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Author: Nate Williams
Publisher: Bookbaby
ISBN: 9781098313463
Category :
Languages : en
Pages : 176
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Book Description
I have worked as a dental Certified Public Accountant (CPA) and financial advisor since 2007. And for the past 12 years, working almost exclusively with owners of dental practices, I've invested far more than Malcolm Gladwell's required 10,000 hours into this profession (see "Outliers,"Malcolm Gladwell). More importantly, as a CPA, I see the world differently than the average person. For example, when you notice the cars other people drive, the houses they live in, the vacations they take, or the number of practices they own, you probably create an assumption of how well someone is doing financially. When I look at these things, I immediately think about the complexities of their tax returns and personal financial statements - and because I may actually be the one to prepare those tax returns, I'll know how well they're doing. Recently, a friend commented to me after returning from a trip to Orange County, CA, "Everyone down there has so much money; I saw so many Porsches and BMWs and Mercedes..." Like the rest of us, this friend has been conditioned to believe that if someone spends a lot of money, they must have a lot of money. This assumption, as I've learned from my insider position as a CPA, is flawed. The assumption that high spending equals "doing well financially" is like assuming that the guy who orders the Triple Bacon Cheeseburger must have a six pack! As a CPA and financial advisor, I have learned that the doctors who are doing well financially are those who have money in the bank, have financial peace of mind, and ultimately own assets that generate enough passive income to replace the income they earn by working in their practice. Over the last decade, I've studied success and failure alike. I've looked for and found patterns and behaviors and personalities and practices that lead to wealth; and I've found the same that lead to the prolonged indentured servitude so many doctors unfortunately experience. With a seasoned history of working with dental practice owners (or aspiring ones) like you, I've written this book in hopes it will provide you with everything you need to know about how to buy a dental practice that will carry you into what we call Financial Independence: the moment when you're free of debt and have enough passive income to pay for your current and future lifestyle.
Author: Nate Williams
Publisher: Bookbaby
ISBN: 9781098313463
Category :
Languages : en
Pages : 176
Get Book
Book Description
I have worked as a dental Certified Public Accountant (CPA) and financial advisor since 2007. And for the past 12 years, working almost exclusively with owners of dental practices, I've invested far more than Malcolm Gladwell's required 10,000 hours into this profession (see "Outliers,"Malcolm Gladwell). More importantly, as a CPA, I see the world differently than the average person. For example, when you notice the cars other people drive, the houses they live in, the vacations they take, or the number of practices they own, you probably create an assumption of how well someone is doing financially. When I look at these things, I immediately think about the complexities of their tax returns and personal financial statements - and because I may actually be the one to prepare those tax returns, I'll know how well they're doing. Recently, a friend commented to me after returning from a trip to Orange County, CA, "Everyone down there has so much money; I saw so many Porsches and BMWs and Mercedes..." Like the rest of us, this friend has been conditioned to believe that if someone spends a lot of money, they must have a lot of money. This assumption, as I've learned from my insider position as a CPA, is flawed. The assumption that high spending equals "doing well financially" is like assuming that the guy who orders the Triple Bacon Cheeseburger must have a six pack! As a CPA and financial advisor, I have learned that the doctors who are doing well financially are those who have money in the bank, have financial peace of mind, and ultimately own assets that generate enough passive income to replace the income they earn by working in their practice. Over the last decade, I've studied success and failure alike. I've looked for and found patterns and behaviors and personalities and practices that lead to wealth; and I've found the same that lead to the prolonged indentured servitude so many doctors unfortunately experience. With a seasoned history of working with dental practice owners (or aspiring ones) like you, I've written this book in hopes it will provide you with everything you need to know about how to buy a dental practice that will carry you into what we call Financial Independence: the moment when you're free of debt and have enough passive income to pay for your current and future lifestyle.
Author: Bernie Stoltz
Publisher:
ISBN: 9781732857391
Category :
Languages : en
Pages : 124
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Book Description
The profession of dentistry has changed enormously. From the heyday of single practitioners working four days a week, corporate dentistry now provides consumers with more convenient hours, better locations, and care that's covered by insurance. Today, the easiest hygiene appointments to sell in metro areas are between 6:00 p.m. and 9:00 p.m. Consumer demand has changed, and private practitioners who don't evolve to meet this new demand will see their profits continue to erode. The solo model no longer works if dentists want to compete with corporate shops. In The Win-Win Outcome: The Deal Maker's Guide to Buying and Selling Dental Practices. Mark Murphy and Bernie Stoltz explain that the future of dentistry is to practice in groups. With a combined half century of experience, the authors believe that where the profession is heading offers enormous opportunity for dentists-to run better practices, lead better lives, and create lasting wealth. The Win-Win Outcome shows you how. Private doctors can merge into a more efficient business model without giving up their private-practitioner status or the opportunity to build equity in a practice. Borrowing strategies from the corporate model-such as extended hours, modern technology, and multiple specialists under one roof-private practitioners have the tools to outperform their corporate competition. By forming group practices through mergers and acquisitions, entrepreneurial dentists can produce fantastic dentistry for the consumer and create multi-generational wealth for themselves. Associate, mid-career, and late-career doctors can all benefit. In this new era of dentistry, The Win-Win Outcome demonstrates that there is no better way for a dentist to create lasting wealth than to merge his or her practice with another.
Author: Joseph Dean Klatt
Publisher: AuthorHouse
ISBN: 1449052630
Category : Biography & Autobiography
Languages : en
Pages : 416
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Book Description
This is a book of negotiation stories that apply techniques Dr. Klatt has learned since 1972, the year he began his career as a professional real estate licensee negotiator. They are techniques that were learned in the School of Hard Knocks, the best learning place of all. This book is not intended to be a complete presentation of all areas of negotiation, negotiation practice, or negotiation theory. It is intentionally short on theory and long on stories. It is so much easier (and more fun) to remember stories than theory, and if you remember the story you will be able to work back to the theory. It is a book written for real estate agents, law students, attorneys, mediators, and anyone else for whom negotiations are central to their career. In a sense, this means that this book has been written for us all. For we are all professional negotiators. Dr. Klatt was a strapping San Diego City lifeguard, excellent athlete, competitive surfer, ambidextrous tennis player, and drag racing champion before an accident robbed him of his sight. That was an event that could have broken the spirit of lesser men. Instead, Dr. Klatt turned his physical short-coming into a vector for professional excellence. He went on to sell a portfolio of property that has a present collective value that is easily worth hundreds of millions of dollars, and he did it all without ever laying sight upon one single inch of the property that he sold. This book is his method.
Author: William S. Barrett
Publisher: Redwood Publishing, LLC
ISBN: 9781947341647
Category : Medical
Languages : en
Pages : 144
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Book Description
BUY SELL MERGE is the essential guide for any dentist who wishes to expand from chairside practitioner to dental entrepreneur and wants to take advantage of the unmatched opportunity available in dentistry today.
Author: Mary Fisher-Day
Publisher:
ISBN: 9780692726914
Category :
Languages : en
Pages : 106
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Book Description
You applied to dental school to become a Dentist. Being a business manager was not likely on your radar. That's where we come in. We provide dentists with the tools and support to achieve results quickly, so you can enjoy practicing dentistry and your life! We know that dental practices are most successful when the entire team is connected, has needed resources and is consistently motivated. The Dental Business: A Blueprint for Successwill show you how to run a successful dental practice. Included are tools for every stage of your practice and career alike. By implementing the systems provided in this book, you will achieve results that normally take years, in a very short period of time. For more information about our Coaching and Consulting services please, email us at:
[email protected]. You can also learn about us at www.TheDentalBusiness.com. "You really can have the successful practice you desire; enjoy going to work each day, have a patient base that happily refers to you and enjoy worry-free time away from the office." - Mary Fisher-Day "Hiring Mary as my Dental Consultant was the best thing I ever did for my Practice. She helped me reach 5 and 10 year goals in less than 2 years. Her ability to evaluate my Practice, find the problem areas and address those areas with results, in a very short period of time, amazed me. I actually have a life outside the office and the financial freedom I hoped to have 10 years from now." -Dr. James Richardson Before hiring Mary, we had no idea where our overhead stood. We knew something was out of whack but didn't know where to begin to find the problem. Mary evaluated our overhead, pointed out areas that were in line and areas that needed work. With her help we now have systems in place to monitor our overhead and have the knowledge and tools to keep it in line. In addition, we have fine-tuned our business office and have collections consistently at 98% or above. Our recall percentage is well above the norm and our Hygiene department is more efficient and productive than we ever thought it could be. It's nice to have a competent, dependable Consultant who listens and will tailor Management for the individual needs of the practice." -Doctors Doug and Cathy Smith
Author: Larry R. Domer
Publisher:
ISBN:
Category : Medical
Languages : en
Pages : 408
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Book Description
Author: John Meis
Publisher:
ISBN: 9781719228282
Category :
Languages : en
Pages : 166
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Book Description
I thought that in order to become a more successful dentist, I needed to become a better dentist. For 7 years, I took every CE course available, learned every new technique, and all it made me was a better dentist. My practice was still suffering. So I set out to study the most successful dentists. Quickly I realized that each was interested in providing fantastic dentistry, but they also interested in running their practice like a business. I realized that they were not only doing things differently, they were thinking differently. I started to study what was different and refine those things into the traits, habits, and thoughts that every single one of them possessed. And in just 4 short years my practice had tripled. I had discovered the commonality amongst the most successful and have coined that the 11 habits of highly successful dentist.
Author: Marcus Neff D D S
Publisher: Lulu Publishing Services
ISBN: 9781483402123
Category :
Languages : en
Pages : 56
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Book Description
So you want to be a dentist? Do you know what it will take to succeed in dentistry today? With over 30 years of experience in dentistry, the authors have unique and honest insight into what it takes to be a successful dentist. Dental school teaches you how to perform the dental treatment, but it doesn't teach you how to run a dental practice, manage a full staff and patients, or negotiate the financial responsibilities that are involved--to name only a few. This book will give you a head start on the competition. This book is a must read for the pre-dental student and the dental school student looking to not just be a dentist, but be a successful dentist. The authors have over 30 years of combined experience as practicing dentists. All three took different routes on their way to dental school and then into private practice giving them a unique perspective into the various aspects of dentistry.
Author: Leon E. Panetta
Publisher: Penguin
ISBN: 1594205965
Category : Biography & Autobiography
Languages : en
Pages : 511
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Book Description
The man who led the intelligence war that killed Osama bin Laden traces a life of leadership in public service, from his tenure in Congress through his years as director of the CIA and Secretary of Defense.
Author: Jerry Argovitz
Publisher: Sports Publishing
ISBN: 9781613210680
Category : Sports & Recreation
Languages : en
Pages : 320
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Book Description
Super Agent. Maverick. Reformer. Iconoclast. Dealmaker. Dentist? Jerry Argovitz has worn many hats in his remarkable life, both inside and outside of the world of sports. As a player agent representing and advising some of the biggest names in the game, Argovitz challenged the NFL both at the negotiating table and in the courtroom, earning a reputation as one of the most powerful men in professional sports. He successfully negotiated the first milliondollar guaranteed contract in NFL history, wrote the language for career-ending insurance policy underwriting for Lloyds of London, and brokered the deal that brought Heisman Trophy–winner Herschel Walker to the upstart USFL as a junior, which opened the floodgates for all underclassmen to follow. As the owner of the Houston Gamblers of the USFL, Argovitz helped to implement several rules which were subsequently adopted by the NFL, and served as a principal figure in a lawsuit against the NFL that proved the league was guilty of Sherman Antitrust violations. Now, Argovitz has a plan to reform the corrupt world of college sports, a plan he will share in this eye-opening book.
