The Financial Beast Podcast for Practice Owners

The Financial Beast Podcast for Practice owners is designed for practice owners to get vital info on financial matters that concern them both personally and professionally. Additional to help them get into ”Financial Beast” mode and stay there so they can achieve all of their financial goals. A financial beast is debt free, protected, invested and set for life!

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Episodes

Thursday Apr 04, 2024

Are you tired of watching your hard-earned money disappear come tax season? It's time to challenge the status quo and become a Financial Beast, expanding your business and building personal wealth like never before.  Dive deep into the world of strategic tax planning with Eric Miller and tax specialist Mark Martukovich, as they unveil the untapped tax strategies that could save practice owners thousands. This isn't your average financial advice. We're here to disrupt the system, revealing the truth about maximizing deductions and securing your financial freedom. Are you ready to defy expectations and master the art of wealth building? The path to financial liberation begins here. Don't just survive the system; manipulate it to your advantage and thrive beyond your wildest dreams. Become part of the movement. Join us now.

Friday Mar 29, 2024

Unlock the secrets that elite practice owners know and take back CONTROL of your financial future! Eric Miller and Neil Trickett unveil the hidden checklist secret that could skyrocket your practice to new heights. If you've ever felt overwhelmed by the unpredictable waves of the financial world, especially amidst recessions, it's time to arm yourself with knowledge that empowers you to not just survive but THRIVE. Discover how to maximize the value of your practice, build personal wealth, and secure financial freedom. This isn't just about making more money; it's about transforming your approach to your practice and your finances. Learn from marketing genius, Neil Trickett of Practice Promotions, who shares unparalleled insights into expanding your business and becoming a Financial Beast. Join us, and let's defy the odds together. Start transforming your financial life today.

Thursday Mar 21, 2024

Unlock the SECRET to financial freedom with this episode. Dive deep with host Eric Miller and special guest Eric Gersch as they shatter the conventional financial model, empowering practice owners like YOU to take back CONTROL of your financial destiny. Discover how to maximize the value of your practice, build personal wealth, and navigate the treacherous waters of the financial industry with confidence. In an industry dominated by outdated advice and a one-size-fits-all approach, two Eric's challenge the status quo, revealing the pitfalls that could be draining your wealth and the strategies to turn your business into a powerhouse of financial growth. Learn how to become a Financial Beast by expanding your business, leveraging your investments, and securing your future in ways traditional financial advisors won't tell you. Ready to challenge the financial norms and pave your own path to prosperity? Don't let traditional financial models hold you back. Become a part of the movement that's redefining financial success for practice owners across the nation.

Thursday Mar 14, 2024

Unlock the secrets to financial mastery with "The REAL Cost of Ignoring Real Estate in Healthcare"! Dive into the world of real estate investments and discover how they can be the game-changer for your healthcare business. This video isn't just another talk. It's a wake-up call to all healthcare practice owners who've been overlooking the monumental potential real estate holds in expanding your business and securing your financial future. Whether it's about choosing the right property, navigating the murky waters of interest rates, or leveraging tax benefits, we've got you covered. Remember, financial freedom isn't just a dream—it's within your grasp. But, it requires action, education, and the right strategies. Let us guide you on how to safeguard your investments and capitalize on real estate opportunities. Don't wait for a financial crisis to realize the power of real estate in healthcare. Become an informed investor and a savvy practice owner. Connect with us on our social media platforms to stay ahead of the curve. Take the first step towards securing your financial legacy. It's time to challenge the status quo, make informed decisions, and transform your practice into a wealth-building powerhouse. Are you ready to join the ranks of healthcare professionals who refuse to ignore the real cost of sidelining real estate in their financial strategy? Let's get started.

Thursday Mar 07, 2024

Maximize Your Exit: Unlock the secrets to expanding your business and building personal wealth with confidence. If you're a practice owner eager to take back CONTROL over your financial destiny, this video is your first step towards financial freedom. Join Eric Miller and Steve Stalzer from 8150 Advisers as they delve deep into the crucial strategies for maximizing the value of your practice. Whether you're contemplating an exit strategy, aiming to bolster your practice's valuation, or just seeking to become a Financial Beast, this expert discussion offers indispensable insights. Connect with us on social media to continue the conversation and discover more wealth-building strategies tailored for practice owners like you. Please note, while we strive to provide valuable financial insights, Econologics Institute, LLC, affiliated with Econologics Financial Advisors, offers general advice. For advice tailored to your specific situation, consult your own professionals. Remember, Econologics does not provide individualized financial, legal, or tax advice. Dive into the world of financial training and take the first step towards securing your legacy and maximizing practice value today. Your journey to financial freedom and becoming an empowered practice owner starts here.

Thursday Feb 29, 2024

Maximize Your Practice's Value with Expert Insights tailored for vets! Dive into our latest video, where financial wizard Eric Miller and the unparalleled Roger Redman from the Ackerman Group unravel the secrets to taking back CONTROL of your veterinary practice. Learn how to leverage your business, build personal wealth, and ensure you're playing at the top of your game. Connect with us on social media for daily tips on wealth building and expanding your business. Our expert-led courses and personalized consultations are designed to empower practice owners like you to become Financial Beasts, even in the face of recession. Powered by the Econologics Institute, LLC, and in affiliation with Econologics Financial Advisors, we bring you reliable, actionable strategies that make a difference. Remember, while our advice is rooted in deep industry knowledge, it's essential to consult your own professionals for personalized guidance. Econologics does not offer individualized financial, legal, or tax advice. Our goal is to equip you with the knowledge and confidence to make informed decisions for your practice's future. Join our community of savvy vets who refuse to let economic downturns dictate their success. Subscribe now and take the first step towards unparalleled financial success.

Thursday Feb 22, 2024

Are you planning to sell your business? In this episode of the Financial Beast podcast, host Eric Miller is joined by Brad Fincher and Halsey Schreier from CIBC Private Wealth to discuss the importance of planning for your financial future after selling your business.  They highlight common mistakes made by business owners when they come into a large sum of money and provide valuable insights on how to protect and grow your wealth. Topics covered include pre-planning for the sale, the importance of having a trusted team of professionals, legacy planning, risk management, alternative investments, and the potential impact of changes in tax laws. Don't miss this episode if you want to make the most of your business sale and secure your financial future.

Thursday Feb 15, 2024

In this episode of the Financial Beast podcast, host Eric Miller interviews Michael Nula, a successful healthcare practice owner and consultant, about the importance of profit in running a practice. They discuss the mindset shift required to prioritize profit and the various ways it can be utilized to support the growth and stability of a practice. Nula emphasizes the need for practice owners to treat profit as an expense and plan for it accordingly, rather than hoping it will magically appear at the end of the month. He also shares insights on setting profit margin targets, controlling expenses, and leveraging technology to increase profitability. Nula highlights the value of profit in determining the overall worth of a practice and the importance of planning for a successful exit strategy. Overall, this episode provides valuable advice and practical steps for healthcare practice owners to maximize their profits and build a thriving practice.

Friday Feb 09, 2024

In this episode of the Financial Beast Podcast, host Eric Miller interviews Brad Pierson, an orthodontist who successfully transitioned his practice to a partner. They discuss the importance of having an exit strategy from the beginning and the key factors to consider when bringing on an associate and eventually transitioning to a partner. Brad shares his experience of finding the right associate, establishing compatibility, and structuring the buy-in process. He emphasizes the significance of having systems in place and a solid team to support the transition. Brad also highlights the importance of open communication, shared responsibilities, and setting realistic financial goals for both parties. This insightful conversation offers valuable insights for healthcare owners who are considering transitioning their practice.

Wednesday Jan 31, 2024

In this episode of the Financial Beast Podcast, Eric Miller interviews Daniel Stewart and Greg Martinez from Athelas, a medical tech company. They discuss the importance of integrating advanced technology, such as artificial intelligence (AI), into the medical field. Stewart and Martinez explain how Athelas uses AI and advanced algorithms to help medical practices increase their revenue and reduce overhead costs. 
They highlight the challenges that practice owners face with insurance reimbursements and denials, and how Athelas' technology can streamline the billing process and improve first-time pass rates for claims. The guests also address the concerns and misconceptions around AI and emphasize the need for practices to adapt and embrace technology to stay competitive in the evolving healthcare landscape.

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