Rare Exceptions to Dave Ramsey’s “No-Debt” Policy

The EntreLeadership Podcast

Lampo Licensing, LLC.

Entrepreneurship, Business, Management

4.7 • 4.1K Ratings

🗓️ 4 March 2024

⏱️ 38 minutes

🔗️ Recording | iTunes | RSS

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Summary

Today we’ll hear about: A new business owner who owes $200,000 to the IRS A group of businesses that provide a scholarship fund for the trades The best way to protect your assets when transferring ownership of a company Why businesses should or shouldn’t provide financing on their products Next Steps 🗳️ Submit your question for a chance to be on the show with Dave Ramsey: https://bit.ly/3HUgAgi 👣 Find out what Stage of Business You’re In: https://ter.li/axd39b ✉️ Sign up to receive tactical tools, advice and resources in your inbox every week: https://ter.li/y8qdo7 🏢 Attend EntreLeadership Summit: https://ter.li/fcazl2 🎤 Attend EntreLeadership Master Series: https://ter.li/wcjhpu ☎️ Learn more about EntreLeadership Coaching: https://ter.li/ycznhl 💵 Learn more about Ramsey SmartDollar: https://ter.li/4imot0 🗳️ Help us make the show better! Please fill out the quick survey form. https://bit.ly/3O8fRvh Offers from Today's Sponsors NetSuite: https://ter.li/x1t20q BELAY: https://ter.li/yohiu6 Payority: https://ter.li/fh2oau Trainual: https://ter.li/a8zexl Listen to more from Ramsey Network 🎙️ The Ramsey Show 🍸 Smart Money Happy Hour 💡 The Rachel Cruze Show 💰 George Kamel 💸 The Ramsey Show Highlights 🧠 The Dr. John Delony Show 💼 The Ken Coleman Show Ramsey Solutions Privacy Policy https://www.ramseysolutions.com/compa…

Transcript

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0:00.0	From the
0:03.0	on-the-air-New-Anterreyer
0:05.0	From the headquarters of Ramsey Solutions, this is the Entre Leadership Podcast,
0:16.0	where I take calls from leaders like you about what it takes to win at any stage of
0:21.0	business.
0:22.3	I'm Dave Ramsey, your host with over 30 years of experience in the
0:25.8	trenches doing what you do every day, still do, and we're here helping you. We love small business people.
0:33.9	We love leadership.
0:35.5	And we're glad that you are in our tribe
0:39.2	and you're out here getting things done in America today.
0:42.5	If you've got a question you want to talk about business,
0:45.0	particularly small business,
0:47.0	well, just give us a call.
0:48.0	You can fill out the form at entree leadership.com
0:51.0	slash ask, or you can call us at 844, 944, 1070.
0:56.5	We'd love to hear from you.
0:58.0	Ross is with us in Louisville, Kentucky.
1:00.2	Hey Ross, how are you? I'm doing good Dave, how are you?
1:04.0	Better than I deserve.
1:05.0	What's up in your world?
1:07.0	Well, um, so I own an electrical contracting business
1:12.0	and we do about five and a half six million dollars a year.
	...

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