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Old 10-17-2005, 06:31 AM
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Zedder Zedder is offline
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Default Re: Would you sell your car(s) to buy a business?

Thanks guys for all of the thoughtful responses and well wishes. I really do appreciate it. Going through a job loss like I did this summer is a really humbling experience and not something that I would wish on anyone. However, I believe all things happen for a reason and I'm sure there are many lessons to be learned from the experience.

I agree with most that the cars should be sold if it allows me a stronger position in the business and I am prepared to do that. I don't care for personal debt, so borrowing money for something "fun" just isn't somthing that I would likely do.

I do believe in the business and think it has tremendous upside potential, so if the cars must go, they will. However, I am proposing a sweat equity arrangement in addition to my cash investment, so we'll see if I can at least keep one of them this way

Thanks again guys, I'll let you know what happens
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