Sinopsis
Helping you grow your practice through two pillars of success: Systems and Marketing - with Dr. Peter Boulden
Episodios
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Leadership, Balance & Fulfillment with Debra Nash
09/10/2024 Duración: 01h07minThe Bulletproof Dental Podcast Episode 371 TITLE: Leadership, Balance & Fulfillment with Debra Nash HOSTS: Dr. Peter Boulden and Dr. Craig Spodak GUEST: Debra Engelhardt-Nash DESCRIPTION: In this engaging conversation, Debra Engelhardt-Nash shares her extensive experience in the dental field, discussing the importance of disaster preparedness, team training, and creating a positive patient experience. The discussion highlights the significance of leadership, communication, and balancing PPO and fee-for-service practices. Dr. Nash emphasizes the need for a supportive community and the role of masterminds in overcoming challenges in dentistry. The conversation concludes with insights on finding fulfillment in one's dental career and maintaining a positive attitude. TAKEAWAYS: Debra Engelhardt-Nash is a well-respected figure in dentistry. Disaster preparedness is crucial for dental practices. Having specialized dental advisors can lead to significant savings. Creating a positive team culture enhances the pa
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Protecting Yourself (as a dentist), Goal setting, decision fatigue, PolyMarket
02/10/2024 Duración: 48minThe Bulletproof Dental Podcast Episode 370 HOSTS: Dr. Peter Boulden and Dr. Craig Spodak DESCRIPTION In this engaging conversation, Dr. Peter and Dr. Craig explore a variety of topics ranging from Bitcoin investments to the impact of interest rates on the dental industry. They discuss the correlation between Bitcoin and market liquidity, the evolution of investment knowledge, and the importance of planning for future needs. The conversation also delves into the significance of consistency in learning, decision fatigue, and the role of leadership in decision-making. Ultimately, they emphasize the value of community and collaboration in achieving personal and professional growth. TAKEAWAYS Bitcoin investments can be a rollercoaster ride of emotions. Interest rates significantly impact the dental industry. Stability in investments becomes more important as one ages. Understanding alternative investments can open new opportunities. Planning for future needs is crucial for success. Mastermind groups
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[Bulletproof Health] Slay The Stress Dragon - Episode #3
27/09/2024 Duración: 01h02minThe Bulletproof Dental Podcast Episode 369 HOSTS: Dr. Peter Boulden, Dr. Craig Spodak and Dr. Uche Odiatu DESCRIPTION In this conversation, the speakers delve into the pervasive issue of stress in the dental profession, exploring its origins, impacts, and management strategies. They discuss the evolutionary background of stress responses, the physiological effects of stress, and practical solutions such as breathing techniques, nutrition, and movement. The importance of mindfulness and community support is emphasized as essential components for managing stress effectively in the high-pressure environment of dentistry. TAKEAWAYS Stress is a significant issue in dentistry, affecting mental health and practice. Understanding the evolutionary perspective on stress can help in managing it. Identifying symptoms of stress early is crucial for effective management. Breathing techniques can significantly reduce stress levels. Nutrition plays a vital role in managing stress and overall health. Regular movem
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How To Get Ahead of 99% of Dentists
25/09/2024 Duración: 01h09minThe Bulletproof Dental Podcast Episode 368 HOST: Dr. Peter Boulden GUEST: Dr. Trey Tippit DESCRIPTION In this episode, Peter and Trey share strategies for dentists to thrive in a competitive market. They discuss the importance of presence, training, and continuous growth, emphasizing the need to decentralize operations and enhance patient experience. Key topics include handling criticism, the value of having A-players on your team, and the distinction between leads and service quality. They explore themes such as financial success, game theory in business, setting goals, and fostering a positive culture. The conversation highlights the significance of appreciation, clarity, continuous learning, healthy competition, and knowledge sharing. Tune in to discover how mindset and collaboration drive success! TAKEAWAYS Building a strong presence is crucial for success. Training is a key component in differentiating oneself. Decentralizing operations can mitigate risks in practice management. Planning for future
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Program Yourself to Win, Real Estate Rizz
18/09/2024 Duración: 51minThe Bulletproof Dental Podcast Episode 367 HOSTS: Dr. Peter Boulden & Dr. Craig Spodak DESCRIPTION In this conversation, Peter and Craig discuss the importance of challenging limiting beliefs and the power of mindset in achieving success. They talk about the impact of social media on self-beliefs and the need to be aware of the tapes playing in our heads. They also discuss the concept of mental rehearsal and how it can help in achieving goals. The conversation highlights the importance of having a compelling why and being clear about what you want in order to achieve success. They also touch on the regrets of the dying and the need to live a life true to oneself. In this conversation, Craig and Peter discuss the importance of clarity and writing down goals. They reflect on the impact of the book 'The Secret' and the power of manifesting through writing. They also share their experiences with leadership and the need to get out of the way to allow others to thrive. The conversation touches on the value of b
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Is Now the Time to GROW Your Practice (Financing)?
11/09/2024 Duración: 42minThe Bulletproof Dental Podcast Episode 366 HOSTS: Dr. Peter Boulden & Dr. Craig Spodak GUEST: Chandler Wrightenberry DESCRIPTION In this conversation, Peter, Craig, and Chandler discuss various topics related to interest rates, investing, and borrowing money. They touch on the Federal Reserve's recent meeting, the impact of interest rate changes on borrowing costs, and the current state of the labor market. The conversation highlights the importance of data-driven decision-making and the potential benefits of owning commercial real estate as a dentist. Chandler from Live Oak Bank joins the conversation and shares statistics on the success rate of dental practice loans. They also discuss the average growth rate of practices after expanding or building a new facility. The conversation highlights the importance of education, self-awareness, and finding a supportive network in overcoming the fear of taking on financial risks. They also emphasize the value of building a strong relationship with a lender who u
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[Bulletproof Health] Essential Nutrition for Busy Dentists - Episode #2
06/09/2024 Duración: 01h29minThe Bulletproof Dental Podcast Episode 365 HOSTS: Dr. Peter Boulden, Dr. Craig Spodak and Dr. Uche Odiatu DESCRIPTION In this episode, Peter, Craig, and Uche discuss the importance of nutrition for dentists and how to make healthier food choices. They touch on the benefits of intermittent fasting, the significance of genetic testing for cardiovascular and cognitive health, and the value of regular medical tests to assess overall health. The conversation also touches on the significance of the microbiome and the potential benefits of probiotics. They also talk about the role of hydration and the benefits of drinking enough water. Uche shares his lunch box essentials, including fruits, vegetables, and high-fiber protein bars. They also touch on the topic of detoxification and the impact of a healthy diet on body odor. The conversation concludes with a discussion on the importance of mitochondria and energy production. In this final part of the conversation, they discuss the importance of physical fitness as a s
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[Current Market] Looking Bright for Real Estate Investment with Randy Smith
04/09/2024 Duración: 33minThe Bulletproof Dental Podcast Episode 364 HOSTS: Dr. Peter Boulden & Dr. Craig Spodak GUEST: Randy Smith DESCRIPTION In this conversation, Craig and Peter interview their friend Randy Smith. They get into a discussion about real estate, with Randy sharing his expertise as a financial guru. Randy emphasizes the importance of owning real estate as an alternative investment and explains the benefits of investing in real estate. He also discusses the current state of the real estate market, including the impact of interest rates and the opportunities for value-add deals. The conversation concludes with a discussion about the upcoming Fed meetings and the potential for investment opportunities in real estate. TAKEAWAYS Real estate is an important alternative investment and offers various benefits, such as cash flow, inflation hedge, and wealth building. The current real estate market presents opportunities for value-add deals, especially with the potential decrease in interest rates. Investors should f
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Why Dentists Can’t Retire on Time - Creep [Fearsome Foursome]
28/08/2024 Duración: 01h08minThe Bulletproof Dental Podcast Episode 363 HOSTS: Dr. Peter Boulden & Dr. Craig Spodak GUEST: Dr. Dwight Peccora & Dr. Trey Tippit DESCRIPTION In this episode, the hosts discuss the concept of lifestyle creep and its impact on dentists' ability to retire. Overall, the episode emphasizes the need for dentists to be proactive in managing their finances and making smart financial decisions. The speakers emphasize the need to have a minimum size practice that covers expenses and allows for investment. The conversation also touches on the concept of FOMO (fear of missing out) and the negative impact it can have on financial decisions. The main themes include the importance of turning a practice into a self-sustaining business, the need for financial discipline and saving, the value of taking calculated risks and seeking mentorship, and the significance of surrounding oneself with a supportive team. The conversation also touches on the challenges of scaling a practice and the potential benefits of partne
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Genius Dental Marketing with Darren Shaw of Whitespark.ca
21/08/2024 Duración: 55minThe Bulletproof Dental Podcast Episode 362 HOSTS: Dr. Peter Boulden and Dr. Craig Spodak GUEST: Darren Shaw DESCRIPTION In this conversation, Peter and Darren discuss the importance of local SEO for dentists and how to optimize their Google Business Profile. They cover topics such as the impact of reviews on local rankings, the significance of keywords in the business name, the value of image and video optimization, and the benefits of using YouTube for video embedding. Darren emphasizes the importance of user engagement signals, such as time on site and pogo sticking, in influencing search rankings. He also discusses the significance of having a well-designed website with compelling copywriting and videos to keep visitors engaged. He highlights the value of optimizing GMB services and using Google Posts as a sales tool. Additionally, Darren recommends using Microsoft Clarity to track user behavior on websites and improve conversion rates. TAKEAWAYS Local SEO is crucial for dentists to improve their rankin
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The AI [Dental] Revolution - with Shreyas
14/08/2024 Duración: 59minThe Bulletproof Dental Podcast Episode 361 HOSTS: Dr. Peter Boulden, Dr. Craig Spodak GUEST: Shreyas Parab DESCRIPTION In this conversation, Peter and Craig interview Shreyas Parab, an AI specialist, about the applications of AI in dentistry. They discuss the potential for AI to increase efficiency in various areas, such as revenue cycle management, chart notes, and phone calls. They also explore the idea of using AI to interact with insurance companies. They explore the benefits of AI receptionists, automated insurance verification, and claims processing. They also discuss the concept of a decentralized DSO and the use of AI in improving operational efficiency. The conversation highlights the importance of leveraging technology to enhance the patient experience and alleviate the burden on dental teams. Overall, the conversation emphasizes the positive impact of AI in dentistry and the potential for growth and innovation in the field. TAKEAWAYS AI can be used to increase efficiency in various areas of
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Introducing Bulletproof Health with Dr. Uche Odiatu
09/08/2024 Duración: 01h43sThe Bulletproof Dental Podcast Episode 360 TITLE: Introducing Bulletproof Health with Dr. Uche Odiatu HOSTS: Dr. Peter Boulden, Dr. Craig Spodak and Dr. Uche Odiatu DESCRIPTION In this episode, Craig and Peter are joined by Dr. Uche Odiatu to discuss the importance of health and wellness in dentistry. They emphasize the need to prioritize health and fitness, as it is the foundation for success and longevity. The conversation covers various topics related to health and wellness, including the importance of eliminating junk food, the impact of coffee and alcohol on sleep quality, the concept of being your own pharmacy, the negative effects of exogenous substances on the body, the benefits of discipline and self-esteem, the role of cortisol in the body, the importance of prioritizing self-care as a dentist, and the significance of nutrition in overall health. TAKEAWAYS Health is the foundation for success and longevity in dentistry. Small, sustainable changes in lifestyle can have a significant impac
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The Multiple Ladder by Ish Rouf
07/08/2024 Duración: 01h11minThe Bulletproof Dental Podcast Episode 359 HOSTS: Dr. Peter Boulden, Dr. Craig Spodak GUEST: Ish Rouf DESCRIPTION In this conversation, Peter and Craig interview Ish Rouf, who is the C-suite of his wife's private DSO. Ish shares his approach to hiring and developing associates, as well as his perspective on valuing and selling a dental practice. In this part of the conversation, Craig and Ish discuss the importance of understanding the revenue makeup of a dental practice when evaluating it for purchase. They also discuss the importance of clear communication and alignment between dentists and associates when negotiating contracts and expectations. Additionally, they highlight the significance of having comprehensive standard operating procedures (SOPs) and scalable systems in place to ensure the smooth operation and growth of a dental practice. TAKEAWAYS Hiring associates based on their attitude, willingness to learn, and compatibility with the practice's values can lead to long-term success. Invest
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Craig & Pete Talk to @TheDSOGuy about orthodontic Startups, Marketing, and Offshore Hires
31/07/2024 Duración: 49minThe Bulletproof Dental Podcast Episode 358 HOSTS: Dr. Peter Boulden and Dr. Craig Spodak GUESTS: David Ensley DESCRIPTION In this conversation, Craig and Peter interview David Ensley, an orthodontist and part of a dental service organization (DSO). They discuss various topics including the use of Twitter for networking, the differences between GP and ortho startups, the importance of location and visibility for dental practices, the use of Google Ads and CRM for marketing, and the benefits of hiring offshore employees. David shares insights on in-house financing in orthodontics and the challenges of cash flow in the beginning. He also emphasizes the value of specialized roles and better talent that can be obtained through offshore hiring. David shares insights on managing remote teams, finding the right talent, and creating a pathway to ownership for dentists. TAKEAWAYS Orthodontic startups face challenges with cash flow in the beginning due to the longer treatment times and monthly payment plans. Location
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Focus on Your EBITDA - Interest Rates Falling - with Brannon Moncrief
24/07/2024 Duración: 44minThe Bulletproof Dental Podcast Episode 357 HOSTS: Dr. Peter Boulden and Dr. Craig Spodak GUESTS: Brannon Moncrief DESCRIPTION In this episode, Craig and Peter welcome guest Brannon Moncrief as they discuss the common misconception that more dental practice locations automatically lead to higher valuations and buyer demand. They emphasize the importance of building intentionally and scaling only when the first location is successful and profitable. They also highlight the significance of EBITDA as the ultimate key performance indicator (KPI) in dental practice operations and provide insights into what private equity buyers look for in terms of EBITDA percentages. The discussion also touches on the issue of fake EBITDA and the misconception that high personal income equates to a valuable business. TAKEAWAYS Building with intentionality and ensuring the success and profitability of each location before scaling is crucial. EBITDA is the ultimate KPI in dental practice operations and is significant in valuat
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50 YEARS OF WISDOM: Advice We'd Give Our Younger Dental School Selves
17/07/2024 Duración: 50minThe Bulletproof Dental Podcast Episode 356 HOSTS Dr. Peter Boulden and Dr. Craig Spodak DESCRIPTION In this conversation, Peter and Craig discuss the advice they would give to themselves as dental school students or new dentists. They emphasize the importance of taking care of oneself, including getting regular massages, maintaining core fitness, and having a concierge doctor for personalized healthcare. They also discuss the value of regular testing, such as the GRAIL test for detecting microscopic cancers and the MTHFR test for methylation issues. They touch on the importance of posture and mental fitness for dentists, the need for effective communication skills, the value of focusing on one's strengths rather than weaknesses, and the significance of leadership in dental practices. They also mention the upcoming Bulletproof Summit and the possibility of having a representative from the Ritz-Carlton speak about customer service. TAKEAWAYS Take care of yourself and prioritize self-care, including getting re
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Bringing a Knife to a Gunfight - Solo vs DSO (2024)
11/07/2024 Duración: 56minThe Bulletproof Dental Podcast Episode 355 HOSTS: Dr. Peter Boulden and Dr. Craig Spodak DESCRIPTION The conversation explores the advantages and disadvantages of DSOs (Dental Service Organizations) compared to solo dental practices. We’ll discuss the operational efficiencies of DSOs, including better lab fees, insurance negotiations, procurement of supplies, technology, and data utilization as well as highlight the importance of the patient experience and the potential for solo practices to excel in this area. The conversation delves into the challenges faced by solo practitioners, such as high team salaries and the pressure to compete with DSOs. Peter and Craig emphasize the need for private practice owners to adapt and innovate in order to stay competitive. They also discuss the impact of student debt on private practice ownership and the role of technology in improving dental practices. TAKEAWAYS DSOs have operational advantages in terms of lab fees, insurance negotiations, procuremen
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When Should I Expand?
26/06/2024 Duración: 51minThe Bulletproof Dental Podcast Episode 354 When Should I Expand? HOSTS: Dr. Peter Boulden GUESTS: Dr. Dwight Peccora and Dr. Trey Tippit DESCRIPTION Pete, Dwight, and Trey discuss the importance of understanding when it's the right time to expand and how to determine the right metrics to make that decision. We emphasize the need to consider factors like utilization rate, infrastructure, and cash flow when deciding to expand. We also explore the challenges of balancing work and personal life during the expansion process. TAKEAWAYS Understanding when to expand a dental practice is crucial for growth and success. Metrics like utilization rate, infrastructure, and cash flow can help determine the right time to expand. Balancing work and personal life during the expansion process is a challenge that requires open communication and support from family and team members. Having a clear vision and goals for the expansion can help guide decision-making and prioritize resources. Regularly trackin
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Summit Recap, Elastic Invisalign Pricing, You're The Bottleneck
20/06/2024 Duración: 35minThe Bulletproof Dental Podcast Episode 353 HOSTS: Dr. Peter Boulden and Dr. Craig Spodak DESCRIPTION On this Episode we’re re-capping our 2024 Bulletproof Summit- the energy and feedback, importance of paying attention to one's body, and the need for educational platforms and team-building events. We also discuss the challenges of being a business owner and feeling overwhelmed, as well as the importance of team engagement and buy-in. We’ll shift to pricing strategies and the concept of designing fees based on desired earnings and the importance of setting fees based on what you want to earn and not just following industry standards. The conversation touches on the challenges and constant learning involved in dentistry, as well as the importance of investing back into the business to create more capacity and serve the community better. TAKEAWAYS The summit was a highly energizing and successful event, with positive feedback from attendees. Paying attention to one's body and incorporating prac
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The Cost of Building New + Hiring Associates (again)
05/06/2024 Duración: 56minThe Bulletproof Dental Podcast Episode 352 HOSTS: Dr. Peter Boulden GUESTS: Dr. Trey Tippit and Dr. Dwight Peccora DESCRIPTION The conversation covers the challenges and considerations of hiring and onboarding dental associates, as well as the impact of construction costs on practice expansion. Join us in discussing the decision-making process, financial implications, and the importance of finding the right fit for the practice. We'll also explore the concept of progress over perfection and the need for flexibility in hiring decisions. The conversation covers a range of topics related to hiring and onboarding dental associates, including the importance of hiring for the business rather than personal preferences, the need for balance and diversity in the practice, the role of continued education and mentorship, and the value of creating leverage through hiring. TAKEAWAYS Hiring and onboarding dental associates requires careful consideration and flexibility. Construction costs have a signific