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Creating Wealth For Dentists: Free Teleseminar!!

On January 6th, 2010 at 8:00 PM Eastern Time we will be presenting our first “Can’t Miss” event of the year – and it is FREE!!

As the new decade begins, the number one thing on everyone’s mind is money. We are all asking these very important questions:

“How much money do I have?”
“How much do I need?”
“Will I be able to comfortably retire?” and perhaps most importantly
“How can I earn money on my investments and not have to worry about being crushed when the market goes sour?”

These questions are running through the minds of every dentist. But how do we really know what to do? With real estate still crashing, the markets uncertain, our retirement accounts clobbered and unemployment still high, how can we possibly plan for the future and see the light at the end of the tunnel?

That’s why you need to be on this call with The Madow Brothers and our special guest Ross Jardine. Ross is one of our country’s most recognized financial educators. Founder of Investools, one of the largest investment education companies in the world, Ross has created training programs for CNBC, Business Week, Investor’s Business Daily, TD Ameritrade and many more. He has taught financial strategies to hundreds of thousands of people around the globe for the past two decades and is one of our financial mentors.

On this call you will learn the things you need to survive and thrive in 2010 and beyond. Ross will be sharing with you one of his favorite strategies that actually made money during the Great Depression and all twelve recessions that followed, including the recent financial crisis of 2008. If you don’t have the stomach and nerves for another roller coaster ride, this is for you!

Plus he will be talking about ways to minimize taxes now and in retirement. You will learn why he considers most retirement plans (probably including yours!) to be a tax time bomb!

Over the years, Ross has taught his students why they can do better than the so-called “professional investors” and save tons of fees at the same time. So much incredible information will be shared on this call, and we will even save some time for questions at the end.

If you are concerned or even curious about your financial future, you need to be on this teleseminar. Here are the details:

Creating Wealth For Dentists FREE Teleseminar with The Madow Brothers and special guest Ross Jardine

  • Wednesday, January 6th

  • 8:00 – 9:00 PM, Eastern Time

  • 1-402-237-2015

  • Passcode: 547807#

Please note – our last few teleseminars have been so crowded that many people got shut out. Don’t let that happen to you! We suggest that you call a few minutes early to be guaranteed a spot to hear this fantastic call. The call will last one hour and you do not want to miss any of it! Your financial future depends on having access to the best information, and Ross Jardine is the real deal!!

This Is Guaranteed To Make You Feel Good About Dentistry!

One of the great things about dentistry is being able to enhance patient’s lives so significantly. Allowing people to look better, smile more readily, be free of pain, chew and function normally, live longer and have nice fresh breath for speaking and kissing are just a few of the things we do to improve the lives of everyone we touch. Even the most basic dental procedures are incredibly important – without good dental hygiene and regular cleanings millions more teeth would be lost every year.

Unfortunately even in the United States there are many citizens who have little or no access to oral health care. Many of these people, especially children, will have their futures dampened due to dental disease and lack of care. At The Madow Group, we are huge believers in helping the less fortunate achieve excellent dental health. We urge you to make 2010 the year that you help a few members of your community by providing free or low cost dental treatment. It will make you, the entire team and your patients feel even better about what you do.

Want to get involved on a larger scale? There are ways that you can touch thousands of deserving people from traditionally underserved parts of the country. For over fifty years, Oral Health America has been improving public health by eliminating oral disease through educating and empowering communities to provide access to care, and advocating for policies that create oral health parity.

Here are just a few examples of their great work:

ACCESS: OHA is close to their goal of providing 1,000,000 dental sealants to 225,000 children by 2010.

EDUCATION: Their messages of dental hygiene, proper professional care and healthy food choices have appeared in news sources which have reached over 170 million people.

ADVOCACY: For every American that lacks medical insurance, approximately two lack dental insurance. Only about one third of children covered by Medicaid obtain dental services each year. Oral Health America is advocating for the mouth to be included as one of our nation’s healthcare priorities, and is working in partnership with other oral health leaders to educate policymakers about disparities in access, social and economic equity, workforce, and effective community-based interventions.

We support this fantastic organization and hope that you will too. Please visit their website at www.oralhealthamerica.org to learn about the multitude of things they are doing to educate and improve the oral health care of so many in this country. While you are there learning about the fantastic work of this organization, we urge you to donate whatever you can afford. It’s guaranteed to make you feel even better about the great things we do in dentistry!

What’s Your BHAG? You Need To Know!

Yes – it’s that time of year again- the time when you get stuck with a really stupid white elephant gift from the annual gift exchange, drink too much at the office party and reveal a really embarrassing moment  from your past, get all nostalgic for something that wasn’t all that great anyway – and maybe, just maybe, begin thinking about next year.

When things in the office slow down a bit due to the holidays and you have a few more days off than usual, it is a good time to think about the future, namely your BHAG. So just what is a BHAG?

A BHAG is a “Big Hairy Audacious Goal” – a long term picture of where you see things going – not a one year plan, but a futuristic vision of what you would like to accomplish many years from now. When you do your short term planning you need to keep your BHAG in mind.

What are some examples of BHAGs? Here’s one.

“By the end of the decade we will send a man to the moon and have him return safely home again.”

Most people know this was one of the BHAGs of President John F. Kennedy. He didn’t say that first we would develop the Mercury space capsule and have someone orbit the Earth for a few minutes. But that was certainly one step of many that had to be taken.

Or how about this one from the business world?

“A computer on every desk in every home.”

When Bill Gates said that in 1982, most people, including the big shots at IBM, thought it was ridiculous. What use could the everyday consumer possibly have for a computer in their home? They certainly never pictured that right now this blog would be written on a laptop at 30,000 feet. But Bill Gates did. (Of course, he probably did not think it would be a MacBook!)

So while those are great examples of Big Hairy Audacious Goals, how well do they translate to the dental office? Actually, very well.

Bill Gates had so much work in front of him and his colleagues to get a computer in every home. Things like writing code for an operating system that normal people could use, making processor chips small and powerful enough to fit into a compact enclosure, and tons of other things we now take for granted had to be created for that BHAG to be achieved. But without it, they may never have happened.

So let’s take it to the dental office (or chiropractic, podiatric, medical office or any type of business if you happen to be one of our growing numbers of non-dental followers). Pretty soon you will be sitting down to set your goals for 2010 – or you certainly should be anyway. And in it you will have all of the normal stuff, things like:

  • Increase production and collections by 22% over last year.
  • Obtain 45 new patients each month.
  • Begin the interview process and hire a second hygienist by March 2010.
  • Complete a course and have a Social Media Marketing program up and running in the first quarter.
  • Ask every single patient if they would like whiter teeth.

Okay – you probably get the picture there. And that is all great stuff. But without the BHAG, you really don’t know where you are going with this. So take off your loupes for a second and put on your binoculars. What do you want to be doing ten years from now?

Maybe you want to sell your practice and work for the new owner, netting enough money on the sale that you can comfortably retire. Or perhaps you want to develop your practice from a one-person show into a multi-specialty group practice. Maybe you want to buy your own building and lease out space to other medical professionals.

Or how about this one – maybe you want to grow your practice by converting associates into partners so that you may be involved clinically just one or two days per week, take off the months of April and September to stay at your resort condo in Hawaii, and keep your income high and your retirement plan funded. Sounds pretty good! That goal is really big, kind of audacious, and pretty hairy too. And the only way to make that happen is to start now!

Team members – does this involve you? Absolutely!! Remember, the more the practice changes and grows, the more you will be rewarded (or should be rewarded anyway). So feel free to pitch in with the BHAG. And you can also have a personal BHAG, so please take some time to contemplate that.

Here is the point. Many offices will be doing their 2010 planning around this time of year, and that is fantastic. But to REALLY know how to plan, you need to know where you are going long term, and for that you need a BHAG.

So go ahead and make one! Make it super big, pretty darn audacious, and really hairy. Don’t worry – you can always modify and change it, so dream large! And then, when you begin your 2010 planning, keep the BHAG in mind.