Dr. Finance Live Podcast Episode 99 - Mike Krupin Interview - Leading Life Insurance Producer

(Originally aired 4/20/23): https://www.youtube.com/watch?v=DJtwEwJt0msShow more

This is Episode 99 of the Dr. Finance® Live Podcast hosted by Dr. Anthony M. Criniti IV (aka “Dr. Finance®”). Dr. Criniti interviewed Mike Krupin, one of the world's top life insurance producers, Chartered Life Underwriter (CLU), celebrity connector, speaker, and entrepreneur.

Michael J. Krupin, CLU, has ranked among the top 1% of life insurance producers for the majority of his career, spanning over 40 years. His success through the years results from his commitment to always represent the client, never the carrier, and to remain independent, consistent, trustworthy, flexible and enthusiastic. As a result of this philosophy, Michael attracts clients including the nation’s leading A-list individuals in entertainment, sports, business and healthcare, and has handled cases worth over $100 million.

An entrepreneur at heart, Michael left insurance carrier Provident Mutual (now Nationwide Insurance), where he was a top producer, to form Krupin Associates in Richmond, Virginia in 1980. He quickly built a substantial practice that realized over $2 billion in life insurance policies in a short time period. Michael and his son, Bryan, moved to Beverly Hills in 1996 to form Gilbert-Krupin. In 2012, Michael, Bryan and Ashley Krupin formed Krupin Partners to continue to serve clients throughout the country from the firm’s Beverly Hills, Richmond and New York offices.

0:00 - 51:49 - Podcast welcome and Mike's story
51:50 - 54:32 - Overview of books
54:33 - 56:45 - The significance of the Chartered Life Underwriter (CLU) designation from The American College?
56:46 - 57:45 - Celebrities Mike worked with?
57:46 - 59:25 - Should rich people buy yachts and jets?
59:26 - 1:04:20 - If a poor person living in a poor place with no opportunities shifts more of her or his time to be in places entrenched with rich people with more opportunities, how much faster would they become a success?
1:04:21 - 1:05:24 - Best tips for entrepreneurs on how to be successful?
1:05:25 - 1:06:57 - Why is giving back important for wealthy people?
1:06:58 - 1:07:29 - What role should ethics play in business?
1:07:30 - 1:09:10 - What should people without money who become rich fast be aware of?
1:09:11 - 1:13:19 - Why is life insurance important?
1:13:20 - 1:14:09 - Why is insurance important?
1:14:10 - 1:16:21 - How does insurance fit into someone’s financial plan?
1:16:22 - 1:18:30 - Why is it important to look your best?
1:18:31 - 1:20:06 - Style tips?
1:20:07 - 1:21:14 - How do you live a longer, healthier life?
1:21:15 - 1:24:10 - Would you want to live forever?
1:24:11 - 1:25:59 - Can 1 book change the world?
1:26:00 - 1:27:01 - What role has networking played in your life?
1:27:02 - 1:28:25 - Is mentoring important? Who are some of your mentors?
1:28:26 - 1:31:15 - What are your favorite financial books?
1:31:16 - 1:34:45 - Do we need money to survive?
1:34:46 - 1:37:00 - Is finance necessary for everyone? Why or why not?
1:37:01 - 1:40:18 - How important is having a purpose in business? What is your purpose?
1:40:19 - 1:41:55 - What would you like to accomplish in the next 10 years or so? Why?
1:41:56 - 1:42:59 - What would you like to be your legacy to this world?
1:43:00 - 1:47:19 - Wrap up thoughts and Outro

Dr. Anthony M. Criniti IV (aka “Dr. Finance®”) is the world's leading financial scientist and survivalist. A fifth generation native of Philadelphia, Dr. Criniti is a former finance professor at several universities, a former financial planner, an active investor in diverse marketplaces, an explorer, an international keynote speaker, and has traveled around the world studying various aspects of finance. He is an award winning author of three #1 international best-selling finance books: The Necessity of Finance (2013), The Most Important Lessons in Economics and Finance (2014), and The Survival of the Richest (2016). Dr. Criniti is also the host of the highly successful Dr. Finance® Live Podcast as well as one of the top hosts on Clubhouse. Dr. Criniti has started a grassroots movement that is changing the way that we think about economics and finance.

For more information about Doctor Finance, please visit https://DrFinance.Info.

Disclaimer: This Podcast is for informational purposes only. It is presented with the understanding that the author(s) and the publisher(s) are not engaged in providing financial, legal, or other professional services. If financial, legal, or any other form of advice is needed, please consult a financial advisor, an attorney, or another professional advice-giving entity.

Also, the opinions and views expressed by any guests on this Podcast do not necessarily represent the opinions and views of Dr. Finance® or its affiliates.

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