Credit Expert Yan Stavisski Says People Have Been Lied To About Debt
A very important rule starting out when leveraging debt is that the investment has proven to pay off and hence is low risk
At just 23 years old, Yan Stavisski was already $82,000 in debt. After realizing two prestigious college degrees were not going to land him a job, Yan decided to go off on his own and launch six businesses over the course of two years - and every single one of them failed. Just three years later, Yan Stavisski is a celebrity Credit consultant operating multiple businesses while travelling to over 20 countries each year and is a mentor to thousands.
Growing Up
Despite the obvious hunger for entrepreneurship at an early age, Yan Stavisski’s parents believed a college education was necessary for a successful life. While Yan had enough savings from his endeavours to pay for his own college education, most take on large debt for a college education that will likely prove to be useless.
Losses with lessons - Why 99% are set up to fail?
“A very important rule starting out when leveraging debt is that the investment has proven to pay off and hence is low risk. College is the exact opposite for most people and is a liability from the start”, Yan explains. For him, college resulted in zero job offers even after applying to over 100 companies after graduating from college with a Finance and a Marketing degree.
Yan Stavisski says, “It happens from the beginning, even at a young age that we are conditioned to think a certain way about debt and it is like that because mass lack of financial knowledge results in massive profits for banks, schools, and governments. This is why education about credit is rare among schools and colleges.” At 22, realizing that college will not help him get a job, Yan went off to launch seven different businesses and due to his lack of financial knowledge, Yan ended up in $82,000 worth of debt. “This was my rock bottom and it was the most important turning point in my life,” Yan says.
