Prison Professors With Michael Santos

12. Billionaire Prepares for Prison: Scott Tucker, Episode 3

Informações:

Synopsis

Scott Tucker built a billion dollar business. He started with a single storefront. In this episode, the third episode in a multi-part series, we learn how. Despite his not being a good student, Scott Tucker always had ambition. Like many young entrepreneurs, he started with lawn mowing businesses that he launched as a child. While in college, Scott found an opportunity to get involved in real estate. Scouring the classified ads, he secured an opportunity that netted him more than $100,000 for six months work. Then he invested those resources to build other businesses. After a brief period in the car business, Scott discovered a new market. People were asking if they could provide him with a post dated check for a deposit. They needed a bit of liquidity until they received a paycheck. Scott decided to start a company. People could write a post-dated check for $120. It would not be good until the person’s payday. Scott would give the person $100 in exchange for that post dated check. That was how the payday loa