Podcasts about lake growth financial services

  • 150PODCASTS
  • 206EPISODES
  • 38mAVG DURATION
  • 1MONTHLY NEW EPISODE
  • Jun 2, 2025LATEST

POPULARITY

20172018201920202021202220232024


Best podcasts about lake growth financial services

Latest podcast episodes about lake growth financial services

Commercial Real Estate Secrets
The Truth About Your Investment Returns: What Wall Street Isn't Telling You

Commercial Real Estate Secrets

Play Episode Listen Later Jun 2, 2025 37:03 Transcription Available


Your financial future isn't what you've been promised. The startling revelation at the heart of our conversation with Mark Willis, owner of Lake Growth Financial Services and bestselling author, is that average investment returns are functionally meaningless. While Wall Street touts 9% returns, actual investor results hover around 3.6% according to research from Dalbar—a discrepancy that could derail healthcare professionals' retirement plans.Mark shares a powerful explanation of how volatility destroys compound growth with a clear example: if your investment grows 100% one year and drops 50% the next, the financial industry will claim you earned 25% annually—but you've actually made nothing. This mathematical sleight-of-hand affects everyone from physicians to dentists who rely on traditional investment vehicles for retirement.The conversation takes a fascinating turn as Mark introduces an alternative financial strategy gaining popularity among healthcare professionals: using specially-designed dividend-paying whole life insurance as a personal banking system. Through a detailed case study, Mark demonstrates how a dentist accessed $50,000 for practice equipment at just 1.92% interest while his policy continued earning approximately 5.5%—creating an arbitrage opportunity conventional banking cannot match.What makes this approach particularly valuable for healthcare practice owners is the guaranteed access to capital regardless of economic conditions. Unlike HELOCs or business loans that can be reduced or called during downturns, these policies provide contractually guaranteed liquidity under your control. Mark explains how practitioners can use this strategy to finance equipment, real estate, or practice acquisitions while building a growing pool of capital that ultimately converts to guaranteed lifetime income.Ready to explore how these strategies might work in your healthcare practice? Download a free chapter of Mark's new book "The Business Fortress" at newbankingsolution.com and discover how to reclaim control of your financial future without relying on Wall Street's mathematical fictions.If you need help finding the perfect location or your ready to invest in commercial real estate, email us at admin@leadersre.com Sign up for a FREE vulnerability analysis and lease renewal services View our library on apple podcasts or REUniversity.org. Connect on Facebook. Commercial Real Estate Secrets is ranked in the top 50 podcasts on real estate

Rethink Real Estate
Why 401(k)s Fail Realtors: Strategic Financial Planning for Real Estate Professionals | Rethink Real Estate S4E21

Rethink Real Estate

Play Episode Listen Later Mar 24, 2025 30:45


Ben Brady is joined by financial expert Mark Willis from Lake Growth Financial Services to dissect the unique financial planning needs of real estate professionals. Dive deep into the conversation about why traditional retirement plans like 401(k)s may not be the best fit for realtors and explore the robust benefits of whole life insurance as a more adaptable alternative.Mark shares his expertise in structuring financial tools that offer both stability and flexibility to manage the irregular income streams typical of real estate careers. The discussion focuses on how whole life insurance can serve as a powerful tool for managing cash flow, investing back into the business, and ensuring financial security well into retirement.Learn from an in-depth dialogue on how to leverage whole life insurance for both immediate liquidity needs and long-term growth. Timestamps guide you through tactical discussions on overcoming financial challenges unique to independent contractors and strategies for building a resilient financial portfolio that grows tax-free.Timestamps & Key Topics:[00:00:00] - Introduction to Financial Planning Challenges in Real Estate[00:01:56] - The Benefits of Whole Life Insurance Over Traditional Retirement Plans[00:06:17] - Tactical Uses of Whole Life Insurance for Business and Personal Finance[00:10:06] - Comparing Whole Life Insurance to Other Investment Vehicles[00:13:45] - Real Life Applications and Client Stories Demonstrating Whole Life Benefits[00:18:19] - Discussing the Financial Commitments and Long-term Strategy of Whole Life Policies[00:25:16] - Analyzing the Impact of Inflation and Economic Changes on Whole Life Policies[00:29:22] - Closing Thoughts and How to Contact Mark for Personal Financial Planning

Grow Your Business and Grow Your Wealth
Episode 250: Escape Debt & Build Lasting Wealth

Grow Your Business and Grow Your Wealth

Play Episode Listen Later Feb 7, 2025 23:31


Want to learn how to turn debt into wealth and achieve financial freedom? Discover alternative financial solutions and tax-efficient strategies with CFP, Mark Willis.   In this episode of Grow Your Business & Grow Your Wealth, Gary Heldt sits down with Mark Willis, CFP and owner of Lake Growth Financial Services. Mark shares his incredible journey from struggling with student loan debt to becoming a financial expert who helps clients find more predictable and secure ways to reach their financial goals.   Key Takeaways: Mark's personal experience with overcoming six-figure student loan debt and discovering a path to financial freedom.   The importance of having a financial plan and seeking guidance from a qualified professional.   Understanding alternative financial solutions and tax-efficient strategies that can help you achieve your goals faster.   How to regain control of your financial future and make informed decisions about your money.   The role of mindset and discipline in achieving financial success.   Quote from Mark Willis: "You are perfectly designed to achieve the results you're currently achieving.   Learn more about your ad choices. Visit megaphone.fm/adchoices

Cheri Hill Show
Mark Willis, Best Selling Author and Owner of Lake Growth Financial Services

Cheri Hill Show

Play Episode Listen Later Jan 31, 2025 25:38


Mark Willis is a three-time #1 Best Selling Author and the owner of Lake Growth Financial Services, a financial firm in Chicago, Illinois. 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. lakegrowthfinancial.com sageintl.com

Target Market Insights: Multifamily Real Estate Marketing Tips
How to Eliminate Taxes, Not Just Defer Them with Mark Willis, Ep. 681

Target Market Insights: Multifamily Real Estate Marketing Tips

Play Episode Listen Later Jan 24, 2025 36:41


Mark Willis is a Certified Financial Planner™ and the owner of Lake Growth Financial Services, a Chicago-based financial firm. As a three-time #1 best-selling author, Mark has empowered hundreds of clients to reclaim control over their financial futures using proven, tax-efficient strategies. He specializes in helping individuals and businesses build wealth, grow their enterprises, and achieve lasting financial security.   Host of the globally top 1.5% ranked *Not Your Average Financial Podcast™*, Mark shares insights on managing real estate, funding college without financial strain, and creating retirement income that lasts a lifetime. His mission is to help clients build wealth through safe, predictable methods, become their own source of financing, and enjoy tax-free income during retirement.   In this episode, we talked to Mark about the whole life insurance policy and determining if it's set up right, due diligence and finding the right mediator for your insurance, the “buy, borrow, die” strategy, and much more.   Get ready for REWBCON 2025, happening from April 10th to 12th! Use my code JOHN at checkout for 10% off your ticket.   Insurance Policies;   02:32 Mark's background; 16:50 An Insight into whole life insurance; 22:36 Choosing the right insurance mediator; 26:01 An insight into the "buy, borrow, die" strategy; 32:38 Round of Insights   Announcement: Learn about our Apartment Investing Mastermind here.   Round of Insights   Apparent Failure: Paying off his student loans with the snowball method. Digital Resource: Notion. Most Recommended Book: The Bank On Yourself Revolution & Perpetual Wealth. Daily Habit: Following Michael Hyatt's Full Focus Planner method every morning. #1 Insight for maximizing our insurance policy: Don't do this alone, find someone who knows how to design it for you. Best place to grab a bite in Chicago, IL: Giordano's.   Contact Mark: Website Mark's first episode on Multifamily Insights, Episode #264   Thank you for joining us for another great episode! If you're enjoying the show, please LEAVE A RATING OR REVIEW,  and be sure to hit that subscribe button so you do not miss an episode.

Ecomm Breakthrough
Stop Getting Loans IMMEDIATELY. The Secret to Financing Your Business yourself with Mark Willis

Ecomm Breakthrough

Play Episode Listen Later Jan 7, 2025 56:09


Mark Willis 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. As co-host of the Not Your Average Financial Podcast™, he shares some of his strategies for investing in 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.  Book “How to be an Amazon Legend and Fire Your Banker.” Highlight Bullets> Here's a glimpse of what you would learn…. Introduction to the podcast's mission and focus on e-commerce business leaders.Mark Willis's background and experience with business owners and e-commerce entrepreneurs.Common financing challenges faced by e-commerce businesses, particularly reliance on banks.Overview of Mark's book, "How to Be an Amazon Legend and Fire Your Banker."Concept of using dividend-paying whole life insurance as a financial strategy.Importance of having control over personal finances and becoming one's own source of financing.Discussion of non-direct recognition policy loans and their benefits.Comparison of whole life insurance policies to home equity lines of credit.Tax strategies that can complement the use of whole life insurance policies.Actionable takeaways for e-commerce entrepreneurs to enhance financial management and independence.In this episode of the Ecomm Breakthrough Podcast, host Josh Hadley interviews Mark Willis, a certified financial planner and owner of Lake Growth Financial Services. They discuss financial strategies for e-commerce entrepreneurs aiming to scale their businesses. Key topics include overcoming reliance on traditional banks, using dividend-paying whole life insurance as a financing tool, and implementing effective tax strategies. Mark shares insights from his book, "How to Be an Amazon Legend and Fire Your Banker," emphasizing the importance of financial control and independence. The episode provides actionable advice to help business owners manage capital and achieve greater financial security.Here are the 3 action items that Josh identified from this episode:Action Item #1: Invest in the Right Places: Business owners should ensure they are putting their money into vehicles that will grow and provide liquidity when needed.Action Item #2: Implement Tax-Saving Strategies: It's crucial to work with a certified financial planner to identify and implement effective tax strategies.Action Item #3: Execute Financial Strategies: Taking action is essential; business owners should not just learn about strategies but also implement them to see real results.Resources mentioned in this episode:Lake Growth Financial ServicesFAFSAAugusta RuleFuture ToolsKickstart with MarkHow to Be an Amazon Legend and Fire Your BankerDebt: The First 5,000 YearsThe Holy BibleThe Lord of the RingsNot Your Average Financial PodcastSpecial Mention(s):Adam “Heist” Runquist on LinkedInKevin King on LinkedInMichael E. Gerber on LinkedInRelated Episode(s):“Cracking the Amazon Code: Learn From Adam Heist's Brand Scaling Secrets” on the eComm Breakthrough Podcast“Kevin King's Wicked-Smart Tips for Building an Audience of Raving Fans” on the eComm Breakthrough Podcast“Unlocking Entrepreneurial Greatness | Insider Secrets With E-myth Author Michael Gerber” on the eComm Breakthrough PodcastEpisode SponsorSponsor for this episode...This episode is brought to you by eComm Breakthrough Consulting where I help seven-figure e-commerce owners grow to eight figures. I started my business in 2015 and grew it to an eight-figure brand in seven years.I made mistakes along the way that made the path to eight figures longer. At times I doubted whether our business could even survive and become a real brand. I wish I would have had a guide to help me grow faster and avoid the stumbling blocks.If you've hit a plateau and want to know the next steps to take your business to the next level, then email me at josh@ecommbreakthrough.com and in your subject line say “strategy audit” for the chance to win a $10,000 comprehensive business strategy audit at no cost!Transcript AreaJosh Hadley 00:00:00  Welcome to the Ecomm Breakthrough podcast. I'm your host, Josh Hadley, where I interview the top business leaders in e-commerce. Past guests include Kevin King, Michael Gerber, author of The E-myth, and Matt Clark from ASM. Today, I'm speaking with Mark Willis of Lake Growth Financial Services, and we're going to be talking a lot about how you can bank on yourself and become your own source of financing in your business. This episode is brought to you by Ecomm Breakthrough, where I specialize in investing in and scaling seven figure companies to eight figures and beyond. If you're an ambitious e-commerce entrepreneur looking for a partner who can help take your business to the next level, my team and I bring hands on experien...

Commercial Real Estate Pro Network
Financial Freedom Debt Repayment Strategies with Mark Willis - CRE PN #480

Commercial Real Estate Pro Network

Play Episode Listen Later Nov 28, 2024 44:16


Today, my guest is Mark Willis. Mark Willis is a certified financial planner and is a man on a mission to help you think differently about your money, your economy and your future. Mark is a three time number one best selling author and the owner of Lake Growth Financial Services, and in just a minute, we're going to speak with Mark Willis about Buying Back Debt.

Think Bigger Real Estate
The Perfect Financial Strategy | Mark Willlis

Think Bigger Real Estate

Play Episode Listen Later Nov 5, 2024 32:03


Mark Willis is a man on a mission to help you think differently about your money, your economy and your future. After graduating with six figures of student loan debt and discovering a way to turn his debt into real wealth as he watched everybody lose their retirement savings and home equity in 2008, he knew he needed to find a more predictable way to meet his financial objectives and those of his clients. Mark is a CP, a 3 time #1 Best Selling Author, the Owner of Lake Growth Financial Services out of Chicago, IL and co-host of the Not Your Average Financial Podcast. 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 unknown to most financial gurus. He has become known as "Not Your Average Financial Planner!"

Living Off Rentals
#237 - The Four Major Pitfalls of Most People's Financial Plans - Mark Willis

Living Off Rentals

Play Episode Listen Later Aug 28, 2024 40:44


Joining us on this episode of Living Off Rentals is Mark Willis, a certified financial planner, three-time number-one best-selling author, and owner of Lake Growth Financial Services. He is a financial planner who is open to different types of strategies in real estate investing. In this episode, he shares some of the major pitfalls of most people's financial plans and how he specializes in working with real estate investors and business owners. We know you'll enjoy learning from Mark–who is also a second-time guest on the show!   Key Takeaways [00:00] Introducing Mark Willis and his background [05:27] Meaningful money conversations [10:31] No guarantees, no predictability [14:54] We have no idea how long we are going to live [16:30] The tax time bomb [19:07] "You are your money guru." [22:31] Asset classes with the most growth and success [26:27] Contractual wealth vs. paper wealth [34:25] Self-directed life [38:13] Connect with Mark Willis Guest Links Website – kickstartwithmark.com   Show Links Living Off Rentals YouTube Channel – youtube.com/c/LivingOffRentals  Living Off Rentals YouTube Podcast Channel – youtube.com/c/LivingOffRentalsPodcast  Living Off Rentals Facebook Group – facebook.com/groups/livingoffrentals  Living Off Rentals Website – livingoffrentals.com  Living Off Rentals Instagram – instagram.com/livingoffrentals  Living Off Rentals TikTok – tiktok.com/@livingoffrentals  

Money Boss
#236 – Banking on Yourself: Mastering Wealth Building Strategies with Mark Willis, CFP

Money Boss

Play Episode Listen Later May 22, 2024 48:19 Transcription Available


"Banking on Yourself" --- Why is it gaining traction? What can it truly offer to your financial planning?Join me as Mark Willis, a Certified Financial Planner and leading authority on this concept, reveals how you can use whole life insurance policies not just for assurance, but as a dynamic tool for building wealth.How can this strategy help you save for retirement or your next car, or even your children's education? Discover the unique benefits and applications of banking on yourself with Mark Willis, and explore how you can take control of your financial future today.Anna's Takeaways:Intro (00:00)Saving And Recapturing Interest (02:01)Personal Finance And Retirement Planning (06:49)Using Whole Life Insurance As A Banking System (12:17)Life Insurance Benefits And Tax Advantages (15:42)Using Life Insurance Policies As Investment Buckets (21:54)No Credit Check Or Repayment Plan (27:29)Personal Banking System (30:35)Investment Vehicle (35:35)Meet Mark Willis:Mark Willis, CFP® is a man on a mission to help you think differently about your money, your economy and your future. 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. As co-host of the Not Your Average Financial Podcast™, he shares some of his strategies for investing in 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 retirementRate, Review, & Follow on Apple PodcastsMoney Boss Parents! Welcome to Anna's Money Boss Parent podcast, your go-to resource for mastering money management while raising a family. Join me as we explore practical tips, expert insights, and inspiring stories to help you achieve financial success and create a brighter future for your loved ones.Don't forget to subscribe, rate, and review the show to support our mission of empowering parents like you to take charge of their finances and build a prosperous life for their families. Let's thrive together on this incredible journey!FREE GUIDE- Kid Money Boss: School isn't teaching my son about Money. It's up to us Parents. Here are 9 tools I am using to team my son, everything I never learned as a kid.Guest Websites:Lake Growth Financial Services: https://lakegrowth.com/Not Your Average Financial Podcast: https://nyafinancialpodcast.com/YouTube: https://www.youtube.com/channel/UCw-DvhKT2EaPFdncLy39LIQLinkedIn: https://www.linkedin.com/in/marklakegrowth/Twitter:https://twitter.com/LakeGrowthFacebook: https://www.facebook.com/lakegrowthInstagram:

Human Capital Innovations (HCI) Podcast
S48E16 - How to Think Differently about Your Money, the Economy, and Your Future, with Mark Willis

Human Capital Innovations (HCI) Podcast

Play Episode Listen Later Nov 9, 2023 17:36


In this podcast episode, Dr. Jonathan H. Westover talks with Mark Willis about how to think differently about your money, the economy, and your future. Mark Willis (https://www.linkedin.com/in/marklakegrowth/), a CERTIFIED FINANCIAL PLANNER™ , a three-time #1 Best Selling Author, the Owner of Lake Growth Financial Services, a financial services firm in Chicago, Illinois and co-host of the Not Your Average Financial Podcast ™ . 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 unknown to most financial gurus. He has become known as “Not Your Average Financial Planner!” Check out all of the podcasts in the HCI Podcast Network! Check out the ⁠HCI Academy⁠: Courses, Micro-Credentials, and Certificates to Upskill and Reskill for the Future of Work! Check out the LinkedIn ⁠Alchemizing Human Capital⁠ Newsletter. Check out Dr. Westover's book, ⁠The Future Leader⁠. Check out Dr. Westover's book, ⁠'Bluer than Indigo' Leadership⁠. Check out Dr. Westover's book, ⁠The Alchemy of Truly Remarkable Leadership⁠. Check out the latest issue of the ⁠Human Capital Leadership magazine⁠. Each HCI Podcast episode (Program, ID No. 627454) has been approved for 0.50 HR (General) recertification credit hours toward aPHR™, aPHRi™, PHR®, PHRca®, SPHR®, GPHR®, PHRi™ and SPHRi™ recertification through HR Certification Institute® (HRCI®). Each HCI Podcast episode (Program ID: 24-DP529) has been approved for 0.50 HR (General) SHRM Professional Development Credits (PDCs) for SHRM-CP and SHRM-SCPHR recertification through SHRM, as part of the knowledge and competency programs related to the SHRM Body of Applied Skills and Knowledge™ (the SHRM BASK™). Human Capital Innovations has been pre-approved by the ATD Certification Institute to offer educational programs that can be used towards initial eligibility and recertification of the Certified Professional in Talent Development (CPTD) and Associate Professional in Talent Development (APTD) credentials. Each HCI Podcast episode qualifies for a maximum of 0.50 points.

Dave Lukas, The Misfit Entrepreneur_Breakthrough Entrepreneurship
374: How Anyone Can Be Their Own Bank and Build True Wealth with Not Your Average Financial Advisor, Mark Willis

Dave Lukas, The Misfit Entrepreneur_Breakthrough Entrepreneurship

Play Episode Listen Later Oct 18, 2023 55:20


This week's Misfit Entrepreneur is Mark Willis. Mark is a man on mission to help people think differently about money. He is the founder of Lake Growth Financial Services, a three-time #1 Best-Selling Author, and host of the Not Your Average Financial Podcast. After graduating with six figures of student loan debt and discovering a way to turn his debt into real wealth as he watched many people lose their retirement savings and home equity in 2008, Mark set out to help his clients take back control of their financial future and build their businesses with proven, tax-efficient financial solutions unknown to most financial gurus. As a result, he has become known as “Not Your Average Financial Planner!” and helped hundreds of clients and entrepreneurs radically change their wealth path for the better. I'm excited for him to share his methods and ways to maximize your income and become debt free. www.KickstartWithMark.com To see the full show notes and Misfit 3 for this episode, go to www.MisfitEntrepreneur.com Show Sponsors: Fiverr: Misfits, if you are not putting the power of a service like Fiverr to work for you, now is the time. Just go to www.MisfitEntrepreneur.com/Fiverr and get started! 5 Minute Journal: The best 5 minutes you will spend each day to help you succeed! www.MisfitEntrepreneur.com/Journal

Real Estate Monopoly
Warning- Avoid THESE Money Mistakes Keeping You From Wealth! - with Mark Willis

Real Estate Monopoly

Play Episode Listen Later Oct 9, 2023 46:39


There are a few common money mistakes most people are making…and it's keeping them from building real wealth.  In today's episode, Mark Willis - a CERTIFIED FINANCIAL PLANNER™, a three-time #1 Best Selling Author and the owner of Lake Growth Financial Services - is here to debunk some common myths and misconceptions involving debt, investing, diversification and more. He'll also explain the strategy that the Dave Ramseys of the world don't want you to know about.  If you want to retire early, keep listening. Mark Willis, CFP® is a man on a mission to help you think differently about your money, your economy and your future. 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. As co-host of the Not Your Average Financial Podcast™, he shares some of his strategies for investing in 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. During our conversation, Mark discusses:

David C Barnett Small Business & Deal Making
LIVE - USA E2 Visa Via Franchise Challenges Opportunities With Guest Jeremy Bollington

David C Barnett Small Business & Deal Making

Play Episode Listen Later Sep 25, 2023 42:00


E2 Visa via Franchise: Challenges & Opportunities New Livestream guest- Jeremy Bollington I'm happy to have Jeremy Bollington join me on a live broadcast. Jeremy Bollington has helped entrepreneurs achieve freedom through franchise ownership. Tune in and as we'll be discussing the challenges and opportunities of using a franchise investment to facilitate an E2 visa entry into the United States.. A ‘don't miss' event for global entrepreneurs who are considering a move to the USA. See all my videos relating to franchises here: https://www.youtube.com/playlist?list=PLqomziNDpylW_RSu9OOa2ix8HHIlPDQ33 See my interview with attorney Aga Asbury all about E2 visas here: https://youtube.com/live/BmLTKq0lJiE Find Jeremy online at: https://www.linkedin.com/in/franchise-expert/ Thanks to our sponsors: Mark Willis of Lake Growth Financial Services. Build an equity asset that is guaranteed to grow over time, never lose value and give you access to liquidity whenever you need it without having to qualify for credit- EVER. Learn more and sign up for a no-obligation consultation at https://www.NewBankingSolution.com If you enjoyed this show and want more great small business content, head over to https://www.SMBPodcastNetwork.com and find more great shows and conversations.

The Model FA
Positioning Yourself with Focus and Purpose with Mark Willis

The Model FA

Play Episode Listen Later Sep 19, 2023 45:30


Mark Willis, CFP® is a man on a mission to help you think differently about your money, your economy and your future. 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. As co-host of the Not Your Average Financial Podcast™, he shares some of his strategies for investing in 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. On episode 136 of the Model FA Podcast David and Mark emphasize the importance of treating oneself as a key investment and examine the one-size-fits-all approach of recommending generic investment options like target date funds to entrepreneurs. They discuss the pitfalls of "shiny object syndrome" as Mark introduces the idea of "iki-gai," a Japanese concept for finding one's reason for being, as a tool to align passion, skill, and market demand.  “Conflict at its root is just unexpressed expectation. So go deep before you get into proposing and strategies and recommendations, figure out what their expectations are.” - Mark Willis This week on The Model FA Podcast: Mark's introduction. Strategies to get to seven figures. Mark's philosophy on target market and how to position yourself. Power of podcasting. Leveraging the power of content. How conflict can build relationships.   Our Favorite Quotes: “Guesting on someone else's show is brain dead simple, because you just get on and you have a conversation with someone who loves to chat with you, and you hopefully enjoy chatting with him. The power there is, you're getting in front of your target audience, you're having a one on one long form discussion with people who might just do business with you.” - Mark Willis Connect with Mark: Twitter: https://twitter.com/LakeGrowth/ LinkedIn: https://www.linkedin.com/in/marklakegrowth/ Website: https://lakegrowth.com/ Email: thanks@lakegrowth.com   Learn More About YCharts This episode is sponsored by our friends at YCharts. Exciting times at YCharts — they just announced their latest product enhancement called Proposals. YCharts Proposals is a game-changing capability, empowering wealth management professionals with the prowess to craft captivating narratives, effectively conveying their investment strategies that help win new business. But that's not all – mark your calendars for September 22nd because YCharts will be hosting a webinar to unveil Proposals and show off its full potential. You'll learn how to whip up reports that don't just highlight the value of your investment strategies but also cater to your clients' unique financial needs. Click the this link to register for YCharts' webinar if you want to learn more about Proposals, and get 15% off your initial subscription when you start your free YCharts trial (new customers only).  Register: https://ycharts.zoom.us/webinar/register/5916933495668/WN_OD3x5xyzQ7qWTrtGDChLFA About the Model FA Podcast: The Model FA podcast is a show for fiduciary financial advisors. In each episode, our host David DeCelle sits down with industry experts, strategic thinkers, and advisors to explore what it takes  to build a successful practice — and have an abundant life in the process. We believe in continuous learning, tactical advice, and strategies that work — no “gotchas” or BS. Join us to hear stories from successful financial advisors, get actionable ideas from experts, and re-discover your drive to build the practice of your dreams.   Our Team: President of Model FA, David DeCelle    

Casandra Properties Real Estate Podcast
Debt-Free Life: Mastering Self-Banking Strategies witth Mark Willis | Prereal Podcast #163

Casandra Properties Real Estate Podcast

Play Episode Listen Later Aug 31, 2023 42:03


EPISODE SUMMARY: Prepare yourself to be enlightened by the astute financial insights of Mark Willis, owner of Lake Growth Financial Services. You'll learn how to maximize your financial potential with his "be-your-own-banker" philosophy and understand the importance of investing in your thoughts, harnessing a clear mind, and a singular purpose. Discover a unique thought experiment shared by Mark to revolutionize your perspective on money and economy. MARK'S BIO : Mark Willis is a man on a mission to help you think differently about your money, your economy and your future. After graduating with six figures of student loan debt and discovering a way to turn his debt into real wealth as he watched everybody lose their retirement savings and home equity in 2008, he knew that he needed to find a more predictable way to meet his financial objectives and those of his clients. Mark is a CERTIFIED FINANCIAL PLANNERTM, a THREE TIME #1 Best Selling Author, the Owner of Lake Growth Financial Services, a financial firm in Chicago, Illinois and co-host of the Not Your Average Financial PodcastTM. 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 unknown to most financial gurus. He has become known as “Not Your Average Financial Planner!” Get in touch with Mark: Lake Growth Financial Services: https://lakegrowth.com/ Not Your Average Financial Podcast: https://nyafinancialpodcast.com/ YouTube: https://www.youtube.com/channel/UCw-DvhKT2EaPFdncLy39LIQ LinkedIn: https://www.linkedin.com/in/marklakegrowth/ Twitter:https://twitter.com/LakeGrowth Facebook: https://www.instagram.com/notyouraveragefinancial/ Instagram: https://www.instagram.com/notyouraveragefinancial/ EPISODE CHAPTERS: (0:00:00) - Maximize Your Financial Potential With Mark Willis Mark Willis shares his "be-your-own-banker" philosophy and how to focus energy to achieve success, discussing money, economy, and clear thinking. (0:15:54) - Bank on Yourself Mark Willis shares his experience of using dividend paying whole life insurance as a financial planning tool, regretting not investing more heavily in it 20 years ago. (0:25:20) - Bank on Yourself Bank on yourself strategy builds long-term wealth through dividend-paying whole life insurance, accessing cash quickly and easily, and investing in rental properties. (0:32:21) - Banking on Yourself Bank on Yourself strategy utilizes dividend-paying whole life insurance to create guaranteed annual cash value increase, incentivizing longevity, with a liquid pool of money to meet death benefit obligations. (0:40:15) - Optimizing Portfolio for Financial Efficiency Mark Willis encourages us to optimize and maximize our portfolios with professional resources. For informational purposes only. Always consult with professionals. This is not meant to be used as legal or tax advice or otherwise. Any projections, opinions, assumptions, or estimates used are for example only. All information should be independently verified and is subject to errors and omissions. Check out some of our other videos and listings: PreReal Podcast https://www.youtube.com/watch?v=pTgZYyrkRyU&list=PLbyMUN39hTNWUFWH-tprcR0sTOwdqCfuk PreReal™, Prendamano Real Estate of staten island, NY is a real estate marketing firm that is focused on lead generation for all its properties for sale. More leads equals bigger pockets in the end for everyone. If you are house hunting and looking for a house for sale don't hesitate to give us a call (718)200-7799. If you think it is time to sell your house, we can get you top dollar for your property. Visit us at www.prereal.com Follow us on: Facebook: https://www.facebook.com/PrendamanoRealEstate Instagram: @prerealpodcast @prerealestate TikTok: @prerealestate Twitter: @prerealestate #RealEstate #Tips #PreReal

The Smart Real Estate Coach Podcast|Real Estate Investing
Episode 415: Reserving Funds with Life Insurance, with Mark Willis

The Smart Real Estate Coach Podcast|Real Estate Investing

Play Episode Listen Later Aug 9, 2023 23:01


Mark Willis, CFP® is a man on a mission to help you think differently about your money, your economy, and your future. 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. As co-host of the Not Your Average Financial Podcast™, he shares some of his strategies for investing in 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 safe and predictable ways, become their own source of financing, and create tax-free income in retirement.   What you'll learn about in this episode: Why Mark's financial products and services matter more than ever in today's market Why banks are not as secure for storing your money as you may believe How Mark helps business owners and investors build wealth and access liquid cash through life insurance policies Mark's thoughts on today's market and his key takeaways What you can do today to ensure your funds are secure to have assets ready to make new deals   Resources: Everyone is always asking us, “How is it possible to buy real estate without using my own cash or credit?” With decades of combined experience in real estate, we've perfected the process of investing creatively. We want to share as much as we can with you, which is exactly why we're running this FREE workshop! If you're thinking about leaving your job, escaping the W-2 lifestyle, and starting on the path towards creating generational wealth — this is for you! To register, just visit: smartrealestatecoach.com/pcws.   Schedule a free strategy session with us. This is an opportunity for you to have an honest conversation with our team about your background, investment goals and create some action steps toward creating the life of your dreams. Together we'll discover where you are, where you want to be, and what's in the way. Just visit: smartrealestatecoach.com/action.   Our free Master's Class is the ONLY webinar where you're given the exact techniques we use in our family company to buy and sell homes every month — all across North America and ALL on TERMS! Register by visiting: smartrealestatecoach.com/mastersclass.   The Wicked Smart Investor's Toolkit is a great way to dip your toe in the water of buying properties on terms. Here you'll receive seller scripts, our investor blueprint, be able to listen to live calls, and much more! Enroll for free at smartrealestatecoach.com/tools.   The Quantum Leap System has everything you'll need to start buying and selling on terms (without banks and without your own money or credit), launch & scale a business that fits your goals, and strengthen your mindset so you can follow the proven path to becoming a successful real estate investor. You can learn more by visiting: smartrealestatecoach.com/qls.   For additional information on lead generation, funding, mindset coaching, legal assistance, virtual staffing, and business growth, visit the Investor Resources section of our website at: smartrealestatecoach.com/resources.   Follow Chris and Zach on Club House to learn even more about deal structures and how to get 3 paydays from your real estate investments.   Chris's Book: Real Estate on Your Terms: https://www.amazon.com/Real-Estate-Your-Terms-Revised-ebook/dp/B08HVVFD2G/   Instant Real Estate Investor eBook: https://smartrealestatecoach.com/ebook/   Find our next workshop here: https://smartrealestatecoach.com/workshop   QLS Live – September 13-15, 2023: www.QLSLive.com   If you're looking to secure some lines of credit for your business, check out Fund and Grow: www.Smartrealestatecoach.com/fundandgrow   Learn more about Associate Coaching Program Funding here: www.smartrealestatecoach.com/funding   90-Day Jump Start: www.smartrealestatecoach.com/jump   Nat Processing Website: www.natprocessing.com   Additional Resources: Schedule a 15 minute phone strategy session with Mark and his team. Visit www.kickstartwithMark.com   www.smartrealestatecoach.com/lakegrowth

Thinking Like a Bank
Episode 105: What is Premium Financing? With Mark Willis, CFP®

Thinking Like a Bank

Play Episode Listen Later Aug 3, 2023 28:27


Have you heard of premium financing? If you've been researching the Bank on Yourself Concept as well as cash value whole life insurance, then you may have recently learned about premium financing. Premium financing is a complex subject that requires careful consideration and research. Check out this episode with Certified Financial Planner, Mark Willis of Lake Growth Financial Services, to learn more about premium financing and how it works.

David C Barnett Small Business & Deal Making
LIVE - Fractional Sales, Roll Ups And Machine Shops with Guest Eric J Gall

David C Barnett Small Business & Deal Making

Play Episode Listen Later Jul 24, 2023 43:06


New Livestream guest- Eric J Gall, Broker at Edison Business Advisors I'm happy to have Eric join me on a live broadcast. He has corporate experience managing small business spin-outs from big companies and has transitioned into the business brokerage and M&A industry. Tune in and as we'll be discussing his experience with corporate sellers, and, in particular the challenges of businesses with a lot of equipment value. This is a ‘must see event' for anyone who might want to buy a piece of a large company when the opportunity arises or someone who is into ‘big iron.' Find Eric online at https://www.edisonba.com/ Thanks to our sponsors: Mark Willis of Lake Growth Financial Services. Build an equity asset that is guaranteed to grow over time, never lose value and give you access to liquidity whenever you need it without having to qualify for credit- EVER. Learn more and sign up for a no-obligation consultation at https://www.NewBankingSolution.com If your business is struggling to pay off high interest debts and you need help, check out this program from Bardwell Creative. https://courses.bardwellcreative.com/courses/business-debt-settlement-course?ref=6a30ba If you enjoyed this show and want more great small business content, head over to https://www.SMBPodcastNetwork.com and find more great shows and conversations.

The Wealth and Freedom Nexus Podcast
WFN #91 - Why when you pay CASH, you are still paying INTEREST!

The Wealth and Freedom Nexus Podcast

Play Episode Listen Later Jul 12, 2023 40:04


Does that title perplex you?  If so, you'll want to listen in!Mark from Lake Growth Financial Services joins us to dispel many money myths and how he empowers individuals to become more financially secure.

David C Barnett Small Business & Deal Making
Live - Change And Hiring In Today's Economy with Greg Griesemer

David C Barnett Small Business & Deal Making

Play Episode Listen Later Jul 10, 2023 46:47


Change and Hiring in today's economy New Livestream guest- Greg Griesemer I'm happy to have Greg join me on a live broadcast. Greg has spent over 20 years in the recruitment and retention business. He knows how to find the right employees who will be a great and lasting fit into an organization. Tune in and as we'll be discussing trends in hiring and retention and how smaller companies can compete with big business in this new world of hybrid work environments. This is a ‘must see event' for anyone who's going to be hiring now or in the future. Find greg online here: https://www.1130.works/ Thanks to our sponsors: Mark Willis of Lake Growth Financial Services. Build an equity asset that is guaranteed to grow over time, never lose value and give you access to liquidity whenever you need it without having to qualify for credit- EVER. Learn more and sign up for a no-obligation consultation at https://www.NewBankingSolution.com If your business is struggling to pay off high interest debts and you need help, check out this program from Bardwell Creative. https://courses.bardwellcreative.com/courses/business-debt-settlement-course?ref=6a30ba If you enjoyed this show and want more great small business content, head over to https://www.SMBPodcastNetwork.com and find more great shows and conversations.

David C Barnett Small Business & Deal Making
LIVE Bank On Yourself – Viewer Success Stories With Mark Willis

David C Barnett Small Business & Deal Making

Play Episode Listen Later Jun 26, 2023 59:28


Book your own call with Mark at https://www.NewBankingSolution.com New Livestream guest- Mark Willis of Lake Growth Financial Services I'm happy to have Mark Willis come back for a 6th time to join me on a live broadcast. Mark helps people better manage their financial resources through the Bank On Yourself Insurance System. Tune in and as we'll be discussing how people in my audience just like you have used this system. This is a ‘must see event' for anyone wanting to better manage their finances in their personal or business life. Be sure to join live so that you can ask questions, replay will be available. Mark Willis of Lake Growth Financial Services. Build an equity asset that is guaranteed to grow over time, never lose value and give you access to liquidity whenever you need it without having to qualify for credit- EVER. Learn more and sign up for a no-obligation consultation at https://www.NewBankingSolution.com

David C Barnett Small Business & Deal Making
LIVE - Business Buyer Insolvency With Doug Hoyes

David C Barnett Small Business & Deal Making

Play Episode Listen Later Jun 12, 2023 44:04


New Livestream guest- Doug Hoyes I'm happy to have Doug join me on a live broadcast. Doug Hoyes is a Licensed Insolvency Trustee in Kitchener, Ontario and co-founder of Hoyes Michalos. Tune in and we'll be discussing problems that people get into with money and debt when they buy a business. While Doug takes care of people going bankrupt or filing creditor proposals in Canada, I'm sure the lessons shared will be valuable for business buyers around the world. This is a ‘must see event' for anyone considering a business purchase. Find Doug's show online here: https://www.youtube.com/c/DebtFreein30 Thanks to our sponsors: Mark Willis of Lake Growth Financial Services. Build an equity asset that is guaranteed to grow over time, never lose value and give you access to liquidity whenever you need it without having to qualify for credit- EVER. Learn more and sign up for a no-obligation consultation at https://www.NewBankingSolution.com If you enjoyed this show and want more great small business content, head over to https://www.SMBPodcastNetwork.com and find more great shows and conversations.

Financial Advisor's Workshop with Brian Kasal
#48 Attracting the Right Clients and Repelling the Wrong Ones w/ Mark Willis, CFP and Owner, Lake Growth Financial Services

Financial Advisor's Workshop with Brian Kasal

Play Episode Listen Later Jun 7, 2023 30:06


Download “How to Find Ultra High Net Worth Clients” from ⁠⁠⁠https://FinancialAdvisorsWorkshop.com⁠ Mark Willis (https://lakegrowth.com/) is a Certified Financial Planner™, a three-time #1 Best Selling Author, the Owner of Lake Growth Financial Services, a financial firm in Chicago, Illinois, and co-host of the Not Your Average Financial Podcast™.  In this episode, Brian Kasal and Mark Willis discuss: 1. Strategies for Attracting the Right Clients and Repelling the Wrong Ones 2. Training and Mentoring Other Advisors to Grow Your Practice 3. Learn the Secrets to Mastering Financial Planning  4. Making a Lasting Impact On Your Clients' Financial Future – and Your Own! Website: https://nyafinancialpodcast.com/ LinkedIn: https://www.linkedin.com/in/marklakegrowth/ Twitter: https://twitter.com/LakeGrowth Youtube: https://www.youtube.com/c/NotYourAverageFinancialPodcast To see short videos of all our best FA Business Growing tips follow us on: Instagram: ⁠⁠⁠https://www.instagram.com/FinancialAdvisorsWorkshop⁠⁠⁠ TikTok: ⁠⁠⁠https://www.tiktok.com/@faworkshop⁠⁠⁠ YouTube: ⁠⁠⁠https://www.youtube.com/@financialadvisorsworkshop⁠⁠⁠ Facebook: ⁠⁠⁠https://www.facebook.com/FinancialAdvisorsWorkshop⁠⁠⁠ Twitter: ⁠⁠⁠https://twitter.com/FAsWorkshop⁠⁠⁠ iTunes: ⁠⁠⁠https://podcasts.apple.com/us/podcast/financial-advisors-workshop-with-brian-kasal/id1614768408⁠⁠⁠ Spotify: ⁠⁠⁠https://open.spotify.com/show/4OB78889GRx2FHjvWtsyeE⁠⁠⁠ Website: ⁠⁠⁠https://financialadvisorsworkshop.com/⁠⁠⁠ Interested in working at FourStar: ⁠⁠⁠https://financialadvisorsworkshop.com/advisors⁠⁠⁠ DISCLAIMER: This content is provided by FourStar Wealth Advisors for the general public and general information purposes only. This content is not considered to be an offer to buy or sell any securities or investments. Investing involves the risk of loss and an investor should be prepared to bear potential losses. Investment should only be made after thorough review with your investment advisor considering all factors including personal goals, needs and risk tolerance. FourStar is an SEC registered investment advisor that maintains a principal business in the state of Illinois. The firm may only transact business in states in which it has filed or qualifies for a corresponding exemption from such requirements. For information about FourStar's registration status and business operations please consult the firm's form ADV disclosure documents, the most recent versions of which are available on the SEC investment advisory public disclosure website at ⁠⁠⁠www.adviserinfo.sec.gov⁠⁠

David C Barnett Small Business & Deal Making
LIVE - Communication As A Competitive Advantage With Brenden Kumarasamy

David C Barnett Small Business & Deal Making

Play Episode Listen Later Jun 5, 2023 34:00


New Livestream guest- Brenden Kumarasamy https://www.rockstarcommunicator.com/ https://youtube.com/@MasterTalks I'm happy to have Brenden Kumarasamy join me on a live broadcast. Brenden Kumarasamy has teaches people how to be more effective at communication and public speaking. He's a coach and host of his own YouTube channel. Tune in and as we'll be discussing how entrepreneurs, business buyers and others can be more effective at speaking and communication. This is a ‘must see event' for everyone who wants to make sure they can't be replaced by AI! Thanks to our sponsors: Mark Willis of Lake Growth Financial Services. Build an equity asset that is guaranteed to grow over time, never lose value and give you access to liquidity whenever you need it without having to qualify for credit- EVER. Learn more and sign up for a no-obligation consultation at https://www.NewBankingSolution.com If you enjoyed this show and want more great small business content, head over to https://www.SMBPodcastNetwork.com and find more great shows and conversations.

David C Barnett Small Business & Deal Making
Live - Immigrating To Canada As An Entrepreneur With Evelyn Ackah

David C Barnett Small Business & Deal Making

Play Episode Listen Later May 29, 2023 40:36


New Livestream guest- Evelyn L. Ackah https://ackahlaw.com/ I'm happy to have Evelyn join me on a live broadcast from her Calgary, Alberta Headquarters. Evelyn has been practicing law in the area of immigration since 2010 helping people come to Canada and helping Canadians work and live in the US. Tune in and as we'll be discussing how people can use entrepreneurship and business acquisition as a way to move legally to Canada. Thanks to our sponsors: Mark Willis of Lake Growth Financial Services. Build an equity asset that is guaranteed to grow over time, never lose value and give you access to liquidity whenever you need it without having to qualify for credit- EVER. Learn more and sign up for a no-obligation consultation at https://www.NewBankingSolution.com If your business is struggling to pay off high interest debts and you need help, check out this program from Bardwell Creative. https://courses.bardwellcreative.com/courses/business-debt-settlement-course?ref=6a30ba If you enjoyed this show and want more great small business content, head over to https://www.SMBPodcastNetwork.com and find more great shows and conversations.

Profit Is A Choice
Become Your Own Banker to Control Your Finances

Profit Is A Choice

Play Episode Listen Later May 21, 2023 50:54


230: Become Your Own Banker to Control Your Finances with Mark Willis Joining me on the podcast today is Mark Willis. He's the owner of Lake Growth Financial Services, a financial firm in Chicago, Illinois. Mark is going to lead us on the journey of understanding our financials better. We're going to be looking at how to be the bank for our company, what it means to take back ownership, money, and lending instead of being a slave to the banks or to somebody else holding a note over our head or having so much debt that we don't know how to get out from under it. Mark will share stories and give us methodologies and mindset changes so that we too can be in full control of our finances.  Topics Mentioned: Cost of Debt  Building Wealth  Money Mindset  Generational Wealth  Key Thoughts:   That became my mantra, I want to be better than debt free. And so, as a financial planner, now, I help people become better than debt free. I have since paid off my debts. But more than that, I bought them back by becoming my own banker, paying the student loan snakes off, and actually collecting that money from myself to get a profit off the debt that I once paid to somebody else. Mark Willis (6:03)   It's kind of the Profit First dilemma that we see all the money sitting in the bank account, and they just start taking it. What they've done in essence, is they rob the company coffers to live a lavish lifestyle, to go on trips to fix up their house, to do whatever, to pay a medical bill. I don't care what it is. But they took it from the business prior to when it should have been taken. And now the business is running lean, and they're struggling. And it was the entire lifeblood to build their life and they just destroyed the lifeblood. Michele (23:23)   When you have the bank, you control the whole card table. Imagine how this would work in almost every business. Mark Willis (42:07)   Today has been all about taking back control. And I want to encourage you to do that. Because if you own it, you can change it. And that's the beautiful thing about profit. We're building it. Michele (50:09)   Contact Michele: Email: Team@ScarletThreadConsulting.com Facebook: Scarlet Thread Consulting Instagram: @ScarletThreadATL Website: ScarletThreadConsulting.com LinkedIn: Michele Williams Contact Mark: Email: mark@lakegrowth.com Website: https://lakegrowth.com/ Instagram: https://www.instagram.com/notyouraveragefinancial/ Facebook: https://www.facebook.com/lakegrowth LinkedIn: https://www.linkedin.com/in/marklakegrowth/ Twitter: https://twitter.com/LakeGrowth References and Resources: Work with Me Metrique Solutions Scarlet Thread Consulting Debt for the First 5000 Years by David Graeber Profit First by Mike Michalowicz

The Wiser Financial Advisor Podcast with Josh Nelson
Thinking About Your Money Differently with Guest Mark Willis (#107)

The Wiser Financial Advisor Podcast with Josh Nelson

Play Episode Listen Later May 16, 2023 22:31 Transcription Available


Host Josh Nelson sits down and talks money with fellow CFP Mark Willis. Together they are on a mission to help you think about your money differently and intelligently.Mark Willis is a three time #1 best selling author, owner of Lake Growth Financial Services in Chicago Illinois and co-host of the podcast "Not Your Average Financial Podcast".Lake Growth Financial Serviceshttps://lakegrowth.comNot our Average Financial Podcasthttps://podcasts.apple.com/us/podcast/not-your-average-financial-podcast/id1288766770Keystone Financial Serviceshttps://www.keystonefinancial.com/Instagram: https://www.instagram.com/keystonefin/Twitter: https://twitter.com/Keystone_Fin?advisorid=33004651Contact Josh: https://www.keystonefinancial.comEditor: Tim Leaman/info.primegen@gmail.comMarketing Director: Macy Chapmanhttps://www.keystonefinancial.com/team/macy-chapman

Thinking Like a Bank
Episode 98 - What is Happening in the Banking Industry? With Mark Willis, CFP®

Thinking Like a Bank

Play Episode Listen Later May 11, 2023 26:11


Today, Mark Willis of Lake Growth Financial Services and ​Sarry talked about what is happening in the banking world, specifically why banks are in danger. As we record this episode in mid-2023, we'll also discuss what depositors and customers need to know to protect themselves in these uncertain times.

Best Real Estate Investing Advice Ever
JF3170: How to Become the Bank and Self-Finance Deals ft. Mark Willis

Best Real Estate Investing Advice Ever

Play Episode Listen Later May 10, 2023 39:20


Mark Willis is a certified financial planner with Lake Growth Financial Services, which works with individuals, couples, and business owners who want to grow their wealth in a safe and predictable manner and create tax-free income for life. In this episode, Mark discusses the concept of becoming your own source of financing through a whole life insurance policy which provides guaranteed growth and accessible cash that other investment options cannot.   Mark Willis | Real Estate Background Certified financial planner at Lake Growth Financial Services Portfolio: LP in three multifamily syndications Based in: Chicago, IL Say hi to him at:  Linktree   Click here to learn more about our sponsors: MFINCON BAM CAPITAL

David C Barnett Small Business & Deal Making
Live - Fuel For Fast Growing Companies That Wait To Get Paid!

David C Barnett Small Business & Deal Making

Play Episode Listen Later May 1, 2023 52:25


New Livestream guest- Kelly Nelson from TCI Business Capital I'm happy to have Kelly join me on a live broadcast. He has over a decade of experience helping companies with operating capital solutions to get money in the door more quickly. Tune in and as we'll be discussing factoring of accounts receivables. What is it? How does it work? Are the things you've heard true? Who will it work for? This is a ‘must see event' for any business that waits to get paid from other businesses. Email Kelly at knelson@tcicapital.com Web https://www.tcicapital.com/ Thanks to our sponsors: Mark Willis of Lake Growth Financial Services. Build an equity asset that is guaranteed to grow over time, never lose value and give you access to liquidity whenever you need it without having to qualify for credit- EVER. Learn more and sign up for a no-obligation consultation at https://www.NewBankingSolution.com Look good. Get a new shirt from Jeff Alpaugh Customs and save with this link: https://www.JeffAlpaugh.com/dcb10 If your business is struggling to pay off high interest debts and you need help, check out this program from Bardwell Creative. https://courses.bardwellcreative.com/courses/business-debt-settlement-course?ref=6a30ba See my interview with Kenny here: https://youtube.com/live/-t7W2CVWuy0 If you enjoyed this show and want more great small business content, head over to https://www.SMBPodcastNetwork.com and find more great shows and conversations.

David C Barnett Small Business & Deal Making
LIVE - Does Your Business MAX OUT It's Referral Potential? Guest Stacey Brown Randall

David C Barnett Small Business & Deal Making

Play Episode Listen Later Apr 24, 2023 50:27


New Livestream guest- Stacey Brown Randall I'm happy to have Stacey join me on a live broadcast. She's made all the common mistakes in business and now works to help make sure you're maximizing your referral opportunities via having the right systems. Tune in and as we'll be discussing how you can start taking a systems approach to generating referrals from happy clients. This is a ‘must see event' for anyone who owns a business or will one day, in particular those who sell highly priced products or services. https://www.staceybrownrandall.com/ Thanks to our sponsors: Mark Willis of Lake Growth Financial Services. Build an equity asset that is guaranteed to grow over time, never lose value and give you access to liquidity whenever you need it without having to qualify for credit- EVER. Learn more and sign up for a no-obligation consultation at https://www.NewBankingSolution.com Look good. Get a new shirt from Jeff Alpaugh Customs and save with this link: https://www.JeffAlpaugh.com/dcb10 If your business is struggling to pay off high interest debts and you need help, check out this program from Bardwell Creative. https://courses.bardwellcreative.com/courses/business-debt-settlement-course?ref=6a30ba If you enjoyed this show and want more great small business content, head over to https://www.SMBPodcastNetwork.com and find more great shows and conversations.

David C Barnett Small Business & Deal Making
Live - How Has The Market For Online Businesses Changed In 2023 With Jaryd Krause

David C Barnett Small Business & Deal Making

Play Episode Listen Later Apr 17, 2023 59:00


New Livestream guest- Jaryd Krause I'm happy to have Jaryd join me on a live broadcast. Jaryd has been investing in online businesses and teaching others how to find, buy and renovate online businesses for years. He's the host of the Buying Online Businesses Podcast and we first met when he came on my show in 2019!! Tune in and as we'll be discussing how the world of online businesses is changing in 2023 and what to watch out for if you're considering one of these businesses. This is a ‘must see event' for anyone who dreams of buying a business that provides location independence. Spencer Cornelia 'Done for you online business' video mentioned: https://youtu.be/0BY9XCKAT5M The big fraud was 'JP Morgan buying Frank' learn more here: https://youtu.be/tanAbAKy6nA Jaryd's Podcast: https://buyingonlinebusinesses.com/podcast/ Jaryd's 2021 appearance: https://youtube.com/live/Dg_aZQ06_C0 Oct 2021-Online Businesses are passive income? https://youtu.be/BlMOO4F5epw Jaryd's 2019 appearance: https://youtu.be/oEfl9Ex9CXY Thanks to our sponsors: Mark Willis of Lake Growth Financial Services. Build an equity asset that is guaranteed to grow over time, never lose value and give you access to liquidity whenever you need it without having to qualify for credit- EVER. Learn more and sign up for a no-obligation consultation at https://www.NewBankingSolution.com Look good. Get a new shirt from Jeff Alpaugh Customs and save with this link: https://www.JeffAlpaugh.com/dcb10 If your business is struggling to pay off high interest debts and you need help, check out this program from Bardwell Creative. https://courses.bardwellcreative.com/courses/business-debt-settlement-course?ref=6a30ba If you enjoyed this show and want more great small business content, head over to https://www.SMBPodcastNetwork.com and find more great shows and conversations.

Entrepreneur Conundrum
Creating Lifetime Income with Mark Willis' Expert Financial Strategies

Entrepreneur Conundrum

Play Episode Listen Later Apr 10, 2023 26:19


Looking for ways to take control of your financial future? Look no further than the Entrepreneur Conundrum podcast! In this episode, financial planner and author Mark Willis shares his expertise on creating wealth and predictability through tax-efficient financial solutions. He emphasizes the importance of thinking differently about money, the economy, and the future to meet financial objectives, and offers real-world advice for building a more secure financial future. With a focus on alternative financial strategies and the importance of targeting the right audience through various mediums such as podcasts, LinkedIn, YouTube channels, blogs and books, Willis helps individuals achieve financial certainty and control through real estate investing and entrepreneurship. Whether you are a business owner looking to scale and leverage or an individual looking to create passive income, this episode is a must-listen. Take charge of your money and achieve your dreams with the guidance of financial expert Mark Willis. Listen now to gain clarity on personal goals and next steps to create wealth and achieve your dreams! - The guest is Mark Willis, a certified financial planner and owner of Lake Growth Financial Services.- Willis helps individuals create wealth and predictability through tax-efficient financial solutions.- He emphasizes the importance of thinking differently about money, the economy, and the future to meet financial objectives.- Willis shares his personal experience with student loan debt and his entrance into the financial universe after hearing a devastating conversation between a CPA and her clients during the 2008 financial crisis.- He focuses on helping people achieve financial certainty and control, particularly through real estate investing and entrepreneurship.- Willis believes in the power of teaching others to solidify their own learning, and his ideal clients are individuals who want to take control of their financial futures.- He discusses alternative financial strategies and emphasizes the importance of targeting the right audience through various mediums such as podcasts, LinkedIn, YouTube channels, blogs, and books.- Willis aims to expand his firm and have more professionals carry out reasonable financial planning conversations, with the ultimate goal of having more people in complete control of their financial future.- He recommends exploring other financial tools besides traditional retirement accounts such as 401Ks, IRAs, stocks, bonds, mutual funds, index funds, and ETFs.- Willis advises individuals to take charge of their money and have a plan for every dollar to create wealth and achieve their dreams. KEY QUESTIONSVirginia Purnell 00:01:22 How did you kind of get to where you are today? Are you still what you did in college?Virginia Purnell 00:03:23 So how long have you been a financial planner?Virginia Purnell 00:05:17 Do you help businesses too, or is it more just on the personal side?Virginia Purnell 00:06:00 Who would be your ideal client, would you say then?Virginia Purnell 00:07:07 So how do you get in front of those people?Virginia Purnell 00:09:19 So what are some goals that you're working on in the next year or two?Virginia Purnell 00:12:01 So do you do group sessions or more?Virginia Purnell 00:13:15 Do you feel like there's, like, a roadblock at all? Or what would you say is your number one roadblock that's maybe stopping you from reaching your big goal?Virginia Purnell 00:14:43 What's the best advice that you have ever received?Virginia Purnell 00:16:43 What do you think the best advice that you've ever given is?Virginia Purnell 00:22:51 So do you help people in Canada, too, or just more in the US?Virginia Purnell 00:23:34 Is there anything that we haven't talked about yet that you would like to share with us? Mark WillisLake Growth Financial Services:Lake Growth – Financial ServicesNot Your Average Financial Podcast:Not Your Average Financial Podcast™YouTube:Not Your Average Financial PodcastLinkedIn: https://www.linkedin.com/in/marklakegrowth/Twitter:https://twitter.com/LakeGrowth Virginia PurnellFunnel & Visibility SpecialistDistinct Digital Marketing(833) 762-5336virginia@distinctdigitalmarketing.comwww.distinctdigitalmarketing.comBook a Free Call http://bit.ly/DDMBookACallEC

Online Success Journey
#371: Mark Willis

Online Success Journey

Play Episode Listen Later Apr 6, 2023 34:46


Mark Willis is a man on a mission to help you think differently about your money, your economy and your future. After graduating with six figures of student loan debt and discovering a way to turn his debt into real wealth as he watched everybody lose their retirement savings and home equity in 2008, he knew that he needed to find a more predictable way to meet his financial objectives and those of his clients. Mark is a CERTIFIED FINANCIAL PLANNER™, a THREE TIME #1 Best Selling Author, the Owner of Lake Growth Financial Services, a financial firm in Chicago, Illinois and co-host of the Not Your Average Financial Podcast™. 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 unknown to most financial gurus. He has become known as “Not Your Average Financial Planner!”

David C Barnett Small Business & Deal Making
LIVE - Dodging Bone - Crushing Business Debts Without Going To Court! Guest Kenny Butler

David C Barnett Small Business & Deal Making

Play Episode Listen Later Apr 3, 2023 54:21


New Livestream guest- Kenny Butler Find Ken's Program here: https://courses.bardwellcreative.com/courses/business-debt-settlement-course?ref=6a30ba I'm happy to have Kenny join me on a live broadcast. Ken has been helping clients negotiate their way out of bone-crushing business debts for years. Tune in and as we'll be discussing how to negotiate a settlement for high-interest business debts without the need to go to court. Kenny has been a guest of the channel before in which he discussed how he negotiated these workouts, but now he's offering to help you do it yourself. I took his system for a test-drive, and I'm impressed. This is a ‘must see event' for any small business owner who has trouble accessing bank credit and may need to use higher-interest borrowing products, especially if you've suffered any kind of business downturn such as a drop in sales. Be sure to join live so that you can ask questions, replay will be available. We'll be going live Monday April 03, 2023 at 12 Noon Eastern Time and 1 PM Atlantic Time See you there! David C Barnett Mentioned videos: How expensive is Merchant Cash Advance: https://youtu.be/kCLS09fXUE4 Big Bank + Fintech = Expensive money: https://youtu.be/YyrkeQK2NfE Thanks to our sponsors: Mark Willis of Lake Growth Financial Services. Build an equity asset that is guaranteed to grow over time, never lose value and give you access to liquidity whenever you need it without having to qualify for credit- EVER. Learn more and sign up for a no-obligation consultation at https://www.NewBankingSolution.com Look good. Get a new shirt from Jeff Alpaugh Customs and save with this link: https://www.JeffAlpaugh.com/dcb10 If your business is struggling to pay off high interest debts and you need help, check out this program from Bardwell Creative. https://courses.bardwellcreative.com/courses/business-debt-settlement-course?ref=6a30ba If you enjoyed this show and want more great small business content, head over to https://www.SMBPodcastNetwork.com and find more great shows and conversations.

David C Barnett Small Business & Deal Making
LIVE - Due - Diligence And Quality Of Earnings Reports With Elliott Holland

David C Barnett Small Business & Deal Making

Play Episode Listen Later Mar 31, 2023 74:13


New Livestream guest- Elliott Holland I'm happy to have Elliott join me on a live broadcast. Elliott owns a business called Guardian Due Diligence that does due-diligence investigations on target companies. Find them online at https://www.guardianduediligence.com/ Elliott is on Twitter at https://twitter.com/ElliottEHolland Tune in and as we'll be discussing Quality of Earnings reports and other due-diligence stuff. This is a ‘must see event' for anyone who wants to buy a business, especially a mid-market one with lots of numbers and records all over the place. David C Barnett Thanks to our sponsors: Mark Willis of Lake Growth Financial Services. Build an equity asset that is guaranteed to grow over time, never lose value and give you access to liquidity whenever you need it without having to qualify for credit- EVER. Learn more and sign up for a no-obligation consultation at https://www.NewBankingSolution.com Look good. Get a new shirt from Jeff Alpaugh Customs and save with this link: https://www.JeffAlpaugh.com/dcb10 If you enjoyed this show and want more great small business content, head over to https://www.SMBPodcastNetwork.com and find more great shows and conversations.

Practical Wisdoms
How to Turn Graduating with 6 Figures of Student Debt into Real Wealth

Practical Wisdoms

Play Episode Listen Later Mar 28, 2023 28:05


Student loan debt is one of the most hot-button issues of our time. Millions of college-educated people are struggling to make ends meet due to crippling student debt, and many are unable to pursue life milestones like getting married, buying a house, or having kids. Wouldn't it be amazing if that student debt could transform from a financial burden into real wealth instead? That's what Mark Willis did, and we spoke with him about how you, too, can change debt into wealth. Mark Willis is a man on a mission to help you think differently about your money, your economy, and your future. After graduating with six figures of student loan debt and discovering a way to turn his debt into real wealth as he watched everybody lose their retirement savings and home equity in 2008, he knew that he needed to find a more predictable way to meet his financial objectives and those of his clients.Mark is a CERTIFIED FINANCIAL PLANNER™, a THREE TIME #1 Best Selling Author, the Owner of Lake Growth Financial Services, a financial firm in Chicago, Illinois and co-host of the Not Your Average Financial Podcast™. 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 unknown to most financial gurus. He has become known as “Not Your Average Financial Planner!” Read more at petite2queen.com/turn-student-debt-real-wealthSupport the show

David C Barnett Small Business & Deal Making
LIVE Small Business Attorney Joel Ankney Talking Deals And Contracts

David C Barnett Small Business & Deal Making

Play Episode Listen Later Mar 27, 2023 51:29


New Livestream guest- Joel Ankney Find Joel on Linkedin at: https://www.linkedin.com/in/joelankney/ Website: https://www.JoelAnkney.com **** Please fill in the Viewer survey at http://www.DCBsurvey.com I'm happy to have Joel join me on a live broadcast. Joel is an experienced small business attorney and author of Here's the Deal: Everything You Wish a Lawyer Would Tell You About Buying a Small Business. I read the book, it's good. Find it online at https://www.amazon.com/shop/davidbarnett So good, it's now used in some universities as a text. Tune in and as we'll be discussing the realities of small business deal making paperwork and contracts, offers, etc. This is a ‘must see event' for anyone who wants to buy or sell a business. Be sure to join live so that you can ask questions, replay will be available. Set yourself a reminder on YouTube here: https://youtube.com/live/Vu3b9z8n4jM Thanks to our sponsors: Mark Willis of Lake Growth Financial Services. Build an equity asset that is guaranteed to grow over time, never lose value and give you access to liquidity whenever you need it without having to qualify for credit- EVER. Learn more and sign up for a no-obligation consultation at https://www.NewBankingSolution.com Look good. Get a new shirt from Jeff Alpaugh Customs and save with this link: https://www.JeffAlpaugh.com/dcb10 If your business is struggling to pay off high interest debts and you need help, check out this program from Bardwell Creative. https://courses.bardwellcreative.com/courses/business-debt-settlement-course?ref=6a30ba If you enjoyed this show and want more great small business content, head over to https://www.SMBPodcastNetwork.com and find more great shows and conversations.

David C Barnett Small Business & Deal Making
LIVE - Interest Rates Threatening Deals- We'll Ask Clint Fiore

David C Barnett Small Business & Deal Making

Play Episode Listen Later Mar 17, 2023 54:41


New Livestream guest- Clint Fiore, principal of Bison Business. I'm happy to have Clint join me on a live broadcast. Clint has 8 years of experience as a business broker in Texas. Tune in and as we'll be discussing how higher interest rates are affecting deals that he's facilitating and what sellers may be feeling in response to this new pressure. This is a ‘must see event' for buyers and sellers of small businesses. Be sure to join live so that you can ask questions, replay will be available. Find Clint online at https://www.bisonbusiness.com Thanks to our sponsors: Mark Willis of Lake Growth Financial Services. Build an equity asset that is guaranteed to grow over time, never lose value and give you access to liquidity whenever you need it without having to qualify for credit- EVER. Learn more and sign up for a no-obligation consultation at https://www.NewBankingSolution.com Look good. Get a new shirt from Jeff Alpaugh Customs and save with this link: https://www.JeffAlpaugh.com/dcb10 If you enjoyed this show and want more great small business content, head over to https://www.SMBPodcastNetwork.com and find more great shows and conversations.

Casandra Properties Real Estate Podcast
Life after debt: How to be your own banker with Mark Willis | Prereal Podcast #138

Casandra Properties Real Estate Podcast

Play Episode Listen Later Mar 9, 2023 48:14


Mark Willis is a man on a mission to help you think differently about your money, your economy and your future. After graduating with six figures of student loan debt and discovering a way to turn his debt into real wealth as he watched everybody lose their retirement savings and home equity in 2008, he knew that he needed to find a more predictable way to meet his financial objectives and those of his clients. Mark is a CERTIFIED FINANCIAL PLANNERTM, a THREE TIME #1 Best Selling Author, the Owner of Lake Growth Financial Services, a financial firm in Chicago, Illinois and co-host of the Not Your Average Financial PodcastTM. 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 unknown to most financial gurus. He has become known as “Not Your Average Financial Planner!” Get in touch with Mark: Lake Growth Financial Services: https://lakegrowth.com/ Not Your Average Financial Podcast: https://nyafinancialpodcast.com/ YouTube: https://www.youtube.com/channel/UCw-DvhKT2EaPFdncLy39LIQ LinkedIn: https://www.linkedin.com/in/marklakegrowth/ Twitter:https://twitter.com/LakeGrowth Facebook: https://www.instagram.com/notyouraveragefinancial/ Instagram: https://www.instagram.com/notyouraveragefinancial/ For informational purposes only. Always consult with professionals. This is not meant to be used as legal or tax advice or otherwise. Any projections, opinions, assumptions, or estimates used are for example only. All information should be independently verified and is subject to errors and omissions. Check out some of our other videos and listings: PreReal Podcast https://www.youtube.com/watch?v=pTgZYyrkRyU&list=PLbyMUN39hTNWUFWH-tprcR0sTOwdqCfuk PreReal™, Prendamano Real Estate of staten island, NY is a real estate marketing firm that is focused on lead generation for all its properties for sale. More leads equals bigger pockets in the end for everyone. If you are house hunting and looking for a house for sale don't hesitate to give us a call (718)200-7799. If you think it is time to sell your house, we can get you top dollar for your property. Visit us at www.prereal.com Follow us on: Facebook: https://www.facebook.com/PrendamanoRealEstate Instagram: @prerealpodcast @prerealestate TikTok: @prerealestate Twitter: @prerealestate #RealEstate #Tips #PreReal

Working Capital The Real Estate Podcast
Simplify Your Financial Plan with with Mark Willis | EP138

Working Capital The Real Estate Podcast

Play Episode Listen Later Feb 27, 2023 38:03


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.   In this episode we talked about: Mark's Background Getting Started as a Financial Planner Approaching Clients Be your Own Bank  First Few Questions to ask Real Estate Investors Debt Aspect Mark's Advice to Beginners in Real Estat Useful links: https://kickstartwithmark.com/ The book “The Bank On Yourself Revolution: Fire Your Banker, Bypass Wall Street, and Take Control of Your Own Financial Future” by Pamela Yellen Transcription: Jesse (0s): Welcome to the Working Capital Real Estate Podcast. My name's Jessica Galley, and on this show we discuss all things real estate with investors and experts in a variety of industries that impact real estate. Whether you're looking at your first investment or raising your first fund, join me and let's build that portfolio one square foot at a time. Ladies and gentlemen, you're listening to Working Capital, the Real Estate Podcast. My name's Jesse for Galley, and my guest today is Mark Willis. Mark is a certified financial planner, a three-time best number, one best-selling author, and the owner of Lake Growth Financial Services, a financial firm in Chicago, Illinois, and co-host of the not your average financial podcast.   Mark, how you doing today?   Mark (42s): Doing great, Jesse. Thanks for having me on.   Jesse (44s): Well, a pleasure to have you on. I know that we, we chatted a little bit before, I thought listeners, you know, whether they are investing in real estate, are interested in entrepreneurship and business, that they would get some value about having you on as a guest. And you can talk a little bit about your, your story and, and kind of what you bring to the table in terms of the financial world. But before we do that for listeners, you know, that don't know who Mark Willis is, why don't you give us a quick background of your background for listeners and we can, we can kick it off from there.   Mark (1m 18s): Sure, yeah. Well, I've, I've had the great privilege of working with clients all over the country, us, Canada, and around the world. I've been able to serve many business owners, real many real estate investors, even some N F L Super Bowl champions. But Jesse, most people I work with are just interested in having a bit more certainty, you know, assurance and maybe, I guess, you know, the belief that they're gonna actually achieve what they're trying to do. I feel like a lot of people are frustrated with their real estate portfolio, their financial lives, because what they attempt to do is just not working or it's not working efficiently.   So a lot of people who come to me say, mark, I feel like I'm just floating down the gutter of life and I, I can't seem to catch, catch on to a a, a log to move upstream financially. I can't swim upstream. So what we get to work with, and I have the, you know, great honor to do this is work with clients that wanna move upstream financially and become, you know, more in control of their financial future.   Jesse (2m 18s): That makes sense. And, and I like it. Appreciate that. That kind of, I guess, philosophy or goal for, for what you do, for your, for your background. You mentioned, you know, before that, how you got into this business. We talked a bit about 2008, and if for listeners that don't know, you know, your background originally was not kind of being the self-employed, the financial planner helping people out. So how did, how did you get, get started in that and, and where you are today?   Mark (2m 48s): Yeah, well, I, I certainly didn't grow up wanting to be, or even knowing what a financial planner was. So I think the, the first inclination that money was a part of my life was as I graduated college, sadly enough, I just never paid attention to money and found myself in debt up to my eyeballs in the middle of a great worldwide recession, you know, six figures of student loan debt and no plan to pay the thing off, Jesse.   It was, it was like a mortgage around my neck. It was like a, a weight pulling me down. And given that I had no plan to pay the thing off, it was just becoming worse and worse. And it was a surprise to me that there was no training, no education on money or money management for all of the education you get in college. It was surprising that there was no real basic budgeting pla class or whatever, at least not where I went to school. So, yeah, it got me really focused really fast when I realized that, oh yeah, these guys want me to pay them back.   So that was a surprise. And I got into a couple of businesses, you know, worked my tail off for a couple years in the middle of a recession where no one was hiring, did every job I could find, including some property management positions, which put me under the, under the, under the, in, into the darkest place you could probably imagine, which is under an elevator that's being serviced. And I'm there with a, a shop vac sucking out God knows what to clean this thing out.   And I'm, I'm hoping that they don't snap the wire and end me right there, you know, so that was the, that was the service I had to give the debt, slavery I had to give to my slave masters, Nelnet and Sally Mae and all the rest of the banksters that had a, you know, a knife to my throat as I was trying to pay off all this debt. Fast forward a little bit, I was working for a C P A trying to get my bearings on, on income, and I was listening to her. I was mainly doing tax prep and I was listening to her as I was doing some tax prep.   I would overhear the calls where she would be discussing retirement plans for her clients. I wasn't doing the investing necessarily at that point, I was just tax prep guy, but she would have those calls and it was the calls that you never want to have as a financial professional where you have to tell the client, I'm sorry, Mr. Client, I know you're 63, I know you're about to retire, but I just lost you half your life savings. Sorry about it. Click, you know, that's a terrible way to run a business. I, I hadn't no desire to have anything to do with it.   And I almost left the financial industry until I found some strategies that had nothing to do with Wall Street that helped us meet our goals without taking a bunch of unnecessary risk. And it also happened to help me pay off my debt too. So it was a, it was a light bulb moment. And in that moment my wife had the, the wherewithal to kick me in the pants and say, start a business, don't be some w2. Go out there and start the business. And at the time I needed to borrow her courage, but I did it, man. I did it.   And that was 11 years ago, almost 12 years ago. And here we are with, you know, several advisors that I get the privilege of working with and a little over 1200 clients around the country and around the world. So it's been a great honor to get to serve clients and help them meet their goals.   Jesse (6m 8s): That's great. And on that point with clients, when it comes down to, you know, you talking about your services for individuals that, you know, for our audience group, real estate investors, people you know, potentially with a portfolio or building their portfolio, how do you approach that type of client differently if, if at all than, you know, your average, your average, say employee of large company? You know, is it, is it a different value add or is it a, a different offer or discussion, you know, with real estate investors?   Mark (6m 38s): Well, I'll tell you what, I, you know, I think one of the best parts of being a business owner is you get to pick your clients after a certain point. And, you know, maybe not the very beginning, but at some point you really begin to say, I want this kind of person in my life. And that's a beautiful thing. Cuz if you're a w2, you get basically got one client and that's your boss. But yeah, when you, when you get to work with real estate investors, business owners, they make up the vast majority of our clients. Not everybody, certainly not, but a good chunk of our clients want some agency in their life.   I believe that in many ways, part of the reason why people stumble into this insanity known as real estate investing or business ownership. And I say that with all the, the positive regard I can, being both of those things, real estate investor and business owner, the insanity of it all is you take on a lot of risk. I mean a lot of risk, but you get access to the dial on your life. You're not just a thermometer, you're a thermostat. You get to dial up the temperature, dial down the temperature.   You, you, you gotta understand, as a financial planner, we all swim in this thing called finance money. Money is the environment where we live most of our lives. It's half of every transaction. It's certainly not the, the most important thing in your life, but, but I do believe money touches the most important things of our life, our legacy, our children, our marriage, our health, our future, you know, these things, our retirement, our, you know, our, our capacity to feel secure.   So when we, when we have some manner to engage the environment in which our entire life lives, we feel a sense of security there. And so yeah, when you've got a, a business or you've got a real estate portfolio, then you can manage to manipulate the environment where you're living, you feel at ease. Much like dialing up the thermostat when it's 22 below, like it might be in, in Chicago here today or in Toronto there tomorrow.   Jesse (8m 43s): Hmm. Yeah, fair enough. And in terms of the actual, the technical aspect of, you know, a real estate investor comes to you and, you know, as opposed to say somebody that's purely a, a salaried employee, you know, real estate investors take a lot of different forms. Some of them as you know, are, are fully self-employed. They're doing that for, for a living. Other ones are working a job, but as a side hustle or, you know, part of their portfolio is real estate investors. So just from a technical aspect, when you, when those individuals come to you, you know, what are the first few questions you're asking them and what are you trying to, what are you trying to get out of that con initial conversation to be able to say, you know, this is, I, I think the best path for, for you going forward?   Mark (9m 25s): Yeah, most financial planners, I would say, direct you toward a set of pre-determined outcomes. It's like those old choose your own adventure books, you know, you felt like you were able to go anywhere you wanted, but really the book was moving you in one direction. And for most financial planners, that's Wall Street, that's the endgame. Let's get you into a my index fund or let's get you into my, my mutual fund or my ETF or my target date fund, or you know, your 401ks, your RSPs, whatever it is.   And given all that, it's sort of, it's sort of unfortunate that most real estate investors don't have a pathway with most financial planners, but like it or hate it, I've been now coined the not your average financial planner. And I love it. I personally love it because we look for strategies that don't rely on the whims of Wall Street or the typical financial products and tools. Listen, where is it written that we all have to dump a bunch of money into, you know, a a market casino that has no access and there's no outcome predictability.   And we don't know what the taxes are gonna be when we take the money out anyway. So, you know, where is that? Is it written on some law that I didn't read? No. So yeah, when, when I sit down to have one-on-one advisory consultations with anybody, whether real estate investor or not, I do have a, I got about 10, 12 pages of notes we end up taking and, and, and including questions like, well, what does the word retirement even mean to you? What about your spouse? Maybe it's a different thing altogether for him or her. Also, you know, in five years, let's say, let's fast forward five years and we're building this plan together and we're making it work, how will you know it's a success?   How will you know we're on the right path? What are the mile markers? What are the distinctive characteristics of things that are tangibly different? Is this depth gone? Is your income doubled? Do you have seven properties or 70, you know, these are the questions you'd want to ask to really get a sense of are we on the right track or not? It makes my job so much fun. I feel like your financial conversations should be some among the best conversations of your life, you know, because it, again, it touches the most important areas of your life money does.   So yeah, we dug, we dig into strategies that I think help be like a, a, a hinge, a small little hinge that can swing very big doors in your life if we know the right tools and tactics and strategies to take on. If you don't know those tools and tactics and strategies, I gotta say, man, real estate investing or any kind of financial project is gonna feel like swinging a very dull ax, or even worse, like a butter knife at your tree trying to chop it down. It's just gonna take forever.   You'll eventually get there with Wall Street with index funds, but it's so inefficient. You might as well look and see if there's better ways to leverage the finite time and money and energy that we all have in this life to put toward things that are gonna really move the needle. And again, be that leverage point that, that I think many people are looking for.   Jesse (12m 30s): Yeah, and I'm curious too, because we not just invest as real estate investors, but even, you know, for example, when we're raising capital from, from inve, from investors for real estate, oftentimes what investors tell me is either, you know, at the, at the best they, you know, they're invested in, you know, whether it's mutual funds or Wall Street to some, some degree stocks and bonds, but you know, they don't really have clarity exactly on the fees like that they're actually getting pay, you know, that they're actually paying on.   So for them, one of the value a or one of the value propositions for real estate, it's, it's that tangible aspect that people can kind of understand, even if it's commercial they've all owned or they've all rented or owned a place and they understand that. But I imagine it's somewhat similar when people come to you, if you see the current investments that they have, if they have them. I'm sure you guys fe see some red flags. So are there anything, is there anything on that, in that topic of fees that you don't realize you're actually getting charge, but you are, I assume you have conversations somewhat similar to that?   Mark (13m 34s): Oh yeah. Well, I mean, nothing is free except the cheese on the wrong end of a mouse trap, Jesse. So let's be clear about that. Nothing's free, not real estate. Yeah. All right. Not index funds, nothing's free, but it's egregious to me to think that, well, let me just say it this way, nothing's free and it's all, it's all in the, the perceived value that you receive. So if it's perceived as valuable enough, then pay whatever price it is. You know, I'll, I'll, if I had to, I'd chop my arm off to escape a, you know, a, a dangerous situation if I had to.   It's quite a price to pay, but I'd do it if it was perceived as valuable enough. The unfortunate truth is, fees are the hidden viper in your portfolio. This is according to the Department of Labor. They say a 1% fee on your 401k, your IRA or Canadian equivalent accounts over a 35 year period. That's like a typical retirement, right? Is gonna eat up a third of your nest egg, 27% of your nest egg just gone to fees.   And what is, what is it we're getting for that fee? Are we getting something magical? No, we're getting illiquidity and volatility and in retirement, that is not what we need. Right? When is it that we're mo when are the times we're most likely gonna need cash, probably during a crisis? When is our portfolio gonna be at its lowest value, probably during a crisis? Oh, by the way, when are banks least likely gonna lend us money?   Same answer, right? During a crisis? Yeah. So for all the fees, is it worth it? And I would say again, the, the best thing you can do is find the areas in your life, your financial life specifically in every area really. But on this podcast, we're talking finance and money. Find the areas in your financial life that are the leverage points. And, and I'll just go ahead and say it. One of the big aha moments of my young adult life was when I realized that underneath the importance of stocks, bonds, mutual funds underneath the importance of cash, savings, money markets, all that was the fundamental reality of banking.   Banking is actually the operating system of the financial world. It's actually as old as human civilization. There's great books out there. There's a good book out there by David David Frager who says Debt. The first 5,000 years is the title of the book, and it's a phenomenal book, but it kind of shakes me every time I think about it to think that this book is talking about a topic of banking debt that's been around since caveman paintings, right?   To have to have the four letter word of debt in our human consciousness for that long. Think of how much pain has come from all the debt that's incurred over these many years and think of all the incredible wealth that's been generated if you were the banker. So part of our experience as financial planners, I think has been focused on the tail of the elephant. When I wanna look at the whole thing, all I care all most financial planners care about is that tail of that elephant, Hey, look at this rate of return.   I got you last quarter, I just got off the phone with a client. He said, my, my investment guy, cuz he has another guy who does his investments for him. He said, my investment guy, the best he could tell me, mark, he said, my investment guy's best, best feedback or self aggrandizement was that he only lost him 18% last year, whereas the market lost 20. And so the best he could say is, Hey, I only lost you 18%. That's looking at the elephant's tail. I wanna look at the whole elephant. I wanna look at how do we take on the banking function to control not just the rate of return of your savings, but how do we control the environment in which your money lives and dial up, dial down that thermostat so that you can, you know, win by default in your real estate portfolio or wherever you might be focused on.   Jesse (17m 44s): Okay. So on that point, I think, you know, there's the, there's the de debate of, you know, whether you're, if you are a bit more of a dove or a hawk, depending on your amount of financial leverage or debt that you take on, you know, most listeners being real estate investors, we, you know, we have a love hate relationship with debt. It's, it's really the DNA of our business leverage. You know, we couldn't do what we do. The successes that we have are clearly compounded by leverage the, you know, the losses that you have are too.   But it is something where I think most investors would, investors would say that there's a consumer debt as opposed to debt for real estate investments where somebody else is paying off that, you know, the actual debt service of it are two different things. So on that piece of banking, if you go over to talk about what you've talked about in the past on banking, banking on yourself, or having controlling the, the debt aspect or the structure in which you invest with your portfolio, how does that look for real estate investors?   And, and yeah, I'll let you take it from there.   Mark (18m 46s): Sure. Yeah. Well, you're exactly right. There's good debt and bad debt. I fully agree with you on that. And I also say that leverage is a beautiful thing. And we all can acknowledge that leverage works in both directions. And I think too many people, as they've been on variable rate loans, are gonna find that out the hard way if interest rates continue to rise. So, on the other hand, you know, I think you're right. I think a great deal of opportunity can happen when we use debt to our advantage or for our convenience.   I think the problem is too often banks use us for their convenience. So what if it was possible to do what banks do with their money? And instead of just using a, letting the bank use us for their convenience, the regular cash flow that comes from our mortgage payments and whatnot, what if we could be the bank? You know, why, why in, why get into all the mess of, you know, even other assets. If we could just collect the payments, the mortgage payments even from other people or even ourselves, if we controlled the banking function for our real estate deals, we'd win by default.   And so one of the tools that I've stumbled across that's been profoundly impactful for me and for real estate investors is a little known variation of whole life insurance of all things. Now, again, as a C F P certified financial planner, I never thought I'd be talking to real estate investors or anybody really about boring old whole life insurance. It's, it's about as plain vanilla as it gets, right? It's been around 200 years. But the more I got into this and really saw how it functions, I could not look away.   It became more and more compelling. So I'll be quick about this and in fact, I'm a, a huge nerd for acronyms. So I'll give you a, an an acronym to help us get through the kind of primer on what is bank on yourself, and then you can help me take this wherever you want to go. Sure. So we'll use the acronym T G I F to help us kind of understand how bank on yourself works. Again, it's a modernized, more efficient form of whole life insurance and whole life insurance. If it's designed for commissions, then you're gonna have very little cash value.   It's gonna have a big juicy death benefit and a very fat and happy insurance agent connected to it. All right. I like to flip that upside down. How can we pack as little death benefit on this thing as possible, which is where the commissions are, and instead flood as much of your money as you comfortably can put into it. We call that premium. How can we flood as much of that as possible into the living benefits? What, what's known as the cash value of the policy? That cash value does some really cool things.   Okay, back to T G I F. The cash value is tax free. You can get access to the policy with tax advantages or even tax free if we design it correctly, which means that it's a lot like a Roth IRA or equivalent Canadian account. And without all the restrictions of a Roth ira, you know, there's no income phase out rules. For example, you can make whatever you want in your income and still put money into a policy. It's also no contribution limits.   So you can put in six grand or 60 grand or 600 grand a year into one of these policies. So that's the first one is it's, it's got some significant tax advantages. T is tax advantages, G is guarantees the policy grows on a guaranteed basis each and every year the cash value grows without market risk. And every year you're hitting an all-time record high. Just got off the phone with someone earlier today and he said, mark, all my other accounts are down, but my policy just hit another all-time record high.   That's awesome. All right. So, and when you get a gain from last year, it's locked in. You don't lose it this year. There's no risk of loss. If I invest in Coca-Cola or Tesla and the stock goes up last year, I could lose it. I could lose what I earned last year this year due to loss of market share and so forth. So not, so with whole life insurance, it grows guaranteed. That's g is guarantees. Third, it is insurance. So I'm taking care of my family favorite charities. It's doing what I need my money to do for me, whether I'm on this side of heaven or on the other side.   And then finally it's allows me to become my own source of financing. F is financing. So financing is the biggest part of your financial success or failure. Let me say that again cuz that's as a cfp. Why am I not ch you know, chomping at the bit to talk about Wall Street? Because I believe that financing is the crucial hinge that will be the difference between your success or failure in your financial life. The average American spends about a third of his or her income, 34% according to the US Commerce Bureau just covering deaths and financing costs 34% of your income.   If that's, if time is money, what's 34% of your day, Jesse? Right? So if I could recapture some of that money, pay myself or run my mortgage or down payments or my property taxes or my HVAC systems or any other major expense I have in my life through my policy, here's what happens next. I can borrow against life insurance policies that are designed the bank on yourself way. Okay? And the policy will continue to grow and compound on the entire cash value.   Even what I borrowed out as if I hadn't touched a dime of the money. So I'll say this and then I'll hush and I'll get your feedback. Let's say I got a hundred grand of cash, a hundred grand of cash value in one of these policies and I borrowed out 70 grand to go put into a syndication deal that year. And every year I've, I've got that money out, my policy will continue to grow and appreciate on the entire 100,000 bucks, even the 70 grand I'd go and, and put over in the syndication deal.   Now, that to me is the holy grail of financial sanity because I get uninterrupted compounding growth on my policy. And of course I've still got the money out here in the real world doing things like syndication deals or buying cars or whatever else I need the money doing for me. So that is T G I F, tax advantages, guarantees, insurance and freedom and financing.   Jesse (25m 16s): So in terms of the, just in that example, just so I understand that if it's a hundred thousand dollars, that is that up to that point that has been paid into the policy, it's your a hundred thousand dollars and say you take 50 grand of it or 75, like you said, you want to invest in this real estate deal. So you're taking that 50 out, technically it's coming out, but the policy, you're not penalized, you're not getting charged to take it out and now whatever the growth rate is on that, a hundred remains the same on that full amount. Is that right?   Mark (25m 44s): That's right. Yeah. So you've got a chunk of money that you can borrow against and the policy is still there earning interest in dividends. You've just simply used the cash value as collateral for the loan that comes from the insurance company and then you're in control of repaying that loan. You could take a year, six years, 10 years, but it's up to you or never. If you never pay off the loan, they'll just deduct it from your death benefit when you pass away. Oh, I see. So it's a non-recourse collateralized loan.   Jesse (26m 15s): So it's not taking 50 grand cash out, it's, it's borrowing 50 grand with that as security.   Mark (26m 19s): That's it. That's it. Exactly. It's a lot like a home equity line of credit if your audience is familiar with that. Yeah. The difference between, you know, cuz the house grows, whether you borrow from the house HeLOCK or not. Right. The house is gonna just appreciate whether you use that HeLOCK or not. And that's where they are similar, but where they are different is the policy grows, guaranteed houses do not grow guaranteed. Right. Also, a bank can give you a HeLOCK and the bank can take it away again. Yeah. But there's a guarantee of the loan provision with life insurance that cannot take away that loan.   It's baked right into your contract.   Jesse (26m 55s): So who at the, you know, the point of you're doing this, you, you've say you've done this for a number of years now and you are looking at larger purchases with real estate who basically says how much you can take out based, you know, how much you can lend on your own nest egg or the policy and at what rate, what are like those details I assume happen at at inception, but I I guess they would change over time depending on how this, the value of this, of what you have in their changes if I, if I understand it correctly.   Mark (27m 25s): Yeah, well it's, it, it is a, each person is different. You know, each person's situation and numbers will be different. But let give you an example. Alright, I'll give you, you mind if I know no numbers over a podcast can be a little tricky, so I'll try to keep this simple. Sure. So let's say I've, I've got numbers in front of me here, I'll take the names off of it, but there's a 40 year old who put in some cash into a policy. He, in this case he put in 400,000 bucks, dumped it in, got a cash out from a, a syndication, he wanted to get another syndication going, but first he decided to put that money, that 400 grand into a policy.   That was his one and only contribution. Now, a lot of folks believe you gotta pay for these whole life policies for decades and decades. Sometimes you can, and in fact, a lot of times that's best. But in his case, he just had one, he just wanted to dump it in and that's it. So he put in 400 grand. Now right away he's got a cash value. I'm looking at it here of $378,000 and a death benefit of 1.7 million bucks. So let that sink in for a minute. He's got 94% of his cash give or take liquid right away.   Where'd the other money go? Well, it went to buy that 1.7 million gift to the family there. That's a tax-free gift to the family for sure. But he doesn't just leave that $378,000 just sitting in the policy. By the way it grows, that cash value would grow to 3 94, 411 in year three. So it's already broke even by year three there, 4 29 the next year. But in year one, again, back to our numbers there, he's got 378,000 bucks. He decides to borrow against that $360,000 in the first year within 30 days of starting this policy, he borrows out 360 grand to go invest in another multi-family deal.   So far so good. Any questions so far?   Jesse (29m 16s): No, that makes sense.   Mark (29m 17s): Okay, so he decides he's gonna do this loan. Now remember, the policy is still growing on the full 378,000, even though he's got the money over in the multifamily, he pays it off over an eight year period through a combination of rent and refis. Okay? So after the eighth year, his loan is completely gone. His cash value is $507,000 in year eight. That represents an increase from 400 to 5 0 7. That's an increase of 107 grant of gains.   That's way more than he would've had in a savings account for sure. But it's impressive when you think that he also had this syndication deal going on over here, whatever it did. I'm not even factoring into these numbers. So did he pay some loan interest? Some people might ask. Well sure he did. He paid loan interest. How much was it? It was 2.1% a p r, that was the annual percentage rate to borrow money for eight years, and that totals 54,000 bucks of interest paid. So let's kind of summarize and then I'll let you ask any question you'd like, he paid 54 grand to borrow the money, he earned 107 grand in the policy plus whatever he did over in the syndication deal.   How many times would you do that deal?   Jesse (30m 36s): Yeah, right. That sounds pretty good. Now, in terms of the actual investors that are trying to go from where they're at right now, say they have in the states agency debt or in Canada, CMHC or you know, whatever, they have standard mortgages right now that they kind of wind want to wind out of. If they were to go the route that you're talking about, is there a logical transition? Is it something that you do over time? Or is it kind of focused on what you have right now? And, and we'll build, you know, what we've just been talking about, you know, on the, on the side of what you have currently.   Mark (31m 10s): Well, okay, so a couple of things there. If you're, you're asking, hey, if, if I've got investors who are trying to, you know, reorganize the debt portfolio Yeah. And do it in a way that is sane and helps them get back in control. That's what you're asking. Get rid of the highest interest debt first, that sort of thing. Well, you know, there's a few ways you can do it. And I, again, I had mega student loan debts, so I could have used my earnings and just thrown that into a hole and paid off my debt, right?   Yep. And I would've been six years older and zero in my net worth, right? I could have just thrown all my money at my student loans and hopefully had it paid off in six, seven years, eight years and be done with it. Now I'm eight years older and I have nothing earning to my name. I didn't, I I started with that plan. That's known as the debt snowball method, by the way. However, halfway through that project, I kind of stumbled across the bank on yourself concept, Jesse. And I said, well, why not dump money into my policies first and then borrow against those policies to pay off my creditors, my banks, my loan companies.   And in fact, the guy who stumbled across this strategy, it was actually in 19 80, 19 81 when this concept was discovered or, or I guess expressed first in the book, becoming your own banker. And guess what was happening to interest rates back in 19 80, 19 81, he was a more, he was a real estate investor. This gentleman, Nelson Nash, he was a real estate investor. He saw his variable rate loans go from whatever it was, 5% up to 18% like overnight. And he was on the bathroom floor praying, trying to find a way out of this nightmare.   He had found that he was going bankrupt and he said he heard a voice, right? Heard a voice that said, you have what you need to get out of this mess, but you look at things the way everybody else does. And he got up from that prayer and said, I gotta find what, find what I'm looking at. That's not right. So he remembered that he had all these whole life insurance policies that he was just throwing little bits in, you know, pennies, pennies each month then too. And he said, I'm thinking about this the way everybody else does. This is, you know, super low interest debt.   The, the gentleman I just explained, he had a 2.1% annual percentage rate on that example I just gave. So Nelson back in the eighties, he just changed his thinking. I said, Hey, instead of paying pennies into my policies, I'm gonna just dump massive amounts. Everything I can goes into these policies and I'm gonna borrow against them to wipe out all these accounts that I have, all this high interest debt that I have. So for a lot of you listening, I just got off the phone with someone who has a 6.7% primary residential mortgage loan and it could go higher.   I've seen people with variable rates going even higher. So I don't know where the future is gonna take you, but if you want to control that process, if you want to be your own banker, maybe it's time to buy it. Buy your debt back from the banks. So we call that the debt snowbank method. We got that trademarked and it's been a lot of fun helping clients, not just with consumer debts, but also with some, you know, unimpressive real estate debt as well.   Jesse (34m 26s): No, that makes sense. I wanna be mindful of the time here, mark, we do have a few questions that we ask all the guests when we come to the end here. It's just for questions. And, but before we do that, why don't you let us know, we'll put it in the show notes. I want to know where people can actually get ahold of you and reach out if they, if they want to get in touch.   Mark (34m 47s): Sure. And I, I'll just brief as we're wrapping up, I'll just briefly say, this strategy that we've been describing is not for everybody. So do your own due diligence, make sure it's what you are looking to accomplish. We love to sit down with folks and weigh the pros and the cons, the costs and considerations. So if you're looking for a way to build real wealth outside of Wall Street, if you like the idea of controlling the, the banking function in your life, we can help, we work with clients throughout Canada and the United States and beyond. Reach out to us, you can go to kickstart with mark.com.   That's the website to go to. We can schedule a quick 15 minute chat that's kickstart with mark.com.   Jesse (35m 26s): Awesome. Okay, mark, if, if you are ready, I'll lob some of these questions over at you.   Mark (35m 31s): Sounds great. Okay. I'll see where it goes.   Jesse (35m 34s): What's something that you wish you learned a little bit earlier in your career that you know now? If you could go back in time, you talked to a younger version of Mark Willis.   Mark (35m 43s): So the briefest way I can answer that is, the problem of paying cash for things was the biggest aha in my life. If I pay cash, I lose the opportunity to grow that money ever again. So I no longer make major cash only purchases. I use my policies instead.   Jesse (35m 60s): That makes sense. In terms of mentorship, if you were to give a recommendation or advice to younger people getting in our business, whether that's in the financial side of things in real estate, or even just generally speaking, getting into the workforce, things that that tell them, or you know, your view on mentorship and if they should be, you know, seeking out mentors, how, how you see that?   Mark (36m 24s): Yeah, well, I mean, it's crucial. You know, you can either l learn by your own mistakes or the mistakes of others and you can dramatically lower your costs and pain if you can just learn from the expenses and mistakes of others. So yeah, absolutely. Look for people who are a few years ahead of you and stay focused and listen on only listen to one or two. Don't take 30 different mentors, you know, and make sure Jesse's in that crowd, by the way of mentors.   Jesse (36m 56s): There you go. Any book recommendations, podcasts or other media that you think listeners would get a get something out of?   Mark (37m 4s): Well, there's all the always the shameless self-promotion on my own shows, but we've done plenty of that today. So I'll point to a book behind me. It's the Bank on Yourself Revolution, New York Times bestselling book by Pamela Yellen. She coined the phrase bank on yourself, and I'd say it's the best go-to user manual for how this strategy works. And so that's the Bank on Yourself revolution.   Jesse (37m 27s): My guest today has been Mark Willis. Mark, thanks for being part of Working Capital.   Mark (37m 31s): Thank you Jesse. Appreciate it.   Jesse (37m 40s): Thank you so much for listening to Working Capital, the Real Estate podcast. I'm your host, Jesse for Galley. If you like the episode, head on to iTunes and leave us a five star review and share on social media. It really helps us out. If you have any questions, feel free to reach out to me on Instagram. Jesse for galley, F R A G A L E. Have a good one. Take care.  

David C Barnett Small Business & Deal Making
ENCORE Interview!! Lisa Forrest -Interest rate hikes and you!

David C Barnett Small Business & Deal Making

Play Episode Listen Later Feb 24, 2023 59:05


A wonderfully popular past guest is coming back… Lisa Forrest, Director of SearchFund Lending at Live Oak Bank. I'm happy to have Lisa Forrest join me on a live broadcast. Lisa has over 30 years of experience writing loans under the US Small Business Administration's (SBA) loan programs. What is changing in 2023? Interest rates, seller expectations and more. What about the experience of many searchers post-closing? We'll ask Lisa. This is a ‘must see event' for anyone who is buying a business in the US and may want to take advantage of the different SBA loan programs. Reach Lisa at lisa.forrest@liveoak.bank or on Linkedin at: https://www.linkedin.com/in/forrestlisa/ See you there! David C Barnett Thanks to our sponsors: Mark Willis of Lake Growth Financial Services. Build an equity asset that is guaranteed to grow over time, never lose value and give you access to liquidity whenever you need it without having to qualify for credit- EVER. Learn more and sign up for a no-obligation consultation at https://www.NewBankingSolution.com Look good. Get a new shirt from Jeff Alpaugh Customs and save with this link: https://www.JeffAlpaugh.com/dcb10 If you enjoyed this show and want more great small business content, head over to https://www.SMBPodcastNetwork.com and find more great shows and conversations.

How2Exit: Mergers and Acquisitions of Small to Middle Market Businesses
E92: Certified Financial Planner Mark Willis Discusses Strategies To Maximize Your Money - How2Exit

How2Exit: Mergers and Acquisitions of Small to Middle Market Businesses

Play Episode Listen Later Jan 27, 2023 56:57


Mark Willis, CFP®️ is a man on a mission to help you think differently about your money, your economy and your future.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. As co-host of the Not Your Average Financial Podcast™️, he shares some of his strategies for investing in 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.Watch it on Youtube: https://youtu.be/QzQuWYDZrgE--------------------------------------------------Contact Mark onLinkedin: https://www.linkedin.com/in/marklakegrowth/Website: kickstartwithmark.com--------------------------------------------------How2Exit Joins ITX's Channel Partner Network!-Why ITX?Since 1998, ITX has created $5 billion in value by selling more than 225 IT businesses in 20 countries. ITX works exclusively with IT-enabled businesses generating between $5M and $30M who are ready to be sold, and M&A decision-makers who are ready to buy. For over 25 years ITX has developed industry knowledge that helps them determine whether a seller is a good fit for their buyers before making a match."Out of all of the brokers I've met, this team has the most experience and I believe the best ability to get IT service businesses sold at the best price" - Ron SkeltonThe ITX M&A Marketplace we partnered with has a proprietary database of 50,000+ global buyers seeking IT Services firms, MSPs, MSSPs, Software-as-a-Service platforms, and channel partners in the Microsoft, Oracle, ServiceNow, and Salesforce space.If you are interested in learning more about the process and current market valuations, complete the contact form and we'll respond within one business day. Everything is kept confidential.Are you interested in what your business may be worth? Unlock the value of your IT Services firm, visit https://www.itexchangenet.com/marketplace-how2exit and complete the contact form.Our partnership with ITX focuses on deals above $5M in value. If you are looking to buy or sell a tech business below the $5M mark, we recommend Flippa.Flippa - Real Buyers, Real Sellers - Where the Real Deals Are MadeVisit Flippa - https://www.dpbolvw.net/click-100721038-15233003--------------------------------------------------

UnderDog
From Struggling with Debt To Becoming an Expert Financial Planner, Mark Willis Shares How To Build Real Wealth

UnderDog

Play Episode Listen Later Jan 26, 2023 36:03


Mark is a Certified Financial Planner™, a three-time best-selling author, and the owner of Lake Growth Financial Services in Chicago. He has helped hundreds of his clients—from small-business owners to seniors and retirees—take control over their financial future by providing them with proven, tax-efficient solutions that have allowed them to build on the strength of their businesses.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 Willis is a man on a mission to help you think differently about your money, economy, and future.In this episode, Pamela and Mark sat down and shared one of the most innovative ways to achieve success. The highlights of the episode include:- What inspired Mark on his journey to where he is today?- What was Mark's biggest lesson in business?- Why is it important to break free from the traditional mindset and try different strategies?- What is the Snow Bank Method? How does it work? Can it help in paying off debts?- What would Mark tell his younger self based on what he knows now?- What's happening in Mark's world in the next six to 12 months?Listen to how Mark Willis shares his remarkable story. Listen to the full episode here:- Apple iTunes: https://podcasts.apple.com/us/podcast/underdog/id1534385651- Spotify: https://open.spotify.com/show/6FbSDu0aNtuxAEiderUAfB- Website: https://theunderdogshow.comIf you found this story worth your time and made changes in your life, we'd love to hear from you! Subscribe and leave a review. Catch him in his socials here:- Instagram: https://www.instagram.com/notyouraveragefinancial/- LinkedIn: https://www.linkedin.com/in/marklakegrowth- Website: lakegrowth.com- Not Your Average Financial Podcast: nyafinancialpodcast.com- Apple Podcast: https://podcasts.apple.com/us/podcast/not-your-average-financial-podcast/id1288766770The Underdog Podcast host is none other than Pamela Bardhi. She's rocking the Real Estate Realm and has dedicated her life as a Life Coach. She is also Forbes Real Estate Council. To know more about Pam, check out the following:- Website: https://pamelabardhi.com- Instagram: https://www.instagram.com/pamela_bardhi- TikTok: https://www.tiktok.com/@pamela_bardhi

The Root of All Success with The Real Jason Duncan
115: Exposing Banksters for Who They Are and Helping People Bank on Themselves With Mark Willis

The Root of All Success with The Real Jason Duncan

Play Episode Listen Later Dec 27, 2022 58:32


In today's show, we talk with Mark Willis, a man on a mission to help you think differently about your money, your economy and your future. After graduating with six figures of student loan debt and discovering a way to turn his debt into real wealth as he watched everybody lose their retirement savings and home equity in 2008, he knew that he needed to find a more predictable way to meet his financial objectives and those of his clients. Mark is a CERTIFIED FINANCIAL PLANNER™, a THREE TIME #1 Best Selling Author, the Owner of Lake Growth Financial Services, a financial firm in Chicago, Illinois and co-host of the Not Your Average Financial Podcast™. 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 unknown to most financial gurus. He has become known as “Not Your Average Financial Planner!”, watch now and learn some vital tax tips that can help you save more and plan for retirment CONNECT WITH MARK 1-800-962-9141 thanks@lakegrowth.com http://lakegrowth.com Nyafinancialpodcast.com /in/marklakegrowth Love the show? Subscribe, rate, review & share! https://therealjasonduncan.com/podcast This episode is sponsored by Dubb. Up your email game and make videos that convert! Get two free weeks and 50% off your first two months with this link: therealjasonduncan.com/dubb Learn more about your ad choices. Visit megaphone.fm/adchoices

How Did They Do It? Real Estate
SA591 | Leverage Debt to Build Long-Term Wealth with Mark Willis, CFP®

How Did They Do It? Real Estate

Play Episode Listen Later Dec 21, 2022 47:26


Acquire certainty and agency over your future with today's guest, Mark Willis, CFP®, as he shares ways to make the most of your life insurance policy and how it can help you be more competitive in the real estate investing space. Join us and learn why insurance policies can be a powerful asset for your business! Key Takeaways to Listen forBank On Yourself®: What it means, how it works, and its advantagesLife insurance policy loans vs. HELOC loansHow to leverage whole life insurance to raise your equitySteps to take advantage of the “Debt Snowbank Method”Creative ways to use insurance policies to pay back your loansResources Mentioned in This EpisodeZillowNot Your Average Financial Podcast Episode 203Free Apartment Syndication Due Diligence Checklist for Passive Investor About Mark Willis, CFP® Mark is a man on a mission to help you think differently about your money, economy, and future. He is a CERTIFIED FINANCIAL PLANNER™, a three-time best-selling author, and the owner of Lake Growth Financial Services, a financial firm in Chicago, Illinois. He is the co-host of Not Your Average Financial Podcast™, where he shares some of his strategies for investing in 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 safe and predictable ways, become their own source of financing, and create tax-free income in retirement. Connect with MarkWebsite: Kick Start with MarkPodcast: Not Your Average Financial Podcast™To Connect With UsPlease visit our website: www.bonavestcapital.com and please click here, to leave a rating and review!SponsorGrow Your Show, LLCThinking About Creating and Growing Your Own Podcast But Not Sure Where To Start?Visit GowYourShow.com and Schedule a call with Adam A. Adams

The Podcast On Podcasting
Ep280: Direct Your Business Clients To Your Show - Mark Willis

The Podcast On Podcasting

Play Episode Listen Later Nov 17, 2022 37:20


Overcome objections and serve your clients better in this episode with Mark Willis, talking about leveraging podcasting to boost your business. Stay tuned as we chat about creating regular content, the power of consistency and persistence, and a trojan horse marketing you can use. Check this out to prevent your show from fading!     WHAT TO LISTEN FOR Benefits of having a podcast as a business owner The biggest problem you can encounter as a businessperson 2 important steps to take before starting a podcast How to keep the longevity of your show A technique to direct listeners to your own relevant content     RESOURCES/LINKS MENTIONED Zoho Survey Interact Quiz Maker     ABOUT MARK WILLIS Mark Willis, CFP® is a man on a mission to help you think differently about your money, your economy, and your future. 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. As co-host of the Not Your Average Financial Podcast™, he shares some of his strategies for investing in 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 to create tax-free income in retirement.     CONNECT WITH MARK Podcast: Not Your Average Financial Podcast™ Website: Lake Growth LinkedIn: Mark Willis, ​CFP® Linktree: @markwilliscfp     CONNECT WITH US If you are interested in getting on our show, email us at team@growyourshow.com. Thinking about creating and growing your own podcast but not sure where to start? Click here and Schedule a call with Adam A. Adams! Upgrading your podcast equipment or maybe getting your first microphone? Get Your Free Equipment Guide! We also have free courses for you on everything you need to know about starting a great podcast! Check out our first six episodes through the links below!   Identify Your Avatar - Free Course 1/6 What To Do BEFORE You Launch Your Podcast - Free Course 2/6 How To Launch A TOP Show - Free Course 3/6 Best Marketing And Growth Strategies - Free Course 4/6 How To Monetize Your Podcast - Free Course 5/6  Top 22 Pitfalls On Starting Your Own Podcast - Free Course 6/6   If you want to make money from your podcasts, check out this FREE resource we made. Our clients use a sponsor sheet, and now they are making between $2,000 to $5,000 from sponsorship!  Subscribe so you don't miss out on great content and if you love the show, leave an honest rating and review here! 

The Business Credit and Financing Show
How To Bank On Yourself

The Business Credit and Financing Show

Play Episode Listen Later Nov 16, 2022 31:00


Mark Willis, a CERTIFIED FINANCIAL PLANNER ™ , a three-time #1 Best Selling Author, the Owner of Lake Growth Financial Services, a financial services firm in Chicago, Illinois and co-host of the Not Your Average Financial Podcast ™ . 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 unknown to most financial gurus. He has become known as “Not Your Average Financial Planner!”   During the show we discuss: ● How to keep your money available for all your goals in life, both now and in the future ● How to buy back your debt using the Lake Growth Debt SnowBank MethodTM ● How to pass your wealth on favorably to the people you care about ● How to create wealth in a safe and predictable way ● What are the common mistakes in handling wealth ● What are the pros and cons of banking on yourself ● What is Lake Growth Debt SnowBank MethodTM ● What are the keys to becoming your own banker ● How to become your own source of financing ● How to grow wealthy by paying your taxes ● How to ensure your money is tax efficient ● How to protect and grow your money ● How to bank on yourself   Show resources:https://lakegrowth.com/

The Smart Real Estate Coach Podcast|Real Estate Investing
Episode 369: Fight Back Against Inflation, with Mark Willis

The Smart Real Estate Coach Podcast|Real Estate Investing

Play Episode Listen Later Sep 14, 2022 14:26


Mark Willis, CFP® is a man on a mission to help you think differently about your money, your economy, and your future. 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. As co-host of the Not Your Average Financial Podcast™, he shares some of his strategies for investing in 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 safe and predictable ways, become their own source of financing, and create tax-free income in retirement. What you will learn in this episode: How Mark's contribution to the QLS Live Event will help you learn crucial strategies to fight back against the effects of inflation How the history of inflation can teach us what to do in today's current market Mark's one free tip on the quickest way to fight back against inflation Where you can go to get access to the QLS Live Event for 90% off How you can stay connected with Mark to continue gaining knowledge about financial planning Resources: Attend the live QLS Live Event for 90% off: www.smartrealestate.com/podcast20 Listen to Mark's other episodes: 255, 353 Additional resources: Follow Chris and Zach on Club House to learn even more about deal structures and how to get 3 paydays from your real estate investments. If you're looking to secure some lines of credit for your business, check out Fund and Grow – Visit the Resource page at https://smartrealestatecoach.com/resources Schedule a FREE Strategy Call: SmartRealEstateCoach.com/action Register for our free masterclass: www.SmartRealEstateCoach.com/mastersclass Real Estate on Your Terms by Chris Prefontaine SmartRealEstateCoach.com/webinar SmartRealRstateCoach.com/ebook SmartRealEstateCoach.com/QLS SmartRealestateCoach.com/botfox SmartRealestateCoach.com/tools SmartRealestateCoach.com/eaze