It’s no fun living paycheck to paycheck.
I’ve done it.
And life is far more fun when you’re comfortable.
Yet there are dentists out there who struggle.
Omer Reed told me four years ago that ninety five percent of American Dentists that reach the age of sixty-five cannot retire.
Because they have no money.
And that’s a pathetic statistic.
What’s the point of all those years of education, and sinking hundreds of thousands of dollars into buying or setting up a practice, only to arrive at the finish line with zero in the bank?
Only one in twenty dentists has reached *Independence Day* at age sixty five, says Omer.
“Independence Day”, he says, is having the ability to hang up your handpiece and walk away, knowing that your income from dentistry has been replaced by your income from your portfolio.
When I heard this story, I was the one in twenty.
And I was in a room of high achieving dentists. Listening to Omer.
Who wants to get to the end of their Dental Career and have to take a pay cut, or rely on others to support them?
Like family?
Or welfare?
What’s the point of a life like that?
Who wants to still be working at age sixty-five, because they have to?
Who wants to be a patient of a dentist over sixty-five who has to keep working?
With average life expectancies for men and women now pushing well into their eighties, that’s a long time to be still having to work, or an even longer time to be living off welfare.
So how do you become one of the five percent?
Is it to work hard, and hope?
Is that it?
As far as I’ve seen, *hope* is not a good business strategy.
Selling your practice at age sixty-five won’t fund your retirement.
Sadly most dentists aren’t even putting funds away on a regular basis.
Most dentists in their own business are struggling to get together their tax money each year.
Sometimes each quarter and each month…
So where do you start?
Well you could start by listening to others who have been successful?
Find out what they did and copy them?
That’s how Napoleon Hill wrote “Think and Grow Rich”.
He interviewed Andrew Carnegie, and at his suggestion, studied individuals who had achieved great wealth.
From there Hill developed the sixteen laws of success.
What Hill did not do is he did not ignore the advice of others.
Mark Victor Hansen, who I met last year, says that The Mastermind Principle, along with Knowing Very Clearly Where You Want To Go, have been time proven to be Hill’s Most Important Laws.
Is it worthwhile taking the time to listen to others who have reached success?
I think so.
We all work hard.
But working hard on its own is not the answer.
The Ultimate Patient Experience is a simple to build complete Customer Service system in itself that I developed that allowed me to create an extraordinary dental office in an ordinary Sydney suburb. If you’d like to know more, ask me about my free special report.
Email me at david@theupe.com
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