Borrowing only works on things which are sure. counsel Newton Buteraba ceo house of wealth. #money

borrowing works on certainty. What do I mean by certainty? As in borrowing only works on things which are sure. When you enter a bank, you walk out with an amortization schedule. As in the bank, you walk out when you have agreed that every 30th of the month you must pay. So it is certain. It is not any doubt. You've signed that whether it rains, whether it's sunshine, whether there is what you will pay. So it is certainty. Yet a young business you're starting, it is probability. You might do research, but we know that all research always misses out something. That's why you see, after doing research, people do research and refer to your research and find blank things in your research. What do I mean? That when you start a business, you might actually think that this is the best product and it is in the right location. But then you struggle with the employees or you struggle with the suppliers. So suppliers, probability. Employees, probability. And they can kill the thing. So because a young business, we do not know. We are under probability. Yet alone, we are under certainty. So probability cannot be matched with certainty. That's why we only tell people to borrow when the business has reached a level of certainty. We know the right product, we know the right location, we know the right employees, we know the right operations. So when we borrow money, we know that when we borrow this money, we are buying this product because our customers want this product. We are certain. So we just borrow to buy a product which has given us the certainty to answer the certainty of the law.