The Dental Wealth Nation Show with Tim McNeely

By: Timothy J McNeely CFP CIMA
  • Summary

  • The Dental Wealth Nation Show is a dynamic and engaging show hosted by Tim McNeely, a best-selling author and elite wealth manager specializing in helping entrepreneurial dentists reduce taxes, increase impact, and achieve high-value exits. Tim’s extensive knowledge and expertise make him renowned for guiding dentists to build lasting wealth and exit their practices successfully—faster and with less effort than they ever thought possible.
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Episodes
  • How to effectively recruit associate dentists in half the time at half the cost with Ben Shaver 0115
    Jun 19 2024

    In this insightful episode of *The Dental Wealth Nation Show*, host Tim McNeely and certified business coach Ben Shaver, dive deep into the complexities of recruiting associate dentists efficiently and cost-effectively. As dental practices face increasing challenges in finding and retaining quality talent, this episode offers valuable strategies to overcome recruitment hurdles.

    Tim McNeely opens the discussion by highlighting the current recruitment difficulties in the dental industry, emphasizing both internal and external avenues. Ben Shaver then shares his expertise, emphasizing the critical importance of employer branding, messaging, and cultivating a strong internal culture to attract top-tier associate dentists.

    The conversation thoroughly explores the misalignment between younger dentists' expectations and practice owners' needs, along with geographical and timing challenges. The episodes underscore the essential nature of maintaining a consistent practice through effective talent acquisition and retention, while managing associated costs.

    Key techniques such as reaching out to dental schools and utilizing advanced talent sourcing methods are discussed. The importance of employer reviews on platforms like Glassdoor and Indeed is also highlighted. Encouraging positive reviews can balance out any negative feedback and improve the practice’s image to potential employees.

    Attracting and retaining dental talent is further examined through the lens of social media and its role in portraying the practice's brand and culture. Tim and Ben stress the need for a well-aligned leadership, culture, and brand to create a positive work environment, facilitating employee referrals and internal recruitment success.

    The shifting priorities of younger generations of dentists are also explored, with a notable emphasis on quality of life and a supportive work environment over financial rewards alone. The episode dives into building a robust recruitment pipeline, underscoring the necessity for a clear mission statement and a vivid vision for the future of the practice.

    Additional highlights include industry statistics on associate dentist retention, overcoming recruitment challenges through relationship-building akin to business-to-business marketing, and the role of 3rd party recruiters in speeding up the recruitment process. A successful client example showcases the cost and quality benefits of effective talent sourcing.

    Tune in to gain actionable insights and innovative strategies to navigate the evolving landscape of dental associate recruitment. Don't miss out on this valuable conversation that aims to transform your recruitment approach, ensuring your practice is well-equipped for future growth.

    For more information and valuable resources, visit dentalwealthnation.com.

    Discussion Questions:

    1. What are the biggest challenges dental practices face when recruiting associate dentists, and why do these challenges exist?
    2. How can dental practices improve their employer brand and culture to attract top talent more effectively?
    3. What strategies can dental practices implement to align the interests of younger dentists with those of practice owners?
    4. In what ways do geographical and timing challenges impact the recruitment process, and how can practices overcome these obstacles?
    5. Why is it essential for dental practices to focus on reviews on job recruiting sites like Glassdoor and Indeed, in addition to Google, Yelp, and Facebook?
    6. How can practices utilize their current employees and internal recruitment plans to find quality candidates who fit the practice culture?
    7. What role does social media play in portraying a dental practice’s brand and culture, and how can practices leverage this for recruitment?
    8. How important is building a recruitment pipeline with culture, mission statements, and a vivid vision for the future, and why do many practices lack these components?
    9. What are the key metrics for recruiting associate dentists, and how can practices measure and improve these metrics?
    10. How can dental practices benefit from creative recruitment strategies, such as recruiting international dentists, and what are some success stories in this area?

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    38 mins
  • How to Harness the Power of Happiness with Nithya Karia 0123
    Jun 19 2024

    In this enriching episode of The Dental Wealth Nation Show, host Tim McNeely is joined by Nithya Karia, a renowned happiness coach and author of the influential book, "High Vibe Habits." Together, they explore the transformative power of happiness and how it can lead to increased empathy, creativity, and collaboration.

    Nithya Karia delves deep into the importance of reducing stress and opening the mind to new possibilities. By practicing curiosity and controlling what we can actually control, she reveals how these practices can foster a positive shift in mindset, leading to powerful personal and professional growth. Listeners will learn how to harness energy for positive change and the impact of directing this energy towards meaningful outcomes.

    Throughout the episode, Tim McNeely praises the impactful shift in focus and mindset, emphasizing the need to seek abundance even in a world that often appears scarce. Nithya Karia shares her journey, emphasizing that happiness is not merely about external achievements but about receiving and planning for true fulfillment. She addresses the common struggles of achievers who feel trapped by measurable goals and societal expectations.

    Listeners will gain insights into the significance of being human beings rather than human doings, as Nithya Karia encourages a flexible approach to self-improvement. By taking small steps and checking in with one's feelings, individuals can achieve a state of balance and empowerment. This episode also highlights the misconceptions about happiness being fragile and dependent on external factors, urging individuals to prioritize their own well-being.

    Additionally, Nithya Karia and Tim McNeely discuss the importance of self-care, enlightened self-interest, and acting with intention to be of service to others. Nithya's workshops and her book "High Vibe Habits" are designed to help people thrive without exhausting themselves, shifting their perspective to a more empowered state of being.

    Join us for a captivating conversation with Nithya Karia as she shares valuable strategies for improving well-being, achieving personal growth, and realizing the impacts on happiness and achievements when focusing on "being" rather than just "doing." Don't miss this enlightening episode offering a framework for personal growth and tips for a fulfilling life journey.

    For more information, visit Nithya Karia’s website or follow her on social media. Listen in to take control of your happiness and create the life you desire.

    Discussion Questions:

    1. **Mindset Shift Techniques:** Nithya Karia emphasizes the importance of reducing stress to enhance empathy, creativity, and collaboration. What techniques or practices can you implement in your daily life to reduce stress and open your mind?
    2. **Curiosity in Communication:** How can fostering a sense of curiosity transform your approach to handling unexpected situations and communicating with others?
    3. **Control and Influence:** Discuss the concept of focusing on what you can control. How does this practice impact your overall well-being and stress levels?
    4. **Energy and Positive Change:** How can you harness and direct your energy towards creating positive change in your personal and professional life?
    5. **Myths of Happiness:** Nithya addresses the misconception that happiness is fragile and reliant on external factors. How can this mindset shift help you prioritize your well-being?
    6. **Balance Between Achieving and Receiving:** Nithya talks about finding a balance between achieving goals and receiving joy. How can you create this balance in your life, and why is it important for long-term happiness?
    7. **Enlightened Self-Interest:** What does acting with enlightened self-interest mean to you, and how can it enhance both your life and your ability to help others?
    8. **Body Scan Practice:** Nithya suggests doing a body scan to assess feelings. Have you tried this practice? What are your experiences, and how has it influenced your decision-making and emotional clarity?
    9. **High Vibe Habits:** Discuss some common challenges you face in adopting new habits for personal growth. How can Nithya’s concept of "High Vibe Habits" help overcome these challenges?
    10. **Workshop and Community:** Nithya holds workshops that focus on intentional investment of energy and personal happiness. How valuable do you think these communal experiences are for personal growth, and would you be interested in attending such a workshop?
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    42 mins
  • Unlocking Smiles: Navigating Special Needs Treatment with Lisa Curbow 0117
    Mar 28 2024

    Get insights into the world of specialized dental care as Dental Wealth Nation showcases a compelling discussion with Lisa Kerbo, an experienced dental hygienist renowned for her work with special needs patients. This conversation is a must-listen for dental practitioners eager to enhance the inclusivity and diversity of their practice.

    The episode is filled with stories of Lisa's journey, her transitional challenges, and how she succeeded in integrating special needs care into her practice. She generously shares how continuing education and active volunteering are initial steps towards embarking on this journey of unique patient care.

    This conversation also delves into the pivotal aspects of legalities and hospital credentialing. Lisa offers valuable recommendations on where to focus when venturing into this specialized field of dentistry. The episode firmly emphasizes that a practitioner's commitment to inclusivity can make a significant difference in the life of a patient with special needs.

    Remarkable wisdom also stems from the-heartfelt experiences shared by our guest about accommodating patients with chronic illnesses and dementia. The conversation provides a clear illustration of how to assemble and reinforce a dedicated team, while also driving home the significance of comprehensive caregiver involvement as a cornerstone for customized patient service.

    One innovative highlight of the discussion is Lisa's 'Dental Sensory Kit', designed to acclimate special needs patients to a dental office environment. This component of the conversation underscores the episode's core message: By taking strategic steps and staying committed, dental practitioners can create an atmosphere that is not only integrative and productive, but also immensely comforting for special needs patients.

    Listen to this engaging episode for expert advice and firsthand insights into making dental healthcare more accessible, more inclusive, and profoundly beneficial for all patients, regardless of their unique needs.

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    37 mins

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