Should I Use Debt to Start or Grow My Business?
In this episode, Jon and Les bring the EntrePastors business consultant, Shane Odom, back to the podcast to discuss the topic of using debt to start or grow a business. For many Christians, and especially pastors, debt is often seen as a negative thing to avoid at all costs. And while this may often be very good advice when it comes to consumer debt on depreciating items, there are times when leveraging debt for income-producing assets is not always such a bad thing.
In this conversation you will hear the guys talk about how to know the difference between “good debt” and “bad debt.” For some, this conversation may serve as a warning to not get over-extended with unnecessary debt, while for others it may be an invitation to reconsider some of their previously held notions about the subject of debt.
Apply for the EntrePastor Mastermind
Are you trying to figure out where to even start with building a business or creating some side income for your family?
The best place to start is with your own passions and unique abilities.
Our FREE 5-Step Get Started Guide will walk you through the process of determining the best starting point for you AND includes 50+ business ideas.
Developed for pastors by pastors.
PLUS we’ll send you regular emails that will continue to guide your journey as an EntrePastor.
Just tell us where to send your resources:
We hate SPAM. We will never sell your information, for any reason.