OA # 111: Should I Borrow Business Money From A Relative?

Every entrepreneur in a tight financial spot has asked themselves this question at one time or another. Should I borrow business money from a relative?
Here’s Why You Should Listen To This Episode:
?  I reveal the circumstances that led me to borrow money from a relative
?  I share how unforeseen circumstances can lead to defaulting on a family loan and therefore a very prickly situation for everyone
?  I share the embarrassing story of how I ended up missing Thanksgiving dinner due to family debt.
?  As a result of this nightmare experience, I share two amazing gifts as an added bonus to joining Overstock Academy
?  I make 4 lifelong commitments to you—whether you decide to join Overstock Academy or not.
You see when you borrow money for the business from any source. Be it the bank, your relative, etc. You are basically hoping that everything will go according to the script.
 
The plan will work...everyone will play their part… every moving part will flow smoothly into the next one.
 
Here’s the thing no one tells you. 
It never actually goes according to plan!
 
So you at times have to go back to your lender and either ask for more time or more money.
 
Here’s the funny part, most of us think that it would be easier to do this with a relative.
 
They ought to understand right?
 
After all, they ARE family...Right?
 
Wrong!
 
When you listen to this episode, you may change your mind about that.
 
You'll hear how I went from avoiding Thanksgiving dinner because of a family debt
—To having consistent 4-figure daily sales
—Then 5-figure months…
—To paying my uncle back in full ????????
...(and vowing never to borrow from family ever again)
 
Click above to listen to this episode. 
 
Amy Q.