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EP 485: $2.5M Foot Doctor Revenues, Launches InfoProduct, Does $750K with Dr Dan Margolin

EP 485: $2.5M Foot Doctor Revenues, Launches InfoProduct, Does $750K with Dr Dan Margolin

Released Monday, 21st November 2016
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EP 485: $2.5M Foot Doctor Revenues, Launches InfoProduct, Does $750K with Dr Dan Margolin

EP 485: $2.5M Foot Doctor Revenues, Launches InfoProduct, Does $750K with Dr Dan Margolin

EP 485: $2.5M Foot Doctor Revenues, Launches InfoProduct, Does $750K with Dr Dan Margolin

EP 485: $2.5M Foot Doctor Revenues, Launches InfoProduct, Does $750K with Dr Dan Margolin

Monday, 21st November 2016
Good episode? Give it some love!
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Dr. Dan Margolin, a practicing Podiatrist with over 27 years of experience and a practice that ranks from the top 3% in the country. Dan’s second and current practice is widely successful compared to his first. Listen as Dan talks about podiatry and his new business which he co-founded, Effective Management.

Famous Five:

  • Favorite Book? – The 10x Rule
  • What CEO do you follow? –  Tony Hsieh
  • Favorite online tool? — Testing Academy
  • Do you get 8 hours of sleep?— No
  • If you could let your 20-year old self, know one thing, what would it be? – “I wish I knew to look for mentors a little bit more”

 

Time Stamped Show Notes:

  • 01:35 – Nathan introduces Dan to the show
  • 02:15 – A podiatrist deals with health issues concerning the feet including sprains
  • 02:32 – Dan generates revenue from his patients and sometimes, from insurance companies
  • 02:39 – Dan’s ultimate goal is for the patients to be well
  • 02:51 – In the long-term, Effective Management will be the bigger stream of revenue
  • 03:10 – A podiatrist earns $ 300,000 to $ 500,000 a year
  • 03:26 – The Podiatry Survival Blueprint  a video of Dan’s job description
  • 03:47 – Dan generated $2.4 million in podiatry in 2015
  • 03:55 – Effective Management earned $300,000 in its first year
  • 04:14 – Dan loves helping people so he launched the Effective Management program
  • 04:50 – Expenses hindered Dan to just give away the program
  • 05:25 – Team size
  • 05:43 – Go to BasicStaffTraining.com to find Dan’s info product
    • 06:41 – He provides 4 different products
    • 07:27 – There is an initial fee and monthly recurring fee
    • 08:04 – 2016 revenue is a bit over $400,000
    • 08:12 – There are 300 different companies in their system
  • 08:30 – The Podiatry Survival Blueprint is sold at $6500
  • 09:15 – Dan uses Schoox to run the membership page
  • 09:44 – Current MRR
  • 09:58 – Dan contacted his own patients as prospective clients
  • 10:35 – Connect with Dan through his website and get a free copy of his book Fast Tracking Your Prosperity
  • 12:15 – The Famous Five

 

3 Key Points:

  • There are TONS of ways to help people, be it in your field or not.
  • Find people who will help you run the business, ESPECIALLY in the areas where you struggle.
  • Have a mentor and be involved. Be a sponge and absorb everything.

 

Resources Mentioned:

  • Toptal – Nathan found his development team using Toptal  for his new business Send Later. He was able to keep 100% equity and didn’t have to hire a co-founder due to the quality of Toptal  developers.
  • Host Gator – The site Nathan uses to buy his domain names and hosting for the cheapest price possible.
  • Freshbooks – The site Nathan uses to manage his invoices and accounts.
  • Leadpages  – The drag and drop tool Nathan uses to quickly create his webinar landing pages which convert at 35%+
  • Audible – Nathan uses Audible when he’s driving from Austin to San Antonio (1.5-hour drive) to listen to audio books.
  • Assistant.to – The site Nathan uses to book meetings with one email.
  • Acuity Scheduling – Nathan uses Acuity to schedule his podcast interviews and appointments
  • Drip – Nathan uses Drip’s email automation platform and visual campaign builder to build his sales funnel.
  • DrDanSpeaks.com – Dan’s website
  • Show Notes provided by Mallard Creatives
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