Rethinking your mindset around your team & delegation with Dr. Mike Neal, OD

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Recorded04 Nov 2024

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Welcome to this episode of 20/20 Money! My guest on today's show is Mike Neal, OD. Mike joins me on the show to talk about something that we've indirectly talked about on various episodes in the past: delegation. Specifically, we talk about the mindset shift that happened for Mike when he started looking at his team as an investment in the business and the opportunity cost of him hanging onto so many trivial and administrative tasks in the practice…and what happened to him and his business when he let go of those items and focused his time on the best and highest impact activities in the practice. As a reminder, you can get all the information discussed in today's conversation by visiting our website at integratedpwm.com and clicking on the Learning Center. While there, be sure to subscribe to our monthly "planning life on purpose" newsletter that's filled with tips and ideas to help you plan your best life, on purpose. You can also set up a Triage conversation to learn a little bit more about how we serve in the capacity of a personal and professional CFO: helping OD practice owners around the country reduce their tax bill, proactively manage cash flow, and make prudent investment decisions both in and out of their practice to ultimately help them live their best life on purpose. Lastly, if you're interested in learning more about the 20/20 Money Membership, a platform that we created to help ODs become "brilliant at the financial basics," please check out the link in the show notes of this episode to learn more. And with that introduction, I hope you enjoy my conversation with Dr. Mike Neal, OD. Resources: 20/20 Money Membership Information Atomic Habits Email us your best delegation task Bonus structures that work for non-OD team members w/ Dr. Michael Neal, OD

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