Round Table | Dual Executive Reward Plan: Use Infinite Banking to Attract & Keep Top Talent
The Wealth Without Wall Street Podcast
Attracting and Retaining Talent: A Business Owner's Guide
This chapter discusses effective recruitment and retention strategies for business owners, highlighting the shortcomings of traditional methods. The conversation underscores the importance of adapting to new approaches to ensure financial control and long-term sustainability.
What’s the true cost of employee turnover, and how can business owners reduce it? In today's conversation, the financial coaches dive into employee retention strategies, focusing on how A-players drive business success. They reveal how traditional methods like 401(k)s often fall short in keeping top talent engaged, and introduce the dual executive reward plan as a game-changing tool for fostering loyalty and growth.
By using the dual executive reward plan, business owners can create a system that rewards top employees and helps secure long-term retention without relying on expensive traditional retirement plans. They discuss how this strategy aligns with infinite banking to create more sustainable cash flow while ensuring that your best talent remains committed to your business.
If you're ready to learn more about employee retention and growth strategies, this conversation will give you the answer.
Top three things you will learn:
-The true cost of employee turnover
-Attracting and retaining A-Players
-The power of dual executive reward plans
Disclaimer: The opinions expressed on this podcast are solely those of the hosts and guests and do not constitute financial advice. Always consult a licensed professional for financial decisions.
This episode is sponsored by a podcast show partner. We may receive compensation if you use links or services mentioned in this episode.
The hosts may have a financial interest in the programs or services mentioned in this episode.
DM TEAM on Instagram to get an ebook:
-https://instagram.com/wealthwithoutwallst/
Master Passive Income Podcast:
-https://masterpassiveincome.com/podcast
Book Your Free Passive Income Game Plan Session:
-https://wealthwithoutwallstreet.com/freecall
Want to raise millionaire kids? Watch how Sharran Srivatsaa — former Goldman Sachs banker turned entrepreneur and investor — is building a generational wealth system with his kids, step-by-step.
-https://go.wealthwithoutwallstreet.com/millionaire-kids
Turn Active Income Into Passive Income:
-https://wealthwithoutwallstreet.com/pios
Know Your Investor DNA:
-https://wealthwithoutwallstreet.com/investordna
Create a Six-Figure Side Hustle in Peer-to-Peer Car-Sharing:
-https://wealthwithoutwallstreet.com/cars
Wealth Without Wall Street New Book:
-https://wealthwithoutwallstreet.com/newbook
IBC Webinar:
-https://wealthwithoutwallstreet.com/ibc
Join Our Next Inner Circle Live Event:
-https://www.wealthwithoutwallstreet.com/live
-Promo Code: PODCAST
Find Out How Close You Are to Financial Freedom:
-https://wealthwithoutwallstreet.com/quiz
Join the Wealth Without Wall Street Community:
-https://wealthwithoutwallstreet.com/community
Discover Your Path to Financial Freedom:
-https://wealthwithoutwallstreet.com/path
Join the Passive Income MasterMind:
-https://wealthwithoutwallstreet.com/wwws-passive-income-mastermind
Join Our Short-Term Rental (STR) Course:
-https://go.wealthwithoutwallstreet.com/strcourse
The Land Geek:
How to Buy Online Businesses for Profit:
-https://wealthwithoutwallstreet.com/freedomnavigator
Invest With Your Friends and Family:
-https://tribevest.com/partners/wwws
The Infinite Banking Concept Explained by a CFP:
-https://youtube.com/watch?v=sVuexMv6Kf4
Becoming Your Own Banker by Nelson Nash:
-https://infinitebanking.org/what-is-infinite-banking/becoming-your-own-banker/
Financial Literacy App for Kids:
Here is the List of "40 Books We Recommend" on our Amazon Store: https://amzn.to/49UyD1d
---
Want to go even deeper into the conversation? Join our IBC Inner Circle Group membership and gain access to our live podcast recordings, interactive Hot Seat guests on the topics, and exclusive Q&A sessions with other members and our coaches.
-Join here: https://wealthwithoutwallstreet.com/inner-circle
—
The AI-powered Podcast Player
