Unfortunately, PT school still doesn’t teach us about money. A better understanding of money and finances could really come in handy right now(!) when the majority of private practice owners are experiencing shrinking profit margins.

In this episode, Chad gives an introduction into what he’s learned about making money, including:

The Wealth Formula for What You Should be Worth
The Happiness Secret
The Money Problem
Assets vs Liabilities
Prodigious Accumulators of Wealth (PAWs) vs Under Accumulators of Wealth (UAWs)

Three books influenced Chad’s thinking on this topic: The Millionaire Next Door by Thomas J. Stanley, Increase Your Financial IQ by Robert Kiyosaki, and The Richest Man in Babylon by George Samuel Clason.

In a future episode, Chad will share the 5 Financial IQs outlined by Robert Kiyosaki.

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The private practice physical therapy industry is in turmoil, facing an unprecedented profit crisis. Declining reimbursements, surging business costs fueled by inflation, and shrinking margins are sending shockwaves through the profession.

While the profit crisis in private practice PT is undeniably daunting, it is not insurmountable. By implementing strategic changes, private practice owners can emerge from this financial storm stronger than ever.

We’re here to help.

Soon, Breakthrough will launch a new program, Profitability Under Pressure: A 13-week masterclass to help owners take control of their profitability.

The class includes 13 weekly modules and live calls with industry experts and other practice owners.

To find out if you’re eligible, apply to the program here: https://bit.ly/48KOb8B

This application is risk-free and does not include any sort of obligation to move forward.

Don’t wait. Each cohort is limited and the class fills up fast. The Early Bird deadline to sign up is October 25th.

Ensure increased profitability in 2024. Apply Today: https://bit.ly/48KOb8B

God, Self & Other - Luke 38: Narrow Doors and Sleepless Nights