Whether you’re in startup mode or trying to get to the next level, personal and business finance expert Jordan Goodman has some solid advice what to do and what never to do with your money.
There are some funding sources out there that would have been unheard of just a few years ago, including some that you must stay away from.
It might surprise you to learn you can also contact creditors, ask them to reduce your debt, and… they’ll do it happily. A perfect solution when you’re going through a rough patch.
Tune in to find out…
- The best place to put your cash for an 8% return – it’s definitely not the bank
- The unique way crowdfunding works for small businesses
- An easy process to make debt “disappear”
- Why you might qualify for Storybook Lending
- And more
Episode Timeline:
00:11 Today Steve speaks with “America’s money answers man” Jordan B Goodman, an expert in personal finance.
01:15 Jordan talks about how he got into business at age 12.
03:13 Jordan tells us about some of his pitfalls in business including a disastrous joint venture.
09:18 Jordan tells us how long it took him to bounce back.
09:47 Steve and Jordan explain how important it is to keep moving forward through adversity.
12:40 Jordan gives us great advice on how helping struggling businesses by accessing lesser know finance options like Story Book finance.
15:13 Jordan talks about the dangers of Merchant Cash Advances.
16:36 Jordan explains the problems with “Slow Pay”.
18:37 Jordan talks about how to prioritize debt and how not all creditors are equal.
21:47 Jordan talks about personal & business credit and how to separate them.
24:39 Jordan talks about investing in secured real estate.
26:48 Steve talks about investing and spreading the risk around.
27:51 Jordan talks about the benefits of the Jobs Act of 2012.
29:03 Jordan talks about how to refinance your car loan using myloangen.com.
30:58 Jordan gives us listeners our own landing page at go.moneyanswers.com/unstoppable
