Mar 18, 2021
To most ordinary people, it seems like wealthy people play the finance game from a secret playbook we can’t access.
They may use tactics that are different to what we’ve been taught - but the good news is that this knowledge is available and we can leverage it in our own financial plans.
Business credit and LLCs are the most common ways that wealthy individuals set themselves up for success in raising money, and protecting themselves financially.
On the other hand, we’re taught that ANY debt is bad and that we need to be afraid of it.
Removing the emotional block we have around debt will allow us to leverage it intelligently and strategically to the benefit of our personal and business life.
Why is an LLC such a powerful business and financial vehicle? How do wealthy people use the tax code to their advantage? What are the steps we need to take to build business credit?
In this episode, business credit and funding expert, and best selling author of Entrepreneurial Money Secrets, Andrew Rey discusses his unique journey to unlock the powerful financial strategies used by the wealthy.
Three Things You’ll Learn In This Episode
The truth about the world’s success stories
Some of the richest and most successful people have failed on
multiple occasions, and even lost their entire wealth, only to
rebuild themselves over time. They don’t see their missteps as
mistakes or failures, but rather as learning experiences, that
helped them course correct and build the right systems for
success.
Why a corporation is such a powerful financial
vehicle
A corporation isn’t just a business structure, it’s a powerful
entity that can unlock capital and financial opportunities. A
corporation legally has the rights and privileges of a person. It
can pay for things and build credit. If we employ it to build and
scale our business, we can expand in a way that our own personal
credit doesn’t allow.
How the wealthy play the money game
differently
The same tax code and financial laws that allow wealthy people to
shield themselves through corporate entities and apply intelligent
tax strategies is available to all of us. People often feel like
leveraging business credit is taking advantage of something, but
this isn’t the case. We have to remove the mental and emotional
blocks around how rich people make money if we want the same
strategies to work for us.
Guest Bio-
Andrew Rey is a Business Credit and Business Funding Expert, Speaker and Best Selling Author of Entrepreneurial Money Secrets: Unlock the Power of Corporate Credit to Leverage Access to Business Capital and Win. His mission is to help business owners start, build and scale their businesses using little known yet highly effective business credit and financing strategies that most people are still completely clueless about.
Andrew works with Business Owners, Real Estate Investors and aspiring Business Owners who want to scale their businesses fast and need the cash to make it happen.
For more information visit https://www.entrepreneurialmoneysecrets.com and flowbusinessfunding.com.
Call 844-440-FLOW for a free 15-minute strategy session. Buy Andrew’s book here.