How do leaders lead into funding their vision?
You did it completely different from some of those that are just taking that leap of
faith with their 401k or some other funds or SBA loans.
How do leaders lean into funding that if they don't have the options such as yourself?
Yeah.
I mean, there's not one right answer.
There's lots of good answers.
It depends on your situation, also your risk tolerance.
So I work with founders and entrepreneurs or aspiring founders or entrepreneurs, and
some of them just are able and willing to take on that gut load of risk.
It's like a boom, like, okay, I'm all in, here we go.
And that's definitely one way to do it.
That's not wrong.
And there's other people who do my path and then lots of people in between.
So I would take a look and say, all right, what makes sense given my situation?
And that's holistic, right?
So financial situation, family situation, I have someone right now who is waiting for
the last of her kids to graduate from college.
And then that's the point where she does that.
But all up into that point is preparation.
So financial, kind of the family home situation, knowing yourself and knowing your risk tolerance
and what you're willing to take on there, all of those types of factors, the market,
the economy, all of those things should come into play and get to the right answer for
you.
So it's not like, oh, you must do this.
This is the right way to do it.
It is really taking a step back and saying, okay, what makes most sense for me right now?
And let me have a think about that.