When is debt ok?

Facebook
Twitter
LinkedIn
Email
Print

This week’s question from my portal “The Neagle Code: Directions for Life” comes from someone who wishes to remain anonymous.

Neagle Code Question

Is it ok to go into debt to build your business and invest in business growth strategies?

Neagle Code Answer

Hi and thanks for your question.

This question is the perfect example of my teachings on using debt as a tool.

I truly believe that the best use of debt is in the investment in your own growth, whether it’s personal, spiritual or business.

If you talk to any successful business owner you will see that they have used debt to propel their business.

However, there are parameters around using debt to grow your business.

First, before considering taking out a loan, you MUST have a plan. You must have an actionable strategy with clear-cut goals and benchmarks or be investing in a program that’s going to give you that clear-cut plan.

Second, you must be WILLING do what it takes to get a return on investment. This means you have to take action on your plan, and allow nothing to stop you.

A plan and goals are only as good as the paper they are written on.

You must be WILLING
to take action
.

I see entrepreneurs EVERYDAY who spend money on building their business or getting the information they need to build their business, but they never take the action they need to take to grow, and life becomes very hard.

The debt piles up and stress, worry, fear and doubt take hold.

Suddenly they find themselves wondering what happened and why things aren’t working and why things are so hard.

You see…success is EASY if you are willing.

PS: If you enjoy reading my weekly Neagle Code, you’ll LOVE my podcast, The Successful Mind. You can expect cutting edge information and strategies relating to success mindset, leadership, wealth creation, and relationships, all based in Universal Law and my own experience creating a multi-million dollar business.

Will you do me a favor? Subscribe, listen and leave me a review! I’d love to know what you think!

Thanks in advance…click on the graphic below to listen in:

[adrotate banner=”43″]

iTunes | Android
Save
Save

ARE YOU READY TO STOP ACCEPTING YOUR CURRENT LIMITATIONS AS TRUTH?

I’ve seen entrepreneurs go from $5,000 monthly to $60,000 in just 90 days. The difference? A fundamental shift in belief.

The Becoming 12X Process isn’t about temporary motivation – it’s about transforming your relationship with success itself. The universe has already provided everything you need. The only obstacle is what’s happening in your mind.

During our 3-day Atlanta experience, you’ll dismantle the subconscious programming capping your potential and learn to work with universal laws instead of against them.

You were born for far more than you’re currently experiencing.

**The question is: Are you ready for extraordinary transformation?

Secure your spot with us on June 15-17, 2025! CLICK HERE

P.S. Whenever you’re ready… here are 2 ways we can help you grow YOUR business:

  • The Successful Mind Podcast. Each week, we drop cutting edge information and strategies relating to success mindset, leadership, wealth creation, and relationships.
  • Join other like-minded small business owners in our Business Transformation Facebook Group! Allow us to be a place to share ideas, get advice, and meet others who value truth and growth!

Why Some Business Owners Make Millions With ‘No Time’ While Others Struggle Working 80 Hours

FREE LIVE-ONLY TRAINING
Tuesday, April 22nd at 2:00 PM ET

Grab your ticket now before our Super Early Bird Pricing expires on July 2nd!

In this exclusive, LIVE 60-minute training, you will:

🎉** Black Friday Alert: Transform Your Money Mindset for Just $97!**

This weekend only, get 93% off David Neagle’s most transformative courses:

Normally $1,491, yours now for just $97!

🔥 Act Fast: This Black Friday deal ends soon!

Now Enrolling!

THE ELITE MIND

In this transformative program, you will:

With this program, you’ll experience a quantum leap in your business, propelling you towards extraordinary achievements and unparalleled success.

We start November 18th – do you want in?

If you’re ready to take ownership over your destiny and start living life on your own terms, this course will provide the step-by-step framework you need.

The time for excuses and playing small is over.

Are you ready to break through your limitations, gain unstoppable confidence, and claim the life you desire?

Then take the first step by joining 6 Steps to Personal Freedom right now.

Grab your ticket now before our Super Early Bird Pricing expires on July 2nd!

Program start date is October 9, 2023