Breakaway Wealth Podcast  By  cover art

Breakaway Wealth Podcast

By: CreateTailwind
  • Summary

  • Building wealth isn't just about hustle and grind. Every day, huge deals are being made, businesses and properties are changing hands, and a small group of people are making quantum leaps forward - building wealth faster than most dream possible. To the rest of the world, it looks like they have the Midas Touch. What makes them different? They chose to break AWAY. To build a mindset of abundance. To spot opportunities others overlook. On this podcast, we'll unlock the secrets to breaking out of the herd, thinking BIG and building wealth on our own terms.
    ©2020 CreateTailwind. All Rights Reserved.
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Episodes
  • Back to the Basics: Constructing an Ideal Policy for Infinite Banking with Jim and Nick
    Jul 23 2024

    In this episode, Jim and Nick take us back to the basics, which is how the best become the best.

    They discuss the efficiency of cash value in life insurance and its relevance to Infinite Banking. They explain the different types of life insurance policies and their costs, such as term insurance and whole life insurance. They emphasize the importance of understanding the tools and ratios involved in constructing an ideal policy for infinite banking.

    3 Key Takeaways:

    • Understanding Life Insurance Basics: Learn why revisiting foundational concepts is essential and how even seasoned professionals can gain new insights by reviewing basic principles regularly.

    • Policy Construction and Efficiency: Discover the spectrum of efficiency for cash value in life insurance policies, the importance of balancing base policies with paid-up additions, and the pitfalls of relying heavily on term insurance riders.

    • Long-Term Strategy over Short-Term Gains: Gain insights into the long-term benefits of well-constructed policies and why focusing on initial cash value ratios can lead to suboptimal outcomes compared to a strategically balanced approach.

    This episode equips listeners with the key knowledge, surpassing that of many life insurance agents, to effectively leverage life insurance for wealth-building.

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    27 mins
  • From Fashionistas to $300M Real Estate Titans - The Kitti Sisters
    Jul 16 2024

    Palmy and Nancy Kitti, apartment syndicators and educators, share their journey from the fashion industry to building a $300 million apartment portfolio. With their brand of whip-smart focus, they boil down the business of raising money and attracting investors in the multifamily apartment sector.

    3 Key Takeaways:

    • The Power of Transition: Palmy and Nancy Kitti detail their shift from the fashion industry to real estate, emphasizing the value of leveraging previous experiences to succeed in new ventures.

    • Capital Raising Essentials: They highlight the pivotal role of raising capital and maintaining strong investor relations to sustain and grow a multifamily real estate business.

    • Strategic Real Estate Entry: The sisters outline practical steps for beginners in real estate, stressing the importance of education, selecting the right market, and partnering with experienced professionals.

    Their story is a testament to the power of resilience and adaptability in the pursuit of wealth creation. We hope their journey inspires you to take bold steps towards your own financial goals.

    Connect with Kitti sisters:

    Instagram: www.instagram.com/thekittisisters/

    Website: https://thekittisisters.com/

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    38 mins
  • From Real Estate to Crypto: Corey Geary's Journey to Asset Mastery
    Jul 9 2024

    In this conversation, Jim interviews Corey Geary about his journey as an entrepreneur and his expertise in the cryptocurrency space. Corey shares how he got into real estate and how it saved his life, leading him to explore the world of cryptocurrency. He emphasizes the importance of treating crypto as an asset class and becoming a student of the industry. Corey also discusses the potential returns in crypto and the different ways to generate passive income.

    3 Key Takeaways:

    • Crypto as an Asset Class: Corey emphasizes treating cryptocurrency as an asset class rather than a speculative investment. Similar to real estate or stocks, understanding market cycles, conducting due diligence, and continuous learning are essential.

    • Diversification and Risk Management: Corey advocates for a diversified approach based on individual risk tolerance and financial goals.

    • Education and Engagement: Corey's strategy involves a "done with you" approach, emphasizing education and empowerment. Clients are guided on how to manage their investments actively, rather than passively handing over funds.

    Whether you're looking at well-established cryptocurrencies like Ethereum or exploring newer options like Pulse Chain, Corey's commitment to education and empowerment can help steer you toward making informed choices and potentially earning returns.

    Connect with Corey Geary:

    Instagram: @thecoreygeary

    Website: https://www.novationnation.com/

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    36 mins

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