Bulletproof Dental Practice

Bulletproof Dental Practice Episode 325 HOSTS: Dr. Peter Boulden & Dr. Craig Spodak GUEST: Dr. Trey Tippit KEY TAKEAWAYS Introduction Arthur Brooks Building the Stage Systems and processes Bulletproof Gospel EBITDA Mitchell Baldridge Individualism is what matters Five things that you have to do to work on your business The Bulletproof Pathway Dentists as CEO's Personality differences Dental business owners have very different lives REFERENCES Dental Cost Seg Bulletproof Mastermind Bulletproof Summit Mighty Networks: Bulletproof Dental Practice   TWEETABLES Success is building what you want and then liking what you built - Dr. Craig

Bulletproof Dental Practice Podcast #324  Repost from our sister Pod, Bulletproof Hygiene! Host: Charissa Wood, RDH Guest: Dr. Katie Lee KEY TAKEAWAYS Introduction Dr. Lee's experience with Surguries Oral Systemic Aspect How do we prevent periodontal disease Heart attacks and strokes are caused by oral infection Pain points in bringing this level of care to fruition What did implementation look like? Understanding the science is the most crucial part Wins by practicing at this level Wins from team culture What is the MMP8 enzyme? Patient Stories Genetic predisposition for inflammation REFERENCES Bulletproof Mastermind Bulletproof Summit Bulletproof Hygiene Mouth Body Bio Marker Katie Lee, DDS Katie Lee, DDS Instagram Book: Saved By the Mouth

Bulletproof Dental Practice Episode Number 323 HOSTS: Dr. Peter Boulden and Dr. Craig Spodak GUEST: Mitchell Baldridge KEY TAKEAWAYS Introduction Cost Segregation applies to dentists Tax Advantage for Dentists Investing with excess cash flow Cost Segregation Study in its simplest form The end goal is to push forward your tax deduction Leasehold improvements Cost segregation and bonus depreciation Specialization is key with a niche service such as dentistry   REFERENCES Dental Cost Seg Bulletproof Mastermind  Bulletproof Summit  Mighty Networks: Bulletproof Dental Practice   TWEETABLES You’ve got to do your own due diligence - Dr. Craig Spodak  

Bulletproof Dental Practice Episode 322 Hosts: Dr. Peter Boulden & Dr. Craig Spodak Guests: Dr. Trey Tippit & Dr. Dwight Peccora   KEY TAKEAWAYS Introduction Trey's Basic Dentistry Model Scalability of simple versus complex dentistry Entertainment and Information disconnect Google Trends Contingency plans Internal marketing at the foundational level Revisiting the patient experience Business reviews The psychology of what matters to people People need human interaction Authentic team energy There is no better audit than a checklist   REFERENCES Bulletproof Mastermind  Bulletproof Summit  Mighty Networks: Bulletproof Dental Practice

The Bulletproof Dental Practice Podcast Episode 321 HOSTS: Dr. Craig Spodak and Dr. Trey Tippit GUEST: Dr. Uche Odiatu KEY TAKEAWAYS Health, wellness, and nutrition Accessible versus Comprehensive Dentistry Body positivity Pre and post covid health Standard of American Healthcare and American Diet 3 Modes of exercise Serotonin Burning Calories Cholesterol Cortisol REFERENCES Bulletproof Mastermind  Bulletproof Summit  Mighty Networks: Bulletproof Dental Practice Dr. Uche Odiatu  

Bulletproof Dental Practice Podcast Episode #320 HOSTS Dr. Peter Boulden and Dr. Craig Spodak GUEST: Mitchell Baldridge KEY TAKEAWAYS: Introduction Twitter (X) Accounting Firm / Dental CPA Taxes Business Advice Business Plan Mitchell's Tweets 10 Tax hack for Business owners QBI optimization Donor advice funds  S - Corps Bonus Depreciation Mega backdoor ROTH Give Yourself Tax Credit Fringe Benefits The Augusta Rule PTET - Salt Cap Workarounds Real Planning and Good Advice ERISA, the Employment Retirement Income Security Act of 1974 Real Estate Opportunity Zones or RV Parks and different REFERENCES: Dental Cost Seg Mitchell on Twitter/X Bulletproof Mastermind  Bulletproof Summit  Mighty Networks: Bulletproof Dental Practice    

Bulletproof Dental Practice Episode #319 Hosts:  Dr. Scott Goldman and Tiger Safarov Guest: Dr. Peter Boulden KEY TAKEAWAYS: Introductions Details of acquistition Effects of high-interest rates Pros of DSOs Private Practice Valuations vs DSO Valuations 4 things to do before selling a practice Ownership is not for everyone REFERENCES: Bulletproof Dental Practice Bulletproof Dental Summit

The Bulletproof Dental Practice Podcast Episode 318 Hosts: Dr. Peter BouldenGuest: Dr. Jeff Anzalone KEY TAKEAWAYS Introduction Path of Life Scaling to the place where become optional in practice Seven habits of having successful Bulletproof background Good systems, Good operations Multiple Income Taxes and Assets Investment Real Estate Passive and Active Power of compounding Raising Kids to be successful REFERENCES Bulletproof Mastermind  Bulletproof Summit  Mighty Networks: Bulletproof Dental Practice Debt-Free Doctor The E-Myth by Michael Gerber Built to Sell by John Warrillow  

The Bulletproof Dental Practice Podcast Episode 317 Host: Dr. Craig Spodak Guest: Parker Smith KEY TAKEAWAYS: Introduction Short term rental vacation rental management Airbnb Price Elasticity Dynamic Pricing A Breakdown Results in a Breakthrough Barriers to hiring Theory of HR The importance of having a mentor Ego and over-confidence Adrenaline of running a business. References: Bulletproof Mastermind  Bulletproof Summit  Mighty Networks: Bulletproof Dental Practice Grand Welcome  From Strength to Strength by Arthur Brooks   Tweetables:  A Vision is a Highly Descriptive Gameplan  Your body releases dopamine when you talk about goals you want to achieve  Happiness and success are defined differently for every person  Having a mentor is the best thing you can do as a business owner  The ultimate freedom is being able to control the outcome of your life  

The Bulletproof Dental Practice Podcast Episode 316 Hosts: Dr. Peter Boulden & Dr. Craig Spodak Guest: Jay Letwat KEY TAKEAWAYS: Introduction Sunbit Group Practice vs solo practitioners No one ever thinks of dentistry as an industry Better Technology Adoption Observing Office Dental Fees Digestible monthly payments Location for DSO Recourse on your loans Different than whether it's recourse or non -recourse Associate patient financing  Credit Card Score REFERENCES: Bulletproof Mastermind  Bulletproof Summit  Mighty Networks: Bulletproof Dental Practice Sunbit  

The Bulletproof Dental Practice Podcast Episode 315 Hosts: Dr. Peter Boulden & Dr. Craig Spodak Guests: Dr. Dwight Peccora KEY TAKEAWAYS: Introduction Mastermind recap How to build profitability Yearly mantra “B players” EGO Associate success Presence of the community Community reputation Word of mouth Presence Renovate to impress buyers Why technology is the greatest training method Attracting “A players” Technology benefiting the team Roman Empire REFERENCES: Bulletproof Mastermind  Bulletproof Summit  Mighty Networks: Bulletproof Dental Practice

Bulletproof Dental Practice Episode 314 Hosts: Dr. Peter Boulden & Dr. Craig Spodak KEY TAKEAWAYS: Introduction Job Interview Employees Market IRS halts Processing claims for ERC Spam Calls How Banks love the dentist What Landlords love the most Real Estate and Healthcare Real Estate Why Twitter (X) is a more interesting site than Instagram and LinkedIn Intellectual conversation on Twitter (X) Difference remarkable and Amazon (kindle) Hardship of Dentistry Have alone time to get some realization How AI can help dentistry Prompt Engineering Marketing lectures College and First Job of Dr. Peter Boulden Rules in School and Rules in life Publishing a book Quantity has a Quality all of its own Everyone Scared in Dentistry Opening a 5th Branch Dental Spa Tips when you are building a building Dental Graphics Buying Bitcoin Putting Money in the Bank References: Bulletproof Mastermind  Bulletproof Summit  Mighty Networks: Bulletproof Dental Practice  

Buletproof Dental Practice Episode 313 Hosts: Dr. Peter Boulden & Dr. Craig Spodak Guests: Dr. Trey Tippit & Dr. Dwight Peccora   KEY TAKEAWAYS: ·          Craig's interest in social media content and dental discussions ·          Questioning the purchase of 7% of a dental practice for $500,000 ·          Examination of the math behind company valuation ·          Discussion on dentists' retirement savings and early retirement ·          Trey's questions about investment returns and the value of a $500,000 practice ·          Comparison of fractional ownership and traditional practice buying ·          Identifying risks and success markers in practice ownership ·          Evaluation criteria for dental practice investments: yield, appreciation, downside protection, and tax efficiency ·          Craig's 10yearold dental practice undergoing interior remodeling ·          Initial low yield expectations for the investment ·          Projected appreciation in the second and third

Bulletproof Dental Practice Podcast Episode 312 Hosts: Dr. Peter Boulden  and Dr. Craig Spodak Guests: Jeff Hopeck KEY TAKEAWAYS: Introduction Introduction: How to Become Bulletproof The OPM Hack and Sophisticated Hacking Existing Problems and Vulnerabilities Rise of Human Hacking and Exploitation Social Hacking and Target Exploitation Protecting Investments and Expanding Practical Advice for Protection Web Scraping and Dark Web Taking Action and Seeking Cybersecurity Establishing Cyber Baseline Transparency and Cybersecurity Cybersecurity Concerns and CEO Worries Facing Competitive Challenges Micro-Awareness and Key Insights Safety Measures and Human Hacking Story Conclusion: Creating Awareness References: Bulletproof Mastermind  Bulletproof Summit Mighty Networks: Bulletproof Dental Practice

Bulletproof Dental Practice Podcast Episode 311 Hosts: Dr. Peter Boulden & Dr. Craig Spodak Guests: Dr. Trey Tippit  KEY TAKEAWAYS:  Introduction Emphasis on content that resonates with audiences over a perfectly crafted message. Recognition that well-executed videos can achieve wider reach and engagement than ideal messages. Insight into the key elements that contribute to impactful videos, such as choreography and meaningful content. Discussion on the rapid onset of burnout and its underlying causes. Identifying the significance of mentorship, challenge, and personal fulfillment in preventing burnout. Addressing the importance of progress and setting goals for career satisfaction. Highlighting the value of personal development and planning in achieving fulfillment. Recognizing the value of self-awareness in finding purpose and fulfillment. Addressing office drama and advocating for open communication and constructive criticism. Defining the negative impact of office gossip and its role in creating probl

Bulletproof Dental Practice Podcast Episode 310 Hosts: Dr. Peter Boulden  and Dr. Craig Spodak Guests: Randy Smith Key Takeaways:  ● Energy and Impact of Events: The episode begins by emphasizing the significance of energy in driving the world and events. The hosts share their experience at a dental conference organized by Randy, highlighting the unexpectedly engaging atmosphere and the effectiveness of Randy's event management skills.   ● Randy's Insights for Financial Independence: Randy imparts his top 20 tips for achieving financial independence, reflecting his lifelong dedication to learning. These insights garnered substantial interest and led to valuable feedback from attendees.   ● Building Networks in Independent Business: The podcast underscores the challenge of operating as independent business professionals and stresses the importance of collaboration and networking within the industry.   ● Mastermind Group Power: The hosts discuss the transformative power of mastermind groups, where collective

Bulletproof Dental Practice Podcast Episode 309 Hosts: Dr. Peter Boulden  Guests: Chris Ronzio Key Takeaways:  Introduction of Chris Ronzo: Founder of Triennial, author of "The Business Playbook" and "100 Hacks to Improve Your Business," and host of the podcast "Organizing Chaos” The Genesis of Bulletproof Dental: Chris Ronzo discusses the inception of the idea to adapt the IP from Bulletproof for dentistry, highlighting the challenges of maintaining and financing software Industry Agnostic Approach: Chris shares his industry-agnostic approach to developing processes, procedures, playbooks, and business strategies, drawing from his diverse business experiences Chris's Background: Chris delves into his entrepreneurial journey, including his start in the video production industry and his successful transition to Trainual Game-Changing in Dentistry: Chris discusses being ahead of the curve with configurable software and his motivation to create a training software platform Trainable Software: Exploring the soft

Bulletproof Dental Practice Podcast Episode 308 Hosts: Dr. Peter Boulden & Dr. Craig Spodak Guests: Dr. Trey Tippit & Dr. Dwight Peccora Key Takeaways:  Business owners and leaders should set a clear vision for their teams to follow Investing in team development should not be feared, as it leads to better outcomes Differentiation strategies for dental practices - using Google Analytics, Google Tag Manager, and Google Search Console Understanding analytics and data migration is crucial for business success Personal runway and transparency in business negotiations The power of the multiple model EBITDA and its importance in dentistry Private equity's focus on cash flow and value impact Due diligence is crucial when buying a dental practice, focusing on patient numbers, tax returns, and economies of scale The significance of cash flow statements for tracking expenses and trends Leverage is a key factor in generating wealth, and financing depreciating assets should be considered car

Bulletproof Dental Practice Podcast Episode 307 Hosts: Dr. Craig Spodak Guest: Dr. Kyle Stanley Key Takeaways:  ·         Dr. Kyle Stanley’s journey from start-up to redbook and his introduction to the show. ·         The significance of trust in patient-dentist relationships and the power of effective case presentations. ·         The challenges of full-time dentistry ·         The importance of finding purpose outside of the dental profession ·         Dentistry as an ingrained identity, not suitable for everyone ·         The importance of setting true expectations for mental wellness in dentistry ·         The concept of the ‘triangle of blame” in dentistry and the need for mental resilience in dental schools ·         Dr. Kyle Stanley’s personal growth and mental health experiences ·         The power of emotional response and vulnerability in helping others ·         Ways to get involved with Lightside Dentistry and the Bulletproof Summit, including bringing your team to the summit References:

Bulletproof Dental Practice Podcast Episode 306 Hosts: Dr. Peter Boulden & Dr. Craig Spodak Guests: Dr. Trey Tippit & Dr. Dwight Peccora Key Takeaways: Pete’s biggest business failures & how he got started Reviewing and actual LOI DPO vs DDO, partnership How to get to enterprise value Common equity, rollover quality, and preferred equity Top-line revenue is the most important component Private equity vs public equity Capital gains as a side hustle Ultimate KPI for financial freedom Evaluating multiple buy-ins Problem with non-competes Real estate and lease renegotiations Understanding tax implications of cash flow vs capital gains Retail business coasting or dying? Money as an existential problem Transition between first half and second half of life Pitfalls of affiliate marketing Importance of purpose Bulletproof Summit in Las Vegas August 11-12 References: Bulletproof Mastermind Bulletproof Summit  Mighty Networks: Bulletproof Dental Practice Tweetable:  Bites of apples only happen when said