I know the heading looks sensationalist but read on to see what I mean exactly.
In my journey towards financial independence I have read books and am on my to find entrepreneurial spirit. In some of these books this has been covered.
There are both sides of even the bad aspects mentioned above. Everyone tries to steer away from above but a well informed entrepreneur steers towards them. 
There are 2 sides of the above i.e.:
-Good debt and bad debt
-Good expenses and bad expenses
-Good losses and bad losses
In this post we look at the first one
Generally as an entrepreneur good debt takes you to a better financial state (makes you richer) while bad debt makes you poorer. An entrepreneur who has ideas greater than his resources is never debt free.
Here is a little debt advice to make you richer.
As a business owner the business is your asset. Supposing you use it as security to obtain a loan that you use to buy rental property whose monthly payments by the tenants to you are higher than the loan repayments to the bank.This means that after expenses the rental property makes you richer.
Lets bring in the figures.
Suppose the business brings in a net income of $2000 (like Ksh150k) then you can afford to get a loan where the repayments are around $1000. Suppose that the loan is for $100000 repayable at $1000 from the second month (after interest). With this money you obtain a rental property where the tenants pay you say $1500 monthly. Let’s say that the maintenance cost for this property is $100 every month and the taxes on the property is $100. This means that the total repayments you have to offset are $1200(monthly loan repayments + maintenance for the property+ taxes). Deducting this from the monthly rent of $1500 you see that the net income is $300.
In this case the loan you took is a good debt. So in stead of looking for debt solutions why not look for ways to use it for your benefit
{Do your research on the property and taxation first as they differ from country to country. The above is a hypothetical example}
As for the bad debts, everybody knows about them
The credit facilities that a businessman offers to his customers who then go broke and cannot pay
The loan a bank gives out to a person and for one reason or another he cannot pay e.g. bankruptcy
here is a little more on bad debts
The next post will cover good and bad expenses
What do you think of these definitions of debt?
Your comments questions and criticisms are needed 
