There is a saying in business: "You never go broke if you have cash."
There is another saying in business: "It takes money to make money."
There is the challenge clearly stated: You must have some cash to make more cash.
Most of our debt problems are not really problems with debt, but problems with the cash debt relationship.
There are many people who get cash, by acquiring debt, that really have no idea how to raise the cash to pay the debt back.
Therefore:
Everything starts with a plausible plan. (This is covered in my Creating a Professional Environment for Success Class)
Is your plan believable?
Your plan doesn't need to be fancy, or elaborate, or down to the penny.
Your plan must indicate how you will create value and turn that value into cash.
If you can demonstrate you know how to create value and turn that value into cash then you can probably raise the seed money to make it happen.
If you can create value and turn it into cash then appropriate debt becomes and asset, not a liability.
I know this will help you,
Rick
