Description

In episode 78 of The Kitchen Table, Ken Baden interviews Dustin Wylie of Viking Financial Group to discuss the ins and outs of the finance industry. Dustin shares his journey into entrepreneurship and sheds light on the dark side of the financial advising world.

Tune in to learn more about the pitfalls to avoid in the financial world and how to protect your hard-earned money.

TIMESTAMPS

[00:02:29] Entrepreneurial journey into finance.

[00:04:38] Financial advising challenges and growth.

[00:08:36] Unethical practices in finance.

[00:10:33] Scandal in the insurance industry.

[00:13:23] Empowering People to Do Research.

[00:17:42] Life insurance and financial planning.

[00:22:17] Schemiest insurance sales tactics.

[00:24:35] Ponzi scheme in MLMs.

[00:28:12] Life insurance commission pitfalls.

[00:32:24] Growth and Exit Plans.

[00:36:28] Financial space retirement advice.

[00:37:15] Mismanagement of money and taxes.

QUOTES

• "So the only way that you can make more money, as you know, is you can print more of yourself or you can take on more business at a higher ticket. So what I did is I just printed more of myself, hired a couple of people that kind of had the integrity that I had, that if you know anything about financial advising, it is probably,  the slimiest place you could be in the world." - Dustin Wylie
• “A lot of people also don't know if you overfund your policy. So let's say you want to put in $10,000 a month. you can only put in 120 grand a year, that's it. So if you come in and you put 121,000 in, your policy's ruined.” - Dustin Wylie

SOCIAL MEDIA LINKS

Ken Baden

Instagram: https://www.instagram.com/officialkenbaden/

Facebook:https://www.facebook.com/officialkenbaden

Dustin Wylie

Instagram: https://www.instagram.com/vikingfinancialgroup/

Facebook:https://www.facebook.com/profile.php?id=672855973

LinkedIn: https://linkedin.com/in/dustinwylievfspg/

WEBSITES:

The Kitchen Table Podcast: https://thekitchentablepodcast.net/

Blue Collar Ballers Union: https://bluecollarballersunion.com/