When It’s Your Own Money….
Martinka Consulting
JULY 25, 2018
A few months ago the Wall Street Journal’s Business section’s headline was, “China Conglomerate Gets Lifeline.” The sub-headline was, “Government is helping HNA Group right itself after acquisition spree loaded it with debt.”. The lesson here is simple, don’t over-leverage yourself. It’s good advice for us personally and in business. But notice how they got in trouble; an acquisition spree.
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