Thinking Like a Bank

Thinking Like a Bank

By Sarry IbrahimBusinessEntrepreneurship
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Thinking Like a Bank episodes

  • Episode 55: Raising Capital by Issuing Small Business Bonds with Ben Stein of SMBX

    Ben Stein grew up working with his parent's small business, a summer camp providing adventure expeditions, language immersion, and community service programs for teenagers. Prior to SMBX, he spent multiple years working at Square, helping small businesses, transition to credit cards and software that would grow their businesses.

    During his time at Square, he helped the organization scale from 250 employees to over 2000. Post Square Ben joined Opendoor, which helps people buy and sell homes online building channel partnerships. As director of business development at SMBX, Ben, and his team worked directly with small and medium businesses and assist them with raising capital through the underwriting and fundraising process.

    This episode talks about:

    • How does SMBX help small companies raise capital?
    • How can small businesses raise capital by issuing bonds as opposed to giving up equity?
    • Differences between a bond and equity.
    • Some of the underwriting requirements for small business owners to qualify for capital raising through SMBX
    • How the Small Business Development Center (SBDC) can help small business owners prepare for financing and capital raising with SMBX
    • How investors earn their returns when investing in small businesses through SMBX
    • The benefits of issuing bonds for small businesses rather than getting bank loans
    • What is the typical bond duration with SMBX?
    • The types of businesses that could participate in SMBX.
    • Reg CF Offering and the Jumpstart Our Business Startups (JOBS) Act and its impact on raising capital?
    • ​What are some advantages of investing in SMBX?

      • To connect with Ben Stein and to learn more about SMBX, please visit:

      👉Company Website:➡️https://www.thesmbx.com/

      👉Linkedin ➡️ https://www.linkedin.com/in/benjamin-stein-25460611/

      👉Twitter ➡️https://twitter.com/TheSMBX

      👉Facebook ➡️https://www.facebook.com/TheSMBX/

      👉Instagram ➡️https://www.instagram.com/thesmbx/

      👉YouTube ➡️https://www.youtube.com/channel/UCM2Ko3d7qnsSt39exX5XCJA/featured

      👉To learn more about what we do and how we can help you grow more wealth, please visit ➡️ https://finassetprotection.com

      👉You can also schedule a free call with us: ➡️ https://calendly.com/financialservicesins

      📢💡 📚 Free "Thinking Like a Bank" ebook. Learn to think like a bank by downloading a free copy here: ➡️ https://thinkinglikeabank.com

      🚧 👉 **Not intended to be financial advice. Please consult a professional who knows your specific situation.

      29 min
    • Episode 54: Why Having Great Credit Leads to More Business Opportunities with Marco Salinas

      Marco Salinas is the President and founder of Credit 360 Consulting and is certified as a FICO Credit Professional and a Consumer Credit Counselor as well as a Certified Financial Coach and specializes in consumer credit and debt relief and has been helping consumers with their financial needs since 2008.

      He is an Amazon Best Selling Author and has co-authored a book with the legendary Brian Tracy on the topic of business credit.

      Marco formerly hosted “The Credit 360 Radio Show” on Newstalk 930 KLUP in his hometown of San Antonio as well as other media outlets such as CNN.

      He is also a certified real estate instructor through TREC and TAR and hosts seminars to assist individuals with both consumer and business credit needs

      This episode talks about:

      • Marco’s background and why he chose to help people solve credit issues
      • The impact of your credit and leverage
      • Strategies one can apply to improve personal credit rating
      • How to build wealth using leverage, like financing real estate?
      • The importance of OPM (Other People’s Money)
      • What is the “27-10 savings challenge”?
      • Importance of saving money for the future.
      • How can you apply the 27-10 savings challenge alongside the Bank On Yourself Strategy?
      • How to assure access to capital at any time?
      • How can one protect his/her wealth from market volatility?
      • What does “money by location” mean?

        • To connect with Marco Salinas, please visit:

        👉Company Website:➡️https://www.marcosalinas.com/

        👉Company Website:➡️https://www.credit360consulting.com/

        👉Linkedin ➡️ https://www.linkedin.com/in/marcosalinas1/

        👉Twitter ➡️https://twitter.com/C360C

        👉Email 📧[email protected]

        👉To learn more about what we do and how we can help you grow more wealth, please visit ➡️ https://finassetprotection.com

        👉You can also schedule a free call with us: ➡️ https://calendly.com/financialservicesins

        📢💡 📚 Free "Thinking Like a Bank" ebook. Learn to think like a bank by downloading a free copy here: ➡️ https://thinkinglikeabank.com

        🚧 👉 **Not intended to be financial advice. Please consult a professional who knows your specific situation.

        37 min
      • Episode 53: Improving Your Business by Providing Win-Win Solutions with Chris Forsythe

        Chris Forsythe owns and manages the Forsythe Agency. The agency has been in Pittsburgh, Kansas area since around 1947. Although insurance has been their main focus for some time, Chris wants to do even more. Forsythe Agency has expanded into different aspects of the business.

        His current portfolio includes Forsythe Insurance Agency, Forsythe Enterprises, LLC, Precision Coffee Company, and Joplin Area Real Estate Investor Association. Chris is always looking for ways to assist others and enjoys giving back.

        This episode talks about:

        • How corporate work helped Chris buy and run an insurance agency
        • The challenges of handling different roles in running your own company and how to overcome them.
        • Types of insurance solutions Forsythe Agency specializes in
        • How does Forsythe Agency help real estate investors
        • How do partnerships work in the area of real estate and insurance?
        • What is the best way to protect your assets?
        • The importance of creating win-win situations for you and clients

          • To connect with Chris Forsythe please visit:

          👉Personal Website ➡️https://linktr.ee/chrisforsythe

          👉Company Website➡️https://www.forsytheagency.com/services

          👉Linkedin ➡️ https://www.linkedin.com/in/chris-forsythe-61ba8b11/

          👉Facebook ➡️https://www.facebook.com/chrisf1979

          👉Youtube ➡️https://www.youtube.com/channel/UCquX6TybGFOpbkp6yQUQiMA

          👉To learn more about what we do and how we can help you grow more wealth, please visit ➡️ https://finassetprotection.com

          👉You can also schedule a free call with us: ➡️ https://calendly.com/financialservicesins

          📢💡 📚 Free "Thinking Like a Bank" ebook. Learn to think like a bank by downloading a free copy here: ➡️ https://thinkinglikeabank.com

          🚧 👉 **Not intended to be financial advice. Please consult a professional who knows your specific situation.

          20 min
        • Episode 52: Believing in Yourself as an Entrepreneur with Diana Murphy

          Diana Murphy is a life and mindset coach for CEOs of small businesses and expert advisory firms. She helps high integrity family valued business owners run, design, and flourish in their businesses without regret, stress, and worry. She's the host of the Regret Proof Podcast.

          This episode talks about:

          • What got Diana into coaching small business owners?
          • Steps to helping clients define and achieve their goals.
          • Why is coaching important for entrepreneurs?
          • How your thoughts create your reality.
          • Handling the difficulties of wearing too many hats as a business owner
          • Measuring your goals
          • The importance of creating a 90-day test period when attempting new projects
          • Sharpening your decision-making skills
          • How do you determine short-term and long-term goals?
          • How can business owners effectively use fractional hiring?
          • Having the right mindset as a business owner and manifesting results
          • Having a future vision for your business and life

            • To connect with Diana Murphy please visit:

            👉Website ➡️https://dianamurphycoaching.com/

            👉Linkedin ➡️ https://www.linkedin.com/in/dianamurphycoaching

            👉Facebook ➡️ https://www.facebook.com/dianamurphycoaching/

            👉Podcast  ➡️ Regret Proof

            👉1:1 Coaching with Diana

            ➡️https://dianamurphycoaching.ac-page.com/recharge-to-lead-strong

            👉Email 📧 [email protected]

            👉To learn more about what we do and how we can help you grow more wealth, please visit ➡️ https://finassetprotection.com

            👉You can also schedule a free call with us: ➡️ https://calendly.com/financialservicesins

            📢💡 📚 Free "Thinking Like a Bank" ebook. Learn to think like a bank by downloading a free copy here: ➡️ https://thinkinglikeabank.com

            🚧 👉 **Not intended to be financial advice. Please consult a professional who knows your specific situation.

            28 min
          • Episode 51: How to Win at the Money Game with Brandon Neely

            Brandon Neely, an entrepreneur, Profit First and Bank On Yourself Professional, and the co-host of Wealth Wisdom Financial Podcast with his wife Amanda Neely.

            They founded and managed Overflow Coffee Bar, L3C from 2008 through 2018. Now, they share their experiential knowledge through podcasting and through developing personalized financial strategies for individuals and couples and profitability strategies for businesses.

            This episode talks about:

            • How do you invest and build wealth during uncertain times?
            • Does the Ukraine-Russia war have an impact on us financially in the U.S?
            • What is the“STILL Method”?
            • How does anyone use this method to predictably win the money game? 
            • Factors for investing, other than the rate of return
            • Why the Bank on Yourself Strategy is considered the best savings vehicle
            • How to mitigate your investment portfolio from Black Swan events?
            • What does it mean to be truly diversified?
            • The importance of creating a financial plan.
            • Recommended book: “The Black Swan: The Impact of the Highly Improbable” By Nassim Nicholas Taleb

              • To connect with Brandon Neely, please visit:

              👉Company Website:➡️https://grandmaswealthwisdom.com

              👉➡️https://linktr.ee/grandmaswealthwisdom

              👉➡️https://stillmethod.com/

              👉Linkedin ➡️ https://www.linkedin.com/in/brandon-neely/

              👉YouTube ➡️ https://www.youtube.com/c/grandmaswealthwisdom

              👉Podcast  ➡️ Wealth Wisdom Financial Podcast

              👉To learn more about what we do and how we can help you grow more wealth, please visit ➡️ https://finassetprotection.com

              👉You can also schedule a free call with us: ➡️ https://calendly.com/financialservicesins

              📢💡 📚 Free "Thinking Like a Bank" ebook. Learn to think like a bank by downloading a free copy here: ➡️ https://thinkinglikeabank.com

              🚧 👉 **Not intended to be financial advice. Please consult a professional who knows your specific situation.

              32 min
            • Episode 50: Grow Wealth with Real Estate with Anthony Scandariato

              Anthony Scandariato is the co-founder and managing principal at Red Knight Properties. Prior to forming Red Knight Properties, he was a Co-Founder in Ridgeview Partners. He specialized in the retail space with a vertical model that provided flexibility to serve multiple customer segments with similar product lines through retail, wholesale, and production contracting channels.

              Red Knight Properties is a privately held boutique multi-family and mixed-use real estate investment & property management company with a track record of building and managing portfolios that deliver dependable cash flow and equity upside.

              Red Knight properties currently owns, manages, and operates around 800 multi-family units with an asset value of around $100mm, up and down the East Coast.

              This episode talks about:

              • Anthony’s background prior to getting into real estate
              • Different ways to fund real estate deals
              • Duties of a real estate operator?
              • General Partner versus Limited Partner
              • Duties of a property management company (in the context of real estate syndication)?
              • Advantages of having an in-house property management rather than hiring a third-party company.
              • The types of real estate properties that Red Knight Properties focuses on.
              • Recent changes in multifamily investing from a syndication standpoint?
              • The different types of debt financing.
              • Typical holding period when investing in real estate
              • Why invest in real estate? Why not just invest in the stock market?
              • Taking control of your finances and protecting capital.
              • Leverage your whole life cash value policy when investing as a limited partner. Get the benefits of both; cash value whole life insurance along with real estate (with the same money).

                • To connect with Anthony Scandariato, please visit:

                👉Company Website:➡️https://redknightproperties.com

                👉Linkedin ➡️ https://www.linkedin.com/in/anthonymscandariato

                👉Facebook ➡️ https://www.facebook.com/redknightproperties

                👉Twitter ➡️https://twitter.com/redknightprop

                👉YouTube ➡️ https://www.youtube.com/channel/UChvn3ruK6_OAY0RG5Y8LgIQ

                👉Instagram ➡️https://www.instagram.com/redknightproperties

                👉Email 📧 [email protected]

                👉Podcast ➡️ Discovering Multifamily Podcast

                👉Contact Number 📞 +1 (917) 524-7106

                📚Free ebook - “Leave Your 9-5 And Become Financially Independent With Real Estate Investing” ➡️https://redknightproperties.com

                👉To learn more about what we do and how we can help you grow more wealth, please visit ➡️ https://finassetprotection.com

                👉You can also schedule a free call with us: ➡️ https://calendly.com/financialservicesins

                📢💡 📚 Free "Thinking Like a Bank" ebook. Learn to think like a bank by downloading a free copy here: ➡️ https://thinkinglikeabank.com

                🚧 👉 **Not intended to be financial advice. Please consult a professional who knows your specific situation.

                28 min
              • Episode 49: How to Start a Business Using your 401k with Bernard Reisz, CPA

                Bernard Reisz, CPA , a financial pro that has seen it all and knows that you can - and must - be the director of your financial future. Bernard's goal is to EMPOWER you with unbiased info so that you can make informed decisions about all aspects of your money management - tax, legal, financial, investment, cash flow.

                Bernard is the founder of ReSure Financial, delivering tax and financial tools for real estate. ReSure Financial provides services for self-directed retirement accounts, 1031 Exchange, Entities, and Investor tax & Financial Education.

                Prior to founding ReSure, Bernard served as Director of CoMetrics Partners, managing an array of engagements involving financial consulting and due diligence. Bernard advised owners of closely-held middle-market companies on advanced tax mitigation strategies.

                This episode talks about:

                • Examples of Alternative Investments
                • What is Rollovers for Business Startups (ROBS) 401(k)?
                • How can you use ROBS to fund your own business?
                • The steps of how ROBS 401k works
                • Examples of prohibited transactions using this strategy
                • What are ROBS requirements for a qualified employer plan?
                • The downsides of choosing ROBS for your business funding.
                • Methods of mitigating the risks of ROBS.
                • How to structure your company to avoid double taxation using ROTH 401(k) strategy?
                • The importance of working with an unbiased tax professional

                  • To connect with Bernard Reisz, please visit:

                  👉Company Website:➡️https://www.resurefinancial.com

                  👉Linkedin ➡️ https://www.linkedin.com/in/bernard-reisz-cpa

                  👉Facebook ➡️ https://www.facebook.com/BernardReiszCPA

                  👉Twitter ➡️https://twitter.com/bernardreisz

                  👉To learn more about what we do and how we can help you grow more wealth, please visit ➡️ https://finassetprotection.com

                  👉You can also schedule a free call with us: ➡️ https://calendly.com/financialservicesins

                  📢💡 📚 Free "Thinking Like a Bank" ebook. Learn to think like a bank by downloading a free copy here: ➡️ https://thinkinglikeabank.com

                  🚧 👉 **Not intended to be financial advice. Please consult a professional who knows your specific situation.

                  46 min
                • Episode 48: Tax Savings Tips with Jason Osser, CPA

                  Jason Osser graduated from State University of New York at Oneonta with a Bachelor of Science in Accounting and Economics, and from Binghamton University with a Master of Business Administration with a concentration in Human Resource Management.

                  After relocating to the Washington, DC metropolitan area in 1996, Jason held a series of accounting positions, from staff accountant to controller, until he decided to own and run his own business.

                  Since leaving corporate America over 15 years ago, Jason has been a successful franchise business owner, an accounting and small business expert, a Certified Public Accountant, a real estate investor, and an adjunct professor at local colleges. Jason’s diverse experience enables him to bring insights into how to create a growing and successful small business through disciplined accounting best practices and tax planning.

                  This episode talks about:

                  • Jason’s CPA tax practice and what the types of businesses he focuses on
                  • The importance of identifying and making the right business entity selection.
                  • The 4 most common types of business entities and their differences
                  • Qualified business deductions
                  • Who is eligible for the qualified business income (QBI) deduction or the Section 199A?
                  • Do businesses get taxed differently from individuals?
                  • What is a pass-through entity?
                  • Taxes for franchises
                  • How do small business owners reduce their taxes and take control of their businesses?
                  • What is “QuickBooks”?
                  • What is a Self Directed IRA (SDIRA)? Advantages? Disadvantages?
                  • Required Minimum Distribution (RMD) and how it is calculated?
                  • How to set up a self-directed IRA?
                  • Rules to follow when engaging in a transaction using your self-directed account.
                  • Recourse vs. Non-Recourse Loan, differences with tax deductions?
                  • Can you invest in a real estate syndication with your retirement account?
                  • Recommended book- “Riding Quickbooks to the Promised Land”

                    • To connect with Jason Osser, please visit:

                    👉Company Website:➡️https://ossercpa.com

                    👉Linkedin ➡️ https://www.linkedin.com/company/jason-s--osser-cpa-&-assoc-/about

                    👉Facebook ➡️ https://www.facebook.com/ossercpa

                    👉Twitter ➡️https://twitter.com/ossercpa

                    👉Email: 📧[email protected]

                    👉Contact Number 📞 571.331.1652

                    👉To learn more about what we do and how we can help you grow more wealth, please visit ➡️ https://finassetprotection.com

                    👉You can also schedule a free call with us: ➡️ https://calendly.com/financialservicesins

                    📢💡 📚 Free "Thinking Like a Bank" ebook. Learn to think like a bank by downloading a free copy here: ➡️ https://thinkinglikeabank.com

                    🚧 👉 **Not intended to be financial advice. Please consult a professional who knows your specific situation.

                    35 min
                  • Episode 47: Backstage Guide to Real Estate with Matt Picheny

                    Matt Picheny is a real estate investor, Tony award winner, and author of the #1 best-selling book, Backstage Guide to Real Estate. He is focused on developing passive income streams that enable investors to write their own story and choose how they want to spend their time.

                    Matt has over 15 years of experience revitalizing and elevating communities through real estate investing and has invested in over 8,000 apartments nationwide. He is a licensed real estate agent and has earned both Commercial Real Estate & Real Estate Finance certificates from Boston University. Matt is a member of the Forbes Real Estate Council, the Fast Company Executive Board, and is an advisor to a PropTech company.

                    This episode talks about:

                    • From digital marketing to real estate investing
                    • How did Matt acquire his first deal?
                    • What is multi-family syndication?
                    • Transitioning from LP (Limited Partner) to GP (General Partner)
                    • Things to consider before investing as a limited partner
                    • Red flags when choosing a sponsor
                    • Do you invest with general partners on their first deals?
                    • The correlation between PMP (Project Management Professional) guidelines and managing real estate.
                    • What are some KPIs (Key Performance Indicators) in real estate?
                    • The difference between working with a leasing company/broker versus having a full-time property manager and in-house leasing team.
                    • Typical landlord expenses
                    • The benefits of multifamily and other asset classes in Texas
                    • Some of the potential downfalls of investing in real estate in California
                    • Matt’s new book “Backstage Guide to Real Estate”

                      • To connect with Matt Picheny, please visit:

                      👉Company Website:➡️https://picheny.com/

                      👉Linkedin ➡️ https://www.linkedin.com/in/picheny/

                      👉Email: 📧[email protected]

                      👉Best Selling Book 📚https://picheny.com/backstage-guide/

                      👉To learn more about what we do and how we can help you grow more wealth, please visit ➡️ https://finassetprotection.com

                      👉You can also schedule a free call with us: ➡️ https://calendly.com/financialservicesins

                      📢💡 📚 Free "Thinking Like a Bank" ebook. Learn to think like a bank by downloading a free copy here: ➡️ https://thinkinglikeabank.com

                      🚧 👉 **Not intended to be financial advice. Please consult a professional who knows your specific situation.

                      29 min
                    • Episode 46: Mobile Home Park Investing with Victor Alves

                      Victor Alves is real estate entrepreneur and founder of Vecno Capital. Victor  manages all aspects of acquiring, renovating, and repositioning of single-family, multifamily, and mobile home communities in Texas. Venco Capital has a track record of delivering consistent returns to investment partners with over 100 successfully completed real estate investing projects since 2015. Vecno Capital has ownership interest in over 575 units in both single-family, multifamily, and mobile home communities in Texas.

                      Victor prides himself on creating profitable partnerships that positively impact the communities he operates in and helps people find passive investment opportunities, to create cash flow, build long-term wealth and enjoy the tax benefits of owning real estate.

                      This episode talks about:

                      • Starting off in the real estate industry
                      • General Partner versus Limited Partner (GP/LP)
                      • Who is “Vecno Capital” and what types of investments do they focus on?
                      • The benefits of investing in mobile home parks
                      • What is affordable housing?
                      • How many mobile homes do typical mobile parks consist of?
                      • Typical hold times for limited partnerships in real estate.
                      • What is the average cash-on-cash return for a limited partnership on a yearly basis?
                      • The difference between syndication and a fund?
                      • What is an SPV (Single Purpose Value) fund and how does it work?
                      • Do you need to be an accredited investor when investing in a fund?

                        • To connect with Victor Alves, please visit:

                        👉Company Website:➡️https://vecnocapital.com

                        👉Linkedin ➡️ https://www.linkedin.com/in/victoracalves

                        👉Facebook ➡️ https://www.facebook.com/vecnocapital

                        👉Instagram ➡️ https://www.instagram.com/victoracalves

                        👉Email: 📧victor@vecnocapital.com

                        👉To learn more about what we do and how we can help you grow more wealth, please visit ➡️ https://finassetprotection.com

                        👉You can also schedule a free call with us: ➡️ https://calendly.com/financialservicesins

                        📢💡 📚 Free "Thinking Like a Bank" ebook. Learn to think like a bank by downloading a free copy here: ➡️ https://thinkinglikeabank.com

                        🚧 👉 **Not intended to be financial advice. Please consult a professional who knows your specific situation.

                        21 min

                      About Thinking Like a Bank

                      From the publisher's feed

                      Ever wonder what banks do to get so rich? Well its not just because they're banks.. rather its about the way they think. That's what we uncover here in this podcast.. how to think like a bank. You don't need to be a banker or in the banking industry but you can still copy these strategies to help improve your financial life.