Rob Walling of Drip and TinySeed shares his advice on maximizing the chances of business success.
“One of the powers of running small companies is we have enormous amounts of options.”
“Debt reduces optionality.”
Instead of making $500 per month car payments, “you take all that money and you build a damn business.” Rob bought a company for $30k, that is less than what many professionals spend on a car.
Work remotely to cut out your office lease, rent a small apartment instead of buying a new home, cut luxury expenses, etc. and you’ll have a lot more runaway and options to grow your business.