EP 49: The Truth About Debt, As Told by a Self-Made Millionaire (Re-Release)

In this episode, Jay sits down with two veteran trainers who’ve been inside over 1,800 practices. They’ve seen the difference between teams that perform and teams that just show up. They unpack the real reasons your team isn’t hitting the mark — from lack of clarity to weak leadership — and how to fix it without hiring new people. You’ll hear what actually works to activate potential, drive referrals, and create a team that’s fully bought in. If you’ve ever thought “I just need better people” — this is your wake-up call.    Visit our Website

In Part 2, two longtime friends and business partners open up about the gritty realities of growing a successful private practice. They share how doing everything themselves led to burnout—and how things started to change once they got serious about boundaries, leadership, and investing in the right coaching. Discover the key decisions that helped them scale without sacrificing their sanity, the mindset shifts that made the biggest difference, and why getting out of their own way was the ultimate unlock. This episode is packed with wisdom for anyone ready to grow on purpose and build a future that's bigger than they imagined.   For more information, visit Podcast for Doctors   Visit our Website to take our growth readiness assessment!

In this 2-part series, we delve into the remarkable story of Dr. Marvelli and Dr. Kamodia, two friends who turned their dental school bond into a thriving practice. They share their experiences of starting a business, the challenges they faced (including opening just before the pandemic!), and the strategies that fueled their rapid growth to a multi-million dollar practice. You'll also hear their insights on partnership, team building, and maintaining a vision for helping others.   For more information, visit www.podcastfordoctors.com    Hoping for growth isn't enough-you need the ability and commitment to lead it. If you're already sure you've got what it takes, congratulations. Grab the bull by the horns and APPLY FOR COACHING now. If you still have doubts, our Growth Readiness Assessment is for you.

In this eye-opening episode, Jay Geier delivers a hard truth: if you're struggling to hire or keep great people, the problem might be you. From outdated recruiting methods to cultures that unintentionally drive talent away, Jay breaks down what’s really going on—and how to turn it around.    You’ll learn how to shift your mindset from just “filling a role” to building your dream team, how to become the kind of leader top performers are drawn to, and what high-performing practices do to naturally attract and retain great people.   If you’ve ever been ghosted after posting a job or felt blindsided when a key team member walked out the door, this episode is your wake-up call. Join us June 12–14 at the Cobb Galleria in Atlanta for a 3-day course about this important topic.   Learn directly from Jay Geier, Dr. Bill Dorfman, and Eric Termuende- plus real doctors running multimillion-dollar practices will share what actually works.    Two seats included, but spots are filling fast.  Call 678-456-5921 or go to JUNE EVENT (jaygeierevents.com/june) to lock in your seats now! 

In this episode, Jay Geier sits down with Dr. Todd Sala to discuss the realities of running and scaling a private practice—the lessons they don’t teach you in dental school. From taking over a 110-year-old family practice to expanding from 8 to 34 operatories, Todd shares the hard-earned insights that transformed his business. They dive into the financial side of growth, including capital expenditures, cash flow management, and smart borrowing strategies. They also tackle common struggles dentists face, such as delegation, leadership, and avoiding burnout, and why so many private practice owners stay stuck in survival mode. Jay and Todd explore the importance of coaching, strategic thinking, and building a business that serves both your financial and personal goals. Plus, they introduce Klear Impakt, a buying group designed to help independent dentists lower costs and increase profitability. If you want to build a thriving, scalable, and financially successful practice, this episode is packed with real-world advice and actionable strategies you won’t learn in dental school!

Most people can’t quantify how much debt they actually have, they just know they have it. When really, this is a number you should be tracking relentlessly in order to avoid fees, minimize interest and accumulate wealth.   In revisiting this episode, self-made millionaire, Jay Geier, dives into the nitty gritty details and strategies he has used to de-leverage debts quickly, avoid interest and leverage debts to maximize cash flow. Debt is grotesquely misunderstood nationwide, but once educated, you will learn where to invest and what to avoid. 

Cash flow is the lifeblood of any successful private practice, yet it’s one of the most overlooked aspects of business management. In this episode, Jay breaks down the causes of cash flow issues, from rising costs to inefficient payroll and long-standing bad habits. Learn why quick fixes don’t work and how proactive strategies can help you avoid financial pitfalls. Jay discusses practical steps to analyze your expenses, streamline your operations, and ensure your team is contributing to the growth and profitability of your practice. Jay also explores the psychology behind financial success, emphasizing the importance of shifting behaviors and adopting a forward-thinking approach. From optimizing patient care and creating capacity to building a culture of accountability, this episode provides a comprehensive playbook for transforming your practice. Whether you’re struggling with cash flow now or preparing for growth in 2025, this conversation will equip you with the tools to take control of your financial future.   Visit jaygeier.com to learn more.

Are you a practice owner thinking about the future of your business? You’re invited to a 12-Hour Intensive with the #1 industry expert, Jay Geier, who has facilitated hundreds of practice sales, happening December 6-7 in Atlanta, GA. There are only 10 seats available for podcast subscribers!  Visit jaygeierevents.com/podcast to request your invitation now!   In this episode, Jay emphasizes the importance of having a 360-degree view when making critical decisions, especially regarding selling a practice. He explains that most people only see a small portion of the entire picture and fail to consider all angles, leading to uninformed decisions. Jay draws comparisons between selling a practice and other major purchases, like buying a home or car, where people often overlook important factors due to their limited view. He discusses the concept of bias and how it influences decision-making, particularly when it comes to buying and selling. Jay also highlights the importance of understanding the psychology of both buyers and sellers. He stresses that obtaining a full 360-degree view allows for more informed, strategic decisions, which can prevent costly mistakes. Jay concludes with an invitation to a limited event focused on gaining a comprehensive perspective on selling a practice, aimed at helping attendees make better decisions.  

In this episode, Jay Geier dives into the challenges that prevent some doctors from growing their practices. He identifies five key barriers that hold practitioners back: the pursuit of perfection, staying within their comfort zones, confusion or resistance regarding the role of money, neglecting to track key metrics, and the illusion that high-quality work alone is enough to succeed. Jay explains how each of these tendencies creates obstacles to growth and emphasizes the importance of shifting mindsets and actions to achieve success. By understanding these common pitfalls and overcoming them, doctors can unlock their practice’s full potential. Jay encourages listeners to reflect on these barriers, challenge their assumptions, and seek help if they find themselves stuck.

In our latest episode, we dive into three distinct paths: the self-directed life, the therapy-based life, and the coached life. While self-reliance is important, the right guidance can enhance effectiveness and lead to exponential growth. Listeners are encouraged to reflect on their own paths and consider how coaching could play a pivotal role in their journey.   "The Coached Life" is not just about professional development but also about personal transformation. It’s about opening your mind to new possibilities, gaining clarity, and creating a roadmap to achieve your dreams. Whether you’re seeking to improve your practice, enhance your leadership skills, or achieve personal breakthroughs, this podcast provides the insights and inspiration to get you there.   Tune in now and start your journey towards success!