DPI Media | 2022

David discusses  with Dan Kennedy the latest FTX scandal and how investors, even supposed veterans, can get involved in bad and fraudulent investments. It's in times of market turbulence, the latest popular craze, and when things look confusing that you HAVE to rely on the fundamentals.

Dan also reminds us that especially in this digital age, it's important to remain alert to things that may affect your investments, your business, and even your freedoms. Listen to learn more.

Dan Kennedy is back to discuss the importance of striving for sustainability in your business and in your investments, especially during a recession. Will the services you provide remain essential during a recession? What can you change to make it essential or what kind of customer will find your services essential? Will your investments still provide the same returns? Is that investment model sustainable without the high asset valuations we've seen in recent years? These are only a few questions you should be asking.

Dan stressed the importance of making rational, well-informed decisions even when you have two extremes as prominent behaviors in the crowd - panic or denial. Listen to our private conversation to learn more.

I think everyone has that fear of the stock market tanking and is looking for something more stable for their futures. Many independent dental practice owners like you, turn inward and want to invest in their own businesses. Another avenue is real estate. Doing real estate the right way will allow you to build cash flow and net worth, so you can secure your future.

Dr. Bruce Baird interviews Dr. David Phelps on a special extended edition of The Productive Dentist Podcast. Listen for insights on how you as a dental practice owner can make smart real estate investments including:

Dan Kennedy and I discuss the state of the economy (the effects of inflation and the coming recession), and the importance of making your business essential in the eyes of your customer/client/patient. We also discuss how post-pandemic behaviors effect our businesses and why real estate can be a stable investment throughout ups and downs. Lastly, we discussed "Someday" Syndrome which is putting off enjoying your life until you have X, whether that be retirement, some special goal, an obstacle, etc. 

Dan Kennedy discusses his experience growing his business in the mid-seventies and the lessons he's learned in high inflationary environments. When markets shift, as they inevitably always do, you have to know where to look for opportunities and what to stay away from. Dan explains it's important to make your income streams (having multiple is key!) resilient to change and learn how to make more out of fewer and less. The time of fewer and less is approaching and if you can't hedge and grow what little you have now, you're in for a rough ride. Listen to this episode to gain insight on how to successfully navigate through shifting markets!

The speed of change is always underestimated. This is why I bring Dan Kennedy back to discuss the importance of not being hindered by our crutch of permanence. The world and the markets are changing and we need to adapt our businesses, the way we invest, and the way we look for opportunities in order to be successful. As always, preparation is key, and Dan Kennedy gives us advice on how to best hedge against government disruption, market disruptions, inflation, and more. 

I'm here with Rob Swanson again. Rob finishes explaining his 8 rules of investing that will make sure your wealth grows and stays protected. In my last interview we discussed the first three rules but we will finish in this episode with the next 5-8.

In this podcast, I get to interview Rob Swanson, a real estate coach and a good friend. Rob reveals his 8 rules of investing that will make sure your wealth is protected and even grows. We'll discuss the first three rules in this interview but will finish off 5-8 in the next one. 

Dan Kennedy hops on a call with me to discuss the current political and economic climate (corrupt administration and politicians, deficit spending, alluring fast new investments) and how we should discern where our money and businesses go. Dan encourages keeping your eyes open not just to avoid bad impulse decisions, but to catch opportunities amidst the rising chaos. Listen to this conversation to get perspective on how we should continue to secure our investments, businesses, and future in these trying times.

Jim Sheils (author, real estate expert, father, husband) is here to share his perspective on what it means to create a lasting connection with your family, and specifically your kids. 18 summers is all you have with your children, and Jim offers advice on how to make the most of it while still being successful in other areas of your life.