Bulletproof Dental Practice

The Bulletproof Dental Podcast Episode 382 HOSTS: Dr. Peter Boulden and Dr. Craig Spodak GUESTS: Dr. Dwight Peccora and Dr. Trey Tippet DESCRIPTION The hosts discuss key aspects of running a successful dental practice, including financial management, business systemization, and practice valuation. They emphasize transitioning from people-dependent to system-dependent operations through standardized processes and effective team training. The conversation covers industry consolidation, political impacts on dentistry, and strategies for practice growth and eventual sale. TAKEAWAYS Building a resilient business makes it more desirable for potential buyers. Understanding financials is crucial for making informed business decisions. Dentists often struggle with interpreting their P&L statements. Emotional bandwidth is necessary to engage with business management. Entrepreneurship requires a shift in mindset from clinical work to business strategy. Learning from financial data helps avoid emotional d