In The Lab with Ruben Kanya
In The Lab with Ruben Kanya
Ruben Kanya
Power of Credit for Investors and Business Owners - Will Roundtree EP #65
1 hour 11 minutes Posted Jan 20, 2020 at 7:03 am.
Personal Background
Started a Business in Educating People on Credit
Understanding the Power of Credit
What Makes Up a Credit Score
The Next Largest Component: Credit Usage!
Why Set Up Automatic Payment
“What Would Will Do” Section: What else to Take into Account?
A Good Tactical Insight for Credit Limit
Don’t be Afraid to Ask for Money (Bank)
Paying off Credit card? Or Saving Cash/Down Payment?
Be as Liquid as Possible
Myth-Buster: What is the Biggest Misconception about Credit that is out there?
If Credit is Bad. It’s not the End of the World!
Thoughts on Debt Consolidation
Invest on Business or Pay off Credit cards for Future benefits?
One thing to look at, at another Company
100k cash and 500 credit score or 50k cash and 700 credit score? 50k cash and 700 credit score
 Pay $300 a month or Pay $10 a day everyday on a revolving credit? Depending how Cheap the money is.
Refinance or Heloc? I like Helocs
One 300 unit apartment building or 3 apartments of 100 units I’m doing both.
Best tool that serves you everyday? My mind.
The best habit that serves you everyday? Discipline
If you had one super power in your business, what would it be?To put everybody in position.
Describe a successful business owner in one word. A Visionary
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1:11:27
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Show notes
GUEST BIO
Will Roundtree has established himself as a staple in the real-estate investment sector. As the Founder and top-grossing Principal at WE Management, Roundtree has helped over 1500 small to medium sized businesses get access to over 300 million dollars in funding during a two year period. Will is also a published author  and is notably known for helping his community better their credit score as a credit strategist and financial advisor.
THE REAL ESTATE FOUNDATION
01:40 Personal Background
05:28 Started a Business in Educating People on Credit
08:10 Understanding the Power of Credit
11:50 What Makes Up a Credit Score
14:04 The Next Largest Component: Credit Usage!
18:20 Why Set Up Automatic Payment
20:36 “What Would Will Do” Section: What else to Take into Account?
23:04 A Good Tactical Insight for Credit Limit
24:28 Don’t be Afraid to Ask for Money (Bank)
27:40 Paying off Credit card? Or Saving Cash/Down Payment?
31:30 Be as Liquid as Possible
KEEPING IT REAL
36:32 Myth-Buster: What is the Biggest Misconception about Credit that is out there?
38:16 If Credit is Bad. It’s not the End of the World!
40:43 Thoughts on Debt Consolidation
44:05 Invest on Business or Pay off Credit cards for Future benefits?
46:40 One thing to look at, at another Company
ANSWERS TO THE RAPID FIRE QUESTIONS IN THE SHOW:
49:12 100k cash and 500 credit score or 50k cash and 700 credit score? - 50k cash and 700 credit score
49:33  Pay $300 a month or Pay $10 a day everyday on a revolving credit? - Depending how Cheap the money is.
49:46 Refinance or Heloc? - I like Helocs
50:05 One 300 unit apartment building or 3 apartments of 100 units - I’m doing both.
51:54 Best tool that serves you everyday? - My mind.
52:23 The best habit that serves you everyday? - Discipline
53:05 If you had one super power in your business, what would it be?- To put everybody in position.
53:32 Describe a successful business owner in one word. - A Visionary
BOOKS MENTIONED IN THIS SHOW
How to win friends and influence people by Dale Carnegie
Credit is King: Transforming Your Credit to Reality by Will Roundtree
Don’t Gamble With Your Credit Worthiness
NOTABLE QUOTES (KEY LESSONS):
“In Business you have to have a certain mindset, to get through life you need to have a certain mindset”
Connecting with The Guest
Instagram, Facebook, LinkedIn, YouTube 
Website: wemanagementinc.com | www.willroundtree.com
#ExperimentCredit