In this episode of the Healthy Wealthy & Smart podcast, Dr. Karen Litzy welcomes Lee Benson, a seasoned entrepreneur and value creation expert, who shares his insights on building successful businesses by embracing struggle and developing strong business models. Lee discusses how facing adversity is essential for growth, drawing from his experience running an aerospace company where he worked 80 to 100 hour weeks and nearly faced bankruptcy multiple times. He emphasizes the importance of clearly defining and communicating the "Most Important Number" (MIN) for your business, explaining that less than 2% of leaders can effectively articulate their business model. Lee introduces his MIND methodology (Most Important Number and Drivers) and stresses the significance of involving all employees in understanding the business model, pricing strategy, and cost structure. The conversation highlights how creating a culture of transparency and education empowers employees to make better decisions that align with company goals, ultimately transforming them into proactive contributors who act as CEOs of their own roles.
Time Stamps:
[00:02:47] Team matters in business success.
[00:05:04] CEO role evolution in business.
[00:09:08] Embracing struggle for growth.
[00:12:11] Employee understanding of business finances.
[00:16:25] Most important number and drivers.
[00:20:06] Building a community of families.
[00:23:11] Business model understanding.
[00:28:29] Measuring qualitative data in business.
[00:31:19] Measuring employee fulfillment at work.
[00:34:20] Employee inclusion in decision making.
[00:36:42] Value creation potential in workplaces.
[00:40:23] Employee development and struggle.
[00:45:20] Advice to 20-year-old self.
More About Lee Benson:
Lee Benson has spent over 30 years in the business world, focused on one thing: creating value. Today, he is the CEO of Execute to Win, where we help organizations of all sizes accelerate the value they bring to the table. His journey into value creation started way back when he was pulling weeds for just 25 cents an hour.
Since then, he has had the privilege of founding and leading eight companies, including Able Aerospace. What started with just two employees grew into a team of 500, serving 2,000 customers across 60 countries, and we eventually celebrated a 9-figure exit in 2016. It’s been an incredible ride!
Resources from this Episode:
Free Gift: Your Most Important Number
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In this Healthy, Wealthy & Smart Podcast episode, host Dr. Karen Litzy welcomes Alicia Murray, a licensed therapist and group practice owner based in New York. Alicia shares insights into her practice, Convenient Counseling Services, a fully virtual practice that serves clients across New York, including those in upstate regions. With a team of five clinicians, Alicia's practice specializes in a variety of areas, including men's mental health, anxiety, life transitions, depression, trauma, and grief. They discuss Alicia's journey into therapy, her motivations for entering the field, and the unique aspects of running a virtual practice. Tune in to learn more about the world of therapy and the importance of mental health support.
Time Stamps:
[00:01:37] Journey into private practice.
[00:05:00] Motherhood's impact on career.
[00:08:39] Hiring based on performance metrics.
[00:14:19] Importance of balance in leadership.
[00:17:49] Imposter syndrome in entrepreneurship.
[00:22:53] Qualities of good leadership.
[00:24:49] Self-compassion in entrepreneurship.
[00:30:04] Building a Therapy Business.
[00:31:29] Educating clients about therapy.
[00:36:03] Taking risks in therapy practice.
More About Alicia Murray:
Alicia Murray, LMHC, LPC, NCC opened her private practice in 2019 when she realized that community mental health wasn’t going to offer what she needed or wanted in terms of balancing her career as a therapist with her desire to be a mom. In 2021, she began scaling her private practice into a group practice, and starting in 2024, began publishing guides, workbooks, and courses to help other therapists achieve their own time and financial freedom through private practice. Through it all, she has remained the primary caregiver for her two boys while balancing entrepreneurship.
Resources from this Episode:
The Therapist HQ Free Resources
Convenient Counseling Services
Jane Sponsorship Information:
Mention the code LITZY1MO for a free month
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In this episode of the Healthy, Wealthy & Smart podcast, host Karen Litzy welcomes Robin Valadares, a seasoned physiotherapist with over 13 years of experience and the founder of Financially Fulfilled Physio. Robin shares his journey in the healthcare field and his passion for financial education, specifically aimed at helping healthcare professionals, particularly physiotherapists, achieve financial security without sacrificing their personal well-being. He discusses the importance of blending physical health with financial literacy and offers insights into how healthcare providers can build wealth and find balance in their careers. Tune in to learn valuable strategies for financial empowerment in the healthcare profession.
Time Stamps:
[00:01:34] Financial education for healthcare providers.
[00:03:56] Overcoming money mindset challenges.
[00:07:12] Practice management finances importance.
[00:11:09] Accounting software recommendations.
[00:15:40] Financial habits for practice owners.
[00:17:48] Diversification of revenue streams.
[00:20:11] Common questions for financial advisors.
[00:23:40] Revenue streamed investing.
[00:27:14] Fear and failure in action.
More About Robin:
Robin is a healthcare professional—a physiotherapist. Despite his clinical skills, he realized the education system neglects financial literacy. We often prioritize our clients’ needs over our financial health, graduating with little knowledge of personal finance, investing, or wealth building.
This gap inspired him to become a self-taught financial literacy educator for healthcare professionals. His financial knowledge comes from years of self-education, networking, trial and error, and even failure. He still practice physiotherapy, but has found freedom and fulfillment in financial independence.
Over 13+ years, he has seen healthcare professionals desire financial security but lack resources. We're experts in our fields but often struggle with personal finance. That’s why he created this platform—to share my knowledge and empower you to take control of your financial future.
Resources from this Episode:
Free Gift: How to Prepare for a Recession
Jane Sponsorship Information:
Mention the code LITZY1MO for a free month
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In this episode of the Healthy, Wealthy and Smart Podcast, host Karen Litzy welcomes back fellow physical therapist Ali Shoos to discuss leadership within the physical therapy profession. Allie, a dedicated volunteer leader since she began her career in 1982, shares her journey and experiences in fostering the potential of future leaders in the field. The conversation explores the importance of mentorship, the impact of involvement in professional organizations, and the role of the community in shaping effective leaders. Join Karen and Ali as they delve into the significance of leadership in physical therapy and how to empower the next generation of therapists.
Time Stamps:
[00:01:21] Leadership journey in physical therapy.
[00:04:11] Leadership and advocacy journey.
[00:10:05] Telehealth leadership during COVID.
[00:14:36] Giving back to the profession.
[00:17:30] Mentorship in professional growth.
[00:22:02] Integrity as a leadership quality.
[00:24:40] Vulnerability in leadership.
[00:28:12] Volunteer opportunities in APTA.
[00:34:55] Be bold and take risks.
[00:35:26] Boldness in leadership decisions.
More About Ali Schoos:
Ali Schoos, PT, graduated with her bachelor’s degree from the University of Puget Sound in Tacoma WA in 1982. Between then and 2000 she worked in a private practice, managed a hospital based sports medicine clinic, opened a private practice in 1987, and worked for a national PT company for six years as their group director in the greater Seattle area. She then returned to private practice in 2000, after co-founding Peak Sports and Spine Physical Therapy with her husband, a group of 8 private practice clinics, practicing in Bellevue, WA. She has been a board certified orthopedic specialist from 1993-2023. She retains a small ownership in the clinics that have largely been sold to the partners she and her husband developed from their employees.
Ali has long been an active volunteer and advocate for the PT profession. She has been the secretary and chair for the Orthopedic Special Interest group, state insurance liaison for APTA Washington for nine years, a delegate to the HOD, past board member for Washington state PPSIG, served on the APTA Private Practice Section Board of Directors for six years, as well as the Covid advisory task force. She served on the APTA advisory group for primary care PT and the development of the APTA telehealth certification series. She currently serves on APTA PPS Nominating Committee, the telehealth subcommittee for APTA PPS payment policy committee, and is an APTA PAC Trustee. She is a key PT for APTA and APTA PPS and active in legislative advocacy in Washington state. She was awarded the Washington state PT of the Year in 1993 for her insurance advocacy and again in 2021 for her work on obtaining telehealth payment and delivery parity in Washington during the outbreak of the Covid pandemic. She also advocates for Alzheimers’ and ALS research, medication access, and patient resources. She has presented on numerous topics, most recently for APTA and APTA PPS webinars on telehealth, advocacy, and marketing, as well as developing and moderating “Chelan Chat” for the Washington State PPSIG annual meeting in 2022 and 2023. Ali has served her local community on the Alzheimers’ Regional Advisory Board, the Bellevue YMCA board, her parish council, fundraising efforts for her children’s school, and coaching her kids in soccer when they were young enough to not be too technical yet! She loves the physical therapy profession and is happy to serve in any way that facilitates our movement forward as a profession and helps us to better meet the needs of our patients, while keeping us financially viable as a profession.
Resources from this Episode:
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