4min chapter

2X eCommerce Podcast cover image

S07 EP50: Where and What to Focus on in 2023

2X eCommerce Podcast

CHAPTER

How to Use Debt Effectively

In business, debt is time. Debt buys you time. With the time, it buys you time cash flow. You don't have to expend too much. This is not financial advice. But cleverly utilize debt. Nothing replaces time and life. That's the core reality. Human beings are not perfect. We're shoddy beings. We can't reinvent time. In 2020, 23% of U.S. households will be in a job that pays $1 million or more per year. The average American household earns less than $30,000 annually. And only about one-third of Americans earn over $50,000 every year. Only 1 out of 10 people who work for

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