photo credit : www.slideshare.net

So i found this quote by the very successful entrepreneur – Mark Cuban, i find a lot of wisdom in this quote,however “moron” is a very strong word.

The operating word in this quote is “start”, starting a business is quite different from growing it.

Interests associated with loans drain new businesses of funds they do not have.
Businesses are so high risk at the start and unable to pay back loans,this can in turn ruin their chances of getting loans in the future when the business really needs it.

Its ok to Start a business slow and small then get a loan to grow it once it hits the ground running…
Share your opinion
If you have been able to start a successful business on a loan ,share your experience as well,lets know how you made it work….