I was interviewed – extensively – by Scott at Making Momentum; check it out!

Hi, Team! Today I’m sharing a snippet from one of my guest posts on another blog (Making Momentum). Scott, who runs the site, reached out with an opportunity for me to be interviewed and to share my story with his readers. And I’ll just say that going through this process was a blast! Scott didn’t pull any punches with his questions and I made every effort to answer fully and to the best of my ability. Much of these topics haven’t been covered on my site… Yet. But I am taking the inspiration and some of the content to rework my “About Mike” page. So, needless to say, Scott’s interview made a significant impression on me. Below is a short snippet, but if you want the full 4,000+ word experience, please click over to Scott’s site. I’ll be monitoring the comments on the Making Momentum interview and on this post, so […]

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How to minimize the impact of negative reviews on your business

It’s Saturday at noon. You and your sig-other are brainstorming new restaurants for dinner tonight. After much deliberation, probably some constructive back-and-forth, and a few “I’m not feeling Mexican tonight”’s you settle on your final two options. Knowing that Saturday night is a sacred thing and to waste one would be treasonous, at best, you want to make sure you make the right selection. If you haven’t done this already, what’s the first thing you’ll do to help aid your decision…? Let’s all say it together:   “Check out their reviews!!” Thanks all, I was thinking the same.   I could use the same illustration with moving to a new town and looking for a new set of doctors, child care facilities, neighborhoods, dry cleaners, etc… With about 90% of customers reading online reviews and 88% admitting to trusting those reviews as much as a personal recommendation (source), it is […]

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Our unorthodox path to $X00,000 of debt – and what we’re doing about it

Twitter

Yes – I call myself a personal finance blogger. AND… Yes – that mysterious crooked number with five zeros after it does represent a relatively recent picture of the debt we have amassed as a family.   (Photo by MKulp Photography)   This story is a bit different from the other personal finance bloggers you’ll read about. There’s no tale of a mansion we couldn’t afford that went under. Over-priced cars that cost us thousands. Lavish vacations paid for with tomorrow’s money (credit cards)… I guess I did lose about $15,000 during the market crash, but that doesn’t equate to nearly a million dollars in debt, right?? Correct. In fact, we’ve lived a relatively frugal lifestyle and we understand the process of coming up with new excuses every weekend as to why dinner out with friends wouldn’t be an option. We’ve argued with utility companies, shopped for the best rewards […]

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Shout-out: Identity Theft (Fired and Free)

Hello all! Our Saturday morning shout-outs highlight a post/article/book/other that I’ve come across lately that deserves exactly that: a ‘shout-out.’ The goal here is to hopefully introduce my readers to other authors or bloggers that have had an impact on me, my writing, and my life. This week’s shout-out is: Identity Theft from Dan over at Fired and Free. Imagine you grow a business from an idea in your mind 10 years ago. You nurture that idea, turn it into a profitable business, hire a bunch of employees, and drive the ship toward success. After 10 years, you are CEO of a multi-million dollar business. Then, one day after a board meeting you’re fired – and everything you thought you knew about your life isn’t as it had appeared. How would you handle that situation?   Well here’s how Dan handled it and this one is as honest and raw […]

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Shout-out: 1,000 True Fans (Kevin Kelly)

Hello all! Our Saturday morning shout-outs highlight a post/article/book/other that I’ve come across lately that deserves exactly that: a ‘shout-out.’ The goal here is to hopefully introduce my readers to other authors or bloggers that have had an impact on me, my writing, and my life. This week’s shout-out is: 1,000 True Fans by Kevin Kelly. Kevin Kelly has many noted accolades in his bio that a simple Google search will surely reveal to you, but for our purposes, I’ll just say that he’s the founding editor of Wired magazine and that Tim Ferriss has referred to him as possibly the most interesting man in the world. And when I first heard of all his accomplishments and praise in combination with a discussion of this article (1,000 True Fans), I did the search and expected to find a multi-page, novel-like dictation of his thesis. I mean, everyone and their brother has […]

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The good, the bad, and the perplexing – business relationships over the past year

The amount of information I’ve learned throughout the process of buying and running a business is laughable. For many reasons.   1) We thought we knew what we were doing before we got started – ha. 2) Who knew that a dental practice manager needs to know how many Cubic Feet per Minute (CFM) an HVAC unit needs to output per square foot of office space? – I didn’t 3) Some people are truly kind, good-hearted, and want to see you succeed. Other’s could care less once you no longer matter to their bottom line. …   – And the most important thing I’ve learned – …   9672) Relationships are the most important key to long-term success (caveats: we’ve been in business for just over 4 months now and this is an assumption, but I don’t foresee a scenario where this isn’t true).   Customers, business partners, employees, your […]

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Beyond the burnout and why I haven’t posted in 3 months

Man, we had a good thing going back there. There were the 5-am workouts, the 9-5, the family, our new business, and over 100 posts without a serious break. For about 9 months I had this thing rocking on all cylinders, was saying things like “Sleep is for the weak,” getting a ton of things done, and actually being a good husband/dad (unconfirmed reports). I bet you can guess what happened in October, though???   And although it pains me to admit this weakness, a weakness it was: I. Burnt. Out.    For me, burnout looked like sleeping in until 6, the regular 9-5, all family time after work, and 15-30 minutes on the business in the evenings. For workouts, I would squeeze 12 minutes of running into my day either picking up Clara from school or literally running to the drugstore. I did 100 burpees for time. I repped […]

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“Pay them well and keep them forever”

This was the mantra one advisor kept coming back to when Monica and I would ask questions about staff development, turnover, and longevity. How do we find good people? What makes them stay? How can we find out if an employee may be bad, or worse – a cancer – to the team??   This advisor kept coming back to, “Pay them well and keep them forever.”   I narrowly thought he was only referring to the employee’s wage, but over time I started to see how this mantra and attitude permeates into much more than how much an employee earns.     We’ve been in the process of hiring our newest team member for the past couple of months and I’m starting to see the truth in the saying that ‘good people are hard to find.’   It’s not that candidates are unqualified or unmotivated. In fact, many have […]

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Cathartic reflections on an anxiety riddled 7-months

I wrote what’s below at 10:00 pm on day-2 of our recent beach vacation (also 2 days after completing the acquisition of MFD). I went back-and-forth on whether or not to publish this article. Perhaps it would be best served as just a personal exercise for me getting some of these thoughts out of my head and onto the page, but… Anxiety has been something I’ve dealt with indirectly for a decent amount of time, and although this was my first real bout, many people we know have gone toe-to-toe with the anxiety foe at one time or another. If you can relate, maybe this will speak to you. If not, I’ll be back to the financial posts and uplifting (attempting) humorous posts next week. As always, thanks for being here!   -Mike   (ps- it takes a couple paragraphs for me to find some traction. Bear with me)   […]

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Well… We bought a dental practice!!! (“The Project”)

You may be thinking to yourself, “Wait. He’s not a dentist…?”   Correct you are. My wife, on the other hand – 100% Doctor of Dental Surgery (DDS).   I’m writing this article in June of 2017, and as we near our closing date (June 30, 2017) on “the practice” (hereinafter referred to as Monfredi Family Dental – I’ve read so many documents written by lawyers lately…), I cannot wait to share much of what we’ve been through in the past 7-ish months (we started the process for buying this practice in December 2016).   I’ve heard some people that I have great respect for say recently, “…Getting an MBA can be a huge waste of time and money. You should just start a business. At least that way you have a chance to make your money back…”   Well… We indirectly took them up on that offer.   And, although […]

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