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Episode 10: Why Financial Advice Fails Entrepreneurs
Episode 10: Why Financial Advice Fails Entrepreneurs
M.C. Laubscher here and welcome to Infinite Banking Daily, where you get your daily dose of the best alternative wealth building strategies.
Today I address something that's been bothering me for years: why most financial advice doesn't work for entrepreneurs and business owners.
Think about the standard advice: Max out your 401(k). Build an emergency fund with six months of expenses. Pay off your mortgage early. Invest in index funds and wait.
That advice was designed for employees with steady paychecks, predictable income, and 30-year…
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