Podcasts Other New Class Rising with Hector J. Mises 114: Why You Shouldn't Use Any Personal Credit for Your Business if You Want to Keep Your Shirt, with Ty Crandall

114: Why You Shouldn't Use Any Personal Credit for Your Business if You Want to Keep Your Shirt, with Ty Crandall

Published: Jan. 11, 2016, 11:30 a.m.

[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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