61. Life Without The Bank with Mary Jo Irmen

Mary Jo Irmen is the author of the book Farming Without the Bank and a Farm Finance Strategist. She is changing how the farming industry is financed and helps farmers see that there are financial solutions for them and the next generations. Mary Jo's mission is to take a 100-year-old financial process and turn it around by making the bank plan B rather than plan A, give farmers their financial control back, and allowing the next generation to take over without having to buy the farm from the bank again.

Get your copy of Life Without The Bank: https://wealthwithoutbaystreet.com/life-without-the-bank

IN THIS EPISODE, YOU WILL LEARN:

0:00 Introduction

1:30 Why business owners are frustrated with banking system finance

5:29 What inspired Mary to write Life Without The Bank

12:02 The lack of control when contributing to retirement saving plans

16:58 The key message of Life Without The Bank

21:22 Key man insurance for when a business partner dies