Podcast Episode #426: Building Your Freedom Plan – Utilizing Your Practice as the Economic Engine to Freedom (Part 1) – Christopher Sands
Episode #426: Dentist Freedom Blueprint Podcast
Building Your Freedom Plan – Utilizing Your Practice as the Economic Engine to Freedom (Part 1) – Christopher Sands
Christopher Sands joins me on the show today to share from his wealth of knowledge about business and practice management. An accredited wealth advisor with an all-around holistic approach to looking at business and finances, Chris discusses how he learned to dissect businesses for their risks and opportunities, as well as how you can optimize and grow your practice.
Listen in as he sheds light on managerial tax flow accounting vs. the traditional tax recording of historical data points. He also has some great advice for young practitioners who are just getting their feet wet. And be sure to listen in next week for part 2 where we talk about the opportunities that come with managing your practice and how Chris has been building multiple income streams in real estate.
Minute Markers:
3:03 – The focus of Christopher’s practice and his passion for educating doctors.
7:30 – His first degree in real estate and how he got into risk management.
9:30 – The value of networking and how it got him into great opportunities.
11:13 – How he learned what his calling was and eventually started his own business.
17:43 – Advice for younger or newer doctors who are aspiring practice owners and growers.
Featured on the Show:
Christopher Sands: Website
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) :
In this episode, we finish up the second part of my interview with Rob Swanson and his eight rules of investing. (If you haven’t listened to part 1, be sure to go back and give that a listen before jumping into this one.) Today, we pick up where we left off, covering rules four through eight and talking about everything from decision-making to cash flow and risk reduction.
Listen in as Rob shares his incredible insight and experience in real estate and investing to give us a few rules that help make our decisions and investments more solid. You will hear about the importance of looking at margins before buying and what boxes need to be checked when it comes to predicting a solid income stream. Rob also discusses how to define and mitigate the different risks involved so that you can come out on top.
Alastair MacDonald is a private advisor to established entrepreneurs, investors, and business owners, as well as a TEDx speaker who lectures on economic, social, and financial forecasts. Join me today to hear part two of our conversation at the Freedom Founders Mastermind, where we dive into the concept of certainty, how to hedge against a volatile economy, and why the abdication model is no longer one that works.
Listen in to learn the reasons why Alastair is not worried about consumer price inflation (and what he’s really worried about instead) and why the 401(k) is not always the investment that it is made out to be. You’ll learn why he is most concerned about the issue of division and polarity in the Western world, why your business is your best asset in a volatile economy, and how you can maintain its viability to weather the most intense economic storm.
1. 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/Scorecard to take the 3 minute assessment and get your scorecard.
2. Attend A Workshop:
If you’re committed to Freedom, but still building a practice, paying down school debt, or growing investment capital, our hands-on Freedom Blueprint Workshops are your entrance ramp onto the fast track! Visit www.freedomfounders.com/workshop to claim your seat!
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 (5-7 years max), visit www.freedomfounders.com/step-1 to apply for a seat.
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 Executive Assistant (Lindsey@FreedomFounders.com), and put “Fast Access” in the subject line. Or, call (972) 203-6960 Ext 144 and leave a brief voicemail for Lindsey. Let her 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.