In a Money Monday Issue X, dated 4-8-19 (archive), I talked about how the wealthy utilize debt. One way I mentioned is to use OPM (other people’s money) to purchase an asset that produces positive cash-flow (or will in the future, due to your involvement).
Or, if you have a current business that needs a fast-cash infusion, it’s important you have access to multiple sources of liquid capital. Remember: Money likes speed… and opportunity and time aren’t always mutual friends.
Our industry colleagues at Evergreen Profits, the publisher of Perpetual Audience Growth, recently experimented with a way to use PayPal to accomplish this very thing.
Here’s Joe Fier giving you the quick rundown:
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