Credit Repair Cloud Blog | How to Start a Credit Repair Business

Change Your Mindset to Discover Your Credit Repair Business Success - Reco McCambry

Written by Daniel Rosen | March 17, 2020

If you want to reach your success, you first have to become the person who is capable of building it. Our guest for this week will share his story about how changing his mindset played a crucial role in his credit repair business success.

So let’s hear it for this week’s Credit Hero - Reco McCambry!

Reco McCambry is the founding CEO of Novae, which offers a unique blend of products and services that help individuals on their journey to financial wellness and freedom. Credit repair is just one of the services they offer, but they’ve had massive success with it. That is why Reco is one of our newest members of the prestige Credit Repair Cloud Millionaires Club!

Aside from being a successful entrepreneur, he has also established himself as a motivational speaker, success coach and a best-selling author. Back in 2012, he wrote and published a book about his life’s journey called The Fatherless Father. Today, he shares his eventful tale with us, including the struggles he faced along the way and all the things that gave him the strength and the ability to rise to the occasion.

 

Why Reco Needed to Change His Mindset to Succeed

 

Almost two decades ago, Reco was a college student working towards majoring in Physics and Engineering. He was looking to make some money on the side, so he decided to go into the direct sales industry and become a part-time entrepreneur.

As he learned more about the business, his ambitions grew, but he realized there was no way he could juggle his studies and his work without one of those things taking a hit. So with a heavy heart, he left college to pursue his dreams of financial freedom. 

The next several years were particularly challenging. Still, through determination and hard work, Reco was able to make his first million before he was 25.

When you consider all that Reco has built and accomplished throughout his career, it’s particularly astonishing to learn that he did all of it without having an entrepreneurial role model. Looking back on his journey, he is thankful for all the mentors and coaches he’s had along the way. But the person that had the most significant influence on his journey was his mom. 

Reco grew up in a single-parent home, and his mom worked multiple jobs to make ends meet. And even though he was surrounded by family that taught him a whole lot about hard work, everything he learned about entrepreneurship, he had to learn by himself. 

But before anything, he needed to change his perception and realize that there is another way. Reco had to acquire and develop an entrepreneurial mindset.

“You only can reach what you can see.” - Reco McCambry

 

Creating Novae Money and Getting Involved with Credit Repair

 

Inspired by the notion of starting a company that would actually help people, Reco started Novae LLC. He wanted to help them achieve financial wellness, and he realized early on that credit repair was an essential aspect of that.

At first, he outsourced all of the credit repair services to a company ran by a long-time friend he met during his college days. And I’m so proud to say that his friend is yet another one of our member of our Millionaires Club members - Seth Mitchell.

These days, Novae offers a full service to all of its customers which includes online software for budgeting and debt elimination, access to credit attorneys, and the proper education on how to reach financial freedom.

What I’m particularly fascinated by is the Novae affiliate program. You may recall that in one of our previous episodes, I talked about a way to get unlimited clients without paying for advertising. Reco set up his fantastic affiliate marketing program along those same lines. Through referrals, he’s getting a ton of new customers each month while his affiliates can make money from the residuals. 

It’s the perfect example of how to create a win-win and something you need to incorporate in how you approach building your own business.

“You’ll make fewer mistakes when you start modelling other people.” - Daniel Rosen

 

Mistakes Are a Part of the Process - Prepare Accordingly

 

Throughout our conversation, we’ve often touched on the question of what the right mindset for having credit repair business success would look like.

 

1 - Stop Making Excuses

One of Reco’s top suggestions would be to stop making excuses that keep you from doing the things you need to so that you can reach your goals. There’s always going to be a reason why not. Work hard on debunking those as soon as possible. 

“You gotta look at yourself in the mirror and you gotta stop making excuses.” - Reco McCambry

 

2 - Mistakes Are a Part of the Process

Another thing is realizing that mistakes are a part of the process. You can reduce them through education and coaching, but you’ll never be able to avoid them altogether. And that goes regardless of all the success you’ve had, which is something Reco can attest to.

 

3 - Prepare for Adversity

Lastly, you have to prepare for taking on a whole new world of challenges and adversity. There’s going to be a lot of bad moments, and you need to develop resilience so that you can power through until the good ones get there.

It’s challenging to change your mindset if you don’t have anyone to look up. Someone you can really connect to and who inspires you to model your success after theirs. Even though Reco didn’t have one himself, he continues to be a role model for everyone out there looking to succeed against all odds. That is what being a Credit Hero is all about.

Credit Heroes change lives, and I’m just so delighted that I can witness all of these stories first-hand. It’s something that inspires me every single day.

If changing people’s lives is something that moves you as well, then I highly suggest you join our Credit Hero Challenge. It’s a 14-day challenge that guides you step-by-step on how to launch your very own credit repair business.

Learn more about the Credit Hero Challenge here!

Thanks for joining in and stay tuned for more awesome stories, only on the Credit Repair Business Secrets Podcast.

Until next week - Keep changing lives!


 

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