Category: Credit Repair Business

Reasons Why Credit Repair StartUps Fail

Reasons Why Credit Repair StartUps Fail

We started a credit repair business 5 years ago and have developed it into a very successful business that will produce nearly $1 million in revenue in 2017. The truth is that we didn’t know a lot about the industry at the time. Nor did we have a successful track record of owning a business or being an entrepreneur. We’ve learned a lot over those 5 years. We’ve discovered the keys to running a thriving credit repair business and want to share the reasons why credit repair startups fail.

Let’s assume someone navigates through all the federal and state laws and has the time and money to get their credit repair business started. What are the unforeseen challenges lurking around the corner and the main reason why credit repair startups fail?

TIME

Do you have the time to find clients, sell to those clients, and service those clients? People often underestimate the time it takes to do marketing, sales, and service delivery. Sure you can get your first clients simply through word of mouth. Everyone knows people that need help with their credit score. But what happens when that pipeline dries up? You need a professional, focused marketing approach that will get your phone ringing from the general public. Then you need to know your competition in order to sell against them. You also must know how to add value to your service when speaking to a client prospect. In other words, you have to be a good, if not great salesperson. Then you have to deliver a great service to the client. This all requires time.

TECHNOLOGY

One of the biggest reason whys credit repair startups fail is due to competition from bigger companies. And, one of the components you need to compete with big companies is technology. Do you have a portal for your clients to use to stay informed of the progress of their account? If not, will it be enough for you to call them continually or them to call you? And once again, do you have the time to keep your clients informed this way? That’s just one piece of technology you’ll need. However, there’s much more needed.

TEAM

Having the time to run your business is a huge issue. A lot of people want to start a credit repair business part-time for extra money. Possibly they have the intent of building up their business and turning it into a full time operation at some point. Quite often they eventually realize that trying to get a business to the point of leaving their job requires much more time than they anticipated. The only solution to that problem is to have a team of people available for Customer Support and Sales.

Before you invest a lot of money, time, energy and effort into starting a credit repair business you need to heed this warning. Most credit repair startups fail because the people that start them do not have the time to make it work. And, they don’t have the time or expertise to develop a team for Customer Support and Sales to save them time. It’s a Catch 22, a conundrum!

TRAINING

Yes, I understand that companies on the internet will sell you software and a website and tell you that it’s easy. I’m telling you that there’s nothing easy about it. There are companies that will train you on how to do credit repair and even give you a certificate. But they don’t teach how to get customers and how to sell your service. They don’t teach you how to position yourself against the competition. They don’t teach you how to be a successful business owner. They don’t teach you how to be an entrepreneur.

You not only need training on how to market your business, but also how to sell to customer prospects once you get them. But the biggest factor is to get trained on how to think, act and be a successful entrepreneur.

HERE’S THE SOLUTION

We owned a business prior to starting a credit repair business. Therefore we already realized some of the pitfalls described above. We wanted to avoid the several reasons why credit repair startups fail. So, we found a credit repair business opportunity that offered solutions to these pitfalls.

This opportunity provides us the ability to save time because we don’t have to provide the service delivery. We have an expert team available to us that does that for us. And, they handle customer support far better and more efficiently than we could do for ourselves. They provide all the technology we and our clients need, and more! They allow us to go out and build a sales team all over the country so we do far more business than we could ever do ourselves. And, they’ve trained us on all aspects of the business.

And you know what? We initially invested less than $500 in our credit repair business! We now earn well over $100,000 working from home.

In a nut shell we are successful entrepreneurs because they provide everything that we couldn’t. It would take millions of dollars to do what they already have. And, we have been able to avoid all the reasons why credit repair startups fail.

If this sounds like a better way, contact us. We’ll show you the business. You can determine for yourself if this can help you be successful as well.

Visit Business Opportunity Details

There you can read more about this credit repair business opportunity that will help you avoid the reasons why credit repair startups fail. We have a detailed video that will explain what you need to know. Then you can schedule a phone appointment to get your questions answered. We look forward to hearing from you.

Start a Business That Helps Others

According to Forbes, 70% of people hate their jobs. And ironically, 70% of Americans would prefer to be self employed. The question is, “what type of business should someone start?” Many want to start a business that helps others.

If you take a step back and look at the American society and economy you can see that a lot of help is needed for Americans today. It’s true that the unemployment rate has fallen steadily since 2010. And, generally the economy is in better shape. But the following is also true:

So, we’ve uncovered a few different ways to start a business that helps others. The most obvious is to educate and help the average American family understand the importance of saving for the future.

But in most cases it’s not just education regarding the need to save. Most families that don’t save will say they don’t have enough money. So, they must understand budgeting and debt reduction.

In addition, 68 million Americans have a poor credit score. This may cost them the most. With a low credit score they are spending far more than needed on interest payments on cars, homes and credit cards. By increasing their credit score the average person can save up to $200,000 and more in paying lower interest rates.

Further, 65% of Americans have no Will, and more don’t have a Living Trust putting their assets and family at risk.

Start a Business That Helps Others

These are areas of need that can be fulfilled by someone that wants to start a business to help others.

You may surmise that the underlying reason all of the above is happening is that the average American family isn’t making enough money. What if you could start a business that helps others by also showing them how to start their own home-based business helping others?

Think about it. You could have a business that helps others by offering services that educate them on how to save more of the money they earn. And, for those that want to earn more, you could show them how to start a business that helps others as well. And earn income from their business.

This is what we have been doing for the last 5 years. We have helped nearly 1,000 families get into a better financial situation. We’ve helped hundreds more start their own business to earn more income. And, we get paid on the production of those businesses.

We have changed our own financial situation dramatically. We also receive the gratification knowing that we help others every single day.

To Learn More About Starting a Business That Helps Others

Watch This Video

Then call us at (727) 222-0120 to talk about how you can start a business that helps others

Or visit Business Opportunity to schedule a phone appointment

Start a Business That Helps Others
How to Start a Credit Repair Business

How to Start a Credit Repair Business

If you want to learn how to start a credit repair business you first have to ask yourself some questions.

How many hours per week or per month do I have to devote to a credit repair business?

Do I have the necessary expertise in technology, sales, marketing, and customer service?

When I start my credit repair business do I want to do all the work myself?

Do I want to do it the hard way or the easy way?

I’m not trying to dampen your spirits about learning how to start a credit repair business. I’m trying to save you a lot of time, energy and money. The reason I am qualified to do this is only because I started a credit repair business in August of 2012 and become very successful with it. If I can pass along what I’ve learned to you then taking the time to write this is well worth it to me.

I get calls from many people every week asking me about this topic. The fact is that we don’t know what we don’t know. Then we read on the internet how easy it is and how much money we can make. It’s therefore, very enticing to learn how to start a credit repair business.

What they don’t tell you is that if you have to do all the marketing, selling and service delivery yourself, you’ll never have enough business to make a substantial income. The reason is that there just isn’t enough hours in a day. The solution is to have other people representing you that are independent and not employees.

I’m sure you’ve figured this out by now but here’s what you need:

  • Credit repair law training and how to build a business in this industry
  • Knowledge of the federal laws and laws in your state
  • Knowledge of the competition both locally and nationally
  • Technology to build online reporting for your client
  • A website to market your business
  • Knowledge of how to market a credit repair business
  • And more…

Many companies that want to sell you their software may tell you that you don’t need any of this. Or, that it’s simple to learn. It’s not.

After 5 years in the industry I would suggest that you align yourself with a company that’s already done all of this and simply represent them as an Independent Agent. Get your business started now by using what someone else has already built. Be successful with it. If at some point you’re still dead set on starting your own separate company, at least then you’ll know not only what is necessary, but how to do it.

There are a few companies out there that give you the opportunity to align with them and still have your own business. Credit Repair USA and Allied Credit Solutions are two of them.  However, there is only one company that I’ve found that gives you everything you need to be in the credit repair business. They also give you the opportunity to bring on other people. They train these people. And, you get paid for their production.

This means you can be in business tomorrow and avoid the overwhelming amount of information you’ll have to learn about how to start a credit repair business.

Click this link to find out more http://eracreditservices.com/credit-repair-business-opportunity/. Here you’ll find two powerful and informative videos to help you. Then you can make a decision as to what direction you go next.

Credit Repair Affiliate

Become a Credit Repair Affiliate

You may be in an industry that gives you access to people that are challenged with their credit score. Or, you may want to learn how you can work with people in these industries to help their clients. Becoming a credit repair affiliate with our company can generate immediate and residual income.

You would become what we call an Independent Agent. In doing so you would represent our parent company and sell our array of credit centric and other services. You would be provided a website customized for you. You also would receive training on the services so you would be a credit repair expert.

Once someone has been turned down for a mortgage due to credit score, they immediately understand they need help. The typical conversation with someone to explain what we do, pricing, and get them enrolled in the process is about 20 minutes. You would earn $100 and residual on a monthly basis on each client. That’s a great hourly rate!

Our expert staff them handles all the service delivery and customer support. That allows you to concentrate on your main business or go out and get more customers. The process for our Agents is streamline and simple.

Build a Credit Repair Affiliate Business

There is also an opportunity to expand your business beyond just what you can do. Imagine having others that are a credit repair affiliate all over the country. You would earn from the production of all your Agents no matter where they are located. If you have an interest in building a large business we train you on this as well. We conduct seminars in several cities around the country for credit repair affiliates who want to grow their business.

We’ve been in business since 2004 and have an A+ BBB rating. By becoming a credit repair affiliate or Agent with our company you would be representing the #1 credit repair company in the country.

For more information on becoming a credit repair affiliate and Agent visit our page at Credit Repair Business Opportunity.  Or call 727-222-0120 to speak to Vice President, Dale Guiducci.

Credit Repair Affiliate
The Best Credit Repair Software

The Best Credit Repair Software

Often times people call me and ask what credit repair software we use or what we would recommend. Of course, they are making that call because they have done some research on what they need to start a credit repair business. Based on what they read on the internet, they feel they need the best credit repair software package.

They have also seen on our website that we are a major player in the credit repair market. We have a long and successful track record having helped over 250,000 people in the last 13 years. So, we should know the best credit repair software, right?

But here’s the problem. If someone is going to try and do all the administrative work of repairing credit, despite the software they are using, they are already making a costly miscalculation on what it’s going to take to be successful in this industry.

Credit repair software companies like Credit Repair Cloud, Credit-Aid, Dispute Suite, CreditUmbrella and many others would have you believe that all you need is the right software and you can have a phenomenally successful business. That’s because they are not in the credit repair business. They don’t do credit repair. They have no idea what it is to be in the trenches building a credit repair business.

The value in the credit repair business is not credit repair software. It is marketing and sales. You have to first develop a strong and ever producing pipeline of credit repair customers. How do you do that? We teach our Credit Repair Agency owners exactly how to do that.

Then you have to know how to stack up what you do against everyone else in the credit repair business. Why would someone work with you and become your customer? How are you different? It can’t be your track record because you just got started. It can’t be your method because if you bought credit repair software you’re just like hundreds of others. What we do is very different and far more effective.

But here’s the real key. If you’re analyzing credit reports and drafting dispute letters (using software or not), a function that is worth only about $15/hour, then who’s out there getting the sales and selling to the customers? The marketing and sales is the real value in the credit repair business. Whoever gets the most credit repair customers wins!

We have a staff of people that do all the credit repair admin work for our Credit Repair Agency owners. So they can concentrate on building their business, getting credit repair customers, and being an effective credit repair salesperson.

We have people coming into the credit repair business with no experience (and making no investment in credit repair software) that in their second year are generating over $1,000,000 in sales revenue in their credit repair business. And, they are not doing any of the credit repair admin work.

If you would like to understand our business model, and get started as an Agency owner in the credit repair business for less than $500, then click the link below. Watch the 2 videos on that page. Those videos will share with you how our business model stacks up against others. And, more importantly, will show you our track record, the services we offer (credit repair is just one way to increase a client’s credit score), the website and marketing materials that are prepared for you, the tracking system we provide, the compensation (second to none), and our incredible training program that teaches you how to build a successful credit repair business.

Click here NOW- Start a Credit Repair Business for less than $500

Then schedule an appointment to speak with us right on our website.

Or, contact us at 727-222-0120 or 619-492-3040

Or, send an email to info@eracreditservices.com

Work From Home Opportunity

More and more people today desire, and sometimes need, to find a work from home opportunity.

Stay at home parents and others are simply looking for supplemental income or a full time career with a work from home opportunity. We have over 13,000 Independent Agents working with us either part-time or full time from home.

work from home opportunity

 

There is no doubt about the number of Americans that are in need of financial services to protect their identity, credit, family, finances, lifestyle and future.

The key, of course, is having an infrastructure and business model that allows us to market to these people, sell them our services, and provide support to them after the sale. This is exactly what we provide.

You will understand how to market to the millions of Americans in all 50 states. There are no restrictions or territory boundaries. Technology and social media allow us to access these people anywhere they are. Our duplicatable marketing campaigns give you the ability to drive traffic (emails, calls, texts, and messages) back to you.

Your job is to learn how to convert them into customers. Our training program and one on one mentoring help you learn exactly how to do it. Does it require sales skills and comfort level to speak to people on the phone? Yes. Do you need creativity to attract people to reach back out to you? Yes. Does it require consistent dedicated hours every week? Yes. Does it require an entrepreneurial mind set? Yes.

The rest is in place. A website, online marketing materials, sales funnels with landing and thank you pages, email drip campaigns, example social media posts, videos about our services, and live customer support to take over after the sale, is all in place.

And, here’s the best part. With this work from home opportunity you can earn income from day one.

Well, maybe here’s something even better. You can earn monthly residual income as well. In addition to income you earn during the month from new sales, in a very conservative scenario you can have over $2,000 a month coming in for work that you’ve already done. And, just keep building upon that.

We’re excited to show you what we have to offer. If you’re the right person we’d love to speak with you.

Visit http://eracreditservices.com/credit-repair-business-opportunity/

Then give us a call at 727-222-0120 or email us at info@eracreditservices.com

Supplement Retirement Income – Use Your Skills, Work From Home

Some people who have recently retired from their job are not looking to settle into playing golf every day. Or, they may need to supplement retirement income. And, of course, many people of early retirement age have a wealth of experience and want to maintain an active daily schedule.

supplement retirement income

According to a Global Entrepreneurship Monitor (GEM) report, 18% of those involved in early entrepreneurship are over 55 and 7.9% are over 65 years of age. That number could be as high as it is due to many older people finding it difficult to procure employment that will pay them for their experience and skills. Or, they simply have worked for someone else for so long they want to be their own boss. Therefore they choose to start their own business.

In any case, starting a business from home is a great solution to supplement retirement income.

Our company, ERA Credit Services, working in conjunction with Financial Education Services (FES) has a business opportunity that may be a great fit for some of these people. It involves helping individuals get their personal finances on track, has services that the majority of the population needs, requires a low start up cost, provides a comprehensive training program, can be very lucrative, and can be done from home on a part-time or full time basis.

Our flag ship product is a set of financial services that helps people increase and protect their credit, identity, family, finances and future called the Protection Plan. The core service is credit restoration. Although we speak to everyone about our services our best source of clients is referrals from professionals in credit related industries such as real estate, mortgage, banking, auto, solar and other industries.

Many of our independent agents are people who want to supplement retirement income by using the skills and experience they have to develop relationships with these professionals and build a pipeline of customer prospects. In addition, those with management skills can build a sales team to create leverage in developing a string residual income.

FES has been in business since 2004 and is headquartered in Farmington Hills, MI. They have an A+ rating with the Better Business Bureau and conducts business in all 50 U.S. states. The flagship service, credit restoration provided by their credit restoration division, United Credit Education Services which also carries an A+ rating.

For more information, visit the ERA Credit Services website or call us at 727-222-0120.