Introduction:
In this episode, we welcome Dr. Brady Frank, a dentist, author, and co-founder of Freedom Dental Partners. Dr. Frank is passionate about elevating the financial positions of not only dentists but also hygienists, office managers, and a...
Introduction:
In this episode, we welcome Dr. Brady Frank, a dentist, author, and co-founder of Freedom Dental Partners. Dr. Frank is passionate about elevating the financial positions of not only dentists but also hygienists, office managers, and assistants in the dental industry. He teaches unique ownership structures and strategies to help staff members own shares of their privately held companies and achieve financial freedom.
Main Segment:
Dr. Frank shares the history and benefits of DSOs or dental service organizations. He emphasizes that DSOs allow dentists to make more money and have more control over their partnership terms with private equity. Dr. Frank believes that hourly pay in a dental practice is an antiquated model, and aligning the whole team's incentives behind the business goals is crucial. He discusses how he and his team fix up DSOs to enable clinical freedom, lifestyle freedom, and financial freedom. Dr. Frank explains how he helps staff members become owners of the companies they work for through unique ownership structures and shares practical tips on finding deals on practices to buy as a hygienist. He also shares information on his books, DDSO Strategies, and the Become The DSO Seminar.
Conclusion:
Dr. Frank's work is revolutionizing the dental industry by allowing staff members to elevate their financial positions and have a stake in the companies they work for. Dental service organizations provide a path to clinical freedom, lifestyle freedom, and financial freedom for dentists and staff members alike. Visit drbradyfrank.com and becomethedso.com for more resources and information on DSOs and unique ownership structures in the dental industry.
Founder
Dr Brady Frank is a third generation dentist turned entrepreneur/inventor/author and thought-leader with a passion for teaching others the hard-won lessons he has learned about successfully creating and selling a business.
Dr. Frank has built a platform and expertise related to multiple doctor & location private group practices, dental transitions, DSO and DDSO expansion and growth strategies, and healthcare real estate investment. Dr. Frank is most passionate about mentoring others on these topics to achieve their highest level of fulfillment and success.
He is the Co-Founder of Freedom Dental Partners.