I want to talk about what it's like to be a dental practice owner, especially during your first year of ownership.

🔔 Download the Free Practice Evaluation Checklist: https://practiceown.com/pdf

📕 Check out my book "Buying Freedom" for a deeper dive into the process: https://amzn.com/dp/B0DGGC7WG8

💌 Email me at: [email protected]

🌍 Website: https://www.practiceown.com

00:00 Ownership Benefits

00:27 First-Year Challenges

03:08 Avoid Big Changes

06:30 Hiring Right

08:50 Insurance Issues

14:51 Delegate Tasks

17:06 Money Decisions

22:08 Handle Stress

24:38 Building Wealth

Dentistry is evolving fast, and it’s not just software updates or digital X-rays anymore. In this video, I break down how AI, robotics, and automation are already reshaping the dental industry, and what it means for practice owners, associates, and patients alike.

🔔 Download the Free Practice Evaluation Checklist: https://practiceown.com/pdf

📕 Check out my book "Buying Freedom" for a deeper dive into the process: https://amzn.com/dp/B0DGGC7WG8

💌 Email me at: [email protected]

0:00 Future of Dentistry 00:49 3 Big Changes Coming to Dentistry 01:12 AI in Diagnostics 05:55 AI in Practice Management 07:41 AI in Front Office Automation 10:31 Robotics in Dentistry 17:13 Shifting Dental Business Models 20:36 Tech Advantages for Small Offices 24:35 Navigating Insurance Reimbursement Changes 26:17 A Bright Future for Tech-Savvy Owners

In this video, I break down the truth behind the income gap in dentistry : why some dentists are stuck earning $200K while others are making $500K–$1M+ with the same clinical skills and the same hours. Spoiler: It’s not about working harder. It’s about ownership, strategy, and discipline.

🔔 Download the Free Practice Evaluation Checklist: https://practiceown.com/pdf

📕 Check out my book "Buying Freedom" for a deeper dive into the process: https://amzn.com/dp/B0DGGC7WG8

💌 Email me at: [email protected]

🌍 Website: https://www.practiceown.com

00:00 The Wealth Gap in Dentistry: Two Income Classes

01:17 Ownership is Key, but Not the Only Factor

04:17 Why Ownership Doesn't Guarantee Success

04:49 Three Factors That Determine Dental Income

05:55 The Death Trap: Low Production, High Expenses

06:45 Startup vs. Buying an Existing Practice

07:53 The Real Path to Wealth: Buying an Established Practice

08:32 Financing a Dental Practice Purchase

10:14 The Importance of Saving Before Buying

11:33 Step 1: The Mindset Shift Required for Wealth

14:29 Step 2: Track Your Monthly Expenses

15:03 Step 3: Minimize Student Loan Payments

17:03 Step 4: Accounting for Taxes

18:58 Step 5: Choosing the Right Job

19:54 The Predictable Path to Practice Ownership

21:36 Sacrifice Today, Wealth Tomorrow

This is what happens when you buy the wrong dental practice. Collections looked strong , over a million dollars, but it was built almost entirely on one over producing crowns and Invisalign cases. If you’re thinking about buying a practice, here’s what you need to look out for, and how to avoid ending up in a situation you can’t undo.

🔔 Download the Free Practice Evaluation Checklist: https://practiceown.com/pdf

📕 Check out my book "Buying Freedom" for a deeper dive into the process: https://amzn.com/dp/B0DGGC7WG8

💌 Email me at: [email protected]

🌍 Website: https://www.practiceown.com

00:00 The Importance of Buying the Right Dental Practice

00:57 Introduction to Practice Evaluation and Checklist

02:07 Dentist's Regret: Buying the Wrong Practice

02:25 Example of a Decent Dental Practice Purchase

06:16 Analyzing a Poor Dental Practice Purchase

07:49 Key Metrics: Active Patients and Asking Price

10:23 The Pitfalls of Relying Solely on Accountant Advice

11:19 The Impact of Patient Volume on Production

12:32 Ethical Considerations in Practice Valuation

15:06 Operational Assessment: Hygiene Visits and SRPs

16:39 Production Analysis: Comparing Procedures

18:54 Seller's Production: Ortho and Crown Analysis

21:06 Financial Analysis: Projected Income

22:15 Revenue per Patient Benchmark

26:41 Conclusion: Don't Buy the Wrong Practice

As a dentist, there are so many things you have to worry about. You shouldn't have to worry about making enough money. If you are making less than you would like to be making, just work on improving one of these things, and you could potentially double your income.

🔔 Download the Free Practice Evaluation Checklist: https://practiceown.com/pdf

📕 Check out my book "Buying Freedom" for a deeper dive into the process: https://amzn.com/dp/B0DGGC7WG8

💌 Email me at: [email protected]

🌍 Website: https://www.practiceown.com

00:00 The Wide Income Gap in Dentistry

00:37 Lever 1: Increasing the Number of Patients

02:53 Lever 2: Comprehensive Treatment Planning

05:14 Lever 3: Maximizing Case Acceptance

07:46 Lever 4: Reducing Expenses

9:38 Lever 5: Understanding Profit Sharing

14:18 Comparing Income Scenarios: Associate vs. Owner

21:07 Dentistry: A Field with Opportunity and Options

22:19 The Importance of Buying the Right Practice

24:30 Key Takeaway: Focus on Patient Numbers

I bought a dental practice just 1 year out of school. Was I ready? In this video, I break down what it’s really like to become a dental practice owner early in your career—both the upsides and the risks. If you're wondering whether you should wait or jump in, this is for you.

🔔 Download the Free Practice Evaluation Checklist: https://practiceown.com/pdf

📕 Check out my book "Buying Freedom" for a deeper dive into the process: https://amzn.com/dp/B0DGGC7WG8

💌 Email me at: [email protected]

🌍 Website: https://www.practiceown.com

00:00 Should You Buy a Dental Practice Right After School?

00:29 Introduction to Chris, the Practice Acquisition Expert

00:45 Addressing a Dentist's Concerns About Buying Early

01:27 Is Practice Ownership Right for Every Dentist?

02:03 The Simplicity of Practice Ownership Compared to Dental School

02:47 Financial Overview of First Year After Dental School

03:51 Pitfalls of Buying the Wrong Practice

04:37 Financing a Dental Practice Acquisition

06:14 Acquisition vs. Startup: The Clear Winner

06:48 The Experience of Being a Young Practice Owner

07:30 How Ownership Impacts Patient and Staff Interactions

08:45 Navigating the Excitement and Stress of Early Ownership

10:41 The Long-Term Benefits of Ownership: More Money and Freedom

12:04 Clinical Readiness: Are You Skilled Enough to Own a Practice?

13:44 Achieving Financial Freedom and Hobbies Through Ownership

Most dentists stay broke because they never escape the associate trap. In this video, I’ll show you how buying the right dental practice can unlock financial freedom and let you work less while earning more. If you're tired of stressing about student loans and low pay, this is the game plan.

🔔 Download the Free Practice Evaluation Checklist: https://practiceown.com/pdf

📕 Check out my book "Buying Freedom" for a deeper dive into the process: https://amzn.com/dp/B0DGGC7WG8

💌 Email me at: [email protected]

🌍 Website: https://www.practiceown.com

🕠 Timestamps:

00:00 - The Dentist's Financial Dilemma: Why Many Struggle

01:50 - The Solution: Practice Ownership

02:06 - Defining Your Desired Income and Lifestyle

03:55 - Why Being a Dental Associate Doesn't Work

07:36 - Startup vs. Acquisition: Choosing Your Ownership Path

10:25 - Understanding What You're Buying: The Patient Base

11:49 - Evaluating a Practice: Focus on Active Patients and Production

14:03 - Conclusion The Inevitable Path to Financial Freedom

There are more dentists graduating this year than ever before. Associate jobs are becoming more competitive. What options do you have?

🔔 Download the Free Practice Evaluation Checklist: https://practiceown.com/pdf

📕 Check out my book "Buying Freedom" for a deeper dive into the process: https://amzn.com/dp/B0DGGC7WG8

💌 Email me at: [email protected]

🌍 Website: https://www.practiceown.com

🕠 Timestamps:

0:00 - Job Market

3:18 - Dentist Compensation

7:39 - Strategic Job Search

11:02 - Career Opportunities

17:53 - Ownership Challenges and Strategies

If you are buying a dental practice, you must first make sure you understand how to calculate your future profitability.

🔔 Download the Free Practice Evaluation Checklist: https://practiceown.com/pdf

📕 Check out my book "Buying Freedom" for a deeper dive into the process: https://amzn.com/dp/B0DGGC7WG8

💌 Email me at: [email protected]

🌍 Website: https://www.practiceown.com

🕠 Timestamps:

00:00 - Understanding Seller vs. Buyer Profit

03:50 - Estimating Your Income as a Buyer

05:08 - What is Buyer Profitability?

13:10 - Buyer Profitability Formula Explained

24:47 - Calculating Loan Payments

28:00 - Who to Trust for Financial Advice

40:02 - Common Mistakes to Avoid

44:20 - Questions

If you are comfortable at your associate job, don’t watch this. If you want to actually take action and make progress in your career, then this is for you.

🔔 Download the Free Practice Evaluation Checklist: https://practiceown.com/pdf

📕 Check out my book "Buying Freedom" for a deeper dive into the process: https://amzn.com/dp/B0DGGC7WG8

💌 Email me at: [email protected]

🌍 Website: https://www.practiceown.com

🕠 Timestamps:

0:00 – First Story About a Dentist

2:05 – Stuck at a $140K Associate Job

4:47 – Why Brokers Show You Bad Practices First

8:01 – Letter of Intent and Making an Offer

12:00 – The Real Risk Is Doing Nothing

18:27 – Two Dentists, Same Situation, Different Outcome

23:00 – You’re Not an Owner Because You Haven’t Tried