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Start Your Dental Practice

In every episode, we aim to demystify the “how to start a dental practice” problem by bringing on world-class influencers and consults in the dental industry to pick their brain about how to get past the barriers involved from no practice, to practice owner, to successful practice.
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Now displaying: June, 2017
Jun 27, 2017

Chances are if you’re listening to this podcast, you have some student loan debt.

Having worked exclusively with dentists for most of my professional career, it’s not common for me to see aspiring practice owners coming out of school with 400-500k in student loan debt, and that’s only for a dental license!

While we can debate whether or not the large costs are justified, the reality is, without a student loan plan of attack, you’ll be stuck making payments for the rest of your life.

Which is why I’m excited to share my conversation with Travis Hornsby, founder of StudentLoanPlanner.com

Travis has helped hundreds of professionals take control of their finances and student loan debt -- and has an incredible track record of helping his clients become debt free.

Even if you’re fortunate to have paid off your student loans, I know you’ll find a lot of actionable insight from our conversation.

[su_note note_color="#028000 " text_color="#ffffff " radius="5"] Need help staying on top of your student loans? You'll love Travis's Student Loan Calculator designed to help you pay off debt faster. Click here to get access. [/su_note]

Here are a few things you'll discover in today's episode:

  • How Travis got into helping others with their student loan debt (hint: it involves his significant other)
  • How being featured in Business Insider skyrocketed his career.
  • What he’s learned from advising over 82 million in student loan debt collectively amongst his clients.
  • Practical ways anyone can save money to help pay off their student loans faster.

And much more.

This Episode Was Brought To You By...

As a CPA for dentists, I get a lot of questions about which banks offer both the best rates and service for current and future practice owners and I virtually always recommend Bank of America. As such, I've teamed up to with Bank of America because I believe they are the best at what they do and want to help you get the best dental loan possible.

If you're interested in learning more based on what I discussed on the show, simply text "BankLoan" to the number 33444, and I'll put you in touch with my direct contact at BOA. There's no catch, or obligation if you decide it's not for you after learning more. I'm also happy to answer any questions you might have.

Full disclosure -- If you move forward with this goes to help me continue making the Start Your Dental Practice podcast the best podcast and resource for dental practice owners.

Free Episode Bonus

A special thanks for Travis coming on the show. Chances are good, you may need a hand with your student loan debt.

While many choose to “worry about it later” as Travis shows, taking action now can save you a ton of time and headaches later down the road.

Travis obviously knows what he’s doing, having helped hundreds of people pay down their debt and as a bonus for today, he’s offered his incredibly popular student loan debt calculator which helps you get clear on how to pay your debt off.

I spent some time playing around with it, and it’s fantastic.

Click here to access bonus.


Quote: 

Being debt free is incredibly powerful psychologically - Travis Hornsby

Resources:

Support The Show:

Without you, Ambitious Dentists, this show wouldn’t exist.

If you enjoyed today’s episode, please go here to give the show an honest rating and review in iTunes.

This allows me to evolve the show as it goes on, and also helps spread the word to other podcast listeners since iTunes promotes shows with active engagement.

Jun 21, 2017

According to recent statistics, 55% of American’s don’t have dental insurance. And if your practice is only serving the 45% of patients that do, you’re leaving a ton of money (and profit) on the table.

One way to serve those without insurance is to offer an in-house membership plan, but when done improperly, it can often be more of a headache than a plus.

Fortunately, there’s a method to the madness when it comes to in-house membership plans, which is why I’m excited to have today’s guest Jordon Comstock on the show. Jordon is the founder of BoomCloud a membership plan software that helps you focus on what matters.

If Jordon's name sounds familiar, you may have heard Jordon and his partner Ben have me on the Navigating Dental Insurance podcast in which discussed dental insurance.

What I love about Jordon’s story is how he created a software based on his own needs, and in our conversation, we discuss in-house membership plans in depth.

Here are a few things you'll discover in today's episode

  • How Jordan got involved in the dental industry.
  • The biggest problems most practices face who have in-house membership plans.
  • Why Jordan’s love of technology and dentistry allowed him to create a product that dentists need.
  • The many benefits of recurring revenue and why that should be a focus.
  • What Jordon learned from developing and testing his software and how it applies to growing your own dental practice.

And much more.This Episode Was Brought To You By...

As a CPA for dentists, I get a lot of questions about which banks offer both the best rates and service for current and future practice owners and I virtually always recommend Bank of America. As such, I've teamed up to with Bank of America because I believe they are the best at what they do and want to help you get the best dental loan possible.

If you're interested in learning more based on what I discussed on the show, simply text "BankLoan" to the number 33444, and I'll put you in touch with my direct contact at BOA. There's no catch, or obligation if you decide it's not for you after learning more. I'm also happy to answer any questions you might have.

Full disclosure -- If you move forward with this goes to help me continue making the Start Your Dental Practice podcast the best podcast and resource for dental practice owners.

Free Episode Bonus:

A special thanks to Jordon for coming on the show.

Whether you already have an in-house membership plan or are considering adding one to your practice, knowing what mistakes to avoid can help save you both time and money.

As Jordan mentions, staying organized is one of the key factors in having a successful membership plan. Don’t be that person keeping everything in a google doc.

For a bonus today, Jordan has offered his free membership plan ebook which walks you through the dos and dont's of membership plans.

Trust me, just by doing one or two of his suggestions will save you a ton of headaches in the future.

Also be sure to request a demo with Jordon and his team at BoomCloud if it’s something you might be interested in.

Click here to access bonus.


Resources:

Support The Show:

Without you, Ambitious Dentists, this show wouldn’t exist.

If you enjoyed today’s episode, please go here to give the show an honest rating and review in iTunes.

This allows me to evolve the show as it goes on, and also helps spread the word to other podcast listeners since iTunes promotes shows with active engagement.

Jun 15, 2017

As technology continues to transform the dental industry, the world of insurance and credentialing has become increasingly complex. As a result, dentists are spending more and more of their valuable time trying to figure things out.

And if we’re being honest, most dentists don’t exactly get excited about dealing with insurance and properly codifying their services.

Which is why I’m so excited about today’s SYDP guest Harold Gornbein, Harold is the founder of Apex Reimbursement Specialists, which helps put money back in dentists pockets and saves tons of the time in the process.

With over 20 + years of dealing with insurance, Harold knows exactly what it takes to give dentists the winning edge. I think you’ll enjoy his refreshingly honest take on the world of insurance and negotiation.

[su_note note_color="#028000 " text_color="#ffffff " radius="5"] Want to learn more about negotiation? Check out Harold's super helpful 5 Steps To Negotiating PPOs Guide here. [/su_note]

Here are a few things you'll discover in today's episode:

  • How to get the most reimbursements back from insurance companies.
  • The mistakes most dental practices make that can cost your practice tens of thousands of dollars.
  • The proper way to codify your services, and why it’s so important.
  • How to put money back into your practice have it work for you.
  • The biggest lessons Harold has learned from dealing with insurance for over 20 years.

And much more.

This Episode Was Brought To You By...

As a CPA for dentists, I get a lot of questions about which banks offer both the best rates and service for current and future practice owners and I virtually always recommend Bank of America. As such, I've teamed up to with Bank of America because I believe they are the best at what they do and want to help you get the best dental loan possible.

If you're interested in learning more based on what I discussed on the show, simply text "BankLoan" to the number 33444, and I'll put you in touch with my direct contact at BOA. There's no catch, or obligation if you decide it's not for you after learning more. I'm also happy to answer any questions you might have.

Full disclosure -- If you move forward with this goes to help me continue making the Start Your Dental Practice podcast the best podcast and resource for dental practice owners.

Free Episode Bonus:

A special thanks to Harold coming on the show. Just making a few tweaks in how you deal with insurance and negotiations can have a lasting effect on your practice's bottom line.

As a bonus for today, Harold has shared his 5 Steps To Negotiating PPOs Guide, which is super valuable regardless if you’re a new practice owner, or have been around the block a few times.

I highly suggest you take a look.

Click here to access bonus.


Quotes: 

"Everyone needs to understand, the time frame for credentialing negotiations are 30-90 days."  -Harold Gornbein

Resources:

Support The Show:

Without you, Ambitious Dentists, this show wouldn’t exist.

If you enjoyed today’s episode, please go here to give the show an honest rating and review in iTunes.

This allows me to evolve the show as it goes on, and also helps spread the word to other podcast listeners since iTunes promotes shows with active engagement.

Jun 7, 2017

One of the best parts about running the Start Your Dental Practice podcast is all the interesting opportunities that it has created for me, both personally and professionally.

I get emails and phone calls from listeners all the time sharing their successes, failures, and all the big things they want to accomplish. It’s such a great feeling and an incredible honor.

On occasion, some listeners will reach out in hopes of coming on the show and to pitch their latest product or service, but as you know, that would go against everything I believe here at SYDP.

However, sometimes I get a request from a listener who absolutely blows me away with their story and accomplishments, and that would be today’s guest Dr. Darold Opp.

Dr. Darold is a  now retired, former practice owner, who was able to see some great success over the years in the dental industry. He now spends his time helping other dentists get to where they want to go.

In our chat we cover a lot of ground, mistakes he’s made, things he did well, and why creating a family-friendly practice is one of the best things you can do.

[su_note note_color="#028000 " text_color="#ffffff " radius="5"] Enjoyed my conversation with Dr. Darold Opp and want to learn more? Get the How To Create A Successful Dental Practice PDF here. [/su_note]

Here are a few things you'll discover in today's episode:

  • The unbelievable story of how Dr. Darold went on to became a dentist.
  • Why searching for shortcuts can actually hurt your dental practice, and what to do instead.
  • How Dr. Opp went from 500,000 in debt in 2010 to building a wildly successful practice
  • Why making your office kid friendly should be your number one priority.
  • How being creative can really set you apart from your competition.

And much more.

This Episode Was Brought To You By...

As a CPA for dentists, I get a lot of questions about which banks offer both the best rates and service for current and future practice owners and I virtually always recommend Bank of America. As such, I've teamed up to with Bank of America because I believe they are the best at what they do and want to help you get the best dental loan possible.

If you're interested in learning more based on what I discussed on the show, simply text "BankLoan" to the number 33444, and I'll put you in touch with my direct contact at BOA. There's no catch, or obligation if you decide it's not for you after learning more. I'm also happy to answer any questions you might have.

Full disclosure -- If you move forward with this goes to help me continue making the Start Your Dental Practice podcast the best podcast and resource for dental practice owners.

Free Episode Bonus:

A special thanks Dr. Darold for coming on the show. I really enjoyed his approach on how to make your dental practice family friendly and think doing so can help your practice a ton.

Sometimes we get so caught up in our “bottom line” we forget about truly serving our patients.
As a bonus for today, Dr. Darold has shared his super in-depth powerpoint on how to build a successful practice. There are over a dozen gems that I know you’ll find valuable.

Click here to access bonus by just following the instructions.


Quotes: 

“If you want to be successful… Life is work.” - Dr. Darold Opp
“You have to be creative” - Dr. Darold Opp

Resources:

Support The Show:

Without you, Ambitious Dentists, this show wouldn’t exist.

If you enjoyed today’s episode, please go here to give the show an honest rating and review in iTunes.

This allows me to evolve the show as it goes on, and also helps spread the word to other podcast listeners since iTunes promotes shows with active engagement.

Jun 1, 2017

There are many things that go into building a successful dental practice.

Good marketing helps get patients in the door.

A high-quality team makes sure things run smoothly.

And delivering great service ensures your patients leave happy.

But there’s a huge factor, that many small businesses owners, especially dental practices, often neglect, that can have a huge impact on your bottom line.

What’s that? Your office design.

Look, the second your patients step into your office, you want to make sure you’re leaving a good impression.

Which is why I’m excited to have Cheryl Janis founder of Cheryl Janis Designs on the show. Cheryl specializes in building high nurturing environments for purpose-driven physicians and healthcare businesses helping them get the most out of their office space.

While we talk a lot about increasing revenues, marketing, and SEO, here on SYDP, I really think Cheryl will make you rethink the importance of design and your office environment. 

[su_note note_color="#028000 " text_color="#ffffff " radius="5"] Looking to make some tweaks to your office? Learn what colors are right for your practice here. [/su_note]

Here are a few things you'll discover in today's episode:

  • The biggest mistakes most practice owners make when designing their office, and how to fix them.
  • How to humanize your dental practice and make people love the
  • Why good office design can have a direct impact on your practice revenues.
  • The color that inspires “trust” and how you can implement it in your office today.
  • How just a few additions to your office can transform your patient experience.

And much more.

This Episode Was Brought To You By...

As a CPA for dentists, I get a lot of questions about which banks offer both the best rates and service for current and future practice owners and I virtually always recommend Bank of America. As such, I've teamed up to with Bank of America because I believe they are the best at what they do and want to help you get the best dental loan possible.

If you're interested in learning more based on what I discussed on the show, simply text "BankLoan" to the number 33444, and I'll put you in touch with my direct contact at BOA. There's no catch, or obligation if you decide it's not for you after learning more. I'm also happy to answer any questions you might have.

Full disclosure -- If you move forward with this goes to help me continue making the Start Your Dental Practice podcast the best podcast and resource for dental practice owners.

Free Episode Bonus:

A special thanks for Cheryl coming on the show. Office design is something that isn’t talked about much in the dental industry, but as Cheryl shares, it can really make a difference.

Not knowing much about office design myself, I really enjoyed Cheryl’s perspective and hope you came away with a few takeaways as well.

As a bonus for today, Cheryl has generously offered her free report on how to choose the right paint colors for your office.

If you’ve been meaning to make some office modifications, I highly recommend you give it a look.

Click here to access bonus by just following the instructions.


Quotes: 

“Building relationships is key in building a profitable practice.” -  Cheryl Janis

Resources:

Support The Show:

Without you, Ambitious Dentists, this show wouldn’t exist.

If you enjoyed today’s episode, please go here to give the show an honest rating and review in iTunes.

This allows me to evolve the show as it goes on, and also helps spread the word to other podcast listeners since iTunes promotes shows with active engagement.

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