What does it look like to come back in your practice and do it in a strong way? My good friend, Dr. Steve Parker of The Profitable Dentist, recorded a show with me to discuss the steps it takes to stage a comeback amidst the current crisis—and get through future challenges, as well. We shed light on the future vision of what a practice should look like on the other side of this and what you can do to get there.
Listen in as I share the specific actions I take in order to achieve independence and how you can get your cash flow on track for success. You’ll learn what it takes to upgrade your leadership and discipline, how to know who to bring back on the team, and what you can do today to come back stronger tomorrow.
- 2:50 – How to approach financial independence.
- 5:57 – What you can do to find financial security.
- 9:18 – What practice owners need to be doing right now.
- 11:40 – How to upgrade your leadership and discipline.
- 16:50 – What you need to do to make sure your accounting is on track.
- 20:11 – How to go back to the start-up mentality.
- 22:33 – What you can do today to come back stronger.
- 27:40 – The importance of paying yourself.
Featured on the Show:
- Dr. Steven Parker: LinkedIn | Twitter | Facebook
- Dave Ramsey
- Craig Spodak
- Profit First by Mike Michalowicz
P.S. Whenever you’re ready, here are some other ways I can help fast track you to your Freedom goal (you’re closer than you think) :
1. Ready to Step Away?
“How Much is Enough?” This simple question keeps hard-working professionals at the hamster wheel of active income far longer than they need to be. Watch this free training, and discover a proven model for determining how much you really need before hanging up the handpiece! www.
2. Get Your Free Retirement Scorecard:
Benchmark your retirement and wealth-building against hundreds of other practice professionals, and get personalized feedback on your biggest opportunities and leverage points. Go to www.FreedomFounders.com/
3. Apply To Visit The Mastermind:
If you’d like to join dozens of dentists, docs, and practice professionals on the fast track to Freedom (3-5 years or less), visit www.freedomfounders.com/
4. Want to Work Directly with Me?
If you’d like to work directly with me and a small group of my closest investment colleagues, with direct access to the dealmakers and asset classes that I invest in, just send a message to my Member Advisor (Chris@freedomfounders.com), and put “Fast Access” in the subject line. Or, call (972) 203-6960 Ext 101 and leave a brief voicemail for Chris. Let him know you’re interested in the Fast Access program – we’ll set up a time with you to talk, find out about your goals, and see if there is a fit.
Want to know more about David and schedule him as a speaker or podcast guest? Go to doctorphelps.com to book David now.
Get the Full Episode Transcript: