MBA777 Q&A Weekends: My business is not doing well. Should I take out a personal loan? [REBROADCAST]

The $100 MBA Show

Omar Zenhom

Marketing, Entrepreneurship, Careers, Business

4.9 • 1.2K Ratings

🗓️ 15 October 2016

⏱️ 13 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Today's Q&A Weekend episode is a particularly serious one. That's why we decided to bring it out of the archives and rebroadcast it for the benefit of all our listeners. A while back, one audience member asked if it was a good idea to take out a personal loan in order to save a business. That's a pretty tough conundrum, and we had a very strong, very direct response to it that's worth hearing again. Click play!

Transcript

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0:00.0	Today's episode of the $100 MBA show is supported by The Art of Charm.
0:04.1	The Art of Charm is one of the top podcasts in all of iTunes and it's for good reason.
0:08.8	The host of The Art of Charm, Jordan Harbinger,
0:11.3	interviews the best experts in the world in their area of
0:14.7	expertise. Be a better negotiator, build better relationships in life and business,
0:19.8	increase your self-awareness, understand what makes you tick as well as others.
0:24.5	Jordan's no rookie either. He's been doing the Art of Charm podcast for over 10 years now and has
0:29.4	interviewed the likes of Larry King, Tim Ferris, Gary Vanerchuk, Seth Godin, and a whole lot more.
0:35.0	Subscribe to The Art of Charm right now on iTunes, Stitcher, or whatever podcast app you use.
0:41.0	Hit subscribe and thank me later.
0:43.0	Today's episode on the 100 on MBA show is one of our most popular
0:47.8	Q&A question. It's all about should I get alone. This episode first
0:51.8	broadcasted a little over a year ago and as you know
0:54.7	iTunes or any other app only shows the last 300 episodes so we wanted to make sure that
0:58.4	you heard this lesson. You got a lot of buzz because I'm very passionate when it comes to this topic.
1:05.1	I am very opinionated when it comes to this topic.
1:07.8	The question is, my business is struggling.
1:10.3	It's not doing well.
1:11.7	Should I get a loan? My answer is very clear and to the point in today's episode.
1:17.0	I want you to hear it because I know you may be in this position or maybe in the future. Financial stress is no joke. That's why we tackle it
1:25.3	head-on in today's lesson. I'll be back tomorrow in a new Q&A weekend
1:29.6	episode. Enjoy this one and I'll see you tomorrow. Heyo! Welcome to the $100 VA show!
	...

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