Darren Scott-Guinness’ Post

As a dental or medical professional, you’re used to making informed decisions every day when it comes to advising your patients. So it stands to reason that you want to make informed decisions when it comes to investing your hard-earned money as well. It can feel daunting trying to make investment decisions no matter what state the market is in, but you shouldn’t fear entering the market even when it’s soaring to new heights. Find out how to invest when the market is at an all-time high: https://buff.ly/3Ub9Tft

Attention Dental Practice Owners, Are you the owner of a large dental practice? Private equity investment in the dental sector has opened up new opportunities for owners of sizable practices. This shift has introduced avenues that were previously unavailable. I am here to offer you a valuable resource tailored to your needs. Feel free to contact me for a consultation and to explore the option of a complimentary practice valuation. Let's discuss how this evolving landscape can benefit your practice. In the meantime, here is a nice resource for some of the most frequently asked questions. ty@professionaltransition.com

Are you a dentist looking to expand your clinic or acquire new equipment? If you're hitting a ceiling in your private practice or feel stuck with limited growth options, it’s time to rethink your strategy. Equity finance could be the key to scaling your clinic, bringing in the latest technology, and finally getting the competitive edge you've been aiming for. Imagine having a clear, detailed financial plan that attracts the right partners and gives you the freedom to invest in your clinic’s future! Whether you're looking to upgrade your equipment or expand into a new location, smart financing is essential for long-term success. Interested in unlocking the next level for your practice? Like this post to start the journey towards scaling your clinic today!

For dentists who are trying to identify ways to grow their wealth, monetary assets are not the only important drivers. To be wealthy individuals need to invest in themselves and find the unique path that will work best for them. A common mistake is that people tend to follow the steps of others who get rich quickly, and this does not happen always. In this process, technology can be your friend. You can use technology to access knowledgeable resources like videos and courses to learn about the different pathways to growing wealth. It can be an easy way to become richer with more knowledge. Wealth comes from different places, take the time to sit down and discover what strategy is right for you and your financial goals. #WealthGrowth #FinancialPlanning #WealthManagement #WealthStrategy #Dentists

It’s not every day that a dermatologist from Wausau, Wisconsin gets to interview an internal medicine physician from Seattle, Washington. January 29th was one such day, and I’m so glad this conversation was recorded. Stephen Lewellis, MD, PhD, FAAD and I first connected on LinkedIn (shout out to Dana Corriel, MD, founder of SoMeDocs(Doctors on Social Media)) and it became apparent that we shared a number of philosophical approaches to patient care. In fact, what originally started out as a book interview turned out to be a far more interesting and wide-reaching discussion on so many things that are important to many of our physician colleagues in today’s challenging healthcare systems. During the first 30 minutes we dove into the background leadup to my pivoting from a 25+ year clinical medicine career— ⚡️ Growth of a company does not always lead to happiness ⚡️ Stress of a physician owner/shareholder ⚡️ Administrator/physician relationships ⚡️ The business of medicine ⚡️ Physician’s moral/ethical codes and moral injury We also looked at my new business model, myMDadvocate— ✅  The power of focus groups ✅  Cultivating new (better!) relationships with colleagues ✅  Communication of my new entrepreneurial journey ✅  Meeting unmet needs in the healthcare arena ✅  Maintaining my physician expertise, not becoming “just” a coach ✅  Sharing a few patient stories ✅  Vulnerability of starting a novel business model Then there was a 7 minute interlude where we actually chatted about my book, “The Menopause Menu”— 📚  That’s at 31:30 for those who are interested! This was followed by 15 minutes as we considered— ⚖️  The legal differences between a physician consultant/advocate versus a coach ⚖️  Valuing our time like attorneys do (time=money) ⚖️  Transparency with billing for medical services ⚖️  Direct care philosophy ⚖️  Respecting boundaries And we ended with a quick review of— 🗝️  Creative entrepreneurship 🗝️  Autonomy 🗝️  Avoiding moral injury, doing what is right 🗝️  Reflecting on the journey thus far Here’s the link to our wonderful discussion that Dr. Lewellis has creatively called “A Renaissance Medicine Woman & Entrepreneurial Physician Advocate” https://lnkd.in/e3XtDrnE (Scroll down to our podcast) Thanks for the great ride—I hope you enjoy the replay!

I met a dentist who had no investments outside of their practice. 1 thing they wish they’d learned earlier. 𝗥𝗲𝗮𝗹 𝗲𝘀𝘁𝗮𝘁𝗲 𝗶𝗻𝘃𝗲𝘀𝘁𝗶𝗻𝗴. They thought building wealth came only from dentistry. But here’s the thing... Relying on one source of income is risky. What happens if you can’t work anymore? They realized too late that real estate could have given them financial security sooner. So, they started small. Investing in a rental property, then scaling up to more complex deals. "It was a game-changer," they said. "I wish I knew about this earlier." Are you diversifying your income, or relying solely on your profession? Comment below

💡 Planning for Your Future: Why It’s Important to Think Ahead With advances in medical technology, many of us are living longer. But this also means we might face periods of incapacity before passing on. So, what happens to your finances, your business, or your loved ones if you’re unable to make decisions? Planning for incapacity is just as important as planning for success. At P&G Advisors, we’re here to guide you in safeguarding your future. 👉 Ready to secure your future? Watch the reel and learn more on our blog. [https://lnkd.in/gyKs7QEM] #FuturePlanning #FinancialSecurity #BusinessContinuity #EstatePlanning #PGAdvisors

Last call to book! Don’t miss out on the Ultimate Financial Summit, a two-day event designed to transform your financial future. Whether you’re looking to boost the profitability of your dental practice or master the art of investing, this summit is your key to unlocking financial success. 📅 Date: 14-15 September 2024 📍 Location: Westminster Bridge Road, London SE1 7PB What’s in store: 🔹 Day one: Learn how to maximise the profitability of your practice with insights from Dr. Chetan Mathias, the 7-figure dentist. 🔹 Day two: Get into financial mastery with Mr. Luke Hurley, an expert IFA, who will reveal the secrets to successful investing and wealth growth. With industry leaders Dr. James Martin, Dr. Chetan Mathias, and Mr. Luke Hurley guiding you through these critical topics, this Dentist Who Invest summit promises to equip you with the tools and knowledge to secure your financial future. 📌 Fee: £950 (includes two full days, lunch of your choice, and all-day tea and coffee) Ready to take control of your financial future? Check the first comment for the booking link. #ExploreDentistry #DentalCourseDirectory #ProfessionalGrowth #UKDentists

🔚 What is a Complete Exit? 🔄 A complete exit involves selling your entire business. Understand the process and implications of a full exit strategy. Learn more about comprehensive exit strategies in our upcoming book, Sell Your Healthcare Company at a Premium. Prepare for a successful transition and maximize your business's value. Pre-order your copy now and plan your exit with confidence!📈💼 Dr. Allen Nazeri DDS MBA (allen@ahcpexits.com) #CompleteExit #BusinessStrategy #MandA #BusinessStrategy #ExpertAdvice #HealthcareBooks #Exits #PRIMEexits #LearnWithPRIMEexits #InvestmentOpportunities #BusinessGrowth #MarketResearch #IndustryTrends #FinancialEducation #BusinessEducation #HealthcareInvestment #DentalGroups #PhysicianPractices #Dentist #SuccessMindset #BusinessStrategy #IndustryInsights

Is it time to sell your clinic? It’s important to understand what potential buyers are looking for and the financial outcomes you might expect.   Investors are not just looking for a return; they expect to multiply their investment over a few years. For example, buying a clinic for $200,000 means they might target returns of $600,000. Key factors they consider include a stable cash flow, minimal reliance on a few providers, and strong growth prospects managed by your current team.   The worth of your clinic is often tied to its EBITDA, with typical offers ranging from 5 to 10 times your annual profits, potentially more if you lead the market. Expect about 70% payment upfront with the balance linked to achieving financial targets through an earn-out, increasing your payout if the clinic performs well. 
#ClinicSale #InvestorInsights #Investing #SellClinic #aestheticInjector #CosmeticInjector #BeautyInjector #HealthcareBusiness #ClinicForSale #MedicalPractice #PrivateEquity #StrategicInvestment #HealthcareInvestment #SellYourClinic #BusinessTips #HealthcareEntrepreneur