Business Loans and Cashflow Managment |Daniel Yerushalmi & Yaron Been

Join host Yaron Been as he interviews Daniel Yerushalmi, a diamond industry expert who ventured into the world of pawn shops. Daniel (CEO of P2M.AI) shares his journey, insights, and debunks misconceptions about the pawn industry, emphasizing the value of other people's money (OPM) and leveraging resources for business growth. Listeners will discover: Daniel's fascinating journey from diamond dealing to developing an app for pawnbrokers and ultimately helping them overcome working capital challenges. Two common misconceptions about working with OPM: fear of being perceived as debt-ridden and the belief that using your own money yields greater profits. How pawnbrokers address working capital limitations, including using OPM to free up their own capital for diversification, investments, and personal goals. The importance of LTV (Loan-to-Value) in the pawn industry and how it protects both pawnbrokers and clients. Valuable insights from the pawn industry that are applicable to other businesses, particularly those in e-commerce. The social impact of pawn shops, particularly in serving individuals with low or no credit scores, highlighting their importance in the American economy. This podcast will challenge your preconceived notions about pawn shops and equip you with valuable financial strategies for your own business growth. Links and Resources: Learn more about P2M.Ai 

Om Podcasten

Welcome to the EcomXFactor Podcast! Wondering how you can build and scale your Ecommerce store? Want to learn updated Digital Marketing practices and hacks that Gurus don't share in their groups and Youtube Videos? Do you want to learn how to boost your productivity and efficiently run an online business? Then this is the show for you. We will share best practices and what is working these days for us and for our clients. We will explore different topics, such as: conversion rates optimization, Facebook Marketing, Google and Youtube Ads, Copywriting, Outsourcing, Delegating, Prioritizing, and many more. Our focus is on action items and practical stuff you can utilize and implement. You'll also hear from different guests who will talk about various topics on how to run a successful business. My name is Yaron Been and I want to help you become successful with your Ecommerce journey.