Debt as you scale…
One of the teachings from Dave Ramsey that’s really stuck with me is simple:
“Debt adds pressure. Pressure kills joy.”
I’ve seen this in real life.
When business is good, it’s tempting to take more out:
🚗 A better car
🏡 A bigger house
💳 More lifestyle “reward” for the effort
But too many business owners scale themselves at the same pace as the business.
That works… until it doesn’t.
If you hit a bad year – a cancelled contract, a slow quarter, or an unexpected cost…
…those lifestyle repayments don’t care.
You’re suddenly working not just to grow the business, but to keep up with your own spending.
And that financial pressure can completely cripple your mindset.
Ramsey’s point is clear:
Growth should create margin, not just more stuff.
I’m not anti-growth. I just think we need to be more thoughtful about how we do it – and what we build around it.
What’s your view on debt and scaling?
PS our Elevate program will ensure you only take on the right debt when you need it.
Want to get started – book a discovery call here.
