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

Bulletproof Dental Practice Podcast Episode 305 Hosts: Kirk Behrendt Guest: Dr. Craig Spodak Key Takeaways:  Dentistry is whatever you want it to be Never forget the “why” behind your dentistry Ignore the FOMO you feel about selling your practice Identify exactly what you want in your life and your practice Don't make long-term decisions based on temporary emotions References: Bulletproof Mastermind Bulletproof Summit  Mighty Networks: Bulletproof Dental Practice ACTdental Tweetable:              So, dentistry is really beautiful. You get to be paid to help people. Never forget the privilege it is to be able to serve other people. And when you make it about yourself and you start over obsessing about yourself, you lose fulfillment and purpose. So, if you're in a burnout stage, focus on everything around you. If you feel less appreciated, give appreciation. Whatever you want more of in life, give it away first. – Dr. Craig Spodak

Bulletproof Dental Practice Podcast Episode 304 Hosts: Dr. Peter Boulden & Dr. Craig Spodak Guest: Dr. Trey Tippit  Key Takeaways:  Summit Update:         Chris Ronzio from Trainual speaking Current Events:          Affirmative action update          Student loan forgiveness proposal rejected Half-Year Audit (July):         Apply the “1 in 60” rule to personal and professional and professional evaluation          Identify sources of energy and drain          Determine the most important focus area (ROCK) across various categories          Assess the alignment of systems and habits with the main focus          Identify factors or individuals impeding progress          Track progress towards annual goals Introduction to Fednow Bitcoin Insights:          Significance of Blackrock’s filing not being coincidental          Upcoming BTC halving in April 2024          Predictable strategy of buying six months before halving and selling 18 months after 4th of July message from Peter References: Bulletpro

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

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: Bulletproof Mastermind Bulletproof Summit Mighty Networks: Bulletproof Dental Practice Patient Prism 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: Bulletproof Mastermind Bulletproof Summit 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: Dental Economics The importance of NOT selling Total dental spending in the United States and the vulnerability of the dental profession Achieving total dental freedom and navigating rising costs and economic downturns Importance of patient experience and leveling the playing field in dentistry Structured and scaled methods of DSOs (Dental Service Organizations) Competition and alignment between personal and business horizons Solutions for the back end of the dental business The importance of autonomy, taking action, and embracing risks Challenging the status quo and consolidation in the healthcare industry Learning from other companies, such as Delta Airlines, and dentistry as a tech-based industry Importance of reception and being on time in dental practices Advice for new building owners and the need to think about the future Importance of space in

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: Bulletproof Mastermind Bulletproof Summit Mighty Networks: Bulletproof Dental Practice Bullet Proof ERC Airpay  Dental Economics Article 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 T

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: Bulletproof Mastermind Bulletproof Summit Mighty Networks: Bulletproof Dental Practice Bulletproof ERC 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: Dental Success Institute Bulletproof Mastermind Bulletproof Summit Mighty Networks: Bulletproof Dental Practice Bulletproof ERC 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 the

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 Dental Success Institute Bulletproof Mastermind Bulletproof Summit Mighty Networks: Bulletproof Dental Practice Bulletproof ERC 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:IntroductionThoughts 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 Sm

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 ERCAirpay 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 ERCDental 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