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3 Reasons Why Dentists Face an Uphill Battle to Retirement
Retirement has often been depicted as a three-legged stool, held steady by Social Security, pensions, and personal...
Episode 150
6 Years of Episodes, 6 Years of Change
Casey and Jarrod are joined by the COO of Four Quadrants, Baxter Brogan, to reminisce about the very first episode of The Millionaire Dentist six years ago and how the firm and dentistry have changed since then.
Episode 149
The Perfect Recipe for a Successful Practice
Casey and Jarrod sit down for an entertaining discussion on what the perfect recipe is for chili and how that relates to dental practices.
Episode 148
What Practice Pains Do You Experience?
Casey returns to join Jarrod on this week's episode where they dive into dental practice pains and how they may be the same or different depending on geography and the doctor's age.
Episode 147
The IRS, 2023, and Retirement
New year. New updates to retirement accounts. Jarrod is joined by Sam Neff, Associate Financial Planner from Four Quadrants, to give updated numbers to the 401k, IRAs, and help explain the differences between different kinds of plans.
Episode 146
Is it Time to Hire an Associate?
Hiring an associate sounds like a good idea. It's a sign that you're successful. The problem is that it doesn't always work out. Casey and Jarrod discuss what to consider before hiring an associate and the snowball effect of not doing it correctly.
Episode 145
A Healthy Practice makes Money
It's a brand new year. Casey and Jarrod return from break to discuss healthy habits and the effects they can have on a dental practice.
Episode 144
2022 Year-End Tax Wrap-Up
Steve "Pipes" Levy, JD, CPA, joins Casey and Jarrod to school them on some year-end tax information that applies to both you and your dental practice.
Episode 143
Setting Realistic New Year's Resolutions
2023 is nearly here. Have you set yourself up with any resolutions or goals for the new year? Casey and Jarrod discuss how setting quantifiable professional goals can make a large difference throughout the year.
Episode 142
The Gift of Four Quadrants Advisory
The Holiday Season is upon us! Casey and Jarrod discuss the joy of giving and the joy of the hard numbers our clients are making and saving after joining our firm.
Episode 141
COMPLIMENTARY FINANCIAL ASSESSMENT PT 3: CASHFLOW STRATEGIES, DEBT MANAGEMENT, & INVESTMENT STRATEGIES
In Part 3 of 3, Casey and Jarrod dive into more detail about what areas our complimentary assessment covers. They talk about the final two options available: Mergers & Acquisitions, and Transitions.
Episode 140
COMPLIMENTARY FINANCIAL ASSESSMENT PT 2
In Part 2 of 3, Casey and Jarrod dive into more detail about what areas our complimentary assessment covers. They talk about three of the 8 options available: Cashflow Strategies, Debt Management, and Investment Strategies.
Episode 139
COMPLIMENTARY FINANCIAL ASSESSMENT PT 1
Casey and Jarrod dive into more detail with what areas our complimentary assessment covers. In this first part, they talk about three of the 8 options available: Business Consulting, Tax Planning & Accounting, and Financial Planning.
Episode 138
Student Loan Forgiveness Explained
CPA Steve Levy stops by to explain to Casey and Jarrod what Student Loan Forgiveness is, who qualifies, which loans qualify, and how to apply.
Episode 137
Improve Your Practice's Finances with Expert Advice
You've been a successful practice owner for years but you've reached a point where you've plateaued financially. Maybe it's time to get some expert advice. Casey and Jarrod discuss how after nearly 20 years in business, Four Quadrants Advisory has launched a free Complimentary Practice Assessment.
Episode 136
Is it Time to Get a Second Opinion on Your Finances?
Your dental practice has been successful for years now, but can it be more successful? Do you have a feeling in your gut that you could be making more money and saving more money? Casey and Jarrod discuss how getting a second opinion from dental-specific financial experts can uncover areas that could be improved.
Episode 135
What are You Doing to Get Better?
What are you doing to get better? It's a simple question that doesn't always have a simple answer. Casey and Jarrod discuss how practice owners are working to improve their practice and life and while some others may be too complacent to change.
Episode 134
PR Pushes for DSOs?
DSOs. A trending topic among the dental community. There are pros and cons to everything in life, including being in a DSO or owning your own dental practice. Casey and Jarrod discuss the world of DSOs and how it seems there has been a recent PR push to keep the negative talk of DSOs down.
Episode 133
Get Out of Your Own Way
What's one of the most significant issues when trying to achieve your goals? Getting in your own way. Casey and Jarrod discuss how practice owners can unintentionally trip themselves up.
Episode 132
Real Advice VS Chicken Sh*t Advice
What do you value more: Real advice? Or advice from someone just telling you what you want to hear? Sure, the latter may make you feel good, but are they looking out for you in the long term? Jarrod and Casey discuss how getting real advice from dental-specific advisors can make all the difference.
Episode 131
What's Up with the Inflation Reduction Act?
CPA Steve Levy joins Jarrod to explain the Inflation Reduction Act of 2022 and why practice owners should care.
Episode 130
Mistakes I Made as a Young Dentist with Dr. David Rice
Casey and Jarrod are joined by special guest Dr. David Rice, founder of IgniteDDS, to discuss his career path as a successful dental practice owner and how he initially came about the business wrongfully. He teaches young dentists ways to get on a successful path early.
Episode 129
Do you Hold Your Patients Accountable?
Casey returns from the AGD Conference in Florida to discuss with Jarrod the importance of holding your patients accountable.
Episode 128
The Importance of Winding Down Your Practice
Jarrod is joined by Steve Levy, CPA and JD, to talk about the importance of winding down your practice as you reach retirement. Steve provides a list of to-dos that need to be done during that process.
Episode 127
The Psychology of a Dentist
The mindset of a dentist, especially that of a practice owner, is different from every other field out there. Casey and Jarrod discuss the ins and outs of how dentists think and why Four Quadrants understands them so well.
Episode 126
How Penny Pinching Now Can Cost You Millions in the Future
Casey and Jarrod discuss how practice owners think they're saving money on the business side of their practice by doing it themselves or by paying for inferior advice and how that can cause major issues and money for years to come.
Episode 125
Dentistry, the Body, and Sleep
Casey returns from the Florida Dental Convention and speaks with Jarrod about his newfound insight on how sleep can affect a practice owner's overall health and mental well-being.
Episode 124
Crafting Your PTO Policy
Jarrod is joined by Stevy Levy, CPA & JD, and Stacy Phillips, CFP™ to discuss the importance of having a PTO policy in place in your practice.
Episode 123
The Heat is On!
Summer is here which means cookouts, pools, and heat. Casey and Jarrod discuss things that dentists can do when the 'heat' is on in their practice.
Episode 122
How to Pay Your Children in Your Practice
Jarrod is joined by Steve Levy, CPA, and Colt Smith, Senior Tax Accountant, to discuss the tax benefits and other positive outcomes of having your child work in your dental practice.
Episode 121
Work-Life Balance with Dr. Grace Yum of Mommy Dentists in Business
Casey and Jarrod are joined by Dr. Grace Yum, the Founder & CEO of Mommy Dentists in Business, in this special episode to discuss work-life balance and why it is so important.
Episode 120
The Devil is in the Details
Looking to buy another practice or even your first practice? What an exciting time! Casey and Jarrod discuss some core things you need to think about when acquiring a practice.
Episode 119
Placing Your Bets on the Long Shot? Think Again.
A long shot won the Kentucky Derby this year. If you're thinking that you can save your dental practice by betting on a long shot, you should think again.
Episode 118
Business Personal Property Tax. What is it? And Why is it Important?
Steve Levy, CPA and JD, stops by to give Jarrod and Casey the lowdown on the Business Personal Property Tax. Learn how this tax affects your practice and your wallet.
Episode 117
Insurance and Adjustments with Josh Smith of DentalClaim Support
Casey and Jarrod welcome Josh Smith, Co-Owner and COO of DentalClaim Support, to discuss insurance, insurance adjustments, and how managing them is vitally important to your practice and bottom dollar.
Episode 116
How to Get Out of PPO Plans without Killing Your Practice
Jarrod is joined by special guest Jason Smith, Founder, CEO, and President of Four Quadrants Advisory to discuss how PPO plans can hurt your business and how to get out of them without killing your practice.
Episode 115
Partnership Pros and Cons
Thinking of adding a partner to your dental practice? Casey and Jarrod discuss some of the common pros and cons that stem from adding a fellow dentist onboard.
Episode 114
Is Your External Team Giving You Real Advice?
Are you tired of your external team only telling you what they think you want to hear? Or maybe they don't really give you any answers or advice. Casey and Jarrod discuss what signs may be out there that should influence you to reach out to a new team.
Episode 113
Dentistry & Basketball
How is basketball like dentistry? Casey and Jarrod discuss the similarities in how both are approached. Also, find out who won the Four Quadrants March Madness bracket!
Episode 112
Tired of Tax Surprises?
What is a tax surprise? How bad can it really be? Casey and Jarrod are joined by Steve Levy, CPA at Four Quadrants, to chat about taxes and things to look out for to prevent tax surprises.
Episode 111
Think Selling to a DSO is Easy?
You're considering selling your practice. Along comes a DSO with an offer. Casey and Jarrod discuss how an offer from a DSO can be tempting but does that make it good?
Episode 110
Four Quadrants is Going on Tour!
Casey and Jarrod discuss the upcoming tour where Four Quadrants will be visiting several cities across the US spreading the good word on how to Master the Business Side of Dentistry.
Episode 109
Are You Set Up for a Successful Transition?
Casey and Jarrod are joined by Stacy Phillips, CFP®, to chat about practice transitions and why you should start thinking about them years before you're ready to retire.
Episode 108
Changes in Dentistry
Casey and Jarrod welcome Christopher Howard, a national sales representative for Four Quadrants. Christopher has worked with dentists in several different capacities during the course of his career. He gives some insight into changes he's seen in the dental field over the years.
Episode 107
A Conversation with Dr. Brent Habecker Pt 2
Casey and Jarrod return this week with Dr. Brent Habecker. Dr. Habecker discusses why he decided he needed to change up his external finance team and how things have gotten better since the switch.
Episode 106
A Conversation with Dr. Brent Habecker Pt 1
Casey and Jarrod are joined by Dr. Brent Habecker. Dr. Habecker owns a practice in Michigan and is highly successful. As a younger dentist, whose dad is also a dentist, he talks about how things are different now for people coming up through school.
Episode 105
2022 Cost of Living Adjustments for Retirement and Social Security
It's a new year and yet again there have been some changes made for retirement and social security. CPA Steve Levy joins Casey and Jarrod to discuss the Cost of Living Adjustments (COLA) for 2022.
Episode 104
7 Things Practice Owners Can't Admit
While every business and practice may have some issues, some are harder than others to admit. Casey and Jarrod discuss 7 of the biggest things that practice owners have a hard time admitting to themselves.
Episode 103
You Might Need to Upgrade Your External Team if...
Leaving money on the table every year? In denial that you're stuck on the hamster wheel? Casey and Jarrod present 7 reasons why you might need to upgrade your external team.
Episode 102
Is it Time to Consider Future Pain?
What is a future pain? Casey and Jarrod discuss what is considered current pain, what is considered future pain, and what can be done about it.
Episode 101
The Research Tax Credit
Casey and Jarrod are joined by CPA Steve Levy to discuss the Research Tax Credit. This under-used tax credit can be a major boon for practice owners.