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1951: Loan Repayment & Personal Finance Pt. 1

On today’s episode, we have an insightful two-part series, diving into the complex world of student loans and repayment strategies. Joining us is Jake Courtney, a seasoned student loan consultant and financial planner from Student Loan Planner, whose expertise lies in aiding dentists to navigate the often overwhelming terrain of hefty student loans.

We explore the evolving landscape of student loan repayment. Jake, hailing from Dayton, Ohio, brings over nine years of financial advice to the table, helping clients forge individualized plans to maximize savings over their loan repayment timeline. We discuss the shockingly high average debt for dental graduates, the potential for reform, and the introduction of income-driven repayment plans like the new SAVE plan.

With the possibility of loan forgiveness after 25 years and the daunting “tax bomb” that could follow, we dissect the risks and strategies necessary to manage this significant financial burden. Whether you’re fresh out of dental school or years into your practice, understanding the interplay between your adjusted gross income and your student loan payments is crucial.

As we wrap up part one of our discussion, we invite you to join us for part two, where we’ll delve deeper into these topics. Remember, preparation is key when it comes to managing student debt effectively. If you’re seeking guidance on navigating your student loans or planning for potential forgiveness, reach out to a specialized financial planner like Jake and consider tuning into resources like the Student Loan Planner podcast.

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1950: Converting Set-Backs

On today’s episode, we’re joined by Mike “C-ROC”, who interviews Dr. Mark Costes for his “What Are You Made Of?” podcast. Mark shares his journey from facing multiple rejections from dental schools to becoming the successful owner of multiple practices and a leading dental coach. With stories of early career struggles, learning the importance of culture and leadership, and how to scale businesses effectively, Mark offers invaluable insights into the mindset and strategies that have propelled him to the forefront of dental entrepreneurship.

Listeners will hear about the moments of realization that led to significant changes in Mark’s business approach, the role of core values in building a strong company culture, and the impact of mentorship and continuous learning on personal and professional growth. Mark also discusses the potential of artificial intelligence in dentistry and shares his advice for aspiring dental entrepreneurs.

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1949: Sustainable Dental Missions

On today’s episode, we dive into the heart of dentistry and explore the stories that shape our profession. We have a remarkable assembly of guests from the Dental Legacy Foundation. Dr. Dan Nelson, Ryan Passey, Dr. Jared Hill, and Jared Galovich join us to share their recent experiences and the incredible impact of their work in Tanzania. We discuss their inspiring journey with Smile Outreach International and the creation of sustainable dental care in Tanzanian communities.

Our guests detail the transformative mission trip that not only provided dental care but also resulted in essential infrastructure projects, such as the construction of a life-changing water tower. From touching ceremonies to the construction of computer labs and visions of new dental schools, this episode is an incredible testament to what can be accomplished with passion and partnership.

For those inspired by today’s conversation and eager to contribute to these life-altering missions, your opportunity to make a difference is just a step away. Get involved with the Dental Legacy Foundation and Smile Outreach International to continue this wave of positive change. Your skills and donations can help bring consistent, quality dental care and so much more to communities in need.

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1948: Inside the Operatory

On today’s episode, we have friend and fellow dentist, Dr. Ben Kacos, in a conversation that feels both casual and richly informative. They discuss the demands and intricacies of dental practice, from handling complex procedures under sedation to strategic practice expansion. Dr. Kacos shares his personal experience of incorporating a paramedic into his sedation procedures, enhancing both efficiency and patient safety.

Dr. Kacos also delves into the challenges of expanding a dental practice and the metrics that indicate when it’s time to do so. His growth journey from a small setup to a multi-operatory enterprise offers listeners a blueprint for scaling their operations. The discussion turns towards the demographic considerations of practice location, emphasizing the importance of choosing a place with a conducive patient-to-dentist ratio and potential for growth.

Listeners are encouraged to think ahead about their practice’s lifecycle, from inception to the eventuality of selling or partnering with larger organizations. Dr. Kacos stresses the importance of demographic research in planning a successful dental practice and provides insights into managing a large team under one roof.

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1947: Inside & Outside of the OP Income

On today’s episode, we have special guest, Dr. Paul “Nacho” Goodman, and we dive deep into the fascinating world of dental professional networking, career paths, and the importance of kindness in achieving success. We discuss the vibrant community within the “Nachos Kind of Facebook Group,” boasting an impressive membership of dental professionals, and how Dr. Goodman has cultivated a platform for job connections and career advice in the dental field. The conversation highlights the unnecessary competitiveness within the profession and champions a more collaborative and empathetic approach.

Dr. Goodman, founder of Dentist Job Connect, shares insights into the challenges and opportunities facing dental professionals today, from navigating job markets to the intricacies of dental practice sales. He stresses the importance of early career planning, proactive job searching, and the critical role of personal development beyond clinical skills. The episode also explores the dynamics between private practice and Dental Service Organizations (DSOs), offering listeners a balanced view of the current dental landscape.

For anyone in the dental profession, from students to seasoned practitioners, this episode is a treasure trove of wisdom on building a fulfilling career, embracing lifelong learning, and fostering positive relationships within the dental community.

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1946: Scaling New Heights

On today’s episode, we have special guest is Dr. Summer Kassmel, a seasoned dentist with an impressive track record of merging practices to create successful group ventures in Colorado’s picturesque mountain regions. Dr. Kassmel is not just an accomplished practitioner; she’s an innovator in dental education, founding both Dental Assistant Schools Delivered and the Dental Career Academy.

In this episode, Dr. Kassmel shares her journey from solo practice to overseeing grand-scale operations and how her unique business models address staffing challenges in the dental industry. Listeners will get a firsthand account of how Dr. Kassmel crafted two innovative training programs that have become cornerstones of her practice’s success and a beacon for dental professionals nationwide.

For those driven by the allure of transforming challenges into triumphs, Dr. Kassmel’s story is a testament to what’s possible with vision and tenacity. Her approach blends the nurturing of new talent through rigorous, accessible training programs with an entrepreneurial zeal, setting a new standard in the dental community.

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1945: The Core of Personal Integrity

On today’s episode, we delve into the profound realms of leadership and self-discipline, guided by the wisdom shared at the DSI mastermind event. The DSI mastermind ethos, mirroring the personal core values of its creator, serves as our north star. As we explore personal integrity, we’re reminded that true integrity extends beyond our dealings with others, touching the very promises we make to ourselves. The discussion sheds light on the critical nature of personal integrity, emphasizing its role in our journey towards self-improvement and the fulfillment of commitments not only to others but, crucially, to ourselves.

The episode doesn’t shy away from the tough love needed to confront our shortcomings, urging a reflection on the promises we’ve made to ourselves and how we might be falling short. Through a series of exercises, it offers a path to enhance our self-discipline and leadership, challenging us to hold ourselves to the same standards of integrity we set in our external relationships.

The conversation also traverses the significance of self-awareness, the discipline to endure discomfort for future rewards, the unyielding power of grit in overcoming challenges, and the vibrant drive of passion that should fuel our goals. Moreover, it emphasizes empathy’s role in enriching our interactions and mindfulness in aligning with our purpose and managing stress. Physical well-being is spotlighted as the foundation upon which all other aspects of our lives are built, alongside a balanced perspective on the importance of financial health without letting it overshadow other critical life quadrants.

This episode serves as a potent reminder of the multifaceted nature of success, blending personal development, physical health, and financial acumen with a heart-centered approach to living a fulfilling life. It invites listeners to re-evaluate their goals, ensuring they ignite a fire within, and to reassess their commitments, not just to the world but to themselves.

For those on a quest to lead a balanced, impactful, and disciplined life, this episode offers invaluable insights. And if you haven’t already, make sure to listen to the previous episodes for more foundational knowledge and inspiration.

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1944: Recharging the Dental Battery Pt. 2

On today’s episode, we continue our compelling journey into enhancing wellness within the dental profession. In today’s follow-up episode, brought to you by the Dental Success Network (DSN), we’re diving into Part 2 of “Recharging the Dental Battery: Strategies for Dentist Burnout, Client Care, and Nervous System Resilience.” This episode promises to be as enriching as the first, filled with insights and strategies for thriving in both your professional and personal lives.

Understanding Response Patterns: We delve into the nuances of the fight, flight, freeze, and fawn responses, crucial for recognizing our reactions to stress and trauma.

Trauma in the Dental Chair: The episode explores the significant impact dental procedures can have on patients with trauma and how this affects their nervous system.

Dealing with Anxious Patients: Our experts share compassionate and practical recommendations for dentists to better support anxious patients.

Joy and Resilience: Discover how to build resilience in the face of professional challenges and find joy in your practice and beyond.

The Power of Curiosity: We encourage you to be curious about your behavioral patterns and consider deeper therapeutic work to understand and nurture your nervous system.

To all dental professionals out there, if you seek to transform your approach to client care and personal wellness, the Dental Success Network is your sanctuary. With DSN, gain access to a community that understands the unique challenges you face and offers solutions to enhance your professional journey. Embrace the support, education, and camaraderie that DSN provides.

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1943: Recharging the Dental Battery Pt. 1

On today’s episode, we delve deep into the challenges and triumphs of women in dentistry. In today’s episode, recorded live from a webinar within the Dental Success Network (DSN), we’re tackling a subject close to the hearts of many professionals: “Recharging the Dental Battery: Strategies for Dentist Burnout, Client Care and Nervous System Resilience,” hosted on November 28, 2023. We’re joined by an inspiring panel: Ashlee Hirschfeld, Summer Kassmel, & special guest Lauren Zoeller, a somatic therapist.

Lauren Zoeller’s Expertise: As a somatic therapist, Lauren brings a unique perspective on how dental professionals can navigate the physical manifestations of past traumas and relational issues, providing insights into how these experiences shape our current well-being.

Trauma’s Impact: Lauren discusses the profound effects of trauma on entrepreneurs and leaders, particularly in high-stress environments like dental practices.

Survival Responses: Our panel dives into the nervous system’s survival responses, crucial knowledge for understanding reactions to daily stressors.

Healing through Awareness: The importance of awareness and choice in the healing process is highlighted, especially when dealing with survival states that often go unnoticed. Strategies for Resilience: Listeners will gain practical strategies to develop a flexible nervous system that can withstand the rigors of dental practice.

If you’re finding value in these discussions and want to connect with like-minded dental professionals, the Dental Success Network is your go-to community. We’re more than a network; we’re a support system dedicated to your success and well-being. Join us at DSN to access a wealth of resources, including more episodes like this one.

Remember, this is only Part 1 of our in-depth discussion. Tune in tomorrow for Part 2, where we’ll continue to explore strategies for combating burnout and enhancing client care. Don’t miss out on more expert advice and practical tips that can transform your practice and personal life.

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1942: Assembling Your Personal Board

On today’s episode, a presentation from a mastermind in 2019, Dr. Mark Costes shares invaluable insights on building a personal board of directors to elevate your dental practice. From choosing the right mix of professionals, like attorneys, CPAs, and insurance specialists, to the critical role of a personal advisory board in decision-making, Dr. Costes outlines how assembling a group of experts can significantly impact the success and growth of your business. He emphasizes the importance of proactive planning, especially in areas like tax planning and insurance, ensuring that every team member’s expertise is aligned with the practice’s goals. Tune in to learn how to construct your personal board of directors and advisory board, making sophisticated business ownership decisions to thrive in the dental industry. Don’t miss this chance to redefine your approach to business management!

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