#3 Clarence Adams: Learning How To Use Business Credit To Grow Main Street Makers podcast

#3 Clarence Adams: Learning how to use business credit to grow

22d ago 32:46

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In this episode, small business owner Clarence Adams shares the importance of focusing on building business credit early on — so you’re not relying solely on personal credit — as well as the value of mentorship. The conversation highlights common struggles faced by small business owners and offers valuable insights for those starting their own businesses.

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Chapters

1. The business credit mistake every new entrepreneur should avoid (00:00:00)

2. Meet Clarence: How he built two small businesses from scratch (00:00:46)

3. Startup costs: How Clarence launched with $15K in savings (00:05:10)

4. What no one tells you about business credit and tradelines (00:06:59)

5. How Clarence separated personal and business finances (00:14:08)

6. Why mentorship matters and how Clarence pays it forward (00:15:25)

7. The moment Clarence felt like a real business owner (00:18:06)

8. Imposter syndrome is real — even years into business (00:20:28)

9. The impact of small businesses on local communities (00:23:35)

10. Why getting funding is hard for small businesses (00:25:28)

11. Final advice for new business owners: invest in learning (00:27:19)

5 episodes