Summary
How much do you know about how credit works and how to build credit? Many people feel like credit and building credit is a mysterious process that is outside their control, but it’s actually a very simple process that is extremely important for entrepreneurs to understand in order to build their business credit and use that credit to protect their personal credit. Gerri Detweiler, author of Finance Your Own Business: Get on the Financing Fast Track, sits down with our host Andy Tanner to talk about how you can use credit to get your business of the ground and establish cash flow!
If you have questions for Andy about your own financial education or how to educate your kids, connect with him on on twitter or facebook. He’d love to hear your questions, comments, and ideas!
Show Notes
00:00 Intro
00:54 Introducing Gerri Detweiler
08:46 What Do You Want Your Readers To Learn from Your Book?
10:52 Do You Have to Have Credit to Get Credit? (How Does a Personal Build Credit)
22:49 What is a Shelf Corporation?
27:42 Raising Capital as an Entrepreneur
34:51 How Attitude Matters in Business
38:08 Financing Your Own Business: Get on the Financing Fast Track
38:50 Resources for Business Credit
44:53 Outro