Should I take out a loan to start a business?


“Thanks for your Channel OLA,

I am tired of working 9-5 and I want to finally take that leap of faith to start my business.

But I have a problem.  As you know, business is risky.  However, the only way I can get money to start now is to get a loan.

A 2nd layer problem is that my credit is not the best right now.  Do you have an advice for me to start without having to wait.

Most people in my family are not in the position to help either with money or even informational resources.

Thanks again?”

OLA Tux Abitogun
Ola “Tux” Abitogun is the Creator of myEmpirePRO.  He became a FULL TIME entrepreneur in October 2006.

He is a computer engineer and an engineering management graduate from New Jersey Institute of Technology; (NJIT) class of 2004/5. He was born in Dallas Texas and raised in Nigeria by his Nigerian parents.  He considers himself a proud Nigerian American.

Today, he is a marketing addict, trainer, marketing and business consultant, real estate investor and all around serial entrepreneur.  Most importantly, he is husband and father to their 2 Boys.  The professional work he is mostly proud of is personally helping 1,000+ entrepreneurs around the world reach greater heights in their careers.

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