The Dentist Money™ Show

The Dentist Money™ Show

dentistadvisors.com
Dental industry experts join Reese Harper, CFP® to share insights dentists can use to make smart financial decisions. Visit DentistAdvisors.com for a complete list of episodes.


#239: Dolphins Who Get High on Puffer Fish Venom, a Real Estate Podcast
Jul 8 • 38 min
For you, real estate might seem like a mind-altering high. Or is it more like deadly venom? Because it’s quite possibly the most emotional asset one can own, a discussion on real estate seems to always draw a crowd. Real estate investments work for some…
#238: Is Your Advisor a Data Nerd or Just Taking Your Word?
Jul 1 • 34 min
On this episode of the Dentist Money™ Show, Ryan interviews Will Gochnour, a member of our Dentist Advisors advisory team. Data collection is at the heart of our holistic financial planning philosophy and provides the foundation for good financial…
#237: The Stress Test: How Enduring Volatile Markets Leads to Success
Jun 24 • 33 min
Investors are tense, the public seems restless. Where can you find financial calm when everything seems so unstable? On this episode of the Dentist Money™ Show, Reese and Ryan attempt to alleviate your anxiety. Feeling stress during times of volatility is…
#236: The Marketing “Don’ts” that are Killing Your Practice?
Jun 17 • 36 min
On this episode of the Dentist Money™ Show, Ryan interviews Minal Sampat, a dental industry marketing guru and the best-selling author of “Why Your Marketing is Killing Your Business.” There are many options for how to market your practice. How do you…
#235: What Dentists Want to Know — Listener Q&A #15
Jun 10 • 35 min
On this episode of the Dentist Money™ Show, Reese and Ryan discuss two listener questions about the future of the stock market. Changing market conditions have many people wondering if they should rethink what’s included in their investment portfolios. Is…
#234: How to Determine if Your Retirement Goals Are on Track
Jun 3 • 37 min
On this episode of the Dentist Money™ Show, Reese and Ryan look into what it takes to become financially independent. “When can I retire?” is a question financial planners are often asked. Some try to provide a simple answer, but there’s a complexity to…
#233: The #1 Reason You Should Have a Qualified Retirement Plan
May 27 • 39 min
On this episode of the Dentist Money™ Show, Reese and Ryan discuss the nuts and bolts of the most common qualified retirement plans. Because of the different levels of dental and specialist practices, deciding which qualified retirement plan is the right…
#232: What Dentists Want to Know — Listener Q&A #14
May 20 • 37 min
On this episode of the Dentist Money™ Show, Reese and Ryan once again answer your questions. Decisions about finances, taxes, legal issues, insurance, and real estate all have a major effect on the trajectory of your net worth. Your finances are much more…
#231: What COVID Has Revealed About Investor Biases
May 13 • 40 min
On this Dentist Money™ Show, Reese and Ryan take a quick look back … and a long look ahead as they discuss the effects of COVID on the stock market, on the dental community, and on themselves. Will a new mindset about money affect your decisions as an…
#230: Before You Defer Your Mortgage Payments, Listen to This
May 6 • 38 min
On this episode of the Dentist Money™ Show, Ryan interviews a 20-year veteran of the home loan industry, Tim Peterson of Cornerstone Home Lending. Federal stimulates have resulted in low, low interest rates causing some to wonder if now is a good time to…
#229: Insurance: What You Need and What You Don’t
Apr 29 • 38 min
On this Dentist Money™ Show, Reese and Ryan examine virtually every insurance policy a dentist might need. As a dentist, you have to manage business risks, as well as think about how to preserve your income in case of something unexpected. You may want to…
228: Can You Keep Your Cool When Things Ain’t Cool?
Apr 22 • 36 min
On this episode of The Dentist Money™ Show, Reese and Ryan take a look at the real reasons people end up hoarding during panics. Or more to their point, when markets are diving and your net worth is shrinking, how can you stifle the impulse to push your…
#227: How Dentistry Will Likely Change in the Aftermath of COVID-19
Apr 15 • 39 min
On this episode of the Dentist Money™ Show, Ryan interviews BJ Sorensen, Senior Manager of Marketing Strategy and Research at Ultradent. While we may have a front-row seat to the economic effects of COVID-19, BJ’s job is to understand how current trends…
#226: 4 Tips to Stay Ultra Productive During Quarantine
Apr 8 • 36 min
On this episode of the Dentist Money™ Show, Ryan interviews Kiera Dent of The Dental A-Team. A well-known dental practice coach, Kiera has numerous ideas for what you can do today to make your practice better tomorrow. Get to know The A-Team’s four…
225: April Fools: Don’t Get Tricked into These Financial Blunders
Apr 1 • 34 min
For an April Fools Day episode of the Dentist Money™ Show, Reese and Ryan take a close look at financial mistakes that can make you feel like a money management moron. It’s been said, “Wise men learn by other men’s mistakes. Fools by their own.” On this…
#224: Don’t Let Social Distance Keep You from Building Your Practice
Mar 25 • 37 min
On this episode of the Dentist Money™ Show, Ryan interviews Dr. Brian Harris, the founder of Smile Virtual, a leader in virtual consultations. Have you considered that the mindset you take during this economic pause may result in how well your practice…
#223: Answered: Current Questions About COVID-19 and Markets
Mar 18 • 40 min
The effect of COVID-19 on the economy has resulted in a major market downturn. On this episode of the Dentist Money™ Show, Reese and Ryan provide answers to the financial concerns they’ve been hearing from clients and others. It’s a pragmatic look at…
#222: The Difference Between Holistic Planning and Asset Management
Mar 11 • 38 min
It’s a Dentist Money™ Show first as Ryan interviews Matt Mulcock, one of our own advisors. Ryan asks Matt what it was like to work at a large money-management firm. It’s a one-of-a-kind episode as Matt compares the differences between Dentist Advisors’…
#221: Are PPOs Worth the Hassle?
Mar 4 • 39 min
On this episode of the Dentist Money™ Show, Ryan interviews Matt Hironaka of Unitas PPO Solutions. Do you need help evaluating your PPO participation? Are you involved with PPOs and want to improve reimbursements? Or are you wondering if you can negotiate…
#220: What Dentists Want to Know — Listener Q&A #13
Feb 26 • 36 min
The last Q&A episode of the Dentist Money™ Show was several months ago. Since then the pile of good questions has grown, and we’ve picked a couple interesting winners. “How do you deal with management issues that are part of working in a big DSO? Should…
#219: Why a 10% Savings Rate Won’t Cut it for a Dentist
Feb 19 • 40 min
On this episode of the Dentist Money™ Show, Reese and Ryan put Savings Rate (Sr) under the Elements® microscope. And they dive deep into the many reasons why it’s so closely tied to both your debt and your ability to invest throughout your career. Savings…
#218: How to Put on a “Happy Face” and Really Mean It
Feb 12 • 40 min
On this episode of the Dentist Money™ Show, Reese interviews Dr. Brian Anderson, founder of the 5,500+ member Facebook group, Orthodontic Pearls. Brian is a popular speaker known for the sincerity he brings to his message of finding positive purpose in…
#217: The Pros and Cons of Dental Partnerships
Feb 5 • 36 min
On this episode of the Dentist Money™ Show, Reese and Ryan answer the question: “As I’m choosing a partner, what would you recommend that would be different from running a solo practice?” Not a question with a quick or easy answer … but a question many…
#216: How to Connect Your Profits to a Higher Purpose
Jan 29 • 42 min
On this episode of the Dentist Money™ Show, Ryan interviews Jayme Amos, founder of Ideal Practices, a leader in helping dentists create successful startup practices. Jayme reveals how his own business found an altruistic vision that added greater personal…
#215: Dental Economics Editor Explains “How to Make Greater Profits”
Jan 22 • 42 min
On this episode of the Dentist Money™ Show, Ryan interviews well-known lecturer Dr. Chris Salierno, chief editor of Dental Economics. Their wide-ranging discussion covers topics from how to publish content to how to control your overhead to why Chris…
#214: Our Answers to “9 Questions to Ask a Financial Advisor”
Jan 15 • 44 min
On a recent podcast, Reese and Ryan offered Dentist Money™ Show listeners nine good questions to ask financial advisors. Many listeners then turned the tables and said, “OK guys, how about giving us your answers!” Don’t miss this episode as Reese and Ryan…
#213: A Simple Marketing Secret You Need to Know
Jan 8 • 37 min
On this episode of the Dentist Money™ Show, Ryan interviews Michael Anderson and Laura Maly of the Wonderist Agency, a full-service dental marketing agency. In this timely interview, Michael and Laura explain why finding an authentic message about what…
#212: Why There’s More to ROI Than You Think
Jan 1 • 39 min
“What are your returns?” It’s one of the first questions most people looking for a financial advisor ask. But is it the right question? In this episode of the Dentist Money™ Show, Reese and Ryan talk about what other questions may prove more insightful.…
#211: How Charitable Giving Improves Your Financial Health
Dec 25, 2019 • 43 min
Is there a correlation between personal financial security and charitable giving? Reese and Ryan reflect on the gifts the giver receives on this Christmas Day episode of the Dentist Money™ Show. The dental community has an impressive record of giving both…
#210: Clearing Up Confusion About Mutual Funds, Index Funds, and ETFs
Dec 18, 2019 • 40 min
In this episode of the Dentist Money™ Show, Reese and Ryan discuss both the differences and the similarities between mutual funds, index funds, and ETFs (Exchange Traded Funds). Find out why choosing the right funds for your portfolio doesn’t have to be…
#209: Does Process Beat Persistence?
Dec 11, 2019 • 44 min
Why do good processes always beat persistence and good intentions? In this episode of the Dentist Money™ Show, Reese and Ryan discuss how to establish processes that can ensure you finish all of the financial planning jobs you need to do. When it comes to…
#208: Every Dentist Faces These 3 Risks
Dec 4, 2019 • 40 min
Understanding how your personality affects your choices can be difficult. In this episode of the Dentist Money™ Show, Reese and Ryan talk about what you can do to make more rational decisions. If you feel like “what am I doing with my life?” you may not…
#207: How to Turn Your Employees into Teammates
Nov 27, 2019 • 44 min
Trying to create an exceptional team—one with positive energy and enthusiasm? On this episode of the Dentist Money™ Show, Reese and Ryan discuss typical organizational dysfunctions that may be keeping your employees from working together as a unit. Can…
#206: 5 “Musts” Before Buying a Practice
Nov 20, 2019 • 40 min
On this episode of the Dentist Money™ Show, Ryan interviews Brian Hanks, author, podcast host, and buyer advocate for dentists looking to purchase a practice. Buying a practice is a life-altering decision—and it’s one you need to get right. Ryan and Brian…
#205: Are You Smart? Or Did You Just Get Lucky?
Nov 13, 2019 • 39 min
James Taylor, Clark Griswald, and Lady Luck all get a mention in this episode of the Dentist Money™ Show—although (as you might guess) the lady wins most of the attention. Having the stars align, finding your pot-o-gold, or just plain luck can play a role…
#204: Scary Tales of a Dentist’s Financial Troubles
Nov 6, 2019 • 42 min
On a Halloween edition of the Dentist Money™ Show, Reese and Ryan talk about some of the spooky things about finances that tend to scare people—things that might not actually be all that frightening. Then they turn their attention to the things that…
#203: Here’s How to Control Your Spending Without Budgeting
Oct 30, 2019 • 40 min
What do Hurricane Iniki, wild chicken, and your spending have in common? A recent trip has Ryan pondering hurricanes, wild chicken, and how he spent his vacation money. And, on this episode of the Dentist Money™ Show, he and Reese talk about why, once…
#202: Tax Savings Strategies for the New Tax Code
Oct 23, 2019 • 42 min
Does the new tax law mean you need a new tax strategy? On this episode of the Dentist Money™ Show, Reese interviews Morgan Hamon, partner with HDA Accounting Group, a dental-specific CPA firm. A new tax law was passed in 2018. Do you know how it affects…
#201: Why in the World Would I Hire a Financial Advisor?
Oct 16, 2019 • 46 min
On this episode of the Dentist Money™ Show, Reese and Ryan discuss the real role of a “financial advisor.” To achieve financial health while growing your net worth, a specific set of planning items need to be completed. Today, with so many people selling…
#200: A Quick Look Back and a Long Look Forward
Oct 9, 2019 • 44 min
On the 200th episode of the Dentist Money™ Show, Reese and Ryan take a quick look at where we’ve been, and then take a long look forward. And some of their prognostications may startle you. How will the large number of women entering dentistry change the…
#199 - Colin Carr, Real Estate Just for Dentists
Oct 2, 2019 • 46 min
Colin Carr, founder of CARR, is Reese’s guest on this episode of the Dentist Money™ Show. Colin describes the “aha” moment when he knew good representation was needed to protect dentists from getting taken advantage of in real estate deals. Plus you’ll…
#198: A 40,000 Foot View of Your Practice
Sep 25, 2019 • 45 min
On this episode of the Dentist Money™ Show, Reese and Ryan discuss how your perception of success might be a little misguided. Do you wonder if the size and scale of your practice are big enough? While the stress and pressure you may be feeling are real,…
#197: A Social Media Master Shares His Secrets
Sep 18, 2019 • 37 min
In an episode that could be described as “everything you wanted to know about the current state of social media,” Ryan interviews Blake McClellan, CEO of Implant Compare and ringleader of the Dental Influencers Alliance. Blake explains how the future of…
#196: Is the “Tax Tail” Wagging Your Investment Dog?
Sep 11, 2019 • 46 min
Taxes annoy dentists. They bother most people, but they really seem to irritate dentists. On this episode of the Dentist Money™ Show, Reese and Ryan explain why you may need to rethink your approach if your contempt for taxes affects the way you invest.…
#195: Your Monthly Regimen for Good Financial Health
Sep 4, 2019 • 43 min
How often do you examine some of the important things in your life—your physical health, oral health … financial health? On this episode of the Dentist Money™ Show Reese and Ryan discuss the calendar of financial treatments called Elements® that Dentist…
#194: Money Tips from the Founder of Dental Investment Group
Aug 28, 2019 • 43 min
What happens when two dental industry financial gurus get together to chat? Find out on this episode of the Dentist Money™ Show as Reese interviews Sunny Pahouja, full-time dentist and founder and moderator of the popular Dental Investment Group on…
#193: The Meat & Potatoes of Stock Market Investing
Aug 21, 2019 • 50 min
The markets are (once again) a bit jumpy. What to do, what to do? On this episode of the Dentist Money™ Show, Reese and Ryan get into the meat and potatoes (well steak and sweet potatoes) of what’s going on as they discuss the three staples of smart…
#192: What Dentists Want to Know — Listener Q&A #12
Aug 14, 2019 • 41 min
It’s been a while since the last Q&A episode of the Dentist Money™ Show and there’s a lot on our listener’s minds. You’ll get the scoop on how much typical dentists really earn. Plus, you’ll want to hear the lively discussion between Reese and Ryan on…
#191: Your Estate Planning Wake-Up Call
Aug 7, 2019 • 49 min
On this episode of the Dentist Money™ Show, Reese interviews Brent Andrewsen, estate planning expert at the Kirton McConkie law firm. As a practice owner with a growing net worth, you’re probably aware that you should do some basic estate planning. Reese…
#190: What’s Your Happiness Index?
Jul 31, 2019 • 47 min
A once-in-a-lifetime trip to Mongolia provides the backdrop for this episode of the Dentist Money™ Show as Reese shares his recent experience. He and Ryan talk about the relationship between work, family, and living a happy life. They compare happiness…
#189: Do Your Kids Know the Value of a Dollar?
Jul 24, 2019 • 49 min
From the types of jobs available, to the way we pay for stuff, and our ability to buy anything online — the money paradigm has shifted dramatically in one short generation. On this episode of the Dentist Money™ Show, Reese and Ryan share ideas for…
#188: How Practice Analytics Are Changing the Game
Jul 17, 2019 • 64 min
Ryan’s guest on the Dentist Money™ Show is Weston Lunsford, founder of Dental Intelligence. Weston explains how measuring real-time data improves practice performance and reveals where additional revenue can often be found. Analytics are changing…
#187: Rise of the Machines: The Power and Limits of Financial Apps
Jul 10, 2019 • 44 min
Good financial planning requires careful thought around hundreds of jobs. On this episode of the Dentist Money™ Show, Reese and Ryan talk about which of those jobs can be accomplished by apps and/or computers, and which still require the human brain. As…
#186: Major Dilemma: Buy a House or Grow a Practice?
Jul 3, 2019 • 43 min
Is getting into that perfect home on your mind? On this episode of the Dentist Money™ Show, Reese and Ryan talk about why that’s such a big decision—and why it can affect your effort to build the ideal practice. Mixing thoughts about a new home when…
#185: The 4 Ingredient Recipe to Optimal Wealth Building
Jun 26, 2019 • 48 min
On this episode of the Dentist Money™ Show, Reese and Ryan take on a question that many dentists often ask themselves: “Am I putting my money in the right places?” When asset building, your money can only go into one of four places—liquid assets,…
#184: Why Stock Market Curve Balls Are Getting Easier to Hit
Jun 19, 2019 • 41 min
On this episode of the Dentist Money™ Show, Reese and Ryan talk about why Ted Williams, the last baseball player to hit over .400, wouldn’t be able to do it today. Increased access to information has changed baseball, and it has narrowed outcomes when it…
#183: Turn Your Biggest Expense Into Your Best Investment
Jun 12, 2019 • 44 min
Reese’s guest on the Dentist Money™ Show is Laura Hatch. Founder of Front Office Rocks, Laura has plenty of advice on how your staff can quickly improve the way they serve your clients. When the phone rings, or when patients come to your office, is your…
#182: The Wealth Building Version of a Superfood Diet
Jun 5, 2019 • 41 min
On this episode of the Dentist Money™ Show, Reese and Ryan offer some food for thought (or at least offer some thoughts about food) as they talk about how focusing on calories and superfoods is comparable to growing net worth. With their current diets top…
#181: How to Solve Your Student Debt Dilemma
May 29, 2019 • 49 min
Reese’s guest on the Dentist Money™ Show is Travis Hornsby, founder of StudentLoanPlanner.com. On this episode, you’ll find out why your attitude towards debt may need some adjusting. From federal loans vs private loans to why interest rates alone…
#180: What Dentists Want to Know — Listener Q&A #11
May 22, 2019 • 36 min
What’s on the minds of Dentist Money™ Show listeners? Well, real estate for one. In this episode, Reese and Ryan explain the difference between the actual return investors get on real estate versus the return they think they’re getting — and they’ll show…
#179: Why Owning a Practice Might Not Be for You
May 15, 2019 • 34 min
Is the decision to buy a private practice as significant as the one you make to get married or have a child? According to Paul Goodman (the Dental Nacho), Reese’s guest on this episode of Dentist Money™, buying a practice may have more influence on your…
#178: Game Over: Common Traps That Kill Financial Progress
May 8, 2019 • 46 min
Scorpions, snakes, and tar pits. Or how to avoid financial booby traps during your career. On this episode of the Dentist Money™ Show, Reese and Ryan look at some of their favorite video games and liken their dangers to the financial pitfalls you might…
#177: Management Advice from a Successful College Dropout
May 1, 2019 • 40 min
Reese’s guest on the Dentist Money™ Show is Jordon Comstock, founder of BoomCloud Dental Membership Software. On this episode, you’ll learn about the impact of in-house membership programs. While new clients and an additional revenue stream sound good,…
#176: Your Best Investment Could Use Some Attention
Apr 24, 2019 • 44 min
On this episode of the Dentist Money™ Show, Reese and Ryan examine why too many dentists concentrate on investments that pull them away from their core money-making machine: their practice. You paid a huge price for a dental degree and the opportunity to…
#175: Embezzlement Warning Signs You Need to Know
Apr 17, 2019 • 49 min
Ryan takes the mic on this Dentist Money™ podcast. His guest is David Harris, founder of Prosperident, a security firm that specializes in solving dental fraud. If you think embezzlement won’t happen to you, statistics show it’s highly likely to occur…
#174: Where Vanguard Really Stands on Using an Advisor
Apr 10, 2019 • 51 min
Vanguard founder, John Bogle, is known for giving individual investors access to the market through low-cost index funds. Recent Vanguard studies show how guidance from an investment advisor can lead to significantly better returns. So what’s the right…
#173: How to Get High-Cost Treatment Cases to Say “Yes”
Apr 3, 2019 • 43 min
Today, Reese welcomes Dave Roehr to the Dentist Money™ podcast. Dave is CEO of Proceed Finance, a company that specializes in affordable financing for patients thinking about cosmetics or other large treatment cases. Many patients want or even need,…
#172: Good News for People Who Like Bad News
Mar 27, 2019 • 50 min
War, terrorism, natural disasters, economic uncertainty. On this episode of the Dentist Money™ Show, Reese and Ryan discuss the type of news that drives ratings, and the impact it can have on our decision making. They discuss perception versus reality and…
#171: Here’s Where Your Profits are Hiding
Mar 20, 2019 • 44 min
Reese’s guest on this episode of Dentist Money™ is Elijah Desmond. Well-known for his Smiles at Sea CE Cruise conferences, Elijah talks about his entrepreneurial pursuits and offers a unique viewpoint on the many opportunities in dentistry. Having started…
#170: Crystal Ball Predictions from Dentistry Experts
Mar 13, 2019 • 51 min
On this Dentist Money™ show, Reese and Ryan take time out to interview several well-known dental industry leaders at the Voices of Dentistry Summit. Experts from Kleer, Inspired Hygiene, Wonderist Agency, and others, chat with Reese and Ryan, and offer…
#169: Dentistry is Changing. Where Do You Fit?
Mar 6, 2019 • 53 min
On this episode of Dentist Money™ Reese and Ryan take a closer look at the dental industry and the growing opportunities within it. As the industry evolves, a diverse set of new jobs are becoming available. Reese and Ryan talk about why it’s important to…
#168: Chicago’s Pediatric Dentist for the Pros
Feb 27, 2019 • 30 min
Reese’s special guest on this episode of Dentist Money™ is Dr. Grace Yum. Recorded at the Voices of Dentistry Summit, this interview follows Dr. Yum’s journey from hygienist to an owner of two lucrative practices in Chicago. She explains the strategy she…
#167: What Dentists Want to Know — Listener Q&A #10
Feb 20, 2019 • 42 min
What’s on the mind of Dentist Money™ Show listeners? Well, with so many choices in dentistry, and so many young dentists wondering, Reese and Ryan weigh in on “favorite location” vs. “best opportunity.” You’ll also discover more about “momentum investing”…
#166: Scared Straight: Why Documenting Your Work is Critical
Feb 13, 2019 • 47 min
Reese welcomes special guest Roy Shelburne on this episode of Dentist Money™. A popular conference presenter, Roy takes time from a busy schedule to tell his fascinating story. From spending 36 years building a successful practice to federal prison, it’s…
#165: Live from the Voices of Dentistry Podcast Summit
Feb 6, 2019 • 40 min
Live from Phoenix, Arizona, it’s Satur … the Dentist Money™ Show starring Reese Harper and Ryan Isaac! Enjoy this Dentist Money™ first — a full podcast recorded before a live audience. Using a few astute observations from comedian Steve Martin to theme…
#164: The 3 P’s of Reducing Common Financial Regrets
Jan 30, 2019 • 43 min
On this episode of Dentist Money™ Reese and Ryan get philosophical as they discuss a list of typical regrets people feel when they get older. No one wants to feel regrets, but somehow everyone ends up with at least one or two. With so many people…
#163: What Cows Can Teach You About Tough Markets
Jan 24, 2019 • 48 min
On this episode of Dentist Money™ Reese and Ryan provide coaching to help you keep your emotions in check when there’s turbulence in the markets. Creating wealth over the long haul takes patience and a solid focus on your overall goals. That’s easier said…
#162: A Dental Coach and a Financial Advisor Walk into a Podcast
Jan 16, 2019 • 56 min
A thought-provoking conversation between a financially inquisitive dentist and a wealth advisor. Reese’s guest on this episode of Dentist Money™ is Dr. Richard Low, host of the Shared Practices Podcast. With two podcast hosts asking each other questions,…
#161: What Dentists Want to Know - Listener Q&A #9
Jan 9, 2019 • 44 min
What’s on the mind of Dentist Money™ Show listeners? Well taxes for one—especially as another year just ended and filing is just around the corner. And you’ll want to hear if the interest rate on your debt makes any difference between paying down loans or…
#160: Get Ready for a Fight Over Practice Ownership
Jan 2, 2019 • 46 min
Jason Wood is Reese’s special guest on this Dentist Money™ Show. Jason’s law firm, Wood & Delgado, specializes in helping dentists with a wide variety of dental-related legal issues. In this episode, Reese asks Jason to look into future and project what…
#159: The Word Steve Jobs and Warren Buffett Use to Measure Success
Dec 26, 2018 • 49 min
On this episode of Dentist Money™ Reese and Ryan reveal what it takes to get on, and then stay on, your optimal path for wealth creation. There’s one critical word that both Steve Jobs and Warren Buffett said will give you powerful decision-making…
#158: Borrow Against Your Life Insurance Policy: Yes or No?
Dec 19, 2018 • 45 min
The “Controversial Opinion Alert” sign is up and flashing for Reese and Ryan’s discussion on this episode of Dentist Money™. Everyone knows there’s a place for life insurance in estate planning - but is there really a “secret sauce” that makes life…
#157: Award Winning CEO of Cotopaxi Shares the Rule of 3’s
Dec 12, 2018 • 48 min
On this episode of Dentist Money™, Reese interviews Davis Smith, CEO, and Founder of Cotopaxi, one of the world’s fastest-growing outdoor gear brands. Davis shares his experiences and advice on what it takes to build a fulfilling and profitable business -…
#156: 3 Critical Ingredients for Your Decision Making Recipe
Dec 5, 2018 • 49 min
You hear it at the beginning of every show: “We help dentists make smart financial decisions.” In this episode of Dentist Money, Reese and Ryan (with a shout out to Benjamin Franklin), dive into the decision-making process. You’ll learn how a combination…
#155: What Dentists Want to Know — Listener Q&A #8
Nov 28, 2018 • 44 min
Individual stocks, do they have a place inside your investment portfolio? What’s on the mind of the Dentist Money™ Show listeners? You’re about to find out! Listen as Reese and Ryan talk about individual stocks and where they might fit in your overall…
#154: Reducing Year End Taxes Could Be as Easy as 1-7-9
Nov 21, 2018 • 51 min
Reese’s guest on this Dentist Money™ show is Jonathan VanHorn, owner of DentistMetrics, a national CPA and accounting firm that helps dentists reduce their tax burden. With 2018 almost in the books, taxes may be on your mind. On this episode, Reese and…
#153: What are the Hidden Costs of Timing the Market?
Nov 14, 2018 • 58 min
On this episode of Dentist Money™, Reese and Ryan discuss the difference between thinking you’re in control—and actually being in control. They examine, how acting on that impulse can lead to poor financial performance and the emotional cost of market…
#152: The Top 10% of Dentists Have This in Common
Nov 7, 2018 • 45 min
Dr. Justin Short, founder and creator of “The Lifestyle Practice,” and co-author of the new book “The Titans of Dentistry: How the Top Performers Think and Act Differently,” is Reese’s guest on this episode of Dentist Money™. Reese and Justin discuss the…
#151: How Fast Should Your Net Worth Grow?
Oct 31, 2018 • 51 min
One simple formula can bring your entire financial picture into focus. Do you know what it is? On this episode of Dentist Money™, Reese and Ryan discuss an English Friar, the Principle of Parsimony, why Reese hates peacocks—and why tracking your net worth…
#150: How to Avoid Becoming a “Drive By” Dental Practice
Oct 24, 2018 • 40 min
On this episode of Dentist Money™, Reese and Ryan discuss how dentists can successfully position practices to “know what they are not” - and how to avoid becoming a “drive-by” dental practice. Plus, they discuss ways to build a thriving team, celebrate…
#149: Are Uninsured Patients the Key to Boosting Profitability?
Oct 17, 2018 • 39 min
On this episode of Dentist Money™, Reese interviews Dave Monahan, CEO of Kleer. Dave offers his expert take on why uninsured patients are avoiding the dentist because they overestimate the cost of treatment, and how implementing subscription pricing can…
#148: What the Heck Does “Financial Planning” Even Mean?
Oct 10, 2018 • 52 min
In this episode of Dentist Money™ Reese and Ryan discuss how financial planning services are still in their infancy, and why so many advisors misuse the word “planning.” They also discuss the building blocks of a comprehensive plan. And, since financial…
#147: Profitability Advice from a Dental-Specific CPA
Oct 3, 2018 • 50 min
Morgan Hamon, founder of HDA Accounting Group, is Reese’s guest on this episode of Dentist Money™. By focusing his firm’s tax, accounting, and consulting services solely on dentists, Morgan has gathered valuable benchmarking data to measure key…
#146: Can NBA Analytics Revolutionize Your Personal Spending Plan
Sep 27, 2018 • 51 min
Are you ignoring the most effective shot in your financial planning arsenal? In this episode of Dentist Money™ Reese and Ryan discuss how to rethink your approach to personal spending by using the money-ball analytics behind the NBA’s recent 3-point…
#145: 6 Secrets to Hearing “Yes” from Your Patients More Often
Sep 19, 2018 • 46 min
Dr. Chris Phelps, a best-selling author and the only dentist with Cialdini Method Certified Trainer credentials, is Reese’s special guest on this episode of Dentist Money™. In this show he and Reese explore six ways to positively persuade people when…
#144: What Dentists Want to Know — Listener Q&A #7
Sep 12, 2018 • 47 min
Are we in a Bull market? How do you know it’s a Bear market? Reese and Ryan help define these overused terms, and show how a long- or short-term investment attitude really shapes the definition. And since they’re defining terms, they also discuss net…
#143: Are You Addicted to “The New Patient Fix?”
Sep 5, 2018 • 43 min
In this episode of Dentist Money™ Reese interviews Dr. Rich Madow, co-founder of The Madow Center for Dental Practice Success, host of TBSE (The Best Seminar Ever), successful author, highly-entertaining speaker, and award-winning composer. Reese and Rich…
#142: The Naked Truth About Being Afraid
Aug 29, 2018 • 50 min
What do sharks, snakes, surfing, and mosquitoes have in common? In this episode of Dentist Money™ you’ll find out as Reese and Ryan talk about scary things that make you worry at the expense of other things you should be more concerned about. Of course…
#141: Could Increasing Speed and Patient Count Hurt Your Production?
Aug 22, 2018 • 46 min
Reese interviews Dr. Bruce Baird, practicing dentist and Founder and President of the Productive Dentist Academy. If you think being more productive means increasing your speed and adding more patients, you need to hear Dr. Baird’s practical advice. He’s…
#140: The Top Financial Concerns from a Poll of Top Dentists
Aug 15, 2018 • 49 min
Are you struggling with the same financial challenges as other dentists? Reese recently posted a survey in a popular online dental forum asking dentists what they were most concerned about when it came to their finances. In this episode of Dentist Money™…
#139: How the Editor of Dental Economics Manages His Practice
Aug 8, 2018 • 47 min
In this episode of Dentist Money™ Reese interviews Dr. Chris Salierno, chief editor of Dental Economics magazine and international lecturer. You’ll hear why the days of passive practice ownership are over. You’ll also learn about resources that can help…
#138: Do Big Pension Fund Investors Know Something You Don’t
Aug 1, 2018 • 44 min
Does it make sense for you to invest like big pension fund managers? The answer may surprise you. In this episode of Dentist Money™ Reese and Ryan take a close look at how investments for large endowments are managed. You’ll hear about the mix of assets…
#137: Feeling Isolated? Here’s How to Build a Network of Dental Amigos
Jul 25, 2018 • 49 min
According to the Dental Amigos, Robert Montgomery and Dr. Paul Goodman, “Dentistry can be a lonely profession without good friends.” In this fast-paced episode of Dentist Money™, Reese, Robert, and Paul cover everything from servicing student debt to…
#136: What Dentists Want to Know — Listener Q&A #6
Jul 18, 2018 • 47 min
Reese and Ryan knock out another round of questions on this Q&A episode of Dentist Money™. Hear their advice on what to look for in companies that provide after-tax investment services. And, in the always a “hot topic” category, you’ll hear them discuss…
#135: Surprisingly Effective Ways to Communicate with Your Staff
Jul 11, 2018 • 46 min
Katherine Eitel Belt is CEO of LionSpeak, a communications coaching company, and she is Reese’s guest on this episode of the Dentist Money™ Show. An international keynote speaker, author and coach, Katherine is known for her non-traditional approach to…
#134: Are You Paying for Generic Advice You Could Get for Free?
Jul 4, 2018 • 53 min
It’s time for Reese to take the hot seat as we switch things up a bit for this episode of Dentist Money™. Dr. Russell Kirk takes the lead and interviews Reese for The Business of Dentistry podcast. Enjoy a different point-of-view as Dr. Kirk asks the…
#133: Here’s What’s Wrong with Your Investment Risk Profile
Jun 27, 2018 • 50 min
Did it really set your savings plan on the right trajectory, or did it simply cover your advisor’s butt in case you weren’t happy with the eventual returns? In this episode of Dentist Money™, Reese & Ryan talk about an Element called Equity Rate from our…
#132: What Dentists Want to Know — Listener Q&A #5
Jun 20, 2018 • 47 min
Do wealthy people offer the best financial advice? What benefits should I offer my employees? Remodel my home or buy a new one – what’s the right choice? You’ll hear Ryan list four types of people Forbes says you should avoid taking advice from — it might…
#131: Pros and Cons of a Scratch Start vs Acquisition
Jun 13, 2018 • 53 min
Jayme shares with Reese how personality traits should be factored into business decisions. And he discusses the important differences between starting a practice from scratch, or purchasing an existing practice. As an expert on work/life integration,…
#130: Why a Cheap 401(k) Provider Will Eventually Cost You More
Jun 6, 2018 • 49 min
By ignoring your office retirement plan, are you making a seven-figure mistake? On this Dentist Money™ Show, Reese and Ryan talk about qualified retirement plans and why a yearly review makes such a huge difference. You’ll hear why the cheapest 401(k)…
#129: Peak Practice Performance Starts With This
May 30, 2018 • 47 min
It’s one of the biggest problems that keeps struggling practices from succeeding. On this episode of the Dentist Money™ Show, Patty Ricard, dental practice manager, consultant and life coach, addresses a common issue in office management, and shares her…
#128: What Are Your Best Options for Passive Income?
May 23, 2018 • 47 min
How will you create cash flow that requires minimal effort? On this Dentist Money™ Show, Reese and Ryan discuss something people love to daydream about – passive income. You’ll hear how real estate measures up to other passive income options and learn…
#127: What You Need to Know Before You Expand Your Practice
May 16, 2018 • 37 min
How did this dentist go from associate to a 28-operatory multi-speciality practice? In this episode of Dentist Money™, Reese interviews Dr. David Bender who shares how he expanded his services and built such a large scale operation. Dr. Bender talks about…
#126: What Dentists Want to Know — Listener Q&A #4
May 9, 2018 • 46 min
Reese and Ryan give their advice on what tax saving vehicles to use when paying kids; they discuss the right timing for hiring a financial advisor; plus they share their reasons why opening a private practice isn’t necessarily the right choice for every…
#125: Four Harmful Investment Behaviors and How to Avoid Them
May 2, 2018 • 49 min
What do guinea worms, selfies, and sharks have to with behavioral finance? You’ll be surprised how they fit together in this fascinating episode of Dentist Money™. Reese Harper, CFP® welcomes Dr. Daniel Crosby, psychologist, behavioral finance expert, and…
#124: Why Higher Practice Value Can Lead to Better Investment Returns
Apr 25, 2018 • 34 min
How does practice equity fit into your overall asset mix? As you build your net worth, do you consider how much your practice will contribute to your retirement? In this Dentist Money™ Show, Reese and Ryan explain how to prioritize your practice in…
#123: Will Transitioning to a DSO Make You More Money?
Apr 18, 2018 • 39 min
In this Dentist Money™ interview from the Dental Success Summit, Reese Harper, CFP® welcomes attorney Brian Colao, Director of Dykema’s Dental Service Organizations Industry Group. He explains when it makes sense to transition to a DSO, how ownership…
#122: How Much Disability Coverage Do You Need?
Apr 11, 2018 • 55 min
In this episode of Dentist Money™, Reese & Ryan discuss a financial indicator from the Elements® table called Insurance Rate, and the performance benchmarks calculated during a recent analysis for Dentist Advisors clients. They touch on a few…
#121: 4 Ways to Grow Your Practice with Social Media
Apr 4, 2018 • 38 min
In this interview at the Greater New York Dental Meeting, Reese Harper, CFP® interviews Jack Hadley, founding partner of My Social Practice and MBA professor of social media marketing. Jack explains how social media can be used to strengthen…
#120: What Dentists Want to Know — Listener Q&A #3
Mar 28, 2018 • 54 min
What’s on the minds of one Pedo and two GPs? Debt repayment, retirement plan consolidation, and equipment budgeting. And in this episode of Dentist Money™, Reese & Ryan address each of these listeners’ questions by reacting to a well-known blogger’s…
#119: What Would Happen if You Lost Your Office Manager?
Mar 21, 2018 • 43 min
Is your office manager irreplaceable? Or do you have systems in place to stay afloat if you had to find someone new? In this Dentist Money™ interview, Reese welcomes Kiera Dent, founder of Dental Masters and practice consultant for dentists across the…
#118: A Rant to Make You Rethink Target Date Funds
Mar 14, 2018 • 45 min
Have you looked into target date funds as an investment option? A lot of dentists are drawn to this seemingly safe, inexpensive, and low maintenance way to save for retirement. But there’s often a misunderstanding about why these funds exist and who…
# 117: The #1 Thing Dentists Wish They’d Known Before a Transition
Mar 7, 2018 • 25 min
In this episode of Dentist Money™ Reese Harper, CFP® welcomes Wayne Oplinger, Transitions Analyst at Benco Dental who shares the most common mistakes dentists make when going through transitions. He talks about the current state and future outlook of the…
#116 How Much Money Does a Dentist Need to Save?
Feb 28, 2018 • 42 min
How does your savings rate compare to other dentists? More importantly, how much money should YOU be putting away each month? In this episode of Dentist Money™, Reese and Ryan cover Savings Rate fundamentals and recap a few insights gained from this…
#115: Does Your Study Club Feel Like a Waste of Time?
Feb 21, 2018 • 38 min
How would you rate your study club experiences? Do they add real value or do they seem unproductive? In this episode of Dentist Money™, Reese welcomes Dr. Martin Mendelson, Executive Vice President of Client Services at Spear Education. In this interview,…
#114: What Dentists Want to Know — Listener Q&A #2
Feb 14, 2018 • 52 min
Do you have burning questions about your personal or practice finances? In this episode of Dentist Money™, Reese & Ryan respond to three dentists who submitted questions about office retirement plans, annuities, and “backdoor Roth” accounts. Advice…
#113: Here’s What’s Changed About Practice Management
Feb 7, 2018 • 33 min
In this episode of Dentist Money™ Reese Harper welcomes Penny Reed who explains how practice management has evolved over the past twenty-five years. Penny is a renowned speaker and author, and has coached dentists across the country to become more…
#112: Why You Need to Know Your Liquid Term
Jan 31, 2018 • 40 min
In this episode of Dentist Money™ Reese & Ryan dive into a calculation called “Liquid Term” from the periodic table of financial Elements® and recap findings from last month’s client performance analysis. They raise common questions around cash…
#111: How to Keep Your Practice from Hitting a Plateau
Jan 24, 2018 • 51 min
In this interview recorded at the Greater New York Dental Meeting, Reese welcomes Peter Shallard, Founder of Commit Action, and personal coach to entrepreneurs from Silicon Valley to Wall Street. Peter discusses the intersection of business and…
#110: What Dentists Want to Know — Audience Q&A #1
Jan 17, 2018 • 45 min
The listeners asked, and we responded. But it was mostly by email, and the people who asked the questions were the only ones who got the advice. So we had an idea: “Let’s choose the best financial questions from our loyal listeners and answer them on…
#109: Are You Investing in Your Practice’s Most Valuable Asset?
Jan 10, 2018 • 53 min
How would you rank the building blocks of a valuable practice? Are there certain assets within your business that carry more weight than others? In this episode of Dentist Money™ Reese welcomes Steven J Anderson, co-founder of Crown Council and the TOPS…
#108: This is Why Dentists Feel Too Busy
Jan 3, 2018 • 51 min
Has your schedule gotten away from you? Have you thought about hiring another dentist to help you shoulder the load? In this episode of the Dentist Money™ Show, Reese & Ryan discuss some of the most common reasons dentists feel overworked and underpaid.…
#107: How to Compare Your Tax Rate to Other Dentists
Dec 27, 2017 • 46 min
Are you sick of surprise tax bills? How do you know if you’re paying a fair amount for your level of income? In this episode of Dentist Money™, Reese & Ryan cover all things taxes including income calculations, common deductions, entity structure…
#106: The Truth About Annuities
Dec 20, 2017 • 50 min
Have you considered buying an annuity? Maybe you already have one. Either way, you should understand how they work and why a lot of people experience annuity remorse. In this episode of Dentist Money™, Reese & Ryan list ten things annuities and timeshares…
#105: Morning Routines that Will Make You a Better Practice Owner
Dec 13, 2017 • 43 min
In this episode of Dentist Money™, Reese welcomes Dr. David Maloley, owner of Vail Valley Dental Care and host of the Relentless Dentist Podcast. Dr. Maloley reflects on his journey from “deadbeat undergrad” to one of the most successful practice owners…
#104: When Will the Stock Market Bubble Burst?
Dec 6, 2017 • 35 min
When can we expect the next major market correction? Plenty of experts have weighed in recently as financial markets continue to expand. So who should you listen to? In this episode of Dentist Money™, Reese & Ryan evaluate headlines from major financial…
#103: Are You Tired of Insurance Companies Running the Show?
Nov 29, 2017 • 59 min
In this episode of Dentist Money™, Reese welcomes Gary Takacs, who explains how practices can thrive in a world of heavy handed insurance companies and the emergence of corporate dentistry. He also provides answers to questions like: When should I hire my…
#102: How Fast Should You Pay Off Your Loans?
Nov 22, 2017 • 56 min
Should you pay down debt or invest? The sum of student loans, practice loans, equipment loans, and real estate loans can seem insurmountable for a dentist. So what’s the right pace to chip away at them? In this episode of Dentist Money™, Reese & Ryan…
#101: Are You Thinking About Investing in Bitcoin?
Nov 15, 2017 • 54 min
What’s with all the Bitcoin hype? Is it here to stay? More importantly, is it a viable investment option? In this episode of Dentist Money™, Reese and Ryan explain the origin of Bitcoin and its emergence in the market over the past few years. They examine…
#100: How Much Insurance Does a Dentist Need?
Nov 8, 2017 • 49 min
Are you taking the right amount of risk with your money? Do you know how much life insurance you need? What about disability? Liability? Policy selection requires more than looking at your budget and deciding how much you can afford. In this episode of…
#99: Ask These Questions Before Investing in a Startup
Nov 1, 2017 • 46 min
Have you ever thought about investing in a startup? If you haven’t already, someday you’ll be approached to fund the next big thing. And maybe it’s the next Amazon.com. But before you hand over your cash, you’ll want to understand exactly what you’re…
#98: Don’t Get Caught Asking this Question About Financial Markets
Oct 25, 2017 • 52 min
There’s no such thing as a stupid question. In some cases it might just be the wrong question. And it’s not uncommon for dentists to ask the wrong question about financial markets. In this episode of Dentist Money™, Reese and Ryan explain one fundamental…
#97: 3 Big Decisions Dentists Should Never Rush Into
Oct 18, 2017 • 37 min
Have you ever made a big change to your business or financial plan out of frustration? When cash was tight, the market was down, or collections were stagnant, did you allow short term thinking to get in the way of long term goals? In this episode of…
#96: What You Need to Know About Financial Advisor Fees
Oct 11, 2017 • 46 min
What’s the best way to pay your financial advisor? How does fee structure affect performance? In this episode of Dentist Money™, Reese & Ryan explore the pros and cons of five compensation models and the outcomes you can expect from each one. They also…
#95: This is Why Dentists Spend Too Much Money
Oct 4, 2017 • 40 min
When is the last time you took a hard look at your spending habits? Do you wonder how your current lifestyle choices will affect your ability to retire comfortably? In this episode of Dentist Money™, Reese and Ryan discuss why it’s so easy for dentists to…
#94: The Reason You Should Treat Your Investment Portfolio Like a Dental Practice
Sep 27, 2017 • 41 min
What if you looked at your investment portfolio the same way you looked at your practice? Would it change the way you approached financial markets? In this episode of Dentist Money™, Reese and Ryan explain how the same principles used to build your…
#93: The Problem With Having Plenty of Cash
Sep 20, 2017 • 42 min
What does it mean to have financial health? Is it a thriving practice, plenty of income, or an abundant lifestyle? In this episode of Dentist Money™, Reese and Ryan approach the World Health Organization’s definition of health from a wealth-building…
#92: How to Stop Your Practice from Bossing You Around
Sep 13, 2017 • 44 min
Think back to the moment you decided to become a practice owner. What were your hopes and dreams? Did you have visions of freedom, financial upside, and personal fulfillment? Is it playing out like you thought, or has the vision become slightly blurred?…
#91: How a $2 Billion Private-Equity Fund Went Bust
Sep 6, 2017 • 46 min
How does brainpower impact your investment outcomes? Do smart people have the edge when it comes to recognizing the most lucrative opportunities? In this episode of Dentist Money™, Reese & Ryan highlight a major private equity fund that lost everything…
#90: 2 Big Bets Dentists Make that Delay Retirement
Aug 30, 2017 • 33 min
A bet is a bet whether you realize you’re making it or not. Are you letting your future ride on risky propositions that could be avoided altogether? In this episode of Dentist Money™, Reese & Ryan discuss the most common ways dentists allow luck to…
#89: 7 Signs You’re About to Get Hosed
Aug 23, 2017 • 44 min
Have you ever jumped on an investment bandwagon that went south? As a successful dentist you’re a prime target for opportunistic dealers who don’t mind risking other people’s money. In this episode of Dentist Money™, Reese and Ryan explain the difference…
#88: 3 Similarities Between Top-Tier Dentists and World Class Athletes
Aug 16, 2017 • 42 min
Is your financial plan ready to go the distance? Have you eliminated all the distractions so you can focus on the fundamentals that drive better results? In this episode of Dentist Money™, Reese and Ryan break down three habits followed by the world’s…
#87: Do Your Investments Suffer Because of Where You Live?
Aug 9, 2017 • 41 min
Pledge allegiance to the flag, support the troops, and cheer for your favorite Olympian. There’s nothing wrong with a little home country pride. But how does love for your country affect your investments? In this episode of Dentist Money™, Reese & Ryan…
#86: Why Most Dentists Miss Out on Bull Market Gains
Aug 2, 2017 • 48 min
Would you be happy if your investment portfolio earned average market returns? Is that enough to secure a comfortable retirement? In this episode of Dentist Money™, Reese and Ryan discuss four important habits followed by effective investors, how to set…
#85: One Trait Wealthy Dentists Adopt Early in their Careers
Jul 26, 2017 • 34 min
The world’s greatest inventors, most accomplished musicians, and best athletes often attribute their success to persistence. It’s the same trait that pushed you through dental school and keeps your practice moving forward. But what does it mean to hav
#84: What Smart Dentists and UPS Drivers Have in Common
Jul 19, 2017 • 38 min
What can brown do for you? In the early 2000s, UPS unveiled a new way to navigate its routes. The idea seemed too simple to be effective, but it drastically improved productivity and saved the company millions of dollars. In this episode of Dentist…
#83: 4 Questions Your Advisor Should Be Able to Answer
Jul 12, 2017 • 32 min
What is the role of a good advisor? It depends who you ask, which is part of the problem with the financial industry—there’s no real consensus. In this episode of Dentist Money™, Reese & Ryan explore the spectrum of services offered within financial
#82: The Numbers Dentists Need to Know to Retire Better
Jul 5, 2017 • 51 min
When will you have enough money to make work optional? Are you building the right mix of assets? Is your tax rate minimized? Do you have the proper amount of insurance? In this episode of Dentist Money™, Reese and Ryan introduce a periodic table of twel
#81: The Biggest Reason Dentists Get Bad Financial Advice
Jun 28, 2017 • 34 min
Do you know how your advisor gets paid? If not, there’s a good chance your best interest is taking a back seat to handsome commission checks and all-expenses-paid vacations. In this episode of Dentist Money™, Reese and Ryan describe a hypothetical DSO
#80: Why Dentists Retire 6 Years Later Than the Average American
Jun 21, 2017 • 58 min
How is it possible that the average dentists retires later than the average American? Income can’t be the reason — dentists are among the highest earners in the country. And you can’t put all the blame on personal spending when there’s an entire w
#79: 5 Misunderstood Financial Quotes
Jun 14, 2017 • 58 min
Milton Friedman, Peter Lynch, Warren Buffett. When financial advice comes from a nobel laureate, a legendary mutual fund manager, or an Oracle of Omaha, people tend to listen. But do they really understand the context of the advice? In this episode of Den
#78: Is Your Custodian Messing with Your Money?
Jun 7, 2017 • 57 min
Are your investments protected from conflicts of interest? What is the relationship between your advisor and the custodian of your accounts? In this Dentist Money™ episode, Reese & Ryan discuss the role of a custodian, why it matters who your custodian
#77: Should You Invest Your Extra Cash All at Once?
May 31, 2017 • 37 min
Are you hesitant to invest your extra cash? If that emergency fund has turned into an emergency fortune, it’s probably time to let your money spread its wings in the market. In this episode of Dentist Money™, Reese & Ryan discuss findings from a Vangu
#76: A Fifth Grader’s Guide to Becoming a Wealthy Dentist
May 24, 2017 • 51 min
Should you pay someone else to do a job you can handle yourself? As a practice owner, you might struggle to know when it makes more sense to outsource or keep things on your own plate. In this episode of Dentist Money™, Reese and Ryan explore the fundam
#75: Do You Turn Your Back on These Front Office Mistakes?
May 17, 2017 • 41 min
Do you know what’s happening in your front office? Has your staff been properly trained to offer appointments, ask for payments, and deal with cancellations? In this Dentist Money™ episode, Reese welcomes Laura Hatch, founder of Front Office Rocks, an
#74: What Beanie Babies Can Teach Dentists About Money
May 10, 2017 • 44 min
Have you ever made a financial decision on the grounds that “everyone else is doing it?” When all the facts aren’t readily available, human nature is to follow public opinion. But the herd can lead you off a cliff if you’re not careful. In this ep
#73: Should You Pay Down Debt or Invest?
May 3, 2017 • 43 min
Let’s say you have an extra $30,000 in cash. You can pay down a loan with a 6% interest rate or invest in a retirement plan which could return anywhere from -10% to +10% this year. What should you do? In this episode of Dentist Money™, Reese and Ryan
#72: Are Your Marketing Dollars Going to Waste?
Apr 26, 2017 • 42 min
Marketing pioneer John Wanamaker said, “Half the money I spend on advertising is wasted; the trouble is I don’t know which half.” As a practice owner, you might feel the same way. The challenge of measuring marketing results can be especially difficul
#71: One Way You’re Probably Losing Money on Your Investments
Apr 19, 2017 • 37 min
Remember the last time your retirement account took a hit? A lot of people do. You might have questioned the quality of your portfolio and the competency of your advisor. (Your concerns might have been valid by the way). Regardless of who or what’s to b
#70: 5 Mistakes Dentists Make to Fall Behind the Competition
Apr 12, 2017 • 47 min
Do you ever wonder if you’re overlooking simple business fundamentals that could take your practice to the next level? Do you struggle to articulate your priorities as a business owner? While the decisions you make throughout your career are endless, th
#69: 4 Common Ways Dentists Lose Money
Apr 5, 2017 • 51 min
Did you know the average American wastes 55 minutes a day, or about 12 days a year, looking for things they own but can’t find (Newsweek)? If it’s lost keys, you could be late for your morning staff meeting. If it’s important financial information,
#68: How to Avoid Expensive Leadership Mistakes
Mar 29, 2017 • 48 min
Reese welcomes Denise Leleux, a leading expert on end-to-end client experience whose 26-year resume includes a position as VP of Global Customer Experience at eBay where she mentored top business leaders and managed a team of 6,000 employees. In this epis
#67: 3 Keys to Building Wealth While Working Less
Mar 22, 2017 • 51 min
How much is an hour of your time worth? In terms of earning potential, it could be anywhere from a few hundred dollars to over a thousand. You can quantify it with a little bit of math. But salary aside, how much value can you really place on your time? A
#66: 5 Ways Dentists Can Improve Profit Margins
Mar 15, 2017 • 27 min
Dentistry is what you do, but money is what you make. And unless you keep an eye on overhead, just making ends meet might be hard enough. In this episode of the Dentist Money™ Show, Reese Harper welcomes CPA, Andrew Schwartz who works with hundreds of d
#65: How to Make Your Money Last Longer During Retirement
Mar 8, 2017 • 52 min
Saving is only one part of the retirement equation. Whether you’ve already reached the end of your career, or are still in accumulation phase, you’ll need to know how to spend down assets in the right order to get the most out of your nest egg. In thi
#64: How Successful Dentists Track Financial Progress
Mar 1, 2017 • 52 min
Do you know your net worth? Not just an estimate, but the actual amount? And do you know what it was last quarter? What about your personal spending? How much of your income is used to support your lifestyle every month? Unless you know the answers, your
#63: Three Misconceptions About Estate Planning
Feb 22, 2017 • 51 min
When is it time to get an estate plan? Or, if you already have one, how often should it be reviewed? And how do the requirements of an estate plan differ if you’re a dentist? Wills, trusts, tax planning, asset protection—not the most exciting topics
#62: The People Who Ruin a Dentist’s Retirement
Feb 15, 2017 • 54 min
Did you hear about the dentist who lost his shorts in a scam? No? That’s because nobody likes to tell the world they got hosed by a con artist. But it happens—a lot. And unless you know the warning signs, you might get wrangled into the same type of d
#61: The Hidden Costs that Delay a Dentist’s Retirement
Feb 8, 2017 • 47 min
A few hundred here, a few thousand there. Overspending on insurance, loans, supplies, staff, benefits, and personal life may seem insignificant in the short run—a lot of dentists make enough money to cover the cost. But over the course of a career, thos
#60: The Truth About Real Estate Ownership
Feb 1, 2017 • 48 min
Real estate can be an excellent investment. But many dentists delay their retirement by doing the wrong deal at the wrong time. What are the biggest mistakes that dentists make with real estate? In this episode of Dentist Money™, Reese & Ryan give five
#59: Is Now the Time to Refinance Your Loans?
Jan 25, 2017 • 39 min
Student loans, practice loans, real estate loans. Dentists and debt go together like presidential elections and economic uncertainty. With speculation of rising interest rates, many are wondering if now is the right time to borrow money or refinance exist
#58: When is it Time to Hire a Financial Advisor?
Jan 18, 2017 • 61 min
How do you know when it’s time to hire a financial advisor? For a lot of dentists there’s a trigger that goes off ― a shortage of cash, an investment gone bad, stagnant collections ― and they wonder if it’s time to call for help. But it’s not
#57: Is Your Permanent Life Insurance Policy Killing Your Retirement?
Jan 11, 2017 • 51 min
There are two types of people in the world: those who have heard a sales pitch about permanent life insurance, and those who will hear a sales pitch about permanent life insurance. And the way these policies are sold ― on the premise of guaranteed retur
#56: What You Need to Know About Bonds. Your Bonds.
Jan 4, 2017 • 42 min
Do you know the difference between a stock and a bond? Maybe you do. But even if you grasp the concept of fixed income versus equity, you may not realize how complex the bond market is. In this episode of Dentist Money™, Reese & Ryan describe the differ
#55: Six Keys to Powerful Investment Portfolios
Dec 28, 2016 • 44 min
Have you ever looked at your investment statements and wondered if your returns are as good as they could be? You’ve been told cheap index funds are the most responsible way to invest, but is it really that simple? What other funds can you buy? In this
#54: Fixing Your 401(k) the Matt Bradley Way
Dec 21, 2016 • 32 min
If your office has a qualified retirement plan like a 401(k), chances are you’re paying fees you didn’t know existed and taking on liability you didn’t know you had. Matt Bradley and his company BenefitGuard help dentists fix their 401(k)s by loweri
#53: Everything You Need to Know About Retirement Plans
Dec 14, 2016 • 58 min
IRA? 401(k)? Profit sharing plan? Pension? Mosts dentists know that choosing the right plan will put them on a faster track to retirement. But deciding which plan is best isn’t always straightforward. In this episode of Dentist Money™, Reese & Ryan di
#52: Lisa Knowles Presents Dentistry’s Broadway Show
Dec 7, 2016 • 33 min
Lisa Knowles opened her dental practice in 2005… two years before full recession… in Michigan. With economic conditions stacked against her, she built a thriving practice on a model of “making things right for patients no matter what.” Driven by h
#51: Mike Abernathy on Building Wealth as Big as Texas
Nov 30, 2016 • 38 min
Dr. Mike Abernathy, founder of Summit Practice Solutions, joins the Dentist Money™ Show from his ranch outside of Dallas where he reflects on the most valuable lessons he’s learned as a practice owner and consultant. Mike’s approach to business mana
#50: Collin Kartchner on How to Win Patients with Video
Nov 23, 2016 • 29 min
Remember the personal bio you wrote for your practice website? You probably started with a paragraph about where you grew up, the schools you attended, and your involvement with dental associations. Then you added a couple lines about your family and pers
#49: Morgan Hamon’s Tax-Reducing Battle Plan
Nov 16, 2016 • 48 min
Morgan Hamon lives dangerously. He started his career as a fighter pilot and then became a tax accountant. The fight against taxes is real, and Morgan’s firm, HDA Accounting Group, is the first line of defense for hundreds of dentists across the country
#48: How Dr. Mark Costes Balances Business & Personal Success
Nov 9, 2016 • 38 min
Dr. Mark Costes is founder of the Dental Success Institute, Horizon Schools of Dental Assisting, and author of Pillars of Dental Success. He runs multiple practices, speaks at dental forums around the world, and coaches over 50 practice owners to help max
#47: Website 101 with Mike Pedersen
Nov 2, 2016 • 33 min
Is your website doing its job? Does it really drive new patients, or does it just sort of exist? Mike Pedersen, founder of The Dental Boost, helps hundreds of dentists showcase their practices with powerful websites that make it easy for visitors to find
#46: Pat Rosenzweig on the People Who Make Your Practice
Oct 26, 2016 • 41 min
Perhaps nothing in dentistry is more important than surrounding yourself with the right people. It’s also one of the most difficult things to do. Hiring is never an exact science, firing is no picnic, and outsourcing can feel like a crapshoot. So how do
#45: Attorney Joseph McGregor’s Asset Protection Advice
Oct 19, 2016 • 31 min
When Joseph McGregor was a young attorney in Cleveland, his friends in the Case Western Dental program started asking for advice about practice buy-in agreements. The questions kept coming, and before he knew it, Joseph had a side job through which he met
#44: Chris Tayler on Improving Profits with Better Fee Schedules
Oct 12, 2016 • 30 min
While working with his endodontist father, Chris Tayler became all too familiar with the inequities imposed by insurance companies on dentists. Seeing an opportunity to help other practice owners, Chris put his MBA and finance background to work and start
#43: Gary Takacs Gives Six Keys to Practice Success
Oct 5, 2016 • 43 min
Consultant, coach, practice owner, professor, founder of the Thriving Dentist Show, internationally-acclaimed speaker. Dentists around the globe refer to Gary Takacs by a number titles. We simply call him The Legend. Having worked with over 2,200 practice
#42: How Jared Pope Became a 10 Practice Owner
Sep 28, 2016 • 40 min
Jared Pope opened his first practice shortly after graduating from dental school in 2002. Now, fourteen years later, he owns ten practices across Arizona and New Mexico. In this Dentist Money™ interview, Dr. Pope explains the partnership model that acce
#41 Ben Tuinei Explains the Art of PPO Negotiation
Sep 21, 2016 • 43 min
Ben Tuinei, President of Veritas Dental Resources, has worked with over 6,000 dentists across the country to negotiate fair and reasonable reimbursements from insurance carriers. Using Ben’s 7 Steps of Negotiation, dentists gain leverage against provide
#40: Jordon Comstock’s Recurring Revenue Solution
Sep 14, 2016 • 22 min
Jordon Comstock is founder of BoomCloud Apps, provider of in-house membership software for dental practices all over the country. Inspired by his deep knowledge of the dental industry, a passion for user interface design, and a book called The Automatic C
#39: Dr. James Anderson’s Entrepreneurial Journey
Sep 7, 2016 • 31 min
Dr. James Anderson wasn’t wired to follow the traditional path of dentistry. Within a year of starting a practice, he hired his first associate and caught the entrepreneurial bug (or as he calls it, “A.D.D.”). Since then, he started nine successful
#38: Nancy Kagan on Keeping Staff Accountable
Aug 31, 2016 • 19 min
If you enjoy the charming sound of a Boston accent and getting advice from one of the dental industry’s most experienced consultants, then you won’t want to miss this episode of Dentist Money™ with Nancy Kagan. Nancy was a hygienist for several year
#37: Seth Dahle on Driving New Patients with Digital Media
Aug 24, 2016 • 23 min
Social media marketing is an essential part of driving growth for a practice, but a lot of dentists struggle to understand the evolving digital landscape and how to implement a solid online strategy. In this Dentist Money™ interview, Seth Dahle of My So
#36: Don & Dave Mantyla on Reducing Tax Liability
Aug 17, 2016 • 31 min
CPAs (and father-son tandem), Don & Dave Mantyla, talk all things taxes and explain the most common mistakes that put dentists at odds with Uncle Sam. They discuss the primary tax problems faced by dentists, the ramifications of making extra debt payments
#35: Heather Colicchio’s Tips for Empowering Office Managers
Aug 10, 2016 • 23 min
Heather Colicchio is Founder & President of the American Association of Dental Office Managers — the largest association for dental business teams in the country. In this episode of Dentist Money™, Heather shares the philosophies behind her company’
#34: Richard Engar on Protecting Your Wealth from Malpractice
Aug 3, 2016 • 37 min
Reese interviews Dr. Richard Engar, former clinical dentist of ten years, and current CEO of Professional Insurance Exchange. Dr. Engar draws from decades of experience to explain how dentists can prevent unnecessary malpractice claims from putting their
#33: Weston Lunsford on Numbers that Drive Practice Value
Jul 27, 2016 • 26 min
Weston Lunsford, CEO of Dental Intel and self-diagnosed “data geek,” breaks down the numbers behind successful practices and offers a simplified solution for measuring progress. He also explains the meaning of proactive planning, four categories of mo
#32: Randon Jensen’s Guide to Successful Transitions
Jul 20, 2016 • 27 min
Practice transitions expert, Randon Jensen of CTC Associates, stops by to discuss the most important considerations to make before buying or selling a practice. Topics include managing expectations, structuring the deal, and getting proper representation.
#31: Attorney Jason Wood’s Counsel for Dentists
Jul 13, 2016 • 37 min
Jason Wood is a partner at Wood & Delgado and one of the nation’s premier attorneys for dentists. Having worked with thousands of dentists, he has become an authority on practice-related transactions. In this industry expert edition of Dentist Money™,
#30: Mike Alder on Managing Third Party Payors
Jul 6, 2016 • 28 min
Mike Alder, CEO of Unitas Dental, joins Reese for this episode of Dentist Money™ recorded on location at WRDC in Phoenix. Mike’s firm specializes in helping dentists sustain viable topline growth through managing third party payor relationships. In th
#29: What Brexit Means for Your Investment Portfolio
Jun 29, 2016 • 24 min
Great Britain’s referendum to leave the EU triggered an historic week for financial markets and drove significant losses for investors. There’s no shortage of speculation about “Brexit’s” long term ripple effect and the timeline for recovery. In
#28: Doug Carlsen Shares His Blueprint for Early Retirement
Jun 22, 2016 • 40 min
Dentist Money™ welcomes financial guru, Doug Carlsen, who retired comfortably from dentistry at age 53. Dr. Carlsen is a nationally renowned speaker and has been a regular contributor for publications like Dentaltown and Dental Economics. In this episod
#27: Howard Farran Shares His Formula for Success
Jun 15, 2016 • 29 min
In this special episode of Dentist Money™, Reese interviews industry thought-leader, Howard Farran — arguably the most influential personality in dentistry. Howard is a successful practicing dentist, MBA, CEO of dentistry’s largest media company, in
#26: 9 People Dentists Need to Know
Jun 8, 2016 • 30 min
Breaking news: if you’re a dentist, you’re smart. When the rest of us sit in your chair, it’s nice to know your supercharged brain got you through all those science classes, entrance exams, and the rigors of dental school. But does that mean you sho
#25: What You Need to Know About Whole Life Insurance
Jun 1, 2016 • 27 min
Dentists are often approached by life insurance brokers to purchase life insurance as a retirement savings plan. Whole life, variable life, or universal life. What are the arguments for using these types of policies? What are the arguments against them? I
#24: What You Should Know About Public Markets
May 25, 2016 • 25 min
Unless you happened to live in 18th century Western Europe, you might not understand how the modern economy was born - or even who the father was. It’s a fascinating tale of deception, greed, pirates, and a Scottish visionary who borrowed French vocabul
#23: The Truth About Gold
May 18, 2016 • 27 min
According to a recent article in Bloomberg magazine, gold prices have rallied and investors are piling back into gold in droves. On the heels of a four-year price decline, gold seems to have regained its luster and many are enticed by the prospect of stri
#22: Is Your Retirement Plan Built Like a Steinway Piano?
May 11, 2016 • 21 min
What do finance and pianos have in common? Pretty much everything. As the composer of your financial future, you need the right instrument to unlock your wealth-building potential. But a lot of dentists are using models that are out of tune. In this episo
#21: 3 Routines that Make Dentists Millions
May 4, 2016 • 21 min
Famous economist, Josiah Stamp said, “It is easy to dodge our responsibilities, but we cannot dodge the consequences of dodging our responsibilities.” Although most dentists acknowledge the value of good financial planning, busy schedules keep them fr
#20: 5 Habits of Wealthy Dentists
Apr 27, 2016 • 19 min
Making smart decisions with your money requires a certain level of sophistication. It can be difficult to understand the ins and outs of insurance coverage, investing, debt management, real estate, and practice finance. So how do some dentists make it loo
#19: Will Your Personality Cost You a Better Retirement?
Apr 20, 2016 • 26 min
According to financial expert Dave Ramsey, “Personal finance is about 80 percent behavior and only about 20 percent head knowledge.” So next time you squander your money or make a bad investment, you probably shouldn’t blame it on your decision to f
#18: How To Bullet Proof Yourself Against Litigation
Apr 13, 2016 • 20 min
It comes with the territory. When you’re a successful professional, you become a prime target for litigation. But are you prepared for every unfortunate scenario that could ruin your retirement? Most dentists aren’t. In this episode of…
#17: How Much Money Should You Keep in Your Bank Account?
Apr 6, 2016 • 22 min
Cash is piling up. Your bank balances are getting pretty solid. Do you have more than you need? How much is too much to keep in your practice checking account? What about the size of your personal emergency fund? Should you invest it, or pay off the remai
#16: The Mind Games You Play With Your Money
Mar 30, 2016 • 23 min
While you’d like to think your financial decisions are always grounded in logic, the truth is that your head can often get in the way. In many cases, what may seem like a reasonable approach to financial planning, ends up being a costly decision. In this
#15: Five Reasons the Stock Market is Your Friend
Mar 23, 2016 • 21 min
Most investors measure success in the stock market by gains and losses. And, of course, it’s always nice to see your account balances moving in the right direction. But the benefits of financial markets go well beyond making positive returns. In this ep
#14: How Do Your Finances Compare to Other Dentists?
Mar 16, 2016 • 21 min
As a dentist, you might have a general sense of your financial situation based on your collections, income, and retirement accounts. But have you ever wondered how your performance compares to other dentists? This episode of Dentist Money Show™ explains
#13: Is It Time to Hire Another Dentist?
Mar 9, 2016 • 21 min
As your practice grows you might consider hiring another dentist to help you manage your workload. Partners and associates can be a great way to multiply your efforts, but before you make the commitment, you should clearly understand what you’re getting
#12: What Should You Look For in a Financial Advisor? (Part 2)
Mar 2, 2016 • 23 min
Finding the right financial advisor to manage your wealth is so important that the Dentist Money Show™ has dedicated two episodes to discussing the questions you should ask - and the answers you should get - when hiring an advisor. In this episode (Part
#11: What Should You Look For in a Financial Advisor? (Part 1)
Feb 24, 2016 • 27 min
Choosing a financial advisor is one of the most important decisions you will ever make. The person you hire to manage your wealth will be largely responsible for how well you retire. And unless you know what to look for, you may never know the difference
#10: Do You Have a Tax Strategy?
Feb 17, 2016 • 24 min
People who complain about taxes can be divided into two classes: men and women. And although Uncle Sam isn’t anyone’s favorite relative, the right tax strategy could be the first step in patching things up. In this week’s episode of the Dentist Mone
#9: Did John Elway Pass on the Deal of a Lifetime?
Feb 10, 2016 • 19 min
In 1999, after his second Super Bowl win, John Elway passed on an offer to acquire 20% of the Denver Broncos and decided to pursue a series of private business ventures instead. Seventeen years later, the outcome of his decision provides some useful insig
#8: The Profitability Killer
Feb 3, 2016 • 22 min
Are your collections going up while your bottom line stays the same? It’s frustrating to look at your impressive growth only to realize you’re no better off than you were a few years ago. But if you understand how to manage costs, you’ll have someth
#7: Why Debt Isn’t Always a Bad Four-Letter Word
Jan 27, 2016 • 33 min
Do you feel pressure to pay off your student loans, practice loans, building, or mortgage? A lot of dentists are conditioned to pay off debts as soon as possible. But when managed correctly, the right amount of debt can be used to build your wealth faster
#6: The Best Defense Against a Market Crash
Jan 20, 2016 • 27 min
Are stock market declines keeping you up at night? Are you scared to turn on CNBC? How can your retirement fund endure another crash? In a tribute to David Bowie, Reese and Ryan discuss how to react when the market is Under Pressure and how to deal with a
#5: Why Your Practice is Like a Pencil
Jan 13, 2016 • 25 min
Does the idea of paying someone else to handle things like accounting, marketing, collections, and practice management put a bad taste in our mouth? After all, you’re smart enough to do it on your own without shelling out a bunch of cash. But is the Do-
#4: Getting More Out of Working Less
Jan 6, 2016 • 26 min
Have you mastered the art of balancing work and personal life? Or are you like most professionals who are leaning a little too far into the work side of things? In this episode of the Dentist Money show, we discuss why working more doesn’t always mean e
#3: Running for Miss Universe and Other Once-In-A-Lifetime Opportunities
Dec 16, 2015 • 33 min
Are you thinking about jumping on a “once-in-a-lifetime” opportunity? Did that corner location you’ve been drooling over just go on the market? Do you have a chance to buy shares in a rising tech start-up? In this episode, we discuss the allure of c
#2: Are You Falling for Investment Myths?
Dec 8, 2015 • 30 min
Are you smart enough to beat the market? How do your odds in the stock market stack up against your odds in Vegas? Should your investment strategy change as you acquire more wealth? In this episode, we address the most common misconceptions about investin
#1: Are You Spending Like a Competitive Eater?
Nov 30, 2015 • 25 min
Do you know exactly how much you spend? How much does it vary over the course of a year? Why do you need to know with so much precision? Which expenses should you be tracking and not tracking? This episode explores how hot dogs, pizza, and root beer can h