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

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

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