Bulletproof Dental Practice Podcast Episode 304
Hosts: Dr. Peter Boulden & Dr. Craig Spodak
Guest: Dr. Trey Tippit
Key Takeaways:
Summit Update:
Current Events:
Half-Year Audit (July):
Introduction to Fednow
Bitcoin Insights:
4th of July message from Peter
References:
Mighty Networks: Bulletproof Dental Practice
Tweetable:
The father-son relationship, or father-daughter relationship, the mentor that you have, and a parent of any sort is nothing more than a relationship. But if you don’t have it you also have friends that you can choose, you can create. Surround yourself with people that are going to give you those relationships and then foster those relationships. - Dr. Trey Tippit
Bulletproof Dental Practice Podcast Episode 303
Hosts: Dr. Peter Boulden & Dr. Craig Spodak
Guests: Dr. Trey Tippit & Dr. Dwight Peccora
Key Takeaways:
● Strategies to become a person of value and develop resilience
● Recognition of the top three hygienists in the country
● Learning easy tricks for dental hygienists to improve efficiency
● Resumption of student loan payments starting in September
● Dentistry's current focus on the psychological aspect of patient care
● Addressing the hygiene crisis within the dental industry
● Shift in favor of employees in the job market
● High-risk status of 7.8 million federal borrowers potentially missing loan payments
● Search results for dental hygienists
● Engagement in a vaccine debate on Twitter involving Dr. Rogan
● Cultural aspects surrounding the vaccine debate
● Raising awareness about mental health issues in society
● Importance of fostering intellectual debate and the recent decline in trust
● Recognizing the significance of understanding the middle-core perspective
● Challenging the difficulty of changing someone's beliefs
● Acknowledging Rob Dyrdek as a successful and savvy entrepreneur
● Insights shared in "The First Million" podcast
● Emphasizing the value of time management and balance
● Life optimization principles discussed by Rob Dyrdek
● Reflections on Father's Day and the importance of having visions and goals
● Exploring the entrepreneurial dimension within dentistry
● Examining societal narratives around work and finding meaning
● Strategies for increasing personal value and worth
● Reevaluation of the perception of work as cruel
● Recognizing the positive aspects of work and its role in personal fulfillment
● Addressing burnout prevention in the dental profession
● Hiring an implementer for effective practice management
● Strategies for implementing new ideas and initiatives
● Delegation as a crucial aspect of successful business operations
● Cultivating fulfillment and purpose at work
● Importance of regular and productive meetings
● Establishing accountability and fostering a responsible team
● Understanding the impact of lateral pressure in organizational dynamics
● Weekly leadership team meetings to drive progress
● Significance of goal-setting and tracking progress
● Key considerations when building the annual plan
● Embracing the evolution of the company and decision-making processes
● Creating a more resilient business by reducing personal involvement
● Applying leadership principles from "The Five Levels of Leadership" by Maxwell
● Developing successors for high-value tasks and responsibilities
● Setting a clear vision and guiding the team towards success
● Dual aspects of leadership: personal growth and empowering others
● Overcoming challenges through taking calculated risks
● Expanding the application of AI in the dental field
● Exploring joint ventures in dentistry in Texas
● Streamlining email management through the use of plugins in Gmail
● Enhancing efficiency by leveraging plugins for email copying and pasting
● Optimizing processes for improved speed and quality
● Auto-reply systems for efficient email and text communication
● Implementing process streamlining techniques
● Applying the Six Sigma approach to dentistry for enhanced quality
● Utilizing dental technology to support the Six Sigma methodology
● Delegating tasks to team members for improved productivity
● Introducing a new automation system for cost-effective ordering and inventory management
● Announcement of the upcoming mastermind or class, "Bulletproof GPT”
References:
Mighty Networks: Bulletproof Dental Practice
Tweetable:
Be a person of value, I think there’s an over-obsession with an intrinsic ‘look at yourself, like ‘How can I be fulfilled?’, ‘How can I be happy?’. And when you look inside for fulfillment or happiness, you’re going to ruin the possibility of achieving it. So, it is how you become more valuable like you get what you want in life by helping other people get what they want. – Dr. Craig Spodak
Bulletproof Dental Practice Podcast Episode 302
Host: Dr. Peter Boulden & Dr. Craig Spodak
Guest: Amol Nirgudkar
Key Takeaways:
Teaching AI how to understand dentistry
The problem is not marketing, it’s scheduling
Leveraging micrometrics
How DSOs compare to private dentists
The problem with metrics
Authenticity is what we’re selling
References:
Mighty Networks: Bulletproof Dental Practice
Tweetable:
Selling, if you’re moving the patients to better health by all means you can call me a salesperson because I’m changing somebody’s life. That’s okay! Sometimes the word sales are almost prohibited in healthcare. But we’re not selling, we really are moving the patients forward and their journey to betterhealth.-Amol Nirgudkar
Bulletproof Dental Practice Podcast Episode 301
Host: Dr. Peter Boulden & Dr. Craig Spodak
Guests: Dr. Trey Tippit & Dr. Dwight Peccora
Key Takeaways:
Developing a Dental Practice
Key Considerations for Establishing a Dental Practice
Establishing an In-House Dental Lab
Investing in a Cutting-edge Dental Lab
Recruitment of Skilled Ceramists and Designers for Dental Labs
Effective Marketing Strategy
Addressing Challenges with Automated Review Processes
Optimizing Vertical Integration to Enhance Efficiency
Renowned Speakers at the Bulletproof Summit 2023
References:
Mighty Networks: Bulletproof Dental Practice
Tweetables:
There are a lot of ways to grow, and it is not always bigger, better, faster. It’s not always revenue and it is not always profit, there are more other ways to grow. – Dr. Trey Tippit
Bulletproof Dental Practice Podcast Episode 300
Host: Dr. Peter Boulden & Dr. Craig Spodak
Guests: Dr. Trey Tippit & Dr. Dwight Peccora
Key Takeaways:
References:
Mighty Networks: Bulletproof Dental Practice
Tweetables:
Sometimes you can learn from studying other companies. -Dr. Peter Boulden
Bulletproof Dental Practice Podcast Episode 299
Host: Dr. Peter Boulden & Dr. Craig Spodak
Guests: Dr. Trey Tippit & Dr. Dwight Peccora
Key Takeaways:
Dental Economics
65% of dentist report the RISING OVERHEAD is their biggest challenge right now
90% surveyed believe that there is a "shortage of dental professionals"
70% of offices did better in 2022 than in 2021 but only 5% reported increase was better than 25%.
Recessionary Strategy
Increase / Focus on hygiene patients
Negotiation strategies for supplies/labs
Aspen Dental "Cyberhack"
2023 Bulletproof Summit
References:
Mighty Networks: Bulletproof Dental Practice
From Strength to Strength: Finding Success, Happiness, and Deep Purpose in the Second Half of Life
Tweetables:
Pay attention to your P&L percentages. - Dr. Craig Spodak
Have a good sword and a good shield. - Dr. Craig Spodak
The money is in the chair. - Dr. Trey Tippit
The sustainability of a dental practice relies on the hygiene program. -Dr. Trey Tippit
A good reappointment feeds the pre-appointment. -Dr. Trey Tippit
If you’re that great you have to create awareness and scale to your community. -Dr. Peter Boulden
Bulletproof Dental Practice Podcast Episode 298
Host: Dr. Peter Boulden & Dr. Craig Spodak
Guests: Dr. Trey Tippit & Dr. Dwight Peccora
Key Takeaways:
Introduction
Most effective marketing for your practice
Branding vs Educational vs. Storytelling
Using Google Alerts for competition + reputational awareness
AI advancements to demonstrate
Macro: "Crypto is dead"
Tweet on SS running out in 2033 - NO ONE WILL SAVE YOU
References:
Mighty Networks: Bulletproof Dental Practice
Tweetables:
People would watch a video if they’re actually fun to watch. -Dr. Trey Tippit
Different platforms speak different languages. -Dr. Dwight Pecorra
If you’re thinking of working somewhere, work in a financially stable institution. -Dr. Craig Spodak
Bulletproof Dental Practice Podcast Episode 297
Hosts: Dr. Peter Boulden & Dr. Craig Spodak
Key Takeaways:
Introduction
Preparing for AACD
Compensation drives behavior and success
The importance of AACD and its benefits
Fine tuning the patient experience
The power of freedom of direction
The patient experience timeline
Making assumptions about your patients
The tech stack
Take good care of your team
Creating meaning, not just money
The five KPIs that move the needle in a practice
Vegas is whatever you want it to be!
Don’t make excuses for your evolution
References:
Mighty Networks: Bulletproof Dental Practice
Tweetables:
Compensation drives behavior. - Dr. Craig Spodak
Don’t make yourself the hero; we’re the guide. - Dr. Craig Spodak
Choose to see what’s coming or choose to be irrelevant. - Dr. Craig Spodak
Take care of your team and they will take care of your business. - Dr. Craig Spodak
If you don’t care about them they’re not going to care about you or the business. - Dr. Craig Spodak
Don’t feel inauthentic if you evolve. - Dr. Craig Spodak
Our evolution makes people feel uncomfortable. - Dr. Craig Spodak
Bulletproof Dental Practice Podcast Episode 296
Hosts: Dr. Peter Boulden & Dr. Craig Spodak
Guests: Dr. Mark Costes
Key Takeaways:
Introduction
Advice For Varied Audiences
Planning And Strategies For A Group
Challenges In Scaling A Small Group
Outlook Of Dentistry
Reason Behind Consolidation
References:
Peter and Craig join Dr. Mark Costes on The Dentalpreneur Podcast
Mighty Networks: Bulletproof Dental Practice
Tweetables:
We spend a decade trying to fix something that was never really wrong in the first place. -Dr. Craig Spodak
We are problem-solvers. - Dr. Mark Costes
Traveling upstream requires work. -Dr. Craig Spodak
In life, what we need are micro-corrections. -Dr. Craig Spodak
Failure and success could be a couple of microns. -Dr. Craig Spodak
We make more each year but we spend more. -Dr. Craig Spodak
Everybody that has an audience has a responsibility to do. - Dr. Mark Costes
Bulletproof Dental Practice Podcast Episode 295
Hosts: Dr. Peter Boulden & Dr. Craig Spodak
Guest: Dr. Dwight Peccora and Dr. Trey Tippit
Key Takeaways:
Introduction
Takeaway From Marcus
Independent Dentist Versus Consolidation Status
Sell Or Not To Sell
Investor Pressure
Not Being Paralyzed By Interest Rates
Acquisition: Look At Production Not Collection
Marketing And Phone Conversion
Teaser For Next Podcast
Invest In Your Team
References:
Bulletproof Mastermind
Bulletproof Summit
Mighty Networks: Bulletproof Dental Practice
Bulletproof ERC
Tweetables:
There is very few business training out there. Dr. Craig Spodak
Diversify to maintain growth. Dr. Dwight Peccora
Banks love to give you money when you don’t need it. Dr. Craig Spodak
People are looking for care NOW! Dr. Dwight Peccora
You have to be the person who steps ahead. Dr. Craig Spodak
Bulletproof Dental Practice Podcast Episode 294
Hosts: Dr. Peter Boulden & Dr. Craig Spodak
Guest: Randy Smith
Key Takeaways:
Introduction
Thoughts On Regional Banks
TikTok Legislation
Actionable Item To Move Out Of Regional Banks
Interest Rates
Private Equity
Take Time Aside
Low Cost Way To Stop Attrition
References:
Bulletproof Summit
Bulletproof Mastermind
Mighty Networks: Bulletproof Dental Practice
Bulletproof ERC
To Sell or NOT to Sell PLUS Mastermind Ski Retreat Recap
What Got You Here Won't Get You There: How Successful People Become Even More Successful
Warrior Sailing
Tweetables:
People, in the face of uncertainty, need a process. -Dr. Craig Spodak
Recessions happen when people stop spending money. - Randy Smith
Don’t look at anything with your face on the paper. - Randy Smith
Look at everything from a macro view. - Randy Smith
There comes a time when it’s the right time. -Randy Smith
It doesn’t help that you’re really on people. -Dr. Craig Spodak
Most deals don’t close. -Randy Smith
So many people operate by gut. -Dr. Peter Boulden
Bulletproof Dental Practice Podcast Episode 293
Hosts: Dr. Peter Boulden & Dr. Craig Spodak
Guest: Dr. Derek Giddon
Key Takeaways:
Introduction
Origin Of Airpay
Understanding Airpay
Benefits And Pricing Of Airpay
References:
Bulletproof Mastermind
Bulletproof Summit
Mighty Networks: Bulletproof Dental Practice
Bulletproof ERC
Airpay
BP-Airpay
Tweetables:
I didn’t leave practice until I saw what I was doing was working. Dr. Derek Giddon
Human capital is the worst possible use of time. Dr. Craig Spodak
Bulletproof Dental Practice Podcast Episode 292
Hosts: Dr. Peter Boulden & Dr. Craig Spodak
Guest: Dr. Paul Goodman
Key Takeaways:
Introduction
Bullet Proof Summit
Revenue And EBITDA
Bullet Proof Pathway
10x Money Back Guarantee
Advice To Dentists
References:
Bulletproof Mastermind
Bulletproof Summit
Mighty Networks: Bulletproof Dental Practice
Bulletproof ERC
Dental Nachos
The Bulletproof Practice
Tweetables:
Knowledge isn't power, it’s the execution that’s power. Dr. Craig Spodak
People don’t live inside your head. Dr. Paul Goodman
It’s really important to get away from your practice to work on your practice. Dr. Paul Goodman
Dentistry can be whatever you want it to be. Dr. Craig Spodak
Life’s ultimate bottom line is your happiness. Dr. Craig Spodak
There’s power in proximity. Dr. Peter Boulden
Bulletproof Dental Practice Podcast Episode 291
Hosts: Dr. Peter Boulden & Dr. Craig Spodak
Guest: Dr. Trey Tippit
Key Takeaways:
Introduction
Economic Status And Predictions
Revenue Per Employee Or EBITDA Per Employee
Lean And Mean With Your Dental Practice
What’s Your Percentage?
References:
Bulletproof Mastermind
Bulletproof Summit
Mighty Networks: Bulletproof Dental Practice
Bulletproof ERC
To Sell or NOT to Sell PLUS Mastermind Ski Retreat Recap
Tweetables:
Banking is just a confidence game. Dr. Peter Boulden
I would rather be clunky than lost. Dr. Peter Boulden
Look at assets instead of just cash. Dr. Craig Spodak
Stick with what you know works. Dr. Trey Tippit
Look for the sustainable number. Dr. Peter Boulden
Refine your system or tap out. Dr. Craig Spodak
In this time of uncertainty always use data as a point of reference. Dr. Peter Boulden
Be self-aware and know what you are heading out to. Dr. Craig Spodak
If your business has holes in it, take inventory. Dr. Craig Spodak
Culture is small little interactions among people. Dr. Trey Tippit
It’s hard to fake culture. Dr. Craig Spodak
Bulletproof Dental Practice Podcast Episode 290
Host: Dr. Peter Boulden
Guest: Randy Smith
Key Takeaways:
Introduction
Updating Financial Statement
Habit of Saving
CPA Vs. Tax Advisors
Educate Yourself On Your Taxes
Mistakes Made
References:
Bulletproof Summit
Bulletproof Mastermind
Mighty Networks: Bulletproof Dental Practice
Bulletproof ERC
The Law of Success In Sixteen Lessons
Tweetables:
Some people don’t take time to educate themselves. -Randy Smith
Relationships matter. -Randy Smith
Bulletproof Dental Practice Podcast Episode 289
Hosts: Dr. Peter Boulden & Dr. Craig Spodak
Key Takeaways:
Introduction
Feedback On To Sell Or Not To Sell Podcast
Maximizing Your Time And Practice
Growing Your Business Beyond Your Practice
Fee For Service Block
Tax
AI
Google Trends (Trending Searches)
Freedom Of Direction
References:
Mighty Networks: Bulletproof Dental Practice
Tweetables:
Dentistry is so neat, in that whatever you want to do, you can drive towards that. Dr. Peter Boulden
If you’re not great you’ll never be able to grow your own practice to support yourself. Dr. Craig Spodak
PPO practices are like weeds; they grow without any fertilizer. Dr. Craig Spodak
Bulletproof Dental Practice Podcast Episode 288
Host: Dr. Peter Boulden
Guest: Dr. Trey Miller
Key Takeaways:
Introduction
Private Practice Associateship To Start Up
Hurdles Encountered
Management
Refining And Simplifying Processes
Big Plan For Dentistry/Career
The Team You’re Deciding To Play With
Advice
References:
Bulletproof Mastermind
Bulletproof Summit
Mighty Networks: Bulletproof Dental Practice
Bulletproof ERC
Tweetables:
Inefficient processes amplify exponentially with scale. Dr. Trey Miller
Simple is easy. Dr. Trey Miller
Bulletproof Dental Practice Podcast Episode 287
Host: Dr. Peter Boulden
Guests: Dr. Trey Tippit & Dr. Dwight Peccora
Key Takeaways:
Introduction
Is Technology Disrupting Or Advancing The Practice
Selling Vs. Not Selling Your Practice
Pros and Cons Of Selling
Pros and Cons Of Not Selling
References:
Bulletproof Mastermind
Bulletproof Summit
Mighty Networks: Bulletproof Dental Practice
Bulletproof ERC
Big Ideas 2023
Tweetables:
Fulfillment requires purpose. -Dr. Dwight Peccora
Bulletproof Dental Practice Podcast Episode 286
Hosts: Dr. Peter Boulden & Dr. Craig Spodak
Guest: Dr. Paul Goodman
Key Takeaways:
Introduction
Journey To Being A Dentist
Reason For Being A successful Dentist
The 3 Ps Of Business
Bait And Switch
3 Ds That Are Destroying Dentist’s Lives
Fear Of Practice-Purchasing Journey
References:
Bulletproof Mastermind
Bulletproof Summit
Mighty Networks: Bulletproof Dental Practice
Bulletproof ERC
Good to Great: Why Some Companies Make the Leap and Others Don't
Delivering Happiness
How to speak By Patrick Winston
The World Needs More Purple People
Dental Nachos
Text LINC to 2155436454
Dentist Job Connect
Tweetables:
Doing something wrong for 20 years does not mean the correct experience. Dr. Peter Boulden
When you get nervous you default. Dr. Peter Boulden
Business is innovation, adding value, and marketing. Dr. Craig Spodak
Many of our doctors would be better off if they worked for somebody. Dr. Craig Spodak
If you’ve chosen to be a business owner, be a good one or don’t be one. Dr. Craig Spodak
It’s the most beautiful profession in the world. Dr. Peter Boulden
Bulletproof Dental Practice Podcast Episode 285
Hosts: Dr. Peter Boulden & Dr. Craig Spodak
Guests: Dr. Trey Tippit & Dr. Dwight Peccora
Key Takeaways:
Introduction
Political Impact Of 2023 As It Relates To Dentistry
New Tech Influence In Dentistry
Consolidation Influence And The Future Of DSOs
Hiring
Patient Trend And Desires
References:
Bulletproof Mastermind
Bulletproof Summit
Mighty Networks: Bulletproof Dental Practice
Bulletproof ERC
Tweetables:
If you don’t have a strategy you’re going to fall victim to whatever comes along. -Dr. Peter Boulden
Bulletproof Dental Practice Podcast Episode 284
Hosts: Dr. Peter Boulden & Dr. Craig Spodak
Guests: Dr. Trey Tippit & Dr. Dwight Peccora
Key Takeaways:
Introduction
Biggest Winners And Biggest Losers In The Dental Industry
Thoughts On Recession In The Industry
References:
Bulletproof Mastermind
Bulletproof Summit
Mighty Networks: Bulletproof Dental Practice
Bulletproof ERC
Tweetables:
Usually when the masses say something will happen usually the contrary happens. Dr. Peter Boulden
Bulletproof Dental Practice Podcast Episode 283
Hosts: Dr. Peter Boulden & Dr. Craig Spodak
Guest: Dr. Trey Tippit
Key Takeaways:
Introduction
Spending Anticipation For Full PPO
Marketing Direction
Do Something You Know How To Control First
References:
Bulletproof Mastermind
Bulletproof Summit
Mighty Networks: Bulletproof Dental Practice
Bulletproof ERC
99 Designs
Design Pickle
Traction: Get a Grip on Your Business
How The Mighty Fall: And Why Some Companies Never Give In
After Steve: How Apple Became a Trillion-Dollar Company and Lost Its Soul
How to Invest: Masters on the Craft
Atlas Shrugged
Onassis: An Extravagant Life
Tweetables:
We all have different ways we market. -Dr. Trey Tippit
The problem with paid ads is your competing with momentary attention. -Dr. Peter Boulden
The easy button never yields long-standing results. -Dr. Peter Boulden
Soft times make soft people. -Dr. Craig Spodak
Have accountable people to cover your weaknesses. -Dr. Craig Spodak
More for the sake is more is not good. -Dr. Trey Tippit
Fix the things that you know you’re bad at. -Dr. Peter Boulden
We all value a business that runs without us. -Dr. Craig Spodak
Bulletproof Dental Practice Podcast Episode 281
Host: Dr. Craig Spodak
Guest: Dr. Paul Etchison
Key Takeaways:
Introduction
Considering Growth And Expansion Of Your Practice
Pivoting In Your Practice
2 Innate Fears
References:
Bulletproof Mastermind
Bulletproof Summit
Mighty Networks: Bulletproof Dental Practice
Bulletproof ERC
From Strength to Strength: Finding Success, Happiness, and Deep Purpose in the Second Half of Life
The Space Within: Finding Your Way Back Home
Dental Practice Heroes
Tweetables:
People have a tendency to feel what you believe. Dr. Craig Spodak
Dentistry is more recession-proof than other sectors. Dr. Craig Spodak
Stressed-out people are not themselves. Dr. Craig Spodak
Stop tracking what you earn and do a proper net worth analysis. Dr. Craig Spodak
Not all people know their numbers. Dr. Craig Spodak
Some people have very toxic relationships with money. Dr. Craig Spodak
Money just fixes money problems. Dr. Craig Spodak
The suffering is part of it. Dr. Paul Etchison
Bulletproof Dental Practice Podcast Episode 280
Hosts: Dr. Peter Boulden & Dr. Craig Spodak
Guest: Teresa Duncan
Key Takeaways:
Introduction
Helping People With Obscure Goals
3 Stats You Need To Look At To Know You’re Ready To Go Out Of Network
Dentistry 2023-2024
MLR
Behind The Scenes Of Dentistry
Self-Insured Vs. Fully-Insured
Economic Relationship Between Dental Insurance Companies And The ADA
References:
Bulletproof Mastermind
Bulletproof Summit
Mighty Networks: Bulletproof Dental Practice
Bulletproof ERC
Who Moved My Cheese?
Odyssey Management, Inc.
Tweetables:
No one is going to be immune with the disruption. Dr. Peter Boulden
You have to choose your state. Dr. Craig Spodak
More doctors are getting into networks than ever before. Teresa Duncan