The Affluence Private Healthcare Podcast: Recent Episodes
Yves Schoof
Australia's healthcare podcast, where we interview interesting professionals in the medical and healthcare industry
How do you best navigate the financial and tax system as a migrant in Australia? What are the key issues you need to be aware of?
There are lessons in every crisis we experience.
What can we take away from this current health crisis in terms of how we can manage our money better?
I wanted to reach out and provide some key insights in terms of how you can manage your money in these times of crisis, where many doctors and dentists are experiencing severe financial pressures and stress.
In this episode I cover the 7 most essential finance tips that will help you make smart money decisions.
We always think about spending money as a bad thing...but what if spending money meant we would save or make more money? What if it turned out to be a good investment?
In this episode we cover 5 key areas where spending money typically is a good investment.
In this episode we explore the risks associated with not getting financial advice, in different areas of your finances.
Cash flow pressures are the number one reason why young medical and dental professionals seek our advice.
In this episode you will find the different steps we take with our clients to help them take control of their money and reduce stress.
In this episode we discuss 5 simple concepts that will help you improve your financial position.
In this episode we discuss 3 critical decisions which have the power to shape your financial future.
Unfortunately we see these 3 mistakes being made time and time again, and yet they can easily be avoided!
In this episode we stitch it all together, so you can start designing the future of your practice with the right information at hand.
In this Episode 6 of a series of 7, we help you find your way around the business aspects of setting up your own practice.
This episode covers the importance of future planning. Whatever the stage of your practice is, planning for the future with a "smart" plan is very important for your peace-of-mind.
Yves talks to Kris Borgraeve of www.digitalpractice.com.au, the digital marketing agency for Doctors and Private Practices in Australia. In this episode, we discuss the importance of your Communications Plan, your Brand Positioning Plan, and your Digital Marketing Plan when operating your medical practice.
This business planning episode covers the Operations. Kris and Yves talk about the importance of putting in place a solid HR strategy, linked to the Business Plan.
This second episode on business planning guides you through the process of running a SWOT analysis in your current practice. The clarity you gain from this, will help you design, lock in, and execute your business plan with more control and confidence.
In this series of 7 podcasts, Kris Borgraeve interviews Specialist Medical Financial Adviser Yves Schoof on the topic of Business Planning for Doctors. In particular if you are running or setting up a private clinic or a private practice. This first episode sets the scene for a journey that will allow you to cover and fine-tune all aspects of your Business Plan when you set about building, growing or reorganising your private practice.
Dr Livingston talks about how to build a multi-disciplinary practice and why it is important to bring in business experts to assist you in that process.
Dr. Clark Friedrich Schierle is a board certified Chicago plastic surgeon specializing in aesthetic and reconstructive surgery of the face, breast and body. He graduated Summa Cum Laude with highest college and departmental honors from the University of California, Los Angeles (UCLA), where he began as a full-time student at the precocious age of twelve.
Dr. Schierle completed his training in plastic surgery in Chicago, IL, at the prestigious seven-year Integrated Plastic Surgery Residency program at Northwestern University in Chicago, Illinois, where he received extensive training in cosmetic and reconstructive surgery of the face, breast and body.
Many medical specialists undertake a Fellowship year abroad, which can be financially challenging. In this episode we discuss various strategies and options.
In this podcast we talk about starting private practice, including different options to purchase your rooms, why it is important to maintain a strict fit-out budget, and why you may need an overdraft.
Who can doctors and dentists turn to when they need advice?
And how do you choose the right adviser for you?
In this podcast episode we talk about 3 important financial areas doctors and other healthcare professionals need to take control of.
Why it is important to start investing early in your medical career, but why it may be hard to do so!
In this episode we highlight some of the typical mistakes made by young medical professionals. We talk about the 'ticking clock', 'lifestyle creep' and other interesting terms!
In this final episode of our gearing series, we talk about different ways you may gear into share-based investments, as opposed to property investment.
In this episode we take a look at gearing into property and discuss the concept of 'double-gearing'.
Gearing is a popular wealth creation strategy for doctors and dentists, but is it really all that great?
In this series of 3 podcasts we do a deep-dive into gearing and look at the advantages, disadvantages, as well as some ways you may implement it.
Please always seek tax, finance and financial advice before implementing.
In this podcast episode I provide some insight in how our process is so different to many other medical and dental accounting and finance groups.
Feel free to reach out if this sounds familiar and you would like to get a second opinion.
In this episode I explore how much income doctors and dentists need to retire, and how you can calculate the level of investments you need to accumulate by retirement.
Please note, this is highly dependent on the type of investments you have, so you should always seek advice.
In this episode we explore various strategies and structures that can help medical and dental professionals achieve useful
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tax planning
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asset protection; and
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estate planning outcomes
In this podcast I provide an example of how we deliver our Private Office Service for busy Medical Specialists, where both personal and business financial issues need to be considered.
In this podcast episode I share the journey of one of our dental clients, who we assisted with purchasing their first dental practice.
Even though that wasn't what they initially had in mind...
Unfortunately, many doctors and dentists are guided into making costly investment mistakes.
In this podcast episode I explain some simple principles that will help you to make better decisions.
Please also feel free to donwload my investment ebook at www.affluenceprivate.com.au/free-resources.
In this episode I highlight the two main areas where medical and dental professionals often received had advice:
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property investment, and
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income splitting
In this episode of the podcast we talk to Janine De Muinck about effective doctor-patient communication and how training with skilled actors can enhance your skills in this area.
To find out more about Janine and her business, please go to www.interactwa.com.au
In this episode of the Affluence Healthcare Podcast we talk to Todd Cameron, a well-respected GP with over 20 years experience, and director of Zenitas Healthcare.
He shares his journey and talks about the strategic business decisions he made along the way.
In this episode we talk to Joel Curtis, who has specialised in Sports and Performance Pscychology.
We talk about the work he does with athletes but also business owners, and the importance of being able to swtich off and make time for yourself.
We also cover off on why doctors experience higher rates of stress and burn-out.
I hope you enjoy it, despite the somewhat lesser sound quality.
In this episode, Dr Rahul Reddy shares 4 perhaps slightly controversial finance tips for young doctors and dentists.
He talks about buying a house and a car, and also about choosing a life partner and investing in yourself.
I am sure you will enjoy it.
In this episode of the Affluence Healthcare Podcast we talk to Terry Cornick, who has held a variety of roles in the healtchare industry.
He is a healthcare consultant, as well as an avid writer and mental health advocate.
I am sorry you will enjoy this episode.
Please like, share and comment if you have any feedback.
In this episode of the Affluence Private Healthcare podcast, we talk to the wonderful Dr Jonathan Ramachenderan.
He shares his thoughts about finding balance in life as a doctor, how to handle money and teach your children about the value of money.
I am sure you will find this episode as enjoyable as I did. Please like and share and if you you have nay ideas for future podcast episodes, please send us your comments.
Please also check out Dr Ramachenderan on Twitter @TheHealthyGP.