Ep. 024 – PD – Wealth Formula Podcast Founder & Physician Entrepreneur Buck Joffrey M.D.

Introducing Dr. Buck Joffrey, In this Episode we will learn about: His journey to entrepreneurship –  How he got burned out on academic medicine.  How he used media and marketing to grow a successful practice.  Buck share’s his simple formula for how to create a successful business, one which he has used 4 different times. CosmeticsSinus SurgeryBehavioral Therapy (autism)Wealth Formula (financial education)  Why owning real estate by himself directly wasn’t as lucrative as joining as a limited partner in larger projects.  Why just looking at a proforma tells you nothing about how a project will ultimately do.  Why getting to know the operator personally is more important than the specific project you may be looking at.  What is the Wealth Formula Podcast – Financial Education for people with money How the podcast has evolved over time.  Buck’s pivot into Syndication and how he uses Newtonian Physics to evaluate a project.  How investing without “leverage” makes it almost impossible to become very wealthy in a relatively short time period.  Buck explains how he’s never met a millionaire who became one investing in mutual funds.  Why “conventional wisdom” can be wrong especially when it comes to investing.  Why being trained as a Physician can actually be a detrimental when it comes to your investments. March 1 and 2nd 2019 – EventTax benefits of Investing in Real EstateApartment Investing Projectshttp://www.wealthformulaevents.com/titans-of-multifamily-real-estate-seminar