So many people hear a 30-second clip of me talking about successful farmers and think I am an idiot. Yet, that is what I see. I see success because those looking find me and want to learn. Those who spend their time just scrolling are crying in their coffee rather than looking for solutions.

Audio Production by Podsworth Media - https://podsworth.com 

How much you pay is really set on how you are thinking. Rethink your thinking.

Audio Production by Podsworth Media - https://podsworth.com 

Let's bust some myths and let the record be set straight. The five myths we talk about in this episode are: 1. You borrow your money, 2. Premium is post-tax, 3. You collect the interest on loans, 4. You can use Universal Life products for IBC, and 5. You don't have to repay loans.

Audio Production by Podsworth Media - https://podsworth.com 

People often use incorrect terminology when they talk about their life insurance policies and IBC. So let's go over the real meaning of the terms: Pull money, Take money, Tax-Free, Tax-Free Retirement, and IBC policy.

Audio Production by Podsworth Media - https://podsworth.com 

It's hard to remember that our cash value is liquid and we get to use it. We have been programmed to think we will never see that money again. Remember, when you pay premium, a portion of that premium is available to you right away. You are not giving up access to every dollar you put in.

Audio Production by Podsworth Media - https://podsworth.com 

If you are questioning how you are going to pay for the new piece of equipment, more cattle, or even a life insurance premium, then build it into your accounting. Successful operations have the costs built in; they don't just hope and pray they will have enough. Many ask how they can get away from the bank. If you want to do that, then build your life insurance premium into your expenses. It's a cost of doing business.

Audio Production by Podsworth Media - https://podsworth.com 

The entire book is important; are you reading it all, or just one part of it? IBC is the first half, and life insurance is the second half, so be sure to read and re-read the entire book!

Audio Production by Podsworth Media - https://podsworth.com 

Where would you rather put your money? So many are not thinking correctly. Rethink your thinking!

Audio Production by Podsworth Media - https://podsworth.com 

After talking to over two thousand farmers over the years, I may know a thing or two, and I definitely have an opinion on a thing or two.

Audio Production by Podsworth Media - https://podsworth.com 

It is all simple when you quit making it so hard. Unfortunately, some people are stuck thinking small and have the mindset that everything is just too hard. Think bigger and ask for help solving the problems! Today I talk about fixing the mindset that is holding you back.

Audio Production by Podsworth Media - https://podsworth.com