3 Traits That Make A Dentist Profitable with Dr. Bruce Baird

Text ‘bulletproof’ to 345345 to stay in the know about all things Bulletproof, buy the book HERE, and come to the Bulletproof Summit on October 12-13th 2018 in Atlanta!   Bulletproof Dental Practice Podcast Episode 84 Hosts: Dr. Peter Boulden & Dr. Craig Spodak Guest: Dr. Bruce Baird, President and Co-founder of Productive Dentist Academy   Watch full video of the interview by clicking here!   Key Takeaways: Break down your production hourly to really find areas to improve in your practice. It’s not about speed, it’s about getting people to say yes to more dentistry. Grow your practice, sell it, try something new, invest Business ownership Dentistry consolidation and competition is scary View of the future There is consolidation There are going to be group practices There is economy of scale Insurance will open massive opportunities for dentists who are entrepreneurs Dentist owned/led mega practices Role of specialty in the future Specialists will struggle Technology is the equalizer Implant Dentistry: Simplified, predictable and profitable Advice Take on additional training to become a super GP Be the best and learn new techniques and skills Direct pay, no insurance, will help find amazing opportunity Compassionate finance allows people to make monthly payments Insurance companies make $77 billion to screw patients and dentists Dental Insurance CEOs make $23-46 million a year Monthly payments will help 80% of people who aren’t being helped 7% of people make payments if payments are $100 or less a month Interest offsets risk Top 3 traits that make a dentist profitable: #3 – Clinical skills #2 – Want to be the best #1 – Communication skills   References: Compassionate Finance   Tweetables: If you’re going to do something, be the best that you can possibly be at it. Then teach others to do it. – Dr. Bruce Baird With commitment, there is no room for failure – Dr. Bruce Baird