Episode 42: Instead, Make Sure to IBC Like Walt Disney

Welcome back to The IBC Guys Podcast!  

In this episode of The IBC Guys, Dave talks about a famous person that did it correctly - Walt Disney!  Mr. Disney needed some cash to begin his journey of starting Disney World, and the bank wouldn’t give the cash to him!  So, like most that would do pretty much anything to realize a dream, Mr. Disney leveraged an asset he had control over - his life insurance policy!

Dave talks through an example of someone famous who leveraged their permanent policy to achieve something great!  Dave goes on to talk through how this same line of thinking can help you leverage a Whole Life policy to ensure that the money your family is sending stays with your family forever!  A flashback to the 1950’s, Mickey Mouse, and talking talking family legacy - this episode has it all!

Also in this episode, Mike buys some Jordans (!), Dave is tired of talking into a vacuum, and we discuss the “happy place on earth!”

Key takeaway: Use Walt Disney’s example as inspiration — but design your policy with care and make sure the policy is specific to your needs.  

Resources Mentioned:

-Disney Story Source #1: https://www.peoplesvictory.org/howlifeinsurancebuiltdisney

-Disney Story Source #2: https://www.youtube.com/watch?v=thVkz8e6ta0

-Disney Story Source #3: https://www.commercebank.com/personal/ideas-and-tips/2021/the-story-of-the-loan-that-helped-build-disneyland

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