From Top Gun to Top CPA: How a Fighter Pilot Maximizes Dental Practice Profits

Book a FREE Practice Growth Discovery Meeting with Mike Kulwiec: Schedule your meeting here: https://api.leadconnectorhq.com/widget/bookings/book-your-success-call-trivantage Get a FREE Practice Assessment, Free Guides, and More: Gold Medal Dental Marketing:https://goldmedaldental.com/ The Champion Dentist Website: https://thechampiondentist.com/ In this episode of The Champion Dentist, Mike Kulwiec speaks with Morgan Hamon, CPA and Partner-In-Charge at EAG Dental Advisors, LLC. Morgan, a former Naval Aviator, brings a unique perspective to dental accounting, emphasizing leadership, systems, and data-driven analysis for practice profitability. Together, Mike and Morgan discuss Morgan's journey from flying F-18s in the Navy to becoming a CPA specializing in dental practices. Morgan shares invaluable lessons learned from his military career, such as leadership, standardization, and accountability, and how these principles are directly applicable to running a successful dental practice. The conversation delves into the three critical levers of profitability for dental practices: managing expenses, optimizing revenue, and strong leadership. Morgan explains how EAG Dental Advisors goes beyond traditional accounting by providing in-depth analysis and benchmarking data from over 1,000 dental practices, helping dentists understand their numbers and make informed decisions. Mike and Morgan also explore the challenges dentists face as business owners, particularly regarding leadership and financial literacy. They highlight the importance of systems, training, and accountability within a practice, drawing parallels to the disciplined environment of naval aviation. The discussion emphasizes that true practice growth and a high quality of life for dentists stem from effective leadership and a balanced approach to both people and numbers. If you're a dentist looking to improve your practice's profitability, enhance your leadership skills, and gain a clearer understanding of your financial performance, this episode offers practical insights and real-world strategies. Timestamps 0:02 - From F-18 Pilot to CPA: Morgan Hamon's Unique Journey 1:45 - Naval Lessons: Leadership, Standardization, and Accountability in Business 5:08 - The Champion Dentist Approach: Beyond Basic Accounting for Dental Practices 9:51 - Mastering Profit Levers: Expenses, Revenue, and Collections 17:00 - Revenue Cycle Management: Optimizing Collections and Outsourcing Strategies 22:21 - Leadership: The True Driver of Dental Practice Profitability 33:31 - Training, Discipline, and Accountability: Building a Winning Team 45:58 - Balancing People and Numbers: A Holistic Approach to Practice Success Guest Contact Information: Morgan Hamon, CPA Partner-In-Charge EAG Dental Advisors, LLC Website:EAG Dental AdvisorsO: 303.799.0476 E:[email protected] 501 South Cherry Street, Suite 1162, Denver, CO 80246