What’s Your View?
I read an anonymous quote the other day that said, “After climbing the mountain, you can finally enjoy the view.” Then I started to think about how building and running a practice is a lot like climbing a mountain: sometimes it’s an easy hike up a gentle slope and sometimes it’s a treacherous climb up […]
I Have a Secret to Tell You
I have a secret to tell you about making more money. First, I want to tell you why we are having this discussion. I did a Google search on ways to make more money and was surprised to find that most of the answers had nothing to do with production or work. The suggestions ranged […]
A Story About Gravity
If you live on planet earth you know about the natural law of gravity. You understand the necessity of it. If you’re like me you’ve probably tested it. I remember the day I jumped off the top of my slide with an umbrella, convinced I could fly like Mary Poppins. I quickly learned that not […]
How to be Smarter than a Physicist
Albert Einstein is quoted as saying, “The hardest thing in the world to understand is the income tax.” And this guy is a world-renowned physicist! I am thinking he probably hired a good accountant to help him navigate through the process of preparing and filing his taxes since he was a little busy with his […]
A Lesson From a Rock Star
Just Press Play I listened to a lot of hair bands growing up in the ‘70s and one thing was for sure – most of them could have cared less about their reputation. I remember reading about wild parties, trashed hotel rooms and out of control concerts. This was the PR (public relations) of a […]
Let’s Watch the Grass Grow!
Recently I read this quote from American economist Paul Samuelson: “Investing should be more like watching paint dry or watching grass grow. If you want excitement, take $800 and go to Las Vegas.” For those of you who have been to Las Vegas, you know what he’s talking about. Being in the casinos is an […]
Pass the Wine, Please…
I recently took a trip to France and had the opportunity to tour some wineries. Fascinating business, making wine. Did you know winemakers use satellites to monitor their vineyards? Some of them even have their land divided into grids so that they can monitor the soil and plants in each grid. Then there is the […]
Show Me The Money!
I think everyone knows that famous scene from the movie Jerry Maguire. It is a great example of the sheer desperation people can experience when it comes to the subject of making income. Have you ever felt like that? You are an expert in your field, have the latest equipment and the best staff, your […]
How to Turn 49 Cents into $2.86 Million
Remember the McDonald’s hot coffee fiasco? A lady bought a cup of coffee, spilled it on her lap and sued. McDonalds was found liable and damages were assessed in the millions. It doesn’t take much to consider that McDonalds has “deep pockets.” Have you considered that Private Practice owners are perceived to have “deep pockets” […]
An IRS Agent Walks Into a Bar…
We all know jokes about the IRS and getting taxed seemingly to death. But I doubt any of us laugh when we pay those tax bills. Is writing that check painful? Did you have to go to old hiding places to get the money or were you prepared? The reality is we all have to […]