Explicit

Using Other People's Money (OPM)
Explicit

Watch4thehook Business & Entrepeneur Podcast by Micheal & Tatiana Parker

Episode notes

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How does a business survive? One of the main ways is constant and good financial stability. That financing can come from other people's money, or OPM. OPM is referring to borrowed capital that is used to increase the potential returns as well as the risks of a particular investment. This money must come from legal financial intuitions or registered entities to avoid legal ramifications. Business owners can use legal OPM to upgrade their business, take own investors, purchase items for their business, etc. Using OPM is not a fairly new concept, but it has had a lot of overhauls regulation wise in the past few decades. We are mainly here to discuss legal OPM use and how sometimes you can get more than you bargain for.

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Keywords
moneyfinancesinvolvedinvestacceptable riskfinancial literacycapitalfinancialmovementinvestmentsbusiness loansinvestors