There’s good debt & bad debt…Know the difference and you’ll learn to use it to your advantage

4.0K viewsover 1 year ago0m 6sScore: 70

Michael Chang

Pricing & Profitability
intermediate
Profitability
Expenses
Revenue Management

Summary

The video emphasizes the strategic use of debt in business, particularly in short-term rentals, differentiating between 'good' and 'bad' debt. Good debt involves leveraging borrowed funds to acquire assets that generate income, while bad debt is used for liabilities that don't produce revenue.