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Your Fitness Money Coach Podcast

Sep 1, 2020

In this episode called 2 Financial Myths That Can Put You Out Of Business, Billy discusses 2 common but potentially destructive myths when it comes to business finance and debt.

  • Billy shares Lessons From The Mentors
  • Pay attention to the paradigms you have
  • 71% of business owners who use credit cards carry a balance
  • Know yourself
  • You don’t need to borrow money to grow your business
  • “We delight in the beauty of the butterfly, but rarely admit the changes it has gone through to achieve that beauty.” – Maya Angelou
  • Risk is often ignored when taking risks
  • Brent Gallagher pays cash for bigger purchases
  • Get creative when doing financial planning
  • Plan based on the slower months
  • Build your reserves

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