Leveraging Credit Cards to SCALE your Business with Entrepreneur & Financial Coach Jack McColl

Let's discuss how to leverage credit cards to earn millions of reward points while building your business. Using 'other people's money', or 'OPM', to run your business is a necessity. If you don't have access to tons of money, you may be limited in seeing potential. With credit cards and utilizing debt, finance coach Jack McColl explains his winning formula.
0:00 - Intro
5:07 - How to start leveraging other people’s money
7:04 - Personal credit vs business credit
8:15 - How to navigate ‘hard inquiries’ on credit cards
10:54 - What are the best credit cards to apply for?
13:06 - Why should I use a credit card rather than a debit card?
14:30 - How do I develop a credit history early on?
19:36 - What are the legalities of credit cards
20:40 - The 2 best credit cards for advertising
22:48 - How much credit should you ask for on your first business credit card?
24:11 - AMEX Gold vs AMEX Platinum
25:33 - Why does it make more sense to use credit to buy things?
26:24 - What are the best 0% credit cards for business?
27:04 - What is a charge card?
29:00 - Grasping the concept of letting your money work for you
30:07 - What are some good cards to apply for with average credit?
32:00 - Spreadsheets for checking balances
32:56 - Transferring your credit card points for maximum utility
35:45 - Credit card points and flight rewards
37:57 - Can you trust airline credit cards?
39:14 - Should I use my personal address to apply for credit cards
39:31 - What type of account should we get paid into?
40:27 - Where do I get an EIN?
43:10 - How does the credit score scale work?
46:16 - What’s a good credit score?
47:37 - How long does it take to build credit?
49:09 - Are there any benefits to personal loans?
51:37 - Does applying for 2 or more credit cards reduce chances for approval?
52:14 - If we have a bank credit card do we need a business account at that bank?
52:51 - As you move up on the credit card ladder when should you drop some cards?
54:35 - Can credit card applications be done remotely?
55:23 - What’s a VPN?
56:55 - Do you use credit cards for static fees?
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[@susieevans6445]

I know my comment is a year late . But this is so on point !! Piggybacking just raised my credit 69 pts in 2 weeks . I was skeptical when I first heard I could do this.. and it’s only been 3 months and I’m 90 pts above where I was before piggybacking!