Chain Of Wealth - Debt, Investing, Entrepreneurship, Wealth & More

John Matheson is the CEO of Commercial Loan Success, a software and education platform that allows anybody who needs commercial financing to plug in their numbers and immediately find out if their transaction is lendable. [2:39] What has been a big risk you have taken? ·      At 32 went off on his own ·      Started with $300 and started his own business ·      Took $100 and invested in real estate ·      Often other parties will come on board ·      In your personal checkbook you hate debt, but in business debt can be a good thing- leverage [14:26] What is the most common mistake you see people make when starting a business? ·      Being underfunded is big- If you fail to plan you plan to fail [15:22] Where did the idea of CLS come from? ·      As a real estate developer you’re always using debt ·      Banking process always seemed to be a mystery ·      There is always a knowledge gap- you never know what to expect ·      John met a partner who had a good understanding and the rest is history! [20:52] W