6min chapter

The EntreLeadership Podcast cover image

How to Truly Take Ownership of Your Business

The EntreLeadership Podcast

CHAPTER

How to Run a Large Farming Operation With Cash

The first step of converting is believing that if i ran my operation with zero debt. If you believe that then you will do go to the trouble of taking four or five years and converting your debt-driven operation to a non debt- driven operation. You're destabilizing your business when you're staying deeply in debt can you run a large farming operation with cash? It's impossible to operate a car dealer without running a floor plan for inventory financing, he says. He explains how one man converted his car dealership from a debt-driven inventory floor plan to a completely cash inventory plan.

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