12/06/2026
🛑 MOTIVATION : 😩 Debt is going to kill me, my head is spinning.
People's money has a very harmful downside; it puts you under indescribable pressure, even to the point of being overwhelmed. It can land you in a cell or in prison.
With people's money, you can be the victim of slander, media lynching, anything at all.
Yes, people's money hangs around your neck, like a pendulum on a string. It causes insomnia, stress, and so on.
But the worst part is that you can't go far without people's money. People's money is absolutely essential for any entrepreneur who wants to carry out ambitious projects. And if you think you can do without it, you'll remain stuck in a cycle of perpetual self-reliance.
Others will tell me they prefer working with banks. Banks are people's money, it's important to remember, but even banking alone isn't enough leverage. If it were, why do large retailers continue to buy goods on credit from suppliers?
If it were enough, why are our billionaire fathers still involved in rotating savings and credit associations (ROSCAs)?
If it were enough, why did even Dangote, to launch his refinery project, raise funds from international investors to secure the necessary capital?
Debt is a thorn in the side that any entrepreneur who wants to go far must come to terms with and live with. If you reject debt, you are deliberately choosing to end your chances of ever prospering in business.
So, debt shouldn't be rejected; it must be understood how it works, when to use it as leverage to further your achievements, how to manage it, and above all, how to manage and anticipate the conflicts and disputes that can arise.
Debt is a tool you'll have to use sooner or later if you truly want to achieve your goals, so it's best to understand how it works now to avoid falling into the traps I did.
Sopra pro