I was about 15 and my father was about 41 when we decided to go see what was happening at the high school near my grandparents’ house. As we walked home across the practice field, Dad noticed the hurdles were set up on the track. He said, “Come here. I want to teach you how to run the hurdles.”
Dad was six feet tall. I was probably about five feet eight inches. The hurdles were about to my waist. I was too scared to try them and wondered what Dad had in mind.
We walked over to the track. Dad didn’t say anything. He just started running. I couldn't believe it. My 41-year-old father was running hurdles in street clothes. Then something even more amazing happened. After he cleared the third hurdle, I cleared the first one. Then I realized I was going too fast to stop. I had to clear them all or get tangled up in one. Fear propelled me over all of them.
That is an example of a great teacher. We need teachers that can take something we are afraid to do and help us do it. It is great if they can show us by example.
I enjoy teaching. When I learn something, first thing I want to do is tell everyone what I learned. That is why I wrote From Paint Rags to Riches – Becoming a Real Estate Millionaire. I had believed that real estate was a poor investment. I took the coursework to get a license to sell real estate. Then I understood. I applied the principles of business, standardized the process and wrote the book.
Many doctors could use some help in their businesses. Even though I had an MBA, I benefited from a business coach. There are three ways to make money helping businesses. 1. Teach people how to do something that they don’t know how to do. This is the least expensive. Students can take a course or read a book. 2. Help students do something. This is more expensive. It requires time from the coach/consultant. This is helpful for people who know how to do something but are having trouble implementing what they know. 3. This is most expensive. Just do it for them. This way they never learn the lessons. It creates customers for life.
I decided to teach what I learned about being in business. As my readers know, the world changes based on our beliefs. I created a course to help students get control of their thinking – Mental Mastery. Then I created a Marketing course, a Negotiation course, a Business Basics course, and a Business Valuation course. The last course is Goal Setting. I show how to set a goal for income and demonstrate with a plan to add $20,000 in additional take home pay after taxes.
I made it look so easy; I was tempted to give up retirement. Udemy hosts the course. They offer a money back guarantee. You can ask questions through the system. I titled the course, 20/20 Business Education for Healthcare Entrepreneurs. The idea was to spend 20 minutes per day for 20 days to earn an additional $20,000 after tax.
Most of us spend our time and money learning to be better doctors – rightly so. Many of us need to learn to be better at business. Tired of working for someone else? Working for yourself and not quite getting the financial rewards you deserve? How about spending 20 minutes per day for the next 20 days and make 2025 your best year ever?