Episodes

  • 043 Financial Resources for Veterinarians
    May 7 2024

    In this episode, we discuss the many financial resources that are out there for veterinary professionals. We share our favorite resources on personal finance and business ownership with books, blogs, podcasts, helpful calculators, courses, and more.

    - Our favorite podcasts on financial topics for vets

    - Resources on Student Loans

    - Compensation resources

    - Veterinary business resources

    - House call vet resources

    - Courses, books, and blogs

    Mentioned in this episode:

    Cody Creelman’s business plan:

    docs.google.com/document/d/1h90hz8GZLEWm1hmnxRHIMBzrqcPLHh2nJeX8NT9v-5c/edit

    VFS Courses: https://vetfinancialsummit.thinkific.com/

    VFS Blog: https://vetfinancialsummit.com/blog/


    Ways to connect with Veterinary Financial Summit:

    VetFinancialSummit.com

    Instagram: @vetfinancialsummit

    Facebook: https://www.facebook.com/VetFinancialSummit

    Email: Leadership@VetFinancialSummit.com

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    34 mins
  • 042 Finding AI’s Role in Modern Vet Med - Sebastian Gabor
    Apr 2 2024

    We asked Sebastian Gabor, Co-Founder of Digitail, about using Artificial Intelligence in veterinary medicine, the accuracy of AI, concerns about using AI, and how to use AI to benefit your practice’s finances.

    - How does AI help with record-keeping and administrative tasks?

    - How common is it for veterinary practices to use AI?

    - What are the issues with the reliability and accuracy of AI systems?

    - What are some other concerns about using AI in vet med?

    - How can AI help your practice finances?


    Ways to Connect with Sebastian:

    Linkedin: https://www.linkedin.com/in/sebastiangabor/

    Website: https://digitail.com/


    Download “AI in Veterinary Medicine: The Next Paradigm Shift” study: https://links.digitail.com/ai_vet_med_study


    Ways to connect with Veterinary Financial Summit:

    VetFinancialSummit.com

    Instagram: @vetfinancialsummit

    Facebook: https://www.facebook.com/VetFinancialSummit

    Email: Leadership@VetFinancialSummit.com


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    31 mins
  • 041 Financial Advice For Your Younger Self
    Mar 5 2024

    We published a blog recently by Dr. Phil Zeltzman (co-founder of VFS) called What Financial Advice Would You Give Your Younger Self? He interviewed some of the best minds in veterinary medicine about what advice they would have given themselves, knowing what they know now. In this episode, we expand on some of the takeaways from that blog.

    - Tips for saving: High Yield Savings Accounts, Emergency Funds, and Automation

    - Building credit: Credit Cards, Loans, Rent

    - Investing: Roth IRA, 401(k) & 403(b), the “3 bucket strategy”, and Real Estate

    - Student loan mistakes, how to tackle them, and saving for the tax bomb

    - Career / Practice Ownership: Contracts, Practice Ownership as an investment

    - Living Fully: Intentionally saving for the future, spending on what you enjoy

    - Philosophy: Using CE money to learn new skills, making financial education a part of your continuing education



    Mentioned in this episode:

    Financial Advice For Your Younger Self Blog: https://vetfinancialsummit.com/what-financial-advice-would-you-give-your-younger-self/

    Student Loan Planner ($100 off discount link): https://bit.ly/3V4iYJa

    Debt-Free Vets Facebook Group: https://www.facebook.com/groups/1220774971268317

    Episode 32 of the Veterinary Financial Podcast: Best Practices for Job Seekers


    Ways to connect with Veterinary Financial Summit:

    VetFinancialSummit.com

    Instagram: @vetfinancialsummit

    Facebook: https://www.facebook.com/VetFinancialSummit

    Email: Leadership@VetFinancialSummit.com


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    41 mins
  • 040 COGS: The Second Largest Cost in a P&L - Emmitt Nantz
    Feb 6 2024

    We asked Emmitt Nantz, Co-Founder of Inventory Ally, about the factors that drive inventory costs, COGS and how to calculate them, who should manage inventory at a vet practice, and common mistakes.

    - What are the factors that drive inventory costs?

    - How can practices keep costs under control?

    - What are COGS and how do we calculate them?

    - Why shouldn’t practices rely on their PIMS to manage inventory?

    - Who should be in charge of inventory in a small practice?

    - What are some common mistakes vet practices make with managing inventory?

    - What is Inventory Ally?

    - What was the experience like winning the pitch competition at the Veterinary Innovation Summit?


    Ways to connect with Emmitt:

    Website: https://inventoryally.com/

    Email: emmitt@inventoryally.com

    LinkedIn: https://www.linkedin.com/in/emmitt-nantz/


    Ways to connect with Veterinary Financial Summit:

    VetFinancialSummit.com

    Instagram: @vetfinancialsummit

    Facebook: https://www.facebook.com/VetFinancialSummit

    Email: Leadership@VetFinancialSummit.com



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    31 mins
  • 039 Retaining Talent Through Financial Empowerment - Michael Natale
    Jan 2 2024

    We asked Michael Natale, a licensed veterinary technician and talent acquisition and retention manager with Veterinary Emergency Group about his interest in personal finance, advice for colleagues trying to save for retirement or buy a home, staff retention, and financial tips for support staff.

    - How did Michael get started in vet med and become interested in personal finance?

    - What would Michael say to a support staff member who feels like they can’t save for retirement or buy a house?

    - What is Michael’s role as a talent acquisition and retention manager?

    - What are some interesting ideas to retain staff?

    - Which staff are the hardest to retain in vet hospitals?

    - What is Michael most excited about in his current roles?

    - What are Michael’s best financial tips for support staff?

    Ways to connect with Michael:

    Instagram: @thevetmedteacher

    Ways to connect with Veterinary Financial Summit:

    VetFinancialSummit.com

    Instagram: @vetfinancialsummit

    Facebook: https://www.facebook.com/VetFinancialSummit

    Email: Leadership@VetFinancialSummit.com


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    20 mins
  • 038 Innovative Vet Paths: Leadership & Mentorship - Dr. Mary Buss
    Dec 5 2023

    We asked Mary Buss, veterinarian and the VP of Veterinary Operations at Hometown Veterinary Partners, about her experience in mentorship, developing leadership skills, practice ownership opportunities, and non-traditional veterinary roles.

    - How has Mary’s interest in leadership and mentorship evolved?

    - How can veterinarians become better mentors?

    - What should a new grad look for in a mentor?

    - How can veterinarians improve their leadership skills?

    - What are some options out there now for vets who want to be practice owners?

    - What is Mary’s advice for vets who want to pursue a non-traditional role, but don’t know where to start?


    Ways to connect with Mary:

    LinkedIn: https://www.linkedin.com/in/dr-mary-buss-5184433b/

    Email: marybuss@hometownvetpartners.com


    Ways to connect with Veterinary Financial Summit:

    VetFinancialSummit.com

    Instagram: @vetfinancialsummit

    Facebook: https://www.facebook.com/VetFinancialSummit

    Email: Leadership@VetFinancialSummit.com


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    33 mins
  • 037 It's Never Too Late to Invest - Dr. Jason Balara
    Nov 7 2023

    We asked Jason Balara, board-certified veterinary surgeon, real estate investor, and CEO of Lark Capital Group, about getting started with real estate investing, multi-family syndication investments, financial freedom, and his podcast “Know Your Why”.

    • Why did Jason decide to get started with real estate investing?
    • Where along the financial journey might real estate be a good fit?
    • What are multi-family syndication investments?
    • What is the new fund that Jason has started?
    • What does “Know Your Why” mean to Jason?
    • What does financial freedom mean to Jason?


    Ways to connect with Jason:

    https://www.larkcapital.com/

    Email: jason@larkcapital.com

    LinkedIn: https://www.linkedin.com/in/jasonbalara/

    Instagram: https://www.instagram.com/larkcapital/


    Ways to connect with Veterinary Financial Summit:

    VetFinancialSummit.com

    Instagram: @vetfinancialsummit

    Facebook: https://www.facebook.com/VetFinancialSummit

    Email: Leadership@VetFinancialSummit.com


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    38 mins
  • 036 Financial Fitness for All - Kelly Cronin
    Oct 3 2023

    We asked Kelly Cronin, veterinary technician, entrepreneur, speaker, travel hacker, and millionaire about how she got started with short-term rentals, her experience speaking to veterinary teams on financial fitness, and her best travel hacking tips.

    - What is Kelly’s background in veterinary medicine?

    - How did Kelly get started with short-term rentals?

    - What short-term rentals does Kelly have and where are they located?

    - How do people find out about her short-term rentals?

    - What topics does Kelly speak on and what message does she share?

    - What are some limiting beliefs Kelly sees with veterinary team members regarding finances?

    - What is VetTechLife?

    - What are Kelly’s best travel hacking tips?



    Ways to connect with Kelly:

    VetTechLife: https://vettechlife.com/

    Cronin’s Castles: https://croninscastles.com/

    VetTechLife Financial Fitness Facebook group: https://www.facebook.com/groups/1565420814266226

    LinkedIn: https://www.linkedin.com/in/kellylynncronin/

    Email: kelly.lynn.cronin@gmail.com

    Instagram: @kelly.lynn.cronin


    Ways to connect with Veterinary Financial Summit:

    VetFinancialSummit.com

    Instagram: @vetfinancialsummit

    Facebook: https://www.facebook.com/VetFinancialSummit

    Email: Leadership@VetFinancialSummit.com




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    37 mins