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Cash is king, but spending your own money to fund operations is a common mistake. Here is how to leverage $10,000 in cash to double your borrowing power based on the clip: Step 1: Hold onto your $10,000 in liquid cash instead of spending it outright. Step 2: Deposit that cash into a bank to establish a strong relationship and proof of capital. Step 3: Apply for a business line of credit using your deposited funds as leverage (e.g., getting $20,000 in credit). Step 4: Keep your original cash safe in the bank while risking and growing with the bank’s capital instead. Using credit lines to scale keeps your personal reserves intact while giving you the capital you need to expand. #ShaneTheCEO #BusinessCredit #FinancialStrategy #CapitalGrowth #Entrepreneurship

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