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Financial Flossing

By: Ross Brannon
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  • Summary

  • The Financial Flossing Podcast is a must-listen for dental professionals who own practices and want to learn from industry leaders about growth strategies, buying or selling a practice, marketing, coaching, dental software, orthopedics, and more. Each episode features insightful conversations with dental industry experts, CPAs, lawyers, and other professionals, all aimed at helping listeners improve their dental practice and financial health and secure a brighter future. Hosted by Ross Brannon, a trusted financial advisor with vast industry experience, the podcast provides valuable information and strategies for maximizing earning potential and minimizing risk. Tune in each week to learn tried, tested, and fine-tuned ways to achieve financial security and plan for retirement. For more information, contact Ross at ross@rossbrannon.com or visit his website at Rossbrannon.com. About Ross Brannon The financial advisor offers his clients vast industry experience and an astute sense of what works and what doesn’t. Primarily serving dental professionals, physicians, and business owners, he takes pride in building relationships and financial plans unique to each client. From investment advice to retirement strategies to insurance options, Ross guides them to optimal solutions to their needs and concerns. Ross Bannon is a Registered Representative of Coastal Equities, Inc. and an Investment Advisory Representative of Coastal Investment Advisors, Inc. Investment Advisory Services are offered through Coastal Investment Advisors, Inc., a US SEC Registered Investment Advisor. Securities are offered through Coastal Equities, Inc., Member FINRA/ SIPC, 1201 N. Orange St., Suite 729, Wilmington, DE 19801. Coastal and CoastalOne are trade names for the Coastal Companies. The Coastal Companies are Coastal Equities, Inc., Coastal Investment Advisors, Inc., and Coastal Insurance Services, which consist of several affiliated insurance agencies. Podcasts are for informational purposes only.
    Copyright © 2021 Ross Brannon | All rights reserved
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Episodes
  • Ep 141: Revamp Dental Hiring: Talent First Approach

    Ep 141: Revamp Dental Hiring: Talent First Approach
    Mar 20 2024
    How can dental practices revolutionize their hiring process to ensure they bring in top talent aligning with their team's values and culture? In this enlightening episode, we delve into the innovative approach of Dr. Michael Neal, a visionary optometrist and the brain behind Build My Team, a program that changes the hiring landscape in dental practices. By shunning traditional resume-based hiring, Dr. Neal advocates for a talent and strengths assessment method, ensuring practices can onboard individuals who are qualified and fit culturally and skill-wise. From discussing the inefficacies of conventional hiring to revealing the transformative power of focusing on natural talents and automated systems, this episode is a treasure trove of insights for any dental practice looking to enhance their team performance and patient satisfaction. Key Takeaways: ✅ Assessing candidates based on natural talent and learning abilities can dramatically reduce turnover rates and boost team performance. ✅ Emphasizing talent certainty and responsiveness in the hiring process is crucial for efficiently filling positions in dental practices. ✅ Leveraging technology with automated hiring systems can streamline recruitment, quickly filtering applicants based on strengths. ✅ High-performing team members ('A players') significantly improve patient experience and the overall success of the practice. Notable Quotes from Michael: ● "We were hiring essentially upside down and backward." 🔄 ● "The cultural change was nothing short of transformative... Now it's fun, enjoyable, virtually no stress, and the team runs the practice." 🌟 ● "With our system, we don't look at resumes until the very bitter end of the process... when we know these people are fantastic." 📄 How to Reach Michael: Interested in learning more about Dr. Michael Neal’s innovative approach to hiring and Build My Team? Connect with him through: ● Website: Build My Team ● LinkedIn: Dr. Michael Neal ● Twitter: @BuildMyTeam Don't miss out on the opportunity to transform your dental practice by prioritizing strengths, talents, and a seamless hiring process! 🚀 Learn more about your ad choices. Visit megaphone.fm/adchoices
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    29 mins
  • Ep 140: Master Sustainable Growth & Operational Excellence

    Ep 140: Master Sustainable Growth & Operational Excellence
    Mar 13 2024
    How can dental practices transcend the ordinary and achieve extraordinary growth and efficiency? Dive into dental practice transformation with Melinda Heryford, MBA, a seasoned practice management consultant with over three decades of experience in dentistry. Starting her journey at 14, Melinda has dedicated her career to guiding dentists and their teams toward unparalleled success. Her boutique consulting practice is a beacon of continuous growth and excellence, helping comprehensive care dentists achieve and surpass their goals. In this episode, Melinda shares her wisdom on leveraging consulting services to catalyze growth rates of 20-25% and beyond, ensuring practices thrive and lead in their domain. Key Takeaways: ✅ Practice Management Consultants are pivotal in steering dental practices toward growth and operational excellence. ✅ A focused approach can yield growth of 10% as a baseline, with well-implemented systems pushing numbers to 20-25% or more. ✅ Continuous improvement and strategic planning in patient retention, treatment acceptance rates, and team alignment are essential for sustained success. ✅ Comprehensive care dentists zealously for growth and improvement are the ideal candidates for impactful consulting. ✅ Implementing systems and schedules meticulously can significantly enhance productivity and patient care, propelling dental practices to achieve and exceed their financial goals. Quotes from Melinda: ➡️ "What does it take to have a practice grow year over year? What are the things that make it thrive? And then how do you build and keep a team?" - Melinda Heryford ➡️ "If we don't have a focus beyond patient care, the practice tends to stagnate or be chaotic... Having a focus and team alignment behind that focus creates better results and unstoppable momentum." - Melinda Heryford ➡️ "I used to have 44 systems... Imagine I walk into your practice and say, 'It’s your day today. I have 44 systems to impart on you.' What do you think they thought?" - Melinda Heryford How to Reach Melinda: To learn more about Melinda Heryford’s consulting services and to witness the transformation she can bring to your dental practice, visit her website at Practice Management Consulting https://practicemanagementconsulting.com/ Link to the free Downloadable Offer mentioned in the podcast: https://bit.ly/Statementless_Practice Learn more about your ad choices. Visit megaphone.fm/adchoices
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    23 mins
  • Ep 139: Dental Excellence: Mergers & Mentorship Insights

    Ep 139: Dental Excellence: Mergers & Mentorship Insights
    Mar 6 2024
    🤔 "Ever wonder how the best dental practices keep growing in today's competitive landscape?" Join us on Financial Flossing as Ross Brannon chats with Dr. Kevin Kremer about dental practice growth and personal development dynamics. Dr. Kremer shares invaluable insights from his extensive experience, focusing on the significance of strategic mergers, mentorship, and continuous learning in the dental industry. Key Takeaways: 🌟 Strategic mergers are essential for scaling dental practices. 🎓 Mentorship is a powerful tool for personal and professional growth. 🚀 Specialized services significantly enhance patient satisfaction and practice profitability. 🔄 Embracing change and continuous learning are key to staying ahead in the competitive dental industry. 🤖 Navigating the DSOs and private equity landscape requires a careful strategy to maintain autonomy while growing. Connect with Dr. Kremer: For more insights or to explore mentorship opportunities with Dr. Kremer, reach out at kevinkremer.com; kremerleadership.com; kremerdental.com Learn more about your ad choices. Visit megaphone.fm/adchoices
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    34 mins
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