Today’s business owners would be wise to consider funding their ventures with policy loans secured by their life insurance assets. Real Wealth Solutions® is currently demonstrating how to use this pandemic-proof strategy to business owners, as well as creating life insurance packages tailored to each unique business.
Real Wealth Solutions® is a mastermind group that assists ordinary people from all walks of life from all over America in achieving financial independence through the establishment of multiple sustainable businesses from the comfort of one’s own home. The primary goal of the group is to improve the quality of life for all of its members. We provide entrepreneurship training, business coaching, and home-based business opportunities to assist even the most inexperienced business owner in getting started.
Who Is Kevin J Donaldson
Kevin J. Donaldson is a bestselling author, entrepreneur, speaker, and business coach. He is the founder and CEO of Real Wealth Solutions®, a mastermind group that teaches ordinary people how to start sustainable, profitable small businesses from home, giving them more control, stability, wealth, and happiness in their lives.
Kevin, who was born in 1977 in Brooklyn, New York, describes his upbringing as “humble,” with his struggles with school, relationships, finances, health, and spirituality exacerbated by Crown Heights, the “bad neighborhood” in which he grew up during the 1980s. Despite this, Kevin has led an inspiring life and embarked on an incredible journey to achieve success in every aspect of his life. He is now determined to teach others how to overcome similar adversities.
Kevin has a unique perspective on life and death, as well as how he deals with sadness and loss. He describes the death of a loved one when he was young as a watershed moment in his life that changed his perspective on life.
After ten years of mourning, his practical side reminded him that he was not to blame and that he needed to keep moving forward. Kevin proposed an intriguing perspective on life and death: that they are continuations rather than endings because the spirit never dies. We all have a plan when we arrive on this planet, and once that plan is completed, we can ascend to a higher plane.
More About Real Wealth Solutions®
Kevin founded Real Wealth Solutions® as a platform to “eliminate poverty and reduce governmental dependence” by putting the lessons he’s learned from his 22 years of life and business experience to use. Life insurance, according to Kevin, is the foundation of financial security because it allows a person to purchase net worth and provide liquid for their family.
Real Wealth Solutions® is pioneering a new approach to business development and income protection. It is a novel approach to using insurance assets – novel in the sense that most business owners have never heard of it.
“It’s just relatively unknown to – and sadly underutilized by – today’s business owners,” Kevin claims. And I thought now would be a good time to revisit this technique, especially since we are in the midst of an economic downturn.”
Donaldson’s strategy is to borrow money from life insurance assets in the form of policy loans. This is in contrast to the traditional method of obtaining loans from banks and other lending institutions. The benefits of taking out insurance policy loans are obvious: there is no age limit, no collateral, and no credit checks.
“Most business owners don’t realize that certain life insurance products have cash values they can borrow against,” Donaldson says. “My job is to talk to these owners, learn about their unique personal and business needs, and form a life insurance package they can use as a sort of ‘Personal Bank’ they can take loans out of in the future.” Donaldson hopes more business owners will catch on to this strategy. “It hits two birds with one stone – business owners can get personally insured and gain access to funds they’d otherwise never get in such short notice.”
Real Wealth Solutions®: The Future
Real Wealth Solutions® helps people by simply providing financial education; he wants it to be a resource that people can use when they want to become financially independent rather than forcing it down their throats. Kevin assists people who are ready to take the step of purchasing life insurance. He explained that life insurance is the first step in allowing people to plan for the future and be prepared for whatever it may hold.