Self Made Man

How To Build Wealth With Infinite Banking… With Patrick Donohoe

Informações:

Synopsis

Welcome to the Mike Dillard podcast, where entrepreneurs like you, get the knowledge and skills you need to bring your dreams to life. Today we’re going to talk about one of my favorite investment strategies for entrepreneurs. As your business and your wealth start to grow, you’re going to realize at some point, that making money is actually easier than keeping money. Why? Because the habits, mindset, and behaviors that allowed you to make that money, like taking risks, are the exact opposite of what you need to keep it and grow it. And what’s really interesting, is that entrepreneurs tend to think that investing, is the same thing as saving. That taking $50,000 here or $100,000 there, and investing that into other companies or startups is going to magnify your wealth. We’ll I can tell you from experience that, that’s rarely the case, even though it might feel like a similar activity. So what can you do to ensure that you don’t take unnecessary risks, and that you are setting yourself up to achieve your true