Are you prepared for the unexpected? Many years ago, the Ohio Dental Association came up with a "survival kit" to help spouses whose dentist spouses had passed away (many times suddenly). They found most had no idea what was involved, who was involved, where the money was, and it created quite a mess. When my brother passed away at the age of 41, I had a spouse and two young children and imagined what a financial (and emotional) mess it would be if something unexpected happened to me. So, at the ripe old age of 30, I had an attorney prepare my: Last Will and Testament Revocable … [Read more...]
More Secrets to Wealth
Wealth is 80% psychology and 20% mechanics. (You can read more about it here.) Keith Cunningham does a great job going over 7 wealth strategies and I would like to share. Pay Yourself First: The oldest and most proven point to wealth creation (that would include investing). Discipline: Not wanting it all at once, saving, planning. Life Style vs. Wealth Creation: Living a little less expensive lifestyle in order to accumulate wealth. Focus & Freedom: Making powerful habits when it comes to money, focusing on the importance of wealth. Financial Competence: Have some … [Read more...]
Video Testimonials
Having a patient give you a video testimonial for your website or YouTube page can do wonders for your business. It’s a proven fact that people will stop and look at videos much more than read text (ask Facebook). Many businesses think that it will take too long and that expensive equipment is needed to make a “professional” quality video. Wrong! If your patient has 1 minute and someone in your office has a cell phone (LOL), you are ready to go. Ask your satisfied patient if they would give you a favor and do a quick 30 second to 1 minute video telling about their positive experience … [Read more...]
Accomplishing Your Goals
“If your WHY is big enough, you will figure out the HOW” We have all been there. You want to make some type of a “move” in your life. You think and dream about it. You picture yourself there. Then you get so bogged down in trying to figure out “how.” All the steps, how much money it will take, the consequences, etc. and soon, what happens? Not only do you not take some small steps, you take no action at all! If you stop and think about it, in the end, you probably didn’t have a strong enough “why.” If you did, you would have figured out the “how!” People do amazing things when their … [Read more...]
The Stock Market
Many of you shudder when the words “Stock Market” are uttered and many of you have no clue how it works or why it works. I will not attempt to educate you on the subject in this small space. There are only a few keys words or phrases that you need to know to become a success in the stock market over time. The Stock market is your friend and, like a good friend, if you become familiar with it, stay with it and pay attention to it. It will make you happy. Diversify - Don’t put all your eggs in one basket. Don’t be flopping in and out of the market - ride the roller coaster. Adjust … [Read more...]