Chiropractors who are well-coached and work very hard can become multi-millionaires. It is expected here in WINNERSEDGE.
Some will become a decamillionaire or more. Meaning they have a net worth of $10 million or more. We have many of these in the making right now in our group.
The WINNERSEDGE group is a young, athletic, caring, high-performance minded group of men and women. It is my recommendation for every chiropractor to have at least $2 million saved and a paid-for house before they retire from practice.
This would represent a minimum goal the chiropractor should be seeking. Sadly most chiropractors don’t come anywhere near this.
I hate to say it, but it’s because they were too “smart” to get coaching and learn how. Therefore they struggle financially during the key years of their life, when you should never have to worry about money.
Here at WINNERSEDGE people think I’m a consultant, but actually I’m in the FREEDOM business.
I am in the let’s have no regrets down the road business. I am in the happiness business. I am in the let’s have a great lifestyle business.
We simply use our chiropractic practice to generate income so we can create a wonderful lifestyle.
To do this you must have the ability to think ahead and understand that you are going to be 60 years old or 70 or 80 years old someday. How are you going to feed yourself or pay your bills?
Foolish people can’t plan ahead very well. They will worry about it when the time comes. Or say foolish things like: things will just work out.
Smart, rich people plan for the future. So when the future inevitably comes, they are ready with a smile on their face, while everybody else is looking at them with envy.
The thing that all multi-millionaire chiropractors do that others don’t is they auto save every single week all 52 weeks of the year and they never ever miss. And.. they get the appropriate house and they pay off their house.
When you retire and your income stops, you do not want a house payment.
This process begins immediately once a chiropractor starts getting paid.
The first place you spend money is on your coaching and your ability to earn more. Then you get your automated savings in place at a relatively small amount. You have our automated debt plan in place. Reducing debt is the financially fastest way to become wealthy. You save and pay debt simultaneously.
You never ever ever miss saving during any week of any year of your practicing life. This money goes into permanent long-term investments just like we teach per our money training.
Good coaching will get the amounts set properly as well as help avoid the many wealth destroying land mines that await you.
A practice journey is very dynamic. I am right now coaching doctors who have been with me for 12 years. They need it more than ever as they have more money and more responsibility. Coaching becomes more valuable every year until you retire.
Summary: Multi-millionaire DCs have a coach to increase income, auto save every single week, have the right array of investments, and they pay off their house.