Associate Dentist to Owner Podcast

📋 Free Download: Practice Evaluation Checklist https://practiceown.com/pdfWhat type of dental practice should you actually buy? In this video, I break down exactly what makes a practice worth buying. The short answer: buy a practice with a lot of active patients where the seller's revenue per patient is as low as possible. That's where your growth opportunity is.What we cover: - Why two practices with identical financials can be completely different - How to calculate active recall patients (not the broker's inflated number) - Revenue per patient: the most important number - How conservative sellers create massive growth opportunities - The ideal number of hygienists, operatories, and patients - Why high revenue per patient can be a red flag - Associate vs. owner income comparison - Why you can't trust broker documents at face value💼 Work with me: I help dentists evaluate dental practices before they buy. Every practice I evaluate gets compared against my database of 500+ evaluations. https://practiceown.com📬 Questions? Reach out directly: [email protected]:00 Intro0:43 Two Practices, Same Revenue, Completely Different1:48 Don't Trust Broker Patient Numbers4:06 Revenue Per Patient: The Most Important Number5:07 Conservative Sellers and Undiagnosed Dentistry7:54 The Best Practice to Buy9:09 The Perfect Practice for You9:51 Hygienists, Operatories, and Patient Count13:17 Summary

📋 Free Download: Practice Evaluation Checklist https://practiceown.com/pdfA complete, step-by-step overview of how to buy a dental practice in 2026. From saving your emergency fund to finding practices, negotiating the price, securing financing, and closing the deal. If you're a dentist thinking about ownership, this is the video to watch first.What we cover: - How much you need saved before buying (5-10% of purchase price) - Why there's no "Zillow" for dental practices - How practice brokers work (and their incentives) - Why 80% of practices on the market aren't worth buying - How to negotiate the purchase price - The truth about practice valuations and "multiples" - How banks decide how much to lend - Comparing loan offers and avoiding bad terms - Due diligence and verification - The "death spiral" of buying a practice without enough patients - Why now is the best time to buy💼 Work with me: I help dentists evaluate dental practices before they buy. Every practice I evaluate gets compared against my database of 500+ evaluations. https://practiceown.com📬 Questions? Reach out directly: [email protected]:00 Intro0:10 Step 1: Save Your Emergency Fund1:53 Step 2: Find a Practice to Buy5:17 What Brokers Will Show You First7:40 Evaluating the Broker Packet10:12 Step 3: Negotiate the Purchase Price17:24 Step 4: Due Diligence and Verification18:56 Step 5: Secure Your Loan21:54 Other Steps Before Closing25:01 The "Death Spiral" of Not Enough Patients28:35 Growth Opportunity vs. Obligation30:15 Wrap-Up

📋 Free Download: Practice Evaluation Checklist https://practiceown.com/pdfI recently crossed 500 dental practice evaluations. In this video, I'm sharing the biggest lessons I've learned helping dentists buy practices over the last few years.If you're thinking about buying a dental practice, these are the things you should know before looking.What we cover:Why 80% of practices on the market aren't worth buyingThe one number that matters more than revenueHow to instantly tell if a practice has enough patientsRed flags about why the seller is really sellingWhere the real growth opportunities are hidingWhy low payroll is actually a warning signWhy location matters way less than you thinkHow to know if you can actually afford a practice💼 Work with me: I help dentists evaluate dental practices before they buy. Every practice I evaluate gets compared against my database of 500+ evaluations.https://practiceown.com📬 Questions? Reach out directly: [email protected]:00 Intro0:20 1. 80% of Practices Are Not Worth Buying5:35 2. Revenue Per Patient Is the Most Important Number10:07 3. Count the Hygienists16:00 4. Why Is the Seller Selling?21:46 5. Procedures and Growth Opportunities25:25 6. Be Careful About Payroll29:00 7. Location Matters Less Than You Think31:41 8. Price vs. Affordability37:26 Wrap-Up

If you're a dentist thinking about buying a dental practice, it's an incredible time to be alive. 🔔 Learn More About Our Services: https://practiceown.com📕 Check out my book "Buying Freedom" for a deeper dive into the process: https://amzn.com/dp/B0DGGC7WG8💌 Email me at: [email protected]🌍 Website: https://www.practiceown.com0:00 The Associate's Core Dilemma0:44 Understanding Associate Earnings2:03 Same Work, Double Income3:07 Financial Impact of Associate Status4:14 The Cost of Waiting5:40 Growing Income Gap7:19 The Sunk Cost Fallacy9:02 Overcoming Loss Aversion & Negativity Bias12:01 Status Quo Bias14:38 Why 2026 is the Prime Time for Practice Ownership16:41 The Power of Early Ownership18:26 The Ultimate Decision

Make sure you're buying the right dental practice. If you understand these 14 red flags, then you'll stand a much better chance at buying a practice that meets your goals. 🔔 Learn More About Our Services: https://practiceown.com📕 Check out my book "Buying Freedom" for a deeper dive into the process: https://amzn.com/dp/B0DGGC7WG8💌 Email me at: [email protected]🌍 Website: https://www.practiceown.com0:00 Buying the Right Dental Practice1:06 Low Number of New Patients2:07 Low Active Recall Patients4:04 Emergency-Driven Patient Mix5:39 Low Number of Hygienists7:23 Poor Location9:53 Seller Over-Diagnosing Crowns13:00 High Number of Specialty Procedures15:36 Low Pro Fees & Potential Perio Over-Diagnosis17:04 Seller's Revenue Per Patient is Too High19:18 Family Members on Staff22:21 Low-Paying Insurance Plans24:21 Seller's Unclear Retirement Plans28:05 Unfavorable Lease Terms29:01 Unrealistic Asking Price

Buying a dental practice is one of the biggest decisions you’ll make. This video shows how to tell whether a practice is actually worth buying and what most buyers fail to evaluate before committing.🔔 Learn More About Our Services: https://practiceown.com📕 Check out my book "Buying Freedom" for a deeper dive into the process: https://amzn.com/dp/B0DGGC7WG8💌 Email me at: [email protected]🌍 Website: https://www.practiceown.com0:00 Why Most Dental Practice Evaluations Are Wrong2:39 Where Real Value in a Practice Actually Comes From3:35 Why You Must Define Your Goals Before Buying6:04 Owner vs Associate: Money, Freedom, and Tradeoffs7:14 How Dental Brokers Really Work (And Who They Serve)10:11 Why Accountants Alone Can’t Evaluate a Practice12:29 How to Evaluate the Right Practice for You19:01 The One Question That Decides Everything

Most dentists are not training for the Olympics, but a lot of dentists feel like their job leaves no room for anything else. Today, we're going to talk about how you can reclaim your time while still being extremely successful as a dentist. 🔔 Learn More About Our Services: https://practiceown.com📕 Check out my book "Buying Freedom" for a deeper dive into the process: https://amzn.com/dp/B0DGGC7WG8💌 Email me at: [email protected]🌍 Website: https://www.practiceown.com0:00 The Tradeoff That Shouldn’t Exist1:41 Why Ownership Changes the Math4:31 Designing a Two-Day Workweek6:56 The Real Cost of Staying an Associate11:42 Buying The Right Practice

Dentist income isn’t distributed evenly and it’s not because of skill, effort, or procedures.In this video, I explain why some dentists stay stuck around $120,000 per year while others earn $800,000+ and what actually separates the two.🔔 Learn More About Our Services: https://practiceown.com📕 Check out my book "Buying Freedom" for a deeper dive into the process: https://amzn.com/dp/B0DGGC7WG8💌 Email me at: [email protected]🌍 Website: https://www.practiceown.com0:00 The Dentist Income Gap Explained1:45 Why Dentist Income Is Right-Skewed (Not a Bell Curve)3:35 The Two Drivers of Dentist Income: Collections vs. Leverage7:29 How Different Dentist Jobs Stack Up (Associate, Corporate, Medicaid)12:03 Ownership Paths: Startup vs. Small vs. Large Practices15:45 How Dentists Reach $500K–$1M+ (and Beyond)18:45 Buying the Right Practice: Risks, Growth, and Strategy

If you're buying a dental practice, how many patients does the practice need to have? I'm going to show you exactly how to calculate the number you need to make sure that you buy a practice where you're going to be profitable and successful.🔔 Download the Free Practice Evaluation Checklist: https://practiceown.com/pdf📕 Check out my book "Buying Freedom" for a deeper dive into the process: https://amzn.com/dp/B0DGGC7WG8💌 Email me at: [email protected]🌍 Website: https://www.practiceown.com0:00 How Many Patients Do You Need?0:41 Defining "Profitable"1:58 Production Per Patient2:44 Don’t Trust Practice Brokers4:36 Defining an Active Patient5:07 Three Ways to Calculate Active Patients8:04 Dental Practice Expenses9:01 Doing the Math9:39 Buying the Best Possible Practice

Is it becoming too competitive to buy a dental practice? Today, we're going to talk about some of the changing market dynamics and what you can do to become an incredibly successful practice owner. 🔔 Download the Free Practice Evaluation Checklist: https://practiceown.com/pdf📕 Check out my book "Buying Freedom" for a deeper dive into the process: https://amzn.com/dp/B0DGGC7WG8💌 Email me at: [email protected]🌍 Website: https://www.practiceown.com0:00 More Dentists Entering the Market2:19 DSOs (Dental Service Organizations)8:58 Setting Yourself Apart as a Solo Buyer 11:06 This Is Your Superpower

Buying a dental practice will either be the best or worst decision you ever make. I want to help make sure you buy the right practice. 🔔 Download the Free Practice Evaluation Checklist: https://practiceown.com/pdf📕 Check out my book "Buying Freedom" for a deeper dive into the process: https://amzn.com/dp/B0DGGC7WG8💌 Email me at: [email protected]🌍 Website: https://www.practiceown.comChapters: Intro 00:00I just had a call with a dentist. 00:22They are not doing well. 03:06Practice ownership is awesome. 5:17 You can leave your associate job at any time. 06:04The big risk for dentists. 07:01The most important decision. 08:22

Today, we are going to talk about how much you should pay for a dental practice. We are going to look at the different valuation methods practice brokers often use. And then finally, we're going to look at how you as a buyer can protect yourself and make sure that you are paying a fair price. 🔔 Download the Free Practice Evaluation Checklist: https://practiceown.com/pdf📕 Check out my book "Buying Freedom" for a deeper dive into the process: https://amzn.com/dp/B0DGGC7WG8💌 Email me at: [email protected]🌍 Website: https://www.practiceown.comChapters:00:00 How much should you pay for a dental practice? 00:42 How practice brokers value practices 01:41 Asset-based valuation 02:29 Revenue-based valuation 05:29 Net income-based valuation 09:46 Per patient valuation 15:04 Market/comparable sales-based valuation 15:57 Brokers work for the seller 23:11 Affordability-based valuation 27:10 Negotiating power

Do not buy the wrong dental practice. These are the ten things you need to make sure you are asking before buying. 🔔 Download the Free Practice Evaluation Checklist: https://practiceown.com/pdf📕 Check out my book "Buying Freedom" for a deeper dive into the process: https://amzn.com/dp/B0DGGC7WG8💌 Email me at: [email protected]🌍 Website: https://www.practiceown.comTimestamps:00:00 Buying the Right Dental Practice01:42 Understanding the Seller's Plans Post-Closing06:08 Seller's Expectations for Purchase Price10:05 Number of Active Recall Patients18:55 Yearly Production per Patient22:34 Seller's Treatment Plan Style24:54 Specialty Procedures28:14 Expenses and Overhead31:17 Dental Office Physical Space and Equipment36:45 Market Dynamics and Demographics38:46 Net Income

Today we're going to talk about all the steps that go into buying a dental practice by using a real-life example of a practice that was purchased recently. The buyer is doing very well already, just 6 months in. 🔔 Download the Free Practice Evaluation Checklist: https://practiceown.com/pdf📕 Check out my book "Buying Freedom" for a deeper dive into the process: https://amzn.com/dp/B0DGGC7WG8💌 Email me at: [email protected]🌍 Website: https://www.practiceown.com00:00 new owner01:17 the first practice evaluation02:20 seller out of network07:38 calculating buyer's expected revenue08:51 take your time, do this right09:43 accountants don't always understand dental transitions10:35 finding more practices for sale12:23 the perfect practice13:34 letter of intent14:57 how long does it take?15:16 getting a loan to buy a practice17:27 hiring a lawyer18:13 everything else19:35 is it worth it?

Today I want to talk about how to find a dental practice for sale. These are the things I wish I knew when I was looking for a dental practice to buy. 🔔 Download the Free Practice Evaluation Checklist: https://practiceown.com/pdf📕 Check out my book "Buying Freedom" for a deeper dive into the process: https://amzn.com/dp/B0DGGC7WG8💌 Email me at: [email protected]🌍 Website: https://www.practiceown.com0:00 Finding a dental practice to buy 0:52 Understanding the market 3:41 Finding practice brokers 5:14 How long does it take? 6:53 Buying the right practice 9:49 Finding practices off-market 12:47 Protecting yourself as a buyer 14:12 How to properly utilize an accountant 15:29 How much should I pay? 18:09 What really matters?

Big changes are coming to student loans that could reshape dental education and the future of the profession. I break down what the new rules mean, why they’re happening, and how they’ll impact dental students, new graduates, and current dentists.🔔 Download the Free Practice Evaluation Checklist: https://practiceown.com/pdf📕 Check out my book "Buying Freedom" for a deeper dive into the process: https://amzn.com/dp/B0DGGC7WG8💌 Email me at: [email protected]🌍 Website: https://www.practiceown.com0:00 Massive student loan changes ahead 0:36 Cost of dental school today 1:38 The rise of unlimited Grad PLUS loans 2:31 Explosion of new dental schools 3:14 Why $200K won’t cover the cost 4:00 Limited options for students 5:20 The risks of private student loans 7:25 Practice ownership and repayment strategies 9:15 How this affects current dentists 11:30 The DSO advantage and associate trap 13:55 Final thoughts: why timing matters now

A simple plan that works for dentists.🔔 Download the Free Practice Evaluation Checklist: https://practiceown.com/pdf📕 Check out my book "Buying Freedom" for a deeper dive into the process: https://amzn.com/dp/B0DGGC7WG8💌 Email me at: [email protected]🌍 Website: https://www.practiceown.com00:00 Why dentists play a different money game01:12 Your first move: qualify to buy a practice02:19 Debt04:35 Retirement Accounts10:07 Brokerage Account13:51 Real estate15:29 Should you own the practice building17:13 Other Properties

Many dentists never break past the income ceiling they hit as associates. In this video I show you the path I’ve seen work over and over again, the one that takes you from “comfortable” to real financial freedom. Even one step can keep you stuck for years.🔔 Download the Free Practice Evaluation Checklist: https://practiceown.com/pdf📕 Check out my book "Buying Freedom" for a deeper dive into the process: https://amzn.com/dp/B0DGGC7WG8💌 Email me at: [email protected]🌍 Website: https://www.practiceown.com0:00 Introduction 0:43 Step 1: Find the busiest associate job 5:36 Step 2: Protect your flexibility in contracts 8:49 Step 3: Become an owner as fast as possible 10:14 Step 4: Buy a practice, don’t do a startup 15:40 Step 5: Choose the right practice to buy 22:42 Step 6: Financing and saving 25:34 Step 7: Biggest risk in buying a practice 28:00 Final roadmap (recap)

As a dentist, retiring early is surprisingly achievable if you plan for it properly. And even if you decide not to retire, reaching financial independence gives you freedom: freedom to choose how you work, when you work, and what kind of life you want. Today’s we’re going to break down exactly how dentists can build real financial freedom, and why it starts earlier than you might think.🔔 Download the Free Practice Evaluation Checklist: https://practiceown.com/pdf📕 Check out my book "Buying Freedom" for a deeper dive into the process: https://amzn.com/dp/B0DGGC7WG8💌 Email me at: [email protected]🌍 Website: https://www.practiceown.com00:00 Early Retirement in Dentistry01:37 Deferring Student Loans02:26 Retirement Goal: 4% Rule04:50 Total Savings Projection06:26 Boosting Income Through Ownership10:11 Paying Off All Loans11:43 Retirement13:35 Associate vs. Owner15:07 Freedom After Retirement16:10 Your Choices Matter

In this episode, I walk you through a real case study comparing two practices that looked identical on paper, but had wildly different income potential once we dug into the numbers. We’ll look at: Active patient count, Revenue per patient, Procedure mix, Overhead breakdown, Rent traps and payroll pitfalls. If you're a dentist thinking about buying a practice, this is a must-watch before you make an offer.🔔 Download the Free Practice Evaluation Checklist: https://practiceown.com/pdf📕 Check out my book "Buying Freedom" for a deeper dive into the process: https://amzn.com/dp/B0DGGC7WG8💌 Email me at: [email protected]🌍 Website: https://www.practiceown.com00:00 Choosing the Right Practice00:49 Practice Overview & Metrics01:47 Net Income Comparison03:17 Before You Buy04:42 Patient Recall & Production06:07 Active Patient Count07:38 What You're Really Buying09:26 Fillings, Crowns & Growth12:30 Implants, Dentures & Opportunity13:24 Preventative Care Indicators15:16 Projected Income Differences15:51 Payroll, Rent & Loan20:28 Calculating Net Income26:25 Seller Revenue per Patient27:46 Make the Right Choice

I keep getting the question of should I buy a house first or buy a dental practice first? That's what I want to talk about today. 🔔 Download the Free Practice Evaluation Checklist: https://practiceown.com/pdf📕 Check out my book "Buying Freedom" for a deeper dive into the process: https://amzn.com/dp/B0DGGC7WG8💌 Email me at: [email protected]🌍 Website: https://www.practiceown.com00:00 House or Practice First?01:21 House Before Practice Mistakes03:51 Why Renting Can Be Smarter06:06 Housing Costs vs Earnings08:26 Mortgage vs Rent Flexibility13:40 Mortgage After Practice

Being an owner of a dental practice is amazing. It's incredibly rewarding and you can make a lot of money as well as have a lot of control and freedom, but only if you take into account these risks. 🔔 Download the Free Practice Evaluation Checklist: https://practiceown.com/pdf📕 Check out my book "Buying Freedom" for a deeper dive into the process: https://amzn.com/dp/B0DGGC7WG8💌 Email me at: [email protected]🌍 Website: https://www.practiceown.com00:00 The Path to Dental Practice Ownership00:37 Risk #1: Understanding the Upfront Costs02:15 Risk #2: Leaving the Security of an Associate Job05:02 Risk #3: Navigating Staffing Challenges and Theft08:24 Risk #4: The Owner's Responsibility for Repairs09:40 Risk #5: The Emotional and Mental Load of Ownership11:46 Risk #6: The Possibility of Going Out of Business14:11 Risk #7: Avoiding the Low-Income Death Trap19:13 The Advantages of Practice Ownership vs. Being an Associate

I want to talk about what it's like to be a dental practice owner, especially during your first year of ownership. 🔔 Download the Free Practice Evaluation Checklist: https://practiceown.com/pdf📕 Check out my book "Buying Freedom" for a deeper dive into the process: https://amzn.com/dp/B0DGGC7WG8💌 Email me at: [email protected]🌍 Website: https://www.practiceown.com00:00 Ownership Benefits00:27 First-Year Challenges03:08 Avoid Big Changes06:30 Hiring Right08:50 Insurance Issues14:51 Delegate Tasks17:06 Money Decisions22:08 Handle Stress24:38 Building Wealth

Dentistry is evolving fast, and it’s not just software updates or digital X-rays anymore. In this video, I break down how AI, robotics, and automation are already reshaping the dental industry, and what it means for practice owners, associates, and patients alike. 🔔 Download the Free Practice Evaluation Checklist: https://practiceown.com/pdf 📕 Check out my book "Buying Freedom" for a deeper dive into the process: https://amzn.com/dp/B0DGGC7WG8 💌 Email me at: [email protected] 0:00 Future of Dentistry 00:49 3 Big Changes Coming to Dentistry 01:12 AI in Diagnostics 05:55 AI in Practice Management 07:41 AI in Front Office Automation 10:31 Robotics in Dentistry 17:13 Shifting Dental Business Models 20:36 Tech Advantages for Small Offices 24:35 Navigating Insurance Reimbursement Changes 26:17 A Bright Future for Tech-Savvy Owners

In this video, I break down the truth behind the income gap in dentistry : why some dentists are stuck earning $200K while others are making $500K–$1M+ with the same clinical skills and the same hours. Spoiler: It’s not about working harder. It’s about ownership, strategy, and discipline.🔔 Download the Free Practice Evaluation Checklist: https://practiceown.com/pdf📕 Check out my book "Buying Freedom" for a deeper dive into the process: https://amzn.com/dp/B0DGGC7WG8💌 Email me at: [email protected]🌍 Website: https://www.practiceown.com00:00 The Wealth Gap in Dentistry: Two Income Classes01:17 Ownership is Key, but Not the Only Factor04:17 Why Ownership Doesn't Guarantee Success04:49 Three Factors That Determine Dental Income05:55 The Death Trap: Low Production, High Expenses06:45 Startup vs. Buying an Existing Practice07:53 The Real Path to Wealth: Buying an Established Practice08:32 Financing a Dental Practice Purchase10:14 The Importance of Saving Before Buying11:33 Step 1: The Mindset Shift Required for Wealth14:29 Step 2: Track Your Monthly Expenses15:03 Step 3: Minimize Student Loan Payments17:03 Step 4: Accounting for Taxes18:58 Step 5: Choosing the Right Job19:54 The Predictable Path to Practice Ownership21:36 Sacrifice Today, Wealth Tomorrow

This is what happens when you buy the wrong dental practice. Collections looked strong , over a million dollars, but it was built almost entirely on one over producing crowns and Invisalign cases. If you’re thinking about buying a practice, here’s what you need to look out for, and how to avoid ending up in a situation you can’t undo.🔔 Download the Free Practice Evaluation Checklist: https://practiceown.com/pdf📕 Check out my book "Buying Freedom" for a deeper dive into the process: https://amzn.com/dp/B0DGGC7WG8💌 Email me at: [email protected]🌍 Website: https://www.practiceown.com00:00 The Importance of Buying the Right Dental Practice00:57 Introduction to Practice Evaluation and Checklist02:07 Dentist's Regret: Buying the Wrong Practice02:25 Example of a Decent Dental Practice Purchase06:16 Analyzing a Poor Dental Practice Purchase07:49 Key Metrics: Active Patients and Asking Price10:23 The Pitfalls of Relying Solely on Accountant Advice11:19 The Impact of Patient Volume on Production12:32 Ethical Considerations in Practice Valuation15:06 Operational Assessment: Hygiene Visits and SRPs16:39 Production Analysis: Comparing Procedures18:54 Seller's Production: Ortho and Crown Analysis21:06 Financial Analysis: Projected Income22:15 Revenue per Patient Benchmark26:41 Conclusion: Don't Buy the Wrong Practice

As a dentist, there are so many things you have to worry about. You shouldn't have to worry about making enough money. If you are making less than you would like to be making, just work on improving one of these things, and you could potentially double your income.🔔 Download the Free Practice Evaluation Checklist: https://practiceown.com/pdf📕 Check out my book "Buying Freedom" for a deeper dive into the process: https://amzn.com/dp/B0DGGC7WG8💌 Email me at: [email protected]🌍 Website: https://www.practiceown.com00:00 The Wide Income Gap in Dentistry00:37 Lever 1: Increasing the Number of Patients02:53 Lever 2: Comprehensive Treatment Planning05:14 Lever 3: Maximizing Case Acceptance07:46 Lever 4: Reducing Expenses9:38 Lever 5: Understanding Profit Sharing14:18 Comparing Income Scenarios: Associate vs. Owner21:07 Dentistry: A Field with Opportunity and Options22:19 The Importance of Buying the Right Practice24:30 Key Takeaway: Focus on Patient Numbers

I bought a dental practice just 1 year out of school. Was I ready? In this video, I break down what it’s really like to become a dental practice owner early in your career—both the upsides and the risks. If you're wondering whether you should wait or jump in, this is for you.🔔 Download the Free Practice Evaluation Checklist: https://practiceown.com/pdf📕 Check out my book "Buying Freedom" for a deeper dive into the process: https://amzn.com/dp/B0DGGC7WG8💌 Email me at: [email protected]🌍 Website: https://www.practiceown.com00:00 Should You Buy a Dental Practice Right After School?00:29 Introduction to Chris, the Practice Acquisition Expert00:45 Addressing a Dentist's Concerns About Buying Early01:27 Is Practice Ownership Right for Every Dentist?02:03 The Simplicity of Practice Ownership Compared to Dental School02:47 Financial Overview of First Year After Dental School03:51 Pitfalls of Buying the Wrong Practice04:37 Financing a Dental Practice Acquisition06:14 Acquisition vs. Startup: The Clear Winner06:48 The Experience of Being a Young Practice Owner07:30 How Ownership Impacts Patient and Staff Interactions08:45 Navigating the Excitement and Stress of Early Ownership10:41 The Long-Term Benefits of Ownership: More Money and Freedom12:04 Clinical Readiness: Are You Skilled Enough to Own a Practice?13:44 Achieving Financial Freedom and Hobbies Through Ownership

Most dentists stay broke because they never escape the associate trap. In this video, I’ll show you how buying the right dental practice can unlock financial freedom and let you work less while earning more. If you're tired of stressing about student loans and low pay, this is the game plan.🔔 Download the Free Practice Evaluation Checklist: https://practiceown.com/pdf📕 Check out my book "Buying Freedom" for a deeper dive into the process: https://amzn.com/dp/B0DGGC7WG8💌 Email me at: [email protected]🌍 Website: https://www.practiceown.com🕠 Timestamps:00:00 - The Dentist's Financial Dilemma: Why Many Struggle01:50 - The Solution: Practice Ownership02:06 - Defining Your Desired Income and Lifestyle03:55 - Why Being a Dental Associate Doesn't Work07:36 - Startup vs. Acquisition: Choosing Your Ownership Path10:25 - Understanding What You're Buying: The Patient Base11:49 - Evaluating a Practice: Focus on Active Patients and Production14:03 - Conclusion The Inevitable Path to Financial Freedom

There are more dentists graduating this year than ever before. Associate jobs are becoming more competitive. What options do you have?🔔 Download the Free Practice Evaluation Checklist: https://practiceown.com/pdf📕 Check out my book "Buying Freedom" for a deeper dive into the process: https://amzn.com/dp/B0DGGC7WG8💌 Email me at: [email protected]🌍 Website: https://www.practiceown.com🕠 Timestamps:0:00 - Job Market3:18 - Dentist Compensation7:39 - Strategic Job Search11:02 - Career Opportunities 17:53 - Ownership Challenges and Strategies

If you are buying a dental practice, you must first make sure you understand how to calculate your future profitability.🔔 Download the Free Practice Evaluation Checklist: https://practiceown.com/pdf📕 Check out my book "Buying Freedom" for a deeper dive into the process: https://amzn.com/dp/B0DGGC7WG8💌 Email me at: [email protected]🌍 Website: https://www.practiceown.com🕠 Timestamps:00:00 - Understanding Seller vs. Buyer Profit03:50 - Estimating Your Income as a Buyer05:08 - What is Buyer Profitability?13:10 - Buyer Profitability Formula Explained24:47 - Calculating Loan Payments28:00 - Who to Trust for Financial Advice40:02 - Common Mistakes to Avoid44:20 - Questions

If you are comfortable at your associate job, don’t watch this. If you want to actually take action and make progress in your career, then this is for you.🔔 Download the Free Practice Evaluation Checklist: https://practiceown.com/pdf📕 Check out my book "Buying Freedom" for a deeper dive into the process: https://amzn.com/dp/B0DGGC7WG8💌 Email me at: [email protected]🌍 Website: https://www.practiceown.com🕠 Timestamps:0:00 – First Story About a Dentist2:05 – Stuck at a $140K Associate Job4:47 – Why Brokers Show You Bad Practices First8:01 – Letter of Intent and Making an Offer12:00 – The Real Risk Is Doing Nothing18:27 – Two Dentists, Same Situation, Different Outcome23:00 – You’re Not an Owner Because You Haven’t Tried

🔔 Download the Free Practice Evaluation Checklist: https://practiceown.com/pdf📕 Check out my book "Buying Freedom" for a deeper dive into the process: https://amzn.com/dp/B0DGGC7WG8💌 Email me at: [email protected]🌍 Website: https://www.practiceown.com🕠 Timestamps:0:00 - Profit can be misleading.2:13 - Dental practices are different.5:05 - If revenue goes down.6:21 - How many patients you need.7:02 - 2 metrics determine revenue. 10:12 - Patients are the fuel.12:55 - What accountants and bankers get wrong.15:05 - "Active Patients"18:09 - The most important document you need.20:52 - The most important number to calculate.24:40 - If you buy the right practice, life is easy.27:49 - Don't buy a practice just because it was profitable.

Here are 3 ways to make half a million dollars per year as a dentist.🔔 Download the Free Practice Evaluation Checklist: https://practiceown.com/pdf📕 Check out my book "Buying Freedom" for a deeper dive into the process: https://amzn.com/dp/B0DGGC7WG8💌 Email me at: [email protected]🌍 Website: https://www.practiceown.com🕠 Timestamps:0:00 - Option 1: Working for Someone Else2:55 - Challenges of Working as an Associate6:13 - Option 2: Work For Yourself8:00 - Half Your Time Spent Working9:20 - Giving up 3.2M12:54 - Option 3: Hire an Associate16:33 - Owning Your Practice is The Key

Today you will get a behind-the-scenes look at how I help dentists evaluate whether a dental practice is worth buying. We’ll walk through a real client case (anonymized for privacy) using my Practice Evaluation Checklist to review everything from operatories and financials to patient flow and growth potential. If you're considering buying a practice, this breakdown will give you a clear idea of the steps to take, the risks to watch for, and how to think critically about your investment.🔔 Download the Free Practice Evaluation Worksheet: https://practiceown.com/pdf📕 Check out my book "Buying Freedom" for a deeper dive into the process: https://amzn.com/dp/B0DGGC7WG8💌 Email me at: [email protected]🌍 Website: https://www.practiceown.com🕠 Timestamps:0:00 - Intro and Practice Evaluation Checklist1:07 - Client Background and Finding the Practice3:02 - Evaluating the Practice Setup and Operatories6:00 - Seller Motivation and Retirement Risk11:12 - Financial Health Review and Payroll Analysis20:09 - Active Patients, Hygiene, and New Patient Growth27:00 - Deep Dive: Production Report and Growth Potential36:03 - Next Steps: Visiting, Due Diligence, and Making an Offer

I want to talk about 2 dentists. One of them is earning a lot more than the other, and I mean a lot. Watch to find out why. 🔔 Download the Free Practice Evaluation Checklist: https://practiceown.com/pdf 📕 Check out my book "Buying Freedom" for a deeper dive into the process: https://amzn.com/dp/B0DGGC7WG8 💌 Email me at: [email protected] 🌍 Website: https://www.practiceown.com Video Version: https://youtu.be/dcNi3sacsIg🕠 Timestamps: 0:00 - A Tale of 2 Dentists 0:46 - 70k vs 700k 2:50 - Gender Pay Gap 4:18 - Students Loans 5:17 - Owners Make Income From Others 6:54 - Owners Keep A Higher Percentage 9:24 - Owners Get Better Patients 12:01- Owners Can Customize Their Schedules 14:35 - Tax Advantages 15:13 - Equity 16:16 - Building Up The Courage 18:28 - Now Is The Time

Let's talk about the Letter of Intent (LOI). This is the document that you send to the seller to make an official offer on the practice. There are a lot of key parts that you need to include. This video goes through everything you need to know about an LOI. 🔔 Download the Free Practice Evaluation Worksheet: https://practiceown.com/pdf 📕 Check out my book "Buying Freedom" for a deeper dive into the process: https://amzn.com/dp/B0DGGC7WG8 💌 Email me at: [email protected] 🌍 Website: https://www.practiceown.com 🕠 Timestamps: 0:00 - Making The Offer 1:45 - Sample Letter Of Intent 2:37 - Purchase Price 6:09 - Items Included 7:15 - Items Not Included 7:54 - Acceptance Date 9:04 - Closing Date 10:21 - Due Diligence Period 12:28 - Contingencies 13:33 - Non-Compete Agreement 15:23 - More Contingencies 17:43 - Should The Seller Stay On? 19:26 - Exclusivity Period 20:09 - Earnest Money Deposit 22:46 - Signature Page 24:40 - Next Steps After the LOI

🔔 Download the Free Practice Evaluation Worksheet: https://practiceown.com/pdf📕 Check out my book "Buying Freedom" for a deeper dive into the process: https://amzn.com/dp/B0DGGC7WG8💌 Email me at: [email protected]🌍 Website: https://www.practiceown.com🕠 Timestamps:0:00 - First Thing To Look At0:49 - Comparing 2 Practices2:26 - Production By Procedure Report3:11- Periodic Exams4:50 - Active Patients6:19 - Overproduction By The Seller9:29 - Production Per Patient12:00 - Be Careful Who You Listen To14:17 - Summary

Watch The Video Version on Youtube: https://youtu.be/wumDDdYFTzM🔔 Download the Free Practice Evaluation Checklist: https://practiceown.com/pdf 🔔 📕 Check out my book "Buying Freedom" for a deeper dive into the process: https://amzn.com/dp/B0DGGC7WG8💌 Email me at: [email protected] 🌍 Website: https://www.practiceown.com

Where are the best and worse locations to live to be a dentist? Can you make more money if you live in a certain state? Are some states more or less competitive than others? Watch to find out.🔔 Download the Free Practice Evaluation Worksheet: https://practiceown.com/pdf📕 Check out my book "Buying Freedom" for a deeper dive into the process: https://amzn.com/dp/B0DGGC7WG8💌 Email me at: [email protected]🌍 Website: https://www.practiceown.com🕠 Timestamps:0:00 - dentists can work anywhere1:00 - map showing state population / number of dentists2:43 - dentists prefer some states over others3:52 - dentist income by state5:02 - comparing states5:39 - major trends7:02 - so does it matter?8:01 - live where you want to live8:48 - the real way to increase your income10:05 - you make your own success

When I first started working as a dentist I made a spreadsheet that completely changed the way I looked at working as a dentist. I'm going to share it with you here.🔔 Download the Free Practice Evaluation Worksheet: https://practiceown.com/pdf📕 Check out my book "Buying Freedom" for a deeper dive into the process: https://amzn.com/dp/B0DGGC7WG8💌 Email me at: [email protected]🌍 Website: https://www.practiceown.com🕠 Timestamps:0:00 - The spreadsheet that changed my mind.0:51 - Hygiene production percentage.2:04 - Owners generally produce more.3:08 - But let's assume they both produce $800k.3:32 - Overhead at 60%.4:21 - Let's try 1.2M.5:32 - $264,000!!!!6:13 - Paying back a practice loan = investment.8:03 - The most profitable investment.

Most dentist's don't realize how insanely expensive it is to work as a dental associate. Let's look at how you can keep 70% of your production instead of 30%.🔔 Download the Free Practice Evaluation Worksheet: https://practiceown.com/pdf📕 Check out my book "Buying Freedom" for a deeper dive into the process: https://amzn.com/dp/B0DGGC7WG8💌 Email me at: [email protected]🌍 Website: https://www.practiceown.com🕠 Timestamps:0:00 - working as a dental associate is insanely expensive.0:51 - same work, making less money.1:57 - the actual math behind associate jobs.2:54 - $1200 per day!!!!!!!!3:54 - stop paying for your boss to go to the Bahamas.

Dentists have a lot of student loans. Let's talk about what you can do about it. 🔔 Download the Free Practice Evaluation Worksheet: https://practiceown.com/pdf 📕 Check out my book "Buying Freedom" for a deeper dive into the process: https://amzn.com/dp/B0DGGC7WG8 💌 Email me at: [email protected] 🌍 Website: https://www.practiceown.com 🕠 Timestamps: 0:00 - Average Student Loan Balance For New Dentists 1:04 - Paying Back The Loans As An Associate 2:46 - Options If You Have 300-400k in Student Loans 3:44 - My Student Loans 4:26 - How To Pay Almost Nothing For 3-4 Years 6:55 - The Only Real Answer For A Dentist

Today, I break down what to expect in the first 6 months of owning a dental practice. From Day Zero to Month Six, I’ll walk you through the highs, the challenges, and the steps to get your practice running smoothly.🔔 Download the Free Practice Evaluation Checklist: https://practiceown.com/pdf 🔔📕 Check out my book "Buying Freedom" for a deeper dive into the process: https://amzn.com/dp/B0DGGC7WG8💌 Email me at: [email protected] 🌍 Website: https://www.practiceown.com

As a dentist, sure you can invest in stocks, bonds, or real estate—but there's a smarter, more profitable investment you should consider first: owning your own dental practice. 🔔 Download the Free Practice Evaluation Checklist: https://practiceown.com/pdf 🔔 📕 Check out my book "Buying Freedom" for a deeper dive into the process: https://amzn.com/dp/B0DGGC7WG8  💌 Email me at: [email protected]  🌍 Website: https://www.practiceown.com

Today I’m breaking down the 10 key factors that make a dental practice worth purchasing. From ideal locations to patient numbers, team dynamics, and more, I'll show you exactly what to look for when searching for the perfect opportunity.Youtube Link: https://youtu.be/NEjZTXIYjN4🔔 Download the Free Practice Evaluation Checklist: https://practiceown.com/pdf 🔔 📕 Check out my book "Buying Freedom" for a deeper dive into the process: https://amzn.com/dp/B0DGGC7WG8💌 Email me at: [email protected] 🌍 Website: https://www.practiceown.com

Becoming a dental practice owner can be life-changing. Not only do owners make, on average, $150,000 more per year than associates, but they also enjoy greater freedom, control, and the opportunity to build equity in a business they can sell later.🔔 Download the Free Practice Evaluation Checklist: https://practiceown.com/pdf 🔔 📕 Check out my book "Buying Freedom" for a deeper dive into the process: https://amzn.com/dp/B0DGGC7WG8  💌 Email me at: [email protected] 🌍 Website: https://www.practiceown.com

Why dentists working as associates are making far less than practice owners—and how you can escape this financial pitfall. I’ll show you the shocking data, debunk common myths about ownership, and explain why now is the best time to take control of your career and income.🔔 Download the Free Practice Evaluation Checklist: https://practiceown.com/pdf 🔔 📕 Check out my book "Buying Freedom" for a deeper dive into the process: https://amzn.com/dp/B0DGGC7WG8💌 Email me at: [email protected] 🌍 Website: https://www.practiceown.com

Discover how dentists can maximize their income and avoid financial pitfalls by focusing on the big picture. From smart debt strategies to adopting an abundance mindset, this video breaks down the keys to financial success in dentistry. Don't get stuck penny-pinching—learn how to build wealth, grow your practice, and set yourself up for long-term success.🔔 Download the Free Practice Evaluation Checklist: https://practiceown.com/pdf 🔔📕 Check out my book "Buying Freedom" for a deeper dive into the process: https://amzn.com/dp/B0DGGC7WG8💌 Email me at: [email protected]🌍 Website: https://www.practiceown.com

Are you thinking about buying a dental practice but not sure where to start? In this video, I break down 7 dental practices for sale and compare their locations, prices, and potential profitability. I’ll walk you through: - The pros and cons of each practice - Key financial metrics you need to know - How to decide if a practice is the right investment for you Link to YouTube video (so you can see the pictures and numbers): https://www.youtube.com/watch?v=o5JLjs0ZA6A🔔 Download the Free Practice Evaluation Worksheet: https://practiceown.com/pdf📕 Check out my book "Buying Freedom" for a deeper dive into the process: https://amzn.com/dp/B0DGGC7WG8💌 Email me at: [email protected]🌍 Website: https://www.practiceown.com