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Today, Wade is joined by Terry Hellenbrand, an exceptional guest with a unique journey from growing up in a family water conditioning business to becoming an innovative thinker and problem solver. Terry's unwavering curiosity led him to develop a groundbreaking solution for water treatment, defying conventions and proving that success often stems from questioning the norm. Tune in as we delve into Terry's inspiring story, exploring his passion for IBC and how he serves others through his distinct approach. This conversation showcases the power of challenging boundaries and forging your own path. Tune in today!
Episode Highlights 00:51 Terry's passion for Infinite Banking Concept (IBC) 02:54 Terry shares how his family built a successful business by continuously reinvesting their earnings back into the company. 05:06 He shares the process of selling his share of the company and plans to take some time off after exit. 07:46 Discussion about Terry's approach towards understanding his customer's needs by asking questions and listening to their issues. 09:11 Wade and Terry discuss future planning for financial security in businesses. 11:26 Terry shares a story about his father borrowing money from clients when banks wouldn't lend him money, emphasizing the importance of trust and relationship in business. 18:49 Discussion on why decentralized lending and borrowing can lead to better decisions as it's based on character rather than fear and greed of banking institutions. 23:57 Terry talks about how having money saved in his whole life policies allowed him to buy properties without needing a loan from banks. 35:28 Terry asserts that he has no plans to stop assisting clients in infinite banking, as he genuinely enjoys it. 37:10 Thinking outside the box for successful small business operations.
Episode Resources
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Today, Wade is joined by Terry Hellenbrand, an exceptional guest with a unique journey from growing up in a family water conditioning business to becoming an innovative thinker and problem solver. Terry's unwavering curiosity led him to develop a groundbreaking solution for water treatment, defying conventions and proving that success often stems from questioning the norm. Tune in as we delve into Terry's inspiring story, exploring his passion for IBC and how he serves others through his distinct approach. This conversation showcases the power of challenging boundaries and forging your own path. Tune in today!
Episode Highlights 00:51 Terry's passion for Infinite Banking Concept (IBC) 02:54 Terry shares how his family built a successful business by continuously reinvesting their earnings back into the company. 05:06 He shares the process of selling his share of the company and plans to take some time off after exit. 07:46 Discussion about Terry's approach towards understanding his customer's needs by asking questions and listening to their issues. 09:11 Wade and Terry discuss future planning for financial security in businesses. 11:26 Terry shares a story about his father borrowing money from clients when banks wouldn't lend him money, emphasizing the importance of trust and relationship in business. 18:49 Discussion on why decentralized lending and borrowing can lead to better decisions as it's based on character rather than fear and greed of banking institutions. 23:57 Terry talks about how having money saved in his whole life policies allowed him to buy properties without needing a loan from banks. 35:28 Terry asserts that he has no plans to stop assisting clients in infinite banking, as he genuinely enjoys it. 37:10 Thinking outside the box for successful small business operations.
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