Aug 15, 2023
Today, Wade is joined by Terry Hellenbrand, an exceptional guest with a unique journey from growing up in a family water conditioning business to becoming an innovative thinker and problem solver. Terry's unwavering curiosity led him to develop a groundbreaking solution for water treatment, defying conventions and proving that success often stems from questioning the norm. Tune in as we delve into Terry's inspiring story, exploring his passion for IBC and how he serves others through his distinct approach. This conversation showcases the power of challenging boundaries and forging your own path. Tune in today!
Episode Highlights
00:51 Terry's passion for Infinite Banking Concept
(IBC)
02:54 Terry shares how his family built a successful business
by continuously reinvesting their earnings back into the
company.
05:06 He shares the process of selling his share of the
company and plans to take some time off after exit.
07:46 Discussion about Terry's approach towards understanding
his customer's needs by asking questions and listening to their
issues.
09:11 Wade and Terry discuss future planning for financial
security in businesses.
11:26 Terry shares a story about his father borrowing money
from clients when banks wouldn't lend him money, emphasizing the
importance of trust and relationship in business.
18:49 Discussion on why decentralized lending and borrowing
can lead to better decisions as it's based on character rather than
fear and greed of banking institutions.
23:57 Terry talks about how having money saved in his whole
life policies allowed him to buy properties without needing a loan
from banks.
35:28 Terry asserts that he has no plans to stop assisting
clients in infinite banking, as he genuinely enjoys it.
37:10 Thinking outside the box for successful small business
operations.
Episode Resources
- Connect with Wade Borth
- https://www.sagewealthstrategy.com/
- wade@sagewealthstrategy.com
- Connect with Terry Hellenbrand
- terry@factumfinancial.com