What You'll Learn In Today's Episode:

• Brian Hanks helps new dentists navigate the complexities of buying practices.
• Transparency with staff during business transitions is crucial.
• Ethical responsibilities of business owners include honesty with employees.
• Writing and sharing knowledge can be powerful tools for business generation.
• Discipline is often developed through overcoming life’s challenges.
• The average dental practice buyer carries significant student loan debt.
• Business owners should be upfront about their plans to sell.

In this episode of the TPR podcast, Matthew interviews Brian Hanks, founder of Dental Buyer Advocates and author of multiple books on dental practice acquisition. They discuss the unique challenges faced by new dentists, the importance of transparency during business transitions, and the ethical responsibilities of business owners. Brian shares insights from his experience in helping dentists navigate the complexities of buying practices, emphasizing the need for honesty with staff and the value of sharing knowledge through writing. The conversation also touches on the discipline required to succeed in business and the personal growth that comes from overcoming challenges.