83: Becoming an IBC Practitioner with Doug Mackenzie
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ANNOUNCEMENT: The Fifth Edition will soon be renamed STRATEGIC WHOLE LIFE. Read more about the coming name change below. In Episode 83, host John Montoya interviews Doug McKenzie, a new Infinite Banking Concept (IBC) practitioner, to explore his transition from a traditional financial mindset to embracing IBC. Doug shares his initial skepticism about whole life insurance and how his quest for more efficient financial strategies led him to IBC. The episode delves into Doug's personal experiences with IBC, emphasizing the peace of mind and control it brought into his life, especially in managing unforeseen expenses and life transitions. The discussion pivots to Doug's decision to become an IBC practitioner, highlighting the rigorous training and mentorship process he underwent through the Nelson Nash Institute. He stresses the importance of proper education and guidance in the field and how these have been crucial in building his confidence and expertise. Doug and John discuss common misconceptions they encounter, such as viewing policy premiums as an expense rather than a form of saving and the challenge of shifting perspectives from traditional investment vehicles to the holistic benefits of IBC. As the episode concludes, Doug offers insights for those considering IBC, emphasizing the need to appreciate its unique risk profile and asset class. His personal journey from a listener to a practitioner serves as an inspiring example for anyone looking to transform their financial approach and help others do the same. EPISODE HIGHLIGHTS: 00:38 Guest Introduction: Doug McKenzie 01:12 Doug's Journey to IBC 04:13 Overcoming Misconceptions about IBC 05:55 The Impact of IBC on Doug's Life 09:20 The Decision to Become an IBC Practitioner 12:01 The Process of Becoming an IBC Practitioner 21:07 Challenges and Tips for New IBC Practitioners 25:31 Conclusion and Contact Information ---- LINKS: Get in touch: SCHEDULE A CONSULTATION Online Course: IBC MASTERY ---- About Your Hosts: Hosts John Perrings and John Montoya are dedicated to spreading the word about Infinite Banking so you can discover for yourself how you and your loved ones can benefit with a virtual streamlined process that will take you from IBC novice to sharing the strategy with friends and family... even the skeptics! John Montoya is the founder of JLM Wealth Strategies, began his career in financial services in 1998, and is both an Authorized IBC® and Bank on Yourself® professional licensed nationwide. John Perrings started StackedLife Financial Strategies after a 20-year career in the startup world of Silicon Valley, where he specialized in data center real estate, finance, and construction. John is an Authorized Infinite Banking® professional and works nationwide. ---- Connect with us Get in touch to see how you might apply these principles to your situation. Schedule a free, no-obligation 30-minute consultation with us today! ---- ONLINE COURSE: Stop wasting hours on YouTube trying to piece together the information you want regarding The Infinite Banking Concept®. Check out our soup-to-nuts online course. Get everything you need to know about IBC and whole life insurance: IBC MASTERY
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