You can download your FREE report on how you can avoid financial mistakes as a dentist using the link just here &gt;&gt;&gt;&nbsp; <a href="https://www.dentistswhoinvest.com/podcastreport">dentistswhoinvest.com/podcastreport</a> ——————————————————————— Let's get up close and personal with Chris Barrow, affectionately known as 'Mr. Marmite' in the dental business world. A seasoned business coach with a flair for the unconventional, Chris brings to the table his unique methods and strategies that have transformed dental practices into profitable ventures. His Gordon Ramsay-styled approach is a testament to his commitment to helping practices enhance their productivity and profitability.&nbsp; Take a fascinating ride as we explore Chris's journey, from his initial steps into business coaching to his encounter with the global pandemic. Unearth nuggets of wisdom from his experiences, as he shares how Robert Kiyosaki's 'Rich Dad, Poor Dad' influenced his perspective on risk-taking and adaptation. Chris's processes are not all about taking giant leaps; oftentimes, it involves some plain talking, leading to powerful and reassuring decisions.&nbsp; In this enriching discussion, we dive into the significance of understanding people's psychology and navigating financial pitfalls commonly made by dentists. Chris emphasizes the importance of experience and accountability, and how they contribute to a thriving business. He opens up about the power of investing in mentorship and valuable advice, in a world swamped by free, yet often unprofitable guidance. Wrapping up the dialogue, Chris divulges his investment philosophy, inspired, in part, by Gary V's accountability and self-awareness, providing an intriguing conclusion to our conversation. A must-listen episode for dental professionals aspiring for financial freedom!

The Academy Discover Your Options as an Investor

Unlocking Your Potential with Chris Barrow DWI-EP33

The Academy understand how to invest as a dentist

You can download your FREE report on how you can avoid financial mistakes as a dentist using the link just here &gt;&gt;&gt;&nbsp; <a href="https://www.dentistswhoinvest.com/podcastreport">dentistswhoinvest.com/podcastreport</a> ——————————————————————— Imagine a world where your pension isn't a pot of money, but a promise. A pledge from the government to ensure you have a fixed, index-linked income when you retire. This episode, with our special guest Luke Hurley, dives headfirst into the labyrinth that is the NHS Pension scheme. We unravel its complexities, outlining how members contribute to the scheme, the guaranteed returns to expect, and the magic of the accrual rate that converts your earnings into annual pension. Age discrimination and financial mistakes seem to be two sides of the same coin. They have been made manifest in the 2015 reform of public sector pension schemes and we're discussing them. With the knowledgeable Luke Hurley, we dissect the effects of the reform on the NHS pension scheme, the court-deemed discriminatory practices involved, and the proposed Remedy period designed to rectify these issues. We also illuminate the potential impacts of this period on members' lifetime and annual allowance calculations. The rollercoaster doesn't stop there; we have a special focus for our dentist listeners. We scrutinize the intricate relationship between the NHS pension and annual allowance, the tapered annual allowance, and the looming tax rates for those who exceed it. Ever made a costly mistake with your finances? We've identified seven that dentists often fall victim to and we're revealing how to sidestep them. To wrap things up, we dissect the McLeod Judgment, its effect on the NHS pension scheme, and its potential pros and cons. So, if you're a part of the NHS pension scheme or are considering joining, this episode is your roadmap to navigating it successfully.

How The NHS Pension Actually Works Part 2 with Luke Hurley DWI-EP32

You can download your FREE report on how you can avoid financial mistakes as a dentist using the link just here &gt;&gt;&gt;&nbsp; <a href="https://www.dentistswhoinvest.com/podcastreport">dentistswhoinvest.com/podcastreport</a> ——————————————————————— Experience the thrill of exploring the often debated world of practice valuations in the dental industry with our knowledgeable guest, Andrew Acton. We break down the complexities of intangibles like goodwill, reconstituted net profit, and how they contribute to the overall value of a practice. Andrew shares some insightful perspectives on the importance of a quality database of comparables and the motivations that drive practice owners in their valuation quests. Venture further into the intricacies of EBITDA calculation and management information to uncover the true income of a practice. We shed light on the non-financial factors that shape practice performance, including location, team dynamics, marketing strategies, and the influence of social media. Andrew underscores the importance of reference points, highlighting the need to compare data with similar practices to get a fair assessment of a target practice's value. We've got you covered if you've ever wondered about the power of social media as a tool for attracting patients to your dental practice, discussing the potential of emerging platforms, like TikTok. Andrew also enlightens us on the concept of 'attention as currency' and how a good reputation can tip the scales in your favor. We round-off with a deep dive into the role of location in practice valuations, the impact of property tenure on sale price, and the essential tips on optimizing valuation and selling practices. Get ready to unravel the mystery of practice valuations with this insightful discussion.

The Academy Want to shortcut your investment education by years

Dental Practice Valuations: Under The Bonnet with Andrew Acton DWI-Ep31

You can download your FREE report on how you can avoid financial mistakes as a dentist using the link just here &gt;&gt;&gt;&nbsp; <a href="https://www.dentistswhoinvest.com/podcastreport">dentistswhoinvest.com/podcastreport</a> ——————————————————————— Ever wondered how the worlds of dentistry and law intersect? If so, this episode is a must-listen. Welcome to a fascinating conversation with the highly accomplished Louisa Sherlock, a barrister and former dentist. Louisa provides a unique perspective on an area that is rarely talked about - the importance of meticulous note-taking in dentistry and its role in potential litigation scenarios. We dive deep into the fears that plague many dental practitioners - the fear of litigation. With her professional insight, Louisa guides us through managing such fears and discusses the concept of defensive dentistry. We also touch on the crucial role of record keeping in dental practice, the implications of using templates or brief notes, and the need for each patient's notes and records to be customized. Rest assured, we'll cover everything from documenting BPEs, diagnosis, treatment options, treatment performed, to oral hygiene guidance. Finally, we address an often-overlooked aspect — the importance of regularly updating a patient's medical history. Louisa highlights the necessity of having patients review and sign off on their medical history changes, revealing the influential role of batch numbers when using local anaesthetic. This episode promises to be a treasure trove of information for dental professionals aiming to stay at the forefront of their practice, ensuring legal compliance, and providing unparalleled patient care. Tune in as we unravel the intriguing worlds of dentistry and law with Louisa Sherlock.

Top Tips On Clinical Record Keeping with Dr. Louisa Sherlock DWI-Ep30

You can download your FREE report on how you can avoid financial mistakes as a dentist using the link just here &gt;&gt;&gt;&nbsp; <a href="https://www.dentistswhoinvest.com/podcastreport">dentistswhoinvest.com/podcastreport</a> ——————————————————————— What if your dental chair was not just a seat for cleaning teeth, but a launchpad for a journey of self-improvement and endless learning? That's exactly the case for our guest, Ferhan Ahmed. His inspiring story of venturing from medical school to owning dental practices, and his unquenchable thirst for knowledge, is a testament to the power of education in shaping personal and professional growth.&nbsp; Every career holds a world of potential, but dentistry, for Ferhan, was a path that offered unparalleled flexibility and growth opportunities – if only one is willing to invest time and effort into continual learning. From working in A&amp;E to studying in a public library in Glasgow, Ferhan's diverse experiences highlight the transformative power of education. We also delve into the significance of networking and taking additional courses, and how these can open up new horizons and enrich your lifestyle. In the digital age, the pursuit of knowledge is not a solitary journey. Through online resources like books, courses, and social media, we can grow personally while also contributing to a wider community of learners. We chat about the importance of creating an online presence, and how it can lead to a ripple effect of shared knowledge and opportunities. Ferhan's story is a testament to the power of education and self-development, and the immense fulfilment that comes from sharing your journey, setting goals, and helping others grow. So buckle up and join us on this enlightening ride with Ferhan Ahmed Ferhan.

The Power Of Compounding Your Education with Dr. Ferhan Ahmed - YPTFF Month DWI-Ep29

You can download your FREE report on how you can avoid financial mistakes as a dentist using the link just here &gt;&gt;&gt;&nbsp; <a href="https://www.dentistswhoinvest.com/podcastreport">dentistswhoinvest.com/podcastreport</a> ——————————————————————— Welcome the extraordinary 12-year-old Benyamin Ahmed into your playlist as he shares how he skyrocketed to fame, raising a staggering £300,000 by launching his unique NFT collection. Listen as this young prodigy opens up about the whirlwind of media attention that followed, from a feature in a BBC article to guest appearances on the Pomp podcast and a speech at Oxford University. Get inspired by his humble outlook on life and how, despite his phenomenal online success, his school friends keep him grounded, and life outside the digital realm stays delightfully normal. Venture into the world of cryptocurrency and NFTs as Benyamin unravels his passion for coding that sparked his early interest in this intricate realm. Absorb his profound understanding of the financial independence that cryptocurrencies can offer, regardless of one's background or circumstances. Sit back as he shares his approach to managing his crypto assets, positioning himself as a long-term holder with a discerning eye on Bitcoin and Ethereum.&nbsp; In the closing stage of our intriguing conversation, we hone in on Benyamin's outstanding success with his NFT range. Take note of his emphasis on originality and the power of storytelling, which played crucial roles in his accomplishments. Listen to his vision beyond creating art as he shares plans to infuse functionality into his 'Weird Wales' project and his insights on how NFTs will snugly fit into society's future. Prepare to be enlightened as we unravel the complex world of crypto and NFTs through the eyes of a young trailblazer.

How I Made £300k Selling NFTs with Benyamin Ahmed DWI-Ep63

You can download your FREE report on how you can avoid financial mistakes as a dentist using the link just here &gt;&gt;&gt;&nbsp; <a href="https://www.dentistswhoinvest.com/podcastreport">dentistswhoinvest.com/podcastreport</a> ——————————————————————— What if you were handed the key to owning and running a successful dental practice in 2022? Together with my good friend Andrew Acton, we tackle this question head on, unveiling the complexities of ownership, the real costs involved, and the importance of passion in navigating this realm. Marked by the pandemic's influence on decision-making, we expose the pitfall of the 'fear of missing out' and how it can lead to unwise investments.&nbsp; We uncover the value of goodwill in dentistry and offer insight into whether starting a dental practice from scratch or buying an established one is the more risk-averse option. Key elements in building goodwill such as the team, consistency, and online reviews are unpacked, alongside financial concepts like EBITDA and reconstituted net profit. We also touch on the impact of specialty dentistry and the benefits of company pension contributions.&nbsp; When it comes to investing in a dental practice, we take you through the pros and cons of freehold and leasehold ownership. Andrew and I don't shy away from discussing the financial realities of running a dental practice, including expected owner income versus being an associate, and why understanding your personal budget is crucial. We share our tips on team building, dealing with the current labor shortage, and how being a dentist can be an advantage when seeking funding from banks. We conclude with advice on retaining staff, starting a business without prior management experience, and the importance of creating a positive work environment. So, are you ready to take on the world of dentistry ownership? Let's get started!

The Academy Want to become a DIY investor too

Is Owning A Dental Practice For Me? with Andrew Acton DWI-Ep62

You can download your FREE report on how you can avoid financial mistakes as a dentist using the link just here &gt;&gt;&gt;&nbsp; <a href="https://www.dentistswhoinvest.com/podcastreport">dentistswhoinvest.com/podcastreport</a> ——————————————————————— Wouldn't it be liberating to know the secret behind doubling the size of a dental business that's on the brink of bankruptcy? That's exactly what we unfold in our fascinating talk with Alex, the mastermind behind All-Star Dental Academy. We navigate through his unique journey of reviving his father's dental practice, highlighting the concept of risk assessment in dental investments and the magic of incremental improvements. Alex also introduces his business growth formula, revealing the four untapped ways to monetize your dental practice. We extend our conversation beyond just business models to the heart of patient rapport - professional phone handling and effective social media usage. Drawing inspiration from Tony Robbins' concept of continuous and never-ending improvement, we discuss the Great Call Process and how it can be a game-changer in your dental practice. We also delve into the do's and don'ts of social media marketing, underscoring Instagram and TikTok's potential. Remember, it's not about being promotional; it's about being personal and humorous. So, buckle up and tune in for an engaging blend of smart business practices, top-notch customer service, and clever marketing strategies in the dental industry.

How To Market Yourself And Your Dental Practice with Alex Nottingham DWI-Ep61

You can download your FREE report on how you can avoid financial mistakes as a dentist using the link just here &gt;&gt;&gt;&nbsp; <a href="https://www.dentistswhoinvest.com/podcastreport">dentistswhoinvest.com/podcastreport</a> ——————————————————————— Ready to extract the maximum yield from your hard-earned money, dear dentists? Savvy investment strategies can make a world of difference, and we've got just the right person to guide you through. Join us as we chat with Bilal, the Chief Accountant at Heathill Green, who's here to enlighten us on investment options for dentists, whether they're operating as sole traders or limited companies.&nbsp; Bilal dives into the nuances of investing in your practice, rental properties, the stock market, or even the realm of crypto. He shares insights about the popularity and potential profits of buying into a practice, with a focus on the advantages of owning a mixed practice. We also dissect the tax implications of property and stock investments, and how higher rate taxpayers can utilize a limited company model to keep taxes at bay.&nbsp; As we navigate the thrilling yet intimidating labyrinth of investments, we also touch upon the potential risks and rewards of the stock market and crypto. Bilal offers strategy suggestions to keep your taxes minimal and safeguard yourself against potential losses. We delve deeper into corporate structures, trusts, and inheritance tax planning, arming you with the knowledge needed to make informed decisions. So, come along as we journey through this illuminating discussion on maximizing your returns and mitigating risk along the way!

Investing Via Your Company with Bilal Ahmed DWI-Ep60

You can download your FREE report on how you can avoid financial mistakes as a dentist using the link just here &gt;&gt;&gt;&nbsp; <a href="https://www.dentistswhoinvest.com/podcastreport">dentistswhoinvest.com/podcastreport</a> ——————————————————————— Ever wondered what it takes to succeed in the stock market? In this insightful episode, we delve deep into the world of day trading with our guest, Zaid Esmali. Zaid generously shares his wealth of knowledge, enlivening the conversation with his personal journey and hard-learned lessons from the stock market.&nbsp; We explore a myriad of topics, such as understanding the importance of choosing the right brokers and screeners, mastering technical analysis, and avoiding the pitfall of chasing quick riches. Zaid highlights the need to find a trading strategy that suits your personality and underscores the significance of understanding the basics of money before venturing into trading. We discuss common financial pitfalls, particularly for dentists, and how emotional attachment to money can adversely affect trading decisions.&nbsp; Zaid also sheds light on the impact of automated bots on stock trading and the role of programming and machine learning in this realm. Furthermore, we delve into options trading and how put options can be beneficial. Wrapping up the conversation, Zaid encourages listeners to join a community dedicated to improving finances, well-being, and investing knowledge for dentists. So, are you ready to unlock the potential of day trading? Tune in and learn from the best!

How I Learned To Trade with Dr. Zaid Esmail DWI-Ep59

You can download your FREE report on how you can avoid financial mistakes as a dentist using the link just here &gt;&gt;&gt;&nbsp; <a href="https://www.dentistswhoinvest.com/podcastreport">dentistswhoinvest.com/podcastreport</a> ——————————————————————— Imagine harnessing the power of social media to boost your dental practice, reach potential patients, and showcase your work. This episode paints a comprehensive picture of just that, with our guest, Jabir, a social media maestro, who shares his journey of leveraging platforms like Instagram, LinkedIn, and even TikTok to amplify his influence within the dental profession. Our conversation with Jabir takes a deep dive into the role of authenticity in building a successful online presence. We uncover the importance of fostering genuine connections, conveying positivity, and the art of mindful interactions. Pondering over the changing dynamics of Instagram, we discuss the potential exodus from this platform and the consequent shift towards others. As we delve further, Jabir shares his insights on effective social media marketing tailored specifically for dentists, emphasizing the significance of audience-specific content and platform choice. Engaging, educational, and entertaining - these are the three E's of content creation we explore, especially in the context of LinkedIn and Instagram. Discover how to make your profile stand out, connect with your peers, and utilize the allure of video content. As a bonus, Jabir elucidates on the rising role of TikTok in reaching out to a younger demographic. So, join us on this enlightening journey with Jabir, as we navigate the fascinating world of social media for dental professionals. Here's to taking your online presence to new heights!

How Social Media Can Enhance Your Dental Career with Dr. Jabir Kazi DWI-EP58

You can download your FREE report on how you can avoid financial mistakes as a dentist using the link just here &gt;&gt;&gt;&nbsp; <a href="https://www.dentistswhoinvest.com/podcastreport">dentistswhoinvest.com/podcastreport</a> ——————————————————————— Ever wonder how much money is truly enough? Get ready to delve into the intricacies of investing with our guest, Shabbar Kassam. We will be exploring the psychological phenomena of the "hedonic treadmill" and how the endless pursuit of wealth can often lead to self-sabotage. Shabbar shares his wisdom on the importance of financial education and the art of restraint in wealth building. Prepare for an enlightening discussion that challenges the conventional understanding of money and wealth. In our journey toward financial success, we often overlook the importance of setting tangible goals and objectives. Join us as we unravel the importance of aligning your investments with your values and desired lifestyle outcomes. Whether it's committing to charity or setting a time frame for financial goals, we delve into practical ways to maintain financial discipline and escape the rat race. This conversation is set to shift your perspective on money and its role in our lives. Finally, we tackle the big question: risk versus reward. How does it tie into your long-term financial planning? We investigate the three main types of risk associated with wealth building: inflation, sudden loss of capital, and volatility. Shabbar guides us through understanding the role of these risks, and how we can use them to our advantage for better returns on our investments. Get ready to redefine your approach to risk, money, and wealth creation.

The Dentists Who Invest Podcast