The Prosthetics and Orthotics Podcast

Mastering Credit Card Rewards for Business Owners With Colin Stroud


Listen Later

Send us a text

Credit card rewards expert Colin Stroud reveals how O&P practice owners can transform regular business expenses into valuable rewards through strategic credit card usage. He explains the mechanics behind credit card rewards systems and how business owners can maximize returns on spending they would do anyway.

• Single practitioner O&P clinics typically spend $15,000-$20,000 monthly on components
• Larger clinics can spend $100,000-$200,000 monthly, generating substantial reward potential
• Credit cards offer both cash flow advantages and rewards generation simultaneously
• Cash back options typically max out at 2-2.5% return on spending
• Points-based flexible currencies can yield 5%+ returns when redeemed strategically for travel
• Rewards are considered rebates rather than taxable income
• Multi-owner practices can divide points proportionally among partners
• LinkedIn content marketing has driven Colin's entire business growth without paid advertising
• The "arbitrage opportunity" of points redemption delivers significantly higher value than cash back

Visit Colin on LinkedIn (Colin Stroud - with one L) or at gosomewhereworld.com to access his free newsletter and guides on maximizing credit card rewards.

Special thanks to Advanced 3D for sponsoring this episode.



Support the show

...more
View all episodesView all episodes
Download on the App Store

The Prosthetics and Orthotics PodcastBy Brent Wright and Joris Peels

  • 5
  • 5
  • 5
  • 5
  • 5

5

16 ratings


More shows like The Prosthetics and Orthotics Podcast

View all
Stuff You Should Know by iHeartPodcasts

Stuff You Should Know

78,238 Listeners

Freakonomics Radio by Freakonomics Radio + Stitcher

Freakonomics Radio

32,191 Listeners

The Jordan B. Peterson Podcast by Dr. Jordan B. Peterson

The Jordan B. Peterson Podcast

33,489 Listeners

Up First from NPR by NPR

Up First from NPR

56,437 Listeners

The Diary Of A CEO with Steven Bartlett by DOAC

The Diary Of A CEO with Steven Bartlett

8,215 Listeners

The O&P Check-in: an SPS Podcast by SPS

The O&P Check-in: an SPS Podcast

14 Listeners

O&P Rising by American Academy of Orthotists and Prosthetists

O&P Rising

3 Listeners

Not Gonna Lie with Kylie Kelce by Wave Originals

Not Gonna Lie with Kylie Kelce

10,187 Listeners