Dentaltown May 2022 - 52
Take Control
of Your Debt and Yourself
by Jay Geier
Jay Geier is an advocate
for independent dentists
and an authority on
growing independent
practices. His mission
after 25-plus years of
coaching doctors is to
help them preserve and
protect their legacies and fi nancial futures.
Geier is committed to helping dentists build
their businesses, get out of debt, accumulate
wealth, build net income and become
fi nancially free so that they can live the life
they dream of and help people in more ways
than they originally planned. To obtain more
information on the content discussed in this
article, visit doctorswealthsystem.com/DT.
E
ver felt confused and frustrated over how your practice can be making so much
money yet you're under constant stress to pay the bills every month, afford major
purchases and still take home the pay you expected to be earning at this point in
your career? Production and gross revenue may be increasing, but if your expenses
and total debt aren't decreasing at a faster rate, you're losing more than you're bringing in.
Debt expenses hemorrhage from so many places on a profi t-and-loss statement because of
the way interest, fi nance charges and fees get embedded in costs. That's why it's so diffi cult
to recognize the aggregate adverse impact of debt on your bottom line.
We coach clients to face debt head on-to be honest with themselves about how much
they have, unemotionally take control of it and change behaviors that propagate a negative
debt cycle. (We also teach them how to increase the number of new patients their practice
brings in so they have more revenue and cash fl ow to start systematically paying down
debts one at a time, which in turn frees up more cash fl ow.)
52 MAY 2022 // dentaltown.com
http://www.doctorswealthsystem.com/DT
http://www.dentaltown.com
Dentaltown May 2022
Table of Contents for the Digital Edition of Dentaltown May 2022
Dentaltown May 2022 - Intro
Dentaltown May 2022 - Cover1
Dentaltown May 2022 - Cover2
Dentaltown May 2022 - 1
Dentaltown May 2022 - 2
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Dentaltown May 2022 - Cover3
Dentaltown May 2022 - Cover4
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