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Be Honest to Your Business and Your Private Bank
Kyle and Jason talk about why it is important to be honest in your business as well as be an honest banker.
- You should pay market price for products or services that you personally sell (don’t steal the peas!).
- Using your own money isn’t free.
- Pay yourself back at least at the market interest rate.
- If the policy outperforms the investment you are financing, look at terminating that investment.
- Having financial certainty is POWERFUL!