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The Veterinarian Success Podcast

141 Episodes

31 minutes | Jun 28, 2022
#140 Radio Show Investing Series: Commodities Good or Bad for your portfolio?
In this episode, I dive into the world of commodity investing - share some insights into how you might want to approach investing and diversifying your portfolio with commodities. Ultimately, what do the research and data show? Tune in and read the research pieces below to help become a better investor. What are commodities? What research supports owning them over the short, medium, and long term? How do you invest in them? What are managed futures? What makes them investable? Sample allocations and performance history. Why don't people own them very often? Other thoughts and suggestions. Further Reading https://mrzepczynski.blogspot.com/2019/08/stealth-ctas-away-from-negative-hedge.html (Stealth CTAs - Away from the negative hedge fund news, systematic and trend are doing well) https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2993026 (A Century of Evidence on Trend-Following Investing) https://www.efficient.com/pdfs/Lintner_Revisited_-_The_Benefits_of_Managed_Futures_25_Years_Later.pdf (The Benefits of Managed Futures 25 Years Later) https://alphaarchitect.com/2018/06/commodities-long-run/ (COMMODITIES FOR THE LONG RUN) https://www.toptradersunplugged.com/w5ltz5p5brf73muz/ (Trend Following in a Time of Crisis) https://youtu.be/9ZrYzAY8t8I (220 - Andrew Beer, Dynamic Beta Investments - Can You Match Or Outperform Leading Hedge Funds) https://youtu.be/ITH0rIdDX0I (THE BASICS OF ALL-WEATHER INVESTING) https://youtu.be/rPtWJP0YA6s (BLNDX[ing] Trend Following and Global Equity with Standpoint’s Eric Crittenden) https://youtu.be/PLARtKZ7h7w (Why Trend Following?) Our Sponsors https://www.veterinariansuccesspodcast.com/guardianvets (GuardianVets) (be sure if you reach out to mention us for 50% off your first month) https://www.veterinariansuccesspodcast.com/vetcheck-pet (VetCheck Pet Urgent Care Center Franchise)
17 minutes | Jun 20, 2022
#139 Radio Show - The Housing Bubble is Bursting
Housing is one of the most discussed topics in conversations lately with clients - here is a take on what the numbers are showing and what you can and should consider prior to purchasing a home at the moment. Resources: https://twitter.com/charliebilello/status/1536741045400215553 (The US Housing Affordability Index) https://www.zerohedge.com/markets/facing-years-fewer-home-sales-compass-redfin-slash-workforce-amid-affordability-crisis ("Facing Years Of Fewer Home Sales" - Compass, Redfin Slash Workforce Amid Affordability Crisis) https://www.nytimes.com/2022/06/15/business/real-estate-brokers-lay-off-agents-amid-clear-signals-of-a-housing-downturn.html?smid=tw-nytimes&smtyp=cur (Real estate companies lay off workers amid ‘clear signals’ of a housing downturn.) https://twitter.com/charliebilello/status/1537452242919477248 (Housing Stats 106% increase in monthly mortgage payment) Our Sponsors https://www.veterinariansuccesspodcast.com/guardianvets (GuardianVets) (be sure if you reach out to mention us for 50% off your first month) https://www.veterinariansuccesspodcast.com/vetcheck-pet (VetCheck Pet Urgent Care Center Franchise)
49 minutes | Jun 12, 2022
#138 Josh Vaisman - The Leadership Guiding Principles for Veterinary Medicine
In this episode, I'm joined by a previous guest Josh Vaisman who is the Co-Founder of Flourish Veterinary Consulting. Josh's experience and empathy for veterinary medicine is incredible and as you with learn he's a joy to listen to. DO NOT forget to sign up for the survey he and the Flourish team have put together https://www.flourish.vet/post/workplacestudy (HERE). The growth and demand for Flourish since we spoke pre-pandemic What's changed? What are most practices asking for? The Positive Leadership Framework. The idea of putting effort into the people you work with and who work for you. The four P's (Psychological Safety, Purpose, Path, and Partnership) Josh's hiring process and outcome for team growth (definitely worth taking some ideas from). https://www.flourishveterinaryconsulting.com/ (Website) https://www.instagram.com/flourishveterinaryconsulting/ (Instagram) https://www.facebook.com/flourishveterinaryconsulting/ (Facebook Page) https://www.linkedin.com/in/josh-vaisman-ccfp-mappcp-pgc-8371877/ (Josh’s LinkedIn) Our Sponsors https://www.veterinariansuccesspodcast.com/guardianvets (GuardianVets) (be sure if you reach out to mention us for 50% off your first month) https://www.veterinariansuccesspodcast.com/vetcheck-pet (VetCheck Pet Urgent Care Center Franchise)
27 minutes | Jun 6, 2022
#137 Radio Show Investing Series: Using Trends to minimizing losses and compound
In this episode, I dive into a style of investing called Trend Following or Momentum. Designed to minimize portfolio drawdowns. Being rules-based, investing removes emotions from decision-making. Investing broadly across asset classes and geography provides investors with more opportunities to see returns. The research supports the approach to lower risk and potentially enhance long-term returns. There are loads of data from research that provides strong out-of-sample evidence that there is consistent, long-term evidence that trends have been pervasive features of global stock, bond, commodity, and currency markets. If you want to learn about something a bit more unconventional, you are in the right place. Below are some of the best pieces I've read on the topic. https://alphaarchitect.com/2019/06/trend-following-the-epitome-of-no-pain-no-gain/#:~:text=One%20of%20the%20recurring%20themes,them%20%E2%80%9Clike%20grim%20death.%E2%80%9D (Trend Following: The Epitome of No Pain, No Gain) http://econompicdata.blogspot.com/2018/01/the-behavioral-and-performance-benefits.html (The Behavioral and Performance Benefits of Trend Following) https://deliverypdf.ssrn.com/delivery.php?ID=475067021089026022014020031023121005125033039077095007109009099022025024089069088027011106020047055036105026065127025073075096098057087032023085002064102009125004093008032002090027007095065102003122082003017113026088108064001066126010109095122084072&EXT=pdf&INDEX=TRUE (A Quantitative Approach to Tactical Asset Allocation) https://deliverypdf.ssrn.com/delivery.php?ID=295096073027112078078086117099112107055064063038093061070012095027072096081002112023041124051002057017044100127071091029098031017010070089022092088081116031085072035047004004109027000001095099025026020084018112118119114021028115119006076028067064096&EXT=pdf&INDEX=TRUE (Learning to Play Offense and Defense: Combining Value and Momentum from the Bottom Up, and the Top Down) https://alphaarchitect.com/2020/04/trend-following-is-everywhere/ (Trend Following is Everywhere) https://www.nber.org/system/files/working_papers/w21700/w21700.pdf (MOMENTUM IN IMPERIAL RUSSIA) Our Sponsors https://www.veterinariansuccesspodcast.com/guardianvets (GuardianVets) (be sure if you reach out to mention us for 50% off your first month) https://www.veterinariansuccesspodcast.com/vetcheck-pet (VetCheck Pet Urgent Care Center Franchise)
23 minutes | May 22, 2022
#136 Radio Show Investing Series: Bonds
In this episode, we continue the education deep dive into investing by talking about bonds. Often called fixed-income - bonds are more complex than stocks and require a more nuanced understanding to understand the risks/returns in investing in them. Most investors today are owning them in a mutual fund or ETF. Hopefully, this episode provides you with a lot more knowledge than you had prior. I answer: What is a bond or fixed-income. Bond structures and terms. Types of bonds. Risks of bonds. Bond knowledge and what to look out for. Bond Educational Blog Posts referenced https://bitcoinmagazine.com/markets/understanding-bonds-and-bitcoin-insurance (INTRODUCTIONS, BASICS AND BOND MATH) https://bitcoinmagazine.com/markets/bitcoin-insurance-for-bond-risks-contagion (BOND RISKS AND CONTAGION) https://bitcoinmagazine.com/markets/exploring-bitcoin-valuation-models (BITCOIN PORTFOLIO INSURANCE: BTC VALUATION MODELS) Our Sponsors https://www.veterinariansuccesspodcast.com/guardianvets (GuardianVets) (be sure if you reach out to mention us for 50% off your first month) https://www.veterinariansuccesspodcast.com/vetcheck-pet (VetCheck Pet Urgent Care Center Franchise)
20 minutes | May 17, 2022
#135 Radio Show - bitcoin not Crypto
In this episode, I highlight why it's bitcoin and not crypto that you want to focus on. The recent price action and news have made it top of mind to highlight some important items and lessons to learn from others. At the time of recording Bitcoin's price was $29,990. Links Mentioned https://www.veterinariansuccesspodcast.com/episode/84-radio-show-bitcoin-why-it-matters-for-everyone-in-veterinary-medicine- (Episode #84 - Bitcoin for ALL) https://www.fidelitydigitalassets.com/bin-public/060_www_fidelity_com/documents/FDAS/bitcoin-first.pdf (Bitcoin First ) https://twitter.com/PrestonPysh/status/1526259839407726592 (LUNA Tweet Thread) https://www.uncerto.com/only-the-strong-survive (Only the Strong Survive) https://www.suresats.com/post/ethereum-s-centralization-dilemma-through-lido-staking (Ethereum's Centralization Dilemma Through Lido Staking) https://www.wisdomtree.com/index/rtree (RWM WisdomTree Crypto Index) https://bitwiseinvestments.com/crypto-funds/bitw (Bitwise 10 Crypto Index) Our Sponsors https://www.veterinariansuccesspodcast.com/guardianvets (GuardianVets) (be sure if you reach out to mention us for 50% off your first month) https://www.veterinariansuccesspodcast.com/vetcheck-pet (VetCheck Pet Urgent Care Center Franchise)
28 minutes | May 8, 2022
#134 Pawsibilites - Increasing the Veterinary Network
In this episode, Dr. Valerie Marcano and Dr. Seth Andrews of Pawsibilites Vet Med. Dr. Marcano is a University of Georgia College of Veterinary Medicine graduate. Currently, Valerie is a poultry veterinarian in North and South Carolina. She is also the chair of the first-ever Diversity and Inclusion Committee of the American Association of Avian Pathologists (AAAP). Dr. Andrews earned his Ph.D. in Biological Engineering from the University of Georgia. He also served as the president of the University of Georgia’s Engineering Graduate Club. The mission of Pawsibilites Vet Med. How the network is more expansive than focusing only on DVMs. How they are building a pipeline of diverse talent finding veterinary medicine at a younger age. DEI conversations - what's worked and what has not. Where the future is and what's in store for the mission. What they are most excited about today. www.pawsibilitiesvetmed.com https://www.facebook.com/PawsVetMed/ (Facebook Page) https://www.instagram.com/pawsvetmed/ (Instagram) https://www.linkedin.com/company/pawsvetmed/ (LinkedIn) Our Sponsors https://www.veterinariansuccesspodcast.com/guardianvets (GuardianVets) (be sure if you reach out to mention us for 50% off your first month) https://www.veterinariansuccesspodcast.com/vetcheck-pet (VetCheck Pet Urgent Care Center Franchise)
25 minutes | May 1, 2022
#133 Radio Show Investing Series: Retirement Accounts 101
I've heard and felt a need from an investing standpoint to provide content to build up the knowledge veterinarians have - so I'll be doing more of these (as long as you listen and like them) to do what I can to educate. So what are retirement accounts? What can I do? What's best? What is a Traditional or Roth account? Best place to save? If you've ever asked these questions this episode is here to help you think through what's best and provide a framework to learn from. Our Sponsors https://www.veterinariansuccesspodcast.com/guardianvets (GuardianVets) (be sure if you reach out to mention us for 50% off your first month) https://www.veterinariansuccesspodcast.com/vetcheck-pet (VetCheck Pet Urgent Care Center Franchise)
49 minutes | Apr 24, 2022
#132 Justin Weaver - Preparation for a Practice Sale: A Discussion
In this episode, I'm rejoined by veterinary attorney Justin Weaver of Oberman Law Firm. Justin has an extremely high concentration of veterinary clients and is a well of knowledge on all things legal and veterinary medicine (except for litigation as he lets you know). In this broad conversation, we build on our episode #41 to help a current owner think through a practice sale. An update on the market for veterinary practice demand - seeing a little slowdown. The backdrop on the ingredients for a sale environment. Scheduling and timing of a sale. Non-competes and a sale. The challenges of actually proceeding with a life-changing transaction. Private vs. Corporate and what the future may hold. What's the actual valuation of the stock/equity doctors often get. Gotchas to be aware of https://obermanlaw.com/ (Oberman Law Firm) https://www.linkedin.com/in/justin-weaver-9b224513/ (Justin's LinkedIn ) Our Sponsors https://www.veterinariansuccesspodcast.com/guardianvets (GuardianVets) (be sure if you reach out to mention us for 50% off your first month) https://www.veterinariansuccesspodcast.com/vetcheck-pet (VetCheck Pet Urgent Care Center Franchise)
14 minutes | Apr 18, 2022
#131 Radio Show Investing Series: What are stocks?
I've heard and felt a need from an investing standpoint to provide content to build up the knowledge veterinarians have - so I'll be doing more of these (as long as you listen and like them) to do what I can to educate. So what are stocks? I tackle the basics, and we will grow from here and step into becoming a little more technical as we go - but wanting to get the building blocks correct first and foremost. Our Sponsors https://www.veterinariansuccesspodcast.com/guardianvets (GuardianVets) (be sure if you reach out to mention us for 50% off your first month) https://www.veterinariansuccesspodcast.com/vetcheck-pet (VetCheck Pet Urgent Care Center Franchise)
50 minutes | Apr 10, 2022
#130 Michael Graham II, DVM - Building Confidence in Veterinary Medicine
In this episode, I'm joined by Dr. Michael Graham II. Dr. Graham, II is the owner of Premier Veterinary Consultants, LLC and a practicing veterinarian. He received his DVM from LSU and his MBA from Loyola University New Orleans. He brings a unique combination of medical operations with business education. His goal is to create a positive, meaningful impact in veterinary medicine. His clinical and personal journey to today. The impact of mentors early in a career and how that shapes your future. The client experience and how that can lead to personal growth as a DVM. His view on private vs. corporate. Young veterinarians and complex cases vs. wellness-only. https://www.linkedin.com/in/michael-graham-ii/ (Dr. Graham's LinkedIn ) Our Sponsors https://www.veterinariansuccesspodcast.com/guardianvets (GuardianVets) (be sure if you reach out to mention us for 50% off your first month) https://www.veterinariansuccesspodcast.com/vetcheck-pet (VetCheck Pet Urgent Care Center Franchise)
48 minutes | Apr 3, 2022
#129 Jason Coppens - Every Veterinarian Undercharges for Their Services
In this episode, I am joined by Jason Coppens of Coppens Business Strategies. Jason is a return guest and first, come on the show for episode #17 back in 2019. Jason’s episode is one that has been highly listened to and someone I’ve learned a ton from. So I wanted to bring Jason back and talk through a couple of areas we didn’t get to last time. We still don't get through everything I had planned, but this one is again full of actionable data. Updates and changes he's seen since we chatted in 2019, what hasn't changed. Pricing Strategy - when/how to raise prices and a format to evaluate it all. Scheduling and room flow with patients for efficiencies. The opportunity in Urgent Care. How to recruit and attract talent with an example of an ad - seriously this is worth the listen and might save you thousands! There are nuggets of wisdom shared throughout - grab a notepad and don't listen on 2x speed. https://www.cb-strategies.com/ (Coppens Business Strategies ) Our Sponsors https://www.veterinariansuccesspodcast.com/guardianvets (GuardianVets) (be sure if you reach out to mention us for 50% off your first month) https://www.veterinariansuccesspodcast.com/vetcheck-pet (VetCheck Pet Urgent Care Center Franchise)
44 minutes | Mar 27, 2022
#128 Woody Mawhinney - Pet Insurance: Allowing Clients to say "Yes" to the best care
In this episode, Christopher "Woody" Mawhinney the CEO and co-founder of Pawlicy joins the show. Pawlicy Advisor is a pet health platform, insurance marketplace, and employer benefits, provider. They make pet care accessible by guiding pet owners and employees to the best coverage and up to 75% savings. Who doesn’t love that! They are in all 50 states and DC. Woody this has been a long time coming – so excited to have you join me. What is Pawlicy and how they are similar to the Expedia of Pet Insurance. How to educate veterinarians on insurance and how to teach/educate their pet parents. The idea of the cost of insurance over the life span of the pet - and how the platform drives better long-term decisions. The growth and demand of consumers for pet insurance and traffic to Pawlicy's site. Integrations and how Pawlicy sits next to veterinarians to support them. The recent partnership with CareCredit. Answering listener questions. Reputation and building for sustainability - the growth opportunity in comparison to the UK in insurance adoption. https://www.linkedin.com/in/woodymawhinney/ (Woody's LinkedIn) https://www.pawlicy.com/ (Pawlicy Website) Our Sponsors https://www.veterinariansuccesspodcast.com/guardianvets (GuardianVets) (be sure if you reach out to mention us for 50% off your first month) https://www.veterinariansuccesspodcast.com/vetcheck-pet (VetCheck Pet Urgent Care Center Franchise)
64 minutes | Mar 20, 2022
#127 Dr. Mike Walker - Leveraging Authenticity & Relationships in a De Novo Start-Up
In this episode I’m joined by Dr. Michael Walker – who is a small animal veterinarian practice owner of a clinic called Apollo Veterinary in Wimberley, TX. Mike is a graduate of Texas A&M University and worked as an associate doctor with a failed succession plan that lead to him striking out on his own to start a de novo clinic. Mike launched Apollo last fall and I wanted to bring him on to get into the weeds a bit on what life has been like over the past 12 – 18 months as his vision was brought to life. Mike thanks for joining me. A review of his professional journey in veterinary medicine to how he got to today. The business plan/vision for Apollo Veterinary. The origin of the name. How he financed and was able to fund the project (he shares a lot on this aspect). What aspects of a de novo were most challenging? Let’s talk technology and processes – what have you learned as you went through the journey of selecting vendors and tools. His marketing style and outreach to the community and its impact. https://www.instagram.com/p/CVdsgyUguH3/ (HERE) is the Instagram video we reference. What has worked and what hasn't and how he knows he should share content. His advice to young aspiring practice and clinic owners - also what veterinary medicine can be for all veterinarians out there. If you had the ability to share 2-3 things that you wish you knew from the beginning with anyone listening, what would it be? What’s the future hold for Apollo and what are you working on that’s exciting? https://l.instagram.com/?u=http%3A%2F%2Fapollovetwimberley.com%2F&e=ATP6lN4Zd9VurMTK-4aNTAlW_yh4TFqZ0VM-uszKINPkKJGA6-6QBnlBZJiGOmGA3NTj3da8hIFzlTQ_0tUTPJE&s=1 (Apollo Veterinary Website) https://www.instagram.com/apolloveterinary/ (Apollo Veterinary Instagram) Our Sponsors https://www.veterinariansuccesspodcast.com/guardianvets (GuardianVets) (be sure if you reach out to mention us for 50% off your first month) https://www.veterinariansuccesspodcast.com/vetcheck-pet (VetCheck Pet Urgent Care Center Franchise)
33 minutes | Mar 14, 2022
#126 Radio Show - Upgrade how you collect payments to save $30,000 or more
Credit card fees will be increasing in 2022, and you, the merchant, will be eating those costs. In this show, I walk through and explore how leveraging the bitcoin network can drastically save your practice money, and the implementation is not as intimidating as one might think. Opt-out and learn how to save $30,000 or more by leveraging the bitcoin lighting network for payments. https://www.wsj.com/articles/visa-mastercard-prepare-to-raise-credit-card-fees-11646743166?st=bwf88d4rpbd0w5n&reflink=mobilewebshare_twitter (Visa, Mastercard Prepare to Raise Credit-Card Fees) https://bitcoinmagazine.com/technical/gentle-introduction-to-lightning-network (A GENTLE INTRODUCTION TO THE LIGHTNING NETWORK) https://www.opennode.com/ (OpenNode) https://voltage.cloud/ (Voltage Cloud) https://twitter.com/SwitchyardBeer/status/1501605359902994435/photo/1 (SwitchYard Brewing Announcement – Twitter (could use the same thing for Instagram + Facebook)) https://invite.strike.me/I0IASX (Strike (use promo code IOIASX for $10) ) https://www.oshi.tech/ (Oshi App) https://blog.voltage.cloud/how-to-accept-bitcoin-and-lightning-network-payments/ (How to Accept Bitcoin as a Small Business) https://blog.voltage.cloud/how-to-accept-bitcoin-and-lightning-network-payments/ (How to Accept Bitcoin and Lightning Network Payments) Our Sponsors https://www.veterinariansuccesspodcast.com/guardianvets (GuardianVets) (be sure if you reach out to mention us for 50% off your first month) https://www.veterinariansuccesspodcast.com/vetcheck-pet (VetCheck Pet Urgent Care Center Franchise)
28 minutes | Mar 7, 2022
#125 Radio Show - Shockwaves: The Impacts of Russia & Ukraine on YOU
In this episode, Isaiah shares insights and research from his learnings the past week plus into the impacts of the Russia and Ukraine situation. Why does it matter and what are actionable steps to take from here. Links mentioned/Sourced https://www.theinvestorspodcast.com/bitcoin-fundamentals/russia-ukraine-war-global-macro-impacts-luke-gromen/ (BTC067: RUSSIA UKRAINE WAR & GLOBAL MACRO IMPACTS W/ LUKE GROMEN) https://www.rcmalternatives.com/2022/03/a-macro-take-on-russias-gambit-oil-gold-bitcoin-and-more-with-luke-gromen/ (A MACRO TAKE ON RUSSIA’S GAMBIT, OIL, GOLD, BITCOIN AND MORE WITH LUKE GROMEN) https://youtu.be/Bq75Av59-YU (Energy, Food, and War in Eastern Europe) https://beefinitiative.com/ (The Beef Initiative ) http://www.eatwild.com/index.html (Eat Wild ) https://www.swanbitcoin.com/isaiahD/ (Swan Bitcoin) https://www.swanbitcoin.com/bitcoin-wallets-not-your-keys-not-your-bitcoin/ (Bitcoin Wallets: How, Why and When to Hold Your Own Private Keys) Our Sponsors https://www.veterinariansuccesspodcast.com/guardianvets (GuardianVets) (be sure if you reach out to mention us for 50% off your first month) https://www.veterinariansuccesspodcast.com/vetcheck-pet (VetCheck Pet Urgent Care Center Franchise)
46 minutes | Feb 27, 2022
#124 Christina "Tina" Tran, DVM - Being Okay with I Don't Know
In this episode, Dr. Christina “Tina” Tran is an Associate professor of practice, Clinical relations lead veterinarian at the University of Arizona. She got her DVM at the University of Illinois. She has worked as the program director for Purdue’s Veterinary Technician school. And today at Arizona has worked and built out the clinical year rotations in a new hybrid and distributed program that is unique to veterinary education. She is also a past president of the Multicultural Veterinary Medical Association (MCVMA) and a founding member. Last but not least, she sits on the Arizona examination board’s investigation committee. Discussing the idea of "mommy guilt" as a mother and successful veterinarian. Her journey and how it changed and evolved from "the plan" early on. What she's learned about leadership and teams from leading within academia. The idea of the multiplier effect in her career by building relationships. Arizona's new take on education for veterinary students. How veterinary medicine can reinvent itself. We discuss how the investigation committee works and the process, why most veterinarians should have nothing to worry about. What's stood out most in her professional life. https://www.linkedin.com/in/christina-villarete-tran-3220896/ (Dr. Tran's LinkedIn ) Our Sponsors https://www.veterinariansuccesspodcast.com/guardianvets (GuardianVets) (be sure if you reach out to mention us for 50% off your first month) https://www.veterinariansuccesspodcast.com/vetcheck-pet (VetCheck Pet Urgent Care Center Franchise)
44 minutes | Feb 20, 2022
#123 Cindy Barnes, DVM - PIMs software that does not SUCK
In this episode, I'm joined by Dr. Cindy Barnes who is a veterinarian and founder of Shepherd Veterinary Software - she's bought, ran. and sold a GP clinic and ER hospital. She attended Colorado State University for her veterinary education after being a technician earlier in her career. We discuss Shepherd's offering and story - her vision for high functioning teams and more! The origin story of Shepherd and how she released the initial technology with her team. We dig into listener-submitted questions on PIMs and especially on Shepherd and how the offering is different than others in the marketplace. How better does technology capture revenue you already should be collecting. How the culture and team she built has lasted and moved from clinical to Shepherd. How to construct a high-functioning team. Listeners should reach out to her if attending WVC for VIP access to Shepherd's party. https://www.linkedin.com/in/cindy-barnes-dvm-cvsmt-20b555103/ (Cindy's LinkedIn) https://shepherd.vet/ (Shepherd Veterinary Software) Our Sponsors https://www.veterinariansuccesspodcast.com/guardianvets (GuardianVets) (be sure if you reach out to mention us for 50% off your first month) https://www.veterinariansuccesspodcast.com/vetcheck-pet (VetCheck Pet Urgent Care Center Franchise)
42 minutes | Feb 13, 2022
#122 Carson Taylor - Are you leaving $$$$ on the table when exiting your practice?
In this episode, I'm joined by Carson Taylor of VetValue a digital veterinary practice valuation service. VetValue's focus is improving accuracy, efficiency, and providing actionable intelligence with valuations. We also dive more into the brokerage offering with DVM Evolution. We discuss the following: The difference between brokerage only and advisory services. The amount of money left by many practice owners. What do deals and valuations look like in the market today? Who is a good candidate for an exit? Deal Structures and opportunities for negotiation and flexibility. What is a letter of intent (LOI)? What is a joint venture (JV) and how does that impact your sale terms? Why having 3-4 years left to work is essential when planning an exit. The issue with self-dealing in brokerage offerings. https://www.linkedin.com/company/carson%27s (Carson’s LinkedIn) https://www.vetvalue.pet/ (Vetvalue.pet) https://www.linkedin.com/company/vet-value/ (VetValue LinkedIn) https://www.facebook.com/VetValue-109018173933331/ (VetValue Facebook) Our Sponsors https://www.veterinariansuccesspodcast.com/guardianvets (GuardianVets) (be sure if you reach out to mention us for 50% off your first month) https://www.veterinariansuccesspodcast.com/vetcheck-pet (VetCheck Pet Urgent Care Center Franchise)
42 minutes | Feb 6, 2022
#121 Josh Bennett, CFP®, EA - The Tax Answers for YOUR questions
In this episode, I’m joined by a guest that I likely know better than any other – my partner at Vincere Wealth Josh Bennett. Josh founded Vincere back in 2018 and started Vincere Tax a separate but affiliated tax business in 2020. Josh and I met way back pre-pandemic in 2020 and this one has been on the list to get done as we are on the brink of tax season 2022 it made sense to record. We took questions from the Facebook group and elsewhere and tried to answer as many as we could. Reminder: Listeners receive a 35% discount using the code "Vet Success" if you use Vincere Tax. Visit www.vinceretax.com. Do I need to keep a separate bank account for my personal and 1099 work? Tips and suggestions for tracking expenses and doing bookkeeping. Also some great ideas for tracking mileage. Write-offs and what often gets missed. Home deductions, vehicles, personal health, and wellness. Retirement options for those in 1099 roles. How to handle payment from a "side hustle" if you have an LLC. Why there is no tax benefit from an LLC. What is a K-1? Tax implications for 1099 works in regards to social security and Medicaid taxes? Our Sponsors https://www.veterinariansuccesspodcast.com/guardianvets (GuardianVets) (be sure if you reach out to mention us for 50% off your first month) https://www.veterinariansuccesspodcast.com/vetcheck-pet (VetCheck Pet Urgent Care Center Franchise)
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