Debt Reduction Service

3 Tips For Starting A Successful Debt Reduction Service (2024)

Pat Walls

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Updated: July 24th, 2023

Want to start your own debt reduction service? Here are some tips you should know:

Learn more about starting a debt reduction service:

Where to start?

-> How much does it cost to start a debt reduction service?
-> Pros and cons of a debt reduction service

Need inspiration?

-> Other debt reduction service success stories
-> Marketing ideas for a debt reduction service

Other resources

We've interviewed thousands of successful founders at Starter Story and asked what advice they would give to entrepreneurs who are just getting started.

Here's the best advice we discovered for starting a debt reduction service:

#1: Josh Ellwood, founder of Debt To Dollars:

We chatted with with Josh, founder of Debt To Dollars ($7K/month). In our interview, Josh says:

I understood that a tutorial on starting a Turo business wouldn’t go viral, so I decided to make videos on other topics to gain exposure to different audiences.

Additionally:

My strategy was to throw as many darts at the board on topics that I had experience in and once one stuck, I was going to focus everything on that topic.

Further:

You’ll never know ahead of time which video will take off. I create every video thinking that it has the potential of being great, but in reality, less than 5% of my videos reach tens of thousands of views.