In this episode of The Dental Wealth Nation Show, we unpack one of the most overlooked (and overpaid) parts of your financial life—taxes.

Join Tim McNeely and a seasoned tax planning expert as they explore how dental entrepreneurs can legally reduce their tax burden, avoid costly surprises, and protect themselves from penalties and audits.

You’ll discover:

How strategic planning can dramatically shrink your tax bill

The emotional and financial cost of tax surprises—and how to avoid them

Tools like defined benefit plans and captive insurance that could change the game

Why proactive tax strategy isn’t just about saving money—it’s about building wealth

Taxes erode your wealth silently over time. This episode shows you how to take it back—legally, wisely, and confidently.

👉 Learn more: drilldownsolution.com

What if your exit wasn’t just a transaction—but a transformation?

In this episode of Dental Wealth Nation, we go beyond the spreadsheets and dive deep into how to design a life and practice that’s intentionally built for the exit of your dreams. Dr. Marc Liechtung joins me to share real-world wisdom from building, buying, selling, and even buying back high-end practices.

We explore:

Why valuation starts now—not when you’re ready to sell

How specific strategies (like adding procedures or real estate) unlock long-term value

How planning for your exit early can actually improve your work/life balance today

The most common valuation killers dentists don’t even realize they’re living with

What “Dentistry Beyond the Numbers” really means—and how to live it

If you want clarity, freedom, and a roadmap to a future you can actually get excited about—this one’s for you.

Listen now to unlock the mindset, metrics, and moves behind a high-value exit.

Episode 0149 – Unlock Hidden Profits by Thinking Like a CEO – with Scott Grotjan

Is there money hiding in your dental practice?

Chances are… yes. And Scott Grotjan from Silverback is here to help you find it.

In this episode of Dental Wealth Nation, we’re shifting gears from just “doing dentistry” to thinking like a CEO. Scott reveals how hundreds of practices have increased cash flow, improved profitability, and boosted enterprise value—all without adding more patients or working more hours.

You’ll learn:

✅ Where most practices are leaking money

✅ Why mindset—not just management—is the key to profit

✅ How increased cash flow leads to a more lucrative exit

✅ What it means to lead your practice like a Silverback

✅ And yes… a few fun facts about gorillas 🦍

If you’ve ever felt stuck, overworked, or unsure how to grow without burning out—this conversation is your wake-up call. The wealth you’re looking for might already be in your hands… you just haven’t claimed it yet.

What happens when your identity has been built around a dental chair… and suddenly, it’s time to walk away?

In this powerful episode, Tim McNeely sits down with a dentist-turned-coach who’s guiding clinicians through one of the biggest transitions of their lives—retirement. But not the kind filled with boredom or confusion. We’re talking intentional reinvention.

Together, we explore:

Why retirement is not a destination—but a new era of enjoyment

The emotional surprises that come with leaving practice

How to navigate the grief, excitement, and identity shift

The role of travel in anchoring transformation and purpose

What it means to become a modern elder with legacy in mind

Whether retirement is 2 years or 20 years away, this conversation will challenge you to think differently, dream bigger, and prepare more meaningfully.

🎯 You’ll leave this episode knowing how to talk about what retirement can be, with a new mindset of curiosity—and feeling more excited than ever about what’s next.

🧭 Want support on your journey?

Check out the Transition Enhanced Program:

👉 https://virtualacademy.methodpro.com/courses/transition_enhanced

In this episode of The Dental Wealth Nation Show, host Tim McNeely welcomes Matt Ornstein, CEO and founder of a dental group that has expanded from 20 to over 75 locations and co-owner of Dental Pitch Brokerage. This episode, titled "Revolutionizing Dental Practice Sales: Insights from Dental Pitch’s Matt Ornstein," dives into the intricacies of dental practice sales, providing dental entrepreneurs with strategies to unlock the true wealth of their practice.

Matt Ornstein shares his expertise on transforming a dental practice from a lifestyle business into a value creation business, focusing on how to increase the value of a dental practice. Listeners will gain a practical understanding of concepts like EBITDA, and learn how to effectively increase their practice's profitability. Ornstein also provides insights into the sales process, illustrating how dental professionals can extract the maximum value from their business. Key topics include understanding financial valuations, reducing costs while maintaining care quality, and the importance of strategic planning to achieve financial independence sooner.

Tim and Matt explore the advantages of transitioning before burnout and outline a realistic timeline for selling a dental practice. This discussion is essential for dentists looking to capitalize on their practice as a lucrative asset. Matt also highlights the innovative approach of Dental Pitch Brokerage, which fosters direct communication between buyers and sellers, ensuring better deals and cultural fits.

Join us in this episode as Tim McNeely and Matt Ornstein decode the dental sales process and provide actionable steps for dental professionals to enhance their financial future. Listen to learn how to navigate common challenges and effectively plan the sale of your dental practice in the evolving healthcare landscape.

In this compelling episode of The Dental Wealth Nation Show, host Tim McNeely welcomes Dr. Parul Dua Makkar, a practicing dentist and grief coach, for a heart-centered conversation on healing, resilience, and purpose.

Dr. Makkar shares her deeply personal journey—how her brother’s diagnosis and passing from oral cancer reshaped her mission in dentistry and beyond. Through her story, she sheds light on the often-overlooked emotional burdens carried by caregivers and healthcare professionals.

✅ The importance of self-care for dentists and caregivers

✅ How slowing down can be a powerful act of healing

✅ The role of empathy and community support in overcoming grief

✅ Practical tools for maintaining emotional and mental well-being

Dr. Makkar’s message is one of hope, transformation, and advocacy—not just for oral cancer awareness, but for the well-being of those who dedicate their lives to healing others.

🎧 Tune in to hear how grief can be a catalyst for purpose and how you, as a healthcare provider, can cultivate resilience in the face of life’s challenges.

Dental Wealth Nation, Tim McNeely, Dr. Parul Dua Makkar, healing, caregivers, grief, resilience, self-care, oral cancer, community support, personal growth.

In this insightful episode of The Dental Wealth Nation Show, host Tim McNeely welcomes Charlie Steinguss, the founder and president of Cash Balance Actuaries, to delve into the transformative potential of cash balance plans for dental practices. With a focus on strategic financial growth, this episode is a must-listen for driven dental entrepreneurs looking to maximize their net worth while effectively managing taxes.----more----

Listeners will gain a comprehensive understanding of how cash balance plans can serve as a powerful tool to reduce tax liabilities and fund retirement simultaneously. Charlie Steinguss, who brings over fifteen years of experience in crafting custom retirement solutions, shares valuable insights into how these plans can be tailored to fit the unique needs of dental practices. From offering flexibility in contributions to catering to mature practices with stable cash flow, cash balance plans are highlighted as an essential component in a savvy dentist’s financial toolkit.

Throughout the conversation, Tim and Charlie explore key aspects such as the diverse range of retirement plan options, the significant tax incentives associated with cash balance plans, and the strategic benefits of integrated actuarial expertise in plan management. Whether you’re looking for ways to improve your current retirement savings strategy or seeking a second opinion on your existing plans, this episode provides the knowledge you need to make informed decisions.

Join us as we unlock the hidden financial strategies used by some of the most successful dental and business professionals. Enhance your understanding of cash balance plans and learn how they can propel your practice toward greater financial security and efficiency. Don’t miss this detailed discussion that will leave you better equipped to handle retirement planning and tax management in your dental practice.

Listen now to grasp why cash balance plans are gaining traction among dental professionals and discover how you can implement these strategies to benefit both you and your employees. For further details and to explore illustration possibilities for your practice, reach out to Cash Balance Actuaries or visit their website today.

In this insightful episode of The Dental Wealth Nation Show, host Tim McNeely is joined by Matthew Godley, the CEO of Spendly, to explore innovative strategies for dental practices to reduce costs and increase profitability. As dental practices strive to enhance their bottom line and grow their EBITDA, this episode offers valuable insights into leveraging technology for cost reduction.

Matthew Godley, with his personal and professional ties to the dental industry, introduces Spendly—a revolutionary cost reduction platform designed to streamline operating expenses for dental practices. Throughout the episode, key topics include the challenges of managing spiraling expenses, common areas of overspending, and the powerful impact of cost reductions on EBITDA and practice valuations.

Listeners will discover the importance of benchmarking tools and how Spendly facilitates seamless cost comparison across various categories like payroll, health benefits, retirement plans, and commercial insurance. Matthew explains how his platform is helping dental practices achieve savings, sometimes up to 50%, which significantly contributes to their financial growth without disrupting daily operations.

For dentists looking to optimize their practice expenses, Matthew provides practical advice on how to identify potential savings opportunities and verify them. The conversation highlights the significance of continuously monitoring expenses and the role of technology in driving financial efficiency over the next few years.

Whether you're a dental practice owner or part of a dental service organization (DSO), this episode is a must-listen for anyone aiming to improve their financial standing through strategic cost management. Don't miss out on these expert insights that can transform your practice and boost your profitability.

In this episode of The Dental Wealth Nation Show, hosted by Tim McNeely, we dive deep into the realm of dental practice efficiency with special guest Gabriel Hofmann, renowned as the Dental Efficiency Guy. Join us as we explore the challenges and solutions for leveling up your dental practice or group, focusing on the importance of efficiency as a key driver of profitability and growth.

Gabriel Hofmann brings his extensive experience from years in large group practice operations and building multi-specialty locations to the table. Together with Tim McNeely, they uncover the common operational challenges that dental practices face, such as data redundancy, accounts payable complexities, and the inefficiencies of reporting. These challenges fall within three essential buckets: people, patients, and profits.

Throughout the episode, Gabriel shares valuable insights on employing custom automation and streamlining workflows to enhance practice efficiency. With automation often overlooked due to fears of change and job displacement, Gabriel reassures listeners of the positive impacts, including increased joy in the workplace, better use of human capital, and ultimately, improved bottom lines.

The discussion also touches on the process of optimizing practices with minimal disruption, and the role efficiency plays in making a practice more attractive to potential buyers, tying into exit planning strategies. Key concepts like "Joy ROI" and the search for business "cheat codes" provide practical insights for those aiming to maximize their practice's potential.

Listeners can expect to gain actionable strategies that not only streamline operations but also enhance the overall value and sustainability of their dental practices. Whether you're a single practice owner or managing a growing group, this episode is packed with expert advice that will help elevate your business in the dental industry. Tune in to discover the power of efficiency and how it can transform your practice into a thriving and joyful environment.

Welcome to Dental Wealth Nation, where we empower driven dentists to transform their practices into engines of significant wealth and impact. As a passionate dentist, you're well aware that ordinary advice won't suffice in your extraordinary journey. This episode pulls back the curtain on the often-hidden strategies that can maximize your net worth, enabling you to better care for your loved ones and make meaningful contributions to the world.

Today, Tim McNeely is joined by Vin Cardello, the founder and CEO of Pronto, a visionary leader in helping dental practices understand and leverage critical metrics. Dive into a compelling narrative as Vin shares his inspiring journey from budding entrepreneur to a key player in the dental industry. Discover how Vin's experiences have shaped a pioneering approach that simplifies data analysis for dental practices, focusing on driving EBITDA and enhancing practice value.

Listen as Vin explains the transformative power of understanding numbers, delving into the nuances of practice management and the significance of moving from lifestyle businesses to value-driven enterprises. Learn how to interpret data effectively and make impactful decisions to improve the performance and valuation of your practice. With practical insights and real-life examples, this episode illuminates the path to achieving financial confidence and generational wealth.

Whether you're managing a single practice or a burgeoning dental group, glean strategies that will set you apart in the competitive landscape. This episode not only equips you with tools and technologies like Pronto to streamline your operations but also inspires you to embrace a new mindset—one where numbers are not just figures on a page, but keys to unlocking the potential of your dental empire.

Join us for this enlightening discussion, and take the first step towards an empowered future for your dental practice with Dental Wealth Nation. Remember, when you truly understand your numbers, you're not just reporting them—you're using them to shape a brighter, more prosperous future.