Your first risk money should come from you not a Loan #shorts #enterpreneur #money

If they come in and say, you know what, I won't be able to put 25 grand to the business, I will usually tell them that it's not the right time yet. Build up initial cash reserve. That's your first risk money in. The phrase we have is keep it all and keep it small. Some people want to go sell it or get partners or this kind of stuff. And I usually hedge against that, right? When you're in the learning and building and aspiring entrepreneur stage, you need to focus down on only the things that create the revenue and the activities you should be doing. And one of them isn't trying to find money per se, or trying to get a business partner. I would encourage people to have the initial capital required to jumpstart the business so that if they are moving and going, then they could pull down from their policy knowing if they pull from the policy, the business can now service it. But the jumpstart should be out of cash. It should. It's your first risk money in.