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23 Jan 2016
Credit Repair
A favorable credit record is more important now than ever before, and the credit repair industry is booming because of it. Credit restoration Nerds is at the forefront.

Bad Credit

Scott Been, Owner/CEO of Credit Repair Nerds, recently sat down along with us for an interview to go over his successful business, which today is 40+ licensees strong and adding newbies every week. Been allows us to in on the techniques to his success and just how big he sees his business getting in the next five years.

What’s special about Credit improvement Nerds?

For starters, we are the only credit repair company expanding with this pace. We are within an industry that is booming right this moment due to the importance of credit. It's my job to tell our clients and licensees that you could barely wake up and obtain out of bed without someone pulling your credit. Things are all credit-based nowadays, so our services are required more than ever. Plus, it’s all web-driven. There isn’t any excuses for brick-and-mortar or office space. Software and technology permits us to run this business from around the world or poolside, drinking margaritas.

What is the idea behind Credit improvement Nerds?

Originally, it turned out to grow our already successful business. Then it turned into a mission for help our licensees build their own businesses. We spend a lot of time with our licensees, training them to be a success in this industry. As well as in return, they produce, which in returns grows our brand with a national level.

So how exactly does Credit Repair Nerds can rival its competition?

Ah, we've got ZERO competition in this industry. We are the leaders and may continue to be the leaders inside the credit repair business. As far as other franchise opportunities, well, Personally, i don’t get into that. Everyone has a place in this country to develop a business and be successful. We just think that we have the cheapest overhead of all industries right now. Over 95 percent of our licensees work from home. You can’t beat that.

So what can you look for in a potential licensee?

That’s easy, motivation and drive. Surprisingly, we don’t just let anyone join our team. You must be willing to listen and take instructions. The business model is already a proven winner. You only need to duplicate it. There isn’t a desire to reinvent the wheel.

Where would you see Credit Repair Nerds in five years?

I love this question because that's how I run this business. I’m never looking at today or tomorrow. Every move we make is usually to put us in a better position years from now. But, in five years, we should be 400+ licensees strong and growing because the industry changes.

Can you describe a typical day within the life of a Credit score improvement Nerds licensee?

Well, if they follow the business model, they’ll wind up working about 10 hours a week, making a good six-figure salary. But, at first, there is a lot of training. Live webinars, one-on-one training, take your pick. We have to do might know about have to do to get everyone in control.

What’s your background?

I’m Ten years into the business now. Before that, I used to be slaving for corporate America, selling cars. I loved the automobile business, but the hours wore thin and I quit and started this company out of my one-bedroom apartment. Today, we are 34 licensees strong and adding new members every week. By the end of 2015, we should be around 75 licensees. And also the crazy part is, we started licensing last March. So, in mere three short months, we added 34 licensees.

What motivates that you keep going?

The fear of getting a real job. That is my motivation. Each day I wake up remembering what it really was like applying 60-70hrs a week selling cars inside them for hours nothing to show for it. I am so anti-corporate. If you ask me, they are the enemy and that i run my business as a result. I wake up which has a chip on my shoulder and i also use that as fuel to not ever become lazy. Training and teaching new licensees the company is another aspect of what keeps me going. Every licensee has their unique learning curve. I really like trying to find that curve and straighten it out. I've found myself becoming a professor or, as our own licensees call me, a master. It’s fun building people up. Among the people I idolize, Mark Cuban, says, “We don’t build businesses, we build people and people people build businesses.”

If you start again, what would you do differently?

Good question. I wouldn’t have so long! I should are already doing this five years ago, but as my father told me, “Son, you only weren’t ready.” So, apart from that, I wouldn’t have changed anything.

Please tell us your secret to success…

This can be going to sound weird, however don’t look at myself as a success yet. I examine people like Mark Cuban and attempt to get to that level. Am i going to ever become a billionaire? Eh, probably not. But that won’t stop me from trying. I’m sure question is better asked to my licensees. They look approximately me, so with this, I guess I am successful. The morning when others looked over me as a leader, I suppose that would be considered successful. I would like to see others succeed, and if I can help them get there, then it’s a success.

Exactly what is the worst job you have ever had and what have you learn from it?

Hmm, employed by my father. He owned a building company. I hated slamming a hammer for any paycheck. I was dealing with the Houston humidity every day. I guess if it was my worst job, in hindsight, maybe it hasn’t been so bad all things considered.

What is the one thing that actually excites you?

To be able to walk into a Ferrari dealership and paying cash (wink wink). On the serious note, just growing the business. I am now 38 years of age and I’ve realized I’m not where I’m at today without help. Being able to build the finance Repair Nerds business and grow it the right way within an industry full of scams is what excites me. It may have taken longer than expected, however pushed through the walls.

Any final words for aspiring entrepreneurs?

Yes! Basically can build a business, so can you. I know that sounds so cliché, however i started this business without a penny. And when I mean nothing, I am talking about nothing. I quit the automobile business, got on unemployment and instead of blowing my unemployment like most folks do, I started my business. It was tough. I needed a hard time keeping the lights on and paying rent, but also in year three, I had been clearing six figures and following that, I put the throttle down. There are a lot of negative nellies along the way telling me I was nuts. I ignored them and surrounded myself with like-minded people. I pushed through. I didn’t quit. Did I have days to weeks where I thought it would all end? Heck yeah, on the other hand pushed through those thoughts and stayed target the bigger picture. Now, here I am! I can relate. Like Mr. Wonderful says, “I’ve been rich and I’ve been poor, rich is much better.” I know that sounds elitist, but it’s true. I usually tell my licensees, ‘Look, I’ve been there. I started from scratch. You can do it. You just have to block out your outside interference, enroll in a winning team and ingest instruction. Once you allow you to ultimately do that, then it just all comes together. Before you know it, you overcome your local market and it’s ready to go.


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