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Do I Have Unreasonable Expectations?
Everyone wants to negotiate the best contract possible. But how can you tell if your demands are reasonable? Are you simply being “aggressive” or have you crossed the line into “unrealistic” and “difficult?” In this episode Joe discusses a few simple metrics you can employ to measure whether or not...  Read More
The WealthAbility Show Episode #75 - Tax Migration
The WealthAbility Show - Tax Migration 2:35: Why Is Texas Seeing A Population Inflow? 4:22: What Role Do Local Taxes Play In Migration? 6:22: Why Is Tesla Migrating To Texas? 12:02: What Kind Of Public-Private Relationship Is Most Attractive To Business? 15:09: What Role Do Politics Play In Tax...  Read More
What To Do With 50K: 10 Year Look At Passive Investing
What To Do With 50K Each Year – A 10 Year Look At Passive Investing I recently posed this question on which is the largest forum for dentists: “For those that have been practicing for 5+ years & knowing what you know now regarding finances and investing, what would you do differently if you could...  Read More
Navigating Aerosol Capture - Part 1 - Introduction
There has been a lot of discussion around the COVID-19 virus and its impact on the safety of staff and patients. HVE and saliva suction tools were never designed to capture the cloud of aerosols created in dentistry. There is no question that more suction in the patient’s mouth will capture more...  Read More
A Dentist's Worst Nightmare: The Sunk Cost Fallacy
         The sunk cost fallacy is when you dump a lot of money into a failing program in hopes that it’ll get better. The fallacy is thinking that just because your investing in it, it’ll pay off eventually. If this sounds familiar, you might be in financial hot water.          When it comes to...  Read More
9 Ways To Vet The Best Real Estate CPA
One of the main reasons many high-income earners join the  is to seek out ways to lower their tax bill investing in real estate. Why? They’re tired of paying more and more of their hard-earned money to the IRS as their income continues to climb throughout their careers. The main goal of this...  Read More
Handshake
Whatever happened to the “handshake deal?” Is that still a thing? And if so, is it enough? In this episode we discuss when a handshake deal might be fine, and why usually it is not. Handshake   Read More
Data Encryption: Avoid HIPAA Breaches
Data encryption is the most powerful tool your healthcare practice could use to avoid a HIPAA breach. Smart Training’s Certified HIPAA Professional, Jim Moore, said, “In the case of a theft or hack, data encryption is the only get-out-of-jail-free card you’ve got.” .  What is data encryption? Data...  Read More
How To Evaluate An Investment Deal In Real Estate
So you’ve decided that you want to get into passive real estate investing. Good for you. One of the reasons new  members choose to go this route is that they realize that investing the “traditional” way for 35+ years in a 401k doesn’t give them many options. Investing for cash flow NOW to replace...  Read More
Assignments
One of the most disruptive aspects of a practice transition is the assignment of the lease. Not adequately preparing for it can kill a deal. In this episode we explain what an assignment is, what the assignment process looks like, and what pitfalls to avoid. Assignments   Read More
Get The Financing You Need for a Dental Startup - Ask the Banker
When you are starting up you need money. You also need to know how this banking relationship is going to go. Michael Dinsio and John talk with Jason Greenland a banking expert from Wells Fargo about what that relationship looks like. Watch this episode to find out what to expect from a lender, and...  Read More
Investing in Passive Real Estate with David Phelps, CEO of Freedom Founders
Dr. David Phelps started his career as a Dentist and a real estate investor at almost the same time. After 15 years chair side in the day to day grind, he decided he wanted to transition. He did well enough with real estate that he didn't have to work any more, and everyone started asking him how...  Read More
Dental Tax Savings with Derick Van Ness
Today we are talking with Derick Van Ness about  and ways you could be saving each year, and putting more into your pocket. Derick brings some great ideas to the table that you can start implementing in your practice, today! Derick is a Wealth Strategist who is passionate about helping people reach...  Read More
PPP Loan Forgiveness and Taxes
Mike McAninch is a Practice Integration Advisor with , where he specializes in helping dentists connect their money and their values to realize their most important financial goals. One of the most considerable ways the U.S. government has provided aid to small businesses during the COVID-19...  Read More
281: Dr. Charles Major | Major Smiles
Who here wishes they went part-time or completely quit their associateship job sooner? . This can be super scary especially if you are opening up your very own practice. You tend to see the associateship as a security or a "I need to bring in something" but could this be hindering your growth? . ...  Read More
Accountants vs. Bookkeepers
Accountants and bookkeepers are very different from each other with different focuses. The best way to think about it is an accountant focuses on taxes while a bookkeeper focuses on expenses. Accountants deal with your taxes. They’re the ones that deal with the IRS, end of year stuff, and Uncle...  Read More
The Rise of the Single-Family Office—and What That Means for You
As more single-family offices are created, their benefits and advantages are becoming more commonly available to a broader range of affluent dentists and dental entrepreneurs.  That could spell an opportunity for you. If you want a copy of the special report, just DM me.  Read More
The WealthAbility Show Episode #74 - Your Post-Pandemic Economy
The WealthAbility Show -Your Post-Pandemic Economy 3:54: What Will The Post-Pandemic Economy Look Like? 9:29: What Does The Real Estate Market Look Like In 2021? 18:13: How Can You Position Yourself To Win Post Pandemic? 24:44: Is The U.S. Economy In A Recession Or Depression? Tom...  Read More
280: Dr. Roshan Kalra | Comfort Dental & Real Estate Investing (PART TWO)
PART 2 with Dr.  Roshan Kalra . ...but this time we are talking about one of his side projects that is expected to surpass his income as a dentist! . Some of us may be thinking "that sounds nice"... we may love dentistry and our patients... but is it something you see yourself doing for the next...  Read More
Time is Money
Way back in 1748 in his essay “Advice to a Young Tradesman,” Benjamin Franklin made the statement Time is Money.  This is still as true today as it was nearly 300 years ago.   As a dentist you are constantly aware of the fact that time is money, the efficiency of your schedule, the hygiene...  Read More
The Jameson Files 120 - Are You Managing Insurance or Is Insurance Managing You?
  "I was always worried the patient wasn't going to like what I was saying. And there was a big click that happened one day when I realized this is not about me. The patient is hearing what I'm saying and then thinking, “Okay, I need to maybe move some money around or maybe I can't afford to do...  Read More
829K Record Data Breach: Business Associate Agreement
Importance of HIPAA Business Associate Agreements  (HIPAA). This recent record-breaking breach proves the importance of business associate agreements. Who is at fault for a HIPAA breach? Of course, as a health care provider, you’re responsible for your patients’ protected health information (PHI)....  Read More
Dental Data Breach Affecting Over 1,000,000 Patients
Dental Data Breach Affects more than 1 Million Patients A dental data breach report submitted to the U.S. Department of Health & Human Services (HHS) Office for Civil Rights shows that 1,004,304 patients have been affected by the Dental Care Alliance incident. Dental Care Alliance is a Sarasota,...  Read More
The WealthAbility Show Episode #73 - Solving Income Inequality
The WealthAbility Show - Solving Income Inequality 2:30: Why Don’t Schools Provide Financial Education? 4:13: How Do College Students View Income Inequality? 7:11: What Steps Is Phil Taking To Provide Financial Education In Colleges? 11:40: What Are The Risks/Benefits Of Online Financial...  Read More
Bad Reviews
A lot of thought leaders have great things to say about how to handle bad, abusive, or fake online reviews (they really do), but what does the law say that your options are? In this episode Joe explains the legal battlefield around what people can or cannot say about you publicly. Bad Reviews   Read More
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