What They Dont Teach You At Stanford Business School

Stuff you can't learn in B-school: LARRY CHIANG

Hack Your Startup Credit Rating

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Congratulations, founder! You’ve got a functioning site, a splash of capital, and a game plan for revenue — or maybe it’s a treasure map. Hopefully you’re on your way to achieving some personal liquidity, either through cash flow, or perhaps by selling some equity in your business. But I’m willing to bet that it’s more likely that you’re about to double-down on your startup and layer-up the debt. Either way, I’ve prepared for you an entrepreneur’s guide to amping up your personal credit rating — even in the midst of the current “credit crisis” at commercial banks on Wall Street.

Trust me, as your business develops, and your need for capital grows (and it will) hacking your founders’ credit rating could be increasingly valuable to your startup.

I’ll start with some speed bumps that can damage your credit rating.

View original post 636 more words

Written by Larry Chiang

October 1, 2013 at 4:39 am

Posted in Uncategorized

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