Preview Mode Links will not work in preview mode

Sep 21, 2022

Being a parent is challenging, but managing your own business is even more challenging. Overcome the challenge as Dr. David Phelps outlines essential lessons working parents should remember to pass on to their children, the role of your spouse in decision-making, and how to preserve financial stability following a professional shift. Continue listening to learn the secret to balancing a successful home and work life.

 

Key takeaways to listen for

  • The challenges faced by entrepreneur parents
  • How adversity shapes parental decisions for their children
  • What you can do to keep your family and finances stable despite career shifts
  • Key values a good community must possess
  • The major role your spouse plays in decision-making
  • The best thing entrepreneur parents can pass on to their kids

 

About Dr. David Phelps

David owned and managed a private practice dental office for over twenty-one years. While still in dental school, he began his investment in real estate by joint-venturing with his father on their first rental property in 1980. Three years later, they sold the property, and David took his $25,000 capital gain share and leveraged it into thirty-one properties that later produced $15,000 monthly net cash flow.

Life was good, the sky was the limit - until the dark day that David’s daughter, Jenna, was diagnosed with Leukemia. In the midst of cancer treatments, epilepsy and ultimately a liver transplant for Jenna, David made the crucial decision to leave clinical practice so that he could spend every moment with his daughter.

David’s “Plan B” (a portfolio of cash-now producing real estate assets) gave him the freedom to focus 100% on what mattered most. Jenna won the battle with the disease, and David still enjoys the Freedom to cherish every moment with her that he can.

Today, David is a nationally recognized speaker on creating Freedom, building real businesses, and investing in real estate. David helps other logical, rational professionals become dreamers, then strategically manifest those dreams into Freedom. Under David’s leadership, the Freedom Founders Mastermind Community grows exponentially, year by year, providing the pathway to Freedom for many professional practice owners.

 

Connect with Dr. David

 

Connect with Us

To learn more about us, visit our website at www.18summers.com or email us at info@18summers.com. To get a copy of our book “The Family Board Meeting,” click here.

Subscribe to 18 Summers Podcast and leave a rating and written review!

Social Media Channels