Latest / Without the Bank Podcast
You Can't Do Infinite Banking If You Don't Know Your Numbers (Ep. 291)
You can't get away from the bank if you don't know your numbers.
Mary Jo Irmen shares a business-owner to business-owner nudge for blue collar and small business owners.
Mary Jo breaks down what she's seeing in her last 5 business-owner meetings: successful, hard-working owners making a lot of money — but with no P&L, no QuickBooks, no handle on depreciation, profit margins, ortaxes. She explains why growth without profit is a trap, why relying only on your CPA to "pay less tax" can lead tobad equipment purchases, and why she won't write an infinite banking policy without knowing your…
The skinny
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