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Securing Funds in Difficult Times
I’ve always believed that Cash is King.
It is easy to get cash if you have good credit. That doesn’t mean you can’t get cash if you don’t have good credit, it’s just easier if you do.
People give you cash when you have cash, but not when you need it. Same with credit — they will give you credit when you have credit, but run away from you when you don’t.
My experience is that the best time to get it is when you DON’T need it!
The best time to get it is when you have the time to plan it.
As you continue to plan or grow your business, think about the best time to bring in the cash or line of credit.
If you don’t need it today, still go get it today, and then think about what you could do with that money.
If you had extra cash today, one thing you could do is to think about the new network you are opening up for yourself, and the new opportunities you can create by introducing your business to other people.
The person who might give you a loan may open a door to a new partnership, a new collaboration effort, or a new event that could introduce you to even more opportunities.
They also might have different ideas or thoughts that could guide or support you in your business.
