Interested in starting your own entrepreneurial journey in personal development but unsure what to expect? Then read up on our interview with Derick Vogel, Founder, and CEO of Credit Absolute, located in Scottsdale, AZ, USA.
What's your business, and who are your customers?
Giving People a Second Chance - Through education, we give people a second chance to improve their credit health, habits, and knowledge while building a sound financial future.
We strive to create a future where people understand the impact circumstances have on their credit. Knowledge isn't power, but through applying knowledge and sharing it with those they love, our clients change the future for generations to come.
Tell us about yourself
My name is Derick Vogel, and I'm the Founder and CEO of Credit Absolute. I wanted to take a moment to say hello and share who I am, what I do, and what I can do for you. I was a mortgage loan officer for ten years before I started Credit Absolute. I saw challenged credit reports every day and didn't have a trusted credit counseling and education company to refer to my clients. I realized after using a credit repair company that there had to be something better out there.
The companies were all the same, charging a big amount up front or charging monthly fees with no real action plan. After months of research, I decided there wasn't an existing company that met my standards, so I created Credit Absolute in 2012. Credit Absolute provides education on how the credit scoring models work while behind the scenes, we work on helping remove inaccurate, unverifiable, or outdated items.
What's your biggest accomplishment as a business owner?
We take the time to educate you and create an action plan to blueprint how to build new positive credit and maintain your current credit report to optimize your three credit scores. I have been in the credit counseling and education industry for over ten years and continue to expand my education to help you. We are optimizing credit scores in 30 to 90 days with our coaching, education, and accuracy verification process.
We look forward to giving you an action plan on how you can improve your credit through coaching and education. Our greatest accomplishment is helping thousands of clients become homeowners.
What's one of the hardest things that comes with being a business owner?
No, it has not been a smooth road. If you're a business owner, then you should know that it doesn't exist. There are struggles in business as there are in life. When I started the business, all I knew how to do was sell. I didn't know what a P&L was or a balance sheet was. I thought Brand meant your logo.
I had no system or processes in place and just trusted I had the vision to create the best credit counseling business in the industry. Struggles were hiring, business location, funding, payroll, and all the above. Personally, being a single father was a challenge, but that's my drive and focus not to let my son down. Being able to have the flexibility to work my own schedule was nice, but it took time to understand time management.
What are the top tips you'd give to anyone looking to start, run and grow a business today?
Be consistent! Connect with other successful business owners to learn what works and doesn't. Creating financials and understanding the numbers.
Where can people find you and your business?
If you like what you've read here and have your own story as a solo or small business entrepreneur that you'd like to share, then please answer these interview questions. We'd love to feature your journey on these pages.
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