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TitlePub. DateDuration
Leadership, Balance & Fulfillment with Debra Nash09 Oct 202401:07:16

The Bulletproof Dental Podcast Episode 371

TITLE: Leadership, Balance & Fulfillment with Debra Nash

HOSTS: Dr. Peter Boulden and Dr. Craig Spodak

GUEST: Debra Engelhardt-Nash

DESCRIPTION:

In this engaging conversation, Debra Engelhardt-Nash shares her extensive experience in the dental field, discussing the importance of disaster preparedness, team training, and creating a positive patient experience. The discussion highlights the significance of leadership, communication, and balancing PPO and fee-for-service practices. Dr. Nash emphasizes the need for a supportive community and the role of masterminds in overcoming challenges in dentistry. The conversation concludes with insights on finding fulfillment in one's dental career and maintaining a positive attitude.

TAKEAWAYS:

  • Debra Engelhardt-Nash is a well-respected figure in dentistry.
  • Disaster preparedness is crucial for dental practices.
  • Having specialized dental advisors can lead to significant savings.
  • Creating a positive team culture enhances the patient experience.
  • Training staff on customer service is essential.
  • Navigating insurance can be challenging but is manageable.
  • Fee-for-service practices require strategic planning.
  • Leadership plays a vital role in practice success.
  • Attitude can significantly impact team morale and patient care.
  • Community support is invaluable for dental professionals.

CHAPTERS

00:00 Introduction to Debra Engelhardt-Nash

02:04 Disaster Preparedness and Relief for Dental Practices

06:07 The Importance of Team Training and Culture

08:48 Navigating Insurance and Patient Relationships

12:04 Creating a Positive Patient Experience

15:02 The Role of Leadership in Dentistry

24:15 The Impact of Attitude on Practice Success

30:22 Balancing PPO and Fee-for-Service Practices

35:06 The Importance of Communication and Verbiage

41:20 Humanize Your Team

51:14 That Moment it’s Time to Change Yourself  to Be Able to Grow Your Practice

1:03:08 Conclusion and Future Engagements

REFERENCES

Bulletproof Mastermind

Bulletproof Summit

Debra Englehardt-Nash

Protecting Yourself (as a dentist), Goal setting, decision fatigue, PolyMarket02 Oct 202400:48:05

The Bulletproof Dental Podcast Episode 370

 HOSTS: Dr. Peter Boulden and Dr. Craig Spodak

 DESCRIPTION

In this engaging conversation, Dr. Peter and Dr. Craig explore a variety of topics ranging from Bitcoin investments to the impact of interest rates on the dental industry. They discuss the correlation between Bitcoin and market liquidity, the evolution of investment knowledge, and the importance of planning for future needs. The conversation also delves into the significance of consistency in learning, decision fatigue, and the role of leadership in decision-making. Ultimately, they emphasize the value of community and collaboration in achieving personal and professional growth.

TAKEAWAYS

  • Bitcoin investments can be a rollercoaster ride of emotions.

  • Interest rates significantly impact the dental industry.

  • Stability in investments becomes more important as one ages.

  • Understanding alternative investments can open new opportunities.

  • Planning for future needs is crucial for success.

  • Mastermind groups can provide valuable insights and growth.

  • Consistency in learning can lead to mastery over time.

  • Decision fatigue can hinder effective leadership.

  • Building a supportive ecosystem is essential for growth.

  • Goal setting and accountability are key to achieving success.

 CHAPTERS

00:00 - Bitcoin Banter: The Journey Begins

02:54 - Interest Rates and Their Impact on Dentistry

06:04 - The Correlation Between Bitcoin and Market Liquidity

09:00 - Investment Strategies: Risk vs. Stability

12:00 - The Evolution of Investment Knowledge

14:53 - The Importance of Planning for Future Needs

18:03 - Mastermind Insights: Growth and Freedom

20:57 - The Power of Consistency in Learning

23:55 - Decision Fatigue: Managing Mental Resources

27:01 - Building a Supportive Ecosystem

29:52 - Goal Setting and Accountability

33:01 - The Role of Leadership in Decision Making

36:01 - Closing Thoughts: Community and Collaboration

REFERENCES

Bulletproof Mastermind

Bulletproof Summit

Bulletproof Real Estate

 

The AI [Dental] Revolution - with Shreyas14 Aug 202400:59:33

The Bulletproof Dental Podcast Episode 361

 

HOSTS: Dr. Peter Boulden, Dr. Craig Spodak

GUEST: Shreyas Parab

 

DESCRIPTION

In this conversation, Peter and Craig interview Shreyas Parab, an AI specialist, about the applications of AI in dentistry. They discuss the potential for AI to increase efficiency in various areas, such as revenue cycle management, chart notes, and phone calls. They also explore the idea of using AI to interact with insurance companies. They explore the benefits of AI receptionists, automated insurance verification, and claims processing. They also discuss the concept of a decentralized DSO and the use of AI in improving operational efficiency. The conversation highlights the importance of leveraging technology to enhance the patient experience and alleviate the burden on dental teams. Overall, the conversation emphasizes the positive impact of AI in dentistry and the potential for growth and innovation in the field.



TAKEAWAYS

  • AI can be used to increase efficiency in various areas of dentistry, such as revenue cycle management and chart notes.

  • Using AI for phone calls, especially for interactions with insurance companies, can save time and reduce frustration for dental practices.

  • AI is not meant to replace humans, but rather to augment their abilities and allow them to focus on tasks that require a human touch. AI can be used to automate various tasks in dentistry, such as receptionist duties, insurance verification, and claims processing.

  • A decentralized DSO model, supported by AI technology, can level the playing field for solo dental practices.

  • The rising tide of AI in dentistry can benefit the entire industry by sharing knowledge and improving processes.

  • The potential of AI in dentistry is vast, and it offers opportunities for growth and innovation.



CHAPTERS

00:00 - Introduction and Background

03:11 - The Energy and Mindset of the Bulletproof Community

06:02 - Understanding Large Language Models (LLMs)

09:28 - Applications of AI in Dentistry: Revenue Cycle Management

13:43 - Automating Phone Calls and Interactions with Insurance Companies

20:45 - Addressing Bottlenecks in Dental Practices with AI

25:20 - The Future of AI in Dentistry: Outbound Calls and Insurance Interactions

29:19 - The Benefits of AI in Dental Operations and Patient Care

34:58 - Automating Receptionist Duties

37:45 - The Rise of Decentralized DSOs

42:23 - AI and the Future of Dentistry

48:49 - Selling to a DSO and Decentralization

56:37 - Conclusion and Looking Ahead



REFERENCES

Bulletproof Mastermind

Shreyas Parab

 

Your Team Can Be Your Superpower or Your Kryptonite16 Nov 202200:41:01

Bulletproof Dental Practice Podcast Episode 271

Hosts: Dr. Peter Boulden & Dr. Craig Spodak

Guests: Dr. Trey Tippit & Dr. Dwight Peccora

Key Takeaways:
Introduction
Implementing Titles and Job Descriptions
Pay Reduction
Delegation
Good Leader

References:

Bulletproof Mastermind
Bulletproof Summit
Mighty Networks: Bulletproof Dental Practice

Tweetables:

Titles can be toxic and dangerous. Dr. Peter Boulden

You don’t have to be all things. Dr. Craig Spodak

We need all of us in order to have a successful business. Dr. Dwight Peccora

Let’s build for the practice we want and not the one we have. Dr. Peter Boulden

We all want a coach. Dr. Craig Spodak

Cannibalization is REAL for Your Practice with Alex Sharp of Shared Practices09 Nov 202200:46:23

Bulletproof Dental Practice Podcast Episode 270

Hosts: Dr. Peter Boulden & Dr. Craig Spodak

Guest: Alex Sharp

Key Takeaways:
Introduction
Merging All Practices
Different Positions Of Equity
Evolution Of The Practice
Cannibalization

References:

Bulletproof Mastermind
Bulletproof Summit
Mighty Networks: Bulletproof Dental Practice

Tweetables:

There’s room for everybody. Dr. Alex Sharp

Dentistry is the darling of equity. Dr. Peter Boulden

Cabo This Week, Immersion Learning, Biggest Breakthroughs, Your Personal KPI is Net Worth02 Nov 202200:39:27

Bulletproof Dental Practice Podcast Episode 269

Hosts: Dr. Peter Boulden & Dr. Craig Spodak

Guests: Dr. Trey Tippit & Dr. Dwight Peccora

Key Takeaways:
Introduction
Mindset Is The Key
Breakdown And Breakthrough
Struggle
Net Worth Tracking

References:

Bulletproof Mastermind
Bulletproof Summit
Mighty Networks: Bulletproof Dental Practice
Think and Grow Rich

Tweetables:

Get in a group of like-minded individuals. Dr. Peter Boulden

If you’re the one who’s smartest it’s going to limit your growth. Dr. Craig Spodak

Breakthroughs don’t need to be massive. Dr. Dwight Peccora

Happiness is not the absence of problems. Dr. Craig Spodak

You should focus on the balance sheet. Dr. Trey Tippit

Blackrock, Smile Direct Bankrupt, Interest Rates to Make Decisions26 Oct 202200:59:47

Bulletproof Dental Practice Podcast Episode 268

Hosts: Dr. Peter Boulden & Dr. Craig Spodak

Guests: Dr. Trey Tippit & Dr. Dwight Peccora

Key Takeaways:
Introduction
Black Rock Getting Into Oral Health/Dental
Lack Of Consolidation Of Dental Industry
Acquisition Concerns
Investor Pressure
Business Change Due to Direct Consumer Influences
COVID And DTC

References:

Bulletproof Mastermind
Bulletproof Summit
Mighty Networks: Bulletproof Dental Practice
Black Rock

Tweetables:

I don’t want to buy your business if you want to bolt from it. Dr. Craig Spodak

You have to diversify your business to have some longevity. Dr. Dwight Pecorra

You can always refinance debt later. Dr. Craig Spodak

It’s very important to have good people around. Dr. Craig Spodak

There’s always something brand new, something unprecedented. Dr. Trey Tippit

Natural Disasters, Getting Sweatyback Over Ideal Case Acceptance, and Removing Your Own Roadblocks with Dr. Rob Ritter and Dr. Chris Ramsey19 Oct 202201:06:01

Bulletproof Dental Practice Podcast Episode 267

Hosts: Dr. Peter Boulden & Dr. Craig Spodak

Guests: Dr. Rob Ritter & Dr. Chris Ramsey

Key Takeaways:
Introduction
Ideal Acceptance
Rule Of Thirds
Digitization Of The Industry
Patient Journey
Marketing Emphasis

References:

Bulletproof Mastermind
Bulletproof Summit
Mighty Networks: Bulletproof Dental Practice
April 14-15  2023 Course Registration
AACD 2023

Tweetables:

You’re in a position where your opinion matters. Dr. Peter Boulden

The context matters. Dr. Peter Boulden

Knowledge is not power, execution is power. Dr. Craig Spodak

The investment can’t return anything if they can’t apply it. Dr. Craig Spodak

Silver Linings of an Upcoming Recession12 Oct 202200:46:15

Bulletproof Dental Practice Podcast Episode 266

Hosts: Dr. Peter Boulden & Dr. Craig Spodak

Guests: Dr. Trey Tippit & Dr. Dwight Peccora

Key Takeaways:
Introduction
Hard Landing On 2023
Status Quo, Right Circles And Power Of The Network
Silver Linings
Diversify

References:

Bulletproof Mastermind
Bulletproof Summit
Mighty Networks: Bulletproof Dental Practice

Tweetables:

Choose your company wisely. Dr. Craig Spodak

When people are scared they drop things. Dr. Peter Boulden

Strength builds numbers. Dr. Peter Boulden

You don’t have to own your dental business to be a business owner. Dr. Craig Spodak

Get ready for war before the war is here. Dr. Peter Boulden

Surviving "SUCKtember" with Dr. Dwight Peccora and Dr. Trey Tippit05 Oct 202200:33:21

Bulletproof Dental Practice Podcast Episode 265

Hosts: Dr. Peter Boulden & Dr. Craig Spodak

Guests: Dr. Trey Tippit & Dr. Dwight Peccora

Key Takeaways:
Introduction
How Was Your Sucktember?
Financial Thermostat
Natural Tension In A Business
Print Out Your Monthly Trends

References:

Bulletproof Mastermind
Bulletproof Summit
Mighty Networks: Bulletproof Dental Practice

Tweetables:

There’s no such thing as coasting in business. Dr. Peter Boulden

There needs to be a certain healthy paranoia for business owners. Dr. Craig Spodak

Adding money to marketing doesn’t always equal more butts in the chair. Dr. Peter Boulden

Comfort in business is very dangerous.  -Dr. Craig Spodak

There is a big difference between tension and conflict. -Dr. Dwight Peccora

You need to let your team breathe. -Dr. Dwight Peccora

Talking Dentistry with the "Best Young Dentist" in the UK Dr. Rhodri Thomas21 Sep 202200:41:44

Bulletproof Dental Practice Podcast Episode 264

Hosts: Dr. Peter Boulden & Dr. Craig Spodak

Guest: Dr. Rhodri Thomas


Key Takeaways:
Introduction
Practice Set-Up
AACD
Indirect Porcelain Versus Direct Resin
Digital Advances In Dentistry

References:

Bulletproof Summit 
Mighty Networks: Bulletproof Dental Practice
Cosmedent - (https://www.cosmedent.com/product-category/dental-composites/)
DALL-E - https://openai.com/dall-e-2/
The Art of Dentistry - https://artofdentistry.co.uk/

8 Habits of Highly Successful Dentists with Dr. Trey Tippit and Dr. Dwight Peccora14 Sep 202201:12:52

Bulletproof Dental Practice Podcast Episode 263

Hosts: Dr. Peter Boulden & Dr. Craig Spodak

Guests: Dr. Trey Tippit and Dr. Dwight Peccora


Key Takeaways:
Introduction
They Have A Clear Vision Of What They Want
They Build Teams
They Know Their Numbers
They Build Systems Of Operations
They Understand Marketing
They Learn How To Delegate
They Become Specialized On The Things That They Want To Do
They Learn How To Enroll

References:

Bulletproof Summit 
Mighty Networks:Bulletproof Dental Practice"
The 7 Habits of Highly Effective People: Powerful Lessons in Personal Change

Tweetables:

Clarity is power. Dr. Craig Spodak

Successful people rely on being self-motivated. Dr. Dwight Peccora

You’re only stuck because you decided to be stuck. Dr. Craig Spodak

Your vision will build your team. Dr. Craig Spodak

A leader needs to evolve. Dr. Craig Spodak

Build it or it’s going to be built for you. Dr. Trey Tippit

Whatever clinical aspect you are in, you should be able to enroll. Dr. Trey Tippit

When you become an exceptional communicator your whole life becomes better. Dr. Craig Spodak 

Words to Use & Words to Eliminate07 Sep 202200:44:13

Bulletproof Dental Practice Podcast Episode 262

Hosts: Dr. Peter Boulden & Dr. Craig Spodak

Key Takeaways:
Introduction
Gross Debridement
Audit
Progress Not Perfection

References:

Bulletproof Mastermind

Bulletproof Summit

Mighty Networks: Bulletproof Dental Practice

10 Persuasive Words Millionaires Use To Get Things Done

Tweetables:

Empathize [with] where the patient is. - Dr. Peter Boulden

There’s a whole art in training, correcting and leading people. - Dr. Peter Boulden

Language is the most powerful tool. - Dr. Craig Spodak

The grass is greenest where you are; you just have to water it more. - Dr. Peter Boulden

Introducing Bulletproof Health with Dr. Uche Odiatu09 Aug 202401:00:43

The Bulletproof Dental Podcast Episode 360

 

TITLE: Introducing Bulletproof Health with Dr. Uche Odiatu

 

HOSTS: Dr. Peter Boulden, Dr. Craig Spodak and Dr. Uche Odiatu

 

DESCRIPTION

In this episode, Craig and Peter are joined by Dr. Uche Odiatu to discuss the importance of health and wellness in dentistry. They emphasize the need to prioritize health and fitness, as it is the foundation for success and longevity. The conversation covers various topics related to health and wellness, including the importance of eliminating junk food, the impact of coffee and alcohol on sleep quality, the concept of being your own pharmacy, the negative effects of exogenous substances on the body, the benefits of discipline and self-esteem, the role of cortisol in the body, the importance of prioritizing self-care as a dentist, and the significance of nutrition in overall health.

 

TAKEAWAYS

  • Health is the foundation for success and longevity in dentistry.

  • Small, sustainable changes in lifestyle can have a significant impact on overall health and wellness.

  • Sleep plays a crucial role in brain health and cognitive function.

  • Light exposure, both in the morning and at night, can affect sleep quality and overall health.

  • Surrounding yourself with a supportive community of like-minded individuals can help you prioritize and maintain your health and wellness goals. Eliminating junk food has a significant impact on overall health and well-being.

  • Coffee and alcohol can negatively affect sleep quality.

  • Being your own pharmacy means relying on your body's natural abilities to heal and function optimally.

  • Discipline and self-esteem are important for long-term health and success.

  • Cortisol plays a role in the body's stress response and can have negative effects if sustained for long periods of time.

  • Prioritizing self-care, including nutrition, is crucial for dentists and other professionals who experience high levels of stress.



CHAPTERS

03:01 - The Foundation of Success: Prioritizing Health and Wellness

07:50 - The Power of Small Changes: Making Sustainable Lifestyle Choices

15:36 - Sleep: The Key to Brain Health and Cognitive Function

23:37 - Light Exposure: Managing Your Circadian Rhythm

29:28 - The Importance of Community: Surrounding Yourself with a Supportive Network

34:10 - The Impact of Junk Food and the Importance of Eliminating It

35:37 - Coffee, Alcohol, and Sleep Quality

37:42 - The Importance of Discipline and Self-Esteem

43:25 - Understanding Cortisol and Stress

53:07 - Prioritizing Self-Care for Dentists




REFERENCES

Bulletproof Mastermind

Bulletproofhealth

Dr. Uche Odiatu

 

It's Still a Good Time to Borrow Money with Chandler Wrightenberry from LiveOak Bank31 Aug 202200:28:22

Bulletproof Dental Practice Podcast Episode 261

Hosts: Dr. Peter Boulden & Dr. Craig Spodak

Guest: Chandler Wrightenberry

Key Takeaways:
Introduction
Rates For Dentals
Background Of LiveOak Bank
Why Is Culture Important?
True Cost Of Capital
Benefit Of Borrowing
Good Debt
Start-Ups And Expansions

References:

Bulletproof Mastermind

Bulletproof Summit

Mighty Networks: Bulletproof Dental Practice

Chandler Wrightenberry: 
828-337-1374
chandler.wrightenberry@liveoak.bank
liveoakbank.com

Tweetables:

People tell people about the experience they had. Dr. Peter Boulden

At the end of the day we need to remember who is important, and that is the customer. Chandler Wrightenberry

COVID made everyone up their game. Dr. Peter Boulden

Small businesses are the backbone of the economy. Chandler Wrightenberry

Is Practice Ownership Right for Me? with Richard Low of Shared Practices24 Aug 202201:06:31

Bulletproof Dental Practice Podcast Episode 260

Hosts: Dr. Peter Boulden & Dr. Craig Spodak

Guest: Richard Low

Key Takeaways:
Introduction
Podcast Preview Of Richard
Questions Before Deciding What To Do With Your Practice
Aptitude And Appetite
Culture Index
Serial Entrepreneur
What I Wish I Could Have Known?
Practice Evaluation And Your Vision
Practices For Acquisition
Incentivizing Hygienists
Fun Part Of Practice Ownership

References:

Bulletproof Mastermind

Bulletproof Summit
Mighty Networks: Bulletproof Dental Practice
Shared Practices Events

Tweetables:

There’s no one right way to do everything. Richard Low

Let your pride go and just pivot. Dr. Craig Spodak

Not everything that counts can be measured. Dr. Craig Spodak

It’s great to have a list, but people hate change. Dr. Peter Boulden

I Fixed my Body from Being a Dentist with Bjoern E. Woltermann of Katalyst17 Aug 202200:39:51

Bulletproof Dental Practice Podcast Episode 259

Host: Dr. Peter Boulden 

Guest: Bjoern E. Woltermann

Key Takeaways:

Fitness And Dentistry
Occupational Pain
STEM And EMS

References:

Bulletproof Mastermind

Bulletproof Summit

Mighty Networks: Bulletproof Dental Practice
Ben Greenfield
Katalyst
Katalyst.Shop

 

Tweetables:

More is not better. Dr. Peter Boulden
Context matters. Bjoern E. Woltermann

Who Cares About Dental Saturation with Dr. Trey Tippit10 Aug 202200:27:18

Bulletproof Dental Practice Podcast Episode 258

Host: Dr. Peter Boulden 

Guest: Dr. Trey Tippit

Key Takeaways:
Introduction

Trey Tippit Background
Saturation Of Dentists
Non-Compete Agreement
Absence Of Someone Being There
Start-Up Vs. Buying A Practice
Confirmation Bias
True Competition

References:

Bulletproof Mastermind

Bulletproof Summit

Mighty Networks: Bulletproof Dental Practice

Tweetables:
Demographics do not quantify the real players of the town. Dr. Peter Boulden

The number is a good starting point but will not tell you a lot of information. Dr. Peter Boulden

Dentists do not compete with other dentists. Dr. Trey Tippit

Don’t be dissuaded by the data. Dr. Peter Boulden

All the data is just an outline. Dr. Trey Tippit

At the end of the day there’s only so many people that you can serve. Dr. Peter Boulden

How To Be Recession Proof04 Aug 202200:38:39

Bulletproof Dental Practice Podcast Episode 257

Hosts: Dr. Peter Boulden & Dr. Craig Spodak

Key Takeaways:

Taking Time Out From The Business
Learnings While Traveling
Status Of The Economy
How to Make Millions In the Next Market Crash
Next Episode Highlight

References:

Bulletproof Mastermind


Bulletproof Summit


Mighty Networks: Bulletproof Dental Practice


Patrick Bet David


How to Make Millions In the Next Market Crash

 

Tweetables:


There are people who just know who they are. Dr. Peter Boulden


There’s no real litmus test for what you have until you depart it. Dr. Craig Spodak


Perspective is very valuable. Dr. Craig Spodak


Collapse all your identities. Dr. Craig Spodak


Everything in life is a micro adjustment. Dr. Craig Spodak


The groups that you listen to will dictate a lot of your actions. Dr. Peter Boulden


If someone really disagrees with you then that’s a good thing. It means you’re standing for something. Dr. Craig Spodak


It is better to be alone by yourself than be with people who make you feel alone. Dr. Craig Spodak


While the narrative is dark, if you believe in what you’re doing, there’s no better time to start than now. Dr. Craig Spodak

Psychology of Buying Series, Part 3: Apple03 Aug 202200:21:13

Bulletproof Dental Practice Podcast Episode 256

Host: Dr. Peter Boulden

Key Takeaways:
Introduction

1. Patent
2. Value Packaging
3. Modified Prototype/Software/Hardware
4. Luxurious Feel Of The Box (Packaging)
5. Unboxing Videos
6. Multi-Sensory Experience
7. Attention To All Details
8. Work On Things That People Won’t Necessarily See
9. Understanding Of Human Psychology When Shopping
10. Keeping iPhone Boxes

References:
Bulletproof Summit

Bulletproof Mastermind


Mighty Networks: Bulletproof Dental Practice

Tweetables:
Audit your sensory experience from top to bottom. Dr. Peter Boulden


Show, don’t tell people about the product. Dr. Peter Boulden


Success leaves clues in all industries. Dr. Peter Boulden

Psychology of Buying Series, Part 2: COSTCO29 Jul 202200:22:17

Bulletproof Dental Practice Podcast Episode 255

Host: Dr. Peter Boulden

Key Takeaways:
Introduction
1. Membership (CostCo Card)
2. Membership Plans
3. Membership Psychology
4. Electronics
5. Bare Bone Appearance
6. Boxes Stacked to the Ceiling
7. Deals Are Great
8. White Label Arm (Kirkland Signature)
9. Simplifies Decision Making Process
10. Size Of Shopping Carts
11. Store Layout
12. Rotating Goods
13. Samples They Give Out
14. Long Checkout Lines
15. Cheap Food

References:
Bulletproof Summit
Mighty Networks: Bulletproof Dental Practice
Costco

Tweetables:
You think there’s no reason for the madness. - Dr. Peter Boulden
Analysis is paralysis. - Dr. Peter Boulden

Psychology of Buying Series, Part 1: IKEA27 Jul 202200:16:59

Bulletproof Dental Practice Podcast Episode 254

Host: Dr. Peter Boulden

Key Takeaways:
Introduction
Psychological Hacks To Spend Money
Sell Furniture That Requires Self-Assembly
Locations
Store Flow
Maze-like Design
Guided Arrows
Desensitizing Environment
Licensed Impulse Buy
Writing Down A List
In-Store Dining
Great Value
Mirrors Everywhere
The Power Of Smell

 

References:
Bulletproof Summit

Mighty Networks: Bulletproof Dental Practice

Ikea

Tweetables:
In goal setting, follow-through is important. Dr. Peter Boulden


Mirrors can possibly increase positive well-being in your practice. Dr. Peter Boulden


Smell is an extremely strong memory recall for people. Dr. Peter Boulden


Greatest differentiation is the value you create. Dr. Peter Boulden

The Canary in the Coal Mine: Does the Dental Data Point to a Recession?20 Jul 202200:54:08

Bulletproof Dental Practice Podcast Episode 253

Hosts: Dr. Peter Boulden & Dr. Craig Spodak

Guest: Steve Jensen of Dental Intelligence

Key Takeaways:
Introduction
Dental Software
Metrics Of Solid Practices
Excellent Re-appointment Rate
Unicorn Doctor
Data Consolidation

References:
Bulletproof Summit

Mighty Networks: Bulletproof Dental Practice

Dental Intelligence
Local Med

Modento

Open Dental


Tweetables:
Unless you take action on the data, it’s useless. Steve Jensen
We’re all our own worst enemies. Dr. Craig Spodak

LIVE from 2022 Bulletproof Summit with Karissa Kouchis13 Jul 202200:29:49

Bulletproof Dental Practice Podcast Episode 252

Host: Dr. Peter Boulden & Dr. Craig Spodak

Guest: Karissa Kouchis

Key Takeaways:
Introduction
Expectation Vs. Reality For The Summit
Assimilation And Creating New Patterns
Do-Overs
Reframe The Guilt And Shame 
Tune In And Tap In
Set Your Runway For What’s Next

References:
Bulletproof Summit

Mighty Networks: Bulletproof Dental Practice

Text or call Lacey, Bulletproof Director, with your Mastermind questions! 404-519-0589

Tweetables:

It weighs on you, when you know what to do and you didn’t do it. Dr. Craig Spodak

Transformation is the adjustment period, correction period, awareness and having a bit of grace for yourself in the process. Karissa Kouchis

Your mind is so intelligent and smart. Karissa Kouchis

There’s two versions of ourselves. Karissa Kouchis

To be an observer of yourself is a very healthy thing. Dr. Craig Spodak

You don’t have to share everything but you can be honest. Karissa Kouchis

When you step into your realness, you’re unstoppable. Dr. Craig Spodak

Those who do the work and have accountability, get massive results. Dr. Craig Spodak

The solution is in the room. Dr. Peter Boulden

So many times we live our lives on auto-repeat. Dr. Peter Boulden

Life cannot go wrong. Karissa Kouchis

The Multiple Ladder by Ish Rouf07 Aug 202401:11:49

The Bulletproof Dental Podcast Episode 359

 

HOSTS: Dr. Peter Boulden, Dr. Craig Spodak

GUEST: Ish Rouf

 

DESCRIPTION

In this conversation, Peter and Craig interview Ish Rouf, who is the C-suite of his wife's private DSO. Ish shares his approach to hiring and developing associates, as well as his perspective on valuing and selling a dental practice. In this part of the conversation, Craig and Ish discuss the importance of understanding the revenue makeup of a dental practice when evaluating it for purchase. They also discuss the importance of clear communication and alignment between dentists and associates when negotiating contracts and expectations. Additionally, they highlight the significance of having comprehensive standard operating procedures (SOPs) and scalable systems in place to ensure the smooth operation and growth of a dental practice.

 

TAKEAWAYS

  • Hiring associates based on their attitude, willingness to learn, and compatibility with the practice's values can lead to long-term success.

  • Investing in technology and aligning the practice with the right team and systems can increase the value of a dental practice. Understanding the revenue makeup of a dental practice is crucial when evaluating it for purchase.

  • Each dental practice is unique and factors such as services offered, fee mix, systems, culture, and technology can greatly impact income potential.

  • Clear communication and alignment between dentists and associates are essential when negotiating contracts and expectations.

  • Comprehensive standard operating procedures (SOPs) and scalable systems are important for the smooth operation and growth of a dental practice. Focus on simplicity, automation, and smooth operations in your dental practice.

  • Profitability is important, but also strive for power and efficiency.

  • Consider implementing accrual accounting to align spending and payment dates.

  • Have visibility into every aspect of your practice for better decision-making.

  • Set goals and incentives for your team to drive productivity and growth.



CHAPTERS

00:00 - Introduction and Cultural Differences

05:26 - Ish's Background and Entry into the Dental Space

12:09 - Hiring and Developing Associates

14:02 - Valuing and Selling a Dental Practice

20:07 - Investing in Technology and Aligning the Practice

25:26 - Understanding Revenue Makeup in Dental Practice Evaluation

29:15 - Clear Communication and Alignment in Contract Negotiations

31:13 - The Significance of Comprehensive SOPs and Scalable Systems

36:18 - The Importance of Migrating to Enterprise-Grade Systems

51:11 - The Power of Simplicity and Automation

55:26 - Creating a Smooth and Efficient Operation

57:29 -  Setting Goals and Incentives

 

“The easier it is for you to run your business, the easier it is for someone to want to buy it. Additionally, the smoother the operation, the lower the likelihood you’d want to sell it. People love to sell their problems, not their opportunities.”

-Dr. Craig Spodak 

 

REFERENCES

Ish’s Multiple Ladder

3 - Industry premium (dental) 

1 - Year-on-year profitable, with 10% investor return 

1 - Group practice with SOPs in place 

1 - Multi-state practice with compliance in place 

1 - Corporate function already established 

2 - Enterprise-grade financial accounting 

1 - Centralized reporting and forward-looking analytics 

1 - User-/persona-level reporting 

1 - Future-proof tech stack 

1 - Integration playbook, diligence team, and rollout team 

1 - Internal training and coaching library with LMS system 

1 - Centralized procurement 

1 - Centralized call center 

0.5 - Strong recruitment pipeline 

0.5 - No key person risk

 

Bulletproof Mastermind

Ish Rouf

 

Reduce the Friction TO GET PAID with Dr. Dwight Peccora29 Jun 202200:38:37

Bulletproof Dental Practice Podcast Episode 250

Host: Dr. Peter Boulden

Guest: Dr. Dwight Peccora

Key Takeaways:

Introduction
Payment Collection
Frictionless Payment Methods
Patient Treatment

References:

Bulletproof Summit

Mighty Networks: Bulletproof Dental Practice

Compassionate Finance/Abella

Dansereau

Reduce the Friction

Tweetables:

Present treatment in monthly trunches. Dr. Peter Boulden

Creating ways for people to say yes is magic. Dr. Peter Boulden

Find strategies to get them their care. Dr. Dwight Peccora

Continue to audit and sharpen your knife. Dr. Peter Boulden

Career Defining Moments from the World's Most Famous FBI Agent, George Piro22 Jun 202200:57:52

Bulletproof Dental Practice Podcast Episode 250

Hosts: Dr. Craig Spodak

Guest: George Piro

Key Takeaways:

Introduction
Life And Career History
FBI History
Combat Missions
Sadam Hussein Interview
Martial Arts Career
Level Of Unfulfillment
Employee Assistance
FBI Physical Tests
Cyber Threats
Invest In Protecting Your Data

References:
Bulletproof Summit

Mighty Networks: Bulletproof Dental Practice

American Top Team

George Piro Instagram 

Live Oak Bank

Tweetables:

The perception that you are not appreciated can really destroy people’s hearts. Dr. Craig Spodak

Fitness is not only the fountain of youth but it helps deal with stress, anxiety and depression. George Piro

Assistance before anything else. George Piro 

"I Want to Raise Profits Before Selling"15 Jun 202200:38:56

Bulletproof Dental Practice Podcast Episode 249

Hosts: Dr. Peter Boulden & Dr. Craig Spodak

Key Takeaways:
Introduction
Money In Private Equity
12 Month Prediction Of Valuation
Truth And Lending Disclosure
Best Way To Get Out Of Debt
Impending War With Russia

References:

Bulletproof Summit

Mighty Networks: Bulletproof Dental Practice

Kleer 

Tweetables:

The days of free money are over for a while. Dr. Peter Boulden

If you’re thinking about selling I would probably do it now versus a year from now. Dr. Craig Spodak

You can’t time the market. Dr. Peter Boulden

There’s nothing like having cash flow. Dr. Craig Spodak

There’s money in taking advantage of these trenches of money. Dr. Craig Spodak

War is a very lucrative endeavor for institution politicians.  Dr. Craig Spodak

Creative Content Ideation with Dr. Nick Ciardiello08 Jun 202200:54:40

Bulletproof Dental Practice Podcast Episode 247

Hosts: Dr. Peter Boulden & Dr. Craig Spodak

Guest: Dr. Nick Ciardiello

Key Takeaways:
Introduction
Specific Job On The Practices
Economics Of Exiting
Growing An IG Account
Concerns
IG And FB Versus TikTok
Virtual Consults
How To Get Started

References:

Mighty Networks: Bulletproof Dental Practice

Tweetables:

It doesn’t take money to make money, it takes leverage to make money. Dr. Craig Spodak

Base rent is to the benefit of the landlord and the options are to your benefit. Dr. Peter Boulden

Find your ideal patient. Dr. Craig Spodak

Use your WOW! Then you’re done. Dr. Peter Boulden

Get those content out there. Dr. Nick Ciardiello

Winter is Coming01 Jun 202200:43:35

Apply for our 2022-2023 Mastermind NOW at BulletproofMastermind.com! Applications will close 6/3 at 6 PM CT!!

Bulletproof Dental Practice Podcast Episode 247

Hosts: Dr. Peter Boulden & Dr. Craig Spodak

Key Takeaways:
Introduction
Tax Code Section 1031
Yield Curve And Interest Rates
Value Of Your Practice
Form A Strategy

References:

Bulletproof Summit www.bulletproofsummit.com

Mighty Networks: Bulletproof Dental Practice

Tweetables:

Dentistry and SMP are fairly correlated. Dr. Craig Spodak 

Calibrate where you are. Dr. Peter Boulden

Your biggest disrupter of sleep is your phone. Dr. Peter Boulden

Rants and Rambles: Real Estate, Raccoons, Being Happy25 May 202200:31:41

Apply for our 2022-2023 Mastermind NOW at BulletproofMastermind.com!

Bulletproof Dental Practice Podcast Episode 246

Hosts: Dr. Peter Boulden & Dr. Craig Spodak

Key Takeaways:
Introduction
Bitcoin
Land Prices And Loans
Practice Expansion
Hack-Call 5 People


References:

Bulletproof Summit www.bulletproofsummit.com

Mighty Networks: Bulletproof Dental Practice

My First Million 

The All-In Podcast 

 

Tweetables:

If you can’t be happy where you’re at, you can never be happy. Dr. Craig Spodak

Inventory really helps. Dr. Peter Boulden

Whatever you need in life, give it away first. Dr. Craig Spodak

It’s really important to believe what you’re doing. Dr. Craig Spodak

Bulletproof Storytime18 May 202200:42:40

Apply for our 2022-2023 Mastermind NOW at BulletproofMastermind.com!

Bulletproof Dental Practice Podcast Episode 245

Hosts: Dr. Peter Boulden & Dr. Craig Spodak

Key Takeaways:
Introduction
Elon Buying Twitter
'And Then What' Game
HR-5 Testing
Gratitude

References:

Bulletproof Summit

Mighty Networks: Bulletproof Dental Practice

Tweetables:

Hate speech should not be allowed. Dr. Peter Boulden

If you don’t have an active process to curate some level of gratitude for what you have you will take it for granted. Dr. Craig Spodak

Losses were just accelerated learning. Dr. Peter Boulden

Million Dollar Clear Aligner Practice with Nick Greenfield of Candid18 May 202200:40:58

Apply for our 2022-2023 Mastermind at BulletproofMastermind.com

Bulletproof Dental Practice Podcast Episode 243

Hosts: Dr. Peter Boulden & Dr. Craig Spodak

Guest: Nick Greenfield, CEO Candid Co. 

Key Takeaways:
Introduction
Candid And Its Benefit To The Dentist
Orthodontics
Chair Time Reduction

References:

Bulletproof Summit

Mighty Networks: Bulletproof Dental Practice

Candid

Nick's email  address: nick@candidco.com

Super Pumped on Showtime

Tweetables:

Technology has revolutionized the way you do your craft. Dr. Craig Spodak

Orthodontics is a service. Nick Greenfield

Crowded teeth is not cosmetic. Dr. Craig Spodak

2022-2023 Mastermind Announcement!14 May 202200:10:02

Apply to join our 2022-2023 Mastermind NOW at BulletproofMastermind.com

Bulletproof Dental Practice Podcast Episode 244

Hosts: Dr. Peter Boulden & Dr. Craig Spodak

"When things are great masterminds are good; when things are bad masterminds are really necessary." Dr. Craig Spodak

Not Just Saving Teeth with Charissa Wood of Bulletproof Hygiene and Dr. Tom Nabors and Lora Hooper of HR504 May 202200:38:15

Join us for our 2022 Summit! Learn more and register at  BulletproofSummit.com

Bulletproof Dental Practice Podcast Episode 242

Host: Dr. Peter Boulden

Guests: Charissa Wood, Dr. Tom Nabors & Lora Hooper 

Key Takeaways:

Introduction
Diagnostic Driven Dentistry
Creating The Value
More on HR5 Salivary Testing

References:

Mighty Networks: Bulletproof Dental Practice

Sign up for HR5 Salivary Testing!

Tweetables:

We have a huge role to play in the healthcare system. Lora Hooper

People are seeing the value of testing now. Dr. Peter Boulden

There’s a guilt accompanying incomplete treatment. Dr. Tom Nabors

Hygiene is the superhero of the practice. Dr. Peter Boulden

Craig & Pete Talk to @TheDSOGuy about orthodontic Startups, Marketing, and Offshore Hires31 Jul 202400:49:10

The Bulletproof Dental Podcast Episode 358

HOSTS: Dr. Peter Boulden and Dr. Craig Spodak

GUESTS: David Ensley

DESCRIPTION

In this conversation, Craig and Peter interview David Ensley, an orthodontist and part of a dental service organization (DSO). They discuss various topics including the use of Twitter for networking, the differences between GP and ortho startups, the importance of location and visibility for dental practices, the use of Google Ads and CRM for marketing, and the benefits of hiring offshore employees. David shares insights on in-house financing in orthodontics and the challenges of cash flow in the beginning. He also emphasizes the value of specialized roles and better talent that can be obtained through offshore hiring. David shares insights on managing remote teams, finding the right talent, and creating a pathway to ownership for dentists. 

TAKEAWAYS

  • Orthodontic startups face challenges with cash flow in the beginning due to the longer treatment times and monthly payment plans.
  • Location and visibility are crucial for dental practices, and retail locations with high vehicle traffic are preferred.
  • Google Ads and CRM systems like Go High Level can be effective tools for marketing and lead management.
  • In-house financing is more common in orthodontics due to the longer treatment times and the ability to break up payments throughout treatment.
  • Hiring offshore employees can provide access to specialized roles and better talent at an affordable price. Remote workers can bring efficiency and specialization to a dental practice or DSO.
  • Partnerships in a DSO can provide a pathway to ownership and increase retention and quality.
  • Collaboration with professionals outside of dentistry can bring fresh perspectives and innovative ideas.
  • Twitter can be a valuable platform for learning, networking, and engaging with professionals from various industries.

CHAPTERS

00:00 - Introduction 

04:14 - Challenges and Considerations for Ortho Startups

10:10 - The Importance of Location and Visibility

15:19 - Using Google Ads and CRM for Marketing

20:54 - Benefits of Hiring Offshore Employees

25:50 - Introduction to David Ensley and Remote Workers

27:04 - Partnerships: A Pathway to Ownership in a DSO

30:15 - Reciprocity and the Democratization of Ownership in Dentistry

35:26 - Competition and Efficiency in the Orthodontic Market

39:06 - Collaboration and Learning Beyond Dentistry

44:32 - The Power of Twitter for Networking and Knowledge Sharing

46:02 - Future Plans and Invitation to Connect



REFERENCES

Bulletproof Mastermind

Bulletproof Summit 2025

David Ensley

 

There Are NO Mistakes in Life with Dr. Rich "Dancing Dentist" Constantine27 Apr 202200:30:50

Join us for our 2022 Bulletproof Summit - register NOW before tickets sell out! BulletproofSummit.com

Bulletproof Dental Practice Podcast Episode 241

Hosts: Dr. Peter Boulden & Dr. Craig Spodak

Guest: Dr. Rich Constantine

Key Takeaways:
Introduction
Effects of Viral Video on the Practice
Source of Inspiration
Role Delegation
Direction of the Practice

References:

Bulletproof Summit 

Mighty Networks: Bulletproof Dental Practice

Smile On Cancer

Dr. Rich Constantine Instagram

Tweetables:

You want to say yes to everything. Dr. Rich Constantine

You get more efficient with your bandwidth. Dr. Peter Boulden

The Getting is in the Giving with Dr. Mark Costes20 Apr 202200:52:30

Join our network at www.Bulletproof.Dental to stay in the know on all things Bulletproof!

Bulletproof Dental Practice Podcast Episode 240

Hosts: Dr. Peter Boulden & Dr. Craig Spodak

Guest: Dr. Mark Costes 

Key Takeaways:
Introduction
Content Curation
Ecosystem
Scalability
Aha! Moment
Dentistry In The Next 3 Years

References:

Bulletproof Summit www.bulletproofsummit.com

Mighty Networks: Bulletproof Dental Practice

2022 Dental Success Summit 

Dr. Mark Costes Linkedin 

Tweetables:

At this day and age people have very little attention span. Dr. Mark Costes

Attention is becoming a “rarer” commodity. Dr. Peter Boulden

Everybody is chasing different things. Dr. Craig Spodak

The ultimate ROI is your happiness. Dr. Craig Spodak

If it’s your calling , you don’t care about the financial return. Dr. Mark Costes

Everybody comes in with different pain points. Dr. Mark Costes

Zoom calls don’t move the needles like in person meetings do. Dr. Peter Boulden

Peak Performance - Brain Training and Longevity15 Apr 202200:35:17

Join our network at www.Bulletproof.Dental to stay in the know on all things Bulletproof!

Bulletproof Dental Practice Podcast Episode 239

Hosts: Dr. Peter Boulden

Key Takeaways:
Introduction
Train Your Brain
Nootropics
Lumosity: Brain Training
Off, Buffer And Peak Days
Find Your Flow For Innovation
Do Work In Chunks Of Time
Longevity

References:

Bulletproof Summit www.bulletproofsummit.com

Mighty Networks: Bulletproof Dental Practice

Lumosity: Brain Training

SCIENTISTS IDENTIFY HOW MANY HOURS TO EAT A DAY TO OPTIMIZE LONGEVITY

Older adults: Build muscle and you'll live longer

Lifespan

Extend Healthspan

Forever Labs code: PB 597

10 LONGEVITY RESOLUTIONS FOR 2022

Life Force: How New Breakthroughs in Precision Medicine Can Transform the Quality of Your Life & Those You Love

Scientific Progress to Radical Antiaging, Aubrey Sees 50+% of Longevity Escape Velocity by 2035

Tweetables:

Be careful of your media consumption. Dr. Peter Boulden

In serving so many people we forget to serve our own self. Dr. Peter Boulden

Put your mask on first. Dr. Peter Boulden

Peak Performance - Testing14 Apr 202200:15:25

Join our network at www.Bulletproof.Dental to stay in the know on all things Bulletproof!

Bulletproof Dental Practice Podcast Episode 238

Hosts: Dr. Peter Boulden

Key Takeaways:

Introduction
Full Genome Mapping
Heavy Metal Testing
Hormones Tested
Full CBC Panel
Galleri Test For Cancer
Colonoscopy

References:

Bulletproof Summit www.bulletproofsummit.com

Mighty Networks: Bulletproof Dental Practice

Health Nucleus 

Fountain Life 

Galleri 

Boston Heart Diagnostics  

Cleveland Clinic 

Tweetables:

If testing can give you peace of mind, why not? Dr. Peter Boulden

Do not rely on your physician for a comprehensive test. Dr. Peter Boulden

Be an advocate of your own body. Dr. Peter Boulden

Peak Performance - Diet and Exercise13 Apr 202200:17:18

Join our network at www.Bulletproof.Dental to stay in the know on all things Bulletproof!

Bulletproof Dental Practice Podcast Episode 237

Hosts: Dr. Peter Boulden

Key Takeaways:

Introduction
Food And Exercise
Intermittent Fasting
Increasing Longevity
Bulletproof Coffee And MCT Oil
HIIT
Find A Way To Sweat

References:

Bulletproof Summit 2022

Mighty Networks: Bulletproof Dental Practice

75 hard challenge 

Trifecta 

Sun Basket  

Hello Fresh 

Joe Rogan - How To Workout Smarter

Katalyst

10 LONGEVITY RESOLUTIONS FOR 2022 

Life Force: How New Breakthroughs in Precision Medicine Can Transform the Quality of Your Life & Those You Love

Tweetables:

Some of the best things happen when you’re in movement. Dr. Peter Boulden

Peak Performance - Sleep12 Apr 202200:16:53

Join our network at www.Bulletproof.Dental to stay in the know on all things Bulletproof!

Bulletproof Dental Practice Podcast Episode 236

Hosts: Dr. Peter Boulden

Key Takeaways:

Introduction
Biggest Game-Changer In Life
REM Vs. Restorative Sleep
Tools For Better Sleep

References:

Bulletproof Summit 2022

Mighty Networks: Bulletproof Dental Practice

Peak Performance: Elevate Your Game, Avoid Burnout, and Thrive with the New Science of Success 

Tools Of Titans: The Tactics, Routines, and Habits of Billionaires, Icons, and World-Class Performers 

Chili pad

HORUS X - Blue Light Blocking Glasses 

Why We Sleep: Unlocking the Power of Sleep and Dreams 

Oura Ring

ERICKHILL EMF Meter (HVACC)

Tweetables:

It makes sense to take care of yourself. Dr. Peter Boulden

Sleep is when you regenerate. Dr. Peter Boulden

Reduce the Friction30 Mar 202200:36:21

Join our network at www.Bulletproof.Dental to stay in the know on all things Bulletproof!

Bulletproof Dental Practice Podcast Episode 235

Hosts: Dr. Peter Boulden & Dr. Craig Spodak

Key Takeaways:

Introduction
Barriers To Potential Entry
Getting The Information You Want
Ability To Have Online Consultations
Ability To Message Patient Via Text Messaging
Ability To Do Online Paperwork
How People Pay You
Hours

References:

Bulletproof Summit 2022

Mighty Networks: Bulletproof Dental Practice

Tweetables:

If you’re confused, you will lose. Dr. Peter Boulden

Fear is a friction point. Dr. Peter Boulden

"I HATE Dentistry" with Dr. Jenny Perna23 Mar 202201:05:16

Join our network at www.Bulletproof.Dental to stay in the know on all things Bulletproof!

Bulletproof Dental Practice Podcast Episode 234

Hosts: Dr. Craig Spodak

Guest: Dr. Jenny Perna

Key Takeaways:
Introduction
Depression In Dentistry
Guilt Vs. Shame
Confidence In Your Motivation
Navigating Team Dynamics
Trade Expectations With Appreciation
Find Your Anchors For Mental Strength
Mobility And Physical Strength
Art Of Fulfillment 

References:

Bulletproof Summit 2022

Mighty Networks: Bulletproof Dental Practice

Dr. Jenny Perna Website 

Dr. Jenny Perna Instagram

The Obstacle Is the Way: The Timeless Art of Turning Trials into Triumph

Mindset: The New Psychology of Success 

Tweetables:

New grads are still navigating being a dentist. Dr. Jenny Perna

We’ve all done work we’re not proud of, it happens. Then we redo it. Dr. Craig Spodak

When you are triggered emotionally, you can’t think clearly. Dr. Craig Spodak

The suffering and down moments, expand your ability to feel. Dr. Craig Spodak

If you modulate the downside, you modulate the upside. You Just feel less. Dr. Craig Spodak

We get rewarded in public for things we intensely practice for in private. Dr. Craig Spodak

We’re not going to be the provider for every single person on this planet. Dr. Jenny Perna

Cosmetic Dentistry is not about dentistry, it's psychology. Dr. Craig Spodak

The hack in life is we get what we give. Dr. Craig Spodak

You can’t hijack someone else’s vision. Dr. Craig Spodak

If you don’t know what you want, you’ll never get there. Dr. Craig Spodak

Every instance that challenges us, gives us an opportunity for growth. Dr. Jenny Perna

Dentistry has many avenues for success. Dr. Jenny Perna

Your life is not for me, it’s for you. Dr. Craig Spodak

Do not overindulge in your suffering. Dr. Craig Spodak

Find tools outside of dentistry that will give you good mental strength. Dr. Jenny Perna

You can’t be mentally strong if you are physically weak. Dr. Craig Spodak

What we feel less of, we should give to others. Dr. Craig Spodak

Expanding your Identity as an Intrapreneur with Dr. Lisel Balk16 Mar 202200:39:09

Join our network at www.Bulletproof.Dental to stay in the know on all things Bulletproof!

Bulletproof Dental Practice Podcast Episode 233

Hosts: Dr. Craig Spodak

Guest: Dr. Lisel Balk

Key Takeaways:
Introduction
Transformation
Dr. Lisel 3.0
Greatest Hack To Grow Your Practice
Trifecta Of A Good Dentist/Associate
Diagnosis, Hand Skills, Personality and Leadership
How To Become A Successful Entrepreneur

References:

Bulletproof Summit

Mighty Networks: Bulletproof Dental Practice

Dr. Lisel Balk Instagram

Tweetables:


The more they like you, the more they’ll talk about you. Dr. Lisel Balk

You have to choose a practice that suits the type of dentistry you wish to do. Dr. Craig Spodak

You should cultivate the team around you. Dr. Craig Spodak

Leader: actions and words should inspire others to become more. Dr. Craig Spodak

If they don’t know you exist how can they be friends with you? Dr. Lisel Balk

Rants and Rambles09 Mar 202200:58:53

Join our network at www.Bulletproof.Dental to stay in the know on all things Bulletproof!

Bulletproof Dental Practice Podcast Episode 232

Hosts: Dr. Peter Boulden & Dr. Craig Spodak

Key Takeaways:
Introduction
Big Mac Index
Insurance
Flexing Your Profession
Bitcoin

References:

Bulletproof Summit 2022

Mighty Networks: Bulletproof Dental Practice

Tweetables:

Don’t sell your current one until you secure a new one. Dr. Craig Spodak

Insurance is a faucet. Dr. Craig Spodak 

Focus on Your EBITDA - Interest Rates Falling - with Brannon Moncrief24 Jul 202400:44:51

The Bulletproof Dental Podcast Episode 357

HOSTS: Dr. Peter Boulden and Dr. Craig Spodak

GUESTS: Brannon Moncrief 

DESCRIPTION

In this episode, Craig and Peter welcome guest Brannon Moncrief as they discuss the common misconception that more dental practice locations automatically lead to higher valuations and buyer demand. They emphasize the importance of building intentionally and scaling only when the first location is successful and profitable. They also highlight the significance of EBITDA as the ultimate key performance indicator (KPI) in dental practice operations and provide insights into what private equity buyers look for in terms of EBITDA percentages. The discussion also touches on the issue of fake EBITDA and the misconception that high personal income equates to a valuable business. 

TAKEAWAYS

  • Building with intentionality and ensuring the success and profitability of each location before scaling is crucial.

  • EBITDA is the ultimate KPI in dental practice operations and is significant in valuations and buyer demand.

  • Private equity buyers look for EBITDA percentages in the range of 20-25% for healthy margins.

  • The macroeconomic climate, including interest rates, influences dental practice valuations.

  • The market for dental practice acquisitions has changed, with a shift in the mix of buyers and increased scrutiny on the quality of assets. Building a real business in dentistry requires scalability and the ability to survive without the dentist's direct involvement.

  • High personal income does not necessarily equate to a valuable business, as fake EBITDA can inflate profits.

  • Consolidation in the dental industry is expected to continue, with private equity playing a significant role.

  • Dentists should focus on optimizing their practices and adapting to changes in the industry to stay competitive.

  • Understanding the value of your business and planning for the future is crucial for long-term success.

CHAPTERS

00:00 - Introduction and Scaling Misconceptions

06:33 - Building with Intentionality and EBITDA Importance

13:08 - Macroeconomic Climate and Dental Practice Valuations

18:15 - The Future of Dental Practice Acquisitions

23:16 - Building a Real Business in Dentistry

24:48 - The Pitfalls of Fake EBITDA

28:23 - Consolidation in the Dental Industry

36:30 - Adapting and Optimizing for the Future

 

REFERENCES

Bulletproof Mastermind

Bulletproof Summit 2024

McLerran and Associates

 

Associates: When? Who? How? AND MORE - PART 204 Mar 202200:29:39

Join our network at www.Bulletproof.Dental to stay in the know on all things Bulletproof!

Bulletproof Dental Practice Podcast Episode 231

Hosts: Dr. Peter Boulden & Dr. Craig Spodak

Key Takeaways:
Introduction
ABR: Always Be Recruiting
Outputs Are Equals To Inputs
Creative Advertising
Training Process

References:

Bulletproof Summit 2022

Mighty Networks: Bulletproof Dental Practice

Who: The A Method for Hiring

Careers Atlanta Dental Spa

Tweetables:

Culture [is the] most iconic advertisement you could make. Dr. Craig Spodak

Consistently appreciate what you have. Dr. Craig Spodak

A great associate should lead to a potential partner. Dr. Peter Boulden

Associates: When? Who? How? AND MORE - PART 102 Mar 202200:41:52
Join our network at www.Bulletproof.Dental to stay in the know on all things Bulletproof!

Bulletproof Dental Practice Podcast Episode 230

Hosts: Dr. Peter Boulden & Dr. Craig Spodak

Key Takeaways:
Introduction
Right Time To Hire An Associate
Liveable Experience
How To Find The Right Associate

References:

Bulletproof Summit 2022

Mighty Networks: Bulletproof Dental Practice

Who: The A Method for Hiring

Tweetables:

Fear is a good motivator. -Dr. Peter Boulden

Like attracts like. Dr. Peter Boulden

Bulletproof Vs. Shared Practices with Dr. George Hariri21 Feb 202201:13:25

Join our network at www.Bulletproof.Dental to stay in the know on all things Bulletproof!

Bulletproof Dental Practice Podcast Episode 229

Hosts: Dr. Peter Boulden & Dr. Craig Spodak

Guest: Dr. George Hariri

Key Takeaways:

Introduction
Beginning Of Analytics-based Project Management
Macro Problem In Dentistry
Baseline Level Of Happiness
Microcourse Corrections

References:

Bulletproof Summit 2022

Mighty Networks: Bulletproof Dental Practice

Shared Practices Podcast

Shared Practices’ Analytics-based Office Management: March 25-26th

Learn more about Shared Practices’ events

Tweetables:

The worst outcome for anybody is to have everything they ever wanted and still feel hugely unfulfilled. Dr. Craig Spodak

There’s going to be a buyer for every type of practice. Dr. Craig Spodak

Everyone has a different set of ingredients that leads to the highest baseline level of happiness for them. Dr. George Hariri

The consumer will tell you if you are valuable or not. Dr. Craig Spodak

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