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Dental Unfiltered
Bonus Episode - State of the Startups - Q1
Jun 5, 2024
Dentist and entrepreneur Dr. Andrew Vallo shares insights on the performance of his dental startups, discussing collection challenges, immediate profitability, construction delays, and staffing issues. He emphasizes the value of quality personnel and transparently shares Q1 data to highlight the highs and lows of managing dental offices.
23:42
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Quick takeaways
- Success in dental startups requires navigating collection challenges and emphasizing the value of quality personnel.
- Key to startup profitability lies in recruiting talented staff and empowering them to uphold the practice's vision.
Deep dives
Challenges and Successes in New Startups
In this bonus episode, Andrew provides full transparency on the performance of his newest dental startups, discussing the challenges and successes of the first quarter. Despite experiencing a lag in collections due to insurance payments and Invisalign plans, the general office showed resilience with an adjusted production and revenue of $273,617 and $183,100, respectively. Andrew emphasizes the importance of being prepared for financial fluctuations and the impact of collection delays on profitability.
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Discover
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Listen to the best highlights from the podcasts you love and dive into the full episode