Bulletproof Dental Practice

Bulletproof Dental Practice Podcast Episode 301

Host: Dr. Peter Boulden & Dr. Craig Spodak

Guests: Dr. Trey Tippit & Dr. Dwight Peccora

Key Takeaways:

Developing a Dental Practice Key Considerations for Establishing a Dental Practice Establishing an In-House Dental Lab Investing in a Cutting-edge Dental Lab Recruitment of Skilled Ceramists and Designers for Dental Labs Effective Marketing Strategy Addressing Challenges with Automated Review Processes Optimizing Vertical Integration to Enhance Efficiency Renowned Speakers at the Bulletproof Summit 2023

References:

Bulletproof Mastermind

Bulletproof Summit

Mighty Networks: Bulletproof Dental Practice

Tweetables:

There are a lot of ways to grow, and it is not always bigger, better, faster. It's not always revenue and it is not always profit, there are more other ways to grow. – Dr. Trey Tippit

Bulletproof Dental Practice Podcast Episode 300

Host: Dr. Peter Boulden & Dr. Craig Spodak

Guests: Dr. Trey Tippit & Dr. Dwight Peccora

Key Takeaways:

• Dental Economics
• The importance of NOT selling
• Total dental spending in the United States and the vulnerability of the dental profession
• Achieving total dental freedom and navigating rising costs and economic downturns
• Importance of patient experience and leveling the playing field in dentistry
• Structured and scaled methods of DSOs (Dental Service Organizations)
• Competition and alignment between personal and business horizons
• Solutions for the back end of the dental business
• The importance of autonomy, taking action, and embracing risks
• Challenging the status quo and consolidation in the healthcare industry
• Learning from other companies, such as Delta Airlines, and dentistry as a tech-based industry
• Importance of reception and being on time in dental practices
• Advice for new building owners and the need to think about the future
• Importance of space in dental offices and the perspective on solo practitioners
• Stoic view of asking for help and the significance of doubling down
• Building dental offices with adequate size and being entrepreneurial
• Exciting developments in dentistry
• Technological advancements in dental labs and the impact of AI
• Advice for healthcare professionals and using AI in basic examples
• Notable marketing strategies and the importance of investigation
• Reactions to the idea of same-day dentistry and its relevance

References:

bpPatientPrism.com

Bulletproof Mastermind

Bulletproof Summit

Mighty Networks: Bulletproof Dental Practice

Tweetables: Sometimes you can learn from studying other companies. -Dr. Peter Boulden

Bulletproof Dental Practice Podcast Episode 299

Host: Dr. Peter Boulden & Dr. Craig Spodak

Guests: Dr. Trey Tippit & Dr. Dwight Peccora

Key Takeaways: Dental Economics

• 65% of dentist report the RISING OVERHEAD is their biggest challenge right now

• 90% surveyed believe that there is a "shortage of dental professionals"

• 70% of offices did better in 2022 than in 2021 but only 5% reported increase was better than 25%.

• Recessionary Strategy

• • Increase / Focus on hygiene patients

  • Negotiation strategies for supplies/labs

• Aspen Dental "Cyberhack"

• 2023 Bulletproof Summit

References:

Bulletproof Mastermind

Bulletproof Summit

Mighty Networks: Bulletproof Dental Practice

Bullet Proof ERC

Airpay

Dental Economics Article

From Strength to Strength: Finding Success, Happiness, and Deep Purpose in the Second Half of Life

Tweetables: Pay attention to your P&L percentages. - Dr. Craig Spodak

Have a good sword and a good shield. - Dr. Craig Spodak

The money is in the chair. - Dr. Trey Tippit

The sustainability of a dental practice relies on the hygiene program. -Dr. Trey Tippit

A good reappointment feeds the pre-appointment. -Dr. Trey Tippit

If you're that great you have to create awareness and scale to your community. -Dr. Peter Boulden

Bulletproof Dental Practice Podcast Episode 298

Host: Dr. Peter Boulden & Dr. Craig Spodak

Guests: Dr. Trey Tippit & Dr. Dwight Peccora

Key Takeaways:

Introduction

Most effective marketing for your practice

• Branding vs Educational vs. Storytelling

• Using Google Alerts for competition + reputational awareness

• AI advancements to demonstrate

Macro: "Crypto is dead"

Tweet on SS running out in 2033 - NO ONE WILL SAVE YOU

References:

Bulletproof Mastermind

Bulletproof Summit

Mighty Networks: Bulletproof Dental Practice

Bulletproof ERC

Tweetables:

People would watch a video if they're actually fun to watch. -Dr. Trey Tippit

Different platforms speak different languages. -Dr. Dwight Pecorra

If you're thinking of working somewhere, work in a financially stable institution. -Dr. Craig Spodak

Bulletproof Dental Practice Podcast Episode 297

Hosts: Dr. Peter Boulden & Dr. Craig Spodak

Key Takeaways: Introduction Preparing for AACD Compensation drives behavior and success The importance of AACD and its benefits Fine tuning the patient experience The power of freedom of direction The patient experience timeline Making assumptions about your patients The tech stack Take good care of your team Creating meaning, not just money The five KPIs that move the needle in a practice Vegas is whatever you want it to be! Don't make excuses for your evolution

References:

Dental Success Institute

Bulletproof Mastermind

Bulletproof Summit

Mighty Networks: Bulletproof Dental Practice

Bulletproof ERC

Tweetables:

Compensation drives behavior. - Dr. Craig Spodak

Don't make yourself the hero; we're the guide. - Dr. Craig Spodak

Choose to see what's coming or choose to be irrelevant. - Dr. Craig Spodak

Take care of your team and they will take care of your business. - Dr. Craig Spodak

If you don't care about them they're not going to care about you or the business. - Dr. Craig Spodak

Don't feel inauthentic if you evolve. - Dr. Craig Spodak

Our evolution makes people feel uncomfortable. - Dr. Craig Spodak

Bulletproof Dental Practice Podcast Episode 296

Hosts: Dr. Peter Boulden & Dr. Craig Spodak

Guests: Dr. Mark Costes

Key Takeaways: Introduction Advice For Varied Audiences Planning And Strategies For A Group Challenges In Scaling A Small Group Outlook Of Dentistry Reason Behind Consolidation

References:

Peter and Craig join Dr. Mark Costes on The Dentalpreneur Podcast

Dental Success Institute

Bulletproof Mastermind

Bulletproof Summit

Mighty Networks: Bulletproof Dental Practice

Bulletproof ERC

Tweetables: We spend a decade trying to fix something that was never really wrong in the first place. -Dr. Craig Spodak

We are problem-solvers. - Dr. Mark Costes

Traveling upstream requires work. -Dr. Craig Spodak

In life, what we need are micro-corrections. -Dr. Craig Spodak

Failure and success could be a couple of microns. -Dr. Craig Spodak

We make more each year but we spend more. -Dr. Craig Spodak

Everybody that has an audience has a responsibility to do. - Dr. Mark Costes

Bulletproof Dental Practice Podcast Episode 295

Hosts: Dr. Peter Boulden & Dr. Craig Spodak

Guest: Dr. Dwight Peccora and Dr. Trey Tippit

Key Takeaways: Introduction Takeaway From Marcus Independent Dentist Versus Consolidation Status Sell Or Not To Sell Investor Pressure Not Being Paralyzed By Interest Rates Acquisition: Look At Production Not Collection Marketing And Phone Conversion Teaser For Next Podcast Invest In Your Team

References:

Bulletproof Mastermind Bulletproof Summit Mighty Networks: Bulletproof Dental Practice Bulletproof ERC

Tweetables: There is very few business training out there. Dr. Craig Spodak Diversify to maintain growth. Dr. Dwight Peccora Banks love to give you money when you don't need it. Dr. Craig Spodak People are looking for care NOW! Dr. Dwight Peccora You have to be the person who steps ahead. Dr. Craig Spodak

Bulletproof Dental Practice Podcast Episode 294

Hosts: Dr. Peter Boulden & Dr. Craig Spodak

Guest: Randy Smith

Key Takeaways:IntroductionThoughts On Regional Banks TikTok Legislation Actionable Item To Move Out Of Regional Banks Interest Rates Private Equity Take Time Aside Low Cost Way To Stop Attrition

References:

Bulletproof Summit Bulletproof Mastermind Mighty Networks: Bulletproof Dental Practice Bulletproof ERC To Sell or NOT to Sell PLUS Mastermind Ski Retreat Recap What Got You Here Won't Get You There: How Successful People Become Even More Successful Warrior Sailing

Tweetables: People, in the face of uncertainty, need a process. -Dr. Craig Spodak

Recessions happen when people stop spending money. - Randy Smith

Don't look at anything with your face on the paper. - Randy Smith

Look at everything from a macro view. - Randy Smith

There comes a time when it's the right time. -Randy Smith

It doesn't help that you're really on people. -Dr. Craig Spodak

Most deals don't close. -Randy Smith

So many people operate by gut. -Dr. Peter Boulden

Bulletproof Dental Practice Podcast Episode 293

Hosts: Dr. Peter Boulden & Dr. Craig Spodak

Guest: Dr. Derek Giddon

Key Takeaways:Introduction Origin Of Airpay Understanding Airpay Benefits And Pricing Of Airpay

References:

Bulletproof Mastermind Bulletproof Summit Mighty Networks: Bulletproof Dental Practice Bulletproof ERCAirpay BP-Airpay

Tweetables:

I didn't leave practice until I saw what I was doing was working. Dr. Derek Giddon

Human capital is the worst possible use of time. Dr. Craig Spodak

Bulletproof Dental Practice Podcast Episode 292

Hosts: Dr. Peter Boulden & Dr. Craig Spodak

Guest: Dr. Paul Goodman

Key Takeaways:Introduction Bullet Proof Summit Revenue And EBITDA Bullet Proof Pathway 10x Money Back Guarantee Advice To Dentists

References:

Bulletproof Mastermind Bulletproof Summit Mighty Networks: Bulletproof Dental Practice Bulletproof ERCDental Nachos The Bulletproof Practice

Tweetables:

Knowledge isn't power, it's the execution that's power. Dr. Craig Spodak People don't live inside your head. Dr. Paul Goodman It's really important to get away from your practice to work on your practice. Dr. Paul Goodman Dentistry can be whatever you want it to be. Dr. Craig Spodak Life's ultimate bottom line is your happiness. Dr. Craig Spodak There's power in proximity. Dr. Peter Boulden