Bulletproof Dental Practice

Dr. Peter Boulden & Dr. Craig Spodak

A dental podcast about the business of dentistry, with practical advice on what it actually takes to grow a successful practice: marketing, patient enrollment, systems, team leadership, retention and referrals, and how to build wealth that doesn't depend on your clinical days. But a great practice is only half of it. This show is also about finding fulfillment in dentistry again, and having the honest conversations most dentists only have behind closed doors: burnout, money, partnerships gone wrong, team drama, and the pressure nobody talks about. Real strategies, real talk, and plenty of laughs along the way. Hosted by Dr. Peter Boulden and Dr. Craig Spodak.

  1. 4d ago

    The Math of Going Multi-Location

    There is a valid belief that a dentist collecting millions from just a few chairs means they've reached an elite solo production level, and finally won the game. But to a high-performing clinician carrying the weight of an entire practice on their shoulders, scaling up can feel less like building wealth and more like running yourself into the ground - especially when that clinician is an introvert. In this episode, Dr. Peter Boulden, Dr. Craig Spodak and Ian de Jongh unpack a My Story submission from Dr. Dixie Jernigan, an apex solo producer who grew an acquired practice from $1.2M to $4M in three years out of just five operatories. With a brand-new, 13-operatory flagship building opening a mile away and her first associate coming on board, Dixie faces two massive crossroads: should she keep her existing suite as an associate-run second location, and should she pull back her clinical schedule right away or keep grinding at the chair? On the business side, Peter and Craig make the case against keeping the original suite, while breaking down the real financial math of true scale; on the clinical side, they outline the shift that has to happen to help ensure success. Just because you have the grit and work ethic to run a multi-location empire doesn't mean it's the right move for your life. Audit your goals through the three currencies—time, money, and emotional freedom—and make sure your expansion is buying you a better life, not just more noise. Have a question or want to share your update? Email mystory@bulletproofdentalpractice.com or submit directly via the podcast page at www.bulletproofdentalpractice.com. Got a story or a question for the guys? Call 561-933-5575. www.bulletproofmastermind.com www.bulletproofsummit.com

    The Math of Going Multi-Location
  2. Oct 21

    $1M EBITDA: Mega Practice or Multiple Locations?

    The natural impulse for a practice owner sitting on strong cash flow is to assume the next logical step is planting flags across town. But expanding your geographic footprint often introduces a brutal management tax that multiplies operational headaches, dilutes culture, and duplicates overhead without necessarily putting more spendable cash in your pocket. In this Hotline episode, Dr. Peter Boulden, Dr. Craig Spodak and Ian de Jongh break down a call from Dr. John, an owner generating seven-figure EBITDA across two locations. He's at the crossroads of building two mega practices or acquiring additional offices across the region. Peter and Craig make the case for single-site leverage, explaining why maximizing your existing footprint is far simpler (and often far more profitable) than navigating the tricky operational leap from two offices to three. The guys weigh the real trade-offs: growing under one roof is far simpler than juggling multiple addresses, but putting all your eggs in one basket brings its own risks. Peter and Craig break down why owning your building beats paying a landlord every time, how to tell if you're expanding for a better lifestyle or just feeding your ego, and touch on their experience of managing dozens of chairs themselves. Before you commit to a third lease, audit your existing capacity and make sure the juice is worth the squeeze. Maximize the chairs you have, build an asset you control, and don't expand your footprint until your current walls force your hand. Want to share your update or answer Peter and Craig's follow-up questions? Email mystory@bulletproofdentalpractice.com. Got a story or a question for the guys? Call 561-933-5575. www.bulletproofmastermind.com www.bulletproofsummit.com

    $1M EBITDA: Mega Practice or Multiple Locations?
  3. Oct 5

    Rent or Own Your Practice Building?

    Many dental practice owners suffer from a dangerous financial misconception: that signing a 10-year lease is the low-risk choice, without realizing it carries the same level of commitment as buying a commercial property. The only difference is that after a decade of writing rent checks, you haven't built equity for yourself - you've simply paid off the landlord's mortgage while sinking hundreds of thousands of dollars into non-transferable leasehold improvements. In this episode, Dr. Peter Boulden and Dr. Craig Spodak welcome back Chandler Wrightenberry from Live Oak Bank to expose the math behind commercial real estate, SBA lending, and why dentists remain notoriously averse to owning their own dirt. Chandler breaks down how Live Oak has funded over $3.5 billion in dental healthcare projects by leveraging SBA government guarantees, allowing practice owners carrying student loans, credit card debt, or personal mortgages to secure high-leverage financing for ground-up builds where traditional banks hesitate. Craig and Peter tackle the pervasive fear around interest rates, reveal a surprising stat about how today's volatility shouldn't impact a decision to buy, and how signing an $11,000 mortgage check is smarter than paying $5,000 in rent. The trio digs into real-life cautionary stories, from landlords possessing complete leverage over tenants who want to expand, to an extreme dispute that left a former tenant facing felony charges! This episode uncovers a lot of lesser known truths about commercial property buying, and even touches on its advantages in the AI era. If you want to stop funding your landlord's retirement and start building your own real estate moat, this episode is the perfect first step. Once you've had a listen and want to discuss your real estate plans further, you can book a 15-minute strategy call with Craig and Chandler by emailing: craig@bulletproofdentalpractice.com.

    Rent or Own Your Practice Building?
  4. Oct 1

    Selling Your Practice: What the Math Really Says

    Dentistry has sold practice owners a seductive dream: grind it out for a decade, build up a million-dollar practice, sell out to a broker or DSO, and ride off into the sunset with a life-changing check. But when you strip away the selling hype and look at the actual balance sheet, the reality of a practice sale is often a brutal financial haircut. Practice owners regularly confuse top-line sticker price with spendable post-tax cash, mistakenly viewing an exit as their primary nest egg while trading away their most valuable wealth-generating asset. In this episode, Dr. Peter Boulden, Dr. Craig Spodak, and Ian de Jongh dissect the math behind the "Yield Rule" to reveal why cashing out doesn't yield the freedom most dentists expect. Peter walks through a real-world practice valuation and Craig highlights the underlying motives driving this exit rush: both of which reveal some hidden realities of selling a practice. The trio digs into the psychological traps that fuel artificial dissatisfaction—from comparing your practice to high-volume outliers to feeling envious of tech-bro patients while grinding in the operatory. Craig and Peter challenge the dangerous binary myth that you must either own a massive multi-location practice or sit helpless, arguing instead for wealth diversification, asset accumulation, and even the high-producing "LeBron James" associate strategy. Rather than treating your dental practice as a romanticized lottery ticket, the key is recognizing burnout signals early, building an operational ecosystem that runs without you, and compounding income outside your practice walls long before you consider stepping away. If you've been eyeing an exit simply to escape your daily routine, stop and do the real math before trading high-yielding cash flow for a check you're too afraid to spend. Take inventory of your numbers, fix what's broken in your business, and start building a life you don't need to sell. Got a story or a question for the guys? Call 561-933-5575. www.bulletproofmastermind.com www.bulletproofsummit.com

    Selling Your Practice: What the Math Really Says
4.8
out of 5
237 Ratings

About

A dental podcast about the business of dentistry, with practical advice on what it actually takes to grow a successful practice: marketing, patient enrollment, systems, team leadership, retention and referrals, and how to build wealth that doesn't depend on your clinical days. But a great practice is only half of it. This show is also about finding fulfillment in dentistry again, and having the honest conversations most dentists only have behind closed doors: burnout, money, partnerships gone wrong, team drama, and the pressure nobody talks about. Real strategies, real talk, and plenty of laughs along the way. Hosted by Dr. Peter Boulden and Dr. Craig Spodak.

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