The Rich Somers Report

How to Secure 0% Business Credit and Get 4-5X Points for Luxury Travel | Jack McColl “King of Debt” E176

April 18, 2024 Rich Somers
How to Secure 0% Business Credit and Get 4-5X Points for Luxury Travel | Jack McColl “King of Debt” E176
The Rich Somers Report
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The Rich Somers Report
How to Secure 0% Business Credit and Get 4-5X Points for Luxury Travel | Jack McColl “King of Debt” E176
Apr 18, 2024
Rich Somers

On today’s episode Rich sits down with Jack McColl “The King of Debt” - Entrepreneur, Founder of Credit Stacking, and Business Credit Coach. Jack, better known as “The King of Debt,” has been featured on Market Watch, Disrupt Magazine, Yahoo Finance, and Forbes. He is a self-made mogul who went from having zero dollars in business credit to being approved for $500,000 in a little more than a year. Jack has mentored thousands of entrepreneurs, helping them get access to hundreds of thousands of dollars of 0% interest capital to start, scale, and finance their businesses. 

Rich and Jack start off by discussing Jack’s first episode with Rich (Episode 68), Jack’s 5 week trip to South America, Columbia and kitesurfing, skydiving in Venezuela, Jack’s passion for sports and hobbies, Jack’s favorite automated business services, optimizing business, and Jack joining the 800 club for testosterone levels and credit scores. 

They then reflect on their favorite exercises, the importance of physical fitness, what it’s like showering on planes, comparing first class airlines, accumulating credit card points at different banks, Jack’s experience helping clients secure $150,000 0% interest business credit, the AmEx Business Gold and Platinum cards, and the Wells Fargo’s Autograph Journey Card.

Lastly, they talk about buying assets with business credit, the AmEx business card pros and cons, which cards Jack recommends using, the Bilt Credit Card, tools to keep track of debt payments, the Wheels Up AmEx Travel experience, Private Jets, Set Jet, Elon Musk’s Starlink Satellites, Jack’s big move to Utah, Rich’s experience as a pilot, and Kris Krohn.
 
Connect with Jack on Instagram: @jackmccoll

Visit BYLTBasics.com and use code “Somers20” at checkout for 20% on your next purchase

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Connect with Rich on Instagram: @rich_somers

Interested in investing with Somers Capital? Visit
www.somerscapital.com/invest to learn more.

Interested in joining our Boutique Hotel Mastermind? Visit
www.somerscapital.com/mastermind to book a free call.

Interested in STR/Boutique Hotel Management? Visit
www.excelsiorstays.com/management to book a free call.

Show Notes

On today’s episode Rich sits down with Jack McColl “The King of Debt” - Entrepreneur, Founder of Credit Stacking, and Business Credit Coach. Jack, better known as “The King of Debt,” has been featured on Market Watch, Disrupt Magazine, Yahoo Finance, and Forbes. He is a self-made mogul who went from having zero dollars in business credit to being approved for $500,000 in a little more than a year. Jack has mentored thousands of entrepreneurs, helping them get access to hundreds of thousands of dollars of 0% interest capital to start, scale, and finance their businesses. 

Rich and Jack start off by discussing Jack’s first episode with Rich (Episode 68), Jack’s 5 week trip to South America, Columbia and kitesurfing, skydiving in Venezuela, Jack’s passion for sports and hobbies, Jack’s favorite automated business services, optimizing business, and Jack joining the 800 club for testosterone levels and credit scores. 

They then reflect on their favorite exercises, the importance of physical fitness, what it’s like showering on planes, comparing first class airlines, accumulating credit card points at different banks, Jack’s experience helping clients secure $150,000 0% interest business credit, the AmEx Business Gold and Platinum cards, and the Wells Fargo’s Autograph Journey Card.

Lastly, they talk about buying assets with business credit, the AmEx business card pros and cons, which cards Jack recommends using, the Bilt Credit Card, tools to keep track of debt payments, the Wheels Up AmEx Travel experience, Private Jets, Set Jet, Elon Musk’s Starlink Satellites, Jack’s big move to Utah, Rich’s experience as a pilot, and Kris Krohn.
 
Connect with Jack on Instagram: @jackmccoll

Visit BYLTBasics.com and use code “Somers20” at checkout for 20% on your next purchase

--
Connect with Rich on Instagram: @rich_somers

Interested in investing with Somers Capital? Visit
www.somerscapital.com/invest to learn more.

Interested in joining our Boutique Hotel Mastermind? Visit
www.somerscapital.com/mastermind to book a free call.

Interested in STR/Boutique Hotel Management? Visit
www.excelsiorstays.com/management to book a free call.