Failed sale. No clear exit. Limited options… or so it seemed.

Most healthcare practice owners think they only have two paths:

👉 Sell to an associate

👉 Or sell to corporate

But what happens when a corporate deal falls apart and you still want freedom, security, and options?

In this episode of the Financial Beast Podcast, Eric Miller sits down with Paul Silovsky, CEO of Rebound Physical Therapy, to unpack how he navigated a failed sale, rebuilt his vision, and created a brand-new set of exit options — without giving up control of his practice or his household income.

You’ll discover:

- Why most owners give away their power of choice when it comes to exiting

- What really happened when Paul’s first corporate deal fell through

- How he redesigned his practice so it could financially support his family for years

- The pros and cons of selling to an associate vs. selling to corporate

- How to think about internal sale, owner financing, and long-term cash flow

- Why starting exit planning years before you sell gives you maximum leverage

If you’ve ever thought, “I don’t know how I’ll get out of this practice without blowing up my lifestyle,” this conversation is a must-watch.

CHAPTERS:

00:00 Intro – Why exit options matter

01:05 How Paul realized he needed more choice

04:10 The first corporate deal and why it failed

10:45 Rebuilding the practice with a new vision

16:30 Internal sale vs. corporate: pros and cons

24:00 Protecting your household income after exit

32:00 Exit strategy mistakes healthcare owners make

38:45 Paul’s advice if you’re 5–10 years from exit

_________________________________________________________________________________

Want to schedule a free consultation?

Visit www.econologics.com or call us at (727) 588-1540 or schedule directly at: https://hubs.li/Q03z6vvs0

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🔒 Disclaimer

Econologics Financial Advisors, LLC (‘EFA’) is registered with the Securities and Exchange Commission as an investment advisor. (Such registration does not imply a certain level of skill or training.) EFA provides investment advisory services only in states where it is permitted to do so under state laws and only to the extent permitted thereby. This communication is not an offer to sell or effect any transaction in securities. Neither EFA nor its affiliates provide legal, tax or accounting advice. Please consult a qualified attorney or accountant. Results are not guaranteed and will vary depending on the specific circumstances of each individual and on other factors.

Full disclosure: https://econologicsfinancialadvisors.com/legal-disclosures/

Most owners spend more time planning a vacation than their practice exit—and it’s a costly mistake. In this episode, Eric Miller and advisor Zach Abbotoni break down the money side of your exit: who to sell to, how your practice is valued (EBITDA & add-backs), your “magic number” for a successful retirement, and how to structure a deal so you keep more and reduce risk.

You’ll learn:

* Associate vs Corporate buyer: cash at close, control, risk, and culture

* Valuation 101: adjusted earnings (EBITDA), add-backs, and premium/discount factors

* Deal structures: cash at close, joint venture (retain equity), private stock (A/C shares), earn-outs—and what to watch out for

* Real-estate & lease terms, team retention bonuses, and tax/flow considerations

* The Wealth Gap: quick math to confirm if today’s offer funds your next 30 years

Chapters:

00:00 Why most exits underperform

03:00 How practices are really valued (EBITDA & add-backs)

08:30 Buyers: Associate vs Corporate

13:40 Deal components: cash, JV equity, private stock, earn-out

21:15 Real estate & team retention

25:30 Your “magic number” & wealth-gap math

30:00 Action plan before you list

_________________________________________________________________________________

Want to schedule a free consultation?

Visit www.econologics.com or call us at (727) 588-1540 or schedule directly at: https://hubs.li/Q03z6vvs0

Get Social With Us

Website: https://www.econologicsfinancialadvisors.com

LinkedIn: https://www.linkedin.com/company/econologics

Facebook: https://www.facebook.com/econologicsfinancial

Instagram: https://www.instagram.com/econologicsfinancialadvisors

X / Twitter: https://x.com/FinancialBeasts

Vimeo: https://vimeo.com/econologics

🔒 Disclaimer

Econologics Financial Advisors, LLC (‘EFA’) is registered with the Securities and Exchange Commission as an investment advisor. (Such registration does not imply a certain level of skill or training.) EFA provides investment advisory services only in states where it is permitted to do so under state laws and only to the extent permitted thereby. This communication is not an offer to sell or effect any transaction in securities. Neither EFA nor its affiliates provide legal, tax or accounting advice. Please consult a qualified attorney or accountant. Results are not guaranteed and will vary depending on the specific circumstances of each individual and on other factors.

Full disclosure: https://econologicsfinancialadvisors.com/legal-disclosures/

How much money do you really need to live without financial stress? Most “gurus” throw out random numbers… but today, we break down the real wealth thresholds that determine financial freedom, security, and long-term stability for practice owners.

In this episode of the Financial Beast Podcast, Eric Miller (Chief Adviser & Co-Owner at Econologics Financial Advisors) and Eric Gersch, Financial Advisor, reveals the truth behind numbers like $5 million, $7 million, $10 million, and even $20 million—what each level actually means for your life, your income, your retirement, and your family’s financial future.

If you're a healthcare practice owner wondering how much net worth you really need to live your ideal life, this breakdown will change everything.

In This Episode You’ll Learn:

✔️ Why $5M is the true “minimum freedom number”

✔️ What $7M vs. $10M really means in lifestyle terms

✔️ How practice owners should structure wealth outside their business

✔️ The danger of listening to online financial influencers

✔️ The hidden expenses people NEVER factor into retirement

✔️ Why long-term care can destroy a weak financial plan

✔️ How to build “indestructible wealth” over time

CHAPTERS:

00:00 – How Much Money Is Truly “Enough”?

00:32 – Welcome to the Financial Beast Podcast

01:05 – The $20 Million Claim: True or Myth?

02:11 – What Wealth Really Buys You

03:14 – The Meaning of Indestructible Wealth

04:23 – Ultra-High-Net-Worth vs. Real People

05:08 – Why $5M–$10M Is the Real Target

06:10 – Breaking Down a $20M Lifestyle

07:32 – What $5M Actually Provides

09:01 – The Case for $7M and Up

10:14 – $10M: The Freedom & Charity Threshold

11:24 – Real Costs People Forget (Healthcare, LTC, etc.)

12:48 – Long-Term Care: The Hidden Wealth Killer

14:07 – Why $5M Is the Minimum Target

15:33 – The $7M Security Zone Explained

16:44 – The $10M Wealth Comfort Zone

17:52 – Real-World Client Examples

19:03 – Why Influencer Money Advice Is Dangerous

20:12 – Why “Get Rich Quick” Never Works

21:25 – The Psychological Trap of Fast Money

22:40 – The Path to Real, Stable Wealth

23:51 – Final Thoughts & Episode Wrap-Up

_________________________________________________________________________________

Want to schedule a free consultation?

Visit www.econologics.com or call us at (727) 588-1540 or schedule directly at: https://hubs.li/Q03z6vvs0

Get Social With Us

Website: https://www.econologicsfinancialadvisors.com

LinkedIn: https://www.linkedin.com/company/econologics

Facebook: https://www.facebook.com/econologicsfinancial

Instagram: https://www.instagram.com/econologicsfinancialadvisors

X / Twitter: https://x.com/FinancialBeasts

Vimeo: https://vimeo.com/econologics

🔒 Disclaimer

Econologics Financial Advisors, LLC (‘EFA’) is registered with the Securities and Exchange Commission as an investment advisor. (Such registration does not imply a certain level of skill or training.) EFA provides investment advisory services only in states where it is permitted to do so under state laws and only to the extent permitted thereby. This communication is not an offer to sell or effect any transaction in securities. Neither EFA nor its affiliates provide legal, tax or accounting advice. Please consult a qualified attorney or accountant. Results are not guaranteed and will vary depending on the specific circumstances of each individual and on other factors.

Full disclosure: https://econologicsfinancialadvisors.com/legal-disclosures/

Download a free copy of "How to Become a Financial Beast" by Eric Miller at www.financialbeastbook.com

Are you throwing money at “marketing” without a clear plan or real results?

In this episode of the Financial Beast Podcast, host Eric Miller sits down with healthcare marketing expert Carl White of MarketVisory Group to break down how to build a financially responsible marketing plan for your medical or dental practice.

Instead of chasing tactics, shiny objects, or the latest “funnel,” you’ll learn how to:

* Start with the right revenue and growth goals for your practice

* Tie your marketing budget to actual patient value and ROI

* Avoid the biggest mistakes practice owners make with agencies

* Decide when paid ads, local SEO, social media, and referrals actually make sense

* Build a simple, focused plan instead of 10 disconnected tactics

Whether you run a medical practice, dental office, or other healthcare practice, this conversation will help you see marketing as an investment that should support your long-term financial goals—not a random monthly expense.

CHAPTERS:

00:00 - Intro

01:34 - Welcome Back

02:27 - Marketing Strategies

03:29 - Passion for Marketing

06:15 - Financial and Marketing Similarities

06:55 - Journey into Healthcare Marketing

08:49 - Importance of Industry Specialization

10:04 - Understanding a Marketing Plan

11:00 - Marketing Budget Guidelines

18:24 - Essential Components of a Marketing Plan

22:20 - Common Healthcare Marketing Mistakes

25:38 - Location Considerations for Marketing

29:50 - Contacting Carl

32:41 - Outro

_________________________________________________________________________________

Want to schedule a free consultation?

Visit www.econologics.com or call us at (727) 588-1540 or schedule directly at: https://hubs.li/Q03z6vvs0

Get Social With Us

Website: https://www.econologicsfinancialadvisors.com

LinkedIn: https://www.linkedin.com/company/econologics

Facebook: https://www.facebook.com/econologicsfinancial

Instagram: https://www.instagram.com/econologicsfinancialadvisors

X / Twitter: https://x.com/FinancialBeasts

Vimeo: https://vimeo.com/econologics

🔒 Disclaimer

Econologics Financial Advisors, LLC (‘EFA’) is registered with the Securities and Exchange Commission as an investment advisor. (Such registration does not imply a certain level of skill or training.) EFA provides investment advisory services only in states where it is permitted to do so under state laws and only to the extent permitted thereby. This communication is not an offer to sell or effect any transaction in securities. Neither EFA nor its affiliates provide legal, tax or accounting advice. Please consult a qualified attorney or accountant. Results are not guaranteed and will vary depending on the specific circumstances of each individual and on other factors.

Full disclosure: https://econologicsfinancialadvisors.com/legal-disclosures/

Download a free copy of "How to Become a Financial Beast" by Eric Miller at www.financialbeastbook.com

Are you building wealth or just chasing shiny returns? In this solo episode of the Financial Beast Podcast, Eric Miller breaks down 7 timeless lessons from Benjamin Graham’s The Intelligent Investor and translates them for healthcare practice owners (Veterinarians, PTs, ODs, Dentists, and more).

You’ll learn how to set a real investment policy, avoid yield traps, protect cash flow when you’re dependent on your portfolio, and position your practice as the engine of your net worth without gambling your future.

CHAPTERS:

00:00 Intro why “old school” beats hype

01:18 Strategy vs Policy (the rule that saves portfolios)

05:42 Price matters: value = what you get, price = what you pay

08:14 If you live on your portfolio, reduce surprises

11:03 Don’t marry a yield (spot the 15% trap)

14:10 Concentrate to build it, diversify to keep it

17:35 Your only edge in a panic (and how to use it)

20:35 No one’s tombstone says “Beat the S&P” (what actually matters)

22:30 Next steps & how we can help

_________________________________________________________________________________

Want to schedule a free consultation?

Visit www.econologics.com or call us at (727) 588-1540 or schedule directly at: https://hubs.li/Q03z6vvs0

Get Social With Us

Website: https://www.econologicsfinancialadvisors.com

LinkedIn: https://www.linkedin.com/company/econologics

Facebook: https://www.facebook.com/econologicsfinancial

Instagram: https://www.instagram.com/econologicsfinancialadvisors

X / Twitter: https://x.com/FinancialBeasts

Vimeo: https://vimeo.com/econologics

🔒 Disclaimer

Econologics Financial Advisors, LLC (‘EFA’) is registered with the Securities and Exchange Commission as an investment advisor. (Such registration does not imply a certain level of skill or training.) EFA provides investment advisory services only in states where it is permitted to do so under state laws and only to the extent permitted thereby. This communication is not an offer to sell or effect any transaction in securities. Neither EFA nor its affiliates provide legal, tax or accounting advice. Please consult a qualified attorney or accountant. Results are not guaranteed and will vary depending on the specific circumstances of each individual and on other factors.

Full disclosure: https://econologicsfinancialadvisors.com/legal-disclosures/

Download a free copy of "How to Become a Financial Beast" by Eric Miller at www.financialbeastbook.com.

Are you ready to take back CONTROL of your financial future and discover a path to financial freedom and purpose? In this episode of the Financial Beast Podcast, Eric Miller sits down with Dr. Erik Lundquist to explore his inspiring journey from practicing medicine to building personal wealth while aligning with his life’s purpose. Whether you’re a healthcare practice owner or a busy professional, this conversation will give you valuable insights into how to maximize the value of your career, manage money effectively, and build long-term wealth.

Dr. Lundquist shares how he transitioned from primary care to founding the Temecula Center for Integrative Medicine, using strategic planning, mastermind collaboration, and smart financial practices to expand his business and achieve financial independence. Learn actionable tips on charitable giving, investing wisely, and creating freedom for the life you truly want. This episode is packed with empowering advice on how to become a Financial Beast by taking control of your practice's profits and building wealth outside your business.

At Econologics Financial Advisors, we specialize in helping practice owners like you grow their wealth and secure their future. Our proven financial strategies enable you to overcome challenges and thrive, even during a recession. Remember, financial freedom starts with the knowledge and confidence to make informed decisions. Don’t just settle—start building your financial legacy today!

#wealthbuilding #doctorfinances #businessgrowth #financialadviceforpracticeowners #integrativemedicinefinances

CHAPTERS:

00:00 - Intro

01:11 - Eric Miller Introduces Dr. Eric L.

15:51 - Communicating About Money with Your Spouse

18:00 - Importance of Charitable Giving in Wealth Building

22:05 - Key Factors in Building Wealth

25:20 - Talking to Your Kids About Money

28:22 - What to Look for in an Investment

31:51 - How to Reach Dr. Lakin

32:28 - Dr. Lakin’s Podcast Insights

_________________________________________________________________________________

Want to schedule a free consultation?

Visit www.econologics.com or call us at (727) 588-1540 or schedule directly at: https://hubs.li/Q03z6vvs0

Get Social With Us

Website: https://www.econologicsfinancialadvisors.com

LinkedIn: https://www.linkedin.com/company/econologics

Facebook: https://www.facebook.com/econologicsfinancial

Instagram: https://www.instagram.com/econologicsfinancialadvisors

X / Twitter: https://x.com/FinancialBeasts

Vimeo: https://vimeo.com/econologics

🔒 Disclaimer

Econologics Financial Advisors, LLC (‘EFA’) is registered with the Securities and Exchange Commission as an investment advisor. (Such registration does not imply a certain level of skill or training.) EFA provides investment advisory services only in states where it is permitted to do so under state laws and only to the extent permitted thereby. This communication is not an offer to sell or effect any transaction in securities. Neither EFA nor its affiliates provide legal, tax or accounting advice. Please consult a qualified attorney or accountant. Results are not guaranteed and will vary depending on the specific circumstances of each individual and on other factors.

Full disclosure: https://econologicsfinancialadvisors.com/legal-disclosures/

Download a free copy of "How to Become a Financial Beast" by Eric Miller at www.financialbeastbook.com.

Selling your practice is the biggest financial decision of your life—don’t leave money on the table! In this video, we share 5 key tips to negotiate your practice sale RIGHT and maximize the value of your hard work. You’ve spent years building your business, now it’s time to take back CONTROL and secure the financial freedom you deserve. On the Financial Beast Podcast, Eric Miller will discuss whether it’s nailing the overall sales price, getting the right lease terms, or understanding earnouts, we’ve got you covered with strategies to protect your wealth and your future.

At Econologics Financial Advisors, we specialize in helping practice owners like you navigate the complexities of selling a business. Learn how to avoid common pitfalls, negotiate like a pro, and ensure your family’s financial future is secure. From maximizing the upfront cash to building personal wealth through smart investments, this video will empower you to make informed decisions every step of the way.

Ready to become a Financial Beast? Start today by downloading Eric Miller’s best-selling book, “How to Become a Financial Beast,” and unlock the secrets to wealth building and financial freedom. Need more personalized guidance? Reach out to Econologics Financial Advisors, the trusted partner for practice owners nationwide.

Don’t forget to like, subscribe, and share this video with other practice owners looking to maximize their practice sale. Let’s make sure your biggest transaction is also your smartest!

#financialplanningforpracticeowners #financialtransactionadvice #negotiationtacticsforselling #financialtransactionnegotiation #maximizingpracticesaleprofits

CHAPTERS:

00:00 - Intro

01:00 - Welcome Back

05:46 - Private Equity Challenges

07:37 - Factors You Can Control

09:47 - Determining Overall Sales Price

12:24 - Negotiating Your Lease Agreement

16:04 - Understanding Employment Agreements

19:22 - Earnout Structures

21:34 - Earnouts Explained

23:15 - Cash vs. Balance of Sale

29:15 - Conclusion and Wrap-Up

_________________________________________________________________________________

Want to schedule a free consultation?

Visit www.econologics.com or call us at (727) 588-1540 or schedule directly at: https://hubs.li/Q03z6vvs0

Get Social With Us

Website: https://www.econologicsfinancialadvisors.com

LinkedIn: https://www.linkedin.com/company/econologics

Facebook: https://www.facebook.com/econologicsfinancial

Instagram: https://www.instagram.com/econologicsfinancialadvisors

X / Twitter: https://x.com/FinancialBeasts

Vimeo: https://vimeo.com/econologics

🔒 Disclaimer

Econologics Financial Advisors, LLC (‘EFA’) is registered with the Securities and Exchange Commission as an investment advisor. (Such registration does not imply a certain level of skill or training.) EFA provides investment advisory services only in states where it is permitted to do so under state laws and only to the extent permitted thereby. This communication is not an offer to sell or effect any transaction in securities. Neither EFA nor its affiliates provide legal, tax or accounting advice. Please consult a qualified attorney or accountant. Results are not guaranteed and will vary depending on the specific circumstances of each individual and on other factors.

Full disclosure: https://econologicsfinancialadvisors.com/legal-disclosures.

Download a free copy of "How to Become a Financial Beast" by Eric Miller at www.financialbeastbook.com.

Are you ready to take back CONTROL of your financial future after selling your practice? In this episode of the Financial Beast podcast, Eric Miller, sits down with Nathan Shields, a former practice owner turned advisor, to discuss the dos and don'ts of investing practice proceeds. Whether you're preparing to sell your practice or planning ahead for financial freedom, this episode is packed with actionable insights that will help you maximize the value of your hard-earned proceeds and build personal wealth.

Learn how to create a wealth-building strategy that works for you, avoid common investment pitfalls, and identify opportunities to expand your business or diversify your portfolio. Discover the importance of owning your practice’s real estate, finding the right financial advisor, and having a solid exit plan for long-term success. Nathan shares his personal journey, including the mistakes he made, the lessons he learned, and how he continues to grow his financial footprint through smart investments in real estate and cash-flowing assets.

At Econologics, we help practice owners like you become Financial Beasts, empowering you with the tools and strategies to achieve financial freedom. Like, share, and subscribe to start your journey toward wealth building today!

#financialadviceforpracticeowners #financialtipsforpracticeowners #financialadviceforowners #wealthbuildingforpractitioners #exitstrategiesforpracticeowners

CHAPTERS:

00:00 - Intro

01:00 - Welcome Nathan Shields

06:00 - Pre-Sale Thoughts and Considerations

12:55 - Tax Implications of Selling a Practice

16:04 - Concerns About Financial Windfall

17:42 - Mistakes Made with Received Funds

20:03 - Life After Selling Your Practice

23:18 - Key Deal Terms to Consider

26:38 - Current Investment Strategies

30:34 - Stock Market Investment Insights

34:30 - Exploring Private Lending Opportunities

35:48 - Diversification vs. Concentration in Investing

41:20 - Contacting Nathan Shields

42:24 - Connecting with Ryan and Aaron

42:31 - Outro

_________________________________________________________________________________

Want to schedule a free consultation?

Visit www.econologics.com or call us at (727) 588-1540 or schedule directly at: https://hubs.li/Q03z6vvs0

Get Social With Us

Website: https://www.econologicsfinancialadvisors.com

LinkedIn: https://www.linkedin.com/company/econologics

Facebook: https://www.facebook.com/econologicsfinancial

Instagram: https://www.instagram.com/econologicsfinancialadvisors

X / Twitter: https://x.com/FinancialBeasts

Vimeo: https://vimeo.com/econologics

🔒 Disclaimer

Econologics Financial Advisors, LLC (‘EFA’) is registered with the Securities and Exchange Commission as an investment advisor. (Such registration does not imply a certain level of skill or training.) EFA provides investment advisory services only in states where it is permitted to do so under state laws and only to the extent permitted thereby. This communication is not an offer to sell or effect any transaction in securities. Neither EFA nor its affiliates provide legal, tax or accounting advice. Please consult a qualified attorney or accountant. Results are not guaranteed and will vary depending on the specific circumstances of each individual and on other factors.

Full disclosure: https://econologicsfinancialadvisors.com/legal-disclosures/