44. Top 5 Lessons learnt from having high business debt
Today I want to share with you the top lessons I personally learnt from having high business debt.
In fact at times I felt like I was drowning in debt and didn't know if I was going to be able to start swimming or would sink.
So here are my top Lessons learnt, which one do you resonate with?
1. Even when you feel all is lost there is another solution
2. Have a good relationship with your bank
3. Ask for professional help from an advisor to get a different perspective on your situation
4. Focus on money making activities to grow your business
5. Have a very tight control on your expenses, don't let non essential expenses creep in.
Although this was probably one of the most stressful times in my life, the lessons I learnt and personal growth I had has been one of my greatest gifts.
If you need help with your business, please reach out, I would love to hear from you.
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