The Power of Systems – Episode 084

Summary:

Welcome to the 84th episode of the Prosperity Podcast! Today, host Todd Strobel and best-selling author Kim Butler sit down to discuss the power of systems. Systems allow us to let our money work for us (to leverage our money) and to create cash flow, one of the main principles of prosperity. Taking advantage of systems doesn’t require us to work harder to make more money, just smarter. One of the biggest components of utilizing systems is creating habits that work towards our financial prosperity, not against it.

If you have any questions or comments, please reach out to us! We’ll be happy to do a podcast asking your questions and will get back to you on any comments or feedback you might have for us!

 

Show Notes:

00:00 Intro

00:19 The Power of Systems

01:41 Building Linear Income & Having Your Money Work for You

03:02 Systems in the Real Estate Environment

06:14 Pitfalls of Systems & Problems with IRA Real Estate

08:14 How You Can Get One Dollar to Do Lots of Jobs in Real Estate

10:07 How to Get One Dollar to Do Lots of Job with Life Insurance

14:59 Good Debt Vs. Bad Debt

17:00 Combining Life Insurance Leverage and Real Estate

19:12 The Importance of Doing Your Homework

21:09 Outro

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