EP 19: How Practice Owners can create Financial Freedom – With Jackson Millan
In this episode of Practice Growth HQ we’re talking about all things money; Money mindset, money stories, and how our beliefs and communication around money can work against us or in our favour.
You’ll meet Jackson Millan, a highly successful Wealth Coach who helps service based businesses maximise profits, increase their free time and turn practice profits into personal wealth.
In this episode, you’ll learn the key metrics you should be paying attention to inside your business, why your self-limiting beliefs around money are keeping you stuck, and the number one money mistake most practice owners make.
If you’d like to know how to start creating financial freedom for yourself, this episode is for you!
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What you’ll learn:
- (07:54) The Million Dollar Money Mindset: What can Mike Tyson teach us about financial freedom?
- (09:42) Learn how we create our self-limiting money beliefs (and how we can break them)
- (13:40) Vanity metrics: What they are and why you need to shift your focus if you want to achieve financial freedom
- (18:02) Discover the top reasons why money creates so much anxiety and kills relationships faster than anything
- (21:37) The #1 money mistake practice owners make (and how to fix it fast)
- (23:04) The profit percentage number every business owner should be trying to hit
- (25:54) Accountant Versus Cash – Which one should you be listening to?
- (27:00) How to build yourself a sellable asset rather than buying yourself another job
- Plus loads more!
Links and Resources:
The Wealth Pyramid Quiz: https://www.wealth-mentor.com.au/the-wealth-pyramid-quiz/