3 more ways your business will die; plus Owen discovers how you can use director loans to buy property

In this Australian Business Podcast episode, Owen Rask, Jordan Kidis and Danil Goloubev share 3 ways your business will die.

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About this episode

Charlie Munger says, “tell me where I’m going to die and I won’t go there”. This episode is about helping you avoid disaster, such as your business dying — like the thousands of businesses which go down every year.

In this Australian Business Podcast episode, Owen Rask, Jordan Kidis and Danil Goloubev share 3 ways your business will die:

  1. Taking too much cash out of the business
  2. Following silly ideas and phrases such as “You gotta spend more to make money” šŸ¤¦ā€ā™‚ļø
  3. A failure to plan, is a plan to fail.

In addition to covering these three topics, and answering your questions, Jordan and Danil blow Owen’s mind by explaining how it might be possible to use a director loan to buy a property!

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