Converted to the Value of Time

Nate Williams Personal Management Leave a Comment

Over the last several years, since becoming a business owner, I have slowly converted to a concept that, if understood, will make you and me a lot of money. The concept: understanding the value of your time, and behaving accordingly. You already know this, right? Cognitively, this is a simple principle: Your time is worth a lot of money. But most people, including high-income dentists, don’t always understand or follow this principle. Are you one of them?

When I first started Practice Financial Group (then called Symmetric Wealth Management) in early 2010, I needed to file several complicated compliance documents with the State of Oregon to become a Registered Investment Advisor (RIA). There was a firm called “RIA in a Box” who, for the meager fee of $2,500, would do all this work and set up my RIA for me. But I was smart and I knew how to read and ask questions, so I declined their offer to help. More importantly, I was a new business owner and cash was tight. So I decided to do it myself. Big mistake.
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Nate WilliamsConverted to the Value of Time

Welcome to the PFG Blog

Nate Williams General Leave a Comment

Welcome to the PFG Blog. We invite dentists everywhere to subscribe. Our commitment to you: to keep the content relevant, practical, and worthwhile. We are constantly seeking to learn new information for our clients. When what we learn is valuable, we want to share.

For example, we recently learned of a company called SoFi (www.sofi.com) who will refinance student loans at fixed rates as low as 3.625%. A blog post is a great way to get the word out to many of our younger dentists, and their friends, who are strapped with high debt loads and onerous interest rates reaching higher than 8%!
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Nate WilliamsWelcome to the PFG Blog