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514 dentistry, insights into practice ownership & building wealth: Vanessaโ€™s story

514 dentistry, insights into practice ownership & building wealth: Vanessaโ€™s story

Season 5 Published 1ย year ago
Description

In this episode, Dev chats with Vanessa* who is a practicing dentist and private practice owner about her 30+ year journey in dentistry. From getting into dental school to navigating staff management and overheads, Vanessa shares what itโ€™s really like to run a dental practice and how sheโ€™s built long-term wealth along the way. *Name changed for privacy. Her journey includes:


๐Ÿ‘‰๐Ÿพ getting into dental school & early career challenges

๐Ÿ‘‰๐Ÿฟ private vs public dentistry: work, income & opportunity

๐Ÿ‘‰๐Ÿป practice ownership, staff management & overheads

๐Ÿ‘‰ profit margins, fee structures & how dentists actually get paid

๐Ÿ‘‰๐Ÿผ buying her own premises & why it mattered

๐Ÿ‘‰๐Ÿฝ learning the business side of dentistry

๐Ÿ‘‰๐Ÿพ how Vanessa invests

๐Ÿ‘‰๐Ÿฟ decisions around insurances, SMSF & estate planning


Episode mentioned in the chat: ๐ŸŽง 506 protecting your wealth: wills, estate planning & generational wealth (Q&A with a lawyer)


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Any advice is general financial advice only which does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. If you do choose to buy a financial product read the product disclosure statement (PDS) and target market determination (TMD) and obtain appropriate financial advice tailored to your needs.


SYMO interactive Pty Ltd trading as money money money & Glen James are authorised representatives of MoneySherpa Pty Ltd which holds financial services license 451289.

Any advice is general financial advice only which does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. If you do choose to buy a financial product read the product disclosure statement (PDS) and target market determination (TMD) and obtain appropriate financial advice tailored to your needs. The host of this podcast is an authorised representative of Money Sherpa PTY LTD, which holds financial services license 451289. To download the financial services guide, please visit: https://moneymoneymoney.squarespace.com/s/FSG-Dev-Raga-Personal-Finance-August-2025.pdf


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