- Kindly give our readers an introduction to your business. Please include what your business is all about, in which city you are located and if you have offices in multiple locations/ cities.
→ Getmoney.com is a business focused on helping applicants find the best loan they can qualify for. We do both electronic processing and traditional processing. For personal loans and payday loans, we process everything electronically. However, for mortgages and business loans we feel like we need to know exactly what’s going on and what the goals are prior to presenting our clients with their options. Thus, we process these applications through traditionally through experts qualified to offer quality services.
- Kindly give us a brief description about yourself (it should include your brief educational or entrepreneurial background and list some of your major achievements).
→ I’ve always loved working with numbers and got into the financial services industry working for one of the big four financial consulting firms right after graduating. To pursue personal goals, in 2001 I got into the mortgage industry and ran a successful company till I got out of the business in late 2007. I’ve since been active in the stock market, trading and a bit of mortgage work. Now my full attention is focused on providing the best platform possible for people to find the best loan they can qualify for.
- What inspired you to (start a new business venture) or (to make significant changes in an existing business)? How did the idea for your business come about?
→ I’ve always had a vision as to how the loan industry should work. But I’ve always been a small fish in a big pond. My motivation for this venture is to eventually implement a strategy that will forever change the way people obtain loans and related products.
- What three pieces of advice would you give to budding entrepreneurs?
→ Believe in what your vision, don’t be discouraged by the negative responses and most importantly there is no better time than today to get things started. Start small and build up as you learn.
- What would you say are the top three skills needed to be a successful entrepreneur?
→ Persistence, motivation and luck
- How many hours do you work a day on average?
- To what do you most attribute your success?
- How do you go about marketing your business? What has been your most successful form of marketing?
→ This is the hardest part of any business. I’ve been trying and everything I can afford and trying to identify plans that have the best ROI. This is by far the hardest aspect of the business.
- Where did your organizations funding/capital come from and how did you go about getting it? How did you obtain investors for your venture?
→ I personally funded my business. I had some savings that I decided to use as initial investment. I’ve been putting all the earnings back in the business and will hopefully be able to keep growing it on my own.
- What is the best way to achieve long-term success?
→ Long-term logical planning is crucial. Keep emotions out of the decision making process.
- Where you see yourself and your business in 5 – 10 years?
→ Hopefully serving thousands of people qualify for a better loan than they were hoping for.
- Excluding yours, what company or business do you admire the most?
→ I admire all businesses that put client experience ahead of money. Ultimately, the goal should be to serve clients and contribute to our communities.
- How long do you stick with an idea before giving up?
→ I don’t really give up. I might postpone it, but I usually keep thinking about it.
- What motivates you?
→ Success and achieving my goals.
- How do you generate new ideas?
→ I keep looking at things to see how I can improve it and make it better.
- How do you define success?
→ Success is achieving goals. Sometimes we don’t get everything we wanted; success has to be measured through different scales sometimes.
- What is your favorite aspect of being an entrepreneur?
→ Freedom to chase my dreams.
- What has been your most satisfying moment in business?
→ That final smile on a client’s face where I feel like I actually made difference in someone’s life.
- What do you feel is the major difference between entrepreneurs and those who work for someone else?
→ Some people are OK taking orders and living steady lives vs others who are willing to jump off the cliff to see what happens. To be an entrepreneur, you have to be willing to jump.
- In one word, characterize your life as an entrepreneur.
- If you had the chance to start your career over again, what would you do differently?
→ I would definitely learn programing.
- How has being an entrepreneur affected your family life?
→ It hasn’t been all that exciting. I find myself spending all my free time on work vs. focusing on what should have been my primary focus
- What is your greatest fear, and how do you manage fear?
→ Going broke, I don’t think about it.
- Do you believe there is some sort of pattern or formula to becoming a successful entrepreneur?
→ Believe in yourself and be persistent.
If you could talk to one person from history, who would it be and why?
- → Napoleon. I don’t know why, but I’ve always been infatuated by him.