The Dentalpreneur Podcast w/ Dr. Mark Costes

On today's episode, Dr. Mark Costes wraps up his powerful two-part keynote from the Voices of Dentistry conference in Scottsdale, Arizona. In this conclusion, he dives deep into the numbers that drive practice success, breaking down the phases and ratios that dentists can use to assess their practice health. Dr. Costes shares a compelling case study of "Dr. Rex," illustrating how phase classifications and strategic planning transformed his practice. Learn why overhead may be elevated, actionable strategies to reduce it, and how to establish a plan for long-term profitability. If you missed part one, be sure to catch it first! EPISODE RESOURCES https://www.truedentalsuccess.com Dental Success Network Subscribe to The Dentalpreneur Podcast

On today's episode, Dr. Mark Costes shares part one of his keynote from the Voices of Dentistry conference in Scottsdale, Arizona. He dives into the freedom of making clinical dentistry optional, recounting his personal journey through a challenging neck surgery and rapid return to work. Dr. Costes explores how to remove yourself as the bottleneck in your practice, factors contributing to burnout, and strategies to overcome them. He also breaks down the foundational frameworks for creating a successful business and a balanced personal life while warning of the risks of neglecting key areas in your Four Futures. Don't miss this insightful conversation—catch part two tomorrow! EPISODE RESOURCES https://www.truedentalsuccess.com Dental Success Network Subscribe to The Dentalpreneur Podcast

On today's episode, Dr. Mark Costes sits down with Peter Beckwith, co-founder of Mad Rose Media and Chief Cultural Officer at Oak Forest Recovery. Peter shares his incredible journey from overcoming addiction and business collapse to building a thriving career centered around holistic dental marketing. A Cornell graduate with a background in video production, Peter discovered a newfound purpose after collaborating with airway-focused orthodontists like Dr. Bill Hang. Peter delves into his unique marketing philosophies, emphasizing thought leadership and personal branding over cookie-cutter strategies. He also offers profound insights into breaking free from perfectionism, cultivating self-compassion, and fostering a culture of excellence. Peter's holistic approach to both marketing and personal growth is a game-changer for boutique dental practices striving to make an impact beyond the operatory. EPISODE RESOURCES www.MadRoseMedia.com https://www.truedentalsuccess.com Dental Success Network Subscribe to The Dentalpreneur Podcast

HR Huntsman, an expert in executive and leadership coaching, shares invaluable insights on developing emerging leaders and fostering critical thinking within organizations. He discusses the crucial differences between delegation, abdication, and empowerment. HR emphasizes the importance of nurturing problem-solving skills and adapting leadership approaches to modern challenges, especially for engaging newer generations. He also highlights the significance of self-assessment and mentorship in creating effective leaders, making this a must-listen for anyone in leadership roles.

On today's episode, we sit down with HR Huntsman, founder of Leaders Edge, for an inspiring and deeply personal conversation about overcoming adversity and building impactful leaders. HR shares his remarkable journey from a challenging childhood to becoming a global changemaker, leveraging his passion for leadership to scale businesses and empower teams. They discuss the fundamentals of leadership, from vulnerability and authenticity to accountability and curiosity, and how to align personal aspirations with organizational goals. If you're looking to enhance your leadership skills or integrate them into your organization, this is a must-listen packed with actionable insights. EPISODE RESOURCES www.yourleadersedge.com https://www.truedentalsuccess.com Dental Success Network Subscribe to The Dentalpreneur Podcast

On today's episode, Dr. Matt Slivka continues his insightful conversation on exceeding expectations by focusing on intentional team culture. He reveals the power of a well-defined culture book to align team members with the practice's mission, vision, and values. Dr. Slivka also shares strategies to foster personal and professional growth, strengthen team bonds through meaningful activities, and design impactful incentives that build camaraderie without entitlement. Discover how thoughtful planning and purposeful leadership can create a thriving, dedicated team. EPISODE RESOURCES https://www.truedentalsuccess.com Dental Success Network Subscribe to The Dentalpreneur Podcast

On today's episode, Dr. Matt Slivka dives into the transformative power of cultivating a team culture rooted in care, connection, and positivity. He shares strategies to exceed patient expectations, from celebrating their life milestones to engaging in impactful community initiatives like CPR courses and charity events. Dr. Slivka also emphasizes the importance of empowering team members by giving them responsibilities that foster ownership, enhance patient relationships, and deepen their connection to the practice's mission. EPISODE RESOURCES https://www.truedentalsuccess.com Dental Success Network Subscribe to The Dentalpreneur Podcast

On today's episode, Dr. Mark Costes wraps up his powerful keynote from the Neodent Symposium in San Diego. Speaking to a lively crowd of a thousand dental professionals, he dives into essential strategies for productive team meetings and defines how to set and achieve a primary objective with full team alignment. He explains the difference between lead and lag measures to improve practice performance and discusses understanding your P&L to set target allocations per category. Mark also weighs the pros and cons of managing your own dental lab versus outsourcing. If you haven't heard part one, be sure to listen to that first for the full experience. Enjoy this valuable conclusion, and stay tuned for more insights! EPISODE RESOURCES https://www.truedentalsuccess.com Dental Success Network Subscribe to The Dentalpreneur Podcast

On today's episode, Dr. Mark Costes delivers part one of his impactful keynote presentation from the Neodent Symposium in San Diego, where he spoke to a crowd of over a thousand dental professionals. In this insightful talk, he dives into key strategies for leadership and systemization that lead to more profitable surgical practices. Mark explores how setting clear goals begins with establishing a baseline, explains why default rates rise with multiple practice loans, and shares his thoughts on the troubling prevalence of suicide in the dental field. He also introduces DSI frameworks for achieving true success and discusses the most effective approaches to systemizing dental practices. Tune in to gain valuable tips and wisdom, and be sure to join us tomorrow for part two and the conclusion of this compelling live session! EPISODE RESOURCES https://www.truedentalsuccess.com Dental Success Network Subscribe to The Dentalpreneur Podcast

On today's episode, we're joined by Greg Auerbach, a seasoned expert in dental practice transitions and valuations with Henry Schein Dental Practice Transitions. Greg shares his extensive insights on what it takes to maximize the value of a dental practice, whether you're considering a sale to another doctor or aiming for an institutional buyer. With nearly 20 years in the field, Greg covers key aspects of evaluating practice worth, common valuation methods, and understanding the role of EBITDA and QoV in securing the best outcomes. They discuss trends in early practice sales by younger dentists, navigating high overhead challenges, and the crucial impact of location on market desirability. Greg also offers practical tips on optimizing your practice's profitability by tightening up expenses and increasing revenue, plus how to handle 'extra' expenses in your books like family member salaries or personal vehicle costs that can affect your practice valuation. If you're planning a future sale, Greg's advice can help you set up your practice now for a successful, lucrative transition. Determine the true value of your practice based on location, equipment, patient base & more. Get your complimentary copy of the Henry Schein Dental Practice Transitions guide to practice valuation. EPISODE RESOURCES http://www.HenryScheinDPT.com https://www.truedentalsuccess.com Dental Success Network Subscribe to The Dentalpreneur Podcast