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YFP 388: Entrepreneurial Journeys in Pharmacy: Lessons on Growth and Success

Release Date: 12/19/2024

YFP 391: 7 Books That Shaped My Money Mindset

Your Financial Pharmacist

Tim Ulbrich shares insights from seven financial books that shaped his journey, offering key lessons on saving, spending, mindset, and building wealth. Summary In this episode, Tim Ulbrich highlights seven impactful financial books that shaped his journey, including I Will Teach You to Be Rich by Ramit Sethi, Die with Zero by Bill Perkins, and Rich Dad, Poor Dad by Robert Kiyosaki. He shares key takeaways on topics like balancing saving and spending, adopting a wealth-building mindset, and spending for happiness. Mentioned on the Show

YFP 390: Financial Resolutions: Top 5 Moves for Pharmacists in 2025

Your Financial Pharmacist

Tim Ulbrich, YFP Co-Founder, shares 5 key financial moves to align your goals, enjoy life now, and build a secure future. Summary In the first episode of the year, Tim Ulbrich, YFP Co-Founder, dives into strategies for aligning your personal and professional goals to make 2025 your best year yet. He shares five essential financial moves to help you strike the perfect balance between enjoying life today and building a secure future. Learn actionable tips for setting meaningful financial goals, optimizing your tax planning, organizing your financial documents, automating your savings, and...

YFP Real Estate Investing 131: Revisiting Our 2024 Projections and Looking Ahead to 2025

Your Financial Pharmacist

David Bright and Nate Hedrick share their annual real estate predictions for the year ahead and reflect on trends of 2024. Summary Join hosts David Bright, PharmD and Nate Hedrick, PharmD as they close out 2024 with their third annual real estate investing predictions. Reflecting on their past forecasts for the year, they explore why rates and housing prices didn’t align with expectations and emphasize the importance of staying adaptable in a shifting market. David and Nate also share their personal investment plans for 2025. About Today's Guests Nate Hedrick is full-time...

YFP 389: 2024 in Review: Milestones, Highlights, & Giveaway!

Your Financial Pharmacist

Tim Ulbrich, YFP CEO, celebrates over 2 million downloads of the YFP Podcast by sharing some of his favorite episodes and listener stories. He also previews exciting projects ahead in 2025 for YFP. Summary In this special year-end episode, host Tim Ulbrich reflects on a milestone year, celebrating over 2 million downloads of the YFP Podcast. He shares powerful listener stories, recaps his top three episodes of 2024—featuring topics like achieving financial success, landing scholarships, and entrepreneurial journeys in pharmacy—and offers a glimpse into what’s ahead for 2025. Plus,...

YFP 388: Entrepreneurial Journeys in Pharmacy: Lessons on Growth and Success

Your Financial Pharmacist

Four pharmacist entrepreneurs share their journeys from pharmacy to thriving businesses, offering tips, actionable advice and inspiration. This episode is brought to you by . Summary In this engaging panel discussion, four pharmacist entrepreneurs—Brooke Griffin, Jimmy Pruitt III, Kelley Carlstrom, and Natalie Park—share their unique paths from pharmacy to thriving businesses. Discover how they built their ventures, made strategic decisions, and overcame challenges along the way. Gain practical insights into audience building, pricing strategies, navigating sales, and balancing personal...

YFP Real Estate Investing 130: From Full-Time Pharmacist to Full-Time STR Investor

Your Financial Pharmacist

Jeff Chheuy, a pharmacist turned real estate investor and content creator, shares his journey and success in real estate investing. Summary In this episode, David Bright and Nate Hedrick talk with Jeff Chheuy, a pharmacist turned full-time real estate investor. Jeff shares his journey into real estate investing and emphasizes the importance of finding the right market for short-term rentals, leveraging tools like Rabbu.com for market analysis, and the benefits of using professional design and photography, property management software. Jeff also shares the importance of mentorship and personal...

Rx Money Roundup #18: Can I do a backdoor Roth IRA myself?

Your Financial Pharmacist

In today’s episode, we’re diving into one of Tim Baker’s favorite topics (cue sarcasm and an annoyed face): backdoor Roth IRAs. You’ve probably heard the term thrown around, but what exactly is a backdoor Roth IRA, and is it something you should consider? More importantly, should you tackle it on your own or leave it to the professionals? We break down the basics of what a backdoor Roth IRA is, who it might benefit, and the potential pitfalls to watch out for. Mentioned on the Show:

YFP 387: Cryptocurrency & Digital Assets: Investment Considerations and Tax Implications

Your Financial Pharmacist

In part two of their cryptocurrency series, YFP Co-Founders Tim Baker and Tim Ulbrich discuss spot Bitcoin ETFs, the IRS's stance on cryptocurrency, and strategies for incorporating digital assets into long-term portfolios. This episode is brought to you by . Summary This week in part two of the series on cryptocurrency and digital assets, YFP Co-Founders Tim Baker, CFP and Tim Ulbrich, PharmD explore the recent introduction of spot Bitcoin ETFs and how they differ from investing directly in Bitcoin. Tim and Tim also discuss the IRS's perspective on cryptocurrency and key considerations...

Rx Money Roundup #17: How does a 401(k) loan work?

Your Financial Pharmacist

In this episode, YFP Co-Founders Tim Baker and Tim Ulbrich break down the intricacies of 401(k) loans, explaining how they function, how interest is calculated, and the key factors to consider when determining if they're a smart financial decision. Mentioned on the Show:

YFP Real Estate Investing 129: Engineering a Property Management Company

Your Financial Pharmacist

Naeem Farokhnia, an engineer-turned-real estate investor and CEO of TheSFPropertyManagement Inc, shares his journey into real estate investing to eventually launching his own property management company. Summary In this episode, hosts Nate Hedrick and David Bright welcome Naeem Farokhnia, an engineer-turned-real estate investor and founder and CEO of TheSFPropertyManagement Inc, a technology enabled property management company providing top notch services to tenants and landlords. Nareem shares his inspiring journey of moving to the U.S. and eventually launching his property management...

More Episodes

Four pharmacist entrepreneurs share their journeys from pharmacy to thriving businesses, offering tips, actionable advice and inspiration.

This episode is brought to you by APhA.

Summary

In this engaging panel discussion, four pharmacist entrepreneurs—Brooke Griffin, Jimmy Pruitt III, Kelley Carlstrom, and Natalie Park—share their unique paths from pharmacy to thriving businesses. Discover how they built their ventures, made strategic decisions, and overcame challenges along the way. Gain practical insights into audience building, pricing strategies, navigating sales, and balancing personal and professional growth.

Whether you're dreaming up a new idea or ready to expand your business, this episode is packed with actionable advice and inspiration to help you take the next step in your entrepreneurial journey.

About Today's Guests

Kelley Carlstrom is the CEO and founder of KelleyCPharmD, an education company that fills the considerable gap in clinical oncology training. She is passionate about democratizing oncology pharmacy education and increasing accessibility and inclusion through her unique L.E.A.R.N Oncology Method.

Brooke Griffin is a pharmacist, professor, keynote speaker, and professional coach. She offers group and 1:1 coaching for pharmacists who are feeling stuck and want clarity on their next steps. She hosts a motivational 5-minute podcast, Today's Bold Idea, and is on this self-discovery journey alongside all of you. She believes everyone deserves a coach!

Dr. Natalie Park is a co-founder and CEO of Pharmesol, an AI pharmacy assistant that automates inbound/outbound calls, messages, and associated workflows such as documentation to save the pharmacy teams time, streamlines operations, and gives 24/7 concierge-like experience for their customers. She is a pharmacist with a passion for leveraging technology and innovation in the pharmacy industry.

Jimmy Pruitt III, PharmD, BCPS, BCCCP, BCEMP, a pharmacist and entrepreneur, earned his Doctor of Pharmacy degree from Presbyterian College and completed residencies at Florida Hospital Orlando and Grady Health System. He founded EMPowerRX Conference and Pharmacy & Acute Care University (PACU) to innovate healthcare education and inspire pharmacists to pursue entrepreneurship. In 2021, he received the Excellence in Diversity award and was named Alumni of the Year at Presbyterian College. Dr. Pruitt is also an Emergency Medicine Clinical Pharmacy Specialist at Atrium Health and hosts the "Pharm So Hard" podcast, aiming to educate and elevate the pharmacy profession.

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