The Game-Changer - Get Fundable!
Interested in starting your own entrepreneurial journey but unsure what to expect? Then read up on our interview with Brad Burnett, CMO, and CFO of Get Fundable!, located in Salt Lake City, UT, USA.
What's your business, and who are your customers?
We are in the business of fundability. The system is designed to keep you focused on your credit score, but getting approved is not about your credit score...it's about your fundability. We help real estate and business entrepreneurs get fundable, so they can access the biggest and least expensive (in fees and interest rates) pool of money that they have never had access to before.
Tell us about yourself
I have always been an entrepreneur at heart, and one of the biggest problems entrepreneurs face is having the capital they need to grow their businesses the way they want to. There are a bunch of lending sources that charge really high fees and interest to entrepreneurs because they know entrepreneurs will do almost anything to make their dream come true. Helping our clients get approved for the lowest interest money and finding new ways to share our message and technology is what motivates me.
What's your biggest accomplishment as a business owner?
I am really excited about a new collaboration we are working on with the FICO business team, but I can't talk much about that right now. So, I'd have to say our biggest accomplishment is moving all of our education and technology into our Advanced Fundability—Business Funding Master Course because it means we can have a huge impact on the fundability of real estate and business entrepreneurs...not just in the United States, but globally!
What's one of the hardest things that come with being a business owner?
Without a doubt, one of the hardest things about being a business owner is building a team where every member works toward our company vision. We've been fortunate to find team members who believe in what we do, and that is a challenge.
What are the top tips you'd give to anyone looking to start, run and grow a business today?
- Find someone who has the success you want and model your business after them. Be willing to pay whatever you can to be mentored by them because they will be able to cut your learning curve significantly.
- Even if you are bringing a new product or innovation to the market, be open and flexible to change.
- Fall in love with your business numbers while you are building your Intrinsic Value. We use EV 24 as a tool to track our business value for exit.
Bonus Tip. Know your exit strategy from the beginning. Too often, entrepreneurs get stuck in the startup or perseverance phases because they don't know what the actual goal is (beyond I want to make money). We help our clients through every phase of business so they can reach their desired exit regardless of what it is.
Is there anything else you'd like to share?
There has never been a better time to be an entrepreneur because resources are just a click away. Be careful not to listen to everyone. There's a lot of noise out there in the business development space. Make an annual plan, and then focus on what you can accomplish quarterly. This allows you to move the needle every quarter and then visit and review your annual plan with quarterly targets every 90 days. When you focus on the weakest pillar of your business for 90 days, it will become stronger, and then you will need to focus on a different pillar for the next 90 days. Being systematic about your business growth is the key.
Where can people find you and your business?
Website: https://getfundable.com/
Facebook: https://www.facebook.com/yougetfundable
Instagram: https://www.instagram.com/getfundable/
Twitter: https://twitter.com/GetFundable
LinkedIn: https://www.linkedin.com/company/getfundable/
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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