#381: Debt Is Never the Answer with Dave Ramsey

EntreLeadership

Ramsey Network

Management, Entrepreneurship, Business

4.7 • 4.4K Ratings

🗓️ 29 June 2020

⏱️ 54 minutes

🔗️ Recording | iTunes | RSS

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Summary

While many people stubbornly subscribe to the you-have-to-borrow-money-to-make-money philosophy, Dave Ramsey knows that idea is just a bold-faced lie. And he learned it the hard way. Forced to file bankruptcy in his twenties, Dave started over from scratch and has since built a multimillion-dollar business the only way he knows how: at the speed of cash. That’s right, over 25 years later and now with a team of nearly 1,000 people, Dave is—and has resolved to remain—debt-free. Tune in to hear Dave explain why debt is never the answer, no matter how tempting an opportunity may be—or how dire the circumstances (we’re looking at you, COVID-19). entreleadership.com/podcast Dave Ramsey's website EntreLeadership by Dave Ramsey EntreLeadership's coaching programs The Infinite Game by Simon Sinek Ask Dave Ramsey and Daniel Tardy your question on The Dave Ramsey Show: Email The Dave Ramsey Show Put "Small Business" in the subject line Include your phone number and question in the body of the email 6 Financial Reports That Can Save Your Company Review this episode for a chance to win a $25 Amazon gift card As an Amazon Associate EntreLeadership earns from qualifying purchases. Want expert help with your business question? Call 844-944-1070 and leave a message or send an email to podcast@entreleadership.com. You could be featured on a future podcast episode! Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Hey guys, what do you think about the new caller driven
0:02.7	Entry Podcast?
0:03.8	What do you think about this terrible host?
0:05.4	Hey, let us know by clicking on the show notes
0:07.7	or texting survey to 33, 789.
0:11.0	It only takes a few minutes,
0:12.0	plus we will enter you for a chance to win
0:15.2	a hundred dollar gift card,
0:16.3	just for filling it out.
0:17.2	Text survey to 33, 789.
0:25.2	You've probably heard that you need to borrow money
0:27.9	to make money.
0:28.7	The debt is necessary if you're gonna grow your business
0:31.2	and that every great business understands
0:33.4	that debt is just leverage, but you've been lied to.
0:37.7	From the Ramsey Network,
0:38.8	this is the Entry Leadership Podcast
0:40.6	where we help business leaders grow themselves,
0:43.0	their teams and their profits.
0:45.1	I'm your host Alex Judd,
0:46.3	and today we have the founder and CEO
0:48.6	of our business, Dave Ramsey,
	...

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