Principal dentists: want to add £100k to your turnover in the next 12 months..?
- Why are some dental practices so successful?
- Why can they seem to effortlessly make so much money?
- Why am I on the other hand making only just enough and seem to be scraping it to the end of the month?
These are common questions that principal dentists ask me when we get to talking about their financials.
- “Is it because of the other practices location – maybe it's because mine is in a not so good area?”
- “Maybe its because they are doing high end fancy dentistry”
- “It's because they have so many followers on instagram”
These are some of the theories that those same principals come up with during these conversations to explain why other practices seem to be doing so well.
It’s fair to say that they just can't seem to get their head round it
However if you think about it, the fact that this is seemingly such a headscratcher to these principals actually stacks up…
Because the truth is that if they understood HOW this was done – well they’d ALREADY would have went off and done it.
And thus be enjoying the results.
And hence wouldn’t be asking…
But hey that’s ok! Because 80-90% of the principals I speak to feel that way.
And the people who are doing exceedingly well were also there too once…
Everybody has their theories about why they can’t increase their profits – but how much of these are theories are substantiated and backed up by empirical data?
SO here's the real truth…
Where a lot of the knowledge I share Dentists Who Invest™ (DWI) came from was via myself going on every single dental business and profitability course under the sun back in the day.
Through those courses and my networking which happened off the back of those courses and via running DWI… I’ve been very lucky to meet some amazing people.
Because of DWI they are willing to share with me the specifics of their finances.
I've been very lucky to meet associates who net £40k a month take home.
And principals grossing £100k through their clinical work in their own practice.
The extra cool part is that this is achieved through general dentistry – the dentistry that you are already doing.
When you have those conversations enough times I know how those guys and girls do it – it’s pretty easy to pull out the best pieces of wisdom and distribute it to those it can help.
Of course, it goes without saying that your practice needs to be the right fit and we need to click on a working relationship front.
However, when this is the case, £100k or more additional turnover is pretty realistic to achieve in the next 12 months.
Another thing to mention is that the vast majority of that extra £100k will be margin. This is given the methods used do not increase costs.
Of course there is no silver bullet.
However there are thousands of golden sovereigns.
Those golden sovereigns represent pieces of wisdom and there are quite literally thousands of them we can implement into your practice. Of course we shouldn’t need all of them – however we have plenty of pathways to choose from
So heres the deal:
I’ll use all those pieces of wisdom to increase your practice turnover by £100k in the next 12 months. You can use those methods to continuously make an extra £100k this year and EVERY year for the rest of your life.
And in return all I ask for is 20% of the return on the first year only which is £20k.
Online flexi learning content required to understand practical components
As much one-to-one needed to deliver on my promise of an extra £100k
Group support and networking with other driven principals
Accountability to achieve your £100k increase in turnover
The guarantee we will hit your £100k increase in turnover
What would that £100k additional mean for you and your family?
✅ An extra holiday a year?
✅ The option to reduce working hours in the clinic and have more time off?
✅ Rest easier at night knowing the practice is making good profit?
…or indeed all of the above.
I’ve delivered enough times with principals to know that this is doable for the right practice. The brand of Dentists Who Invest is too important to me to say that unless I know I can follow through and deliver. Here are some testimonials from people who are already benefitting:
Life is now much better
I enjoy work vastly more as I am providing the dentistry which I know to be superior to that which my patients were selecting in the past. Before this I was 'filling holes' for patients, now l am restoring their dentition in ways which will improve their function and aesthetics long term. This is better for my patients and I am remunerated better financially and by work satisfaction.
Dr. William Gate
Dentists, Cockermouth
It's been an amazing time of learning and I wouldn't have been able to do it without you
Actually maybe I would have taken decades and loads of books/courses to realise - I feel like this has fast tracked me and brought my goals forward by like 15 years.
Dr. Michael Anaman
Dentist, Bristol
I found the programme really informative at a level which was easily grasped.
James talked through everything in a relatable way for anyone not with a finance background. Made targets and tasks relevant to me and my job circumtances. Regular catch up meeting were invaluable, cemented, the aims and learnings. Made it clear how far I'd come as got a chance to reflect and see the numbers behind it all.
Dr. Edward Waller
Dentist, Scotland
So if you feel like it's worth a conversation I can assess your practice and see if an extra £100k this year is viable for you.
Let’s take it from there