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Shared Practices | Your Dental Roadmap to Practice Ownership | Custom Made for the New Dentist
Explore the essential steps to securing financing for your dental practice with Richard Low, Steve Steinbrunner, and Brian Carroll from Provide. From liquidity requirements to real estate expansion, this episode outlines best practices for both startups and acquisitions—plus details on the July Pathway to Practice Ownership event. Check out our events page https://sharedpractices.com/events/ for more details.
In today's VETgirl online veterinary continuing education podcast, Brian Cavanaugh, co-founder and partner at VetValue talks about the importance of planning practice ownership exit transitions. A successful transition away from practice ownership involves more than just deciding to 'sell my practice.' Tune in to learn about resources available to you as you explore and navigate your next transition!Sponsored By: VetValue
In the Dental Success Network and Dental Success Institute, hitting black belt status means achieving 50% take-home revenue as a practice owner. But how do you get there? Today, Dr. Killeen breaks down the key overhead targets—from staff costs to supplies and labs—that make this level of profitability possible. If you're not at 50% yet, don't worry. Tune in for practical steps to optimize expenses, improve efficiency, and move closer to financial mastery in your practice!
Nigel Jones, Director at Practice Plan Group, is joined by Andy Acton, Director at Frank Taylor and Associates to talk about some of the challenges of being an independent practice owner and how to make owning a practice more enjoyable and ultimately successful. What you'll hear: Current challenges of running a dental practice Opportunities for practice owners What does an optimised practice look like Importance of monitoring KPI's
Building a systemized dental practice can feel like chipping away at solid rock—slow, exhausting, and sometimes discouraging. Today, Dr. Killeen shares the story of Robber's Cave in Lincoln, NE, and how one man's relentless effort to dig it out mirrors the journey of practice ownership. Progress may be slow, but with the right tools, you can speed it up. Tune in to hear how persistence pays off and how DSN resources can help you break through faster!
In this episode, Dr. Deb Peters shares her journey as a dentist, practice owner, and leader in the dental community. She discusses the challenges and rewards of balancing family life with a dental career, the importance of mentorship, and the evolving role of women in dentistry. Dr. Peters emphasizes the significance of defining personal values, finding fulfillment in the profession, and the impact of organized dentistry on her career. She offers valuable advice for new dentists navigating their paths and highlights the importance of continuous growth and community involvement.Dr Deb's Book Recommendations:The Next Conversation by Jefferson FisherSuper Communicators by Charles DuhiggEveryone Communicates, Few Connect by John MaxwellDeveloping the Leader Within You 2.0 by John MaxwellIt's About Time by Valorie BurtonSuccessful Women Think Differently by Valorie Burton (She's currently revising so look for new release soon)Atomic Habits by James ClearDr Deb's Podcast Recommendations:Maxwell Leadership PodcastMaxwell Executive Leadership PodcastWorking Genius PodcastMel Robbins podcastJefferson Fisher podcastEngage with the podcast on Instagram: https://www.instagram.com/dentaldownloadpodcastHaley's Instagram: https://www.instagram.com/dr.haley.dds Keywordsdentistry, female dentists, practice ownership, women in dentistry, mom dentists, maternity in dentistry, dental maternity leave, life harmony, work-life balance, organized dentistry, mentorship, leadership, family, fulfillment, career transition, dentist retirement, business owner, dental practice owner, career advice, dental practice sale transition
In this candid conversation, Anna and Kendall discuss the realities of work-life integration for wellness practice owners. They challenge the concept of "balance," preferring to focus on integration and intentional choices around how they spend their time.As Kendall notes, "I think most of us mean integration when we say balance. Right. That we're hoping for in owning our own business is that we can go to our kids school and see their project... we can build our own schedule, we can have our weekends... and we can feel integrated and grounded."The hosts share practical strategies they use to maintain boundaries while acknowledging the inevitable overlap between business and personal life. They respond to questions about discussing business with partners and children, working from home, and preventing work from consuming family time.Both Anna and Kendall emphasize the importance of self-care, with Anna noting, "I take a lot of time off, and I'm unapologetic about it." They acknowledge that maintaining these boundaries is an ongoing practice rather than a perfect system.This episode offers realistic perspectives on work-life integration, with both hosts sharing their personal experiences, challenges, and strategies for maintaining wellbeing while running successful wellness practices.Get all the links, resources and show notes here: https://wellnesscentercreators.comSponsored by Jane App, Jane offers online booking, charting, scheduling, secure video and invoicing on one secure, beautifully designed system: https://jane.app/ Use code wellness1mo for a one-month grace period on your new Jane account.
Dr. Armin Feldman's Pretrial Prelitigation Medical Legal Consulting Coaching Program will teach you to build your own nonclinical consulting business as a valued consultant to attorneys without doing med mal cases or expert witness work. Armin will teach you everything from business concepts to the medicine involved when launching your new consulting business during one year of unlimited coaching. For more information go to nonclinicalphysicians.com/mlconsulting/ Learn the business and management skills you need by enrolling in the University of Tennessee Physician Executive MBA program at nonclinicalphysicians.com/physicianmba. Get the FREE GUIDE to 10 Nonclinical Careers at nonclinicalphysicians.com/freeguide. Get a list of 70 nontraditional jobs at nonclinicalphysicians.com/70jobs. =============== On the podcast this week, John discusses the concept of Direct Primary Care (DPC). First appearing in the early 2000's, this type of practice is characterized by the elimination of third party payers. In most cases, insurance billing is replaced by a subscription or “membership” model in which patients prepay for their care on a monthly or quarterly basis. The typical DPC practice agrees to provide a comprehensive set of outpatient services that meet the needs of most patients. Hospitalizations and high-cost surgeries are generally covered by traditional insurance. Under this model, the elimination of insurance billing results in lower overhead, less paperwork, fewer employees, and better access by expanding the use of texting, phone calls, email, and telemedicine. Office visits are generally longer and more comprehensive with less time spent on paperwork. While originally designed for primary care, there are examples of specialty-based DPC-style payment arrangements. John describes why this can be the solution to burnout and a way to recover the joy of practicing medicine while earning a very good income. He also explains that creating a DPC practice requires extensive planning and significant financial resources, but less than opening a traditional practice. And he offers his thoughts on transitioning from employment to your own DPC practice. You'll find links mentioned in the episode at nonclinicalphysicians.com/direct-primary-care-practice/
"If owning a practice is a priority, we need to prepare." Connect With Our SponsorsGreyFinch - https://greyfinch.com/jillallen/MyOrthoVA - https://www.myorthova.com/get-startedSmileSuite - http://getsmilesuite.com/ Summary In this conversation, Jill and Matt Kroeker discuss the essential aspects of starting and managing a dental practice, focusing on financial preparations, the importance of a supportive banking partner, and navigating the complexities of loan disbursements and construction costs. Matt shares insights from his extensive experience at Bank of America, emphasizing the significance of planning and networking for aspiring practice owners. Connect With Our Guest Bank of America - https://www.bankofamerica.com/smallbusiness/business-financing/practice-solutions/dentist-loans/ Takeaways Matt Kroeker has been with Bank of America for almost 15 years, focusing on helping small business owners.Young doctors should prepare early for practice ownership to avoid future financial pitfalls.Understanding loan rates is important, but the structure of payments is crucial for success.A long-term banking partner can provide support beyond just financing.The loan disbursement process involves multiple stages and requires timely payments to avoid delays.Construction costs have significantly increased, impacting startup budgets.Networking is essential for building a supportive team in the dental field.Having a clear vision for your practice helps in achieving long-term goals.Emotional intelligence is vital for managing business challenges effectively.Planning ahead and asking questions can prevent financial stress during startup.Chapters 00:00 Introduction to Matt Kroeker01:58 Preparing for Practice Ownership06:06 Understanding Loan Rates and Terms09:59 The Importance of a Long-Term Banking Partner15:04 Loan Disbursement Process Explained22:04 Navigating Construction Costs26:51 Final Advice for Aspiring Practice Owners Are you ready to start a practice of your own? Do you need a fresh set of eyes or some advice in your existing practice? Reach out to me- www.practiceresults.com. If you like what we are doing here on Hey Docs! and want to hear more of this awesome content, give us a 5-star Rating on your preferred listening platform and subscribe to our show so you never miss an episode. New episodes drop every Thursday! Episode Credits: Hosted by Jill AllenProduced by Jordann KillionAudio Engineering by Garrett Lucero
In this episode, Doc Danny tackles an often-overlooked challenge in running a business—the impact of stress and anxiety on mental health. Starting and growing a clinic comes with financial insecurity, long hours, and constant uncertainty, which can take a toll on both personal and professional well-being. He shares insights on how to navigate the emotional ups and downs of entrepreneurship while maintaining strong relationships and avoiding burnout. Key Takeaways: ✔ The emotional toll of running a business and how financial uncertainty affects mental health ✔ Why balancing clinical and business skills can be overwhelming—and how to manage it ✔ The challenges of task-switching between clinician, business owner, and leader ✔ How business stress can spill into personal life and impact relationships ✔ The importance of having a mentor to provide clarity and reduce anxiety ✔ Why business mentorship is crucial for long-term success and peace of mind ✔ How defining your business goals (lifestyle, scalable, or sellable) can bring clarity and reduce stress ✔ The role of therapy or a support group in managing stress effectively Resources Mentioned:
Why learn the hard way when you can avoid costly mistakes from the start? This week on Dentistry Unmasked, Pam and David sit down with Jonathan Miller to uncover the most common—and expensive—mistakes new practice owners make. Despite seasoned professionals sharing their hard-earned lessons, many new owners still fall into the same traps. Tune in to discover these pitfalls and, more importantly, how to steer clear of them. Start your practice off right and set yourself on the path to long-term success!
In this Ortho Marketing episode, Dean Steinman is joined by industry experts Cathy and Samantha Konner from Proviser. They dive into the world of insurance and business growth. Tune in as we discuss key strategies, common pitfalls, and expert tips to help you protect and scale your business effectively!Ready to elevate your practice? Contact us!https://orthomarketing.com/contact-us/ About Cathy KonnerSince 1996, Cathy Konner had been helping her clients from every walk of life, create financial strategies to meet thier goals. In 2020, an invitation to speak at UMDNJ's School of Dental Medicine, changed her direction. Recognizing that the Students, Residents and Faculty were immensely underserved, she decided to focus her business to serve the Dental industry as well as Medical. Fast forward to today, her practice helps over 5,000 clients navigate their personal and business finances. From graduating Dental School to becoming an associate and then transitioning into Practice Ownership, her team does it all. About Samantha KonnerSamantha Konner shifted her career path from being in the Hospitality Industry to joining the Financial Services Industry in early 2018, and with good intent. After a decade in the Hospitality world, an industry that she truly loved, Samantha realized that she was working a job that was no longer satisfying her desire to create experiences. Recognizing that her mother's practice had become successful in helping others throughout the duration of their lives, not just for a weekend or a night, Samantha decided that her career path should be one of just that - helping others to protect and prosper in their lives. Samantha joined her mother, Cathy, in her practice to work with dental professionals uncover plans that bring security, clarity, and wealth maximization strategies to their futures. For more information, visit www.proviserprotect.us
In this Ortho Marketing episode, Dean Steinman is joined by industry experts Cathy and Samantha Konner from Proviser. They dive into the world of insurance and business growth. Tune in as we discuss key strategies, common pitfalls, and expert tips to help you protect and scale your business effectively!Ready to elevate your practice? Contact us!https://orthomarketing.com/contact-us/ About Cathy KonnerSince 1996, Cathy Konner had been helping her clients from every walk of life, create financial strategies to meet thier goals. In 2020, an invitation to speak at UMDNJ's School of Dental Medicine, changed her direction. Recognizing that the Students, Residents and Faculty were immensely underserved, she decided to focus her business to serve the Dental industry as well as Medical. Fast forward to today, her practice helps over 5,000 clients navigate their personal and business finances. From graduating Dental School to becoming an associate and then transitioning into Practice Ownership, her team does it all. About Samantha KonnerSamantha Konner shifted her career path from being in the Hospitality Industry to joining the Financial Services Industry in early 2018, and with good intent. After a decade in the Hospitality world, an industry that she truly loved, Samantha realized that she was working a job that was no longer satisfying her desire to create experiences. Recognizing that her mother's practice had become successful in helping others throughout the duration of their lives, not just for a weekend or a night, Samantha decided that her career path should be one of just that - helping others to protect and prosper in their lives. Samantha joined her mother, Cathy, in her practice to work with dental professionals uncover plans that bring security, clarity, and wealth maximization strategies to their futures. For more information, visit www.proviserprotect.us
Questions? Thoughts? Send a Text to The Optometry Money Podcast!In this episode, Evon welcomes Dr. Chad Fleming back to The Optometry Money Podcast. Dr. Fleming shares his experiences with strategic planning and explains how setting aside time to work on the business through a strategic planning week has helped him scale his practice operations. They discuss how private practice owners can improve leadership, reduce chaos, and increase profitability through intentional planning.Evon and Dr. Fleming dive into the nuts and bolts of what a strategic planning week entails, how to execute it, and why it's essential to long-term business success.In This Episode:What's the difference between growth and scale for optometry practices?The concept of working on vs. in your business and why stepping away is crucial.What happens to a practice and the owner when there's no intentional planning time.How Dr. Fleming's annual strategic week helped him plan, lead, and reduce turnover.Practical advice on creating a productive planning getaway—from choosing a location to preparing resources.Measuring and implementing your strategic ideas when you return to the practice.Episode Highlights:[00:04:40] Scaling vs. growth: defining both for practice owners[00:06:10] Working on your business versus working in it: practical examples[00:18:22] Dr. Fleming's annual strategic planning getaway explained[00:23:05] How to prepare and gather your thoughts for a productive planning session[00:35:00] Tracking key performance indicators (KPIs) to measure success[00:40:06] Exciting opportunities in the future of private practice optometryResources:Contact Dr. Chad Fleming: Email him at chad@pipgpo.comLinkedIn: Connect with Dr. Fleming on LinkedInPast Podcast Episodes: Check out more episodes with Dr. Fleming in our podcast archive:Ep. 118: Adding Private Label to Improve Margins Without Compromising Quality with Dr. Chad FlemingEp. 17: Assessing the Health of Your Optometry Practice with Dr. Chad FlemingEp. 6: Navigating Associate Contracts, Practice Ownership, and Partnerships with Dr. Chad FlemingConnect With Us:For more podcast episodes, blog articles, and optometry-specific financial resources, visit www.optometrywealth.com.To learn more about working with Evon and the team at Optometry Wealth Advisors, CLICK HERE to schedule a free consultation.The Optometry Money Podcast is dedicated to helping optometrists make better decisions around their money, careers, and practices. The show is hosted by Evon Mendrin, CFP®, CSLP®, owner of Optometry Wealth Advisors, a financial planning firm just for optometrists nationwide.
In the second episode of our brand-new series, “In the Loupe”, Nigel Jones, Director at Practice Plan Group sits down with Paul Graham, Managing Director of Medical team at Christie & Co, to discuss the current state of the dental practice sales market. What you'll hear: Trends over the last few years Growth in smaller corporate groups Focus on quality of sites rather than quantity The impact of the National Insurance hike for employers Rising costs and other challenges Valuations of practices with NHS contracts.
Episode 133 – Mark Costes, D.D.S. on High-Level Practice Ownership and Philanthropy by The Dental Amigos
In her conversation with Dr. Kerl, Dr. Julia Georgesen shares her journey from aspiring veterinarian to Vice President of Strategic Sourcing at Mars Veterinary Health. She discusses her early influences, career development, and the challenges and rewards of owning a veterinary practice. Julia emphasizes the importance of teamwork, quality in veterinary medicine, and the role of partnerships in enhancing animal health. She also highlights her current responsibilities in sourcing and quality assurance, and the significance of having veterinary technicians involved in decision-making processes. Dr. Georgesen discusses the vital roles of veterinary technicians, the importance of sustainability in veterinary practices, and her involvement in charitable work aimed at improving access to veterinary care. She also shares insights on global vaccination efforts in Africa through her work with the Africa Network for Animal Welfare- USA and offers advice for veterinarians considering career changes, emphasizing the value of relationships and staying curious.Visit our website: vcavoice.comAll episodes produced by dādy creative
Why do so many highly educated professionals struggle with managing their business finances? How can shifting your money mindset transform your practice and your life? In this episode, Dr. Lauryn sits down with Danielle Hendon, founder of 4 Corners CFO, to explore how small business owners can build financial confidence and align their money mindset with their business goals. Whether you're battling debt, overwhelmed by numbers, or simply looking to better understand your financial picture, this episode is packed with insights to help you thrive.Together, Dr. Lauryn and Danielle unpack a range of topics, including why doctoral programs often skip essential business training, how to calculate your financial “runway” for starting a business, and the importance of approaching debt with intention. They also dive into identifying required costs versus good investments, balancing present-day spending with long-term goals, and the power of budgeting to tell your business's financial story. If you've ever felt lost in the numbers or unsure about your next financial move, this conversation is for you.Danielle Hendon is the founder and owner of 4 Corners CFO, a firm offering financial advisory services tailored to small business owners. With over a decade of experience in corporate finance and accounting, Danielle combines her expertise with a passion for empowering entrepreneurs. Instead of helping corporations increase share prices, she now helps business owners boost their livelihoods and create lasting legacies in their communities. Through her work, Danielle brings the benefits of big-business financial analysis to a personal scale, making financial success accessible and actionable for her clients.Learn all about 4 Corners CFO and what they have to offer!Get all of Danielle and 4 Corners links here, including free consult calls, podcast links, worksheets, and more!Follow Danielle: Instagram | LinkedIn– – – – – Sign up for the Multipassionate Chiropreneur waitlist here!Sign up here to receive our monthly associate job postings email.Join the Weekly Slay mailing list HEREIf you want to submit a question or have feedback, make sure to tell us:Website | Instagram | Facebook– – – – – Mentioned in this episode:Do you need help in your practice with the busy work that you or your staff don't like doing? If you said yes, then you've got to check out the virtual chiropractic assistants offered by Chiro Matchmakers.Chiro MatchmakersInterested in Molly Cahill's Holistic Marketing Hub? Hit the link to learn more and use code "sheslays" at check out for $200 off your purchase.Holistic Marketing...
This week, the Dental Amigos welcome Valerie Woo, D.M.D. entrepreneur, pediatric dentist, and dental consultant. She leverages her extensive experience to consult, guide, and mentor dentists, helping them transform chaotic practices into thriving, well-organized businesses. She integrates leadership, marketing and operational systems into customized programs, providing strategic guidance that is both practical and compassionate. Dr. Woo discusses her journey from the beginning of her career as a pediatric dentist, to growing her practice and selling to a DSO. Then, she and the Amigos talk about her use of personality assessments to better understand one's strengths and how they align with the demands of practice ownership. Dr. Woo emphasizes the importance of personal growth and challenges, outside perspectives, and accountability. To get in touch with Dr. Woo or schedule an initial discovery call with her, visit her website www.drvaleriewoo.com. You can also find her on Instagram @drvaleriewoo. Listeners who want to reach out to Paul can do so at Paul@DentalNachos.com and those who want to reach out to Rob can do so at Rob@RMontgomery-Law.com.
In this episode, I spoke with Sara Stanizai, a remarkable speaker, coach, licensed therapist, and the founder of Prospect Therapy, a queer- and trans-affirming practice, that serves first-generation American and immigrant communities, about identity work, group practice challenges, and the journey of personal and professional growth 3 key takeaways: Embracing Identity in Therapy: It's crucial to integrate our own lived experiences and identities in the therapeutic process. Sara emphasizes that it's important to disclose thoughtfully to build relatability and safety with clients. Challenges and Rewards of Group Practice: Running a group practice involves more complexity and responsibility than a solo practice. It's essential to understand the dynamics and be prepared for the challenges of leadership and mentorship. Constant Learning and Adaptation: Sara discusses how important it is for therapists to continually unlearn and relearn concepts as they grow professionally. This includes challenging ingrained stereotypes and biases to better serve their clients and themselves. More about Sara: Sara Stanizai, LMFT (she/her) is a speaker, coach, and licensed therapist who founded Prospect Therapy to create a queer- and trans-affirming practice that focuses specifically on serving first-generation American and immigrant communities. As a queer first-gen herself, Sara's clinical and professional work focuses on serving the Afghan diaspora, specifically fellow Afghan-American women, through retreats and group experiences that help participants find community and reconciliation with self, culture and ancestry Website: sarastanizai.com Website: prospecttherapy.com –––––––––––––––––––––––––––––––––––––––––––––––––––––––––
Learn more and sign up for Fetch On-Demand here today. Ashley Randall, DVM, brings her passion for animal care and advocacy for underserved communities together as the founder and CEO of Muse Veterinary Group. After earning her Doctor of Veterinary Medicine from Tuskegee University in 2009, Randall quickly became a rising talent treating pets at The Village Vets of Decatur. Her skills in surgery, dentistry, and emergency medicine speak for themselves. Yet her vision stretched beyond building an individual practice. Randall dreamed of creating opportunities for the next generation of vets, especially vets of color, to carry on the legacy of care in their neighborhoods. In 2015, she took a bold step - purchasing and renovating a defunct clinic to establish the West End Animal Wellness Center. Serving over 6,000 clients, the Wellness Center became a pillar in a vibrant local community. Now Randall is taking her advocacy work further with Muse Veterinary Group. By acquiring respected black-owned clinics, she preserves their legacies while empowering new vets to learn from the best. Her own journey lights the way, from Tuskegee graduate to practice owner to an entrepreneur building bridges between communities. At Muse, she's creating space for women of color to excel in a field where representation matters. Meet the vet rewriting the script and honoring the past while cultivating the talents of the future. Her drive to open doors for others is what makes Randall a leader worth watching and supporting. We're proud to have her vision guiding the way at Muse Veterinary Group.
In this episode, Matt tells a story about how he spent his weekend at the office as a way to help you reframe your mindset around practice ownership. Many things we see as "bugs" are often "features" that afford us all the benefits of practice ownership. Listen and see how you might be able shift your mindset. Connect with us: • Learn more about 1-on-1 coaching • Get access to TLP Academy • Suscribe to The Lifestyle Practice Podcast • Email Derek at derek@thelifestylepractice.com • Email Matt at matt@thelifestylepractice.com • Email Steve at steve@thelifestylepractice.com
In this episode, Dr. Jason Auerbach, oral maxillofacial surgeon, shares his journey from dental school to building a successful multi-location practice. He discusses the importance of specialization in oral surgery vs performing procedures as a GP, the significance of strong relationships with general dentists, and the strategies he employed to scale his practice. Dr. Auerbach also emphasizes the need for a unique patient experience, the qualities he looks for in associates, and how he balances his professional and personal life. Additionally, he shares insights on his social media presence as the 'Bloody Tooth Guy' and offers valuable advice for dental students and residents.
Thinking about expanding your dental practice by adding associates? Discover the crucial factors that determine the right timing and strategy to effectively integrate new team members with insights from Dr. Ben Kacos of Shreveport Dental Solutions. We uncover the common pitfalls practice owners face, whether it's bringing on associates too late due to trust issues or burnout, or too early in an attempt to scale prematurely. Learn how to read key indicators, such as the number of periodic exams per month, that signal when it's time to bring on an associate, and why avoiding a scarcity mindset is essential for balanced growth.Text us your feedback! Mention the Dental Practice Heroes Podcast and get your first month free at www.relevanceonlinemarketing.com the DPH Hero Collective will teach you how to work less days, make more money, and achieve the life/work balance you've always wanted by giving you a scaleble business, instead of a job.You will get: ✓Comprehensive Training to level up your team and practice✓Live Monthly Webinars to make sure you are moving forward✓Live Question and Answer Sessions to get you help when you need it✓A Community of practice owners to support and cheer you on✓System and Protocol Documents to Edit, to standardize your operations And Remember, we are actual dentists! At DPH, we don't coach you on anything we haven't personally accomplished ourselves. Visit www.dentalpracticeheroes.com to Learn more.
Welcome to the special 200th episode of the Business of Aesthetics podcast! In this milestone episode, we dive deep into the world of aesthetic practice management with insights from industry leaders. Our hosts, Dr. Lauren Sad, Dana Zeitler, and Naren Arulrajah, share their experiences, challenges, and strategies for running successful aesthetic practices. This episode is packed with practical advice on marketing, staffing, financial management, and more. Whether you're a seasoned practice owner or just commencing, this episode is filled with priceless lessons to help you grow your business.
All good things must end, including this special series. But not before my chat with the delightfully analog David Clinton, a dear friend and former practice owner. After exiting his group practice just as the pandemic hit, David found his happy ending (or beginning) as a solo therapist with a limited online presence. His 20+ year career reminds us that we can contribute good things to this field by cultivating stubborn hope and an embodied way of being no matter which professional space we inhabit. GUEST BIO David Clinton (he/him) is a licensed counselor who has worked in private practice for over 20 years in the western suburbs outside of Chicago. During that time he has served as a clinician, supervisor, and group practice owner. Authentic Leaders Group Are you a therapist stepping into leadership for the first time? Or maybe you've been in a leadership position for a while, but are bumping up against new struggles? Our Authentic Leadership Group is here to help you become the authentic and wholehearted leader you aspire to be. And we believe this journey is best undertaken with the guidance of experienced mentors alongside fellow learners. Next cohort starts November 2024! Join Sarah in this journey of self-discovery and leadership mastery, where you'll enhance your leadership skills and forge meaningful connections with fellow therapists who are committed to their own growth and the betterment of the therapy field. Register now at https://www.headheartbiztherapy.com/authentic-leaders-group SUPPORT THE SHOW Conversations With a Wounded Healer Merch Join our Patreon for gifts & perks Shop our Bookshop.org store and support local booksellers Share a rating & review on Apple Podcasts *** Let's be friends! You can find us in the following places… Sarah's Website: www.headheartbiztherapy.com/podcast Facebook: https://www.facebook.com/HeadHeartBizTherapy/ Instagram: @headheartbiztherapy Anne's Website: www.spareroomwellness.com Instagram: @spareroomwellness
Brews and Tiny Teeth, The Unfiltered Pediatric Dentistry Podcast
Dr. Reed Faldet is a young dentist and entrepreneur who has built an 8-figure commercial real estate portfolio. He has transitioned out of full time dentistry to focus on real estate. We have a great discussion all about real estate, including the following topics: - How has the market for commercial real estate changed? - When does it make sense to lease a practice space compared to buying and building? - What options are there if you don't have the cash for a down payment? - How does lending work for practice loans? - What are the tax benefits to owning real estate, and how does depreciation work to lower taxable income? Dr. Faldet also helps partner and mentor with dentists looking to purchase their real estate but who need help along the way. His email is info@dentalrepartners.com
Send Us A Question!Welcome to a very special episode of Questions With Crocker! This episode Dr. Crocker and Shane are joined by Dr. Emily King and her husband Richie King! Together they co-founded All-Star Veterinary Clinic and are here to not only discuss the ups and downs of practice ownership but what they'd like to see changed in the veterinary industry.Episodes release weekly on Thursdays at 9am EST and are available on all podcast platforms including a video version on YouTube!Have a question or inquiry for the podcast? Email questionswithcrocker@gmail.com, text us from the link above, or message on social media platforms.TikTok: https://www.tiktok.com/@questionswithcrockerInstagram: https://www.instagram.com/questionswithcrocker/YouTube: https://www.youtube.com/channel/UClk4BQm7SRDXJpdzraAkKRwTIMESTAMPSIntro 00:00The King's Background 03:14What Caught Shane Off Guard The Most When Buying A Clinic 08:42Growing A Clinic As One Veterinarian 12:22All-Star Veterinary Clinic's Online Pharmacy 16:18Why Dr. King Wanted To Become A Practice Owner 21:56Toxicity In Vet Med 25:50The Debt-To-Income Ratio 29:00Predicting A Shift In The Vet Med System 40:48The Growth Model Of All-Star Veterinary Clinic 43:04Our Best And Worst Decisions In Vet Med 48:14Outro 57:36
Guest: Kelsi Mangrem, Au.D. - Owner of Holland Hearing Center Kelsi joins Dave on the podcast this week to discuss: - Her backstory, route into Audiology, and how she ultimately decided to purchase a private practice to own & operate - Reminiscing on the first year of owning Holland Hearing Center - failing, learning and growing - Methods for growing her network of fellow entrepreneurs and business owners and the benefits of cultivating that type of professional network - The realities of owning and operating a private practice in 2024 - threats and opportunities - Making the decision to remove third party administrator (TPA) plans from her offering - How to differentiate a private practice in 2024 - Leaning into effective, modern digital marketing strategies
Path to Ownership: Dr. Josh Raiffe's background in dentistry, growing up in a dental family, and early exposure to the business. The Decision to Buy: After being unexpectedly fired from his associate position, Dr. Josh Raiffe considered starting up his own practice but ultimately decided to acquire an existing one. Importance of a Buyer's Representative: Dr. Josh Raiffe emphasized the value of having a buyer's representative to protect his interests during the acquisition process. Challenges of Ownership: The transition period was challenging, including managing staff turnover, financial adjustments, and balancing clinical duties with administrative responsibilities. The Importance of Team Building: Dr. Josh Raiffe stressed the significance of fostering a positive work environment. Balancing Clinical and Business Roles: The podcast explored the dual responsibilities of a dentist-owner, highlighting the importance of both clinical expertise and business acumen. Personal Growth and Ownership: Dr. Josh Raiffe connected personal growth, emphasizing the importance of self-awareness and overcoming personal challenges to become a better business person. Additional Notes: Dr. Josh Raifee promoted his children's book, "Josh and Gigi's Toothbrush Adventure," 100% of the proceeds benefit "Prevent Child Abuse America." Purchase on Amazon: https://www.amazon.com/Josh-Gigis-Toothbrush-Adventure-Raiffe/dp/B0CVNWKLPZ Contact Dr. Josh Raiffe to offer the book in your dental practice. joshuasraiffe@gmail.com https://www.sheadentalaz.com/00:00 Intro Music 1:52 Dr. Josh Raifee 5:10 Why Become An Owner? 9:00 Working As An Associate 11:47 Start Up vs. Acquisition 15:23 Hiring a Buyer's Representative 22:01 Negotiating a Fair Price 25:31 Seller Stays On After Sale 28:17 Managing People & Teams 34:52 Listen to Your Gut 36:33 Owner vs. Associate 44:42 Josh's Children's Book for CharityDental Unscripted host :Michael Dinsio is a dentist's buyer representative, helps dentists buy dental practices step-by-step through the acquisition process. With over a decade of experience and more than 500 dental transactions, Michael is a key opinion leader in the dental industry. If you would like a free consult with Michael or would like to work with Michael in the future visit his webpage. https://www.nxlevelconsultants.com/buyer-representation.htmlDENTAL UNSCRIPTED HAS A WEBSITE ! ! !https://www.dentalunscripted.com START UP UNSCRIPTED PODCAST - We talk about starting up a dental practice from scratch! https://www.youtube.com/@StartUpUnscripted FOR UPDATES & FOLLOW: WATCH EPISODE HIGHLIGHTS ✨on Facebook, Instagram, and LinkedIn. Interact with Michael, ask questions, and connect with fellow listeners there as well. https://www.facebook.com/DentalUnscripted https://www.instagram.com/dentalunscripted/ https://www.linkedin.com/company/dental-unscripted/ Intro Music by D Fine Us on https://artlist.io/song/15785/howling
Dr. Desiree Yazdan, a cosmetic dentist and practice owner, shares her experience of balancing motherhood and running a dental practice. She intentionally started her practice before having kids and found a good balance between work and family life. She emphasizes the importance of setting boundaries and giving oneself grace as a working mom. Dr. Yazdan also discusses how she transitioned from working long 12 hour days to only working 13 hours a week. She shares how she built her skills in cosmetic dentistry through continuing education and mentorship. She also shares her insights on utilizing social media to market her practice and the importance of building a personal brand as a doctor. Dr. Yazdan on IG: https://www.instagram.com/dryazdan/ Dr. Yazdan's website/coaching: https://dryazdancoaching.com/ Engage with the podcast on Instagram: https://www.instagram.com/dentaldownloadpodcast Haley's Instagram: https://www.instagram.com/dr.haley.dds Make your podcast on Riverside: https://www.riverside.fm/?utm_campaign=campaign_5&utm_medium=affiliate&utm_source=rewardful&via=haley
The Billion Dollar Podcast is weekly business insight by Dr. George Hariri and Dr. Matt Guarino. These business partners look through the REAL lens of business development, realities of the world and their personal / professional lives. We talk facts, and we talk candidly, so you've been warned! Outside of The Billion Dollar Podcast, George is the CEO of Shared Practices, Matt is the COO and together, co-host the Shared Practices podcast. http://bdppod.com/ 00:02 - Welcome Back to BDP 00:38 - Rating the Hosts 01:05 - Alex's Concentric Circles 02:13 - Matt G's Dentures and Implants 03:15 - Rumor Mill: Breaking News 06:20 - SPG: Platform vs. Practice Ownership 09:45 - Listener Questions 16:29 - Political Debate 30:38 - Marketing and Growth 38:50 - Scottsdale and Sedona Recommendations 43:10 - Wrapping Up: Final Thoughts and Meeting Announcement
Be part of the conversation to help shape the Vet Vault with your feedback. Many of us dream of building a practice, and then one day selling it and walking off into the sunset, minus responsibilities, and with our money problems solved. But what actually happens after what's supposed to be ‘the big goal'? Who are you when you're no longer the boss, and what's next? In this episode, Dr Wolfgang Dohne tells us how he re-invented and reinvigorated his career post the sale of his practice. He also give shares what he's learnt about being a professional locum vet: the pro tips, the pros, and the cons, and what working in telemedicine has taught him about telemedicine as a career option, and also its potential role in our everyday lives in clinical practice. Join us at Science Week for the most cutting edge conference topics out there. Join our community of Vet Vault Nerds to lift your clinical game and get your groove back with our up-to-date, easy-to-consume clinical episodes at vvn.supercast.com. Get help with your tricky cases in our Specialist Support Space. Subscribe to our weekly newsletter here for Hubert's favourite clinical and non-clinical learnings from the week. Topics and Time stamps 04:41 Balancing Work and Personal Life 13:47 The Decision to Sell and Its Impact 23:30 Embracing Locum Work and Telemedicine 28:16 Tips for Successful Locuming 35:22 Overcoming Locum Anxiety 35:45 Essential Tools for Locum Success 36:31 Navigating Different Practice Management Systems 40:51 Building Strong Relationships with Nursing Teams 44:25 Introduction to Telemedicine 48:50 Practical Applications of Telemedicine 53:01 Integrating Telemedicine into Practice Veterinary Ramblings Furthest North
If you're a young dentist you probably have a lot of debt. No doubt, college and dental school cost a fortune these days. But if you have dreams of owning and operating your own practice, that debt shouldn't hold you back. At least that's what our guest Dr. Todd Snyder says. Dr. Snyder is a popular speaker on Viva Learning.com, a cosmetic dentist, international author, lecturer and consultant to dental companies. You can reach Dr. Snyder at: www.Legion.Dentist. Thanks to our episode sponsors: BISCO - https://www.bisco.com/ 3M - https://www.3m.com/clarity-aligners-flex/
Dr. Patrick Anghel started out working as an Office Manager for a dental office, little did he know that would ignite his dental journey and lay the groundwork for his career! He talks about practicing in Vegas, business strategies for dentists, and how staying curious on your dental journey will serve you well in the long run. Ladies & Gentlemen, you're listening to "Confessions From A Dental Lab" and we're happy you're here. Subscribe today and tell a friend so we can all get 1% better :) Connect with Dr. Anghel on instagram at @pat.the.dentist and email him at patrickanghel1@gmail.com Follow KJ & NuArt on Instagram: @lifeatnuartdental Learn more about the lab at nuartdental.com
Welcome to a LIVE episode of Questions With Crocker! This episode is a special one as it was recorded live at AVMA Convention 2024 with the one and only Dr. Peter Weinstein. This episode Dr. Crocker, Shane, and Dr. Weinstein discuss everything and anything you want to know regarding practice ownership.Episodes release weekly on Thursdays at 9am EST and are available on all podcast platforms including a video version on YouTube!Have a question for the podcast? Email questionswithcrocker@gmail.com for your question to be featured on an upcoming episode!TikTok: https://www.tiktok.com/@questionswithcrockerInstagram: https://www.instagram.com/questionswithcrocker/YouTube: https://www.youtube.com/channel/UClk4BQm7SRDXJpdzraAkKRwTIMESTAMPSIntro 00:00How To Start Planning For Practice Ownership 01:58How To Find The Right People & When To Start Your Practice 07:50Choosing The Area Where Your Practice Should Be 15:38Securing A Loan For Your Practice 22:00Buying Into A Multi-Doctor Practice 26:06Two Veterinarians That Want To Start A Practice 31:40Practice Ownership Resources 36:08Putting Aside A Percentage Of Income For Practice Ownership 40:14MBA Programs For Practice Ownership 42:02Keeping Your Legacy After Selling 45:48Outro 50:40
I am the mother of many things: plant babies, doggos, and multiple podcasts. I've also birthed several businesses and quite a few artistic endeavors. But I'm not mama to any little humans. So, when Rachael Sytsma-Ramos, Psy.D, suggested an episode focusing on the dynamics of practice ownership and parenting, I was instantly intrigued. Rachael is mama to two children under five (!!), the founder of Relational Psychology Group, where she also manages a full caseload of 22-24 clients per week beyond typical ownership duties like marketing, bill paying, and supervising. GUEST BIO Rachael Sytsma-Ramos (she/her) is a Clinical Psychologist in the Chicagoland area and mom of 2. Her primary clinical specialties are working with queer and transgender/gender-diverse clients, polyamorous/ethical non-monogamy relationships, and neurodivergent clients. Sprinkle in women's issues, intimate partner violence, and sexual abuse survivors and that's her typical clientele. She practices from a feminist-relational lens and is hell-bent on dismantling systems of oppression with her clients. SUPPORT THE SHOW Conversations With a Wounded Healer Merch Join our Patreon for gifts & perks Shop our Bookshop.org store and support local booksellers Share a rating & review on Apple Podcasts *** Let's be friends! You can find us in the following places… Sarah's Website: www.headheartbiztherapy.com/podcast Facebook: https://www.facebook.com/HeadHeartBizTherapy/ Instagram: @headheartbiztherapy Anne's Website: www.spareroomwellness.com Instagram: @spareroomwellness
Are you an aspiring practice owner feeling overwhelmed by the prospect of starting or buying your own practice? In this episode, Kevin Klingshirn offers indispensable guidance tailored just for you. Drawing from his vast experience, Kevin emphasizes the power of resilience, the importance of seeking mentorship, and the critical need for a clear vision of your ideal practice. We explore how Dentagraphics can be a game-changer in helping you make well-informed decisions by providing location and demographic insights.We dive deep into the intricate challenges that come with starting a business, from spotting the right opportunities to understanding market dynamics. Kevin shares his wisdom on leveraging patient demographics and assessing competition, ensuring you're well-prepared to build a thriving practice. This episode is a must-listen for anyone wanting to harness the power of vision, comprehensive market analysis, and strategic planning in their journey toward successful practice ownership.What You'll Learn in This Episode:Why it's essential not to fear failure in practice ownership.The benefits of seeking help and mentorship in your journey.How to define a clear vision for your practice.The role of Dentagraphics in location and demographic assessments.Key challenges practice owners practice owners face and how to overcome them.The importance of understanding patient demographics and competition.Don't miss this chance to turn your practice ownership dreams into reality. Tune in now!Sponsors:Studio 8E8: Dentistry's story-driven marketing agency. Traditional marketing repels. Story-first dental marketing attracts.We bring your story to life in a way that captivates and connects: https://s8e8.com/affiliates/tdm?utm_source=tdm&utm_medium=affiliate&wc_clear=trueYou can reach out to Kevin Klingshirn here:Website: https://www.dentagraphics.com/Email: kevin@dentagraphics.comMentions and Links: Businesses/Brands:StarbucksChipotleTargetBank of AmericaSoftware/Tools:Google MeetIf you want your questions answered on Monday Morning Episodes, ask me on these platforms:My Newsletter: https://thedentalmarketer.lpages.co/newsletter/The Dental Marketer Society Facebook Group: https://www.facebook.com/groups/2031814726927041Episode Transcript (Auto-Generated - Please Excuse Errors)Michael: Hey, Kevin. So talk to us. What's one piece of advice you can give us this Monday morning,Kevin: Monday morning piece of advice knowing your listeners, know, the primary audience is going to be. Young practice owners, and I'll gear this towards those that haven't started a practice or bought a practice, basically haven't entered practice ownership.This is what we help doctors with. one piece of the big puzzle, right? We'll talk more about it in a bit, but demographics, we help doctors figure out like where to start a practice, where to buy a practice, if a location is good or not. We talk to a lot of nervous practice owners. So what I mean by that is.They're going to be first time business owners. They're going to be serious business owners. The general practice is a serious thing. It's a big production. And it comes with a lot of responsibilities. My advice would be just get used to not knowing what you're doing. Get used to asking for help, get used to doing things that are really unfamiliar and you have no idea how they work.The reason why I can relate to it is just because we started this business about 10 years ago now. Seems like a really long time when you say it out loud, but in those 10 years, just as a, a small business owner here at demographics, we've had to do a lot in terms of running a business, hiring operations, fulfillment of the reports and products that we offer, taxes.everything that comes with just being a small business owner. I would guess the idea is, don't be afraid to fail. Don't be afraid to not know, you're always going to be intimidated, but day. The course, why I want to loop this back is a lot of practice owners. They just won't jump in or they're scared to jump in.it's scary. You're never completely ready. We probably weren't completely ready to. Started business when we started a business, but just with time, with talking to people, figuring out, who, good for your team, who's bad for your team, all the world works. that's the only way you're going to get through it.And that's now how we've created a very successful businesses 10 years later. And I think there's a lot of parallels to practice ownership. Michael: Nice, man. One thing you mentioned is, even if you feel like you're, like, completely unready, still you need to jump in, but what would you say if you're looking at two people who are potentially wanting to own a practice, and you tell them, hey, give it more time to one, and then you tell the other one, oh, no, you're ready, you're just overthinking it.what are the signs of give it more time? Kevin: our case, specifically, give it more time in somebody that just doesn't really know where they want to go. They don't know the type of practice that they want to eventually own.They don't have that vision currently laid out.They maybe have just been almost like peer pressured into, I'm of the age where a lot of my peers are starting or buying dental practices. Therefore I should be as well. Everybody's path different. and this goes back to what I was talking about. You don't need to be ready to handle every part of running a business because you probably never will be.somebody has been trained in a very specialized way through school. And then they do. An associate job for however many years. They still don't learn how to run a business. You'll never know exactly how to run a business, until you really just start doing it. But somebody who is ready versus somebody who's not is having a pretty clear vision for the type of practice that they want to do.Own, they know where, and that's really what we help them with. somebody that doesn't, say, you know, type of patient that I want to work with anybody, where should I go anywhere? Well, I'll make money. That's probably not somebody that's quite ready to jump in. Michael: Now, at Denti Graphics, do you see that a lot?Do you see where people are like, Hey man, I'm just going to be peer pressured? Kevin: The term peer pressure doesn't really come up because it's Negative scary. And maybe they don't want to admit that it is peer pressure, but people that just gone through the motion of school associate work, and now it's probably time to buy a practice or start a practice.So that's what I should be doing, but they're just not ready for it. Michael: Gotcha. Anything you recommend that we can like self evaluate? Because I'm sure some people are listening to this and then they're thinking, Snaps, maybe I've been peer pressured. Maybe I'm looking at my Facebook groups and I'm like, it's time for me to be a practice owner too.Kevin: So for me, I just gauge it by talking to people and you can just tell who's ready, who's not, who's taking this seriously versus who's, just asking the questions that they maybe think they should be asking, or, you know, really green questions. Like, I don't know anything about this. I think I'm looking to start a practice for the first time or buy a practice for the first time.and I guess I should start here. I would go back again to like, knowing generally the type of practice that you want to start or buy in the type of community where you want to start or buy in the general area where you want to start or buy.things like that are what come to mind there. Michael: Gotcha. Okay. And then you also mentioned to get used to asking for help when it comes to what y'all initially do, Is that how that kind of came out to be is like, Hey we'll find the right location, the exact specific thing because you felt that wasn't happening or, Kevin: the business was started by my partner here, Kent, uh, 10 years ago, and his background was in like city planning and figuring out like where within a city might be a good place for a project to take place. my brother actually worked in the dental space. He still does. he was with Bank of America 10 years ago, and he was the one who said, Kent, you know, I think that there's an opportunity for this.and I think you'd be really good at it. And Ken kind of checked it out and he's like, yeah, I do think I'd be really good at that. I jumped on board about a year and a half later, when the business got big enough where he couldn't do it all on his own, but it all started with just like identifying an opportunity.It sounds a little cheesier, funny, but kind of with a focus on things like maps and data demographics. Figuring out like where within a city would be a good place do something. I've always been intrigued with like, how does Starbucks and Chipotle and target, how do they figure out where to put their stores?So then when we had a target on the dental space. It was both, a good opportunity to tackle, and Kent had experience in it. I did not to be frank, but something that interests me, just from the job and everything's where I took off from there. Michael: Nice man. Now I've heard of this and I've seen this and we've had a lot of, uh, people on the podcast who either have looked at a location and then they said, the demographics don't work, but I'm still going to do it.Or they've gone the other way, right? Where doesn't work and I'm not going to do it. Now, the ones where it says, I'm still going to do it. What I guess to you, would you recommend if someone goes through this whole process and says, I still want to do it here and it's okay, then just do it. Kevin: Sure. Michael: But is there a, better solution or what do you think?Kevin: I've always saw it. Cause we've talked to people like that. It's like, I'm from this quaint town in California. That's really competitive. And I'm going to start or buy a practice there. I'm going to start a practice there because there's no practices there to buy. If that's your mindset and that's what you want to do, you should do that.doesn't matter how much competition there is. would say, look at, the type of practice that you want to start or buy. And presumably, if you're familiar with the community, you're familiar with the type of dentistry that you'd be doing there. But I think that the right practice owner can take a practice.Really competitive, challenging market through the lines of a startup and make it work just by being driven, standing out, being different, good marketing. but it is our job to assess it and say like, Hey, based on what you want to do, this could either be tough or this looks like a. full go green light.Now, when we do identify those opportunities where the doctor wants to be there, and then we look at it and it's like, Hey, this looks pretty good. got to think that you're gonna have a better shot there initially than a really competitive market. A lot of it comes down to just like supply and demand.Supply of existing practices in an area demand through demand for dental care to kind of simple things that we want to measure to figure out if it's a good area, not considering what this, practice owner might want to do, but anybody that's just dead set on like, Hey, this area I'm from there.This is where I'm going to open their dental practice. Good for you. You've already identified like, one piece of this vision puzzle that I Talked about initially where what's your vision? What's your goal? Like, What do you want to do? What kind of practice do you want to have? If you already know exactly where that practice is going to be, who am I to tell you that you can't have a successful practice there?Michael: Yeah. Interesting, man. So does dendrographics kind of like you guys assess all that with the practice owner? Cause I always, I don't know why I always just thought like, Oh no, we're just going to find you your location and that's it. Kind of thing. Or like, we're going to look at your demographics and that's it.But do you go through that whole background with them? Kevin: We always want to start with describe to us your ideal patient base. And then how a typical process will look like is it's like, okay, I'm in, greater Charlotte. I'll start a practice anywhere in greater Charlotte that matches my ideal patient base.So if this person tells us my ideal patient base is upper middle income homeowners that's a family centric area with strong home ownership and it's stable and high growth and everything like that. let's go out and find you a practical area. think like population density.There's a large market there for dental care large enough. People living in the area, basically, let's not recommend that you start over a national park because there's no competition. And the few people that live there are in your target, patient profile, we find you a practical area that matches your ideal patient base.That's also. Not hyper competitive relative to the area, the less competition, the better. If we can match those other two things, practicality, and then a fit with the patient base that you're going for. Michael: So then in Kevin: the case of like greater Charlotte, if we go through the entire area, we'll come back and we'll say, Hey, these top areas, they match what you're looking for the best.Now it's part two of the job is then to go out and we don't know inventory of available. Real estate. Right. So can you go out and figure out where are there available properties in these areas like in greater Charlotte that matches what you're looking for that's in the areas where we've recommended and of course consider other things.The terms of the real estate that you're looking at, uh, are you fond of the area? And that's all part of the site selection process until ideally in the very end, you find a location somewhere that you're fond of somewhere where the price is right. The terms are right. and then where we've generally recommended that you look when we assess the market at the beginning.Michael: Gotcha. Okay, man. That's interesting. So all that kind of comes into, and then is that like a specific, if you don't mind me asking, Uh, for that, is it everybody's different or is it like a set thing or what does that look like? Kevin: So in terms of our services or products we have two types. We have a platform software basically where somebody can go on there.It's a little bit more DIY. And run their own research, work with us directly to like assess areas. So picture you get access to software and then you're working with me on the side to like do Google meets and look at different areas and assess locations. So that would be our subscription side of the business.On the other side is what we call like our legacy business, and that's our custom reports. There's two reports that we sell. There's a single site study and there's an area analysis. The area analysis, that's the first one I laid out where doctors in greater Charlotte, they don't know where to go. We're going to recommend where we think are the top areas for them based on again, competition, ideal patient base, practicality.That area analysis is 699. The site study, that's As in depth as we can get on one specific office location. So is one, two, three main street, Concord, North Carolina, good location for the startup dental practice that I want to get going here. So everything we can tell a doctor about one, two, three main street.Is it a fit with your patient base from very weak to very strong? You know, How do we assess it? But between the. Software in the report side of the business, two different types that we, I would say at this point about equally, sell in terms of like what people buy, but it's, do you want to do it the more do it yourself route?So this is people getting on our web app, running their own searches, we have a lot of cool tools in there. We wouldn't, you know, 15 minutes, unfortunately, wouldn't cover. A full like product overview, but like you can send mailers to off market dental practices. If you're looking to, purchase a dental practice, you can run an instant search on a location.And we've even rolled out like a new tier, which is designed more for like the existing practice owner. It's called the grow tier, where. You can plot your patients at an active dental practice on a map. So like if I have two locations in greater Columbus, Ohio, and they're five miles apart, but I want to see like every patient down to the address level, like where they fall on a map within drive times, where they're coming from, if there's a part of Columbus where you're not getting a ton of patients, but you know, that's an area where.the demographics match your preferred, like patient type. We can like market to those areas. And then there's also a direct mail tool now that we just wrote out it's targeted direct mail, where we can say like, all right, I'm in Columbus, Ohio, I want to target, a pediatric dentist in Columbus, Ohio, I want to go after new movers.With children income of, this number and above how many households meet that criteria. And then directly through our app, send them direct mail at like 59 cents a piece. So it's really affordable. It's super targeted. And it's another tool that we've rolled out to help, not just those starting by doctors, which has primarily been over the past decade, our wheelhouse, but now to, Existing practice centers to help grow their practices.So again, if we did like a total product overview, it would take a bit, but we've grown a lot since those legacy reports, the area analysis, the single site study don't sell a ton of them. But, uh, we're of course always looking for new ways to like fill in gaps where maybe we don't fit. We don't have a product that fits exactly what somebody is looking for.can we create products to do that? Michael: Yeah. Kevin: all sort of under the umbrella of data analysis, competition, mapping, and things like that. Michael: Awesome. Awesome, Kevin. I appreciate your time. And if anyone has further questions, where can they reach out to you directly? Kevin: I am easy to get ahold of my emails.Kevin at denta graphics. com. our website is denta graphics. com. You can book a demo on there just to meet one of us here and talk about where you're at in this process, how we can help discuss your search, things like But yeah, we're easy to get a hold of. So anybody that wants to reach out again, Kevin at dendrographics.com is my email or the website's dendrographics. com. Michael: Awesome. So that's going to be in the show notes below. And Kevin, thank you for being with me on this Monday morning episode. Kevin: Thank you, Michael. Appreciate you having me here.
The Bulletproof Dental Podcast Episode 350 HOSTS: Dr. Peter Boulden & Dr. Craig Spodak DESCRIPTION Deciding on Practice Ownership: Risk or Reward? Join Dr. Peter Boulden and Dr. Craig Spodak as they tackle a critical decision: buying a dental practice. With a net profit of $188,000 and a 40% associate earnings, is it a smart move? Explore the nuances of practice ownership, from analyzing historical data to navigating projections. Dive into the risks, rewards, and personal impacts of this pivotal choice. Plus, gain invaluable insights on financial literacy, learning from mistakes, and the future of dentistry. Don't miss this enlightening discussion! TAKEAWAYS Buying a dental practice should be carefully considered, weighing the risks and rewards. Analyzing historical data is crucial in evaluating the true value and potential of a practice. Relying solely on projections can be misleading and may not reflect the actual performance of the practice. Consider the key man risk and the impact on personal cash flow and lifestyle before making a decision. Owning a practice may not be the best option for everyone, and alternative investments should be explored. Learning from mistakes is crucial for personal and professional growth. Dental schools should provide more education on business and entrepreneurship. AI can be used as a tool for financial analysis and contract review in dentistry. Investing in real estate can be a game-changer for dentists. Financial literacy is essential for long-term success in the dental profession. CHAPTERS 00:00 - The Temptation of Practice Ownership 02:02 - Analyzing Historical Data vs. Projections 07:56 - The Downside Risk of Buying a Practice 18:14 - Lack of Business Education in Dental Schools 19:13 - AI in Dentistry 20:09 - Investing in Real Estate 23:23 - The Changing Landscape of AI 25:37 - The Importance of Financial Literacy 28:10 - The Potential of Real Estate Investment 29:27 - Sharing Personal Stories 30:49 - The Value of Dental Summits 31:27 - The Power of Execution REFERENCES Bulletproof Summit Bulletproof Dental Practice
Welcome to the Wellness Center Creators podcast, where we explore innovative approaches to health and wellness practice management. In this episode, I'm joined by Anna Rudel as co-host, and our special guest, Jennifer Cobb. Jennifer is a licensed clinical social worker and private practice owner who specializes in dialectical behavior therapy (DBT). We delve into the unique collaborative community model that Jennifer's practice employs, a hybrid of W-2 employment and a cooperative, allowing clinicians to take ownership of their schedules and income while fostering a supportive environment. "We call it a “collaborative community” model. And I think it's a unique way to be able to have a practice. It's really just this… We trust each other, and we've done things to show that we deserve that trust and as adults we just get to do our best within that." You will gain insights into how this model benefits both practitioners and clients, and hear about the upcoming retreat for practice owners looking to build and grow their businesses. Whether you're a wellness practitioner or interested in the business side of therapy, this episode is packed with valuable lessons and inspiration! Sponsored by Jane App, Jane offers online booking, charting, scheduling, secure video and invoicing on one secure, beautifully designed system: https://jane.app/ Use code wellness1mo for a one-month grace period on your new Jane account. Thanks so much for listening to our podcast! If you enjoyed this episode and think that others could benefit from listening, please share it!
Mohammed is joined by Dr. Andrew Clingan, a 2023 grad of UAB and a practice owner right out of school! Mohammed and Andrew discussed Andrew's dental school experience moving directly into practice ownership. Andrew has had an entrepreneurial streak all through school and he interned with the Shared Practices crew in dental school. Who is a good candidate for early practice ownership? If at all possible, know what you want as a new grad Mailers and off market practices Practice acquisition philosophy Finding the diamond in the rough Transitioning from the "old guy" to the "new guy." Attrition expectations (patients and team) Financing as a new grad Would he do it again? Some links from the show: Shared Practices Andrew's practice website Join the Very Dental Facebook group using the password "Timmerman," Hornbrook" or "McWethy," "Papa Randy" or "Lipscomb!" The Very Dental Podcast network is and will remain free to download. If you'd like to support the shows you love at Very Dental then show a little love to the people that support us! -- Crazy Dental has everything you need from cotton rolls to equipment and everything in between and the best prices you'll find anywhere! If you head over to verydentalpodcast.com/crazy and use coupon code “VERYDENTAL10” you'll get another 10% off your order! Go save yourself some money and support the show all at the same time! -- The Wonderist Agency is basically a one stop shop for marketing your practice and your brand. From logo redesign to a full service marketing plan, the folks at Wonderist have you covered! Go check them out at verydentalpodcast.com/wonderist! -- Enova Illumination makes the very best in loupes and headlights, including their new ergonomic angled prism loupes! They also distribute loupe mounted cameras and even the amazing line of Zumax microscopes! If you want to help out the podcast while upping your magnification and headlight game, you need to head over to verydentalpodcast.com/enova to see their whole line of products! -- CAD-Ray offers the best service on a wide variety of digital scanners, printers, mills and even their very own browser based design software, Clinux! CAD-Ray has been a huge supporter of the Very Dental Podcast Network and I can tell you that you'll get no better service on everything digital dentistry than the folks from CAD-Ray. Go check them out at verydentalpodcast.com/CADRay!
Meet Kathryn Werner, PA-C, a highly experienced physician associate (PA) and the founder of White Pine Mental Health & Wellness. In this episode, Kathryn shares her journey of creating her own practice, which she established in 2019 to align her career with her life goals and values while delivering high-quality care to her patients. She provides insights into the importance of finding work that aligns with one's needs while offering exceptional care. Kathryn sheds light on the challenges and triumphs of building her practice from the ground up and how she was able to scale it into a flourishing, patient-focused organization that she loves. She also discusses her collaboration with Certified PA Consulting, where she helps other PAs start their own practices through 1:1 consulting, the Practice Building Blueprint group program, and specialized marketing support. The conversation explores how her partnership with this consulting organization allowed her to expand her reach and share her expertise with others. You'll hear Kathryn passionately talk about the invaluable nature of collaboration in practice ownership and the significance of creating practices that truly fit the needs of both practitioners and their patients. She also emphasizes the importance of prioritizing one's own needs and reworking things when necessary to ensure fulfillment. Whether you're a PA or simply interested in entrepreneurship within healthcare, this episode is brimming with insights and practical advice on building a sustainable practice from someone who has successfully done it herself. Tune in for an inspiring conversation! SPONSORS PROMISED LAND MEATS www.promisedlandmeats.com FREED AI [DISCOUNT CODE: PA50] https://www.getfreed.ai/ CONNECT with KATHRYN WHITE PINE HEALTH www.whitepinemhw.com CPAC CONSULTING certifiedpaconsulting.com COACHING 1-ON-1 NEGOTIATION CONSULT https://calendly.com/the-pa-is-in/negotiate FREE 30-MINUTE COACHING CONSULT https://calendly.com/the-pa-is-in/gen-call LINKS EPISODE BLOG POST https://www.tracybingaman.com/blog TRACY ON INSTAGRAM https://www.instagram.com/mrstracybingaman/ TRACY ON LINKEDIN https://www.linkedin.com/in/tracybingaman/ --- Support this podcast: https://podcasters.spotify.com/pod/show/thepaisin/support
Come listen to episode 25! In this episode we continue with our business theme and discuss various aspects of private practice ownership!
Podcast Episode Show Notes: Title: Veterinary Practice Ownership: You are READY W/ Dr. Christine Staten DVM, MBA Eps. 21 Episode Description: In this enlightening episode, we delve into the heart of veterinary medicine with Dr. Christine Staten DVM. Join us as we explore the nuances of this noble profession, dispelling the negative stigma often associated with it. Dr. Staten passionately shares her insights into the profound impact veterinarians have on both animals and people, emphasizing the privilege of being invited into deeply emotional moments in people's lives. Key Discussion Points: Breaking the Stigma: Dr. Staten discusses the pervasive negative stigma surrounding veterinary medicine and emphasizes the genuine care and dedication of veterinarians. The Blessing of Veterinary Medicine: We explore the inherent rewards of veterinary practice, from helping animals to supporting people through challenging times. Diverse Career Opportunities: Dr. Staten highlights the unique and diverse opportunities within veterinary medicine beyond clinical practice, encouraging lateral career transitions. Perspective and Emotional Intelligence: The importance of perspective and emotional intelligence in shaping interactions with clients and fostering empathy is discussed, emphasizing the power of individual reactions to situations. Building a Trusting Culture: Dr. Staten shares insights on creating a workplace culture grounded in trust, transparency, and core values, empowering staff to voice concerns and contribute to solutions. Fostering Communication: Strategies for encouraging open communication and collaboration among team members, including pre-shift huddles and anonymous feedback mechanisms, are explored. Cultivating a Teaching Environment: The importance of mentorship and continuous learning in veterinary practice, particularly in nurturing new graduates and fostering a performance-based compensation model, is highlighted. Path to Practice Ownership: Dr. Staten offers guidance and support for aspiring practice owners, sharing her journey from veterinary practice to entrepreneurship and her path to practice ownership program. Conclusion: Join us as we uncover the beauty and depth of veterinary medicine through the wisdom and experiences of Dr. Christine Staten DVM, MBA. Discover how compassion, communication, and a commitment to growth can transform both veterinary practices and lives. --- Support this podcast: https://podcasters.spotify.com/pod/show/veterinary-vibes/support
Our guest on this week's episode of My Veterinary Life Podcast is Dr. Wesley Clendenin, a recent veterinary graduate and new practice owner. Dr. Clendenin shares his transition from wildlife science to veterinary medicine, his proactive steps toward owning a practice within five years of graduation, and the importance of mentorship and networking. He discusses the financial and managerial challenges of practice ownership, the need for clear goal-setting, and balancing work with family life. It's a great conversation and we can't wait to share it with you.Remember we want to hear from you! Please be sure to subscribe to our feed on Apple Podcasts and leave us a ratings and review. You can also contact us at MVLPodcast@avma.orgFollow us on social media @AVMAVets #MyVetLife #MVLPodcast
Derek bought a practice in East Texas right after graduating dental school. He tripled production/collections while cutting back clinical days. He's been a coach with The Lifestyle Practice since 2018 where he focuses on helping other dentists increase the profitability of their practice while increasing their freedom in life. Join the community on Dentaltown at https://www.dentaltown.com
In this radio show, I discuss my recent LinkedIn post that got a lot of traction. #veterinarymedicine - I want to see more private practice ownership and extremely bullish on folksbuilding this future in a variety of ways._________________ is stopping veterinarians from wanting to own their own clinic?What's your answer?It's a hot topic - I've pounded the table on the topic since 2019 - it's not easy, it's not rainbows and butterflies - but darn, it's worth it, and the amount of $ in the space more can go to veterinarians if there is a thriving private practice environment.I'll have some guests on the show later via a roundtable discussion - that being said I wanted to discuss it on a radio show as I just got back from WVC, and I can tell you I'm extremelyoptimistic about private practice ownership and the models, offerings, and people doing cool stuff here. Some have been on the podcast others are future guests.Link to the LinkedIn Post Our Sponsors LifeLearnGuardianVets (be sure if you reach out to mention us for 50% off your first month) OfferFirst (use code "VSP" for 20% off) Shepherd Veterinary Software Granite Peak Associates
Welcome to another insightful episode of Thriving Practice, where we dive into the crucial world of strategic financial planning with our esteemed guest, Carla Titus. With over a decade and a half of financial expertise, Carla has honed her skills in guiding practice owners to not only survive but thrive in the competitive business landscape. In this episode, we unpack her holistic approach to financial health and the transformative power of aligning money mindset with business operations. Key Highlights: Strategic Financial Planning: Carla discusses the essence of strategic financial planning for business owners. She explains why it's not just about the numbers, but about the comprehensive strategy that encompasses all aspects of a business. Mindset Matters: Learn how understanding and shifting your mindset around money can profoundly influence your business's financial health. Carla emphasizes the importance of aligning personal values with financial decisions. Profit Margin Management: Discover the tactics for managing profit margins that can lead to improved financial health for your business. Reframing for Performance: Hear how reframing beliefs to align with company performance is a critical step in ensuring your business's success. Business Health Essentials: Carla breaks down the key components of ensuring business health, including the identification of growth opportunities and the diversification of revenue streams. Data-Driven Decisions: We discuss the importance of making intentional, data-driven decisions for sustainable development and how this approach can lead to more impactful results. Proactive vs. Reactive: The conversation delves into the significance of proactive financial strategies over reactive ones, and how maintaining control over finances leads to greater freedom. Foundational Strength: Learn why establishing a solid business foundation and maintaining accurate bookkeeping are non-negotiable for long-term success. Leveraging Expertise: Carla advocates for leveraging professional financial services to enhance decision-making and provides tips on how to choose the right services for your business. Carla Titus shares her wealth of knowledge, offering practice owners the tools to ensure their business is not just surviving but prospering. Her approach to financial planning is not about restriction but about creating freedom and opportunities for growth through strategic, intentional actions. Tune in to transform the way you think about and manage your business finances. Resources Mentioned: Wealth and Worth Within: Carla's company that provides financial planning services tailored for practice owners. Financial Health Checklist: A downloadable resource from Carla's website to help listeners evaluate their business's financial health. If you're ready to take control of your business finances and align your financial strategy with your personal values for long-term growth, don't miss this episode with Carla Titus. Remember to subscribe, share with fellow business owners, and leave us a review! Carla's Bio: Carla is a finance expert with over 15 years of combined corporate financial planning, analysis, strategy, and online businesses experience. She provides fractional CFO services and financial consulting to business owners looking to grow their business profitably. Her mission is to empower business owners to achieve financial clarity and peace of mind, so that they can get back to what they enjoy. Find Carla: Website LinkedIn Facebook Instagram TikTok Connect With Us: Be a Guest on the Show Thriving Practice Community Schedule Strategy Session with Tracy Tracy's LinkedIn Business LinkedIn Page Thriving Practice Community Instagram
Dr. Zachary Miller, known by most of his patients as Dr. Z, is a first-generation dentist practicing in Western Washington state. He graduated from USC dental school in 2019 and immediately relocated to Northern Idaho where he practiced for 3 years before moving to Washington to be closer to his wife's family. He has worked as an associate until this point and is currently in the process of acquiring a practice. Join the community on Dentaltown at https://www.dentaltown.com
Welcome to another episode of Questions With Crocker! This week Dr. Crocker and Shane discuss the financial difference between a single doctor practice vs a multiple doctor practice, the financial sense of shame veterinarians feel, Shane's passion within the veterinary clinic, and more.Episodes release weekly on Thursdays at 9am EST and are available on all podcast platforms including a video version on YouTube!Have a question for the podcast? Email questionswithcrocker@gmail.com for your question to be featured on an upcoming episode!TikTok: https://www.tiktok.com/@questionswithcrockerInstagram: https://www.instagram.com/questionswithcrocker/YouTube: https://www.youtube.com/channel/UClk4BQm7SRDXJpdzraAkKRwTIMESTAMPSIntro 00:00Is Practice Ownership Financially Worth It? (@jmswift92) 06:19Your Personality Dictates A Lot 09:18Single Doctor Practice vs Multiple Doctor Practice 10:41Do Personal Finances Play Into It? 13:20The Financial Sense Of Shame Veterinarians Feel 15:10The Perception Of Veterinarians Working Hard vs Veterinarians Making Money 17:02What Is Shane's Passion In Owning The Vet Clinic? 20:58Outro 22:25