))
The Impact of Business Leverage with Joris Spanhoff
Manage episode 392018510 series 3521164
Content provided by John Rankins. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by John Rankins or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
One of the most growing trends today is using other people’s money to exponentially grow a business. It’s tempting, as using business leverage can provide opportunities that is not possible otherwise. However, Joris Spanhoff advises against it. He believes excessive borrowing of money can turn a business upside down in no time, if handled poorly.
Joris Spanhoff is this week’s guest. A business veteran behind Infosoft, a legendary and scalable company, and Founder of Acceltech and Power Edge, with 21 years of excellence and recently sold a thriving gaming venture.
In this interview, Joris discussed how business leverage can kill business in the long run and people should be careful with leverage and debt. He also discussed the importance of building a strong company culture and choosing partners and customers wisely.
Don’t miss this episode filled with hard-earned lessons in building sustainable businesses! Together, let’s uncover the myth of business leverage and how it can affect business success.
Episode Highlights
“You have to be really careful of borrowing, make sure you can afford it.” -Joris Spanhoff
“You have to find people that see the value of not only the product or the solution you offer, but what you offer as a company as a team.” - Joris Spanhoff
“There's no way you're gonna get it right the first time. There's no instant success. There's no fast success.” -Joris Spanhoff
“I think leverage is a superpower. Whether you're leveraging relationships, or you're leveraging money, or investment, because otherwise, you cannot compete on a global stage.” -John Rankins
“If it's all about the price all the time, they don't see your value. And it's gonna become a problem later. So you might as well handle it sooner rather than later.” - John Rankins
Connect with Joris Spanhoff
Websites: https://www.poweredge.com.ph/ , https://infosoft.com.ph/,
LinkedIn: https://www.linkedin.com/in/joris-spanhoff-ab59485/
Facebook: https://www.facebook.com/JSIIMNL
Instagram: https://www.instagram.com/joris.mnl/
Connect with John Rankins
Website:https://thesalesmachine.com/
Facebook: https://www.facebook.com/TheSalesMachineOfficial
Instagram: https://www.instagram.com/thesalesmachine_official/
LinkedIn:https://www.linkedin.com/company/thesalesmachineofficial/
40 episodes
Share
