Skip to main content

The podcast for entrepreneurs and small business owners just like you! Weekly episodes containing proven, practical advice, strategy and tips for starting, growing and scaling a successful business which earn 5 – 7 figures a year in recurring revenue.

Subscribe today to make sure you never miss an episode!

Featured Episode


The Power of Personal Credit

Starting a business is an exciting venture, but it also comes with its own set of challenges. One of the biggest obstacles for new business owners is securing financing to get their company up and running. While personal credit is important, establishing business credit can be just as crucial for obtaining the necessary funds to grow and sustain a business.

Read More

Today, we are so fortunate to have Coach William Moore, a seasoned financial expert, Certified Credit Counselor & Business Coach to talk about everything you need to know about the importance of proper credit management, and how he uses his expertise to help individuals and small business owners establish and maintain healthy credit practices. Don’t miss this exciting episode of the Fiscally Fabulous® Lifestyle with your host, Dr. Teresa R. Martin!

Quotes:

  • “Your SSN, your Social Security Number is how they find you. But your credit score is how they define you.” – William Moore
  • “Most people don’t have a ton of actual wealth conversations. But these are the type of conversations that couples need to have.” – William Moore
  • “We have commercialized credit. You can get it anywhere, but the thing is you’re not teaching me how to use it.” – William Moore

Key Takeaways:

  • A good credit profile is essential when negotiating with banks, vendors, and other companies. It gives you leverage to secure favorable terms and rates.
  • Many people are not aware of their FICO credit scores or don’t understand how they are calculated. It’s important to know your credit score and monitor it regularly.
  • Your credit score affects many aspects of your life, including your ability to get loans, credit cards, and even rent an apartment. Improving your credit can lead to better financial opportunities and a better quality of life.
  • Working with a certified credit counselor or business coach can help you understand and improve your credit profile, ultimately leading to better financial stability and success.

 

Highlights/Timeline:

[04:11] – How did William start in personal and business credit?

[06:39] – How does a person’s credit limit impact their daily lives?

[13:33] – What is the correlation between couples and credit score?

[15:40] – What are some frequently asked questions William is asked about credit?

[18:48] – William tells a story in an effort to reach out to more individuals.

[22:37] – How to get in touch with William Moore?

Conclusion:

A good credit history can assist business owners in creating the enterprise of their desires. Entrepreneurs can access more funding, get better terms on payments, and improve their odds of success by building a strong business credit profile. The ability to obtain loans and financing can be impacted by personal credit ratings, so it’s important to keep them in good standing. The success and expansion of an entrepreneur’s company can be significantly impacted by taking the time to comprehend and manage both business and personal credit scores.

Resources:

Learn more about William Moore on:

LinkedIn: https://www.linkedin.com/in/coachwilliammoore

Website: https://coachwilliammoore.com/

 

Learn more about Dr. Teresa R. Martin on:

LinkedIn: https://www.linkedin.com/in/teresarmartin/

Facebook: https://www.facebook.com/teresarmartin

Website: https://enjoyyourlegacy.com/

Check Out Our Recent Episodes


This Holiday Season, Focus on the Future

With the holidays this season, is there a gift we can give our children and grandchildren that they can enjoy today as well as tomorrow? Yes! Teach them to invest their money! While this gift may not feel as festive as a new bike, kids love watching their money grow.

Starting an Online Business: a Shoestring Solution

You don’t have to have bricks-and-mortar business experience to succeed online. There are many free or low-cost programs to help you build your skillset, and you can take advantage of apps and outsourcers who can help you run a successful business.

What You Need to Know About Lender Compliance

Rules are everywhere and while they are not always welcome, they do serve a necessary function, especially in the world of business. Rules help prevent and resolve conflict, and to ensure that everyone is treated fairly.
Crafting Your Strategic Wealth Plan for...
Why is having a well-structured wealth plan crucial for achieving financial goals? How can crafting a strategic we...
00:21:08
September 26, 2023
Your Body Is Talking Even When You Are ...
Have you ever paused to ponder the immense power of your inner dialogue? In the big story of our lives, there is a...
00:13:40
September 24, 2023
Married in Business: Stay in Your Lane
Do you have a dream? Have you ever thought of your future? Do you know what to do and what you should look for in ...
00:18:31
July 26, 2023

We Cover Many
HOT BUSINESS TOPICS

INVESTING

REAL ESTATE

WEALTH BUILDING

JOINT VENTURES

FUNDING

LEGAL COMPLIANCE

ENTREPRENEURSHIP

ASSET PROTECTION

MANAGEMENT

Are You a Real Estate Investor?

Become Part of REIA NYC and Grow Your Own Real Estate Empire Even if You’ve Never Invested in Real Estate Before!

KNOW MORE