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Starting a Micro, Blog, Podcast · May 9, 2014

Start a Micro Business with No Debt (podcast)

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DollarsSenseShow16

I hate debt-especially for a teenager starting a micro business!

Dollars and Sense host, Carol Topp and guest host, 17 year old Jonah Wilson, discuss 5 dangers of using debt to start a micro business.

Listen here

In the podcast, Carol and Jonah mention Starting a Micro Business, a helpful book (and ebook) that can be very helpful in launching your micro business.

Show Notes:

5 dangers of starting a micro business with debt

  1. Debt presumes on the future
  2. Debt encourages quick decisions, not careful planning6
  3. With debt, you are a slave to lender
  4. A loan can increase the risk of failure
  5. Debt can stop blessings.

 

Related posts:

  1. Start a micro business with no money (podcast)
  2. Shark Tank Mark Cuban: Only morons start a business with a loan!
  3. Dollars and Sense Show #3: What a business plan can do for your micro business
  4. Dollars and Sense Show # 1: What is a micro business and why is it such a great idea?
  5. Video: How to Start a Micro Business with Little Money

Filed Under: Starting a Micro, Blog, Podcast Tagged With: Dollars and Sense Show, Starting a Micro Business, Ultimate Homeschool Radio Network, debt, micro business for teens, podcast, teen

Carol Topp, CPA

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Connect with author Carol Topp, CPA

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From a parent

Thank you for your e-book on teen micro businesses. Your valuable experience and wealth of knowledge is vast.

Your presentations at Cincinnati homeschool conferences and sharing with us over the years have benefited us well.

I can hardly believe we are at this point in our life-and here he is a young man ready to try his fortune with the world.

-Mandy S

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