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We're super excited today to have Dave Denniston on the show! Dave has been in the industry for quiet sometime now, he's built a great business and he's got one of the best live events in the land space. He's bringing it back this year and we've got him on the show to talk all … Read More Read More
Dave Denniston, the head coach of University of Wyoming, joins to share some good news from the world of college swimming.
209: In this episode of the REtipster Podcast, Dave Denniston discusses the ins and outs of running a multi-million dollar land business. We explore how to scale effectively, the role of AI in growing a land business, and the surprising marketing strategies that still work in 2025.(Show Notes: REtipster.com/209)We also dive into the Land UnConference, a game-changing event for land investors, and the launch of Leadership in Land, a free initiative to help you master team-building and leadership.Whether you're an aspiring land investor or a seasoned pro, this episode is packed with actionable insights to grow your business.
One Wyoming Podcast Episode 34 - Ryan talks UW Swimming and Diving with Head Coach Dave Denniston
As many of you are aware, OSHA is working on a complete overhaul to the decades old 29 CFR 1910.156 Fire Brigade Standard. While many of the proposed changes would be helpful and improve the safety of emergency responders, some could prove burdensome, and in some cases impossible, for volunteer fire and emergency service departments to comply with. The proposal has certainly created quite a buzz within the fire service. Joining me on this very important and informative episode will be Dave Denniston who will take the time to carefully outline what this fuss is all about and point out the good, as well as explain some of the concerns. Dave has spent months researching and discussing the proposed new standard, and is definitely the "go to guy" to talk about this topic. Sponsored by Tencate Protective Fabrics.
Hello, my friends, this is Dave Denniston, and welcome back to another episode of Freedom Formula for Physician's Podcast, the podcast dedicated to helping you slash your debt, slash your taxes, and live a liberated lifestyle. Well, check it out, new intro for the year! Do you like it? Let me know, I would love to hear from you. Here we are in the new year, and of course, this is a great time to set goals and create new visions for ourselves. In this podcast episode today, you will: Be challenged to go through the exercise that I am going to share with you, in terms of some of the things I am doing and my goals Hear about the growth of Freedom Formula for Physician's Podcast, and how YOU have played a HUGE role in that-THANK YOU What the focus for 2018 will be for the podcast I am so humbled and grateful for YOU, listening and tuning in. My hope for this podcast is that we can continue to grow, doubling from 2017. Let me know how I can make a difference in your life, and how I can help you. E-mail me at dave@doctorfreedompodcast.com and also send your thoughts and comments on the podcast website at www.doctorfreedompodcast.com ----more--------more---- Investment advice is only offered in jurisdictions where Centurion Financial Strategies, LLC (“Centurion”) is appropriately registered or exempt from registration. Our Form ADV Part 2 brochure can be obtained free of charge at https://adviserinfo.sec.gov by searching for our firm by name or its unique CRD number (316454). This podcast is not a solicitation to provide advisory services in any jurisdiction in which we are not appropriately registered or excluded from registration. The information, statements, and opinions contained in this podcast have been obtained from or are based upon information obtained from sources which we believe to be reliable, but we do not warrant or guarantee the timeliness or accuracy of any such information. This podcast is intended for informational purposes only and should not be construed as personalized investment, tax, or legal advice. Opinions expressed by any guest are their own opinions and do not necessarily reflect the firm's views. You should carefully consider your unique financial circumstances and needs prior to making any investment in securities or purchasing any insurance products. Past performance is not indicative of future results. Investing in securities involves the risk of loss. Insurance products are backed by the financial strength and claims-paying ability of the issuing insurance company and may be subject to restrictions, limitations, and early withdrawal fees which vary by issuer. You should consider the charges, risks, expenses, and investment objectives of any insurance products before entering a contract.
Land investors are entrepreneurs at heart, but you'd be hard-pressed to find someone who embodies that pure entrepreneurial spirit more than Dave Denniston. He has 3 (three!) successful land businesses and a conference devoted to land – all while balancing a thriving financial planning business and his own podcast. Needless to say, it's impressive. And it's that balance plus his strategic approach that this episode is all about. Dave takes us through how he built out those land businesses with his partners, put together a 15 to 20 person team and even created a CRM. He also drops a lucrative job offer into the mix, so you don't want to miss this one! IN THIS EPISODE LISTEN AND LEARN: Tips and tricks for hiring and building your teamWhy it's important to be curious and try new things in businessLearn how access scrubbing can help you make the most of your mailing dollarsLandunconference.com Fall 2023 Land Unconference Inner Circledaviddenniston.com doctorfreedompodcast.comdave@daviddenniston.com
Welcome to OnlyLandFans, the ultimate podcast for land flippers, wholesalers, and developers! In this episode, we dive into the extraordinary journey of Dave Denniston, a true trailblazer in the industry who has flipped an astounding 1,500 pieces of land.Dave shares his humble beginnings and the pivotal moments that paved the way for his impressive career. From initial hesitations to meteoric rises, we explore the foundations of his journey.In land flipping, it's not just about transactions – it's about mastering challenges, seizing opportunities, and perfecting due diligence. Dave candidly reflects on his trials, lessons, and strategies developed over time.Adaptation is key in the ever-evolving land investment landscape. Dave discusses how he's integrated new tactics and technologies to stay ahead.For aspiring flippers, this episode is a treasure trove of actionable advice. Dave distills his extensive experience into practical tips for finding, evaluating, and flipping land for maximum returns.Whether you're a seasoned pro or new to the world of real estate, this episode promises invaluable insights. Tune in to OnlyLandFans as Dave Denniston's journey and wisdom redefine success in land flipping. Get ready to be motivated, inspired, and equipped to elevate your land flipping ventures!Enjoy the show!Raised in Southern California and somehow made his way to the sometimes frozen tundra of Minnesota, Dave Denniston is a podcaster, financial advisor, land flipper, and tax lien investor. He's also the host of the LandUnConference and other land mastermind events.For more information on Dave, you can check him out here:Conference: Landunconference.comApplication for Future Land Specific Mastermind Events: https://airtable.com/app5Z4DQDK9jg29pt/shro6iDUeS05BTio7Website: daviddenniston.com◽️◽️◽️◽️◽️◽️⬇️OnlyLandFans Group⬇️https://www.onlylandfans.com/◽️◽️◽️◽️◽️◽️LET'S CONNECT ON SOCIAL:Website: https://www.Kendall-LeJeune.com Instagram: https://www.instagram.com/kendall_lejeuneTikTok: https://www.tiktok.com/@kendall_lejeune
This episode is sponsored by @PearsonRavitz. The episode features Dave Denniston, CFP, a financial planner and host of the Freedom Formula for Physicians Podcast. They delve into the concept of financial freedom for physicians, which involves becoming debt-free, having a strategic plan for income generation, and exploring tax reduction strategies. They clarify that while consumer debt is unfavorable, investment debt can be beneficial for cash flow and acquiring assets. Looking for something specific? Here you go! 00:02:01 Financial freedom formula: Debt-free, strategic planning, lower taxes. 00:09:57 Negotiate fees with a financial advisor. 00:11:52 Different fee structures for advisors. 00:17:26 Utilize tax-saving strategies for physicians. 00:21:03 529 plans can be converted to Roth for kids. 00:30:42 Tax advantages of short-term rentals. 00:32:26 Passive income is not truly passive. 00:36:46 Tax efficiency in investments. Bio/links! Dave Denniston is a financial planner and advisor with expertise in land flipping. He has achieved success in various areas, including running land flipping businesses, hosting the Dr. Freedom Podcast, writing books, and being a financial advisor. Dave Denniston's ethos/philosophy revolves around being intentional with spending and aligning it with one's values. He believes that material possessions may not bring long-term happiness and emphasizes the importance of financial planning. Find Dave on his LinkedIn. Did ya know… You can also be a guest on our show? Please email me at brad@physiciansguidetodoctoring.com to connect or visit www.physiciansguidetodoctoring.com to learn more about the show! Socials: @physiciansguidetodoctoring on FB @physicianguidetodoctoring on YouTube @physiciansguide on Instagram and Twitter
We've been talking a lot about money over here on Doctor Me First lately. If you haven't caught some of those episodes, I encourage you to check out our Money Series and get some financial facts right in your life! Money is one of those tricky things that determines freedom for so many of us. And it's not always having money that provides freedom, but how we use the money that we do have to achieve our own view of freedom. Financial Independence is one of those topics that I really feel like can't get enough coverage. Our relationship with money determines how we set ourselves up for success in the future and how we let go of the unhealthy ways that we let money control our lives. When you take back control of your money, you can lean into living instead of working yourself into the ground. I'm talking with Dave Denniston this week and we get into the nitty gritty about what freedom really looks like to different people and the role that money plays in that. At the end of the day, there is no right way to do money and it should ultimately be a tool that allows you to live the life you want. Tune in to this episode to get on the right track to evaluate the relationship that money plays in your life and the ways that you can set yourself up for financial independence. “You have to be wise about money. But at the same time, you have to find out what freedom means to you.” Dave Denniston In this episode: [01:42] Welcome to the Show, Dave! [02:06] Where Dave started in financial planning and why he loved working with Physicians. [03:55] Why Dave left traditional financial planning and some other ways he found income. [06:32] What freedom looks like to Dave. [10:17] How to evolve to living past your work and giving yourself grace. [12:52] Enough is a decision. [13:55] Balancing core values and time during burnout and how finances play a role in that. [15:17] Ways to be financially prepared in times of uncertainty. [18:13] Getting your priorities in order before you start working with a financial professional. [19:08] Balancing money responsibilities in relationships and having both partners involved. [25:04] The Freedom Formula for Physicians Podcast and how to connect with Dave Links and Resources Connect with Dave: Dave Denniston CFA Freedom Formula for Physicians The Freedom Formula for Physicians Podcast 2 WAYS TO GET INCREDIBLE HELP AT A LOW-COST!!! Buy my Kindle Book,Doctor Me First, on Amazon Come sit with me in the Badass Collective Slack Group.
144: When I first met David Denniston in the summer of 2018, he was already doing some cool things as a land investor.(Show Notes: REtipster.com/144)As one might expect, his business has evolved far beyond where it was in those days.In this episode, we'll talk about where Dave has been, how he's managed to build a sizeable team, how he's done so well investing in tax liens and tax deeds, and where he's headed in the coming months and years (and a lot of other valuable nuggets in between).
In this podcast episode, we're talking to land-buying expert Dave Denniston from Generation Family Properties. He's sharing all about purchasing land for on or off-grid living, ensuring a clean title and affordable options. If you've ever wanted to buy land, you may realize early on that it can be an intimidating process. Come listen to Dave's best tips on doing your due diligence when acquiring land. For all of the show notes and links, visit https://melissaknorris.com/367.
Today join us for LandStories Live -- Episode 76!! Betting on You. In our episode today, you will hear from our owner Dave Denniston on why you should always bet on yourself! He gets vulnerable and talks about struggles along the way with home buying and selling, direct owner financing etc. This particular process is what led Dave and his family to start Generation Family Properties, to help educate others on the land buying process.
If you're looking for inexpensive raw land you won't want to miss this episode. Dave Denniston is a sort of raw land broker. he finds inexpensive land, makes sure it all checks out, finds out what can be done with it, and offers in-house financing. He explains the basics of raw land, gives us the scoop on some of his favorite tiny-home-friendly counties in US states, and lets us know which episodes of his own podcast will be most beneficial as you're searching for that perfect plot.Full show notes and images at thetinyhouse.net/220In This Episode:How (and why) they buy land to resellWhat you need to know when you look for landWho to talk to find out what's allowed on a piece of propertyIs land a good investment?Tiny-friendly places that David loves Mohave County, AZCibola County, NMApache County, AZPark County, COSt Louis County, MNLand Stories podcast episodes you need to hearThis Week's Sponsor: PrecisionTempPrecisionTemp is making one product to solve two issues that I know everyone deals with in a tiny house: running out of hot water and heating your tiny house. PrecisionTemp has made the amazing TwinTemp Junior propane tankless water heater, which provides unlimited hot water for your tiny house and hydronic heating. This means you get warm heated floors, so there are no cold spots. It's designed specifically for tiny houses and features whisper-quiet operation as well as high efficiency. If you want more information on how PrecisionTemp can help make living tiny easier and more comfortable visit precisiontemp.com. While you're there, use the coupon code THLP for $50 off of any PrecisionTemp unit plus free shipping.
LandStories Live -- Episode 73!! 3 Reasons to Use Title Companies (They Aren't All Bad) Join us to day in Episode 73 to hear from our owner Dave Denniston. Over the last few episodes we have been discussing pro's and con's of using title companies! Today, Dave will give us his top 3 reasons to use title companies!
Welcome to Land Stories Live -- Episode 70! The 2 Biggest Land Mistakes I've Bought Join us today to hear about some of the challenges that aren't often talked about. We will hear about the 2 biggest land mistakes that our fearless leader, Dave Denniston has made during his land investment tenure. Check out all of our properties at www.genfamproperties.com
My name is Dave Denniston. Welcome back my friends to the latest episode of The Freedom Formula for Physicians Podcast. In this podcast, we've interviewed experts of all kinds- debt, burnout, real estate, and taxes. Our next guest is someone who comes from the healthcare field, and on June 30th- stepped away from the hospital system after 20+ years. He really had this desire to give providers a forum, to give healthcare executives a forum, and help bridge the ever-widening chasm between the two. Please help me welcome Alan Coppock from Adminology Bay and founder and host of the recently debuted podcast, Caring for Healthcare. In this podcast you will: Meet a former hospital CEO who's blazing a new path for healthcare Receive insight into the difficult and mostly unknown behind-the-scenes world for hospital CEO's Find out why a physician shortage resulted in the heart-breaking decision to turn away patients Discover the complex world of the 3 P's-Payers, Providers, and Patients Ask yourself this question: Is it really necessary to have physician recruitment firms play the "middle man" between the physician and healthcare organization? Resources mentioned in this episode: Adminology Bay's Practical Healthcare Economics 101 E-Book AdminologyBay Caring for Healthcare Podcast Adminology Bay-Instagram Adminology Bay-Facebook Alan Pitt-Healthcare Pittstop If you are a physician or someone else servicing physicians and want to tell your story, grapple with these tough issues, and get on the soapbox for a few minutes, I'd love to share it too in the next Freedom Formula for Physicians Podcast. Make sure to contact me at dave@doctorfreedompodcast.com or on my website www.doctorfreedompodcast.com For the Freedom Formula for Physicians podcast, this is Dave Denniston. Thanks so much for joining us! Also, if you received tremendous value from this podcast, I would like to ask you a favor. Could you take a quick minute and do a review on iTunes? It really helps the show and would mean a lot to me. Remember, make sure to cut your debt, cut your taxes, and live a liberated lifestyle. ----more--------more---- Investment advice is only offered in jurisdictions where Centurion Financial Strategies, LLC (“Centurion”) is appropriately registered or exempt from registration. Our Form ADV Part 2 brochure can be obtained free of charge at https://adviserinfo.sec.gov by searching for our firm by name or its unique CRD number (316454). This podcast is not a solicitation to provide advisory services in any jurisdiction in which we are not appropriately registered or excluded from registration. The information, statements, and opinions contained in this podcast have been obtained from or are based upon information obtained from sources which we believe to be reliable, but we do not warrant or guarantee the timeliness or accuracy of any such information. This podcast is intended for informational purposes only and should not be construed as personalized investment, tax, or legal advice. Opinions expressed by any guest are their own opinions and do not necessarily reflect the firm's views. You should carefully consider your unique financial circumstances and needs prior to making any investment in securities or purchasing any insurance products. Past performance is not indicative of future results. Investing in securities involves the risk of loss. Insurance products are backed by the financial strength and claims-paying ability of the issuing insurance company and may be subject to restrictions, limitations, and early withdrawal fees which vary by issuer. You should consider the charges, risks, expenses, and investment objectives of any insurance products before entering a contract.
Good to see you here again! If you listen to our last episode about IRR, this new episode will teach you about CAPM which can help you with finance, business, and investment. If you haven't heard our last episode title “What is IRR?” Check it out, because there's a lot of lessons that you can learn in that episode. In this episode, you will… Listen about what is CAPM? Learn about CAPM Formula Why should we use CAPM? What is it for? How can we apply it in Real states? Helps you determine about good investments or not? Learn about market risk Resources Mentioned In This Episode: Empath IQ Investopedia.com Wikipedia.com Transcript Hello, my friends and welcome back to another episode of the freedom formula for physicians podcast, a podcast dedicated to helping doctors like you slash your debt, slash your taxes, and live a liberated lifestyle. Well, today we are continuing this series of trying to teach you kind of the basic finance of understanding terms that I learned in business school that maybe you are not familiar with. And certainly if you've taken business classes in finance, specifically, you have heard of some of these concepts. But if you haven't, perhaps you have not heard some of these concepts. So today, we are going to ask the question, what is CAPM, C-A-P-M, it's the capital asset pricing model. Capital asset pricing model is basically trying to assess risk versus reward. And you can use CAPM for paper assets, you can use cap them for real estate, you know, there's all kinds of ways that you can measure it, CAPM is a very specific formula. So very specific formula. But it's pretty easy to understand this is not complicated. Here's the formula, the risk-free rate plus beta, we'll talk about beta here in a moment. And we're multiplying beta times the expected rate of return minus the risk-free rate. So imagine, the right side of the equation is beta times expected rate of return minus risk-free rate, the left side of the equation being just risk-free rate. So we have to add up and multiply that right side of the equation before we can add the risk-free rate to it. So I hope that makes sense to you. Investopedia has great information, I'm sure Wikipedia and all kinds of other places do too. So what is behind, this formula, what was behind the CAPM, and why we want to use it is because we want to evaluate the reasonableness of future expectations as to whether or not an investment might be a good one. We have this whole thing we grapple with, with so many different investment possibilities, we have to weigh the risk and reward of each one of them. And so there's this whole idea that markets are efficient. How can I explain that essentially, things are priced accurately. So that's one of the assumptions behind capital asset pricing model, that as you're taking more risk, that you should expect a higher and higher rate of return as your risk increases. So in this formula, where we have the risk-free rate, plus beta times your expected rate of return minus the risk-free rate, let's break down each one of these components. And that's equal to CAPM, which is the expected return of the investment. So the risk-free rate, most people will measure the risk-free rate as being something that is extremely low on the risk scale. So for example, if you have a savings account or a money market account or something, something like that, you know, on a scale of one to 10, that's a one, you know, very, very, very low risk there. There's government insurance behind some of that stuff. So you could use a savings account or a money market rate or something like that as a risk-free rate of return. A lot of people will generally look at treasury bonds as an example, as being a benchmark of a risk-free rate. So something that may That'd be the United States government might be another country that man, they have a sterling reputation, great cash flows, we know that they're going to pay, therefore it's risk-free, a risk-free rate. So typically, people might plug in 2% or 3%, somewhere in that range based on maybe a 10 year Treasury, or something like that as a benchmark. So let's use 3% as an example. But you could use 2%. Because 1%, we can argue what that risk-free rate of return should be. So that's the first thing we add on the left side of the equation. Now we're going to use that same number on the right side of the equation for the risk-free rate as well, because we're going to subtract that, from our expected rate of return for an investment. The next number that we should probably talk about is the expected rate of return. And this is where there's, there's a lot of conjecture, and it can be hard to measure this because now you got to plug in an assumption. First, we assumed the risk-free rate. Now we got to plug in an assumption of what that expected rate of return might be. So let's say, for real estate, for example, that we feel that 6% is a good solid historical rate of return, this investment might do better, I might do worse, but we feel an average this kind of investment might be a 6% rate of return. So now, let's use 6% minus the 3%. That gives us three, right? On the right side of the equation. Well, now we have the multiply that times the beta, what is beta is how does this potential investment measure up to how much risk this particular investment will compare to a larger portfolio of them like the whole market. So if we buy a million-dollar house, compared to a $200,000, starter home, there is a lot more risk in that million-dollar home compared to the average value, let's say is $200,000 and most houses, so your beta might be a two, twice as much risk versus the general market. So if we take that two, now that risk that we're taking, we're measuring the amount of risk that we're taking two times that difference, 6% minus 3%, that gives us 6%. Again, right, six minus three is equal to three, three times two, our beta gives us six. And now we have to add that to our risk-free rate 6% plus 3%, gives us nine 9%. Being the overall expected rate of return on this investment, which actually, I'm sorry, the expected rate of return in that formula is the expected rate of return for the market in general. So if the market is six for let's just say houses, then we subtract the three. And that gives us 3% is the expected return on the market now we're multiplying times beta for this specific investment. So the 9% total expected rate of return for the investment is like you're getting another 3% on top of the market at six. So it's telling us the expected rate of return for investment relative to the market relative to the risk-free rate. So essentially, as we compare for an efficient market, we should expect the more risk you're taking that beta number, the higher your rate of return, the lower the risk, the closer to the risk-free rate you get the lower your rate of return is going to be and again this is all assuming an efficient market well we all know sometimes things go crazy sometimes or not in an efficient And market at all, you know, you can take a look at March of last year during the pandemic. And in certain assets got creamed. Every asset got creamed for a brief time period doesn't matter what it was a paper asset, or real estate, or whatever, things got creamed for a short period of time. So there's a lot to absorb here. A lot of assumptions that we make in terms of what they are. And ultimately, you know, what, what this should help you with is determining whether or not it's worth the risk to invest in an asset. Last week, we talked about the internal rate of return, which is another way of measuring it, CAPM is helping us analyze, what's the market at what is the risk of this investment relative to other ones cuz remember, IRR wasn't telling us relative risk, CAPM now we bring that in. Now we can talk about relative risk on top of an IRR. So we can look at those things together. And we can run multiple scenarios in IRR. Look at CAPM could look at multiple scenarios and CAPM to determine does this looks like a good investment or not? So that's ultimately what we're trying to do, as we look at different degrees of risk different kinds of investments, and trying to figure out what is this all about. So that basically is a very quick primer, my friends on this concept. I hope now if you ever hear it, you know you can talk about it somewhat intelligently. I made a mistake when I talked about the initially I forgot to mention that it was the market risk of that category, not that specific investment. So I make mistakes to myself, as I get passionate and talking about this. There's remember this term CAPM as a way of measuring risk relative to the risk-free rate relative to that same category of investments. And remember, all of this is based on assumptions and what your assumptions aren't. So the main lesson I can tell you from practical experience is using a variety of assumptions is the right way to go. And so my friends that wraps up another episode for today, I would love to hear from you on what are other finance topics. And as I look forward to the rest of this season, at season seven coming next year, I would love to know from you what are topics that we should tackle What are basic finance terms that you're like, what the heck is that? And what does that mean? I would love to hear from you to have a good idea of how I can better serve you in these podcast episodes. As you know doctors mean so much to me and my family want to do my part to contribute back to you guys and helping you understand everything here for the freedom formula for physicians podcast. This is Dave Denniston, thank you again so much for listening, my friends, wish you and yours all the best. And remember, to slash your debt, slash your taxes and live a liberated lifestyle. For all the show notes, and more, check out the podcast website at www.doctorfreedompodcast.com
Dave is the host of a podcast called Land Stories. He is also Managing Partner/CEO for Generation Family Properties, and he has a passion for land that ignited after experiencing such great feedback from selling his first few properties! He … Continue reading →
My name is Dave Denniston, your host. Welcome back my friends to the latest episode of The Freedom Formula for Physicians Podcast. Welcome back to our monthly fireside chat with a physician to get to know their journey, their joys, and their struggles with finances and outside of finances. My friends, in this show, I try and dig deep to find interesting people. As a matter of fact, our next guest was featured on the August 27th, 2016 episode of Dr. Nii Darko's podcast, Doc's Outside The Box. I was immediately drawn to this episode, as it was titled, "This doctor had it all, but didn't want it." She was top performer in medical school, and then got to the point of struggling with whether or not she wanted to be in clinical medicine. Fresh out of residency, she decided she not to. In this interview today, we're going to talk about her journey and successful transition, because now she is helping other physicians do this as well. Please help me welcome Dr. Michelle Mudge-Riley from Physicians Helping Physicians. Welcome Michelle! In this podcast you will: Discover what led Dr. Mudge-Riley away from clinical medicine into helping other physicians who also want to escape clinical medicine. Be inspired on how taking the road less traveled can lead to the greatest successes. Gain knowledge on how Physicians Helping Physicians, Dr. Mudge-Riley's organization, develops customizable plans for each of their clients. Learn from Dr. Mudge-Riley's mistakes and acquire the right tools and protocol to protect yourself if you decide to also move away from clinical medicine. Resources mentioned in this podcast: Doc Outside The Box-Dr. Nii Darko's Podcast Dr. Michelle Mudge-Riley's Docs Outside The Box episode Physician's Helping Physicians-Dr. Michelle Mudge-Riley's organization For all the show notes, transcription and more, check out the podcast website at http://doctorfreedompodcast.com/
Most volunteer fire departments are struggling to fill the ranks but this can often lead to a focus on quantity over quality when it comes to recruiting new members. And even if we are successfully getting new members to join, we still need to keep them. A strong focus on recruitment with little effort directed at retention can lead to a dwindling membership problem as well. Dave Denniston joins host Tom Merrill and offer ideas that can help your department achieve greater success in not only recruiting quality members, but keeping them as well. Sponsored by the TenCate Made for Life podcast: https://us.tencatefabrics.com/podcast/
Land Stories Live--- Episode 51! Welcome back to another episode of Land Stories Live! I am your host, Dave Denniston of Generation Family Properties, LLC where our goal is to help hundreds of people like you own land. Most of all, we want to tell your land story! We have another great story here for you today. Today I have the honor of having a special guest with me who also has a great story. She worked at the BBC as a national broadcaster. She is the story teller and podcaster behind Sam Walker’s Desert Diaries which one a national award. It is the brutally honest account of one family's move from the rainy suburbs of Manchester to the scorched wilderness of Arizona. I’m so glad to have her on because I am personally interested in learning more about all of this. Please help me welcome Sam Walker Resources Mentioned: https://whatgoesonmedia.com/meet-sam/ https://whatgoesonmedia.com/sam-walker/ https://podcasts.apple.com/gb/podcast/sam-walkers-desert-diaries/id1490949107 featured property- none
Land Stories Live--- Episode 50! Welcome back to another episode of Land Stories Live! I am your host, Dave Denniston of Generation Family Properties, LLC where our goal is to help hundreds of people like you own land. Most of all, we want to tell your land story! As many of you may know, we specialize in doing owner financing on a lot of our properties. However, I’m certainly not a bank and we do charge interest that perhaps may be higher than what a bank would charge you. We also know that many of our clients wouldn’t qualify for traditional bank financing and we’ve been filling in that hole to help them out. Today I have the honor of having a special guest with me who is the President of Land Line Lending and anAccredited Land Consultant with the REALTORS Land Institute. He has over 20 years of experience in the real estate business, working in the Farm Credit system and land industry. His company Land Line Lending was established by land brokers who saw a need in the land lending industry and sought to create a solution. They say that they have been working hard to simplify loans for land buyers. Their goal is to provide quick closings, competitive lending solutions and quality customer service and communication. I’m so glad to have him on because I am personally interested in learning more about all of this. Please help me welcome Jeramy Stephens from Land Line Lending. . Resources Mentioned: https://landlinelending.com/ https://landlinelending.com/faqs/ https://www.facebook.com/landlinelending/ https://www.linkedin.com/company/land-line-lending featured property- none
My name is Dave Denniston, your host. Welcome back to the latest episode of The Freedom Formula for Physicians Podcast. I split this conversation into two parts- this is part one. Welcome back to our monthly fireside chat with a physician to get to know their journey, their joys, and their struggles with finances and outside of finances. Our next guest is a physician and a fellow podcaster and a blogger. He said that, “I've lived my life in healthcare. I grew up in a medical household, and later got an M.D. Now, in mid-life, I am saddened and dismayed. America is the wealthiest country in the world, yet we often bankrupt our citizens when they become ill. We cure what seems incurable, but then abandon the many others. Care is often replaced by technology.” He is now on a mission from his content to bring together the places, the people, and the systems that define this care and to have heart-to-heart conversations that can make changes in the system. He is a Professor of Neuroradiology at the Barrow Neurological institute, a Chief Medical Officer at Avizia, a husband, and a father. Please help me welcome Dr. Alan Pitt. In this podcast, you will... - Learn from a "family business" physician the change with digital economy healthcare. - Discover why he feels medicine was a secure profession, but isn't now - How he advises young physicians who have six figures in student debt - Learn his one suggestion to keep low costs up front - Why he suggested to his daughter not to go to medical school (Hint: She didn't listen. Find out why)
Staciana Winfield is an Olympic gold medal winner, a PE teacher, a yogini, a longtime spokesperson for the Children's Alopecia Project, Dave Denniston's BFF, and California Golden Bear. Subscribe, Review, Share! Apple Google Spotify YouTube Connect | Brett Hawke On Instagram @hawkebr on Twitter @insidewithbh On Facebook @insidewithbh Connect | Staciana Winfield On LinkedIn Produced by: SWIMNERD Supported by: Fitter & Faster --- Send in a voice message: https://anchor.fm/brett-hawke/message
They say that if you don't know your numbers, you don't know your business. So what are the metrics that we should be tracking in the land business? Sure, we can track revenue and profit, but what else? Numbers of properties bought and sold per month? A mix of cash versus terms or performance numbers by county? What about marketing? Do you track which campaigns are successful and which ones aren't so you can optimize the things that work and the things that don't? In today's episode of The Land.MBA Podcast we’re joined by Dave Denniston of Generation Family Properties. Dave is a financial expert and generously shares his wisdom on how to track the numbers in your business, so you too can generate upwards of $35,000 a month in revenue. Dave is a strong believer in income diversification. That’s why after working in the finance business for years he started in land investing. Having a day job allows him to do a wide variety of deals - not just the absolute highest ROI deals. That’s because he doesn’t beed the income being generated by his land sales. Term deals are Dave’s preferred method. He likes to have his eggs spread out among many baskets. Currently he holds the paper on 207 notes. 207 of them. About 10% of those customers are late. That mean he’s generating about $37,000 a month of revenue. Sounds like a lot, right? But it’s not as much as you might think. That’s because he pays a lot in the operation of the business. Marketing costs about $4000 a month. He pays his sales people around $1000 per month. And then on top of that there are all the new land purchases he’s making each month. That leaves him with about $10k per month - which is still a great income. But he likes to emphasize the bottom line so people understand why they are getting into. You have to have a great system in place. That is one of Dave’s core beliefs in managing his business. He hires domestic managers for thinks like marketing and sales. Each of those managers then hire foriegn VA’s to handle much of the grunt work. Managing that team is a big job. He makes sure he speaks with each of them for an hour each week. Those meetings are all about identifying the things that are working and - more importantly - the things that are not. “What do you hate right now?” he asks, “If I hate something I get it off of my plate.” Facebook:https://www.facebook.com/mylandmba Instagram:https://www.instagram.com/land.mba/ Website:https://www.land.mba/podcast
Hello my friends, this is Dave Denniston, and welcome back to another episode of Freedom Formula for Physician's Podcast. Joining us for this episode is now a fourth-time guest. He is an author, mortgage lender, specializing in physicians, dentists, CRNAs and PAs, and you'll hear him on his own podcast from time-to-time, Physician Financial Success Podcast. We recorded this episode in early March 2020 just as the Corona Virus was beginning to wreak havok. Although, we're a few months past that now--- the principles discussed here are vital to consider during this time. Please help me welcome back Josh Mettle. In this podcast episode you will: Hear about how mortgage interest rates have moved dramatically down and how it may impact you Discover three smart strategies (including one that I am considering) as a reason for refinancing your home How Josh has changed his real estate portfolio and what his most recent move was and why he did it Great golden nuggets of advice for investing in real estate Resources mentioned in this episode: Josh Mettle- Real Estate Smashing Failures & Glorious Successes The Tax Reduction Prescription with Josh Mettle Josh Mettle- The Pitfalls of Physician Mortgages Josh Mettle- 2018 Home Buying Update www.doctorfreedompodcast.com/homevalue Physician Financial Success Podcast If you have questions or want to share your story, I'd love to hear from you. Contact me at dave@doctorfreedompodcast.com or on my website www.doctorfreedompodcast.com. Remember, make sure to slash your debt, slash your taxes, and live a liberated lifestyle.
There's a revolution happening for physicians. Have you ever felt like you've been lied to? Like a supposed financial professional has taken advantage of you? Maybe they've sold you some crazy expensive life insurance policy. Or instead, maybe you know that your spending has been a bit out of control. You don't have a budget and instead you have a mountain of credit card debt. Or maybe instead... you have a mountain range of student debt. It's 100k, 200k, 300k, or more... Or, let's say your debts are paid off and you are sick and tired of the taxes that you are paying. Yet, you don't know who to turn to for advice. There's a financial education revolution happening. It's led by a man who has empowered dozens of physicians. It's the revolution of the White Coat Investor. My name is Dave Denniston, your host and welcome back to the latest episode of The Freedom Formula for Physicians Podcast. Welcome back to our monthly fireside chat with a physician to get to know their journey, their joys, and their struggles with finances and outside of finances. This show is not always about actionable content. It is however a chance for you to see behind the curtains, to walk in another person's shoes and experience their lives. Our next guest has not only been a physician, but is also a financial blogger and thought leader. As a matter of fact, he has inspired over a dozen physicians to start their own blogs so that they could model his success. A little bio on him… he is practicing, full-time, board-certified emergency physician just a few years out of residency. Although he's always been interested in personal finance and investing, he really started diving into the field as a resident when he finally got sick of financial professionals ripping him off. In fact, most of his first few encounters with financial professionals ended badly for him. So, that really sucks and I know many of us can relate to that. Unfortunately, doctors are a target. We'll dive into that later. I know he has a ton of wisdom to share with us and with no further adieu… Please help me welcome Dr. Jim Dahle (pronunciation- DOLL-EE), THE White Coat Investor…. In this podcast, you will discover... Why Jim had virtually no exposure to financial education growing up The moment when he was growing up that provided motivation to be financially successful The financial lessons he is teaching his kids Why debt hasn't played a role in his financial journey and the sacrifice of time he made instead How he built his empire and inspired dozens of physicians to be like him The 3 actions he is taking to drastically lower his income taxes His future plans for more books For the whole podcast, the show notes, resources, and tons of free stuff, make sure to visit the podcast website at www.DoctorFreedomPodcast.com
When a sledding accident left Dave Denniston paralyzed from the waist down, the world would have understood if he’d let anger and frustration consume him. Instead, he chose to rise above it. As top U.S swimmer, NCAA National Champion and world record holder, Dave carved out a path of success during his career as a swimmer. Today, he sits down with Brett and talks about the journey he has taken both in and out of the pool. Hear about their time spent swimming as teammates at Auburn University and the lessons they learned that would shape their careers. Listen in as Dave shares the key to his positive outlook on life and all the ways he’s redefined it’s meaning with his experience as a Paraolympian, coach and public speaker. “I had as perfect of a body as I could physically make but realize now that my attitude had always been paralyzed.” -Dave Denniston [29:34] Key Takeaways: How Dave Denniston became a Paralympian. His history as a swimmer. Brett and Dave’s time spent swimming for Auburn University. Episode Timeline: [00:03] Intro [00:22] Dave Dennison on branching out from his Wyoming roots [01:21] Why he got into swimming [02:15] His first Olympic memories [03:28] Falling in love with the breaststroke [04:08] Choosing Auburn University in ‘97 [07:39] Taking shortcuts and learning from mistakes [10:47] How the Auburn Team rebounded [13:29] Brett on gaining confidence from his team [16:12] Dave on competing against Ed Moses and NCAA Championships [22:48] Starting a new journey in 2005 after becoming paralyzed [26:22] How his accident was a blessing in disguise [30:14] Feeling restricted and focusing on finding a way [31:32] Dave's speaking work [32:23] Becoming a Paralympian [33:59] Getting into coaching [34:57] Overcoming restrictions [35:52] What Dave Denniston is looking forward to in the future [37:18] Thoughts on the Paralympics and Jessica Long [40:16] Outro Key Quotes: “The other thing about growing up in Wyoming is, this is a blue-collar state and you work hard for whatever you get in life...I might not have the biggest hands and feet or the most talent, but I can work as hard or harder than anybody else.” -Dave Denniston [18:56] “When you really look at what this sport does for people. Especially a kid from a town of a thousand people in nowhere Wyoming, is it just gives you so many opportunities to grow as a person and to learn about who you are.” -Dave Denniston [21:46] Subscribe & Listen: Apple Podcasts Google Spotify YouTube Find | Dave Denniston On Instagram: @davodawavo On Twitter: @davodenniston Special Thanks: Fitter & Faster Swim Camps Swimnerd Pace Clocks --- Send in a voice message: https://anchor.fm/brett-hawke/message
In this episode of Land Stories... Your host, Dave Denniston, shares how his parent’s real estate business, his youngest daughter’s premature birth, and a passion for helping others, led to him starting his land business, Generation Family Properties. Stick around to hear how challenging circumstances can manifest a drive and determination that leads to a business of connecting with others through land. Check out Generation Family Properties here: www.genfamproperties.com https://www.facebook.com/genfamproperties/ https://www.youtube.com/channel/UCqGNtIx9she_-74Cq7fnzvg contact@genfamproperties.com (775) 234-2058 Transcription: Intro: welcome to the Land Stories podcast where our goal is to help everyday people like you own land. And now your host, who is an eagle scout that is horrible at tying knots, Dave Denniston. Dave: all right hello, hello. Welcome, welcome, welcome to Land Stories live. This is the first show that we’ve ever done today and our mission here in Land Stories live is we want to help hundreds of people like you own land - maybe even thousands of people eventually. And more importantly than that, we want to tell your story, your land story. And so my friends we're gonna be doing this on Mondays and Tuesdays around 11am central and around 4pm central on Tuesdays. And so we're gonna try this, hopefully it goes great. We're planning on launching a podcast. We're gonna turn these shows into audio format as well as having exclusive just audio podcast episodes. So, we're so glad you are with us on this journey. And just to give you a little bit of a background, we really consider ourselves a family-run business. We are dedicated to helping you fulfil your dreams of buying land that you deserve, whether you want to hunt, whether want to camp, whether you wanna fish or off-road or spend family time together, we are in this business of trying to help you create memories for generations to come. Now, I wanna tell you a little bit of a story about why; why did we start investing in land and why do we feel this mission is so important to us? Well, I’ll tell you it all started for me back when I lived in Seattle. I’m originally from California, Alton southern California within Laguna Hills is where I went to high school. And I went up to Seattle for college and my wife and I met there. And when I was in college, my folks had quite a bit of residential real estate, houses. And they had bought one out in Manchester, Washington which is across the bay from Seattle. And the gentleman that ended up renting the house was in the Navy and so we appreciated his service. This was back in 2002, 2002 and he got called up for the Gulf War. So, he’s gone for months and months and months at a time and we weren’t collecting rent. And he had changed some stuff in the house and we weren’t big fans of that but we wanted to support him while he was serving the country and due to some of those collection problems and issues it just really kind of burned me out on real estate. And as my wife and I got married I said, you know, it’d be kind of cool but gosh, it takes so much time. I knew the time it would take to have that kind of business. Fast-forward a few years later, my wife and I had our youngest daughter. She was born super-duper-duper premature. She was born 12.4 ounces. She was less than a pound when she was born, our little miracle girl. And you can probably see in the background there with my family photos, my family. And the thing that really changed for me is I ended starting another podcast that actually was specific for financial freedom for doctors. If you ever wanna check it out, it's the Freedom Formula for Physicians because of the experiences we had out in the [inaudible: 0:04:00.2] and I heard about investing in land as part of that journey of having my podcast. And I thought wow, it sounds pretty cool but man do I really wanna get back in the real estate game? And as I started exploring it, I really found out that I had some knowledge and some skills that really just seemed to tailor well for this business. And then as we started selling our first few properties, what really made it for me was people were excited about land. And we come in often with a lot of our land and people, let's say a property costs 5000 dollars or 10,000 dollars, a lot of people don’t have that cash but what they can do is they can put maybe a few hundred dollars down and they can make monthly payments maybe 65 dollars a month or a hundred dollars a month or 300 dollars a month on a property so that they can own it. And people are just so happy and I was getting so much in the way of great feedback that I said man, I love this. What an awesome way to help people. And so we've done more and more and more of it and we now have something like 40 properties in our inventory. It’s frankly probably a little bit of addiction for me. It's as much a hobby as it is a business so I love talking about land, I love learning about land and what you’re gonna see as we go on later today one of my team members Christie, Christie Limon, she's from Houston originally and she is someone that has been wonderful as an addition to our team. She loves to surf and loves wildlife and we'll talk more about Christie when she’s on and she’s gonna be featuring one of our properties out in Arizona and talking through it. And we're gonna meet tomorrow, Mia, as part of the team. Mia is gonna talk about one of our Colorado properties and what's happening in Colorado. And perhaps in the future we'll meet my wife and my wife might talk about out Oregon properties she's from the northwest and loves the northwest so you're gonna have an opportunity to meet the whole team. Dave [interval]: have you ever dreamed of owning land? Have you wanted a place to escape, to unwind; to relax? Well, my friends, owning land can be more than just a financial investment. Land can become a place of bonding and relaxation for your entire family and that’s why Generation Family Properties and I want to be part of making your land dreams come true. Beginning November 1st all the way through the end of the year, text freeland, that’s f-r-e-e-l-a-n-d all one word, not two words, just one word freeland to 44222. Again, text freeland to 44222. Why? Because you will be entered into a drawing to win 5 acres of land in Colorado, that’s right, 5 acres of land in Colorado completely free, no strings attached, no hidden terms, just a simple gift from us to you. Text freeland, again f-r-e-e-l-a-n-d, all one word, to 44222, between now and December 31st and you will be entered in a drawing to win and you'll have other opportunities by doing a few more things to win as well and now back to the show. Dave: and then the other thing that I wanted to do today was to walk you through that, where do have properties, what does that look like? So, I’m gonna share my screen here. So, this is our website, Generation Family Properties. You can go to genfamproperties.com, you can check out all of our listings if you go and you do a search here. You could look to see down payments, states, whether it's available or sold, you can look at different sizes to create a filter to go and find our available properties. One of the properties that we have available right now we have three featured listings. These are some of our latest listings. This one right here is ten acres out in Park County. And what I love about this property is you can see it has gorgeous views, it has trees on it, you can see it has a little bit of a slope to the property and some areas you know are a little more flatter of course. But it’s amazing to look at. You can look on our website here, you can see a video that our photographer took. You can see the taxes, we got a google map link to the property. Let’s check that out. So, you can see it’s right here. The property boundaries is something like this. We have plat maps that we can show you. So, you get onto the property here off of Koweta trail. And if I zoom out I’ll show you kind of where this is located. So, you can see there’s Agate Mountain right here. We're surrounded by peaks and this is a bunch of mountains all around this property. So, 360 degrees worth of mountain views. There's Pikes Peak. A little further to the east there’s Colorado Springs. If we do a directions to Colorado Springs, let's see how far it is you’re. About two hours from Colorado Springs. The nearest city you can see there is Guffey over here, Hartsel. We've owned some properties over here in Hartsel, kind of over here in Hartsel. This one's a little further south. You can see that the national forest, Pike National Forest, is over here as it goes around you got the Sangre de Cristo Mountain range that goes here. Denver is a little further to the north up here in this particular corner. Fairplay is the county seat out of Park County. Park County looks something like this, if I was to draw a rough map. So, it’s a big chunk and you can see there is all this land here so there’s mountaining land in Park County. This one is particularly unique, you can see a lot of this county doesn’t have trees but this property does. So, it’s one of the few places where you actually do have trees on which I think makes it unique For this particular property, we are looking for, it’s one of our more expensive ones, about 30,000 dollars cash. Which if you’re a cash buyer we are willing to negotiate some. So, send us your best offer if you might wanna buy this property in cash. Alternatively, if you wanna do owner financing, we're looking for less than 10% down; just 2200 dollars to get started of which 249 dollars of document fee and then 2000 dollars of equity and then we're looking for about 500 bucks a month and these are minimums. If you can do more, you can actually save yourself some time and money. So, we'll talk about owner financing in another future episode of this live show. You can see here down at the bottom we always have some great property details like that’s a subdivision, what’s the size, what’s the pricing, what’s the parcel numbers? In this case, this is actually two separate parcel numbers. Also, we have the legal description we have the google map link down here, the latitude, longitude of each of the four corners. So, this is the northwest corner, the northeast corner, the southwest corner, the southeast corner of the property. We got the taxes, the zoning, which one of the cool things about Park County is you actually can build a tiny home so 200 square feet is the minimum. People often ask about the mobile tiny homes; those you can’t do here, you actually have to set a foundation for your tiny home but the good news is you can do it. So, definitely this is a great property to check out. Some other cool resources that we have is we have some blogs and so if you look at our blog tab here you'll see how to buy land seven essential tips. So, we have seven essential tips on how to buy land. We have one here that Christie published on fishing in Klamath County. We have another one that Christie wrote here in June on top three things to do in Park County. So, if you’re interested in Park County, definitely check out this blog post that Christie wrote. There is some really cool stuff in here. She highlights three of these places which I thought would be fun to take a look at. This is Kenosha Pass. If you ever have the chance to drive from Denver 285 you can see meets about right here by I-70 in Denver. This is a beautiful drive and 285 has this gorgeous pass as you come out into Jefferson so definitely make sure to check that out - Kenosha Pass. The national forest, Pike National Forest we talked about. Another really cool location that Christie highlighted on the blog is Montgomery Reserve, see this beautiful waterfall. You’re up in the mountains here; this is northwest of Fairplay. So, our property we were talking about is down south here, south of Hartsel. So, the reservoir’s there, national forest here, what we were just talking about, Kenosha Pass, is up here. So, all of those things are close. You can see there’s lots of lakes and fishing spots which we will feature in a future podcast and our live show. And so my friends, that wraps up the episode for right now. We are going to be talking more about the Arizona properties. I’ll introduce you to Christie just in a little bit, later today. So, thank you so much for tuning in. We appreciate you and we hope one day to tell your land story. Thanks so much, bye-bye. Dave [outro]: all right my friends. Well, that wraps up the episode for today. And just remember, it’s just for through the end of December. We would love to give you the opportunity to win 5 acres, 5 acres in Colorado, no strings attached. You can enter completely free as a gift from us to you. Make sure to text freeland, f-r-e-e-l-a-n-d to 44222. Again, text freeland, all one word, to 44222 and we will get y'all entered into the drawing to win 5 acres. All right my friends, we'll talk to you later. Have a good one, bye-bye.
Imagine this, picture this. You're stuck. You're grinding through your day. One patient after another. You're feeling numb, calloused to the world around you. You feel focused, but you're losing your edge. But, that's not all… You're wondering what the heck has happened since medical school when you were so excited, so engaged, so optimistic. The assembly line still keeps on ticking. It seems so monotonous. Another patient and another patient and another patient. You are late, they are late. 5 minutes here, 5 minutes there. You may be wondering, “Is this really the life I want? Can I keep going on like this? Should I stay in medicine?” In this podcast, Dave Denniston talks about 3 steps to financial freedom for burned out physicians and what you can do about it. He breaks it down by age and what each person should be thinking about. He reveals... - The biggest step to financial freedom for burned out physicians and the simple secret that most physicians miss out on. - The easy-to-implement strategies that can help you secure time freedom (plus get some sweet tax write-offs!) - Actionable solutions for how physicians can minimize and simplify their lives For all the show notes, transcription and more, check out the podcast website at http://doctorfreedompodcast.com/
Are you getting close to retirement? Have you been wondering what to do about social security? Is there a right way to take the money? In this podcast, Dave Denniston talks about what's been happening with social security and how it effects you. He breaks it down by age and what each person should be thinking about. He reveals... - Why people have been file and suspending. Is this something you should do (or can do)? - The strategy that he made sure his parents used (but isn't available much longer for those over 61 years old) - How people younger than 60 should think about social security and the three strategies that are still available to them Resources Mentioned: D'oh! File & Suspend Has Been Suspended! For all the show notes, transcription and more, check out the podcast website at http://doctorfreedompodcast.com/
Have you ever felt like your income is getting flatter than a pancake? Have you felt the pressure from decreasing reimbursements? Wondering if you could get that productivity bonus? Your host, Dave Denniston, was recently reading an article that was eye-opening on a common method that physicians miss. In this podcast, Dave Denniston talks about this method and how primary care docs (and perhaps many others) can drastically increase the revenue per patient. For all the show notes, transcription and more, check out the podcast website at http://doctorfreedompodcast.com/
In this podcast, Dave Denniston talks about an article he read recently on Dave Ramsey's website. You can check out that article here. He rants for a few minutes on the top decisions physicians need to make in considering what to do for their kiddos' education. In this podcast, you'll learn the 5 BIGGER questions you should be asking before your child goes to college. For all the show notes, transcription and more, check out the podcast website at www.doctorfreedsompodcast.com
In this podcast, Dave Denniston talks about his most embarrassing moment ever! What about you? What was your most embarrassing moment? Have you ever been embarrassed about a decision with money? What have you done about it? For all the show notes, transcription and more, check out the podcast website at www.doctorfreedsompodcast.com
In this podcast, Dave Denniston talks about a crazy, insane story of a physician who got hit with an unexpected six figure bill! Dave shares the following: - The challenge that young physicians HAVE to consider when they leave when position to start another - How a physician was scraping by and begging friends and family to help them out afterwards - Learn how Contract Diagnostics was able to knock off five figure off the six figure bill For all the show notes, transcription and more, check out the podcast website at www.doctorfreedsompodcast.com
In this podcast, Dave Denniston talks about the Top 5 Podcasts for Physicians. Dave shares the following: - The FIRST podcast is done by an ER physician and shares intriguing thoughts on medicine & life. - The SECOND podcast is hosted by a young physician who focuses on the future of medicine & entreprenuership - The THIRD podcast is done by a pair of doctors who focus on treatments - The FOURTH podcast is a done by a journal that I found fascinating - The FIFTH podcast sounds a bit like NPR, but has lots of good content For all the show notes, transcription and more, check out the podcast website at www.doctorfreedsompodcast.com
In this podcast, Dave Denniston talks about 3 Shockingly Easy Elements of Physician DI Policies. Dave shares the following: - The FIRST is the biggest determinant of your cost and you have COMPLETE control over it - The SECOND is an incredibly easy way to CUT your costs WITHOUT cutting your benefit - The THIRD is where a lot of insurance salespeople sell a "Cadillac Escalade" policy when all a physician needs is a Honda Civic. Find out how you can change your policy even if you have had it in place for years. For all the show notes, transcription and more, check out the podcast website at www.doctorfreedsompodcast.com
In this podcast, Dave Denniston talks about a previous life event and the journey of getting back on his feet. For all the show notes, transcription and more, check out the podcast website at www.doctorfreedsompodcast.com
In this podcast, Dave Denniston talks about a recent client experience and the journey of getting rid of a time share. Dave shares the following: - Three great resources to sell your time share (including one to see if it may even be possible!) - The EASY option to unload your time share and get a tax write-off - How you could buy more timeshare credits- where to buy and where NOT to buy them For all the show notes, transcription and more, check out the podcast website at www.doctorfreedsompodcast.com
My name is Dave Denniston. Welcome back to the latest episode of The Freedom Formula for Physicians Podcast. Physicians today are working so hard. In the midst of a grueling work schedule, our families can be forgotten. Unfortunately, this leads to doctors and dentists having some of the highest divorce rates in the country. In my book The Freedom Formula for Physicians, I talk about one of the biggest mistakes that many physicians make is this lack of work-life balance and not making the effort to pour time and energy into their marriage. It can be really hard to put this altogether. That's why I thought I would bring as a guest, Julia Orlando. In this podcast, Julia reveals: - The biggest excuse physicians make throughout their marriage & what you can do about it - How many physicians AND their spouses are burned out - The 3 stages of burn-out and how resent plays into the process - 3 of her favorite ways to GET HAPPY For all the show notes, transcription and more, check out the podcast website at www.doctorfreedsompodcast.com
In this podcast, Dave Denniston reveals 5 Key Secrets to Success for Young Physicians. We discover: - His proprietary formula for both primary care physicians and specialist physicians to work towards saving for their first home, pay down their debts, & still enjoy life - Learn about a few excellent resources every young physician should know when considering debt forgiveness programs - The BIGGEST financial stumbling blocks that hold many physicians back and force them to stay in assembly line medicine for decades and decades and decades For all the show notes, transcription and more, check out the podcast website at www.doctorfreedsompodcast.com
In this podcast, Dave Denniston reveals 3 life lessons from two of his role models- his Grandma Frances and Great Aunt Margaret. We discover: - The HUGE lesson he learned from Aunt Margaret that's dictated his view on money - The life lesson from Grandma Frances that is the whole reason why he does videos like these - How he marries together these two lessons and what we can all apply from this. Let us know- what life lessons did you learn from your friends, family, and role models? For all the show notes, transcription and more, check out the podcast website at www.doctorfreedsompodcast.com
In this podcast, Dave Denniston, CFA talks about a book he recently read up on, The IRS Problem Solver by Daniel Pilla. He reveals 3 key lessons from the book which covers the following topics on taxes for doctors: - Receiving a scary collection notice from the IRS and how physicians should reply if they receive one - How to AVOID and deal with an onerous tax audit - The burden of a tax debt of a current or former spouse - Being in danger of having your property seized Check it out and let Dave know what you think! Also, what book would you like Dave to check out next? For all the show notes, transcription and more, check out the podcast website at www.doctorfreedsompodcast.com
In this podcast, Dave Denniston interviews real estate expert & author Josh Mettle. It really hit me the other day, that I have never addressed a really important aspect that many physicians are interested in.... real estate. About a year ago, I had my friend Josh Mettle on a google hangout and we talked about Physician mortgages. Josh is the author of Why Physician Home Loans Fail. What if you want to invest in real estate? We know over the years that real estate has had its ups and downs, but overall has created billions of dollars of wealth for many many people. Josh has been investing in real estate for years and years, his folks did it and taught him the ropes and hasseen a lot of the glorious successes and smashing failures in real estate. In this podcast, Josh reveals: - Learn the 3 critical laws that Josh follows when investing in real estate - Find out what his 'pregnant wife' rule is & how it applies to you - Learn the minimum return Josh requires & his personal formula for success in investing in real estate - Understand why "cap rates" suck & what Josh uses instead For the whole transcript and all the show notes, visit our website at: http://doctorfreedompodcast.com/josh-mettle-real-estate-smashing-failures-glorious-successes/
Zero Xcuses Podcast: Build Discipline, Regain Control Over Your Time & Eliminate Excuses!
Happy (belated) New Year and welcome back to the show! In our first show of the year, we talk with the host of the Freedom Formula for Physicians Podcast -- Dave Denniston. I've been able to get to know Dave through the real estate circles that we both travel in. He has quite an inspirational story to share with us about how he started his Podcast helping medical professionals as way to give back to those who helped him & his family through what's nothing short of a miracle. Tune in to find out more about Dave! Check out Dave's Podcast HERE! Also, check out his website for all his resources!! Are you looking to band together with like-minded men who are looking to build discipline, regain control of your time, build wealth and ultimately live life on your terms? We have recently launched the Infinite Results Mastermind where you can do just that. If you are interested in committing to getting exactly what you want in your life then join us at the link below: Infinite Results Mastermind Are you looking to build rock-solid discipline? Regain control over your time? Build your bank account? Connect on a deep level with your family? If so and you're willing to invest the time, money and energy into reaching your goals checkout my discipline coaching program! I teach you the fundamental tools, strategies and tactics necessary to have discipline in every area of you life! It's by application only and I only have a few spots for this! Discipline Coaching Connect with us here: Check out our blog! Zero Xcuses Facebook Group: Join the Zero Xcuses FB Group Support this show by visiting our various affiliates and sponsors HERE.
In this unique podcast, you will get to hear a double interview....yes that's right a double interview. Dave is interviewing a fellow land investor, Kenyon Zitzka, at the same time Kenyon is interviewing Dave for his podcast. Kenyon Zitzka has been in the Navy for 20+ years in active duty and in the reserves. As he has started to near military he has started to invest in flipping land, started a podcast and is a discipline coach. Please help me welcome Kenyon Zitzka, Welcome Kenyon! In this podcast you will: Acquire the necessary qualities and characteristics that are needed to be successful in the land business. Discover who land investing is not for or who would not be successful flipping land. Learn why Dave started the podcast and what other side hustles that he has tried and currently is pursuing. For all the show notes, transcription and more, check out the podcast website at http://doctorfreedompodcast.com/
This week Kevin McKinney and Robert Gagliardi from the Laramie Boomerang join the podcast to discuss the quarterback situation for the Cowboys, talk the Border War and Robert's new book, "The Border War", there are interviews with freshman quarterback Sean Chambers and linebacker Adam Pilapil, and a focus on Wyoming swimming and diving head coach Dave Denniston.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
This October we are doing a series of podcasts featuring Dave being interviewed on other podcasts. This is the interview where I was featured on Docs Outside the Box Nation. We discuss how you can learn to manage taxes more efficiently. Don't dismiss this podcast – you'll going to learn a lot from this interview. This is a very important subject especially if you plan on living outside the box, which is quite different than a W2 situation. In this podcast you will: Discover Dave's personal story as to why he works with doctors and started his podcast. Compare and contrast the W2 vs 1099, is there a risk to being an independent contractor? Learn about the public service loan forgiveness program and how it can benefit your student loan debt. Learn the difference between an LLC and an S Corp. Discover how tax deductions help business owners and the common tax deductions that he sees physicians miss all the time. For all the show notes, transcription and more, check out the podcast website at http://doctorfreedompodcast.com/
This June we are focusing our attention on the Top 5 Podcasts that we had in 2017. They are a great mix of topics from real estate, taxes, and the ever popular side hustle. In this podcast, Dave Denniston talks about the Top 5 Podcasts for Physicians. In this podcast you will: The first podcast learn about Nii Darko and how he has taken his tough lessons and are helping other doctors not make the same mistakes. The second podcast you will discover resources to help with digital entrepreneurship The third podcast you will gain many resources that will help female doctors with finances and life balance The fourth podcast learn how he buys and resells practices for profit The fifth podcast you will acquire numerous resources that will benefit medical students and practicing physicians For all the show notes, transcription and more, check out the podcast website at http://doctorfreedompodcast.com/
Hello my friends, this is Dave Denniston, and welcome back to another episode of Freedom Formula for Physician's Podcast. The podcast dedicated to helping doctors like you slash your debt, slash your taxes, and live a liberated lifestyle. As you know, there has been a lot of focus on the tax reform. This will be my final one for the current future, and today's focus will be small businesses-S-CORPs, sole proprietorships, etc. In this podcast you will: Discover how the new tax reform will impact small businesses Learn the difference between a s corp and a sole proprietorship Discover how taxes differ between FICAs-Social Security and Medicare Get lots of questions answered from our episode with Craig Cody in February 2018 Learn the difference between "above the line" and "below the line" tax deductions Uncover the still looming question, "Does the taxable income have to do with all of your income, or is it just based on your business income?" Resources mentioned in this podcast: How Pass-Through Income Will Be Taxed In 2018 For Small Business Owners Tax Reform! How Physicians and the Self-Employed are Affected Individual Tax Planning Under The Tax Cuts And Jobs Act Of 2017 Trump Tax Reform Calculator A Tax Professional's Take on Trump's Tax Plan If you are confused about this tax stuff and you want the latest copy of the Tax Reduction Prescription and that calculator I was talking about in January, there's no better time to grab that then right now! Text LESSTAXES to 44222. If you have questions or want to share your story, I'd love to hear from you. Contact me at dave@doctorfreedompodcast.com or on my website www.doctorfreedompodcast.com. Remember, make sure to slash your debt, slash your taxes, and live a liberated lifestyle.
Hello my friends, this is Dave Denniston, and welcome back to another episode of Freedom Formula for Physician's Podcast. Joining us for this episode is a three-time guest. He is an author, mortgage lender, specializing in physicians, dentists, CRNAs and PAs, and you'll hear him on his own podcast, Physician Financial Success Podcast. Please help me welcome Josh Mettle. In the past we've discussed buying homes and rental real estate. This is a great time of the year to discuss these topics if you're transitioning to practice, buying your first home. Or maybe you've been an attending for the last year or two and now you're considering buying your first home. This episode is just for you. In this podcast episode you will: Hear about the two colliding forces that will cause mortgage interest rates to go up from here on out, and how to prepare yourself for it Learn why mortgage rates are starting to move up, yields are moving higher, how that is affecting the season of buying bonds and how that will make an impact on home purchases Discover how new home sales, existing homes, and permits might be affecting demand and supply Get great advice on how to look at purchasing and owning your home with the "big picture in mind" vs. your home owning you Learn why living like a resident financially after transitioning to practice for the first couple years and paying off your student loans quickly will help you be better financially secure for the future Resources mentioned in this episode: Josh Mettle- Real Estate Smashing Failures & Glorious Successes The Tax Reduction Prescription with Josh Mettle Josh Mettle- The Pitfalls of Physician Mortgages www.doctorfreedompodcast.com/homevalue Physician Financial Success Podcast If you have questions or want to share your story, I'd love to hear from you. Contact me at dave@doctorfreedompodcast.com or on my website www.doctorfreedompodcast.com. If you are confused about this tax stuff and you want the latest copy of the Tax Reduction Prescription and that calculator I was talking about in January, there's no better time to grab that then right now! Text LESSTAXES to 44222. Remember, make sure to slash your debt, slash your taxes, and live a liberated lifestyle.
Good Morning – I’m Stephen Woessner, CEO of Predictive ROI and host of Onward Nation. And welcome to Episode 710 – this week’s solocast. Well, this is a solocast with a twist. If you have been listening to Onward Nation for a while now – you know that sometimes I take an interview where I was a guest on someone else’s show – and we essentially re-air it during my solocast. I do this from time-to-time for several reasons. First...doing this is an excellent opportunity for you to hear me in the hot seat per se. Someone gets to fire questions my way – and in the process – I get to share perspectives, insights, opinions, or strategies that I might not normally think to share during an interview with one of our Onward Nation or one of my solocasts. Second...by doing this I am able to introduce you to another host who I think has some chops – someone who has an interesting point-of-view – or someone who I enjoyed talking with. Which is definitely the case with Stephanie Scheller. Stephanie and I met through an introduction from Dave Denniston – and Dave was my awesome guest on Episode 244 of Onward Nation. Following Dave’s intro – Stephanie invited me to be a guest for her YouTube series. I said yes, for a couple reasons. One – I knew it would be a lot of fun and I am always game to talk with someone about building and scaling a business. Two – I knew it was going to be a video interview, and like I shared a couple months ago, being excellent on YouTube this year as a company is one of our vital priorities for 2018 – so the interview would be another asset that would help us do that. What I enjoyed about my time with Stephanie is that she asked great questions about my story, how Predictive ROI landed on and decided to go deep in all things voice and video to help our clients win, and we even dug into trends behind podcasts...and whether or not it was getting harder and harder to stand out. I shared my insights from the perspective of someone who has owned five companies – and – interviewed nearly 1,000 of today’s top business owners – and hopefully Stephanie’s audience found the strategies and recommendations helpful. So for today’s solocast – I wanted to share the conversation I had with Stephanie...with you...because there may be a nugget or two in there that could be helpful in your business. And lastly, the reason I wanted to share this interview today is because it is another tangible example of how one piece of content can be transformed into another piece of content pretty easily. Here’s what I mean. Stephanie and I connected on Zoom and recorded a video interview. She then posted the content to her YouTube channel and shared it with her community. Then Dallas Hendrickson on my Predictive ROI team, grabbed the video file and stripped out the audio portion of the file, and now we are going to re-air the audio within the middle portion of this episode of Onward Nation. All I am doing right now is giving you an introduction so you have context as to why – instead of just jumping into the interview with Stephanie and it potentially being confusing. In addition, we will likely transform the interview with Stephanie into a blog post, social media posts, a LinkedIn article, and it will become a feature in our weekly email. And you have similar opportunities with the cornerstone content you create – or could create – on a daily basis. You don’t need to create everything from scratch – it doesn’t have to be perfect – but it does need to be helpful to your audience. If you focus on being helpful, being generous with your expertise, and meeting your clients and prospects where they need you – then you will be successful in building your own nation of true fans and growing your business. So ultimately, I wanted to share this interview with you as a tangible example – a recipe – that you could take and implement into your own biz dev strategy. Go here for the video interview with Stephanie. I hope you find what I shared with Stephanie to be helpful. Especially in the areas of voice and video – how they are growing – and why I believe so strongly that you, too, need to be there as part of your biz dev strategy. There is so much happening right now with voice that it is becoming difficult to keep up with. All of a sudden, my Predictive ROI team is building Alexa Skills and Flash Briefings that are connected back into the podcast content for clients, and all of that is tied into a product or service rollout. My mind starts racing with all the possibilities. Wow. So if you want an overview of how voice is changing the game of biz dev, I encourage you to go back to last week’s solocast, Episode 705, where I break down some of the latest tech and trends. And more importantly – how you can drive your business forward if you begin taking action around these opportunities. So with that said...I want to say thank you, Onward Nation. Thank you for taking time to be here – thank you for sharing your feedback, opinions, and insights with us for over 700 episodes. You are rock solid awesome! Please know – I appreciate your time and attention so very much – thank you for helping us get better each and every day. And I am thrilled that we crossed another milestone with 700 episodes – and we are continuing pushing forward and doing an even better job in how we look to serve you the best going forward this year. I wish you a wonderful rest of your week and look forward to having you back tomorrow for another great interview with one of today’s top business owners. Until then...onward with gusto!
Hello my friends, this is Dave Denniston, and welcome back to another episode of Freedom Formula for Physician's Podcast, the podcast dedicated to helping doctors like you slash your debt, slash your taxes, and live a liberated lifestyle. And today we're focusing on the debt side of that equation. Our next guest founded Student Loan Planner after helping his physician now wife, now wife navigate ridiculously complex student loan repayments following med school. To date, he has personally consulted on over $200 million in student debt, personally more than anyone else in the country. And this is a guy after my heart own heart-he is an Eagle Scout, a CFA (chartered financial analyst, he used to do a bunch of trading back in the day. Now, his focus is on student load debt payment. Please help me welcome Travis Hornsby. In this podcast you will: Learn how to make a strategic plan when graduating from med school with significant debt Get an inside look at Public Service Loan Forgiveness (PSLF) and how and when to apply Discover how Travis and his wife Christine navigated through the FFEL (Federal Family Education Loan) program Why you shouldn't consolidate all your loans at END of your residency Learn about the Direct Loan Program Why refinancing may be the best option to repay your student loans during residency Resources mentioned in this podcast: Contact Travis directly at travis@studentloanplanner.com Student Loan Planner "To learn more about Student Loan Planner's services, see if a student loan consultant is right for you. If you're confident you want to pay back your med school loans as fast as possible, check out these cash back bonuses for refinancing student loans." If you have questions or want to share your story, I'd love to hear from you. Contact me at dave@doctorfreedompodcast.com or on my website www.doctorfreedompodcast.com. If you are confused about this tax stuff and you want the latest copy of the Tax Reduction Prescription and that calculator I was talking about in January, there's no better time to grab that then right now! Text LESSTAXES to 44222. Remember, make sure to slash your debt, slash your taxes, and live a liberated lifestyle.
My name is Dave Denniston. Welcome back my friends to the latest episode of The Freedom Formula for Physicians Podcast. My friend, as you know, I am captivated by the idea of side hustles. I have this podcast of course. I'm an author. I acquired a digital business earlier this year and now my wife and I are getting into the land flipping business. You may think that's crazy and that's okay! I have someone here with me who is just as crazy as I am and we are going to dig in and find out why. Our next guest is the Chief Side Hustler at Side Hustle Nation. He's an entrepreneur involved in a variety of projects. Like any business, it has its ups and downs, which can be stressful, but he learn something new every day. He started Side Hustle Nation because he believes in the hustle. He would say... after all, what's riskier: starting a business, or relying on your job as your only source of income? He used to work full-time for a giant corporation, but he built his biz over many nights and weekends. He believe that you can do it too. Please help me welcome Nick Loper from The Side Hustle Show. In this podcast you will: Be motivated to not just settle for an average life Receive advice on how to focus your time and assets into what works best for you Ask yourself this question: What assets or skills do I have that could be leveraged in a unique or valuable way? Learn how a side hustle can be fun and not stressful Discover tools on how to live life more proactive and less reactive Resources mentioned in this podcast: Side Hustle Nation Side Hustle Nation Show A Time Logger App How To Shortcut Your Financial Freedom with Short-Term Rentals ($15k a Month, Part-Time) with Zeona McIntyre If you are a physician or someone else servicing physicians and want to tell your story, grapple with these tough issues, and get on the soapbox for a few minutes, I'd love to share it too in the next Freedom Formula for Physicians Podcast. Make sure to contact me at dave@doctorfreedompodcast.com or on my website www.doctorfreedompodcast.com. If you got tremendous value from this podcast, I would like to ask you a favor. Could you take a quick minute and do a review on Itunes? It really helps the show and would mean a lot to me. Remember, make sure to slash your debt, slash your taxes, and live a liberated lifestyle.
Docs Outside The Box - Ordinary Doctors Doing Extraordinary Things
My next guest is Dave Denniston who is a Chartered Financial Analyst that works with physicians. He also is a fellow podcaster and hosts the Freedom Formula for Physicians Podcast. I am definitely a fan of the podcast and this is due to his knowledge, consistency, and genuineness. The show covers a wide range of relevant topics to docs including student loan debt, burnout, and reducing tax burden. I brought him on the show to talk about how the Docs Outside the Box Nation can learn to manage taxes more efficiently. Don't dismiss this podcast – you'll going to learn a lot from this interview. This is a very important subject especially if you plan on living outside the box, which is quite different than a W2 situation. Dave is also an author of four books that you can find on Amazon.com right now: Freedom Formula for Physicians: A prescription for First-Class Financial Health For Doctors Insurance Guide for Doctors 5 Steps to Get Out of Debt for Physicians Workbook 17 Myths Uncovered About Financial Freedom for Doctors: It's Not What You Make, It's What You Keep Things you'll learn in this episode: Dave shares his touching personal story as to why he works with doctors Compare and contrast W2 vs 1099 Is there a risk to being an independent contract and the public service loan forgiveness program What's the difference between a LLC and a S corporation How tax deductions help business owners Common tax deductions that he sees physicians miss all the time Disclaimer: ***Please see your Tax CPA before taking this advice*** Links talked about during the show: 7 Financial Lessons from The Doc Outside the Box https://empireflippers.com/podcasts/ http://webequityshow.com/ https://itunes.apple.com/us/podcast/empire-podcast-buying-selling-websites-investing-in/id476852137?mt=2 https://itunes.apple.com/us/podcast/web-equity-show-justin-cooke/id1022624233?mt=2 If you enjoy the show please be sure to review this podcast episode on Apple Podcasts – I would so appreciate it….plus I read all the reviews on the show! Please subscribe for future great episodes!!! Apple Podcasts| GooglePlayMusic | Stitcher Check out our sponsor Set for Life Insurance: www.setforlifeinsurance.com The post 033 – That 1099 vs W2 Life with Dave Denniston appeared first on DOCS OUTSIDE THE BOX.
In this episode, Alan interviews fellow-podcaster, Dave Denniston, of the Freedom Formula for Physicians Podcast. Dave shares his amazing story of how he began serving physicians through his website doctorfreedompodcast.com. In an effort to “give back” to the physicians and medical team that have been such an integral part of his family’s journey in life, Dave set out to help physicians slash their debt, slash their taxes and live a liberated lifestyle.
My guest today, on the Steve Jobs inspired Join Up Dots free podcast interview is a man who went through one of the worst experiences that any parent could go through and found his path in life. And the rest as they say is history. Back on May 13th, 2012. Mother's Day, his wife, Cyrena, was having an incredibly difficult pregnancy. She had pounding headaches, blurred vision, and searing pain throughout her body. As a matter of fact, she had been in and out of the hospital for the last two weeks. Their tiny daughter was only developed 23 weeks in gestation. Her due date was September 9th, 2012, and subsequently the diagnosis was not great "Less than 40 percent, but in her case it is either all or nothing. She has several good things going for her.” But fortunately although his miracle daughter has had issues since, he, his wife and of course his daughter has seen the rise of his business due in not short measure to what he saw during those worrying times in the hospitals. He decided from then on that he was on a mission to help physicians, and the best way to do that was to write, speak, and meet with people individually to council with them on their financial situation. As he says "Physicians today are under fire. Reimbursements are under question every year. Taxes are getting higher and higher. They are tired by being painted as "the rich doc" taken advantage of by unscrupulous sales people. More than ever, they need direction & guidance from a trusted source." And this is a brillaint story of adversity leading to enlightenment. And finding a niche that is tight, well formed and of course needed. Which is the way that all good businesses and products need to be focused on. So many people go wide and broad when actually the quickest way to success is by going deeper and deeper until you have a net that catches a select few. You see their issues with more clarity. You can provide the solutions more quickly. And now with his business growing, a new book the Freedom Formula flying off the shelves, and of course his own podcast, it looks 100% like he has found the thing that lights him up inside. But is this case? Is he creating something that is everything that his family, and of course himself want in his life? Or is this just the starting point to what he can now see and believes is possible? Well let's find out as we bring onto the show to start joining up dots with the one and only Mr. Dave Denniston
Dave Denniston is an accomplished author and podcaster. He has written six books on finances for small business owners and doctors. He hosts his own podcast named after his latest book, the “Freedom Formula for Physicians.” Dave has been interviewed by CNN, Kiplinger’s, BusinessWeek, and Physician Financial Success Podcast. He also contributed articles to Physicians Money Digest, Physicians Practice, Minnesota Medicine, Young Ophthalmologists, and AAOS. He has been featured in speaking events with the Minnesota Medical Association at the University of Minnesota and the Mayo Clinic as well as at the AAO (American Academy of Ophthalmologists National Conference). Secret – timesaving technique Dave shuts his door -- do what you have to so that you can focus. ONWARD! Daily habit that contributes to success Dwell on the positive moments in your life -- Dave journals regularly on things he wants to remember. Could have ruined your business – but now – an invaluable learning experience Dave invested hundreds of thousands of dollars -- and then 2008 happened -- and Dave tells the whole story here. Most critical skill you think business owners need to master to be successful "Get a handle on automation." Most influential lesson learned from a mentor "Buy your building." Final Round – “Breaking Down the Recipe for Success” What systems would you go back and put into place sooner? I would have had a podcast -- and other social media -- sooner. What one strategy or “recipe” would compound into big wins for business owners? Integrating direct mailing and phone calls with online marketing. How to exceed expectations and add the most value? An individual would be a self-starter with a hunger and drive. What strategy would you recommend new business owners focus on to best ensure success? Get out and network How best to connect with Dave: Email: dave@daviddenniston.com Website: doctorfreedompodcast.com Five Free Tools: doctorfreedompodcast.com/onward
Stephen is the CEO of Predictive ROI and the host of the Onward Nation podcast. He is the author of two bestselling books, speaker, trainer, and his digital marketing insights have been featured in SUCCESS, Entrepreneur, The Washington Post, Forbes, Inc. Magazine, and other media. Good Morning Onward Nation -- I’m Stephen Woessner. It is an honor to be with you here this morning, and my hope for you is that this week -- the final week of April 2016 -- has brought you happiness, that this week has also brought you success, that this week has brought you opportunity, that this week has brought you some challenges that have pushed you to expand your knowledge -- to learn new things -- and most of all -- I hope during this week -- and right now specifically -- you will give yourself the time to consciously consider whether or you have given you and your team the FREEDOM TO FAIL. Yes...you heard me right. I said the FREEDOM TO FAIL. It is fascinating to me how the word failure has become all the rage -- almost a buzzword or mantra -- and is being used by personal development gurus, digital marketing consultants, business leaders, to politicians. But these three simple words -- FREEDOM TO FAIL -- have a completely different meaning to me because of my experience this past weekend. I spent Saturday at West Point...the United States Military Academy in New York State. To say that spending the day at West Point was a life-changing experience would be a significant understatement. I was in awe. My pride as an American citizen soared. The honor I felt since serving our country in the Air Force was taken to a whole new level. And to top it off...I was able to share the experience with a group of friends who we affectionately refer to ourselves as the Circle of Greatness. At the center of our group -- our founder father so to speak -- the man who pulled us all together, first to meet one another, and then to develop some wonderful friendships, is Don Yaeger. I hear me mention Don in nearly every episode of Onward Nation because he has been one of my most influential mentors, my weekly accountability partner, and has become one of my closest friends. Three years ago, Don decided to organize a group of people who have had a significant impact on his life from both a professional and personal perspective. Don’s wife, Jeanette began referring to us as Don’s Circle of Greatness...an appropriate moniker since researching and studying the topic of “Greatness” has become Don’s passion and life’s work. In fact, one of the books Don author is entitled, "The 16 Characteristics of Greatness." There are about 30 of us in the Circle -- and this weekend -- 20 of us were able to make it to New York City for a weekend together. All of which was masterfully orchestrated by Jeanette Yaeger, Don’s wife. Jeanette -- if you are listening -- thank you so much, my friend. You are beyond amazing!!! One of the members of our Circle is Colonel Bernard Banks, professor and department head of behavioral sciences and leadership at West Point. Colonel Banks invited all of us to West Point to spend the day as his guest and to learn about the values and leadership development process they apply to create our nation’s next military leaders. When we all read that West Point was on the agenda for the weekend...we were all excited for the lessons that were about to come our way and extremely grateful that such an uncommon opportunity came our way. To be the guest of Colonel Banks -- at West Point -- for the day...are you kidding me? Incredible! Onward Nation, being at West Point was one of the most intimidating -- inspirational -- and humbling experiences of my professional career. So for today’s solocast...I am going to share with you the major highlights -- the core lessons -- that I learned from the cadets who guided us through the breathtaking campus -- and the leadership lessons Colonel Banks shared with us during a private leadership class with just our “Circle.” So buckle in, Onward Nation...I promise...this discussion will help you move your leadership development process within your business to the next level. Leadership Lesson 1: Honor your history and core values I want to start off this first leadership lesson by sharing something that is deeply personal among all of the cadets at West Point. And it goes like this... “Make us choose the harder right instead of the easier wrong and never to be content with a half truth when the whole can be won.” What I just read to you is know as the Cadet Prayer. Anyone can see it -- read it -- as they enter the academy. It is proudly displayed inside the Thayer Hotel at the entrance to West Point. The prayer also embodies the Cadet’s honor code, which reads, “A cadet will not lie, cheat, steal, or tolerate those who do.” When I thought deeply about both of these powerful statements -- these core values -- I was taken back to episode 18 of Onward Nation and my powerful conversation with Larry Broughton. During our conversation -- it was Larry -- who first taught me the Cadet Prayer -- in fact, he recited it during our interview. After all these years...the Cadet Prayer was still his mantra -- the creed by which Larry lives each day and how he leads his company. Larry had learned it during his 9 years of service in the US Army Green Berets. So to read it at West Point brought me full circle and reaffirmed how important it is that we honor our core values -- that we as leaders personally stand for something our employees and customers can believe in -- and that our business lives our core values every day -- just like the cadets and faculty at West Point do. Day in and day out. Leadership Lesson #1 also involves honoring our history because our past is critical to our future success. Our ability to study the failures, the challenges, the tribulations, and the triumphs of leaders who have gone before us -- and then applying what we have learned -- will almost assuredly accelerate our own accomplishments. At West Point, when you walk around campus, you will see statues, monuments, and buildings dedicated to our country’s greatest military and political leaders -- as well as the conflicts and wars where they lead. Why? So our cadets -- this country’s future leaders -- have an opportunity to be reminded of what has already been learned so that experience, wisdom, and perspective can become their guide throughout their own leadership development process. Leadership Lesson 2: Preparation ensures success Our Circle members were able to see first-hand how seriously the cadets at West Point take leadership. And I was reminded of this quote. “There are no bad crews -- only bad leaders.” -- United States Navy Seals Even though that mantra -- that purpose -- was created and used by the Navy Seals...it was evident the West Point cadets believed its message throughout their corps of cadets. When we arrived at West Point, we were greeted by three cadets and Colonel Banks waiting outside the Thayer Hotel. The cadets were in charge of escorting us from the hotel to the athletic complex so we could watch the opening ceremony and the Special Olympics competition taking place. Every year, West Point hosts the largest Special Olympics competition in New York State, and the cadets play a very active role in service to the Olympians. An amazing site to see. Our cadets briefed us on the logistics and schedule of the day with precision. We had a lot of places to be and not much time in each location. Plus, there were 20 of us to keep track of. Not an easy task. But, the cadets were prepared with every detail. It was evident they didn’t just show up to be our guides for the day because Colonel Banks had asked them to...or because Don Yaeger also serves as a senior fellow at West Point. The cadets had studied, they had planned, and they were ready to help us make this a day to remember. The cadets also served as our historians for the day. They taught us about the pivotal role West Point had played during the Revolutionary War including the story of Benedict Arnold and the plan he and the British had conspired to create with the goal of capturing General George Washington during his visit to West Point. Our cadets also took the time to explain -- and -- to take us inside the day and life of a cadet. They shared their passion -- their desire -- to ultimately receive the reward of active duty status in the Army upon graduation. Amazing. West Point is home to 4,400 cadets who all share the same passion, drive, and determination to become prepared to serve our country as military leaders and beyond. Our cadets -- all of the cadets -- are an extraordinary group of people and I look forward to my next opportunity to visit West Point and learn more leadership lessons from them. Leadership Lesson 3: Seek opportunities to serve and encourage others I mentioned a few minutes ago how West Point, its faculty, and its corps of cadets host New York State’s largest Special Olympics competition every year. Why? Because Leadership Lesson #3 that I learned at West Point is about seeking out opportunities to serve and encourage others. To illustrate how the cadets not only serve -- but encourage -- I included a short 30-second video of the cadets and several Special Olympians during the javelin competition. As I watched the Olympians and the genuine, authentic encouragement and love they received from their cadets -- I was moved. It was such an emotional experience to see a group of young men fully focused, devoted, and present for their mission for the day. And they did their duty -- not out of responsibility because they had been assigned -- but as you will see in the video -- they did their duty because they loved performing the service. They were overjoyed to celebrate the successes of the Special Olympians. Onward Nation, our cadets, actively seek out opportunities to serve and encourage each other -- and they are also committed to living these values outside of West Point as an example of excellence. West Point’s upperclassmen mentor, coach, and lead their underclassmen -- not by yelling, hazing, or by rank. Instead...and this may seem counterintuitive when thinking about the United States Army...but the cadets “hug” and then “push” each other. They hug and then push. Each cadet -- along with the faculty of this impressive campus -- is there to serve one another to help every one growth, develop, and become the leader they were meant to become. Plus, as we later learned from Colonel Banks, many of these 4,400 cadets will serve and work alongside one another for decades into the future. They will be forever bonded by service and encouragement to each other and to their core values. So it was a very special sight to see the cadets live their values -- in how they treat each other -- and how they stand shoulder-to-shoulder with their Special Olympians to serve and encourage. What an incredible display to have the privilege to witness. Leadership Lesson 4: Provide your future leaders with the FREEDOM TO FAIL During our day at West Point, Colonel Banks surprised us by inviting us into his classroom for a private leadership session. He asked if he could take some time to share and illustrate to us West Point’s three stage leadership development process as well as the curriculum cadets need to master before they can graduate and become officers in the United States Army. West Point created -- then applies -- an intentional process for leader development. The faculty at West Point believes that great leaders are developed -- it doesn’t happen by accident. Colonel Banks began by sharing that leaders first need to inspire the people around them every day. As you will see and hear Colonel Banks say, “The English word 'inspire' comes from the Latin word ‘inspirare,’ which means to breathe. Leaders have the opportunity to help others take the next breath in their journey. Many times, we, as leaders, are the ones who make people feel as if they cannot breathe. Research has indicated that 75 percent of all employees report that the most stressful part of their job is their immediate supervisor. The research is quite clear. People don’t quit the company. Your people quit you. And so that’s the opportunity you have every day -- to help your people take that next breath -- to inspire them -- to live their life in a better way.” Breakdown of West Point’s Leadership Development Process Stage 1: Developmental Experiences Challenge: Novelty Difficult goals Conflict Loss, failure Variety: Broad range of situations and demands Assessment: Feedback 360 degree and self-assessment Formal and informal Support: Confirming advice Encouragement Acceptance Resources + Stage 2: Individual Readiness Openness Reflection + Stage 3: Time = Leader of Character But this leader development process would not be possible without two critical foundational philosophies...and those are...cadets must be given the FREEDOM TO FAIL and cadets must be clear on WHO OWNS THE EXPERIENCE. If cadets are not given the freedom to fail -- to make their own decisions based on what they have learned from other cadets and faculty -- then they will never learn. Instead, West Point will have created cadet robots and not leaders who can think under extreme pressures and situations. However, if they are given the freedom to fail and then mentored on the path to improved performance -- mastery can be reached and excellence obtained. Colonel Banks told us that they are in the business of tearing muscle with purpose -- so that it can be rebuilt and it becomes stronger where the initial tear was. Awesomeness. And the cadets know they own the experience. They are not alone in their journey -- they have all of the resources of West Point available to them -- but ultimately, success or failure is their responsibility. No excuses. No pointing fingers. They own the experience. Impactful lessons taught at an institution I am so proud to have been able to visit and spend time at in such a deep and meaningful way. Colonel Banks...if you are listening...thank you so very much for generously sharing your expertise and wisdom with us -- we are all so grateful. Leadership Lesson 5: Protect your inner circle One of the most valuable lessons I have learned from Don is something he learned during the 12-years of one-on-one mentorship with the late Coach John Wooden. Coach taught Don that he would never outperform the people he spent the most time with. In fact, the people you spend the most time with -- in effect -- become your inner circle. So, you need to protect your inner circle by being very selective and deliberate about who gets access into your circle. Don practices this lesson with precision. How? Don investing the time and energy to create our Circle of Greatness is an excellent, tangible example of being deliberate with Coach Wooden’s strategy. And I encourage you to take the same lesson out of Coach Wooden’s playbook. So Onward Nation, my challenge to you is to think about who you spend the most time with. Are they moving at the same, or even better yet, a faster pace and tempo then you? Are they doing things in their life or business that challenge your own perspectives of what is possible? Are they growing personally and professionally in ways that push your comfort zone? If so -- good -- these are people you should spend more time with. Or, are they content with life and not learning anything new? Are they so full of potential but don’t seek out any new ways to apply their talents and gifts? One of our guests shared a metaphor with me that I thought was perfect...and it was this...let’s say you walked into your house and found Superman with his boots kick up on your ottoman and he was laying down on your couch, eating a bowl of ice cream and some cookies, while vegging and watching TV. And let’s say that he had been doing that for days to where it became a habit for him. Would you look at Superman and think to yourself, “Rock solid awesome...way to go Superman.” Or, would you think to yourself… “What in the world are you doing...you should be out saving the planet! Stop wasting your potential.” Onward Nation, my hope is that you will begin to think carefully about each person in your inner circle. Ask yourself...are they headed in the same direction as you? If not, you need to make changes so the people closest to you become your own version of a Circle of Greatness. We all need a Circle of Greatness in our lives to “hug and push us” to that next level -- just like the West Point cadets do for each other. So with that...I want to thank you again for taking the time to be here with me today. It is an honor to have you here -- thank you for tuning in -- I am delighted you chose this episode to be what you listen to, study, and take with you on your morning run, or maybe Onward Nation has become part of your daily commute, or in some other way has become part of your morning routine. However our daily podcast fits into your daily routine -- I want you to know how much I appreciate you sharing some of your invaluable 86,400 seconds you have in your day with me and the strategies we learn and share each day from today’s top business owners. And please continue to let me know what you think of Onward Nation...good or bad...I always want your feedback. My direct email address is stephen@onwardnation.com -- and yes -- that is my actual Inbox. No fancy filters or filing system and I read and reply to every single email. So please let me know how you think we are doing. I look forward to hearing from you. We will be back tomorrow with an incredible encore interview with Dave Denniston, host of the Freedom Formula for Physicians podcast. You will not want to miss this discussion, Onward Nation! Until then, onward with gusto!