Bryce Henson · The Profit Lifestyle for Fitness Entrepreneurs · Episode 238: Turn Adversity Into Advantage with Bryce Henson, Fit Body Boot Camp CEO
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funneled excess cash into a private bank (infinite banking) and invested in assets to generate future cash flow
“Sell the investment, transferred the funds to your bank account, drove to the bank, withdrew the actual cash itself, and then spent the cash with real dollars”
“We could do discounts and generate cash from our inventory… we pivoted to leverage the assets we had, which were inventory to generate cash.”
“Buy investment grade assets... Use leverage wisely... Hold for the long-term... Invest in the right structures... Manage your cash flow.”
“Introduction of a new China central bank-type tool requiring banks to set aside cash with the Reserve Bank of India for some foreign exchange transactions”
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