In this video, Mark Cuban explains why you should never take a loan while starting a business ✔️✔️ – Full Clip: …
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In this video, Mark Cuban explains why you should never take a loan while starting a business ✔️✔️ – Full Clip: …
source
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29 comments
But he took out a loan to start his business… He really doesn’t want competition. If you have the capital then don’t take out the loan but if you need it you better have a plan and a course of action.
Shark Tank we loan you money give us your business!
How hilarious that people bought this. Every business needs at least some funds to start out. If you tell people you started with nothing but can afford to be in the red for months without losing your home then you didn’t start with nothing.
Yeah and who is gonna give us money to start our business 😂
Jet Set that need halfway houses under sobriety conditions ought not stay with local serial offenders.
Ok, the comment section confirmed my initial thought that this is poor advice.
Says the shark tank investor
TAKE A LOAN AND START A BUSINESS AND WIRK YOUR ASS OFF AND BE SUCCSEESFULL AND PROVE HIM WRONG
Hello greetings 👋 I'm an investor looking for a lucrative business project to fund or sponsor, either as loan or joint venture business partnership" as long as the project is capable of generating a minimum of 5% ROI per annum.
Kindly leave a response if interested" warm regards 🙏 Mohammed Abdul Kanoo
then why business loans exists.
Thinking about taking out a loan to buy a Ford 3500 to run hotshot can anyone offer any advice? 25 yrs old pretty much screwed my life up thinking life was a game as a teen. recently found out about credit little over a year n half
Good thing i have 100k under my pillow!! Yea. Idiots. Its literally a short cut!
Taking a loan for a small business i think its a good decision
True
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I'm confused coz at the end of the we need money to start. I have failed multiple times n i don't blame anyone coz I've learnt a lot. It could be a small amount but I hav no one who will help me when it comes to money or even if there is, they're trying to take advantage n that's nt gonna wrk. I knw my business is going to work n i knw I can pay it back. Bt the only option i have nw is to take a loan…. Any suggestion? Please
Im starting my first business wish me luck!!!
I like this to bump the algorithm because I WANT people to see the comments, not this fool.
Lack of brain lack of effort!
living what suckers do and it always ends with death
Commercial loan officer here- this is simply not true. If you are investing in your business to grow it, a loan is just that, an investment. Provided that your debt to income ratio is strong, and you’re not borrowing yourself into debt, a loan can often times help a business grow. Don’t let someone scare you of investing in what you believe in. Your banker is your best friend. Find someone you trust.
I mean unless you're starting a service business like cleaning up people's yards. I dk lol a internet business takes capital
I can’t believe he said that with a straight face
Such a stupid mentality, I thought he was smarter than that
Says small business should start without loan. Then says as a big business, I'm going to take you out of business….
How much bad advice can be given at one time?
Small businesses tend to fail because big business eats up their revenue.
Don't trust Rachel maddow
Its half right half wrong what he says.. many big companies today, their history they take a loan..
"You better realize that im working 24 hours a day to kick your a**"
Kind of a quote
He's saying that only to steal someone else business