The Dentalpreneur Podcast w/ Dr. Mark Costes

In this episode of The Dentalpreneur Podcast, you'll hear a powerhouse panel of the Dental Success Blackbelt coaches share their best business practices in dealing with commonly recurring challenges. They take turns identifying these issues ranging from recruitment and onboarding, new hire expectations, success target setting, employee attrition, patient retention, consistency of care, to effective mentorship and systemization. EPISODE RESOURCES https://www.truedentalsuccess.com Dental Success Network Subscribe to The Dentalpreneur Podcast Visit the Dentalpreneur Podcast website Write a Review on iTunes

More lessons from the Mastermind sessions: DSN Co-Founder and DSI Blackbelt Coach, Dr. Addison Killeen, demystifies EBITDA as the valuation measure used by DSOs, venture capital firms and private equity groups in deriving a possible sale price for a practice. Spoiler alert: Gross revenues do not count. EBITDA is the one basis for valuation calculation. Tune in for Mastermind insider tips on how to increase your EBITDA multiples without having to add more locations to your practice. EPISODE RESOURCES https://www.truedentalsuccess.com Dental Success Network Subscribe to The Dentalpreneur Podcast Visit the Dentalpreneur Podcast website Write a Review on iTunes

"Imagine it's your last day of clinical dentistry …" In this episode, Dr. Mark Costes revisits the Mastermind visualization exercise he conducts with every new member of the Dental Success community. Beginning with the end in mind, he takes inspiration from Steven Covey to guide Masterminders towards establishing a clear vision of what their ideal practice and life would look like when they transition out of clinical dentistry. Listen in to set your own goals for the future and how to get there. EPISODE RESOURCES https://www.truedentalsuccess.com Dental Success Network Subscribe to The Dentalpreneur Podcast Visit the Dentalpreneur Podcast website Write a Review on iTunes

Returning guest Dr. David Phelps sits down with Dr. Mark Costes today for more insights on building wealth and cash flow outside the practice. Himself a former practice owner, David founded the Freedom Founders Mastermind Community helping dentists achieve financial freedom through real estate investing. Here he shares his views on passive income, debt, savings, taxes and creating a sustainable, predictable, inflation-hedged investment portfolio. EPISODE RESOURCES Freedomfounders.com doctorphelps.com inflationbook.com https://www.truedentalsuccess.com Dental Success Network Subscribe to The Dentalpreneur Podcast Visit the Dentalpreneur Podcast website Write a Review on iTunes

Today we look at the future of dentistry and how Artificial Intelligence can help take a practice to the next level. Rob Laizure, Founding Partner of FullContour Design Services, speaks to Dr. Mark Costes on the benefits of utilizing AI digital design services for crowns, bridges, orthodontics, implants, guided surgery and removables. With the latest advancement in 3D printing technology, Rob shares how digital design and AI can alleviate workflow bottlenecks, overcome high-priced CAD design, staff shortages, learning curves and slow turnaround times. EPISODE RESOURCES https://www.fullcontour.com https://www.3shape.com https://www.truedentalsuccess.com Dental Success Network Subscribe to The Dentalpreneur Podcast Visit the Dentalpreneur Podcast website Write a Review on iTunes

Dentists lead fast-paced, high-stress, intense lives. For this reason, every dentist needs a life coach. This was the motivation for Chelsea Myers, Founder and CEO of Dental Life Coach, to offer transformative coaching to dental professionals and help them create the dental life they desire. Dr. Mark Costes chatted with Chelsea at the recent Dykema DSO conference to learn more about how dentists can become better communicators, have a positive relationship with money, increase case acceptance rates and improve talent retention. EPISODE RESOURCES https://www.dentallife.coach https://www.truedentalsuccess.com Dental Success Network Subscribe to The Dentalpreneur Podcast Visit the Dentalpreneur Podcast website Write a Review on iTunes

Today's guest is a general-dentist-turned-venture-capitalist who is changing the landscape of dental and systemic health ventures. Dr. Jeremy Krell is Managing Partner of Revere Partners, the first-ever venture capital fund focused on oral health. At the Dykema DSO Conference recently held in Colorado, he talked to Dr. Mark Costes about how their dental industry expertise helps connect startups with investors and leaders of top dental chains, manufacturers, insurers, nationwide labs and retailers. EPISODE RESOURCES https://www.reverepartnersvc.com https://www.truedentalsuccess.com Dental Success Network Subscribe to The Dentalpreneur Podcast Visit the Dentalpreneur Podcast website Write a Review on iTunes

Ryan Gross, DSI and DSN Chief Marketing Officer and Founder/CEO of MyCMOShare, returns to the Dentalpreneur Podcast to talk about The Dental Office Marketing Manual – a comprehensive playbook to dental marketing co-written with Dr. Addison Killeen and Kristin Carroll. Using data to help make smart business decisions that drive dental practice growth, he gives a preview of the manual's real world marketing examples and its lessons on brand experience, website and online presence, social media marketing, search engine marketing and optimization and how to measure Return on Marketing Investment. EPISODE RESOURCES www.mycmoshare.com https://www.dentalsuccessnetwork.com https://www.truedentalsuccess.com Dental Success Network Subscribe to The Dentalpreneur Podcast Visit the Dentalpreneur Podcast website Write a Review on iTunes

Amid soaring interest rates and rapid inflation, one might ask: Is this a good time to take the first step towards startup practice ownership or an acquisition? Drs. Taher Dhoon and Chris Green of The Practice Launchpad join Dr. Mark Costes in this episode to address this prevailing question in the dental vertical. Together, they identify red flags when evaluating loans, rentals, and dealing with contractors so as not to be taken advantage of. They also stress the need for having a resource like The Practice Launchpad to guide one through practice transitions. EPISODE RESOURCES https://www.thepracticelaunchpad.com https://www.truedentalsuccess.com Dental Success Network Subscribe to The Dentalpreneur Podcast Visit the Dentalpreneur Podcast website Write a Review on iTunes

This episode of The Dentalpreneur Podcast was recorded live from the recently held Dykema DSO Conference in Colorado where Dr. Mark Costes led a panel of experts on workforce retention and evolving into a Blackbelt Practice organization. Joining him were Margaret McGuckin, Co-Founder & Principal of i3 Ignite, Dee Fischer, CEO of Fischer Professional Group, and Charles Moser, DEO Executive Coach. Listen in for their tips on what it takes to be in the highest echelon of Blackbelt Practice and how to score high in leadership, culture and systemization, team accountability and the connection between efficiency and driving revenue. EPISODE RESOURCES https://dykemadso.com https://i3ignite.com https://fischerspro.com https://deodentalgroup.com https://www.truedentalsuccess.com Dental Success Network Subscribe to The Dentalpreneur Podcast Visit the Dentalpreneur Podcast website Write a Review on iTunes