Episode 56: The Case for IBC: Chapter 7, “Putting IBC Into Action”

The Lara-Murphy Report

Carlos and Bob finish their series, summarizing some of the material in Chapter 7 of their new book (co-authored with Nelson Nash). In this episode, they address a hypothetical business owner who loves IBC but thinks he doesn't have the cashflow to make it work. By cleverly using an already existing payment, the business owner can effectively build up the infrastructure of a large IBC policy while waiting for the future, irregular burst of revenue to come in. (NOTE that the point of this demonstration is merely to illustrate the power of IBC. The illustration in Table 4 of the book is intended to prove a point, not to serve as a model for business owners.)Mentioned in this episode: The Case For IBC IBC Seminar for the General Public in Chicago, May 19, 2018. Details here.The sound engineer for this episode was Chris Williams. Learn more about his work at ChrisWilliamsAudio.com.