Many people rarely look at the source of their financial rut as their credit score. However, Shawn Sharma proves that taking a closer look at those three little numbers can increase a person’s annual wealth by the thousands! Through his company, Credit 101, Shawn shows thousands of people how to improve their credit, build wealth through credit and travel hacking, and achieve the American dream. The most hopeful part of Shawn’s success story is that he started poor and created seven-figure success with zero start-up money.
The son of Indian immigrants, Shawn grew up in poverty, thanks to a series of unfortunate events. When his parents, a doctor and a college professor, were unable to translate their education and experience to comparable US jobs, Shawn began intently focusing on the things in his life he had control over, starting with his education. Shawn became ferociously determined to discover success, wealth, and fulfillment of the American dream. Starting with a scholarship to an elite boarding school, Shawn went on to Cornell University, and eventually, medical school. While in college, he discovered the highly-profitable benefits of credit arbitrage from which he was quickly earning $2,000-$3,000 per day. Founding Credit 101, Shawn created a plan to help empower others to leverage their own credit and have the same opportunities for wealth and success as him.
Credit 101 helps clients to legally take advantage of credit cards and travel offers, such as bonuses, rewards, cash-back, and more. Shawn shows his thousands of clients how to improve their credit scores and access lines of credit to fund businesses, explaining that the best part of his success comes from creating equal opportunities for everyone interested in meeting their financial goals. “My intention all along has been to help others discover the easy, practical ways they can leverage their credit and have a chance to live the American dream.”
During college at Cornell University, Shawn began maximizing frequent flyer miles to save his parents money flying him home to Alabama. He created over a dozen businesses that earned him a seven-figure income that continues to grow by the month. Shawn has over a million followers on Instagram and is seen as one of the industry’s top influencers. However, Shawn is not content merely raking in the money for himself, but rather genuinely wants to help others. “I strive to show people how they can actually earn money and build wealth just by things they do in their everyday lives,” Shawn explains. The response has been staggering, and Shawn foresees Credit 101 growing to a billion-dollar valuation in the future.
Most people shop with credit cards, travel somewhat regularly, and make daily choices that are opportunities to make cash-back. Shawn teaches clients about the benefits of paying credit cards before their statement closes. By doing so, you can avoid paying interest while still accruing miles, cash-back, and points. A person does not have to have a high income to reap the benefits, with annual salaries of $40,000 per family or less, consumers can easily see a several-thousand-dollar yearly return on their actions.
While many entrepreneurs gain business success, the ones with longevity hone their skills in personal branding, collaboration, and delegating lesser tasks to a handful of business managers. “I train one sales manager, and then give him 100% responsibility to hire, recruit, train, and build the team below him,” Shawn says of his business model. Doing so allows business owners time to focus on networking, building successful partnerships, and allowing good managers to generate more company revenue, resulting in higher compensation for themselves.
The entrepreneurs who leave lasting legacies are the ones with philanthropic hearts. Shawn is no different. He participates in multiple charities, continues to take care of his disabled mother, and inspires people of all colors and socioeconomic backgrounds to reach for the stars when it comes to their financial and success goals. “If I can do it, I really believe anyone can,” Shawn says, smiling.
To follow Shawn and learn more about how you can fix your credit score and maximize your personal wealth, check him out on his website and Instagram.
