Freedom Founders

Your Biggest Risk

by Dr David Phelps

by Dr David Phelps

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A

question I’m asked sometimes is: What’s the greatest risk of joining a group like Freedom Founders?

 My response is quite plain: The greatest risk is doing nothing

I am a conservative person by nature, but I also know that living life by simply playing it safe all the time isn’t smart. Procrastinating, taking no risk, falling prey to paralysis by analysis (like dentists are prone to do) is a recipe for failure. 

I’m not saying to go crazy – we shouldn’t be trying new things without any safety net at all. But if we never push or stretch ourselves, and make ourselves uncomfortable by challenging our systems and beliefs – then how can we transform our lives from where we are to where we actually want to be?

Everything you’ve done in your life, right up to this date, has been the perfect model to put you exactly where you are. That goes for all areas: your relationships, your family, your practice, and your finances.

Notwithstanding things we can’t control, the decisions we make (or don’t make) are what put us where we are. If you just follow your normal path based on your environment and the way you’ve been trained to think, that’s not going to take you beyond where you are now. I’m not saying where you are is a bad place – but is it where you truly want to be?

I’m going to guess it’s not, because there’s always the desire to be more – not to have more stuff, but to have better relationships, more time to build memories, and to be more significant. Those are the things that drive us. 

But most people don’t have the clarity, the vision, or the push to make the moves that will transform their lives.

So again, the biggest risk of not joining a group that will push you and stretch you (whether Freedom Founders or something else) - is not doing anything.

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 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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