Action Takers Unscripted
If you are stuck on your path to success then this podcast is for you! Join me and my guests as we discuss topics involving real estate investing, business, life’s challenges when it comes to meeting our goals, and more!!! We will help you get your focus back to put you in the right track. Let’s get you in the mindset to becoming an Action Taker!!!
Action Takers Unscripted
#15 - The Power of Separating Business Credit From Personal Credit with Murray Beaulieu
Understanding the intricate relationship between personal and business credit is paramount for entrepreneurs and investors aiming to establish a secure financial future. In this episode, guest Murray Beaulieu shares the importance of building a solid credit profile against an EIN rather than a social security number. Whether you're preparing your enterprise for future sales or simply aiming to enhance its market position, this episode delivers a wealth of knowledge. It's not just about credit—it's about crafting a legacy of entrepreneurial triumph.
Show notes:
(0:00) Intro
(2:46) Who is Murray Beaulieu
(6:25) Eliminates the need for personal guarantees
(11:21) Much better terms, much better interest rates and higher credit limits
(13:05) Personal credit vs. business credit
(20:15) How do you build business credit: 7-step process
(29:56) Foundation: Data points
(31:58) Register
(33:13) Set up tier-1 lending accounts
(35:25) Monitor the transaction and build upper-tier lending accounts
(40:23) Capitalizing on the opportunity
(44:11) EIN rather than SSN
(50:41) Outro
Connect with Murray Beaulieu:
LinkedIn: https://www.linkedin.com/in/murraybeaulieu/
Facebook: https://www.facebook.com/murray.beaulieu/
Youtube: https://www.youtube.com/channel/UCHKS_WFTprEfLl-boifRKNA
Linktr: https://linktr.ee/murrayb
—
Thank you for listening! I'd love your support if you're enjoying the valuable insights and stories shared on this podcast. Hit that subscribe button, leave a review, and share the episodes with your friends and colleagues. Your actions make a huge difference in helping us reach more listeners and continue bringing you top-notch content.
Reach out!
Email: arseniohart_25@yahoo.com
IG: thearseniohart
FB: Arsenio Hart
LinkedIn: Arsenio Hart