Daniel Mackle is the owner of Silver Edge Financial and the manager of the Silver Edge pre-IPO Fund and the Silver Edge Venture Fund. He graduated from Manhattanville College in 1982 and began working in the financial sector. He is now building a consumer debt consolidation business with a focus on credit card debt. Outside of work, he is a martial artist and likes to go fishing.
The owner of Silver Edge Financial, a business that caters to high-net-worth investors, and the manager of the Silver Edge pre-IPO Fund and the Silver Edge Venture Fund is seasoned investor and financier Daniel Mackle.
When Daniel Mackle graduated from Manhattanville College in Harrison, New York, in 1982, he began working in the financial sector. Prior to accomplishing his ultimate goal of being a prosperous serial entrepreneur, he had a variety of roles during his protracted career at many financial institutions. In addition to Silver Edge Financial, his main business endeavor, Daniel is now building a consumer debt consolidation business with a focus on credit card debt. He thinks that this new venture has enormous potential for both financial success and, more importantly, for easing the financial struggles of many regular Americans.
Outside of work, Daniel Mackle is a dedicated martial artist. He has been learning and practicing this old art for many years and is almost a black belt. Along with traveling throughout the nation with his wife and five kids, Daniel also likes to go fishing.
What do you now do at Silver Edge Financial? How are you getting ready to launch your debt consolidation company?
Although I oversee Silver Edge Financial’s daily operations and make corporate decisions the bulk of the time, I am also working on creating a new consumer debt relief business. My attention is mostly on it these days in many ways.
In order to help those who are battling with credit card debt, my team and I are building marketing platforms through numerous media, such Google AdWords and Facebook. Many companies were forced to shut down because to the epidemic, which significantly harmed many people’s health and economies. As a result, many people, especially small company owners and employees, had difficulty making their credit card payments. This regrettable result is still present today. A record amount of debt is owed on credit cards. If a person only pays the minimum debt due each month, it will take them 18 years to pay off an average credit card under the existing system.
However, I see a chance to help people pay back the debts they accrued as a result of the lockdowns. These payments may be consolidated using the tools we’ve developed, dramatically lowering consumers’ credit card debt. Depending on their circumstances and monthly payments, people may usually pay off their cards using our programs in two to four years. It’s exciting to say that we are now developing a marketing plan for the new business.
What inspired someone to launch a debt consolidation company?
I’ve worked in the financial sector for a long time. The prospect in debt consolidation appeals to me. A sizable market has been produced as a result of the present credit card debt situation. There is a real chance to help a lot of people given the current state of American debt.
What distinguishes your company strategy?
My strategy for doing business is simple: I pinpoint an issue and provide a fix. I think about how to be productive, especially in the setting of a new firm, and I come to the conclusion that time management is the most important factor in productivity. It’s simple to get distracted by the details of day-to-day operations or the countless little issues that always crop up when starting a new firm, but the true difficulty is to concentrate on fortifying the business and keeping your eyes on the prize.
What is the long-term goal of your debt consolidation business?
First and foremost, I want to help as many people as I can who are having debt issues. In the long run, I want the business to be well-known and a key player in its sector. I want to build a brand that people will know and fully trust.
How is success assessed?
In my opinion, success is striking a balance between material prosperity on the one hand and pride in one’s profession and serving as many people as possible on the other. I think that any businessperson’s success criteria should take enhancing the lives of others into consideration. Of course we all want to be wealthy, but it takes a mix of these factors.
What do you think you’ve learnt over your work that you think is most crucial?
In this unstable corporate climate, we must all be flexible and adaptable. This makes it crucial to keep up with changes in the corporate environment and the larger economy. Or, for that matter, world changes. Certainly, geopolitics may have an impact on business.
What suggestions do you have for those who want to work in the debt consolidation industry?
You shouldn’t get into this industry only for the money, in my opinion. It is not acceptable to set personal prosperity as the goal. You must value your work and genuinely want to help people. You may assist those who are striving to discover a better route in life. This business exists to offer desperately needed relief. I don’t think you’ll ever succeed in debt consolidation if all you care about is generating money for yourself.
How do you maintain a balanced work-life schedule?
Your time is the best gift you can give someone. I understand that I need to set aside everyday time to spend with my children since I have so many of them. It’s now nighttime, after I get home from work. I make every effort to avoid blurring the lines between this time and my wife and kids by attending to work-related issues. My family has always received my undivided attention. Therefore, you might say that I use a wholistic strategy for upholding a positive work-life balance.
What modern tool makes your life the most convenient?
For me, the idea of digital marketing is still relatively new. Finding out how extensive its powers are has been very exciting. Before recently, I was unaware of the fact that internet marketing gives you a lot greater opportunity to connect with individuals who are really interested in your product than traditional marketing ever could. Numerous software programs, websites, and other digital resources help me promote my new company.
Who has been a role model for you, and why?
My greatest role models are my parents. They both came to the country as immigrants. They have both worked tremendously hard their whole lives, yet I don’t think one of them has a high school diploma. Their four children are all bachelor’s degree holders. Since they placed a strong importance on education, they made sure that the four of us worked hard in school and received our degrees starting at an early age.
Which advice has stuck with you throughout the years?
I once read a quote by one of my favorite authors that said, “The most valuable lessons are learned through suffering.” This is, in my opinion, a beautiful way of saying that individuals who never encounter challenges or encounter failures deprive themselves of the chance to grow and advance.
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