10K Collective e-Commerce Podcast

10K Collective e-Commerce Podcast


E-commerce Loans – To Debt or Not to Debt Part II of II

March 31, 2023

Borrowing money to sustain or expand your business is one of the most controversial business decisions we all have to make. To Debt Or Not To Debt, That Is The Question & In this 2-part episode we’ll explore the issue, share personal insights and lessons, and encourage you to dig deeper with recommendations and resources.
You’ll learn 

7 Things Smart Business Owners Do When It Comes To Debt & Borrowing
Tips on where to find effective funding in both the U.S. and U.K.
The 2 factors banks use to evaluate your credit worthiness
The #1 Skillset most top e-commerce sellers master and how it relates to debt
The levels of risk appetite
The riskiest financing moves you can make
Recommendations for those considering using debt to grow

Resources mentioned
Reid Hoffman Lecture At Stanford:

Entrepreneurship: A High-risk Investment
Facing Competition through Innovation
Live Life in Permanent Beta

E-commerce and Business Books mentioned 

Growing A Business, Paul Hawken