Real Wealth Solutions® Now Teaching Business Owners to Build “Personal Banks”

The most successful business owners of history have relied on “Personal Banks.” Real Wealth Solutions® is now teaching this old strategy, helping owners thrive in the middle of a pandemic.

New York, United States - August 5, 2020 /PressCable/ —

Real Wealth Solutions®’s latest campaign is all about teaching business owners how to build their “Personal Bank,” that is, their source of accessible funds to start, rescue, or grow their businesses. It’s an old business trick that owners need to rediscover.

For more information, please visit: http://www.realwealthsolutions.com

“The idea of building and using Personal Banks is over 100 years old,” says Kevin J. Donaldson, founder and CEO of Real Wealth Solutions. “The strategy has been used by people like J.C. Penney, who used it to survive the Great Depression, and Walt Disney, who used it to build Disneyland when all the banks wouldn’t lend to him. Now, ordinary business owners can do it, too.”

The Secret: Insurance Assets

Donaldson says that successful business owners like J.C. Penney and Walt Disney have a lot of a particular asset that most business owners today don’t have. And that asset happens to be insurance.

“Not many people know this, but they can take policy loans against the cash value of their insurance plans,” Donaldson says. “This is especially true with types like Whole Life Insurance and Indexed Universal Life. Our goal is to create bespoke Personal Banks for business owners, tailored to their unique needs, budgets, goals, and challenges.”

Donaldson also says Personal Banking solves all the pain points that business owners have; maximizing revenue, minimizing costs, retaining key employees, getting enough insurance, and securing a comfortable retirement. “It’s not the most glamorous asset, but it’s the one that’ll save you.”

Pandemic-Proof

It may not seem like the time to build your insurance portfolio in the middle of a pandemic. And yet that’s what business owners should be doing, according to Donaldson

“We’re partnered with some of the most conservative insurance companies in the world,” Donaldson says. “Historically, they’ve kept compounding their assets and paying out even through the worst economic recessions. For this reason, business owners should consider building their Personal Banks now, if they haven’t started already.”

Contact Info:
Name: Kevin J Donaldson
Email: Send Email
Organization: Real Wealth Solutions®
Address: 77 Water St 8th Fl, New York, New York 10005, United States
Phone: +1-212-634-9652
Website: http://RealWealthSolutions.com

Source: PressCable

Release ID: 88971406