Custom Manufacturing Industry podcast is an entrepreneurship and motivational podcast on all platforms, hosted by Aaron Clippinger. Being CEO of multiple companies including the signage industry and the software industry, Aaron has over 20 years of consulting and business management. His software has grown internationally and with over a billion dollars annually going through the software. Using his Accounting degree, Aaron will be talking about his organizational ways to get things done. Hi ...
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The Startup Dentist
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Content provided by Stephen Trutter of Ideal Practices and Stephen Trutter. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Stephen Trutter of Ideal Practices and Stephen Trutter or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Guiding you from associate to grand opening. The Startup Dentist podcast is the only podcast that helps Associate Dentists go from practice, to profit, to purpose in their journey to open their own dental practice startup. With more successful dental startups than anyone else, your host Stephen Trutter is here to share all that he, and the Ideal Practices team, have learned over the years of opening successful dental startups. To learn more visit us at: https://idealpractices.com
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Content provided by Stephen Trutter of Ideal Practices and Stephen Trutter. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Stephen Trutter of Ideal Practices and Stephen Trutter or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Guiding you from associate to grand opening. The Startup Dentist podcast is the only podcast that helps Associate Dentists go from practice, to profit, to purpose in their journey to open their own dental practice startup. With more successful dental startups than anyone else, your host Stephen Trutter is here to share all that he, and the Ideal Practices team, have learned over the years of opening successful dental startups. To learn more visit us at: https://idealpractices.com
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1 The Power of Partnership: How Twin Dentists Built a Thriving Startup Practice 39:00
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Play Later Play Later Lists Like LikedIn this episode of The Startup Dentist, we dive into the inspiring journey of Drs. Andrew and Tim, founders of Twin Teeth Family Dentistry. Join me as we explore how they transitioned from initially considering a practice acquisition to confidently launching their own dental startup. We discuss the strategic choices they made—from selecting optimal demographics and assembling a strong team to fostering deep community connections—that led to impressive growth, welcoming over 2,000 patients within their first year. Learn about their challenges, successes, and the meaningful ways they’ve committed to giving back locally. Whether you're exploring the idea of a startup or seeking motivation, this episode will provide valuable insights and inspiration to help you build a purposeful, thriving dental practice. Tune in and discover how to navigate the path to ownership with clarity and confidence.…
1 Results Driven Demographics: Secrets from 800 Successful Dental Startups 30:21
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Play Later Play Later Lists Like LikedIntroduction to the Topic: Choosing the right location for your dental startup isn't just about finding an open space—it’s about understanding the demographics that will drive your success. In this episode, Stephen Trutter shares proven strategies for analyzing demographic data, identifying your ideal patient base, and ensuring your practice is set up in a community that supports long-term growth. Key Points Discussed: Why demographics are the foundation of any successful dental startup. How to define your ideal patient based on age, socioeconomic status, and procedure mix. The limitations of generic demographic reports and how to interpret data accurately. The importance of lifestyle factors, family considerations, and community fit. Common mistakes when choosing a location, including relying on speculative growth. Real-world examples of practices that succeeded or failed based on demographic decisions. Guest Information: No guest for this episode. Links and Resources Mentioned: Startup Practice Blueprint Course Ideal Practices Website Calls to Action: If you’re ready to choose the perfect location for your dental startup, listen to this episode for expert insights. For deeper guidance, join the Startup Practice Blueprint course to learn step-by-step strategies for launching a successful practice. Contact Information and Social Media Links: Website: Ideal Practices Email: hello@howtoopenadentaloffice.com Facebook: Ideal Practices Instagram: @idealpractices…
1 From Zero to Four: Secrets to Explosive Growth from the Fastest Growing Dental Startup 53:44
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Play Later Play Later Lists Like LikedStephen Trutter welcomes Dr. Andrew Vallo, a dentist who has successfully expanded from one startup location to multiple thriving practices in just a few years. They discuss the mindset, systems, and strategies necessary for scalability, sharing actionable tips for dentists aspiring to grow their practices. **Key Points Discussed:** - Starting strong: Building a scalable foundation from day one. - Delegation and leadership: How to empower your team and step into the CEO role. - Operational efficiency: The importance of systems that adapt and grow with your practice. - Marketing strategies that prioritize consistency and community engagement. - Lessons learned from rapid growth and overcoming challenges in real-time. **Guest Information:** Dr. Andrew Vallo is a multi-location dental practice owner based in Tampa, Florida. He specializes in building scalable systems and has grown his group rapidly while maintaining high patient care standards. **Links and Resources Mentioned:** - [Startup Practice Blueprint Course](StartupPracticeBlueprint.com) - [Ideal Practices Website](https://www.idealpractices.com) **Calls to Action:** If you’re ready to scale your dental startup or want to learn how to build a scalable foundation, listen to this episode and explore the Startup Practice Blueprint course for more comprehensive guidance. Contact Information and Social Media Links: Website: Ideal Practices Email: hello@howtoopenadentaloffice.com Facebook: Ideal Practices Instagram: @idealpractices…
1 Dental Startup Partnerships: Divide and Conquer or Failure to Launch? 33:38
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Play Later Play Later Lists Like LikedThis episode unpacks the complexities of dental startup partnerships, from the benefits of collaboration to the potential risks of misalignment. Stephen provides actionable advice for navigating partnerships, including how to assess compatibility and structure agreements to set the stage for long-term success. **Key Points Discussed:** - Why partnerships can be both a blessing and a challenge in dental startups. - The importance of shared values, philosophies, and clinical approaches. - Examples of successful partnerships and lessons from failed ones. - The role of clear agreements and defined decision-making in avoiding conflicts. - Alternatives to partnerships, including leveraging external collaboration networks. **Links and Resources Mentioned:** - [Startup Practice Blueprint Course](StartupPracticeBlueprint.com) - [Ideal Practices Website](https://www.idealpractices.com) **Calls to Action:** If you're considering a partnership for your dental startup, listen to this episode to understand the key factors for success and the red flags to watch for. For more in-depth guidance, attend the Startup Practice Blueprint course and gain insights from top industry experts. Contact Information and Social Media Links: Website: Ideal Practices Email: hello@howtoopenadentaloffice.com Facebook: Ideal Practices Instagram: @idealpractices…
1 From Dream to Reality: Growing and Sustaining a Thriving Dental Startup 34:53
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Play Later Play Later Lists Like Liked**Introduction to the Topic:** This episode features Dr. Rachel Eglash, founder of Eglash Dental Studio in Pennsylvania, who shares her journey of building a startup practice from scratch. Stephen and Dr. Eglash dive into the lessons learned, the importance of community engagement, and how creating a strong team culture drives sustainable growth. **Key Points Discussed:** - The decision to choose a startup over buying an existing practice. - Building a patient-centered culture that reflects personal values and vision. - Strategies for overcoming challenges like construction delays and staffing issues. - The impact of community involvement and personalized care on practice success. - Insights on leadership, team building, and maintaining balance as a business owner. **Guest Information:** Dr. Rachel Slash is the owner of Eglash Dental Studio, a thriving startup practice in Squirrel Hill, PA. She has over two decades of dental experience and is passionate about personalized care and giving back to her community. **Links and Resources Mentioned:** - [Startup Practice Blueprint Course](StartupPracticeBlueprint.com) - [Ideal Practices Website](https://www.idealpractices.com) **Calls to Action:** Listen to this episode to learn how Dr. Rachel turned her vision into a reality and continues to grow her practice with purpose. For additional guidance on starting and sustaining a successful practice, explore the Startup Practice Blueprint course. Contact Information and Social Media Links: Website: Ideal Practices Email: hello@howtoopenadentaloffice.com Facebook: Ideal Practices Instagram: @idealpractices…
1 Securing Funding: Building a Solid Financial Foundation for Your Dental Startup 29:18
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Play Later Play Later Lists Like Liked**Introduction to the Topic:** Stephen Trutter discusses the critical steps in securing funding for a dental startup, emphasizing how preparation and planning can lead to better financial outcomes. This episode equips aspiring practice owners with practical advice for navigating lender discussions and budgeting effectively. **Key Points Discussed:** - Preparing your finances: Understanding your cash flow, reserves, and student loan implications. - Crafting a business plan to impress lenders and maximize funding potential. - Comparing bank options: Asset-based vs. projection-based lenders and what to prioritize. - Spending strategies: Balancing construction, equipment, and marketing costs. - Common mistakes to avoid when securing funding and allocating resources. **Links and Resources Mentioned:** - [Startup Practice Blueprint Course](StartupPracticeBlueprint.com) - [Ideal Practices Website](https://www.idealpractices.com) **Calls to Action:** Listen to this episode to gain the confidence and knowledge needed to approach lenders and create a funding strategy that ensures the success of your dental startup. For even more guidance, explore our Startup Practice Blueprint course. Contact Information and Social Media Links: Website: Ideal Practices Email: hello@howtoopenadentaloffice.com Facebook: Ideal Practices Instagram: @idealpractices…
1 Start-Up vs. Buying: The Ultimate Guide to Dental Practice Ownership 43:12
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Play Later Play Later Lists Like LikedStephen Trutter, CEO of Ideal Practices, welcomes special guest Brian Hanks, founder of The Gentle Buyer Advocates and author of *How to Buy a Dental Practice*, to dive into one of the most debated topics in the dental world: Should you start a new dental practice or buy an existing one? Together, they explore both avenues, weighing the advantages and challenges of each. **Key Points Discussed:** - Common misconceptions about buying a dental practice. - Key considerations for starting a practice from scratch. - The importance of practice ownership for career control and financial freedom. - Why timing and location matter for both buying and starting. - The role of patient retention and growth in both scenarios. - Critical financial insights for both options, including how to avoid costly mistakes. **Links and Resources Mentioned:** - *How to Buy a Dental Practice* by Brian Hanks (Available on Amazon) - Practice Purchase Podcast with Brian Hanks - [Ideal Practices Website](https://howtoopenadentaloffice.com) **Calls to Action:** - Ready to take the next step in your dental career? Tune in now to learn whether buying or starting a practice is right for you. - Check out Brian Hanks’ book *How to Buy a Dental Practice* for a deeper dive into the acquisition process. Contact Information and Social Media Links: Website: Ideal Practices Email: hello@howtoopenadentaloffice.com Facebook: Ideal Practices Instagram: @idealpractices…
1 Mastering the Business Side of Your Dental Startup with Proven Systems 43:12
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Play Later Play Later Lists Like LikedIn this episode, Stephen Trutter talks with Stacy Peters, Director of the Startup MBA for Ideal Practices, about the crucial role business systems play in dental startups. While many dentists are confident in their clinical skills, running a successful practice demands mastery of the business side as well. *Key points discussed:* - The importance of business systems in dental startups - How to avoid common pitfalls that lead to struggling practices - Real-world examples of dentists who built thriving businesses with the right systems - Financial guidelines and team accountability - Patient experience and its direct link to practice success *Links and resources mentioned:* - [Startup Practice Blueprint Course](StartupPracticeBlueprint.com) - [Ideal Practices Website](https://www.idealpractices.com) *Calls to action:* If you’re ready to take your dental startup to the next level, join the Startup Practice Blueprint course to learn from experts like Stephen and Stacy on building a solid foundation for long-term success. Contact Information and Social Media Links: Website: Ideal Practices Email: hello@howtoopenadentaloffice.com Facebook: Ideal Practices Instagram: @idealpractices…
1 Unlocking the Secrets to Insurance Credentialing for Dental Startups 19:02
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Play Later Play Later Lists Like Liked- Insurance credentialing vs. negotiating: Learn the difference between these two essential processes and how they impact your dental practice. - The importance of having experts assist with insurance credentialing to ensure accuracy and efficiency. - Timelines: Credentialing can take 3-6 months, so start the process as soon as you secure your real estate. - Credentialing strategies, including in-network vs. out-of-network, and how to decide what's best for your startup. - Tips for negotiating fee schedules and knowing when it’s worth paying for a negotiating service. Contact Information and Social Media Links: Website: Ideal Practices Email: hello@howtoopenadentaloffice.com Facebook: Ideal Practices Instagram: @idealpractices…
1 Smart Investments: Choosing the Right Equipment for Your Dental Startup 35:07
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Play Later Play Later Lists Like Liked**Introduction:** Welcome to today's episode, where Stephen Trutter is joined by Steve Burns, a senior advisor with over 30 years of experience in dental equipment and technology. Together, they explore how dentists can make smart equipment purchases for their startups, ensuring that investments align with both their clinical vision and financial constraints. - **Key Points Discussed:** 1. The importance of budget management when choosing dental equipment. 2. How to navigate promotions and avoid being oversold by vendors. 3. The benefits of phasing in technology over time, focusing on what adds immediate value. 4. How showrooms and vendor relationships can impact decision-making. - **Links and Resources Mentioned:** - Ideal Practices Startup Practice Blueprint course - Manufacturer promotion websites - Recommendations on internal scanners and phased technology adoption **Calls to Action:** Sign up for the **Startup Practice Blueprint** course to dive deeper into creating a successful dental startup, and explore more insights from industry experts like Steve Burns. Contact Information and Social Media Links: Website: Ideal Practices Email: hello@howtoopenadentaloffice.com Facebook: Ideal Practices Instagram: @idealpractices…
1 3 Strategies Dental Startups Can Use to Beat DSOs 26:47
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Play Later Play Later Lists Like LikedIntroduction to the Topic: Welcome back, associate dentists! If you're on the fence about whether to pursue a startup or an acquisition, this episode is for you. Today, we're diving into the David vs. Goliath story of dental startups versus corporate dentistry, offering insights on how you can make your dream practice a reality even in the face of big corporate competition. Key Points Discussed: Doctor-Patient Relationship: Importance of personalized care and building trust with patients. How maintaining strong patient relationships can provide a competitive edge over corporate practices. Choosing Your Patients: The advantage of targeting and attracting your ideal patients. How demographics play a crucial role in choosing the right location and patient base for your startup. Community Impact: Strategies for making a meaningful impact in your local community. Examples of successful community engagement that builds loyalty and referrals. Links and Resources Mentioned: Recent episode on the pros and cons of startup vs. acquisition Demographics insights and strategies Contact information for Rob Montgomery, dental-specific attorney Calls to Action: Listen to the recent episode on startup vs. acquisition for more insights. Consider your ideal patient profile and community impact as you plan your startup. Connect with us for personalized advice on making your dental startup a success. Contact Information and Social Media Links: Website: Ideal Practices Email: hello@howtoopenadentaloffice.com Facebook: Ideal Practices Instagram: @idealpractices…
1 How Dentists Can Dodge The Most Expensive Real Estate Mistakes 23:00
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Play Later Play Later Lists Like LikedIn this episode of "The Startup Dentist," host Stephen Trutter dives into the critical topic of dental real estate. With real estate decisions being one of the most significant financial commitments for dental startups, Stephen provides essential insights to help you avoid costly mistakes. Key Points Discussed Importance of Real Estate Decisions: Understanding how initial real estate choices impact your practice long-term. Avoiding Common Pitfalls: Why you should avoid flashy locations and instead focus on strategic positioning. Lease vs. Purchase: The pros and cons of leasing versus buying real estate and how to decide what's best for your practice. The Role of Representation: The necessity of having experienced commercial real estate agents and attorneys to guide you through transactions. Future-Proofing Your Practice: Ensuring your real estate deal protects you if you decide to sell or relocate in the future. Links and Resources Mentioned Startup Practice Blueprint Course Contact information for Stephen Trutter and Ideal Practices Calls to Action Listen to the episode and learn how to avoid real estate mistakes that could jeopardize your dental startup. Visit the Ideal Practices website for more resources on starting and growing a successful dental practice. Sign up for the Startup Practice Blueprint Course to get in-depth training on all aspects of launching a dental practice. Contact Information and Social Media Links: Website: Ideal Practices Email: hello@howtoopenadentaloffice.com Facebook: Ideal Practices Instagram: @idealpractices…
1 The Pros and Cons of Dental Startups vs Acquisition 23:57
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Play Later Play Later Lists Like LikedChoosing between starting a new dental practice or acquiring an existing one involves weighing the freedom and creativity of a startup against the immediate functionality and existing patient base of an acquisition. Each path offers unique benefits and challenges that must align with your personal goals and professional aspirations. Interested in more detailed insights and experiences from dental professionals who have walked both paths? Tune into the full episode. Contact Information and Social Media Links: Website: Ideal Practices Email: hello@howtoopenadentaloffice.com Facebook: Ideal Practices Instagram: @idealpractices…
1 How to Get 100 Patients in Your First Month: Proven Marketing Strategies for Dental Startups 28:58
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Play Later Play Later Lists Like LikedKey Points Discussed: Introduction to Startup Marketing Strategies Timing and Budget for Marketing Importance of Tracked and Trackable Efforts Creating Compelling Marketing Messages Focusing on Appointments vs. Awareness Essential Ingredients for Successful Marketing Marketing Agency Ground Marketing Community Engagement Real-Life Success Stories Dr. Karl’s Social Media Strategy Dr. Katie’s Achievement of 100 Patients in the First Month Conclusion and Key Takeaways Links and Resources Mentioned: Ideal Practices Website Free Copy of The Startup Dentist Book Contact Information and Social Media Links: Website: Ideal Practices Email: hello@howtoopenadentaloffice.com Facebook: Ideal Practices Instagram: @idealpractices…
1 How to Avoid the Pitfalls of DIY Dental Startups 24:39
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Play Later Play Later Lists Like LikedStarting a new dental practice is an exhilarating journey, filled with opportunities and, unfortunately, numerous potential pitfalls. Many dentists embark on this venture with a DIY mindset, only to encounter unforeseen challenges that can hinder their progress—or worse, jeopardize their business. In our latest podcast episode, "How to Avoid the DIY Pitfalls of Dental Startups," we peel back the curtain to learn the critical strategies that can help you avoid common mistakes and set a solid foundation for your practice. Understanding the Risks of a DIY Approach for Dental Startups The allure of doing it yourself, especially in the initial phases of setting up a practice, is strong. You might think that handling everything from real estate transactions to interior design and marketing might save costs. However, this approach often leads to compromised outcomes. Without specialized knowledge in areas like dental office design, marketing, and practice management, DIY efforts can quickly become costly missteps. Learning From Your Fellow Dental Practice Owners Take Dr. Ben’s story for example: with the success of his practice, he managed to pay off the looming pile of debt from his student loans within just a few years of opening his practice. What a ginormous weight lifted off his shoulders! How did he pay off his dental student loans? Well, his success wasn't due to cutting corners, but through strategic planning and understanding where to allocate resources effectively. His story is a testament to the power of aligning practice, profits, and purpose. Growth vs. Savings: Striking the Right Balance in Dental Startups One of the key points I want you to take away from this episode is the importance of focusing on growth-oriented strategies rather than just cost-cutting. While it's essential to maintain a budget, under-investing in critical areas like technology, marketing, and space can limit a practice’s potential and lead to greater expenses down the line. Like I always say “No one has ever saved themselves into a million-dollar practice” A perfect example: opting for a slightly larger space might seem expensive initially but can dramatically increase operational capacity and revenue potential over time. The Value of Professional Guidance for Dental Startups DIY projects might give you a sense of control, but professional guidance is invaluable. Experts who specialize in dental startups can help you navigate complex decisions, from choosing the right location to investing in the right technology. They can also steer you clear of common missteps that many new owners make, saving you from costly errors and helping accelerate your path to profitability. Marketing: Your Gateway to Patient Growth A significant focus of the episode is on the importance of robust marketing strategies from day one. Many new practice owners underestimate this aspect, thinking of it as an afterthought. You know those posts in the dental facebook groups “Hey, I’m opening my practice next week! What do you all do for marketing?” WHAT?! Next week?! I seriously lose sleep over these posts. Why? Because after nearly 1000 dental startups, I KNOW that effective marketing is crucial for attracting and retaining patients. And for marketing to be effective, it doesn’t start the day before you open your doors. Investing in professional marketing guidance can yield a high return by building a strong patient base quickly, but it’s also about having a true strategy. Something that takes you through the highs and lows of startup life. And it starts 6-9 months BEFORE you open. So, as you venture into the world of dental practice ownership, remember that the decisions you make early on can define your path forward. While the DIY approach may seem appealing, I wanted to record this episode so you know the exact missteps you need to avoid. And if at the end of the day, you decide a DIY isn’t the path for you, you’ll also understand how the professional guidance and strategic investment in growth can set you apart from the competition and pave the way for a successful and profitable practice. Remember, your dream practice does not have to be a daunting endeavor filled with trial and error. With the right strategies and support, you can create a thriving business that lives up to your vision Contact Information and Social Media Links: Website: Ideal Practices Email: hello@howtoopenadentaloffice.com Facebook: Ideal Practices Instagram: @idealpractices…
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Custom Manufacturing Industry podcast is an entrepreneurship and motivational podcast on all platforms, hosted by Aaron Clippinger. Being CEO of multiple companies including the signage industry and the software industry, Aaron has over 20 years of consulting and business management. His software has grown internationally and with over a billion dollars annually going through the software. Using his Accounting degree, Aaron will be talking about his organizational ways to get things done. Hi ...
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