Jason Setzer gets into the world of credit repair on this episode of Local Talent: The Entrepreneur’s Handbook alongside special guest Dylan Shively, the founder of James Warren Credit Repair.

Dylan is a veteran who came into credit repair via a stretch managing a Verizon store and he explains to Jason what he learned as a manager that influenced his entrepreneur strategy. Jason and Dylan compare the different expectations of being an entrepreneur vs. being an employee, and Dylan opens up about how he views his employees as the greatest asset in his business, rather than the biggest expense.

This episode also features some great insider knowledge about the credit repair game, from what a credit repair firm can do that you can’t, to the five factors that influence your credit score the most. Dylan busts the biggest myths in credit repair and unpacks a fairly common credit repair scenario of how a divorce could impact your credit rating.

This awesome episode of Local Talent: The Entrepreneur’s Handbook has life lessons for entrepreneurs, employees, and anyone who’s old enough to get a credit card. You can spread the word about the podcast by sharing it on your social media channels, and head on over to the Local Talent website to catch up on previous episodes.


Timestamps
[0:00] Intro
[0:15] Jason welcomes Dylan onto the show
[0:34] Dylan gives his credit repair elevator pitch
[1:43] Why do some people have a bad credit score?
[2:53] “The perception is that it’s easy”: Why credit repair takes time
[4:58] Why ASAP is problematic in business
[5:47] Your results may vary, and Dylan’s willing to lose you as a customer if you don’t understand that
[8:08] Dylan shares his story of growing up in Pennsylvania and moving to Texas on impulse
[10:50] Going from school to the military to a car dealership to managing a Verizon store and learning “big boy business”
[13:28] How Dylan learned the tricks of the trade and the one question that made him shift his perspective
[15:53] Lightning rooooooouuuund!!!!
[20:58] The one thing that Dylan wishes he knew before he started his business
[21:52] ….Aaaaaaand Dylan’s biggest mistake
[23:02] The origin of the James Warren name
[25:55] Dylan’s best advice and the most utilized tool in credit repair for customers
[28:18] What Dylan’s employees bring to his business
[29:26] Unwinding from work…by doing more work
[29:52] The road from now to 10 years’ time
[31:28] What Dylan carried over from his manager job to his own business
[32:38] Dylan lays out some secrets about the credit repair industry
[33:56] “I don’t spend one dollar on any marketing or advertising. Not one dollar.”
[35:32] Expectation vs. reality: Business edition
[36:31] What’s the biggest myth in credit repair, and the biggest fact?
[39:03] The five factors that influence your credit score
[41:22] Dylan dives into the statute of limitations on your credit report and which of those could affect a lending decision
[45:07] A common credit repair scenario and how Dylan would resolve it
[51:18] Dylan’s car obsession
[52:11] How Dylan set out his pricing strategy
[54:03] Dylan’s advice to aspiring entrepreneurs
[56:15] What you can learn as an employee, if your attitude is right
[59:45] Where to go to find out more about Dylan and James Warren Credit Repair