People see the wins, but they don’t know how close I came to losing everything - twice!
The first time was poor money management.
One bank account.
Money in, money out.
I had no system and Debt piled up without me even realizing it.
Implementing Profit First is what saved the business.
The second time was worse.
I over-bought inventory… $300,000 worth, thinking it would fly.
It didn’t!
Customers didn’t want it, quality wasn’t there, and I was stuck holding the bag.
I had to sell Bitcoin, stocks, anything I could, just to keep the credit cards from burying us.
At one point, debt was creeping toward half a million dollars.
But we clawed our way out - not with luck, but with discipline, profitability, and a real plan.
If you’re building something, here’s the truth:
Debt can wipe you out.
Short-term debt will crush you fast.
Long-term debt is survivable.
Know the difference!
Manage your money like your business depends on it - because it does!
The first time was poor money management.
One bank account.
Money in, money out.
I had no system and Debt piled up without me even realizing it.
Implementing Profit First is what saved the business.
The second time was worse.
I over-bought inventory… $300,000 worth, thinking it would fly.
It didn’t!
Customers didn’t want it, quality wasn’t there, and I was stuck holding the bag.
I had to sell Bitcoin, stocks, anything I could, just to keep the credit cards from burying us.
At one point, debt was creeping toward half a million dollars.
But we clawed our way out - not with luck, but with discipline, profitability, and a real plan.
If you’re building something, here’s the truth:
Debt can wipe you out.
Short-term debt will crush you fast.
Long-term debt is survivable.
Know the difference!
Manage your money like your business depends on it - because it does!
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