Richard CanfieldPodcast Host and IBC Advisor, Ascendant Financial · Authorized Infinite Banking Practitioner | Author of 4 Books

The IBC Profit-First Model

30 May 2025 · 1 min

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Short excerpt from a YouTube video by Richard Canfield titled "The IBC Profit-First Model." The speaker discusses choosing to place a policy under a corporation (rather than personally) to leverage corporate structuring. They describe using that policy in conjunction with a profit-first model to structure income and allocate percentages to operating costs, owner's compensation, and taxes.

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Now we have the interplay of the personal and the corporate policies. And I know when we first discussed this, when we were getting Christina's policy, I was, okay, well, do we put it under her personally, or what are the benefits and the things that are limitations of putting in the corporation? And ultimately, we decided that it makes good sense to do that in the corporation. Now we're using that policy in a completely different way than the one that I have personally. So we're using it to kind of piggyback off that whole profit first model. Just a way of sort of structuring your income and sort of delineating the percentages of where you want to put it in terms of, like, operating costs, owner's compensation, taxes.