Finances are an important part of our lives. We are constantly seeking comfort when it comes to financial security. Many people have to take out loans in order to get ahead. However, there are lenders who are not as friendly and understanding of the people that request these loans. Fortunately, one man has made a difference in the lives of those who seek financial aid. Dennis Powers is the founder of PersonalLoanGuarantee and has worked his entire life to bring people quality lending services. Dennis Powers grew up in an environment in which his father taught him the importance of a strong work ethic. His father worked for a bank and taught Dennis many important lessons in finance.
Dennis Powers has been working in the financial industry for over twenty years and has an MBA from NYU Stern School of business. Dennis continues to make a positive impact every day in the lives of people that he works with. He is a family man that has been married for eight years and has two loving children. We were fortunate enough to talk to Dennis Powers about his success and pick his brain to find ways that we can all become more successful.
Why did you choose to pursue a career in this field?
I knew from a very young age that I wanted to help people improve their lives. The one skill that I had developed since I was a child was financial management. I was very good at numbers and was able to apply this skill to the financial industry. My father was a banker and had taught me many valuable lessons when it comes to financing. Fortunately, I was in good hands whenever it came to developing myself as a financial lender.
I saw many people get mistreated by banks when they needed financial assistance. It absolutely disgusted me at how they were belittled whenever they needed help or were late on their payments. I wanted to make a difference in the lives of people that needed help. I would focus on developing myself as a more presentable person that could walk with people as they overcome their financial obstacles. I feel as if I have accomplished this so far.
How does your role positively impact others?
As mentioned previously, I am able to make a positive impact in people’s lives by providing them with financial services. I always make sure to reach out to my clients from an altruistic approach to ensure that they get the highest quality of financial services. I want to make people feel comfortable to approach us whenever they need to get a loan. Fortunately, we have built such an incredible community here in our business. We have plenty of repeat customers who know us by name and always come back for help. I am always happy to talk through financial problems with people and even give them advice that can change their lives. This is how we are making a difference in people’s lives every single day.
What are your hobbies?
I absolutely love model trains. I grew up playing with trains ever since I was very young. My father had a train set that we would play with regularly. It was a very engaging activity to be able to maintain and build upon that train playset. I have been able to expand upon the playset that I had as a child and get some new models of my own. I have gotten my kids into model trains and they absolutely love it.
Could you briefly expound on what your business does?
We provide people with various financial services here at PersonalLoanGuarantee. Our customers can always find alternative funding solutions for their financial needs. Most people are financially approved when they choose to work with us. We focus on providing loans to people that need them and have different options depending on your needs. We have to ensure that our clients are eighteen years or older before they choose to apply for a loan. Fixed income is acceptable and credit rating approvals are negotiable.
Are there any other business-related ventures that you’re working on that we can look forward to?
We are looking forward to opening new branches around our city. We have dozens of fantastic ideas that we want to provide for our community. However, we are slowly working towards getting these branches open in a timely manner. It has taken us many years to get to this point. However, it has been absolutely worth the effort.
What would you advise readers and aspiring entrepreneurs looking to start a business?
I have plenty of things to say to new entrepreneurs who want to take their livelihood into their own hands. The most important thing that an entrepreneur can do is to remain persistent. There will be times that you feel like what you are doing doesn’t matter. There may be times when you want to quit what you are doing and work a normal job just like everyone else. However, you have to remember that you started this journey for a reason. Quitting would be a major disservice to your abilities.
You have to remember that it takes many years in order to get your business where you want it to be. There will be many sleepless nights where you will end up sacrificing your personal needs for your business. However, everything will come together if you continue working towards your goal. Rome was not built in a day and neither was my business. It took years of hard work and sacrifice in order to make it work. All entrepreneurs must remain persistent if they wish to accomplish anything in this life.