Dentists, Puns, and Money

Welcome to Dentists, Puns and Money! In this episode, we talk with Dr. Casey Goetz of Cuivre Creek Pediatric Dentistry. Dr. Goetz's interest in pediatric dentistry began with a chance encounter. It's just one of the many interesting topics we discuss. (And if you missed the last episode, The Practice Growth Podcast is now renamed Dentists, Puns & Money ). Listen to learn more about:  How Dr. C...

Welcome to Dentists, Puns, and Money! The podcast formerly known as The Practice Growth Podcast has a new name. We have rebranded to better align with the dental-specific focus of our firm, Dentist Exit Planning . We also believe the new name better reflects the overall mission of the podcast. In this week's episode, we discuss the past, present, and future of the podcast. We hope you'll listen he...

There’s no substitute for experience, as the say goes. Ryan Siler has more than ten years’ worth in the dental industry, working in multiple roles with multiple companies. Ryan is now a Regional Manager with Benco Dental, and he’s this week’s guest on The Practice Growth Podcast. Listen to learn more about:  The traits Ryan finds in successful dentists. What trends he sees impacting dentistry in t...

A dental practice’s website is a critical piece of adding and keeping patients.    DocSites builds and designs websites and marketing programs specifically for dental practices. Co-founder Kayvan Mott is our guest on the latest episode of The Practice Growth Podcast.    Listen to learn more about: The four key elements to include on a dental practice website The questions practice owners should as...

If you ever plan to buy a dental practice, this week’s episode of The Practice Growth Podcast is a must-listen. Brian Hanks is a national dental transitions expert, accountant, and CFP. Brian Hanks literally wrote the book on how to buy a dental practice. In fact, “How to Buy a Dental Practice” is the title of his book. As a national “buy-side” transition specialist, Brian discusses: The biggest m...

Dr. Jarod Johnson is a lifelong learner. It’s what led him to start his own podcast and launch a mentorship program for other pediatric dentists. Listen to learn more about: The two big lessons Dr. Johnson has learned as an owner dentist. How he uses social media to connect with others in the dental industry. What Dr. Johnson hopes to accomplish by launching his CE mentorship group.  You can find...

We continue the discussion around practice transitions on this week’s episode of The Practice Growth Podcast. David Haynes with Menlo Dental Transitions returns as a guest to share more knowledge.    David Haynes is the Vice President of National Practice Sales with Menlo Dental. Listen to learn more about: Minor things to do and not do to increase practice sale price by 10-20%. How COVID-19 has a...

The sale of a dental practice might be the largest transaction of a dentist’s life. Trusted advice around all the parts and pieces of that transaction is critical.    David Haynes with Menlo Dental Transitions dives dental practice sales on the latest episode of The Practice Growth Podcast. David is the Vice President of National Practice Sales with Menlo Dental Transitions. Listen to learn more a...

Dr. Chong Shao spent his first four years as a dentist exploring multiple practice models in multiple states. That experience helped shape his long-term vision and desire to own and operate two practices with his wife, Dr. Katie Nagel Chao, in small-town Iowa. Listen to the latest episode of The Practice Growth Podcast to learn more about: How Dr. Shao and his wife have split different dental proc...

What is Financial Planning? We explore that topic on this week’s episode of The Practice Growth Podcast.    Spoiler Alert: It’s the process of aligning what is most important to someone in life with their use of capital. Capital is not just money, but also time, energy, and attention.    If you’d like to hear more about that, listen in,   Thoughts or questions? Shoot me an email at shawn@dentistex...

Dr. Chad Waltz wanted to be a race car driver when he grew up. Instead, he became an endodontist. But that’s not the end of his story. Listen to the latest episode of The Practice Growth Podcast to learn more about:  What about specializing appealed to Dr. Waltz, and how he landed in endodontics.  His philosophy for maintaining strong relationships with referring dentists.  How a minor medical pro...

There aren’t many Navy fighter pilots who have pivoted into a second career as dental-specific accountant. So Morgan Hamon’s journey is unique, to say the least.    Morgan is now a CPA and Partner with HDA Accounting Group near Denver, CO. He shares his expertise in working solely with private dental practice owners.   Listen to learn more about:  How Morgan and his firm blend standard accounting...

Last week’s episode of The Practice Growth Podcast discussed reaching financial independence from practice. But it stopped short of discussing how a dentist transitions from living off active income to living off accumulated assets. On this week’s episode, we dive into the following:  Rate of return on income-producing assets How to think about rate of withdrawal in retirement Balancing the risk o...

One of the primary financial objectives for any dentist is reaching the point that active practice becomes optional. In other words, a dentist no longer has to practice solely for the money, even though some may choose to continue seeing patients because they enjoy it.   The process of making practice financially optional may take one decade… or five. It depends on the individual circumstances or...

Dr. Brandon Patten traded four years of dental school tuition for four years of service in the Navy. Sixteen years later, the owner of Ames Family Dental says he would make the same decision in a heartbeat, for a multitude of reasons. Listen to the latest episode of The Practice Growth Podcast to learn more about:  How high patient volume right out of school rapidly accelerated his clinical skills...

Steve Anderson has worked with more than 1000 dentists to help them build the dental practices of their dreams.    And now as a general contractor-turned author, Steve has transformed his decades of notes and experience into a book: DentalEase – The Essential Guide to Creating the Stress-Free and Profitable Dental Practice of Your Dreams.   Listen to learn more about:  The flaws Steve found in the...

The Practice Growth Podcast returns after a planned sabbatical, and there are big changes discussed in the latest episode.    Host Shawn Terrell has recently formed an independent financial advisor firm exclusively for dentists. This podcast details the reasons behind the move, including:   ·         The move toward niche financial planning for certain professions, like dentistry. ·         Financ...

The path to practice ownership for most dentists will almost certainly involve borrowing money.    In the latest episode of The Practice Growth Podcast, Chad Solberg with Bankers Trust shares his insights from 20 years in the business banking and lending industry.    Listen to learn more about:  The three most common paths to lending in the dental industry.  How Bankers Trust differentiates itself...

One podcast wasn’t enough to cover the available topics with Dr. Aaron Jones. The owner dentist at Jones Family Dental in Norwalk, IA returns to the podcast this week to continue the discussion. Listen to the latest episode of The Practice Growth Podcast to learn more about:  Dr. Jones’ path to becoming a ceramist and purchasing a “lab-grade” mill to batch produce zirconia crowns “in-house.” How h...

Dr. Aaron Jones developed an interest and curiosity in dentistry at age 11 as a result of being treated by dental students. In 2019, Dr. Jones fulfilled his childhood vision by opening Jones Family Dental in Norwalk, IA. Listen to the latest episode of The Practice Growth Podcast to learn more about:  Dr. Jones’ alternate path to building and owning his practice. How google reviews, a membership p...

The value of a dental practice is often a significant piece of an owner dentist’s financial picture. When ownership changes hands, and during other life events, a clear understanding of the fair-market value of that practice is critical for both the seller and buyer. Matt Howard, a CPA/ABV & CVA with Blue and Company, completed 300 dental practice valuations in 2020. In the latest episode of T...

Dr. Omid Termechi has witnessed an evolution in implant dentistry during his twenty-plus years of private practice and teaching at NYU College of Dentistry.    His experiences led to the formation of the Dental Implant Surgical Seminar. DISS is a three-day event in Guatemala designed to train general and restorative dentists on how to expand their practices into implant surgery.    Listen to the l...

For the first 14 years of his career, Dr. Beau Beecher followed a traditional career path for a dentist – private ownership with one partner in one location. But beginning in 2014, Dr. Beecher and his partner Dr. Eric Kimball pivoted in new direction. And as of early 2021, Kimball and Beecher Family Dentistry has grown to six locations across eastern and central Iowa with 18 dentists. Listen to th...

It’s important for dentists to build and maintain a strong team of professionals around them throughout their careers. An attorney with dental-specific knowledge is a critical member of that team.   Kara Sinnard and Nick Cooper are member attorneys at Whitfield & Eddy in Des Moines, IA. Both have worked in the dental niche for nearly two decades. They share their knowledge on the latest episod...

The use of technology and information systems within a dental practice continues to evolve at a rapid pace. Since founding Medix Dental IT in 2003, CEO Tom Terronez has been on a mission to help dentists navigate that technological evolution.    Listen in to learn more about:  How dentists can leverage technology and data to improve both the patient experience and the bottom line. How advances in...