Infinite banking- the how, what, and why (that gets your firm producing generational wealth)
Most law firm owners strive to build successful practices —
but how many are actually thinking about creating generational wealth and a lasting legacy?
In this eye-opening episode of Profit with Law, entrepreneur, investor, and bestselling author M.C. Laubscher joins us to reveal why the traditional financial advice most lawyers follow doesn’t work for business owners like you.
He unpacks powerful wealth-building strategies used by ultra-successful families — including the idea of becoming your own banker through the Infinite Banking strategy.
Are you tired of feeling like all your extra cash gets sucked into your business with little left over for the future?
M.C. shares how you can:
If you want to grow profits without chasing more clients, gain tax advantages, and build lasting wealth for your law firm, this episode is packed with actionable insights you won’t want to miss.
Tune in now to discover the secret wealth strategy law firm owners haven’t heard of (yet).
[00:00] Serial investor and entrepreneur: M.C. Laubscher
[03:44] M.C.’s journey from newbie to money maker
[12:40] Infinite banking: what is it and do I need cash to do it?
[16:51] The 4 seasons in business- a yearly cycle
[19:35] Pre-cash flow vs post: challenges for law firm owners and when to invest
[24:45] Infinite banking defined
[26:05] Life insurance’s part in infinite banking- it’s not always a scam
[32:45] The minimum cash flow needed to start (and the fear of commitment)
[40:08] How the Rockefeller strategy generates generational wealth
[43:21] How to generate 8x return
[45:56] Connect with M.C. Laubscher
Book your FREE strategy session today!: profitwithlaw.com/strategysession
Take the Law Firm Growth Assessment and find out how you rate as a law firm owner!
Check out our Profit with Law YouTube channel!
Learn more about the Profit with Law Elite Coaching Program here
Rich Dad, Poor Dad by Robert Kiyosaki
Becoming Your Own Banker: Unlock the Infinite Banking Concept by R. Nelson Nash
Connect with M.C. Laubscher: Website
M.C. is a dynamic entrepreneur, investor, and best-selling author dedicated to empowering business owners through innovative wealth strategies. As the founder of Producers Wealth, he enhances financial well-being across the U.S., while his educational platform, Cashflow Ninja, has influenced over 7 million people globally. Renowned for his acclaimed podcasts and publications, M.C. shares valuable insights on financial independence and legacy building, earning recognition from Entrepreneur Magazine and membership in elite financial circles like the Forbes Finance Council.
Connect with M.C. Laubscher on his Website.
If you did, be sure to subscribe and share it with your friends!
Post a review and share it! If you enjoyed tuning in, then leave us a review. You can also share this with your friends and family so that they can gain more insights about starting and expanding their respective careers. Not getting enough sleep is bad for your business, so get your deep and dream sleep phases in!
Have any questions? You can contact me through Facebook and LinkedIn. To request a show topic, recommend a guest, or ask a question for the show, please send an email to [email protected].
For more episode updates, click subscribe in the upper right-hand corner. You may also tune in on Apple Podcasts and subscribe to our Youtube channel.