Discover
The Dental Wealth Nation Show with Tim McNeely
The Dental Wealth Nation Show with Tim McNeely
Author: ® Tim McNeely
Subscribed: 2Played: 22Subscribe
Share
© Copyright All rights reserved.
Description
You built a practice worth millions. But the exit? That’s where fortunes are made—or quietly lost to fragmented advice, mistimed decisions, and tax strategies that weren’t designed for what comes next.
The Dental Wealth Nation Show exists for the practice owner standing at the threshold: the one weighing the DSO offer, questioning whether their advisors are actually coordinating, wondering if there’s a better path from practice income to multi-generational wealth.
Host Tim McNeely has spent his career in that gap—the space between clinical success and lasting financial legacy where most advisory teams fail their clients. He operates a Virtual Family Office serving dental entrepreneurs with $5M–$25M in net worth, holding the rare combination of CFP®, CIMA®, CEPA®, and CPFA® designations. He’s not here to replace your CPA or attorney. He’s the financial quarterback they’ve been missing.
Each episode pulls back the curtain on the coordination failures that cost practice owners millions: the exit that happened two years too early, the entity structure that triggered an unnecessary seven-figure tax bill, the wealth plan that worked beautifully until the practice sold and everything broke.
This isn’t motivation. It’s architecture. If you’re building toward an exit—or already in the middle of one—this is your blueprint.
New episodes. Visit dentalwealthnation.com for the Exit Readiness Assessment.
The Dental Wealth Nation Show exists for the practice owner standing at the threshold: the one weighing the DSO offer, questioning whether their advisors are actually coordinating, wondering if there’s a better path from practice income to multi-generational wealth.
Host Tim McNeely has spent his career in that gap—the space between clinical success and lasting financial legacy where most advisory teams fail their clients. He operates a Virtual Family Office serving dental entrepreneurs with $5M–$25M in net worth, holding the rare combination of CFP®, CIMA®, CEPA®, and CPFA® designations. He’s not here to replace your CPA or attorney. He’s the financial quarterback they’ve been missing.
Each episode pulls back the curtain on the coordination failures that cost practice owners millions: the exit that happened two years too early, the entity structure that triggered an unnecessary seven-figure tax bill, the wealth plan that worked beautifully until the practice sold and everything broke.
This isn’t motivation. It’s architecture. If you’re building toward an exit—or already in the middle of one—this is your blueprint.
New episodes. Visit dentalwealthnation.com for the Exit Readiness Assessment.
138 Episodes
Reverse
Ready to move your dental practice from chaos to calm—and finally claim the wealth, freedom, and fulfillment you deserve?
In this episode of The Dental Wealth Nation Show, host Tim McNeely—Certified Financial Planner (CFP), Certified Investment Management Analyst (CIMA), and Certified Exit Planning Advisor (CEPA)—unpacks the secrets to designing a thriving dental career with special guest Dr. Mark Davis, a seasoned entrepreneur who’s owned 16 practices and mastered the art of building a life and business he actually loves.
If you’ve ever felt overwhelmed by the daily grind, trapped by perfectionism, or stuck reacting to endless fires, this powerful conversation is for you. Discover the ground-breaking Good Day Framework, practical time management strategies, and the mindset shifts that transform stress into streamlined success. Dr. Mark Davis shares real-world stories, tools for clarity over chaos, and hard-won wisdom gained from years in the trenches—plus actionable tips for restoring energy, empowering your team, and delivering radically better patient care.
Tim McNeely’s financial expertise for dentists brings you proven wealth strategies for business growth, tax mitigation, and profitable exit planning. This episode will help you:
Simplify your practice and amplify what matters most
Shift from reaction to intentional response, even when the day unravels
Build true financial freedom and future-proof your career
Learn what separates resilient, fulfilled dentists from burned-out survivors
Implement practical wealth-building and retirement planning tips tailored for dental entrepreneurs
Whether you’re scaling up, planning your exit, or simply hungry for more impact and joy, you’ll walk away inspired, equipped, and empowered to take bold action—starting today.
Dental Wealth. Exit Planning. Financial Freedom. Business Growth. Wealth Strategies for Dentists. Tax Mitigation. Retirement Planning.
Don’t just survive—thrive!
Subscribe, share, and book your strategy session with Tim McNeely at [Insert Website] to unlock deeper insights, personalized wealth acceleration, and unstoppable momentum. Follow @TimMcNeely for high-impact tips and the latest breakthroughs in dental business success.
Stop letting chaos drain your energy. Start building a simple, elegant, and profitable practice—on your own terms. Press play and join the Dental Wealth Nation today!
Ready to unlock the hidden key to a thriving, high-profit dental practice—and it’s not just about the money?
In this must-listen episode of The Dental Wealth Nation Show, host Tim McNeely—CFP®, CIMA®, CEPA®, and one of the most trusted wealth strategists for dental entrepreneurs—dives deep with special guest Danielle Kramer, founder of Easy Dental Solutions, on what really powers practice growth and financial freedom: building a truly happy, people-first dental team.
Forget the typical advice. Tired of turnover, endless recruiting, or struggling to motivate your team with bonuses alone? Tim McNeely and Danielle Kramer blow the lid off old-school “culture” clichés. You’ll discover:
The rarely discussed link between team happiness and practice profitability—and how it directly impacts patient retention and satisfaction.
Why open communication, clear vision, and people-first leadership can accelerate business growth and help you scale (and exit!) smarter.
Actionable frameworks for dental owners to boost morale, create alignment, and build momentum—without burning out or losing top talent.
Powerful mistakes dentists often make leading their teams, plus gritty strategies to correct course and foster lasting success.
How to leverage morning huddles, strategic meetings, and intentional role-matching to unlock every team member’s full potential.
Real-world stories on how improving staff culture instantly increased practice performance.
Whether you’re gunning for a more lucrative exit, preparing for retirement, or just want less stress and more cash flow, this episode arms you with proven wealth-building tactics and business growth insights straight from the front lines of dentistry.
Don’t miss out: Hit subscribe to The Dental Wealth Nation Show, visit [Insert Website], and follow Tim McNeely on social media for more fearless guidance on dental wealth, exit planning, financial freedom, tax mitigation, retirement strategies, and scaling your impact and profits.
This show isn’t for the faint of heart—but for entrepreneurial dentists who want practical, unapologetic advice to build true wealth, care boldly for their team, and leave a lasting dent in the universe.
Dental Wealth | Exit Planning | Financial Freedom | Business Growth | Wealth Strategies for Dentists | Tax Mitigation | Retirement Planning
Tune in—your journey to wealth domination in dentistry starts now.
From Burnout to Prime: Reclaim Your Dental Practice and Wealth with Melinda Hereford | The Dental Wealth Nation Show
Are you a driven dental entrepreneur feeling stuck between daily burnout and the thriving practice you know is possible? This episode of The Dental Wealth Nation Show with Tim McNeely is your wake-up call—a masterclass in turning frustration into freedom and building a dental practice (and life) you genuinely love.
Join host Tim McNeely—CFP, CIMA, CEPA, and renowned dental wealth strategist—as he sits down with dental practice management expert Melinda Hereford to break down the real reasons successful dentists get stuck in survival mode. Discover why chasing more production or simply slashing expenses isn’t the answer—and how the right combination of mindset, systems, and team alignment unlocks your path to lasting wealth and total fulfillment.
In this powerhouse episode, you’ll learn:
Why true financial freedom for dentists goes far beyond bigger profits and busy work
The root causes of dental burnout—and proven strategies to regain clarity, energy, and joy at work
The “Wildly Important Goal” (WIG) framework: how to set one high-impact target for your practice and mobilize your entire team around it
How to implement Most Important Tasks (MITs) for yourself and your staff to drive lasting change—without the pain of micromanagement
Ways to leverage simple business dashboards and accountability rhythms to ensure your plans stick (and your profits soar)
How engaging your team and focusing on the right goals transforms not just your numbers, but your everyday experience as a leader
Tax mitigation, cash flow mastery, and retirement planning essentials—uniquely built for entrepreneurial dentists
With decades of experience helping dental practice owners scale smarter, exit wealthier, and thrive with less stress, Tim McNeely brings no-nonsense, actionable strategies and a heart for every dentist looking to build true, lasting wealth.
Ready to finally stop treading water and start thriving? Subscribe now for hard-hitting, heart-centered advice on Dental Wealth, Exit Planning, Business Growth, Financial Freedom, Tax Mitigation, Wealth Strategies for Dentists, and more.
Take the next step:
👉 Like, subscribe, and share this episode with your peers.
👉 Book your strategy session with Tim McNeely at [Insert Website].
👉 Join our community on social media for daily insights and actionable wealth-building tips.
Dental Wealth Nation: Your future. Your freedom. Your legacy. Let’s unlock it—together.
Ready to turn small actions into massive results for your dental practice and your wealth? In this high-impact episode of The Dental Wealth Nation Show, host Tim McNeely—Certified Financial Planner (CFP), Certified Investment Management Analyst (CIMA), and Certified Exit Planning Advisor (CEPA)—welcomes Joe Lynch of Dandy to break down how “walking the floor” in your practice is the overlooked leadership move that could scale your business, drive up your financial freedom, and help engineer the ultimate exit.
Join Tim McNeely and Joe as they cut through the noise and reveal why operational empathy is the foundation for operational excellence in modern dental practices. Discover real strategies to help you:
Spot and close the operational blind spots that hold back patient outcomes, team morale, profitability, and practice value.
Implement “walking the floor”—learning how simple conversations and attention to overlooked workflows reveal your highest-impact levers for growth and efficiency.
Understand how to build, scale, and automate winning systems that prepare your practice for a successful exit, attract top talent, and boost case acceptance and retention.
Adopt actionable tips for digital transformation, workflow streamlining, and leveraging data beyond the dashboard.
Learn how simple mindset shifts and operational empathy can compound over time—accelerating your path to financial freedom and a life of significance.
With trusted guidance from Tim McNeely, a nationally recognized advisor to entrepreneurial dentists, you’ll get the no-nonsense, gritty, heart-centered advice needed to leap past survival, and start thriving. Get tangible takeaways and inspiring examples you can implement in your practice tomorrow.
This episode is essential listening for dental entrepreneurs and practice owners hungry for Dental Wealth wisdom, strategic Exit Planning, Tax Mitigation tactics, Business Growth acceleration, and premium Wealth Strategies for Dentists.
🔥 Ready to scale smarter and secure your ideal exit? Subscribe now, share with a colleague, and book a complimentary strategy session with Tim McNeely to unlock your next level of financial freedom. Visit [Insert Website] and connect with Tim on social for nonstop insights to elevate your wealth journey.
The Dental Wealth Nation Show: where real dentists build real wealth, one bold move at a time. Don’t just survive—thrive and build a legacy that lasts!
Join host Tim McNeely and special guest Ian Miller, CEO of Dental Mutuality and Guinness World Records holder, for a high-energy episode that reframes modern dentistry. Ian and Tim dig into how the industry has shifted—driven by DSOs, AI, and new business models—and share practical ways practice owners can find hidden profits, protect EBITDA, and make dentistry enjoyable again.
Topics covered include the dual nature of change (both opportunity and threat), how to evaluate and adopt AI and new technologies without getting overwhelmed, and the crucial role of trusted partners or consultants in vetting options for your office. Ian explains why early adoption today looks different and how to decide which innovations actually move the needle for your practice.
The conversation highlights often-overlooked profit drivers beyond marketing and production growth: smart cost-savings, staff satisfaction and retention, patient loyalty, and operational tweaks that drop straight to the bottom line. Tim and Ian discuss tariffs, production protection, and why a dollar of cost savings can deliver more immediate impact than a dollar of new revenue.
Patient and staff wellbeing are emphasized as central to profit and joy in the office. Ian shares real solutions—like virtual reality from Paper Plane Therapeutics to reduce patient anxiety and lunchtime VR resets for staff—as well as practical sensory changes (colors, smells, music) that improve clinic atmosphere and outcomes.
Actionable growth ideas are also explored: community engagement and charitable care as authentic marketing and morale builders, and hands-on tactics like offering custom athletic mouthguards to drive new patient traffic. Ian issues a 28-day challenge to inject fun into the office and invites listeners to try small, immediate changes to see big morale and financial results.
Expect an upbeat, solutions-focused episode full of concrete next steps you can use tomorrow—technology evaluation strategies, ways to uncover hidden profits, patient-anxiety tools, staff-retention tips, and how to build a practice that thrives financially and culturally. To learn more about Ian and Dental Mutuality, visit dentalmutuality.com.
Host Tim McNeely welcomes Dickie Ball, owner of Summit Handpiece Express, to uncover how simple handpiece maintenance and quality repair can dramatically improve a dental practice’s efficiency, patient care, and exit valuation. This episode explains why small operational habits matter and how they translate into real financial gains.
The conversation covers practical topics including proper lubrication (before every autoclave cycle), correct PSI settings, burr quality, autoclave calibration, and the dangers of gray-market handpieces. Dickie explains the most common mistakes practices make—insufficient lubrication, incorrect PSI, and poor sterilization practices—and shows how fixing these fixes reduces downtime and repair frequency.
Dickie describes differences between cheap repairs and quality repairs, why Summit uses ceramic ABEC-9 bearings, and how selecting an established, responsive repair partner affects longevity and warranty performance. He also discusses DSO-level reporting: quarterly repair summaries, trend analysis, and simple protocol changes that lower costs and boost EBITDA.
Listeners will hear how team education and clear protocols (checklists for high- and low-speed handpieces, chair-side PSI checks, and immediate removal of malfunctioning instruments) improve staff productivity and patient experience. Dickie shares Summit’s family-owned approach, easy prepaid shipping and free estimates, and resources like a free laminated maintenance sheet and training he delivered at the Florida Dental Convention.
Key takeaways: routine, correct maintenance cuts repair costs; quality parts and repairs lengthen handpiece life; empower your team with simple systems to prevent failures; and partnering with the right repair vendor improves finances and clinical operations. For help or a second opinion, contact Dickie at rick@summithpx.com or call 877-342-0101 (toll-free) / 561-823-0101 (local).
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.
🎧 Episode: From Drill to Dream — Reinventing Life After Dentistry
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.
Healing the Healers: Navigating Grief with Dr. Parul Dua Makkar
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.
What You’ll Learn in This Episode:
✅ 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.
Keywords:
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.
In this enlightening episode of Dental Wealth Nation, your host Tim McNeely invites listeners to embark on a journey of discovery, inspiration, and strategic philanthropy. Join us as we pull back the curtain on the often-hidden advice and strategies that successful individuals and families use to achieve extraordinary goals.
As a driven dentist, you understand the value of unique perspectives and the power of visionary thinking. This episode introduces you to Morris Mogel, a compassionate dental hygienist with a heart of service. Born in a small village on the slopes of Mount Kenya, Morris has transformed his life experiences into a mission of making a significant impact in the world.
Morris shares the heartfelt story behind Safari and Smiles, a non-profit organization keen on blending dental care missions with dream safari experiences. Discover how strategic philanthropy allows Morris and his team to bring joy, alleviate pain, and educate communities across Africa. Experience the power of combining immense adventures with noble deeds as Morris takes you behind the scenes of his incredible journey.
This episode not only highlights the profound impact of individual donors and small acts of kindness but also inspires dentists and professionals alike to rethink their approach to giving. Learn practical tips on strategic gifting and values-based philanthropy, encouraging listeners to align their generosity with their core beliefs. From GoFundMe campaigns to the intricacies of setting up a 501(c)(3) organization, you'll gain insight into successfully navigating the world of charitable giving.
Tim McNeely and Morris Mogel bring to light the critical role of storytelling in maximizing charitable impact and emphasize why almost 64% of gifts come from individual donors. This episode isn't just about dentistry—it's about crafting a life of significance, transforming the world one smile at a time, and making your dent in the universe.
Join us in this captivating episode of Dental Wealth Nation as we pull back the curtain to unveil the hidden strategies and advice that propel the most successful dentists and practitioners towards a future of abundance and freedom. With a passion for turning business deals into exhilarating experiences, our extraordinary guest, Elijah Desmond, a dental hygienist-turned-entrepreneur, shares his journey from motivational speaking at 15 to revolutionizing exit strategies for dental practices.
Tim McNeely welcomes Elijah Desmond, known for his unique approach and charismatic persona as DJ Smiles, to explore the world of dental practice exits. Elijah brings his infectious enthusiasm to what is often seen as a daunting process, making it clear that exiting doesn't have to be a struggle. By focusing on the endgame from the beginning, Elijah emphasizes the power of having a well-defined "why," which is crucial in crafting a seamless transition from practice ownership to the next chapter of life.
Dive into this narrative as Elijah uncovers the importance of early planning, demonstrating why knowing the potential value of your practice years before your exit is a game-changer. With insights on the cultural fit of organizations, innovative event-based selling processes, and the imperative of understanding your practice's true worth through proper EBITDA evaluations, Elijah's approach is a testament to creating not just successful exits, but joyful ones.
Discover how Elijah's vision reshapes exit strategies with authenticity, turning dentists from sole practitioners to premier partners in dental groups. His entertaining yet strategic approach ensures that dentists not only maximize their financial outcomes but also ensure continuity in their life's work. Whether you're nearing retirement or just beginning to think about a future transition, this episode is your guide to a prosperous and fulfilling business exit journey. Listen in and learn how to make your transition not just a conclusion, but a celebration.
🔥 Unlock the Secrets to Retain Top Talent and Maximize Your Dental Practice's Wealth! 🔥
Welcome to The Dental Wealth Nation Show, where host Tim McNeely reveals the powerful strategies you need to grow, sustain, and exit your dental practice with confidence and abundance. In this riveting episode, "Pay with Purpose," we explore how to transform your compensation strategy from a liability into an investment, helping you attract and retain the best talent while cultivating a thriving work culture.
Join certified financial expert Tim McNeely, a seasoned CFP, CIMA, and CEPA, as he delves into key issues like retention, abundance mindset, and employee compensation. Learn from special guest Kevin, Founder and CEO of Intuitive Compensation, who shares how to bring an abundance mindset into your practice to create a culture of success and sustainability.
💡 In This Episode, You'll Discover:
How to turn your payroll from an expense into an investment
Why retention dollars outperform incentive dollars
How creating a "big win" for your associates can transform your practice
The impact of innovative compensation strategies on your EBITDA
Why aligning your team's goals with the practice's goals is crucial
Tune in to gain insider strategies, expert insights, and actionable financial tips that can revolutionize how you operate and grow your dental practice.
👉 Don't miss out! Subscribe now to stay ahead with cutting-edge strategies for Dental Wealth, Exit Planning, Business Growth, and Retirement Strategies. Visit our website at dentalwealthnation.com for more information and to book a free consultation today!
Tags: #DentalWealth #ExitPlanning #BusinessGrowth #RetentionStrategies #CompensationInnovation #EmployeeRetention #TimMcNeely
Engage with this heart-centered content to transform your financial future and make a lasting impact on your practice and community! 🌟
In this insightful episode of *The Dental Wealth Nation Show*, host Tim McNeely and certified business coach Ben Shaver, dive deep into the complexities of recruiting associate dentists efficiently and cost-effectively. As dental practices face increasing challenges in finding and retaining quality talent, this episode offers valuable strategies to overcome recruitment hurdles.
Tim McNeely opens the discussion by highlighting the current recruitment difficulties in the dental industry, emphasizing both internal and external avenues. Ben Shaver then shares his expertise, emphasizing the critical importance of employer branding, messaging, and cultivating a strong internal culture to attract top-tier associate dentists.
The conversation thoroughly explores the misalignment between younger dentists' expectations and practice owners' needs, along with geographical and timing challenges. The episodes underscore the essential nature of maintaining a consistent practice through effective talent acquisition and retention, while managing associated costs.
Key techniques such as reaching out to dental schools and utilizing advanced talent sourcing methods are discussed. The importance of employer reviews on platforms like Glassdoor and Indeed is also highlighted. Encouraging positive reviews can balance out any negative feedback and improve the practice’s image to potential employees.
Attracting and retaining dental talent is further examined through the lens of social media and its role in portraying the practice's brand and culture. Tim and Ben stress the need for a well-aligned leadership, culture, and brand to create a positive work environment, facilitating employee referrals and internal recruitment success.
The shifting priorities of younger generations of dentists are also explored, with a notable emphasis on quality of life and a supportive work environment over financial rewards alone. The episode dives into building a robust recruitment pipeline, underscoring the necessity for a clear mission statement and a vivid vision for the future of the practice.
Additional highlights include industry statistics on associate dentist retention, overcoming recruitment challenges through relationship-building akin to business-to-business marketing, and the role of 3rd party recruiters in speeding up the recruitment process. A successful client example showcases the cost and quality benefits of effective talent sourcing.
Tune in to gain actionable insights and innovative strategies to navigate the evolving landscape of dental associate recruitment. Don't miss out on this valuable conversation that aims to transform your recruitment approach, ensuring your practice is well-equipped for future growth.
For more information and valuable resources, visit dentalwealthnation.com.
Discussion Questions:
What are the biggest challenges dental practices face when recruiting associate dentists, and why do these challenges exist?
How can dental practices improve their employer brand and culture to attract top talent more effectively?
What strategies can dental practices implement to align the interests of younger dentists with those of practice owners?
In what ways do geographical and timing challenges impact the recruitment process, and how can practices overcome these obstacles?
Why is it essential for dental practices to focus on reviews on job recruiting sites like Glassdoor and Indeed, in addition to Google, Yelp, and Facebook?
How can practices utilize their current employees and internal recruitment plans to find quality candidates who fit the practice culture?
What role does social media play in portraying a dental practice’s brand and culture, and how can practices leverage this for recruitment?
How important is building a recruitment pipeline with culture, mission statements, and a vivid vision for the future, and why do many practices lack these components?
What are the key metrics for recruiting associate dentists, and how can practices measure and improve these metrics?
How can dental practices benefit from creative recruitment strategies, such as recruiting international dentists, and what are some success stories in this area?



