from it, but the pro is that you can keep money in your business. debt is so cheap nowadays. it s flying in the face of traditional growth for businesses where we went to equity. the rule of thumb i guess is this, that short-term or debt is really kind of for short-term growth. equity is more costly on the tail end of this. but you got to go through the pros and cons. people go out and get debt when they start up but you better have the cash flow to pay for those monthly payments. we seem to forget about this. great. thank you both for letting us pick your brains. really appreciate it, and if any of you out there have a question for our experts, just let us know because we answer them every single week here on the show. you can get some great advice. just send us an e-mail. the address is yourbusiness@msnbc.com. head over to the website to learn more about the show. it s openforum.com/yourbusiness. you can find web exclusive content with a lot more information to help your business
you can find web exclusive content with a lot more information to help your business grow. we re at twitter @msnbcyourbiz and instagram and facebook as well. we find out how to turn a crisis into a bonanza. we saw an opportunity to, you know, convert people s lawn to a drought tolerant landscape and make a little bit of money. in the midst of one of the nation s worst droughts, this entrepreneur is one of several who has figured out how to grow a business helping people conservative water. i m j.j. ramberg, and, remember, we make your business our business. our cosmetics line was a hit. the orders were rushing in. i could feel our deadlines racing towards us. we didn t need a loan. we needed short-term funding fast. building 18 homes in 4 ½ months? that was a leap. but i knew i could rely on american express
multiple-use thing and more importantly, how are you going to make money. thank you for everything. if any of you have a product or service and you want feedback from our elevator pitch panel on your chances of getting interested investors, send us an e-mail, yourbusiness@msnbc.com. include a short summary of what your company does how much money you intend to raise and what you ll do with that money. thank you so much for joining us today. we hope you learned a lot and if you want to see any of the pieces from the show just head on over to our website, it s openforum.com/yourbusiness. we also put up a lot of web exclusive content with a lot more information to help your business grow. we are on twitter as well, @misdlbsyourbiz and facebook and instagram, too. next week we grab a seat on a hip hop bus tour that s giving riders a fresh look at new york. while everything may seem like a
more importantly, how are you going to make mon sni. thank you so much. thank you for everything. if any of you out there have a product or service and you want feedback from our elevated pitch panel on getting prospective investors send us your e-mail at yourbusiness dat msnbc.com. include what your company does how much money you intend to raise and what you re going to do with that money. if you want to see any of the pieces from the show head on over to open forum.com/your business. we put up web exclusive content with information to help your business grow. @msnbc your biz and facebook and instagram too. next week we grab a seat on a hip hop bus tour giving riders a fresh look at new york. while everything may seem like a
businesses up to the possibility of manufacturing just in time as it is ordered. three, retail. from digital store fronts to interactive sitting rooms the way we buy products we love is transforming thanks to technology. every step of the shopping process is being made more efficient, fun and engaging. four education. students will be more likely to seek out services online that will help them get into college like tutors and admission counselors. and five batteries are something that most people use on a daily basis. so it s a technology that is right for innovation. thank you so much for joining us. to learn more about today s show just head on over to our website, you can find it at open for rum.com/your business and once you get there find all of today s segments plus we put on some web exclusive content with a lot more information to help your business grow. we re also on twitter. it s @msnbcyour biz and facebook and instagram as well. next week how a shocking letter from