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Latest podcast episodes about big life financial

Dental A Team w/ Kiera Dent and Dr. Mark Costes
How Dentists Can Capitalize on the Big, Beautiful Bill

Dental A Team w/ Kiera Dent and Dr. Mark Costes

Play Episode Listen Later Aug 12, 2025 42:26


Derick Van Ness of Big Life Financial returns to the podcast to discuss with Kiera the new realities of the recently passed One Big Beautiful Bill — and how dentists can capitalize on the impacts. They discuss bonus depreciation, research and development credits, and more. Further, there's an opportunity for DAT listeners at biglifefinancial.com/DAT, where you can learn if you're overpaying on your taxes and what new opportunities exist. Episode resources: Subscribe to The Dental A-Team podcast Schedule a Practice Assessment Leave us a review Transcript Kiera Dent (00:00) Hello, Dental A Team listeners. This is Kiera. And today I'm excited to welcome back a popular guest. He and I have chatted multiple times. We've gone around and around on different topics of how to help dentists build more wealth. So Derick, ⁓ with Big Life Financial, we talked about our research and development credits. Today we're going to be talking about this big, beautiful tax bill, how it's going to impact dentists, how it's going to impact building wealth. I do think it also impacts team members. So Derick, welcome back to the show. How are you today?   Derick Van Ness (00:29) I'm great, Kiera. I really appreciate you bringing me on the show again. It's always fun to talk.   Kiera Dent (00:34) Of course, we all know that I love wealth strategies. love ⁓ it takes time like you and I were talking about pre show. ⁓ I think it's something to educate ourselves on and to be around really smart people and to constantly be looking at different things like I know hot in the real estate world right now and with buying businesses and buying practices, the big beautiful tax bill is actually great for the bonus depreciation coming in. So just like educating ourselves and that's what I wanted today to be.   not getting high into politics. These are bills that are into place ⁓ and how to take advantage of them, how to maximize them. Derick, you work with a ton of dentists. So Derick, for those who don't know, you kind of give a little bit background on how you and I even got connected, how you got into dentistry, ⁓ how does Big Life Financial play into this. We have a lot of mutual clients together. So just kind of give people a background on who you are and how you got to the dental space.   Derick Van Ness (01:26) Absolutely, you know, I started out back in like 2010 2009 2010 helping small business owners with taxes and financial strategy I was working for another firm at the time and I had been a house flipper and if for those of you who remember 2008 wasn't so good if you're a house flipper, right and When that whole thing fell apart kind of fell in my head I took a lot of the skills that I had and a friend of mine hired me to help   Kiera Dent (01:46) It is not.   Derick Van Ness (01:55) small business owners with taxes and financial and business strategy. ⁓ Working with them, I had a chance to work with about 1,500 business owners over seven years. And then eventually went out and started doing my own thing because there were some different things that I wanted to do that they didn't offer. ⁓ essentially, in that time, I worked with a lot of dentists and a lot of doctors. ⁓ And so I kind of stayed in that arena, which led me to ⁓ meeting you, Kiera.   through Mark over at DSI and all the stuff that I'd done with him and then found you guys and just love what you guys do with helping people to build their teams. Cause I'm such a huge advocate of how important that is to have the right team to run your practice, right? Especially if you're going to have multiple practices, it just can't be about you. And so it was just kind of a natural fit. And like you said, you, you definitely love financial strategies. So.   We got into it, we talked about a bunch of different things, had a chance to work together. Like you said, have shared a lot of clients along the way, but it just seems like dentists have a lot of the problems that we solve, which is they pay a of taxes, they make good money, and most of them didn't get an MBA in college to understand how business and finances work. They've had to learn along the way. And so we see ourselves as part of that process of helping dentists become.   better business owners, better entrepreneurs, and honestly create freedom in their life instead of just having a business that runs them, because it's easy to have that happen in dentistry. So that's sort of how we got connected. I don't know, over the last, since whatever 2008, 2009 was, last 15 plus years, I've probably worked with somewhere between 2,000 and 2,500 business owners. I would say a good chunk of those have been dentists. So that's how we ended up together.   Kiera Dent (03:48) Yeah.   I love the journey. love hearing what you've done. I also agree on like building wealth. And I think going through dental school, working at the dental college, dentists are coming out with, you know, upwards of 500, 600, 700, $800,000 in debt somewhere up towards that upper million. Midwestern was a very expensive school. looking at that and then watching offices and I remember the first dentist that I worked with and we were partners. We, called her 2.5 because we were 2.5 million debt.   Derick Van Ness (04:03) Cheers.   Kiera Dent (04:18) was like, you better straighten that spine 2.5. Like we need that spine for a long time. But it was something where I realized like, that's a substantial amount of debt. One to walk out of school with two you buy a practice on top of that and then you want to try and like even remotely live your own personal life. It just felt like the odds are possibly stacked not in a dentist favor. I've had several dentists where this is the case where they're multimillion in debt, trying to get these practices off the ground. And so really coming up with   Derick Van Ness (04:43) Mm-hmm.   Kiera Dent (04:47) like yes, long-term, if they make it, awesome. Hopefully it will pay off for them. But what are maybe some strategies and tips that they can do now? I think like so many of us look at real estate and wish that we would have gotten in at the 2008 because now you're selling them out or even in 2020. And so it's like, what can people do now, even if they didn't maximize or we didn't buy practices back in the day when they were so cheap, they were pennies on the dollar. What things can we do now to maximize? I was even talking to this girl the other day.   And she's like, yeah, my baby was born on New Year's Eve. And I was like, wow, talk about a great tax write-off. And she's like, I didn't even know that that was a tax write-off. I didn't even know the benefits of things. And so I feel like just so many little pieces that could make us smarter business owners to, I'm here, I love living in the United States. I love paying taxes for the country that we get to live in. I love the opportunity that we have to be business owners. With that said, I also think it's smart for us to be very wise stewards over our money to figure out different strategies.   And no, it's not sexy. No, it's not fun. A lot of it is just like save, like invest, do the things you're supposed to do. And it's going to be part of what is it? Like the eighth wonder of the world of compound interest. Like there are other pieces, but Derick, like, let's talk about this big, beautiful tax bill. How does this work? How does this impact business owners? What are some of the benefits we can take care of? Now we're talking in 2025, things will change and shift as the landscape shifts, but knowing that's in place, what are some of the things dentists owners can do now?   to maximize that coming out.   Derick Van Ness (06:18) Yeah, you bring up a good point, Kiera. You know, it's not that this stuff happens overnight, but it is, it's systemic, right? You're doing it day in and day out. And tax is one of those things, whether you like it or not, you have to file them every year. And I'm not going to lie to you, that's part of what I like about being in the tax world is people have to do it every year. It's a pretty good business model that way, right?   Kiera Dent (06:30) Right.   I   was gonna say you've got the reoccurring opportunities because it has to happen every year just like dentists have profis every six months. I mean it's a great built-in business. mean kudos to you. I don't enjoy it but it is a necessary evil to be done.   Derick Van Ness (06:52) I totally get that. If you would have told me you're going to work in taxes even 15 years ago when I first got into it, I would have said absolutely not not interested. But what I can tell you is every dollar you make in taxes is the same as a new dollar you make in your business. Right. But you don't have to have employees and risk and additional insurance and additional equipment and all this other stuff. So it really is pure profit when you can reduce your taxes. So   even a small amount of tax strategy can go a very long way in increasing what you get in the bottom line, right? And if you could just take a lot of dentists across the country, they're in the 40 % tax bracket, maybe a little higher or lower depending on your state, but somewhere in that range, if you could even lower that by 10%, that's keeping an additional 10 % of your income. That's a lot of extra money for people to be able to save and put to work without having to go do more risk and...   buy a bigger building and do a build out and deal with more personalities in the office because all of those things are variables, right? So I see it as a pure profit machine if you get it right. And so I've chosen to think it that way because I spend so much time in it, but it really does come down to just keeping a lot more of the money you make. And it's a very potent way to do it because honestly, with 10 to 15 hours a year, so think of that as like one hour a month.   you can really add a lot to the bottom line of what you get to keep. In some cases, we can cut taxes almost in half for high, high income earners. So it's a pretty big deal.   Kiera Dent (08:25) Well, and as you said that I think it's a big deal for today because yes to have that back to you is great. But like we talked about compounding, compounding until you've experienced compounding seems like not real. Just like I think when like you have bought your first house and it's like, how am I ever supposed to do this and make money on it until you bought your first practice? A lot of those things I think feel ⁓ arbitrary, they feel false. And then once you get into the compounding world and you're like, my gosh, like   we're making money without having to do anything. It's like, yeah, I could save on my taxes in a legal, ethical way, have more money at the end of the year that I could then put towards this, like you said, make it work for me. Well, now that it's just duplicating, it's multiplying, it's replicating, those things to me are things I get excited about. Those are things that I look for, because I don't think there's a lot of money.   I call it the money making machine. What things can we put into your money making machine to where it's working for you day in, day out without you having to do any extra work? I think all of us check yes, let's say yes to that. So Derick, let's talk about how we can create more of these money making machines, putting our money to work for us rather than constantly trying to chase the money dream to where at the end of our careers and even during our careers, we're living the lives that we wanted to get to when we first started out into these careers.   Derick Van Ness (09:29) Yep.   Yeah. And I can tell you guys this, if you only walk away with one thing, it's the idea if you want to build wealth, you need to create systematic savings, right? Systematize putting money aside, whether that's actually savings account or investing or however, but just getting money out of the spending cycle and into the building cycle. And it's like watching your child, right? Like in the beginning, kids grow and it's like day to day, you don't see it, but year to year,   it starts to make a bigger and bigger and bigger difference. And then, you know, when they're teenagers, you're just like, what's happening, right? So it's the same kind of thing with your money. In the beginning, if you're just watching a day to day, you don't really see the growth. You have to trust the process, right? But the biggest thing you can do is put that on autopilot, because if you have to automatically go into your bank account every month and move money over or every year, move money over, it's much harder. And like writing,   Kiera Dent (10:28) Mm-hmm.   Derick Van Ness (10:42) 25, 50, 100, $200,000 checks feels hard. Setting aside 2,000, 3,000, 5,000, $10,000 a month, and then you cut that in half per pay period, and all of a sudden it gets a lot easier. It's like, oh yeah, $1,000 a pay period, not that big a deal. Much easier than writing a $25,000 check, right? Or two or $3,000 per pay period. It really does add up. And that's where the tax piece comes in is, in many cases, it's like found money. I try to teach our clients to...   Kiera Dent (10:46) Mm-hmm.   Derick Van Ness (11:11) save like you're going to pay full blast on taxes. And then when we do the tax strategy, all this money is left over. And so it feels like extra money, and then you can put it to work, right? And that's where you do get to play with some bigger chunks. ⁓ But really, it's that habit of automating, setting money aside. If you can just only take one thing from this, it's that. And taxes can create a huge amount of that for you along the way. So let's talk about the tax bill, right?   Kiera Dent (11:24) Mm-hmm.   Yeah,   let's talk about it. And I just want to highlight on that, Derick, of I was talking to a CPA the other day on the podcast and he talked about how like there's a different psychology of business owners. ⁓ We go from getting a W-2 paycheck that we're used to being able to spend all of it because taxes have already been taken out to them becoming business owners and not having taxes automatically taken from that and needing to be super disciplined on saving. And so I agree with you. And when I realized like,   I got so annoyed when I'm like, great, so now I never get a refund check ever again in taxes. I was like, no, actually it's actually so much better now than it ever was. Because if I just set it aside, I'm like, taxes are pretty simple. I guess there's some nuances to them, but it's pretty much like whatever tax bracket you are, take your profit at the end of the month, set that aside. And lo and behold, if you do the tax planning strategy, like you said, usually I'm ending up with a pretty good substantial chunk at the end of the year that I count as my like quote unquote, like   the refund check or whatever. It's been so long since I've gotten one that I don't even know what it is. But it's awesome because then you have this huge lump of money because you've been saving it. You weren't expecting it. All your expenses in your life is taken care of to where now, like you said, it is really fun. Is that an investment? Is that buying something that I've always wanted to get? Is that real estate money? Because the amount of cash, if you are strategic in how you do it, is exponentially substantial.   It is truly life-changing. So I'm excited, Derick. Let's talk about the tax bill, but I will second you and ditto you and just say, yes, there's discipline to it, but that discipline equals so much freedom on the other side that just try it. Trust us on this. Save, learn to save on it and ⁓ be blown away at how much you're able to have at the end of the year if you do it really well.   Derick Van Ness (13:25) Yeah, I 100 % agree and I love your approach, Kiera. That's exactly what we try to teach with people. So let's talk about the tax bill, right? There's a ton of stuff that's in there that we're not going to touch on because like the child tax credit go up $200 a year. Yes. Is that going to move the needle for you as a business owner? Not really, right? Is there a little bit for senior tax relief in there where there's $6,000 of income that they don't pay taxes on? Yes. Does that really matter for you? Probably not, right? So we're going to...   Kiera Dent (13:33) Okay, let's talk.   Derick Van Ness (13:55) we're going to talk a little bit about a couple of key things that can really move the needle. One of them you alluded to, Kiera, that I think is really important is the idea of bonus depreciation, right? People who don't know what bonus depreciation is, it's when you buy certain types of equipment or real estate, you can take all the depreciation in the first year, right? And that can be ⁓ a huge chunk, especially when you combine it with something like cost segregation. For those of you who don't know what cost segregation is, the two really   Kiera Dent (14:04) Mm-hmm.   Derick Van Ness (14:24) work well together. So I think it's worth taking just a sec, even though it's not new, it really enhances this strategy. ⁓ Cost segregation is when you have a piece of real estate, you bring in an engineer, and there are companies that do this, right? So you don't have to know all this stuff. ⁓ But they come in, they reclassify as much of your building as they can as equipment. And so what you get to do is depreciate a portion of the building, the stuff that's equipment much more rapidly. So a lot of times five, seven or 15 years.   versus either 27 or 39 and a half years. So you get a lot more depreciation on the front end. It's not like you get more overall, but money today is worth a whole lot more than money 20 or 30 years from now. You can invest it and use it to grow your business, et cetera. But then when you add bonus depreciation to that, you can get a lot more of it in the first year. what this really means is if you're   Kiera Dent (15:06) Mm-hmm.   Derick Van Ness (15:21) buying the right kind of equipment or you're buying a building or you're doing big improvements, you can get a lot more depreciation and that depreciation can save you in taxes, right? And this is one that I feel like most CPAs kind of get bonus depreciation, but a lot of them don't bring in the cost segregation piece. So if you own a piece of real estate, especially if you bought it in the last few years and you haven't done a cost segregation study, this is something that you would have to know about because someone has to physically come to your building. If you haven't done one,   Kiera Dent (15:39) Mm-hmm.   Derick Van Ness (15:51) should talk to your CPA about it or talk to someone about it. I'm sure Kiera knows people, we know people, there are plenty of people out there who do it. But that's something worth looking at, especially if your building's worth, I would say, $250,000, $300,000, and you've had it less than five years and you haven't done this, yeah, it's totally worth looking at. It could be a real nice windfall. So that's a big one. It had been in place, then it started phasing out from 100 % to 80 % to 60%.   Kiera Dent (16:04) I   Derick Van Ness (16:20) but now we're back at 100%. So this is a big one, especially if you own your building or you're buying a lot of equipment. ⁓ Another really big one is the SALT tax. Now, people hear SALT tax and they're like, what? They're thinking of like the SPICE, right? SALT stands for state and local tax. And really to simplify this, and there's kind of a workaround in almost every state where you can do it as a pass-through setup. And essentially what that means is,   Kiera Dent (16:27) Mm-hmm.   Bye.   Derick Van Ness (16:49) If you pay all your state taxes before the end of the year, those state taxes become a write off for your federal taxes. Now this was in place up to $10,000. So if you were in a 40 % tax bracket, it could have saved you $4,000. Now it's up to 40,000, four zero, $40,000. So if you're making a lot of money or you're in a high tax state, you can pay those state taxes before the end of the year and it creates a federal tax write off.   And so like if you were in a, you know, paying in a 32 % tax bracket and you paid $40,000, it's going to save you, you know, between 12 and $13,000 in taxes that year, which is pretty significant for found money. All it has to be done is you have to pay those taxes and then your, your CPA or your tax pro has to claim that. Right. So that's another big one that got raised and you probably heard a lot about it in the news because   People were trying to get it raised higher and some people thought it should be lower. It really does favor business owners. It's not something a person who doesn't have a business can do. And that was part of the controversy, right? ⁓ But at the end of the day, it's law. So you should be taking full advantage of that.   Kiera Dent (18:03) I feel like that definitely impacts like the high state tax ⁓ states like California, New York, like some of those bigger ones, definitely because I live in Nevada, it's a no state income tax state. So if I understand correctly, Derick, and this is where I love bringing smart people on, the salt tax doesn't apply to me per se in Nevada, because we don't have state income tax. Is that correct? But in those higher ones, it definitely helps you out tremendously by being able to take those those credits and apply them.   Derick Van Ness (18:32) That is correct, yeah. And like another really high one is Oregon. They have quite high state tax, whereas Washington has none. So yeah, that doesn't apply to everybody. But if you're in a state that has even medium, like I'm in Utah, income tax there is right around 5 % for the state. It's still significant, right? You can still do up to the same amount. You'll just get there slower than if you're in California.   Kiera Dent (18:36) Mm-hmm.   I agree.   Right.   Derick Van Ness (19:00) Once again, just one of those things like you talked about, know, having kids or, you know, having the ADA like disability access to your building or a lot of these other things that like there are a bunch of little things, but they really do add up doing the Augusta rule. I'm sure you guys have talked about a million times and paying your kids properly. And we have a whole strategy of actually how to help people use tax strategy to pay for their kids college, which is a pretty cool one using some of that.   Kiera Dent (19:15) Mm-hmm.   Derick Van Ness (19:29) But those aren't part of the tax bill, so we won't dig into that today. ⁓   Kiera Dent (19:32) But they   are smart things to know because as you're listing it off, I think when someone's making, let's say your practice is doing a million, let's it's doing 2 million, 5 million, let's say you're at a 50 % overhead, let's just do 5 million, that's 2.5 mil. Not all of that's going to come to you as profit, but let's use like, it also could be coming to you as profit, even if it's in the form of distributions and different pieces. I'm like,   Derick Van Ness (19:42) Mm-hmm.   Kiera Dent (19:55) on that 2.5, if that's your taxable income, now let's just do, let's say you're in the highest, like that would put you in the highest tax bracket. So we're at a 37%. Like that's almost a million dollars worth of tax money right there on 2.5. So I understand that say 12 grand doesn't seem like that much, but I'm like, but 12 grand is still going to chip down this tax bill. And then you do another 20 grand here, then you do another 15 grand here.   All of that does exponentially chip down and like the bonus appreciation. That's why I think Derick, you're talking like the $200 on a million of taxes, not really going to move the needle, but 12 grand, 15 grand. It's the stacking and being able to keep that money. You have to pay this tax no matter what. And why not like benefit and minimize and reduce it and keep that money. then even worst case scenario, you even go invest it or you put it somewhere like a high yield savings account, but still making 4 % for you.   that you wouldn't have been making so that money's working for you. I think it's a no brainer ⁓ no matter what tax bracket you're in just to see. But like I also think this is where I don't like to get lazy on my taxes like, is it really worth doing the Augustus roll? Yes, it is. Because like you said, every dollar saved today, if I could even take that 600 or that 2000 or that 12 grand, put it in right now, like go back to college. How many of us wish we would have invested at that point in time? 20 bucks when we were in college.   Derick Van Ness (21:02) You   Kiera Dent (21:19) into the stock market and what that would be worth today, I think that there's just value in being strategic and smart and this is how you build wealth. It's not sexy, but if you do it consistently, you will exponentially become wealthier much faster than otherwise. I think it's the fastest way to get to wealth long term because you've got a runway in front of you.   Derick Van Ness (21:38) Well, I'm going to throw something out here, Kiera, because I get to see behind the scenes, right? I work with a lot of successful dentists and dentists have a really good income. Dentists generally are not great at creating wealth. I'll just be totally honest with you. A lot of them, they make enough money that they, ⁓ they can spend and they have a good life and they're able to put some money away, but proportional to their income, a lot of them are not great savers because of exactly what you talked about. A lot of them make all this money, but they got to pay off a lot of debt.   Kiera Dent (21:42) Mm-hmm.   I would agree.   Derick Van Ness (22:08) right, student loans and a business loan. Well, that's a lot of cash flow, especially in the first five years going out of lot of people's pockets. So a lot of times I'll see a dentist and they're making, let's say they're taking home $500,000, which is very common. ⁓ But you look at their investments and everything and they've got 300 grand saved. And they've been at it for 10 years and you're like, what happened? it's they paid off student loans, they paid off business debt.   Kiera Dent (22:27) Mm-hmm.   Derick Van Ness (22:33) They've had to invest in equipment along the way. They've had to remodel their office. They bought a house. You know, and they have some nice things. But now when you start going back and saying, hey, we can do this, this, and this, and now you get to save an extra, let's go really, really low, an extra $20,000 a year. Okay. I did some math the other day for our newsletter, $20,000 a year. If that's what someone saved and they just put that money to work at 7%. Over 30 years, they'd have $2.1 million roughly.   Right? So it's like, it's not, it doesn't appear to be a huge thing, but over time it really does add up. And to be quite honest, someone who makes $500,000, I can think of a bunch of ways that are outside of the new tax bill, things we've been doing for years that can really save them a whole lot more than that. And so for a lot of people, like if somebody is making two and a half million dollars, there's actually some advanced strategies that can really move the needle in a big, big way. But these small things like paying your state tax by the end of the year,   It takes you five minutes and you saved 13 grand. Okay, that's a big deal. Doing, making sure you're paying yourself properly so that you don't end up paying self-employment tax unnecessarily on more of your income than you. Okay, that's another seven, 10, 15, 20 grand. ⁓ Paying your kids, Augusta rule, bonus depreciation. Okay, now all of sudden we took a bill that was maybe 120,000 of taxes for someone who makes 500 grand and now they're paying 50.   Kiera Dent (23:34) Hmm.   Derick Van Ness (24:00) So they kept 70,000. Like that's a big deal. You put that together and using the math I just did there, that's about $5 million over 30 years, right? So it's significant and I bring up the two and a half million thing, because I don't see a lot of dentists. I have a few clients that make that kind of money, but most of the dentists, especially people who own one or two practices, they're making between on the lower end, maybe 300, 350, on the higher end, maybe 800, 900,000.   Kiera Dent (24:00) Mm-hmm.   Mm-hmm.   I agree.   Derick Van Ness (24:29) You know, so suddenly an extra 50, 70, 80, $100,000 a year is a lot of money. It makes a really big difference.   Kiera Dent (24:37) I agree.   I even think though, on no matter where your bracket is, I think like, well, one, I just hope I don't know, Derick, I need to surround myself with people like this. I hope that no matter what income I make, I don't ever like pish posh 70 grand. Like I just hope I hope I never I mean, I hope that I'm a freaking billionaire at one point in my life, like that'd be incredible. And like the amount of good that we'll be able to do in this world, like even today. But I'm like, I hope that I stay   humble and grateful enough that I would never say like 20 grand or 50 grand is not worth my time to do ⁓ in a small effort. ⁓ And so I think that that's just a zone of like, let's remember the humility as well of like, yes, these things are tax savings, but they're also going to exponentially grow you, you, your practice, your family, like your contribution, your good that you're able to do in this world. So even if you're not using it for yourself, think of the good that you can give back to this community in this world. So I think   And then I'm also like, yeah, and if you're at 300, 70 grand is a lot. If you're at 900, 70 grand should still be a lot. If you're at 2.5 million, 70 grand should still be a lot for you to where I think like, I also feel it's a skill of staying sharp rather than getting lazy and sloppy as we evolve. I know I've done it. Like I used to be way more scrappy when I first started the company and I'm like, yeah, well, do we really have to do all this? And it's like, but I think this...   sharper we can keep ourselves and the more disciplined we can to be expert saviors. Like I talked to Ryan Isaac of Dentist Advisors often and he and I talk about like the biggest thing is like being a great saver, like building your wealth, but then also not losing your wealth by doing dumb things or not being disciplined and watching what you've built. Like it's kind of two sides of the coin and being able to get there at the end of the day, I think is what we're all striving for. So I think it's brilliant and I hope that nobody says pish posh to us.   Derick Van Ness (26:12) Mm-hmm.   Kiera Dent (26:34) 70 grand if we could save you that much in taxes.   Derick Van Ness (26:37) I sure hope not, right? And if you do, it's because you've got a better use of your time than that. But quite frankly, most of this stuff, especially taxes, the cool thing is we've had a few tax rewrites in the last, you know, 10 years or so. But typically we don't have a lot of tax rewrites. So once you know the rules, it doesn't change that much year to year. A few little things change here or there, but for the most part, if you can take the time.   get yourself the right team or learn the rules yourself. mean, I think even people who know how to do this themselves, having a good tax pro on your team can be worth a lot because things do come up. ⁓ But honestly, most of it, once you know it, doesn't take a lot of time, right? We're talking a couple hours a year. And if you know what you're doing, a lot of this you kind of do along the way or it's already set up, like setting the money aside for taxes that's already set up, paying before the end of the year. That's just the thing you do one time, you write one check or make one payment online and   Kiera Dent (27:17) Mm-hmm.   Derick Van Ness (27:32) and you're done, right? And a lot of these things are easy. ⁓ Another one that's a really big one that came up with the tax bill that I'm very excited about is they brought back the research and development credits. And this is another thing that for a dentist, it'll probably take you two hours of time ⁓ to do it, like an hour to work with someone to do the projects, which is basically an interview of what have you done, what's the research so that the tax team can look at that.   Kiera Dent (27:43) Mm-hmm.   Derick Van Ness (28:00) And then just getting your tax returns over because not only do these credits come back, but you can retroactively, we've got one year to do this retroactively. You can go back and claim the credits for 2022, 2023 and 2024. And so that gives us three years where you can amend and go back and get that money. And I mean, for a typical dentist, I see on the low end, there are a lot of them. If you're investing in equipment, trying new stuff, which   Kiera Dent (28:15) Wow.   Derick Van Ness (28:29) most dentists to compete have to be doing today. If you're doing, you know, still doing mercury fillings from the seventies, then maybe that's not you. But most people who are listening to your podcast are...   Kiera Dent (28:32) Mm-hmm.   I was going to say you, most of the podcast   community should be in that realm.   Derick Van Ness (28:44) Yeah, I'm kind of joking, but typically, I mean, it's between $10,000 and $20,000 a year. if you have a big practice, I mean, we've had clients that have gotten multiple six figures back because they did some major overhauls and a bunch of stuff. But let's call it $15,000 to $20,000 a year for a lot of dentists. It takes 45 minutes to do it, the interview, and then a little bit of time to review that, make sure it's good.   So let's call it two, maybe three hours of total time to get that money back, right? And you can do this every year when we amend. You have to amend them and they go back to the IRS. And the IRS is taking about a year to get checks out. They're a little buried ever since COVID. They got behind and they just never caught back up. But once you get on top of that for 2025 and beyond, like you can just do it proactively. You just don't pay the taxes. You don't have to wait for a refund.   And so it's another one of those things where you spend an hour or two a year and you get 10, 15, 20, $30,000 a year that you just get to keep. Right. And so this one to me is a huge one for dentistry because the rate at which the industry is changing, right. Uh, went from, from cone beams to milling people, milling their own crowns. Now it's 3d printing pretty soon. It's going to be, you know, a lot of these things you see at the shows with the robots doing things and all kinds of different things that   Kiera Dent (29:50) Awesome.   Totally.   Derick Van Ness (30:12) Dentistry is a very progressive industry, right? A lot of AI coming in with answering phones and scheduling people and answering questions and all of that kind of stuff. You may as well get credits for it. You're doing the work, you're buying the equipment, you're figuring this stuff out. So if you're doing anything where you're upgrading, trying new technology, looking to get better, faster, more efficient, you're probably accruing the credits. ⁓ And it's just something you don't want to miss out on. R &D credits are... ⁓   not as well known as they could be because it's very much a specialty thing and it's relatively new to the tax code. It only became permanent in 2015. It's been around since the 80s but it changed a bunch and became permanent then. And the reason we didn't do it through 2022 through 2024 was there was a change in the 2017 tax code and you know they gave tax breaks.   Kiera Dent (30:43) Mm-hmm.   Derick Van Ness (31:07) to corporations, they had to make it up somewhere. And this was the place where they said, if people claim R &D, they also don't get to write off all the expenses without going into all the detail. It just wasn't worth doing. Now we can go back and recover that. Congress didn't think it was even going to become a law. I think they thought they were going to amend it. And then COVID happened. And they sort of forgot about it. So it became a law in 22. Anyway, this is all fixing it. So to me, this is a huge one. It's an easy win for a lot of a.   Kiera Dent (31:18) Yeah.   Derick Van Ness (31:36) a lot of dentists to be able to go out and just get a bunch of money back in taxes you've already paid for stuff you've already done. And it's pretty minimal effort. ⁓ There are lot of different people out there who do it. We do a free estimate for people so they can kind of see what's on the table. But yeah, it's pretty straightforward. To me, that's probably the one specific to dentistry that's going to apply to almost everybody listening almost every year. And so   I kind of saved it toward the end here because I think it's the big win. know, the others, the bonus depreciation can be bigger, but you're probably not buying a business or massive amounts of equipment every year. But if you are, then that's going to be a huge one too.   Kiera Dent (32:20) Yeah. No, Derick, I love that. And I did some math because you talked about like one hour approximately per month to do these things. And I just I did some really, really conservative numbers. So I was like, if we were doing 20 grand of how much we get for tax savings of like actual dollars to you. And that was in 15 hours a year. That's 1333. So about 1400 per hour. And so thinking about a dentist who's producing 1400 per hour.   That's actually, that's a pretty high production. You're producing about $11,000 a day as a dentist at that rate. Then I was thinking like, okay, the R &D is 10 grand, 20 grand in two hours. That's now producing $10,000 an hour. I was like, that dentist would be producing $80,000 a day. Just to put in comparison of your dollar per hour on production, you apply that to your tax savings. I think that it's to me,   Not all dentists are even producing $1,300 an hour. Even very, very skilled dentists, like 500 to 1,000 is actually pretty great. That's what we try to target for doctors to do. 8,000 a day is a pretty good amount. So when I just did the quick math and I'm like, a lot of dentists are not working five days a week. A lot of you are working four days a week. So if you just added this as part of your CEO time, one hour per month to dedicate to this.   What's the ROI of that time? think it's very well worthwhile. And I will agree with you, Derick. We've had you on the podcast before. That's why I had you come back on, because I am seeing multiple clients get these R &D credits coming through that I just think it's a worthwhile thing. Again, I feel like it's Geico. That's what I feel like right now. Like one hour or like one quick call could save you 10 to 20 grand. I think that that to me, again, let's be sharp. Let's be savvy. Let's make sure we take advantage of these opportunities because again,   Derick Van Ness (34:00) you   Kiera Dent (34:13) Like you've said, the compound of that 10 or $20,000 that you get over the course of the next 20 to 30 years while you're doing dentistry, even if it's five years, even if it's 10 years, ⁓ that to me is so worth your time. I feel like that's the best use of your time you can possibly do as a CEO, as a business owner. So Derick, that's why I want to do back on because I think everybody should connect with you. Everybody should talk to their CPAs about this.   I know you guys do the R &D credits. I also know that you guys do accounting. So if people are looking to connect with you, Derick, like what's the easiest way? Like I'm fired up listening to this podcast. I'm committed to my one hour a month. It's like one and a half guys. So you're gonna have to be a little bit more, but I'm committed to that. Where do I start? How do I get going to make sure that I can maximize this big, beautiful tax bill and also the R &D credits for my practice.   Derick Van Ness (35:03) It's a great question. So we actually set up a page just for Dental A Team listeners, right? So it's just, my company's called Big Life Financial. And we do that, it's not big money financial. Our goal is to help you get money out of the way so you can live the life you're here to live as a human, right? And really spend the family time and make the contributions and express yourself as you want to. But it's BigLifeFinancial.com/DAT. So if you go there, it's a research and development credits   opt in right for the page because I think that's the biggest win. But we will also do, if you would like, a full three year tax review for people. Anybody who wants to see, have I been overpaying? There's a million things we didn't touch on today because they're not part of the new tax bill. There are things that have been around for a long time. ⁓ But we can help you to get a good idea of have you been overpaying and what are the opportunities out there? ⁓ And so that's a great way to start. And then from there, if it seems like you want to   Kiera Dent (35:46) Mm-hmm.   Derick Van Ness (36:03) find out more, you have questions or things come up, but that's a good starting point, right? It's like a diagnostic that gives us a good place to start from. So BigLifeFinancial.com/DAT will set up a free call. It should only take maybe 15, 20 minutes at first just to answer any question. That's great.   Kiera Dent (36:19) 15 or more could save you.   It really fills up, it's true. It's true. Daria, I do have a question though, because people get creeped out by taxes. How often do doing this and looking back at past taxes alert audits within the IRS? Because people creep out about this.   Derick Van Ness (36:37) So doing it,   so the R &D credits, especially this because they literally passed a law and said, yes, you can go back and do it. So there's going to be a ton of people doing it. So I don't think it's going to be any type of audit unless you really weren't doing research, right? But that's what the interview is for, is to help us to identify it. And our team will essentially tell you what does and doesn't qualify. But there's no risk to it, especially because they're saying, hey, yeah, you can go back and do this. You could.   I mean, you could have claimed it before, but nobody did. So it's not going to stand out. also, even in the past, when we've done this for people prior to that law change, I think out of 16,000 filings, there's been like maybe 12 or 15 audits. It's lower. It's even lower than a typical audit range. And I don't know how that's even really possible, but it's just been very low. It's not something the IRS is really worried about. It's not huge amounts of money.   Kiera Dent (37:10) Mm-hmm.   Derick Van Ness (37:35) You know, some of these other strategies care that you're aware of. people are getting 50, 100,000, $200,000 tax breaks and those are much more highly scrutinized. You really doing this work, which dentists do, uh, and based on your industry, I don't think they're really going to bat an eye. It doesn't mean there's a zero chance, but it's very, very low. Just like if you had a piece of equipment, forgot to depreciate it. Now you went back and amended to do that. It's that straightforward. It's a permanent part of the tax code. It's not gray area stuff.   Kiera Dent (37:42) Right.   which is super helpful. And that's just where I wanted to clarify because I know people get kind of weird of like, yeah, I want to save on my taxes, but I'd rather not get audited. And so I think this is a world where you can be both. You can save on taxes legally, just like the Augustus rule. Like that is something very common. People do it if you don't know about it, talk to your CP about it, ⁓ your kids having real jobs. So I feel like it's something where, like you said, it's not talked about as much, but that does not mean that it is not as commonplace or that you shouldn't bonus appreciation on real estate, on big equipment.   Derick Van Ness (38:10) Yeah.   Kiera Dent (38:36) These are things that I also feel this is the time like a political landscape for you as a business owner to take advantage of tax benefits. The person who's in the White House currently, whatever you choose to believe or not believe is very pro businesses in a lot of ways. And so I'm like, if you're ever going to try it based on who's in office, ⁓ I think now is a great time ⁓ with how many things are coming forward for businesses and being more business. ⁓ I would just say   business friendly, I think is where the political landscape is currently. Again, not to go down a political path, just to be looking at like, if I'm hedging my bets, now is probably a really good time where odds of audits are probably a little bit lower than maybe at other times of the political landscape. So just things to think about. Derick, I love these podcasts. I love building wealth. So guys go to BigLifeFinancial.com/DAT, so Dental A Team. So it's just DAT our initials.   Derick Van Ness (39:15) Yeah.   Kiera Dent (39:32) And Derick will take great care of you. Derick, any last thoughts as we wrap up today? I appreciate you so much being on here.   Derick Van Ness (39:38) No, just think, you know, dentists work really, really hard and I feel like a lot of them don't get the fruits of their labor because there's a lot of these little things that they haven't been taught. And I think all the little things do add up. So, you know, this is one of those things that if you choose to just take it on, figure it out in a year or two, you'll be way ahead of the game and you get to benefit from that basically forever. Right? lot of this stuff, once you figure it out one time, you can just ride.   80%, 90 % on autopilot. So if you've been afraid of it, would say it's climb over that hill, whether it's with us or someone else, it is really worth it. You guys work too hard, take too many risks, deal with too much headache to not get the full amount of the money that you really deserve to keep. So yeah.   Kiera Dent (40:23) I agree.   That's why Derick gets to be on the podcast because we're very aligned. I've always said I want dentists to be insanely wealthy, insanely. I see what you go through in school. mean, 2.5 million debt ⁓ to even get the opportunity to practice. ⁓ That's really where I was on a very strong mission to help dentists just like Derick to be as successful as you want to be. And there's little strategies like what we talked about that are big strategies. So take advantage, get over the hump.   Chat with Derick or your financial advisor or your CPA. But these things, I think, need to be part of your every single year conversations. They need to be talked about multiple times. You need to be asking what's been changing in the tax bill, keeping yourself a part of it. Very simple moves, big gains this year. Derick, as always, thanks for being a part of it. I really appreciate you. And for all of you listening, thank you for listening, and I'll catch you next time on the Dental A Team Podcast.

SMB Community Podcast by Karl W. Palachuk
Strategic Exit Planning and Wealth Preservation: Interview with Justin Maxwell

SMB Community Podcast by Karl W. Palachuk

Play Episode Listen Later Jul 17, 2025 25:00


Overview: In this episode of the SMB Community Podcast, James Kernan is joined by Justin Maxwell, a partner at Big Life Financial. The discussion centers around exit planning, legacy creation, and strategic planning for IT professionals and business owners. Justin explains the concept of a fractional family office and how Big Life Financial offers comprehensive services that include accounting, investment management, insurance, estate planning, and boutique investment banking. He emphasizes the importance of starting with a clear end goal in mind, regular tax planning, and the benefits of proactive financial strategies. Justin also provides insights into innovative legacy planning methods, such as investing in your own business and creating family foundations. The episode concludes with practical advice for business owners and the availability of additional learning resources and courses from Big Life Financial.  --- Chapter Markers: 00:00 Introduction  00:28 Special Guest Introduction: Justin Maxwell from Big Life Financial 01:41 Understanding Family Offices and Their Importance 04:26 Strategic Planning for Business Owners 06:51 Tax Strategies for Business Owners 11:50 Exit Planning and Wealth Preservation 14:03 Innovative Legacy Planning Ideas 18:45 Courses and Coaching for Wealth Building 21:46 Final Thoughts and Contact Information 24:35 Closing Remarks --- About Justin Maxwell: Justin was a teacher and researcher before he started working with the BLF team in 2019. Justin discovered the entrepreneurial itch and quickly found that, like education, the financial and tax world loves to push everyone through the same square box. However, this doesn't work in education or finance. His mission is to change that approach and deliver holistic tax and financial solutions for fellow successful entrepreneurs.   Learn more about Justin at www.biglifefinancial.com Connect with Justin on LinkedIn at https://www.linkedin.com/in/justinmaxwellwealthpreserve/ --- New Book Release: I'm proud to announce the release of my new book, The Anthology of Cybersecurity Experts! This collection brings together 15 of the nation's top minds in cybersecurity, sharing real-world solutions to combat today's most pressing threats. Whether you're an MSP, IT leader, or simply passionate about protecting your data, this book is packed with expert advice to help you stay secure and ahead of the curve. Available now on Amazon! https://a.co/d/f2NKASI --- Sponsor Memo: Since 2006, Kernan Consulting has been through over 30 transactions in mergers & acquisitions - and just this past year, we have been involved in six (6). If you are interested in either buying, selling, or valuation information, please reach out. There is alot of activity and you can be a part of it. For more information, reach out at kernanconsulting.com

The Remarkable CEO for Chiropractors
300 - Business Intelligence: Part 1

The Remarkable CEO for Chiropractors

Play Episode Listen Later Apr 8, 2025 44:18


In this episode, you'll discover:How to use business intelligence (data) to compress time and accelerate successRemarkable Standards (for KPI's) create context for your Team for what a Win! looks likeUnlock the 5 P's: Identify key constraints and correct them for maximum impactTransformation is an ongoing process—it requires adaptability and continuous learningThe 2 most critical questions that will refine your delegation process and optimize operationsEpisode Highlights00:46 – Learn how business intelligence starts with reducing drama by organizing, systematizing, and optimizing operations.03:28 – Discover why aligning your business with personal joy and energy is essential for sustainable growth and leadership.06:15 – Understand the role of the CEO as a Chief Energy Officer and how your energy determines your team and business performance.08:09 – Explore the sequence of operationalize, professionalize, and optimize—and why each phase must be approached strategically.10:14 – Learn why increased productivity and durability don't always mean profitability until the business is fully optimized.13:46 – Hear how upgrading systems and rebuilding teams is part of scaling and necessary for long-term success.16:21 – Discover why casting vision and seeing the bigger picture is the CEO's most important role during growth and transition.17:26 – Understand how measuring performance through KPIs and scorecards is foundational for optimization and accountability.20:02 – Learn how the accountability grid identifies which business domains are underperforming and who is responsible.22:58 – Get insight into the five-question fix framework: person, process, proficiency, priority, or project.26:40 – Explore how to improve outcomes by deciding whether to do more, do better, or do something different with key processes.28:04 - Dr. Eric DiMartino and Justin Maxwell from Success Partner, Big Life Financial discuss transforming high income into generational wealth. Uncover  how Big Life Financial supports chiropractors in optimizing their finances through strategic systems. They introduce the concept of ROE (return on emotion) alongside ROI, focusing on the peace of mind for business owners. Tune in to enhance your financial health and business success. Resources MentionedDownload your copy of the Accountability Grid and Remarkable Standards here: www.theremarkablepractice.com/podcast-ep300-acctgridTo learn more about the REM CEO Program, please visit:  http://www.theremarkablepractice.com/rem-ceoFor more information about Big Life Financial please visit: https://biglifefinancial.com/Schedule a Brainstorming call with Dr. PeteFollow Dr Stephen on Instagram: https://qr.me-qr.com/l/riDHVjqt  Follow Dr Pete on Instagram: https://qr.me-qr.com/I1nC7Hgg  Prefer to watch? Catch the podcast on YouTube at: https://www.youtube.com/@TheRemarkablePractice1To listen to more episodes visit https://theremarkablepractice.com/podcast/ or follow on your favorite podcast app.

Build Your Remarkable Practice for Chiropractors
057 - Creating a Business That Works for You, Not Against You with Dr. Devin Vrana

Build Your Remarkable Practice for Chiropractors

Play Episode Listen Later Apr 3, 2025 37:19


Sustainable success isn't about going faster—it's about building a business that supports your life, not the other way around.Dr. Lona sits down with Dr. Devin Vrana to discuss the seasons of growth, the importance of pacing yourself, and knowing when to shift gears in business and life. Dr. Devin shares her journey from high-volume, fast-paced solo practice to creating a business model that allowed for balance, family, and long-term fulfillment. They discuss how to avoid burnout, the power of mentorship, and how to align your practice with your personal vision for success.Key Highlights01:07 – Introduction of Dr. Devin Vrana and how she became a new coach in TRP, bringing energy and leadership to the community.03:14 – The danger of running too fast in business, how high-speed growth can become unsustainable, and lessons from early practice years.04:40 – A personal story about returning to practice too soon after childbirth, and the physical, emotional, and professional toll it took.06:37 – A life-changing moment—how her son's serious injury forced her to rethink her business model and create a more sustainable structure.07:42 – Why one-doc, high-speed, high-volume models aren't always the best long-term approach, and how different practice models can create freedom and longevity.09:22 – The power of mentorship and evolving beyond initial coaching frameworks to create a practice that truly aligns with your vision.12:39 – Why anchoring yourself in purpose (rather than outside expectations) is key to long-term fulfillment and sustainable success.14:03 – How the business world is shifting, and why modern practices need resilience, adaptability, and systems that work beyond just the owner.16:46 – The biggest mistake entrepreneurs make: following other people's definitions of success instead of creating their own.21:16 - Dr. Eric DiMartino and Justin Maxwell from Success Partner, Big Life Financial discuss transforming high income into generational wealth. Uncover  how Big Life Financial supports chiropractors in optimizing their finances through strategic systems. They introduce the concept of ROE (return on emotion) alongside ROI, focusing on the peace of mind for business owners. Tune in to enhance your financial health and business success. Resources MentionedFor more information about Big Life Financial please visit: https://biglifefinancial.comTo schedule a Strategy Session with Dr Lona: https://go.oncehub.com/DrLonaBuildPodcastTo schedule a Strategy Session with Dr Bobby: https://go.oncehub.com/DrBobbyBuildPodcastFollow Dr Bobby on Instagram: https://qr.me-qr.com/WOz1qy6E   Follow Dr Lona on Instagram: https://qr.me-qr.com/o2oFbovyLearn what it takes to be Remarkable!: https://theremarkablepractice.com/

The Remarkable CEO for Chiropractors
295 - Professionalize

The Remarkable CEO for Chiropractors

Play Episode Listen Later Mar 4, 2025 41:47


In this episode, you'll discover:How to leverage the accountability chart—and why a 3-year vision is critical for sustainable growth.The two stages of building a high-performing, professional team.Why investing in the right people pulls your business forward.The key steps to increasing scalability, durability, and profitability.Episode Highlights00:51 - Learn how shifting from an owner-operator mindset to a CEO mindset is essential for building a scalable, durable, and transferable business.03:08 - Understand why professionalizing your team is a critical step in moving from laborer to leader and unlocking long-term growth.06:17 - Discover how operationalizing business systems creates predictability, enabling delegation and freeing up leadership bandwidth.08:50 - Explore the difference between amateur and professional approaches to leadership, hiring, and team development.11:16 - Gain insight into why personal growth as a leader is necessary to attract and retain a high-performing, professional team.14:29 - Hear why the "law of ones and threes" means that the systems and people that got you to one level may not be what takes you to the next.16:43 - Understand why top employees either stay for two years or twenty-two years, and how to create a career path that retains top talent.19:21 - Discover the importance of casting a long-term vision for your business and your team to ensure retention and engagement.22:14 - Learn why bringing in experienced professionals who have scaled larger businesses can accelerate growth beyond your current limitations.24:42 - Explore why delegating to those who can perform at 120% of your ability is a game-changer for business scalability.25:32 - Dr. Eric DiMartino and Justin Maxwell from Success Partner, Big Life Financial discuss transforming high income into generational wealth. Uncover  how Big Life Financial supports chiropractors in optimizing their finances through strategic systems. They introduce the concept of ROE (return on emotion) alongside ROI, focusing on the peace of mind for business owners. Tune in to enhance your financial health and business success. Resources MentionedDownload Your Copy of the Accountability Grid here:  https://theremarkablepractice.com/podcast-ep296-acctgrid    To learn more about the REM CEO Program, please visit:  http://www.theremarkablepractice.com/rem-ceoFor more information about Big Life Financial please visit: https://biglifefinancial.comSchedule a Brainstorming call with Dr. PeteFollow Dr Stephen on Instagram: https://qr.me-qr.com/l/riDHVjqt  Follow Dr Pete on Instagram: https://qr.me-qr.com/I1nC7Hgg  Prefer to watch? Catch the podcast on YouTube at: https://www.youtube.com/@TheRemarkablePractice1To listen to more episodes visit https://theremarkablepractice.com/podcast/ or follow on your favorite podcast app.

ASOG Podcast
Episode 196 - Navigating Tax Deductions and Investments With Derick Van Ness of Big Life Financial

ASOG Podcast

Play Episode Listen Later Dec 23, 2024 60:44


Don't get to the end of this year wishing you had taken action to change your business and your life.Click here to schedule a free discovery call for your business: https://geni.us/IFORABEShop-Ware gives you the tools to provide your shop with everything needed to become optimally profitable.Click here to schedule a free demo: https://info.shop-ware.com/profitabilityUtilize the fastest and easiest way to look up and order parts and tires with PartsTech absolutely free.Click here to get started: https://geni.us/PartsTechTransform your shop's marketing with the best in the automotive industry, Shop Marketing Pros! Get a free audit of your shop's current marketing by clicking here: https://geni.us/ShopMarketingPros In this episode, Lucas and David are joined by Derick Van Ness from Big Life Financial. Derick discusses the impact of state tax deductions on federal taxes, with a focus on high-income earners in states like California and New York. David shares his relaxed attitude towards financial management, explaining how he balances cash flow despite economic struggles. Derick also highlights the importance of having a reliable team and establishing a financial operating system for business owners. 00:00 Considering hiring a forensic accountant for business review.05:15 Evaluate current advisors; start with taxes.07:39 R&D entails credits for system upgrades efforts.12:01 Limiting state taxes as federal write-offs.14:52 Conference and event travel cause financial strain.16:31 Bank crisis caused financial ruin, power loss.23:02 Shop owners often overlook tax seriousness.24:00 CPAs busy auditing, rarely offer proactive advice.28:32 Automate savings early for financial security.31:46 Recommended savings percentage and retirement amount?34:07 Aggressively save; build income streams beyond business.36:10 Budget for two months' shop expenses buffer.41:50 Real estate improves over time with depreciation.44:54 Pursue passion freely, enjoy life without constraints.47:45 Alternative investments offer consistent income for retirees.50:21 Intangible capitals determine your EBITDA multiplier.52:27 Prepare for unexpected events despite profitability.55:57 Send info to stream on Facebook page.

The Remarkable CEO for Chiropractors
274 - How the Money Works in a 7-Figure Practice

The Remarkable CEO for Chiropractors

Play Episode Listen Later Oct 8, 2024 50:12


In this episode, you'll discover:Knowing your numbers enables you to make decisions boldly and with peace of mindUnderstand the economics, because accounting is the language of businessThe Return-On-Investment vs Return-Of-Investment, know the differencePut on your Investor hat whenever you're hiring an associate and get your comp plans rightEpisode Highlights01:26 - The importance of the associate doctor relationship focusing on the compensation model to avoid common failures.04:22 - The need for maturity and sophisticated growth for successful chiropractic practice scaling.06:14 - Taking the long-term perspective when hiring, encompassing a three-year business view with ROI considerations.07:07 - Viewing business decisions with an investor mindset for future returns.10:07 - Importance of casting a vision for associates and ensuring they see growth potential.14:43 - Challenges in scaling chiropractic practices and the need for a structured system17:59 - The Seven-figure business framework based on revenue per employee (RPE) and patient visit metrics22:55 - Utilizing Revenue Per Employee (RPE) as a wellness metric for practice evaluation25:02 - The importance of assessing RPE regularly as a critical economic health indicator28:10 - The significance of data-driven decision-making in business leadership to avoid emotion-based choices34:56 - Join REM Coach, Dr, Chris and he sits down with Success Partner, Justin Maxwell from Big Life Financial. Justin shares his inspiring journey from grappling with financial ceilings to mastering wealth management, and how he now dedicates his expertise to helping chiropractic office owners achieve financial clarity and growth. Dive deep into Big Life Financial's unique family office approach, tailored specifically for high-impact businesses, and unveil the systems, strategies, and professional support that can drive significant returns on investment. If you're a chiropractic CEO looking to maximize your business's financial potential, this interview will provide invaluable insights on elevating your financial strategy and making a lasting impact. Resources MentionedWatch an instant replay of the "7 Figure Associate Doctor Compensation Plan Model" webinar here: www.theremarkablepractice.com/podcast-ep274-rem-asc-webinar  Register now for the Remarkable Attraction Immersion here: https://theremarkablepractice.com/attraction-immersion/To learn more about the REM CEO Program, please visit:  http://www.theremarkablepractice.com/rem-ceoFor more information about Big Life Financial please visit: https://www.biglifefinancial.com/ Subscribe to our newest podcast "Build Your Remarkable Practice" here: https://podcasts.apple.com/us/podcast/build-your-remarkable-practice-for-chiropractors/id1734107477  Schedule a Brainstorming call with Dr. PeteDr. Stephen's LinkedInDr. Peter's LinkedInThe Remarkable CEO WebsiteDr. Stephen's Book – The Remarkable Practice: The Definitive Guide to Build a Thriving Chiropractic Business

The Dentalpreneur Podcast w/ Dr. Mark Costes
2080: Turning Income into Wealth

The Dentalpreneur Podcast w/ Dr. Mark Costes

Play Episode Listen Later Sep 25, 2024 43:42


On today's episode, we have Derek Van Ness, founder of Big Life Financial. Derick shares insights on how his company helps small business owners, especially dentists, reduce taxes and build long-term wealth. He explains key strategies for sustainable financial growth, emphasizing tax optimization and wealth-building outside the dental practice. Derick also touches on common pitfalls business owners face and the importance of strategic planning to maximize financial outcomes while minimizing tax liabilities. EPISODE RESOURCES https://biglifefinancial.com/mark https://www.truedentalsuccess.com Dental Success Network Subscribe to The Dentalpreneur Podcast

The Remarkable CEO for Chiropractors
269 - What Has the Biggest Impact on PROFIT?

The Remarkable CEO for Chiropractors

Play Episode Listen Later Sep 3, 2024 42:46


In this episode, you'll discover:The 3 drivers that impact profit - and the one that stands above the rest Which has the biggest impact on profit: Increase Price by 1%?Decrease Cost / Expense by 1%?Increase Volume by 1%?The language of business is accounting, and you need to understand it.  Are you on track? Time to get your money metrics in order Episode Highlights02:20 - The significance of small actions, such as one encouraging word or going the extra mile, and how they can make a big difference.04:58 - The concept of the "1% rule" and its relevance to making a bigger impact and income in their coaching business.06:26 - The significance of profit margin and distributable cash in measuring the health of a business.07:25 - The 1% Rule: Increasing Price, Decreasing Costs, and Increasing Volume15:02 - A real-life example to illustrate how increasing price by 1% can significantly impact profit margin.19:46 - The importance of having the right mindset and tools, such as the "Remarkable Money Metrics" PDF, to guide business decisions.21:21 - Understanding business metrics and accounting to manage a business effectively.22:28 - Testing market responses to price changes and recognizing the potential impact on other metrics like referrals and retention.22:43 - The need for chiropractors to balance different metrics and recognize the competing numbers in their business.27:45 - Join REM Coach, Dr, Chris as he sits down with Success Partner, Justin Maxwell from Big Life Financial. Justin shares his inspiring journey from grappling with financial ceilings to mastering wealth management, and how he now dedicates his expertise to helping chiropractic office owners achieve financial clarity and growth. Dive deep into Big Life Financial's unique family office approach, tailored specifically for high-impact businesses, and unveil the systems, strategies, and professional support that can drive significant returns on investment. If you're a chiropractic CEO looking to maximize your business's financial potential, this interview will provide invaluable insights on elevating your financial strategy and making a lasting impact. Resources MentionedDownload your copy of the REM Money Metrics here: https://theremarkablepractice.com/podcast-ep269-rem-moneyRegister now for the Remarkable Attraction Immersion here: https://theremarkablepractice.com/attraction-immersion/To learn more about the REM CEO Program, please visit:  http://www.theremarkablepractice.com/rem-ceoFor more information about Big Life Financial please visit: https://www.biglifefinancial.com/Subscribe to our newest podcast "Build Your Remarkable Practice" here: https://podcasts.apple.com/us/podcast/build-your-remarkable-practice-for-chiropractors/id1734107477  Schedule a Brainstorming call with Dr. PeteDr. Stephen's LinkedInDr. Peter's LinkedInThe Remarkable CEO WebsiteDr. Stephen's Book – The Remarkable Practice: The Definitive Guide to Build a Thriving Chiropractic Business

The Remarkable CEO for Chiropractors
266 - The Soft Science of Building a Practice to Sell It with Rick Sapio

The Remarkable CEO for Chiropractors

Play Episode Listen Later Aug 13, 2024 55:07


Rick Sapio is a brilliant, battle-hardened business mind with a soft-side.  Rick's experience inside and outside of the Chiropractic Industry - specifically around EXITING and building businesses to sell them -  lends him a sharp insight into how to best build your chiropractic practice with EXITING in mind.  Listen in on the first of several conversations between Dr. Stephen Franson and Rick and discover: How to turn your job into a businessThe importance of Core Values and Values-Based Decision MakingThe critical nature of separating the Founder from the Brand and the BusinessHow to create permanence in your offering and processCreating Uniformity and building a World Class TeamHow to build a business that is bigger than you!Creating the business that will attract your Ideal Buyers (eventually)Episode Highlights00:41 - Optimizing business for sale with a focus on exit strategies.01:51 - Rick shares his background in helping his business and chiropractic expertise optimize exits.07:17 - The shift from a culture of resourcefulness to victimhood, with a focus on entrepreneurial parents training their children to be resourceful rather than victims.11:36 - The shift from a culture of resourcefulness to victimhood, with a focus on entrepreneurial parents training their children to be resourceful rather than victims.14:24 - The concept of the Business Frame, starting with the purpose of the business and catalyzing statements to inspire employees and potential partners.16:57 - The importance of values-based decision making for business success.24:08 - The value of commitment and permanence in achieving success.29:58 - Creating a community and having a clear purpose and values to build referability.32:39 - The importance of soft skills in business, such as purpose, values, and decision-making philosophy.35:03 - The need for business owners to prepare themselves and their businesses for exit, avoiding language barriers and tactical mistakes.39:52 - Join REM Coach, Dr, Chris as he sits down with Success Partner, Justin Maxwell from Big Life Financial. Justin shares his inspiring journey from grappling with financial ceilings to mastering wealth management, and how he now dedicates his expertise to helping chiropractic office owners achieve financial clarity and growth. Dive deep into Big Life Financial's unique family office approach, tailored specifically for high-impact businesses, and unveil the systems, strategies, and professional support that can drive significant returns on investment. If you're a chiropractic CEO looking to maximize your business's financial potential, this interview will provide invaluable insights on elevating your financial strategy and making a lasting impact. Resources MentionedRegister now for the Remarkable Attraction Immersion here: https://theremarkablepractice.com/attraction-immersion/To learn more about the REM CEO Program, please visit:  http://www.theremarkablepractice.com/rem-ceoFor more information about Big Life Financial please visit: https://www.biglifefinancial.com/Subscribe to our newest podcast "Build Your Remarkable Practice" here: https://podcasts.apple.com/us/podcast/build-your-remarkable-practice-for-chiropractors/id1734107477  Schedule a Brainstorming call with Dr. PeteDr. Stephen's LinkedInDr. Peter's LinkedInThe Remarkable CEO WebsiteDr. Stephen's Book – The Remarkable Practice: The Definitive Guide to Build a Thriving Chiropractic Business

Clinic Growth Secrets
EP 94: Mastering Wealth Management for Chiropractic Success w/ Justin Maxwell and Victor Pribyl

Clinic Growth Secrets

Play Episode Listen Later Jul 22, 2024 39:21


"Dreaming big is the first step towards wealth creation!" Journey with Justin Maxwell and Victor Pribyl from Big Life Financial as they unpack effective wealth management strategies specifically for chiropractors like you. Discover the importance of shifting from a middle-class mindset to adopting a wealth-building mentality as your income grows. Dive into discussions about the benefits of automated systems for personal cash flow management and how building a tax team can enhance tax efficiency. Learn to fortify your online reputation, always be "exit ready," and leverage your impact and wealth by acquiring multiple practices. Get ready to reshape your mindset and trust in your potential for significant growth and wealth creation. Interested in more wealth strategies from Justin and Victor? Check them out at https://www.biglifefinancial.com/.  Welcome to the Clinic Growth Secrets Podcast where we give an insider's look into what the top 1% of clinic owners are doing differently to get more patients, make more profit per patient, and keep them longer. Inside you will find actionable tips, tricks and strategies that you can implement into your personal clinic to create massive growth that allows you to help as many people as possible. Made with a lot of hustle and a boat load of heart. Hosted by Jeff Van Kampen. If you found this content valuable I hope you leave us a 5-star review, and if you want more content like this head over to our free Facebook community or check us out at https://www.accelerateyourclinicgrowth.com/bookacallpodcast  Follow Jeff Van Kampen's Socials: LinkedIn | Instagram | Facebook | CGA

The Remarkable CEO for Chiropractors
241 - Laying A Remarkable Financial Foundation

The Remarkable CEO for Chiropractors

Play Episode Listen Later Feb 20, 2024 37:42


Are you looking to build financial freedom?  Do you want to be the financial inflection point in your family? Are you ready to make the shift from generational income to building generational wealth? This episode is for you.  Listen in as Dr. Stephen interviews one of his financial advisors, Justin Maxwell of Big Life Financial.The financial foundational five:How to set up your cash flow systemHow to optimize your student loan repaymentThe practice debt solutionAvoiding “death by a thousand cuts” with unnecessary feesThe highest and best (and safest) use of your investment dollarsEpisode Highlights01:37 - The need for specific wealth-building strategies for chiropractors, particularly for new doctors and those looking to grow their practices.05:47 - The importance of setting up a cash flow system early on to avoid overspending and miss out on the compound effect of investing08:10 - Setting up a “Rainy Day Fund” is an investment in peace of mind and is foundational to the beginning of the financial journey.14:25 - The value of automaticity in making financial decisions, so they become second nature and don't require constant decision-making.18:45 - Prioritize debt reduction and develop the "muscles of abundance" to attract clients and create a successful business.21:45 - Capturing wealth through businesses delivering value, not just increasing revenue.23:12 - Tax strategy should be seen as a holistic approach throughout the career, not just a yearly reactionary measure.27:33 - Save money by having a team member scrutinize expenses and find areas for cost-cutting.33:26 - The value of taking risks and enduring challenges to reap the benefits of business ownership, including strategic tactics and belief systems. Resources MentionedTo learn more about the REM CEO Program, please visit:  http://www.theremarkablepractice.com/rem-ceoBuild your dream team with Chiro Match Makers. Learn more at https://chiromatchmakers.com/Schedule a Brainstorming call with Dr. PeteDr. Stephen's LinkedInDr. Peter's LinkedInThe Remarkable CEO WebsiteDr. Stephen's Book – The Remarkable Practice: The Definitive Guide to Build a Thriving Chiropractic Business

Mind Wrench Podcast
Episode #160- Are you missing this tax break? (Reboot 133) - w/ Derick Van Ness- BigLife Financial

Mind Wrench Podcast

Play Episode Listen Later Feb 12, 2024 45:05 Transcription Available


What if you were sitting on a goldmine of tax credits without even knowing it? You're not going to want to miss this extremely valuable interview with Derek Van Ness, founder and CEO of Big Life Financial, as we reveal hidden tax advantages for your small business. With his vast experience in finance, marketing, real estate, and wealth strategy, Derek takes us through an eye-opening journey into the world of the Research & Development (R&D) credit, a tax advantage many shop owners are unaware of. Additionally, we touch on the Employee Retention Credit? This could still be your tool for saving up to $26,000 per employee! Unsure of how mindset and self-development play a crucial role in your business? Derek, who has mentored over 1500 business owners, is here to enlighten us on this often-overlooked facet of entrepreneurship. Listen in as he discusses his journey through sales, real estate investment, and his eventual destiny in founding Big Life Financial. You'll learn why leaning towards self-development can be the catalyst you need to propel your business to the next level.  Whether you're running an auto service shop or a collision center, our discussion with Derek is a goldmine of information that promises to empower you with strategies to not just survive but thrive in today's economy. Join us as we dive into the financial errors you, as a small business owner, might be making. Derek will share insights on controlling expenses and balancing sales and profits. He will also tear down the misconception that your CPA will automatically snag all the tax breaks for you. Don't miss this enlightening conversation that could potentially save you thousands of dollars on your business taxes!Guest Info:Derick Van Ness -CEO/Founder of Biglifefinancial.com - derick@biglifefinancial.comWebsites:  https://www.biglifefinancial.com/tax-rebates or  bringpurposetolife.com LinkedIn: linkedin.com/in/derickvannessBook your FREE 15-min call w/ Derick CLICK HERE or go to www.biglifefinancial.com/MWSupport the showJoin our Mind Wrench mailing list!

Dental A Team w/ Kiera Dent and Dr. Mark Costes
#773: Small Tweaks For Major Tax Breaks

Dental A Team w/ Kiera Dent and Dr. Mark Costes

Play Episode Listen Later Dec 20, 2023 41:01


Derick Van Ness of Big Life Financial is spilling more tax-related secrets, and just in time for the end of the year. He talks with Kiera about tax strategies you have and haven't heard about, including tax-smart investments, when tax planning should start, and how to make dollars productive instead of consumptive. Episode resources: Learn more about Big Life Financial Download for free: Tax Strategies Your CPA Isn't Telling You Get in touch with Derick directly: derick@biglifefinancial.com  Listen to episode 693, Strategically Prepare for Economic Downfall Listen to episode 511, Tax Time: Getting the Most Bang For Your Buck Listen to episode 462, Get Tax Savvy Reach out to Kiera: hello@thedentalateam.com  Subscribe to The Dental A-Team podcast Become Dental A-Team Platinum! Review the podcast

The Remarkable CEO for Chiropractors
217 - How to Design Your Office to Attract Your Ideal Customers

The Remarkable CEO for Chiropractors

Play Episode Listen Later Sep 5, 2023 42:39


Your Practice Design / Look and Feel Speaks Volumes to The Marketplace3 Key Features of a Remarkable Practice designDon't Make these expensive mistakesDesign the practice that represents your Mission and Service - without breaking the bankDesign it and build it the right way - the first timeYour practice can be built in stages - and phases…what's best for you now? Episode Highlights01:47 - Your physical space is a visual representation of your brand.04:47 - Throughout the stages of launch, build, scale, and exit there is a need for upgrades and improvements in both the physical space and the overall experience of your patients. 08:25 - Creating a vision is important for success which includes the physical space of your practice.  Consider various aspects such as practice style, equipment, team members, patient flow, and additional services. 14:48 - Building your dream team for the architectural design of your space. 19:13 - In your space, start clean and minimalistic, don't clutter with unnecessary items or even expensive ones. 24:14 -The importance of continuity of your brand in all aspects of your business. 30:00 - Stay tuned as Dr. Pete is joined by Success Partner, Justin Maxwell of Big Life Financial. Justin is passionate about helping individuals and businesses keep more of their hard-earned money through automation, systemization, and simplicity. Listen as he shares valuable insights about automated savings and the importance of building a financial foundation for long-term success and reveals how automating your savings can free you from financial stress and uncertainty, allowing you to invest in what truly matters to you. About Our GuestCarolyn Boldt is personally passionate about holistic health and wellness, and an outspoken advocate that the environment of your space impacts your success.With over 40 years of experience in the commercial interior industry, she holds a BS in Interior Architectural Design from University of Texas at Austin, is NCIDQ Certified, a Registered Designer, a LEED AP, and Professional Member of IIDA/International Interior Design Association.In 2004, she and her husband, Scott, co-founded CrossFields as a design-build firm in Atlanta. In 2011 they changed their focus to expand the impact of holistic health by elevating the public's image of alternative medicine through virtually creating outstanding healing environments nationwide.Carolyn loves to spend her time with her 8 wonderful grandchildren, involvement in church and community activities, traveling, and boating on the lake with her husband.https://crossfieldsdesign.com/ Resources MentionedFor more information on the REM Launch Program please visit: www.theremarkablepractice.com/rem-launchFor more information about the Attraction Immersion, please visit: https://theremarkablepractice.com/2023-attraction-immersion/Build your dream team with Chiro Match Makers. Learn more at https://chiromatchmakers.com/For more information about Big Life Financial please visit: www.biglifefinancial.comSchedule a Brainstorming call with Dr. PeteDr. Stephen's LinkedInDr. Peter's LinkedInThe Remarkable CEO WebsiteDr. Stephen's Book – The Remarkable Practice: The Definitive Guide to Build a Thriving Chiropractic Business

The Cash Compound - Podcast
INfinite Banking INterview: Justin Maxwell

The Cash Compound - Podcast

Play Episode Listen Later Jul 14, 2023


JDew interviews Justin Maxwell of Big Life Financial in Salt Lake City, Utah. Big Life believes that each individual is their own greatest asset...but, many people have money leaving them unnecessarily that limits that person's potential. Justin and his team says that each American business owner is OVERpaying at least $11k to Uncle Sam and the IRS. Big Life loves to fix those leaks. Connect with Justin at https://www.biglifefinancial.com/ Infinite Banking Interview-Justin Maxwell.mp3F [...]

Mind Wrench Podcast
Episode #133- Are you missing this tax break?- w/ Derick Van Ness- BigLife Financial

Mind Wrench Podcast

Play Episode Listen Later Jul 10, 2023 43:56


What if you were sitting on a goldmine of tax credits without even knowing it? You're not going to want to miss this extremely valuable interview with Derek Van Ness, founder and CEO of Big Life Financial, as we reveal hidden tax advantages for your small business. With his vast experience in finance, marketing, real estate, and wealth strategy, Derek takes us through an eye-opening journey into the world of the Research & Development credit, a tax advantage many shop owners are unaware of. Additionally, we touch on the Employee Retention Credit? This could be your tool for saving up to $26,000 per employee! Unsure of  how mindset and self-development play a crucial role in your business? Derek, who has mentored over 1500 business owners, is here to enlighten us on this often-overlooked facet of entrepreneurship. Listen in as he discusses his journey through sales, real estate investment, and his eventual destiny in founding Big Life Financial. You'll learn why leaning towards self-development can be the catalyst you need to propel your business to the next level.Join us as we  dive into the financial errors you, as a small business owner, might be making. Derek will share insights on controlling expenses and balancing sales and profits. He will also guide you through the deadlines to fully benefit from these credits. Don't miss this enlightening conversation that could potentially save you thousands of dollars on your business taxes!Guest Info – Derick Van Ness -CEO/Founder of Biglifefinancial.com Website:  https://www.biglifefinancial.com/tax-rebates LinkedIn: linkedin.com/in/derickvanness  Click here

From Adversity to Abundance
Overcoming Fear and Creating a Life of Fulfillment: Wealth Strategist Justin Maxwell's Journey

From Adversity to Abundance

Play Episode Listen Later Jul 4, 2023 59:49


Join tax and wealth strategist Justin Maxwell as he shares his journey from playing it safe to finding passion and fulfillment through entrepreneurship. Discover how Justin overcame his fear of failure to help small business owners keep more of their money and make intentional investment decisions. If you want to save money and make your money work for you, all while adding more value to your community, then this episode is perfect for you.In this episode, you will be able to:Uncover unique wealth-building approaches tailored for small enterprise ownersBe motivated and inspired to triumph over the dread of failure and become an unwavering entrepreneurObtain little-known tax and investment insights towards your financial journeyGet to know Justin Maxwell, a skilled tax and wealth strategist, who focuses on helping small business owners retain and grow their profits while making conscious decisions about their investments. After years of successfully saving entrepreneurs millions of dollars in taxes and unnecessary expenses, Justin has become a trusted advisor to many business owners around the country. Join us as he discusses his journey of overcoming the fear of failure in entrepreneurship. With Justin's unique perspective on tackling this common fear, listeners will gain valuable advice on facing their own anxieties to reach their full potential in both their personal and professional lives.“You have to create a creative, abundant type mindset of problem-solving. Even if you're a logical person like myself, you can still be creative with your problem-solving. And I think that's needed as an entrepreneur.”“You have a lifetime to live life and achieve everything you're doing. So you can put your business on pause for a day and go spend time with your family and you're going to be just fine because there's not an end goal. It's your life you're living and you don't have to measure yourself from other people's success.”“So the money is not important, but you still need money to experience life, to have the finances, to have powerful relationships, to have good health, to even typically, oftentimes to have a good relationship with whatever faith you're involved in. If that's not solved, all those things typically suffer.”Adversities Justin had to overcome:· Fear of failure· Settling into his “comfort or safe zone” only· Not brave enough to live up to his true full potential· Marriage challengesAbundance Justin created:· Being intentional about what he really wanted to achieve· Was a school teacher· Had a Master's Degree· Being a tax and wealth strategist with a primary focus on helping the small business owner/s keep more of the money they're making and then make deliberate decisions about where they put it so they can grow it safely and maximize their valueLessons from Justin's adversities· Take risks and push beyond the point of failure in order to realize your full potential· Invest in education or resources· Prioritize intentional reflection and goal setting in order to create a fulfilling and purposeful lifeEfficiency in Wealth ManagementEffective wealth management is crucial for entrepreneurs and individuals who wish to maximize their financial potential and live a life of abundance. An efficient approach to managing finances includes intentional planning, careful investments, and continuous monitoring to ensure alignment with short and long-term financial goals. In his conversation with Jamie Bateman, Justin Maxwell discusses the importance of managing wealth effectively, an integral aspect of his work at Big Life Financial. Justin's team helps clients identify tax-saving opportunities, make strategic investments, and be more deliberate about allocating funds to various aspects of their lives. This efficient approach to wealth management has allowed their clients to enjoy the benefits of pursuing both their personal and professional goals without sacrificing financial stability and security.Finding Fulfillment in WorkIn today's fast-paced world, finding fulfillment in our careers is essential to our overall well-being. Working merely for monetary reasons prevents us from realizing our full potential and can lead to dissatisfaction and burnout. Instead, pursuing fulfilling work that aligns with our passions, strengths, and values can help us achieve long-term success and happiness. Justin Maxwell's story highlights the importance of finding work that provides satisfaction and a sense of accomplishment. His exploration of various career paths eventually led him to discover his passion for finance and numbers. By focusing on his strengths and interests, Justin was able to build a successful business centered around helping others achieve financial success. His story serves as an inspiration and reminder that the quest for fulfillment in our work is a worthwhile endeavor.Books and ResourcesBook Yourself Solid: The Fastest, Easiest, and Most Reliable System for Getting More Clients Than You Can Handle Even if You Hate Marketing and SellingConnect with Justin Maxwell:WEBSITE: https://www.biglifefinancial.com/LINKEDIN: https://www.linkedin.com/in/justinmaxwelltaxspecialist/Connect with usWEBSITE: https://www.adversity2abundance.comLeave us a rating or review: https://www.adversity2abundance.com/reviews/new/ or hereGot comments, feedback or suggestions? We'd love to hear it! https://www.adversity2abundance.com/contact/ Follow Labrador LendingWEBSITE: https://labradorlending.com/YOUTUBE: https://www.youtube.com/channel/UChYrpCUlqFYLy4HngRrmU9Q Connect with JamieLINKEDIN: https://www.linkedin.com/in/jamie-bateman-5359a811/TWITTER: https://twitter.com/batemanjames

The Remarkable CEO for Chiropractors
202 - Leading Your Team Through The Next Cycle of Your Business

The Remarkable CEO for Chiropractors

Play Episode Listen Later May 23, 2023 38:12


In this episode, you'll discover:Assess the Past, Apply in the Present and Ascend into the Future How the 4 Domains of your practice evolvesYou are being groomed right now for what happens Next and UltimatelyGrow up and grow into the leader your business calls for Next Episode Highlights04:34 - The first shift that must happen is an identity shift. 07:12 - An overview of the three step ascension process from owner to CEO.12:51 - The demand and value of chiropractic is increasing so we need more leaders to continue to step up in our profession.15:15 - The Life of Probability vs the Life of Possibility21:06 - Recognize when a team member needs a slip-in check in order to help them become better leaders.25:32 - Dr. Pete sits down with Success Partner Justin Maxwell from Big Life Financial, who is passionate about helping people keep more of the money they make through automation, systemization, and simplicity. Listen in as they discuss the importance of automated savings and how it can lead to financial independence, as well as the common pitfalls many people face when it comes to managing their money. Resources MentionedTo learn more about the REM CEO Program, please visit:  www.theremarkablepractice.com/rem-ceoFor more information about Big Life Financial please visit: www.biglifefinancial.comSchedule a Brainstorming call with Dr. PeteDr. Stephen's LinkedInDr. Peter's LinkedInThe Remarkable CEO WebsiteDr. Stephen's Book – The Remarkable Practice: The Definitive Guide to Build a Thriving Chiropractic Business

Optimal Health Daily
2127: A Savings Strategy that Works by Derick Van Ness

Optimal Health Daily

Play Episode Listen Later Apr 30, 2023 8:52


Derick Van Ness of Big Life Financial gives us a savings strategy that works. Episode 2127: A Savings Strategy that Works by Derick Van Ness Derick Van Ness is a Wealth Strategist who is passionate about helping people reach their full potential. His company, Big Life Financial is focused on removing the mystery and misinformation surrounding money and financial strategy so people can live their BIGGEST LIFE! Derick's company can help anyone but is specifically focused on small business owners, and has already helped 1000's of them to create financial certainty and confidence. His mission is to eradicate that fear and fundamentally change the way that people think about and utilize money within the next generation. The original post is located here: https://www.biglifefinancial.com/blog/2017/12/11/a-savings-strategy-that-works Visit Me Online at OLDPodcast.com Interested in advertising on the show? Visit https://www.advertisecast.com/OptimalHealthDailyDietNutritionFitness Learn more about your ad choices. Visit megaphone.fm/adchoices

Optimal Health Daily - ARCHIVE 1 - Episodes 1-300 ONLY
2127: A Savings Strategy that Works by Derick Van Ness

Optimal Health Daily - ARCHIVE 1 - Episodes 1-300 ONLY

Play Episode Listen Later Apr 30, 2023 8:52


Derick Van Ness of Big Life Financial gives us a savings strategy that works. Episode 2127: A Savings Strategy that Works by Derick Van Ness Derick Van Ness is a Wealth Strategist who is passionate about helping people reach their full potential. His company, Big Life Financial is focused on removing the mystery and misinformation surrounding money and financial strategy so people can live their BIGGEST LIFE! Derick's company can help anyone but is specifically focused on small business owners, and has already helped 1000's of them to create financial certainty and confidence. His mission is to eradicate that fear and fundamentally change the way that people think about and utilize money within the next generation. The original post is located here: https://www.biglifefinancial.com/blog/2017/12/11/a-savings-strategy-that-works Visit Me Online at OLDPodcast.com Interested in advertising on the show? Visit https://www.advertisecast.com/OptimalHealthDailyDietNutritionFitness Learn more about your ad choices. Visit megaphone.fm/adchoices

Totally Oral Podcast
Wealth Strategy with Derik Van Ness of Big Life Financial

Totally Oral Podcast

Play Episode Listen Later Apr 23, 2023 56:27


At Voices of Dentistry, Russ and Clint met Derik Van Ness who owns Big Life Financial.  We initially begin discussing the Employee Retention Credit which neither of us knew anything about and moved on to other topics in financial advice and tax strategy.  While Derik is not a CPA, he works with CPAs to do a lot of the leg work to help make sure that you aren't paying more in taxes than you should.  If you want to learn more about Derik and his company, go to Big Life Financial.

Torsion Talk Podcast
Torsion Talk S8 E17 - Big Life Financial with Derick Van Ness

Torsion Talk Podcast

Play Episode Listen Later Feb 28, 2023 63:04


This week we have a great conversation with Derick Van Ness, a tax and wealth strategist and founder of Big Life Financial. We cover Derick's top tips for wealth management (which may surprise you), why you should still look into ERC even if your CPA says you don't qualify, and surprising information on the R&D tax credit and how garage door businesses may be able to qualify for it. To schedule a free consultation with Derick, visit http://BigLifeFinancial.com/torsion Derick Van Ness is a Tax & Wealth Strategist for Dentists, Doctors, and other small business owners who are great at what they do, but not as well versed in the intricacies of taxes and building wealth. He has an uncanny ability to make complex topics easy to grasp and his clients constantly appreciate his ability understand the unique needs of being an entrepreneur. Derick is passionate about helping people get the “money game” figured out so they can begin living their BIGGEST LIFE as soon as possible. He deeply believes each person has something unique and valuable to contribute to the world and his mission is to eradicate money as a barrier to his clients creating a life they adore. His team at Big Life Financial uses little known tax and financial strategies to help clients drastically and legally reduce their taxes and build “money systems” to ensure they build wealth quickly and safely. The combination of the two can create exponential results and the confidence that goes along with having a true plan and knowing how to execute it! In his free time Derick loves racing sail boats, creating art, west coast swing dancing, and traveling with his wife Jacqui! He currently lives between Saratoga Springs UT and San Diego CA after spending 20 years living all across the US including Washington DC, Brooklyn, Texas and Los Angeles. Find Derick at: http://BigLifeFinancial.com/torsion derick@biglifefinancial.com LinkedIn: DerickVanNess Find Ryan at: https://garagedooru.com https://aaronoverheaddoors.com https://suchnsuchmedia.com Check out our sponsors! Sommer USA - http://sommer-usa.com Surewinder - https://surewinder.com --- Send in a voice message: https://anchor.fm/torsion-talk/message

Entrepreneur Mindset-Reset with Tracy Cherpeski
EP 90: Capturing Opportunity Cost with Justin Maxwell

Entrepreneur Mindset-Reset with Tracy Cherpeski

Play Episode Listen Later Feb 1, 2023 32:20


Thanks for tuning-in today for a new episode of Thriving Practice. In today's episode, I'm speaking with Justin Maxwell of Big Life Financial.  Our conversation covered a lot, with a strong focus on how to reduce the financial stressors that you will likely experience along the way in your career. I recommend you take notes and reach out to Justin if you're curious about paying down student loans or learning more about how to take charge of your wealth. If you're in healthcare, you likely have student loans. So, you'll want to listen closely to what Justin says about paying off your loans, and how you might be able to capitalize on the tax code that can help you bring your payment down substantially to zero, or nearly to zero.  His parting wisdom is: Don't let the tax tail wag the dog and dictate your financial life. There's a better way to do this. Learning how to get your hard-earned money to work for you is something we hear about a lot, and this conversation with Justin highlights several ways to make that happen.  Bio: Justin Maxwell is a tax and wealth strategist. He helps business owners, particularly medical professional business owners, plug money leaks, become more efficient with the money earned and create the certainty needed to live a big life. He has helped hundreds of business owners around the country saves tens of millions of dollars in taxes and student loan interest. He is married to a beautiful woman and the father of three rambunctious boys. Most people coach you on how to make more money or how to grow your money. Justin focuses on helping you keep the more of the money you already earned.   Find Justin: Phone: 801-882-1377 Email: justinm@biglifefinancial.com License #767041 LinkedIn Website Connect With Us: Schedule Strategy Session with Tracy Tracy's LinkedIn Business Page LinkedIn

Optimal Relationships Daily
1633: How to Make Good Financial Decisions by Derick Van Ness

Optimal Relationships Daily

Play Episode Listen Later Jan 29, 2023 14:47


Derick Van Ness of Big Life Financial tells us how we can make good financial decisions. Episode 1633: How to Make Good Financial Decisions by Derick Van Ness Derick Van Ness is a Wealth Strategist who is passionate about helping people reach their full potential. His company, Big Life Financial is focused on removing the mystery and misinformation surrounding money and financial strategy so people can live their BIGGEST LIFE! Derick's company can help anyone but is specifically focused on small business owners, and has already helped 1000's of them to create financial certainty and confidence. His mission is to eradicate that fear and fundamentally change the way that people think about and utilize money within the next generation. The original post is located here: https://www.biglifefinancial.com/blog/2019/11/4/how-to-make-good-financial-decisions  Visit Me Online at OLDPodcast.com Interested in advertising on the show? Visit https://www.advertisecast.com/OptimalRelationshipsDailyMarriageParenting Learn more about your ad choices. Visit megaphone.fm/adchoices

The Remarkable CEO for Chiropractors
165 - 12 Rules for Life (Part 2)

The Remarkable CEO for Chiropractors

Play Episode Listen Later Sep 6, 2022 30:48


Listen into Part 2 of a conversation with our Remarkable CEOs Dr. Pete Camiolo and Dr. Stephen Franson talk about sending Sam Franson off to freshman year in college with some words of wisdom…they may just help you become a better leader at home and in your business. 7. More money, more options8. If you want to make millions of dollars, help millions of people9. It's wicked hard - but it's worth it10. Put it on the calendar11. You can always choose your attitude12. God is in charge - and he is good. Do you know someone who needs to hear this?  Please share!  Thank you! Episode Highlights03:04 - Have aspirations and big dreams and but don't allow yourself to be led into materialism and entitlement.07:06 - Shift your focus from just making money to adding value by solving problems for people.11:17 - The struggle is intrinsic to being able to enjoy and take advantage of whatever is on the other side of that wall.14:20 - Once you start valuing your time, and you recognize it's just such a limited resource, you become very careful about how you spend it.16:59 - Although you may not be able to change the situation, you can change your experience of it and your performance inside of it.18:55 - You may know what you want as far as an outcome, but God knows best and He's got a great plan for you.21:01 - Don't miss Dr. Stephen's interview with TRP Success Partner, Justin Maxwell from Big Life Financial.   Uncover how BLF helps business owners, as they experience growth, to maintain as much of their financial gains as possible through tax strategies, insurance, and a holistic approach to what the individual doctor values.   Resources MentionedTo learn more about the REM CEO Program, please visit: www.theremarkablepractice.com/rem-ceoFor more information about Big Life Financial please visit: www.biglifefinancial.com/Schedule a Brainstorming call with Dr. PeteDr. Stephen's LinkedInDr. Peter's LinkedInThe Remarkable CEO WebsiteDr. Stephen's Book – The Remarkable Practice: The Definitive Guide to Build a Thriving Chiropractic Business

The Remarkable CEO for Chiropractors
147 - What You Focus On Matters… A Lot

The Remarkable CEO for Chiropractors

Play Episode Listen Later May 3, 2022 35:40


Do you have a budget for your time, energy, and focus like you do for your money? You've heard us say that the CEO is the Chief Energy Officer – because your business is a reflection of your energy…your energy and your team's energy. But did you know that you are also the “CFO”?  (And we aren't talking about money, here.) You are the Chief Focus Officer! Your job is to COLLECT and DIRECT the FOCUS of your team so that collectively you will achieve what's important now and what's important next.In this episode, we help you reevaluate Your ROF: The return on investment of your focus. Episode Highlights03:00 - Focus on the outcomes is not necessarily what you want to be doing but rather the behaviors that are driving the outcomes.04:56 - Collect and Direct the four limited resources of your organization; time, energy, focus, and money8:49 - If it doesn't feel like you're making progress, stay in it, because it's the little things that accumulate over time to create momentum.11:13 - Do you have a budget for your time, focus, and energy?15:41 - When you're consciously focusing on something, the mind is incredibly efficient and effective, it blocks everything else out19:30 - As a CEO you are actually the CFO, the Chief Focus Officer, directing your practice to focus where it needs to be22:58 - This consciousness of focusing is how you take your job and turn it into a business25:51 - Don't miss Dr. Stephen's interview with TRP Success Partner, Justin Maxwell from Big Life Financial.   Uncover how BLF helps business owners, as they experience growth, to maintain as much of their financial gains as possible through tax strategies, insurance, and a holistic approach to what the individual doctor values.   Resources MentionedTo register for the Conversion Retention Immersion, please visit our site here: https://theremarkablepractice.com/upcoming-events/For more information about Big Life Financial please visit: www.biglifefinancial.com/Schedule a Brainstorming call with Dr. PeteDr. Stephen's LinkedInDr. Peter's LinkedInThe Remarkable CEO WebsiteDr. Stephen's Book – The Remarkable Practice: The Definitive Guide to Build a Thriving Chiropractic Business

Dental A Team w/ Kiera Dent and Dr. Mark Costes
Tax Time: Getting the Most Bang for Your Buck

Dental A Team w/ Kiera Dent and Dr. Mark Costes

Play Episode Listen Later Apr 14, 2022 43:45


Derick Van Ness, founder and wealth strategist at Big Life Financial, is back because … it's tax time! In this episode, Dental A-Team listeners are students of the tax world. Derrick gives his advice on how to save money on taxes, what the right tax advantage investments look like, donation strategies, taxation tier levels, and a ton more. Episode resources: Learn more about Big Life Financial Book your FREE tax strategy session Get in touch with Derick directly: derick@biglifefinancial.com  Listen to episode 462, Get Tax Savvy Reach out to Kiera Subscribe to The Dental A-Team podcast Become Dental A-Team Platinum! Review the podcast on iTunes

The Dental Brief Podcast
Dentist Tax Strategies Most Business Owners are Missing | Derick Van Ness | The Dental Brief #130

The Dental Brief Podcast

Play Episode Listen Later Feb 4, 2022 13:48


Tax Strategies Most Business Owners are MissingDerick Van Ness is a Wealth Strategist who is passionate about helping people reach their full potential. His company, Big Life Financial, is focused on removing the mystery and misinformation surrounding money and financial strategy. Furthermore, so people can live their BIGGEST LIFE!Derick believes that each person has something unique and valuable to contribute to the world, but that most people are never able to express that gift due to fear, doubt, or worry related to money.His mission is to eradicate that fear To Educate on dentist tax strategies, and fundamentally change the way that people think about and utilize money within the next generation. Derick's company can help anyone, but is specifically focused on small business owners. Also, it has already helped 1000's of them to create financial certainty and confidence. He is a straight shooter and has an uncanny ability to explain complex concepts in a simple way that allows clients to see massive results!In his free time, Derick enjoys racing sailboats, creating art, and competing in WestCoast Swing dancing. He currently lives in his hometown of Draper, Utah after spending 20 years away living all over the US including: Washington DC, Brooklyn,Texas, and Southern California.CONNECT with Derick Van Ness:310-621-2980in:/derickvannesshttp://BigLifeFinancial.comderick@biglifefinancial.com@biglifefinancialWant to learn more about Big Life Financial?Visit: BigLifeFinancial.comTo Find and Listen to all of The Dental Brief EpisodesVisit:  dentalbrief.comOur Sponsor: OmniPremier.com

The Dentalpreneur Podcast w/ Dr. Mark Costes
1354: Increase Your Net Income, Pt. 2

The Dentalpreneur Podcast w/ Dr. Mark Costes

Play Episode Listen Later Jan 19, 2022 32:28


Our guest today, Derrick Van Ness, is the Founder of Big Life Financial. He joined the DSI crew at the latest mastermind to discuss a few strategies on how to increase net income. In fact, there is probably enough content in this two part show to put an extra 50k in your pocket every year. Tune in for some nuggets how to keep more of your money, and predictably grow your nest egg year over year. EPISODE RESOURCES Subscribe to The Dentalpreneur Podcast Visit the Dentalpreneur Podcast website Write a Review on iTunes Dental Success Network

The Dentalpreneur Podcast w/ Dr. Mark Costes
1353: Increase Your Net Income, Pt. 1

The Dentalpreneur Podcast w/ Dr. Mark Costes

Play Episode Listen Later Jan 18, 2022 36:21


Our guest today, Derrick Van Ness, is the Founder of Big Life Financial. He joined the DSI crew at the latest mastermind to discuss a few strategies on how to increase net income. In fact, there is probably enough content in this two part show to put an extra 50k in your pocket every year. Tune in for some nuggets how to keep more of your money, and predictably grow your nest egg year over year. EPISODE RESOURCES Subscribe to The Dentalpreneur Podcast Visit the Dentalpreneur Podcast website Write a Review on iTunes Dental Success Network

Dental A Team w/ Kiera Dent and Dr. Mark Costes

Derick Van Ness, founder and wealth strategist of Big Life Financial, is here to make tax-talk interesting! He joins Kiera to educate listeners about tax efficiency, and specifically research and development credits.  Learn about the history of R&D credits, the steps to be successful, and why this tax approach absolutely applies to dentists who are 1) paying taxes and 2) making a profit. Most of the practices Big Life Financial works with get $30,000 to $75,000 back by experimenting with these credits! Derick even shares whether or not this approach will get you audited or not. Episode resources: Learn more about Big Life Financial Book your free tax strategy session Get in touch with Derick directly: derick@biglifefinancial.com  Reach out to Kiera Subscribe to The Dental A-Team podcast Become Dental A-Team Platinum! Review the podcast on iTunes

The Business Growth Pod with Allan Draper
S2Ep38: Build Your Personal and Business Financial Wealth

The Business Growth Pod with Allan Draper

Play Episode Listen Later Sep 8, 2021 30:23


In today's episode, Allan welcomes Derick Van Ness. Derick is the founder of Big Life Financial and is passionate about helping business owners create financial certainty and confidence. Allan and Derick discuss the importance of paying yourself, saving money, and diversifying your assets. Entrepreneurs need to come up with a plan for when they make money, and what they are going to do with it.

BioTech IQ
#21 Research and Development Tax Credits

BioTech IQ

Play Episode Listen Later Jun 11, 2021 36:05


Let's talk a little bit of tax and financial strategy! On this episode we have guests Derick Van Ness, a tax/financial strategist and owner of Big Life Financial and Justin Maxwell, President of Small Business Incentive Consultants. They discuss in further detail section 41 of the IRS tax code which cover R&D tax credits. 

The Business Credit and Financing Show
How to Create a Financial Peace of Mind

The Business Credit and Financing Show

Play Episode Listen Later Jun 1, 2021 31:08


Derick Van Ness is a Wealth Strategist who is passionate about helping people reach their full potential. His company, Big Life Financial is focused on removing the mystery and misinformation surrounding money and financial strategy so people can live their BIGGEST LIFE!   Derick believes that each person has something unique and valuable to contribute to the world, but that most people are never able to express that gift due to fear, doubt, or worry related to money. His mission is to eradicate that fear and fundamentally change the way that people think about the utilize money within the next generation.   During the show we discuss: ● What's happening now in the economy that can rob your financial freedom ● What's happening with inflation that can adversely affect you ● What's happening with real estate values now ● How getting government money affects you as a business owner ● Why now is the time to borrow money ● Why now is a great time for you if you have asset ● Why you can expect interest rates to climb in the years to come ● The keys to financial peace of mind ● Tips to foster your financial peace of mind ● The biggest financial mistake ● Why to avoid falling into the “gambling trap” many entrepreneurs are in now ● How to adopt the money maximization model ● What's happening currently that can hurt you financially ● How to get credits that greatly benefit your business ● What financial experts we should have in our corner     Show resources:

Shock Your Potential
Ease the Stress of Cash Flow - Derick Van Ness

Shock Your Potential

Play Episode Listen Later Apr 7, 2021 39:05


Have you ever wondered whether your pursuit of or fear of lack of money was getting in the way of what you really want to do? If so, you don't want to miss our guest today. Derick Van Ness is a Wealth Strategist who is passionate about helping people reach their full potential. His company, Big Life Financial is focused on removing the mystery and misinformation surrounding money and financial strategy so people can live their BIGGEST LIFE! In this episode we talk about the value structure can bring to your financial plan, the history behind retirement (bet you never thought about that before!), easing the stress of cash flow, and investing in the things that you know about, care about and have some degree of control over. Derick believes that each person has something unique and valuable to contribute to the world, but that most people are never able to express that gift due to fear, doubt, or worry related to money. His mission is to eradicate that fear and fundamentally change the way that people think about and utilize money within the next generation.   Listen in! https://LinkedIn.com/in/derickvanness/ http://BigLifeFinancial.com/ https://twitter.com/biglifefinancial https://facebook.com/derick.vanness/ https://facebook.com/biglifefinancial/ …………………………………………………. Thank you to our April Sponsor: Entrepreneur's Guide to Financial Well-Being or Wayne Titus Imagine starting a long journey without a map…or even a clear idea of the obstacles ahead. That's exactly what it's like for entrepreneurs who start companies with a lot of passion, but without the financial expertise to grow and scale their businesses and create long-term wealth for their families. Wayne Titus shows you how to find a financial adviser who can help you map a better journey. In his book, The Entrepreneur's Guide to Financial Well-Being.  With the right adviser at your side, you'll have the freedom to focus on what really matters to you. Get The Entrepreneur's Guide to Financial Well-Being at Amazon.com and in the virtual bookstore on the Shock Your Potential app.  

The Walkshow
Big Life Financial - Derick Van Ness

The Walkshow

Play Episode Listen Later Mar 21, 2021 44:25


This week we are joined by Derick Van Ness founder of Big Life Financial. Big Life Financial is helping people unlock greater potential by helping them remove money as a barrier to their dreams. As Derick puts it in our conversation, when money is no longer an issue life stops being about survival and becomes about impact and contribution. Derick shares some very interesting insights into his work and the financial world at large.   Music by Misha Zarins. Show Links:  Derick's Website: https://www.biglifefinancial.com/ Derick's YouTube: https://www.youtube.com/channel/UCizOCPJqijbE1y2o2ANSCag Misha YouTube: https://www.youtube.com/channel/UCf1hf_KEOaqnq3q6Yb3_hbw (https://www.youtube.com/channel/UCf1hf_KEOaqnq3q6Yb3_hbw) Walkshow Website: https://thewalkshowpodcast.com/ (https://thewalkshowpodcast.com/) Walkshow Twitter: https://twitter.com/TheWalkshowPod (https://twitter.com/TheWalkshowPod) Walkshow Instagram: https://www.instagram.com/the_walkshow/ (https://www.instagram.com/the_walkshow/) Walkshow Facebook: https://www.facebook.com/thewalkshow/ (https://www.facebook.com/thewalkshow/) Walkshow Email: walker@thewalkshowpodcast.com

The Good Success Podcast
EP218: Keep More of The Money You Make with Derick Van Ness

The Good Success Podcast

Play Episode Listen Later Mar 1, 2021 61:43


Derick Van Ness is a Wealth Strategist who is passionate about helping people reach their full potential. His company, Big Life Financial is focused on removing the mystery and misinformation surrounding money and financial strategy so people can live their BIGGEST LIFE!

Say What Needs Saying: The Most Controversially Civil Conversation Podcast
Derick Van Ness Says What Needs Saying: Wealth, Finances, and Investing

Say What Needs Saying: The Most Controversially Civil Conversation Podcast

Play Episode Listen Later Feb 22, 2021 63:24


In this episode, Zack and Brandon sit down with Derick Van Ness, a Wealth Strategist with Big Life Financial, and discuss financial freedom, wealth and money management, investing (and what to do even if you still have student debt or other barriers), and more. Money is one of the most important aspects of life, but yet we never talk about it. Help us change that and Say What Needs Saying about money. --- Support this podcast: https://anchor.fm/say-what-needs-saying/support

Optimal Finance Daily - ARCHIVE 1 - Episodes 1-300 ONLY
1428: The Most Important Financial Habit AND Why Simple Financial Strategy Works by Derick Van Ness of BigLifeFinancial

Optimal Finance Daily - ARCHIVE 1 - Episodes 1-300 ONLY

Play Episode Listen Later Feb 5, 2021 11:26


Derick Van Ness of Big Life Financial shares two short posts on the most important financial habit and why simple finance strategies work. Episode 1428: The Most Important Financial Habit AND Why Simple Financial Strategy Works by Derick Van Ness of BigLifeFinancial Derick Van Ness is a Wealth Strategist who is passionate about helping people reach their full potential. His company, Big Life Financial is focused on removing the mystery and misinformation surrounding money and financial strategy so people can live their BIGGEST LIFE! Derick's company can help anyone but is specifically focused on small business owners, and has already helped 1000's of them to create financial certainty and confidence. His mission is to eradicate that fear and fundamentally change the way that people think about and utilize money within the next generation. The original posts are located here: https://www.biglifefinancial.com/blog/2017/9/4/the-most-important-financial-habit & https://www.biglifefinancial.com/blog/2019/11/7/why-simple-financial-strategy-works For a limited time, BitTrust IRA is waiving the signup fee for OFD listeners - a $50 value. That's BitTrustIRA.com/OFD Please Rate & Review the Show!  Visit Me Online at OLDPodcast.com and in The O.L.D. Facebook Group  Join the Ol' Family to get your Free Gifts and join our online community: OLDPodcast.com/group   Interested in advertising on the show? https://www.advertisecast.com/OptimalFinanceDaily Learn more about your ad choices. Visit megaphone.fm/adchoices

Optimal Finance Daily - ARCHIVE 2 - Episodes 301-600 ONLY
1428: The Most Important Financial Habit AND Why Simple Financial Strategy Works by Derick Van Ness of BigLifeFinancial

Optimal Finance Daily - ARCHIVE 2 - Episodes 301-600 ONLY

Play Episode Listen Later Feb 5, 2021 11:26


Derick Van Ness of Big Life Financial shares two short posts on the most important financial habit and why simple finance strategies work. Episode 1428: The Most Important Financial Habit AND Why Simple Financial Strategy Works by Derick Van Ness of BigLifeFinancial Derick Van Ness is a Wealth Strategist who is passionate about helping people reach their full potential. His company, Big Life Financial is focused on removing the mystery and misinformation surrounding money and financial strategy so people can live their BIGGEST LIFE! Derick's company can help anyone but is specifically focused on small business owners, and has already helped 1000's of them to create financial certainty and confidence. His mission is to eradicate that fear and fundamentally change the way that people think about and utilize money within the next generation. The original posts are located here: https://www.biglifefinancial.com/blog/2017/9/4/the-most-important-financial-habit & https://www.biglifefinancial.com/blog/2019/11/7/why-simple-financial-strategy-works For a limited time, BitTrust IRA is waiving the signup fee for OFD listeners - a $50 value. That's BitTrustIRA.com/OFD Please Rate & Review the Show!  Visit Me Online at OLDPodcast.com and in The O.L.D. Facebook Group  Join the Ol' Family to get your Free Gifts and join our online community: OLDPodcast.com/group   Interested in advertising on the show? https://www.advertisecast.com/OptimalFinanceDaily Learn more about your ad choices. Visit megaphone.fm/adchoices

Optimal Finance Daily
1428: The Most Important Financial Habit AND Why Simple Financial Strategy Works by Derick Van Ness of BigLifeFinancial

Optimal Finance Daily

Play Episode Listen Later Feb 5, 2021 10:27


Derick Van Ness of Big Life Financial shares two short posts on the most important financial habit and why simple finance strategies work. Episode 1428: The Most Important Financial Habit AND Why Simple Financial Strategy Works by Derick Van Ness of BigLifeFinancial Derick Van Ness is a Wealth Strategist who is passionate about helping people reach their full potential. His company, Big Life Financial is focused on removing the mystery and misinformation surrounding money and financial strategy so people can live their BIGGEST LIFE! Derick's company can help anyone but is specifically focused on small business owners, and has already helped 1000's of them to create financial certainty and confidence. His mission is to eradicate that fear and fundamentally change the way that people think about and utilize money within the next generation. The original posts are located here: https://www.biglifefinancial.com/blog/2017/9/4/the-most-important-financial-habit & https://www.biglifefinancial.com/blog/2019/11/7/why-simple-financial-strategy-works For a limited time, BitTrust IRA is waiving the signup fee for OFD listeners - a $50 value. That's BitTrustIRA.com/OFD Please Rate & Review the Show!  Visit Me Online at OLDPodcast.com and in The O.L.D. Facebook Group  Join the Ol' Family to get your Free Gifts and join our online community: OLDPodcast.com/group   Interested in advertising on the show? https://www.advertisecast.com/OptimalFinanceDaily

Optimal Finance Daily - ARCHIVE 1 - Episodes 1-300 ONLY
1397: Where to Invest First AND Get Off the Financial Treadmill and Start Building Wealth by Derick Van Ness

Optimal Finance Daily - ARCHIVE 1 - Episodes 1-300 ONLY

Play Episode Listen Later Jan 5, 2021 11:38


Derick Van Ness of Big Life Financial talks about where to invest first and encourages us to get off the financial treadmill. Episode 1397: Where to Invest First AND Get Off the Financial Treadmill and Start Building Wealth by Derick Van Ness Derick Van Ness is a Wealth Strategist who is passionate about helping people reach their full potential. His company, Big Life Financial is focused on removing the mystery and misinformation surrounding money and financial strategy so people can live their BIGGEST LIFE! Derick's company can help anyone but is specifically focused on small business owners, and has already helped 1000's of them to create financial certainty and confidence. His mission is to eradicate that fear and fundamentally change the way that people think about and utilize money within the next generation. The original posts are located here: https://www.biglifefinancial.com/blog/2019/2/1/where-to-invest-first & https://www.biglifefinancial.com/blog/2018/8/15/get-off-the-financial-treadmill Gusto offers modern, easy payroll and benefits to small businesses across the country. Get in touch now and get three months free when you run your first payroll. Just go to gusto.com/ofd. Please Rate & Review the Show!  Visit Me Online at OLDPodcast.com and in The O.L.D. Facebook Group  Join the Ol' Family to get your Free Gifts and join our online community: OLDPodcast.com/group   Interested in advertising on the show? https://www.advertisecast.com/OptimalFinanceDaily Learn more about your ad choices. Visit megaphone.fm/adchoices

Optimal Finance Daily - ARCHIVE 2 - Episodes 301-600 ONLY
1397: Where to Invest First AND Get Off the Financial Treadmill and Start Building Wealth by Derick Van Ness

Optimal Finance Daily - ARCHIVE 2 - Episodes 301-600 ONLY

Play Episode Listen Later Jan 5, 2021 11:38


Derick Van Ness of Big Life Financial talks about where to invest first and encourages us to get off the financial treadmill. Episode 1397: Where to Invest First AND Get Off the Financial Treadmill and Start Building Wealth by Derick Van Ness Derick Van Ness is a Wealth Strategist who is passionate about helping people reach their full potential. His company, Big Life Financial is focused on removing the mystery and misinformation surrounding money and financial strategy so people can live their BIGGEST LIFE! Derick's company can help anyone but is specifically focused on small business owners, and has already helped 1000's of them to create financial certainty and confidence. His mission is to eradicate that fear and fundamentally change the way that people think about and utilize money within the next generation. The original posts are located here: https://www.biglifefinancial.com/blog/2019/2/1/where-to-invest-first & https://www.biglifefinancial.com/blog/2018/8/15/get-off-the-financial-treadmill Gusto offers modern, easy payroll and benefits to small businesses across the country. Get in touch now and get three months free when you run your first payroll. Just go to gusto.com/ofd. Please Rate & Review the Show!  Visit Me Online at OLDPodcast.com and in The O.L.D. Facebook Group  Join the Ol' Family to get your Free Gifts and join our online community: OLDPodcast.com/group   Interested in advertising on the show? https://www.advertisecast.com/OptimalFinanceDaily Learn more about your ad choices. Visit megaphone.fm/adchoices

Optimal Finance Daily
1397: Where to Invest First AND Get Off the Financial Treadmill and Start Building Wealth by Derick Van Ness

Optimal Finance Daily

Play Episode Listen Later Jan 5, 2021 10:39


Derick Van Ness of Big Life Financial talks about where to invest first and encourages us to get off the financial treadmill. Episode 1397: Where to Invest First AND Get Off the Financial Treadmill and Start Building Wealth by Derick Van Ness Derick Van Ness is a Wealth Strategist who is passionate about helping people reach their full potential. His company, Big Life Financial is focused on removing the mystery and misinformation surrounding money and financial strategy so people can live their BIGGEST LIFE! Derick's company can help anyone but is specifically focused on small business owners, and has already helped 1000's of them to create financial certainty and confidence. His mission is to eradicate that fear and fundamentally change the way that people think about and utilize money within the next generation. The original posts are located here: https://www.biglifefinancial.com/blog/2019/2/1/where-to-invest-first & https://www.biglifefinancial.com/blog/2018/8/15/get-off-the-financial-treadmill Gusto offers modern, easy payroll and benefits to small businesses across the country. Get in touch now and get three months free when you run your first payroll. Just go to gusto.com/ofd. Please Rate & Review the Show!  Visit Me Online at OLDPodcast.com and in The O.L.D. Facebook Group  Join the Ol' Family to get your Free Gifts and join our online community: OLDPodcast.com/group   Interested in advertising on the show? https://www.advertisecast.com/OptimalFinanceDaily

The Business Credit and Financing Show
How to Reach Financial Freedom

The Business Credit and Financing Show

Play Episode Listen Later Dec 16, 2020 31:24


Derick Van Ness is a Wealth Strategist who is passionate about helping people reach their full potential. His company, Big Life Financial is focused on removing the mystery and misinformation surrounding money and financial strategy so people can live their BIGGEST LIFE!   Derick believes that each person has something unique and valuable to contribute to the world, but that most people are never able to express that gift due to fear, doubt, or worry related to money. His mission is to eradicate that fear and fundamentally change the way that people think about the utilize money within the next generation.   Derick's company can help anyone but is specifically focused on small business owners, and has already helped 1000's of them to create financial certainty and confidence. He is a straight shooter and has an uncanny ability to explain complex concepts in a simple way that allows clients to see massive results!   During the show we discuss:   ● Why money should never stop you from living big ● What financial freedom is ● Habits that set the wealthy apart ● How to know when and how much to save ● How to make better financial decisions ● Why simple financial strategy works ● Saving strategy that works ● Importance of setting a deadline to financial goals ● Why track all the financial transactions ● How to grow and protect assets like the wealthy ● What most people are doing that isn't working financially ● Biggest financial mistakes people are making ● Where to invest first ● What to do before you invest and how to manage investment ● What business owner know about their finances ● Steps to achieve financial freedom ● Why should a person use a financial advisor   Show resources: https://www.biglifefinancial.com/

H for Hustle podcast
Money Should Never Stop You From Living Big with -Derick Van Ness -Episode 54

H for Hustle podcast

Play Episode Listen Later Dec 15, 2020 62:56


In this week's episode, we sit down with Derek Van Ness, the founder of Big Life Financial. We dive into Derick's story of being a kid coming straight out of college with no actual Direction and what he wanted. He decided to start a sales job where he had to make thousands of calls a day. To do that process, he learned sales pretty well but realized that sales were not the place for him, and that's where his entrepreneurial Journey starts and what a journey it is. Guest Info : website: www.biglifefinancial.com Instagram:https://www.instagram.com/derickvanness/ linkedin : https://www.linkedin.com/in/derickvanness/ --- Support this podcast: https://anchor.fm/hforhustle/support

Optimal Finance Daily - ARCHIVE 1 - Episodes 1-300 ONLY
1368: How to Make Good Financial Decisions by Derick Van Ness of Big Life Financial on Investment Vehicle Advice

Optimal Finance Daily - ARCHIVE 1 - Episodes 1-300 ONLY

Play Episode Listen Later Dec 7, 2020 13:59


Derick Van Ness of Big Life Financial tells us how we can make good financial decisions. Episode 1368: How to Make Good Financial Decisions by Derick Van Ness of Big Life Financial on Investment Vehicle Advice Derick Van Ness is a Wealth Strategist who is passionate about helping people reach their full potential. His company, Big Life Financial is focused on removing the mystery and misinformation surrounding money and financial strategy so people can live their BIGGEST LIFE! Derick's company can help anyone but is specifically focused on small business owners, and has already helped 1000's of them to create financial certainty and confidence. His mission is to eradicate that fear and fundamentally change the way that people think about and utilize money within the next generation. The original post is located here: https://www.biglifefinancial.com/blog/2019/11/4/how-to-make-good-financial-decisions For a limited time, BitTrust IRA is waiving the signup fee for OFD listeners - a $50 value. That's BitTrustIRA.com/OFD Please Rate & Review the Show! Visit Me Online at OLDPodcast.com and in  The O.L.D. Facebook Group and Join the Ol' Family to get your Free Gifts!   Interested in advertising on the show? Visit https://www.advertisecast.com/OptimalFinanceDaily Learn more about your ad choices. Visit megaphone.fm/adchoices

Optimal Finance Daily - ARCHIVE 2 - Episodes 301-600 ONLY
1368: How to Make Good Financial Decisions by Derick Van Ness of Big Life Financial on Investment Vehicle Advice

Optimal Finance Daily - ARCHIVE 2 - Episodes 301-600 ONLY

Play Episode Listen Later Dec 7, 2020 13:59


Derick Van Ness of Big Life Financial tells us how we can make good financial decisions. Episode 1368: How to Make Good Financial Decisions by Derick Van Ness of Big Life Financial on Investment Vehicle Advice Derick Van Ness is a Wealth Strategist who is passionate about helping people reach their full potential. His company, Big Life Financial is focused on removing the mystery and misinformation surrounding money and financial strategy so people can live their BIGGEST LIFE! Derick's company can help anyone but is specifically focused on small business owners, and has already helped 1000's of them to create financial certainty and confidence. His mission is to eradicate that fear and fundamentally change the way that people think about and utilize money within the next generation. The original post is located here: https://www.biglifefinancial.com/blog/2019/11/4/how-to-make-good-financial-decisions For a limited time, BitTrust IRA is waiving the signup fee for OFD listeners - a $50 value. That's BitTrustIRA.com/OFD Please Rate & Review the Show! Visit Me Online at OLDPodcast.com and in  The O.L.D. Facebook Group and Join the Ol' Family to get your Free Gifts!   Interested in advertising on the show? Visit https://www.advertisecast.com/OptimalFinanceDaily Learn more about your ad choices. Visit megaphone.fm/adchoices

Optimal Finance Daily
1368: How to Make Good Financial Decisions by Derick Van Ness of Big Life Financial on Investment Vehicle Advice

Optimal Finance Daily

Play Episode Listen Later Dec 7, 2020 13:00


Derick Van Ness of Big Life Financial tells us how we can make good financial decisions. Episode 1368: How to Make Good Financial Decisions by Derick Van Ness of Big Life Financial on Investment Vehicle Advice Derick Van Ness is a Wealth Strategist who is passionate about helping people reach their full potential. His company, Big Life Financial is focused on removing the mystery and misinformation surrounding money and financial strategy so people can live their BIGGEST LIFE! Derick's company can help anyone but is specifically focused on small business owners, and has already helped 1000's of them to create financial certainty and confidence. His mission is to eradicate that fear and fundamentally change the way that people think about and utilize money within the next generation. The original post is located here: https://www.biglifefinancial.com/blog/2019/11/4/how-to-make-good-financial-decisions For a limited time, BitTrust IRA is waiving the signup fee for OFD listeners - a $50 value. That's BitTrustIRA.com/OFD Please Rate & Review the Show! Visit Me Online at OLDPodcast.com and in  The O.L.D. Facebook Group and Join the Ol' Family to get your Free Gifts!   Interested in advertising on the show? Visit https://www.advertisecast.com/OptimalFinanceDaily

C's Get Degrees... Going from Average to Extraordinary!
How to Become Your Own Banker with Derick Van Ness

C's Get Degrees... Going from Average to Extraordinary!

Play Episode Listen Later Nov 13, 2020 39:14


Derick Van Ness, Owner and Wealth Strategist of Big Life Financial jumps the podcast to discuss how you can become your own bank through thinking differently. Enjoy these Nuggets!   Derick Van Ness Owner and Wealth Strategist https://www.facebook.com/biglifefinancial https://www.biglifefinancial.com https://youtu.be/lhNQh2P9Ys8    Go visit iTunes, iHeart Radio, Amazon Music, and Spotify today!   #entrepreneurship #leadership #motivation #goalsetting #lifegoals #livehard #socialmedia #kickass #podcast #podcasting #friday #funny #amazonmusic #iheartradio #goaldigger #lifestylegoals #slaytheday #workflow #noexcess #trainhard #fitspro #ourjourney #enjoythejourney #strongerthanyesterday #successmindset #personaldevelopment #neversettle #instagoals #mygoals  

Optimal Finance Daily - ARCHIVE 1 - Episodes 1-300 ONLY
1330: A Savings Strategy that Works by Derick Van Ness of Big Life Financial on How To Save More Money

Optimal Finance Daily - ARCHIVE 1 - Episodes 1-300 ONLY

Play Episode Listen Later Oct 30, 2020 9:09


Derick Van Ness of Big Life Financial gives us a savings strategy that works. Episode 1330: A Savings Strategy that Works by Derick Van Ness of Big Life Financial on How To Save More Money Derick Van Ness is a Wealth Strategist who is passionate about helping people reach their full potential. His company, Big Life Financial is focused on removing the mystery and misinformation surrounding money and financial strategy so people can live their BIGGEST LIFE! Derick's company can help anyone but is specifically focused on small business owners, and has already helped 1000's of them to create financial certainty and confidence. His mission is to eradicate that fear and fundamentally change the way that people think about and utilize money within the next generation. The original post is located here: https://www.biglifefinancial.com/blog/2017/12/11/a-savings-strategy-that-works Please Rate & Review the Show! Visit Me Online at OLDPodcast.com and in  The O.L.D. Facebook Group and Join the Ol' Family to get your Free Gifts! With business WiFi solutions from NETGEAR, you can focus on your business, not your IT. Visit netgear.com/wifi6 and never worry about WiFi again! Interested in advertising on the show? https://www.advertisecast.com/OptimalFinanceDaily   Learn more about your ad choices. Visit megaphone.fm/adchoices

Optimal Finance Daily - ARCHIVE 2 - Episodes 301-600 ONLY
1330: A Savings Strategy that Works by Derick Van Ness of Big Life Financial on How To Save More Money

Optimal Finance Daily - ARCHIVE 2 - Episodes 301-600 ONLY

Play Episode Listen Later Oct 30, 2020 9:09


Derick Van Ness of Big Life Financial gives us a savings strategy that works. Episode 1330: A Savings Strategy that Works by Derick Van Ness of Big Life Financial on How To Save More Money Derick Van Ness is a Wealth Strategist who is passionate about helping people reach their full potential. His company, Big Life Financial is focused on removing the mystery and misinformation surrounding money and financial strategy so people can live their BIGGEST LIFE! Derick's company can help anyone but is specifically focused on small business owners, and has already helped 1000's of them to create financial certainty and confidence. His mission is to eradicate that fear and fundamentally change the way that people think about and utilize money within the next generation. The original post is located here: https://www.biglifefinancial.com/blog/2017/12/11/a-savings-strategy-that-works Please Rate & Review the Show! Visit Me Online at OLDPodcast.com and in  The O.L.D. Facebook Group and Join the Ol' Family to get your Free Gifts! With business WiFi solutions from NETGEAR, you can focus on your business, not your IT. Visit netgear.com/wifi6 and never worry about WiFi again! Interested in advertising on the show? https://www.advertisecast.com/OptimalFinanceDaily   Learn more about your ad choices. Visit megaphone.fm/adchoices

Optimal Finance Daily
1330: A Savings Strategy that Works by Derick Van Ness of Big Life Financial on How To Save More Money

Optimal Finance Daily

Play Episode Listen Later Oct 30, 2020 8:10


Derick Van Ness of Big Life Financial gives us a savings strategy that works. Episode 1330: A Savings Strategy that Works by Derick Van Ness of Big Life Financial on How To Save More Money Derick Van Ness is a Wealth Strategist who is passionate about helping people reach their full potential. His company, Big Life Financial is focused on removing the mystery and misinformation surrounding money and financial strategy so people can live their BIGGEST LIFE! Derick's company can help anyone but is specifically focused on small business owners, and has already helped 1000's of them to create financial certainty and confidence. His mission is to eradicate that fear and fundamentally change the way that people think about and utilize money within the next generation. The original post is located here: https://www.biglifefinancial.com/blog/2017/12/11/a-savings-strategy-that-works Please Rate & Review the Show! Visit Me Online at OLDPodcast.com and in  The O.L.D. Facebook Group and Join the Ol' Family to get your Free Gifts! With business WiFi solutions from NETGEAR, you can focus on your business, not your IT. Visit netgear.com/wifi6 and never worry about WiFi again! Interested in advertising on the show? https://www.advertisecast.com/OptimalFinanceDaily  

The Progressive Dentist
Keep More of What You Make Using R&D Credits, with Derick Van Ness

The Progressive Dentist

Play Episode Listen Later Oct 28, 2020 14:54


Derick Van Ness is a Wealth Strategist who is passionate about helping people reach their full potential. His company, Big Life Financial is focused on removing the mystery and misinformation surrounding money and financial strategy so people can live their BIGGEST LIFE! Derick believes that each person has something unique and valuable to contribute to the world, but that most people are never able to express that gift due to fear, doubt, or worry related to money. His mission is to eradicate that fear and fundamentally change the way that people think about and utilize money within the next generation. Derick's company can help anyone but is specifically focused on small business owners, and has already helped 1000's of them to create financial certainty and confidence. He is a straight shooter and has an uncanny ability to explain complex concepts in a simple way that allows clients to see massive results! In his free time, Derick enjoys racing sailboats, creating art, and competing in West Coast Swing dancing. He currently lives in his hometown of Draper, Utah after spending 20 years away living all over the US including Washington DC, Brooklyn, Texas, and Southern California. What You Will Learn: Derick's journey into the world of tax and finance The mission and motivation that pushed Derick to create his company, Big Life Financial How Derick got involved in R&D credits How business owners can leverage R&D credits with their CPA, and how they relate to doctors and dentists specifically The four key questions to determine if your business qualifies for R&D credits How to contact Derick Van Ness: Website: //www.biglifefinancial.com/tax-rebates LinkedIn: //www.linkedin.com/in/derickvanness/ //www.linkedin.com/company/big-life-financial/ Schedule a call: //go.oncehub.com/derickvanness Facebook: //www.facebook.com/groups/BusinessOwnersSuccessLab //www.facebook.com/biglifefinancial YouTube: //www.youtube.com/channel/UCizOCPJqijbE1y2o2ANSCag

All Around Wellness
Episode 23: Unique Tax strategies for small businesses with Derick Van Ness and Big Life Financial

All Around Wellness

Play Episode Listen Later Oct 28, 2020 49:36


Derick Van Ness is a Wealth Strategist who is passionate about helping people reach their full potential. His company, Big Life Financial is focused on removing the mystery and misinformation surrounding money and financial strategy so people can live their BIGGEST LIFE! Derick believes that each person has something unique and valuable to contribute to the world, but that most people are never able to express that gift due to fear, doubt, or worry related to money. His mission is to eradicate that fear and fundamentally change the way that people think about and utilize money within the next generation. Derick's company can help anyone but is specifically focused on small business owners, and has already helped 1000's of them to create financial certainty and confidence. He is a straight shooter and has an uncanny ability to explain complex concepts in a simple way that allows clients to see massive results! In his free time, Derick enjoys racing sailboats, creating art, and competing in West Coast Swing dancing. He currently lives in his hometown of Draper, Utah after spending 20 years away living all over the US including: Washington DC, Brooklyn, Texas, and Southern California. http://BigLifeFinancial.com derick@biglifefinancial.com @biglifefinancial /derick.vanness /biglifefinancial

The Joe Robert Show
Does Your Business Qualify For Tax Credits?

The Joe Robert Show

Play Episode Listen Later Oct 13, 2020 41:23


Are you missing out on THOUSANDS of tax savings for your business because you are unsure how to properly take advantage of a R&D Tax Credit? Allow Justin Maxwell of Big Life Financial explain it all to you. Justin is going to tell you how to keep more of that hard earned money and then throw it into the right financial system to make that savings work hard for you! Find out if your business qualifies for tax credits, the steps you need to take if you do, and how much you could be missing out on. Tune in so Justin can help you and your hard earned money! You can reach Justin Maxwell here for more information: https://www.biglifefinancial.com/researchcredits Facebook: https://www.facebook.com/justin.maxwell.9465/ Linkedin:https://www.linkedin.com/in/justinmaxwelltaxspecialist/ Connect with Joe Robert: Joe@robertventures.com Find him on all social platforms at @JoeMRobert Enjoyed the podcast? Be sure to subscribe on Apple Podcasts and leave a review. We love to hear your feedback and please share this with others who would benefit.

The Entrepreneur Unleashed with Patti Keating. Mindset and business tips for purposeful entrepreneurs
Ep. 72: Entrepreneurs Who Grew 6+ Figure Businesses with Derick Van Ness

The Entrepreneur Unleashed with Patti Keating. Mindset and business tips for purposeful entrepreneurs

Play Episode Listen Later Oct 1, 2020 29:35


Derick Van Ness is a wealth strategist and passionate about helping people reach their fullest potential. He has a company called Big Life Financial which is focused on changing mindsets relating to money and how to utilize it so people can live their best life.

Optimal Finance Daily - ARCHIVE 1 - Episodes 1-300 ONLY
1300: Why Keeping Financial Strategy Simple Works by Derick Van Ness of Big Life Financial on Money Management

Optimal Finance Daily - ARCHIVE 1 - Episodes 1-300 ONLY

Play Episode Listen Later Sep 30, 2020 10:37


Derick Van Ness of Big Life Financial talks about why it's best to keep your financial strategy simple. Episode 1300: Why Keeping Financial Strategy Simple Works by Derick Van Ness of Big Life Financial on Money Management Derick Van Ness is a Wealth Strategist who is passionate about helping people reach their full potential. His company, Big Life Financial is focused on removing the mystery and misinformation surrounding money and financial strategy so people can live their BIGGEST LIFE! Derick's company can help anyone but is specifically focused on small business owners, and has already helped 1000's of them to create financial certainty and confidence. His mission is to eradicate that fear and fundamentally change the way that people think about and utilize money within the next generation. The original post is located here: https://www.biglifefinancial.com/blog/2018/7/1/why-keeping-financial-strategy-simple-works Visit Me Online at OLDPodcast.com Interested in advertising on the show? https://www.advertisecast.com/OptimalFinanceDaily Learn more about your ad choices. Visit megaphone.fm/adchoices

Optimal Finance Daily - ARCHIVE 2 - Episodes 301-600 ONLY
1300: Why Keeping Financial Strategy Simple Works by Derick Van Ness of Big Life Financial on Money Management

Optimal Finance Daily - ARCHIVE 2 - Episodes 301-600 ONLY

Play Episode Listen Later Sep 30, 2020 10:37


Derick Van Ness of Big Life Financial talks about why it's best to keep your financial strategy simple. Episode 1300: Why Keeping Financial Strategy Simple Works by Derick Van Ness of Big Life Financial on Money Management Derick Van Ness is a Wealth Strategist who is passionate about helping people reach their full potential. His company, Big Life Financial is focused on removing the mystery and misinformation surrounding money and financial strategy so people can live their BIGGEST LIFE! Derick's company can help anyone but is specifically focused on small business owners, and has already helped 1000's of them to create financial certainty and confidence. His mission is to eradicate that fear and fundamentally change the way that people think about and utilize money within the next generation. The original post is located here: https://www.biglifefinancial.com/blog/2018/7/1/why-keeping-financial-strategy-simple-works Visit Me Online at OLDPodcast.com Interested in advertising on the show? https://www.advertisecast.com/OptimalFinanceDaily Learn more about your ad choices. Visit megaphone.fm/adchoices

Optimal Finance Daily
1300: Why Keeping Financial Strategy Simple Works by Derick Van Ness of Big Life Financial on Money Management

Optimal Finance Daily

Play Episode Listen Later Sep 30, 2020 7:38


Derick Van Ness of Big Life Financial talks about why it's best to keep your financial strategy simple. Episode 1300: Why Keeping Financial Strategy Simple Works by Derick Van Ness of Big Life Financial on Money Management Derick Van Ness is a Wealth Strategist who is passionate about helping people reach their full potential. His company, Big Life Financial is focused on removing the mystery and misinformation surrounding money and financial strategy so people can live their BIGGEST LIFE! Derick's company can help anyone but is specifically focused on small business owners, and has already helped 1000's of them to create financial certainty and confidence. His mission is to eradicate that fear and fundamentally change the way that people think about and utilize money within the next generation. The original post is located here: https://www.biglifefinancial.com/blog/2018/7/1/why-keeping-financial-strategy-simple-works Please Rate & Review the Show! Visit Me Online at OLDPodcast.com and in  The O.L.D. Facebook Group and Join the Ol' Family to get your Free Gifts!   Interested in advertising on the show? https://www.advertisecast.com/OptimalFinanceDaily

The Abundant Beans Podcast
Advanced Tax Planning Makes YOU Money? | Derick Van Ness

The Abundant Beans Podcast

Play Episode Listen Later Sep 15, 2020 58:00


You don't need to be an expert, but you do need to make informed decisions.Today our guest is Derick Van Ness. Derick is the founder and wealth strategist at Big Life Financial. Big Life Financial is focused on removing the mystery and misinformation surrounding money and financial strategy so people can live their biggest life. Derick believes that each person has something unique and valuable to contribute to the world, but that most people are never able to express that gift due to fear, doubt, or worry related to money. He wants to help people eradicate that fear and fundamentally change the way that people think about and utilize money within the next generation. Derick mentions that the tax code is about as long as the entire Harry Potter series. That's wild! You don't need to know every part of the tax code to benefit from tax planning. Like Derick says, that's why you bring in a specialist to educate you and help you make informed decisions for yourself. Today's quote is: “If you don't know what you're doing, the chances of success are a lot lower.”Thank you for listening!Please like and subscribe here and on your podcast app of choice. Also, share freely!

Millenial To Millionaire Podcast
Living Your Big Life w/ Derrick Van Ness

Millenial To Millionaire Podcast

Play Episode Listen Later Sep 9, 2020 42:51


Super happy to be joining you again with another interview! This week I have Derrick Van Ness from Big Life Financial. He is a financial advisor doing big things and his approach is very personal. He is literally doing the thing that I want to be doing and he is super generous with his knowledge. Make sure you play it back and absorb all he has to say so you can live your BIGGEST financial life Check out his website here or TEXT 'BIG LIFE' to 38470 for a link to his free book about his Money Maximization Model Make sure you hit him up for a FREE assessment! Please subscribe, leave ratings, reviews and as always #keepitonemillion --- Support this podcast: https://anchor.fm/paris-grant/support

Optimal Finance Daily - ARCHIVE 1 - Episodes 1-300 ONLY
1270: 5 Habits that Set the Wealthy Apart by Derick Van Ness of Big Life Financial on A System for Saving Money

Optimal Finance Daily - ARCHIVE 1 - Episodes 1-300 ONLY

Play Episode Listen Later Aug 31, 2020 11:39


Derick Van Ness of Big Life Financial shares 5 habits that set the wealthy apart. Episode 1270: 5 Habits that Set the Wealthy Apart by Derick Van Ness of Big Life Financial on A System for Saving Money Derick Van Ness is a Wealth Strategist who is passionate about helping people reach their full potential. His company, Big Life Financial is focused on removing the mystery and misinformation surrounding money and financial strategy so people can live their BIGGEST LIFE! Derick's company can help anyone but is specifically focused on small business owners, and has already helped 1000's of them to create financial certainty and confidence. His mission is to eradicate that fear and fundamentally change the way that people think about and utilize money within the next generation. The original post is located here: https://www.biglifefinancial.com/blog/2019/2/9-habits-that-set-the-wealth-apart Visit Me Online at OLDPodcast.com Interested in advertising on the show? https://www.advertisecast.com/OptimalFinanceDaily Learn more about your ad choices. Visit megaphone.fm/adchoices

Optimal Finance Daily - ARCHIVE 2 - Episodes 301-600 ONLY
1270: 5 Habits that Set the Wealthy Apart by Derick Van Ness of Big Life Financial on A System for Saving Money

Optimal Finance Daily - ARCHIVE 2 - Episodes 301-600 ONLY

Play Episode Listen Later Aug 31, 2020 11:39


Derick Van Ness of Big Life Financial shares 5 habits that set the wealthy apart. Episode 1270: 5 Habits that Set the Wealthy Apart by Derick Van Ness of Big Life Financial on A System for Saving Money Derick Van Ness is a Wealth Strategist who is passionate about helping people reach their full potential. His company, Big Life Financial is focused on removing the mystery and misinformation surrounding money and financial strategy so people can live their BIGGEST LIFE! Derick's company can help anyone but is specifically focused on small business owners, and has already helped 1000's of them to create financial certainty and confidence. His mission is to eradicate that fear and fundamentally change the way that people think about and utilize money within the next generation. The original post is located here: https://www.biglifefinancial.com/blog/2019/2/9-habits-that-set-the-wealth-apart Visit Me Online at OLDPodcast.com Interested in advertising on the show? https://www.advertisecast.com/OptimalFinanceDaily Learn more about your ad choices. Visit megaphone.fm/adchoices

Optimal Finance Daily
1270: 5 Habits that Set the Wealthy Apart by Derick Van Ness of Big Life Financial on A System for Saving Money

Optimal Finance Daily

Play Episode Listen Later Aug 31, 2020 8:40


Derick Van Ness of Big Life Financial shares 5 habits that set the wealthy apart. Episode 1270: 5 Habits that Set the Wealthy Apart by Derick Van Ness of Big Life Financial on A System for Saving Money Derick Van Ness is a Wealth Strategist who is passionate about helping people reach their full potential. His company, Big Life Financial is focused on removing the mystery and misinformation surrounding money and financial strategy so people can live their BIGGEST LIFE! Derick's company can help anyone but is specifically focused on small business owners, and has already helped 1000's of them to create financial certainty and confidence. His mission is to eradicate that fear and fundamentally change the way that people think about and utilize money within the next generation. The original post is located here: https://www.biglifefinancial.com/blog/2019/2/9-habits-that-set-the-wealth-apart Please Rate & Review the Show! Visit Me Online at OLDPodcast.com and in  The O.L.D. Facebook Group and Join the Ol' Family to get your Free Gifts! Interested in advertising on the show? https://www.advertisecast.com/OptimalFinanceDaily

The Chris Miles Money Show
424 - R&D Tax Credit Interview Justin Maxwell

The Chris Miles Money Show

Play Episode Listen Later Aug 7, 2020 19:00


Research and development tax credits are a great way to offset expenses and add cashflow to businesses. But many business owners don't even know they qualify for these credits. In this episode,  Chris Miles and Justin Maxwell, Tax and Wealth Strategist at Big Life Financial, explore research and development tax credits and what business owners need to know. Justin works with small to medium-sized business owners, dentists, chiropractors, real estate investors, automotive industry, construction companies, software companies, manufacturing firms, franchise owners, real estate brokerage owners and more. R&D Tax Incentive specialist, 95% of business owners are not using this incentive. Justin helps you get back on average between 10K-50K in taxes. Free qualification check-- see how much money he can get you back! For more info, go to http://biglifefinancial.com/researchcredits   Chris Miles, the "Cash Flow Expert and Anti-Financial Advisor," is a leading authority on how to quickly free up and create cash flow for thousands of his clients, entrepreneurs, and others internationally! He's an author, speaker, and radio host that has been featured in US News, CNN Money, Bankrate, Entrepreneur on Fire, and spoken to thousands getting them fast financial results. http://moneyripples.com/ https://www.twitter.com/chriscmiles https://www.facebook.com/moneyripples https://www.youtube.com/channel/UCJS6bPY8sm53pkjiCSuBKMA

The Chris Miles Money Show
R&D Tax Credit Interview Justin Maxwell | 424

The Chris Miles Money Show

Play Episode Listen Later Aug 7, 2020 19:00


Research and development tax credits are a great way to offset expenses and add cashflow to businesses. But many business owners don't even know they qualify for these credits. In this episode,  Chris Miles and Justin Maxwell, Tax and Wealth Strategist at Big Life Financial, explore research and development tax credits and what business owners need to know. Justin works with small to medium-sized business owners, dentists, chiropractors, real estate investors, automotive industry, construction companies, software companies, manufacturing firms, franchise owners, real estate brokerage owners and more. R&D Tax Incentive specialist, 95% of business owners are not using this incentive. Justin helps you get back on average between 10K-50K in taxes. Free qualification check-- see how much money he can get you back! For more info, go to http://biglifefinancial.com/researchcredits   Chris Miles, the "Cash Flow Expert and Anti-Financial Advisor," is a leading authority on how to quickly free up and create cash flow for thousands of his clients, entrepreneurs, and others internationally! He's an author, speaker, and radio host that has been featured in US News, CNN Money, Bankrate, Entrepreneur on Fire, and spoken to thousands getting them fast financial results. http://moneyripples.com/ https://www.twitter.com/chriscmiles https://www.facebook.com/moneyripples https://www.youtube.com/channel/UCJS6bPY8sm53pkjiCSuBKMA

Optimal Finance Daily - ARCHIVE 1 - Episodes 1-300 ONLY
1236: Before You Invest, Do This by Derick Van Ness of Big Life Financial on Learning How To Save Money

Optimal Finance Daily - ARCHIVE 1 - Episodes 1-300 ONLY

Play Episode Listen Later Jul 28, 2020 9:48


Derick Van Ness tells us what we should do before investing. Episode 1236: Before You Invest, Do This by Derick Van Ness of Big Life Financial on Learning How To Save Money Derick Van Ness is a Wealth Strategist who is passionate about helping people reach their full potential. His company, Big Life Financial is focused on removing the mystery and misinformation surrounding money and financial strategy so people can live their BIGGEST LIFE! Derick's company can help anyone but is specifically focused on small business owners, and has already helped 1000's of them to create financial certainty and confidence. His mission is to eradicate that fear and fundamentally change the way that people think about and utilize money within the next generation. The original post is located here: https://www.biglifefinancial.com/blog/2018/5/23/before-you-invest-do-this Visit Me Online at OLDPodcast.com Listening to The Newsworthy is like having a trusted friend who explains everything you need to know that's happening around certain issues. The host also keeps it unbiased and casual--so you get to hear a variety of perspectives in one place. We highly recommend it, so does Fast Company, Harper's Bazaar, and more. Just search “THE NEWSWORTHY” on your favorite podcast app. Learn more about your ad choices. Visit megaphone.fm/adchoices

Optimal Finance Daily - ARCHIVE 2 - Episodes 301-600 ONLY
1236: Before You Invest, Do This by Derick Van Ness of Big Life Financial on Learning How To Save Money

Optimal Finance Daily - ARCHIVE 2 - Episodes 301-600 ONLY

Play Episode Listen Later Jul 28, 2020 9:48


Derick Van Ness tells us what we should do before investing. Episode 1236: Before You Invest, Do This by Derick Van Ness of Big Life Financial on Learning How To Save Money Derick Van Ness is a Wealth Strategist who is passionate about helping people reach their full potential. His company, Big Life Financial is focused on removing the mystery and misinformation surrounding money and financial strategy so people can live their BIGGEST LIFE! Derick's company can help anyone but is specifically focused on small business owners, and has already helped 1000's of them to create financial certainty and confidence. His mission is to eradicate that fear and fundamentally change the way that people think about and utilize money within the next generation. The original post is located here: https://www.biglifefinancial.com/blog/2018/5/23/before-you-invest-do-this Visit Me Online at OLDPodcast.com Listening to The Newsworthy is like having a trusted friend who explains everything you need to know that's happening around certain issues. The host also keeps it unbiased and casual--so you get to hear a variety of perspectives in one place. We highly recommend it, so does Fast Company, Harper's Bazaar, and more. Just search “THE NEWSWORTHY” on your favorite podcast app. Learn more about your ad choices. Visit megaphone.fm/adchoices

Optimal Finance Daily
1236: Before You Invest, Do This by Derick Van Ness of Big Life Financial on Learning How To Save Money

Optimal Finance Daily

Play Episode Listen Later Jul 28, 2020 6:49


Derick Van Ness tells us what we should do before investing. Episode 1236: Before You Invest, Do This by Derick Van Ness of Big Life Financial on Learning How To Save Money Derick Van Ness is a Wealth Strategist who is passionate about helping people reach their full potential. His company, Big Life Financial is focused on removing the mystery and misinformation surrounding money and financial strategy so people can live their BIGGEST LIFE! Derick's company can help anyone but is specifically focused on small business owners, and has already helped 1000's of them to create financial certainty and confidence. His mission is to eradicate that fear and fundamentally change the way that people think about and utilize money within the next generation. The original post is located here: https://www.biglifefinancial.com/blog/2018/5/23/before-you-invest-do-this Please Rate & Review the Show! Visit Me Online at OLDPodcast.com and in  The O.L.D. Facebook Group and Join the Ol' Family to get your Free Gifts! Listening to The Newsworthy is like having a trusted friend who explains everything you need to know that's happening around certain issues. The host also keeps it unbiased and casual--so you get to hear a variety of perspectives in one place. We highly recommend it, so does Fast Company, Harper's Bazaar, and more. Just search “THE NEWSWORTHY” on your favorite podcast app.

Clinic Growth Secrets
EP 34: How To Create Financial Peace of Mind In The Next 3 Years

Clinic Growth Secrets

Play Episode Listen Later Jun 23, 2020 44:08


On Today's Episode I am privilege to be with Derick Van Ness a Wealth Strategist who is passionate about helping practitioners reach their full potential. His company, Big Life Financial is focused on removing the mystery and misinformation surrounding money and financial strategy so people can live their BIGGEST LIFE! Derick believes that each provider has something unique and valuable to contribute to the world, but that most are never able to express that gift due to fear, doubt, or worry related to money. His mission is to eradicate that fear and fundamentally change the way that clinic owners think about and utilize money within the next generation. Connect with Derick Here