Podcast Episode #352: Barbara Stackhouse – Eliminate Stress and Increase Time with a Profit First System for Freedom
Episode #352: Dentist Freedom Blueprint Podcast
Barbara Stackhouse – Eliminate Stress and Increase Time with a Profit First System for Freedom
Today, my good friend Barbara Stackhouse joins me on the show to talk about the Profit First system and how you can use it to stay on track, get ahead, and be less stressed. Barb is someone who has been in the industry a long time and has been helping dentists boost their revenue and profits. In this episode, she explains how she does this and what you can do to get started doing the same through a combination of wellness, accounting processes, and knowledge.
Through Barb’s story and insight, you will see her passion for helping others in their journey to freedom, profit, and impact. Listen in as she discusses how health is also an important component of finances (and everything we do in life) and shares why she became a board-certified natural health practitioner. You’ll gain a solid understanding of the Profit First system and how you can implement it into your own dental practice.
Minute Markers:
2:04 – Introducing Barb and understanding her incredible background.
4:10 – Why profit and finance are an area of struggle for so many.
7:11 – How to make the Profit First system work in your business.
8:55 – Why tax planning is so important.
12:11 – What you can do to go back and reverse-engineer your numbers and what gets forgotten.
16:33 – How to ensure that there’s always enough.
19:36 – How you can start making better decisions with your business and finances.
23:11 – The deal with debt and different ways to look at it.
26:09 – Whether or not to keep your accountant.
Featured on the Show:
Barbara Stackhouse: Website | LinkedIn
David Phelps: Website
Profit First For Dentists by Barbara Stackhouse
Profit First by Michael Michalowicz
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.