Bulletproof Dental Practice Podcast Episode 16
Host: Dr. Peter Boulden / Atlanta Dental Spa
Guest: Matthew Lewis
Key Takeaways:
- Corporate often invites dental students to join them although it feels that they only present ideal scenario most of the time.
- Deciding to sell to the corporate model is a tough decision to make.
- Corporate dentistry can compete on pricing but not on relationship factor.
- Dental students should keep their options open whether they'll go corporate or pursue a private practice.
- Corporate dentistry can help dental students get a job and learn practical dental skills.
- Huge dental debts encourage students to go corporate after graduation.
- The more in-debt you are after graduation, the fewer choices you have.
- Fewer students now want to start their own practice after graduation.
- Corporate offers $500-a-day baseline pay to dental students.
- Dental associates who are willing to hustle their pay after six months are good for a practice because it means they are interested to be in a win-win situation.
- When selecting where to practice after graduation consider market saturation. Don't just go with the herd.
- When looking for a CPA, look for someone who can give you personalized attention, especially if you are running your own business.
- For contract reviews, you only need the simple services of an attorney.
- When looking for people to work with - like a CPA or an attorney - look for someone who you are comfortable working with. Interview if necessary and ask for recommendations.
- Corporate dentistry will make sure you work hard for the money they pay you.
- Be awesome in something that you are passionate about. Don't force yourself to do something you do not like.
- Try different procedures first in order to find something you love. You may like a procedure that you hated during school.
Tweetables:
- Force yourself to back out and look at the big picture.
- Keep an open mind at the things coming at you. Open mind is key.
- Attitude is everything.