Summit Recap, Elastic Invisalign Pricing, You’re The Bottleneck
The Bulletproof Dental Podcast Episode 353
HOSTS: Dr. Peter Boulden and Dr. Craig Spodak
DESCRIPTION
On this Episode we’re re-capping our 2024 Bulletproof Summit- the energy and feedback, importance of paying attention to one’s body, and the need for educational platforms and team-building events. We also discuss the challenges of being a business owner and feeling overwhelmed, as well as the importance of team engagement and buy-in. We’ll shift to pricing strategies and the concept of designing fees based on desired earnings and the importance of setting fees based on what you want to earn and not just following industry standards. The conversation touches on the challenges and constant learning involved in dentistry, as well as the importance of investing back into the business to create more capacity and serve the community better.
TAKEAWAYS
- The summit was a highly energizing and successful event, with positive feedback from attendees.
- Paying attention to one’s body and incorporating practices like biohacking can enhance overall well-being and performance.
- There is a need for educational platforms and team-building events specifically designed for dental teams.
- Business owners often feel overwhelmed and become the bottleneck in their own progress. Engaging and empowering the team is crucial for growth.
- Pricing strategies should be based on desired earnings and the value provided, rather than arbitrary benchmarks.
- Designing fees with first principles thinking can lead to better profitability and case enrollment. Set your fees based on what you want to earn, not just industry standards
- Be less egoic about your fees and more realistic about your income goals
- Having a community of like-minded individuals is invaluable for collaboration and feedback
- Dentistry is a constant learning process and there is always more to learn and improve upon
- Investing back into your business can create more capacity and better serve the community
CHAPTERS
00:00 – The Energizing and Successful Summit Experience
03:19 – The Need for Dental Team Educational Platforms
08:59 – The Role of the Business Owner in Growth
13:44 – Designing Fees Based on Desired Earnings
15:31 – Using First Principles Thinking in Fee Design
19:50 – Dynamic Pricing in Dentistry
22:20 – Challenges and Learning in Dentistry
27:26 – The Value of Community
33:52 – Investing Back into the Business
REFERENCES
Blog
, June 15, 2023
, June 8, 2023
, May 31, 2023
Look at These 3 Stats if You’re Thinking of Going Out of Network with Teresa Duncan
, January 11, 2023
, December 28, 2022
Knowing What You Don’t Want with Judy Kay Mausolf of Culture Camp and Erika Pusillo
, November 30, 2022
Cabo This Week, Immersion Learning, Biggest Breakthroughs, Your Personal KPI is Net Worth
, November 2, 2022
, October 19, 2022
Business is not Productivity, Productivity is not Profitability with Chris Salierno
, September 22, 2021
3 Biggest Bottlenecks of an Entrepreneurial Dentist: PART 2 with Perrin DesPortes of TUSK Partners
