The Art of Collaboration

by Dr David Phelps

by Dr David Phelps

A

false premise many of us learned growing up, and carry with us our whole life,

  is that to have more we have to do more.

But really, to have more we have to become more. And to do that, we must learn how to become better collaborators.

When we were growing up, it was all on us to do the work, make the grades, graduate, get the license. But real life is all about mutually beneficial collaboration. When you have synergy with others, the sum of the whole becomes far greater than the one person by far.

It takes some effort to do this – you have to determine your strengths and skillsets, and then find the right people to help you optimize those strengths as you help them optimize theirs. This fills in our weaknesses. I know we’re taught growing up that we have to do everything ourselves, but that has a very limited ceiling – I learned the hard way that you can only get so far by doing that. I was always that rugged individualist who didn’t even like playing team sports because I wanted to control everything. 

Finding the right people, doing due diligence, aligning expectations, and setting up structures are the keys which most of us never learned how to use. So if the first time we enter a joint venture with somebody, and we don’t use those keys and it doesn’t work out…we quit and never try again?

Wrong. We just need to learn to do it better. 

This is a journey we’re all on together. I have not figured everything out – in fact, I’m always learning, always evolving, and always putting myself in a place where I'm being challenged by other people. I don't want to ever be the smartest one in the room. I want to be humble and bring whatever strengths I can to the group.

This is why I love really good, well-facilitated mastermind groups like what we have in Freedom Founders. (And I practice what I preach – I’m a member of multiple masterminds!) If you’re out there searching, looking for a way to be a better person and make a bigger impact, you might want to check us out.

I promise you will find a caliber of people unlike any you’ve seen before.

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. Schedule a Call with Me:

If you’d like to replace your active practice income with passive investment income within 2-3 years, and you have at least $1M in available capital (can include residential/practice equity or practice sale), then click the link to jump on a quick call with my team. If it looks like there is a mutual fit, you’ll have the opportunity to schedule a call with me directly. www.freedomfounders.com/schedule

2. 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.

3. Ready to Step Away?

“How Much is Enough?” This simple question keeps hard-working professionals at the hamster wheel of active income far longer than they need to be. Watch this free training, and discover a proven model for determining how much you really need before hanging up the handpiece! www.freedomfounders.com/training

4. Apply To Visit The Mastermind:

If you’d like to join dozens of dentists, docs, and practice professionals on the fast track to Freedom (3-5 years or less), visit www.freedomfounders.com/step-1 to apply for a guest seat.

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