Building Your Dream Business with Dr. Christopher H. Loo
03/08/23 • 24 min
Glenn and Julie have the pleasure of chatting with the amazing Dr. Christopher H. Loo from the Financial Freedom for Physicians podcast.
Together, they explore the entrepreneurial journey, focusing on how doctors and other incredibly talented folks dive into the business realm.
It is a super informative discussion, full of useful tips, down-to-earth advice, and some really interesting ideas to help entrepreneurs like you make your way through the ups and downs of building and expanding your own successful business.
This episode is brought to you by PureTax, LLC. Tax preparation services without the pressure. When all you need is to get your tax return done, take the stress out of tax season by working with a firm that has simplified the process and the pricing. Find out more about how we started.
Empowering Moments
00:00 Realizing the shift from task to business.
06:19 Honest conversations with trusted team for entrepreneurs.
09:39 Define vision, roles, and communicate for success.
12:39 Professionals need business skills beyond their expertise.
14:05 Understanding and communicating with entrepreneurs and spouses.
17:48 Understanding the importance of charging in business.
20:23 Fiercely protect and build a successful culture.
Empowering Takeaways
The importance of entrepreneurs (especially physicians) stepping aside from trying to handle every aspect of their business themselves. Hiring a competent team can significantly accelerate success.
Shift the focus from merely performing tasks to actively managing and growing the business. Building an organization that can flourish independently of the entrepreneur is key.
Cultivate a reliable team both internally and externally (advisors and mentors) who offer honest feedback and support, essential for business growth and personal balance.
Foster a culture of open and honest communication within the business. Ensure that every team member understands their role and is aligned with the company's overarching goals.
Track and measure financial data accurately. Entrepreneurs need real-time data to make informed decisions, rather than running their businesses blindly or from a checkbook.
Recognize and address the isolation many entrepreneurs feel. Building a supportive community around entrepreneurial struggles and successes can mitigate this feeling.
Engage actively with spouses or significant others in the entrepreneurial journey. Ensuring they are informed and supportive can greatly enhance an entrepreneur's ability to succeed.
Professionals, including physicians, should confidently charge fair value for their services. Understand your worth and balance your desire to help others with the need to sustain your business.
Establish and fiercely protect a positive and constructive company culture by defining core values, ensuring everyone understands their roles, and addressing toxic influences quickly.
Embrace the notion that running a business is a continuous learning process. Allow grace for mistakes along the way and remain flexible and adaptable to evolving circumstances.
Running a business doesn’t have to run your life.
Without a business partner who holds you accountable, it’s easy to be so busy ‘doing’ business that you don’t have the right strategy to grow your business.
Stop letting your business run you. At Harper & Co CPA Plus, we know that you want to be empowered to build the lifestyle you envision. In order to do that you need a clear path to follow for success
Our clients enjoy a proactive partnership with us. Schedule a consultation with us today.
Download our free guide - Entrepreneurial Success Formula: How to Avoid Managing Your Business From Your Bank Account.
Copyright 2025 Glenn Harper
https://creativecommons.org/licenses/by-nd/4.0/
Glenn and Julie have the pleasure of chatting with the amazing Dr. Christopher H. Loo from the Financial Freedom for Physicians podcast.
Together, they explore the entrepreneurial journey, focusing on how doctors and other incredibly talented folks dive into the business realm.
It is a super informative discussion, full of useful tips, down-to-earth advice, and some really interesting ideas to help entrepreneurs like you make your way through the ups and downs of building and expanding your own successful business.
This episode is brought to you by PureTax, LLC. Tax preparation services without the pressure. When all you need is to get your tax return done, take the stress out of tax season by working with a firm that has simplified the process and the pricing. Find out more about how we started.
Empowering Moments
00:00 Realizing the shift from task to business.
06:19 Honest conversations with trusted team for entrepreneurs.
09:39 Define vision, roles, and communicate for success.
12:39 Professionals need business skills beyond their expertise.
14:05 Understanding and communicating with entrepreneurs and spouses.
17:48 Understanding the importance of charging in business.
20:23 Fiercely protect and build a successful culture.
Empowering Takeaways
The importance of entrepreneurs (especially physicians) stepping aside from trying to handle every aspect of their business themselves. Hiring a competent team can significantly accelerate success.
Shift the focus from merely performing tasks to actively managing and growing the business. Building an organization that can flourish independently of the entrepreneur is key.
Cultivate a reliable team both internally and externally (advisors and mentors) who offer honest feedback and support, essential for business growth and personal balance.
Foster a culture of open and honest communication within the business. Ensure that every team member understands their role and is aligned with the company's overarching goals.
Track and measure financial data accurately. Entrepreneurs need real-time data to make informed decisions, rather than running their businesses blindly or from a checkbook.
Recognize and address the isolation many entrepreneurs feel. Building a supportive community around entrepreneurial struggles and successes can mitigate this feeling.
Engage actively with spouses or significant others in the entrepreneurial journey. Ensuring they are informed and supportive can greatly enhance an entrepreneur's ability to succeed.
Professionals, including physicians, should confidently charge fair value for their services. Understand your worth and balance your desire to help others with the need to sustain your business.
Establish and fiercely protect a positive and constructive company culture by defining core values, ensuring everyone understands their roles, and addressing toxic influences quickly.
Embrace the notion that running a business is a continuous learning process. Allow grace for mistakes along the way and remain flexible and adaptable to evolving circumstances.
Running a business doesn’t have to run your life.
Without a business partner who holds you accountable, it’s easy to be so busy ‘doing’ business that you don’t have the right strategy to grow your business.
Stop letting your business run you. At Harper & Co CPA Plus, we know that you want to be empowered to build the lifestyle you envision. In order to do that you need a clear path to follow for success
Our clients enjoy a proactive partnership with us. Schedule a consultation with us today.
Download our free guide - Entrepreneurial Success Formula: How to Avoid Managing Your Business From Your Bank Account.
Copyright 2025 Glenn Harper
https://creativecommons.org/licenses/by-nd/4.0/
Previous Episode
An Inspiring Conversation with Phil Yeager, from Yaeger CPA Review
Glenn Harper and Julie Smith have an inspiring discussion with successful CPA and entrepreneur Phil Yeager about his incredible journey.
Phil shares his struggles and successes in his journey, and what it took to turn his vision into a successful business. He also provides invaluable lessons he has learned along the way, from pivoting to teaching classes online to finding the right employees.
Hear inspiring advice from Phil on how entrepreneurs can overcome the valleys and reach the peaks.
Running a business doesn’t have to run your life.
Without a business partner who holds you accountable, it’s easy to be so busy ‘doing’ business that you don’t have the right strategy to grow your business.
Stop letting your business run you. At Harper & Co CPA Plus, we know that you want to be empowered to build the lifestyle you envision. In order to do that you need a clear path to follow for success
Our clients enjoy a proactive partnership with us. Schedule a consultation with us today.
Download our free guide - Entrepreneurial Success Formula: How to Avoid Managing Your Business From Your Bank Account.
Copyright 2025 Glenn Harper
Next Episode
Real Estate Entrepreneurship and Success Stories
Entrepreneur Dani Beit-Or shares his journey from starting a small business in high school to pursuing his passion for real estate investing in the United States.
Discover how Dani and his wife took a leap of faith, moving to California with just a few thousand dollars, driven by the promise of new opportunities. We'll discuss how Dani's company, Simply Do It Real Estate Investments, empowers investors to find success in the real estate world by simplifying the process and offering invaluable mentorship.
He discusses his superpower of open communication, listening, and containing difficult situations, and how he uses it to help his clients simplify the real estate investment process.
Dani emphasizes the importance of having good advisors and CPAs for entrepreneurs and offers his expertise and approachability to listeners looking for guidance in their business ventures.
This episode is brought to you by PureTax, LLC. Tax preparation services without the pressure. When all you need is to get your tax return done, take the stress out of tax season by working with a firm that has simplified the process and the pricing. Find out more about how we started.
Empowering Moments
04:10 Financial trigger led to successful problem-solving career.
08:20 Embracing patience and communication as superpower.
09:39 Encouragement and upbringing led to entrepreneurship decision.
12:40 Challenging times led to reevaluating business path.
16:30 Tasted freedom, work hard, success likely.
28:40 Started journey with limited funds, faced challenges.
34:12 Joined real estate business, became successful advisor.
35:22 Simplifying real estate investment opportunities across regions.
39:50 Excitement in creating programs and meeting clients.
48:23 Reconnecting leads to unexpected benefits in business.
51:47 Transitioning mentorship to share business knowledge.
Empowering Takeaways
Building and maintaining long-term relationships with clients can lead to unexpected property purchases and deals, reducing the need for active solicitation.
Dani Beit-Or underscores the importance of offering investment opportunities to existing clients first, showcasing loyalty and prioritizing long-term partnerships.
Dani's current passion lies in mentoring and guiding others in business, leveraging his extensive real estate experience to help emerging entrepreneurs.
Glenn Harper and Julie Smith discuss the essential role of good advisers and CPAs in entrepreneurship, emphasizing the need for proper accounting to manage and grow a business.
The discussion highlights the difficulties many entrepreneurs face with accounting tasks, pointing out the necessity to prioritize core business activities over administrative burdens.
Dani shares his experience of moving to the U.S. and how it offered an abundance of opportunities compared to Israel, driven by a desire for a successful career in a new environment.
Dani sees himself as a real estate financial planner, specializing in simplifying investment opportunities and making less expensive properties accessible to clients nationwide.
Dani emphasizes the importance of living up to his word with clients even years after purchases, and highlights his communication skills as his superpower in resolving crises and managing expectations.
Glenn Harper discusses the evolution from pursuing financial gain to a deeper purpose of helping others achieve greatness, resonating with Dani's passion for mentoring.
Dani's journey reflects early signs of entrepreneurial spirit, such as managing small businesses and problem-solving, which eventually led him away from a traditional engineering career to a fulfilling role in real estate and mentorship.
Running a business doesn’t have to run your life.
Without a business partner who holds you accountable, it’s easy to be so busy ‘doing’ business that you don’t have the right strategy to grow your business.
Stop letting your business run you. At Harper & Co CPA Plus, we know that you want to be empowered to build the lifestyle you envision. In order to do that you need a clear path to follow for success
Our clients enjoy a proactive partnership with us. Schedule a consultation with us today.
Download our free guide - Entrepreneurial Success Formula: How to Avoid Managing...
Empowering Entrepreneurs - Building Your Dream Business with Dr. Christopher H. Loo
Transcript
[0:00:00] Glenn Harper: Hello, everybody. It's Glenn Harper here.
[0:00:02] Julie Smith: Julie Smith.
[0:00:02] Glenn Harper: How'S it going?
[0:00:03] Julie Smith: It's going well. I got my coffee there.
[0:00:05] Glenn Harper: You're lucky I missed out on today. But we just had a really cool conversation with Dr. Christopher lou on the Financial Freedom for a physician's podcast. What a great conversation that was.
[0:00:15] Julie Smith: What a great conver
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