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Investing in your business is investing in yourself. A business can contribute to your retirement as an asset you could either sell or create an income for years to come.
Our guest, Ty Crandall, believes you can finance a business without putting our own money or assets at risk. He points out some alternative lending ideas for raising capital or borrowing business credit. Crowdfunding and angel investors are the most attractive options, but are more difficult to obtain. It is easier to use assets to obtain the credit to borrow money without the need for a personal guarantee (in many cases).
The round table discusses their experiences and thoughts about borrowing to build a business and where it seems appropriate or too risky.
You can find more about Ty Crandall on Twitter or at his website www.CreditSuite.com/ein
- Miranda Marquit | Planting Money Seeds
- Doug Goldstein | Rich as a King
- Linda P. Jones | Be Wealthy and Smart
- Joe Saul-Sehy | Stacking Benjamins
For a quick bio of each of our show participants, head on over to our panelists page.
Send us your questions for a future Listener Letters episode