On Lumberjack, Tyler says "I own my companies full, told 'em to keep the loan"
Debt is cheaper than equity, and it is actually better to finance a business with a loan if you can than owning it outright. Debt is a healthy part of a good business
Remember the painter who painted Facebook's early headquarters? Facebook paid him in stock and that stock ended up worth $200 million when facebook IPO'd (it's worth way more now). Imagine if Facebook paid in cash. They could probably have taken out a loan and paid the painter in cash rather than stock
Excellent album otherwise, so far
If you're taking financial advice from a Tyler the Creator verse that's on you
On Lumberjack, Tyler says "I own my companies full, told 'em to keep the loan"
Debt is cheaper than equity, and it is actually better to finance a business with a loan if you can than owning it outright. Debt is a healthy part of a good business
Remember the painter who painted Facebook's early headquarters? Facebook paid him in stock and that stock ended up worth $200 million when facebook IPO'd (it's worth way more now). Imagine if Facebook paid in cash. They could probably have taken out a loan and paid the painter in cash rather than stock
Excellent album otherwise, so far
He’s not giving advice he’s flexing
Ok ASAP Nast
Would yall rather have one payment of $1,000,000 or $50 every month? Think about it
He not giving financial advice though. He saying he so rich, he own his companies full. Man ain't tryna grow his money cuz his money too long
On Lumberjack, Tyler says "I own my companies full, told 'em to keep the loan"
Debt is cheaper than equity, and it is actually better to finance a business with a loan if you can than owning it outright. Debt is a healthy part of a good business
Remember the painter who painted Facebook's early headquarters? Facebook paid him in stock and that stock ended up worth $200 million when facebook IPO'd (it's worth way more now). Imagine if Facebook paid in cash. They could probably have taken out a loan and paid the painter in cash rather than stock
Excellent album otherwise, so far
when do you feel it's time to take loans instead of saving up to pay for your own personal small business?
when you've made enough sales or have gotten enough proof that your business can stay alive to pay off the loan?
Would yall rather have one payment of $1,000,000 or $50 every month? Think about it
Dinner with Jay Z
surprised you didnt somehow drag clairo into this
she probably gives excellent financial advice as she comes from money
when do you feel it's time to take loans instead of saving up to pay for your own personal small business?
when you've made enough sales or have gotten enough proof that your business can stay alive to pay off the loan?
I feel like most people can't afford to pay themselves. especially if the business has a building.
He not giving financial advice though. He saying he so rich, he own his companies full. Man ain't tryna grow his money cuz his money too long
what. if anything owning your business outright is making more money.
hes saying hes so rich that he doesnt need a loan to start a business he can just do it
On Lumberjack, Tyler says "I own my companies full, told 'em to keep the loan"
Debt is cheaper than equity, and it is actually better to finance a business with a loan if you can than owning it outright. Debt is a healthy part of a good business
Remember the painter who painted Facebook's early headquarters? Facebook paid him in stock and that stock ended up worth $200 million when facebook IPO'd (it's worth way more now). Imagine if Facebook paid in cash. They could probably have taken out a loan and paid the painter in cash rather than stock
Excellent album otherwise, so far
its not about money its about the concept of owning what you've built. Most entertainers are employees
I feel like most people can't afford to pay themselves. especially if the business has a building.
yeah most times a loan is to start paying your staff and yourself. biggest fear is the business flopping and you now owe 10k lol
when do you feel it's time to take loans instead of saving up to pay for your own personal small business?
when you've made enough sales or have gotten enough proof that your business can stay alive to pay off the loan?
really just depends on your level of confidence in the business, so I guess when you've achieved product-market fit
but the more confident you are in something, the more it makes sense to use leverage (aka loans)