Dental Fuel

This week on Dental Fuel, we're sinking our teeth into the financial facets of dentistry with Dr. Fatmi.  Ask yourself, are you chasing the latest in dental tech and trends like Botox & Juvéderm for the right reasons? 

 Dr. Fatmi challenges us to rethink our investments – and ask yourself, “Does it truly serve our patients?” Or does it just serve our desires for the newest gadgets and procedures. Let's get real about managing our practice's finances without compromising on quality care. 

About the Guest:

Dr. Naved Fatmi is a highly regarded dentist based in the southern area of Boca Raton, Florida. An alumnus of the University of Florida, graduating in 2009, Dr. Fatmi has a robust professional background in dentistry. He has successfully opened and managed multiple practices, growing his ventures to five practices, though he currently owns three. Alongside his role as a practicing dentist, Dr. Fatmi is involved in academia as a faculty member at Palm Beach State College and offers lectures at the University of Florida on the business aspects of dentistry. His commitment to his profession extended to serving on the board of the College of Dentistry, holding the position of chairman in the tenure from 2015 to 2025.

Episode Summary:

In this illuminating installment of Dental Fuel, Dr. Naved Fatmi returns to delve into the oft-overlooked topic of financial mistakes in dentistry, focusing specifically on continuing education and technology investment. His candid discussion with Tanya Sue Maestas offers valuable insights into the pitfalls that dentists can encounter when aiming to be a 'super GP'. The episode is a treasure trove for dental professionals seeking to make informed decisions about their practice and personal growth.

The conversation begins with Dr. Fatmi reflecting on his own experiences, highlighting the cost of pursuing an extensive range of dental services without a strategic approach. He emphasizes the delicate balance between investing in new technologies for patient care versus personal fulfillment. The episode transitions into a deeper exploration of Dr. Fatmi’s journey from clinical mastery to mastering the business of dentistry. He shares invaluable advice for young dentists on choosing continuing education courses and understanding the financial implications of running a multi-practice business model versus focusing on a single practice.

Key Takeaways:

• Investing in a wide array of dental services without a clear strategy can lead to financial strain and a decrease in the quality of care.
• Understanding one's personal limitations and professional goals is crucial before expanding into multiple practices.
• Continuous education should be a blend of improving clinical skills and learning the entrepreneurship side of dentistry.
• The standard of care must remain high, and ethical considerations should always guide treatment decisions.
• Networking with like-minded professionals and joining industry organizations can provide valuable financial and business insights.

Connect with Dr. Naved Fatmi: @drnavedfatmi

Connect with Ignitedds: @ignitedds

Connect with Tanya Sue Maestas: @tsmaestas.dds

Ignitedds.com

Listen in to our first episode with Dr. Naved Fatmi, a dentist  and entrepreneur, practicing in Florida. In this episode of #Dental Fuel, Dr. Fatmi shares his journey of scaling his dental practice from one to five locations . He discusses the importance of focusing on profitability  and maximizing the potential of each chair , rather than simply increasing the number of practices. Dr. Fatmi also reflects on the mistake of trying to be a "SUPER GP" and emphasizes the importance of finding your niche in dentistry . He offers advice on how to choose the right procedures based on your interests and the demographics of your practice location. 

About the Guest:

Dr. Naved Fatmi is a highly regarded dentist based in the southern area of Boca Raton, Florida. An alumnus of the University of Florida, graduating in 2009, Dr. Fatmi has a robust professional background in dentistry. He has successfully opened and managed multiple practices, growing his ventures to five practices, though he currently owns three. Alongside his role as a practicing dentist, Dr. Fatmi is involved in academia as a faculty member at Palm Beach State College and offers lectures at the University of Florida on the business aspects of dentistry. His commitment to his profession extended to serving on the board of the College of Dentistry, holding the position of chairman in the tenure from 2015 to 2025.

Episode Summary:

In this insightful episode of Dental Fuel, Dr. Tanya Sue Maestas engages in a rich conversation with Dr. Naved Fatmi, who brings a wealth of experience from the front lines of dental entrepreneurship. The episode delves into Dr. Fatmi's journey of expanding his dental practice endeavours, his strategies for sustainable business growth, and his deep-seated passion for providing exceptional patient care.

Dr. Fatmi shares the story of how he scaled his operations, originally growing to five dental practices, and then strategically narrowing down to three. Emphasizing the importance of chair profitability over the number of practices, he details his current operational setup which maximizes efficiency. He also discusses his clinical involvement, finding fulfillment in impactful patient transformations, and the significance of having specialists like endodontists and periodontists on his team. Throughout, the conversation is interspersed with valuable lessons on identifying and capitalizing on one's strengths within the dental profession.

Key Takeaways:

• Dr. Naved Fatmi has expanded his dental practice significantly since graduation, emphasizing chair profitability and efficiency over the sheer number of practices.
• Despite his extensive administrative responsibilities, Dr. Fatmi maintains a clinical presence, focusing on transformative patient care.
• Finding a niche and excelling in specific dental procedures can lead to better patient outcomes and a more successful practice.
• Dr. Fatmi encourages new dentists to learn broadly but also to be honest with themselves about which procedures they genuinely enjoy and excel at.
• There is great value in aligning dental services with the demographics and needs of the practice's locality, rather than merely following trends or personal interests.

Connect with Dr. Naved Fatmi: @drnavedfatmi

Connect with Ignitedds: @ignitedds

Connect with Tanya Sue Maestas: @tsmaestas.dds

Ignitedds.com

DentalFuel dives deep with Irene Iancu, offering invaluable wisdom for all business owners out there.  In this must-listen episode, Irene shares her ultimate advice: "No is a full sentence"  and "Take deep breaths before big sentences." 

She reminds us that as leaders, we're held to the highest standard - setting the tone for our entire office.  When challenges arise, maintaining composure isn't just an option; it's a necessity.  Remember, the way we react sets the stage for everyone around us. Tune in to learn how to navigate the highs and lows of business ownership with grace and authority. 

About the Guest:

Irene Iancu is a passionate and skilled restorative dental hygienist based in Toronto, Canada. With 16 years of experience in the dental field, Irene has developed a diverse set of skills, working in various specialized practices including periodontics, pediatric dentistry, orthodontics, and cosmetic dentistry. As the owner of her own practice, she goes beyond typical dental hygiene duties by also performing restorative work such as direct and indirect restorations. In addition to her clinical work, Irene is active in the dental community as an educator, social media influencer with 30,000 followers, and host of a popular dental podcast. Her journey and expertise have not only shaped her career but have also provided her with a platform to share her knowledge and experiences with a wider audience.

Episode Summary:

In this insightful discussion with Tanya Sue Maestas, Irene Iancu delves into her personal journey, contrasting the healthcare practices between the USA and Canada, and shares profound life and professional advice. The illuminating dialogue sheds light on the importance of emotional regulation, workplace culture, and setting boundaries in both personal and professional realms.

The episode begins by exploring Irene's personal excursion into the realm of dental healthcare, leading to an intriguing comparison of practices across North American borders. The summary then pivots to Irene's invaluable guidance for listeners, emphasizing two core principles: the significance of measured responses during tense moments and the power of "no." The episode not only imparts practical wisdom for maintaining poise as a leader but also discusses the ripple effects those actions have on teams and client relations.

Key Takeaways:

• Adopting deep breaths before speaking can help maintain composure and set a professional example in tense situations.
• The assertion that "no" is a complete sentence and does not require justification.
• The embodiment of leadership reflects in every action and sets the standard for team behavior and performance.
• How the demeanor of a leader can influence their team's interaction with clients and overall workplace atmosphere.

Connect with Irene Iancu: @toothlife.irene

Check out Tooth or Dare Podcast: @toothoredare.podcast

Connect with Ignitedds: @ignitedds

Connect with Tanya Sue Maestas: @tsmaestas.dds

Ignitedds.com

https://ignitedds.com/masterminds/

Today we are joined by the remarkable Irene Iancu RRDH to talk about overcoming team mistakes and the pivotal moments of her career. 

About the Guest:

Irene Iancu is a passionate and skilled restorative dental hygienist based in Toronto, Canada. With 16 years of experience in the dental field, Irene has developed a diverse set of skills, working in various specialized practices including periodontics, pediatric dentistry, orthodontics, and cosmetic dentistry. As the owner of her own practice, she goes beyond typical dental hygiene duties by also performing restorative work such as direct and indirect restorations. In addition to her clinical work, Irene is active in the dental community as an educator, social media influencer with 30,000 followers, and host of a popular dental podcast. Her journey and expertise have not only shaped her career but have also provided her with a platform to share her knowledge and experiences with a wider audience.

Episode Summary:

In an insightful episode featuring dental professional Irene Iancu, listeners are granted a front-row seat to the trials and triumphs of building and managing a successful dental practice. Irene provides a candid look into the complexities of onboarding employees and fostering a cohesive team. The conversation, which is rich in experiences and expert knowledge, makes it a must-listen for dental practitioners and anyone interested in team management and business growth strategies.

Irene discusses the pitfalls and learning moments encountered while hiring staff for her dental practice, highlighting the crucial balance between individual skill sets and team chemistry. She reveals having to adjust her hiring approach and subsequently stepping away from the process entirely, allowing her office manager to bring in personnel who have since surpassed expectations. Such revelations provide invaluable insights for both existing and budding practice owners seeking to optimize their team dynamics. Through practical examples and heartfelt reflections, this episode examines the subtleties of team-building and leadership in a dental context.

Key Takeaways:

• Recognize the potential downside of hiring individuals who are too similar to yourself and the importance of a diverse team.
• Understand that relinquishing hiring control can lead to better outcomes as employees can flourish under the trust and responsibilities given to them.
• Acknowledge that even the best employees may aspire to further their education or change career paths, affecting practice stability.
• Embrace the concept of managing expectations rather than people, and cultivate a nurturing environment where employees can become empowered leaders.
• Reflect on the journey of continuous learning and growth, considering additional education such as business management courses if suitable.

Connect with Irene Iancu: @toothlife.irene

Check out Tooth or Dare Podcast: @toothoredare.podcast

Connect with Ignitedds: @ignitedds

Connect with Tanya Sue Maestas: @tsmaestas.dds

Ignitedds.com

https://ignitedds.com/masterminds/

Do you want to avoid Costly Mistakes in Dentistry?  Irene Iancu RRDH shares an essential lesson: The critical importance of implementing systems in your dental practice. Learn from her experience and prevent unauthorized and unwanted write-offs   that can impact your bottom line. It's time to safeguard your practice's financial health! 

About the Guest:

Irene Iancu is a passionate and skilled restorative dental hygienist based in Toronto, Canada. With 16 years of experience in the dental field, Irene has developed a diverse set of skills, working in various specialized practices including periodontics, pediatric dentistry, orthodontics, and cosmetic dentistry. As the owner of her own practice, she goes beyond typical dental hygiene duties by also performing restorative work such as direct and indirect restorations. In addition to her clinical work, Irene is active in the dental community as an educator, social media influencer with 30,000 followers, and host of a popular dental podcast. Her journey and expertise have not only shaped her career but have also provided her with a platform to share her knowledge and experiences with a wider audience.

Episode Summary:

In this enlightening episode, dental professional Irene Iancu shares her candid experience of transitioning from clinical work to owning and managing her own dental practice. Amid the backdrop of the business's nitty gritty, she delves into the financial missteps and lessons learned while building her business from the ground up. The conversation exposes the often unaddressed aspects of dental practice management that go beyond patient care, offering valuable insights for peers in the industry.

Key Takeaways:

• There is often a gap in business training for dental professionals, requiring new practice owners to learn management skills on the job.
• Essential systems and checks need to be in place to monitor employees' work and optimize the practice's operational aspects.
• Unanticipated issues like the complexity of insurance claims can lead to costly financial oversights if systems are not well-established.
• Irene recommends listening to industry podcasts, attending conferences, and utilizing available resources like operation manuals to help create practice systems.
• Differing practices and regulatory environments between the U.S. and Canada can pose unique challenges in insurance processing and management.

Connect with Irene Iancu: @toothlife.irene

Check out Tooth or Dare Podcast: @toothoredare.podcast

Connect with Ignitedds: @ignitedds

Connect with Tanya Sue Maestas: @tsmaestas.dds

Ignitedds.com

https://ignitedds.com/masterminds/

Irene Iancu’s journey is a testament to determination and passion. Tired of searching for the perfect dental office, she took matters into her own hands and created Toothlife Studio, a haven for dental excellence. In this episode, Irene shares the inspiring story of her journey from dental hygienist to practice owner.

Listen as she delves into the challenges and triumphs of her career, including a candid discussion about a clinical learning experience with treating white spot lesions. Her insights are invaluable for all dental professionals!

About the Guest:

Irene Iancu is a passionate and skilled restorative dental hygienist based in Toronto, Canada. With 16 years of experience in the dental field, Irene has developed a diverse set of skills, working in various specialized practices including periodontics, pediatric dentistry, orthodontics, and cosmetic dentistry. As the owner of her own practice, she goes beyond typical dental hygiene duties by also performing restorative work such as direct and indirect restorations. In addition to her clinical work, Irene is active in the dental community as an educator, social media influencer with 30,000 followers, and host of a popular dental podcast. Her journey and expertise have not only shaped her career but have also provided her with a platform to share her knowledge and experiences with a wider audience.

Episode Summary:

In this enlightening episode of Dental Fuel, host Tanya Sue Maestas engages in an insightful conversation with Irene Iancu, providing listeners with a glimpse into the multifaceted world of dental hygiene and practice ownership in Canada. The episode delves into Irene's unique role as a restorative dental hygienist and her entrepreneurial journey opening her own practice.

Irene offers a comprehensive peek into the tasks of a restorative dental hygienist and reveals her collaborative approach with a full-time dentist at her practice. An enthusiastic proponent of continuing education and influencer, Irene traces her steps toward creating educational content and emphasizes the importance of setting realistic expectations in clinical practice. Her experience brings valuable insights into navigating challenges and embracing new opportunities.

Key Takeaways:

• Restorative dental hygienists in Canada can perform extensive dental procedures beyond standard dental hygiene tasks.
• Irene Iancu owns a dental practice in Toronto, where she collaborates with a full-time dentist to provide comprehensive dental care.
• Legal guidelines for dental marketing in Canada are strict, influencing the type of outreach dental professionals can engage in.
• The importance of setting proper patient expectations before procedures to ensure satisfactory outcomes and professional accountability.
• Networking and live podcasting at trade shows can provide unique opportunities to engage with peers and the dental community.

Connect with Irene Iancu: @toothlife.irene

Check out Tooth or Dare Podcast: @toothoredare.podcast

Connect with Ignitedds: @ignitedds

Connect with Tanya Sue Maestas: @tsmaestas.dds

Ignitedds.com

https://ignitedds.com/masterminds/

 Last Call for Dental Fuel with Dr. Jennifer Bell!  

Episode 4, Dr. Bell’s final advice: Discover the art of finding your dental practice match.  Dr. Bell shares some secrets to success—build a partnership like a strong marriagewith shared vision and complementary skills.  Equal ownership, unwavering support, and community practice have made the dream work for her! 

 Want more of Dr. Jennifer Bell?

 Connect with Dr. Bell on Dentists in the Know on Instagram and Facebook. 

About The Guest:

Dr. Jennifer Bell is a full-time practicing dentist in Raleigh, North Carolina. With 14 years of experience, she owns two diverse dental practices that offer comprehensive care to patients of all ages. Dr. Bell is also the host of the podcast "Dentists in the Know" (DINKs), where she and her colleagues provide up-to-date information and insights on various topics in dentistry.

Key Takeaways:

1. Practicing in community is better than practicing alone.
2. Choose a business partner who shares your vision and complements your skills.
3. Treat your partnership like a marriage, with equal commitment and support.

Connect with Jennifer Bell: @jbreezy.78

Connect with Dentists in the Know: @dentistsintheknow

Connect with Ignitedds: @ignitedds

Connect with Tanya Sue Maestas: @tsmaestas.dds

Ignitedds.com

https://ignitedds.com/masterminds/

 In this episode, Dr. Jennifer Bell exposes the secrets of dental team mishaps!  Trust your instincts and learn why holding onto misfits is a costly error and LEARN why a resume  might not tell the whole story. Take responsibility, continue to be BOLD, release the fear of change and embrace the power of letting go for success! Join us for actionable insights,  as we venture into a lively discussion on creating thriving dental teams! 

About The Guest:

Dr. Jennifer Bell is a full-time practicing dentist in Raleigh, North Carolina. With 14 years of experience, she owns two diverse dental practices that offer comprehensive care to patients of all ages. Dr. Bell is also the host of the podcast "Dentists in the Know" (DINKs), where she and her colleagues provide up-to-date information and insights on various topics in dentistry.

Key Takeaways:

• Trust your gut when hiring new staff members, even if their resumes seem impressive.
• Address team members who are not a good fit for the practice and provide proper training and support.
• Conduct regular employee reviews and maintain open communication to address any issues.
• Be bold and confident in running your practice and don't let others disrupt your vision.

Connect with Jennifer Bell: @jbreezy.78

Connect with Dentists in the Know: @dentistsintheknow

Connect with Ignitedds: @ignitedds

Connect with Tanya Sue Maestas: @tsmaestas.dds

Ignitedds.com

https://ignitedds.com/masterminds/ 

Diving deep into dentistry's financial landscape with the insightful Dr. Jennifer Bell on our latest Dental Fuel episode! 

 Join us as she uncovers a common pitfall many dentists face – the pursuit of depreciating assets to trim those tax bills. But as a dentist, have you truly considered the long-term impact? 

 Dr. Bell shares her journey, expressing the need for more guidance in understanding how these assets impact profitability, stressing the importance of dissecting expense line items for informed decisions. 🦷

Don't miss her invaluable advice for cultivating a thriving practice! 🎙️ 

About The Guest:

Dr. Jennifer Bell is a full-time practicing dentist in Raleigh, North Carolina. With 14 years of experience, she owns two diverse dental practices that offer comprehensive care to patients of all ages. Dr. Bell is also the host of the podcast "Dentists in the Know" (DINKs), where she and her colleagues provide up-to-date information and insights on various topics in dentistry.

Key Takeaways:

• Dentists often chase depreciating assets to reduce tax liability, but they may not consider the long-term financial implications.
• Mortgage payments on acquired assets come out of the practice's profitability, reducing the owner's take-home income.
• Dentists should carefully consider the ROI and financial responsibility of acquiring new technology and equipment.
• It is important to give enough time for onboarding and training when introducing new technology to the practice.

Connect with Jennifer Bell: @jbreezy.78

Connect with Dentists in the Know: @dentistsintheknow

Connect with Ignitedds: @ignitedds

Connect with Tanya Sue Maestas: @tsmaestas.dds

Ignitedds.com

https://ignitedds.com/masterminds/

Welcome 2024!

Let's IGNITE the New Year with some Dental Fuel!  Listen in and join the fabulous Dr. Tanya Sue Maestas as she sits down for an electrifying interview with the powerhouse Dr. Jennifer Bell, one-third of the dynamic trio from Dentists In The Know.

 In this episode, Dr. Bell not only brings infectious energy but spills the TEA on one of her most disastrous clinical mistakes – buckle up, it's a doozy! From rising above challenges to navigating the unpredictable twists of clinical days, this episode is full of inspiration and information. 

About The Guest:

Dr. Jennifer Bell is a full-time practicing dentist in Raleigh, North Carolina. With 14 years of experience, she owns two diverse dental practices that offer comprehensive care to patients of all ages. Dr. Bell is also the host of the podcast "Dentists in the Know" (DINKs), where she and her colleagues provide up-to-date information and insights on various topics in dentistry.

Key Takeaways:

1. Stay involved in organized dentistry to have a voice in decisions that impact the profession.
2. Pull the hard reline material up and down during the early set period to mold it properly.
3. If a partial denture becomes locked in, use a handpiece to cut it free rather than risking damage to the patient's teeth.
4. Mistakes happen in dentistry, but it's important to learn from them and strive to improve each day.

Connect with Jennifer Bell: @jbreezy.78

Connect with Dentists in the Know: @dentistsintheknow

Connect with Ignitedds: @ignitedds

Connect with Tanya Sue Maestas: @tsmaestas.dds

Ignitedds.com

https://ignitedds.com/masterminds/

Dental Fuel Season Finale!

Closing out the season with a bang featuring the one and only Dr. William Chen!

This episode is a treasure trove of wisdom for young dentists and associates.

Dr. Chen drops the mic with his parting advice:

1️⃣ "Trust but verify" when entering into contracts – a golden rule to steer clear of trouble.

2️⃣ Embrace coaches for personal and professional growth across various aspects of life.

3️⃣ Seek a good return on investment when hiring a coach.

Dr. Chen challenges us to reflect: "Go ahead and look at yourself and see how many coaches you need in all the areas you want to have an impact.”

As we bid farewell to this season, we're grateful for the insights shared and are excited for what the new year holds!

Stay tuned for more Dental Fuel in 2024!

As our stellar GUEST LINE UP is sure to keep your tank FULL

About The Guest:

Dr. Bill Chen is a dentist based in Sebring, Florida. He graduated from the University of Florida and started his own practice, Chen Dental, in 2005. Over the years, he has grown his practice to 17 chairs and has a team of five associates, with a sixth one on the way. Dr. Chen is dedicated to continuous learning and has been working with a coach for over a decade to help him scale his practice successfully.

Summary: Dr. Chen advises listeners to trust but verify to avoid trouble. He emphasizes the importance of having coaches in various areas of life, such as personal, professional, and health. Dr. Chen also mentions the benefits of having a giving coach and highlights the need to seek a good return on investment when hiring a coach. He can be reached on Facebook or through his assistant at Chen Dental's office.

Want to know more about Kolbe and Financial Peace University?

• https://www.kolbe.com/
• https://www.ramseysolutions.com/ramseyplus/financial-peace?snid=products.pay-off-debt-and-build-wealth.financial-peace-university

**Want to connect with Dr. William Chen? Contact his assistant Allie at Chen Dental.

• https://chendental.com/
• find him on Facebook: William Chen
• follow Chen Dental on Facebook

Key Takeaways:

• Trust but verify to avoid trouble.
• Get coaches in various areas of life for personal and professional growth.
• Seek a good return on investment when hiring a coach.

Connect with Ignitedds: @ignitedds

Ignitedds.com 

https://ignitedds.com/masterminds/

 This episode is pure dental gold! 

 Listen in as Dr. William Chen shares a team mistake and explains, “I don’t want to lose good people.”

 Imagine doing a 6-month financial check-in with your team to keep the dream team intact!

 Dr. Chen knows the importance of finding the right people with the perfect modes of operation for a flawless team synergy. 

And wait for it... coaching is the MVP in his personal and professional playbook!  Tune in and level up your dental game! 

About The Guest:

Dr. Bill Chen is a dentist based in Sebring, Florida. He graduated from the University of Florida and started his own practice, Chen Dental, in 2005. Over the years, he has grown his practice to 17 chairs and has a team of five associates, with a sixth one on the way. Dr. Chen is dedicated to continuous learning and has been working with a coach for over a decade to help him scale his practice successfully.

Want to know more about Kolbe and Financial Peace University?

• https://www.kolbe.com/
• https://www.ramseysolutions.com/ramseyplus/financial-peace?snid=products.pay-off-debt-and-build-wealth.financial-peace-university

Summary:

Dr. Chen discusses the challenges of building a team and the mistakes he has made along the way. He emphasizes the importance of not losing good people and shares how his practice has implemented six-month financial check-ins to ensure that team members are on track and engaged. Dr. Chen also talks about the shift from hiring for the person to hiring for the position, creating clarity and expectations within the practice, and using the Kolbe test to understand team members' strengths and modes of operation.

Key Takeaways:

1. Losing good people is a costly mistake, and it's important to have regular check-ins to ensure team members are on track.
2. Instead of hiring for the person, create the position first and find the right fit for the role.
3. Clarity and expectations are crucial for team members' success and engagement.
4. Understanding team members' strengths and modes of operation can improve communication and collaboration.
5. Balancing different types of team members can create a more cohesive and effective team.

Connect with Ignitedds: @ignitedds

Ignitedds.com

https://ignitedds.com/masterminds/

 Avoiding Financial Pitfalls in Dentistry! Join us for our latest episode with Dr. William Chen on Dental Fuel as he opens up about a crucial financial mistake he made early in his career – signing an equity associate agreement.  Learn from his experience and gain valuable insights on why careful contract review is a MUST for dentists. Don't miss out on Dr. Chen's advice for dental students and associates – ALWAYS seek a second opinion before committing to any financial agreement.  Tune in now to safeguard your financial future in dentistry. 

About The Guest:

Dr. Bill Chen is a dentist based in Sebring, Florida. He graduated from the University of Florida and started his own practice, Chen Dental, in 2005. Over the years, he has grown his practice to 17 chairs and has a team of five associates, with a sixth one on the way. Dr. Chen is dedicated to continuous learning and has been working with a coach for over a decade to help him scale his practice successfully.

Summary:

Dr. Chen discusses a financial mistake he made early in his career, signing an equity associate agreement. He cautions against this type of contract, which can lead to significant financial burdens. Dr. Chen advises dental students and associates to carefully review contracts and seek a second opinion before signing. He emphasizes the importance of understanding the consequences of financial agreements and recommends considering alternative arrangements, such as working for a percentage before committing to an equity associate agreement.

Key Takeaways:

1. Signing an equity associate agreement can lead to significant financial burdens.
2. Dental professionals should carefully review contracts and seek a second opinion before signing.
3. Understanding the consequences of financial agreements is crucial to avoid unnecessary financial burdens.
4. Consider alternative arrangements, such as working for a percentage, before committing to an equity associate agreement.

Connect with Ignitedds: @ignitedds

Ignitedds.com

https://ignitedds.com/masterminds/

Brace yourself for a dental journey like no other on this week's episode of Dental Fuel! Meet the incredible Dr. William Chen, CEO of Chen Dental in Sebring, FL. This week we dive deep into Dr. Chen's journey, exploring how he transformed from an associateship to a jaw-dropping 17-chair private dental practice! That right!! A private dental practice with 17 chairs and 6 associates. Dr. Chen spills the beans on the transformative power of coaching and shares profound insights, including his perspective that, “mistakes are only mistakes if you make the same decision twice.” Dr. Chen shares the importance of digital dentistry and emphasizes the crucial role of early tech investments. But here's the kicker – have you ever invested in a $68,000 tech trophy that turned into office decor? Dr. Chen did, and the tale is a cautionary and an engaging adventure you won't want to miss! This episode isn't just about dentistry; it's a masterclass in learning and valuable insights that can shape the success of your practice!

About The Guest:

Dr. Bill Chen is a dentist based in Sebring, Florida. He graduated from the University of Florida and started his own practice, Chen Dental, in 2005. Over the years, he has grown his practice to 17 chairs and has a team of five associates, with a sixth one on the way. Dr. Chen is dedicated to continuous learning and has been working with a coach for over a decade to help him scale his practice successfully.

Summary:

Dr. Bill Chen shares his journey of building and scaling his dental practice in Sebring, Florida. He started as an associate but soon realized that he wanted to have his own practice. He bought a small practice and eventually built a new office to accommodate the growing team. Dr. Chen emphasizes the importance of learning from mistakes and not waiting too long to embrace new technologies like digital dentistry. He also shares a cautionary tale about investing in expensive equipment that may not be a good fit for the practice.

Key Takeaways:

1. Dr. Chen advises not waiting too long to embrace digital dentistry to save time and money.
2. Learning from mistakes is crucial for growth and success in dentistry.
3. Investing in expensive equipment should be carefully considered to ensure it aligns with the practice's needs.

Connect with Ignitedds: @ignitedds

Ignitedds.com

https://ignitedds.com/masterminds/

From our podcast family to yours, this Thanksgiving we take a moment for a thank-you note woven into audio waves. 

We're immensely grateful for each one of you who tunes in, shares your time, and lets our conversations resonate in your lives. 

Your support, enthusiasm, and loyalty FUEL our passion. As we gather around tables filled with gratitude, we raise our mics to celebrate YOU, our cherished listeners. 

Happy Thanksgiving, and thank you for being the beating heart of our podcast community.

Concluding our series on Dental Fuel with the incredible Dr. Pamela Maragliano-Muniz!  In this episode, she leaves us with several golden nuggets of wisdom. Embrace a mindset of continuous GROWTH and LEARNING as it's the cornerstone of dentistry's future! Dr. Maragliano-Muniz shares that The Dentistry Unmasked  podcast is one of her favorite projects right now. She co-hosts the podcast with our favorite mentor, Dr. David Rice! So, Check-It-Out!  You can connect with Dr. Pamela Maragliano-Muniz on Instagram, @DrPamelaMaragliano for more insights. Plus, dive into her educational videos on Dental Economics Official and DentistryIQ.   Keep the dialogue alive with Dental Fuel as we unravel the unspoken nuances of the dental world. Stay tuned for more enlightening conversations! 

About Dr. Pamela Maragliano-Muniz:

Dr. Maragliano-Muniz was a dental hygienist before earning her DMD from Tufts University School of Dental Medicine and her certificate in Advanced Prosthodontics from UCLA School of Dentistry.  She is a board-certified prosthodontist, the Chief Editor for Dental Economics, co-host of the podcast Dentistry Unmasked,  Chief Development Officer for Cellerant Consulting Group and maintains a private practice in Salem, MA. She lectures internationally and is extensively published.  Her passion for prevention has stayed with her throughout her career and in 2010, Dr. Maragliano-Muniz was awarded the 2010 Adult Preventive Care Practice of the Year by the American Dental Association.

Key Takeaways:

- Continuous growth and learning are essential in dentistry.

- Identify deficiencies and invest in education and skill-building to overcome them.

-Embrace change and new technologies to stay relevant and avoid stagnation.

-Stay passionate about dentistry and remember why you got into the field.

-"Dentistry Unmasked" podcast provides a platform for real and interesting conversations about dentistry.

Connect with Ignitedds: @ignitedds

Ignitedds.com

Connect with Pamela Maragliano-Muniz: @drpamela_maragliano

Building a DREAM dental team is an ART! Dr. Pamela Maragliano-Muniz reveals the secrets in our latest episode of Dental Fuel.  Learn from her journey as she guides dental pros in creating a top-notch team. Whether through personal networks, referrals, or fostering a vibrant practice culture, discover how to attract like-minded, skilled team members with a passion for dentistry. Effective communication of your mission and vision is the key to success. In an ever-evolving industry, Dr. Maragliano-Muniz's wisdom remains timeless. Join us for her invaluable insights! 

About Dr. Pamela Maragliano-Muniz:

Dr. Maragliano-Muniz was a dental hygienist before earning her DMD from Tufts University School of Dental Medicine and her certificate in Advanced Prosthodontics from UCLA School of Dentistry.  She is a board-certified prosthodontist, the Chief Editor for Dental Economics, co-host of the podcast Dentistry Unmasked,  Chief Development Officer for Cellerant Consulting Group and maintains a private practice in Salem, MA. She lectures internationally and is extensively published.  Her passion for prevention has stayed with her throughout her career and in 2010, Dr. Maragliano-Muniz was awarded the 2010 Adult Preventive Care Practice of the Year by the American Dental Association.

Key Takeaways:

• Building a dental team starts with networking and utilizing word of mouth to find the right individuals.
• Creating a positive and energetic work environment is crucial in attracting like-minded team members.
• Sharing your mission and vision with your team helps identify who aligns with your practice's values.
• Embracing mistakes and learning from them is essential for personal and professional growth.

Connect with Ignitedds: @ignitedds

Ignitedds.com

Connect with Pamela Maragliano-Muniz: @drpamela_maragliano

Embrace Change, Thrive in Growth!  Listen into the latest Dental Fuel episode, where Dr. Pamela Maragliano-Muniz shares her transformative journey. For 6 years, she tried to fit into someone else's mold, but the 2020 pandemic forced her to pause and reflect.  Realizing her unhappiness, she revamped her practice, shedding what didn't align with her vision. With her new “Ride-OR-Die TEAM,” she embraced her true self, and the results were extraordinary!  Listen in to hear this! It’s an episode you can’t miss! 

About Dr. Pamela Maragliano-Muniz:

Dr. Maragliano-Muniz was a dental hygienist before earning her DMD from Tufts University School of Dental Medicine and her certificate in Advanced Prosthodontics from UCLA School of Dentistry.  She is a board-certified prosthodontist, the Chief Editor for Dental Economics, co-host of the podcast Dentistry Unmasked,  Chief Development Officer for Cellerant Consulting Group and maintains a private practice in Salem, MA. She lectures internationally and is extensively published.  Her passion for prevention has stayed with her throughout her career and in 2010, Dr. Maragliano-Muniz was awarded the 2010 Adult Preventive Care Practice of the Year by the American Dental Association.

Key Takeaways:

• Dr. Maragliano Muniz made a financial mistake by keeping a team that didn't align with her vision.
• Letting go of the team during the pandemic was the best decision she made, leading to significant practice growth.
• Dentists should trust themselves, define their vision, and surround themselves with a team that shares their values.

Connect with Ignitedds: @ignitedds

Ignitedds.com

Connect with Pamela Maragliano-Muniz: @drpamela_maragliano

 In this Halloween twist of Dental Fuel, listen in as Dr. Pamela Maragliano-Muniz, a distinguished prosthodontist from Salem, Massachusetts, unveils the mysteries of her dental realm. But fear not, this episode isn't all about Halloween haunts. Dr. Maragliano-Muniz candidly shares her clinical missteps, reminding us all to, "Have a commitment to excellence." 

From the lively happenings of Salem  to the profound clinical insights, she gracefully imparts the importance of responsibility and professionalism. No tricks, just treats of timeless knowledge! So, LISTEN and LEARN! 

About Dr. Pamela Maragliano-Muniz:

Dr. Maragliano-Muniz was a dental hygienist before earning her DMD from Tufts University School of Dental Medicine and her certificate in Advanced Prosthodontics from UCLA School of Dentistry.  She is a board-certified prosthodontist, the Chief Editor for Dental Economics, co-host of the podcast Dentistry Unmasked,  Chief Development Officer for Cellerant Consulting Group and maintains a private practice in Salem, MA. She lectures internationally and is extensively published.  Her passion for prevention has stayed with her throughout her career and in 2010, Dr. Maragliano-Muniz was awarded the 2010 Adult Preventive Care Practice of the Year by the American Dental Association.

**Key Takeaways:**

- Clinical mistakes, such as missed diagnoses, can happen, but it is important to strive for excellence and commit to quality in dental practice.

- Owning up to mistakes and working together with the team to rectify them is crucial for maintaining patient trust and satisfaction.

- Ethical practice and treating patients with honesty and integrity are essential for long-term success in dentistry.

Connect with Ignitedds: @ignitedds

Ignitedds.com

Connect with Pamela Maragliano-Muniz: @drpamela_maragliano

Brace yourselves for an EPIC revelation in our last Dental Fuel episode with Jonathan Miller!   "What do good leaders do? They DELEGATE and they PROMOTE. They put people in the right places, they put people in the right seats on the right path."   Get ready to unleash your team's potential as Jonathan discusses the crucial art of delegation and why letting your team 'swing and miss'  is valuable. Invest in yourself as a dentist,  empower your team, and watch your practice SOAR! Don't just listen, EMBRACE the power of effective leadership! Tune in NOW and fuel your dental journey!  

About Jonathan:

Jonathan spent almost 10 years with one of the largest dental-specific lenders in the country. His focus was helping dentists evaluate their first practice purchase or through help with obtaining the right project financing for a scratch start-up. During that time he helped open over 200 new “De Novo” dental offices and performed as a project manager and financial analyst for first-time practice buyers. In total he has helped close to a thousand doctors all over the country find their first practice to purchase or start their first practice. As a result of his reputation and relationships, he was invited to speak year after year to some of the top dental schools in the country like UCLA, Loma Linda, Western University as well as the University of Pennsylvania and Temple.

It was his passion for first-time owners that led Jonathan to leave corporate banking and follow his passion to help those to seek accurate information instead of affirmation. Since 2016 he has helped close to sixty first-time owners buy or start their optimal practice. He even wrote a book titled “Don’t Sweat the Startup." As an advocate, Jonathan can show doctors the path toward practice ownership while minimizing their risk and taking away the fear of the unknown. With the help of his relationships in the industry, he can show doctors how to grow their practice and build their brand while maximizing their return on investment.

Key Takeaways:

1. Delegating and putting people in the right positions is crucial for practice growth.
2. Allow team members to make mistakes and learn from them.
3. Stay focused on the main goals and avoid getting distracted by other ventures.
4. Invest in oneself through continuing education and technology to improve the practice's value.

Connect with Ignitedds: @ignitedds

Ignitedds.com

Connect with Jonathan Miller: @startyou_practice