Not Your Average Financial Podcast™

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Episode 388: Bank on Yourself® for Business Owners, An Introduction

https://media.blubrry.com/nyafinancialpodcast/content.blubrry.com/nyafinancialpodcast/NYAFP_Episode_388.mp3

February 7, 2025 by Not Your Average Financial Podcast

https://media.blubrry.com/nyafinancialpodcast/p/content.blubrry.com/nyafinancialpodcast/NYAFP_Episode_388.mp3

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In this episode, we ask:

  • Would you like to learn more about capital for running a business?
  • How does the Bank on Yourself® concept advantage business owners?
  • What happens when entrepreneurs blow through their savings and money?
  • What’s the funny thing about other people’s money?
  • How many businesses have borrowed?
  • How much debt do businesses hold?
  • Why do most businesses fail?
  • Why are banks hitting record profit?
  • What is the takeaway message here?
  • What if you could take on the function of banking without taking on all of these hurdles?
  • What is the biggest lever you could pull?
  • What do many business owners need in today’s climate?
  • What about term insurance?
  • What about dividend paying whole life insurance?
  • What can be seen as a business asset on your balance sheet?
  • What would you do if you had access to $500,000, liquid?
  • What are you solving for?
  • What about the exit plan?
  • What about the loan feature?
  • What will continue to earn compound growth?
  • What could this do for you in your business?
  • Who sets the terms on the loan?
  • What about the tax advantages?
  • Who taught you to believe that?
  • What’s the biggest catch?
  • What are the problems?
  • Why is it crucial to work with a Bank on Yourself® professional?
  • What are the questions to pursue?
  • What would be your first steps?
  • Would you like to meet with Mark or one of Mark’s associates?

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