When I ask dental practice owners about why they opened their practices, there are a handful of answers that get repeated again and again.
Many say that they wanted the freedom to own their own practice
They want to build a beloved local institution that gives back to the community.
They’ve worked as a dentist for years and have a vision for their practice they want to fulfil.
And, of course, they want to build a business that generates wealth for their family for generations to come.
Sound familiar?
And I’m sure you know all too well that building a dental practice doesn’t happen overnight.
It’s the result of years of hard work, sleepless nights, and some very real blood, sweat, and tears…
So of course, you’re going to want it to live up to its full potential and thrive for decades to come. To create jobs for others, to put money back in your pocket, and to secure your own financial future.
But I’ve got to tell you, that just doesn’t happen on accident.
You don’t just trip and fall into a successful, multi-7 figure business.
It requires planning, strategy, and a roadmap to follow.
Too many dental practice owners are operating without a financial blueprint, and find themselves wandering off track.
It’s so painful to see practices become unviable, and hardworking practice owners end up with nothing to show for their years of dedication…
Especially when this all could’ve been avoided by simply creating a financial blueprint to follow!
The problem is, is that there’s no business school for dentists that prepares you for the cost of running a practice.
As a dental practice owner, I’m sure you’re all too aware of how the costs mount.
Your wages bill. The practice’s rent or mortgage. Inventory, Equipment. Recruitment. Marketing agencies. Constant maintenance.
The list goes on and on, doesn’t it?
If you let it, your practice will eat up every last dollar that walks through the door.
But by creating a financial blueprint, you learn where to focus your resources and what isn’t actually all that urgent.
A financial blueprint allows you to be intentional with where you spend your money and makes each dollar work for you.
The right money spent in the right places can multiply and come back to you in the millions – which is the stuff of business owners’ dreams!
But that rarely happens by accident, it happens by design.
I’m sure that you didn’t get to where you are without some level of financial intelligence and acumen – and I don’t mean to undermine or discredit your knowledge thus far at all.
But you will eventually hit a point where your current knowledge plateaus out and it takes you as far as it can.
To hit the next step up, a new set of skills is required.
A smart financial blueprint is tailored specifically to you and your practice. It needs to work towards your goals, whether that involves hitting the multi-seven figure mark, adding more team members, opening a new location, or cutting down your clinical days.
At the end of the day, it’s clear – you need a roadmap to get where you’re going.
You need to know what to do, when, and how. You need an action plan that’s tailored to you and your practice’s circumstance.
And you need it sooner, rather than later.
Coming up this February, I’m going to be running a FREE online training for dental practice owners called Design Your Financial Blueprint for 2023.
What’s it all about?
Well, as the name might suggest, we’re going to be helping dental practice owners put together a financial blueprint for the year ahead.
It’s a one-hour session that we’ve crafted specifically for dental practice owners who want to make 2023 different, and not repeat the mistakes of years past.
And we’re going to do that by putting together a rock-solid plan that gives you financial clarity.
Now, I want to stress that this isn’t some abstract “pie in the sky” theory.
I’ve been a dentist and practice owner for 20+ years now.
And in that time, I’ve spent decades in the trenches running my own practices and I’ve learned exactly what it takes to create a practice that generates consistent high profits, happy patients and a team that works independently.
These are real-world principles I’ve used to seven-figure success in my own dental practices, and with hundreds of dental practices across Australia.
They’ve helped me and my clients build countless multi-7 figure dental practices, and hit record breaking profit and revenue in any economic circumstance.
You’ll walk away with a clear financial blueprint that’s tailored to you and your practice’s specific goals.
So, don’t delay any longer.
Let us know you’re joining us to Design Your Financial Blueprint for 2023 and we’ll save you a spot!
It’s a crucial step forward for you, your practice, and your financial future.
Register now, and we’ll see you there!
