Dave Ramsey
👤 SpeakerAppearances Over Time
Podcast Appearances
Nice as well.
What vendors do you have to pay to keep supplies coming to keep the business open?
What dollar amount does that represent?
Pretty much the... $37,000?
Not entirely.
Half of that.
Yeah.
About $20,000.
Gotcha.
Okay.
So you need to get on the phone with them first, and we need to get on a program with them where we're going to clear them first, and in return, they're going to keep sending you supplies COD.
I'm not asking for the story now.
I'm telling you what to do.
Get on the phone with them and set up a program to pay $37,500 plus your new material needs going forward out of your $100,000.
It's the first thing you do.
The merchant people tell them they're not getting paid maybe ever, but they're certainly not getting paid right now.
You're going to sit on the sidelines and we're going to settle up later.
If you want to sue me, sue me, but I don't have any money.
And if you sue me, I'm going to file bankruptcy and you're going to get nothing.
So you need to just sit over there until I can get this thing cleaned up.