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Shared Practices | Your Dental Roadmap through Practice Ownership

Achieving Financial Escape Velocity as a Dentist

Shared Practices | Your Dental Roadmap through Practice Ownership

Dr. George Hariri | Shared Practices Network

Businessofdentistry, Dental, Dentalpractice, Dentist, Practicemanagement, Business, Management, Entrepreneurship

4.9559 Ratings

🗓️ 24 March 2025

⏱️ 33 minutes

🧾️ Download transcript

Summary

Dr. Richard Low and Dr. Alex Sharp dive into the personal financial strategies that dentists need to achieve financial escape velocity. They discuss how to manage student loans, build financial security, and make the strategic moves that lead to wealth and financial freedom. Whether you’re a new associate, an early practice owner, or looking to optimize your finances, this episode provides real-world advice on increasing income, building net worth, and making the right financial decisions for long-term success.

Transcript

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0:00.0

Welcome to shared practices we have with us today.

0:06.8

Co-host, partner, good friend, longstanding.

0:11.1

You know, with 2.0, we haven't had this guest on the podcast yet, which is a shame

0:15.5

because he's technically the president and CEO of shared practices.

0:19.5

So Alex Sharp, Dr. Alex Sharp, how are you?

0:23.7

Great, Richard. How are you? Doing good. I was actually just scrolling through my phone

0:28.4

because I was looking for our wedding photos. I was like digging through like old photos on my

0:34.4

phone and all these other things. And a thing I found was a testimonial video of you from like the second voices of dentistry.

0:45.6

So like it was recording you about like sharing your testimonial of shared practices.

0:51.8

2019, I think that was.

0:53.5

Yeah, a solid hot minute ago.

0:56.2

And I was just like, what?

0:58.4

I don't know.

0:59.2

It just blew me away.

1:01.2

Was that the one where you and I went out to dinner with some folks the night before

1:06.3

the event and there's some hilarious picture of you where you were, you're just

1:10.7

eating a lime and

1:11.6

you're making this horrendous face. I got to find it and send it to you because it belongs right

1:15.3

next to that testimony. Right next to that one. Yeah. Of how far we've come. Exactly. It's been,

1:20.2

anyways, it's been a wild ride and it just reminded me of like how wild the ride has been.

1:25.6

Alex has been shouldering the burden of leading a lot of things all at once.

1:30.8

It's a burden that I couldn't take and kind of broke me.

...

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