My guest in this episode is Kim Butler. As founder of Partners for Prosperity, LLC, Kim Butler has shunned common financial products such as stocks, bonds, savings accounts and CDs in favour of alternative investments, private lending, and creative life insurance strategies outside of the typical financial planning “box.”
It’s all part of the Prosperity Economics Movement, a non-profit organization co-founded by Butler along with her husband, Todd Langford (a financial software developer who is always checking the math) which is spreading its “Wealth without Wall Street” mission to clients and other advisors alike.
“People are looking for alternatives to a financial industry that they feel no longer serves them,” says Kim. “For decades, investment representatives have been financially rewarded for convincing clients to keep their money at risk. We’re programmed to tolerate volatility and believe that risk and reward are inseparable. We’ve limited our investment options, and we’ve forgotten rule #1: Never lose money!”
Since bucking the system, Kim has been helping clients put formerly “lazy assets” to work, creating reliable cash flow and/or steady growth regardless of the mood of the market or current interest rates.
Does it work?” you wonder. Actually, it always has.
While colleagues and clients have enthusiastically endorsed Kim’s methods on LinkedIn, in Amazon.com book reviews, and in a 2017 California Business Journal article, Butler is quick to point out that the principles and strategies she recommends were used by the wealthy before the financial planning industry—which largely equates “investments” with “the stock market”—even existed.
770: Mike Fallat: How To Multiply Your Business With The Million Dollar Book
My guest in this episode is Mike Fallat. Mike is the author of many business-related books. He has a goal of helping 1,000 entrepreneurs publish books and teaching them how to use their books as a gateway to generating 7-figures. His company, Dreamstarters Publishing, offers ghostwriting, cover design, automated funnels, and book fulfillment. They have…
769: Steven Bowles: Advanced Family Office Strategies
My guest in this episode is Steven Bowles. Steven founded Catalyst Advisory to take the experience he gained by working in a family office advisory firm and apply the best practices learned there to other families under an independent umbrella. Catalyst works with the best insurance professionals, wealth management firms, and trusted advisors to solve…
768: Dave Zook: Real Asset Cashflow Strategies
My guest in this episode is Dave Zook. Dave is a successful business owner and an experienced real estate investor active in Multi-Family Apartments, Self-storage, and ATM space. Dave has acquired more than $100 million worth of real estate since 2010. At the time of this writing, he and his investors own approximately 3000 Multi-family…
Leave a Comment