ahead to get some padding room in there, you are are not only creating a cushion for yourself, but you are also developing a relationship with your lender which is really big, because when it comes time for you to really need some cash, you have a credit history established. stella and va net is a, thank you with your help on all of this. appreciate it. to learn more about the show click on the website it is openforum.com/your business. you will find all of the segments today, and plus exclusive web content to help your business grow. also, you can follow us on twitter. it is @ @ msnbcbiz. don t forget to become a fan of the show on facebook, because we love your feedback. and also, we will explore the iconic family who has been maintaining water towers for
this. what s very hard for people who start businesses that don t get outside investors into their businesses is that it s you know, it s their savings. they feel the failure more than if they had a venture capital backer, ference. if you start borrowing money from your friends and family they may suffer when your business fails. you should always be talking to people about getting money even if you don t need it. you don t want to be down to the wire and think, who s going to give me money? i say that business is like dating and you never want to be desperate. so you not only if you have the chance now while you re still ahead to get some padding room in there, you re not only creating a cushion for yourself but you re also developing a relationship with your lender which is really big. because when it comes time for you to really need some cash you have a credit history established. all right. stella and vanessa, thank you so much for all of your help. really appreciate i
their savings. they feel the failure more than if they had a venture capital backer. if you borrow money from friends and family, they may suffer. you should be talking to people about getting money if you need it, don t get down to the wire. i say business is like dating. you never want to be desperate. if you have the chance now, while you are ahead to get padding room, you are not only creating a cushion for yourself, but developing a relationship with your lender. when it comes time to really need cash, you have a credit history established. stella and vanessa, thank you so much for all your help. appreciate it. thanks. to learn more about today s show click on our website, it s openforum.com/yourbusiness. you ll find all of today s segments plus web exclusive