Discover the power of a strong professional team, continuous training, and valuable mentorship. 

Get essential tips on managing debt and finding the right workplace for growth.

About the Guest:

Dr. Steven Guelff is a seasoned dental professional with nearly three decades of experience in the field. Known for his profound expertise and dedication to patient care, Dr. Guelff has excelled in dental and orthodontic practices. His career is distinguished by continuous learning and mentoring, which has deeply impacted the dental community. He is recognized for his ability to foster strong relationships within the industry, contribute to professional development, and advocate for balanced personal and professional lives.

Episode Summary:

In this enlightening episode, Tanya Sue Maestas engages with Dr. Steven Guelff, delving deep into the financial aspects of scaling an orthodontic practice. Dr. Guelff emphasizes the importance of being well-educated about business and finance, sharing his personal experiences and the critical role of having a trusted network of professionals, including attorneys, accountants, and financial planners. His philosophy underscores the significance of continuous improvement and the impactful role of a dedicated team.

The discussion also touches upon the pressing issue of debt among new dental graduates and the hurdles they face in securing practice ownership in today's financial climate. Dr. Guelff advocates for mentoring as a pivotal solution, drawing from his own beneficial experiences as an associate and mentee. He urges new practitioners to prioritize mentorship over immediate financial gain when choosing their initial career placements, highlighting the long-term benefits of growth and learning.

Key Takeaways:

• Importance of a Professional Network: Building a team of reliable professionals such as attorneys, accountants, and financial planners is crucial for making informed business decisions.
• Value of Continuous Improvement: Striving for continuous improvement, even by just 1% each day, can lead to significant enhancements over time.
• Financial Burden on New Graduates: High debt levels and rising interest rates pose substantial challenges for new dental graduates looking to start their own practices.
• Power of Mentorship: Seeking out mentorship from experienced practitioners can provide invaluable guidance and pave the way for future success.
• Beyond the Money: Evaluating potential job opportunities should go beyond salary considerations, focusing on team culture, technological use, and growth potential.

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Connect with Tanya Sue Maestas: @tsmaestas.dds

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