Time Investment for Freedom Founders

by Dr David Phelps

by Dr David Phelps

A

 question I get quite often from people who are inquiring about Freedom Founders is, 

 “David, how much time is this going to take me?”

Obviously it’s because they have limited time. Well – we all have limited time. We apply our resources (particularly time) to where our priorities are, and for everybody it's going to be different. At different stages of life, family, and career, we are going to allocate our time resources depending on where our goals are.

So when people come to Freedom Founders, I usually tell them, you need to have a practice that's running pretty efficiently. It's not perfect (it's never perfect) but it's not in a place where you need to put a lot more investment into it, and you’re not trying to expand it or grow multiple practices. You've got a good practice, have a good run rate, and have some discretionary capital coming out of it that you want to look at putting into alternative investments, which is what we do in Freedom Founders.

So if that's the case for you – then yes, it does take some time. However, the Freedom Founders community creates speed to goal. All the heavy lifting has already been done for you. I have created the knowledge base, the frameworks to teach, and the network connections to bring to our members. In fact, I have spent the last 40 years of my life connecting with people in the finance and real estate industry. 

So when people come to our community, it's speed to goal, but for our Elite members you don't come in and have me or somebody else just pick real estate deals from our community for you. You want to learn what you're doing, because the whole goal here is to make you an investor who is able to take some charge in your life instead of abdicating it like most people do – because, well, they just don't have time.

Here, just give it to a financial advisor,” or, “Put it in a 401(k)”… it’s all totally passive—so passive that you have no control at all.

In Freedom Founders, we show you how to understand alternative investments, how to connect with the right people, how to do your own basic due diligence, and to understand what the goals are – income, growth, or a hybrid thereof.

It's a process. We condense time and make it easy, but you still have to put some time into it. So it depends on where you are, what your goals are, how much time you have to allocate – and really what it comes down to is what's important to you. It's not for me to decide.

Now, we can give you guidelines on how much time to put into it (perhaps a few hours per week), but the members that come into Freedom Founders find a run rate and a change in their life, a change in their financial acumen, a change in their financial freedom number multiple times over, in just the first year to year and a half with Freedom Founders. 

It's that big of a change, but you've got to see if you fit that model.
To your freedom!

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 My Team:

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 schedule a call with my team. If it looks like there is a mutual fit, you’ll have the opportunity to attend one of our upcoming member events as a guest. 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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