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How the Wealthy Think About Money
Manage episode 419933726 series 2499378
Building a successful orthodontic practice takes dedication, expertise, and yes, financial savvy. But at the end of the day, we are all looking for true financial freedom.
The key to wealth creation is understanding the time value of money. The sooner you invest, the more time your money has to grow.
Even small amounts invested early on can snowball into significant wealth over time.
The OSO model gives you access to significant earning potential upfront that you wouldn't have as a solo practitioner.
Think about it – wouldn't a lump sum upfront, strategically invested, potentially lead to far greater financial rewards over time?
Tune in to this 5-minute episode to learn more!
Key Takeaways
Intro (00:00)
Differences in how the poor, middle class, and wealthy view money (00:47)
The importance of the time value of money (01:28)
Benefits of upfront payments in wealth accumulation (02:09)
Investing wisely and living modestly to grow wealth (03:29)
Additional Resources
- Register for the OrthoPreneurs Summit at Sea (2024): https://opsummitatsea.com/
- For more information, visit: https://orthopreneurs.com/
- Join our FREE Facebook group here: https://www.facebook.com/groups/OrthoPreneurs
386 tập
Manage episode 419933726 series 2499378
Building a successful orthodontic practice takes dedication, expertise, and yes, financial savvy. But at the end of the day, we are all looking for true financial freedom.
The key to wealth creation is understanding the time value of money. The sooner you invest, the more time your money has to grow.
Even small amounts invested early on can snowball into significant wealth over time.
The OSO model gives you access to significant earning potential upfront that you wouldn't have as a solo practitioner.
Think about it – wouldn't a lump sum upfront, strategically invested, potentially lead to far greater financial rewards over time?
Tune in to this 5-minute episode to learn more!
Key Takeaways
Intro (00:00)
Differences in how the poor, middle class, and wealthy view money (00:47)
The importance of the time value of money (01:28)
Benefits of upfront payments in wealth accumulation (02:09)
Investing wisely and living modestly to grow wealth (03:29)
Additional Resources
- Register for the OrthoPreneurs Summit at Sea (2024): https://opsummitatsea.com/
- For more information, visit: https://orthopreneurs.com/
- Join our FREE Facebook group here: https://www.facebook.com/groups/OrthoPreneurs
386 tập
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