How To Start Your Own Bank Using American Express Business Credit Cards?

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How To Start Your Own Bank Using Business Credit Cards?
In This Video, I'll show you, how to start your own bank using business credit cards.
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Can you create your own bank?
If so, provided that you have enough money, a good business plan and the patience to make it through the regulatory process, you could actually start your own bank. ... "The U.S. is the only industrialized nation in the world where a group of citizens can start a bank," explains Edward J.
How to Form a Corporation
Choose a Business Name. ...
Check Availability of Name. ...
Register a DBA Name. ...
Appoint Directors. ...
File Your Articles of Incorporation. ...
Write Your Corporate Bylaws. ...
Draft a Shareholders' Agreement. ...
Hold Initial Board of Directors Meeting.
Get documents you need to open a business bank account
Employer Identification Number (EIN) (or a Social Security number, if you're a sole proprietorship)
Your business's formation documents.
Ownership agreements.
Business license.
Key Moments In This Episode
00:28 HOW TO START YOUR OWN BANK WITH BUSINESS CREDIT CARDS
02:02 SETUP YOUR CORPORATION
03:20 OPEN BUSINESS BANK ACCOUNT
04:15 MAKE WEEKLY DEPOSITS
07:11 0% INTEREST CREDIT CARDS
07:29 TRANSFER CREDIT CARD BALANCE TO BUSINESS BANK ACCOUNT
What To Watch Next
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PLAYLIST
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DISCLAIMER:
The content of this TH-vision channel is provided for informational purposes only and is not intended to constitute legal advice or financial advice. You should not rely upon any information contained on this TH-vision channel for financial advice. Viewing this TH-vision channel is not intended to and shall not create an client relationship between you and Houston Mcmiller or Business Credit America, Inc, or any of our associated websites. Messages or other forms of communication that you transmit to this TH-vision channel will not create an client relationship and thus information contained in such communications may not be protected as privileged. Neither Houston Mcmiller nor Business Credit America, Inc, or any of our associated websites makes any representation, warranty, or guarantee about the accuracy of the information contained in this TH-vision channel or in links to other TH-vision channels or websites. This TH-vision channel is provided "as is," does not represent that any outcome or result from viewing of this channel. Your use viewing of this TH-vision channel is at your own risk. You enjoy this TH-vision channel and its contents only for personal, non-commercial purposes. Neither Houston Mcmiller, Business Credit America, Inc, or any of our associated websites, nor anyone acting on their behalf, will be liable under any circumstances for damages of any kind.
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*QUICK DISCLAIMER: I AM NOT A TAX EXPERT. I AM A RANDOM GUY ON TH-vision MAKING VIDEOS IN A SPARE BEDROOM. DON’T LISTEN TO ME. CONSULT A QUALIFIED PROFESSIONAL FOR ANY TAX ADVICE.*
#businesscreditcards #businessowners #businessloans

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  • Schedule A Consultation 👉 houstonmcmiller.net/consultation

    Houston McmillerHouston Mcmiller17 วันที่ผ่านมา
  • This just open my mind. Wow. Thanks

    Donnie GDonnie G22 วันที่ผ่านมา
    • Glad it was helpful!

      Houston McmillerHouston Mcmiller22 วันที่ผ่านมา
  • A/E offers different business cards, you never mentioned which card you suggest as a start up business thank you

    Frances EverettFrances Everett26 วันที่ผ่านมา
    • build a relationship with them first. th-vision.net/detail/%E0%B8%A7%E0%B8%B5%E0%B8%94%E0%B8%B5%E0%B9%82%E0%B8%AD-A2NbvOAFe7Q.html

      Houston McmillerHouston Mcmiller25 วันที่ผ่านมา
  • Do you need a business license or sale certificate to have a online store?? Thank you

    Frances EverettFrances Everett26 วันที่ผ่านมา
    • @Houston Mcmiller did you see my msg on me paying for that already I left it

      Frances EverettFrances Everett23 วันที่ผ่านมา
    • No but you should, Especially, if you want to be taken seriously as a business owner. Here's the link for the 1 on 1 consultations- buildinternetwealth.com/businesssurvey

      Houston McmillerHouston Mcmiller25 วันที่ผ่านมา
  • Great info........

    Carlton Mc GeeCarlton Mc Gee27 วันที่ผ่านมา
    • Glad it was helpful!

      Houston McmillerHouston Mcmiller26 วันที่ผ่านมา
  • What part of any of this is becoming a bank?

    J SmithJ Smithหลายเดือนก่อน
    • you using 0% interest credit cards to do your investing sir

      Houston McmillerHouston Mcmillerหลายเดือนก่อน
  • What would the max be when you say that to rep?

    Ivan TenorioIvan Tenorioหลายเดือนก่อน
    • @Houston Mcmiller so If you just "give me the max" they how to handle it from their?

      Ivan TenorioIvan Tenorioหลายเดือนก่อน
    • I don't know sir that's their decision.

      Houston McmillerHouston Mcmillerหลายเดือนก่อน
  • Power house. Applied knowledge 👍 My FAVORITE channel!!! Thanks Houston 😁

    Leon HardinLeon Hardinหลายเดือนก่อน
    • I appreciate that!

      Houston McmillerHouston Mcmillerหลายเดือนก่อน
  • I Felt I was broke and helpless until a friend told me about a hacker on Instagram named @xtreamspy instagram.com/xteamspy._?igshid=chndkbf96i4u,I took the risk and tried working with him and put in my last $1000 and i couldn’t believe I got $10,000 in return and I was still able to reinvest the profit ,he’s a pro hacker 🤞

    James MarvinJames Marvinหลายเดือนก่อน
  • Nice

    James MarvinJames Marvinหลายเดือนก่อน
    • Thanks

      Houston McmillerHouston Mcmillerหลายเดือนก่อน
  • Bismillah- Whoa, outstanding info my brother! "... always as for the max." LOL. No problem. I this real estate book several years ago. It stated," the person who mentions numbers first loses." Happy Thanksgiving!

    abdulazi1abdulazi1หลายเดือนก่อน
    • Well said!

      Houston McmillerHouston Mcmillerหลายเดือนก่อน
  • Great information as always thanks bro.

    clarence davenportclarence davenportหลายเดือนก่อน
    • No problem 👍

      Houston McmillerHouston Mcmillerหลายเดือนก่อน
  • Thank you

    Archie PennohArchie Pennohหลายเดือนก่อน
    • You're welcome

      Houston McmillerHouston Mcmillerหลายเดือนก่อน
  • Thanks 😊 for info

    A Better WorldA Better Worldหลายเดือนก่อน
    • Welcome 😊

      Houston McmillerHouston Mcmillerหลายเดือนก่อน
  • My Mentor @Houston McMiller is the TRUTH ‼️

    David MunnDavid Munnหลายเดือนก่อน
    • Thank you David.

      Houston McmillerHouston Mcmillerหลายเดือนก่อน
  • Please Subscribe To Channel For More Video Tips- th-vision.net/nameof-HoustonMcmillerOfficial

    Houston McmillerHouston Mcmillerหลายเดือนก่อน
How To Start Your Own Bank Using American Express Business Credit Cards?