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] What type of start-up do you typically help? ·      Any type of start-up that needs financing [26:39] Do you have terms and conditions? ·      Typically, software in this space is expensive! ·      CLS wants to provide the software affordably, $149 per screener per year Sponsors [26:39] If you’re looking for ways to make more money check out our Airbnb host guide Value Link Round (VLR) [27:21] Why do you think people struggle to achieve their dreams? ·      Dreams are goals, if you don’t get there you need to keep moving ·      If you stop you won’t get there [28:18] Do you have any favorite books or podcasts? ·      Think and Grow Rich ·      Never Split the Difference [30:0] Do you have a favorite quote? ·      When you reach the end of your rope, tie a knot and hang on! [30:43] Any last advice? ·      Know before you apply Link to a chapter in John’s Book Support this podcast at — https://app.redcircle.com/shows/11f32da4-3081-471f-bf51-ea341b89ab1d/tip