The Optometry Money Podcast

Questions? Thoughts? Send a Text to The Optometry Money Podcast! We'll answer your question on the show. Dr. Mick Kling and Craig Moritz join Evon to talk all about navigating internal optometry practice transitions. They talk about when it makes sense to transition ownership, the steps of the process, due diligence, when lending comes into play, and more. Dr. Kling is the owner of a 2 locatio...

Questions? Thoughts? Send a Text to The Optometry Money Podcast! We'll answer your question on the show. What do optometrists need to know about the recently passed SECURE Act 2.0? Evon breaks down the biggest points of the law that both employed optometrists and practice owners need to keep an eye on, specifically around 529 accounts, SIMPLE IRAs, and 401ks. Have questions on anything discuss...

Questions? Thoughts? Send a Text to The Optometry Money Podcast! We'll answer your question on the show. This episode features Dr. Joseph Allen, optometrist at PineCone Vision Center and founder of the Doctor Eye Health, a YouTube channel with over 750,000 subscribers. Dr. Allen, joined the podcast to talk about his journey building a personal brand through content creation in addition to his...

Questions? Thoughts? Send a Text to The Optometry Money Podcast! We'll answer your question on the show. Enjoy a holiday replay of a 2022 favorite (Ep 29). Wade Weisz, owner of For Eyes Bookkeeping, joins Evon to talk about the ins and outs of bookkeeping for an optometry practice. They dive into the basics of bookkeeping, the three financial statements in the business, how often to review you...

Questions? Thoughts? Send a Text to The Optometry Money Podcast! We'll answer your question on the show. Evon dives into the tax benefits of charitable giving and tax planning strategies to consider to make the most of your charitable donations.    Have questions on anything discussed or want to have topics or questions featured on the show? Send Evon an email at evon@optometrywealth.com . Che...

Questions? Thoughts? Send a Text to The Optometry Money Podcast! We'll answer your question on the show. This episode replays Evon's interview on The Chris Wolfe Podcast on EyeCode Media. Evon and Dr. Wolfe dive into debt management for optometrists, student loans, private equity, tradeoffs with practice ownership, what to look for in a financial advisor, and more. Check out Dr. Wolfe&apo...

Questions? Thoughts? Send a Text to The Optometry Money Podcast! We'll answer your question on the show. Arsalan Ashraf, CPA and owner of Ashraf Advisory, joins Evon to talk about all about tax planning for short-term rental properties! They dive into the differences between long-term and short-term rentals, the many tax considerations and requirements with short-term rentals, cost segregation...

Questions? Thoughts? Send a Text to The Optometry Money Podcast! We'll answer your question on the show. Evon continues the year-end tax planning theme and talks all about how investment income and capital gains impact your tax return. He dives into how your investment account creates income, how it's taxed, and 5 levers you can pull to control capital gains on your tax return. This episo...

Questions? Thoughts? Send a Text to The Optometry Money Podcast! We'll answer your question on the show. Here's a Thanksgiving replay of a 2022 favorite, Episode 17! How do you assess the health of your optometry practice? What metrics should you look at? Dr. Chad Fleming, OD, FAAO returns to the podcast to talk all about checking the health and performance of your practice. He talks abou...

Questions? Thoughts? Send a Text to The Optometry Money Podcast! We'll answer your question on the show. How does your mindset impact your financial decisions? This episode is a recording of Evon's guest appearance on the Power Hour Podcast with Bethany Fishbein. They talk all about different money mindsets, how mindset, values, and psychology impacts financial decisions, and how differen...

Questions? Thoughts? Send a Text to The Optometry Money Podcast! We'll answer your question on the show. Joe Erickson, CPA joins Evon to talk all about end-of-year tax planning opportunities for W2 employed optometrists, independent contractor optometrists, and private practice owners. Have questions on anything discussed or want to have topics or questions featured on the show? Send Evon an e...

Questions? Thoughts? Send a Text to The Optometry Money Podcast! We'll answer your question on the show. Chris Wolfe, OD joins Evon Mendrin to talk about his experience navigating an internal succession plan, what he'd look for in a future co-owner, how private equity has impacted the future of optometry, and the role specialties play in the future success of private practices. Have quest...

Questions? Thoughts? Send a Text to The Optometry Money Podcast! We'll answer your question on the show. Wade Weisz, owner of For Eyes Bookkeeping, joins Evon Mendrin, CFP to talk about the ins and outs of bookkeeping for an optometry practice. They dive into the basics of bookkeeping, the three financial statements in the business, how often to review your financials, and ways to catch whethe...

Questions? Thoughts? Send a Text to The Optometry Money Podcast! We'll answer your question on the show. Evon Mendrin, CFP talks about a basic estate planning tool that every optometrist should keep an eye on - keeping beneficiaries up to date on different accounts and life insurance policies. He walks through a few things to keep an eye on as you review your beneficiaries over time. Have ques...

Questions? Thoughts? Send a Text to The Optometry Money Podcast! We'll answer your question on the show. How do you check the health of your cash flow? Evon Mendrin, CFP dives into the importance of how you use your cash, and the 4 key metrics he uses to check the health of your cash flow. Have questions on anything discussed or want to have topics or questions featured on the show? Send Evon...

Questions? Thoughts? Send a Text to The Optometry Money Podcast! We'll answer your question on the show. Dr. Larry Golson joins Evon to talk all about how Gino Wickman's book Traction and the Entrepreneurial Operating System can help take optometry practices to the next level.  Larry is the owner of Envision Eyecare and Sherpa Consulting. He brings so much experience having cold-started h...

Questions? Thoughts? Send a Text to The Optometry Money Podcast! We'll answer your question on the show. How do you create freedom from the day-to-day operations of your optometry practice? How do you build a sale-ready practice? Josh Patrick, owner of Stage 2 Planning joins Evon to talk all about the importance of knowing the type of practice you want to build, how to create "operational...

Questions? Thoughts? Send a Text to The Optometry Money Podcast! We'll answer your question on the show. How do you plan for your kids' higher education? How do you navigate financial aid, or choosing the right college? Michael Labos, CFP®, CCFS®, owner of Gen X Wealth Partners, joins Evon to talk about how to prepare for the cost of higher education. They dive into how to pick the right...

Questions? Thoughts? Send a Text to The Optometry Money Podcast! We'll answer your question on the show. Do you have balance in your balance sheet? Do you have the right mix of assets? Evon talks about finding balance in your balance sheet, and having a healthy mix between liquid, retirement, real estate, and business assets. The right mix helps to have healthy finances today and to be better...

Questions? Thoughts? Send a Text to The Optometry Money Podcast! We'll answer your question on the show. How do you track progress toward financial independence? How do you know if you're on track, or how much you'll need to make work optional? On this episode, Evon talks about how to measure and track financial health, and specifically, one metric optometrists can use to track their...

Questions? Thoughts? Send a Text to The Optometry Money Podcast! We'll answer your question on the show. How important is your mentality to the success of your optometry practice? How important are your beliefs about your abilities, your practice, or the optometry profession? Bethany Fishbein, CEO of the Power Practice and co-owner of her own optometry practice, joins Evon to talk about how cr...

Questions? Thoughts? Send a Text to The Optometry Money Podcast! We'll answer your question on the show. What is the benefit of using an independent optical lab? How do optometry private practice owners maintain control over their practices and profitability? Ben Collier, founder and CEO of Independent Optical Lab, joins Evon to talk all about this and more! They dive into the benefits of usin...

Questions? Thoughts? Send a Text to The Optometry Money Podcast! We'll answer your question on the show. How should optometrists approach student loan planning in 2022? Evon gives an update on the state of federal student loans, what to expect with the payment freeze, and revisits the two primary approaches each optometrist should consider when planning how to pay their student loans. Have que...

Questions? Thoughts? Send a Text to The Optometry Money Podcast! We'll answer your question on the show. John Wiley of Eye Deal Solutions joins Evon to talk all about solving the HR and administrative headaches in optometry practices. We talk about PEOs - Professional Employer Organizations - and how they help relieve the HR burdens from the practice owner and staff. We also dive into differen...

Questions? Thoughts? Send a Text to The Optometry Money Podcast! We'll answer your question on the show. How do you assess the health of your optometry practice? What metrics should you look at? Dr. Chad Fleming, OD, FAAO returns to the podcast to talk all about checking the health and performance of your practice. He talks about the importance of scheduling time to step away from the day-to-d...