More money is not always the solution; entrepreneurship and strategic thinking count...

Ad Majorem.....Wealth Builders

I was approached by a professional who went into a business venture she did not quite understand.  The project was delayed;  she has advanced all her liquid assets into the project;  her contractor left her and the marketing did not seem to quite understand what they are doing.

She will need between P5 up to l3 million to finish the project.  She has no more liquid assets.  What must she do.

She plans to borrow more.

What did I find out?

The structures are almost 100 finished;

She has clean mother title;  no CCTs yet;

Enrollment (thus demand for rental units will rise)

She has not presold.

I can see several solutions to her predicament and borrowing is not one of them. And all of them are wealth building solutions...

Wht do you think?