Established dentist here. I refuse to purchase my own practice because I agree with your brother - I can do without the headache of practice ownership. However, I am now planning on putting aside funds to explore real estate investing. Your videos are rather insightful. Happy I came across them.
Retired Solo pediatric dentist here. 1.1 million take home on $1,850,000 production, 42 percent overhead. Office 2,400 sq ft, 4 ops, worked 4 days a week. Never wanted to have multiple offices, increased overhead, increased liability, and didn’t want to babysit other Dentist. Everyone has their own set of skills and limitations. Best to keep inflow with what works for you. The problem with averages is that limits imagination. You can build anything you want. You can also practice how you want, hire other to things you do not want to do, aka the 0:30 headaches.
There is so much more variation than what you described. With full mouth implant surgery trends. If you are a competent efficient surgeon you can average 12k a day-take home as an independent contractor working no more than 6-8 hrs a day.
@moses-525 I agree. What I'm focusing in is the average. Don't forget about taxes, though. Unless you use the short-term rental tax loophole or file Real Estate Professional Status (check out my videos on each), you'll be paying ALOT of taxes 😉.
@@DebtFreeDoctorJeffAnzalone I hear you. Just saying with the emergence of all on 4 centers. Surgical associates can take home well over a million working three days a week as an independent contractor through my subchapter S corporation. This category of practices is causing the emergence of another category of dentists… more like super dentists!
For me it would be financial compensation, comfortable living, the gratitude of making a a patient feel better, being my own boss, medicine is my passion.
Initially I wanted to be a Physician assistant and still kind of do however I want a bigger financial ceiling, want to be my own boss. I am also 28yo and have a bachelors already. Is it worth it financially for that much debt?
U have to get into a US dental program for 2 years after getting a foreign dental accreditation and then after those 2 years u need to pass board exams. Will cost like $180K USD
Looking forward to becoming a dentist
Established dentist here. I refuse to purchase my own practice because I agree with your brother - I can do without the headache of practice ownership. However, I am now planning on putting aside funds to explore real estate investing.
Your videos are rather insightful. Happy I came across them.
Retired Solo pediatric dentist here. 1.1 million take home on $1,850,000 production, 42 percent overhead. Office 2,400 sq ft, 4 ops, worked 4 days a week. Never wanted to have multiple offices, increased overhead, increased liability, and didn’t want to babysit other Dentist. Everyone has their own set of skills and limitations. Best to keep inflow with what works for you. The problem with averages is that limits imagination. You can build anything you want. You can also practice how you want, hire other to things you do not want to do, aka the 0:30 headaches.
I am studying BDS(Bachelor of dental surgery) under Dhaka University 😊❤
I’m starting off as a dentist assistant soon. The sky is the limit!!
There is so much more variation than what you described. With full mouth implant surgery trends. If you are a competent efficient surgeon you can average 12k a day-take home as an independent contractor working no more than 6-8 hrs a day.
@moses-525 I agree. What I'm focusing in is the average. Don't forget about taxes, though. Unless you use the short-term rental tax loophole or file Real Estate Professional Status (check out my videos on each), you'll be paying ALOT of taxes 😉.
@@DebtFreeDoctorJeffAnzalone I hear you. Just saying with the emergence of all on 4 centers. Surgical associates can take home well over a million working three days a week as an independent contractor through my subchapter S corporation. This category of practices is causing the emergence of another category of dentists… more like super dentists!
I’m a D2 student currently and I’m very concerned about the enormous student loan debt and I’m not sure how to tackle this burden
@@yoniboboshov500 Military would be a good route. The Navy has a great training.
Where could i learn how to acquire and run a practice
On the job training is where I learned
Hello i study dentistry in morocco and i am about to finish my studies can i work as a dentist in the us??
U have to go through a whole process to work there that can last 1 to more years.
@@jaeerenaistre2 year programs at an American dental school with USA tuition prices and then u need to pass board exams
I’m 30. I’m thinking about a career change and going to dental school. Do you think it’s worth it at my age?
What are your reasons for wanting to go?
For me it would be financial compensation, comfortable living, the gratitude of making a a patient feel better, being my own boss, medicine is my passion.
Initially I wanted to be a Physician assistant and still kind of do however I want a bigger financial ceiling, want to be my own boss. I am also 28yo and have a bachelors already. Is it worth it financially for that much debt?
Don't forget about the pound of gold pilferd after 25 years of dentistry. Gold that belongs to your customers.
Indian dental graduate are valid in usa????
U have to get into a US dental program for 2 years after getting a foreign dental accreditation and then after those 2 years u need to pass board exams. Will cost like $180K USD
Do dentist have to get the c19 vaccine?
No
Awesome, Thanks for the reply!!
4th year dental student here. Great informative video, Thanks!
Feel free to share with your classmates.