We recently connected with Taylor Philmore and have shared our conversation below.

Taylor , looking forward to hearing all of your stories today. Before we talk about all of your success, let’s start with a story of failure. Can you open up about a time when you’ve failed?

One of my low points in my business career is when I realized that my shoe brand was good , but it wasn’t marketable in terms of the models and pictures I chose . The beginning hurdles of me understanding this is that people buy with their eyes first and I had to create a marketing strategy that made my brand more desirable . I was experiencing a “these look better in person “ syndrome and wanting to hone in on correcting this for the future . Now my brand looks good on pictures and in person. I switched up my models, photographer, and aesthetics .

Taylor , before we move on to more of these sorts of questions, can you take some time to bring our readers up to speed on you and what you do?

I am a serial entrepreneur that’s passionate about building generational wealth for my family. I wear many hats as I own a shoe, wing, taxes, nails and Airbnb business.

I brought myself here by knowing I never sat well with being told what to do and having a glass ceiling on how much I could be paid and off work. I decided it was best for me to create my own avenues where I had full control of my own narrative .

I have always been privy to fighting through obstacles as I am a first generation college student . I want to be the blueprint to show the rest of my family that following your dreams and aspirations will bring you endless joy as long as you have discipline. .

How did you put together the initial capital you needed to start your business?

I leveraged my credit cards . I always been keen to having a good credit score because that truly is what runs America. You can have a million dollar worth of cash sitting in the bank and it’ll be worthless if you have a 500 credit score .

The problem is that we were brought up to believe that debt is bad. That’s not true, there is good debt and there is bad debt. How you leverage your debt will determine if it’s good or bad . Make conscious decisions to elevate your business and have a plan on how everything is going to be paid back. You want to seek out credit cards that have a 0% introductory rate for the first 12 months. That gives you time to get your foot in the door without paying outrageous interest. Be sure to build a banking relationship with your bank as well so that you can go get an increase on your credit cards with less hassle .

Do you have any insights you can share related to maintaining high team morale?

People want to feel poured into . Almost every human loves reassurance . Even if it’s expected of them , remind them from time to time what an amazing job they are doing. Just as quick as you are to point out their wrongs , have that same energy to point out their rights . The world is a tough and scary environment at times . You want to create a safe space for people so that they feel valued . You don’t ever want the job to swallow them up .

Contact Info:

• Website: TheTaloreCollection.com
• Instagram: https://instagram.com/the.taylorphilmore?igshid=YmMyMTA2M2Y=