Episode 388: Bank on Yourself® for Business Owners, An Introduction
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?
Not Your Average Financial Podcast™
February 7, 202520m 22s
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Show Notes
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?
