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Why Owning a Dental Practice Won't Make You Wealthy Here’s What Will! | Dr Anissa Holmes

📽️If you enjoyed this video, subscribe to get notified about our new releases! 🔔: 👇👇👇👇👇 bit.ly/3qkjc1E 🦷 Join Dr. Anissa Holmes as she uncovers the surprising truth about wealth and dental practice ownership. 🦷 Contrary to common assumptions, she reveals the challenges many dentists face in achieving true financial prosperity. Learn how missed investment opportunities and low profits can hinder your path to wealth. Discover actionable strategies to transform your practice into a wealth generator, involving teamwork and strategic planning. Subscribe and get ready to rethink your financial journey with Dr. Holmes. ++++++++++++++++++++ Ready to start learning? Click this link https://www.dentalflix.com and signup for FREE with a 30-day trial and access our library of dental training videos and courses. 🔔 Subscribe for more insights and share your thoughts below. Stay tuned for the next session! 💡👇👇👇👇👇 bit.ly/3qkjc1E +++++++++++++++++++ More Videos The Wrong Way To Become Fee For Service    • The Wrong Way To Become Fee For Service   How to present a dental Treatment Plan...High Acceptance    • The Framework to Get Patients to Sign...   Do THIS When Your Patients Ask about the Cost of Dental Work    • Do THIS When Your Patients Ask about ...   Team Meetings Done Right    • Team Meetings Done Right   Dental Practice Hiring Tips    • Dental Practice Hiring Tips   DENTAL MARKETING - THE BEST WAY    • DENTAL MARKETING - THE BEST WAY   Anissa's Live Business Bootcamp ➡️https://www.deliveringwowbootcamp.com Anissa's Book: https://www.deliveringwowbook.com +++++++++++++++++++ CHAPTERS: 0:00 - Introduction 0:59 - Unrealistic Expectations of Wealth from Dental Practice 2:39 - Importance of Financial Preparation 4:25 - Leveraging Dental Practice for Wealth Creation 6:17 - Reverse Engineering Investment Strategy 8:09 - Team Involvement in Profit Growth 9:59 - Collaborative Goal Setting 11:33 - Supporting Team's Financial Growth 12:54 - Taking Action for Business Expansion 14:12 - Conclusion and Call to Action 1. Dental practice: Running a successful dental practice requires effective management and patient care. Dentists should continuously improve their dental practice to meet evolving patient needs. A well-established dental practice can provide a stable income for dentists. Marketing plays a crucial role in attracting new patients to a dental practice. Dentists often face challenges in managing both the clinical and business aspects of their dental practice. 2. Wealth: Building wealth is a long-term financial goal that requires strategic planning and discipline. Wealth can be accumulated through various means, including investments, savings, and business endeavors. Achieving wealth allows individuals to secure their financial future and pursue their dreams. Wealth management advisors help individuals grow and protect their wealth. Wealth can provide financial security and the ability to enjoy a higher quality of life. 3. Profit: Profit is the financial gain a business makes after deducting expenses from revenue. Maximizing profit is a primary goal for businesses to ensure sustainability and growth. Analyzing profit margins helps businesses identify areas for improvement. Profitable businesses can reinvest earnings into expansion, innovation, or savings. Understanding the factors affecting profit is crucial for effective financial management. 4. Investments: Investing involves allocating money into assets such as stocks, bonds, real estate, or businesses. Diversifying investments across various asset classes can reduce risk. Long-term investments can generate passive income and build wealth over time. Investors should conduct thorough research and consider their risk tolerance when making investment decisions. The performance of investments is influenced by market conditions and economic factors. 5. Financial Freedom: Financial freedom is the ability to make choices and live comfortably without financial constraints. Achieving financial freedom often involves budgeting, saving, and investing wisely. Many people seek financial freedom to retire early or pursue their passions. A well-executed financial plan can lead to increased financial independence. Financial freedom provides peace of mind and the flexibility to enjoy life on one's terms. #onlinedentaleducation #dentalpracticemanagement #dentalteam

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