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Should You Take a LOAN? (Barbara Corcoran #AND Mark Cuban)


Loans

Marcy, the most important thing is that you start your own business.

And that you do it as quickly as possible

You want to do it before you have obligations

You want to do it before you think of children

You want to do it before you have a mortgage

The most important decision is not how you do it, but that you do it.

And do it right away

As soon as you start to think about it, the chance that you are going to do it will be drastically reduced

A minute!

So you have to think, what does it matter if I have a loan from a bank?

Let me tell you something

Very few people can start a business without borrowing money from a bank

And it’s like holding a weapon against your own head

You owe money? You’re going to run like crazy, it really works!

Pressure is a good thing in life and that is only part of the pressure.

And it makes you discover yourself, the possibilities that you did not know you had

When you stand with your back against the wall

I fully believe in full, as full as possible with as much pressure as possible

Because with most people who want to be entrepreneurs, pressure brings out the best with them.

Go out and do it! And later on, you get busy with the details.

Many people think “It is difficult to get a loan from a bank now, if you have a small business or an idea

How do you get the money to start your business?

First, if you start a business with a loan, then you are an idiot.

Because there are so many uncertainties in starting a business

But the only certainty you need to have is to repay your loan

And the bank does not care about your company or about whom you lend it

It is a conflict

So how does a small company start?

99% of small businesses can start with almost no money

It’s more about the trouble

Most small businesses do not fail due to insufficient capital

The failure by missing brain they fail through no trouble

Most people do not want to spend their time in smart work

In most cases they go for it

But they do not see much work that really comes with it

If you do the preparation

If you start a business you need to know your industry and your company better than anyone else

Because you are competing

And if you think that the person you are competing with just lets you in and let them take away your business

That is naive and most people do not recognize it

If you are going to compete with me and with one of my companies then you have to be aware that I work 24 hours a day

To get you down

My intention with this video is understanding

Do not fight

I want you to see that it is not about 1 vision

You can learn from both

Especially with the person you do NOT agree with

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