Glen James
π€ SpeakerVoice Profile Active
This person's voice can be automatically recognized across podcast episodes using AI voice matching.
Appearances Over Time
Podcast Appearances
Anyway, let us know if you're commenting on Spotify or YouTube, what would you do in that situation?
Because I just think it's fascinating and good luck to them.
And, yeah, I, yeah.
It's just this whole thing just seems concerning to me.
Whatever the thing is, whatever bad analogy you're trying to spit out.
But the whole β so for me β and this is crazy, right?
I think sometimes in small business, people think it's okay to have debt, which it is, right?
But the problem is if you've got a relationship that you just walk into owning debt, like the red flag is that it's debt not β because I'm just thinking, okay, there's 500 grand debt.
Is there a dino tune or a hoist that's equipment finance that's 300 grand that generates the income?
But if it's all this sloppy stuff, that's a different type of debt.
It's got a million dollars.
No, it's not on there.
Oh.
I didn't say that.
Yeah, sorry.
One million dollar mortgage.
This is the thing I clarified.
It's got the $1 million mortgage and it's worth $2.5 million.
So there's $1.5 million.
Because some of the debt is overdue mortgage repayments.