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CarlGould-#70secondCEO-Getting 30-days more Credit

Carl Gould #70secondCEO

Release Date: 10/07/2020

CarlGould-#70secondCEO- Overcoming Blindspots show art CarlGould-#70secondCEO- Overcoming Blindspots

Carl Gould #70secondCEO

Finding your blindspot opens up new areas to monetize. Carl explains in this episode of #70secondCEO. A quick daily hit with Carl Gould to achieve a lifetime of results. #70secondCEO your micro-podcast...GO!

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Carl Gould #70secondCEO

Be effective and efficient. Listen to Carl Gould your #70secondCEO on how to reach your clients.

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Carl Gould #70secondCEO

Is your house in order? Don't mix up the front and back. Listen to this episode of #70secondCEO and keep it all where it belongs.

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Carl Gould #70secondCEO

What are the 4 quadrants of your business? Find out in this episode of #70secondCEO with Carl Gould.

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Carl Gould #70secondCEO

You want it all and you want it now! But success is usually reached in small increments. Check out this episode with Carl Gould your #70secondCEO.

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Carl Gould #70secondCEO

A breakthrough will require a reassessment of your beliefs. Carl shares how in this episode of #70secondCEO.

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Carl Gould #70secondCEO

Even getting sued can have a silver lining! Hear Carl's silver lining in this 2-part episode.

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Carl Gould #70secondCEO

Being a success can make you a target. Find out what happened to Carl in this 2-part episode. End of the story in tomorrow's episode.

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CarlGould-#70secondCEO-Build on a Strong Foundation show art CarlGould-#70secondCEO-Build on a Strong Foundation

Carl Gould #70secondCEO

Progression builds on the positive. How strong are the foundations of your business? Listen to Carl Gould your #70secondCEO.

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Carl Gould #70secondCEO

Sometimes you need a ‘trigger event’ to push you to the next stage. Want to hear Carl's? #70secondCEO weekday mornings at 7am. Read full transcript: Hi everyone, Carl Gould here with your #70secondCEO. Just a little over one minute investment every day for a lifetime of results. Or was there a trigger event, I remember when I had my construction business in the late 90s and early 2000s, and 911 hit. And I remembered, on that day I remember thinking, you know cause I didn't enjoy my construction business and I certainly by 2001 was more than ready to leave it. And I was like, what am I...

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How do you get a little more time to pay? Listen to this episode of #70secondCEO with Carl Gould.

Read full transcript:

Hi Everyone, Carl Gould here your #70secondCEO, just over a minute of investment per day for a lifetime of results.

Any time you can get yourself another 30 days that’s worthwhile. So if you have a credit card and it’s got a $20,000 limit on it, and you have $20,000 cash in the bank and you’ve got a $20,000 bill. Alright, so everybody follow that? I have $20,000 credit card, $20,000 cash in the bank, and a $20,000 bill. Alright. 

So first thing I would do is I would say, “When do I absolutely have to pay that bill?” and I will, and in accounts payable you try to pay the last possible day so you can hold on to it for as long as you want. 

And so, if I have 30 days to pay that bill, I’m going to take 30 days. But I’m not going to write the cheque out of my account, I’m going to go to my credit card and say, “What is the statement date that you know, when does the statement, period ends and closes, and I get my statement and then I’m ready, I get the bill.

So I’m going to go the day of or the day before and I’m going to put on that credit card because by the time it hits, it’ll go on the next statement date, or I’ll take the first day of the next statement date to be safe. Alright, what that means is, it won’t show up on my bill for another 30 days. And then I’ll have another 30 days to pay it. 

So I have used credit to my advantage, a little bit of being clever, but I’ve also using credit to my advantage to give myself 90 days before I have to spend that $20,000 that is sitting in my bank account. 

Like and follow this podcast so you can learn more. My name is Carl Gould and this has been your #70secondCEO.