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No Big Money Affiliate Program 2.0 Lecture
Jul 10, 2024
No Big Money Affiliate Program 2.0
Introduction
Speaker
: Rico McKay, President, and CEO of No Big Money.
Goal
: To help people improve their financial situation.
Background
: Grew up in a single-parent home, learned about finances, and entrepreneurship at 20, and earned several million dollars in five years.
Current Focus
: Helping thousands transform their financial lives.
Guest Introduction
Guest
: Self Mitchell, President, and CEO of Priority Financial Solutions.
Background
: Entrepreneur from college with humble beginnings, involved in reaching people across the country.
Company's Progress
: Since 2014, helping tens of thousands with their finances.
Nove Money
History
: Started in 2014 under the name "The Education."
Goal
: Educate people on credit, budgeting, and getting out of debt.
Flagship Product
: Nove Money.
Importance of Finances in Society
Current Trends
: Increase in commercials about credit monitoring.
Struggles
: Many people live paycheck to paycheck and lack financial reserves.
Nove Money Product Features
Credit
: Essential for many aspects of life, including job opportunities, insurance rates, home, and car purchasing.
Budgeting Tool
: Helps manage and track finances.
Debt Elimination Tool
: Addresses behavioral changes needed for financial stability.
Importance of Credit
Leverage
: Good credit allows leveraging larger sums of money.
Opportunities
: Credit enables taking advantage of opportunities that require large sums.
Ownership
: Facilitates investments and purchases like homes or businesses.
Options
: Offers multiple financial pathways, whether using credit or cash.
Wealth Building
Principle
: Utilize OPM (Other People’s Money) and OPT (Other People’s Time).
Income Shifting and My Econ
: Understanding the concept of "credit asset cash."
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Full transcript