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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: July, 2017
Jul 24, 2017

Today I'm really excited to be sharing part two of my self-hosted episode on how to acquire a dental practice. There's a lot that goes into buying a practice successfully, and in today's episode, I'll expand on what it takes to ensure the process goes as smoothly as possible.

If you enjoy these self-hosted episodes, be sure to let me know what you would like me to cover in the future and I will do my best to do so!

We also only have a few more weeks to enter the "4 Books Every Dentist Must Read" book give away! Be sure to listen to the entire episode to find out how to enter!

  • The Exact Steps of Buying A Practice And The Best Practices A Long The Way.
  • How To Find The Right Practices For Sale That Will Save You Both Time And Money.
  • The Importance of Knowing Your Strengths and Weaknesses When Buying A Practice.
  • Why Looking ONLY at Cost Can End Up Hurting You In The Long Run.
  • Some of The Most Common Frustrations Many of My Clients Have Faced And How To Avoid Them

And much more.

 

Quotes

"Understanding your strengths and weakensesses is very important when buying a dental practice." - Jonathan VanHorn

"Don't always start with the lowest costing practice" - Jonathan VanHorn

Enter The 4 Books Every Dentist Should Read Giveaway!

We're excited to announce our very first book giveaway here at Start Your Dental Practice, my way of saying thanks for being a part of the SYDP community! To enter the contest just text " fourbooks " to 33444 and you'll be entered to receive four of my favorite books that I recommend to my clients.

There's no catch to join and in a few weeks I'll be picking a subscriber at random and sending the books their way!

Already have a copy of the books? No worries -- if you win I'll send you a $50 dollar gift card instead.

Again, to enter the contest just text " fourbooks " to 33444 and you'll be entered to win! I'll also immediately send you the list of books in case you can't wait and want to invest in the books today.

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.

Jul 19, 2017

One of my favorite ways to stay “up to date” with the dental industry is to be active in a few high-value Facebook groups. And though “social media” often gets a bad rap for being a waste of time, I often find the discussions and comments highly valuable.

When done correctly, Facebook groups help you stay on top of the latest trends and build meaningful connections with other dentists and professionals.

Were it not for Facebook groups, I wouldn’t be introducing today’s two very special guests, Dr. Glenn Vo and Dr. Vinh Nguyen of Nifty Thrifty Dentists.

When I first joined the Nifty Thrifty Dentist Facebook group a while back, I wasn’t sure what to expect. “Nifty thrifty dentists?!?!” but I quickly learned that Dr. Glenn and Dr. Vinh are the real deal and have created an amazing community in a short period of time.

I’m excited to share my conversation with them and what they have learned from building such an incredible community.

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

  • How Their Popular Dental Facebook Group Transformed into A Podcast and Beyond
  • What it means to be a “nifty and thrifty” dentist.
  • Why you should always seek out “veteran” docs… and what they can teach you.
  • The “Dental Brand” tax and how to get your essential items for significantly cheaper…

Nifty Thrifty Dentists - Time Tested Strategies For Building A Successful Dental Practice

Quotes:

"Anyone can be a cheap, not not everyone can be thrifty" - Dr. Glenn

Enter The 4 Books Every Dentist Should Read Giveaway!

We're excited to announce our very first book giveaway here at Start Your Dental Practice, my way of saying thanks for being a part of the SYDP community! To enter the contest just text " fourbooks " to 33444 and you'll be entered to receive four of my favorite books that I recommend to my clients.

There's no catch to join and in a few weeks I'll be picking a subscriber at random and sending the books their way!

Already have a copy of the books? No worries -- if you win I'll send you a $50 dollar gift card instead.

Again, to enter the contest just text " fourbooks " to 33444 and you'll be entered to win! I'll also immediately send you the list of books in case you can't wait and want to invest in the books today.

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.

Jul 14, 2017

As we gear up for some exciting new changes coming to the SYDP podcast, I wanted to share a self-hosted episode I put together discussing everything you need to know about how to acquire a dental practice.

Having talked with dozens of dentists about the process, I think you'll find this solo episode a great resource if you're in the process of acquiring your first practice or needing some guidance.

Even if you've already had a few acquisitions under your belt, I cover some common mistakes as well.

Many dentists I've spoken with equate the acquisition process to having your first child... you won't know what it's like until it happens, but being prepared goes a long way.

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

  • How To Know When You're Ready To Acquire A Practice. And When To Hold Off
  • Why Choosing The Right Location Is So Important, And How to Ensure You Choose A "Winning" Location
  • The Best Tips And Tricks For Finding The Perfect Practice On Sale
  • Why Not All Practices Are Created Equal And What To Look For When Buying
  • The Importance of Having A Wide Diversity Options To Purchase

And much more.

How To Acquire A Dental Practice

Quotes:

"The greatest acquisition opportunities come from personal relationships.." - Jonathan VanHorn

Enter The 4 Books Every Dentist Should Read Giveaway!

We're excited to announce our very first book giveaway here at Start Your Dental Practice, my way of saying thanks for being a part of the SYDP community! To enter the contest just text " fourbooks " to 33444 and you'll be entered to receive four of my favorite books that I recommend to my clients.

There's no catch to join and in a few weeks I'll be picking a subscriber at random and sending the books their way!

Already have a copy of the books? No worries -- if you win I'll send you a $50 dollar gift card instead.

Again, to enter the contest just text " fourbooks " to 33444 and you'll be entered to win! I'll also immediately send you the list of books in case you can't wait and want to invest in the books today.

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.

Jul 5, 2017

Aside from graduating dental school, there are very few moments in the course of your dental career that are more important than when you sign the lease for your 1st (or 3rd) dental practice location.

It’s scary. It’s exciting. And if we’re being honest, a little overwhelming.

Did you pay too much? Did you choose the right location? Did you protect yourself legally if anything goes wrong?

At the same time, purchasing a practice means you have tremendous opportunity to grow and scale your services and patient base.

Which is why I’m excited to introduce today’s guest Norman Gelfand. Norman is the founder and president of Gelfand Group and is an expert in commercial real estate with over 20+ years of experience. He’s helped hundreds of dental practice owners negotiate a lease that gives them the best chance to succeed.

In our chat today, he shares everything he knows about how to ensure you sign a lease that makes sense for you.

[su_note note_color="#028000 " text_color="#ffffff " radius="5"] Looking to lock down your dental practice lease? Make sure you ask these questions first. Click here to get access. [/su_note]

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

  • The 3-4 things Norman looks for in every dental practice lease when helping dentists find their new location.
  • Why Norman insists on asking several very specific questions when working with his clients.
  • The biggest mistakes most dentists make when choosing their lease terms and how to avoid them.
  • How Norman has helped dentists save hundreds of thousands of dollars in the life of their lease.

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

Negotiating a dental lease is a complicated process, and just one mistake can affect you for many years to come. Fortunately, there’s the information and resources out there that can help you make the right call.

As a bonus for today, Norman has offered to share his article “The Questions You Must Ask Before You Sign Your Lease.” If you’re in the process of purchasing a new dental practice location, you’ll definitely want to check out the tips he shares.

To get the bonus, simply text PRACTICE to 33444. Again, that’s PRACTICE to 33444 or visit startyourdentalpractice.com/bonus if you’re outside of the US.

You’ll also receive updates on the latest episodes of Start Your Dental Practice, helpful tips for owning and running a practice, and promotional opportunities direct to your inbox.

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.

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