Business Owners

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

January 27, 2023 by Not Your Average Financial Podcast

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

January 6, 2023 by Not Your Average Financial Podcast

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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?

Episode 278: Overcoming Imposter Syndrome with Brian O’Neill

December 30, 2022 by Not Your Average Financial Podcast

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In this episode, we ask:

Do you need new skills?
What about the tools?
What skills might it take to be a good and successful employee?
What does it take to become a business owner or entrepreneur?
Who is Brian O’Neill?
What does it feel like to quit your day job?
What was the message Brian internalized?
What happened when Brian had a son?
What did Brian’s son say?
What did Brian say to his wife?
When did Brian end his W-2 job?
What about anxiety?
What is the imposter syndrome?
What about the fear of success?
Have you read the book, Mindset by Carol Dweck?
Who has made errors?
What hurdles did Brian overcome?
Where is the true risk?
What are some of the practical things Brian has engaged?
How was a Bank on Yourself® type whole life insurance policy life changing for Brian?
What about health insurance?
What about tax?
Is your boss in a parental role?
How might you rely on yourself?
What happened when Brian told his son about his Bank on Yourself® type whole life insurance policy?
What is the strong reason?
What will it look like if…?
What is Brian up to?
Would you like to learn more at w2prisonbreak.com?
Where is the most risky place to be, in terms of your income?
Would you like to join our FREE Not Your Average Community?

Brian O’Neill is an experienced real estate investor, author, speaker, coach and podcast host. In his real estate business, he specializes in creative finance strategies for purchasing properties, offering flexible solutions for both buyers and sellers.

Brian spent 25 years in corporate sales, stuck in a job he didn’t like and being away from his wife and young son. After decades of trying, Brian was finally able to break free and start his own real estate business and now he helps other aspiring entrepreneurs in similar situations
break out of their W2 Prisons through his coaching program and his podcast – The W2 Prison Break Show.

Brian has experienced many challenges and roadblocks in his life and has had lots of help from family, coaches, and mentors along the way. Providing the highest value to his clients to help them realize their dreams is something that drives him on a daily basis.

Episode 276: [Client Spotlight] Real Estate Self-Syndication with Philip Harris

December 16, 2022 by Not Your Average Financial Podcast

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In this episode, we ask:

Is this what you expected?
What happens when you want to buy out your partners?
Who is Philip Harris?
How did Mark and Philip meet?
What was Philip’s first memory of real estate and real estate investing?
What about commercial real estate?
What about residential real estate?
What is Philip’s background?
What did Philip learn from mentors?
Where do you get your energy from?
How did Philip learn about infinite banking?
What about syndication?
How does Philip engage infinite banking / the Bank on Yourself® concept to buy real estate?
How is Philip “syndicating on himself”?
What is syndication?
What are the responsibilities?
What about passive vs. active?
How did Bank on Yourself® factor in to Philip’s strategy in the earlier years?
What are the additional benefits?
Why is this a good fit for Philip?
What are the headaches?
How does Philip’s engineering expertise drive his interest in whole life insurance?
How is boring actually exciting?
What are the goals?
What are the limits?
What about income replacement?
What about diversifying into various property types?
What did Philip realize?
What about eliminating the lender?
Why turn to a lender?
Will Philip become the lender for other borrowers?
What advice does Philip have?
What is prosperity?
Would you like to reach out to Philip at philip_harris@terrabonainc.com?
Would you like to join the Not Your Average Financial Community?
What could you do?

Philip Harris, a native of Texas, leveraged a B.S. in Computer Science & Engineering and MBA in Finance into a corporate career of 25 years in Computer Engineering and Support as well as Executive Management. Retiring in 2013, he began pursuing a new career as a commercial real estate investor, after studying under several mentors. Philip initially syndicated three multifamily deals but has since chosen to pursue his fourth (and soon-to-be fifth) deals on his own using a self-banking system and benefits from that approach.

Episode 275: [TOOLBOX] The Rare Commodity of Thinking and How to Do It

December 9, 2022 by Not Your Average Financial Podcast

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In this episode, we ask:

What are the actual steps of thinking?
Do you have a process for your thoughts?
Do we already know it all?
How does one reverse engineer?
Have you read The Road Less Stupid by Keith Cunningham?
Would you like to avoid the arrival syndrome?
What can we improve?
How much money would you have in your hands right now, if you could unwind the worst three financial decisions you’ve ever made?
What about doing fewer dumb things?
What about reading and thinking?
What is the skillset?
What about taking 30-45 minutes centered around a high value question?
What about pain avoidance?
What are the core disciplines?
Could we all become a bit better at thinking?
How many arguments might we avoid?
How much would it improve our BMI or waistline?
How about adding zeros to your net worth?
What is the unasked question?
What is the right answer?
What is the real problem?
What about the right question?
How might I ______ …. so I can _________ … ?
Would you like to hear Episode 122?
How might you separate the problem from the symptom?
What are the biggest problems?
What about adventures in missing the point?
How is the root problem different from the symptom?
- What are the possible reasons I’m noticing this symptom?
- What is not happening, that if it did happen would cause the perceived gap to narrow or disappear?
- What is happening, that if it stopped happening would cause the perceived gap to narrow or disappear?
Is this an easy task?
What about brutal honesty and penetrating questions?
What about checking your unexamined assumptions?
Where have I been substituting my opinions for real facts?
What do I not see?
What about considering the second order consequences?
- What is the downside?
- What is the upside?
- Can I live with the downside?
What about examining the unintended consequences?
What about creating the machine?
What about the change that will close the gap?
What about getting closer to our desired outcome?
What about a new strategy?
How might you use the skill of thinking to your advantage?
How might you get to the root and take decisive action?
Will you sit down by yourself and think?
Would you like to meet with Mark?

Episode 274: What Your Money is Trying to Tell You with Marty Smith

December 2, 2022 by Not Your Average Financial Podcast

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In this episode, we ask:

Would you like to hear a very special presentation?
Is dividend paying whole life insurance the best vehicle possible?
Who is Marty Smith?
How is Marty in the belief changing the business?
Is the bank the best place to store your money?
Is the 401(k) the best place for your retirement dollars?
Is the 529 plan the best way to pay for education?
Is financing your car through the dealership the best way to pay for it?
What happened at the SML officers meeting?
What might would we do instead of a 401(k)?
What happened?
Why did you buy a dividend paying whole life insurance policy?
Why should you buy a dividend paying whole life insurance policy?
What about Nelson Nash?
Did Nelson Nash own 45(!) dividend paying whole life insurance policies?
Why don’t people buy?
Do most of us live our lives unconsciously?
Is reality hard to see?
What about lies, half-truths, misdirections, etc.?
What did Socrates say?
How do you become conscious?
How do you become aware?
What about thinking?
What happens next?
What about the feelings?
What about the intuition?
What about the sensations?
What are the clues?
What about examining the suffering?
What is the solution?
Is there a better way to reach my financial goals?
Do I have to take as much risk as I am taking?
What about taxes?
What about regulation?
What about inflation?
Why did I buy dividend paying whole life insurance policies?
Why did you buy dividend paying whole life insurance policies?
Why should you buy dividend paying whole life insurance policies?
What did Pamela Yellen say?
Is there something better?
What was Marty’s profound, life-changing experience?
What are the four simple reasons?
What happens when you become conscious?
Who taught you to put money in the bank?
Is the money in your bank guaranteed to grow?
What about negative interest rates?
What about disability?
What about a death benefit?
How is a dividend paying whole life insurance policy different?
How important is a leveraged death benefit?
What about cash value?
How much does your life insurance actually cost?
What is the best retirement vehicle for your money?
What did the creator of the 401(k), Ted Benna, say?
What is almost the opposite of the 401(k)?
What about liquidity?
What about increases?
What about tax free death benefits to leave for your family?
What is the best financing tool available?
What about collateralization through policy loans?
What about the growth?
What about control?
What about loan payback schedules?
What is the power of banking on yourself?
What about the power of building wealth with each generation of your family?
What about denial?
What about the clues?
What about suffering?
What should we welcome?
What might we examine?
What about thoughtful, critical actions and decisions?
Is dividend paying whole life insurance the best product ever created?

Marty Smith is the Regional Vice President of Security Mutual Life Insurance Company of New York. He loves Infinite Banking and Bank on Yourself Concepts, Circle of Wealth, and Wealth & Wisdom. He believes that dividend-paying, cash-value whole life insurance is the greatest financial product that’s ever been created.

Episode 269: Now is the Time to Buy Your Future Income with Nick Ku

October 28, 2022 by Not Your Average Financial Podcast

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In this episode, we ask:

Are you busy enough?
What does F.I.R.E. stand for?
What about multiple streams of income?
What about intergenerational wealth?
Who is Nick Ku?
What is Nick’s career journey?
How did Nick discover Mark?
What is Nick’s side gig?
What about making it and the American dream?
What about diversification?
What about business ownership?
What about risk?
What about Bank on Yourself® type whole life insurance policies?
What about liquidity?
What about helping out family?
What about a trifecta?
What about business life insurance?
What about key man (key employee) life insurance?
What about the family system?
What about spreadsheets?
What about annuities?
What about peace?
What about thinking ahead?
What about being at the mercy of market timing?
What happens with market volatility?
What about retirement timing?
What amount do you need to live comfortably in retirement?
What about averages?
What about income generators?
What is the most efficient income generator that Mark can find?
What about age?
What about having fun?
What advice would Nick give someone just starting out?
What resources do you have access to?
Who has an excuse?
What about increasing your financial literacy?
Are annuities only for older people?
When do you want to start buying your future income?
What about income streams?
What about death benefits?
How does Nick intend to use his policy in the months and years to come?
What about the fear in the market?
What about tremendous opportunities?
How might one make their dollar work hard for them?
What about paying back policy loans?
What about compounding?
What is extraordinary?
Do you understand your why?
How do you find your why? How do you understand it?
Would you like to hear Episode 65?
How did Nick think long range?
Aren’t annuities just for older people?
What about being younger?
What about protecting your money from future market abuse?
What about additional benefits?
How are you thinking long range?

Nick Ku is a Brazilian Jiu-Jitsu and F.I.R.E enthusiast. He is a life long learner, navigating life with his wonderful and beautiful family. Nick has a passion for helping others.

Episode 262: Don’t Make This Hard! 13 Crucial Questions about Money with Doug Peacock

September 9, 2022 by Not Your Average Financial Podcast

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In this episode, we ask:

Would you like to join us for the Not Your Average Financial Summit in the afternoons on Friday, September 30 and Saturday, October 1?
Login or Join the FREE membership community to Reserve Your Spot!
Did you do what you were supposed to do?
Who is Doug Peacock?
What is Doug’s story?
Why does Doug work with the guarantees inherent in whole life insurance?
What are the 13 Crucial Questions?
Is it truly your money?
Do you know what the future value of that money will be?
What happened in 2008?
Does your money get to set a new time high, every day?
Would you like to hear Episode 197?
Does your current financial storehouse generate additional income for you?
Are you an owner?
Did people receive dividend checks in the Great Depression?
If you have unlimited access to your cash for your lifestyle needs or your business needs as much as you want?
Are brokerage accounts liquid throughout your lifetime?
What about home equity lines of credit (HELOCs)?
Can you leverage your money in your favor and still earn interest on it?
Can you control the repayment terms of the loan with your current bank?
What about employee retention and new hires?
Do you think taxes going up, going down or staying the same?
Do you want to pay taxes on the seed or the harvest? Do you want to pay taxes on a little or a whole lot?
Is a dollar worth more today or tomorrow?
What is the status of 95% of 65-year-olds, financially speaking?
Do you want someone else to hire away your best employee because of your benefits?
Do you want to pay more taxes?
Do you want the courts to tell everyone where your money is going after you die?
Do you want your competitor to be able to take advantage of opportunites that you cannot, because you couldn’t come up with the money?
Do you want some of money to be locked up when you try to leave your money as a legacy?
Do you have a guaranteed exit strategy from your business?
Is this hard?
Would you like schedule with Doug at peacockwealthgroup.com?

Doug Peacock spent 38 years as a high school teacher and football coach. He tried to retire the traditional/conventional path, and things didn’t work out like he was led to believe. He learned that other teachers and coaches were having the same conversation. Doug literally watched his 403(b) become a 203(b) twice in the last decade of his teaching career. He knew there had to be a better way, so he started learning how wealth really works.

Episode 259: The Top Ten Keys to Becoming Your Own Banker with Marty Smith

August 19, 2022 by Not Your Average Financial Podcast

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In this episode, we ask:

What is the most important business in the world?
Who is in the banking business?
Who is Marty Smith?
What about a Marty Smith trilogy?
Where has Marty and his wife been living for 46 years?
How long has Security Mutual of New York been in business?
What are the flagship products for Security Mutual Life Insurance Company (SML)?
What about Nelson Nash?
What about the death benefit?
What about building cash value?
What is a wonderful combination?
What is the biggest hurdle?
What about education?
How many days since the last paradigm shift?
What is the infinite banking concept?
What about the book, Becoming Your Own Banker by Nelson Nash?
Who was Nelson Nash?
What about Austrian Economics?
What about forestry?
How far into the future do you think?
What about real estate investing?
What about being a pilot?
How does money actually work?
How do you think?

What are the top ten keys?

1. What is the most important business in the world?

Banking

2. What is banking?

Where some one or organization controls a pool of money

3. What about the one pool of money?

It applies to everyone

4. What about the reality of financing everything you buy?

You either pay interest to someone
Or you give up interest you could have earned by paying cash

5. What about the alternate use of money?

Opportunity Cost

6. What is the real problem?

Paying roughly a third of income on interest, fees and charges

7. What about the need for finance?

Probably greater than the need for life insurance protection

8. What about better control over principal and interest for big ticket items?

Cars you own,
major appliances,
education,
housing,
down payment on a house,
investment opportunities,
business equipment and inventory

9. What about creating a system of finance?

Using dividend paying cash value whole life insurance
(NOT Universal Life (UL), NOT Variable Life (VL), NOT Indexed Universal Life (IUL))

10. What about a major paradigm shift? Do you understand how money works?

It requires a major paradigm shift
A personal wealth building strategy

What about the book Debt: The First 5000 Years by David Graeber?
Who do you want to be in control?
Would you like to hear a story?
Is banking a problem?
What is the solution to the problem?
What would change?
What about increased freedom and joy?
What about being financially independent?
What about a personal wealth building strategy that actually works?

Marty Smith is the Regional Vice President of Security Mutual Life Insurance Company of New York. He loves Infinite Banking and Bank on Yourself Concepts, Circle of Wealth, and Wealth & Wisdom. He believes that “dividend-paying, cash-value whole life insurance” is the greatest financial product that’s ever been created.

Episode 253: Everybody Else Has a Plan for Your Money with Brandon Neely

July 8, 2022 by Not Your Average Financial Podcast

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In this episode, we ask:

Is it possible to give what you have not received?
Who is Brandon Neely?
What is Brandon’s superpower?
What does Brandon suggest?
Why does Profit First matter?
What (who) is the biggest risk?
What (who) is the biggest asset?
What happened when Brandon and Amanda sold their coffee shop business?
What about closing or selling a business?
How do you position yourself to be in a better, healthy place?
What helps the resilience of a business owner?
Would you like to hear Episode 165?
What is the STILL method?
What is CHAOS?
How might we remove the chaos?
What are some practices?
What about goals?
What about tracking?
What about inspecting?
What about adjustments?
What about living deliberately?
What about everyone’s goals being different?
What about business owners?
What about real estate investors?
What about a 401(k)?
Does everyone have a plan for your money?
What about Bank on Yourself® type whole life designed policies?
What about tracking?
What about volatility?
Is the rate of return the real rate of return? Are you tracking?
Are you finding the truth in the fees?
What about budgeting?
Have you used YNAB yet?
Who has their head in the sand?
What is the definition of insanity?
Are there any do-overs?
Are you looking for 1% adjustments?
What about the expense challenge?
What about the hundreds of subscriptions?
What about incremental change?
What about the policies?
What about living deliberately?
What about action?
What about contemplation?
What about giving?
What’s the difference between the entrepreneurs and the wantrepreneurs?
What about refining your goals?
What happened with Brandon’s son?
Would you like to visit the stillmethod.com?

Brandon Neely is a serial entrepreneur, Profit First and Bank On Yourself Professional, and the co-host of Wealth Wisdom Financial Podcast with his wife and business partner Amanda. He and Amanda founded and managed Overflow Coffee Bar, L3C from 2008 through 2018. They learned a lot of what to do and NOT to do through that experience. They have since sold that business. Now, as financial allies, they share their experiential knowledge through podcasting and developing personalized financial strategies for individuals and profitability strategies for businesses. They continue to help clients implement the Profit First system as well as how to use a Bank On Yourself framework to grow their businesses and future. Connect with Brandon at Wealth Wisdom Financial via the STILL Method.

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