Mindset
In Module 1, why is your “WHY” treated like your anchor?
Because it keeps you moving forward when life gets busy, doubt creeps in, or things feel uncertain.
Module 1 says the #1 predictor of success isn’t just knowledge—what is it?
Participation.
What is the key shift Module 1 wants members to make about financial success: reactive path vs Wealth Compass path?
Stop reacting and guessing; follow a structured system where money moves with certainty and strategy.
Module 1 frames this as a movement. If someone asks what’s Elite Minds mission is, what would you say?
Liberating 10 million families and equipping 100 million Elite Minds licensed professionals.
What does Module 1 say matters more than perfection when it comes to building momentum?
Consistency—showing up daily even in small ways.
In Module 2, before growth and legacy what is the core belief behind the Foundation Phase in the wealth Compass system?
Before wealth can grow, it must first be protected—foundation first, then growth and legacy.
In Elite Minds culture, why is “speed” still important in Foundation conversations about protection?
Because delays leave families exposed; speed helps them get protected before the “crash” happens.
Name the five Foundation-products Module 2 introduces that help protect and stabilize a family’s financial life.
Living Benefits (income replacement), Indexed Growth Engine with Cash Value Life Insurance, Fixed Index Annuity for retirement income, Debt Action Plan, Will & Living Trust.
In Living Benefits, what is the simplest way to describe the value in one sentence using Module 2 language?
t’s the bodyguard for your finances—coverage whether you live or pass away, with tax-free money for real life needs.
In the Million Dollar Baby Plan, who typically owns and controls the policy while the child is young?
The parent, grandparent, or guardian.
What’s the “Learning Trap” and what does it create?
Waiting and overthinking instead of moving; it slows impact and transfers opportunity to someone else.
Module 3 says you’re not here to sound perfect. What are you here to do?
Serve, repeat, and rise — volume builds the closer.
What does the WealthCompassCRM do that protects your business from “forgetting people”?
Captures, nurtures, tracks pipeline, and automates follow-up so nobody slips through.
What is the real reason people buy, according to Module 3?
To avoid pain — to stop feeling bad and get relief.
What does “Low Expectations, High Delivery” look like operationally?
Underpromise timelines, then follow up sooner with progress and updates.
What creates momentum faster—thinking or executing?
Executing (right moves, right system).
What does “Out-Execute Everyone” look like in one behavior?
Take ownership and finish—consistent daily action, not excuses.
In planning, what is the “Living Benefit Shield”?
A Term plan with Living Benefits (TermLB) that protects income if death/illness happens early.
What are the 5 C’s of Tonality?
Curious, Confused, Challenging, Concerned, Comedic.
What does BAMFAM stand for?
Book A Meeting From A Meeting.
What’s the mindset reframe for “I don’t want to bother people”?
You’re not bothering—you're serving and giving access to protection and clarity.
In Elite Minds culture, what does “Speed is King” protect you from in business?
Hesitation — because hesitation transfers impact and income to someone else.
What does IUL stand for?
Indexed Universal Life.
What’s the best way to ask for a next step without sounding pushy—open-ended or two options?
Two options (example: “would Tuesday at 2 or Thursday at 11 work better for you?”).
After a client signs delivery paperwork, what must happen before the policy is truly active?
The first premium must draft/clear (policy is in force after the first draft clears).