Local Talent: The Entrepreneur’s Handbook Podcast - Episode 10
Leonides Valdez has had a hell of a year, and he’s come to the Local Talent
Podcast to tell host Jason Setzer all about it. Leo has a background working in credit
repair and last year he used his knowledge to set up his own business, which has
become one of the top credit repair agencies in San Antonio. He and Jason talk
entrepreneurship, credit scores, scaling a business, and the future of National Best
Credit Solutions.
Leo begins by explaining why he wanted to set up a credit repair business and the initial
steps that he took to get the business to grow. He’s been ambitious about his business
from Day 1 and tells Jason about the progress he’s made, from hiring employees to
opening new locations. He also shares the biggest business mistakes he’s made so far
and the things that he wished he knew before setting up a credit repair business.
This episode of Local Talent is essential listening for entrepreneurs because you’re
going to be inspired by Leo’s positive outlook, and it’s also packed with insider advice of
how to improve your credit score and what to do if your credit score is f*%cked up. You’ll
hear Leo’s go-to story of how a customer messed up his credit score with one really
dumb purchase, which is a lesson in how not to manage your credit!

#creditrepair
#txlocaltalent
#entrepreneur

==Timestamps==

[0:00] Intro
[0:39] Leonides introduces himself and his business
[1:00] How do you start a business in credit repair? You get bored, get a job, get fired,
and start up by yourself
[2:17] What kind of salary do you get being the top guy in sales?
[3:42] Leo’s entrepreneur journey and setting up an LLC
[5:17] What’s the picture like one year in?
[6:22] The better way to be a boss
[9:39] What do people complain to credit repair companies about?
[12:08] The process of improving your credit score
[13:50] Leo’s go-to story of how to mess up your credit rating
[15:05] What’s the relationship between credit repair businesses and loan officers?
[15:53] The typical customer profile and the ideal customer profile in credit repair
[17:38] Most entrepreneurs don’t really think about hiring employees - but Leo wants to
manage a team of 30
[20:09] How many customers can the business handle?
[21:03] Leo’s passion for his job and the greatest moment in his job
[23:08] Customers in 40 states: Planting seeds to keep new people coming through the
doors
[25:10] Hell yeah there’s competition in this business!
[27:26] The biggest misconception people have about why their credit score is bad, and
the real reason it’s bad
[30:28] Leo’s advice about how to build up a good credit score
[32:46] The different credit repair plans that Leo’s business offers and how he
determines the price and value of the plans
[35:47] What does the credit repair scene look like in San Antonio? Watch out for
pyramid schemes and debt consolidation firms
[37:36] Lightning round!!
[39:17] What’s the one thing that Leo wishes he knew before starting a business?
[40:18] Overpromising, underdelivering: Leo’s biggest mistake so far
[41:16] How customers normally get in touch with the credit repair business
[41:53] Beers and barbecue to unwind
[43:00] Leo’s prediction for his business in 20 years’ time
[44:07] What Leo looks for in his employees…and it’s not knowledge of credit scores
[46:00] Yes you can fix your credit yourself, but it’ll take a while
[46:52] Parting words of wisdom from Leo for entrepreneurs and for people with sh*tty
credit scores
[48:52] Where to go to find Leo and his business