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Ep 32: Why MedSpa Owners Struggle to Spend After Success

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Manage episode 507094316 series 3638698
Content provided by Scott Wisniewski and Jonny McMullen, Scott Wisniewski, and Jonny McMullen. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Scott Wisniewski and Jonny McMullen, Scott Wisniewski, and Jonny McMullen or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Most MedSpa owners spend their careers building discipline — pouring profits back into the business, paying down equipment loans, maxing out retirement accounts when possible, and making sure the numbers always work. By the time they reach financial independence, the nest egg (and/or business equity) is there, but something unexpected happens: the habits that carried them here don't always translate into the next phase.

Stepping back from day-to-day operations brings a new challenge, not about how to save or reinvest, but how to spend — and for many owners, that's a tougher adjustment than it sounds. Today, we're going to unpack that paradox and explore why so many of the best savers/builders struggle the most when it's finally time to enjoy the fruits of their labor.

You can find show notes, resources and more at: https://medspafinancial.com

  continue reading

38 episodes

Artwork
iconShare
 
Manage episode 507094316 series 3638698
Content provided by Scott Wisniewski and Jonny McMullen, Scott Wisniewski, and Jonny McMullen. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Scott Wisniewski and Jonny McMullen, Scott Wisniewski, and Jonny McMullen or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Most MedSpa owners spend their careers building discipline — pouring profits back into the business, paying down equipment loans, maxing out retirement accounts when possible, and making sure the numbers always work. By the time they reach financial independence, the nest egg (and/or business equity) is there, but something unexpected happens: the habits that carried them here don't always translate into the next phase.

Stepping back from day-to-day operations brings a new challenge, not about how to save or reinvest, but how to spend — and for many owners, that's a tougher adjustment than it sounds. Today, we're going to unpack that paradox and explore why so many of the best savers/builders struggle the most when it's finally time to enjoy the fruits of their labor.

You can find show notes, resources and more at: https://medspafinancial.com

  continue reading

38 episodes

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