A Shot of Inspiration podcast with host Greg Stephens and guest Dr. David Phelps dives into his pivot from dentistry to founding Freedom Founders, the family crisis that reshaped his priorities, and why he helps practice owners invest for time freedom, not just more money. Actionable real-estate lessons, resilient mindset, and impact-first leadership.
3 Key Takeaways:
- Time is the real ROI—build investments that buy discretionary time.
- Start simple: single-family real estate builds skill, cash flow, and options.
- Impact over scale: intimate communities transform lives faster.
About David:
Dr. David Phelps owned and managed a private dental practice for over 21 years. While still in dental school, he partnered with his father on their first rental property—an investment that sparked a lifelong passion for real estate and ultimately grew into a portfolio generating consistent cash flow.
When his young daughter, Jenna, was diagnosed with leukemia and later underwent a liver transplant, David chose to leave clinical practice to be fully present with her. His real estate investments became the “Plan B” that gave him the freedom to focus on what mattered most—family.
Today, Dr. Phelps is a nationally recognized speaker and founder of the Freedom Founders Mastermind Community, where he helps professionals turn their hard work into lasting financial freedom and create lives of purpose and impact.
Resources:
Podcast: freedom founders.com/podcast
Book: Scaling Time vs Wealth: http://bit.ly/4puSw8i
Book: What’s Your Next: http://bit.ly/45UUjM6
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