Listen to the Audio Version
Download a free copy of “How to Become a Financial Beast” by Eric Miller at www.financialbeastbook.com.
Most healthcare practice owners spend decades building wealth—but very few prepare their children to manage it. In this episode of the Financial Beast Podcast, Eric Miller sits down with Nathan Shields—father of seven, former physical therapy practice owner, and founder of the Private Practice Owners Club—to tackle two critical topics for healthcare entrepreneurs.
📌 PART 1:
Teaching Kids About Money
Nathan shares how he and his wife built “moneywise” into their family values, the real conversations they have with kids ages 13–27, and why letting children make small money mistakes early prevents big ones later. If you’ve ever wondered how to raise financially responsible kids while running a demanding practice, this conversation is for you.
📌 PART 2:
Practice Metrics That Actually Matter Nathan unveils Pulseboard, his new KPI dashboard for physical therapy practice owners. Learn which metrics drive profitability (and which are vanity), why over-the-counter collections are the fastest cash-flow fix, and the employee compensation ratio that separates thriving practices from struggling ones. Plus: details on the PO Club Conference 2026 in San Antonio.
⏱️ TIMESTAMPS:
0:00 – The money conversation most healthcare parents avoid
2:15 – Nathan Shields intro & why he’s qualified to talk family + finances
5:00 – The Shields family “moneywise” value
8:30 – Teaching kids to produce: when & how
13:15 – Letting kids make money mistakes
17:45 – Living trusts & estate planning for practice owners
22:00 – Why Nathan’s six sons chose trades over college
27:30 – Introducing Pulseboard: the KPI dashboard for PT owners
32:00 – The metrics that actually drive practice profit
38:00 – PO Club Conference 2026 details
🔔 Subscribe for more expert-led financial strategies for practice owners.
Want to schedule a free consultation?
Visit www.econologics.com or call us at (727) 588-1540 or schedule directly at: https://econologicsfinancialadvisors.com/complimentary-consultation/
Get Social With Us
Website: https://www.econologicsfinancialadvisors.com
LinkedIn: https://www.linkedin.com/company/econologics
Facebook: https://www.facebook.com/econologicsfinancial
Instagram: https://www.instagram.com/econologicsfinancialadvisors
X / Twitter: https://x.com/FinancialBeasts
Vimeo: https://vimeo.com/econologics