How to Become a Financial Beast & Exit at the Top of Your Game with Eric Miller

07/12/2022 32 min Episodio 67
How to Become a Financial Beast & Exit at the Top of Your Game with Eric Miller

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Episode Synopsis

Living in this modern world, how much money do you need to live the life that you want to live? Once you've attained the degree of achievement you're after, it's simpler to focus on other significant facets of your life. However, everyone's definition of financial success is unique, so how could one become a financial beast? What can practice owners do to be successful financially in order to deal with personal wealth?This week's The Dave Kittle Show episode, Dave Kittle will be joined again by Eric Miller. Eric is the Chief Financial Advisor and Co-Owner of Econologics Financial Advisors, LLC based in Largo, FL. For Eric, there’s no greater feeling than inspiring practice owners (mostly physical therapy owners) and helping them eliminate financial uncertainty. His specialty is creating and implementing the Econologics Roadmap and ARMoR annual reviews for clients, allowing them to reach their goals now and far into the future.Check out Eric’s book: https://econologicsfinancialadvisors.com/beast-book/We will touch on such topics as:When you do something over and over again for a long enough period of time, you gain confidence that you know how to help people in a specific area.With all of your successful action and financial freedom, the people around you should be as well.A financial beast is a practice owner that has gotten themselves into a financial condition where they don’t care about the external noise that they hear while they handle their own personal economy.Financial beasts are in charge of their financial lives. They created enough assets, income, and resources that they could survive anything.Set up the right account for your practice to ensure the security of your business.You have to calculate your numbers correctly. One of the biggest mistakes most owners make is underestimating how much money they really need to make to live the life they want to live.There are three things you can do with money. You can either save it, spend it, or invest it.Squeeze every bit of value out of your practice that you possibly can.It doesn’t matter where you are in your practice ownership journey, whether you are just starting or are three or five years away. You have to start thinking about how you can utilize your practice better so you can accelerate the process.Going out at the top of your game means that you are transitioning how and when you want to.You only have one shot at the exit. Make sure you negotiate the right way. That's why it is beneficial to have a good team around you to give you proper guidance.Treat your practice as an investment, not a job.  P.S. Subscribe, rate, and review HereAnd, if you like what you hear from the host, Dave Kittle, then it's possible that he and his team, The Fieldmaker Group, may be interested in acquiring some or all of your physical therapy practice.Connect with him on:Email: [email protected]: @davekittleLinkedIn: https://www.linkedin.com/in/davekittle/orCall (646)-781-8884 Hosted on Acast. See acast.com/privacy for more information.