So ladies & gentlemen and fellow entrepreneurs, here’s a quick question for you. Do you (honestly) consider yourself a really fun type of person to be around? Seriously, would or does your, spouse (and or) significant other, kids, friends and family members consider you a fun person to be around? (For the most part.)
Not necessarily the so called “life of the party” type, but just an all around pretty fun person as it were!
And if so, you’re probably wondering, “what the heck” if anything, does that have to do with (helping you) get out of debt really fast? Hold on, we’ll get to that!
But here’s “why” I asked.
Tell me which (if any) of the following all too common financial side effects, brought on by the overwhelming burdens of way too much unproductive debt! Be it of the personal and or business nature. Or both! Which of these all too common medical side effects, sound like big fun to you!
Anyone up for a constant battle with ulcers? Or what about a side order of constant muscle tension? That’s always good for at least a few laughs,right?
Or if you’re really into it, “how” about some good old fashion chronic lower back pain? What serious debt ridden entrepreneur, wouldn’t want to experience their fair share of that on daily basis?
Well, if none of those potentially harmful (and sometimes) extremely debilitating medical conditions sounds like fun! Or something you’re really into!
Then ladies & gentlemen and fellow entrepreneurs! You need to quickly figure out some ways (creative) and otherwise, to get out of debt asap! Don’t you agree? Because if not, my friend those not so nice potentially harmful medical conditions, is the train you’re currently riding!
And let me tell/warn you, the final destination is not good! And neither are the next three potentially deadly medical conditions either!
So What Are These Three Incredibly Simple Reasons Why All Serious Entrepreneurs Definitely Need To Get Out Of Debt Fast?
First of all, let’s be crystal clear here! All serious and ultimately successful entrepreneurs, will most definitely (A) go into- and or- strategically use some type of (productive) debt in order to scale (grow) their business(es)! And they will also most certainly (B) leverage (good) debt to grow exponentially as well!
So that’s not the type of burdensome “debt” issues that’s being referred to here! No, the type of out of control personal and or business debt that’s being referred to here, is the type of debt that cripples and or capsizes your business altogether and puts such tremendous financial and emotional strain on (either) your marriage, business partnerships, and or both, to the point that they both simply implode!
In some form or fashion!
Totally not cool, right? So that’s the type of (oh so) potentially destructive debt that’s being referred to here!
1.) Potentially harmful medical side effect condition # one: So you’re really into this massively unproductive “debt burden” thing! Is that right? Well, then that probably means, you’re also up for a potentially massively deadly heart attack! Right?
Didn’t think so. But guess what? One of the extremely, potentially deadly side effects of constantly emotionally dealing with out of control debt is.
Your ticker may just up and quit on you! Bummer! So mind your business, and get your unproductive debt under control asap! Because if you don’t, nobody else will!
2.) Potentially harmful medical side effect condition # two: That was fun,right? So your next potentially deadly major medical hurdle, brought on as a direct result of dealing with the constant ongoing side effects of out of control debt is; you may just find yourself severely depressed and not so fun to be around anymore!
Ask anyone that has ever personally and or knows or is related to someone that deals with chronic bouts of severe manic depression of some kind! And see “how” much fun they say it is or was!
Too Much Unproductive Debt Destroys Way More Than Just Your Credit Rating!
3.) Potentially harmful medical side effect condition # three: And finally, there’s always good old fashion “panic” attacks!
And of course, they almost always seem to happen at the most in opportune times! What’s up with that? Well ladies & gentlemen, and fellow entrepreneurs, there you have at least seven extremely good reasons “why” you most definitely need to get out of debt fast! And get back to being that really fun person you most certainly used to be!Don’t you agree?
Please share your extremely valuable comments (in the comments section below) that you can apply to your business, product or service in the next 30 days or less!
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There is no question that it is a very simple, but dangerous, cycle. Worrying about debt leads to stress. And stress leads to all kinds of problems. Physical, psychological, relationships, etc.
You’be better believe it Rick!
It’s okay to be ambitious, but without your health and normal wealth being
to go along with it.
What’s the point! And a whole lot of the stress that’s generated is because of totally unnecessary
consumption type of debt!
Outrageous non essential consumer debt! If only we realized some of the potential negative consequences!
Thanks so much for stopping by and sharing your extremely valuable input! It’s greatly appreciated!
Mark Newsome recently posted…So How Do Savvy Entrepreneurs Consistently Spot Those Seemingly Hidden Opportunities? Part Two
That is certainly the truth Rick!
And you’ve shared some very important points!
Too much debt, is definitely not good financially and or emotionally!
Either way, you could be potentially playing with a time bomb! Thanks so much for
stopping by and sharing your thoughts!
Mark Newsome recently posted…So What Can Savvy Marketers Learn From One Of The NFL’s Oldest Plays?Part Two
Hi Mark,
Oh boy does debt have a strong effect on your health, relationships and attitude. I was in debt years ago and it was a strain on my life.
I thank God after that lesson never to be in debt again. So I was so careful…and still am about keeping that dirty word debt out of my life.
It taught me many things like don’t over extend myself. Only buy what I need, not what I want. Most of all Gratefulness. I live in a state of gratefulness every day and don’t get caught up with things that are really not necessary in my life like I used to.
-Donna
Donna Merrill recently posted…3 Ways To Pump Up Your Blog
You and me both Donna!
And you are so right about what a potential albatross the wrong type
of debt can be!
And it’s so true what a drain and strain that it can be on your life,
in so many ways, that unfortunately are not obvious until it’s
starts dragging you down!
I’m like you, if it’s not a total necessity, then it simply isn’t happening!LOL!
Thanks as always, for sharing your extremely valuable thoughts!
And for your continuous support, friendship and guidance! It’s all so greatly appreciated!
Mark Newsome recently posted…Five Simple Reasons Why Even Though You Sign The Checks You’re Still Not The Boss!
That’s great advice not just for business owners, but for individuals generally.
Zach recently posted…Car Accident and Not at Fault
Thanks Zach!
It’s far too easy to fall into the allure of unproductive debt!
And sadly, often times, it’s not until some of these potentially deadly
health issues start arising, does it become apparent this is no such a good
place to be in!
Thanks so much, for stopping by and sharing your extremely valuable thoughts!
Much appreciated!
Mark Newsome recently posted…Three Incredibly Simple Reasons Why All Serious Entrepreneurs Need To Get Out Of Debt Fast!