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Episode 107 – Dental Practice Buy-In
“As you know, being a dental business owner isn’t easy. But it’s human nature for an associate to see a successful dental practice and think ‘Oh, being an owner must be pretty easy.’” I got a question from a listener recently and it’s a really good one: I am a 44-year-old solo doctor. I built my...  Read More
Confession #11: My On Again-Off Again Relationship with Dentistry
I consider myself to be pretty lucky. While in the past I haven’t ever been that person who wins prizes and drawings, or even a hand of blackjack in Vegas; in general, I lead a very lucky life. Take my dating history, for example.  Whenever a relationship ended, it simply ended.  There were times...  Read More
Keeping Workers Safe as the COVID-19 Delta Variant Continues to Spread
Workplace safety guidelines from federal, state and local authorities are rapidly changing in response to the highly transmittable COVID-19 Delta variant, and employers should update their policies accordingly. Significantly, the U.S. Centers for Disease Control and Prevention (CDC) is...  Read More
Keeping Workers Safe as the COVID-19 Delta Variant Continues to Spread
Workplace safety guidelines from federal, state and local authorities are rapidly changing in response to the highly transmittable COVID-19 Delta variant, and employers should update their policies accordingly. Significantly, the U.S. Centers for Disease Control and Prevention (CDC) is...  Read More
How to Promote Efficiency and Cleanliness In Your Dental Practice
Safe sterilization practices When in doubt, the dental industry has leaned on the U.S. Centers for Disease Control and Prevention for guidance on safe sterilization practices. For COVID-19 mitigation, this includes receiving, cleaning, and decontamination of debris and contaminants, as well as...  Read More
Roadmap to US Dental School for Non-US Dentists
There has never been a better time to practice dentistry in the United States. But not just any dental degree around the world will allow you to become a dentist in the U.S. Many times dental licenses and degrees don't translate over. In this post, we'll discuss the roadmap non-US dentists can...  Read More
Episode 106 - Love, Respect, and Divorce in Dentistry (Part 2)
“I was under so much pressure that I forgot about the things that were most important in my life, my family.” In Part 1, I shared a little bit about my experience with divorce and dentistry. This is a topic that is hard, but it’s prevalent in our industry. Early in my career, I was sitting in an...  Read More
Episode 105 - Love, Respect, and Divorce in Dentistry
“When I look back on my life, I wouldn’t say I would change anything, but I wish I could have prevented a lot of things from happening.” This is probably the biggest thing that leads to loss of revenue and the ability to retire when you want to. It’s divorce in dentistry. This is a tough one to...  Read More
Episode 11 – Hiring a Passionate Dental Team with Dr. Adrienne Reynolds
“If you’re going to grow your business, you need to grow your people.” Building and retaining a fantastic team is key to building your Investment Grade Practice™.  But so many dentists and business owners struggle with their team and office culture. In fact, it can be downright debilitating when...  Read More
The WealthAbility Show Episode #91 - The War on Small Business w/ Carol Roth
The War on Small Business The WealthAbility Show #91 - The War on Small Business w/ Carol Roth 02:17 - Is There Any Doubt That Government Is At War With Small Business? 07:19 - How Were PPP Loans An Attack On Small Businesses? 10:29 - How Have Unemployment Benefits Been An Attack On Small...  Read More
The DSO Deal – What You Better Know
Within the next few years, it’s likely that 60% to 70% of all dental practices will be owned by a DSO. That’s what some industry observers are predicting, and if that’s the case, says host Stuart Oberman, you’d better understand the elements of what’s involved in an acquisition. From the letter of...  Read More
How to Rethink Your Dental Practice’s Reception Area
A clean appearance Yes, cleanliness is a top priority for both staff and patients, but your reception desk and waiting room should also perceive cleanliness. The trick is to not make the setting seem sterile but rather to include some personality to help put patients at ease. Think solid-surface or...  Read More
Episode 6: Identifying a Gem Practice
  This segment is about identifying a gem dental practice and what that looks like as a buyer. Donna and Lynne discuss asking the right questions such as: "What do I want in a practice?"   Lynne Nelson and Donna Lowell together bring over 85 years of combined experience serving the complex...  Read More
#53 Howard Farran Anniversary Episode pt 2
Howard Farran, the dental legend himself, joins us for part 2 this week on The Gold Crown Podcast - The Guide to Financial InDENTpendence. Dr. Farran is a DDS, MBA, MAGD, graduate of pretty much every advanced CE course you can imagine, an Amazon #1 best selling author of “Uncomplicate Business,”...  Read More
Episode 133: Does Your Practice Need a Reset?
Do you recognize these signs that point toward a practice reset? 1. You're hitting walls with your team. 2. You can’t find team members. 3. You're being held hostage by PPIs. 4. You are on the cusp of burnout. If so, it may be time to take a step back and look at your practice from a different...  Read More
Good Will
What is Goodwill, and why do some people make such a huge fuss over it when buying or selling a dental practice? In this episode we define goodwill, lightly touch on its tax implications, and explore why it’s one of the most misunderstood aspects of the dental acquisition process. Good Will  Read More
Episode 132 - Patching the Erosion of Dental Culture with Joanne Miles
"COVID fatigue is real. While most dental practices encounter burn out from time to time, the reality is people are dealing with more uncertainty and fear." It’s been a trying 18 months in dentistry. You may have noticed this fatigue showing up over the past few months: staff are short-tempered,...  Read More
Episode 10 - People, Purpose, & Passion...Profits will Follow with Dr. Adrienne Reynolds
“I always say hire someone to do 80% of the job, and allow room for them to grow.” People. Passion. Purpose. Profit. An Investment Grade Practice needs all 4. Why do you want to do it? If you’re only in it to make the money, then what is it that drives you what gets you out of bed? It’s not enough...  Read More
#52 Howard Farran Anniversary episode pt 1
Howard Farran, the dental legend himself, joins us this week on The Gold Crown Podcast - The Guide to Financial InDENTpendence. Dr. Farran is a DDS, MBA, MAGD, graduate of pretty much every advanced CE course you can imagine, an Amazon #1 best selling author of “Uncomplicate Business,” Host of...  Read More
Episode 103 - Know Your Team
 recently spoke with a doctor who was struggling with his team: he had run through two teams and is on this third in 2 years. You might be wondering the same thing he was: How do I fix my team? The answer is simple, but not always easy: become a better leader. I had to deal with this in my...  Read More
How to Redesign Your Dental Practice Space
Functional and psychological needs In response to the needs of dentists and patients, dental practices were outfitted with increased air quality and infection control, in addition to heightened personal protective equipment and storage, in order for everyone to feel safe. This includes cleanliness...  Read More
The WealthAbility Show Episode #90 - Biden's Tax Plan Explained w/ Brian Riedl
Biden’s Tax Plan Explained The WealthAbility Show #90 - Biden's Tax Plan Explained w/ Brian Riedl Biden’s tax plans are unsustainable, bad for small business and will raise taxes on the middle class. Today, Brian Riedl joins Tom to discuss how this burden will fall primarily on the middle class,...  Read More
Buyers – Know Your A/R Collection Rules!
In many practice purchase transactions, the sellers will keep their patient accounts receivables (A/R) and the buyer will accept the responsibility to collect them for a period of time at a nominal fee (to help cover their costs) and remit those collections to the seller. While this sounds simple...  Read More
#51: Independent Contractor & Malpractice with Michael Davis
This week we learn from Michael Davis DDS, who has published articles on independent contractorships, and has testified as an expert witness on many malpractice cases. He shares the dangers of employers wanting to classify you as an IC, and explains why it's almost ALWAYS incorrect to do so! Dr....  Read More
How to get your dental applicants to call you back
We hear you.  A lot of you are having great success in getting applicants with .  The problem is getting these candidates to call you back or show up for interviews.   While people are people and there is no exact science to get these dental assistants, hygienist and front office dental personnel...  Read More
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