Why Control is More Valuable than Rate of Return

Magnify Wealth Podcast with Scott Gannon

Magnify Wealth Podcast with Scott Gannon

22:42

We are here recording live at Medallia Experience at the Wynn in Las Vegas, and have been seeing and hearing some amazing things about how AI can enhance the customer experience as well as enable teams at organizations to create more meaningful connections with customers. Today we’re going to talk about how AI can help to create better experiences for customers before, during, and after their interactions. To help me discuss this topic, I’d like to welcome Fabrice Martin, Chief Product Officer at Medallia. RESOURCES Medallia: https://www.medallia.com Catch the future of e-commerce at eTail Boston, August 11-14, 2025. Register now: https://bit.ly/etailboston and use code PARTNER20 for 20% off for retailers and brands Don't Miss MAICON 2025, October 14-16 in Cleveland - the event bringing together the brights minds and leading voices in AI. Use Code AGILE150 for $150 off registration. Go here to register: https://bit.ly/agile150 Connect with Greg on LinkedIn: https://www.linkedin.com/in/gregkihlstrom Don't miss a thing: get the latest episodes, sign up for our newsletter and more: https://www.theagilebrand.show Check out The Agile Brand Guide website with articles, insights, and Martechipedia, the wiki for marketing technology: https://www.agilebrandguide.com The Agile Brand podcast is brought to you by TEKsystems. Learn more here: https://www.teksystems.com/versionnextnow The Agile Brand is produced by Missing Link—a Latina-owned strategy-driven, creatively fueled production co-op. From ideation to creation, they craft human connections through intelligent, engaging and informative content. https://www.missinglink.company…

hace un año 16:46

MP3•Episodio en casa

Scott and Cameron talk through the importance of control and rate of return in your financial life.
They emphasize the significance of retaining control over your money as often as possible. Ensuring your capital is ready to be used whenever an opportunity or emergency arises takes precedence over chasing a slightly higher number.
Magnify Wealth always focuses on building your financial foundation. Financial education, savings and maintaining control come first and foremost.

27 episodios

#Business #Scott Gannon

Why Control is More Valuable than Rate of Return

Magnify Wealth Podcast with Scott Gannon

published hace un año

MP3•Episodio en casa

27 episodios

#Business #Scott Gannon

Todos los episodios

Magnify Wealth Podcast with Scott Gannon

1
How Wealthy Canadians and Savvy Business Owners Use Debt And Taxes Efficiently 13:57

hace 14 weeks13:57

13:57

In this episode of the Magnify Wealth podcast, Cameron and Scott Gannon explore how leveraging debt and taxes can be powerful tools for wealth building when used strategically. They challenge the common negative perceptions of debt and taxes, showing how the wealthy use these financial elements to their advantage. The episode delves into the concept of infinite banking, a strategy that uses high cash-value life insurance policies to create a personal banking system. This system enables individuals to cease tax-free cash value, grow assets consistently, and make investments that generate cash flow, all while minimizing taxes. Cameron and Scott Gannon emphasize that infinite banking is not a quick fix but a long-term wealth strategy designed for sustained growth. They explain how this approach differs from traditional Canadian financial advice, such as saving in RRSPs or paying off a mortgage, which often focuses on deferring taxes and sacrificing lifestyle. By using infinite banking, individuals can continue to grow their wealth, enjoy financial flexibility, and reduce reliance on conventional financial systems. The episode stresses the importance of working with an authorized practitioner to tailor the strategy to each person's unique goals and financial situation.…

Magnify Wealth Podcast with Scott Gannon

1
High Risk, High Return: Myth Debunked For Canadians! 9:38

hace 15 weeks9:38

9:38

In this episode of the Magnify Wealth Podcast , Cameron and Scott debunk the widespread belief that high returns require high risk, a misconception often perpetuated by the financial industry. They explore how traditional approaches like risk tolerance questionnaires encourage speculative investing while leaving individuals without true control over their financial outcomes. Through an engaging analogy and real-world examples, they highlight the pitfalls of gambling with your financial future and reveal why the wealthy prioritize certainty and control over risk. The episode offers practical strategies for achieving stable, high returns without unnecessary risk, including leveraging real estate, business investments, and Infinite Banking through whole life insurance policies. With a focus on knowledge, control, and self-financing, Cameron and Scott provide a roadmap for building wealth safely and sustainably. Listeners will walk away with actionable insights and a new mindset to take charge of their financial journey.…

Magnify Wealth Podcast with Scott Gannon

1
Income Control for Canadian Business Owners Save Thousands in Taxes 14:31

hace 17 weeks14:31

14:31

In this episode, Cameron and Scott dive into the critical topic of income planning for incorporated professionals—a cornerstone of financial success for business owners, consultants, and professionals. They discuss what income planning is, why it’s vital for achieving tax efficiency, and the common mistakes that can cost you in the long run, such as overpaying taxes, poor cash flow management, or failing to retain earnings. Cameron and Scott also explore how tools like Infinite Banking—leveraged through specially designed life insurance policies—can provide guaranteed growth, tax advantages, and liquidity for both personal and corporate needs. By leaving profits in your company and minimizing personal income, you can create a financial strategy that protects your wealth while allowing for long-term investments, including real estate and other growth opportunities. With practical tips, clear examples, and a roadmap for aligning your personal and corporate goals, this episode gives you the knowledge to optimize your income planning strategy and build recession-proof wealth. Tune in to discover how thoughtful planning and innovative tools can help you maximize your financial potential and achieve lasting security!…

Magnify Wealth Podcast with Scott Gannon

1
The Hidden Power of Life Insurance to Multiply Wealth in Recessions 12:27

hace 18 weeks12:27

12:27

Cameron and Scott dive into a topic that's always relevant but especially crucial during economic downturns: life insurance as a recession-proof asset. They explore the mechanics behind high-cash-value, dividend-paying whole life insurance policies, explaining how they provide guaranteed growth, tax advantages, and liquidity—key factors for financial stability in uncertain times. You'll learn why these policies are uniquely positioned to offer both protection and opportunity, even during economic recessions. Discover how their predictable performance, unstructured loan provisions, and long-term growth potential make them a "defensive asset" that complements your offensive investments. Whether you’re safeguarding your family or leveraging opportunities during market volatility, this episode will equip you with valuable insights. Tune in and find out why life insurance might just be the cornerstone of your financial strategy.…

Magnify Wealth Podcast with Scott Gannon

1
The Secret to Wealth that Magnifies Over Time (Uninterrupted Compounding) 16:16

hace 19 weeks16:16

16:16

In this episode, Cameron and Scott dive deep into the power of uninterrupted compounding —the secret sauce to exponential financial growth. They discuss what compounding is, why keeping it uninterrupted is essential, and the dangers that can derail your wealth-building journey, such as market volatility, taxable events, and poor savings discipline. Scott and Cameron also explore how tools like Infinite Banking can create guaranteed, uninterrupted growth through specially designed life insurance policies, helping you multiply wealth without setbacks. With practical tips, real-world examples, and strategies to maintain discipline, this episode equips you to harness the full potential of compounding in your financial life. Tune in to discover why starting early and staying the course could be your ticket to long-term financial success.…

Magnify Wealth Podcast with Scott Gannon

1
SECRETS to MAGNIFY Your Wealth Like Billionaires 15:09

hace 20 weeks15:09

15:09

This week's episode uncovers how billionaires and savvy real estate investors unlock tax-free cash flow using strategies available to everyone. We’ll dive into the concept of tax-efficient borrowing , exploring methods like leveraging high cash value life insurance, real estate equity, and other assets to create liquidity without triggering taxable events. Discover how these strategies not only provide access to capital but also preserve asset growth, offering a stable and low-risk approach for all investors—not just the ultra-wealthy. Don’t miss this practical discussion on how you can implement these tools in your financial journey! Be sure to like, share, and subscribe to stay updated and take control of your financial future!…

Magnify Wealth Podcast with Scott Gannon

1
Expanding Wealth in 2025 - What You NEED to Know! 11:27

hace 21 weeks11:27

11:27

In a part three, Cameron and Scott continue their conversation about building a strong financial foundation. This time, they dive deeper into the concept of expansion—how a solid financial base can position you to seize lucrative opportunities when they arise. They discuss why it's essential to focus on savings first, flipping the traditional strategy of spending first and saving what's left. By prioritizing savings, you can prepare for rare financial events, like Black Swan events, that create unique opportunities for substantial gains. They emphasize the importance of having accessible and ready capital, exploring various savings strategies, and highlighting the benefits of high cash value life insurance as a tool for growth and protection. Tune in to learn why being prepared today can set you up for future financial success when the next big opportunity comes knocking!…

Magnify Wealth Podcast with Scott Gannon

1
Essential Tools Every Business Owner Needs for Wealth Protection 14:17

hace 22 weeks14:17

14:17

Cameron and Scott take a deep dive into the essential elements of building a strong financial foundation. Building on a previous discussion about income and asset protection, they explore how cash value life insurance plays a crucial role in securing long-term financial stability. The duo breaks down the key areas of protection, including income, health, property, business, and estate planning, highlighting the importance of comprehensive insurance strategies to mitigate risks and safeguard your financial future. Tune in to learn why cash value life insurance can be a powerful tool for both emergency protection and wealth growth.…

Magnify Wealth Podcast with Scott Gannon

1
Why Prices Keep Rising in 2024: Magnify Your Knowledge on Inflation 16:50

hace 23 weeks16:50

16:50

Join Cameron and Scott as they dive into a topic that impacts every dollar you spend: inflation. In this episode, Cameron and Scott explain what inflation really is—beyond rising prices—and uncover the forces that drive it, from demand-pull inflation to government monetary policy. They explore how inflation silently erodes your purchasing power and discuss smart strategies to combat it. Learn how investing in real assets like real estate, leveraging good debt, and using the Infinite Banking Concept with whole life insurance can help protect and grow your wealth despite inflationary pressures. Whether you're trying to safeguard your savings or explore investments that withstand inflation, this episode equips you with practical financial tools for an inflation-proof future.…

Magnify Wealth Podcast with Scott Gannon

1
What Is Infinite Banking? Unlock Hidden Financial Flexibility! 12:11

hace 24 weeks12:11

12:11

Cameron and Scott dive into the transformative world of Infinite Banking. Start with an easy-to-understand breakdown of this concept, popularized by Nelson Nash in Becoming Your Own Banker , which empowers individuals to function as their own banker. In this episode, they discuss how Infinite Banking can give you complete control over your finances, offering unmatched flexibility in premium payments, access to cash, loan repayment, and investment choices. Learn how Infinite Banking enables you to self-finance major purchases, investments, or business opportunities, all while building tax-free wealth. Join us as we unpack the flexibility and freedom that Infinite Banking offers, and explore how this financial strategy can be a powerful tool in achieving both short- and long-term financial goals.…

Magnify Wealth Podcast with Scott Gannon

1
TFSA VS Whole Life Insurance 14:16

hace 25 weeks14:16

14:16

This week, Cameron and Scott dive deep into a key financial topic for Canadians—choosing between a TFSA (Tax-Free Savings Account) and Whole Life Insurance. Both financial vehicles offer tax-free growth, but which one is best for your wealth-building strategy? Break down the differences and similarities between these two options, exploring their unique benefits. From maximizing your cash flow and leveraging policy loans with whole life insurance, to understanding the flexibility and growth potential of a TFSA, this episode is packed with practical insights to help you make informed decisions. Whether you're looking to invest for the long term or seeking the right mix of liquidity and security, tune in to learn how each option fits into your financial plan!…

Magnify Wealth Podcast with Scott Gannon

1
What Is Family Banking? | How To Build Generational Wealth Using The Rockerfeller Strategy 11:36

hace 26 weeks11:36

11:36

Cameron and Scott dive deep into the concept of "Family Banking" and its role in creating lasting generational wealth. They explain how families, regardless of size or income, can use financial tools like the infinite banking concept to establish a "family bank" that helps fund opportunities, build wealth, and sustain a legacy for generations. Drawing inspiration from wealthy families like the Rockefellers, they break down how life insurance policies and strategic planning within a family unit can create a perpetual store of capital. Tune in to learn how this advanced wealth-building strategy can bring your family closer, provide financial education, and ensure your legacy continues.…

Magnify Wealth Podcast with Scott Gannon

1
Policy Loans Explained! | How They Work and What You Need to Know 11:19

hace 27 weeks11:19

11:19

Cameron and Scott discuss how policy loans, particularly in the context of life insurance policies with cash value, can enhance financial strategies. The main concept they explain is that with these policies, you can borrow against your cash value (rather than from it) and still allow the original amount to grow tax-free. Key highlights include: Double-Dip Effect : By borrowing against your cash value, your funds continue to grow within the insurance policy while you use the borrowed money to invest in other income-generating assets. Flexibility : These loans offer flexible repayment terms, no credit checks, and no application process. Leverage : The discussion emphasizes how policy loans allow you to expand both current and future cash flows Risks : If interest on the loan compounds beyond the policy’s cash value, it could cause the policy to lapse.…

Magnify Wealth Podcast with Scott Gannon

1
HSA Explained: Health Spending Accounts Benefits 13:31

hace 28 weeks13:31

13:31

Cameron and Scott dive into an important tax strategy tailored for business owners: Health Spending Accounts (HSAs). This easy-to-implement, tax-free benefit can be a game-changer for both employers and employees when it comes to covering health-related expenses. Cameron and Scott break down how HSAs work, their tax advantages, and how business owners can use corporate dollars to cover personal and employee health expenses—without upfront costs. They also share insights on maximizing this benefit for recruiting and retention, all while giving a real-life example of the impact HSAs had on Scott’s personal experience.…

Magnify Wealth Podcast with Scott Gannon

1
RRSP's Explained: Registered Retirement Savings Plan (2024) 12:07

hace 29 weeks12:07