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Shownotes can be found at https://www.profitwithlaw.com/483.
Infinite banking- the how, what, and why (that gets your firm producing generational wealth)
Most law firm owners strive to build successful practices —
but how many are actually thinking about creating generational wealth and a lasting legacy?
In this eye-opening episode of Profit with Law, entrepreneur, investor, and bestselling author M.C. Laubscher joins us to reveal why the traditional financial advice most lawyers follow doesn’t work for business owners like you.
He unpacks powerful wealth-building strategies used by ultra-successful families — including the idea of becoming your own banker through the Infinite Banking strategy.
If you want to grow profits without chasing more clients, gain tax advantages, and build lasting wealth for your law firm, this episode is packed with actionable insights you won’t want to miss.
Tune in now to discover the secret wealth strategy law firm owners haven’t heard of (yet).
Chapters:
[00:00] Serial investor and entrepreneur: M.C. Laubscher
[03:44] M.C.’s journey from newbie to money maker
[12:40] Infinite banking: what is it and do I need cash to do it?
[16:51] The 4 seasons in business- a yearly cycle
[19:35] Pre-cash flow vs post: challenges for law firm owners and when to invest
[24:45] Infinite banking defined
[26:05] Life insurance’s part in infinite banking- it’s not always a scam
[32:45] The minimum cash flow needed to start (and the fear of commitment)
[40:08] How the Rockefeller strategy generates generational wealth
[43:21] How to generate 8x return
[45:56] Connect with M.C. Laubscher
Resources mentioned:
Book your FREE strategy session today!: profitwithlaw.com/strategysession
Take the Law Firm Growth Assessment and find out how you rate as a law firm owner!
Check out our Profit with Law YouTube channel!
Learn more about the Profit with Law Elite Coaching Program here
Get to know Moshe Amsel
Rich Dad, Poor Dad by Robert Kiyosaki
Becoming Your Own Banker: Unlock the Infinite Banking Concept by R. Nelson Nash
Connect with M.C. Laubscher: Website
Cashflow Ninja Podcast
getwealthyforsure.com
Join our Facebook Community: https://www.facebook.com/groups/lawfirmgrowthsummit/
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