Wealth On Main Street

How to turn your business into a money-making machine.

It's difficult enough to run a business with money, let alone when you’re chasing after receivables

Cashflow is always the topic. Whatever business size you are, you need cashflow so you can take care of what you need to take care of and sometimes you’re waiting for cash to come in over long periods of time.

There are those obligations that are due, repeatedly and regularly without fail. Maybe you’re operating off some line of credit and it's been racking up and racking up and racking up. 

You're paying out for all these different things, be it materials, supplies, inventory, or equipment needs. You finally get this big influx of cash and you compress that line of credit down, only to find yourself starting the cycle over again. 

You seem to be getting bigger…

But you're still chasing that cash flow machine. 

That's what happens for a lot of businesses.

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There's a way that we go about managing cash in the business. And we want to share with you our inspiration for how we created that and how that's been going.

Listen to find out how we've been doing it.

 💸 Financial Advisor? Learn about the Infinite Banking Concept here: Nelson Nash Institute Practitioner Program: https://infinitebanking.org/practitioners-program/ref/6/

EVA - Economic Value Add The Real Key To Creating Wealth Article: https://infinitebanking.org/the-real-key-to-creating-wealth/ref/6/

If you haven’t listened to Part 1 of this 2 part series. Be sure to listen to it here.

Part 2: Advisors, your role is fundamental but should not be a dependency.

We human beings have an innate proclivity to get hung up on what we see and what we can touch and feel at the expense of the unseen.

Such as the Illustrations, policy statements and increased value, your return on your investment and the dividend you were paid this year.

But what about the unseen that we don’t take into account? They are such an integral part of our day to day life and we must develop our awareness to grasp their importance.

As advisors, it’s paramount to step away from our tendency to want to sell from the illustration. It is only of value if the proper education has been done. Otherwise, it just becomes a source of confusion, dependency and a distraction to whether the client actually understands not only what’s on the page, but what this now makes available.

The value for becoming your own banker is not on that page and if you don’t lay the educational foundation first, then what you’re doing is purchasing a liability not gaining a client.

Resist the urge to cut corners, not pay your dues, not be a part of the community, not do the work.

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EPISODE LINKS:

️ WEALTH WITHOUT BAY STREET LINKS

Join Our Community! https://wealthonmainstreet.com/community

Sign up for the MasterClass TODAY! https://wealthonmainstreet.com/masterclass

IBC RESOURCES

️ WATCH THE DOCUMENTARY

Financial Advisor? Learn about the Infinite Banking Concept here: Nelson Nash Institute Practitioner Program: https://infinitebanking.org/practitioners-program/ref/6/

EVA – Economic Value Add The Real Key To Creating Wealth Article: https://infinitebanking.org/the-real-key-to-creating-wealth/ref/6/

If you haven’t listened to Part 1 of this 2 part series. Be sure to listen to it here.

Part 2: Advisors, your role is fundamental but should not be a dependency.

We human beings have an innate proclivity to get hung up on what we see and what we can touch and feel at the expense of the unseen.

Such as the Illustrations, policy statements and increased value, your return on your investment and the dividend you were paid this year.

But what about the unseen that we don’t take into account? They are such an integral part of our day to day life and we must develop our awareness to grasp their importance. 

As advisors, it's paramount to step away from our tendency to want to sell from the illustration. It is only of value if the proper education has been done. Otherwise, it just becomes a source of confusion, dependency and a distraction to whether the client actually understands not only what's on the page, but what this now makes available.   

The value for becoming your own banker is not on that page and if you don't lay the educational foundation first, then what you're doing is purchasing a liability not gaining a client.

Resist the urge to cut corners, not pay your dues, not be a part of the community, not do the work.

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 💸 Financial Advisor? Learn about the Infinite Banking Concept here: Nelson Nash Institute Practitioner Program: https://infinitebanking.org/practitioners-program/ref/6/

EVA - Economic Value Add The Real Key To Creating Wealth Article: https://infinitebanking.org/the-real-key-to-creating-wealth/ref/6/

Your need for finance is greater than your need for a death benefit. 

The problem EVERY person in this world faces is that we don’t make enough money, we’re always playing from behind. Our parents didn’t do it and their parents didn’t do it. We have an opportunity to be that change in our family. Why is that?

The average Canadian (and truly any individual in this economic world) has abdicated their financial responsibility. We do not own nor control the banking function that living our lives depend on.

We have become dependent upon the financial apparatus of the world. The commercial banks, the third party lenders, the mortgage lenders, the auto lenders. We’re dependent on them for our capital.

In this episode, we speak to Ryan Griggs who has a bachelor's and masters in conventional mainstream economics and was on track to become a professor as well. Ryan shares about this coming to Jesus moment and what he discovered as he began pulling on the threads of our current financial system.

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 💸 Financial Advisor? Learn about the Infinite Banking Concept here: Nelson Nash Institute Practitioner Program: https://infinitebanking.org/practitioners-program/ref/6/

EVA - Economic Value Add The Real Key To Creating Wealth Article: https://infinitebanking.org/the-real-key-to-creating-wealth/ref/6/

Your abilities to build wealth and to become your own banker require a significant investment of time, energy and attention. And understanding how to personally control the banking process will be the most important thing for you to understand.

Like anyone who is aspiring towards excellence, knowing what needs to be unlearned is just as important as what new skills you must develop. Having the right coaches and mentors that know the game you’re playing intimately in your corner to help you stay on course will be critical.

In today’s episode, we dig in on some of the more frequently asked questions we get from people about the process of Infinite Banking.

Got any more questions? Be sure to post them in the comments!

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 💸 Financial Advisor? Learn about the Infinite Banking Concept here: Nelson Nash Institute Practitioner Program: https://infinitebanking.org/practitioners-program/ref/6/

EVA - Economic Value Add The Real Key To Creating Wealth Article: https://infinitebanking.org/the-real-key-to-creating-wealth/ref/6/

Do you want to create abundance in your life? Do You want more freedom to do what you want? Then you need to change your mindset.

It’s all about how you think.

You need to be willing to exchange your most valuable asset (time) for knowledge and then you need to take action. The knowledge will allow you to ask the right questions. With those answers come now the steps you need to take that will move you forward.

You must understand that there are absolutely NO shortcuts. Knowledge only reveals the understanding of the steps needed. There will still be massive amounts of work involved to take the action and you must be consistent along the way.

A lot of little steps. This is the secret weapon that will amplify profitability and leapfrog you forward. It will become the ripple effect that creates more opportunities for the good stuff to show up.

On this episode, we have Jonathan Proulx, one of Canada’s top Amazon resellers sharing his journey of moving from oil and gas and towards creating wealth from a computer that began the process of giving him and his team what we all really want more of, and that is the time to focus and pursue what’s important to us.

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EPISODE LINKS:

Learn More about Jonathan and his Course on “How to Scale on Amazon” here: https://www.amzsoldier.com/

Subscribe to Jonathan’s YouTube Channel here: http://bit.ly/Amz-soldier

️ WEALTH WITHOUT BAY STREET LINKS

Join Our Community! https://wealthonmainstreet.com/community

Sign up for the MasterClass TODAY! https://wealthonmainstreet.com/masterclass

IBC RESOURCES

️ WATCH THE DOCUMENTARY

Financial Advisor? Learn about the Infinite Banking Concept here: Nelson Nash Institute Practitioner Program: https://infinitebanking.org/practitioners-program/ref/6/

EVA – Economic Value Add The Real Key To Creating Wealth Article: https://infinitebanking.org/the-real-key-to-creating-wealth/ref/6/