Why do most businesses fail? Generally, they run out of cash and in the extreme case their debt gets so large they can no longer service it, so they are forced out of business. In this episode, I cover from my personal experience the benefits of running a debt-free business and some tips and tools on how you can get there.
Topics Discussed (Time Stamped)
00:49 Today’s episode is about running a debt-free business and tips how to get there 02:19 Cool Tech of the Week: Dialpad 04:25 The benefits of running debt-free business and why you would want to 05:40 Arguments about leveraging debts 08:50 Personal experience on financial failure 14:10 3 Principles from the bible to apply on your business 15:45 Benefits of being debt-free 27:51 Negative thing of being debt-free 29:51 Tools that can help in managing a debt-free business