Let's meet one-on-one:
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Dr. Dimitrios Kostopoulos chats with Econologics Chief Financial Advisor, Eric Miller, on common money mistakes, treating profit like an expense, smart debt use, building household wealth, investment buckets, revenue diversification (diagnostics), and planning an exit.
Free financial scorecard mentioned.
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Highlights:
00:00 - Key questions every practice owner must answer
01:13 - Why finances matter: reframing money beyond bills
02:25 - Eric Miller — 17+ years advising healthcare owners
04:18 - Top mistake: avoiding your financials and over-delegating
09:55 - Household concept: treat the family as the “parent company”
14:17 - Profit as a priority: pay profit first (profit = an expense)
17:24 - Multiple income streams: why diversification matters
19:03 - Diagnostics revenue: high-margin, low-effort service idea
19:52 - Debt strategy: constructive vs destructive debt (Kraken metaphor)
23:19 - Investing buckets: marketable securities, insurance contracts, real estate
26:36 - Exit strategy: “exit at the top of your game” — what that really means
30:53 - Overwhelmed owners: first steps to get financial clarity
33:06 - Free tool: Econologics 100-question financial scorecard & next steps
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