Not Your Average Financial Podcast™

Episode 58: How to Be An Amazon Legend and Bank on Yourself

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In this episode, we ask:

  • What are people saying?
  • How can being your own source of financing make you more competitive?
  • Who is Danny Stock?
  • What is Danny’s story?
  • What challenges did Danny overcome?
  • What happened when Danny met Mark?
  • Who is going to control the banking function?
  • What is the Bank on Yourself concept and how does it help you?
  • Can you imagine your life and your business if you have a contingency pool of capital?
  • What characteristics would this contingency pool of capital need?
  • What could you use your contingency pool of capital for?
  • How does this create flexibility?
  • Do you need to be an ultra-high net worth individual?
  • How can you build a permanent line of credit for your business?
  • How can you use this for inventory?
  • How to get velocity with your cash?
  • How do life insurance policies work? Hear Episode 32
  • Where is the best place to keep your money?
  • When will your income stop?
  • How can you pay off debts?
  • Should you pay off your debts before doing a Bank on Yourself type policy?
  • How does Danny use Bank on Yourself for his business?
  • How does this strategy affect Danny’s family?
  • Who can help you navigate your specific circumstances?

    • Danny Stock launched his thriving Amazon business 3 years ago during the Q4 sessions. He has a knack for finding profitable and replenish-able products using retail and online arbitrage. Being a veteran, he served in the Army and now brings his heart of service to e-commerce by being a mentor to many other successful online sellers. See Danny’s website at https://www.amzlegends.com.

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