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I didn’t have room to fit this in but before I started this company my first company bombed in late 2019 when I was 23 and it left me in a ton of debt and my fi
by entrepooneur 6y ago
I didn’t have room to fit this in but before I started this company my first company bombed in late 2019 when I was 23 and it left me in a ton of debt and my finances in shambles.
I met my mentor when I was seven years ago when I was 18. He was very successful and built/sold a company in the 1980s
I’m still paying everything off to this day but my mentor (who is 75 years old and a longtime entrepreneur) last year offered to pay off the very high interest loan I had. I’ve been paying him back without fail.
- dnh44 6y agoIt sounds like this guy helped you out of a tough situation and I can understand why you've struggled to say no to him. But just because he helped you out doesn't mean he owns you until the debt is paid.
- wikibob 6y agoVery high interest rate loan? Fuck that. Interest rates are at an all time low. How much money do you owe him? Can you refinance with a personal loan from a bank? Get rid of this guy he is bad news and emotionally blackmailing you. You will regret it if you go forward.