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David Ensley - Building vs Buying Orthodontic Practices
Feb 14, 2025
David Ensley, an accomplished orthodontist from Austin, Texas, built Celebrate Dental & Braces into a thriving business generating $1.5M in revenue within three years. He shares insights on the pros and cons of building versus buying orthodontic practices. Discussion includes intriguing valuation ranges from 3x to 15x, the dynamics of partnering in a larger DSO, and the importance of accurate financial reporting. Ensley also sheds light on growth strategies and achieving work-life balance in the demanding field of orthodontics.
39:28
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Quick takeaways
- David Ensley's journey from military service to orthodontist highlights the importance of leveraging partnerships for practice growth and support.
- Emphasizing work-life balance, Ensley prioritizes family time while successfully managing a growing dental practice with strategic expansion plans.
Deep dives
Background and Transition to Practice Management
David Ensley, an Army veteran turned orthodontist, shares his journey from military service to establishing a thriving dental practice in Austin, Texas. After attending dental school through an Army scholarship, he gained experience treating complex surgical cases in El Paso, which boosted his confidence and skill set. Transitioning to civilian life, he partnered with a dental service organization to open his own clinic, combining ownership with the support of a management entity. This approach has allowed him to grow his practice while maintaining independence and leveraging additional resources.
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