Bulletproof Dental Practice Podcast Episode 16

Host: Dr. Peter Boulden / Atlanta Dental Spa

Guest: Matthew Lewis

Key Takeaways:

• Corporate often invites dental students to join them although it feels that they only present ideal scenario most of the time.
• Deciding to sell to the corporate model is a tough decision to make.
• Corporate dentistry can compete on pricing but not on relationship factor.
• Dental students should keep their options open whether they'll go corporate or pursue a private practice.
• Corporate dentistry can help dental students get a job and learn practical dental skills.
• Huge dental debts encourage students to go corporate after graduation.
• The more in-debt you are after graduation, the fewer choices you have.
• Fewer students now want to start their own practice after graduation.
• Corporate offers $500-a-day baseline pay to dental students.
• Dental associates who are willing to hustle their pay after six months are good for a practice because it means they are interested to be in a win-win situation.
• When selecting where to practice after graduation consider market saturation. Don't just go with the herd.
• When looking for a CPA, look for someone who can give you personalized attention, especially if you are running your own business.
• For contract reviews, you only need the simple services of an attorney.
• When looking for people to work with - like a CPA or an attorney - look for someone who you are comfortable working with. Interview if necessary and ask for recommendations.
• Corporate dentistry will make sure you work hard for the money they pay you.
• Be awesome in something that you are passionate about. Don't force yourself to do something you do not like.
• Try different procedures first in order to find something you love. You may like a procedure that you hated during school.

Tweetables:

• Force yourself to back out and look at the big picture.
• Keep an open mind at the things coming at you. Open mind is key.
• Attitude is everything.