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Breakaway Wealth helps inspire, motivate and equip unconventional business owners, investors and wealth builders to break out from the herd and build wealth on our own terms. Through insightful conversations around infinite banking, investing, funding and unconventional deal-making, we'll unlock the secrets to abundance, spot overlooked opportunities and make quantum leaps forward - building wealth faster than most dream possible.

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  2. Jim Oliver: Equipment Financing

Jim Oliver: Equipment Financing

Oct 4, 2019

In this episode, Jim Oliver and Nick Kosko discuss: 

  • Premiums and multiple ways it can be paid
  • Terry Nash’s logging business example
  • Being your own banker
  • "Retirement" distribution 

 

Key Takeaways: 

  • The premium is the solution, not the problem
  • By financing equipment you're able to recapture interest you would have paid to the bank
  • If the bank is in charge, then they can close the doors of your business
  • The rate is a distraction 

  

"This is about being your own banker and getting that interest to flow to you instead of away from you." —  Nick Kosko

 

 

Connect with Nick Kosko:  

  

LinkedIn: Nick Kosko 

Facebook: Nick Kosko 

 

  

Connect with Jim Oliver:  

  

Facebook: CreateTailwind & Jim Oliver  

Website: CreateTailwind.com  

YouTube: createtailwind.com  

LinkedIn: Jim Oliver  

  

  

Show notes by Podcastologist: Chelsea Taylor-Sturkie  

  

Audio production by Turnkey Podcast Productions. You're the expert. Your podcast will prove it.