{"id":404,"date":"2013-06-27T17:02:16","date_gmt":"2013-06-28T00:02:16","guid":{"rendered":"http:\/\/chrismiles.wphelp.ninja\/2013\/06\/27\/should-you-get-a-business-loan\/"},"modified":"2017-04-21T12:50:20","modified_gmt":"2017-04-21T19:50:20","slug":"should-you-get-a-business-loan","status":"publish","type":"post","link":"https:\/\/moneyripples.com\/money-ripples-st\/?p=404","title":{"rendered":"Should You Get a Business Loan?"},"content":{"rendered":"<p>Often, when working with my clients, they&#8217;ll ask me, &#8220;Chris, should I get a business loan?&#8221;<\/p>\n<p>My answer is typically the same &#8211; &#8220;That depends on what kind of business owner YOU are.&#8221;<\/p>\n<p>Dallas Mavericks owner and Shark Tank star, Mark Cuban, offers some pretty bold advice on this subject.<\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"text-decoration: underline;\"><span style=\"font-size: 24pt;\"><a target=\"_blank\" title=\"Mark Cuban - Morons Start Biz with a Loan\" href=\"http:\/\/www.businessweek.com\/videos\/2013-06-14\/cuban-moron-if-you-start-business-with-a-loan\" rel=\"noopener\">Watch Here!<\/a><\/span><\/span><\/p>\n<p>&nbsp;<\/p>\n<p>What are your thoughts on this? I have a hard time making blanket statements, like Cuban, but he makes a great point&#8230;.<\/p>\n<p><span style=\"font-size: 10pt;\"><em><strong>If you NEED a business loan to make it successful, could you be making a mistake?<\/strong><\/em><\/span><\/p>\n<p><em><strong><\/strong><\/em>Loans aren&#8217;t good or bad here. It&#8217;s about whether you are a good or bad business owner. Will more money <em>REALLY<\/em> solve your problems?<\/p>\n<p>Do you only want the money so you can pay yourself&#8230;and then the business will be starving for more?<\/p>\n<p>Have you been successful using a smaller amount of money in your business, or do you just &#8220;believe&#8221; it&#8217;s going to work out? <strong><em>If you&#8217;re not willing to invest your own money into YOUR business, why should anyone else?<\/em><\/strong><\/p>\n<p><strong><span style=\"font-size: 10pt;\">Only get a loan if you KNOW that you can make more than what the loan provides. Otherwise, it&#8217;s a bad idea.<\/span><\/strong><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-size: 12pt;\">What do you think about this?<br \/><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Often, when working with my clients, they&#8217;ll ask me, &#8220;Chris, should I get a business loan?&#8221; My answer is typically the same &#8211; &#8220;That depends on what kind of business owner YOU are.&#8221; Dallas Mavericks owner and Shark Tank star, Mark Cuban, offers some pretty bold advice on this subject. &nbsp; Watch Here! &nbsp; What <a href=\"https:\/\/moneyripples.com\/money-ripples-st\/?p=404\" class=\"more-link\">&#8230;<span class=\"screen-reader-text\">  Should You Get a Business Loan?<\/span><\/a><\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[8],"tags":[],"class_list":["post-404","post","type-post","status-publish","format-standard","hentry","category-blog-and-podcasts"],"acf":[],"rttpg_featured_image_url":null,"rttpg_author":{"display_name":"Chris Miles","author_link":"https:\/\/moneyripples.com\/money-ripples-st\/author\/chris"},"rttpg_comment":0,"rttpg_category":"<a href=\"https:\/\/moneyripples.com\/money-ripples-st\/?cat=8\" rel=\"category\">Blog and Podcasts<\/a>","rttpg_excerpt":"Often, when working with my clients, they&#8217;ll ask me, &#8220;Chris, should I get a business loan?&#8221; My answer is typically the same &#8211; &#8220;That depends on what kind of business owner YOU are.&#8221; Dallas Mavericks owner and Shark Tank star, Mark Cuban, offers some pretty bold advice on this subject. &nbsp; Watch Here! &nbsp; What&hellip;","_links":{"self":[{"href":"https:\/\/moneyripples.com\/money-ripples-st\/index.php?rest_route=\/wp\/v2\/posts\/404","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/moneyripples.com\/money-ripples-st\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/moneyripples.com\/money-ripples-st\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/moneyripples.com\/money-ripples-st\/index.php?rest_route=\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/moneyripples.com\/money-ripples-st\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=404"}],"version-history":[{"count":1,"href":"https:\/\/moneyripples.com\/money-ripples-st\/index.php?rest_route=\/wp\/v2\/posts\/404\/revisions"}],"predecessor-version":[{"id":564,"href":"https:\/\/moneyripples.com\/money-ripples-st\/index.php?rest_route=\/wp\/v2\/posts\/404\/revisions\/564"}],"wp:attachment":[{"href":"https:\/\/moneyripples.com\/money-ripples-st\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=404"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/moneyripples.com\/money-ripples-st\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=404"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/moneyripples.com\/money-ripples-st\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=404"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}