Jim Oliver - Podcast Details

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Breakaway Wealth PodcastScarcity to Control: The Mindset Shift Behind Financial Freedom with Jim OliverIn this episode, Jim walks through the shift that changed everything: from chasing returns to building freedom through ownership and control. He shares the early lessons—from a casket factory in Gary, Indiana to Wall Street boardrooms—that forced him to question the financial playbook most people follow. The real breakthrough? Understanding that freedom isn’t about having more—it’s about controlling what you already earn. 3 Takeaways: Ownership is leverage. Watching a business owner control time and capital changed Jim’s view of wealth. It’s not about working more—it’s about owning the s...2025-07-2226 min

Breakaway Wealth PodcastBest Of: Weighing The Opportunity Cost of Your Financial Decisions with Jim and NickIn this episode, Jim Oliver and cohost Nick Kosko explore how the principle of Economic Value Added (EVA), widely used by corporations, can be applied to personal finance. They challenge conventional financial advice, specifically addressing the hidden cost of capital and its implications for wealth-building strategies like Infinite Banking. Key Takeaways: Understanding EVA: EVA is calculated using three components—Net Operating Profit After Tax (NOPAT), cost of capital, and capital employed—and helps determine whether an enterprise is generating true value. Your Family is a Business: Just like a corporation, your household economy shou...2025-06-2425 min

Breakaway Wealth PodcastFinancial Freedom Isn’t the Final Destination with Jim OliverIn this solo episode, Jim Oliver challenges the traditional notion that financial freedom is the ultimate destination. Instead, he reframes it as the beginning of a more meaningful journey—one rooted in ownership, impact, and legacy. Drawing on personal stories, lessons from Infinite Banking, and thought-provoking metaphors, Jim urges listeners to shift from escape to empowerment and build a life of purpose beyond financial independence. 3 Key Takeaways: 1. Financial Freedom Is Just the Start Most people chase financial independence like it’s the goal. It’s not. It’s just the starting line. Once you’re free, t...2025-06-0327 min

Breakaway Wealth PodcastThe Cost of Complacency with Jim and NickIn this conversation, Jim Oliver and Nick Kosko explore the hidden costs of comfort and the importance of embracing discomfort for personal growth. They discuss how complacency can lead to stagnation and how high performers leverage tension to achieve their goals. The guys share personal anecdotes and challenge listeners to confront their comfort zones, emphasizing that true growth often comes from uncomfortable experiences. 3 Key Takeaways: Income vs. Wealth: A high salary does not guarantee financial freedom. Wealth is built through discipline, strategy, and behavior—not income alone. Behavioral Finance: Emotional conditioning and early mo...2025-04-1525 min

Breakaway Wealth PodcastUnlocking Productivity: 10 Traits of High Achievers with Jim and NickIn this conversation, Jim Oliver and Nick Kosko explore the key traits and habits of highly productive and successful individuals. They discuss the importance of goal setting, time management, continuous learning, discipline, networking, resilience, maintaining a positive mindset, prioritizing health, reflection, and taking action. Each of these elements contributes to achieving personal and professional success, emphasizing that anyone can adopt these practices to improve their lives. 3 Key Takeaways: Goal Setting and Planning: Discover how to establish clear, actionable goals and build a roadmap for long-term success, including the importance of stretching beyond perceived limitations. 2025-01-2830 min

Breakaway Wealth PodcastChoosing the Right Kind of Hard with Jim and NickIn this episode of Breakaway Wealth, host Jim Oliver and co-host Nick Kosko explore the theme "Choose Your Hard." They dive into the challenges we face in life, the importance of perseverance, and how discipline shapes our success, both in personal development and faith. Drawing from personal stories, Biblical principles, and leadership lessons, Jim and Nick make the case for doing the difficult but rewarding things that lead to growth. 3 Key Takeaways: Perseverance in Hard Things: Jim and Nick discuss the significance of embracing hard tasks and how perseverance, driven by discipline, leads to personal...2024-10-1529 min

Breakaway Wealth PodcastBanks Are Draining Your Wallet Fight: Jim and Nick Help You Fight Back and WinIn this conversation, Jim Oliver and Nick Kosko discuss one of the most foundational elements of financial freedom and infinite banking. They go deep into explaining the volume of interest paid over the lifetime of a loan, rather than just focusing on interest rates. They explain how volume of interest works, how financial institutions benefit from the volume of interest and how individuals can take control of this situation and reclaim lost money they pay to the banks. 3 Key Takeaways: Understanding Interest: Financial institutions focus on interest rates to distract from the more sig...2024-08-2023 min

The Millionaire Journey PodcastCreating Tailwind to Build Wealth: Jim Oliver’s Journey and Infinite Banking AdviceEpisode 29 with Jim Oliver "Jim: I'm not saying it's simple, but it doesn't mean it's easy, right? Einstein said simplicity is elusive. Now why? Because of the noise. Because of the noise. They want you to take your money and put it in a large financial institution. Okay. And so think of any, I'm not going to pick on the banks, Wall Street, insurance companies, they're all large financial institutions. What do they all want, Glenn?Glenn: Your money.Jim: And how much of it do they want?Glenn: As m...2024-08-1349 min

Breakaway Wealth PodcastWhen Quitting Isn't an Option | Jim and NickIn this conversation, Jim Oliver and Nick Kosko discuss the importance of stretching one's vision and mindset. Quitting guarantees failure and that there is no scenario in which quitting leads to success. Our two hosts draw inspiration from JD Rockefeller, who grew up poor but had a vision of becoming the richest man in the world. 3 Key Takeaways: Quitting guarantees failure: Using analogies from boxing, football, and literature, Oliver and Kosko drive home the point that quitting always results in loss, regardless of the context. Vision and mindset are paramount: Inspired by the s...2024-04-1623 min

Breakaway Wealth PodcastWhich is Better: Volume or Luck? with Jim and NickIn this episode, Jim Oliver and Nick Kosko discuss the concept of volume negating luck and how taking consistent action leads to success. They emphasize the importance of learning from failures, adapting to challenges, and not being afraid to fail. They also highlight the power of visualization, persistence, and enjoying the journey. 3 Key Takeaways: Consistent Action and Embracing Failure Lead to Success: Success is achieved through persistent effort over time, coupled with an acceptance of failure as a natural part of the learning process. By taking consistent action and learning from setbacks, individuals can progress...2024-03-1921 min

Perspectives on HealthcareJim Batterton: A Patient’s Perspective on HealthcareJim Batterton gives us a patient’s perspective on healthcare in this episode of the Perspectives on Healthcare podcast with Rob Oliver. Jim is located in Connecticut. You may recognize his last name because his wife joined the interview marathon as well. This is episode 176 of the podcast and Jim is the 59th interview in the patient’s perspective marathon. If you are enjoying these interviews, we would value a review on whatever platform you listen to Perspectives on Healthcare. Here are 3 things that stood out as Jim Batterton gave us a patient’s perspective on hea...2024-02-0919 min

What Are You Made Of?The Infinite Banking Revolution: The Jim Oliver Approach to Financial IndependenceMike "C-Roc" sits down with the world's foremost authority on the Infinite Banking Concept, Jim Oliver. A financial freedom and abundance advocate coach, Jim has dedicated his career to breaking the financial shackles that bind individuals and businesses with unnecessary taxes and interest expenses. Join Mike and Jim as they delve into Jim's unique journey, shaped by early adversity and a quest for financial knowledge. Having spent 12 years under the guidance of the late R. Nelson Nash, the pioneer of Infinite Banking, Jim now spreads the message through his firm, Create Tailwind, his podcast...2024-01-0134 min

Breakaway Wealth PodcastDebunking Financial Myths with Jim and NickIn this Breakaway Wealth podcast episode, hosts Jim Oliver and Nick Kosko dive into the core principles of Infinite Banking Concept (IBC). They start by addressing common misconceptions about IBC, emphasizing the importance of simplicity in understanding financial concepts, and pepper the conversation with references to financial thought leaders and real-life examples. Three Key Takeaways: Misconceptions about Infinite Banking and Wealth Strategies: Jim and Nick examine the pitfalls of widely accepted advice from financial experts like Dave Ramsey and Susie Orman, underscoring the importance of understanding the true cost of cash and the impact of...2023-12-1231 min

Raising Private Money with Jay ConnerExploring Alternatives to Traditional Banking: Infinite Banking Insights with Jim Oliver and Jay ConnerHave you heard that there are alternative ways to traditional banking?Welcome to the latest edition of our Raising Private Money Podcast, today Jay Conner is joined by the brilliant Jim Oliver! Get ready to dive into the fascinating world of infinite banking and learn how you can create wealth without relying on Wall Street brokers or financial planners!Jim Oliver is the founder of Create Tailwind, a nationally recognized firm that empowers individuals and businesses to achieve financial independence. Together, Jay and Jim explore the concept of Raising Private Money and how education plays...2023-11-2332 min

Brian Bogert - Flipping The LidBreaking Free From The Traditional Money Mindset And Shifting Paradigms On Wealth Creation with Jim Oliver (E37)Welcome to Flipping The Lid! In today's episode, we have Jim Oliver, a financial expert who has changed the way we understand money and banking. Jim shares his journey and sheds light on the secrets of financial literacy. Jim's unconventional approach to financial understanding and empowerment has changed lives. By shifting away from the traditional financial model, he has helped many individuals become their own bankers. In this episode, Jim shares his upbringing, where he overcame a difficult childhood in an abusive family. Through...2023-11-161h 17

Real Estate Investing with the REI Mastermind NetworkFrom Average Returns to Infinite Wealth: Taking Control of Your Finances w/ Jim OliverJim Oliver started his career as a fee-based and full-service financial advisor after graduating from college. He spent 15 years in this role, providing financial advice and acting as a financial babysitter for his clients. One day, he received a notification from one of the platforms he was using, claiming that his clients had earned 9.38% returns over a certain period. However, upon further investigation, Jim realized that despite having $700,000,000 under management, his own investments hadn't seen the same increase. He meticulously analyzed the numbers, factoring in fees, expenses, and taxes, and discovered that his actual returns were only around 4%. This...2023-11-0941 min

The A Game Podcast: Real Estate Investing For EntrepreneursHow The Average Person Can Be Their Own Bank | Jim Oliver Join Nick Lamagna on The A Game Podcast with his guest Jim Oliver, a master of the Infinite Banking Concept teaching the average person to BE YOUR OWN BANK! He is an entrepreneur, author and format casket builder originally Fighting out of California, he grew up in a less than stellarfinancial position now successful financial wizard and business owner. Jim owns 22 (YES 22!) businesses including his crown jewel, a financial planning firm he founded known as Create Tailwind. Pivoting to building wealth beyond wall street they have Helped 1000s of individuals and businesses achieve financial success being their own...2023-11-0659 min

Unlock Your Potential with Jeff LernerWhat They Don't Want You to Know About Banking | JIM OLIVER #267This new episode of Unlock Your Potential features Jim Oliver, host of Breakaway Wealth Podcast, founder of CreateTailwind, and the world authority of The Infinite Banking Concept. We start the episode by talking about how difficult it is to realize that what we have learned about money since we were children is wrong. In the middle of the episode, Jim shares the pivotal moment that changed his perspective on finances. It's all about the concept of cash-flowing assets, a true game-changer in the quest for financial freedom. 2023-11-011h 05

Breakaway Wealth PodcastUnveiling of 'Make Bank Without the Bank' with Jim and NickIn this episode of Breakaway Wealth, Jim Oliver and cohost Nick Kosko discuss the release of Jim's book, "Make Bank Without the Bank." Jim shares his personal journey and the motivation behind writing this book, emphasizing the importance of achieving financial independence and taking control of your financial life. 3 Key Takeaways Seeking Resistance: Key to success is embracing resistance and challenges in life. Jim shares personal experiences, from street fights as a kid to facing adversity in his career, explaining that overcoming resistance is essential for personal growth and success. The Power of...2023-10-3125 min

Money School PodcastWall St. Just Babysits Your Money: Here’s How to Actually Grow It w/Jim OliverThe truth about money is something most people will never know, and they suffer for it. Everything we’re taught about money is broken and wrong. The financial advisors that control your money are nothing more than babysitters. People are told they aren’t smart enough to manage their own money, even though they are smart enough to earn it. The financial instruments so many people rely on are just facades, and the process that will actually set us free is heavily misunderstood and even demonized. Why do we have to break...2023-10-1948 min

Breakaway Wealth PodcastKeep Your Eyes on the Road: Navigating Your Financial Future with Jim and NickIn this episode, your host, Jim Oliver, is joined by co-host Nick Kosko. With their usual banter and insight, they dive deep into a thought-provoking discussion about the importance of forward thinking, financial freedom, and the role of a competent guide on your journey to success and wealth generation. 3 Key Takeaways: Look Forward, Not Back: Jim and Nick break down the habit of looking backward at past mistakes vs. looking forward toward what you’re going for. Seek Authorities: Just as you would trust a skilled surgeon for brain surgery or an experienced pilo...2023-09-2628 min

Breakaway Wealth PodcastFrom Fixer-Upper to Fortune: Success Story of a Build-to-Rent Pioneer with Jim ShielsIn this episode of Breakaway Wealth our host Jim Oliver talks with guest Jim Shiels, a seasoned expert in strategic real estate investing. Together, they discuss how Jim Shiels created a thriving portfolio and built cashflow in a remarkably short period of time. From debunking traditional money wisdom to unveiling the power of strategic niche focus, this episode unveils the secrets to success in real estate investing and financial freedom. 3 Key Takeaways: Strategic Niche Focus: Jim Shiels emphasizes the significance of carving out a unique expertise and honing it to perfection. By finding...2023-09-1227 min

Breakaway Wealth PodcastCommunity & Course Information Session with Nick KoskoJim and Nick Kosko are back this week to showcase Tailwind Community, a free learning hub devoted to helping budding investors understand the ins-and-outs of IBC. From taking out insurance on a budget all the way through exploring courses catered toward IBC principles - no matter your question or degree of knowledge, they can help you confidently start down the road towards international investment success! Jim shares how his experience and knowledge - specifically, understanding R. Nelson Nash's revolutionary banking concept from his book Becoming Your Own Banker - influenced why he created the courses inside the Cr...2023-01-1023 min

Breakaway Wealth PodcastHandling Adversity in Times of Crisis with Nick KoskoLife happens, and people are facing adversity all day every day. It just so happens that the host of Breakaway Wealth faced adversity recently in an event that everybody knows about. A little over a week ago, Hurricane Ian made landfall just a couple of miles from Jim’s house and nobody heard from him for 48 hours or so. They were fighting through over 150mph winds and storm surges, and Jim was left with no power or water. Experiencing the hurricane first-hand, there are a few things he would have done differently had he known what he does now, an...2022-10-1138 min

Breakaway Wealth PodcastWhy THIS Industry is Having Explosive Growth with Jim PakulisIn this episode, you’ll discover a sector that is growing at an explosive rate, and why this is happening. Jim Pakulis shares where his interest in emerging markets came from, the one change companies like McDonald’s, Burger King, and Starbucks are all making, and how this massive group of people is moving the needle. If you want to learn more then the best thing to do is to listen to the full episode here: https://www.youtube.com/watch?v=wJFk6L_sXGA - Connect with Jim Olive...2022-07-1906 min

Breakaway Wealth PodcastA New Way to Look at Equipment Financing with Nick KoskoIn This Episode: When people read Becoming Your Own Banker by R. Nelson Nash, they get to the equipment financing example and they don’t understand it. They read it two to three times and then take the Becoming Your Own Banker course inside the CreateTailwind community, and then it sinks in. They think it’s the answer for them and that they have everything figured out. But this week, Jim and Nick Kosko are taking a different approach to this topic, and while they are still explaining it as the book intends it to be explained, they...2022-06-2838 min

Breakaway Wealth PodcastMaking the Move to Plant-Based Protein with Jim PakulisIn This Episode: There is a lot of evidence that a plant-based diet is a healthier way to eat, and people nowadays have the opportunity to introduce plant-based foods into their diet in ways they may never have considered before. Fast-food corporations such as McDonald's, Burger King, Starbucks, Pizza Hut, Taco Bell, and many others are starting to introduce plant-based options to their menus and more and more grocery stores are expanding their frozen sections to accommodate more plant-based meals. But do plant-based foods actually live up to the hype? Is it really possible to transition from...2022-05-2422 min

Breakaway Wealth PodcastPlan Forward, Measure Back with Nick KoskoIn this episode, you’ll discover why vision without focus doesn’t mean anything and what it means to live in the gap. Jim and Nick Kosko discuss what the Dickens technique is, and how to use it to create a compelling vision. If want to learn more then the best thing to do is to listen to the full episode here: https://www.youtube.com/watch?v=QizojY2F9mI Book mentioned in this episode: The Gap and The Gain: The High Achievers' Guide to Happiness, Confidence, and Success by Dan Sul...2022-05-1407 min

Breakaway Wealth PodcastShifting Paradigms with Bryan FlahertyIn this episode, you’ll discover why the infinite banking concept is actually very simple and why younger people tend to pick it up faster. Jim and Bryan Flaherty discuss some books around infinite banking and how they came to understand their content. If want to learn more then the best thing to do is to listen to the full episode here: https://www.youtube.com/watch?v=0R87dGy0HS8 Books Mentioned in This Episode: Rich Dad's CASHFLOW Quadrant: Rich Dad's Guide to Financial Freedom by Robert T. Kiyosaki S...2022-04-2307 min

Breakaway Wealth PodcastChange Your Mindset and Break Away with Logan RankinIn this episode, you’ll discover how Logan Rankin was able to retire by the time he was 30. Jim shares why you have to fight back against the outside forces that control your money and why you need to stop outsourcing your education to financial planners. If want to learn more then the best thing to do is to listen to the full episode here: https://www.youtube.com/watch?v=RLa84R-3_WQ - Let us tell you about a new course that just landed in the CreateTailwind community called TaxInvisible. In th...2022-04-2107 min

Breakaway Wealth PodcastThe Key to Building a Real Estate PortfolioIn this episode you’ll discover what Jim loves most about real estate and what he would tell young people about real estate investing today. Thomas Nolen shares why you need to have a Kenny Rogers mentality if you’re serious about a real estate portfolio or investing. If want to learn more then the best thing to do is to listen to the full episode here: https://www.youtube.com/watch?v=k6kc9zWW3jU - Let us tell you about a new course that just landed in the CreateTailwind community called TaxInvisible. In thi...2022-04-0907 min

Breakaway Wealth PodcastTaking Coaching Skills into the Business WorldIn this episode, you’ll discover why Jim feels coaching is one of the most rewarding jobs you can have and how to take the skills you learn through teaching and coaching and apply them to the business world. Dee Hutchins shares why partnerships can be difficult at times and the main lesson he learned from starting a business. If want to learn more then the best thing to do is to listen to the full episode here: https://www.youtube.com/watch?v=8a9Sc-lP4oU - Let us tell you about a new cour...2022-04-0708 min

Breakaway Wealth PodcastThe Key to a Successful PartnershipIn this episode you’ll discover the main lesson Dee Hutchins learned from starting a business. Jim and Dee discuss the importance of communication, and why removing the emotion from the relationships is the key to a successful partnership. If want to learn more then the best thing to do is to listen to the full episode here: https://youtu.be/8a9Sc-lP4oU --- Let us tell you about a new course that just landed in the CreateTailwind community called, TaxInvisitble. In this course Jim Oliver, founder + coach at...2022-03-1707 min

Breakaway Wealth PodcastIntroducing: The CreateTailwind CommunityIn This Episode: At CreateTailwind, the overarching goal is to help people free themselves from financial slavery, the banking system, wall street, and government control of money. Jim Oliver and Nick Kosko are constantly on the hunt for the next best thing they can do to make this message clearer and serve their clients. And they have been working for a while now on something that will make that happen. So what is the answer? After setting out on a journey to better serve their audience, Jim and Nick share a long-awaited announcement in this...2022-02-0123 min

Breakaway Wealth PodcastBrent Sprenkle - The Billion Dollar PortfolioIn This Episode: Jim Oliver introduces Brent Sprenkle, a commercial real estate broker and investor in Los Angeles for two of the nation's top firms, Berkadia and Sperry Van Ness. Brent has been one of Berkadia's top ten brokers for the last six years. With more than 350 apartment buildings and other commercial real estate sold, his sales of commercial properties have exceeded $1.2 billion. He brings more than twenty years of experience and expertise in assessing his clients' real estate portfolios, helping them achieve their objectives of exchange, expansion, consolidation, and disposition. Jim and Brent discuss...2021-07-2735 min

Breakaway Wealth PodcastThomas Nolen - Knowing When to HoldJoin Jim Oliver as he welcomes Thomas Nolen, a multi generational real estate investor who has taken the knowledge and advice passed down to him and gone on to build his career and wealth to survive multiple recessions and the ever-changing world of real estate. “You’ve gotta know when to hold ‘em, know when to fold ‘em and know when to walk away” -Kenny Rogers Books Mentioned in this Episode: Bomber Mafia by Malcolm Gladwell Truman by David McCullough 7 Men by Eric Metaxas The Art of Impo...2021-05-1833 min

Breakaway Wealth PodcastBanking at the Me and You LevelJoin Jim Oliver and Nick Kosko as they discuss the current financial state of the U.S. and how YOU can gain financial freedom sooner by utilizing Infinite Banking Concept. In this Episode: Jim goes step by step showing how to get started with IBC, becoming your own banker, and deploying your money to build your wealth. Follow along with this episode on YouTube Books Mentioned in this Episode: Atlas Shrugged by Ayn Rand Connect with Jim Oliver: Facebook: Crea...2021-05-1228 min

Breakaway Wealth PodcastDennis Daughety: Franchise OwnershipIn this Episode: Join Jim Oliver as he sits down with Dennis Daughety, a veteran in the franchise development and ownership space. Dennis got his start in 2002 at Choice Hotels International where he sold brands such as Comfort Inn, Sleep Inn, Econo Lodge and Rodeway. From there he moved to the development department of Driven Brands selling Maaco franchises. While at a franchise broker conference in 2014, he was introduced to the salon suites concept and signed up as a franchisee with Phenix Salon Suites. They saw his value as a seasoned director of franchise sales and hired...2021-04-1928 min

Breakaway Wealth PodcastDee Hutchins: Breaking AwayIn this Episode: Jim Oliver sits down with Dee Hutchins to discuss taking the alternative path in life and breaking away from the traditional mindset. Dee spent 20 years teaching high school history and coaching basketball. He has always enjoyed sharing insights with people that give them a new perspective on their own lives. He has since switched his focus to sharing health opportunities and speaking on the importance of gaining control of your life and finding freedom in knowledge all over the world. “Work harder on yourself than you do your job”...2021-04-1452 min

Breakaway Wealth PodcastThe Case for IBC - Part 7: Putting IBC in ActionJoin Jim Oliver and Nick Kosko conclude this series where we have been exploring the chapters of the late R. Nelson Nash’s book, “The Case for IBC”. In this episode, Jim breaks down a simplified policy and shows how it is put into action to fund a real estate investment. With time, we see how the income from their investments (or behavior) begins to fund their policy creating the loop of Infinite Banking. “The point of IBC isn’t to put your money into life insurance, instead it’s to hold your liquid funds in a very co...2021-03-2329 min

Breakaway Wealth PodcastThe Case for IBC - Part 5: How Does This Work?Join Jim Oliver and Nick Kosko as they continue their break down of R. Nelson Nash’s book “The Case for IBC”. In this episode we address frequently asked questions clients have when first approached with Infinite Banking Concept and clear up some common misconceptions about life insurance in the process. FAQ’s: What does life insurance have to with banking? What if I’m uninsurable? Can I still use IBC? Why use whole instead of term life insurance? Why use life insurance for IBC rather than borrowing ag...2021-03-0939 min

Breakaway Wealth PodcastThe Case for IBC- Part 4: Becoming Your Own BankerJoin Jim Oliver and Nick Kosko as they dive into the fourth chapter in our series exploring R. Nelson Nash's book, "The Case for IBC". In this episode we discuss: How banks use your money to make THEM money. How to take control of your banking system and create a cash flow The 5 simple rules of becoming your own banker “If money doesn’t flow, it dies.” -- Jim Oliver Purchase your copy of “The Case for IBC” HERE 2021-03-0237 min

Breakaway Wealth PodcastThe Case for IBC Series- Part2: The Perfect InvestmentJoin Jim Oliver and Nick Kosko as they continue to delve into R. Nelson Nash's book "The Case for IBC" and discuss what makes a perfect investment. Purchase “A Case for IBC: How To Secede From Our Current Monetary Regime One Household At A Time” HERE Follow this series on YouTube to learn more IBC and to hear from our clients! Connect with Jim Oliver: Facebook: CreateTailwind & Jim Oliver Website: CreateTailwind.com YouTube: CreateTailwind LinkedIn: Jim Oliver 2021-02-1623 min

Breakaway Wealth PodcastA Case for IBC- Part 1: The Business OwnerListen as Jim Oliver and Nick Kosko take a dive into R. Nelson Nash’s famous book, “A Case for IBC: How To Secede From Our Current Monetary Regime One Household At A Time In this episode we will explore how the average business owner, who may not be designed for the traditional structure of commercial banking, can profit from an Infinite Banking system. Purchase “A Case for IBC: How To Secede From Our Current Monetary Regime One Household At A Time” HERE Follow along on YouTube and watch Jim break d...2021-02-0922 min

Breakaway Wealth PodcastTroy Fullwood: Investing in DebtIn this episode Jim Oliver meets with Troy Fullwood. Troy has owned and operated Pinnacle Investments on full time bases since 1997, a nationwide principal buyer of 1st lien performing and non-performing real estate notes. Troy has assembled a team of professionals whose main focus is to quickly assemble and close each and every transaction. Troy has done over 11,000 real estate note deals since 1997 through a combination of both single and bulk transactions. Key Takeaways: Purchasing owner-finance mortgages can be an ethical way to invest in people as well as build your own wea...2021-02-0230 min

Breakaway Wealth PodcastFrequently Asked QuestionsIn this episode Jim Oliver and Nick Kosko address: Three Frequently Asked Questions 1. What is the Consolidated Appropriations Act (CAA) and how does it affect whole life insurance policies? 2. Why do we advise variable loan rates rather than fixed? 3. Is it a cost or opportunity to start an IBC policy? Key Takeaways: Insurance companies are still taking in new information when it comes to the CAA and companies are deciding what changes, if any, will take place. Variable rate loans are...2021-01-2629 min

Breakaway Wealth PodcastReal Clients Real Stories: Bobby Keller, Taking the First StepIn this episode Jim Oliver and Bobby Keller discuss: Unlearning traditional banking concepts How Bobby overcame his hesitations and took the first step towards financial freedom How IBC can enhance your investments Books Mentioned in This Episode: Gates on Fire by Steven Pressfield Go Giver by Bob Burg Connect with Jim Oliver: Connect with Jim Oliver: Facebook: CreateTailwind & Jim Oliver Website: CreateTailwind.com YouTube: CreateTailwind LinkedIn: Jim Oliver 2021-01-1919 min

Breakaway Wealth PodcastJustin Craft: Thinking Different with Nelson NashIn this episode, Jim Oliver and Justin Craft discuss: The Infinite Banking Concept’s author Nelson Nash. Financially holistic thinking, as taught by Nelson Nash. Core principles that belong with Infinite Banking. Key Takeaways: It’s all about how you think. Thinking in different directions can be beneficial. It starts with bringing your money to the you and me level. “It’s all about how you think.” – Nelson Nash Becoming Your Own Banker by R. Nelson Nash Connect with Jim Oliver: Facebook: CreateTailwind & Jim Oliver Website: CreateTailwind.com YouTube: createt...2021-01-1325 min

Breakaway Wealth PodcastBob Burnett: Don't Feed the Beast In this episode, Jim Oliver and Bob Burnett discuss: The changes that have shifted the way we now conduct business. Inflation - what it is and the impact that it has on our finances. How our money gets manipulated and the fact that often times, we’re not even aware of it. Key Takeaways: You have to always make your future bigger than your past and take back control of your money. Inflation is pulling massive amounts of wealth out of people's pockets. The money that you have in banks is feeding a sy...2020-12-1643 min

Breakaway Wealth PodcastReal Clients Real Stories: Todd Malone - Pilot and Family Man In this episode, Jim Oliver and Todd Malone discuss: The evolution of investment strategies and the real world crises that have undermined those strategies over the years. Breaking away from the mindset of traditional investment and taking control of your wealth building. Using IBC to create wealth and give back to the community. Key Takeaways: Educate yourself on the strategies involved in IBC to determine if it’s right for you. IBC is a long-term, wealth-building system that gives you financial freedom and is more secure than traditional investment strategies. With the financial security you build, yo...2020-12-0237 min

Breakaway Wealth PodcastBunny Young: Self Awareness and the Importance of YOU!In this episode, Jim Oliver and Bunny Young discuss: How to stay sane during these insane times. The difference between money, value, and wealth. The importance of having the right people in the right seat. The definition of happiness. Key Takeaways: They only way to guarantee your paycheck is that YOU guarantee your paycheck. When looking at making an investing decision look at the people first and the P&L second. You can't achieve financial abundance without mental, emotional, and spiritual abundance. They all go hand in hand. What stock should you buy? That’s easy! You should buy more stoc...2020-10-0640 min

Breakaway Wealth PodcastJack Miller: The Secret to Over 30 Years of SuccessIn this episode, Jim Oliver and Jack Miller discuss: Alternative financing options for real estate investors and small business owners. The benefits of working with a non-bank lender. The lessons learned from being in the mortgage and real estate industry for over 30 years. Key Takeaways: Know what your options are. Banks aren’t the only option for meeting your capital needs. The key to success is being able to reinvent yourself. Be resilient and embrace change. Take tough times and plow through them. There’s a lesson in every failure. “There are more opportunities in today’...2020-09-2928 min

Breakaway Wealth PodcastKristin Tabbert: Are You Really Committed or Merely Interested? Know the Difference!In this episode, Jim Oliver and Kristin Tabbert discuss: How she reached success by breaking away from a job that was unfulfilling which was the first step toward freedom and really walking into her purpose. Understanding the difference between a coach and a mentor. The benefits of using a coach to reach your full potential. Key Takeaways: The benefits of using a coach to reach your full potential. You have to eliminate the safety net if you want to be committed to change. Understand that there’s an upfront cost to the outcomes that you want to...2020-09-2234 min

Breakaway Wealth PodcastConnor Boyack: The Freedom FighterIn this episode, Jim Oliver and Connor Boyack discuss: The Tuttle Twins – a series of books, about the free market, written and created by Connor in a unique and innovative way that allows children age 5 – 11 to understand political and economic ideas. The lack of age-appropriate educational resources and how the curriculum in our education system doesn’t teach these economic and social principals. The unintentional secondary audience of parents that have also benefited from sharing these stories with their child. Key Takeaways: The Tuttle Twins series creates a foundation that parents can now build on and have s...2020-09-1529 min

Breakaway Wealth PodcastThe Crossroads of Economics and IBC - Part 2In Part 2 of this episode, Jim Oliver and Robert Murphy discuss: The commonality between IBC, Crypto currency and Gold An overview of the Gold Standard Insight into what’s happening in our current economy The things people commonly get wrong with their understanding of IBC Key Takeaways: IBC presents an opportunity to secede from the traditional banking system Educate yourself and understand the concept before forming an opinion Book Reference: Becoming Your Own Banker by R. Nelson Nash Lessons for the Young Economist by Dr. Robert Murphy, PhD What Has Government Done to...2020-09-0835 min

Breakaway Wealth PodcastThe Crossroad of Economics and IBCIn Part 1 of this episode, Jim Oliver and Robert Murphy discuss: Understanding the different schools of economics. Quantitative Easing - What does that mean? Is Crypto currency the answer? Key Takeaways: If the system is stacked against you, you have to break away from it if you want to be free. Don’t be fooled by the illusion. If we’re in a bad economy, printing money is not the answer. “Don’t be fooled by the illusion. If we’re in a bad economy, printing money is not the answer." - Dr. Bob Murphy, PhD 2020-09-0131 min

Breakaway Wealth PodcastBuilding Wealth 101In this episode, Jim Oliver and Nick Kosko discuss: How to solve the problem of financing everything that we buy. How IBC has advantages that other investment and savings vehicles don’t have. The #1 thief in the world. Do you know who it is? Key Takeaways: Your behavior is the most important part of the strategy. You have to take responsibility and realize that participation is required – not just funding. Never forget the importance of building a good foundation. Don’t be distracted by the financial headlines. Learn more about the Infinite Banking Concept and be enligh...2020-08-1827 min

Breakaway Wealth PodcastPaul Moore: The Perfect InvestmentIn this episode, Jim Oliver and Paul Moore discuss: The motivation behind Paul’s book, The Perfect Investment. The current state of the economy and the impact on the real estate market: What’s Hot and What’s Not! Recession resistant assets. Key Takeaways: If you’re curious about commercial real estate, making a fractional investment with a professional operator is a good place to start. The Infinite Banking Concept pairs well with commercial real estate investing. Make sure you understand the difference between investing and speculating! Connect with Jim Oliver: Facebook: CreateTailwind & Jim Oliver ...2020-08-0435 min

Breakaway Wealth PodcastWalking the WalkIn this episode, Jim Oliver and Nick Kosko discuss: How they’ve benefited from being fully committed to the IBC concept both personally and professionally. Nick’s humble beginnings as a beginner to the IBC concept and how he transitioned through the process. Fighting the noise and not being distracted by the common narrative of fear and scarcity. Key Takeaways: The IBC concept takes time and CreateTailwind is dedicated to helping you reach your Abundance Mindset. Start where you’re comfortable, but keep learning and be able to adapt your thinking. We become what we think so cou...2020-07-2833 min

Breakaway Wealth PodcastNavigating Uncertain Times: Your Mindset and Your MoneyIn this episode, Jim Oliver and Nick Kosco discuss: How IBC clients are finding peace of mind amidst the pandemic. The security provided by using IBC vs the uncertainty of having your money in Wall Street. The power of an Abundance Mindset. Key Takeaways: Cultivate a mindset of abundance and positivity, think long term. Confidence is a skillset. Have a focus on taking control. “Walk forward faithfully knowing that there’s a better life and whatever you want - just go get it.” - Nick Kosko Book Reference...2020-06-0923 min

Breakaway Wealth PodcastMike Michalowicz: Simplify Your Entrepreneurial JourneyIn this episode, Jim Oliver and Mike Michalowicz discuss: How losing everything Mike had was the impetus that made him begin researching what makes entrepreneurs successful. How to avoid the trap that business owners face of living crisis to crisis. Mike’s latest book, Fix This Next, and other resources that he provides for entrepreneurs. Key Takeaways: Profit First is the pay yourself first principle applied to business. Don't do the work - delegate the work. The biggest challenge a business owner has is knowing what their biggest challenge is. “I'm not sayi...2020-05-1916 min

Breakaway Wealth PodcastSteve Yastrow: Ditch the Pitch - Have Conversations That Matter!In this episode, Jim Oliver and Steve Yastrow discuss: How having a coach allows you to earn wisdom and gain understanding. The Ditch the Pitch process and understanding the value of richly engaging human interaction. The importance of connecting with your customers. Key Takeaways: A good coaching relationship requires accountability and a vested interest on both sides. Customer knowledge is your best competitive advantage. Human beings don’t think in facts and figures. We think in stories. Turn every presentation into a conversation. “I think it’s wonderful to have coaches. We take ad...2020-04-2839 min

Breakaway Wealth PodcastOla Dantis: Living Out the American DreamIn this episode, Jim Oliver and Ola Dantis discuss: How Ola tapped into real estate investing and saw America as an opportunity for success and growth. The importance of having a mentor to help you navigate your blind spots How passive investors could earn up to a 15% rate of return Key Takeaways: Success isn't going to come to you in a golden box with a red ribbon around it. You have to really want it and it takes hunger, hard work, sacrifice and commitment. Don’t be satis...2020-04-0726 min

Breakaway Wealth PodcastGrab the Opportunity and then Wash your Hands!In this episode, Jim Oliver and Nick Kosco discuss: COVID 19 and the opportunities available on the other side of this pandemic Infinite banking policies and their ability to weather the storm How creativity will provide a way forward Key Takeaways: Now’s the time to evolve and use the technology available because businesses as we know it will be forever changed. Use your time wisely and benefit from being able to educate yourself. We can come out of this even stronger, happier and more abundant. Mind over matter! Don’t let fear win. Be cautious and make...2020-03-3121 min

Breakaway Wealth PodcastKim Daly: Creating Wealth Through FranchisingIn this episode, Jim Oliver and Kim Daly discuss: How she found freedom and became her own boss What franchising is, the role of a franchising consultant and how you can use the franchise business to change your life. The misconceptions about franchising Key Takeaways: You still have to spend money to build your business. Franchise is all about following the proven process, not reinventing the wheel. In life, we get what we expect. The importance of having a millionaire mindset Just do it! Find someone who can guide your process and help you make an ed...2020-03-2443 min

Breakaway Wealth PodcastJosh Sweeney: Building an Epic Business with an Epic CultureIn this episode, Jim Oliver and Josh Sweeney discuss: Josh’s entrepreneurial beginnings and professional journey to where he is now. Marketing services to your ideal customers. Creating awareness for your company and brand to grow your audience. The differences between b2b and b2c business models. Key Takeaways: Part of selling and closing deals is confidence when speaking the lingo of your client and their industry. That is how they know that you understand them. Time management is so key to everything you do – find ways to maximize and compound your time in ev...2020-03-0326 min

Breakaway Wealth Podcast10 Minute Lesson in Life InsuranceIn this episode, Jim Oliver and Nick Kosko discuss: Who sets the minimum and maximum premiums of life insurance. The transfer of risk in life insurance. Qualified plans postpone the tax calculation, and what history tells us about possible future taxation. Term policies versus permanent. Key Takeaways: There are flaws in the way life insurance is taught, because they focus on cost not opportunity. There is nearly an infinite amount of premiums that can be charged between the minimum and the maximum. To retire is to be taken out of service – we want to conti...2020-02-1824 min

Breakaway Wealth PodcastBrandon Turner: From Addiction to AbundanceIn this episode, Jim Oliver and Brandon Turner discuss: Brandon’s journey through addiction, into recovery, and his finding of Infinite Banking. Moving through adversity to learn who you are, not as someone defined by your adversity. Maintaining a program of recovery internally and financially. Taking action to move through fear and uncertainty. Key Takeaways: Addiction doesn’t discriminate if you are wealthy or poor, but, wherever you are at, you can bounce back from it. Gratitude is the key to financial recovery. Focus on serving people and everything will fall in place for you. I...2020-02-1130 min

Breakaway Wealth PodcastHarper Jones: Autonomy in Infinite BankingIn this episode, Jim Oliver and Harper Jones discuss: How Harper got started in real estate in his teens and has since incorporated Infinite Banking in with his real estate pursuits. Harper’s first real estate investment and lessons learned from that investment. Getting the right education on Infinite Banking and filtering out the junk. Having strength through plans going awry.   Key Takeaways: Formal education is only the beginning, not the ending. Be willing to speak to and learn from those who have found success. The best foundational asset is still Becoming Your Own Banker by R. N...2020-01-2327 min

Breakaway Wealth PodcastThe Strangest Secret by Earl NightingaleIn this episode, Jim Oliver, Nick Kosko, and Earl Nightingale discuss: The voice of personal development, and lessons from Earl Nightingale. The dangers of conformity. The importance of goals. The power of our thoughts and how it directs what we become. The price we all must pay, and the benefits of paying the price.   Key Takeaways: What you think about becomes everything. We can control our thoughts and we can control the direction of our thoughts. A success is anyone who is doing a predetermined job and doing it deliberately. Have goals – knowing where you are going...2020-01-1742 min

Breakaway Wealth PodcastLessons from the Impact Leadership Conference - Part 2 of 2In this episode, Jim Oliver and Nick Kosko discuss: Lessons from Chris Hodges, founder and senior pastor of Church of the Highlands. What you need to do to accomplish your vision. Being the culture, not building the culture and leading by example. Go back to the basics. Key Takeaways: Have you made it clear what is the measurable win? “Your systems are perfectly designed to get the results you are getting.” – Chris Hodges Pursue excellence – you can’t accomplish it, but you can strive for it. Drop the negative thought as soon as it gets in you...2020-01-1015 min

M&A UnpluggedWhat is Infinite Banking with Jim OliverIn this episode, Domenic and Jim Oliver discuss: The actual rate of return versus the average rate of return on investments. Jim's background and his start in mastering the infinite banking concept. The whole life insurance policy rider that generates the borrowing platform. How Jim uses the concept to acquire and invest in businesses. Key Takeaways: It can only be done with a Mutual Life Insurance company. You can borrow against your premium without touching the principle. You pay an average interest rate of 5% against the value of the loan which is in turn, tax...2019-12-2434 min

Breakaway Wealth PodcastChase Your Lion & Break Away from the HerdIn this episode, Jim Oliver discusses: What is your lion? Moving out of a scarcity mindset. Use role models to accelerate your success rate. Taking massive action with an attitude of gratitude.   Key Takeaways: “Dare to fail, dare to be different, quit holding out, quit holding back, quit running away. Chase the lion.” – Mark Batterson You have to know what you want in order to achieve it. Keep moving forward, modify your plan as need be, continue to learn and read and pray every day. If you read your goals before bed, your mind will continue working on those...2019-11-2921 min

Breakaway Wealth PodcastBob Burnett: Crypto CurrencyIn this episode, Jim Oliver and Bob Burnett discuss: Why crypto currency exists Using crypto currency A push system Where we now in the development of crypto currency   Key Takeaways: Crypto currency allowed people all over the world to exchange money with ease The owners are private, but the totals are public A transparent system with the purchaser initiating the exchange of currency Crypto currency has a potential huge impact in the distressed countries around the world along with the developed areas   "Crypto currency is going to cause freedom in money or in currency." — Bob B...2019-11-0123 min

Breakaway Wealth PodcastThe Arrival SyndromeIn this episode, Jim Oliver discusses: The Automotive industry learning infinite banking Use it or lose it regarding infinite banking Economic value The marshmallow experiment   Key Takeaways: If you know what is happening, you will know what to do Your money is just as valuable as the bank’s money Making infinite banking a way of life is the only way it works We have to delay gratification to succeed   "We are showing people it is not about the high rate of return. It is not about the rate. It is about the flow of money...2019-10-2516 min

Breakaway Wealth PodcastLuke Neubauer: Real Estate as a Passive Income and MoreIn this episode, Jim Oliver and Luke Neubauer discuss: Getting out of the ‘rat race’ Confidence is a skill to build Building a community to encourage each other in real estate The abundance mindset, not a scarcity mindset   Key Takeaways: Set goals and take steps to reach those goals, say it out loud Fear is normal, it takes time and action There is no losing, just winning or learning Recommended Books: Millionaire Next Door by Thomas J. Stanley and William D. Danko and Rich Dad, Poor Dad by Robert T. Kiyosaki   "I still have a ton that...2019-10-1837 min

Breakaway Wealth PodcastJim Oliver: Equipment Financing Part 2In this episode, Jim Oliver and Nick Kosko discuss: The use and effectiveness of controlling the banking function in your life Financing more and more equipment to increase your wealth It’s a process, not a product The level of choices expands, break away from the herd   Key Takeaways: Imagination is the most important thing, you must think and not let fear stop you Action cures fear Focus on the way you think and behave Recapturing the interest is a lucrative way to live your life and eliminate failure   "Our purpose is to educate you. To get you curious enough to want to g...2019-10-1129 min

Breakaway Wealth PodcastNick Kosko: Equipment FinancingIn this episode, Jim Oliver and Nick Kosko discuss: Premiums and multiple ways it can be paid Terry Nash’s logging business example Being your own banker "Retirement" distribution Key Takeaways: The premium is the solution, not the problem By financing equipment you're able to recapture interest you would have paid to the bank If the bank is in charge, then they can close the doors of your business The rate is a distraction   "This is about being your own banker and getting that interest to flow to you instead of away from...2019-10-0424 min

Breakaway Wealth PodcastJake Kosko: Do you know as much about money as a 4th Grader?In this episode, Jim Oliver and Jake Kosko discuss:  Learning about infinite banking and money The Creature from Jekyll Island lessons The Federal Reserve Books for kids to learn more about money management   Key Takeaways:  Put your money to work for you without you working too much Get out of the rat race and get into the fast track You have to use our money to make more money and put it in motion Money gives you choices and choices give you freedom   "I want to be able to put my money to work and have...2019-09-2020 min

Breakaway Wealth PodcastMoney Isn't The EndIn this episode, Jim Oliver and Warwick Fairfax discuss: How he managed an economic personal crisis with his family's business Crucible moments How money is not everything in life and can be corrupting Having a source of reference in living   Key Takeaways: Goal of your life and leadership should be significance, not success Just Money doesn’t' satisfy It's abundance in family, and leaving a legacy Start with how you are wired then go into your passions   "Money doesn't motivate you" — Warwick Fairfax   Connect with Jim Oliver:   2019-09-1342 min

Breakaway Wealth PodcastNelson Nash Series Part 6 - Success Stories in Infinite BankingIn this episode, Jim Oliver, Justin Craft, and Joe Pantozi discuss: Traits that student of IBC must have to succeed Examples of how new students utilized IBC to get the best return on their money Practicing what they preach and give examples of how they’ve used their personal systems   Key Takeaways: Always be learning about money and building wealth Be action oriented, practice using your system Be coachable and get a coach that is passionate and knowledgeable Be creative with how you use your system, the possibilities are endless   "The typical fi...2019-09-1034 min

Breakaway Wealth PodcastNelson Nash Series Part 5 - Common Mistakes New IBC Students MakeIn this episode, Jim Oliver, Justin Craft, and Joe Pantozi discuss: Frequently asked questions from clients about infinite banking Mistakes that students make when first starting out The impact Infinite Banking can have on your wealth building strategies   Key Takeaways: Look at what rich people are doing and model it, these strategies have been around 150+ years Once you are done with Becoming Your Own Banker, read Extreme Ownership by Jocko Willink and Leif Babin on how to apply leadership strategies to any business situation Teach your kids infinite banking principles because most people who turn...2019-09-1034 min

Breakaway Wealth PodcastNelson Nash Series Part 4 - Applying Nelson’s TeachingsIn this episode, Jim Oliver, Justin Craft, and Joe Pantozi discuss: Nelson’s impact on the industry and in the lives of his mentees Why many advisors don’t practice Nelson Nash’s teachings How Nelson’s brush with death caused him to dedicate his life to this work How the client’s thinking shifts once they understand infinite banking   Key Takeaways: Nelson taught that the way to increase your success with clients is to have their best interest in mind and not be concerned with what your commissions will be Government programs typically discriminate aga...2019-09-1023 min

Breakaway Wealth PodcastNelson Nash Series Part 3 - Nelson's ImpactIn this episode, Jim Oliver, Justin Craft, and Joe Pantozi discuss: How Nelson taught them his knowledge How Nelson challenged them to become mentors like Nelson was to them The impact of Nelson's stories Nelson's system of operations for when he passes   Key Takeaways: What growth entails, deconstructing what you've learned and relearning Government expanding their impact, infringing on the capacity of the businesses "A luxury once enjoyed becomes a necessity" Accumulation of books that were inspired by Nelson to purchase and the need to be an active reader of Nelson's books   "A luxury once...2019-09-1030 min

Breakaway Wealth PodcastNelson Nash Series Part 2 - Changing Your Thinking, Changing The ResultsIn this episode, Jim Oliver, Justin Craft, and Joe Pantozi discuss: Infinite banking method Bonus rule is rethink your thinking How to begin thinking like a business owner versus an investor The most overlooked/misunderstood part of the book   Key Takeaways: Hope is not a financial strategy Economics is the science of human behavior as it relates to the distribution of scarce resources Clients need to take control of the decision making process so they can arrive at a state of freedom Meet with clients wherever they are   "We have to think like busine...2019-09-1028 min

Breakaway Wealth PodcastNelson Nash Series Part 1 - A New Business PhilosophIn this episode, Jim Oliver, Justin Craft, and Joe Pantozi discuss: How one can change their thinking How understanding the problem leads to an easy solution Building a system of policies leads to higher confidence Nelson being a mentor and having the answers to any inquiries to new businesses   Key Takeaways: Building certainty for clients using the methods introduced by Nelson Turning business models in accordance with Nelson's method Change messaging to "changing thinking, changing lives" You can go looking for one thing and realize it is something completely different which can majorly impact your results ...2019-09-1029 min

Breakaway Wealth PodcastThe ProblemIn this episode, Jim Oliver and Nick Kosko discuss: How to be your own banker How much one should spend on a certain category with their finances Being fluent in the concept prior to understanding the minute details Understanding the nuances of rates and interest   Key Takeaways: The all American family has the ability to be their own banker After tax money should be spent on 20% on transportation 30% on housing 45% on standard living, finance them by paying cash for them If you don't save minimum of 10%, statistically will end up using government assistance The volume of inter...2019-09-0626 min

Breakaway Wealth PodcastStanding Out with Your InterviewIn this episode, Jim Oliver and Gary Schneeberger discuss: How to take what you do and find levers that will exceed and upset expectations How clients can take control over their interview Third party affirmations How to get your message out   Key Takeaways: The goal is to capture stories that go beyond what's expected and surprise people take people by surprise , arrest their attention, and exceed or upset their expectation. The journalist needs the client more than the client needs the journalist Go into interviews with key points that you want to bring up and make co...2019-08-3033 min

Breakaway Wealth PodcastNavigating Insurance PoliciesIn this episode, Jim Oliver and Nick Kosko discuss: Economic Value Added, adding value to capital Insurance companies and the science and logistics behind creating policies Insurance companies and calculating people's risk factors Banking function and how the relationship plays out   Key Takeaways: Finance everything that you buy, either pay interest to someone else or lose interest that you could've earned otherwise Insurance companies have more money on hand As we age, we become less efficient with our money. When we are younger, we are able to be more aggressive Insurance companies navigate what route they sho...2019-08-2332 min

Breakaway Wealth PodcastStarting from the Ground UpIn this episode, Jim Oliver and Tyler Chesser discuss: How Tyler gained insight into real estate without knowing anyone in the business How coaching has contributed to his success The unique strategies that set his business apart At the end of the day, you have to identify the outcome - start with the "why" and what exactly you are looking for   Key Takeaways: Tyler identified real estate as a venue that allowed him to take control One of the books that he read early on was Robert Kiyosaki's Rich Dad Poor Dad Identify limiting beliefs and...2019-08-1631 min

Breakaway Wealth PodcastThe Tactics of Insurance Companies: Might as Well DieIn this episode, Jim Oliver and Nick Kosko discuss: Average retirement age and mortality rates Modified Endowment Contracts Insurance's process of establishing minimum and maximum premium rates Term insurance   Key Takeaways: Insurance companies will increase to adhere to the likelihood of one's own survival Between minimum and maximum, there are infinite amount of premiums that the insurance companies can charge Government was encouraging people to put money into qualified plans, deferring or postponing tax calculations. Government determines the maximum premium rate through the deficit reduction act, technical and miscellaneous revenue act.   "You're still relinq...2019-08-0928 min

Breakaway Wealth PodcastNick Raithel: The 7-Hour BookIn this episode, Jim Oliver and Nick Raithel discuss: Writing books and creating wealth. Why writing a book can make you stand out from the crowd. Benefits of having your own book, including opportunities created from the book. The 7-hour book.   Key Takeaways: A book can be a way to breakaway in your pursuit of wealth or in your business objective. Writing something that comes from your own background and keep it simple. You’re not trying to write Moby Dick or the masterpiece of your life. You’re trying to establish credibility and authority. Do the work on...2019-08-0226 min

Breakaway Wealth PodcastBack to the Basics: Becoming Your Own Banker Part 3In this episode, Jim Oliver and Nick Kosco discuss: Becoming Your Own Banker by R. Nelson Nash and how to apply its principles. Actuarial science basics and insurance company’s methods for assessing risk ratings. Why the financial risk of whole life insurance shifts from the policy owner to the insurance company. How to choose your primary needs; finances or death benefit protection. Key Takeaways: The unilateral contract with the insurance company can be changed at any time, but not by the insurance company, only the policy owner. Financial management behavior changes are often needed, as the...2019-06-2831 min

Breakaway Wealth PodcastAcquiring Businesses with Domenic RinaldiIn this episode, Jim Oliver and Domenic Rinaldi discuss: Market acquisition strategies and owner engagement of potential sellers. The new client interview process and how to identify a buyer's goals and interests. The flexible terms of SBA loans and the average rate of returns for small business transactions. Key Takeaways: SBA loans offer more flexible terms over conventional loans, including amortization schedule, down payment, and interest rates. It requires 100-300 targets to complete one to two transactions. Analyzing the target market for potential buyers may result in modifications to search criteria. "I wan...2019-06-2126 min

Breakaway Wealth PodcastCash Flow Through Collaborative Real Estate Investments with Hunter ThompsonIn this episode, Jim Oliver and Hunter Thompson discuss: Investing in real estate and what types of property are in demand even when the economy is down What institutional-grade property is and how you can invest in it The risks and rewards of passive versus active investments Key Takeaways: Diversify so that even when the economy is down your overall portfolio continues to create cash flow Passive investment vehicles offer low risk as long as you collaborate with the right partners Education should come first before starting to invest or diversifying your portfolio 2019-06-1433 min

Breakaway Wealth PodcastWealth Can’t Wait with David OsbornIn this episode, Jim Oliver and David Osborn discuss: The concept of two sides of the river and the risks of never crossing to the other side. The importance of working through others and hiring team members who want to make a difference and put in the effort. Negative thinking and the importance of goal setting and visualization. Key Takeaways: Positive thinking is powerful; the human brain is unable to distinguish the difference between negative and positive thoughts. The way to increase the joy of having money is to make a difference and give a lot...2019-06-0726 min

Breakaway Wealth PodcastKerry Lutz: Government InterventionIn this episode, Jim Oliver and Kerry Lutz discuss: Governmental intervention and the disasters that often occur. Government’s persuasion by environmentalists and the resulting devastation of the Northern California wildfires. How the youngest generation's lack of financial education is contributing to enslavement by banks and the government. Key Takeaways: Always live beneath your means as there will become a day where you can no longer earn your income. The government doesn’t have to follow it’s own rules or laws. They can change the rules midstream and if they do, regulations you were re...2019-05-1736 min

Breakaway Wealth PodcastGiuseppe Grammatico: The Franchise ConsultantIn this episode, Jim Oliver and Giuseppe Grammatico discuss: The “Why” behind beginning a business and its importance as a first step. The strategic advantages of purchasing a franchise rather then starting a business independently. Understanding the process of entering the franchise ownership market and finding the right fit. Key Takeaways: The basic financial investment for a franchise is $35k to $40k There are two types of individuals who have franchises. One type are individuals who have never owned a business, they have a job but are considering quitting or think they may be laid...2019-05-1035 min

Breakaway Wealth PodcastBack to Page 45 and Infinite Banking w/ Nick KoskoIn this episode, Jim Oliver and Nick Kosko discuss: The continued and ongoing relevance of Becoming Your Own Banker by R. Nelson Nash. Asking your own “compared to what” scenarios. The CD Sister versus the IBC Sister. The universality of Infinite Banking for everyone.   Key Takeaways: Everyone has money flowing through their hands- how are you going to use your imagination and make the money work for you? Infinite Banking is a process, not a product. The concept is simple, but simplicity is elusive. Do you want to be the customer or the owner?  ...2019-05-0328 min

Breakaway Wealth PodcastJim Oliver on Taking Control of the Flow of Our MoneyOur money is dying because it isn’t in motion, yet we’re constantly told to let it sit. Why are we told to park our money, when money is attracted to velocity? How does our money erode over time? Why is leverage and velocity so important to wealth building? On this episode, you’ll learn how we’re going to educate people to get empowered about their money while sharing the value of understanding how money and wealth really work. Money is a participatory sport, and you have to be involved. You can’t let someone else run w...2018-10-0921 min