Get your free How to Become a Financial Beast Book at www.financialbeastbook.com

Are investment fees really the silent killer of your portfolio, or is the real danger in ignoring the bigger picture? In this episode of the Financial Beast podcast, we uncover the truth about investment fees and reveal what truly drives long-term financial success. Learn how focusing on behavior, systems, and comprehensive planning can help you take back CONTROL of your financial destiny, maximize the value of your practice, and build personal wealth.

Practice owners, it’s time to stop chasing low-cost index funds and start building a system that works for YOU. We break down why the right financial advisor can add far more value than most realize—helping you navigate debt management, tax planning, wealth building, and even lifestyle behavior. Discover how to close the wealth gap and secure your financial freedom with proven strategies.

At Econologics Financial Advisors, we specialize in helping healthcare practice owners like you expand your business, pay yourself first, and grow your net worth—all through a customized financial system. Become a Financial Beast and start transforming your financial future today. Visit EconologicsFinancialAdvisors.com to learn more and schedule your consultation.

Remember, a strong plan backed by expert advice is your key to financial freedom. Don’t let myths about fees hold you back—take charge now!

#financialadvisorpracticemanagement #riskmanagement #financialstabilityboard #advisoryfees #financialadvisorprospecting

CHAPTERS:

00:00 - Intro

01:00 - Welcome Back to Financial Insights

02:10 - Debunking the Fee Myth in Investing

05:50 - Understanding Investment Fees and Value

10:20 - The True Value of a Competent Financial Advisor

12:16 - Measuring Your Financial Advisor's Value

17:05 - Importance of Accountability in Financial Behavior

21:01 - Do You Need a Financial Advisor?

22:10 - Getting Started with EFA (Education for Advisors)

22:55 - Starting Your Journey with Eric Gersh

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If you would like a free consultation, please visit econologics.com or call us at 727-588-1540

Get Social With Us!

LinkedIn: https://www.linkedin.com/company/econologics

Facebook: https://www.facebook.com/econologicsfinancial

YouTube: https://www.youtube.com/@FinancialBeast

Twitter: https://twitter.com/FinancialBeasts

Instagram: https://www.instagram.com/financialbeastmode/

Website: https://econologicsfinancialadvisors.com/

Econologics Financial Advisors, LLC (‘EFA’) is registered with the Securities and Exchange Commission as an investment advisor. (Such registration does not imply a certain level of skill or training.) EFA provides investment advisory services only in states where it is permitted to do so under state laws and only to the extent permitted thereby. This communication is not an offer to sell or effect any transaction in securities. Neither EFA nor its affiliates provide legal, tax or accounting advice. Please consult a qualified attorney or accountant. Results are not guaranteed and will vary depending on the specific circumstances of each individual and on other factors.

Visit www.financialbeastbook.com to download your free book!

Are hidden profit drains quietly killing your practice’s growth and financial freedom? Take back CONTROL today! In this episode of the Financial Beast Podcast, Eric Miller and Eric Gersh reveal the 3 biggest profit killers that might be sabotaging your business. From overstaffing to avoiding price increases to ignoring patient follow-ups, discover actionable strategies to maximize the value of your practice, build personal wealth, and accelerate your journey to financial freedom.

Whether you're aiming to reinvest in your business, fund a better lifestyle, or fast-track your retirement in 7-10 years, this episode is packed with insights to help you become a Financial Beast. Learn the secrets to optimizing your staffing, setting appropriate pricing, and managing accounts receivables—all while ensuring you deliver top-tier care to your patients.

At Econologics Financial Advisors, we specialize in helping healthcare practice owners like you expand your business, create sustainable profit margins, and secure your financial future. Backed by years of expertise, our proven strategies have helped countless practice owners break free from financial stress and take control of their wealth-building journey.

Get started today by exploring our financial training and wealth-building courses designed for practice owners. Remember, financial freedom starts with knowledge and action. Subscribe now and join the movement to become a Financial Beast!

#veterinaryeconomics #financialinsights #practicemanagement #dentalpracticemanagement #financialmanagementclass12

CHAPTERS:

00:00 - Intro

00:56 - Welcome Back to the Channel

01:54 - Understanding Profitability in Business

04:06 - Addressing Overstaffing Issues

09:51 - Strategies for Price Increases

13:41 - Ensuring Patients Follow Appropriate Regimen

19:23 - Managing Accounts Receivable Effectively

22:07 - Implementing Profitability Levers Successfully

23:23 - Outro

_________________________________________________________________________________

If you would like a free consultation, please visit econologics.com or call us at 727-588-1540

Get Social With Us!

LinkedIn: https://www.linkedin.com/company/econologics

Facebook: https://www.facebook.com/econologicsfinancial

YouTube: https://www.youtube.com/@FinancialBeast

Twitter: https://twitter.com/FinancialBeasts

Instagram: https://www.instagram.com/financialbeastmode/

Website: https://econologicsfinancialadvisors.com/

Econologics Financial Advisors, LLC (‘EFA’) is registered with the Securities and Exchange Commission as an investment advisor. (Such registration does not imply a certain level of skill or training.) EFA provides investment advisory services only in states where it is permitted to do so under state laws and only to the extent permitted thereby. This communication is not an offer to sell or effect any transaction in securities. Neither EFA nor its affiliates provide legal, tax or accounting advice. Please consult a qualified attorney or accountant. Results are not guaranteed and will vary depending on the specific circumstances of each individual and on other factors.

Visit www.financialbeastbook.com to download your free book!

Ready to learn smart, effective ways to exit your practice without going corporate? If you’re a healthcare practice owner, this is your chance to take back CONTROL of your financial future! In this video, we reveal three powerful strategies to help you exit your practice on your terms, ensuring you maximize the value of your hard work while safeguarding the well-being of your employees, patients, and community. Whether you're planning to retire, expand, or simply want a new chapter, this video is packed with actionable insights to help you achieve financial freedom.

Discover how to build personal wealth and create a stress-free exit strategy by exploring private sales, partnerships, and internal ownership transitions. Learn how these alternatives can empower you to step away from the day-to-day grind without sacrificing the legacy of your practice. Plus, hear expert advice from Eric Miller, author of the bestselling book, “How to Become a Financial Beast,” designed to help you master wealth-building and optimize your practice's profitability.

At Econologics Financial Advisors, we specialize in guiding healthcare owners like you to financial independence. Remember, you have options beyond corporate buyouts—options that align with your goals and values. Ready to transform your practice and your future? Watch now and start building your Financial Beast journey today!

#moneyguyshow #sellingadentalpractice #dentalpracticetransition #realestate #practiceexitstrategies

#financialplanningfordentists #financialfreedomforphysicians #financialplanningforphysicians #financialfreedom #financialeducation

CHAPTERS:

00:00 - Intro

00:50 - Business Overview

02:15 - Selling to Competitors

10:24 - Internal Sales Strategies

12:35 - Selling Your Practice to Associates

17:28 - Seller Financing Options

21:35 - Investing Your Payments

24:01 - Alternatives to Corporate Sales

24:24 - Structuring Sales for Tax Minimization

24:48 - Weekend Message

_________________________________________________________________________________

If you would like a free consultation, please visit econologics.com or call us at 727-588-1540

Get Social With Us!

LinkedIn: https://www.linkedin.com/company/econologics

Facebook: https://www.facebook.com/econologicsfinancial

YouTube: https://www.youtube.com/@FinancialBeast

Twitter: https://twitter.com/FinancialBeasts

Instagram: https://www.instagram.com/financialbeastmode/

Website: https://econologicsfinancialadvisors.com/

Econologics Financial Advisors, LLC (‘EFA’) is registered with the Securities and Exchange Commission as an investment advisor. (Such registration does not imply a certain level of skill or training.) EFA provides investment advisory services only in states where it is permitted to do so under state laws and only to the extent permitted thereby. This communication is not an offer to sell or effect any transaction in securities. Neither EFA nor its affiliates provide legal, tax or accounting advice. Please consult a qualified attorney or accountant. Results are not guaranteed and will vary depending on the specific circumstances of each individual and on other factors.