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Tell the people you love how you feel.

My wife often tells me I am a buffoon, and to be quite honest, she may have a point. Generally, women tend to be practical about most things. They have friendships where they share everything. They are more open about their feelings, too. They are not afraid to show how much they love either. When […]

It’s Time We Talked

People do not like talking about money. They don’t like talking about their wealth or their money habits. So, talking to elderly parents about money is usually a no-go area. But having to talk to them about death AND money? We are going into ‘I would instead go into a tank full of starving sharks’ […]

What is Wealth? It’s Not What You Think It Is

If you have emailed me recently, you will know from my autoresponder that I was away. Again. Yes, I was on leave, but did not see it as a holiday. The idea was to see my elderly mother, who is 84 years old, in India. Well, that is what I told everyone. But between you […]

Exit? … Do it with a plan!

Disastrous News! It seems about a third of medical business owners are planning to exit their business by selling up. That in itself is not a bad thing. But selling up without having an exit strategy in place? Yeah….. that’s not a wise thing to do. Why? Well, because experience says that if you do, […]

Insurance Companies … Profits, Claims & Survival

We have all seen the advertisements which show how much our insurance companies care about us. RACQ, which likes to show there is always a claim person on hand as soon as a disaster hurricane strikes. Or maybe AAMI, which is always beside the car, ready to pick you up the moment a tire comes […]

What is Your Identity? And Should You Have a Business Identity?

As you know, I am constantly trying to educate myself. That means I often go on courses. Some are good. Some are bad. And some are just awful. Most people think a course is bad because the subject is boring. I can tell you it has nothing to do with the subject. Accounting is boring […]

ATO – Showing Its True Colours!

As you know, I have been saying for some time that the ATO is about to show its true colours. And it looks like they have just started. It is something we noticed over time. Stricter telephone calls, unwilling to negotiate and quite happy to leave things as they are. But now we are seeing […]

Do Your Peers Matter?

As you know, when it comes to writing (or talking), I try not to fluff. I am a kind of say-it-as-it-is sort of guy. And that usually means I don’t care too much about general noise in the medical business space. I keep my eye on key people in the industry, key influencers, and those […]

What’s the Magic Number?

I get asked this question almost every week by medical professionals. And I never know the answer. You would think an intelligent man like me would be able to work it out but obviously not. It’s probably the reason my wife thinks I am not intelligent. Ask her, and she will tell you I am […]

Educate Your Children or They Will Lose Your Money

Alarming news! It appears I was born in the wrong generation. My kids are going to have all the fun, and that, quite frankly, is unfair. Did you know that over the next 20 years, the next generation will be inheriting $3.5 trillion? I didn’t know, and now I am a bit cranky about it. […]