The Freedom Formula for Physicians | How Doctors Cut Debt & Slash Taxes | Business Of Medicine | Financial Education

This podcast features an interview with Dr. Ilene Brenner, MD. the author of “How to Survive A Medical Malpractice Lawsuit- The Physician’s Road Map to Success”. Lately, I hear a rumbling with many physicians that they are more and more concerned about Malpractice lawsuits. Every doctor wants to avoid being sued, but few doctors know what the heck to do once it happens. This interview reveals the following: – The two most critical things you should do when you get served AND what you should never do (Hint: You could make the lawsuit worse by doing these two things!) – The three questions you should ask a lawyer before you hire them & how to deal with your malpractice insurance company. – How to deal with a malpractice lawsuit when you are part of a practice as opposed to a hospital – How other doctors perpetuate the problem of malpractice lawsuits – Learn what inspired Dr. Brenner to start her blog and where the real money is once you have your own platform For all the show notes, tons of free resources, and the full transcript, visit the podcast website at www.doctorfreedompodcast.com 

This podcast features an interview with author Dennis Hursh. Welcome back to a throwback episode! This interview reveals the following: – The one critical thing EVERY physician should know about contracts – How to understand the HUGE differences between productivity models, and which productivity model is the worst – Learn what is negotiable and what is NOT negotiable in your contract For all the show notes, loads of free resources, and the full transcript, go to www.doctorfreedompodcast.com 

Check out Dike Drummond's interview! As a matter of fact, this is the very first podcast episode that I ever recorded. Dike is an amazing guy and I know you'll love the interview. Please forgive the audio quality as I called in on my cell phone- I sound like crud, but Dike sounds clear. Anyhow, what's so great about this episode- Dike is on a mission STOP the downward spiral of physician burnout with field tested, doctor approved techniques discovered through thousands of hours of one on one coaching with physicians facing career threatening burnout. He is a Mayo trained family doctor, executive coach, speaker and consultant on burnout prevention for physicians in all specialties. He is CEO of TheHappyMD.com - where you can find the tools so YOU can be a Happy MD. His online community of over 4000 physicians from 63 different countries has allowed him to create and test the lessons in the real world of practicing doctors in this rapidly changing healthcare environment. This interview reveals the following: - The top indicator of physician burnout and what your family can do to help - How to deal with the head trash of your inner critic - How doctors can transition to create new income streams and have less stress Enjoy and let me know if you like this throwback episode! I'm planning on having one or two come out every single week for the next month. You can find more podcasts, show notes, and the whole transcript at www.doctorfreedompodcast.com 

This Is Not The End BUT....I will be taking a break from producing new podcasts for a while.  As you all know by listening to the podcast over the years I am a fan of side hustles. I have had to evaluate my ventures, time and financial requirements and make a decision to cut one of my side hustles in order to be more successful in a couple of ventures. We will be not be going away, we will be rebroadcasting season 1 in 2019 then re-evaluating and possibly restarting fresh in 2020. In this podcast you will: Acquire some of Dave's favorite guests over the past 4 seasons Discover why Dave is rebalancing his time and schedule Find out how this will help his family financially For all the show notes, transcription and more, check out the podcast website at http://doctorfreedompodcast.com/

Discover the love story that David and Cyrena Denniston have shared together the past 15 years. They met in college and have moved halfway across the country to start Dave's career. They have faced many obstacles along the way are able to come out stronger than ever before.     Physicians have made huge impacts on their lives and their family more than once or twice. Both of their daughters and Cyrena have had medical issues that have required a lot of time in hospitals.  The Denniston's share their story and the resources they have used throughout there marriage.   In this podcast you will: Discover the story of how Dave and Cyrena met and fell in love. Learn the story of the birth of their first daughter, Gabby. Find out what it was that led them to move to Minnesota and start a new venture. Acquire some of the challenges they faced professionally and within their marriage. Learn Cyrena's view on Dave's side hustles and how he/they balance work and family. For all the show notes, transcription and more, check out the podcast website at http://doctorfreedompodcast.com/

In this unique podcast, you will get to hear a double interview....yes that's right a double interview. Dave is interviewing a fellow land investor, Kenyon Zitzka, at the same time Kenyon is interviewing Dave for his podcast. Kenyon Zitzka has been in the Navy for 20+ years in active duty and in the reserves. As he has started to near military he has started to invest in flipping land, started a podcast and is a discipline coach.    Please help me welcome Kenyon Zitzka, Welcome Kenyon! In this podcast you will: Acquire the necessary qualities and characteristics that are needed to be successful in the land business. Discover who land investing is not for or who would not be successful flipping land. Learn why Dave started the podcast and what other side hustles that he has tried and currently is pursuing.  For all the show notes, transcription and more, check out the podcast website at http://doctorfreedompodcast.com/

Entrepreneurship, Side Hustles...we all know this is a passion of mine. More than a few times, you may have heard about my latest adventures in land flipping, but don't take my word for it...Jeff Dettmer is a fellow land investor and has owned and sold numerous business throughout his career. Everything from printing businesses to landscaping businesses to now flipping land. Please help me welcome Jeff Dettmer, Welcome Jeff!   In this podcast you will: Learn how Jeff learned about business and what drove his motivation to become a serial Entrepreneur. Discover how advancing technology has sculpted the way that Jeff has bought and sold companies in that past. Find out the differences in single family home, self-storage, and commercial real estate and what the pros and cons are. Learn the tips and tricks that Jeff gives beginners in real estate and business ownership. For all the show notes, transcription and more, check out the podcast website at http://doctorfreedompodcast.com/

Welcome back to the latest episode of the Freedom Formula for Physicians podcast.  This show my friends is about helping you slash your debt, slash your taxes and live a liberated lifestyle. About once a month I bring someone on the show that have some unique perspectives. Our next guest, Randy Krivo of Sunbelt Advisors, has 35+ years of experience in Business Ownership, Management, Sales/Marketing Management, and Business Consulting. He has since become an entrepreneur buying and selling multiple businesses over the years.   Please help me welcome Randy Krivo, Welcome Randy!    In this podcast you will: Discover how physicians can buy a practice when they have large student loan debt (HINT: you may be surprised by the requirements). Acquire different ways that you can purchase a practice depending on your financial situation, some of which are very unique. Learn the different ways that buyers can be paid out on their purchases Find out what practice types are more favorable to bank financing and why.  For all the show notes, transcription and more, check out the podcast website at http://doctorfreedompodcast.com/

BURNOUT...WE HAVE ALL BEEN THERE.  Burn out affects 51% of physicians at some point throughout there career. Our next guest us a doctor and has been there and done that. She has been trained in neurology and psychiatry and today is now a certified high-performance coach. Helping physicians overcome burnout, apathy, and income stagnation. Please help me welcome Suja Johnkutty, Welcome Suja!   In this podcast you will: Discover why she decided to quit being a physician and begin to help other physicians manage their burnout. Learn how Suja's family influenced her views on money and debt. Acquire how she balanced residency, having a baby and living in expensive New York City and burnout. Discover how her values on money and school debt will affect her kids as they start college; what lessons she is teaching her kids. Receive the advice she would give to new residents/medical students as they begin their careers. For all the show notes, transcription and more, check out the podcast website at http://doctorfreedompodcast.com/

Every so often, I like to let you know about an interesting, helpful book I read. My friend, Mark Podolsky, gave me this book to read.  I have been an avid reader in the past and enjoy the time reading. These days I do not have much spare time to read, but it was nice to take the time to read this book. The book tends to read as a book that is giving advice on how to improve productivity at work and within organizations.  A lot of the ideas can be transferred into other parts of your life.    In this podcast you will: Learn the five emotional stages people move through when making changes in their lives. Acquire Dave's view on the overall book and the way of life that this book recommends. Discover which chapter was the most beneficial to Dave and how he manages and multi-tasks his different businesses. For all the show notes, transcription and more, check out the podcast website at http://doctorfreedompodcast.com/  

Welcome back to the Freedom Formula For Physician's Podcast.  If you have been listening to me for the last year, or maybe you're brand new, what I'd like you to do is go back to the archives, and check out season 3, where I started going through this process of acquiring other assets, trying to create multiple income streams.  So this is the Quarter 3 2018 update.  I'll be discussing my online business, this podcast, and my latest craze, land flipping while walking you through my highs, my lows, and the specifics of these various ventures. In this podcast you will: How was Dave's experience with a new sponsor and the podcast Discover what's going on with the city building kit and some unexpected opportunities that have come along and how it has affected the revenue Dave has a new curveball that came up this quarter with the land business Know the lessons I'm learning along the way For all the show notes, transcription and more, check out the podcast website at http://doctorfreedompodcast.com/

Have you been wondering- how is the tax reform going to affect me and my taxes? If you have been grappling with these kinds of questions or if you are simply curious about them, you are going to love our next guest. Our next guest’s expertise lies in the area of tax planning. Her goal is to make sure successful entrepreneurs across the United States are paying the least amount of income tax they can legally pay. As a tax coach, she offers a FREE tax analysis for those interested in finding out if they are overpaying their income taxes. Her goal is to save taxes one business at a time through the use of pro-active tax planning. As a matter of fact, I ran across her because I heard her in another podcast and thought she could add a ton of value to you. I know we’re going to learn a ton today. Please help me welcome Diane Gardner! In this podcast you will: Discover the changes for W-2 earners and 1099 earners. Learn what the New Qualified Business Deduction is and who qualifies for that deduction. Discover what the Medical Expense Reimbursement Plan (MERP) is and what business types could benefit. What is the best way to save on taxes and how it will benefit you in the future. Acquire Diane's theory on the new tax bill and how it will affect most Americans. For all the show notes, transcription and more, check out the podcast website at http://doctorfreedompodcast.com/

On the Married To Doctors Podcast, Lara tries hard to push away the stereotypical “doctor-wife” image and really dig into the hard questions with my guests. I ask about loneliness, debt, communication, romance, moving, parenting, and much more. This October we are doing a series of podcasts featuring Dave being interviewed on other podcasts. In this podcast you will: Discover Dave's personal story as to why he works with doctors and started his podcast. Compare and contrast the W2 vs 1099, is there a risk of being an independent contractor? Learn about the public service loan forgiveness program and how it can benefit your student loan debt. Learn the difference between an LLC and an S Corp. Discover how tax deductions help business owners and the common tax deductions that he sees physicians miss all the time.   For all the show notes, transcription and more, check out the podcast website at http://doctorfreedompodcast.com/

Welcome back to the latest episode of The Freedom Formula for Physicians Podcast. “I want to see every physician lower their taxes, destroy their debt, and enjoy a joyous, liberated lifestyle so that they can focus on what they love most- their families, their patients, and the activities that give them joy.” – David Denniston This October we are doing a series of podcasts featuring Dave being interviewed on other podcasts. This interview is with Buck Geoffry with the Wealth Formula Podcast. In this podcast you will: Discover the differences in views that Dave and Buck have in investing. Acquire Dave's view on the new tax bill and how it is going to affect the taxpayer going forward. Learn how Dave views the current economy and where we are headed. Discover the differences and the benefits of each: piles of cash vs rivers of income. Acquire some tax tips where Dave thinks that taxpayers can save money. For all the show notes, transcription and more, check out the podcast website at http://doctorfreedompodcast.com/

This October we are doing a series of podcasts featuring Dave being interviewed on other podcasts.  This is the interview where I was featured on Docs Outside the Box Nation. We discuss how you can learn to manage taxes more efficiently. Don’t dismiss this podcast – you’ll going to learn a lot from this interview. This is a very important subject especially if you plan on living outside the box, which is quite different than a W2 situation. In this podcast you will: Discover Dave's personal story as to why he works with doctors and started his podcast. Compare and contrast the W2 vs 1099, is there a risk to being an independent contractor? Learn about the public service loan forgiveness program and how it can benefit your student loan debt. Learn the difference between an LLC and an S Corp. Discover how tax deductions help business owners and the common tax deductions that he sees physicians miss all the time. For all the show notes, transcription and more, check out the podcast website at http://doctorfreedompodcast.com/