What Would the Rockefellers Do? (Interview with Michael Isom)
Achieve Your Goals with Hal Elrod
Hal Elrod
4.8 • 1.5K Ratings
🗓️ 30 December 2016
⏱️ 42 minutes
🧾️ Download transcript
Summary
Today's episode is an interview with our guest, author, entrepreneur, educator, speaker, wealth strategist and the owner of Optic Financial and the creator of the 20/20 Personal Banking System, Michael Isom.
Michael started selling mobile phones while still going to college in 1993. With his natural ability he was earning over S200, 000 a year at the age of 22! In his career he acquired considerable expertise in 401 Case, Term and Permanent Life Insurance, Mutual Funds, Macro Economics and real estate and many others!
Want to know how the wealthy get and stay wealth? In this episode, you'll discover:
- Your #1 asset for generating income…
- Your #1 investment for the greatest ROI…
- Your #1 strategy for building lasting wealth.
[01:14] Guest Intro
[03:40] Michael's First Goal
[06:03] What Michael was Earning Prior to the $200,000 per year
[07:08] The Most Significant Adversity You Have to Overcome in Your Journey
[14:34] What Will the Rockefellars Do? How to Get and Stay Wealthy
[15:31] Banks Agenda to Consumers
[18:33] Principles to Follow with Money and Finance
[25:17] What Do You Do with the Cash you Earned?
[27:20] Where to Store Your Cash?
[27:45] About Cash Flow Insurance
[29:25] Why Cash Flow is a Strategy?
[33:31] Takeaway
[35:08] Words of Advice
[36:37] Pleasant Surprise Giveaway!
[38:50] Recap on Michael's Big Lessons
For a limited time you can get a free copy of What Would the Rockefellers Do? Exclusively for our Achieve Your Goals listeners!
TRANSCRIPTS
Download the Transcript for Episode #151 (PDF)
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Transcript
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| 0:00.0 | Welcome to the |
| 0:05.0 | the Achieve Your Goals Podcast. You're listening to the podcast |
| 0:07.6 | guarantee to take your life to the next level |
| 0:10.1 | faster than you ever thought possible. In each episode you'll learn from someone who has achieved extraordinary goals that most haven't. |
| 0:17.0 | He's the author of the number one best-selling book, The Miracle Morning, |
| 0:20.0 | a Hall of Fame business achiever, international keynote speaker, |
| 0:24.4 | ultra marathon runner, and the founder of Best Year Ever coaching. Here is |
| 0:29.3 | Hell Elrod. All right, goal achievers, hey it's HalElrod. All right, Goal Achievers. |
| 0:33.4 | Hey, it's Hal-Elrod. |
| 0:34.8 | Here we are again for another episode of the Achievous Goals podcast. |
| 0:39.8 | And today is an interview. |
| 0:41.8 | It is an interview with an author and not just any author but an author who I'm actually right now on page 97 of this book and I've been reading it very slowly because it is it's so rich with with |
| 0:56.4 | content and strategy my plan was to be done with it by today's interview and not for a lack of trying but I just keep reading and |
| 1:04.7 | re-reading and underlining and highlighting and that's usually a good sign. So I'm |
| 1:09.9 | excited for the interview today and I'm going to give you a formal intro of of our |
| 1:15.1 | guest Michael Isham he is the author entrepreneur educator speaker wealth |
| 1:20.8 | strategists consultant and the owner of Optic Financial, and he's the |
| 1:25.7 | creator of the 2020 personal banking system. |
| 1:29.6 | And Michael began selling mobile phones while still going to college in 1993 and thanks to his |
| 1:35.2 | natural ability and sales he was earning over $250,000 a year at the age of 22. |
| 1:44.0 | In the course of his long career Michael has acquired considerable expertise in 401k's term and permanent life insurance, |
| 1:51.0 | IRAs, stocks, bonds, mutual funds, macroeconomics, business succession |
... |
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