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One of my values is only buying things I can afford. I have a very strict no-debt mentality and have always purposed to live within my means.
When it comes to business, I’ve always been bootstrapped. I don’t like the idea of selling equity or ownership. By taking on an investment, I would have a sense of obligation to an investor because they are expecting a return.
I’ve already decided not to take on investors. That’s all well and good. But what if someone wanted to donate money no strings attached? Here’s where it gets interesting: someone has expressed such an interest.
Nothing’s official and no actual offer has been made. I haven’t accepted or received anything. But the possibility of it brought up a very interesting discussion. What is the different between an investment and a donation? Should I accept a donation? How would a donation change things? Should it change things? What if it was anonymous?
One of the things I came to realize is that when you follow The Overlap Technique and Relationship Marketing, you are putting value out into the world. It’s easy to get so caught up in the giving that you don’t know how to receive. The conversation in this episode was insightful to say the least.
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