114: Why You Shouldn't Use Any Personal Credit for Your Business if You Want to Keep Your Shirt, with Ty Crandall
Manage episode 156947100 series 1204954
[TweetThis] Some the most successful businesses in the world are masters at borrowing OPM - Other People's Money. Are you? @TyCrandall #NewClassRising
Did you know that some of the most successful business in the world are excellent in borrowing OPM - Other People’s Money?Did you know that of the thousands of inventory products that Wal-Mart, one of the top retailers in the world, has in stock, 80% of those products were paid for by Wal-Mart with borrowed money that enabled Wal-Mart to grow and scale it’s business to the titan it is today? I didn’t either! But, today’s guest on the show shares why, if you do it responsibly, borrowing money could be one of the best things you can do to grow and scale your business.
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