On the 200th episode of the Dentist Money™ Show, Reese and Ryan take a quick look at where we’ve been, and then take a long look forward. And some of their prognostications may startle you.
How will the large number of women entering dentistry change the industry? What’s the future for practice ownership? Will DSO’s continue to grow at their current rate? Get the answers to these questions and much more.
Colin Carr, founder of CARR, is Reese’s guest on this episode of the Dentist Money™ Show. Colin describes the “aha” moment when he knew good representation was needed to protect dentists from getting taken advantage of in real estate deals.
Plus you’ll find out what to look for when buying office space, when leasing might be the best option, how to keep the upper hand when dealing with landlords, and a whole lot more.
On this episode of the Dentist Money™ Show, Reese and Ryan discuss how your perception of success might be a little misguided.
Do you wonder if the size and scale of your practice are big enough? While the stress and pressure you may be feeling are real, it might be time to step back, take a deep breath, and see the bigger picture. Learn how you can start making your own grass look greener in this thought-provoking episode.
In an episode that could be described as “everything you wanted to know about the current state of social media,” Ryan interviews Blake McClellan, CEO of Implant Compare and ringleader of the Dental Influencers Alliance.
Blake explains how the future of social media is changing. It’s getting more human and offering every dentist a way to tell their brand story and be heard. He also offers ways for you to reach out and influence your audience to drive more business.
Taxes annoy dentists. They bother most people, but they really seem to irritate dentists. On this episode of the Dentist Money™ Show, Reese and Ryan explain why you may need to rethink your approach if your contempt for taxes affects the way you invest.
The kids are back in school, and it’s a great time to get back to the basics of tax planning before the end of the year creeps up on you.
How often do you examine some of the important things in your life—your physical health, oral health ... financial health? On this episode of the Dentist Money™ Show Reese and Ryan discuss the calendar of financial treatments called Elements® that Dentist Advisors uses to perform financial checkups for dentists on a recurring schedule.
It’s a habit—brushing and flossing daily, seeing the dentist twice a year. It wasn’t always that way. To create better financial health, is it time for you to establish a similar financial routine?
What happens when two dental industry financial gurus get together to chat? Find out on this episode of the Dentist Money™ Show as Reese interviews Sunny Pahouja, full-time dentist and founder and moderator of the popular Dental Investment Group on Facebook.
Reese and Sunny take on a variety of topics from market volatility to how to avoid scams and finally to how to navigate the world of financial advisors. There’s sure to be a nugget of wisdom for all investors from novice to expert.
The markets are (once again) a bit jumpy. What to do, what to do? On this episode of the Dentist Money™ Show, Reese and Ryan get into the meat and potatoes (well steak and sweet potatoes) of what’s going on as they discuss the three staples of smart investing.
Using examples of perilous economic events from the past 20 years, they offer advice on how you should react to today’s negative headlines. It’s current, and definitely an episode you’ll want to tune into.
It’s been a while since the last Q&A episode of the Dentist Money™ Show and there’s a lot on our listener's minds. You’ll get the scoop on how much typical dentists really earn. Plus, you’ll want to hear the lively discussion between Reese and Ryan on when it’s time to move from a Simple IRA to a 401(k).
And there’s even more, like “What does it really mean to invest back in your practice?” in this information-packed episode of the Dentist Money™ Show.
On this episode of the Dentist Money™ Show, Reese interviews Brent Andrewsen, estate planning expert at the Kirton McConkie law firm. As a practice owner with a growing net worth, you’re probably aware that you should do some basic estate planning. Reese and Brent discuss why that should start early in your career.
Where do your assets go, or who will raise your kids should something unexpected happen? Listen in as Reese and Brent deliver advice your family needs you to hear.
A once-in-a-lifetime trip to Mongolia provides the backdrop for this episode of the Dentist Money™ Show as Reese shares his recent experience. He and Ryan talk about the relationship between work, family, and living a happy life.
They compare happiness scores by country and discuss findings from an 80-year long Harvard study which identifies four common traits of happy people.
From the types of jobs available, to the way we pay for stuff, and our ability to buy anything online — the money paradigm has shifted dramatically in one short generation.
On this episode of the Dentist Money™ Show, Reese and Ryan share ideas for teaching your kids money management skills in the new economy.
Ryan’s guest on the Dentist Money™ Show is Weston Lunsford, founder of Dental Intelligence. Weston explains how measuring real-time data improves practice performance and reveals where additional revenue can often be found.
Analytics are changing everything from manufacturing to healthcare to the sports you love. The real question is can they improve your practice? Find out as Weston and Ryan discuss the ways predictive analytics are changing the dental industry.
Good financial planning requires careful thought around hundreds of jobs. On this episode of the Dentist Money™ Show, Reese and Ryan talk about which of those jobs can be accomplished by apps and/or computers, and which still require the human brain.
As Dentist Advisors prepares to launch an app of its own, you’ll be fascinated to hear about the multi-year development process and important insights gained through hundreds of user feedback sessions. You’ll also learn where technology excels—and where it doesn’t.
Is getting into that perfect home on your mind? On this episode of the Dentist Money™ Show, Reese and Ryan talk about why that’s such a big decision—and why it can affect your effort to build the ideal practice.
Mixing thoughts about a new home when you’re focused on growing your practice can leave you in a serious quandary. Find out how doing things in the right order will result in greater personal net worth.
On this episode of the Dentist Money™ Show, Reese and Ryan take on a question that many dentists often ask themselves: “Am I putting my money in the right places?”
When asset building, your money can only go into one of four places—liquid assets, retirement plans, practice growth, or real estate acquisition. Reese and Ryan offer some sage advice about how to prioritize one asset bucket over another as you grow your net worth.
On this episode of the Dentist Money™ Show, Reese and Ryan talk about why Ted Williams, the last baseball player to hit over .400, wouldn’t be able to do it today. Increased access to information has changed baseball, and it has narrowed outcomes when it comes to stock market investment returns too.
From baseball to communications to the stock market, everyone has access to more data than at any time in history. Find out why that’s good news for diversified investors and bad news for stock pickers.
Reese’s guest on the Dentist Money™ Show is Laura Hatch. Founder of Front Office Rocks, Laura has plenty of advice on how your staff can quickly improve the way they serve your clients.
When the phone rings, or when patients come to your office, is your staff doing enough to keep them coming back? Better customer service will help your practice grow faster and Laura offers a few ideas on how your staff can become more focused.
On this episode of the Dentist Money™ Show, Reese and Ryan offer some food for thought (or at least offer some thoughts about food) as they talk about how focusing on calories and superfoods is comparable to growing net worth.
With their current diets top of mind, listen in as Reese and Ryan offer some ideas about how eating patterns compare to the “Total Term” calculation and how it provides an effective measurement for growing net worth.
Reese’s guest on the Dentist Money™ Show is Travis Hornsby, founder of StudentLoanPlanner.com. On this episode, you’ll find out why your attitude towards debt may need some adjusting.
From federal loans vs private loans to why interest rates alone shouldn’t dictate your choices, Travis and Reese discuss numerous reasons why you need to think about student loans differently. It’s a podcast for the dentist struggling to figure out how to best handle debt … and for the student currently piling up debt.
What’s on the minds of Dentist Money™ Show listeners? Well, real estate for one. In this episode, Reese and Ryan explain the difference between the actual return investors get on real estate versus the return they think they’re getting — and they’ll show you how to calculate it correctly.
Plus there’s controversy about the actual retirement age of dentists. Find out what’s causing the ruckus. Hear both sides of the argument and then decide how the often quoted retirement statistics apply to you.
Is the decision to buy a private practice as significant as the one you make to get married or have a child? According to Paul Goodman (the Dental Nacho), Reese’s guest on this episode of Dentist Money™, buying a practice may have more influence on your overall life happiness than almost any decision you make in your lifetime. Listen in as Reese and Paul discuss how to make sure the odds for success are in your favor.
On this episode of the Dentist Money™ Show, Reese and Ryan look at some of their favorite video games and liken their dangers to the financial pitfalls you might face as your career unfolds.
The complexity of your financial planning decisions builds as your income increases and your net worth expands. Reese and Ryan reveal how overcomplicating your finances during any stage of your career can slow down net worth growth.
To learn how to navigate through the obstacles of personal finance and advance to the next level.
Reese’s guest on the Dentist Money™ Show is Jordon Comstock, founder of BoomCloud Dental Membership Software. On this episode, you’ll learn about the impact of in-house membership programs. While new clients and an additional revenue stream sound good, discover reasons why memberships may or may not be the right fit for you.
In addition, Reese and Jordon discuss how adopting best practices from other industries can benefit your practice and lead to greater productivity and increased profits.
To find out how you can tap into a new source of client revenue.
On this episode of the Dentist Money™ Show, Reese and Ryan examine why too many dentists concentrate on investments that pull them away from their core money-making machine: their practice.
You paid a huge price for a dental degree and the opportunity to run a very lucrative business. But are you shortchanging your potential by letting your investment attention wander elsewhere?
To learn why your practice holds the greatest possibility for net worth growth.