I Sold 0.5 Bitcoin To Build A Gym (And Learned You Can Do Whatever The Fuck You Want)
THE PROBLEM
Two years ago, I moved to Isla Mujeres, Mexico.
Beautiful island. Shit gyms.
The gyms here are dirty,...
Isa dropping F bombs is hot. This reminded me of a vid that went viral not long ago (a girl talks to herself about "the perfect conditions to do something" and "fears" and just do it). It's a message as old as time spoken by every entrepreneur to the dreamers who pay for a success seminar. And it's a good message.
Just a question for you: were there no better funding options available? A loan is a loan is a loan. The terms are important. The rate is very important. Did you have no better option than a 12% interest? I bought a truck (tractor trailer, not some damn pickup) at 5.5% with no collateral. I've also funded a past operation with a 0% 1 year Capital One credit card. And IF I were to pursue my latest idea (btc centric, to boot!) it'd be with a HELOC at less than 6% (knowing full well that not everyone reading this owns a home but any savings can be in a collateralized loan). My point is that interest/terms of loan can hurt the chance of success for a business.
Just a question for you: were there no better funding options available? A loan is a loan is a loan. The terms are important. The rate is very important. Did you have no better option than a 12% interest? I bought a truck (tractor trailer, not some damn pickup) at 5.5% with no collateral. I've also funded a past operation with a 0% 1 year Capital One credit card. And IF I were to pursue my latest idea (btc centric, to boot!) it'd be with a HELOC at less than 6% (knowing full well that not everyone reading this owns a home but any savings can be in a collateralized loan). My point is that interest/terms of loan can hurt the chance of success for a business.