- When you take someone's money (to start your business) you will be in pain mode until you re-pay it with interest
The business took off well so he started hiring employees and the all of a sudden the business took a nose dive….
- Uncle ray asked how are you going to make payroll? He said I don't know? He said do you have some money? He said yeah …Ray said well why don't you give the company a loan? He said you need to get some skin in the game
- It's important that you get people who have skin in the game, whether it's time, effort, or they take a lower salary….because then they are aligned with what you aligned with.
- Never do anything dishonest - don't do it, it's not worth the risks. You could go to jail, lose everything and be known as unethical
- You will not be able to hold a temple recommend if you are not honest with all your dealing with your fellow man.
No comments:
Post a Comment