Pauls

I think post corona you will have a completely different situation. Its gonna be tough to survive as a dentist and specialist . Dentists right now are getting laid off and finding it hard to make a living. Truth hurts man. sorry

Hey guys, I am 4th year dental student in Australia and was wondering what's the best way to prepare for NDEB? I have started looking at Dental decks and going through the flash cards. What is the best way to prepare? Thanks in advance.

you need to understand that DDS degree is not a license to print money. The real learning starts AFTER you graduate and you need to really work hard and take a lot of CEs in order to succeed. My brother is a DDS and he is well off financially after 4 years of having his start-up and his friend who gradated the same year as him is really struggling with the practice that he has purchased in Richmondhill. Both have DDS and both graduated at the same time, one is very successful and one is not.

may I ask how much your overhead and production is this year? dr:hyg production ratio? thanks how do you keep overhead low?

there is saturation for sure and in some areas you can't swing a dead cat without hitting a dentist, but dentistry is still a low risk business with high margins. most of you guys probably don't have any real work experience other than dentistry. I used to be a research chemist and my hours were horrible with a very low pay and eventually got laid off. Its really tough out there and all the other fields are saturated and not easy to get a job. The golden age of dentistry is maybe over and definitely its not what it used to be, but I pick it over any other career.

you don't need to be a slave to dental chain! if you open a practice next to a dental chain and offer nothing to get a competitive edge over the big dental chain then you are in trouble, but in the right demographics and with having the right vision you will make a good living.

i think corporations are taking over because of how poorly dental clinics are run! They can take over because they know how to run a practice!. The future is in your hands, my friend. I think the successful dentists are the ones who implement great dental systems and run their practices very efficently. the ones who adapt to change and have great systems in place will thrive for many years to come and generate a lot of wealth. I have been to many offices that are run very poorly and these guys won't make it! i guarantee you! their front desk staff misses calls and can't convert phone calls to schedules, high front fees, limited payment options and so many other barriers to get new patients. they have collection problems with so much past due claims, unscheduled treatment and over due accounts. its so bad!! I think we, future dentists, need to learn how to efficiently run a practice in order to survive and keep this profession going forward. please take as many CE courses in business and marketing, practice management and really learn how to run a business. Best of luck to you! Future is in our hands!!