Financial Flossing

How can dental practices revolutionize their hiring process to ensure they bring in top talent aligning with their team's values and culture? In this enlightening episode, we delve into the innovative approach of Dr. Michael Neal, a visionary optometrist and the brain behind Build My Team, a program that changes the hiring landscape in dental practices. By shunning traditional resume-based hiring, Dr. Neal advocates for a talent and strengths assessment method, ensuring practices can onboard individuals who are qualified and fit culturally and skill-wise. From discussing the inefficacies of conventional hiring to revealing the transformative power of focusing on natural talents and automated systems, this episode is a treasure trove of insights for any dental practice looking to enhance their team performance and patient satisfaction. Key Takeaways: ✅ Assessing candidates based on natural talent and learning abilities can dramatically reduce turnover rates and boost team performance. ✅ Emphasizing talent certainty and responsiveness in the hiring process is crucial for efficiently filling positions in dental practices. ✅ Leveraging technology with automated hiring systems can streamline recruitment, quickly filtering applicants based on strengths. ✅ High-performing team members ('A players') significantly improve patient experience and the overall success of the practice. Notable Quotes from Michael: ● "We were hiring essentially upside down and backward." 🔄 ● "The cultural change was nothing short of transformative... Now it's fun, enjoyable, virtually no stress, and the team runs the practice." 🌟 ● "With our system, we don't look at resumes until the very bitter end of the process... when we know these people are fantastic." 📄 How to Reach Michael: Interested in learning more about Dr. Michael Neal’s innovative approach to hiring and Build My Team? Connect with him through: ● Website: Build My Team ● LinkedIn: Dr. Michael Neal ● Twitter: @BuildMyTeam Don't miss out on the opportunity to transform your dental practice by prioritizing strengths, talents, and a seamless hiring process! 🚀 Learn more about your ad choices. Visit megaphone.fm/adchoices

How can dental practices transcend the ordinary and achieve extraordinary growth and efficiency? Dive into dental practice transformation with Melinda Heryford, MBA, a seasoned practice management consultant with over three decades of experience in dentistry. Starting her journey at 14, Melinda has dedicated her career to guiding dentists and their teams toward unparalleled success. Her boutique consulting practice is a beacon of continuous growth and excellence, helping comprehensive care dentists achieve and surpass their goals. In this episode, Melinda shares her wisdom on leveraging consulting services to catalyze growth rates of 20-25% and beyond, ensuring practices thrive and lead in their domain. Key Takeaways: ✅ Practice Management Consultants are pivotal in steering dental practices toward growth and operational excellence. ✅ A focused approach can yield growth of 10% as a baseline, with well-implemented systems pushing numbers to 20-25% or more. ✅ Continuous improvement and strategic planning in patient retention, treatment acceptance rates, and team alignment are essential for sustained success. ✅ Comprehensive care dentists zealously for growth and improvement are the ideal candidates for impactful consulting. ✅ Implementing systems and schedules meticulously can significantly enhance productivity and patient care, propelling dental practices to achieve and exceed their financial goals. Quotes from Melinda: ➡️ "What does it take to have a practice grow year over year? What are the things that make it thrive? And then how do you build and keep a team?" - Melinda Heryford ➡️ "If we don't have a focus beyond patient care, the practice tends to stagnate or be chaotic... Having a focus and team alignment behind that focus creates better results and unstoppable momentum." - Melinda Heryford ➡️ "I used to have 44 systems... Imagine I walk into your practice and say, 'It’s your day today. I have 44 systems to impart on you.' What do you think they thought?" - Melinda Heryford How to Reach Melinda: To learn more about Melinda Heryford’s consulting services and to witness the transformation she can bring to your dental practice, visit her website at Practice Management Consulting https://practicemanagementconsulting.com/ Link to the free Downloadable Offer mentioned in the podcast: https://bit.ly/Statementless_Practice Learn more about your ad choices. Visit megaphone.fm/adchoices

🤔 "Ever wonder how the best dental practices keep growing in today's competitive landscape?" Join us on Financial Flossing as Ross Brannon chats with Dr. Kevin Kremer about dental practice growth and personal development dynamics. Dr. Kremer shares invaluable insights from his extensive experience, focusing on the significance of strategic mergers, mentorship, and continuous learning in the dental industry. Key Takeaways: 🌟 Strategic mergers are essential for scaling dental practices. 🎓 Mentorship is a powerful tool for personal and professional growth. 🚀 Specialized services significantly enhance patient satisfaction and practice profitability. 🔄 Embracing change and continuous learning are key to staying ahead in the competitive dental industry. 🤖 Navigating the DSOs and private equity landscape requires a careful strategy to maintain autonomy while growing. Connect with Dr. Kremer: For more insights or to explore mentorship opportunities with Dr. Kremer, reach out at kevinkremer.com; kremerleadership.com; kremerdental.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Are you a healthcare practice owner navigating the complexities of financial planning and asset protection? Today’s guest on Financial Flossing with host Ross Brannon is Eric Miller, co-owner of Econologics Financial Advisor, revealing why traditional investment options might not be enough and how diversified portfolios, including real estate and insurance products, can safeguard your financial future. In this episode, Eric Miller delves into the importance of asset protection strategies for healthcare practitioners, advocating for a diversified investment approach to achieve financial independence. He underscores the significance of real estate, insurance-based products, and private placements while highlighting the critical role of comprehensive financial planning in protecting against lawsuits, taxes, and inflation. Key Takeaways: 🔑 The significance of setting up a separate wealth storage account to enhance net worth and cash flow. 🔑 Utilizing state laws, business entities, and proper asset titling as essential asset protection strategies. 🔑 The value of Tenants by the Entirety in asset protection for married couples. 🔑 The importance of clear financial goals and strategic steps towards financial independence. 🔑 Resources available at Wealthfordentists.com to bolster business management skills for dentists. 🔑 The impact of compensating oneself as a risk-taker in creating retirement reserves. Quotes from Eric: • "If you can't measure it, you can't manage it." • "Your household should be looked at as your parent company." • "You have to make sure that you expense your profits. They have to be treated just like an expense." • "The highest rate of return you're ever going to get is investing in your business." Remember, achieving financial independence as a healthcare practice owner requires more than saving; it demands a strategic investment and asset protection approach. Learn how Eric Miller's insights can transform your financial planning process. Website: www.econologicsfinancialadvisors.com Free Giveaway & CTA: URL: www.wealthforpracticeowners.com Name: Practice Expansion Checklist Social Media: YouTube - https://www.youtube.com/c/FinancialBeast Facebook - facebook.com/econologicsfinancial LinkedIn - linkedin.com/in/ericisyourbfff Learn more about your ad choices. Visit megaphone.fm/adchoices

Are you a dental professional looking to skyrocket your practice's growth and marketing strategy? Gary Byrd, the founder of SMC National and a luminary in dental marketing, shares his groundbreaking insights on transforming dental practices into thriving businesses. In this episode, Gary Byrd delves into the nuances of dental marketing and business growth, revealing how strategic marketing, efficient operations, and entrepreneurial skills can lead to unparalleled success in the dental industry. From the significance of patient education and insurance acceptance to the critical analysis of patient mix and operational challenges, Gary unpacks the elements essential for dental practices to thrive. Key Takeaways: ✅ Marketing strategies are crucial for patient acquisition and treatment acceptance. ✅ Understanding patient mix, insurance payments, and visit frequency is key to marketing effectiveness. ✅ Patient education is a significant revenue maximizer. ✅ Operational efficiency is often the stumbling block for dental offices. ✅ Addressing unanswered calls and optimizing marketing and sales strategies can overcome industry challenges. ✅ Dental practices must evolve by addressing capacity and capability issues. ✅ A diverse skill set in entrepreneurship, leadership, and clinical skills is necessary for success. Quotes from Gary: • "I really believe that if you focus on helping other people get what they want, you'll always get what you want as a byproduct." • "If you're spending $10,000 a month on marketing and you don't answer the phone 35% of the time, you're going to lose $3,500 of those opportunities down the drain." • Gary is the founder and Managing Partner of SMC. He is responsible for attracting new patients for DSOs and dental groups. Additionally, he hosts four podcasts that cover various topics related to the dental industry. “Dental Marketing Goat” provides practical marketing advice, while “Full Arch Advantage Podcast” focuses on how to close more full arch cases. “Dental Rift” is a weekly show that discusses current trends in the dental industry, and “Dental Marketing Theory” features weekly interviews with top dental executives and entrepreneurs, providing valuable insights into the latest industry trends. How to Reach Gary https://linktr.ee/thegarybird https://www.linkedin.com/in/thegarybird/ https://smcnational.com/webinars/ https://thegarybird.com/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Are you considering starting, remodeling, or relocating your dental practice? This week's replay podcast episode features Jonathan Miller, a specialist in full-service solutions for dentists at every stage of their practice's lifecycle. Whether you're a first-time practice owner or an established doctor, Jonathan's insights and the support from Fortune's network of over 70 executive coaches can guide you through the complexities of the dental business. As the author of “Don’t Sweat the Start-Up,” Jonathan brings valuable advice. ✅ Learn about the most significant mistakes dentists make when looking at financing and how to avoid them. ✅ Discover why a strong culture and effective systems are key to a successful practice. ✅ Understand the difference between a coach and a consultant and which one might be right for your practice. ✅ Find out if you're merely trading time for dollars and how to make a significant impact. ✅ Emphasize the importance of having a clear vision for your future to guide your decisions and growth. Connect with Jonathan Miller to learn more about his expertise and how it can benefit your practice. Jonathan's book is available at Fortune Management Book Request. You can also reach him at 614-406-4859 or follow him on Instagram @startyour_practice. For more insights and to connect with Jonathan, visit his LinkedIn profile: Jonathan Miller on LinkedIn. Learn more about your ad choices. Visit megaphone.fm/adchoices

How can dentists significantly boost their practice's profitability and patient satisfaction with clear aligners? Dive into the world of clear aligners with Dr. Avi Patel, a retired clinical dentist turned clear aligner expert, as we explore the untapped potential of this technology in dentistry. In this episode of the Financial Flossing podcast, host Ross Brannon is joined by Dr. Avi Patel to discuss the transformative power of clear aligners in the dental industry. Dr. Patel shares his journey from practicing dentistry to coaching fellow dentists on maximizing their profitability through precise aligner technology. Discover how incorporating clear aligners into dental practices can increase monthly profits by $12,000 to $20,000, the low market penetration of this technology among dentists, and the comprehensive support provided by Dr. Patel's Aligner Launchpad program. Key Takeaways: ✅ Clear aligners offer a lucrative and accessible option for dentists to expand their practice and improve patient outcomes. ✅ Despite the high demand, only a small percentage of dentists utilize this technology, presenting a significant growth opportunity. ✅ Dr. Patel's Aligner Launchpad program equips dentists with the knowledge, tools, and confidence to start clear aligner cases, potentially adding $12,000 to $20,000 to their monthly profits. ✅ The recent shutdown of Smile Direct Club opens a new avenue for dentists to capture the market for precise aligner treatments. ✅ Embracing clear aligners enhances profitability and patient satisfaction through transformative smile corrections. Connect with Dr Patel: 🔗 LinkedIn: https://www.linkedin.com/in/avi-patel-043732142 🌐 About Clear Aligner Advisor: https://www.clearaligneradvisor.co/about 📺 YouTube: https://www.youtube.com/@doctoravi 📚 Free Clear Aligner Masterclass: clearaligneradvisor.co/masterclass-sign-up 🏫 Clear Aligner Training Program: clearaligneradvisor.co/launchpad 💻 Clear Aligner Advisor Website: clearaligneradvisor.co 📸 Instagram: instagram.com/doctor.avi Learn more about your ad choices. Visit megaphone.fm/adchoices

Perrin is a Co-Founder of Polaris Healthcare Partners. Polaris Healthcare Partners helps healthcare entrepreneurs build successful group practices. We create clarity, confidence, and results through education, strategic consulting, growth capital sourcing, and equity. They help healthcare entrepreneurs build and exit successful group practices. Listen to this information-packed Financial Flossing episode discussing the challenges of building a group practice. What is the biggest challenge that prevents growth? Are you scaling yourself out of the clinician role? Why you should reconsider building a group or DSO. Pros and cons for a fee for service practice. Learn basic growth strategies. Website: http://www.polarishealthcarepartners.com Facebook: https://www.facebook.com/PolarisHealthcarePartners/ LinkedIn: https://www.linkedin.com/in/perrin-desportes-7428067/ LinkedIn: https://www.linkedin.com/company/polaris-healthcare-partners/ YouTube: https://www.youtube.com/channel/UCMINy8AfUJRQ1xHogiMicUg Registered Representative and Financial Advisor of Park Avenue Securities LLC (PAS). OSJ: 3664 Coolidge Ct.,Tallahassee, FL 32311, 850-562-9075. Securities products and advisory services offered through PAS, member FINRA,SIPC. Financial Representative of The Guardian Life Insurance Company of America® (Guardian), New York, NY. PASis a wholly owned subsidiary of Guardian. North Florida Financial is not an affiliate or subsidiary of PAS or Guardian. CAinsurance lic. #0L10073, AR Insurance lic. # 16139032. Learn more about your ad choices. Visit megaphone.fm/adchoices

How can dental professionals streamline their practices to maximize efficiency and revenue? In this enlightening episode of Financial Flossing, host Ross Brannon is joined by dental efficiency expert Kirk Teachout. They delve into the intricacies of transforming a dental practice into a highly efficient, revenue-generating machine. Kirk shares his insights on the importance of efficiency in dental practices and provides practical tips on how dentists can achieve this. 🔑 Key Takeaways: 🚀 Streamlining Operations: Kirk emphasizes the significance of streamlining daily operations to enhance productivity and patient satisfaction. 💡 Innovative Strategies: They discuss innovative strategies that can be implemented for effective management and organizational structure. 📊 Data-Driven Decisions: The importance of making data-driven decisions for sustainable growth and success is highlighted. 🤖 Leveraging Technology: Embracing modern technology to improve patient experience and operational efficiency. 📈 Revenue Growth Tips: Kirk provides valuable tips on how to grow revenue while maintaining a high standard of patient care. ⏰ Work-Life Balance: Insights into achieving a balance between a thriving practice and personal time, challenging the norm of long working hours. 🧠 Mindset Shift: The necessity of a mindset shift for dentists to embrace efficiency as a core value in their practice. 🎧 Listen to this episode to discover how to transform your dental practice with efficiency and innovation, and why it's crucial for the modern dentist. Learn more about your ad choices. Visit megaphone.fm/adchoices

How can dental education and practice management be improved, and what are the real-world challenges dentists face after graduation? This "Financial Flossing" episode features Dr. Vincent Buscemi, a dentist who focuses on improving dental education and practice management. He discusses the inadequacies of dental school in preparing students for the realities of dentistry, emphasizing the importance of continuous education. He also shares his experiences transitioning to a fee-for-service model and balancing professional life with family commitments. Key Takeaways: 🦷 Dental education often lacks practical business and patient communication skills, necessitating further learning post-graduation. 🦷 Continual learning is crucial in dentistry to bridge the gap between theory and practice. 🦷 Transitioning to a fee-for-service model in dentistry can be challenging but rewarding. 🦷 Balancing work and personal life is essential; prioritize family over professional pursuits. 🦷 Effective management of complex patient interactions and maintaining positive relationships is vital in a clinical setting. Reach out to Dr Vincent Buscemi Website https://www.buscemifamilydentistry.com/ Facebook URL https://www.facebook.com/profile.php?id=100089800516504 YouTube URL https://www.youtube.com/channel/UC-q4M9a_FIr67m9035AqiAA Instagram https://www.instagram.com/vincedds *Note from Ross: If you're a high-income earner and would like to learn more about legally reducing your tax burden, or if you have had or are going to have a capital gain event and would like to learn about minimizing taxes on the transaction (even if it already happened) then click here to schedule a 30-minute Zoom meeting https://calendly.com/meetwithross/30min?back=1&month=2024-01 Learn more about your ad choices. Visit megaphone.fm/adchoices

🎙️ Are you a medical professional seeking expert tax advice? In this podcast episode, Ross interviews Alexis Gallati, founder of Cerebral Tax Advisors, a virtual firm specializing in tax strategy for medical professionals. Alexis discusses the importance of proactive tax planning and her firm's services, including tax planning, compliance, and education. Alexis also shares her motivation for becoming a tax planner. The conversation covers the difference between compliance and tax planning, the benefits of Cerebral Tax Advisors' services, and the resources available on their website. Alexis also introduces the Cerebral Wealth Academy, a course designed for individuals who want to handle their tax planning. ✅ Key Takeaways:  1️⃣ Proactive tax planning is crucial for medical professionals to optimize their financial situation.  2️⃣ Cerebral Tax Advisors specializes in tax strategy, compliance, and education for medical professionals.  3️⃣ Alexis Gallati motivation for becoming a tax planner stems from her desire to help medical professionals navigate complex tax laws.  4️⃣ Compliance focuses on meeting legal requirements, while tax planning aims to minimize tax liability and maximize financial benefits.  5️⃣ Cerebral Tax Advisors offers a range of services to assist medical professionals in optimizing their tax strategies.  6️⃣ The Cerebral Wealth Academy provides a comprehensive course for individuals who want to handle their tax planning. How to Reach Alexis: To learn more about Cerebral Tax Advisors and their services, visit their website at www.cerebraltaxadvisors.com. You can also contact Alexis Gallati via email at alexis@cerebraltaxadvisors.com   Reach out on LinkedIn: https://www.linkedin.com/in/alexis-gallati/ Learn more about your ad choices. Visit megaphone.fm/adchoices

How is the dental industry adapting to its financial challenges? Join host Ross Brannon and guest Josh DeVries, CEO of Intiveo, in a compelling discussion on this topic. Josh DeVries, the CEO of Intiveo, offers a unique perspective on the financial aspects of dentistry. His work at Intiveo revolves around patient engagement solutions, addressing the high borrowing costs and substantial capital investments challenging dental practices. DeVries understands patient financial constraints and promotes adaptable treatment and payment strategies. This episode of "Financial Flossing" delves into various aspects of the current financial climate in dentistry. Discussions include the impact of financial pressures on patient treatment choices and dental practice operations, emphasizing the need for flexible payment and treatment planning. The conversation also covers the considerations for dentists contemplating selling their practices, focusing on market conditions, and ensuring continuity of patient care. Key Takeaways: ✅ Financial Adaptability: Emphasizing the importance of adapting to financial challenges in the dental industry with innovative treatment and payment plans. ✅ Patient-Centric Approach: Recognizing and addressing patients' financial limitations is crucial for effective dental care. ✅ Market Dynamics: Strategies for dentists to differentiate their services in a competitive environment. ✅ Industry Trends: Insights into the evolving dental practice consolidation and independence landscape. ✅ Role of Technology: The significance of platforms like Intiveo in enhancing patient communication and engagement in dental practices.  Tune into "Financial Flossing" with Ross Brannon and Josh DeVries for an insightful exploration of the financial dynamics of the dental industry and the impactful role of Intiveo. Connect with Josh: https://intiveo.com. LinkedIn: https://www.linkedin.com/company/intiveo-software/ Learn more about your ad choices. Visit megaphone.fm/adchoices

In this brief year-end episode, Ross Brannon extends heartfelt thanks to all the guests and listeners of 'Financial Flossing.' Join him as he reflects on the year's financial journey and looks ahead to a prosperous new year. Episode Overview: Gratitude to guests and listeners for their contributions and engagement. Encouragement to reflect on financial goals and prepare for the upcoming year. A reminder about the importance of end-of-year financial planning. Ross wishes everyone a safe holiday season and reminds us to stay financially vigilant. Learn more about your ad choices. Visit megaphone.fm/adchoices

Are you maximizing your business's profit or just owning a job? How well do you understand the financials behind your success? Discover the secrets to financial success in business with 'Financial Flossing with Ross Brannon.' This Episode 128 features Rocky Lalvani, a chief profitability advisor renowned for his innovative approach to business finances. Dive into insightful discussions about the crucial role of understanding financials and the strategies to maximize profits with minimal effort. Rocky demystifies the complexities of financial statements and introduces a 'Profit First' mindset, challenging conventional business practices. Learn how to differentiate between owning a business and merely owning a job, and explore practical ways to collaborate with financial experts for more tremendous success. Key Takeaways: ✅ Understanding Your Business's Financial Health: The critical importance of knowing your financials for informed decision-making. ✅ Profit First Approach: A revolutionary perspective on managing finances to ensure profit is not an afterthought. ✅ Seeking Professional Guidance: The role of experts like CPAs, attorneys, and financial advisors in driving financial success. ✅ Mindset Shift for Business Owners: Challenging traditional views on spending and effort in business for better profitability. ✅ Effective Cash and Treasury Management: Balancing operational needs with the potential of idle cash to ensure business growth and stability. Connect with Rocky Lalvani, MBA, EA Chief Profitability Officer Website: https://profitcomesfirst.com/ Email: rocky@lalvani.net Learn more about your ad choices. Visit megaphone.fm/adchoices

🔍 Have you ever wondered how to turn failures into opportunities for growth? Join us in this podcast episode as Russ hosts Dr. Mark Costes, a successful dentist, entrepreneur, and Dental Success Institute (DSI) creator.  🎯 Key Takeaways: ✅ Dr. Costes' journey into dentistry and his challenges in his first year of private practice ownership. ✅ The importance of viewing failures and roadblocks as learning experiences and opportunities for improvement. ✅ The creation and impact of the Dental Success Institute (DSI) and the Dentalpreneur Podcast on the dental industry. ✅ The significance of effective leadership and understanding financial statements for running a successful dental practice. ✅ The current consolidation trend and the financial implications of selling a dental practice. ✅ A discussion on the financial aspects of being a dentist versus a doctor. 👨‍⚕️ About Dr. Mark Costes: Dr. Mark Costes is a renowned dentist, entrepreneur, and the Dental Success Institute (DSI) creator. With his extensive experience in starting and acquiring successful dental practices, Dr. Costes has become a leading authority in the dental industry. He is also the host of the Dentalpreneur Podcast, where he shares his insights and interviews top professionals in the field. 📝 Quick Summary: Dr. Mark Costes shares his inspiring journey from making mistakes in his first year of private practice ownership to becoming a successful dentist and entrepreneur. He emphasizes the importance of learning from failures and adopting a growth mindset. Dr. Costes also discusses the creation of the Dental Success Institute (DSI) and the impact of his Dentalpreneur Podcast on the dental industry. He provides valuable insights on effective leadership, understanding financial statements, and navigating the current trend of dental practice consolidation. The episode concludes with discussing the financial aspects of being a dentist versus a doctor. 🔗 Listen to the full episode to gain valuable insights from Dr. Mark Costes and learn how to turn failures into opportunities for success in the dental industry. Learn more about your ad choices. Visit megaphone.fm/adchoices

Have you ever wondered what goes on behind the scenes when a dentist decides to sell their private practice?  Welcome to another episode of Financial Flossing, where we unravel the intricacies of dental practice transitions. Today's guest is Todd Blackmar, a transition consultant at Bridgeway Practice Transitions. Join us as we delve into dental practice transitions and gain insights that could shape your journey. . Ross Brannon candidly engages Todd Blackmar in this enlightening episode about dental practice transitions. Todd clarifies that when they talk about transitions, it's not just about change but a pivotal moment for many dentists: selling their private practices. Bridgeway Practice Transitions assists dentists in selling their private practices, paving the way for them to embark on their next chapter of life while offering new dentists a ready patient base. Key Takeaways: ✅ Understanding Dental Practice Transitions: Transitions in the dental world refer to the sale of a dental practice. Bridgeway Practice Transitions facilitates these transitions, ensuring retiring dentists exit with a nest egg while providing a head start to newcomers. ✅ The Bridgeway Approach: Bridgeway focuses on higher volume, lower-priced transactions, emphasizing that every retiring dentist deserves a smooth transition. Their mission is to treat every retiring dentist respectfully and ensure they leave with financial security. ✅ Pricing and Real Estate: Dental practices sold through Bridgeway range in price from $150,000 to several million dollars, with the added value of real estate in some cases. Including real estate makes it easier for banks to provide loans, boosting the overall value of the practice. ✅ Agreements and Transition Period: Bridgeway's agreements are simple and customized to fit individual circumstances. They aim to keep the process straightforward and efficient. The typical transition period lasts 60 to 90 days, similar to buying a house, but can vary depending on the parties involved. ✅ Patient and Staff Retention: The retention of patients and staff during a dental practice transition largely depends on how the buyer handles the process. Proper handling typically results in a high patient retention rate, while staff retention hinges on effective communication and treatment during the transition. How to Reach Todd Blackmar: You can connect with Todd Blackmar and learn more about dental practice transitions through Bridgeway Practice Transitions: Website: Bridgeway Practice Transitions LinkedIn: Todd Blackmar on LinkedIn Please take advantage of this insightful episode as we uncover the nuances of dental practice transitions with Todd Blackmar. Stay tuned for more exciting episodes of Financial Flossing, your go-to podcast for financial insights in the dental industry! #FinancialFlossing #DentalTransitions #PodcastEpisode Learn more about your ad choices. Visit megaphone.fm/adchoices

🎙️ Seeking Tax Wisdom Beyond the Ordinary 📈 Are you ready to transcend the ordinary and elevate your financial wisdom? In a world where high-income and high-net-worth individuals navigate complex financial landscapes, a guiding light emerges Matt Chancey. With over 15 years of experience in the finance industry, Matt is not your ordinary financial advisor. He's a tax reduction virtuoso, dedicated to legally reducing taxes on income and capital gains for his national clientele. 🚀 Quick Summary 🌟 In this enlightening episode of Financial Flossing, join us as we delve into the world of tax reduction with Matt Chancey. Beyond tax strategies, Matt transforms financial futures, often leading clients to comprehensive financial planning and investment management solutions. Ross and Matt discuss the unique challenges those earning above-average incomes face, the significance of choosing the right tax professional, and dive deep into the intricate tax code. Matt provides illuminating examples of highly compensated employees. He leaves us with a golden nugget of wisdom: "Be careful taking tax advice from somebody who makes less income than you pay in taxes." 📌 Key Takeaways ✅ ●     Matt Chancey specializes in legally reducing taxes on high-income and high-net-worth clients' income and capital gains. ●     Beyond tax reduction, Matt often leads clients toward comprehensive financial planning and investment management solutions. ●     This episode explores challenges faced by individuals with above-average incomes. ●     It emphasizes the importance of working with the right tax professional. ●     There's a deep dive into the intricacies of the tax code and when to seek expert assistance. ●     Matt provides insightful examples of highly compensated employees. ●     A valuable piece of advice from Matt: "Be careful taking tax advice from somebody who makes less income than you pay in taxes." 🔗 Connect with Matt Chancey 🌐 ●     Website: Matt Chancey's Website ●     LinkedIn: Matt Chancey on LinkedIn Tune in to this enlightening conversation with Matt Chancey, a financial luminary in his own right, and unlock the secrets to financial success beyond the ordinary.   Learn more about your ad choices. Visit megaphone.fm/adchoices

Ever wondered what drives a dentist to sell their practice and how they choose the right buyer?" Financial Flossing with host Ross Brannon and features guest  Sharmyn Long Olivares from Wingspan Transitions. With over 30 years of experience in dentistry, starting as an RDA at 15 and then becoming an RDH by 19, Sharmyn has been a pivotal figure in the dental industry, especially in practice transitions. Key Takeaways: ✔️ Legacy Over Profit: Sharmyn explains why many dentists prefer selling to private buyers, focusing on their practice's legacy and patient care. ✔️ Seller Motivations: Different motivations between dentists selling to DSOs and private buyers are highlighted, emphasizing control and passion for dentistry. ✔️ Market Trends: Recent increase in transactions and rising practice prices in the private buyer market. ✔️ Maintaining Performance: The importance of keeping dental practices high-performing during the sale process. ✔️ Strategic Location Choices: Sharmyn advises on the benefits of choosing practice locations outside high-cost areas.  Tune in for more insightful episodes of Financial Flossing with Ross Brannon. Visit the website: https://wingspantransitions.com/ Learn more about your ad choices. Visit megaphone.fm/adchoices

What's the secret to ethical sales success in the dental industry? Join host Ross Brannon on the "Financial Flossing" podcast for an insightful exploration with our guest, Greg Nanigian. In this episode, Greg Nanigian, a seasoned international Sales and Case Acceptance Trainer in the dental industry, sheds light on the importance of ethical sales practices and case acceptance. 🎙️ Guest Bio: Greg Nanigian, with a remarkable 37-year career, is an expert in enhancing sales and case acceptance skills within the dental sector. He strongly advocates ethical sales, emphasizing honesty and nurturing long-term client relationships. Greg's approach prioritizes understanding clients' needs and budgets before proposing solutions, creating win-win scenarios that drive organizational growth. 🎙️ Summary: In this episode of "Financial Flossing," Greg Nanigian's insights take center stage as we explore ethical sales and case acceptance in the dental industry. We'll uncover key takeaways to empower dental professionals to succeed in this critical aspect of their practice. 🟢 Key Takeaways: 🟢 Ethical sales practices redefine the role of salespeople in the dental industry, emphasizing honesty and cultivating long-term client relationships. 🟢 Effective communication, including using models like DISC, can enhance sales effectiveness and strengthen client rapport. 🟢 Understanding emotional factors like pain and fear is pivotal in increasing case acceptance rates. 🟢 Balancing ethical sales with financial considerations requires offering comprehensive care while respecting patients' budgets.  To contact Greg, you can call 617-338-0993 or email greg@gnatraining.com or schedule a 15 Zoom call at this link: https://calendly.com/greg-nanigian/zoom-call-with-greg-15-mins-u Learn more about your ad choices. Visit megaphone.fm/adchoices

Have you ever wondered if your money could work harder than you? 💼🚀 Join Ross Brannon as he explores The Shred Method with Adam Carroll, revealing how to maximize your income efficiency. 💸 Dive into this compelling episode of Financial Flossing, where Ross Brannon and financial strategist Adam Carroll dissect The Shred Method, a revolutionary approach to income efficiency for the discerning high earner. ✨ Key Takeaways: ✅ Proactive Financial Autonomy: The Shred Method provides a proactive route to financial autonomy, especially for those with larger incomes. ✅ Innovative Equity Growth: Carroll’s strategies, such as the Australian Mortgage strategy, offer a novel way to increase equity and income simultaneously. ✅ Mortgage Recasting Benefits: Implementing mortgage recasting could mean lower monthly payments and faster debt clearance. ✅ Debt Repayment Acceleration: The method isn't just about saving but also efficiently channeling funds to pay off debts like student loans more rapidly. ✅ Discipline and Perspective Shift: Success with The Shred Method hinges on solid financial discipline and a willingness to look beyond traditional banking practices. ✅ Complementary Investment Strategy: It serves as a supplement to market investments, providing a holistic approach to enhancing personal wealth. 🔓 Unlock the secrets to financial efficiency with Ross Brannon and Adam Carroll in this must-listen episode of Financial Flossing. Discover how The Shred Method can revolutionize your approach to income management and set you on a path to faster financial success. 🌟🛣️ Social Media Channels: IG: www.instagram.com/Adam.Carroll IG: www.instagram.com/The.ShredMethod Li: https://www.linkedin.com/in/adamcarrollspeaks/ YT: https://www.youtube.com/adamcarrollspeaker Find out more information about The Shred Method: www.TheShredMethod.com Find out more information about Adam: www.AdamCarroll.info Adam Phone: 515-991-7146Broke Busted & Disgusted Documentary: www.brokebusteddisgusted.com Adam’s TED talks: When Money Isn’t Real: The $10,000 Experiment – https://youtu.be/_VB39Jo8mAQ The Changing Economic Realities of College – https://youtu.be/PpN8KlnU7Fw Adam’s Books:  The Build a Bigger Life Manifesto: https://amzn.to/3OexQj0 Winning The Money Game: https://amzn.to/44Kg26g Mastery of Money for Students: https://amzn.to/44TKtY0 30 Days To $1K: https://amzn.to/3QrwHai Learn more about your ad choices. Visit megaphone.fm/adchoices