The Freedom Formula for Physicians | How Doctors Cut Debt & Slash Taxes | Business Of Medicine | Financial Education

S4, Episode 40: [Roles Reversed Series with Dave] The (Financial) Freedom Formula for Physicians with David Denniston {The Direct Primary Care Podcast Show}

This October we are doing a series of podcasts featuring Dave being interviewed on other podcasts.

Financial independence can be challenging. In addition to foregoing nearly a decade of meaningful income, many physicians come out of medical school with student loans that can be in the six (and now even seven) figures. All the while physician income has remained flat relative to inflation. Consequently reaching financial independence can be far more difficult for physicians now than those who practiced decades ago.

In this podcast you will:

• Find out why Dave decided to create his podcast and what family miracle was the driving force.
• Dave explains what financial independence means and why he considers it so important for doctors to pursue it.
• Learn the challenges that have impeded true financial freedom and how doctors take the steps necessary to overcome them.
• Acquire the steps that Dave thinks all physicians MUST take in order to obtain financial freedom.

For all the show notes, transcription, and more, check out the podcast website at http://doctorfreedompodcast.com/

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S4, Episode 39: How to Create Passive Income in Real Estate with Shane Connor [Red Rock Capital Group.com]

Shane Connor is a leading producer of staffing and recruiting sales who began pouring his commissions into passive commercial real estate investments at age 27. Shane continues to use commissions as the fuel to his passive income fire and is now passionate about helping others access these same investment opportunities building and preserving their wealth.

He is a man of many talents: Servant Leader, Financial Coach, Syndication Expert, and author.

Author of the eBook The Definitive Guide to Passive Income from Commercial Real Estate Investing, Shane is ready to shine the light on financial security through a variety of means including passive investing in commercial syndication, value-add investing, and more.

Help me welcome Shane Connor, Welcome Shane!

In this podcast you will:

• Learn why and how Shane helps veterans get the medical care that they need and is not always readily available.
• Discover how he got into commercial real estate and why he invested his commissions into commercial real estate.
• Acquire strategies on how to filter out potential negative investors/partners and how social media can be a tool to avoid them.
• Receive details on the side hustle that he has created for physicians and residents.
• Learn what an operator is versus a sponsor within the investment market and how they operate.

For all the show notes, transcription, and more, check out the podcast website at http://doctorfreedompodcast.com/

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S4, Episode 38: Investing and Effective Management Strategies with M.C. Laubscher [producerswealth.com]

Dave is talking with M.C. Laubscher, a wealth strategist and the President and CEO of Producers Wealth. He is also a podcaster at Cash Flow Ninja interviewing Robert Kiyosaki, Kevin Harrington, Ron Paul, and dozens of others.

M.C. Laubscher is a wealth strategist, educator, and financial freedom fighter.  He is the President and CEO of Producers Wealth and creator and the host of the popular and top-rated business and investing podcast, Cashflow Ninja.

M.C. challenges existing societal belief systems and misinformation around concepts such as money, saving, investing, wealth and retirement.

M.C. moved from South Africa to America in 2001. He will talk about his life in Africa and here in the United States; his journey in his professional career and his experience in land investment. He will talk about money, saving, investing, and retirement.

Help me welcome M.C. Laubscher, Welcome M.C.!

In this podcast you will:

• Discover  M.C.'s advice when investing in real estate and how to make it a stream of income.
• Receive advice on how to build your support systems/employees to make your side hustle successful without taking more of your time.
• Acquire the advice that M.C. wishes he had when he was starting out in real estate and investing. 
• Learn what is the key to managing money on multiple levels and make your money work for you in numerous ways.

For all the show notes, transcription, and more, check out the podcast website at http://doctorfreedompodcast.com/

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S4, Episode 37: he Evolution of Primary Care Medicine with Landon Roussel (The Direct Primary Care Podcast Show)

In this episode, we are chatting with Landon Roussel, a physician, and podcaster who was born in Louisiana. Landon will be talking about his origins, the financial support he was given to attend medical school, the requirements for the loan that he received, and his experience of being an employed physician.

 Landon's Direct Primary Care Podcast (DPC) is a podcast focused on a new and innovative model of healthcare. Once thought to be a practice only for the wealthy, DPC is now spreading across the country and becoming available to all as a more feasible, sustainable, and happier model of care delivery.

Please help me welcome Landon Roussel, Welcome Landon!

In this podcast you will:

• Access the information on financial support the government provides for students of medicine.
• Discover the reason that Landon bought land and what he is doing with it that will save him money long term.
• Learn it is like to work at hospitals and why Landon would rather drive Uber than be a physician.
• Learn why Landon thinks that people are addicted to insurance companies and how it has affected the growth of his business.
• Acquire how Landon started his business and how he charges his clients for care.

 

For all the show notes, transcription, and more, check out the podcast website at http://doctorfreedompodcast.com/

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S4, Episode 36: How to Retire Early and Live the Retirement Lifestyle You Want with Cory Fawcett, MD

Welcome back to our monthly fireside chat with a physician to get to know their journey, their joys, and their struggles with finances and outside of finances.

This show is not always about actionable content. It is, however, a chance for you to see behind the curtains, to walk in another person’s shoes and experience their lives.

Our next guest is a man on a mission; to teach doctors how they can live healthy, happy, and debt-free lives–to regain control of their practice, their time, and their finances. He is making an effort to improve the lives of his colleagues.

Cory will tell us what the life of a physician is like when you get retired, his thoughts on retirement in general, and what he is doing now.

Please help me welcome Cory Fawcett, Welcome Cory!

In this podcast you will:

• Gain advise to run a business and manage money through the internet.
• Acquire retirement pension and penalties guidelines and how Cory is choosing to use his retirement funds.
• Learn the view on money that retirement may bring to you (HINT: You may be surprised). 
• Discover Cory's views on his real estate side hustle and balancing retirement.
• Gain Cory's advice on retiring and balancing stressors. 

For all the show notes, transcription, and more, check out the podcast website at http://doctorfreedompodcast.com/

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S4, Episode 35: [FLASHBACK] Let‘s Cover Each Other‘s Backs [A Fireside Chat with Amanda Liu]

Have you ever wondered... what would it be like to retire at 38 years old?

What would you do?

How would you live your life?

You are about to discover how one physician could do just that...

In this podcast, you will learn:

• The biggest difference between living overseas and in the US
• Why she was worried about her dad & how it led to a burning interest in money
• How she finished medical school with virtually no debt (Hint: She got most of her loans at a ZERO percent rate. Find out how she did it)
• Discover why she decided to buy a home in residency, even though most of us suggest not to

For all the show notes, transcription, and more, check out the podcast website at http://doctorfreedompodcast.com/

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S4, Episode 34: Tax Updates and Strategies with Shanyn Stewart of Advanced Accounting and Planning.com

Shanyn Stewart is not your typical accountant. She’s a serial entrepreneur and fearless single mom who has a background in military tactical training and is not afraid to stand up to anyone, including the IRS. A gun-toting, libertarian proactive tax strategist, Shanyn has built a team of tax and financial experts to assist clients in legal tax avoidance.

They say that there are two things in this world that are guaranteed, death and taxes. Shanyn has faced life and death situations while traveling internationally and came out the other side so she can be fearless when it comes to everything, including her work. Shanyn began her career with General Electric as one of two advisors that worked directly with GE employees and executives to mitigate taxation throughout the country.

 

 

Armed with years of tax navigation experience, in 1996 she started Advanced Accounting to help clients apply those principles she learned at GE to assist in reducing their tax liability.

In this podcast you will:

• Learn the difference between a tax preparer and a tax strategist.
• Discover how taxes are calculated by using technology.
• Acquire tax reduction strategies that fall within the new tax reform laws.
• Discover what insurance companies do and how they assess risk.

For all the show notes, transcription, and more, check out the podcast website at http://doctorfreedompodcast.com/

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S4, Episode 33: My Financial Experiment- Q2 2018 Update

If you have been listening to me for the last year, or maybe you're brand new, what I'd like you to do is go back to the archives, and check out season 3, where I started going through this process of acquiring other assets, trying to create multiple income streams.  So this is the Quarter 2 2018 update.  I'll be discussing my online business, this podcast, and my latest craze, land flipping while walking you through my highs, my lows, and the specifics of these various ventures.

In this podcast you will:

• Get an update on what's going on with the podcast and sponsors
• Discover what's going on with the city building kit and some unexpected opportunities that have come along
• Hear about what's working and what's not working
• Know the lessons I'm learning along the way

For all the show notes, transcription, and more, check out the podcast website at http://doctorfreedompodcast.com

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S4, Episode 32: How to Utilize the Virtual Workforce to Improve Your Business with Brent McClure

Brent McClure is not your typical CPA. He is a visionary, a change agent, and a paradigm breaker for the accounting profession as well as businesses across multiple verticals.

Brent, in essence, grew up in his family grocery store and took a love of business from an early age and turned it into his future.
A results-oriented Senior Executive and Consultant with more than 20 years of success, Brent crosses many business verticals: financial services, construction, SaaS, retail, distribution, manufacturing, oil & gas, and technology industries.

 

In his experience, Brent has learned that hiring a CFO isn’t something many small or medium-sized businesses can afford, yet many times desperately need. With this knowledge, he started promoting his CFO services as more of an outsourced, a la carte, offering via McClure Consulting & Advisory, LLC.

Please help me welcome Brent McClure, Welcome Brent!

In this podcast you will:

• Discover how Brent has made the CEO position a virtual position to help small and medium-sized companies. 
• Learn what the two-minute rule is and how it helps you be more successful within your business.
• Aquire different ways that business owners can improve their cash flow.
• Learn the most important lesson that Brent thinks is the most important aspect to educate yourself in and have a trustworthy resource as well.

For all the show notes, transcription, and more, check out the podcast website at http://doctorfreedompodcast.com/

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Minisode-ParadisePracticeWorkshop.com

Have you ever wanted to open your own cash-based, insurance-free practice?

If the answer is YES then I invite you to attend a special workshop, led by my friend. Dr. Mike Woo-Ming, who I’ve previously interviewed on this podcast.  

Mike is a physician Entrepreneur, who has been quietly teaching physicians a special type of medical practice that is cash pay only and takes no insurance.

He calls them “Paradise” practices.  And they have been wildly popular not only for patients but for physician owners. Because it allows you to work less while making more.

Well, Mike and his team are looking to help more doctors who want to learn this successful system that trains you to build these cash pay, insurance-free practices that can work in almost any location.

And as friend of the Doctor Freedom Podcast, He wants to give my podcast listeners a special discount if you would like to attend this exclusive workshop

If this resonates with you, I invite you to go to this link ParadisePracticeWorkshop.com/freedom And receive $100 off your registration.

That’s ParadisePracticeWorkshop.com/freedom and get $100 off your ticket.

For all the show notes, and more, check out the podcast website at www.doctorfreedompodcast.com

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