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Post on Medial

Sairaj Kadam

Stealth • 3m

I recently posted about debt financing and got some interesting responses. I want to dig a bit deeper into this topic. For those new to startups or even those with some experience, how do you feel about using debt financing? Robert Kiyosaki, from "Rich Dad Poor Dad," is often cited in discussions about debt. There’s a claim that he once mentioned being $1.2 billion in debt, though it's important to verify such details. The question is, would you consider taking on significant debt to grow your business? Many would say such large loans are too risky. So, should we explore ways to manage these risks, or avoid high debt altogether? I’m curious to hear your thoughts on this!

3 replies12 likes

Replies (3)

Anonymous 1

Stealth • 3m

Rich Dad Poor Dad doesn't apply to the Indian economic situation it seems. But yes there can be some tips taken from it.

2 replies

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