The Orthopreneurs Podcast with Dr. Glenn Krieger Dr. Glenn Krieger

I've been getting way too many messages from orthodontists who are stuck financially, even after many years of practice.One of the main reasons for this is lack of professional development. As fantastic as our profession, it’s also a business. We must invest in our professional development if we are to succeed.Some people get stuck in the professional mindset, forgetting the business side. The best clinical skills in the world won't pay the bills if you can't run a profitable practice. That's...

A big part of practice success is keeping costs and expenses under control. If you don’t, they can eat into your margins and eventually hurt your bottom line.In today’s episode, I am joined by Darren Morris, a cost-saving expert from Schooley Mitchell. They help businesses find significant savings from their existing vendor relationships.We are not talking about just a few dollars here and there; we are looking at enough money to pay for vacation.Most importantly, these savings on essential s...

Many orthodontists struggle to justify the cost of professional development opportunities. Some view it as an expense rather than an investment. They will balk at the associated cost of professional development opportunities.This spending mentality leads to missed opportunities for growth and stagnation in the long run.A more successful approach is adopting an investment mindset. The cost of professional development is an investment in your most valuable asset, that is, yourself and your prac...

Orthodontic swag has traditionally consisted of generic toothbrushes or lip balm, the predictable pen, and the flimsy tote bag. These are all useful items, but they lack the "wow" factor.Our patients expect more. They crave that jaw-dropping experience more than the products themselves.That's where themed swag boxes come in, offering a unique opportunity for orthodontists to level up their patient experience and build lasting brand loyalty.In this episode, Randy Pulitzer from Swag Headquarter...

Building a successful orthodontic practice takes dedication, expertise, and yes, financial savvy. But at the end of the day, we are all looking for true financial freedom.The key to wealth creation is understanding the time value of money. The sooner you invest, the more time your money has to grow.Even small amounts invested early on can snowball into significant wealth over time.The OSO model gives you access to significant earning potential upfront that you wouldn't have as a solo practiti...

Imagine walking into your office and feeling a chill run down your spine, realizing that your computer systems have been held hostage by ransomware. Or imagine looking a patient in the eye and telling them their personal information might be floating around on the dark web. If you haven't experienced these nightmares yet, consider yourself lucky, but don't get too comfortable.Cybercrime is a growing threat, and orthodontic practices are not immune to it. In fact, small and medium-sized busine...