The Importance of Working Capital

A lot of entrepreneurs are just cash strapped until they have a liquidity event. And then they have to see if they're growing to your point, right? Because there's a virus capital. You can use debt to invest in assets that will produce flow. There's good debt for buying Louis Vuitton purses and stuff you can't afford. If you're using debt to buy liabilities, that's bad from the alternative investment standpoint.

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