025-How to Make Your Money Work For You As An Entrepreneur
☑️ Episode Show Notes:
If you've been making money in your business but watching it flow right back out, this episode will change how you think about every dollar coming into your business. Listen as Thomas Cox, a 7 figure entrepreneur and financial architect breaks down the wealth building strategy of infinite banking. He also shares why he doesn't put a dollar into a 401(k) why building margin has to come before any money strategy works. If you desire to build wealth and make an impact with the revenue your business generates this episode is for you.
In this episode, you'll hear:
How Thomas went from college football coach to owning a meal prep business, real estate portfolio, and lending network
What infinite banking is and how it lets you "use the same dollar twice," explained through Thomas's Walmart distribution center comparison
Why Thomas doesn't contribute a dollar to a 401(k) or IRA, and who a 401(k) actually makes sense for
Why margin has to exist before any money strategy works, and how the book Profit First shaped his approach
Thomas's goal to become a "six-figure giver" and how it keeps money from becoming an idol
☑️ Links Mentioned:
Thomas Cox - thomascox.co
If you want to generate more revenue in your online business, take the "What to Fix First" Quiz to find out what gaps to fill first.
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