Funding the business yourself gives you complete control over how you run your business.
Taking out a loan requires careful consideration of financial obligations and interest rates.
Bringing on equity investors means giving up some control and being accountable to them.
| **Timestamp** | **Summary** | | ------------- | ----------- | | 0:00:01 | Introduction to the podcast episode | | 0:01:28 | Funding the business yourself | | 0:02:40 | Taking out a loan | | 0:05:03 | Bringing on equity investors | | 0:06:05 | Considerations when bringing on investors | | 0:07:08 | Minimizing the need for cash in the beginning | | 0:08:39 | How to contact the speaker for more information | | 0:09:12 | Conclusion and closing remarks |
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Phillip Washington, Jr. is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and, unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance.
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