Updated over 4 years ago on . Most recent reply
When to take on debt to expand vs bootstrapping to get there
Hey everyone! Sorry if this is a stupid question and the answer is as simple as “it makes sense if the return you can get from the debt exceeds the interest rate on the debt.” I still wanted to get your view on it as someone who has always believed the only way to be successful in business is by bootstrapping to the top and if one takes on debt too early it’s a recipe for disaster, but lately I am expanding my business and starting to see where it really might make sense. Appreciate any and all advice!