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Building a Business Without Losing Sight of Your Personal Finances with Michael Rangel
Starting a business can be exciting, but managing the money behind it can be one of the biggest challenges. In this episode of Marci Talks Money (and Life), I talk with Michael Rangel, founder of Novo, about entrepreneurship, small-business finances, and the financial realities of building a business.
Michael shares what he learned from building Novo, including the importance of cash management, the challenges of raising money, and why entrepreneurs need to understand that success can bring its own financial and business problems.
We also discuss the balance between building a business and…
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