{"version":1,"type":"rich","provider_name":"Libsyn","provider_url":"https:\/\/www.libsyn.com","height":90,"width":600,"title":"#195: Jerry Vinson: Know your Financial Freedom Number","description":"OVERVIEW: Jason A. Duprat, Entrepreneur, Healthcare Practitioner, and host of the Healthcare Entrepreneur Academy podcast talks with Jerry Vinson, CRNA, and creator of the Live Wealthy Formula. Jerry looks back on the events that led him to start his current business and shares his thoughts on several wealth creation strategies. &amp;nbsp; EPISODE HIGHLIGHTS:  Jerry got his hard work ethic and entrepreneurial mindset from his dad. He double-majored in chemistry and psychology. He became a nurse practitioner and then a CRNA, but that left him with a loan debt of $205,000. After getting burned out, Jerry educated himself on personal finance, money management, and wealth creation strategies. Know your financial freedom number and then work towards it to create the life you desire.&amp;nbsp; Jason and Jerry share their thoughts on Dave Ramsey and Robert Kiyosaki. Jerry talks about whole life and term life policies as a wealth creation strategy. He presents the advantages of alternative investing like cryptocurrency and discusses IRAs as well, including using an IRA to invest in crypto.&amp;nbsp; Jerry doesn\u2019t invest in stocks because he hasn\u2019t been able to beat the market. Jason and Jerry highlight why business is a wealth-building and retirement vehicle. Jerry shares an overview of his Live Wealthy Formula program. It starts with having the right mindset. Steps 1 and 2 are about money management. Step 3 is about wealth creation strategies and step 4 is focused on taking action on what you\u2019ve learned.&amp;nbsp;&amp;nbsp; Invest first and then live the life you want. We tend to reverse these concepts.&amp;nbsp; Together, everyone achieves more.&amp;nbsp;  &amp;nbsp; 3 KEY POINTS:  Mindset and money management are the basic foundations of improving any area in your life. Use what you\u2019ve learned and take action. Investing in a business gives you an asset to generate revenue. You can sell the business or pass it on to your children. You can also leverage the business to invest in other things. It doesn\u2019t matter how much money you make. What does matter is what you do with your money and how you live your life while making money.  &amp;nbsp; TWEETABLE QUOTES: \u201cThere are so many different things you can do with your money.\u201d - Jerry Vinson \u201cFigure out how to make the most of your current income.\u201d - Jerry Vinson &amp;nbsp; CONNECT WITH JASON DUPRAT: LinkedIn | Facebook | Instagram | Youtube | Facebook Group &amp;nbsp; RESOURCES:  Sign up for one of our free business start-up Masterclasses by heading over to https:\/\/healthcareboss.org\/masterclass\/ Have a healthcare business question? Text me at 386-284-4955, and I\u2019ll add you to my contacts. Occasionally, I\u2019ll share important announcements and answer your questions as well. Do you enjoy our podcast? Leave a rating and review: https:\/\/lovethepodcast.com\/hea  &amp;nbsp; ","author_name":"Healthcare Boss Academy Podcast","author_url":"https:\/\/www.healthcareboss.org","html":"<iframe title=\"Libsyn Player\" style=\"border: none\" src=\"\/\/html5-player.libsyn.com\/embed\/episode\/id\/19305962\/height\/90\/theme\/custom\/thumbnail\/yes\/direction\/forward\/render-playlist\/no\/custom-color\/88AA3C\/\" height=\"90\" width=\"600\" scrolling=\"no\"  allowfullscreen webkitallowfullscreen mozallowfullscreen oallowfullscreen msallowfullscreen><\/iframe>","thumbnail_url":"https:\/\/assets.libsyn.com\/secure\/content\/104460005"}