166. HOW TO BE YOUR OWN BANK WITH MARK WILLIS

EPISODE OVERVIEW

In this episode of Corporate Quitter, Gabby interviews Mark Willis, a certified financial planner, about the evolving definition of financial success in today's world. They discuss the importance of personal agency, efficiency, control, and safety in financial planning, especially for entrepreneurs. Mark introduces the 'Bank on Yourself' strategy, emphasizing the benefits of whole life insurance as a tool for wealth building and financial independence. Mark encourages listeners to take control of their financial futures and explore innovative strategies for wealth building.

ABOUT MARK WILLIS

Mark is a CERTIFIED FINANCIAL PLANNER™, a three-time #1 Best Selling Author, and the owner of Lake Growth Financial Services, a financial firm in Chicago, Illinois.

Over the years, he has helped hundreds of his clients take back control of their financial future and build their businesses with proven, tax-efficient financial solutions. He specializes in building custom-tailored financial strategies that are unknown to typical stock-jockeys, attorneys, or other financial gurus.

As host of the Not Your Average Financial Podcast™, he shares some of his strategies for working with real estate, paying for college without going broke, and creating an income in retirement you will not outlive. Mark works with people who want to grow their wealth in ways that are safe and predictable, to become their own source of financing, and create tax-free income in retirement.

TIMESTAMPS

00:00 Redefining Financial Success in a Changing World

03:01 The X Factor: Efficiency, Control, and Safety in Finance

05:59 Navigating Financial Inefficiencies and Entrepreneurial Challenges

08:59 The Importance of Personal Agency in Financial Planning

12:12 Rethinking Money: Adjectives and Verbs in Financial Strategy

15:03 Exploring the Bank on Yourself Strategy

18:01 Whole Life Insurance: A Tool for Wealth Building

23:00 The Power of Cash Value in Life Insurance

28:02 Leveraging Life Insurance for Financial Freedom

32:59 Transitioning from Employment to Entrepreneurship

39:55 Strategic Financial Planning for Entrepreneurs

LINKS

Mark’s Links

Website

Podcast

YouTube

LinkedIn

Twitter

Facebook

Instagram

CQ Links

Website

YouTube

Instagram

TikTok

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165. INTEGRITY VS. BURNOUT: ARE YOU KEEPING YOUR WORD OR K!LLING YOURSELF SLOWLY?