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Ep353: Transforming Debt into your Ultimate Business Weapon with King of Debt Jack McColl
Manage episode 363488901 series 2621946
Jack McColl is known as the King of Debt. He unlocked the formula on how to leverage debt to scale companies. His first company imported hoverboards from China. Because he couldn't access funding, he lost millions of dollars of potential earnings.
Learning his lesson, he took on an equity partner in his business but got burned. After launching his travel agency, Jack leveraged borrowed money to scale up. After that, he sold it to a competitor. Realizing how easy it was to access capital, Jack launched five eCommerce stores. Each company now generates millions of dollars in yearly revenue.
Today, Jack McColl is on a mission to teach business startups to access business credit. He helped companies get to 10 Million dollars altogether in less than two years. He published a book called "Credit Stacking." Jack teaches entrepreneurs how to access zero percent interest capital. The main goal: focus on growing your businesses without limitations. More of Jack:
- LinkedIn: linkedin.com/in/jackmccoll
- Instagram: @kingofdebt
- Facebook: Jack McColl
- Free Resource: Credit Stacking Case Study
100 Episoden
Manage episode 363488901 series 2621946
Jack McColl is known as the King of Debt. He unlocked the formula on how to leverage debt to scale companies. His first company imported hoverboards from China. Because he couldn't access funding, he lost millions of dollars of potential earnings.
Learning his lesson, he took on an equity partner in his business but got burned. After launching his travel agency, Jack leveraged borrowed money to scale up. After that, he sold it to a competitor. Realizing how easy it was to access capital, Jack launched five eCommerce stores. Each company now generates millions of dollars in yearly revenue.
Today, Jack McColl is on a mission to teach business startups to access business credit. He helped companies get to 10 Million dollars altogether in less than two years. He published a book called "Credit Stacking." Jack teaches entrepreneurs how to access zero percent interest capital. The main goal: focus on growing your businesses without limitations. More of Jack:
- LinkedIn: linkedin.com/in/jackmccoll
- Instagram: @kingofdebt
- Facebook: Jack McColl
- Free Resource: Credit Stacking Case Study
100 Episoden
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