Do you want to Make Money and Grow Money?

YES, I want it!


By: Marvin Germo | October 5, 2019

Getting Loans Is The Answer

Some people still think that getting loans to start a business or continue an enterprise is the answer. Little did they know that the more you increase your business loans, the more you are putting your business in danger. Getting loans is not the answer to this. There are more effective ways how to make your business more profitable and today, I am going to share with you some tips that can help you minimize your business loans. If you are currently in a situation where you think there is no way out but to close your business, read this first.

Catch me in my live training events! (quick plug)

The heart of why I do these seminars is I want to build a generation of Filipinos with the right foundation in stock investing.  I want to bring smart investing to every Filipino around the world! If you would like to know more about how you could time the market check out the trainings below.

Stock Smarts Qatar —  October 2 – 7, 2019
Stock Smarts Cebu – October 26-27,2019
Stock Smarts Singapore – November 6-10,2019
ICON Davao – November 30, 2019
Stock Smarts Manila – November 24, 25, December 8,9,15,2019

Proper Business Management

How do you really minimize your business debts? Well, one of the most effective answers is proper business management. If you can manage the operations of your business well, you won’t have to borrow money until you become buried in debts. That’s why I always say this to people—before you start something risky, make sure you have enough knowledge to begin with. Do not start a business without knowing anything about business management. Learn about it first so you won’t have to deal with a serious financial crisis in the future.

Save Money

Before you start a business, you need to learn the art of saving first. Save money until you have enough amount to put up your dream business. Avoid using borrowed money to start a business because it will only get worse if you don’t know how to manage your operations effectively and efficiently. You must aim to use cash from your own pockets to finance your business. It’s way better than to pay for the principal and interest of your loans using your profit. Although there are exemptions to this, as a businessman, you should think about getting more cash inflows than cash outflows.

Do Not Prioritize Borrowing

As long as your business can stand using your own money, avoid borrowing. Put getting loans at the bottom of the list in case you need financial help to support your business. The idea of prioritizing borrowing when you are in a financial crisis will only trigger you to get more and more loans until you cannot pay them anymore. There are a lot of alternatives to borrowing. You can find your own investors or partners, you can finance your business by selling equities, or you can sell some of your assets so you would have funds to use for expansion or whatever business purpose it is. Again, do not prioritize borrowing.

I’m excited to share my 5th book overall and the 4th book in the Stock Smarts series, Stock Smarts: Breaking the Resistance – How to time your traders perfectly. The heart of this book is to teach you strategic ways on how to come in and buy and sell stocks in a way where you come as the market is headed up and come out as the market is headed down. The book is now out and exclusive via Marvin Germo Book Orders.
For more details and to order my other books: Marvin Germo Book Orders
Stock Smarts Book