Well BryanC, if you go through life with an attitude like this, it will come back to bite you ten fold.
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Free registration at the forum removes this block.Well, it's all a subjective matter. And one he is personally going to have to deal with. All that happens from here on out is going to be a matter of mental and emotional power.
I would suggest he just tell the lender what the deal is. Walk right in there and say, "I am starting a business. You can either accept my new terms and conditions, put the loan on hold, and this is how it's going to be. Or watch me default."
It's his life man. He is going to have to go through all of this anyway. It is better to get started sooner than later. The sooner he gets out there and gets started on his own, the sooner he will win and the debts repaid...
He ultimately has to learn how to make it on his own. The longer he is stuck in the rut, the longer he is dependent on a job.
It is just my opinion to get out there and get started NOW. Versus letting a debt hold you back.
I agree it's all a subjective matter and it's his life. Now let's put the shoe on the other foot. What if you were his lender and you relied on him making his payment to you for your business? One day he walks in and tells you he's not going to pay you for a while, take it or leave it. Is that OK by you?
I guess there is nothing I can do. I should have not financed all of the individual's consumption. I should have extended credit to something with actual assets.
I wish you well Bryan.:cheers:
Good luck with the debt Tyler.
I guess there is nothing I can do. I should have not financed all of the individual's consumption. I should have extended credit to something with actual assets.
Rep+ for outside the box thinking.
I know the problem with this country goes both ways- consumers spending credit like it's cash and banks giving it away like it's cash. If there were stricter guidelines as to what the credit was used for(assets/equities) instead of being able to pay for whatever(a pack of gum, a new car, expensive/unnecessary electronics, etc) the dollar wouldn't be losing value and inflation wouldn't be so out of control.
The issue at hand though is would you want someone doing this to you?
What RK seems to think is that if you're in the position of power and someone owes you, even if they don't pay, they are still in debt to you as opposed to the other way around which is much better in theory than in practice, but still looks good on paper.
As far as trust, it reminds me of Billy Madison when they had the category of "Business Ethics" for the slimeball assistant who was trying to take over the company and the joke was that this businessman had no "ethics"
Now please don't tell me, "what you've just said is one of the most insanely idiotic things I have ever heard. At no point in your rambling, incoherent response were you even close to anything that could be considered a rational thought. Everyone in this room is now dumber for having listened to it. I award you no points, and may God have mercy on your soul." :smx4:
PS Merry Xmas, Happy Hanukkah/Ramadan/Tet/Kwanzaa/or whatever everyone else celebrates and if you don't celebrate any holidays(remember there are atheists out there ) then just have a great day(s) off
I don't even have any debt. What I am talking about IS creating unlimited and expansive value.
Good to see you are not in debt. I hope you keep it that way.
I don't think anyone of us are disputing your advice about creating value. We disagree about not paying the obligation. Do you expect your customers to pay you? In creating value you are selling or building something. Somewhere along the line you expect to be paid. You expect people to honor their obligations to you. What if they take your service and then don't pay? How long will your business model last? Also, if you are getting your advice from bigger fish how do you or them establish any trust amongst yourselves with the attitude that you portray here?
They just recognize the walk.
You can see how I use my walk, I'm a ladies man, no time to talk. I just walk in the room and say, "I'm BryanC, baddest mofo of all time." Everyone surrounds me and is dying for my autograph. Or I walk into the bank and strut my stuff and I show the biz and say, "I need $100,000,000,000,000,000 for this project." The bank says, "Hey what a priviledge it is to lend to this guy."
Usually get the check next day. I'm Bryan, don't have to worry about it. If I need something, I got it. It just appears into existence. Credit records or anything. Doesn't matter. When I seek out a loan, I am approving and disapproving. I usually have to turn down lenders. I can't be bothered.
Some usually end up paying ME interest. I don't have to pay interest. I'm BryanC. Stallion in his own class and on top of the world; nothing can stop me.
Sounds like "smoothplaya" hacked into your account.
They just recognize the walk.
You can see how I use my walk, I'm a ladies man, no time to talk. I just walk in the room and say, "I'm BryanC, baddest mofo of all time." Everyone surrounds me and is dying for my autograph. Or I walk into the bank and strut my stuff and I show the biz and say, "I need $100,000,000,000,000,000 for this project." The bank says, "Hey what a priviledge it is to lend to this guy."
Usually get the check next day. I'm Bryan, don't have to worry about it. If I need something, I got it. It just appears into existence. Credit records or anything. Doesn't matter. When I seek out a loan, I am approving and disapproving. I usually have to turn down lenders. I can't be bothered.
Some usually end up paying ME interest. I don't have to pay interest. I'm BryanC. Stallion in his own class and on top of the world; nothing can stop me.
They just recognize the walk.
You can see how I use my walk, I'm a ladies man, no time to talk. I just walk in the room and say, "I'm BryanC, baddest mofo of all time." Everyone surrounds me and is dying for my autograph. Or I walk into the bank and strut my stuff and I show the biz and say, "I need $100,000,000,000,000,000 for this project." The bank says, "Hey what a priviledge it is to lend to this guy."
Usually get the check next day. I'm Bryan, don't have to worry about it. If I need something, I got it. It just appears into existence. Credit records or anything. Doesn't matter. When I seek out a loan, I am approving and disapproving. I usually have to turn down lenders. I can't be bothered.
Some usually end up paying ME interest. I don't have to pay interest. I'm BryanC. Stallion in his own class and on top of the world; nothing can stop me.
I just added BryanC to my list of no-borrowers.
Good thing I'm not a bank, and that probably he would never ask me for money, his company would. But then, when it is time to pay back, his company would mysteriously fold, declare bankruptcy, and he would start another one, to do it again.
They just recognize the walk.
You can see how I use my walk, I'm a ladies man, no time to talk. I just walk in the room and say, "I'm BryanC, baddest mofo of all time." Everyone surrounds me and is dying for my autograph. Or I walk into the bank and strut my stuff and I show the biz and say, "I need $100,000,000,000,000,000 for this project." The bank says, "Hey what a priviledge it is to lend to this guy."
Usually get the check next day. I'm Bryan, don't have to worry about it. If I need something, I got it. It just appears into existence. Credit records or anything. Doesn't matter. When I seek out a loan, I am approving and disapproving. I usually have to turn down lenders. I can't be bothered.
Some usually end up paying ME interest. I don't have to pay interest. I'm BryanC. Stallion in his own class and on top of the world; nothing can stop me.
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