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Starting 2024 Strong: Why Dentists Should Return With Momentum · The Millionaire Dentist™

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  Hello, everyone, Welcome to the Millionaire Dentist Podcast, brought to you by
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  four Quadness Advisory. On this podcast, we break down the world of dentistry,
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  finances and business practices to help you become the millionaire dentists you deserve to
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  be. Please be advised we do speak with an honest tongue and may not
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  be safe for work. Hello and welcome. This is Casey Hires back at
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  the Millionaire Dentist Podcast in studio with co host Jared Bridgeman. Casey, how
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  are you doing well? Man? Hey, Happy New Year? Happy New
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  Year? What Larry David and Curve of your Enthusiasm say you up until January
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  seventh? Yeah, you can say Happy New Year, but according to Larry
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  David, after that, it's done pass. We're over and done with now.
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  We took a week off between Christmas and New Year's which is really nice
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  thing that our bosses let us do. Did you have a good have a
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  good time off? Good break? Stephen Covey's book Seven Habits of Highly Effective
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  People Rule numbers, Evan's one of my favorite. Keep your axe sharp.
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  I've mentioned this before, but if you're trying to chop down a tree and
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  your axe is dull. You can be chopping and sweating and exhausted and not
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  effective. If you stop to sharpen and shine your axe and get some electro
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  likes, you're going to be more effective. That. It's a long way
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  to say. Ten days off was excellent. I need really melked it day.
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  The day we were supposed to come back, you walked in one second
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  before you know you're supposed to be here. Yeah, no, it was.
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  It was a great break, great time off. What we do for
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  practice owners is a lot and it's serious, and so time off is important.
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  Yeah. It was a great time. Friends, family, rest,
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  food, lots of food, a little bit of booze, adult beverages could
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  be found. Yeah, I had a good break as we all spend time.
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  You know what was nice for us as we go? Ya? Was?
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  I was supposed to ask you, yes, thank you? Just about
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  me? Right, that's right. We are able to knock out all of
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  our Christmas gatherings in one weekend. Nice, which was awesome. But you
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  talk about sharpening the asked me me think of my younger brother. The last
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  couple of times I've gone up to visit my mom and stepdad, my brother
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  has come over with his kid and stuff and my brother. He always brings
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  his own knife sharpener and we'll go through my mom's drawer and sharpen all our
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  knives. That's nice. It's nice, but it's it was like four times
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  last year. It's just funny to see him over the corner sharperdy a knife.
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  It just makes me laugh every time. Yeah, no, I like
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  that. I'll tell you what you know, when you go on break,
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  a lot of times you're just relaxed and you're like, this is great.
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  And so many people are like dreading coming back to work. What I love
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  working. I mean, I don't dread it, but it is nice.
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  But it's also but a couple more days I want to complained about a few
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  more days off, no free times. The Devil's playground too structure. But
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  my point is that that general feeling of oh, it's has been great and
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  I'm so relaxing. I wish I didn't have to go to work. I
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  wish I hit the power ball right or or you know, I'm independently wealthy
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  and didn't have to it didn't have to sort. That's a sentiment out there.
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  Yep. It kind of comes back to even even a campaign. We're
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  working on community of why does so many dentists work so long? Right?
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  Sixty eight, six, sixty eight, seventy, seventy five, eighty five.
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  I mean we just talked him with the Donnis that's eighty eight and just
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  hung it up, like why do they do that when when you know?
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  And I think it's hard to even contemplate that for people who don't know the
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  insides of the dentistry business, you know, to us, let to a
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  layman out there who just goes to the dentist, is like, you're I
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  know, you're making good money, you're making great money. Why are you
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  still here at eighty My grandmother did that, but she worked in a factory,
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  you know what I mean, and making twenty bucks an hour versus well
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  and I you know, I is this the take home for me on this
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  is truly if somebody can retire five or ten years sooner, yeah, that's
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  that's worth looking at, Like how can someone make that happen? And in
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  the world of dentistry, you know, there's an opportunity. You know,
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  if you can make hay and just crush it for you know, fifteen eighteen
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  years, you can be in a position to retire with millions and millions.
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  I mean, it's almost a lottery ticket in itself. They have more money
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  and stop earlier. Yeah, I mean, I mean, it's it's one
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  of those I wish I hit the power ball. But in dentistry, there's
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  a lot of struggles and challenges overhead insurance, not making what you want,
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  there's shame, there's imposter syndrome. There's all these things that dentist deal with
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  that they don't talk about. And of course a lot of that might have
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  been fixed, but you know, they're hindsight is twenty twenty with everything.
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  Yeah. Yeah, But ultimately, mastering the business side of dentistry can put
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  you in a position where you can have an extended Christmas break and be off
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  for the rest of your life if you want to. And again, you
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  can always and take that Christmas break somewhere really nice. Yeah, And you
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  can always go practice dentistry, sure, right, like, oh I miss
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  it, I'm gonna go practice for a day at my study club, buddies
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  practice. But you can't always retire early if you don't do the right things
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  correct and so it's such a reversal. What's your retirement plan. I'm gonna
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  teach and I'm gonna speak, and I'm gonna practice. And it's like,
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  Okay, why don't you just crush dentistry now and retire and then still do
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  those things. But not because you need cash flow, No, because you
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  love it, That's right. So we'll be you get burned out. Yeah
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  by the time you're seventy, are you really want to run around teach?
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  Yeah? Yeah. But I you know, we're gonna be what probably sixty
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  events this year if we look at national meetings, state meetings, study clubs,
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  dental societies, our own events. I think we're rocking about on the
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  tour about sixty this year. And we're gonna be going to the Yankee Dental
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  Congress here at the end of this month. Yeah. That's uh last week
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  of the month, isn't it. Yeah? Yeah yeah, Boston. Uh.
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  And I always joke, you know, Boston in January? Very serious?
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  Why couln't we go to Boca? But boy, but we are going
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  to Boca. We are going to Boca. Yeah, that's right, that's
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  our own event. But you were talking about the Yankee and so I know
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  you're gonna be speaking at the Yankee. Yeah. We do a two hour
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  two hours of CE Saturday the twenty seventh, nine to eleven. If you're
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  in the Northeast and you're going to the Yankee Dental Congress register for or the
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  course code is seven five two s's and Sam l as in Lisa. But
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  yeah, it's two hours on the business side of dentistry. And if you're
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  going to the Yankee absolutely Register, you'll hear things that I can help you.
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  You hear things that might make you a little sick the stomach, but
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  we get we get to it. You know, I've seen you. I've
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  seen you speak a few times now, and it's it's just it's mind boggling
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  to see what what we speak about, what you talk about, and how
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  much that resonates with so many people from all over the country. Yeah,
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  about every third third one somebody goes, acy, did you look at my
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  how did you get access to my profit and lost statement, my balance sheet,
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  my taxes? And how do you know that? I am frustrated by
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  all this? Yeah? And it's and the thing is that it's a frustration
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  is that a lot of people feel. But the ones that come up and
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  talk to you are the ones that realize, you know, I think I
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  do need help. And we talk to people that make four hundred, five
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  hundred, six hundred, We've talked to people that make a million dollars in
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  dentistry or in orthodontia, and they're still frustrated. Right, So so many
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  times people think, well, if I can just make this or do the
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  mastering the business side and the tax it's hard, it's difficult, and so
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  wherever you're at, it can be better, you can make more. Again,
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  we can't help everybody, right, We'd love to have more conversations with
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  practice owners because if we can help you, we're going to show you.
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  But yeah, we'll be in Boca this month doing our own event. We'll
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  be at the Yankee, which is a nice one, a nice opportunity for
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  folks to hear us. And yeah, we'll be doing these podcasts weekly this
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  year in twenty twenty four. I'd also like to bring up we're as going
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  to be in San Antonio soon in February doing doing two different events there as
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  well. And then following up with that, we're going to be in Tampa,
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  Florida, and Nashville, Tennessee, and we only go to the best
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  venues, That's right, I mean like no joke. We find whatever city
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  we're going, we find the three top places that are like you know,
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  you take somebody on a tenure or twenty year anniversary, that's the venue that
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  we go to. The subject matter we could present it at to Bob Evans
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  and we can still help people. I mean, we're starting this year off
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  strong. We're going to be out there and we're going to be talking,
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  and we're going to be trying to help you know, as many people as
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  we can get our hands on that that are that that can work with us.
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  Well, it's ironic. We're going to sixty places. We want to
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  talk to as many dinnis as we can, but we vet them out right
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  and we we don't take near near as many as we say no to I.
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  But that the point is, let's see if we can help you.
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  Yeah, and if we can, we'll show you. And if we can't
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  or it doesn't make sense or it's not a good fit, we're the first
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  to tell people about it. You know. The worst case scenario coming to
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  one of one of your speaking events and one of these types of things is
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  you learn, oh shoot, maybe I need to talk to my accountant,
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  maybe I need to talk to my my finance guy. Oh yeah, you'll
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  learn. I'll give some tips. Hey, if we never talk again,
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  here's some things you need to demand from your current external team to get better.
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  So we're good and some of those things. I know. We have
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  a couple plans and podcasts coming up. We're going to have a Kevin Rton
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  in here as well, who's one of our really awesome CPAs. And so
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  I'm really really excited about us coming out of the gate and really trying to
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  help as many people as we can just on the podcast alone, like you
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  and I help in talking advice, public service announcements, things that your accountant
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  maybe should be telling you that they're not. We're going to be doing more
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  of that this year, trying to get some information if your account. If
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  your account is not telling us telling you it's okay to eat the yellow snow,
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  it's time to move on on that note. No, Casey, thank
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  you so much for stopping by. Folks. If you're interested in coming to
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  see us at one of our events, go to four Quadrants Advisory dot com
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  slash events. You'll be able to register there again. We're going to be
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  at the Yankee this year on Saturday, the twenty seventh of January. Make
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  sure to register for our courses from nine to eleven a m. And our
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  course code is seven five to two. S Is and Sam and Ellis and
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  Lisa. Thank you so much, Casey. That's all the time time we
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  have today. Thank you to our guests for their insight and for sharing some
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  really great information, and thank you to you the listener for tuning in.
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  The Millionaire Dennis podcast is brought to you by four Quadrance Advisory to see if
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  they might be a good fit for you and your practice. Going over to
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  four Quadransadvisory dot com and see why year after year they retain over ninety five
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  percent of their clients. Thank you again for joining us and we'll see you
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  next time.