192. Strategies Of The Super Rich
In this episode of the Savvy Dentist Podcast, Tim Mcneely joins us to share his wisdom in helping dentists create passive wealth outside of their practice. He knows the industry intimately and his wife is a dentist which puts him in a great position to speak to us about this topic.
In this conversation, we talk about the steps you can take to create wealth outside your practice, why you need to do it, what it takes to do it, and resources you can consider before or while going through the journey.
The Art of Swinging Your Cash flow in the Right Direction
Being a great dentist might help you run a successful practice, but in order to turn it into a lucrative and profitable business, you need to be a competent business owner too. And while an experienced accountant will greatly help with money management, there are some decisions that only you can make to get the […]
159. Maximising Cashflow
In Episode 159 of the Savvy Dentist Podcast, we are going to talk about an important business metric that we need to understand and consider – maximising cash flow.
Determine Risk and Increase the Valuation of Your Dental Practice
Valuing a business in Australia isn’t a science so much as an art. Without the purchase history that businesses in countries like the United States can use as a benchmark, us Aussies need to do some math to figure out what our businesses are worth on today’s market. If you are thinking about selling your […]
139. the Art of Buying and Selling Businesses with David Barnett
In this episode, I chat to David Barnett who works with entrepreneurs around the world helping them to buy, sell and organise their small and medium sized businesses. Whether you’re thinking about selling soon, down the track or just want to make your practice more valuable, this episode is for you.
134. Improving Cash Flow In Your Practice with Justin Krane
In this episode, I’m joined by money strategist Justin Krane to share his insights around cash flow, ROI metrics and more. Justin Krane’s mission is to help business owners understand the money side of their business. He teaches entrepreneurs how to be strategic with their business money so that they can grow. Justin […]
Identify And Manage Risk In Your Dental Practice Now to Protect the Future
Identifying and managing risk is something every business should do at least once every six months. Identifying risks is a moving goalpost that changes as the marketplace changes, patient health demographics change, new regulations pass, and new competition moves in down the street. Carving out some time twice a year to sit down and target […]
133. Identifying And Managing Risk in Your Dental Practice
Today I’m having a conversation with you about a topic that I think is really overlooked in running a dental practice: identifying and managing risk. So in today’s conversation, we’re going to be giving you some structure for identifying and managing risks in your own practice. In addition to that, we’ll be talking […]
What Everybody Ought to Know About Creating Wealth
Have you ever fantasised about winning a lottery? About never having to worry about your finances, or about how full your appointment book is again. About living the good life and doing as you pleased. Of course, you’re smart so you know the odds are not in your favour (even if you’ve bought a ticket). In fact, […]
How To Be Financially Savvy In A World Of Struggling Dentists
Financial intelligence – what does that mean to you? Do you know your finances intimately? More importantly, would you like less financial stress? Too often practice owners simply rely on what their accountant tells them and keep an eye on the bank balance. They don’t develop their own financial intelligence. They evaluate the past by […]