In 2019, a chef who owns a food truck business transitioned to having his own financial literacy business with a mission to help entrepreneurs obtain the capital and credit they need and has already helped raise almost $2 million capital. (DaRel Daniels)

In this episode, Troy interviews DaRel Daniels from Alsace Legacy Group. He's based in Charlotte in the United States of America. Alsace Legacy Group is a financial literacy platform that helps smaller companies, LLCs, and entrepreneurs to access capital to start their businesses or help their businesses grow that need 100k to 20k to get started.

As a chef, he and his wife started a food truck business in Charlotte in 2014. This was before his knowledge of how to get funding and capital. So they started using their own money. In 2019, they sold the food truck, and at around the same time he started on a financial literacy journey that kind of led to the business that they do today.

The most stressful point was when one of their 2 food trucks broke down on its second day so they had to shut down and get more funding so they could shoot the equipment into another truck and get back on the road and running.

This Cast Covers:

• How he got started with a food truck business in Charlotte in 2014
• How it grew to around 12 to 13 team members
• Why they decided to transition to their current business
• What success looks like to him
• Luxury car rental named Alsace Auto Group and how it got funded
• Part of the business he had to work on the most to add value

Links:

• LinkedIn

Additional Resources:

• OnlineJobs.ph
• Rich Dad Poor Dad by Robert T. Kiyosaki
• Rich Dad's CASHFLOW Quadrant: by Robert T. Kiyosaki
• Earn Your Leisure (EYL) podcast

Quotes:

"Get a virtual assistant." — DaRel Daniels

"Don't chase the dollars, but chase action and results." — DaRel Daniels

"stay consistent, stay on track, know where you're going personally." — DaRel Daniels

"Being able to see the change in people that we work with like that's been the most rewarding. Definitely." — DaRel Daniels

"Being around people in the same industry, that's doing and kind of the same thing and moving towards the same goal. So just having somebody to bounce ideas off of, really helps." — DaRel Daniels