The Millionaire Dentist™

This episode explores the challenges dentists face nearing retirement. We discuss the urge to ease workload, which can hurt practice performance and its sale value. We emphasize the importance of strong finances and consistent practice performance in the years leading up to retirement to maximize sale proceeds and secure a comfortable future. Interested in more info on how to:  Earn More, Save Mor...

Dental Service Organizations (DSOs): They're a hot topic in dentistry, but are they a friend or foe for your practice? In this episode of The Millionaire Dentist™, we cut through the hype and provide a data-driven look at the DSO landscape. We discuss EBITDA, DSO multiples, and more. Interested in more info on how to:  Earn More, Save More, and Retire Early Upcoming Tour Dates: Go to our EVENTS pa...

Dentists, are you feeling the squeeze? The pandemic may have masked serious financial issues in your practice. Now, with inflation and aid drying up, cash flow is tight. This episode tackles the tough realities: rising costs, employee demands, and the need to get your financials in order. We'll explore solutions and highlight resources to help you thrive. Interested in more info on how to:  Earn M...

'Tis the season for holiday cheer and year-end tax planning! We'll discuss the new Beneficial Ownership Information (BOI) reporting requirement, tax-smart strategies for holiday bonuses and parties, and upcoming changes to tax brackets and 401(k) limits. Plus, we'll share advice on equipment purchases and promote upcoming educational events. Interested in more info on how to:  Earn More, Save More...

Unexpected financial challenges can derail your dental practice. Learn how to avoid costly surprises and maintain financial stability by working with a specialized dental accounting firm. Plus, discover upcoming speaking events hosted by the Four Quadrants Advisory team. Interested in more info on how to:  Earn More, Save More, and Retire Early Upcoming Tour Dates: Go to our EVENTS page for info F...

This week, Casey and Jarrod discuss decision-making. Listen to learn how crucial life decisions can impact your dental practice's financial health. Discover strategies to improve your cash flow, work-life balance, and overall well-being. Interested in more info on how to:  Earn More, Save More, and Retire Early Upcoming Tour Dates: Go to our EVENTS page for info Facebook: Four Quadrants Advisory I...

In this episode, Casey and Jarrod are joined by Will Chrisman, AWMA™  to break down the key changes from the Secure Act 2.0 that you need to know, including higher contribution limits for 401(k)s, new student loan matching options, automatic enrollment in retirement plans, and later RMDs. Plus, we'll discuss the new 529 to Roth IRA rollover, and how to work with financial advisors to maximize your...

Dental hygienist wages are soaring, and many are still looking to jump ship. Casey and Jarrod discuss the factors driving this trend and offer practical strategies to manage employee compensation effectively without sacrificing your practice's financial health. Interested in more info on how to:  Earn More, Save More, and Retire Early Upcoming Tour Dates: Go to our EVENTS page for info Facebook: F...

Tired of the dental grind? Join us as we dive deep into the world of dental business models. From insurance-heavy practices to fee-for-service, we'll explore the pros and cons of each approach. Discover how to create a sustainable practice that aligns with your vision, and learn to navigate the challenges of emergency dentistry. Stop complaining and start taking action. Interested in more info on...

In this episode, CPA Steve Levy provides essential insights for dental professionals on the importance of tax planning and estimated tax payments. We explore the risks of overpaying or underpaying taxes, the benefits of the pass-through entity tax, and the various methods for making estimated tax payments. Join us as we discuss how proactive tax planning can help you avoid surprises and maximize y...

Tired of feeling burnt out as a dentist? You're not alone. Many dental professionals grapple with overwhelming stress, administrative burdens, and the relentless pace of modern practice. Join us as we dive into the challenges facing today's practitioners and explore the root causes of burnout. Interested in more info on how to:  Earn More, Save More, and Retire Early Upcoming Tour Dates: Go to our...

Join Casey and Jarrod as they delve into the crucial step of defining your dental practice's vision and personal goals. In this episode, they explore the importance of understanding what truly matters to you, the trade-offs involved in achieving your aspirations, and the power of seeking professional guidance. Discover how to set clear objectives, stay focused on your path, and create a fulfilling...

Taking big decisions in dentistry can feel like jumping into a pool blindfolded. In this episode, we'll explore the importance of taking calculated risks and avoiding impulsive decisions. We'll share tips on making informed choices and the benefits of seeking external help for accounting and financial planning. Let's dive into the exciting world of dental risk-taking! Interested in more info on ho...

This episode tackles the tough topic of firing patients and staff in dental practices. We discuss strategies for handling difficult patients, empowering staff, and making strategic termination decisions. We also explore leadership, coaching, and self-care for practice owners. Interested in more info on how to:  Earn More, Save More, and Retire Early Upcoming Tour Dates: Go to our EVENTS page for i...

Running a successful dental practice isn't just about patient care – it's also about managing your finances effectively. In this episode, we're joined by the accounting guru, Kevin Rhoton, CPA and MBA. He's here to shed light on common accounting mistakes and how to keep your books simple but not too simple. Interested in more info on how to:  Earn More, Save More, and Retire Early Upcoming Tour D...

Owning a practice is exhilarating yet overwhelming. In this episode, Casey and Jarrod explore the emotional highs and lows of ownership, uncovering decisions that may not stand the test of time. Gain insights into the complexities and rewards of managing your own practice. Interested in more info on how to:  Earn More, Save More, and Retire Early Upcoming Tour Dates: Go to our EVENTS page for info...

Unsure if you want to be a solo dentist or run a multi-chair empire? This episode is for you! Casey and Jarrod break down the different types of dental practices, from solo proprietorships to group practices. They'll help you identify your strengths, navigate fee-for-service vs. insurance models, and guide you toward finding your dream dental practice setup. Tune in and get ready to dive into the...

In this thought-provoking episode, Casey and Jarrod focus on the financial regrets that plague many older dentists. Inadequate retirement planning and financial missteps can haunt dental professionals long after they've hung up their scrubs. Our hosts provide actionable advice on how to secure a more stable financial future. Don't miss this episode if you're looking to gain valuable insights on ma...

In this eye-opening episode, Casey and Jarrod team up with tax expert Kevin Rhoton, a seasoned CPA and MBA, to delve into some of the most alarming tax schemes that the IRS has been warning the public about. Kevin breaks down the intricacies of these schemes, offers practical advice on how to spot them, and shares tips on protecting yourself from becoming a victim. Don't get duped—tune in today an...

Casey and Jarrod invite Steve Levy CPA & JD to demystify the new Beneficial Ownership Information (BOI) reporting requirements. This episode covers why BOI is crucial for transparency and accountability, key compliance dates, and the ramifications of missing deadlines. Steve offers essential strategies to maintain compliance and avoid penalties. Tune in for vital insights and expert guidance t...

In this insightful episode, Casey and Jarrod speak about the critical process of hiring the right fit for your dental practice. They understand that finding the perfect team member can make or break the success of a practice. Join them as they share their top tips and strategies for identifying and attracting candidates who have the necessary skills and align with your practice’s values and cultur...

In today's episode, Casey and Jarrod focus on commitment and consistency in financial planning. They discuss why staying committed to financial goals and maintaining consistent habits, such as regular saving and investing, is crucial. The hosts share stories of individuals who have successfully achieved their financial goals through perseverance and discipline. They also advise on staying motivate...

This week, Casey and Jarrod dig into the secret stress behind long weekends and vacations: the fear that taking time off will tank your finances. From overhead that never sleeps to staff payroll that keeps rolling, they unpack why so many dentists feel guilty, anxious, or downright stressed the moment they try to step away. With humor, personal stories, and a few seasonal detours (including questi...

This week, Casey and Jarrod dive into the surprisingly high-stakes world of standing up for yourself as a dental practice owner — whether it’s with stubborn employees, pushy patients, controlling insurance companies, or the occasional overconfident DSO. With humor, honesty, and a few Muppet references, they unpack why so many dentists avoid confrontation and how that avoidance quietly drains profi...

Casey and Jarrod welcome back tax expert Kevin Rhoton, CPA and MBA, for a candid — and surprisingly entertaining — breakdown of quarterly tax planning for dental practice owners. From the confusing IRS schedule to the financial whiplash of surprise tax bills, Kevin explains why “just paying what you paid last year” is a rookie move and how proactive planning can save you from stress, penalties, an...