Questions? Thoughts? Send a Text to The Optometry Money Podcast! How do you track progress toward financial independence? How do you know if you're on track, or how much you'll need to make work optional? On this episode, Evon talks about how to measure and track financial health, and specifically, one metric optometrists can use to track their progress toward financial independence. As mentioned in the episode, if you'd like to take a look at your own financial health scorecard and have a conve...
Sep 07, 2022•21 min•Ep. 22
Questions? Thoughts? Send a Text to The Optometry Money Podcast! How important is your mentality to the success of your optometry practice? How important are your beliefs about your abilities, your practice, or the optometry profession? Bethany Fishbein, CEO of the Power Practice and co-owner of her own optometry practice, joins Evon to talk about how critical mindset is to the practice's success - or lack of! We also dive into common mentalities and beliefs we've seen that limit the potential o...
Aug 31, 2022•59 min•Ep. 21
Questions? Thoughts? Send a Text to The Optometry Money Podcast! What is the benefit of using an independent optical lab? How do optometry private practice owners maintain control over their practices and profitability? Ben Collier, founder and CEO of Independent Optical Lab, joins Evon to talk all about this and more! They dive into the benefits of using an independent optical lab vs. a corporate lab. They also discuss the biggest challenges he sees private practices facing - from consolidation...
Aug 24, 2022•40 min•Ep. 20
Questions? Thoughts? Send a Text to The Optometry Money Podcast! How should optometrists approach student loan planning in 2022? Evon gives an update on the state of federal student loans, what to expect with the payment freeze, and revisits the two primary approaches each optometrist should consider when planning how to pay their student loans. Have questions on anything discussed or want to have topics or questions featured on the show? Send Evon an email at evon@optometrywealth.com . Check ou...
Aug 17, 2022•36 min•Ep. 19
Questions? Thoughts? Send a Text to The Optometry Money Podcast! John Wiley of Eye Deal Solutions joins Evon to talk all about solving the HR and administrative headaches in optometry practices. We talk about PEOs - Professional Employer Organizations - and how they help relieve the HR burdens from the practice owner and staff. We also dive into different ways to spice up the employee benefits in the practice, as many practices are working through difficulties keeping and attracting employees. H...
Aug 10, 2022•1 hr•Ep. 18
Questions? Thoughts? Send a Text to The Optometry Money Podcast! How do you assess the health of your optometry practice? What metrics should you look at? Dr. Chad Fleming, OD, FAAO returns to the podcast to talk all about checking the health and performance of your practice. He talks about the importance of scheduling time to step away from the day-to-day, four metrics he uses in his own practice, the importance of culture in practice performance, and more. He's a wealth of knowledge, and there...
Aug 03, 2022•1 hr 8 min•Ep. 17
Questions? Thoughts? Send a Text to The Optometry Money Podcast! Dr. Ryan Gustus - co-owner of Eyecare Associates and LensQuote - joins Evon to talk about his experience buying into an optometry practice and what he's learned about practice ownership. They dive into how he learned to become an owner and about leadership, what he'd look for in a future partner, frictions and areas to improve in the patient experience and sales process, their thoughts about how ODs should approach selling, and so ...
Jul 27, 2022•1 hr 5 min•Ep. 16
Questions? Thoughts? Send a Text to The Optometry Money Podcast! What actions should optometrists take when stock markets are declining? Evon walks through some historical context around declines and bear markets, the importance of staying invested for the long term, and touches on a few actions you can think about taking with your investments during declines. Have questions on anything discussed or want to have topics or questions featured on the show? Send Evon an email at evon@optometrywealth...
Jul 20, 2022•36 min•Ep. 15
Questions? Thoughts? Send a Text to The Optometry Money Podcast! What's the process to get financing for your cold-start? How do you get funding to buy into a practice? David Tessier with Wells Fargo Practice Financing joins Evon to talk all about practice financing. They dive into what goes into cold-start financing, what the loan terms look like, practice acquisition lending, and what he's seen lead to a good transition from selling to buying doctors. Have questions on anything discussed or wa...
Jul 13, 2022•1 hr 7 min•Ep. 14
Questions? Thoughts? Send a Text to The Optometry Money Podcast! Evon joins Dr. Nick Lillie as a guest on his podcast, The Ultimate OD Podcast to talk all about their experience growing their businesses. He invited Evon on to talk about his experience taking the leap and cold-starting a business from scratch, why he serves only optometrists, tips for practice owners to help their businesses, and more. It was a blast, and Dr. Lillie's podcast is a great listen worthy of subscribing. He has so man...
Jul 06, 2022•46 min•Ep. 13
Questions? Thoughts? Send a Text to The Optometry Money Podcast! It's time for a mid-year financial health checkup on your optometry practice! Yuri Kapilovich, CPA and managing partner of his firm, Kapilovich and Associates, talks with Evon all about how to check the health of your practice from a financial and tax planning standpoint. They go over what financial statements to look at, a few tests to look at for business health, and tax planning considerations for the second half of the year. He...
Jun 29, 2022•56 min•Ep. 12
Questions? Thoughts? Send a Text to The Optometry Money Podcast! How should you navigate mortgage decisions in a crazy housing AND mortgage market? Troy Root, Mortgage Advisor in Central California, joined me on today's episode to talk all about how to navigate mortgage decisions, alternatives to the conventional 30-year mortgage, what's involved in underwriting, ways to restructure a mortgage without refinancing, and more. It was great to have so much experience in the mortgage industry on the ...
Jun 22, 2022•59 min•Ep. 11
Questions? Thoughts? Send a Text to The Optometry Money Podcast! How do you build an optometry practice to multiple locations? How do you establish a great culture? Dr. Andy Yaryan, owner of Yaryan Eye Care Center, joins Evon to talk about how he took on a practice right out of college, grew it to three locations, and how he reviews the health of the practice. He also talks about how important culture is to a practice and how he evaluates culture. Finally, he reveals how important coaching was t...
Jun 15, 2022•1 hr 3 min•Ep. 10
Questions? Thoughts? Send a Text to The Optometry Money Podcast! Dr. Nick Lillie joins Evon to talk about all the lessons he's learned from 10 years of practice ownership. Dr. Lillie owns Family Vision Optical in Allendale, Michigan, and hosts the Optometry: The Ultimate OD Podcast. He talks about lessons learned from cold-starting an optometry practice, how to build the team, how he's approaching adding an associate, when to add a specialty to the practice, and so much more. He has a great mind...
Jun 07, 2022•1 hr 19 min•Ep. 9
Questions? Thoughts? Send a Text to The Optometry Money Podcast! Is it possible to build a specialty-focused cold-start optometry practice? Do you need to take insurance or have an optical? Dr. Miki Lyn Zilnicki and Dr. Jessica Licausi join Evon to talk about how they built their cold-start optometry practice, Twin Forks Optometry. What's fascinating about their practice is it's been a pure specialty practice focused on vision therapy from day one. They've never had an optical and take very few ...
Jun 02, 2022•44 min•Ep. 8
Questions? Thoughts? Send a Text to The Optometry Money Podcast! What is disability insurance? Why is it important for optometrists? How does it work? May is Disability Insurance Awareness Month! David Bennis, Income Protection Consultant at Truluma, joins Evon to have a deep-dive conversation on how to protect your income from disability. After all, your income is your biggest asset. David and Evon talk about why disability is an import part of every optometrist's financial planning, the differ...
May 26, 2022•57 min•Ep. 7
Questions? Thoughts? Send a Text to The Optometry Money Podcast! How should associate optometrists prepare to become practice owners? When should practice owners bring on associates and co-owners into their optometry practice? How do you evaluate a potential partner? Dr. Chad Fleming, OD, FAAO joins Evon on the show to talk about those questions and more. Dr. Fleming brings 20 years experience as an OD and practice owner to the conversation. He and Evon dive into contract negotiations, deciding ...
May 18, 2022•1 hr 4 min•Ep. 6
Questions? Thoughts? Send a Text to The Optometry Money Podcast! Where are the bottlenecks in your optometry practice? How do you uncork them? On the latest episode of The Optometry Money Podcast, Perry Brill talks about this and much more. Perry has several years of experience managing the operations of a successful private optometry practice, to go along with years of experience and great insights on eye care technology and marketing. Perry dives into practice operations and bottlenecks, what ...
May 11, 2022•1 hr 3 min•Ep. 5
Questions? Thoughts? Send a Text to The Optometry Money Podcast! What are the steps to launch a successful optometry cold-start practice? Erich Mattei, President and Chief Vision Officer of Akrinos, joins Evon to dive into that question and more. Erich shares whether there are still opportunities for optometry cold-starts in today's environments, the steps in the cold-start process from idea to doors open, how to prepare for practice financing, what to look for in the practice location, what a s...
May 04, 2022•1 hr 7 min•Ep. 4
Questions? Thoughts? Send a Text to The Optometry Money Podcast! Cold-starting an optometry practice can be one of the most rewarding and challenging experiences for an optometrist. What does it take to be successful from the beginning? Evon dives into 3 factors that can make or break your cold-start before it even begins. Have questions on anything discussed or want to have topics or questions featured on the show? Send Evon an email at evon@optometrywealth.com . Check out www.optometrywealth.c...
Apr 27, 2022•23 min•Ep. 3
Questions? Thoughts? Send a Text to The Optometry Money Podcast! What do you need to plan for if you're a 1099 independent contractor optometrist? Evon dives into some of the financial and tax planning considerations for 1099 independent contractor ODs. Taxes, benefits, retirement plans, and more! There are definitely some differences from traditional W2 employment you won't want to miss. He also goes over some financial planning steps and action items to keep in mind as you go this route in you...
Apr 20, 2022•32 min•Ep. 2
Questions? Thoughts? Send a Text to The Optometry Money Podcast! Welcome to the first episode of The Optometry Money Show, a podcast dedicated to helping optometrists nationwide make better and better decisions around their money, careers, and practices! Evon gives a short intro to the show, talks about what to expect, the topics he'll cover, his focus on ODs in the first half of their careers, and more. To learn more about Evon, his financial planning firm Optometry Wealth Advisors, or for more...
Apr 15, 2022•6 min•Ep. 1
