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New Episode with Kenny Baroff #thestruggle #business #businessgrowth
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It's a fallacy for people to think that
I'm going to go grow my business by
borrowing money. Absolutely not. And
building a business, helping people is
is really the niche that I've created
for myself. The best advice is first of
all, family is very difficult for
partnerships. When you feel that and
you're obviously your bank account,
you're bouncing checks, you're not able
to pick up the phone because you feel
guilty that you're not paying your
vendors. Um it's a hard reality. You're
struggling. You know, you talk about the
struggle. Of course, this is the biggest
struggle.
>> It's a huge business today. The cash
advance.
>> People are desperate. You know, when you
start getting desperate, that's when the
red flag has to come up. How are we
going to get there? How are we going to
get out of debt? Um sometimes bankruptcy
is the answer.
>> Now, what's your opinion about taxi
customers? They want to pay for a Chevy
and drive a Cadillac.
>> Until you fail, sometimes it's hard to
succeed in life. Period.