E243 Move Cash Out Of Your Medical Practice To Create Options Down The Road
Anesthesia & Pain Management Success
Release Date: 07/15/2024
E253 Helping Aging Parents Get Financially Organized
Anesthesia & Pain Management Success
Have you ever had to navigate the difficult conversation of finances with your aging parents? In this episode, we explore the crucial yet uncomfortable topic of helping your parents get financially organized before it’s too late. I’ll walk you through practical steps for initiating these talks early, making life easier down the road rather than dealing with a financial disaster later. Learn more: Watch the video: Need help with wealth management? Learn...
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E252 Attack Financial Anxiety Head-On With This Helpful Paradigm For Disaster Prep
Anesthesia & Pain Management Success
What would you do if an unexpected financial disaster hit tomorrow? In this episode, we dive deep into the financial durability ratio—a tool that measures your ability to withstand unforeseen expenses or catastrophic events. We’ll discuss how this ratio helps you identify vulnerabilities in your financial preparedness and reduce the anxieties that stem from unknown risks. Learn more: Watch the video: Need help with wealth management? Learn about APM Wealth's process, here: . Or, get our free guide explaining...
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E251 Saving For Kids' Education, Managing Competing Goals For New Attendings, & More!
Anesthesia & Pain Management Success
Today I will be answering some of the most common questions listeners face, such as how to prioritize student loan repayments versus contributing to retirement accounts like Roth IRAs or 401(k)s. You'll learn how to map out a clear repayment plan for your student debt while ensuring you're taking advantage of key retirement benefits that can reduce your tax burden. Learn more: Watch the video: Need help with wealth management? Learn about APM Wealth's process, here: . Or, get our free guide explaining some of our key methods for building wealth with clients: Or...
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E250 How To Protect Your Parents From Financial Fraudsters
Anesthesia & Pain Management Success
In this episode, I’m revisiting the critical topic of financial fraud, which I last discussed back in episode 144. This time, I’m bringing a fresh perspective on how you can protect yourself and your loved ones from increasingly sophisticated scams. Cybercrime losses topped $12.5 billion in 2023 alone, with over $3.4 billion of that lost by people over 60, so the stakes have never been higher. Listen in to learn why it’s so important to stay skeptical, the value of working with a financial advisor, and why reporting any suspicious activity to law enforcement is absolutely critical. Learn...
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E249 Is Direct Indexing Really All It's Cracked Up To Be?
Anesthesia & Pain Management Success
Curious about how to make the most of your investments? In this episode, I’m excited to share a recent chat I had with Dr. Jimmy Turner on the Money Meets Medicine podcast. We dive into the world of direct indexing, a powerful portfolio management tool that’s especially valuable for business owners with significant taxable assets. Learn more: Watch the video: Need help with wealth management? Learn about APM Wealth's process, here: ....
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E248 Are Index Funds.... Safe? Depends On Which Index!
Anesthesia & Pain Management Success
In this episode, we are diving into the complexities of using index funds as a "safe" investment option, particularly for short-term financial goals. Drawing from recent client interactions, I explain the misconceptions around the safety of index funds and why they may not be the best choice for investments needed in the short term. Learn more: Watch the video: Need help with wealth management? Learn about APM Wealth's process, here: . Or, get our free guide explaining some of our key methods for building wealth with clients: Or check out our webinar for helping...
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E247 How Private Equity Can Enhance Your Practice (Or Not) w. Dr. Yesh Navalgund
Anesthesia & Pain Management Success
In this episode, we dive deep into the world of medical business leadership and practice management with Dr. Yash Navalgund, Chief Medical Officer at National Spine and Pain Centers. Dr. Navalgund shares his extensive experience in growing and scaling pain management practices, including his journey from a single practice owner to overseeing over 100 centers across 12 states. We explore the challenges and successes in building a strong culture within a medical practice, the intricacies of opening multiple sites, and the importance of branding and reputation in the healthcare industry. Learn...
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E246 Asking The Right Questions When You Sell Your Practice w. Michael White
Anesthesia & Pain Management Success
Managing director at Founders Advisors, Michael White, joins me on the show today to help explain the role of a business liquidity event within the financial journey of a physician. We align in how we help physicians understand their businesses and, in this episode, he will dive into what you need to do to help make your practice more saleable. Learn more: Watch the video: Need help with wealth management? Learn about APM Wealth's process, here: . Or, get our free guide explaining some of our key methods for building wealth with clients: Or check out our webinar...
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E245 Three Ways Practice Owners Can Build Up Their Balance Sheet
Anesthesia & Pain Management Success
Are you a practice owner looking to extract maximum value from your clinical practice? In this episode, we'll discuss the crucial steps to ensuring your business assets translate into personal wealth. Building on our about understanding your balance sheet, I’ll explain the risks of having your net worth tied up in your practice. You'll learn strategies to shift value from your business to your personal finances, reducing dependency on a single asset and securing your financial future. Learn more: Watch the video: Need help with wealth management?...
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E244 Building A Personal Brand Using Industry And Research Relationships w. Dr. Patrick Buchanan
Anesthesia & Pain Management Success
What does it take to build a personal brand in the medical field? In this episode, Dr. Patrick Buchanan, Interventional Pain Management Physician and Co-Host of the Pain Unfiltered Podcast, shares his insights with us live from the ASPN conference. Dr. Buchanan will explain the importance of personal branding and how it has shaped his career decisions. Learn more: Watch the video: Need help with wealth management? Learn about APM Wealth's...
info_outlineI've been discussing balance sheet liquidity with several people and have noticed that many seem to have relatively thin liquidity. In this episode, you’ll learn all about liquidity and how to guard against adverse financial events by ensuring you’re at a healthy level of liquidity. I’ll specifically discuss your practice and how it comes into play when creating more liquidity in your life and finances.
Learn more: https://apmsuccess.com/243
Watch the video: https://apmsuccess.com/243v
Need help with wealth management? Learn about APM Wealth's process, here: https://apm-wealth.com/services. Or, get our free guide explaining some of our key methods for building wealth with clients: https://apm-wealth.com/freedom
Or check out our webinar for helping practice owners optimize wealth building: www.apm-wealth.com/webinar