Entrepreneurย โขย 10m
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. Thereโs 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? Iโm curious to hear your thoughts on this!
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The Institute of Chartered Accountants of Indiaย โขย 1y
Have you read the book "Rich Dad, Poor Dad" written by "Robert Kiyosaki" . he is a genius. He admitted to having more than $1.2 billion in debt ๐คฏ. you might have watched his yt Shorts claiming that. He views this debt as a strategic move and a par
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what does Burn rate mean in startup ecosystem? It is the rate at which the startup is using its raised capital to fund its overheads before generating any positive cash flow/sales. what does Debt Financing mean? A company can raise funds by issue
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why indian Startups are opting for Debt financing? 1. Preserving equity: Debt financing allows startups to raise capital without diluting their equity and ownership. This is important for founders who want to maintain control of their company. 2
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Understanding Debt Financing: A Crucial Funding Option Hey everyone! Today, letโs dive into debt financing, a vital funding method for startups. Unlike equity funding, where you give up ownership, debt financing involves borrowing money that youโll
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Business Tips #12 Top 3 Books Every Business Owner Should Read ๐ Want to level up in business? Read these 3 game-changing books: 1๏ธโฃ The Lean Startup โ Eric Ries ๐ โ Learn how to start small, test ideas, and grow fast. 2๏ธโฃ Rich Dad Poor Dad โ Rober
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