Should I use a loan to finance my Shopify Business?

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No… 

Oh I am sorry do you want more? To start most of these businesses are not needs based businesses. Meaning the behavior of your customers are too unpredictable to depend on. Secondly what if the platform changes? Or what if the digital method of converting customers change? The answer is no, it is not “you never know!” Dumbest platitude you hear about businesses that are not needs based operations. Just no do not loan finance your business. 

Here is how a $1,000 loan looks in these common repayment time frames from a bank at an interest of 25% compounded monthly:

I = J/M  .25/12 = 0.02083333333333333333333333333333 

PV= 1,000

N= 12 per year. 12 * 1 , 12 * 2 , 12 * 3 

PV * (I+1) ^ 12

PV * (I+1) ^ 24

PV * (I+1) ^ 36

  • 1 year of the loan principal unpaid, $1,280.68
  • 2 years of the loan principal unpaid, $1,640.14
  • 3 years of the loan principal unpaid, $2,100.50 (Three years to double the principal amount) Is it clear this is a scam?

Do not start a recreational business on a small business loan, capital or anything else.Don’t even put it on a credit card. I am serious! Unless you want to lose your business, go bankrupt or any other wonderful thing. Do not do it!

I wish I could go to the lady who was starting my bank loan application in 2015 for a business I should not of wanted and yelled “NO!” in her face for even suggesting it. Web Marketing businesses are terrible to take a loan out on. I’ve met small business owners in Canada who think their Facebook page is their website. Plus people are kind of going the do it yourself direction. So I was aiming for an outdated profession. 

Do not start with debt or capital. Start with a hobby and grow organically! Financing a creative, or hobby business is actually a lot like financing a bachelors in Art. Just do not do it! Waste of money & time. 

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Soundcloud launch, Diana Skye and Ashton Deroy discuss dating and politics.

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https://soundcloud.com/ashton-deroy/my-girlfriend-went-psycho-feminist-what-do-i-do

Andrew Anonymous letter to Diana Skye

This was recorded publicly with Diana on the phone. Some recordings in this show were a skit. This first recording is intended not to offend only to entertain and persuade to Left ideologies. If you have an issue with it, there is always Tumblr! 

Significant events: Start of the show we read a letter about a crazy Social Justice Warrior who is stressing her boyfriend out. 12 minutes in Diana deals with her mom interrupting work. 15 minutes in Diana refer’s Mike Harrison’s reign on indiscriminate and under strategic cuts. 22 minutes Diana says if you kill animals in another country, it doesn’t make you okay to the markets where you are cruelty-free. 33 minutes in we talk about how we can’t progress when people are still viewing the police as one-dimensional prejudice people with guns. 39 minutes we talk about how Sears wasted money and how student accountants need to learn to communicate and serve others.  

Ashton Deroy: In my opinion significant others who have drastic identity changes that randomly cause stress in your recreation or family events. It is time to say goodbye! There is a difference between fighting oppression and being obnoxious. People who tend to jump around identities tend to do it more than once and cause multiple stresses. As far as Doug Ford goes, I am more likely to support the incumbent than someone who makes cuts that only hurt the bottom earners in the population. 

Diana Skye: If your significant other does not respect you, it’s time to let them go. You deserve much better. As for Ontario politics, people really need to think about what they want. Doug Ford may be saying all the right things, but whether he will do them as premier is another story.


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