Podcast Episode #345: David & Kandace Phelps – Risk is Necessary to Find Freedom (Part 2)
Episode #345: Dentist Freedom Blueprint Podcast
David & Kandace Phelps – Risk is Necessary to Find Freedom (Part 2)
Welcome back to the second half of the series taken from one of our Freedom Founders member events. If you missed the first half, head back to episode #344 to hear the beginning of the talk I did on risk with my wife Kandace. In part two, we jump right back into Kandace sharing wisdom on how each of us has key differences and perspectives on time and how we can use that to work for us rather than against us.
Risk is a very important topic to address, especially for dentists, as we are taught to avoid risk and seek perfection in many areas throughout school and life. Listen in to learn the principles of life when it comes to discomfort and uncertainty and why we need others to come alongside us as we take risks and work on ourselves. Kandace and I also discuss what it means to have enough, why we need to be contrarian, and the value of relevance.
Minute Markers:
2:20 – Our key differences and how they can work together to help us succeed.
4:13 – Why discomfort is good and why you need it in order to make changes.
6:31 – Defining what “free for life” means—and what’s next after that.
8:37 – The problem with taking on the identity of what you do.
12:22 – A letter from Freedom Founders members.
15:50 – The problem with not knowing what is enough and why you need masterminds.
19:27 – Why you need to find the freedom to open up brain-space for something new.
21:28 – The value of relevancy.
Featured on the Show:
David Phelps: Website
What’s Your Next? by David Phelps
P.S. Whenever you’re ready, here are some other ways I can help fast track you to your Freedom goal (you’re closer than you think) :
1. Get Your Free Retirement Scorecard:
Benchmark your retirement and wealth-building against hundreds of other practice professionals, and get personalized feedback on your biggest opportunities and leverage points. Go to www.FreedomFounders.com/Scorecard to take the 3 minute assessment and get your scorecard.
2. Attend A Workshop:
If you’re committed to Freedom, but still building a practice, paying down school debt, or growing investment capital, our hands-on Freedom Blueprint Workshops are your entrance ramp onto the fast track! Visit www.freedomfounders.com/workshop to claim your seat!
3. Apply To Visit The Mastermind:
If you’d like to join dozens of dentists, docs, and practice professionals on the fast track to Freedom (5-7 years max), visit www.freedomfounders.com/step-1 to apply for a seat.
4. Want to Work Directly with Me?
If you’d like to work directly with me and a small group of my closest investment colleagues, with direct access to the dealmakers and asset classes that I invest in, just send a message to my Executive Assistant (Lindsey@FreedomFounders.com), and put “Fast Access” in the subject line. Or, call (972) 203-6960 Ext 144 and leave a brief voicemail for Lindsey. Let her know you’re interested in the Fast Access program – we’ll set up a time with you to talk, find out about your goals, and see if there is a fit.