It can be difficult to bring in the capital required to start or scale a business. Many may opt to invest their personal finances into their new business, but this is extremely risky. If an individual has limited personal savings, those personal savings are much better off being invested into long term investments like the stock market, cryptocurrency, or real estate to build long-lasting wealth. Fortunately, according to Jack McColl, there is another solution to obtain capital to start a business.
How did you get your start in creating businesses?
After graduating from the University of Washington, I created four 6-figure businesses by the age of 26, one of them leading to a 6-figure acquisition deal. After my travel company, Sendit Cabo was acquired, I spent several months traveling the world before beginning financial consulting full-time. During that time, I leveraged business credit to scale two new 6-figure businesses in 2020 alone. I have been approved for over $250k in credit lines, much at 0% interest in the last 12 months, while maintaining an 805+ credit score across all three credit bureaus.
Can others do the same?
This information is only accessible through trial and error or learning directly from someone who has done it. Fortunately for my clients, I have already made the mistakes and have mastered the process. Now, I coach people on these same strategies to leverage business credit and build strong relationships with key lenders to receive maximum funding at 0% interest to start or scale a business. I teach clients how to avoid costly mistakes that can result from applying for business credit cards before people have the proper requirements on the personal side first. If you know the lender rules and have personal contacts at top financial institutions, getting approved for high limits is a very straightforward process.
What does your program include?
My program includes access to 50+ training videos filled with my secrets methods and a coaching program that involves 2 months of bi-weekly intensive coaching sessions. These sessions fast-track the students to see amazing success and be approved for top cards with massive limits in a very short period. To make success even easier for my clients, I even personally introduce them to my high-level relationship managers at top financial institutions. This can dramatically increase approval odds on cards with high limits and give my clients a major head start in funding for starting or scaling a business.
What is your biggest piece of advice to grow a business and maximize profits?
I advise using 0% interest business credit to start and scale your business. Using your personal savings to start a business means the loss of opportunity to invest elsewhere. The more you can borrow, the more you can make. Why would you limit the growth of your business to personal savings when you can borrow the bank’s money for free to scale much faster and maximize profit?
A former professional athlete, travel expert, and financial coach, Jack is a 27-year-old serial entrepreneur providing the strategic tools that enabled him to obtain credit to start and scale his businesses all while traveling the world with little expense. Today, Jack teaches students these same travel hacks, and the strategies to get approved for the top credit cards on the market with the highest limits, in as little time possible, without costly mistakes.
Jack has an online course he is giving FREE access to if you direct message him “Close Friends” on Instagram. A super resourceful 10-video mini-course that will accelerate you closer to your credit, funding, and travel goals! You can find him at https://www.instagram.com/jackmccoll/
Learn more through his landing page below!
Book a call here: https://calendly.com/foundationalfinances/talk
Navy Veteran Davis Chris Takes the Music Industry by storm
In life, you need to break down anything that might be holding you back and change course if need be...
5 Disruptive Leaders Paving the Way in 2021
Where there is uncertainty, lies a whirlwind of opportunity. 2020 was the year that had entrepreneurs learn a great deal...
Brock Pierce Wants To Disrupt The Two Party System And Be Your Next President
We don’t usually cover politics much here at Disrupt, but when Crypto billionaire and friend of the show, Brock Pierce...
John Mcafee – Predictions For The Future
John McAfee is a world-famous tech CEO, computer scientist, civil disobedience activist, privacy advocate, and pioneer of the commercial anti-virus...
Gaby Wall Street – Teaching Latinas to Thrive During The Crisis
It’s no secret we are facing one of the most challenging financial times of the last few decades as we...
Tony Delgado – The #1 Entrepreneurship Movement In Puerto Rico
Puerto Rican online market is in constant progress. With many entrepreneurs who are coming here to start a business, it...
Elena Cardone – The 10X Ladies Conference Is Declaring 2020 The Decade For Women
The next ten years are meant for women to continue growing their potential and succeeding in multiple areas, including business....
How Josh Elizetxe Built Snow Into a $40 Million Dollar Business
There is nothing quite like an entrepreneur’s determination when starting a business. That’s my original quote by the way (pun...
How Jason Capital Became A Self Made Millionaire By 24
Have you ever wanted to earn the respect of everyone who ever looked down on you at some point in...
Sam Bakhtiar On His Way To A Quarter Billion
Dr. Saman Bakhtiar, who prefers being referred as Sam, lives in an 8200 square foot $5.2 million house, Sam is...
Entrepreneurship6 days ago
How Puerto Rican Influencer Dean Uses His Platform To Raise Awareness About His Heritage
Executive Voice2 weeks ago
How ‘The Real Tarzann’ Is Saving the Animal Kingdom With NFTs And Strategy Games
Executive Voice2 weeks ago
WHAT ARTIST WAYNEHEAD HAS PLANNED FOR HIS FUTURE
Entrepreneurship2 weeks ago
The Top 10 Thriving Entrepreneurs To Watch In 2022
Women Who Disrupt2 weeks ago
How Covonna Aguillard Disrupted The Coaching Space: Lessons To Learn
Executive Voice5 days ago
The Fastest-Growing Content Solutions Provider – Rafiki Solutions Pvt. Ltd. By Hanish Kathuria.
Executive Voice2 weeks ago
Broward Sheriff’s Advisory Council Supports First Responders & the Local Community During COVID-19 Pandemic
Business1 week ago
How Darnyelle Jervey Harmon Transforms The Lives Of Her Clients