Focus on Cashflow
We all know cash flow is the oxygen for your business – but it’s also the oxygen for your “retirement”. To get off the active treadmill of trading time for dollars, cash flow is king. […]
Category: Financial Planning Resources
Find resources on financial planning for dentists, doctors and more from Dr. David Phelps and his team at Freedom Founders here!
Leverage is the Key to Growth
One principle I constantly emphasize is: all growth comes from leverage. But what exactly is leverage? A lot of people think of leverage in terms of financial growth, and that is a part of it […]
Why Traditional Retirement Planning is Garbage
We have to accept that economic cycles and volatility are facts of life. But there’s more volatility in the current markets than ever before. If you know me, you know that I have a strong […]
Finding Your Next
What is your next? The next phase or next thing in life – what will you do once you are financially free? And why is that important? Many times, people get the financial part of […]
Maximizing Your Inflection Points
Are you maximizing your inflection points? In fact – what is an inflection point? At Freedom Founders we use something called the “Freedom Curve.” It goes like this: the curve starts at the bottom of […]
What’s Your Endgame?
What’s your Endgame – your finish line? Most people unfortunately think of “retirement” as the endgame. They work 30, 40, 45 years in a career or business, often into their 60s or 70s, and then […]
ROI vs Return On Time
What’s the difference between yield and return on effort? Yield is another word for return on investment (ROI) – in this case, we are specifically talking about investment of capital. You put money into some […]
Why I’m Against the 401(k)
When I tell doctors, dentists, or anyone in the medical field that they should not invest in a 401(k), defined benefit plan, or cash balance plan, their eyes glaze over. The response I get is […]
What’s your Biggest Leverage Point?
What’s your biggest leverage point? Leverage is a word that is thrown around a lot in terms of finances. For example, you can leverage money from the bank to buy a house, buy a car, […]
Recent Market Volatility
Toward the end of 2018, we saw the markets become very volatile. It’s no surprise to many people – myself included. I’ve actually been predicting this for the last year and a half or so. […]
