From Cockpit to Cash Flow: Nick Kosko’s Flight Plan for Financial Independence

The Millionaire Journey Podcast

Mar 11, 2025•43 min•Ep. 59

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Episode description

Episode 59 - Nick Kosko

“But man, I tell you what, my curiosity about money was planted into fertile soil. And I went to work trying to learn about the real truth about money. You know, what my parents had taught me was not wrong, right? It just wasn't what was gonna work out for me. Go get a good job, work for somebody else for 30 - 40 years. And then when you “retire,” which that word's not in the Bible, I've come to learn, you're going to be removed from service and then some money babysitter is going to tell you how much money you get to take. And then we're going to hope that you don't run out of money by the time you die. Hope's not a strategy.”

Join me this week as I interview Nick Kosko, a Wealth Strategist with CreateTailwind and co-host of the Breakaway Wealth podcast. Nick had his dream career delivering packages as an airplane pilot by the time he was 30. After an unexpected layoff, Nick became motivated to expand his financial education and find viable solutions to the money problems he was facing. After interviewing several traditional financial advisors, Nick rejected the well-known path and stumbled upon the Infinite Banking Concept (IBC). On this journey, he connected with Jim Oliver, the founder of CreateTailwind. Today, Nick is passionate about coaching, educating, and inspiring others to take back control of their money by learning the truth about banking.

Nick and I discuss:

· His journey from airplane pilot to infinite banking

· How to understand IBC (Infinite Banking Concept)

· The problems with traditional financing

· The impact of financial mentors on your journey

· The value of life insurance in IBC

· The cost of insurance and cash value

· The financial implications of ownership vs. renting

· The bridge to wealth through initial capital investments

· The power of cash flow in real estate

· Control and liquidity as the keys to financial freedom

· Providing value as the heart of wealth building