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I am a Recovering Perfectionist!
The truth is perfectionism doesn’t really exist! It's not possible.
Being hard on yourself because you’re not perfect is just wrong.
I am a...
When you think about your dental practice, you’ll likely notice a daily rhythm to your activities. Similarly, most of us have personal routines that we follow each day. These rhythms create...
Transitions take time. When you decide to switch to the Profit First system and start taking action, you’ll likely face some challenges. It’s a new approach, and new things can be...
Last week, I shared how to input your own statistics into the table, allowing you to evaluate your current allocation percentages. If you haven’t completed the assessment yet, you won’t...
Finalize Your Self-Assessment
Utilize this table to finalize your self-assessment!
In our previous blog post, we provided instructions on collecting the necessary data. Today, we are excited to...
When I work with my students, I always start by having them set up one extra account called Profit. This simple step can make a huge difference. Profit First is a behavioral system that leverages...
This is the fifth and final segment in our series on the Core Principles of the Profit First for Dentists method. Let’s focus on the last principle: Enforce a Rhythm.
Dentists often find...
There is a reason why sequence matters when it comes to your practice finances. In fact, this is the second core principle of Profit First for Dentists.
The Primacy Effect
First, let's talk about...
There are five Core Principles of Profit First for dental practices, and the first is known as the 'Small Plates' principle.
Let's cover some background information to provide context. In the early...
Dentists work hard, their dedication is remarkable and they deserve fair compensation, which, unfortunately, isn't always the reality.
Let’s understand how fair compensation can be achieved...
Dreaming about paying off your debts and selling your practice? Paying off debt not only removes a huge weight off of your shoulders as a dental practice owner, but it also sets you up for a...
Principle number 3 of the Profit First for Dentists system is to remove temptation.
Once an entrepreneur begins to fund the Profit Account and the Tax Account, money will begin to accumulate. ...
Here we are at the last blogpost in this series, The Business of Owning a Dental Practice. I can’t believe it’s been nine weeks now. Thanks for hanging with me and...
Hey there!
Today I’m going to share something very important for you, your business, and your patients. Your patients need you to be profitable. To be profitable means to be successful,...