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LEARN HOW TO START, RUN, OR GROW YOUR CREDIT REPAIR BUSINESS

BEWARE Of Phony Credit Repair Advice On How to Grow Your Business

By: Daniel Rosen June 23, 2020

Automations, paid advertising, a big office, team members, sales funnels, flashy websites, social media… Does it ever end?

Shiny, new, “gotta have it” ideas are a trap when you’re first starting, and if you’re not careful, they’ll kill your business before you even get it going! 

In this article, I’m going to tell you the truth about shiny object syndrome and how to avoid it. 

I’ll also give you a step by step blueprint to making your first million with credit repair.  

Has this happened to you? 

You start working on launching your business, only to get a ton of mixed messages about all these things you need. And the crazy thing is, everyone says you NEED THIS, and you NEED IT NOW?

I see this all the time in entrepreneurship, and especially in our Credit Repair Cloud Community. People get bombarded with a million messages about all the things they “should” do. 

And it’s understandable. We all want shortcuts. We all want to start today and have robots automating our workflows tomorrow. 

But the fact is - it just doesn’t work that way. And worse, by following every shiny new object, instead of learning the basics, you risk building your business on a foundation of quicksand. 

Eventually, you’ll run out of time, money, and energy chasing all of these shiny objects, without the most basic foundation, and your business will collapse. 

When you recognize these things for what they are - distractions -  and you embrace the handful of steps between where you are now and getting our Millionaires Club Award, that’s when you’ll begin to build the business of your dreams!

So the big question becomes, what is the blueprint to success? 

I’ll tell you. And guess what? By completing these steps in order, by keeping your head down, and working hard, while changing lives, you can get to that million-dollar mark, a whole lot sooner than you think! 

So remember, you have to start with the basics! I’ll share with you 10 steps to get you from where you are today, to where you want to be. 

 

Step 1: You Have To Master Your Craft! 

 

Now, there are three main ways of doing this. 

  1. You can read a book. There are a lot of fantastic ones out there - but of course, if you haven’t read it yet, I’d recommend reading my book, The Ultimate Guide To Starting A Credit Repair Business. And, the best part is, it’s FREE! 
  2. The second way is (which is the faster way) - take a course! If you haven’t yet joined the Credit Hero Challenge, this is the easiest way to work your way through everything you need to know in just a few weeks! We will hold you by the hand as you build the foundation of your credit repair business, and in the end, you’ll also get 3 awesome certificates to go on your wall!
  3. The third way is - practice with your own credit and get some free clients to practice with! Help your friends and family. You can’t get good at ANYTHING without practice, right?! And with 8 out of 10 people needing help with their credit, there are tons of opportunities for you to master your craft!



Step 2: Spread The Word!

 

When you do a fantastic job, and you get your client amazing results, ask for a testimonial! They’ll be more than happy to give it! You can even work that into your deal with your free clients.  

Remember, you’ll want to get that testimonial right when you’re showing them the awesome result you just got them. Then once you have that amazing testimonial, post it on your personal Facebook page and your Instagram and your website!  

Testimonials are important. They are indisputable PROOF that your service is excellent. And people are more likely to work with you once they’ve seen the proof.  

So post as many testimonials as you can. Get the word out that you are awesome, and that you want everyone to know about all the lives you’re changing! 

Once you’ve got some killer results and testimonials we move on to step three.

 

Step 3: Start Charging For Your Services!

 

Now you’re a master of your craft, and you’ve got an excellent track record to show! It’s time to start charging when you sign up new clients. 

A good price if you’re just starting, would be somewhere between $59 and $99 a month, depending on who your audience is. And if they’re paying you every month, that’s recurring revenue that quickly starts to multiply. 

All you have to do is be awesome, give value, and they’ll continue to pay your monthly fee. Then you just need to get more clients. 

And the best clients come from referrals! Tell your free clients from the previous step that you will pay them $50 or $100 for each paid client they refer to you. 

Then eventually print some business cards and flyers and make the rounds of every person in your area who is a realtor, tax preparer, furniture store, auto dealers, solar installers, or anyone who sells a product or service that depends on having good credit. 

They are turning people away every day due to credit issues, so they would love it if you can fix their credit and send those folks back to them. It would be life-changing for them. AND this is how you start to build affiliate partnerships!

 

Step 4: Market To The Masses!

 

Now, this is the time you COULD start playing around with paid advertising. BUT you don’t even HAVE to! You don’t have to spend a penny! By just getting super visible on social media - that means posting at least 3 times a day on your Facebook, Instagram, and LinkedIn. 

Keep in mind, these posts are not ads. Ads will turn people off. Instead, give information, credit tips, tell your story of how and why you got into credit repair, show pictures of your score, and your clients’ scores going up. 

Also start to add value in groups you’re part of and do live video streams to connect with your audience and to show off who you are. Make it your goal to show everyone that you are the go-to expert about credit! Then when they have comments or questions, be ready to help! 

 

Step 5: Shift Your Focus From Money To VALUE!

 

This is major. Most entrepreneurs get into business to make money - and that’s okay! But once you start making money, you soon realize it’s about so much more. It’s about the lives you can change and the service you can offer. 

When you start focusing on that instead, your profits will naturally increase because people will want to work with you!

 

Step 6: Continue To Work Hard, But Get Some Help!

 

Yes, you’ll have to work really hard to get to this step - but once you do, you’ll have the money you need to hire an assistant to help with all the tactical day to day tasks. 

Then, once you free up a little bit of your time, you can start to hire a team and free up even more of your time! You’ll begin delegating and having support so you can shift your focus to growing the business and leading your team! 

 

Step 7: Scale Marketing And Automations

 

This is when you scale-out your marketing and start to add in automation. It’s also where some of those shiny objects can actually become useful! But notice this is STEP SEVEN. There’s a whole bunch of steps to do BEFORE you get here! 

 

Step 8: Get Your Millionaires Club Award

 

Step 9: Keep Growing And Help Others

 

Step 10: Give Back

 

Make more so you can give more. Repeat. Repeat. Repeat! And that’s it!  That’s the blueprint to a million-dollar business!

So, here’s what you need to know.

Although it’s probably simpler than you thought, it does TAKE TIME! 

There is no shortcut for excellent customer service. Credit repair is a people business, and if you do an amazing job, your own customers will grow your business for you!

Malik Greene is a perfect example of this. In a recent interview I had with him, he shared how he got to over $220k in annual recurring revenue IN HIS FIRST EIGHT MONTHS IN BUSINESS WITHOUT ANY SHINY OBJECTS!

He got to where he is with zero automations, zero email campaigns, zero mentors, zero coaches, and the website that came from Credit Repair Cloud! And do you know the number one thing is that he credits for his success? Customer service.

He said, “My life didn’t change until I started changing other people’s lives”! 

And that’s really what this is all about, right?!

So if you’re just starting your business and finding yourself spinning your wheels every time you get distracted about something new and you want to get hyper-focused attention as we hold you by the hand while you launch and scale your credit repair business, then I want to invite you to join the next Credit Hero Challenge

And if you found value in the things I shared in this article or if you have a question, leave me a comment and let me know! I’d love to connect.  

And remember - keep changing lives!


 

Be sure to subscribe on your favorite platform below!

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Topics: Podcast

Transcript

0:00  

Automations, paid advertising, a big office, VAs, team members, sales funnels, flashy websites, social media... Does it ever end? Shiny, new, gotta-have-it ideas. They are a trap when you're first starting out. And if you are not careful, they are going to kill your business before you even get it going. In this episode, I'm going to tell you the truth about Shiny Object Syndrome and how to avoid it. And I'm going to give you a step-by-step blueprint to making your first million. Okay? Sound good? Well then stick around. 

 

So the big question is this. How can we take our passion for helping people with their credit and turn it into a successful business without taking loans without spending a fortune by bootstrapping it from nothing so we can help the most people and still become highly profitable? That is the question and this podcast will give you the answer. My name is Daniel Rosen, and welcome to Credit Repair Business Secrets.

 

Has this happened to you, you start working on launching your business and then you start to get a ton of mixed messages about all these things you need. And the crazy thing is, everyone says, you need this, you need that, and you need it now! I see this all the time in entrepreneurship. And I see it especially in our Credit Repair Cloud Community, where we get bombarded with a million messages about all the things we should do. And it's understandable. We all want shortcuts. We all want to start today and have robots automating our workflows tomorrow. But the fact is, it just doesn't work that way. And worse by following every shiny new object, instead of learning the basics, you risk building your business on a foundation of quicksand. And eventually, you'll run out of time, money and energy chasing all these shiny objects without the most basic foundation, and your business will collapse. When you recognize these things for what they are distractions, and you embrace the handful of steps... I mean, it really is a handful of steps between where you are now and getting your Millionaires Club Award, that is when you'll begin to build the business of your dreams. So the big question becomes, what is the blueprint to success? I know the blueprint. Do you want to know the blueprint? Well, I'm going to tell you, and guess what, by completing these steps, and by completing them in order by keeping your head down And working hard while changing lives, you can get to that million-dollar mark a whole lot sooner than you think. Here's why this is important. You have to start with the basics. So for step number one, you have to master your craft. Now there are three main ways of doing this. You can read a book, and there are a lot of fantastic ones out there. But of course, if you haven't read it yet, I recommend starting with reading my book, okay, the Ultimate Guide to starting a credit repair business. And I'm going to give you this for free, okay. The second way, which is the faster way is to take a course. So if you haven't yet joined the Credit Hero Challenge, this is the easiest way to work your way through everything you need to know in just a couple weeks. We will hold you by the hand as you build the foundation of your credit repair business. And at the end, you'll also get three awesome certificates to go on your wall. Now the third way is, practice, practice with your own credit, and get some free clients to practice with help your friends and family. Remember, you can get good at anything in life without practice, right? And with eight out of 10 people needing help with their credit, there are tons of opportunities for you to practice and master your craft. Step number to spread the word when you do a fantastic job, and you'll get your client amazing results. Ask for a testimonial. They'll be more than happy to give it to you. You can even work that into your deal with your free clients. Okay, you want to get that testimonial right when you're showing them the awesome result that you just got them, okay? You don't want to do it a day later or a week later. You don't want to do it by email. No, if you send the request for it by email, you're never going to get that testimonial, okay? You wanna, you want to be standing right there if you can, at least for those first few clients, and show them the results, hold your camera up and capture that amazing testimonial. And then once you have that testimonial, post it on your personal Facebook page, okay? Don't post it on the brand new company page that you just created, that no one knows about and no one is visiting. No. If you're going to succeed, you're going to need all the help you can get. Okay, so you want to post these things on your personal Facebook and your personal Instagram so that all your friends and family will know what you are doing. Okay, so post on your personal Facebook, your personal Instagram, personal website, and you gotta get these testimonials. Okay, you can't proceed to charging for money if you haven't done the steps. Okay? testimonials are important. They are proof that your service is good. Okay. People are more likely to work with you once they've seen proof. Have you seen all the testimonials that we have on our sites, we have a ton We have hundreds. And that's because people need to see proof. So post as many testimonials as you can get the word out to all your family and friends and everyone in your Facebook and Instagram feed. Let them know that you are awesome and that you want everyone to know about all the lives that you are changing. And once you get some killer results and testimonials, we move on to step number three start charging for your services. Okay, you learn the basics. You had your test clients, you got results, you got testimonials and proof. Okay, now you're looking like you're a master of your craft. And you've got an excellent track record to show. So start charging when you sign up new clients. Now, a good price to charge if you're just starting would be somewhere between 59 and $99 a month, depending on who your audience is. And if they are paying you every month, that's recurring revenue, and that quickly starts to multiply. Okay, all you have to do is be awesome and give value and they'll continue to pay your monthly fee. And then to grow it just get more clients. Will the best clients come from referrals, so tell your free clients from them previous step that you'll pay them $50 for each paid client that they refer to you. Okay, this really works, and then eventually print some business cards and flyers, and then make the rounds of every person in your area who is a realtor or a tax preparer furniture store, auto dealer, solar installers, basically, anyone who sells a product or service that depends on having good credit. These businesses, they are turning people away every day because of credit issues. So they would love it. If you can fix their credit and send those folks back to them. It'd be life-changing for them. And this is how you start to build affiliate partnerships. Step number four, market to the masses. Now, this is the time that you could start playing around with paid advertising, but You don't even have to, you don't have to spend a penny. Okay, all these people who've made over a million dollars in Credit Repair Cloud here, most of them, get their clients from social media. And they all say the same thing. Post at least three times a day on your Facebook and your Instagram, okay, and post on LinkedIn too. And keep in mind these posts, they are not ads, okay? ads will turn people off. Instead, give information, give credit tips, tell your story about how horrible your credit was, and tell the story of how and why you got into credit repair and show pictures of your score going up and show pictures of your client’s scores going up. And also start to add value in the groups that you're a part of and do live video streams to connect with your audience and to show off who you are. Okay. is really, really important. People who are starting a business, they always want to look bigger than they are. And they want to get a fancy logo and then be a, an anonymous company with a fancy logo and that does not work. You know, want to know why I'm doing these podcasts and why I'm always everywhere for our company. Because people do business with people they like, okay? It really, really works. So show off who you are. Okay. Make it your goal to start showing everyone you can that you are the go-to expert about credit. And then when they have comments or questions, be ready to help. Step number five, shift your focus from money to adding value everywhere you can. This is major. Most entrepreneurs they get into business to make money And that's okay. But once you start making money you soon realize it's about so much more. It's really about all the lives that you change, and all the service that you can provide. When you start focusing on that, your profits will naturally increase, because more people will want to work with you. Step number six, continue to work hard, but start to get some help. Yes, you're going to work your ass off to get to this step. But once you do, you're going to have the money you need to hire an assistant to help with all the tactical day to day stuff. And then once you free up just a little bit of your time, you can start to hire a team. And that's going to free up even more of your time and you'll begin delegating and having support around you so that you can start to shift your focus to growing the business and leading your team Step number seven. This is when you start to scale out your marketing. And this is when you're going to start to add automations. Okay? This is where some of those shiny objects can actually become useful. But notice we are at step seven. Okay? There's a whole bunch of steps to get through before you get here. Okay, step number eight. Get your Millionaire's club award. Okay? We have room on the wall just for you. I really want you to get here. Step number nine, keep growing and help others. And then step 10. Make more, make more so you can give more. Repeat, repeat, repeat. And that's it. That is the blueprint to a million-dollar business. So here's what you need to know. That's it. It's simpler than you thought. Right. But it does take time. There is no shortcut for excellent customer service. Credit Repair is a people business. And if you do an amazing job, your own customers will grow your business for you. Malik Greene is a perfect example of this. In a recent interview that I had with him, he shared how he got to over $220,000 in annual recurring revenue in his first eight months of business, and it got there without any shiny objects. Okay, he got to where he is with zero automations, zero email campaigns, zero mentors, zero coaches, and the website that came from Credit Repair Cloud. And do you know the number one thing that he credits for its success? Customer service. He said "My life didn't change until I started changing other people's lives." And that's really what this is all about, right? So if you're just starting your business and finding yourself spinning your wheels, every time you get distracted about something new, and you want to get hyper-focused attention, as we hold you by the hand while you launch and scale your credit repair business, then I want to invite you to join the next Credit Hero Challenge. And if you're finding value in the things that I'm sharing on this podcast, click below to subscribe, okay? Because I don't want you to miss any episodes. And if you're feeling kind, rate me and give me a review. Because this is a new podcast, I need all the help I can get. And if you have a comment or a question, leave it down below so I can answer it. And I will see you on the next episode. So until then, keep changing lives! 

 

Hey, everybody, it's Daniel again. And really quick, I'd like to invite you to join what I believe is the best thing we have ever created inside the Credit Repair Cloud Community. And it is a challenge that we call the Credit Hero Challenge. If you're just planning out your business or you're just getting started, and you dream of having a successful business your own, so you can quit your nine to five and fire your boss and have financial freedom, or so you can add another revenue stream to your existing business, if that's your dream, you need to get into this challenge. We created this challenge to help you to create and launch your very own credit repair business. To build a proper foundation for a really successful business. This challenge is going to help you to understand the strategy, the tactics, and all the things you need to be successful at credit repair. It really is the greatest thing we have ever built, and it will change your life. So I recommend you do it right now. Stop everything, pause this audio, go online, and go to creditherochallenge.com. That's creditherochallenge.com and join the next challenge. And there's a challenge that's starting in just a few days. So go get started right now at creditherochallenge.com.

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