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Draviweis Fogel | Sleep Disorders Specialist from Union, United States

Draviweis Fogel | Sleep Disorders Specialist from Union, United States | Avi Weisfogel | Scoop.it
Hi, I am Draviweis Fogel, sleep disorders specialist, living in Union, United States. Browse through my page and stories on Trepup, the world's largest business network enabling businesses and people to connect, communicate and sell easily and securely.
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Entrepreneurial Dentist Podcast with Avi Weisfogel

Entrepreneurial Dentist Podcast with Avi Weisfogel | Avi Weisfogel | Scoop.it

Avi Weisfogel from The International Academy of Sleep, coming to you with today's message?


You could look at things in dentistry any which way you want. Recent data shows that a bare minimum of 35% of practice owners in this country have invested in some sort of expensive technology, whether it's a Serac machine, a CT scan, or any type of $150,000 piece of equipment that has absolutely zero return on investment. https://www.academia.edu/38675086/Avi_Weisfogel_Scam_Prevention

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Work Smarter, Not Harder: Happiest Dentist Tip From Avi Weisfogel in Dental Sleep MBA

In this video Avi Weisfogel , The Entrepreneurial Dentist, discusses how to build value within your dental practice so that you can sell it. Visit Avi Weisfogel's website draviweisfogel.com or register for an event with Dental Sleep MBA here dentalsleepmba.com Listen to Avi Weisfogel podcasts here:aviweisfogel.libsyn.com/ podcasts.apple.com/us/podcast/entrepreneurial-dentist-podcast-with-avi-weisfogel/id1481430150?ls=1 play.google.com/music/m/Dmwjkgqpupjdrgllvswih4g57om Avi Weisfogel, The Entrepreneurial Dentist coming to you guys with the tips for today, which is really looking at the value of your practice. What the practice value is, and listen, what did, what do you get when you sell your practice? You know, part of my mission is always to make it so when a dentist goes to sell his life's work, he gets the max for it. Even then, it's not the prettiest thing. The trajectory path of most dentists is build your practice, keep your practice way past the point of its highest peak, and then sell it. As we know, dental practice itself are typically around 70 cents on the dollar. What I mean by that is there's this formula and this formula was just put out by someone and it's accepted. 70% of like the three year average growth seems to be a number that practices go for. Now. Of course, there are times where it goes for a little higher. There's times where it may go for lower. Let's talk about a time it may go for higher. DSO is are coming in with all sorts of offers and you feel like you've just hit the jackpot. What comes with that. A big restriction on your time. So it's like, well, I, this is great. I'm getting such an offer. How can I turn it down? But then you're not looking into the full picture, the full picture of how much you're able to create revenue wise during the period that you are beholden to this DSO three years, five years. And then what are you able to do in addition to when you sell out to this DSO. Yeah. It's a difficult process. So if you sell it to a DSL where your number gets higher, you're actually losing more money than if you just sold it, walked away and did something different with your time where you were actually maximizing the value I have. So there's an exercise that you should do. It's called how much do I need to make per hour to pay my bills. And how much do I need to make per hour to pay my bills, put some money away for retirement, and how much do I need to make per hour to pay my bills, make some money for retirement, put some money away for a time and have a little fun in the process. And these are the numbers you need to know because then you judge the activities and it can't be shortsighted. It can't just be, well, if I need to make $500 per hour and I'm about to get 700,000 look at the headstart it gave me. But what do you weigh then then able to do with that time is really the issue and if you sell for a lot and you are stuck and you now have to work for X amount of years at X production, salary, whatever it may be, how is your numbers looking then. Yeah. Let's talk about another thing that goes into it. Equipment I, I've talked about this numerous times. How much of value does the equipment get in this process? The answer, unfortunately, is none. I recently met a dentist who bought somebody old equipment. Oh, patients attached no money. You know, she paid for the equipment. There was a bank that actually funded this, even though this wasn't the right thing to do. You can get into trouble way too easily in this industry. There has to come a time where you start to look at things the way a businessman does. You have to stop thinking like a dentist. You have to start looking at the alternatives and the possibilities of what you can make in this world. Follow Avi Weisfogel on Social Media linkedin.com/in/aviweisfogel crunchbase.com/person/avi-weisfogel twitter.com/avi_weisfogel facebook.com/avi.weisfogel vimeo.com/draviweisfogel/ Read More Information Regarding Dental Sleep Masters The Dental Sleep MBA approach to success in dental sleep medicine is unlike anything most dentists have experienced. Especially if youve attended another weekend sleep course. Because of this, weve prepared detailed communications that explain each facet of the program, and guide you through learning about the potential of doing dental sleep medicine the smart way.
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Dental Sleep MBA - 4 Year Program with Avi Weisfogel in Dental Sleep MBA

In this video Avi Weisfogel , The Entrepreneurial Dentist, discusses how to build value within your dental practice so that you can sell it. Visit Avi Weisfogel's website draviweisfogel.com or register for an event with Dental Sleep MBA here dentalsleepmba.com Listen to Avi Weisfogel podcasts here:aviweisfogel.libsyn.com/ podcasts.apple.com/us/podcast/entrepreneurial-dentist-podcast-with-avi-weisfogel/id1481430150?ls=1 play.google.com/music/m/Dmwjkgqpupjdrgllvswih4g57om Avi Weisfogel, The Entrepreneurial Dentist coming to you guys with the tips for today, which is really looking at the value of your practice. What the practice value is, and listen, what did, what do you get when you sell your practice? You know, part of my mission is always to make it so when a dentist goes to sell his life's work, he gets the max for it. Even then, it's not the prettiest thing. The trajectory path of most dentists is build your practice, keep your practice way past the point of its highest peak, and then sell it. As we know, dental practice itself are typically around 70 cents on the dollar. What I mean by that is there's this formula and this formula was just put out by someone and it's accepted. 70% of like the three year average growth seems to be a number that practices go for. Now. Of course, there are times where it goes for a little higher. There's times where it may go for lower. Let's talk about a time it may go for higher. DSO is are coming in with all sorts of offers and you feel like you've just hit the jackpot. What comes with that. A big restriction on your time. So it's like, well, I, this is great. I'm getting such an offer. How can I turn it down? But then you're not looking into the full picture, the full picture of how much you're able to create revenue wise during the period that you are beholden to this DSO three years, five years. And then what are you able to do in addition to when you sell out to this DSO. Yeah. It's a difficult process. So if you sell it to a DSL where your number gets higher, you're actually losing more money than if you just sold it, walked away and did something different with your time where you were actually maximizing the value I have. So there's an exercise that you should do. It's called how much do I need to make per hour to pay my bills. And how much do I need to make per hour to pay my bills, put some money away for retirement, and how much do I need to make per hour to pay my bills, make some money for retirement, put some money away for a time and have a little fun in the process. And these are the numbers you need to know because then you judge the activities and it can't be shortsighted. It can't just be, well, if I need to make $500 per hour and I'm about to get 700,000 look at the headstart it gave me. But what do you weigh then then able to do with that time is really the issue and if you sell for a lot and you are stuck and you now have to work for X amount of years at X production, salary, whatever it may be, how is your numbers looking then. Yeah. Let's talk about another thing that goes into it. Equipment I, I've talked about this numerous times. How much of value does the equipment get in this process? The answer, unfortunately, is none. I recently met a dentist who bought somebody old equipment. Oh, patients attached no money. You know, she paid for the equipment. There was a bank that actually funded this, even though this wasn't the right thing to do. You can get into trouble way too easily in this industry. There has to come a time where you start to look at things the way a businessman does. You have to stop thinking like a dentist. You have to start looking at the alternatives and the possibilities of what you can make in this world. Follow Avi Weisfogel on Social Media linkedin.com/in/aviweisfogel crunchbase.com/person/avi-weisfogel twitter.com/avi_weisfogel facebook.com/avi.weisfogel vimeo.com/draviweisfogel/ Get More Details Of Dental Sleep Masters The Dental Sleep MBA approach to success in dental sleep medicine is unlike anything most dentists have experienced. Especially if youve attended another weekend sleep course. Because of this, weve prepared detailed communications that explain each facet of the program, and guide you through learning about the potential of doing dental sleep medicine the smart way.
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Avi Weisfogel's International Academy of Sleep December 2019 Update in Dental Sleep MBA

Join the International Academy of Sleep and Dental Sleep MBA™ in Chicago to discover everything you need to know to build a successful sleep business that's completely separate from your dental practice. Tired of the stress of the daily "dental grind?" Burned out from spending years worrying about countless minute details? Looking for a new way to use your skills that is far more rewarding and profitable than traditional dentistry? Fed up with the financial pressures created by corporate dentistry, declining reimbursements, and sky-high overhead? Worried that traditional dentistry is not going to prepare you for a safe, secure and vibrant retirement? If you've said "Yes" to any of the items above, dental sleep medicine could very well be the path to take you to a future far brighter than one in traditional dentistry. Find out about more events from the International Academy of Sleep in 2020 dentalsleepmba.com/schedule/ Listen to the latest podcasts Dental Entrepreneurial podcasts by Avi Weisfogel here stitcher.com/podcast/dental-sleep-mba Watch videos from cofounder of Dental Sleep MBA Avi Weisfogel here vimeopro.com/draviweisfogel/avi-weisfogel More information about the Chicago dental sleep medicine event here posts.gle/SbR2G Avi Weisfogel The Entrepreneurial Dentist Podcast draviweisfogel.com Get More Details Of the Dental Sleep MBA The Dental Sleep MBA approach to success in dental sleep medicine is unlike anything most dentists have experienced. Especially if youve attended another weekend sleep course. Because of this, weve prepared detailed communications that explain each facet of the program, and guide you through learning about the potential of doing dental sleep medicine the smart way.
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Dental Sleep MBA Video Highlights from Dr. Avi Weisfogel in Dental Sleep MBA

Join the International Academy of Sleep and Dental Sleep MBA™ in Chicago to discover everything you need to know to build a successful sleep business that's completely separate from your dental practice. Tired of the stress of the daily "dental grind?" Burned out from spending years worrying about countless minute details? Looking for a new way to use your skills that is far more rewarding and profitable than traditional dentistry? Fed up with the financial pressures created by corporate dentistry, declining reimbursements, and sky-high overhead? Worried that traditional dentistry is not going to prepare you for a safe, secure and vibrant retirement? If you've said "Yes" to any of the items above, dental sleep medicine could very well be the path to take you to a future far brighter than one in traditional dentistry. Find out about more events from the International Academy of Sleep in 2020 dentalsleepmba.com/schedule/ Listen to the latest podcasts Dental Entrepreneurial podcasts by Avi Weisfogel here stitcher.com/podcast/dental-sleep-mba Watch videos from cofounder of Dental Sleep MBA Avi Weisfogel here vimeopro.com/draviweisfogel/avi-weisfogel More information about the Chicago dental sleep medicine event here posts.gle/SbR2G Avi Weisfogel The Entrepreneurial Dentist Podcast draviweisfogel.com Get More Information Regarding the Dental Sleep MBA Continuing Education The Dental Sleep MBA approach to success in dental sleep medicine is unlike anything most dentists have experienced. Especially if youve attended another weekend sleep course. Because of this, weve prepared detailed communications that explain each facet of the program, and guide you through learning about the potential of doing dental sleep medicine the smart way.
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How to Invest Your Time and Money Into Your Dental Business in Dental Sleep MBA

Join the International Academy of Sleep and Dental Sleep MBA™ in Chicago to discover everything you need to know to build a successful sleep business that's completely separate from your dental practice. Tired of the stress of the daily "dental grind?" Burned out from spending years worrying about countless minute details? Looking for a new way to use your skills that is far more rewarding and profitable than traditional dentistry? Fed up with the financial pressures created by corporate dentistry, declining reimbursements, and sky-high overhead? Worried that traditional dentistry is not going to prepare you for a safe, secure and vibrant retirement? If you've said "Yes" to any of the items above, dental sleep medicine could very well be the path to take you to a future far brighter than one in traditional dentistry. Find out about more events from the International Academy of Sleep in 2020 dentalsleepmba.com/schedule/ Listen to the latest podcasts Dental Entrepreneurial podcasts by Avi Weisfogel here stitcher.com/podcast/dental-sleep-mba Watch videos from cofounder of Dental Sleep MBA Avi Weisfogel here vimeopro.com/draviweisfogel/avi-weisfogel More information about the Chicago dental sleep medicine event here posts.gle/SbR2G Avi Weisfogel The Entrepreneurial Dentist Podcast draviweisfogel.com Find More Details Of Dental Sleep Masters The Dental Sleep MBA approach to success in dental sleep medicine is unlike anything most dentists have experienced. Especially if youve attended another weekend sleep course. Because of this, weve prepared detailed communications that explain each facet of the program, and guide you through learning about the potential of doing dental sleep medicine the smart way.
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How to Invest Your Time and Money Into Your Dental Practice

How to Invest Your Time and Money Into Your Dental Practice | Avi Weisfogel | Scoop.it
In this episode of The Entrepreneurial Dentist Avi Weisfogel talks about how he would do his entire dental career over by investing his money differently into the business. There are a lot of mistakes dentists make by spending it on the wrong things. How do you find what you will get a real return on investment.  And not only money invested, but time invested. When running a dental practice Avi Weisfogel discusses the importance of investing time into the business itself, and not just the people you are helping. Watch the full episode below: Investing Time and Money In Your Dental Practice You can read the full transcript of this Episode of the Entrepreneurial Dentist here https://draviweisfogel.com Avi Weisfogel started The International Academy of Sleep to help dentists transition to dental sleep medicine and have more lucrative careers. Take a look at some of the success stories from Dental Sleep MBA in these testimonials. Avi Weisfogel NJ Read More Details Of the Dental Sleep Masters Continuing Education The Dental Sleep MBA approach to success in dental sleep medicine is unlike anything most dentists have experienced. Especially if youve attended another weekend sleep course. Because of this, weve prepared detailed communications that explain each facet of the program, and guide you through learning about the potential of doing dental sleep medicine the smart way.
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Dental Sleep MBA Video Highlights from Dr. Avi Weisfogel in Dental Sleep MBA

Join the International Academy of Sleep and Dental Sleep MBA™ in Chicago to discover everything you need to know to build a successful sleep business that's completely separate from your dental practice. Tired of the stress of the daily "dental grind?" Burned out from spending years worrying about countless minute details? Looking for a new way to use your skills that is far more rewarding and profitable than traditional dentistry? Fed up with the financial pressures created by corporate dentistry, declining reimbursements, and sky-high overhead? Worried that traditional dentistry is not going to prepare you for a safe, secure and vibrant retirement? If you've said "Yes" to any of the items above, dental sleep medicine could very well be the path to take you to a future far brighter than one in traditional dentistry. Find out about more events from the International Academy of Sleep in 2020 dentalsleepmba.com/schedule/ Listen to the latest podcasts Dental Entrepreneurial podcasts by Avi Weisfogel here stitcher.com/podcast/dental-sleep-mba Watch videos from cofounder of Dental Sleep MBA Avi Weisfogel here vimeopro.com/draviweisfogel/avi-weisfogel More information about the Chicago dental sleep medicine event here posts.gle/SbR2G Avi Weisfogel The Entrepreneurial Dentist Podcast draviweisfogel.com Get More Information Regarding the Dental Sleep MBA The Dental Sleep MBA ™ approach to success in dental sleep medicine is unlike anything most dentists have experienced. Especially if you’ve attended another weekend “sleep course.” Because of this, we’ve prepared detailed communications that explain each facet of the program, and guide you through learning about the potential of doing dental sleep medicine the smart way.
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How to Build Value in Your Dental Practice and Sell It - Avi Weisfogel in Dental Sleep MBA

In this video Avi Weisfogel , The Entrepreneurial Dentist, discusses how to build value within your dental practice so that you can sell it. Visit Avi Weisfogel's website draviweisfogel.com or register for an event with Dental Sleep MBA here dentalsleepmba.com Listen to Avi Weisfogel podcasts here:aviweisfogel.libsyn.com/ podcasts.apple.com/us/podcast/entrepreneurial-dentist-podcast-with-avi-weisfogel/id1481430150?ls=1 play.google.com/music/m/Dmwjkgqpupjdrgllvswih4g57om Avi Weisfogel, The Entrepreneurial Dentist coming to you guys with the tips for today, which is really looking at the value of your practice. What the practice value is, and listen, what did, what do you get when you sell your practice? You know, part of my mission is always to make it so when a dentist goes to sell his life's work, he gets the max for it. Even then, it's not the prettiest thing. The trajectory path of most dentists is build your practice, keep your practice way past the point of its highest peak, and then sell it. As we know, dental practice itself are typically around 70 cents on the dollar. What I mean by that is there's this formula and this formula was just put out by someone and it's accepted. 70% of like the three year average growth seems to be a number that practices go for. Now. Of course, there are times where it goes for a little higher. There's times where it may go for lower. Let's talk about a time it may go for higher. DSO is are coming in with all sorts of offers and you feel like you've just hit the jackpot. What comes with that. A big restriction on your time. So it's like, well, I, this is great. I'm getting such an offer. How can I turn it down? But then you're not looking into the full picture, the full picture of how much you're able to create revenue wise during the period that you are beholden to this DSO three years, five years. And then what are you able to do in addition to when you sell out to this DSO. Yeah. It's a difficult process. So if you sell it to a DSL where your number gets higher, you're actually losing more money than if you just sold it, walked away and did something different with your time where you were actually maximizing the value I have. So there's an exercise that you should do. It's called how much do I need to make per hour to pay my bills. And how much do I need to make per hour to pay my bills, put some money away for retirement, and how much do I need to make per hour to pay my bills, make some money for retirement, put some money away for a time and have a little fun in the process. And these are the numbers you need to know because then you judge the activities and it can't be shortsighted. It can't just be, well, if I need to make $500 per hour and I'm about to get 700,000 look at the headstart it gave me. But what do you weigh then then able to do with that time is really the issue and if you sell for a lot and you are stuck and you now have to work for X amount of years at X production, salary, whatever it may be, how is your numbers looking then. Yeah. Let's talk about another thing that goes into it. Equipment I, I've talked about this numerous times. How much of value does the equipment get in this process? The answer, unfortunately, is none. I recently met a dentist who bought somebody old equipment. Oh, patients attached no money. You know, she paid for the equipment. There was a bank that actually funded this, even though this wasn't the right thing to do. You can get into trouble way too easily in this industry. There has to come a time where you start to look at things the way a businessman does. You have to stop thinking like a dentist. You have to start looking at the alternatives and the possibilities of what you can make in this world. Follow Avi Weisfogel on Social Media linkedin.com/in/aviweisfogel crunchbase.com/person/avi-weisfogel twitter.com/avi_weisfogel facebook.com/avi.weisfogel vimeo.com/draviweisfogel/ Get More Information Regarding the Dental Sleep MBA Continuing Education The Dental Sleep MBA ™ approach to success in dental sleep medicine is unlike anything most dentists have experienced. Especially if you’ve attended another weekend “sleep course.” Because of this, we’ve prepared detailed communications that explain each facet of the program, and guide you through learning about the potential of doing dental sleep medicine the smart way.
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How to Invest Your Time and Money Into Your Dental Business in Dental Sleep MBA

Join the International Academy of Sleep and Dental Sleep MBA™ in Chicago to discover everything you need to know to build a successful sleep business that's completely separate from your dental practice. Tired of the stress of the daily "dental grind?" Burned out from spending years worrying about countless minute details? Looking for a new way to use your skills that is far more rewarding and profitable than traditional dentistry? Fed up with the financial pressures created by corporate dentistry, declining reimbursements, and sky-high overhead? Worried that traditional dentistry is not going to prepare you for a safe, secure and vibrant retirement? If you've said "Yes" to any of the items above, dental sleep medicine could very well be the path to take you to a future far brighter than one in traditional dentistry. Find out about more events from the International Academy of Sleep in 2020 dentalsleepmba.com/schedule/ Listen to the latest podcasts Dental Entrepreneurial podcasts by Avi Weisfogel here stitcher.com/podcast/dental-sleep-mba Watch videos from cofounder of Dental Sleep MBA Avi Weisfogel here vimeopro.com/draviweisfogel/avi-weisfogel More information about the Chicago dental sleep medicine event here posts.gle/SbR2G Avi Weisfogel The Entrepreneurial Dentist Podcast draviweisfogel.com Find More Details Of the Dental Sleep MBA The Dental Sleep MBA ™ approach to success in dental sleep medicine is unlike anything most dentists have experienced. Especially if you’ve attended another weekend “sleep course.” Because of this, we’ve prepared detailed communications that explain each facet of the program, and guide you through learning about the potential of doing dental sleep medicine the smart way.
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Avi Weisfogel's 2020 Dental Sleep Medicine Updates in Dental Sleep MBA

Join the International Academy of Sleep and Dental Sleep MBA™ in Chicago to discover everything you need to know to build a successful sleep business that's completely separate from your dental practice. Tired of the stress of the daily "dental grind?" Burned out from spending years worrying about countless minute details? Looking for a new way to use your skills that is far more rewarding and profitable than traditional dentistry? Fed up with the financial pressures created by corporate dentistry, declining reimbursements, and sky-high overhead? Worried that traditional dentistry is not going to prepare you for a safe, secure and vibrant retirement? If you've said "Yes" to any of the items above, dental sleep medicine could very well be the path to take you to a future far brighter than one in traditional dentistry. Find out about more events from the International Academy of Sleep in 2020 dentalsleepmba.com/schedule/ Listen to the latest podcasts Dental Entrepreneurial podcasts by Avi Weisfogel here stitcher.com/podcast/dental-sleep-mba Watch videos from cofounder of Dental Sleep MBA Avi Weisfogel here vimeopro.com/draviweisfogel/avi-weisfogel More information about the Chicago dental sleep medicine event here posts.gle/SbR2G Avi Weisfogel The Entrepreneurial Dentist Podcast draviweisfogel.com Read More Details Of the Dental Sleep MBA The Dental Sleep MBA ™ approach to success in dental sleep medicine is unlike anything most dentists have experienced. Especially if you’ve attended another weekend “sleep course.” Because of this, we’ve prepared detailed communications that explain each facet of the program, and guide you through learning about the potential of doing dental sleep medicine the smart way.
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Avi Weisfogel's International Academy of Sleep December 2019 Update in Dental Sleep MBA

Join the International Academy of Sleep and Dental Sleep MBA™ in Chicago to discover everything you need to know to build a successful sleep business that's completely separate from your dental practice. Tired of the stress of the daily "dental grind?" Burned out from spending years worrying about countless minute details? Looking for a new way to use your skills that is far more rewarding and profitable than traditional dentistry? Fed up with the financial pressures created by corporate dentistry, declining reimbursements, and sky-high overhead? Worried that traditional dentistry is not going to prepare you for a safe, secure and vibrant retirement? If you've said "Yes" to any of the items above, dental sleep medicine could very well be the path to take you to a future far brighter than one in traditional dentistry. Find out about more events from the International Academy of Sleep in 2020 dentalsleepmba.com/schedule/ Listen to the latest podcasts Dental Entrepreneurial podcasts by Avi Weisfogel here stitcher.com/podcast/dental-sleep-mba Watch videos from cofounder of Dental Sleep MBA Avi Weisfogel here vimeopro.com/draviweisfogel/avi-weisfogel More information about the Chicago dental sleep medicine event here posts.gle/SbR2G Avi Weisfogel The Entrepreneurial Dentist Podcast draviweisfogel.com Read More Details About the Dental Sleep MBA The Dental Sleep MBA ™ approach to success in dental sleep medicine is unlike anything most dentists have experienced. Especially if you’ve attended another weekend “sleep course.” Because of this, we’ve prepared detailed communications that explain each facet of the program, and guide you through learning about the potential of doing dental sleep medicine the smart way.
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Master a Niche and Sell For Success - Happiest Dentist in the World

The Dental Sleep MBA is a training program for dentists who want an entirely new way to build a successful practice. https://www.dentalsleepmba.com
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Convince Me You Have What it Takes | Avi Weisfogel Dental Sleep MBA in Dental Sleep MBA

In this video Avi Weisfogel , The Entrepreneurial Dentist, discusses how to build value within your dental practice so that you can sell it. Visit Avi Weisfogel's website draviweisfogel.com or register for an event with Dental Sleep MBA here dentalsleepmba.com Listen to Avi Weisfogel podcasts here:aviweisfogel.libsyn.com/ podcasts.apple.com/us/podcast/entrepreneurial-dentist-podcast-with-avi-weisfogel/id1481430150?ls=1 play.google.com/music/m/Dmwjkgqpupjdrgllvswih4g57om Avi Weisfogel, The Entrepreneurial Dentist coming to you guys with the tips for today, which is really looking at the value of your practice. What the practice value is, and listen, what did, what do you get when you sell your practice? You know, part of my mission is always to make it so when a dentist goes to sell his life's work, he gets the max for it. Even then, it's not the prettiest thing. The trajectory path of most dentists is build your practice, keep your practice way past the point of its highest peak, and then sell it. As we know, dental practice itself are typically around 70 cents on the dollar. What I mean by that is there's this formula and this formula was just put out by someone and it's accepted. 70% of like the three year average growth seems to be a number that practices go for. Now. Of course, there are times where it goes for a little higher. There's times where it may go for lower. Let's talk about a time it may go for higher. DSO is are coming in with all sorts of offers and you feel like you've just hit the jackpot. What comes with that. A big restriction on your time. So it's like, well, I, this is great. I'm getting such an offer. How can I turn it down? But then you're not looking into the full picture, the full picture of how much you're able to create revenue wise during the period that you are beholden to this DSO three years, five years. And then what are you able to do in addition to when you sell out to this DSO. Yeah. It's a difficult process. So if you sell it to a DSL where your number gets higher, you're actually losing more money than if you just sold it, walked away and did something different with your time where you were actually maximizing the value I have. So there's an exercise that you should do. It's called how much do I need to make per hour to pay my bills. And how much do I need to make per hour to pay my bills, put some money away for retirement, and how much do I need to make per hour to pay my bills, make some money for retirement, put some money away for a time and have a little fun in the process. And these are the numbers you need to know because then you judge the activities and it can't be shortsighted. It can't just be, well, if I need to make $500 per hour and I'm about to get 700,000 look at the headstart it gave me. But what do you weigh then then able to do with that time is really the issue and if you sell for a lot and you are stuck and you now have to work for X amount of years at X production, salary, whatever it may be, how is your numbers looking then. Yeah. Let's talk about another thing that goes into it. Equipment I, I've talked about this numerous times. How much of value does the equipment get in this process? The answer, unfortunately, is none. I recently met a dentist who bought somebody old equipment. Oh, patients attached no money. You know, she paid for the equipment. There was a bank that actually funded this, even though this wasn't the right thing to do. You can get into trouble way too easily in this industry. There has to come a time where you start to look at things the way a businessman does. You have to stop thinking like a dentist. You have to start looking at the alternatives and the possibilities of what you can make in this world. Follow Avi Weisfogel on Social Media linkedin.com/in/aviweisfogel crunchbase.com/person/avi-weisfogel twitter.com/avi_weisfogel facebook.com/avi.weisfogel vimeo.com/draviweisfogel/ Find More Info About Dental Sleep Masters The Dental Sleep MBA approach to success in dental sleep medicine is unlike anything most dentists have experienced. Especially if youve attended another weekend sleep course. Because of this, weve prepared detailed communications that explain each facet of the program, and guide you through learning about the potential of doing dental sleep medicine the smart way.
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Take Your Dental Business to the Next Level with Higher Sales in Dental Sleep MBA

In this video Avi Weisfogel , The Entrepreneurial Dentist, discusses how to build value within your dental practice so that you can sell it. Visit Avi Weisfogel's website draviweisfogel.com or register for an event with Dental Sleep MBA here dentalsleepmba.com Listen to Avi Weisfogel podcasts here:aviweisfogel.libsyn.com/ podcasts.apple.com/us/podcast/entrepreneurial-dentist-podcast-with-avi-weisfogel/id1481430150?ls=1 play.google.com/music/m/Dmwjkgqpupjdrgllvswih4g57om Avi Weisfogel, The Entrepreneurial Dentist coming to you guys with the tips for today, which is really looking at the value of your practice. What the practice value is, and listen, what did, what do you get when you sell your practice? You know, part of my mission is always to make it so when a dentist goes to sell his life's work, he gets the max for it. Even then, it's not the prettiest thing. The trajectory path of most dentists is build your practice, keep your practice way past the point of its highest peak, and then sell it. As we know, dental practice itself are typically around 70 cents on the dollar. What I mean by that is there's this formula and this formula was just put out by someone and it's accepted. 70% of like the three year average growth seems to be a number that practices go for. Now. Of course, there are times where it goes for a little higher. There's times where it may go for lower. Let's talk about a time it may go for higher. DSO is are coming in with all sorts of offers and you feel like you've just hit the jackpot. What comes with that. A big restriction on your time. So it's like, well, I, this is great. I'm getting such an offer. How can I turn it down? But then you're not looking into the full picture, the full picture of how much you're able to create revenue wise during the period that you are beholden to this DSO three years, five years. And then what are you able to do in addition to when you sell out to this DSO. Yeah. It's a difficult process. So if you sell it to a DSL where your number gets higher, you're actually losing more money than if you just sold it, walked away and did something different with your time where you were actually maximizing the value I have. So there's an exercise that you should do. It's called how much do I need to make per hour to pay my bills. And how much do I need to make per hour to pay my bills, put some money away for retirement, and how much do I need to make per hour to pay my bills, make some money for retirement, put some money away for a time and have a little fun in the process. And these are the numbers you need to know because then you judge the activities and it can't be shortsighted. It can't just be, well, if I need to make $500 per hour and I'm about to get 700,000 look at the headstart it gave me. But what do you weigh then then able to do with that time is really the issue and if you sell for a lot and you are stuck and you now have to work for X amount of years at X production, salary, whatever it may be, how is your numbers looking then. Yeah. Let's talk about another thing that goes into it. Equipment I, I've talked about this numerous times. How much of value does the equipment get in this process? The answer, unfortunately, is none. I recently met a dentist who bought somebody old equipment. Oh, patients attached no money. You know, she paid for the equipment. There was a bank that actually funded this, even though this wasn't the right thing to do. You can get into trouble way too easily in this industry. There has to come a time where you start to look at things the way a businessman does. You have to stop thinking like a dentist. You have to start looking at the alternatives and the possibilities of what you can make in this world. Follow Avi Weisfogel on Social Media linkedin.com/in/aviweisfogel crunchbase.com/person/avi-weisfogel twitter.com/avi_weisfogel facebook.com/avi.weisfogel vimeo.com/draviweisfogel/ Read More Details About the Dental Sleep MBA Continuing Education The Dental Sleep MBA approach to success in dental sleep medicine is unlike anything most dentists have experienced. Especially if youve attended another weekend sleep course. Because of this, weve prepared detailed communications that explain each facet of the program, and guide you through learning about the potential of doing dental sleep medicine the smart way.
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How to Build Value in Your Dental Practice and Sell It - Avi Weisfogel in Dental Sleep MBA

In this video Avi Weisfogel , The Entrepreneurial Dentist, discusses how to build value within your dental practice so that you can sell it. Visit Avi Weisfogel's website draviweisfogel.com or register for an event with Dental Sleep MBA here dentalsleepmba.com Listen to Avi Weisfogel podcasts here:aviweisfogel.libsyn.com/ podcasts.apple.com/us/podcast/entrepreneurial-dentist-podcast-with-avi-weisfogel/id1481430150?ls=1 play.google.com/music/m/Dmwjkgqpupjdrgllvswih4g57om Avi Weisfogel, The Entrepreneurial Dentist coming to you guys with the tips for today, which is really looking at the value of your practice. What the practice value is, and listen, what did, what do you get when you sell your practice? You know, part of my mission is always to make it so when a dentist goes to sell his life's work, he gets the max for it. Even then, it's not the prettiest thing. The trajectory path of most dentists is build your practice, keep your practice way past the point of its highest peak, and then sell it. As we know, dental practice itself are typically around 70 cents on the dollar. What I mean by that is there's this formula and this formula was just put out by someone and it's accepted. 70% of like the three year average growth seems to be a number that practices go for. Now. Of course, there are times where it goes for a little higher. There's times where it may go for lower. Let's talk about a time it may go for higher. DSO is are coming in with all sorts of offers and you feel like you've just hit the jackpot. What comes with that. A big restriction on your time. So it's like, well, I, this is great. I'm getting such an offer. How can I turn it down? But then you're not looking into the full picture, the full picture of how much you're able to create revenue wise during the period that you are beholden to this DSO three years, five years. And then what are you able to do in addition to when you sell out to this DSO. Yeah. It's a difficult process. So if you sell it to a DSL where your number gets higher, you're actually losing more money than if you just sold it, walked away and did something different with your time where you were actually maximizing the value I have. So there's an exercise that you should do. It's called how much do I need to make per hour to pay my bills. And how much do I need to make per hour to pay my bills, put some money away for retirement, and how much do I need to make per hour to pay my bills, make some money for retirement, put some money away for a time and have a little fun in the process. And these are the numbers you need to know because then you judge the activities and it can't be shortsighted. It can't just be, well, if I need to make $500 per hour and I'm about to get 700,000 look at the headstart it gave me. But what do you weigh then then able to do with that time is really the issue and if you sell for a lot and you are stuck and you now have to work for X amount of years at X production, salary, whatever it may be, how is your numbers looking then. Yeah. Let's talk about another thing that goes into it. Equipment I, I've talked about this numerous times. How much of value does the equipment get in this process? The answer, unfortunately, is none. I recently met a dentist who bought somebody old equipment. Oh, patients attached no money. You know, she paid for the equipment. There was a bank that actually funded this, even though this wasn't the right thing to do. You can get into trouble way too easily in this industry. There has to come a time where you start to look at things the way a businessman does. You have to stop thinking like a dentist. You have to start looking at the alternatives and the possibilities of what you can make in this world. Follow Avi Weisfogel on Social Media linkedin.com/in/aviweisfogel crunchbase.com/person/avi-weisfogel twitter.com/avi_weisfogel facebook.com/avi.weisfogel vimeo.com/draviweisfogel/ Read More Information About Dental Sleep Masters The Dental Sleep MBA approach to success in dental sleep medicine is unlike anything most dentists have experienced. Especially if youve attended another weekend sleep course. Because of this, weve prepared detailed communications that explain each facet of the program, and guide you through learning about the potential of doing dental sleep medicine the smart way.
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Avi Weisfogel's 2020 Dental Sleep Medicine Updates in Dental Sleep MBA

Join the International Academy of Sleep and Dental Sleep MBA™ in Chicago to discover everything you need to know to build a successful sleep business that's completely separate from your dental practice. Tired of the stress of the daily "dental grind?" Burned out from spending years worrying about countless minute details? Looking for a new way to use your skills that is far more rewarding and profitable than traditional dentistry? Fed up with the financial pressures created by corporate dentistry, declining reimbursements, and sky-high overhead? Worried that traditional dentistry is not going to prepare you for a safe, secure and vibrant retirement? If you've said "Yes" to any of the items above, dental sleep medicine could very well be the path to take you to a future far brighter than one in traditional dentistry. Find out about more events from the International Academy of Sleep in 2020 dentalsleepmba.com/schedule/ Listen to the latest podcasts Dental Entrepreneurial podcasts by Avi Weisfogel here stitcher.com/podcast/dental-sleep-mba Watch videos from cofounder of Dental Sleep MBA Avi Weisfogel here vimeopro.com/draviweisfogel/avi-weisfogel More information about the Chicago dental sleep medicine event here posts.gle/SbR2G Avi Weisfogel The Entrepreneurial Dentist Podcast draviweisfogel.com Read More Information On the Dental Sleep Masters Continuing Education The Dental Sleep MBA approach to success in dental sleep medicine is unlike anything most dentists have experienced. Especially if youve attended another weekend sleep course. Because of this, weve prepared detailed communications that explain each facet of the program, and guide you through learning about the potential of doing dental sleep medicine the smart way.
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Dental Sleep MBA Chicago Event - April 3rd to April 5th in Dental Sleep MBA

Join the International Academy of Sleep and Dental Sleep MBA™ in Chicago to discover everything you need to know to build a successful sleep business that's completely separate from your dental practice. Tired of the stress of the daily "dental grind?" Burned out from spending years worrying about countless minute details? Looking for a new way to use your skills that is far more rewarding and profitable than traditional dentistry? Fed up with the financial pressures created by corporate dentistry, declining reimbursements, and sky-high overhead? Worried that traditional dentistry is not going to prepare you for a safe, secure and vibrant retirement? If you've said "Yes" to any of the items above, dental sleep medicine could very well be the path to take you to a future far brighter than one in traditional dentistry. Find out about more events from the International Academy of Sleep in 2020 dentalsleepmba.com/schedule/ Listen to the latest podcasts Dental Entrepreneurial podcasts by Avi Weisfogel here stitcher.com/podcast/dental-sleep-mba Watch videos from cofounder of Dental Sleep MBA Avi Weisfogel here vimeopro.com/draviweisfogel/avi-weisfogel More information about the Chicago dental sleep medicine event here posts.gle/SbR2G Avi Weisfogel The Entrepreneurial Dentist Podcast draviweisfogel.com Find More Information About Dental Sleep Masters The Dental Sleep MBA approach to success in dental sleep medicine is unlike anything most dentists have experienced. Especially if youve attended another weekend sleep course. Because of this, weve prepared detailed communications that explain each facet of the program, and guide you through learning about the potential of doing dental sleep medicine the smart way.
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Convince Me You Have What it Takes | Avi Weisfogel Dental Sleep MBA in Dental Sleep MBA

In this video Avi Weisfogel , The Entrepreneurial Dentist, discusses how to build value within your dental practice so that you can sell it. Visit Avi Weisfogel's website draviweisfogel.com or register for an event with Dental Sleep MBA here dentalsleepmba.com Listen to Avi Weisfogel podcasts here:aviweisfogel.libsyn.com/ podcasts.apple.com/us/podcast/entrepreneurial-dentist-podcast-with-avi-weisfogel/id1481430150?ls=1 play.google.com/music/m/Dmwjkgqpupjdrgllvswih4g57om Avi Weisfogel, The Entrepreneurial Dentist coming to you guys with the tips for today, which is really looking at the value of your practice. What the practice value is, and listen, what did, what do you get when you sell your practice? You know, part of my mission is always to make it so when a dentist goes to sell his life's work, he gets the max for it. Even then, it's not the prettiest thing. The trajectory path of most dentists is build your practice, keep your practice way past the point of its highest peak, and then sell it. As we know, dental practice itself are typically around 70 cents on the dollar. What I mean by that is there's this formula and this formula was just put out by someone and it's accepted. 70% of like the three year average growth seems to be a number that practices go for. Now. Of course, there are times where it goes for a little higher. There's times where it may go for lower. Let's talk about a time it may go for higher. DSO is are coming in with all sorts of offers and you feel like you've just hit the jackpot. What comes with that. A big restriction on your time. So it's like, well, I, this is great. I'm getting such an offer. How can I turn it down? But then you're not looking into the full picture, the full picture of how much you're able to create revenue wise during the period that you are beholden to this DSO three years, five years. And then what are you able to do in addition to when you sell out to this DSO. Yeah. It's a difficult process. So if you sell it to a DSL where your number gets higher, you're actually losing more money than if you just sold it, walked away and did something different with your time where you were actually maximizing the value I have. So there's an exercise that you should do. It's called how much do I need to make per hour to pay my bills. And how much do I need to make per hour to pay my bills, put some money away for retirement, and how much do I need to make per hour to pay my bills, make some money for retirement, put some money away for a time and have a little fun in the process. And these are the numbers you need to know because then you judge the activities and it can't be shortsighted. It can't just be, well, if I need to make $500 per hour and I'm about to get 700,000 look at the headstart it gave me. But what do you weigh then then able to do with that time is really the issue and if you sell for a lot and you are stuck and you now have to work for X amount of years at X production, salary, whatever it may be, how is your numbers looking then. Yeah. Let's talk about another thing that goes into it. Equipment I, I've talked about this numerous times. How much of value does the equipment get in this process? The answer, unfortunately, is none. I recently met a dentist who bought somebody old equipment. Oh, patients attached no money. You know, she paid for the equipment. There was a bank that actually funded this, even though this wasn't the right thing to do. You can get into trouble way too easily in this industry. There has to come a time where you start to look at things the way a businessman does. You have to stop thinking like a dentist. You have to start looking at the alternatives and the possibilities of what you can make in this world. Follow Avi Weisfogel on Social Media linkedin.com/in/aviweisfogel crunchbase.com/person/avi-weisfogel twitter.com/avi_weisfogel facebook.com/avi.weisfogel vimeo.com/draviweisfogel/ Read More Details Of the Dental Sleep MBA The Dental Sleep MBA ™ approach to success in dental sleep medicine is unlike anything most dentists have experienced. Especially if you’ve attended another weekend “sleep course.” Because of this, we’ve prepared detailed communications that explain each facet of the program, and guide you through learning about the potential of doing dental sleep medicine the smart way.
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Work Smarter, Not Harder: Happiest Dentist Tip From Avi Weisfogel in Dental Sleep MBA

In this video Avi Weisfogel , The Entrepreneurial Dentist, discusses how to build value within your dental practice so that you can sell it. Visit Avi Weisfogel's website draviweisfogel.com or register for an event with Dental Sleep MBA here dentalsleepmba.com Listen to Avi Weisfogel podcasts here:aviweisfogel.libsyn.com/ podcasts.apple.com/us/podcast/entrepreneurial-dentist-podcast-with-avi-weisfogel/id1481430150?ls=1 play.google.com/music/m/Dmwjkgqpupjdrgllvswih4g57om Avi Weisfogel, The Entrepreneurial Dentist coming to you guys with the tips for today, which is really looking at the value of your practice. What the practice value is, and listen, what did, what do you get when you sell your practice? You know, part of my mission is always to make it so when a dentist goes to sell his life's work, he gets the max for it. Even then, it's not the prettiest thing. The trajectory path of most dentists is build your practice, keep your practice way past the point of its highest peak, and then sell it. As we know, dental practice itself are typically around 70 cents on the dollar. What I mean by that is there's this formula and this formula was just put out by someone and it's accepted. 70% of like the three year average growth seems to be a number that practices go for. Now. Of course, there are times where it goes for a little higher. There's times where it may go for lower. Let's talk about a time it may go for higher. DSO is are coming in with all sorts of offers and you feel like you've just hit the jackpot. What comes with that. A big restriction on your time. So it's like, well, I, this is great. I'm getting such an offer. How can I turn it down? But then you're not looking into the full picture, the full picture of how much you're able to create revenue wise during the period that you are beholden to this DSO three years, five years. And then what are you able to do in addition to when you sell out to this DSO. Yeah. It's a difficult process. So if you sell it to a DSL where your number gets higher, you're actually losing more money than if you just sold it, walked away and did something different with your time where you were actually maximizing the value I have. So there's an exercise that you should do. It's called how much do I need to make per hour to pay my bills. And how much do I need to make per hour to pay my bills, put some money away for retirement, and how much do I need to make per hour to pay my bills, make some money for retirement, put some money away for a time and have a little fun in the process. And these are the numbers you need to know because then you judge the activities and it can't be shortsighted. It can't just be, well, if I need to make $500 per hour and I'm about to get 700,000 look at the headstart it gave me. But what do you weigh then then able to do with that time is really the issue and if you sell for a lot and you are stuck and you now have to work for X amount of years at X production, salary, whatever it may be, how is your numbers looking then. Yeah. Let's talk about another thing that goes into it. Equipment I, I've talked about this numerous times. How much of value does the equipment get in this process? The answer, unfortunately, is none. I recently met a dentist who bought somebody old equipment. Oh, patients attached no money. You know, she paid for the equipment. There was a bank that actually funded this, even though this wasn't the right thing to do. You can get into trouble way too easily in this industry. There has to come a time where you start to look at things the way a businessman does. You have to stop thinking like a dentist. You have to start looking at the alternatives and the possibilities of what you can make in this world. Follow Avi Weisfogel on Social Media linkedin.com/in/aviweisfogel crunchbase.com/person/avi-weisfogel twitter.com/avi_weisfogel facebook.com/avi.weisfogel vimeo.com/draviweisfogel/ Read More Details About Dental Sleep Masters The Dental Sleep MBA ™ approach to success in dental sleep medicine is unlike anything most dentists have experienced. Especially if you’ve attended another weekend “sleep course.” Because of this, we’ve prepared detailed communications that explain each facet of the program, and guide you through learning about the potential of doing dental sleep medicine the smart way.
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Dental Sleep MBA Chicago Event - April 3rd to April 5th in Dental Sleep MBA

Join the International Academy of Sleep and Dental Sleep MBA™ in Chicago to discover everything you need to know to build a successful sleep business that's completely separate from your dental practice. Tired of the stress of the daily "dental grind?" Burned out from spending years worrying about countless minute details? Looking for a new way to use your skills that is far more rewarding and profitable than traditional dentistry? Fed up with the financial pressures created by corporate dentistry, declining reimbursements, and sky-high overhead? Worried that traditional dentistry is not going to prepare you for a safe, secure and vibrant retirement? If you've said "Yes" to any of the items above, dental sleep medicine could very well be the path to take you to a future far brighter than one in traditional dentistry. Find out about more events from the International Academy of Sleep in 2020 dentalsleepmba.com/schedule/ Listen to the latest podcasts Dental Entrepreneurial podcasts by Avi Weisfogel here stitcher.com/podcast/dental-sleep-mba Watch videos from cofounder of Dental Sleep MBA Avi Weisfogel here vimeopro.com/draviweisfogel/avi-weisfogel More information about the Chicago dental sleep medicine event here posts.gle/SbR2G Avi Weisfogel The Entrepreneurial Dentist Podcast draviweisfogel.com Read More Information About the Dental Sleep MBA The Dental Sleep MBA ™ approach to success in dental sleep medicine is unlike anything most dentists have experienced. Especially if you’ve attended another weekend “sleep course.” Because of this, we’ve prepared detailed communications that explain each facet of the program, and guide you through learning about the potential of doing dental sleep medicine the smart way.
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Take Your Dental Business to the Next Level with Higher Sales in Dental Sleep MBA

In this video Avi Weisfogel , The Entrepreneurial Dentist, discusses how to build value within your dental practice so that you can sell it. Visit Avi Weisfogel's website draviweisfogel.com or register for an event with Dental Sleep MBA here dentalsleepmba.com Listen to Avi Weisfogel podcasts here:aviweisfogel.libsyn.com/ podcasts.apple.com/us/podcast/entrepreneurial-dentist-podcast-with-avi-weisfogel/id1481430150?ls=1 play.google.com/music/m/Dmwjkgqpupjdrgllvswih4g57om Avi Weisfogel, The Entrepreneurial Dentist coming to you guys with the tips for today, which is really looking at the value of your practice. What the practice value is, and listen, what did, what do you get when you sell your practice? You know, part of my mission is always to make it so when a dentist goes to sell his life's work, he gets the max for it. Even then, it's not the prettiest thing. The trajectory path of most dentists is build your practice, keep your practice way past the point of its highest peak, and then sell it. As we know, dental practice itself are typically around 70 cents on the dollar. What I mean by that is there's this formula and this formula was just put out by someone and it's accepted. 70% of like the three year average growth seems to be a number that practices go for. Now. Of course, there are times where it goes for a little higher. There's times where it may go for lower. Let's talk about a time it may go for higher. DSO is are coming in with all sorts of offers and you feel like you've just hit the jackpot. What comes with that. A big restriction on your time. So it's like, well, I, this is great. I'm getting such an offer. How can I turn it down? But then you're not looking into the full picture, the full picture of how much you're able to create revenue wise during the period that you are beholden to this DSO three years, five years. And then what are you able to do in addition to when you sell out to this DSO. Yeah. It's a difficult process. So if you sell it to a DSL where your number gets higher, you're actually losing more money than if you just sold it, walked away and did something different with your time where you were actually maximizing the value I have. So there's an exercise that you should do. It's called how much do I need to make per hour to pay my bills. And how much do I need to make per hour to pay my bills, put some money away for retirement, and how much do I need to make per hour to pay my bills, make some money for retirement, put some money away for a time and have a little fun in the process. And these are the numbers you need to know because then you judge the activities and it can't be shortsighted. It can't just be, well, if I need to make $500 per hour and I'm about to get 700,000 look at the headstart it gave me. But what do you weigh then then able to do with that time is really the issue and if you sell for a lot and you are stuck and you now have to work for X amount of years at X production, salary, whatever it may be, how is your numbers looking then. Yeah. Let's talk about another thing that goes into it. Equipment I, I've talked about this numerous times. How much of value does the equipment get in this process? The answer, unfortunately, is none. I recently met a dentist who bought somebody old equipment. Oh, patients attached no money. You know, she paid for the equipment. There was a bank that actually funded this, even though this wasn't the right thing to do. You can get into trouble way too easily in this industry. There has to come a time where you start to look at things the way a businessman does. You have to stop thinking like a dentist. You have to start looking at the alternatives and the possibilities of what you can make in this world. Follow Avi Weisfogel on Social Media linkedin.com/in/aviweisfogel crunchbase.com/person/avi-weisfogel twitter.com/avi_weisfogel facebook.com/avi.weisfogel vimeo.com/draviweisfogel/ Read More Info About the Dental Sleep MBA The Dental Sleep MBA ™ approach to success in dental sleep medicine is unlike anything most dentists have experienced. Especially if you’ve attended another weekend “sleep course.” Because of this, we’ve prepared detailed communications that explain each facet of the program, and guide you through learning about the potential of doing dental sleep medicine the smart way.
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Dental Sleep MBA - 4 Year Program with Avi Weisfogel in Dental Sleep MBA

In this video Avi Weisfogel , The Entrepreneurial Dentist, discusses how to build value within your dental practice so that you can sell it. Visit Avi Weisfogel's website draviweisfogel.com or register for an event with Dental Sleep MBA here dentalsleepmba.com Listen to Avi Weisfogel podcasts here:aviweisfogel.libsyn.com/ podcasts.apple.com/us/podcast/entrepreneurial-dentist-podcast-with-avi-weisfogel/id1481430150?ls=1 play.google.com/music/m/Dmwjkgqpupjdrgllvswih4g57om Avi Weisfogel, The Entrepreneurial Dentist coming to you guys with the tips for today, which is really looking at the value of your practice. What the practice value is, and listen, what did, what do you get when you sell your practice? You know, part of my mission is always to make it so when a dentist goes to sell his life's work, he gets the max for it. Even then, it's not the prettiest thing. The trajectory path of most dentists is build your practice, keep your practice way past the point of its highest peak, and then sell it. As we know, dental practice itself are typically around 70 cents on the dollar. What I mean by that is there's this formula and this formula was just put out by someone and it's accepted. 70% of like the three year average growth seems to be a number that practices go for. Now. Of course, there are times where it goes for a little higher. There's times where it may go for lower. Let's talk about a time it may go for higher. DSO is are coming in with all sorts of offers and you feel like you've just hit the jackpot. What comes with that. A big restriction on your time. So it's like, well, I, this is great. I'm getting such an offer. How can I turn it down? But then you're not looking into the full picture, the full picture of how much you're able to create revenue wise during the period that you are beholden to this DSO three years, five years. And then what are you able to do in addition to when you sell out to this DSO. Yeah. It's a difficult process. So if you sell it to a DSL where your number gets higher, you're actually losing more money than if you just sold it, walked away and did something different with your time where you were actually maximizing the value I have. So there's an exercise that you should do. It's called how much do I need to make per hour to pay my bills. And how much do I need to make per hour to pay my bills, put some money away for retirement, and how much do I need to make per hour to pay my bills, make some money for retirement, put some money away for a time and have a little fun in the process. And these are the numbers you need to know because then you judge the activities and it can't be shortsighted. It can't just be, well, if I need to make $500 per hour and I'm about to get 700,000 look at the headstart it gave me. But what do you weigh then then able to do with that time is really the issue and if you sell for a lot and you are stuck and you now have to work for X amount of years at X production, salary, whatever it may be, how is your numbers looking then. Yeah. Let's talk about another thing that goes into it. Equipment I, I've talked about this numerous times. How much of value does the equipment get in this process? The answer, unfortunately, is none. I recently met a dentist who bought somebody old equipment. Oh, patients attached no money. You know, she paid for the equipment. There was a bank that actually funded this, even though this wasn't the right thing to do. You can get into trouble way too easily in this industry. There has to come a time where you start to look at things the way a businessman does. You have to stop thinking like a dentist. You have to start looking at the alternatives and the possibilities of what you can make in this world. Follow Avi Weisfogel on Social Media linkedin.com/in/aviweisfogel crunchbase.com/person/avi-weisfogel twitter.com/avi_weisfogel facebook.com/avi.weisfogel vimeo.com/draviweisfogel/ Get More Info About the Dental Sleep Masters Continuing Education The Dental Sleep MBA ™ approach to success in dental sleep medicine is unlike anything most dentists have experienced. Especially if you’ve attended another weekend “sleep course.” Because of this, we’ve prepared detailed communications that explain each facet of the program, and guide you through learning about the potential of doing dental sleep medicine the smart way.
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How to Invest Your Time and Money Into Your Dental Practice

How to Invest Your Time and Money Into Your Dental Practice | Avi Weisfogel | Scoop.it
In this episode of The Entrepreneurial Dentist Avi Weisfogel talks about how he would do his entire dental career over by investing his money differently into the business. There are a lot of mistakes dentists make by spending it on the wrong things. How do you find what you will get a real return on investment.  And not only money invested, but time invested. When running a dental practice Avi Weisfogel discusses the importance of investing time into the business itself, and not just the people you are helping. Watch the full episode below: Investing Time and Money In Your Dental Practice You can read the full transcript of this Episode of the Entrepreneurial Dentist here https://draviweisfogel.com Avi Weisfogel started The International Academy of Sleep to help dentists transition to dental sleep medicine and have more lucrative careers. Take a look at some of the success stories from Dental Sleep MBA in these testimonials. Avi Weisfogel NJ Find More Details Of the Dental Sleep Masters Continuing Education The Dental Sleep MBA ™ approach to success in dental sleep medicine is unlike anything most dentists have experienced. Especially if you’ve attended another weekend “sleep course.” Because of this, we’ve prepared detailed communications that explain each facet of the program, and guide you through learning about the potential of doing dental sleep medicine the smart way.
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