Phil Thompson

Phil Thompson, founder of Skye Wealth and an expert in personal insurance advice, shares his journey from buying a failing financial advice business at 24 to leading a thriving insurance-only firm generating over $4.3 million annually. He discusses the struggles of flatlining for six years, the pivot to specialization, and the critical role of automation in scaling the business. Phil emphasizes the importance of culture, servant leadership, and a strong team dynamic, all while setting ambitious goals for the future.

Phil Thompson, a financial adviser from Skye Wealth, dives deep into life insurance, tackling the intricacies of pricing. He outlines the various factors affecting premiums, such as age, health, and occupation. Through practical examples, Phil shares insights on life, TPD, trauma, and income protection quotes. He emphasizes the importance of tailoring coverage to individual needs and demystifies why Australian policies are comparatively generous. Listeners learn how tax and super can effectively reduce out-of-pocket costs.

Phil Thompson, a financial adviser and founder of Skye Wealth, shares vital insights on life insurance. He explains why many Australians are under-insured and how to assess your coverage needs. Learn effective strategies to save on premiums and avoid common pitfalls in insurance decisions. Thompson highlights the unique challenges faced by Australians living abroad, emphasizing the importance of retaining an Australian policy and how mental health is increasingly considered in coverage options. Tune in for expert advice that could save your financial future!

Phil Thompson, CEO of Skye Wealth and insurance expert, breaks down the confusing world of insurance in an engaging way. He reveals which insurances are money traps, like pet and funeral insurance, and discusses the importance of income protection. Phil emphasizes the emotional and financial significance of life insurance and shares tips on how to secure affordable insurance advice. With insights on Australia’s underinsurance crisis and the 'Ferrari rule,' listeners are equipped to make smarter financial choices without the usual jargon.

Glen James, President of the Money, Money, Money podcast family and co-author of 'Sort Your Career Out & Make More Money', teams up with Phil Thompson, CEO of Sky Wealth. They tackle imposter syndrome, discussing how it affects identity and team dynamics. The duo delves into the impact of AI on jobs, emphasizing the importance of self-reflection over self-doubt. Their candid chat highlights the value of vulnerability in leadership and turning challenges into opportunities in entrepreneurship, all while maintaining a light-hearted banter.