Accessing Money

Since starting started my first business at the age of 12, sharpening chain saw chains for equipment rental stores, I have discovered that there are four ways to access capital:

Borrow it – You can borrow the money from another person, usually done in the form of a promissory note. You can borrow the money from a bank in the form of a loan or line of credit. Typically, when you borrow money from other people it is called debt. This is the method that I will show you through my Millionaire Credit Coaching program. It is the approach that I took on my path to becoming a millionaire. In later articles, I will go on to explain this in greater detail, explaining the main source of borrowing I have used, and continue to recommend in my program.

Exchange it for Equity – You can receive money in exchange for ownership in a company which is also known as equity. If you are just starting your journey, it is unlikely that you will have a large enough stake in a company for this to be a viable option to get access to the levels of money you need.

Production – You can earn the money by exchanging dollars for hours or by creating a system that produces value for other people that is then exchanged for money. If you were able to proceed with this option, then you would not be reading this article. Very few people can earn the levels of money they need through this approach alone.

Stumble upon it – Lastly you can receive it from an inheritance or win it in the lottery.

These are the only four legal ways for anyone to access or receive money. And don’t bet on the last one. I have studied and used the first three methods in my life and what I have discovered is that borrowing money has been, by far, the easiest way that I have ever found to get access to capital.

Through my Millionaire Credit Coaching program, I will guide you through the first option to use the abundance of available credit lines to get the capital you need to go from broke to millionaire in less than 2 years! Further information can be found on my website.