CBP 92: The Economics of Starting a Practice

Considering starting a cash-based practice or online business? Here’s my advice on the top things to consider in your decision-making process that will ensure you are geared toward success.This “highlight” is from a full interview I did with Chad Prince.

More specifically, we discuss these cash-based practice topics:

• Setting realistic expectations for profit margins, overhead costs, and the overall time commitment.
• The importance of leveraging experts instead of doing it all yourself.
• Approaches for hiring online contractors to make sure you get what you need.
• The best strategy for developing a new product that will sell.