My interactions often involve fascinating firsts. A few weeks ago, I met a woman who told me she didn’t have a line of credit for her business because she was afraid that if she did, she would use it for frivolous things.
My advice to her is to get the line of credit, lock up the checkbook, and give the key to someone you trust.
These days, I have countless conversations with entrepreneurs who are suddenly needing their line of credit for the first time in years.
Don’t let yourself get caught by surprise.
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