
Hosted by The Lifestyle Practice Coaches · EN

In this episode, Dr. Raheel Haider breaks down the exact red flags that turned an $800K practice into a bankruptcy — sky-high rent eating into profit margins, $10,000/month in marketing that wasn't converting, a saturated market with brutal competition, and a seller he didn't trust. This is a real case study in dental practice acquisition, practice due diligence, and the numbers every dentist needs to check before buying a dental practice. If you're a dentist considering practice ownership, a dental student planning your future, or a practice owner trying to figure out why your margins feel this tight — this episode shows you exactly what to look for (and look out for) before you sign. What you'll learn: The 4 red flags Raheel found before walking away from an $800K/year practice Why high fixed costs (especially rent) can quietly sink a profitable-looking practice How to evaluate a seller's marketing spend and patient demographics before buying Why trusting the seller's numbers isn't optional — and how to catch red flags in a P&L The difference between "not defaulting" and actually thriving as a practice owner Connect with us: Take our FREE lifestyle and practice assessment: https://thelifestylepractice.com/practice-assesment/ Learn more about 1-on-1 coaching: https://thelifestylepractice.com/coaching-services/ Get access to TLP Academy: https://thelifestylepractice.com/coaching-services/ Get the TLP Student Academy for $20 (lifetime access): https://the-lifestyle-practice.teachable.com/p/studentacademy Subscribe to The Lifestyle Practice Podcast: https://podcasts.apple.com/us/podcast/tlp-podcast-for-dentists/id1476544801 Free ebook — "How to Achieve Financial Freedom in Seven Years or Less": https://the-lifestyle-practice.com/home-page-page Email Raheel at raheel@thelifestylepractice.com Email Derek at derek@thelifestylepractice.com Email Matt at matt@thelifestylepractice.com Email Steve at steve@thelifestylepractice.com

Five and a half years ago, Dr. Eric Palmer bought a three-operatory dental practice about 20 minutes outside one of the most competitive dental markets in the United States. The practice had no insurance verification process, no real treatment plan presentation, and a hard credit check on every new patient. Today, that same practice has doubled its production and collections on the same three chairs, runs on a three- to four-day clinical week, and is being built out to eight operatories to support a future associate hire. In this conversation, Eric and Steve walk through the entire arc: discovering practice ownership through a podcast episode during residency, finding an off-market practice through direct mailers to retiring dentists, navigating a financing gap when a home sale fell through days before closing, fixing broken front-office systems in the first weeks of ownership, and building a billing strategy that profits inside a low-fee-allowable PPO state using CEREC same-day dentistry. Key topics covered: Finding off-market dental practices for sale through direct outreach Bridging a financing gap with seller financing during an acquisition Fixing insurance verification and treatment plan presentation as a new owner Managing staff transitions and turnover after a practice purchase Billing profitably as an in-network PPO practice Using CEREC technology to improve Class II procedure outcomes and reimbursement Planning an 8-operatory build-out for future associate or specialist hires Defining your lifestyle vision before choosing a practice ownership path Connect with us: Take our FREE lifestyle and practice assessment: https://thelifestylepractice.com/practice-assesment/ Learn more about 1-on-1 coaching: https://thelifestylepractice.com/coaching-services/ Get access to TLP Academy: https://thelifestylepractice.com/coaching-services/ Get the TLP Student Academy for $20 (lifetime access): https://the-lifestyle-practice.teachable.com/p/studentacademy Subscribe to The Lifestyle Practice Podcast: https://podcasts.apple.com/us/podcast/tlp-podcast-for-dentists/id1476544801 Email Derek at derek@thelifestylepractice.com Email Matt at matt@thelifestylepractice.com Email Steve at steve@thelifestylepractice.com

2026 is officially halfway over — and if you're a dentist or dental practice owner, that means it's time for an honest mid-year check-in. In this episode of The Lifestyle Practice Podcast, Matt Vogt breaks down the real difference between dentists who are winning in 2026 and dentists who are losing, based on patterns he sees across practice ownership, dental practice management, and everyday life. Dr. Matt shares three signs you're losing this year: being reactive to every up and down in your dental practice, blaming your team or "bad luck" instead of taking ownership, and coasting through your career without intention. Then he flips it — the three signs you're actually winning: staying the course through the ups and downs of practice ownership, taking extreme ownership of your results (including how you handle a tough Google review or patient complaint), and leading your day, your team, and your practice with real intention instead of drifting. Whether you're a general dentist, a specialist, or a practice owner working on treatment acceptance, staffing, or burnout, this episode is a reset for the second half of 2026. If you want to build a practice and a life that actually feel like a win — not just look like one — this one's for you. Connect with us: Take our FREE lifestyle and practice assessment: https://thelifestylepractice.com/practice-assesment/ Learn more about 1-on-1 coaching: https://thelifestylepractice.com/coaching-services/ Get access to TLP Academy: https://thelifestylepractice.com/coaching-services/ Get the TLP Student Academy for $20 (lifetime access): https://the-lifestyle-practice.teachable.com/p/studentacademy Subscribe to The Lifestyle Practice Podcast: https://podcasts.apple.com/us/podcast/tlp-podcast-for-dentists/id1476544801 Email Derek at derek@thelifestylepractice.com Email Matt at matt@thelifestylepractice.com Email Steve at steve@thelifestylepractice.com

Every dental practice owner is facing the same three problems in 2026: insurance reimbursements that haven't kept up with inflation, a staffing and retention crisis, and overhead that keeps climbing no matter what you cut. In this episode of The Lifestyle Practice Podcast, Dr. Derek Williams breaks down why these dental practice management challenges have gotten worse — and more importantly, what the highest-performing practices are doing differently to grow production, protect their margins, and build a team that doesn't leave. You'll learn how one practice increased production by 40% without changing their insurance mix or seeing more patients — just by fixing how they diagnosed, communicated, and followed up with patients. You'll also get a practical framework for improving staff retention (without a bigger payroll budget) and a simple way to tell whether an expense is actually an investment in your practice's growth. If you're a dental practice owner trying to increase profitability, reduce overhead, and build a team that sticks around, this episode gives you three action items you can implement in your practice this week. Connect with us: Take our FREE lifestyle and practice assessment: https://thelifestylepractice.com/practice-assesment/ Learn more about 1-on-1 coaching: https://thelifestylepractice.com/coaching-services/ Get access to TLP Academy: https://thelifestylepractice.com/coaching-services/ Get the TLP Student Academy for $20 (lifetime access): https://the-lifestyle-practice.teachable.com/p/studentacademy Subscribe to The Lifestyle Practice Podcast: https://podcasts.apple.com/us/podcast/tlp-podcast-for-dentists/id1476544801 Email Derek at derek@thelifestylepractice.com Email Matt at matt@thelifestylepractice.com Email Steve at steve@thelifestylepractice.com

Dr. Matt Vogt is back for another episode of The Lifestyle Practice — and this one gets personal. After a chance dinner conversation with a pre-dental student staring down a $650K tuition bill, Matt found himself revisiting his own $450,000 student loan journey and asking a simple question: if he had to pay it all off again, what would he do differently? In this episode, he breaks it down into three hard-won lessons: 🦷 Start or buy a practice sooner — ownership (in the right opportunity) is one of the biggest drivers of freedom and wealth in dentistry. 📈 Invest more heavily in yourself and your practice early — the CE, the hygienist, the growth moves that compound before life gets busier. 💸 Attack the debt even faster — delay gratification, stay hard-headed, and chase that indescribable moment when the balance hits zero. Connect with us: Take our FREE lifestyle and practice assessment: https://thelifestylepractice.com/practice-assesment/ Learn more about 1-on-1 coaching: https://thelifestylepractice.com/coaching-services/ Get access to TLP Academy: https://thelifestylepractice.com/coaching-services/ Get the TLP Student Academy for $20 (lifetime access): https://the-lifestyle-practice.teachable.com/p/studentacademy Subscribe to The Lifestyle Practice Podcast: https://podcasts.apple.com/us/podcast/tlp-podcast-for-dentists/id1476544801 Email Derek at derek@thelifestylepractice.com Email Matt at matt@thelifestylepractice.com Email Steve at steve@thelifestylepractice.com Grow smarter. Practice better. Live more. #DentalPodcast #PracticeOwnership #DentalStudentLoans #DentistryBusiness #TheLifestylePractice #DentalEntrepreneur #FinancialFreedom

82% of dentists report major stress. 60% have considered changing careers or retiring early. If you've felt that way, you're not alone — but selling the practice isn't the only exit. In this episode, Dr. Steve Van De Graaff breaks down a practical framework for beating dental burnout and rediscovering satisfaction in your work, without blowing up everything you've built: Get specific — Burnout isn't one giant issue. It's several small triggers left unresolved. Make the list, then attack them one by one. Fix the team tension — There's usually one person weighing the doctor down. Set expectations, have the conversation, make a plan. Stop doing dentistry you hate — The pediatric appointment that changed everything, and why cutting the work you dread can transform your week. Move away from low-fee dentistry — Renegotiate PPO fees, drop your worst plans, raise out-of-network fees, and stop getting paid nickels on the dollar. Work less — Why dropping to a 3 or 3.5-day week almost never lowers income, and how two clients redesigned their schedules around their lives. You are not trapped. Your practice should support your life — not the other way around. Dentistry is challenging, but it shouldn't be miserable. Connect with us: Take our FREE lifestyle and practice assessment: https://thelifestylepractice.com/practice-assesment/ Learn more about 1-on-1 coaching: https://thelifestylepractice.com/coaching-services/ Get access to TLP Academy: https://thelifestylepractice.com/coaching-services/ Get the TLP Student Academy for $20 (lifetime access): https://the-lifestyle-practice.teachable.com/p/studentacademy Subscribe to The Lifestyle Practice Podcast: https://podcasts.apple.com/us/podcast/tlp-podcast-for-dentists/id1476544801 Email Derek at derek@thelifestylepractice.com Email Matt at matt@thelifestylepractice.com Email Steve at steve@thelifestylepractice.com

We're thrilled to welcome our newest partner to The Lifestyle Practice — Dr. Raheel Haider! In this episode, Derek Williams, Matt Vogt, and Steve Van De Graaff sit down with Raheel to talk dental practice ownership, financial freedom for dentists, and the mindset shifts that took him from a burned-out associate with imposter syndrome to a confident practice owner growing his dental practice 50% in under a year. Raheel shares his journey from growing up in Dallas, Texas, with immigrant parents who pushed dentistry as "the way out," to discovering personal finance and financial literacy in college after a missed car payment wrecked his credit score. He walks through his dental school strategy at UNLV, why he prioritized clinical volume over grades, how he found and negotiated his first dental practice acquisition, and the exact playbook he used to grow collections without adding new procedures — renegotiating insurance, fixing front desk phone answer rates, and pricing corrections. If you're a dental student, associate dentist, or practice owner interested in dental practice ownership, financial independence for dentists, or scaling a dental practice through better systems (not more chairside hours), this episode is packed with practical lessons. Connect with Dr. Raheel Haider: 📘 FREE EBOOK — "How to Achieve Financial Freedom in Seven Years or Less": https://the-lifestyle-practice.com/home-page-page 🔗 Coaching & TLP Academy → https://thelifestylepractice.com 📩 raheel@thelifestylepractice.com 👥 FB Group: Financial Freedom, Retire Early for Dentists → https://www.facebook.com/share/g/18C1jHTJb6/?mibextid=wwXIfr Connect with us: Take our FREE lifestyle and practice assessment: https://thelifestylepractice.com/practice-assesment/ Learn more about 1-on-1 coaching: https://thelifestylepractice.com/coaching-services/ Get access to TLP Academy: https://thelifestylepractice.com/coaching-services/ Get the TLP Student Academy for $20 (lifetime access): https://the-lifestyle-practice.teachable.com/p/studentacademy Subscribe to The Lifestyle Practice Podcast: https://podcasts.apple.com/us/podcast/tlp-podcast-for-dentists/id1476544801 Email Derek at derek@thelifestylepractice.com Email Matt at matt@thelifestylepractice.com Email Steve at steve@thelifestylepractice.com

In just over three months of practice ownership, Dr. Tim Balzen has already produced double the income he made last year as an associate — and he's closing on a second building in a few weeks to keep up with demand. In this episode, Dr. Tim sits down with Steve to walk through the five-year, multi-state journey that led him from a saturated Boise market to a three-op practice in a small Missouri town, and everything that's happened since closing day. He gets candid about the offices he almost bought (and why he didn't), the moment three team members broke down crying in his first month, the insurance call that earned him an instant 20% fee bump, and the neighboring dentist whose letter to patients accidentally sent over 100 new appointments his way. If you're a dentist or dental student weighing ownership, this one is packed with practical, no-fluff lessons on how to actually pull it off — and why the path is rarely a straight line. Learn more about The Lifestyle Practice and the work behind Tim's journey at thelifestylepractice.com. Connect with us: Take our FREE lifestyle and practice assessment: https://thelifestylepractice.com/practice-assesment/ Learn more about 1-on-1 coaching: https://thelifestylepractice.com/coaching-services/ Get access to TLP Academy: https://thelifestylepractice.com/coaching-services/ Get the TLP Student Academy for $20 (lifetime access): https://the-lifestyle-practice.teachable.com/p/studentacademy Subscribe to The Lifestyle Practice Podcast: https://podcasts.apple.com/us/podcast/tlp-podcast-for-dentists/id1476544801 Email Derek at derek@thelifestylepractice.com Email Matt at matt@thelifestylepractice.com Email Steve at steve@thelifestylepractice.com

In this episode of The Lifestyle Practice Podcast, Dr. Matt Vogt and Dr. Derek Williams dive deep into what it really takes to succeed as a dental practice owner—whether you're starting from scratch or acquiring an established practice. Are you thinking about starting a dental practice but unsure if it's the right move? In this dental practice startup guide, Matt shares his honest coaching approach to evaluating potential dental entrepreneurs. Unlike typical "you can do it" motivational advice, Matt takes a neutral, wisdom-based approach to dental business strategy that helps dentists make smarter decisions about practice ownership. What You'll Learn in This Dental Practice Coaching Conversation The key differences between starting a dental practice and acquiring an existing one How successful practice owners think differently about growth Why personality and intuition matter more than you might think in dental entrepreneurship The truth about dental practice challenges that nobody talks about How to evaluate whether starting a dental practice is right for you Real-world practice management insights from someone who has built, scaled, and successfully grown practices Connect with us: Take our FREE lifestyle and practice assessment: https://thelifestylepractice.com/practice-assesment/ Learn more about 1-on-1 coaching: https://thelifestylepractice.com/coaching-services/ Get access to TLP Academy: https://thelifestylepractice.com/coaching-services/ Get the TLP Student Academy for $20 (lifetime access): https://the-lifestyle-practice.teachable.com/p/studentacademy Subscribe to The Lifestyle Practice Podcast: https://podcasts.apple.com/us/podcast/tlp-podcast-for-dentists/id1476544801 Email Derek at derek@thelifestylepractice.com Email Matt at matt@thelifestylepractice.com Email Steve at steve@thelifestylepractice.com

In this episode of The Lifestyle Practice, we break down 7 powerful money lessons every dentist and parent should know—covering financial freedom, smart investing, compound interest, and how to teach kids about money the right way. Most people don't learn through advice—they learn through experience and ownership. That single shift changes everything about how you build wealth, raise financially independent kids, and design a life of intentional living. Whether you're a dentist looking to grow and scale your dental practice without burning out, or a parent who wants to teach financial literacy early, this conversation is packed with real, actionable insight. We cover why money is a tool and not the purpose of life, the multiple paths to financial freedom (college isn't the only one), why investing early and understanding compound interest matters, and how to balance saving, investing, and actually enjoying life. Most importantly, we talk about why intentionality plus ownership equals true freedom. Connect with us: Take our FREE lifestyle and practice assessment: https://thelifestylepractice.com/practice-assesment/ Learn more about 1-on-1 coaching: https://thelifestylepractice.com/coaching-services/ Get access to TLP Academy: https://thelifestylepractice.com/coaching-services/ Get the TLP Student Academy for $20 (lifetime access): https://the-lifestyle-practice.teachable.com/p/studentacademy Subscribe to The Lifestyle Practice Podcast: https://podcasts.apple.com/us/podcast/tlp-podcast-for-dentists/id1476544801 Email Derek at derek@thelifestylepractice.com Email Matt at matt@thelifestylepractice.com Email Steve at steve@thelifestylepractice.com