POUW: Debt and Net Worth: You Need Both

Shared Practices 2.0 | Your Dental Roadmap through Practice Ownership - Ein Podcast von Dr. Richard Low | Shared Practices Network - Montags

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Our guest’s journey is similar to that of many of our listeners. We’re reminded that, for so many of us, EQUITY in a dental practice—even if it substantially increases your debt—is the best way to pay off student loan debt, and reliably build net worth. Reality is more forgiving than a negative mindset. “I work to provide for my family, then I look at my paycheck as an associate, and half of it is gone because I’m not the owner. That really lit a fire under me to work toward ownership”. After several iterations of his vision, “Dr. Thomas” now brings his prospective acquisition to Dr. Matt Ford.

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