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This spreadsheet changed my life.
Description
When I first started working as a dentist I made a spreadsheet that completely changed the way I looked at working as a dentist. I'm going to share it with you here.
🔔 Download the Free Practice Evaluation Worksheet: https://practiceown.com/pdf
📕 Check out my book "Buying Freedom" for a deeper dive into the process: https://amzn.com/dp/B0DGGC7WG8
💌 Email me at: chris@practiceown.com
🌍 Website: https://www.practiceown.com
🕠 Timestamps:
0:00 - The spreadsheet that changed my mind.
0:51 - Hygiene production percentage.
2:04 - Owners generally produce more.
3:08 - But let's assume they both produce $800k.
3:32 - Overhead at 60%.
4:21 - Let's try 1.2M.
5:32 - $264,000!!!!
6:13 - Paying back a practice loan = investment.
8:03 - The most profitable investment.