Mark Evans DM explains EBITDA, ESOPs, and Universal Life policies for experienced business owners. He contrasts high-level wealth strategies like parking money into life insurance with basic income goals like hitting $100k a year.
Listen, if you've been in the game for five years or less, none of these words matter to you, probably. But if you've been in this game for longer than five years, you should know what everything I just said. EBITDA is earnings before interest, tax, etc. ESOPS employees. That's where your employee can actually own your company. There's some cool things as a business owner that you might want to do that with. UAL policies. Universal Life these are policies to protect your future, your family, your growth, where you're going. Here's the thing is asking yourself questions. How do I park 300 grand a year into a UAL policy? Mark, I'm just trying to figure out how to make 100 grand a year. That's my point.
