Jason and Kyle talk about how long premium should be paid. Top discussion points: -Why would you want to reduce premium after a few years? -The goal should be to go through underwriting as few times as possible. -Make sure your agent has your best interest in mind. -Direct vs non-direct recognition really doesn't matter. -Don't major in the minors!
Jason and Kyle talk about the importance of continuing to educate yourself about the IBC. Top points discussed: -IBC is such a paradigm change that we need to continue educating ourselves about it. -Question and research everything you hear.
Jason and Kyle discuss setting financial expectations. Top discussion points: -Vet everyone to the same degree. -Do your own research with an open mind.
Jason and Kyle discuss why understanding your context is important. Top discussion points: -Define your objectives when working with an agent. -Becoming Your Own Banker must be read before starting a policy. -We need to put less focus on the illustrations.
Jason and Kyle talk about goal setting and making the hard changes. Top discussion points: -It's easy to recognize the need for change but execution of those changes is necessary. -Let others know what you want or are pursuing so they can help you. -Try to make every transaction a win-win.
Jason and Kyle discuss the idea of putting a dollar into a policy and receiving multiple dollars back. Top discussion points: -How do these policies grow? -Uninterrupted compound interest is key.