The Bulletproof Dental Podcast Episode 353 HOSTS: Dr. Peter Boulden and Dr. Craig Spodak DESCRIPTION On this Episode we’re re-capping our 2024 Bulletproof Summit- the energy and feedback, importance of paying attention to one's body, and the need for educational platforms and team-building events. We also discuss the challenges of being a business owner and feeling overwhelmed, as well as the importance of team engagement and buy-in. We’ll shift to pricing strategies and the concept of designing fees based on desired earnings and the importance of setting fees based on what you want to earn and not just following industry standards. The conversation touches on the challenges and constant learning involved in dentistry, as well as the importance of investing back into the business to create more capacity and serve the community better. TAKEAWAYS The summit was a highly energizing and successful event, with positive feedback from attendees. Paying attention to one's body and incorporating practices like biohacking can enhance overall well-being and performance. There is a need for educational platforms and team-building events specifically designed for dental teams. Business owners often feel overwhelmed and become the bottleneck in their own progress. Engaging and empowering the team is crucial for growth. Pricing strategies should be based on desired earnings and the value provided, rather than arbitrary benchmarks. Designing fees with first principles thinking can lead to better profitability and case enrollment. Set your fees based on what you want to earn, not just industry standards Be less egoic about your fees and more realistic about your income goals Having a community of like-minded individuals is invaluable for collaboration and feedback Dentistry is a constant learning process and there is always more to learn and improve upon Investing back into your business can create more capacity and better serve the community CHAPTERS 00:00 - The Energizing and Successful Summit Experience 03:19 - The Need for Dental Team Educational Platforms 08:59 - The Role of the Business Owner in Growth 13:44 - Designing Fees Based on Desired Earnings 15:31 - Using First Principles Thinking in Fee Design 19:50 - Dynamic Pricing in Dentistry 22:20 - Challenges and Learning in Dentistry 27:26 - The Value of Community 33:52 - Investing Back into the Business REFERENCES Bulletproof Mastermind Enrollment for 2024-2025
