Dave Ramsey
👤 SpeakerAppearances Over Time
Podcast Appearances
And then I'm going to come pay you off.
Okay.
You have a conversation with them, but you give them no more money and no more access to your business.
You go make a hundred a year, 120 a year.
You clean up your vendors first and then you keep the cash flow running.
You keep your books up to date and then you call them.
Then you save up 30,000 bucks and you call the merchant people that you owe 55 to and you settle with them for pennies on the dollar.
Then you go pay mom and dad the next year.
Right.
You're out of debt.
I just got you out of debt in three years.
It's doable.
What I just described is very doable.
I've done it a thousand times.
Now, the trick is you've got to believe it, and you've got to be tough enough to run off these people that have been scaring the crap out of you.
They've been running your life emotionally.
They live in your head rent-free.
Can you tell I've been there?
Yes, yes, for sure.
It's no fun.