How to Pay Your People and Survive a Down Economy
The EntreLeadership Podcast
Importance of Being Debt-Free and Having Cash Reserves in a Down Economy
In this chapter, the speakers discuss the importance of being debt-free and having cash reserves to survive a down economy. They talk about how the COVID-19 pandemic impacted their business and the steps they took to create new avenues of income. They emphasize the need to pay off loans and stay out of debt for financial stability.
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