From Employee to Business Owner
How New Dentists Can Go from Employee to Business Owner Quickly and With Minimal Debt
During your first one or two years after dental school, you need to gain experience in order to be a good and competent dentist.
Many dentists spend those years as an employee of a Dental Support Organization, or DSO. During this time, they build their skills as a dentist, but they do NOT learn the skills, mindset and strategies required to buy or build their own business.
They also aren’t taught how to acquire a practice without the six-figure debt that often comes with it, and they don’t have the keys to financial freedom that would enable them to work as much or as little as they want to.
If you want to own a practice, there’s an easier, faster, more lucrative way.
What if you could start to transition into your own practice right away, close to where you want to live, and learn the finer points of running a business before you become responsible for running it?With Total Smile Protection (TSP), you can do exactly that.TSP was founded by a group of dental industry professionals, including an attorney who is an expert in joint ventures. A joint venture is when two or more people do something together.In this case, you and the selling dentist are creating a joint venture that helps the older dentist to transition out of the practice while you transition in over the course of several years, and enables both of you to create lifelong financial freedom.
We don’t just help you to own your own practice. We empower you to create lasting financial freedom.
If you want to be financially free, it isn’t enough to own a practice. You need to own a business.What’s the difference?With a practice, you only make money when you treat patients.With a business, you can make money even when you are not working, which means you are free to choose when and how much you work.In the wise words of Warren Buffet: “If you don't find a way to make money while you sleep, you will work until you die.”That’s why Total Smile Protection helps you to:
1. Turn your practice into a business that brings you income whether you’re working or not.
2. Own the real estate your business sits on, so instead of helping another landlord get rich at your expense, YOU are the landlord who receives rent, which increases the profitability and valuation of both your business and your real estate.
3. Get out of debt in less than half the time you thought it would take, and save thousands of dollars in interest, by owning your own Personal Liberty Bank.
You’ll also have the opportunity to own a management company that centralizes non-clinical functions for two or more dental practices.
This system is similar to a DSO, except that instead of prioritizing its own profit above the well-being of the dentist, patients and staff, it’s focused on improving patient care and creating financial freedom for all the dentists involved.
That's why we call it the Un-DSO!
Ready to create financial freedom, and save yourself years of work?
Our Un-DSO transition and financial freedom experts will be happy to help you! Just click the button below to access our scheduler and book your free consultation.