Admit You’re in Trouble – The Surprising Power of Transparency
In the world of financing, tough situations are unavoidable. Deals often come with complications—“hair,” as we call it—and it’s tempting to brush those issues aside, hoping the prospective lender or investor will focus on the future instead. But here’s a lesson learned from decades of experience: addressing challenges head-on isn’t just the right thing to do—it’s the smart thing to do.