Episode 26 - Financial independence (or FIRE, if you're into retiring early) is the Holy Grail of personal finance. Achieving it takes work and a lot of time, and few people unlock secrets to getting there quickly. Dr. David Draghinas has managed to find an uncommon niche that will help you achieve financial independence. He joins us on The Scope of Practice Podcast today to tell us how to do it. For years, he has been perfecting his technique for investing in short term rentals (like what you'd...
Oct 12, 2020•52 min•Ep. 26
Episode 25 - The number one cause of divorce in America is money fights and money problems. If you can get on the same financial page as your spouse, you'll be much more likely to have a stable, happy marriage. My guest this week is Ryan Inman, host of the Financial Residency podcast. He has coached hundreds of physician couples to succeed with their finances. As you'll hear in this episode, one key to succeeding in marriage is to learn how to communicate about money. Fortunately, it's not that ...
Oct 05, 2020•55 min•Ep. 25
Sunday Special 05 - It's difficult to face the unknown. When you graduate from residency or fellowship and you’re looking for your first job, you don’t really know exactly what to expect. Maybe you’re moving to a new city or state. Maybe it takes you far from your family. Maybe it’s a completely new practice setting. Are you ready to take a leap of faith? Dr. Steven Dalton knows exactly what that's like. Well, imagine working in one job for over a decade and then feeling like God was calling you...
Oct 04, 2020•49 min
Episode 24 - What does it really take to run a business? What does it take to be a leader? How do you do all of your work and help grow a thriving practice? These are important questions for any physician. This week, we get a chance to have some of these questions answered by Dr. John Michels, a physician entrepreneur with a very unusual path to medicine. Dr. John Michels won the Super Bowl as an offensive tackle for the Green Bay Packers. He unfortunately suffered a career-ending knee injury in...
Sep 28, 2020•52 min•Ep. 24
Episode 23 - If you think your business isn't creating enough profit, you're probably right. But, it's not for the reason you think! The reason you're not taking home enough profit is because you're not taking out profit first! In this week's episode, Mike Michalowicz argues that the traditional model of business (Revenue - Expenses = Profits) is wrong. Instead, you should use this model: Revenue - Profit = Expenses. Take profit out of the business first, then use the remaining money to pay taxe...
Sep 21, 2020•29 min•Ep. 23
Episode 22 - Have you thought about building a side hustle to help you diversify your income and create a more financially secure position? Dr. Heather Hammerstedt did more than just think about it. She built a non-profit organization to provide emergency care in Africa, then built a physician coaching business that now makes over $50,000 per month. Guess what? She does all of this while still having a full-time emergency medicine practice and being a mother! In this episode, she shares her expe...
Sep 14, 2020•55 min•Ep. 22
Episode 21 - Have you ever wondered if you had the right kind of life insurance coverage? How about the right amount of coverage? Are you concerned you're paying for things you don't need? The life insurance industry is FULL of people who want to take your money and give you as little as possible in return. Fortunately, Dr. Stephanie Pearson knows all about life insurance from both a physician and broker perspective. If you've ever sat with a life insurance salesperson, you probably felt like yo...
Sep 07, 2020•58 min•Ep. 21
Sunday Special 04 - Many people are afraid to express their faith in their career. Sometimes that's because they're afraid of retribution. Most of the time, it's because of a fear of rejection. But, there is room for faith in medicine! Dr. Harry Karydes has great insights into how one can express one's faith in their medical career. If you've wondered what you can do to show your faith in your medical profession, this conversation will inspire and encourage you! Dr. Karydes has spent a lot of ti...
Sep 06, 2020•50 min
Episode 20 - The Direct Primary Care (DPC) model is disrupting the marketplace of the modern healthcare industry. It's a good thing too, since the U.S. is projecting a massive shortage of physicians over the next 20 years. Dr. Paul Thomas has become a national expert in the DPC model, having successfully built his own direct primary care practice over the last few years. In this model, he sees 5-6 patients a day, makes a middle six-figure salary, and has tremendous patient satisfaction scores. I...
Aug 31, 2020•59 min•Ep. 20
Episode 19 - Let's face it, most physicians were either unhappy with their career or struggling with their personal finances (or both!) BEFORE the COVID-19 craziness hit us! You're not imagining the difficulty we've been facing, but maybe you were already struggling with challenges of your own even before the shutdown happened. Fortunately, Dr. Cory Fawcett has some phenomenal tips to share with all of us to help us build the career and financial success we deserve ! He has written five books wh...
Aug 24, 2020•59 min•Ep. 19
Episode 18 - If COVID-19 has wreaked havoc on your life, you probably find parts of your life feeling off-balance. Most physicians I talk to have felt that way for months! Dr. Dawn Baker has written extensively about how to find and maintain work/life balance , and she joins us on The Scope of Practice Podcast today to share her insights. What if you could feel like you are totally balanced between all the parts of your life? What would it take? What would you give for that? Dr. Baker has some a...
Aug 17, 2020•50 min•Ep. 18
Episode 17 - Let's face it, COVID-19 has destroyed a lot of businesses. A lot of people had their dreams and life savings invested in a business that is just gone. Even physicians have seen their business or entire hospital close. Is it impossible to just start over, or to grow your business following the COVID shutdown? Dr. Glenn Vo doesn't think so! Dr. Glenn Vo is a full-time dentist and thriving entrepreneur who started the group "Nifty Thrifty Dentists." He has an entrepreneurial mindset an...
Aug 10, 2020•58 min•Ep. 17
Episode 16 - If your business doesn't rank #1 on Google, you're losing business! Unfortunately, the best physicians don't always get the most business. A lot of times, it comes down to who has the best marketing strategies. If you have the best messages and the clearest communication, you're more likely to win. Go Google your business right now! If you're not on the first page for your specialty in your area, it's likely that you're losing business to your competitors. This week, Kelley and Just...
Aug 03, 2020•1 hr 3 min•Ep. 16
Sunday Special 03 - The United States is in a crisis right now! It's not an exaggeration to say that there is a large percentage of the U.S. population that would love to see the American experiment end. America has been the source of the greatest expansion of wealth, promotion of freedom, and elimination of poverty in the history of humanity. Ending that would be an unmitigated disaster! America needs Jesus now more than ever!! In this episode, Dr. Pat Young talks about his experience as a phys...
Aug 02, 2020•52 min
Episode 15 - What would it be like to work in a place where everyone genuinely enjoyed working there? Wouldn't you love to have a healthy workplace environment, low staff turnover, and high productivity? According to today's guest, William Vanderbloemen, your company's success lives and dies with how effectively you develop a healthy, vibrant team culture. A good team culture doesn't develop by accident. It's something you create over time through nurture and deliberate planning. Cultivating a g...
Jul 27, 2020•54 min•Ep. 15
Episode 14 - Students loans are wrecking financial plans of physicians around the country, and no one is coming to your rescue!! Fortunately, that means that the power is in YOUR hands! But, if you're over $200,000 in debt and just starting out your career, it might seem overwhelming. Travis Hornsby is today's guest, and in this episode he walks us step by step through all of the important issues to consider as we tackle our student loans. Your student loans shouldn't crush your dreams. You dese...
Jul 20, 2020•56 min•Ep. 14
Episode 13 - Up to 80% of physicians report experiencing symptoms of burnout. >60% of all people nationally feel some degree of dissatisfaction at work. If you're one of those people, maybe it's because you feel stuck in neutral. Maybe you're just not getting what you need from the people that work with you. As Ken Coleman discusses in this episode, there's a simple fix. Here's the reality: no one cares enough to help you if you don't go help yourself. You need to seize opportunities when the...
Jul 13, 2020•49 min•Ep. 13
Episode 12 - Public speaking is the #1 fear for a huge percentage of people. Many people report that they fear public speaking more than death. But, what if you had a formula for crafting and delivering the perfect presentation? Wouldn't that make public speaking less scary? In this week's episode, Nancy Duarte breaks down the formula for the perfect speech, backed by hard science, and gives us a step-by-step plan for creating the perfect presentation. You can use these techniques for a big form...
Jul 06, 2020•50 min•Ep. 12
Sunday Special 02 - Physicians CAN be a witness for God in their career. Dr. Jason Mizell has a lot of valuable insights into how to do just that. As a medical school professor, he has worked tirelessly to serve the students and residents at the University of Arkansas Medical School. He sees it as part of his mission to ensure that he is setting a Godly example for others to follow. In this episode, Dr. Mizell shares how he navigates the difficult path of being a faithful witness and staying wit...
Jul 05, 2020•53 min
Episode 11 - How do we navigate a social media landscape that is confusing, scary, and overwhelming? 15 years ago, it was just Facebook, but now there are over a dozen platforms. We can't just ignore it, either. Business is increasingly going digital, and a lot of community-building happens digitally too. Fortunately, Dr. Dana Corriel has the answers. She is the founder of Doctors on Social Media, also known as SoMeDocs. In this episode, she walks us through the strategy to create a legendary so...
Jun 29, 2020•48 min•Ep. 11
Episode 10 - Teaching kids and students to handle their money successfully is the top goal for this week's guest. We all want our children to have a better life than we had. If we can help them not make the same mistakes we did, we can set them up for success in life. Dr. Jason Mizell has created a comprehensive curriculum for business and personal finance that he gives to his medical students. He also uses the same concept to teach his children how to be more successfully financially. Even if y...
Jun 22, 2020•53 min•Ep. 10
Episode 09 - Disability insurance is a critical piece of your overall financial plan. If you don't have it, you won't be able to provide for and protect your family in the event you become disabled. It's a type of insurance that many people don't understand, so it can seem overwhelming to think about. Fortunately, our guest this week will break down all the specifics of disability insurance and make it simple to understand. By the end of this episode, you'll know what you need to know to get sta...
Jun 15, 2020•56 min•Ep. 9
Episode 08 - Have you ever wanted to be a DIY investor but you just didn't know where to start? It's not that hard. All you need is a plan! The tax-efficient waterfall investing strategy is a great roadmap that can turn any financial novice into a DIY investor in 8 easy steps . This is a super-simple but incredibly powerful investing strategy. Any would-be DIY investor should have no trouble getting great returns using these few very simple steps. Sarah-Catherine Gutierrez is an author, blogger ...
Jun 08, 2020•1 hr 3 min•Ep. 8
Sunday Special 01 - Up to 80% of patients in surveys report an interest in having their physician pray with them. As physicians, it's good for us to find ways to care for someone's spiritual health as well as their physical health. The power of prayer is an incredible thing to witness. Regardless of your faith background, prayer has a powerful impact on a patient's well-being and state of mind. This is an exciting episode about the power of prayer. In this episode, Dr. David Levy shares his expe...
Jun 07, 2020•58 min
Episode 07 - Your competitors are getting more leads, more sales, more subscribers and more raving fans than you. Why is that? It's probably because your marketing isn't as clear as it should be . I've learned that it's critically important to be clear when you're delivering your message. You also need a clear path for people to follow in order to learn what you offer, then accept the offer and take action on it. The best brands and the best sites aren't necessarily the ones that win. The brands...
Jun 01, 2020•1 hr 5 min•Ep. 7
Episode 06 - Financial security is an illusion , if your only income is from your main job. Creating passive income , like through real estate investing, is all about gaining autonomy over our lives. The tax code is massively skewed towards favoring real estate investing. Other forms of income and investing tend to be taxed at higher rates. So, real estate is especially important for high income earners like physicians to consider. But, what if you don't have a lot of money? Or any experience? F...
May 25, 2020•57 min•Ep. 6
Episode 05 - Leadership skills are not innate. These skills have to be learned. No one is born a leader. You have to cultivate those skills through experience, hardship, and training. Dr. Scott Parazynski is an emergency medicine physician who has logged over 23 million miles in space travel on 5 space shuttle missions. He also climbed Mt. Everest. In this episode, he shares the leadership and business lessons that he's learned through his career. This is a rich episode, full of amazing stories ...
May 18, 2020•58 min•Ep. 5
Episode 04 - You can't get ahead of the competition only by being great at your business. Every business that lasts has to be good. The truly great ones, the truly remarkable ones, are the ones that are different . What are you doing to stand out in your business? Have you thought about how you can be different enough from your peers and competitors that you create fans? How can you think differently? How will you be so remarkable that your patients want to talk about you ? In today's episode, y...
May 18, 2020•55 min•Ep. 4
Episode 03 - Did you know that the top five professions for millionaires doesn't include doctors? Teachers are #3!! Why are teachers better at building wealth than physicians? In this episode, Dr. Sarah Stanley Fallaw unpacks the research behind the book The Next Millionaire Next Door . We talk about what it takes to be a millionaire in America today. You'll be amazed to see how simple it is, and you'll be blown away that more physicians don't do it. If you're less than five years out of trainin...
May 18, 2020•54 min•Ep. 3
Episode 02 - This is a master class in physician leadership . Over several decades of leading through war, pandemics, and incredible volatility, Admiral Faison has learned a lot of lessons that he shares with us here. If you think you aren't capable of being a physician leader, think again! Leaders are made, not born. So, go make yourself a leader! More wisdom from Vice Admiral Faison to help you be the physician leader you want to be: click here . Free resources Free pdf download: Creating a Pe...
May 18, 2020•51 min•Ep. 2
