Not Your Average Financial Podcast™

Think different about your money, your economy and your future. Be curious. Be stable. Be sane.

Episode 335: [The Periodic Table of Abundance] No.6 Building a Better World through Business Ownership, Tax Strategy and Giving

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In this episode, we ask:

  • What about more tools in your tool belt?
  • Have you listened to the previous episodes in this series?
    • Would you like to hear Episode 330: No.1 Scaling Up and Overcoming Adversity?
    • Would you like to hear Episode 331: No.2 Money Team, Family Finance and Estate Planning?
    • Would you like to hear Episode 332: No.3 Liquidity and Cash Flow?
    • Would you like to hear Episode 333: No.4 Secrets of Leverage with Insurance and Banking?
    • Would you like to hear Episode 334: No.5 Achieve Your Ultimate Potential with Investing and Real Estate
  • What did Robert Kiyosaki say in the book Cashflow Quadrant about business ownership?
    • What are the downsides of being an Employee?
    • What about the Small Business Owner?
    • What about the Business Owner?
    • What about the Investor?
  • Where is the risk?
  • Who can set their own income?
  • Who will get your business?
  • What you like to hear Episode 177?
  • What happens when you make more money in your business?
  • What about tax strategy?
  • What about incorporating your business?
  • What about research and development credits?
  • What about hiring?
  • What about the U.S. Debt Clock?
  • Who has something saved?
  • Where is Congress going to get the money?
  • How does income affect tax in retirement?
  • What did Doug Peacock say?
  • Would you like to hear Episode 86 and Episode 87?
  • What happens when you give to charity?
  • What can boost your abundance?
  • What about the law of expectations?
  • What about a feedback loop of abundance?
  • How do you choose the charity to support?
  • Would you like to visit charitywatch.org?
  • Would you like to visit givewell.org?
  • What about the power of collateralization?

Episode 327: [Client Spotlight] Brant Greathouse – Create a Business That Makes a Difference

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In this episode, we ask:

  • How do you deliver value and excellence to everything you do?
  • What about Tom’s shoes?
  • Who is Brant Greathouse?
  • What is one of Brant’s earlier memories with money?
  • What shifted in Brant’s heart?
  • What about being closed fisted or open handed?
  • What shifted in Brant’s mind?
  • What about a purpose that is larger than ourselves?
  • What about stewardship?
  • What about risk and discomfort?
  • What about managing risk?
  • What about influence?
  • What about tools?
  • What is a 162A plan?
  • What is an executive bonus plan?
  • How does a business owner support the employee’s growth?
  • Would you like to hear Episode 177?
  • What part of the IRS code does the 401(k) come from?
  • What kind of employee do we want working at our business?
  • What is phenomenal?
  • How does one build a strong and flourishing team?
  • What about more advanced options?
  • What is the current average cost of a single family home in the U.S.?
  • What about serving people in a more meaningful way?
  • What are the takeaways?

The topics presented in this podcast are general information only and not for the purposes of providing legal, accounting or investment advice. On such matters, please consult a professional who knows your specific situation.


Brant Greathouse brings with him more than fifteen years of extensive business experience, ranging from President and Chief Executive Officer of a privately-held marketing company, building a real estate investment company that offers turnkey investment strategies for residential housing in Texas and Tennessee. Brant brings experience in market evaluation, property analysis, property and business management systems, due diligence, finance, and more. Brant graduated from Abilene Christian University with a Bachelor’s of Arts Degree and a minor in Business Finance.

 

His expertise has led him to do over 250+ real estate transactions since 2009, including Manufactured Housing Communities, commercial developments, and single family homes. Brant’s foresight to the opportunities available in the affordable housing niche have led him to become the CEO and co-founder of True Star Capital, which specializes in the acquisition, operations and sales of manufactured housing communities. Naturally almost all of the previous real estate investment experience coupled with the success of two manufactured housing funds and learning from the top people in the industry gives Brant a high level of experience and expertise, for Acquisitions and Management of the portfolio of Manufactured Housing Communities that True Star Capital is investing in.

His duties for True Star Capital’s Portfolio focus on (i) Overseeing the management of any Company holdings. (ii) The sale of Company holdings. (iii) Developing a mobile home buying program that will be utilized to infill communities owned by the Company. (iv) Overseeing the development, design and implementation of the marketing strategy; and (v) the overall strategy and plan for client experience and satisfaction.

Episode 319: The Genius of Business Franchising with Marty Greenbaum

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In this episode, we ask:

  • Who works as a W-2?
  • Who wants control over their own business?
  • What are the benefits of franchising?
  • Who is Marty Greenbaum?
  • How about a case study?
  • What about junk?
  • Who needs experience first?
  • How about regional territories?
  • What’s good about franchising?
  • Who works with Marty?
  • Where did Marty’s passion come from?
  • How many franchises are there in the U.S.?
  • Is this applicable to your business?
  • Who is in the business of royalty collection?
  • What about a vested interest?
  • What are the advantages to a franchise business model?
  • Who are the right kinds of people for franchising?
  • What about an example?
  • What are the attributes of the top performers?
  • Who is a good candidate?
  • Who gets awarded a good franchise?
  • What are the mistakes or pitfalls to avoid in franchise purchasing?
  • What about the legal standpoint?
  • What about the due diligence?
  • How is the territory determined?
  • What about speaking with existing owners?
  • What about mitigating risks?
  • What about franchise financing?
  • What about range?
  • How long does it take to get cash flow positive?
  • Are banks the final resting place for many businesses?
  • How does Marty get paid?
  • Would you like to visit smartfranchiseinvesting.com?
  • What about industries?
  • What about brands?
  • What about thorough due diligence?
  • What are the right questions?
  • How are you going to buy this thing?
  • What about Bank on Yourself® type whole life insurance?

Marty Greenbaum is a top franchise consultant with over 30 years of experience in franchising. He served his family’s franchise opening hundreds of locations and then grew an extremely successful marketing agency in franchising helping brands achieve their goals. He’s a Certified Franchise Executive and Founder of Smart Franchise Investing and is dedicated to helping people make smart decisions when it comes to franchise ownership. He’s helped hundreds of people explore franchise ownership, serving them as a franchise consultant, educator, and matchmaker. Email Marty at marty@smartfranchiseinvesting.com

Episode 314: Business Formation Strategies with Cheri Hill

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In this episode, we ask:

  • Have you seen any of our videos on Youtube?
  • Who did Mark want to be like, when he was a kid?
  • What did Mark do to his hair?
  • Ever heard of “Barber on Yourself”?
  • Who is Cheri Hill?
  • Who wants to start a business?
  • Who wants to grow a business?
  • Who wants to exit a business?
  • What is Sage International?
  • How many companies have they set up?
  • What are the common themes that make or a break a business success?
  • How can Cheri tell whether someone will succeed or fail?
  • What about a solid foundation?
  • Who are the right people?
  • What does a day look like for Cheri?
  • What happens in the initial conversation?
  • What is the right entity?
  • What documents do they need?
  • Who does Cheri work with?
  • How about a horror story?
  • What about being proactive?
  • What is entity formation?
  • What about a LLC?
  • How does one protect streams of income?
  • What about a corporation?
  • What about tax elections?
  • How do I pay myself?
  • What about payroll?
  • What about becoming a W2 employee?
  • What about quarterly estimated taxes?
  • What is the goal?
  • How are C-Corps different?
  • What about relocations to different states?
  • What about 1031 exchanges?
  • What is Cheri’s goal?
  • What makes sense?
  • Would you like to call Cheri to schedule a conversation? 1-800-254-5779
  • Would you like to hear the Cheri Hill show?

Cheri S. Hill, “Wealth Protection Diva” has been a successful entrepreneur/business owner/premier business strategist for the past 30 years as President & CEO of Sage International, Inc., a company honored to play a consistent role in supporting the economic engine driving this country – small business – the backbone of America. Cheri has mastered the art of teaching entrepreneurs how to effectively start, grow and exit a successful business. She’s personally worked with thousands of business owners, entrepreneurs, real estate investors, professionals, and nonprofit founders by putting a solid foundation under each of their dreams. She knows that to win in business you need to be tough, think big and become skilled. As a gutsy successful business owner and sought-after creative mentor to many, she loves to give back!

Episode 303: Expert Panel on Bank on Yourself® Client Stories

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In this episode, we ask:

  • What is even better than a five star review?
  • Who needs to hear this?
  • What book does Stephen recommend?
  • What did Stephen’s clients learn?
  • What did Dan’s client do with his cash value?
  • What were Mark’s clients able do with their modest policies?
  • What did Grant’s business owner client do?
  • Who wants to have control of their money?
  • Why would a business owner choose to do a Bank on Yourself® account strategy for their employees?
  • What about emergencies?
  • What happens with 401(k)s when losing an employee?
  • What about taxable accounts?
  • What about tax free money?
  • What about giving the family something more valuable?
  • What are the benefits?
  • Do employees love it?
  • What happened with John’s business owner client?
  • What about the challenge to get the funding for business expenses?
  • What’s the update with this client’s retirement?
  • Who wants more policies?
  • What is so powerful to understand about WHOLE LIFE insurance?
  • What do you need today? tomorrow?
  • Would you like to hear Episode 86 and Episode 87?
  • What did Amanda do?
  • Who pays tax via policy loans?
  • What about self escrow?
  • How much did Amanda’s client save in fees while doing self escrow with policy loans?
  • What seeds did Sarry’s client plant for the future?
  • What about Mark’s client’s family example?
  • What about thinking outside of the box?
  • Where is it written that you have to put all of your chips on red or black to meet your financial goals?
  • What are the takeaways?
  • Would you like to connect on the FREE Not Your Average Financial Community at notyouraverage.mn.co?

This episode features a round table of
select Bank On Yourself® Professionals, including:
John Ensley (Puget Sound, WA),
Sarry Ibrahim (Chicago, IL),
Dan Morris (Daytona Beach, FL),
Amanda Neely (Cincinnati, OH),
Brandon Neely (Cincinnati, OH),
Stephen Step (Los Angeles, CA)
and Grant Thompson (Amarillo, TX).

 

Episode 289: [Client Spotlight] How to Be a 10-Hour Entrepreneur with Jason Duncan

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In this episode, we ask:

  • Have you ever seen a log jam?
  • Are you the log jam?
  • Who is Jason Duncan and what is his story?
  • What happened in 1995?
  • What happened in 2010?
  • How many hours do you have to work?
  • Does entrepreneurship provide freedom?
  • What’s the difference between an Owner Investor and an Owner Operator?
  • What is the mindset shift?
  • Are you building a job?
  • Are you the hero?
  • How did Jason find out about the Bank on Yourself® concept?
  • Who did Jason have lunch with?
  • How does Jason feel about banks?
  • What happens when you get access to the capital you need?
  • What about making an impact?
  • Who can make an impact without access to money?
  • What about generational wealth?
  • What’s the story about Alfred Nobel’s obituary?
  • How will you be remembered?
  • What happens to your estate when you pass away?
  • What is the mission bigger than yourself?
  • How will you make your lasting impact happen?
  • Would you like to learn more at therealjasonduncan.com?

Jason Duncan is the founder of The Exiter Club. He is the host of the Root of All Success podcast. He loves riding motorcycles and camping in his RV. Learn more at therealjasonduncan.com.

Episode 286: Policy Loan Interest Rates are Rising… Party at My House!

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In this episode, we ask:

  • Who needs to hear this?
  • Where else can you get an asset that grows every single year?
  • What did Pamela Yellen say?
  • Would you like to take her up on the challenge?
  • Where is the loan coming from?
  • What are the benefits?
  • What about getting the money out tax free?
  • Why does the insurance company charge interest in the first place?
  • How much interest do you have to pay on a policy loan?
  • When do you owe the interest to the insurance company?
  • What are the tax benefits of loan interest?
  • When you take out a loan against a life insurance policy, don’t you have to pay the interest back?
  • What about taking out your very first policy loan?
  • Why are rising interest rates a good thing for policy holders?
  • What is the difference between simple and compound interest?
  • What about calculating loan interest in arrears?
  • What about an example?
  • How is this different from an annual percentage rate or APR?
  • What is the actual cost of the loan?
  • What really matters?
  • What is the cause?
  • What is the effect?
  • What about another example?
  • How did Mark get that number?!
  • Is your policy continuing to grow?
  • What can you reasonably expect?
  • How are Bank on Yourself® type life insurance policies designed differently from other life insurance policies?
  • Who can properly design Bank on Yourself® type life insurance policies?
  • Are your policies designed properly?
  • Is the devil in the details?
  • What about non-direct recognition policy loans?
  • Who is breaking compound growth?
  • Would you like to meet with Mark or a colleague of Mark’s?
  • Who charges us interest?
  • Who gets access?
  • What grows?
  • What is the insurance company doing?
  • What is going on with loan interest rates?
  • What are the responsibilities of the insurer?
  • Would you like to hear Episode 128?
  • How might the insurers make the best choices for their owners?
  • What does the contract state about policy loan interest rates?
  • How is the rate calculated?
  • What is the actual APR?
  • What about variable rates?
  • How are life insurance policy loans different from other types of loans?
  • What are the key differences for life insurance policy loan rates?
  • Will the policy lapse?
  • What happens when the rates rise?
  • Why is Mark thrilled?
  • Will your policy grow faster, too?
  • What about a hypothetical scenario?
  • Does this translate into higher profit distributions?
  • How does this affect cash value?
  • Does a Bank on Yourself® type life insurance policy still work if you don’t take policy loans?
  • What are the benefits?
  • What do policy owners receive?
  • What happens when you pay down a policy loan?
  • What options do you have?
  • What happens with an outstanding policy loan balance upon the insured’s death?
  • How is your policy helping to add security and confidence to your future?

Episode 285: Recovering from a $50M Loss with Rod Khleif

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In this episode, we ask:

  • Who is resilient?
  • Who is Rod Khleif?
  • What’s Rod’s story?
  • How many layoffs are expected?
  • What did Rod’s mom do?
  • What does Rod do today?
  • How did Rod build his real estate portfolio?
  • How is it all about cashflow?
  • Would you like to view rodslinks.com?
  • What kills cash flow?
  • Will the gravy train last forever?
  • What did Rod not pay attention to in 2006-2008?
  • What happened?
  • What about bridge debt?
  • Who is in trouble?
  • What about liquidity?
  • Who is fearful?
  • Who is excited?
  • What about the comfort zone?
  • Are you a leader?
  • Where is your focus?
  • What happens when you pay attention?
  • What about the word appreciation?
  • What about gratitude?
  • How does gratitude affect your health?
  • What about making a decision?
  • What about taking a step?
  • Would you like to explore Rod’s course?
  • How are you adding value?
  • How does one learn the audience?
  • What can we do to improve?
  • What are some of the conferences Rod is attending?
  • How does mindset affect outcomes?
  • What have you failed at this week?
  • What are you afraid of?
  • What are you going to do next?
  • What did Rod build?
  • What about goals?
  • What about feeding families?
  • Who is giving back?
  • What is fulfilling?
  • Who is giving back?
  • Would you like to share this episode? hello@nyafinancialpodcast.com
  • Would you like a 15-minute meeting with Mark?

Rod Khleif is a business owner and philanthropist who is passionate about business, high performance, real estate and giving back. As one of the country’s top real estate and peak performance luminaries, he has also owned over 2,000 properties.

Rod recovered from losing $50 million dollars in the crash of 2008 to the success he enjoys today. Rod brings incredible authenticity and insight to his approach to real estate, mindset, success and life. Rod also founded The Tiny Hands Foundation, which has benefited more than 130,000 children in need.

Episode 282: Nearly All of the Places Money Can Live with Mark and Katrina Willis

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In this episode we ask:

  • Are you missing out?
  • Would you like to subscribe?
  • Join the FREE Not Your Average Financial Community to receive a notice about this year’s dates!
  • Would you like a 30,000 foot flyover of financial choices?
  • Where might you park your money?
  • Where does your money live?
  • Why does this matter?
  • What are the pros?
  • What are the cons?
  • What were the news cycles saying in May 2022?
  • What about cash?
  • What about checking?
  • What about savings?
  • What is great about cash?
  • What are the downsides of cash?
  • What about inflation?
  • What about certificates of deposit (CDs)?
  • What about bonds and bond funds?
  • What about precious metals?
  • What about crypto?
  • What about term life insurance?
  • How about fixed annuities?
  • What about variable annuities?
  • What about dividend paying stocks?
  • What about stock buy backs?
  • What about common stocks?
  • What about tech stocks?
  • What did DALBAR say?
  • What about ETFs?
  • What about TDFs?
  • What about qualified plans, like 401(k)s?
  • What about real estate?
  • What about indexed universal life insurance?
  • What about variable life insurance?
  • What about business and K-1 partnerships?
  • What about Bank and Yourself® type whole life insurance?
  • What about all time record highs?
  • Is it an “either/or”?
  • Is it a “both/and”?
  • What are Mark’s takeaways?
  • Would you like to hear Episode 187?
  • Which of these tools were surprised about?
  • What did you learn? What are your takeaways?
  • Would you like to meet with Mark?
This is a segment from our 2022 Not Your Average Financial Summit. If you enjoy this presentation, and are interested in all of the slides and resources, consider joining us this autumn for the 2023 Not Your Average Financial Summit!

Episode 279: PREDICTION! Bank On Yourself® Hits Another All Time Record High

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In this episode, we ask:

  • What is new?
  • What are some strategies?
  • Will the sun rise again?
  • What did Steve Jobs say?
  • Is it hard to know?
  • What will the stock market be doing at the end of this year?
  • What about volatility?
  • What about mortgage rates?
  • What about inflation?
  • How will your business perform?
  • Who is impressing Mark to no end?
  • What about a seven figure business?
  • What are the market shifts?
  • What is happening to his margins?
  • What about being reliant on W-2 income?
  • How do people tend to prepare for an uncertain future?
  • What about stocks?
  • What about Disneyland?
  • What about Goofy’s Sky School?
  • What about going up?
  • What about going down?
  • What about going left?
  • What about going right?
  • What about sitting on a roller coaster for 35 years?
  • What about returns?
  • What about constantly breaking compounding?
  • What was the experience of an average speed?
  • What about slamming on the breaks?
  • What happens when it loses 35%?
  • What about an example?
  • What happens in business?
  • How does age play into this?
  • Does the market care?
  • When do you want your money growing at its most efficient?
  • When are your best money years?
  • What about inflation?
  • Can you earn an income?
  • What about your least efficient years?
  • Wouldn’t it be great if you could get better gas mileage?
  • What if the software could be faster?
  • What about a linear return?
  • What about averages?
  • What about Bank on Yourself® type whole life insurance?
  • Can you do better investing in the stock market?
  • Is this an attractive alternative?
  • What about illustrations?
  • What about the rate of return?
  • What about the “average” returns of the stock market?
  • How does real compounding really work?
  • What about some examples?
  • What were these policies designed for?
  • What was the “average” rate of return on this sample?
  • How long have these been in force?
  • How much was that increase?
  • What about annualized internal returns?
  • What about savings account?
  • What about stock market returns?
  • What about crypto?
  • What about real estate?
  • What about anything else?
  • What about term insurance?
  • What about whole life insurance?
  • What about the increase in his cash?
  • What is the annualized yield?
  • What about the contributions?
  • What did a skeptical client ask?
  • How can I do more?
  • What about the policy ceiling?
  • What about predictable guarantees?
  • What about results?
  • What happens as a life insurance policy ages?
  • What about the unforeseen curve balls?
  • What will happen?
  • Will you get a pay raise?
  • Will you get laid off?
  • Will your policy get more and more efficient every year?
  • Will your policy hit an all time record high?
  • What is Mark’s prediction?
  • Can you lean on the guarantee?
  • Who are you working with?
  • Is your current financial planner willing to sign their name next to a minimum guarantee?
  • How can that be called a plan?
  • Will your policy hit another all time record high this year?