Josh Malang's company took on several hundred thousand dollars in debt
Josh Malang · He Sold $400k Business for $1.5m Then Reinvested Everything into New Business · Feb 28, 2021 · at 13:51
Josh Malang explains how he funded operational deficits after selling his agency's recurring revenue stream.
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“Several 100,000, you know, to kind of, to fill in the gap of that, we weren't like sitting on a pile of cash or anything like that.”
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“We actually generate about a 120,000 revenue in our first month with a channel partner.”
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“So we, we'll carve off about 30% of that.”
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