Chris Locurto: Entrepreneur, Leadership Coach, Life Strategy, Blogger

Use the timestamps below to guide you better as a leader or individual:Taking out a loan. 0:00The three big things to consider when deciding whether or not to take out a loan, and why going into debt is one of the biggest mistakes.The short and sweet answer to today's topic.How to leverage your cash. 1:58Leveraging cash to get out of bad sticky situations and get yourself out of sticky situations.No other 1920 21 year olds know how to handle their finances.The difference between business debt and personal debt. 4:07Understanding how to think about loans. First things first, is it a business or a personal loan.If your business is bringing in over a million dollars a year, most of most of your business debt will be considered personal debt.The first reason people take out a loan or a line of credit is because they might seek a loan to purchase real estate.Chris has a fail-proof idea. He has heard about 4000 people lose in their business because of failure-proof ideas.How much money do you really need? 8:59Real