Starting a business is an exciting venture, but it can be overwhelming, especially if you don’t have the money to do so. However, according to serial entrepreneur Solomon Lacy III, the first lesson in entrepreneurship is to “figure it out.” Lacy, the founder of Fresh Start Financials Group, has become a master at accessing capital and funding for businesses.
Lacy emphasizes the importance of planning your finances and working your plan. He warns that if you don’t have a plan for your money, someone else does. As an expert in credit and finance, Lacy has assisted clients in getting over 60+ million dollars in funding for their ventures.
Lacy understands that undercapitalization is the most common reason for business failure. That’s why he provides education, consulting, and mentorship to his clients to help them overcome this obstacle. His business consulting includes professional guidance to individuals and corporations to help them achieve financially-sustainable results.
During these unprecedented times, Lacy has shifted his business model and pricing to accommodate individuals and entrepreneurs who lack financial know-how. His Inner Circle program teaches the importance of creating financial leverage and provides information on repairing, rebuilding, and boosting personal credit to access business credit. The program also teaches the importance of establishing an LLC to access tax benefits and prepare for lending.
Lacy’s Inner Circle courses were designed to educate and mentor the next generation of entrepreneurs. If you’re interested in learning more about how Solomon Lacy III inspires the next generation of entrepreneurs, visit his website at www.SolomonLacy.com and follow his Instagram page @Solomonlacyiii. Remember, when it comes to starting a business, figure it out and plan your finances accordingly.