred bucks. Everybody can afford that. You follow what I'm saying. So now you've got your side business. Too many people are looking at the total number 5K in debt. You're not looking at the monthly, it's okay to hold debt. People are holding student loans. People are holding car loans.
Speaker 2:And they're cool with that.
Speaker 1:And they're cool with car loans. We've been trained that, okay, you've been cool. I was talking to me I'm cool with getting a $300,000 mortgage, but I said but you won't take a $3,000 loan for a business. That doesn't make sense, yeah, so you're trained to think it's okay to get a mortgage, yeah, Like it's okay to do this, but this is scary, right, but to not take less debt,000 mortgage is okay, it's acceptable.
Speaker 1:So sometimes it's just rooted in that. But going back to the question you asked, so if you had a $5,000 card you liquidate, you only got $100 a month that you have to pay to the bank. Anyone can leverage that. You follow what I'm saying. Now you got something tangible. You have a business that you can fit. If you can fit $5,000 in expenses whether that's marketing, said most people, $500 to $1,000, that changes most people's life. You follow what I'm saying. If you can make an extra $500, that changes the car that you're able to drive. If you're able to make an extra $1,000, that can change the zip code that you're actually living in.
Speaker 1:So many times people think that it's Lambos or nothing, when just the extra $1,500 can actually drastically change their situation. You follow what I'm saying situation. You follow what I'm saying. So that's like I said. That would be the leanest way to just keep it simple. Start small and then you get your debt tolerance up. Maybe you advance. Let me get 20,000. I'm going to take that and I'm going to grow the business even more. But start small, keep it lean, all right. So check this out.
Speaker 2:College kids are basically targeted for credit cards, for sure, and generally, when they get out of school, there's a high percentage of them that have bad debt. So if you were speaking to a young college kid right now who's getting their first offer for a credit card, what would you say to them? What would you say to them?
Speaker 1:I'd say rock with it because, like I said, I'm always going to say rock with it. Just use the debt, understand debt and use it affordably. So most people who get those credit cards, they only get approved for $300,000 to $500,000. It's not a whole lot on those cards, but they use it as spending income. You follow what I'm saying Discretionary spending income. Just swipe whenever you can use that same money.
Speaker 1:I guess everything's a marketplace. You can just buy and sell. They're in college, there's plenty of college kids. You use that money to buy whatever type of inventory you buy. Okay, I got a $, buy it off this, buy this laptop off of him. I'm going to sell it for 400. Just repay the card.
Speaker 1:So, like I said, and that's starting small, so I think that just goes back to the mindset. But if you get it and your first thought is I'm going to use this to spend, you're going to just spend it and eventually you're going to spend it up to the limit and it's just going to be considered debt. You follow what I'm saying. A actual investor you didn't think that was capital too. You thought of it as capital to spend, not capital to actually create something. $300 goes a long way you can go and buy. You can go look at Facebook Marketplace and go find plenty of free stuff. You follow what I'm saying. I know it sounds conceptual, but you can go find plenty of free stuff. If you had to walk to pick it up and just resell it.
Speaker 1:I mean, you really day?
Speaker 2:Well, I have some but I almost bought a second pair off of Facebook Marketplace for 250 and I was just going to resell it for the 300. Just get that little Rob Markman. 50 bucks, rob Markman, yeah, 100%.
Speaker 1:Rob Markman, you might be driving downtown. You might be driving downtown going to Chick-fil-A and you're just like Rob Markman, that's crypto.
Speaker 2:Put that $50 on.
Speaker 1:I'm telling you, I mean so like small stuff like that right there, brother, I mean sometimes people look at it as it's too. You know what I'm saying. It's not worth the time. But if it's not worth the time now, I mean you follow what I'm saying. If you're not willing to put time in for a little bit of return, why would someone believe that you're going to put time in for a big return If you won't do it when it thing? If you ain't doing it now, you definitely going to do it later. If you ain't saving $10, you ain't going to save $100. If you got $100,000 right now, you're not going to save it because you ain't even saving $10.
Speaker 2:You thought you couldn't.
Speaker 1:You follow what I'm saying, so that all comes back down to this Whatever is in, this is how you're really going to dictate in life. One who has failed at that level Like I said, high risk man, 400,000, 500,000 of credit debt had to almost file bankruptcy because not using it the right way. So I understand, starting in lean, keeping it straight that's the biggest thing, keeping lean and then scale up for sure.
Speaker 2:What are some of the misconceptions about credit that you ran into with clients that you dealt with? So not just in general, but what are some of the things you've heard specifically with people in their mindset around credit?
Speaker 1:I got you, I got you. So I've heard it all. Man, Like I said one thing with dealing with clients and with that, everybody's perspective is different. So they have preconceived notions about how credit works. And when I had one guy it's so funny he was saying okay, look, if you can get me. He was trying to sign a program. He was like, if you can get my credit fixed by the weekend, so I can get me a new car, he said I'm good, I'm on my app right now. So imagine that he thinks that I can go in and just rearrange, Like I'm just going in and racing.
Speaker 2:Imagine that you could just make it happen like that, right Like.
Speaker 1:I'm on that right now. Go ahead and do it. Perspective of like I said, there's some people that we have, clients that have already came to us and got 70 accounts on their profile. They only came for the additional guidance and the other things. You follow what I'm saying. So there's all walks of life, I've seen people come in with just student loans. You know what I'm saying. So when I look at your credit report, it tells me about you. You follow what I'm saying. Well, I've fixed people. I've fixed I have beforehand I've offered payment plans to certain people and I'll give you an example. So if I offer a payment plan to someone and then I go on their credit, right, then I see that they have credit builders on there, right, and that's what starter accounts and you've already messed those up, right. What does that show about your psychological spending habits? You follow what I'm saying you're probably not.
Speaker 1:And then those plans later on went to like your credit shows you a lot about how you think. Psychology, uh, psychologically and whatnot, man, rob Markman.
Speaker 2:That's a good point. I never really conceptualized that, thought that psychologically thinking, the way somebody's report is kind of dictates how they might think Rob Markman, yeah, for sure, rob Markman. So what would you feel like would be step one If someone wanted to change their mindset around, because this is the thing. I could go to you, or someone can go to you and they can get their credit fixed, for sure, but their mindset is not fixed Absolutely, so they might have to come back to you. Yeah, so let's say, someone goes to you to get the credit fixed, what are some tools that maybe you suggest? So you leave them with so they can start working on their mindset, so they're not in that same situation I got you. Well, the first thing I say I think that's first.
Speaker 1:That's the first thing I say I think that's first, that's the first thing. So, if you're not addressing that mindset, number one is learning the power. You got to learn the power. If you got a 750 credit and you don't have access to 100,000, what the hell are you doing? Because you follow what I'm saying no-transcript, a good credit score, and you don't have that. You, you've been sleeping on a rod because it's easy to get, you can. It's stated income. You follow. I'm saying so if you don't have it, it's a paradigm. Another thing if you haven't got it, you have, you don't have the same paradigms as someone else who has had it, because you haven't experienced that, and that changes everything, that changes the game. So, um, I feel like you're like, you're like you're getting that like psychological is everything. But, um, when it comes down to actually like, uh, understanding how, when it comes down to understanding exactly like what you need to do, you need to learn the power of it, you follow. I'm saying, if you learn the power of it, then you okay, I gotta take it serious follow. I'm saying, yeah, because I, I can give the game in an hour, I can give all the game two hours, master. But if you don't have that right mindset, that's the first thing. You got to understand the power. Then you got to reprogram that mind and that takes time, like I've.
Speaker 1:How I learned this? I bought mentorships. I learned I bought many mentorships with the credit cards I got. So I reinvested, got credit cards, used those to buy mentorships, to learn more information. And I was driving you know, trucks and I'm learning the information every night. I'm just learning information, soaking the information, like is this really possible? You follow what I'm saying, reprogramming my mind.
Speaker 1:And what actually pushed me over the edge is I was in the trucking industry and then I was a partner one day and I had my kids in the truck, I had my wife in the truck and I was like you know what? We got 750. She got 750. I can't be sitting on the sidelines because I'm scared. Like I said, I can speak for this because I was there. I was scared to even apply with a 750 credit score. You follow what I'm saying. Sat there with the Truist. Truist is one of the good ones. So if you guys, truist is really good, you don't have to have no money in the account and they'll give you money. They gave us a $40,000 loan, $25,000 business card. They give the money out, guys. Truist is one of the good ones. So if you guys on the East coast, they're solid. But I parked up right and then I said let me use my wife as a guinea pig. So I went on and I used her credit score.
Speaker 2:I'm going to mess hers up.
Speaker 1:first I heard this little hack. It was like hey, man, if you apply for three cards, if you get approved, they'll give you the same limit on every one. So I tried and they gave us like 7,000. They approved it for 7,000. I said, let me try another application.
Speaker 1:I did two more applications and they gave us 7,777. So I was like whoa, whoa, whoa. So I just sat here in 30 minutes and I got 18. So 18, 22, 40,000 in like an hour. I was just sitting there and then the cards in the mail. I'm like this is crazy. So that right, there was a paradigm shift for myself and I feel like some people aren't even hitting apply. They can do this right now, Like if they're watching this and they're like I hope they're motivated to go hit apply right now, because you never know, that can change your life.
Speaker 1:You follow what I'm saying. They let you invest in something that you ain't have. So it's about access to money. It's okay to have a little bit of debt. What is the debt? Good debt If you're spending on masterminds, if you're spending on and, like I said, spend within your range. But if you're spending on masterminds, if you're spending on things that actually going to elevate you, you follow what I'm saying. Is it good debt, Is it bad debt? That's on you to decide actually changed your life oh, man, like I said it.
Speaker 1:So, like I said, everything's a leverage for me. I'm always about sacrificing to get to the next level. So I was working in the warehouse, I was on the way to get my see my kids when I little truck driver had, you know, tapped me and whatnot, uh, caused a little accident, whatnot? I was speaking to him. I was speaking to him about money. I was making about seven dollars a week in the warehouse. I'm like man, I'm all about the money, man. So I'm like man, what y'all making over there? Man, can I make at least a thousand? Just think about the thinking. Man, like I said, it's all about the thinking. How you think where my level was.
Speaker 1:I was accepting 700 a week, yeah, but then I'm I'm looking for something else. I say, hey, man, uh, what y'all making? He's like I can make my 1250, man, I'm trying to. You know. He's like, yeah, you can't. So, long story short, I get into it, but that's how. So that changed my perspective on money, because I what 700 was a week, that's. That's a different psychological pattern. You're used to different things when you're making $700 versus if you're making $1,000 or $1,500 a week. Those are two different lives. You catch what I'm saying.
Speaker 1:So it was that going to that level and I was like, okay, well, what about this? Like I said, I was in the truck industry. How do I make it even more? Can I make $2,000 a week, $3,000 a week? So I went to another company and I leverage this money. If you're making 3,000 a week, how can I leverage this? So a name drop I bought one of him 500 courses a couple of years back, two years ago, and, like I say, it was pivotal for me.
Speaker 1:That's how it changed my life. I was able to learn before I ever took action. I was able to learn and look at all the course material. I'm like, okay, this guy already had good credit. I just didn't know how to leverage it. I didn't understand the power, I didn't understand this car, this and this, and I already had mortgages in my name. So when I went out, like because of real estate, I had properties from the get-go. That's how I got into just entrepreneurship in general, with, you know, just buying properties. But I was doing it cash, I was does it cash flow? I was like, yeah, I bought it.
Speaker 1:I mean, you know, I'm saying, and I just pulled it off a card and I was like, so being able to move, maneuver, when you once only thought it was like a dream to be able to move in and shake and make plays, your credit was able to allow you to do that and it can help anyone do that. So that's, it gives you liquidity and allows you to move and allows you to break free from mental paradigms, because when you only looking, when you only looking, you know 10, 15 days down the road because you got bills down the road. You follow what I'm saying you. It's hard to see what's next, it's hard to see what's around the corner, hard to see what you really need to to work on. You follow what I'm saying.
Speaker 1:But when you got some credit, you got a hundred thousand of credit, those bills kind of disappear, those problems kind of disappear. Yeah, it's still dead but, like I said again, you have access to it. You got time, you got things. You follow. I'm saying you can actually float, but if you're not into the money system, like well, that's what credit is, it's the money. So if you're not tapped in, be able to experience those things. So that's the biggest thing. It changed my mindset.
Speaker 2:So I'm with you. So there was a point where I didn't know that power either. And, man, I had a clothing company and I funded the entire clothing company by using cash, cash ooh, you know what I mean. And it was me and a business partner and I basically funded everything. And the thing about it is, because I didn't know the power of credit, I didn't know the power of leverage, I basically allowed my home to go into foreclosure because I wasn't paying the mortgage. I was using the money to fund the clothing company when I could have just I could have just bought against the property. You know what I'm saying.
Speaker 1:Yeah.
Speaker 2:Or set up my business structure properly and then just got access to funding. You know what I'm saying. Yeah, so that's major and you're right Like having that mindset or just having that access to information that automatically changes your situation. You know what I mean. So now the individual you are right now with the, with the mindset that you have and access to credit and capital. Now, how do you look at opportunities? How do you look at business? How do you look at cash flow? Let's say something was presented to you this upcoming week. How would you approach it?
Speaker 1:Got you, got you. So I feel like you got to be, you got to be mindful, because when you are tapped in and you do have solid credit right and you get access to it, there's going to be other avenues.
Speaker 2:There's always going to be avenues.
Speaker 1:You follow what I'm saying If you're on Instagram, you got to be careful who you message.
Speaker 1:Everyone's trying to sell you something. So, like I said, you can get bit by a bug and you can go a little too fast. So I feel like, like I said, it's about understanding and taking it slow because, like I said, you get access to it. It's kind of like a lighter fluid. You follow what I'm saying. If you get access to it and you just want to buy things, you might just go out there and buy a bunch of courses. You might just go out there and buy a bunch of things. So I feel like it's about keeping a level top. You can't go too crazy with it too fast. You got to give yourself time to actually learn and adapt and use this stuff, because you got to learn lessons along the way. You don't want to crash and burn too quick. You don't want to crash to burn too quick.
Speaker 1:So, for me, I feel like the most important thing is just to understand what you're getting into and then learn how to vet stuff, because once you get it, you can just get into anything. Oh, I can Bitcoin, I got this. I can stocks. You got to learn what you're doing. You got to learn what you're doing. You got to know your path, because getting access to capital, that's my thing. That's a form of a business, right, and you can make a business out of getting capital, helping people get credit, but that's actually a skill. You know what I'm saying. If you get capital, you still have to be a business person and then you have to start a business. That's a whole different skill. So have and other people can get.
Speaker 1:But I feel like whenever you're looking at an investment, if you got access to it not access to it, but access to the capital you got to vet things properly and make sure that you're getting something viable. Is it long-term? You got, like I said, lining up with your investor DNA. Don't just be jumping into things that sound good. You follow what I'm saying. I've done that as well business to business and in my youth and whatnot, because, like that's what you think, there's something. You got to find something that you like. For me, credit was solid, so I'm not going to veer too far out of that right there because I can make money within the credit space. You catch what I'm saying.
Speaker 1:A lot of people can make money within just knowing credit knowledge as well, like, for instance, like being able to travel you follow what I'm saying. Like that allows you, if you have credit cards, you can get one or two credit cards, like a lot of people can. Just, you got 750 credit, get a once or two credit cards a year, right, like travel credit cards, and that that's a that's a whole caveat. That's not even talked about and that's not even. That's not even I'm talking about travel hack. I'm just apply for one or two credit cards that are rewards, get them and spend the money that they tell you. Just put your rent on it 2 000 rent, everybody's paying 2,000, 3,000, $4,000 rent. They're saying, hey, spend $4,000 in 90 days, come on, put your rent on it.
Speaker 1:One time and you're solid. Now you get the 100,000 points and you're solid. So it's small things like that, right there. But when it comes to investments and whatnot, how I look at it is it's a different frame that we're talking about. If I know that I can get access to capital at any time, you, it's way deeper. I was, we were talking in my business partner, trevor, we're talking about it beforehand, talking about airbnb, and we're just they're getting one. We've had that before, but like getting another one, well, because we've done one before, it's you.
Speaker 1:You speak faster, you're able to put frames together quickly. Oh, yeah, let's do this, let's do this. You don't have to have the capital. If you know how to get the capital, you're always good. Yeah, you follow what I'm saying. Okay, well, I don't have the credit. This person don't have no credit. Let's put it together. You understand the creativity of it. You catch what I'm saying. So I feel like that's the big one right there. Understanding the creativity of it, you don't have to have no money. If you know how to get money, you're like well, I can have no money, but I can leverage this three-digit score, called a credit score, that everyone who has a social is born with. Let's just use that to get money to start the business.
Speaker 1:You don't have to have how much access to funding do you have Me About half a million dollars for sure?
Speaker 2:So you got access to half a million dollars of funding. Do you feel like you can have enough funding or is this something you will continue to get access to? Do you think like half a million is enough? Would you get a million? Would you get a million five?
Speaker 1:Yeah. So no, I don't feel like I'm at a point where, like I said, it's all limiting, like I said. Like I'm at a point where, like I said, it's all limiting, like I said, it all depends on your little beliefs and whatnot. I'm at a point where I just feel like I want more. I just continue to want more. So I feel like it's a goal, like for me, it's a goal thing. It's like okay, now I want to add another five hundred thousand dollars on it to this year. You know I'm saying so. Like some people have like an income. Well, I have an income goal too, but I also have a access to credit goal. So every oh, I'm making money, I need access to capital. Because what if that money, what if I put that money into a? I can have a good payday 200k this month but what if I go ahead and invest this money? Because I'm thinking that everything will be solid when I could have just got extra 200 000 in capital.
Speaker 1:So it's you want to attack both. You follow. I'm saying so. The same way, you want your followers to go up. You want your access to capital. So every year, you want, like you want your network to go up. You need your access to go up. You don't want to be operating with only 100,000 when you a millionaire, you 2.5 million and you only operate. You ain't got no credit cards. You're following what I'm saying. You're operating on everything on cash and that's cool. But you follow what I'm saying. Credit allows you to hold some of that and withstand certain storms Salaries up and down, rehiring people. If you're doing that cash, you're going to feel it. If you're doing it with credit, it's less. It's less bumpy.
Speaker 2:Who are some people that you look up to, maybe financially right To have to have the financial literacy mindset, to have the wealth creation mindset? Who, who, who are some of those individuals?
Speaker 1:Big dog Got to give a shout out to my main man, Trevor. Really big when it comes to creativity I haven't ever seen I haven't been around. I was personally seeing like creativity and hustle to be able to like put things together and all that Because before even credit. So when I introduced him to credit and all that good stuff, being able to see what he was able to do with it, I definitely look up to him. That's my big brother and everything. Like I said, I admire him, bro, Like so being able to see how he put things together.
Speaker 1:I don't have too many other examples outside besides what you're seeing online and all that good stuff. Another example I would say is Will Roundtree. I love what Will got. He's teaching the community about assets and one of my biggest asset classes. I like investing in, I like credit but, like I said, that's a skill. I like investing in the real estate. So taking the credit, putting it in real estate, because it appreciates you get debt pay down, all that good stuff. So I feel like that's one of the safest things and it's right up the alley. But he also teaches. Like I said, I was a mentee of his. He teaches the mindset of the cost of debt and all that stuff. And that's key, because if you're going to tap into the debt economy or tap into the money system, you need to know how much that money is going to cost you. That's the big one. We talked about it, many with that type of stuff.
Speaker 2:So you think everyone needs to take some type of credit course or some type of financial literacy course, capital course. You think people need those skill sets.
Speaker 1:Well, I mean, if you live in a credit system, absolutely, because, like I said, you're affected by it, whether you want to believe you are or not. Yeah, that's true. You know what I'm saying about whether you want to believe you are or not.
Speaker 2:That's true. You know what I'm saying.
Speaker 1:So like I'll give you an example Like most people they just had, most people can't afford a $500 emergency. We're not even going to go high level.
Speaker 2:Yeah, you know what's crazy? Today I was rereading the Psychology of Money and that was like, right in the first chapter, yeah, they were talking about most Americans do not have $400 in emergency. So if your car got towed or something or you got two flats or an axle broke or maybe the oven broke or something Most Americans couldn't, they don't have the money, the way it would fall, they don't have the cap, they don't got the access to fix, to solve that problem?
Speaker 1:Not at all 100%. So if you, operating from zero to three thousand a month, you felt like you are in a position where you're closer to the poverty line, you closer to the barely keeping your head at five hundred dollar credit card can completely change the situation. That can fix an emergency. You know what I'm saying. That can help you pick up some and I'm not even talking about high level like ten, twenty thousand dollar credit cards or just starting businesses just like anyone. You know what I'm. Because if they say most people fall in that category, that's what it's saying. Right, most people fall in that. So most people can benefit from just a $1,000 credit card because now you don't have to go ask mom or a friend for an emergency. Whenever an emergency comes, I need $300. Imagine if you can just put it on your Capital One and you just pay it over time. Let me $30 every. You don't have to go create, so that's just one. You don't have to go and swallow your ego to go ask for $1,000 or $500. Just imagine that where someone I can borrow $500 and repay it back. As long as I'm keeping my name clean with the credit card, I can help myself. That's a big one in itself. You follow what I'm saying. So just that alone being able to or I'll give you another one.
Speaker 1:If someone is operating at $2,000, there's a lot of people who are up $2,000, $3,000 a month. If you had a 10K credit card, let's say you lost your job. If you had access to a 10K credit card, I understand floating. What if you had $3,000 to spend? That gives you 90 days to get on your feet to learn something new. Yeah, you're going to have debt, but you 10K credit card, it's going to be my backup plan, but I got this 20K card. That's going to be my business, so I got this. My bill's going to be straight for three months, but I also got this. I'm leveraging for my. You follow what I'm saying. If push comes to shove, I go back and get a job. Don't be above going back and get a job.
Speaker 2:Don't be you, man. That's a. That's a really good strategy. Man, break that down again. I don't think I heard anyone really kind of put it like that. So you get access to capital, right, and you got an emergency. So you were saying you got, you got this credit card you could do this with. You got this other credit card you could do, you could do something with. So so kind of put that together like if someone get access to to a couple different credit cards, now they get access to some more capital. What's a smart way to handle it? I got you, I got you.
Speaker 2:Because, I like how you put that together.
Speaker 1:I mean I think it all depends on strategy. And so, like you know what I'm saying, like I'm someone, like if you're going to start a business, I mean obviously I want as much access to capital as possible. But like if you're, you don't need all that for that business. You might only start at lean $10,000. The biggest thing is you need advertising. You need people looking at it, so keep your equipment costs low and some people will go out and get equipment and keep your. Unless you run a business where you need lots of equipment and whatnot. Keep it low and whatnot right.
Speaker 1:A lot of times people, like I said, when you get access to capital, I need it. It's right here. It's tap, there's credit cards. So it's just about sectioning it. You follow what I'm saying. And if you have the mindset where I don't have the mindset where I want to stop getting credit cards, so I'm thinking about oh, I see a credit card, well, what's the rate on that? Or you follow what I'm saying, so I'm almost addicted to continuing to get more access to credit. So, in a a way, you just keep adding on there and whatnot.
Speaker 1:But I like sectioning it out or segmenting. It's like well, this card we're using for this. The same way, it also helps, like when you, you know getting into accounting and whatnot, making sure stuff is clean. You know, there's credit cards for this, there's credit cards that it's an easy way to separate, just separate two different categories. Well, this for our emergencies and this for our little investment, and at any level, if it's a two thousand dollar credit card or twenty thousand dollar credit card. So I think segmenting it like that right there actually helps you. You know what I'm saying, even for people who aren't trying to get into starting businesses, if you have a couple, well, this right here we're going to use for our dining because we're going to get 5%. You know what?
Speaker 1:I'm saying this right here we're only getting 2%, so we're going to use it for different things. So small things like that right there. So, I believe, sectioning it in credit. Use it to travel and do fine dining. It's credit. They work nine to five, so it's not always about leveraging it to make millions. It's sometimes. It can help benefit everyone's life, though. For sure that's a really good point.
Speaker 2:Again, I like how you talking about the segment in it and you're right, they may have cut across out of design to pay your rent and then you can get rewards for that. You know what I mean, which I think is smart, because you're not paying your rent with cash. Now you can pay your rent on that card and use that card to pay your rent. You get all these different rewards and now you can use your rewards to buy different things, go on trips and stuff like that. What are some of the good sides to credit cards and then what are some of the downsides to credit?
Speaker 1:cards. I mean the good things like we would talk about, like the access to being able to leverage them and whatnot. You know ease of access. You can get them like their stated income man, you just get them. You know what I'm saying. Like you don't even have they don't have to be a hacker, you just stated income, you can get them. I think the ease is number one. A pro is the rate you follow. What I'm cost it's always about the cost. You got a 24% interest rate as annual, but you don't make annual payments, do we? We make monthly payments. So if you divided that 24% by 12 months, it's about 2% a month. That's just interest, not including your minimum. So you'll be paying 800 bucks a month, right? So it's about understanding the cost of that. Now, when you understand the cost of it, you understand how to. You know maneuver and whatnot. So I feel like um, when you go back to it wait, pause that right quick. I forgot the question, brian Just keep it, we're going to cut that out.
Speaker 1:Can you recut that?
Speaker 2:We're talking about the pros and the cons. Okay, the pros and the cons Okay. A little mic chat.
Speaker 1:A little mic chat.
Speaker 2:You good, you good bro.
Speaker 1:I mean, we can edit this joint you fine. So, like I said, the con is it's one, there's levels to it. There's credit cards that anyone can get with an LLC. You have good credit. But if you structure your LLC the right way, you build it out and you also come to the bank with tax returns and you get different types of products, Lines of credit. Those are different terms. You can go borrow 20,000 and your payment might only be $130 a month because it's interest only. It's different things. My whole point is that's cheaper credit. So now, instead of having $20,000 that you liquidated on a credit card and you paying $800 a month which you can do, and I'm not against that I'd rather you do that when you're starting something than not just sit on the sidelines.
Speaker 2:Yeah, of course you know what I'm saying Get in the game.
Speaker 1:Yeah for sure, Get in the game, Don't stay on the sidelines. But then there's levels to it. Okay, what if you can borrow 50 instead of borrowing 20 for 800 a month? What if you could borrow 50 for 400 a month? So it's different products and you learn how to that gives you. Let you leverage more. So credit cards, like I said. It's. One of the pros is, like I said, the flexibility, chargeback prevention. You know what I'm saying. Like you might want to swipe something you might be investing in the course and they didn't fulfill on what you needed to do. You have a protection there. You follow what I'm saying. So there's many different pros, but you definitely got to understand the biggest con is obviously the cost of the money. You got to be careful on the cost of the money and have a plan. Have a plan for the repaying of the debt for sure, Unless you want to come see me and get your credit fixed after you mess it up.
Speaker 2:We can facilitate that. It's a good segue, right? So so walk me through this scenario. I'm watching a podcast. Listening to the podcast, I come across you. My credit's like 510, right, I click the link. I'm on a consultant call with TaylorMade and how would you help me take my 500, get it fixed and then get access to capital? Walk me through that scenario, got you?
Speaker 1:Got you. So obviously I mean I hate this one. It depends on what's going on with them, but let's just say they just troubled. They just had some collections on there, maybe a couple of metal. Most people have collections on it. That's what it is Some old debt, it's collections, maybe a couple of late payments. So everybody's going pretty much go through the same process as well. It's the same thing, right? So we're gonna.
Speaker 1:The whole goal is to clean the credit. You know, whatever it takes to clean the credit, get the credit clean, zero negatives. You follow what I'm saying. We don't want no negatives on there. So whether that takes you three months, whether it takes you three years, that's the goal, because you can't even get to leveraging. It's like a light switch being off. If you got a broke light bulb, you have to go and change the light bulb. You can't get no funding until we change that light bulb. So we got to go take those negatives off.
Speaker 1:So we're going to specialize a plan and getting off and nowadays with like the strategies and all that stuff, credit is really fast. Like, if you're doing credit sweeps and there's many different ways to do sweeps, legal sweeps you can get credit pretty clean, pretty quickly, man, like 30 days, 60 days of things, 90 days of things are actually taking some time, but you formulate a plan. So you're really formulating a plan's. Let's talk about that mindset. Let's talk about what you're going to do with this money. How much money do you need? Like, okay, let's talk about what you need to have set up in place, because sometimes I'll tell people you, I got these, like I said in the program, you need to set up these accounts. It's going to help you get more funding if you have relationships with these accounts before we go into funding, and then people will rebuttal like, well, what do I need that? Like I'm teaching you, you, you follow what I'm saying, why you need this, why you need multiple accounts. You don't just want a bank with one bank, you need multiple. You follow what I'm saying. So it's about structuring a plan for those clients right to go into the blueprint, like I said, to go in and once you get everything set up as far as the relationships, okay, now we got five to seven relationships set up and you can get $25,000 to $50,000. You and you can get $25,000 to $50,000, you're able to go in, especially if you're going just for blanket credit cards.
Speaker 1:Like I said, you're going to get fly-by-night results. You feel what I'm saying. You section it out, you build your relationships up and it's not a 30-day process. You're going in. You're understanding that this process is going to take time because you've got to redevelop your mindset. You feel what I'm saying capital. It's the worst thing for you to do is get it quick. So if you didn't have the right mindset and you actually do get your credit fixed in 14 to 30 days and then now you're able to get 50, what would that do if you didn't have that extra time to actually learn those things?
Speaker 1:You follow what I'm saying. So it's about that education. So that's one thing we provide as well, like being able to educate you and like, hey, look, you got the debt, understand the cost of the debt, understand difference in products. You don't got to just go get credit cards. There's so many different types of lending. You follow what I'm saying. So educating, that's the biggest thing. Just emphasizing that, it's education. This is a journey, because you're not like I said, it's a snapshot. 90 days is not the end of your life. You're going to live to 80, 90 years old. You need to be thinking about longevity. You follow what I'm saying Leverage this credit, learn in things that build over time, and that's basically just assets and whatnot. That's why it always sends back down to real estate with me, because it's a simple asset for most people to get into.
Speaker 1:But, like I said, that's the blanket statement. We want to get everything clean as far as your credit. Make sure now, if you have credit, you've got five, 10, but you don't have a lot of accounts. You got three accounts. We need to get you over 10 accounts because you need a thicker profile, some money. You know five accounts, but if you go to the bank with 10 plus more, you go to the bank with you know average age. And credit karma is a good one because everyone has credit karma right and the credit factors are there. It tells you right in plain sight If you actually hit the eye on credit karma. Bro, that's actually how I learned a lot of basic credit game from credit karma. Like, okay, keep utilization under 9%, solid, right. So then you see your credit score up.
Speaker 1:You want to be guys, you want to be in the green on every one of those categories. It's that simple. If you're really like, how do I do this. You're missing what I'm saying. Be in the green on all those categories. So work towards green in every category. But you want to be over, like I said, over 10 plus accounts, 11 accounts. That shows you thickness.
Speaker 1:You follow what I'm saying. If you have age, preferably age 25 years, because if you're going 20 years or 15 years you're not adding enough time. So 20, 25 years to add some age on there. Um, obviously, if you got some negatives on, if you got five, you got some negatives, take those off. You might have a couple collections. So it's a multi, it's multiple steps.
Speaker 1:While you're setting up bank accounts. That's what people do. So people, they, like I said, most people work nine to fives and most people are doing this thing in between times, right, so they don't have time to go to. So they don't have time to go to banks. They don't have time to also send them disputes. They don't have time to put the credit builders on there. But the whole plan is how you get there the fastest if you do them all simultaneously. You follow what I'm saying. You set the bank accounts. It doesn't take that much time. You're making sure that you're actually putting the credit builders on there can build credit with subscriptions. You follow what I'm saying. There's a lot of them like Covo, trove, credit Self. Those are basic ones. You follow what I'm saying. Credit AI, tomo, that's like five right there. You got Ava, they'll give you two, that's seven, and those are considered credit accounts.
Speaker 1:Yeah, those are credit accounts. They will report to your credit for a monthly fee. You follow what I'm saying. You got ones like credit rent boost that's eight right there. You got rental karma that's nine. Rental reporters that's 10. So, if anyone rewind, just rewind. I just named 10 right there. And they all have monthly costs. Figure out that monthly cost. That goes into your budget, right, but, like I mean, I talk about credit strong, that's really the biggest one, but those right there that can cost you about $300. Then you can start rebuilding your credit to where you have a thick profile, the $300 a month and whatnot. But that's a big investment.
Speaker 1:So some people will take their time and put money in Bitcoin. Hell, if you have bad credit, you should not be investing in Bitcoin. You should not be investing in stocks, because if you put 300 in there, right, stocks go up on average. Let's say, 10%, right, 10% on $300 is only $30. But if you put your $300 in and you're actually building your credit, you can go leverage that credit for way more than you actually get the return from the stock market, because you need a larger amount of money to get a return. So once you get that all squared away. Like I said, it's a guideline 10 plus accounts. You want your age to be three to five years, stuff like that, right there. Clean credit, you're going to get the bet. It's that simple. I say it that fast because it is that simple and I overlooked some of the. You just want to have clean credit. Go get a couple of trade lines, make sure that you have 10 more accounts and you're going to get the money.
Speaker 2:Cool man, one more thing, One more thing you want to have.
Speaker 1:You want to make sure you're comparable. Another thing comparable credit. Don't expect $20,000 cards. Don't expect $20,000 cards if you only got a $1,000 credit card. You actually have to work the game.
Speaker 1:The banks don't trust me or you. They trust what's on your credit report. You follow what I'm saying. So if they see that Chase gave you a 20K credit card, another bank might be, and that's the biggest one. To be real, chase is the biggest bank. So if you've got a 20K credit card on Chase, other banks are more lenient to give you. They're not just Chase but chase.
Speaker 1:But, like I'm just giving an example, if a bank has given you a 20k credit card, you can expect 20k limits. If you've only got a 2k credit card, don't expect that. So it's also a chess game. You want to be building it strategically, all right. Well, let me get my.
Speaker 1:Once you get proof of cards, get them credit limit increases. You had a card that's got 10k limit. You had it for three years. You need to call them right now and get a credit limit increase because when you go, let's say, you get that at 20 or 25. You can usually call them every three to six months.
Speaker 1:I put a reminder on my phone. Anybody watching. Put reminders on your phone for every single credit card, because that's access to capital. That's in the plan. So we formulate it too. I give them like Every 90 days, every 90 days. Some are 90 days, some are, you know, like.
Speaker 1:Wells Fargo is like 120 and I learned that from personal experience. Oh, they can. I get 20, and then you, they put you on hold for a couple minutes and they give you a little bit more money. That's in the plan as well. Get access to that as well. So not just new cards, raise those, but if you like I said you've got a 10k card raise that limit. Get it to 15, 20, 25. Then you go start applying for them because now they're credit, the credit, the credit and the lenders are more lenient to giving you bigger bags. If I'm saying you can't go to them with a $1,000 credit card and expect it. It's all of those things Making sure you got it clean across the board 10 plus accounts, a couple AUs and then making sure that you got comparable credit when you go into the banks.
Speaker 2:Got you Got you. As we're wrapping up, man, one of the questions I want to ask is pertaining to parents. Let's say a parent has good credit, right, and the kids is coming up, but the kids is young. What is something that parents can do to set their kids up so, by the time they can get their first credit card, their credit is good?
Speaker 1:Got you, got you. I mean, the obvious play is just like with authorized users. There's a lot of companies that don't have age limits, authorized users. So they just ask you the info. They're not asking for the age. And even if you ask for the age, they'll still report it. So, like a couple of them, like US Bank Capital One, they don't really care about who they report to. So like if you have a kid, who's even a baby or whatnot you can start building their credit profile.
Speaker 2:You can put your baby on a credit oh yeah, for sure that's Nah you don't have a social yet. Oh damn, okay, you don't have a social.
Speaker 1:When he has a social, then-.
Speaker 2:Can I?
Speaker 1:use an EIN. Let's not go there, okay, okay, but yeah, I mean like essentially that right there, there's a lot of companies, credit card companies, that will actually allow you to do that. Like I said, they have no minimum age for adding them to the cards Not everyone, but like a couple of them, like US, us bank, uh, capital one is another one that you could just add someone to the card. So if they're kids, put them on there, like my kids, they have credit profiles. That's dope. And then how?
Speaker 1:old are your kids I've got them, uh, from one years old all the way to 11 years old I got four children, so you recommend parents like put this in motion oh yeah, for sure, for sure.
Speaker 1:I mean because, like I said, like at the end of the day, once they hit 18, they're already there. I mean they're going to still make mistakes, because they're kids and it's life. We're all going to make mistakes. We can't, you know, expect our kids not to make mistakes. They're going to make mistakes, but you're giving them a platform you follow. I'm saying, sometimes people give them a platform, but they, they, you know they, they hold it for, uh, I need you to be grateful for it. Give them a platform. They're gonna make mistakes and I know that my kids will're going to fix it.
Speaker 1:You know what I'm saying so we got the cheat codes man.
Speaker 2:So what's one last thing you want to share with the people that you think would be valuable for them, and then you can look right over there For sure, for sure.
Speaker 1:So one thing I would say, bro, is the biggest thing I would say is be accountable for yourself.
Speaker 2:That's the biggest thing, because if you're not accountable, if you ain't, if you ain't accountable for you your, your, your, your failures are, or your, your, what's the word for it?
Speaker 1:if you're not accountable for your flaws, yeah, your actions and whatnot, you got to be able to have awareness of where you are. So the biggest, that's the biggest thing. So when you have awareness of where you are, you can say, hey, all right, look, I'm not where I want to be financially. I need to take it to the next level. So then it's about you know, going to the next thing. Create new standards for yourself. Go out there and decide that you ain't going to live how you want to live, live how you're living right now, and then take action. That's the biggest thing, just taking action, some form of action. If you're doing you know little baby things, whether that's just like you know setting up an LLC I mean you can watch a video and set up an LLC obviously follow me for the most gain. You know, being aware it's not your fault, but it's your responsibility to take yourself to the next level, and only you can do it for yourself. I would say get active, because we all on this journey, we get one life, guys.
Speaker 2:Listen, man. This has been an amazing episode of the podcast. I think Kane really lit it up for you guys. As far as credit funding, understanding the mindset, the importance of it If you're a parent, why you need to put your kids in position If you're a parent, or maybe, if you're just watching this and your credit ain't right, why you should start and prioritize that. It's probably one of the number one things you should be doing and why you should definitely be leveraging it Because, like you mentioned, in a country like America we have this opportunity that a lot of other countries don't have. You could literally turn nothing into something by just leveraging credit, you know I mean. So, um, let them know where, where they can tap into to, to learn from you. Maybe they want that consultant, um, you know where?
Speaker 1:they need to go gotcha, gotcha. So if you want to, like I said, work with our team, uh, you can just go to. We got a school community where we actually give entrepreneurs, business owners and even, like I said, everyday people, you know, the game actually giving them the mindset, giving them those tips. You can follow us at, uh. Well, you can find us on Instagram, uh, but you can find me on Instagram at Mr Kane Robinson. Now we also have a school community, a free school community, where we actually give entrepreneurs, business owners like yourself, the game to be able to go out there basically liberation game to go out there and execute on this thing that we call life. So you guys can find us on all social medias at Mr Kane Robinson, and then you can also, you know, search us on the internet, taylor May Consulting, where we do credit and funding and help you guys take it to the next level.
Speaker 2:Listen y'all. But another amazing episode of the podcast. Make sure you guys subscribe. Check out my guy Kane and, again, if you need to fix your credit, if you need to get access to capital, if you just want to have a conversation, get that consultant on. Definitely, make sure you click the link below, tapping with him and his team and get right. All right, it's been another episode of the podcast and we'll see you guys on another one. Peace.
Speaker 2:Someone that used to be like me, where I didn't really have anyone that can hold me accountable, nor did I have a group that I felt comfortable about. You know what these are. This is my tribe. I can grow. Well, listen, we put that together Podcast school. I'm teaching you guys monetization secrets, accountability, discipline, how you get better with content, and this is just a group that you want to grow with. Click the link below, join. Let's go. Okay, look, look. So this is how we're gonna get you more exposure. Using the pod equals mc square strategy. Right, then we're gonna bring out the air fryer and then connect it to the toaster oven method. Right, I think I wasted my money. Now, until we do all this, we're gonna get you a million views and millions of subscribers. I have no idea what you're talking about. I got you, let me go get something. What's this box about? Wow, bro, what is that? So we got your long form podcast right here, right? This is the long form audio.
Speaker 1:Okay now I'm getting my money's worth.
Speaker 2:Got a service to get more exposure, get more views and get more call to action and get more sales. Let's go. This is what you need to do to get more of this now. Do you understand? I completely get the vibe now, before I don't know what you was talking about, but this right here.