M.C. Laubscher is the President and CEO of Producers Wealth, and host of the top-rated business and investing podcast, Cashflow Ninja. Laubscher is a wealth strategist, educator, and financial freedom fighter. He is driven to help producers and creators create, protect, and multiply their wealth in any economy without getting ripped off by Wall Street & the government. This is his second time on the show, so if you didn’t get a chance to listen to our conversation about achieving financial freedom now, check out Episode #18. In this episode of the Progressive Dentist, M.C. is back to share how business owners can create financial flexibility in uncertain times.
The Fundamental Framework of Infinite Banking
M.C.’s financial framework is designed for business owners and investors, and it is based on four fundamental principles of wealth building. First, you have to make your money in either your business or your profession. Then, the resulting income has to reside somewhere. Next, you find a way to deploy the money and multiply it. And finally, you must protect yourself, your capital, and your investments. With this framework, entrepreneurs can achieve financial freedom now instead of waiting years to get there.
Grow Your Business In Uncertain Times
This framework is built around the concept of infinite banking. Infinite banking puts the banking function into our own hands with whole-life insurance policies. The policies distribute dividends, generate income, and also offer a cash component that can be used as collateral for loans. Now more than ever, financial flexibility is critical. M.C.’s model is the answer, and it enables us to reinvest money to grow our business quickly during uncertain times. As always, please visit me at www.theprogressivedentist.com for more informative podcast episodes with other remarkable business leaders.