It may seem odd to hear this, but one of the best ways to learn how to run a dental practice is by reading books that aren’t about dentistry. A dental practice is, at its core, a business with a few or a lot of moving parts. When you look at your practice this way, your references are no longer limited to dentistry books and will expand to also include some of the best business and investment books on the market. This is why for the first-ever Book Club episode, our team will be analyzing and applying what we learned from reading Rich Dad, Poor Dad by Robert Kiyosaki.
Today, we discuss the reasons why we decided to start a book club series, why we chose to review and analyze Rich Dad, Poor Dad, and how we relate it to our practice. We share why the book was a game-changer for its time as well as some of our favorite passages. We explain the difference between being rich and being wealthy and why we, as a team, are just rich. We describe how the book has impacted our careers, our financial mindset, and how we look at different ways to raise money. We discuss why Robert isn’t fond of paying debts before investments. We discuss what makes a dentist a “rich dad” versus a “poor dad.” We also explain how to receive the support and opportunities the government offers to lower your business tax.
"The only time you should sell something is when you have something to do with that money." – Tarun Agarwal
This week on T-Bone Speaks Dentistry Podcast:
Our Favorite Quotes:
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