Nafissa Shireen

Living Forward Business & Lifestyles Inc

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Should You Borrow Money to Invest in Your Biz?

March 28, 2019 Nafissa Shireen

Bad Debt vs Good Debt

A huge hot-button topic for many entrepreneurs is whether or not to borrow the money they need to invest  in the growth of their business.

Just the very idea of borrowing money brings up a lot of emotion, the very word “debt” instills fear and, for some, a lot of guilt and shame.

Some people feel you should never borrow, that it’s too risky, and that you should only invest what you have. Others borrow so much that they get themselves into a lot of trouble.

And while there is ALWAYS a risk when you invest in your business – it’s not the borrowing that creates that risk.

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Would You Like to be Debt-Free in Business?

May 1, 2014 Nafissa Shireen

Be Debt Free In Business

What if I told you that by the time you are done reading this article, if you choose to, you can be debt-free in your business?

Borrowing money is one of the most common ways entrepreneurs fund their businesses.  Perhaps you have also, maybe you even owe money right now.

Do you find that no matter how many articles you read about  “forgiving yourself” for going into debt in your business, you still have that horrible feeling at the pit of your stomach, perhaps a lot of fear, and just want it to go away?

When you see the balances every month, do you have to fight back feelings of guilt and shame, and secretly think you are a fraud?

Examining the word “Debt”

When I think of the word “debt”, to me it describes when a person lives beyond their means to buy things they don’t need, with money they don’t have.   In essence, they rob their future to satisfy the moment. (I certainly was guilty of that in my younger years!)

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  • “Living With Your Business” — eWomen Network Radio
  • The Ambitious Entrepreneur Podcast
  • Today’s Innovative Woman Magazine

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