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Ep. 024 – PD – Wealth Formula Podcast Founder & Physician Entrepreneur Buck Joffrey M.D.
6th February 2019 • The Physician's Road • Eric S. Tait M.D., MBA
00:00:00 00:41:30

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Introducing Dr. Buck Joffrey,

 

In this Episode we will learn about:

 

His journey to entrepreneurship –

 

How he got burned out on academic medicine.

 

How he used media and marketing to grow a successful practice.

 

Buck share’s his simple formula for how to create a successful business, one which he has used 4 different times.

Cosmetics

Sinus Surgery

Behavioral Therapy (autism)

Wealth Formula (financial education)

 

 

Why owning real estate by himself directly wasn’t as lucrative as joining as a limited partner in larger projects.

 

Why just looking at a proforma tells you nothing about how a project will ultimately do.

 

Why getting to know the operator personally is more important than the specific project you may be looking at.

 

What is the Wealth Formula Podcast – Financial Education for people with money

 

How the podcast has evolved over time.

 

Buck’s pivot into Syndication and how he uses Newtonian Physics to evaluate a project.

 

How investing without “leverage” makes it almost impossible to become very wealthy in a relatively short time period.

 

Buck explains how he’s never met a millionaire who became one investing in mutual funds.

 

Why “conventional wisdom” can be wrong especially when it comes to investing. 

 

Why being trained as a Physician can actually be a detrimental when it comes to your investments.

 

March 1 and 2nd 2019 – Event

Tax benefits of Investing in Real Estate

Apartment Investing Projects

http://www.wealthformulaevents.com/titans-of-multifamily-real-estate-seminar

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