identifying where your untapped assets are. At NextLevel, we
do this through our signature SPF system. This system is an
important tool for all dentists in identifying these assets but
especially powerful for those doctors that begin their careers
with student loans hanging over their heads or the baby
boomer doctors that think they can’t retire.
Equity!
The SPF model includes the three streams of income that
you can make as a dentist if you know how to approach your
career. Each income stream serves as a phase in your career
and one organically follows the other if you’re taking the
right and consistent actions. Helping you build your career to
to leverage and implement these three income streams into
your practice will get you to where you really want to be...
freaking equity, baby!
So let’s break down the SPF phases some more.
Salary: In this phase, you are only focused on the income
that you are pulling out for your salary. If this is the only
This phase consists of a wider context that expands
beyond salary with you now offering a value proposition that
is your business. You become a worker inside the practice
while leveraging all its other assets including team salaries.
In this phase, we help you learn how to turn payroll into a
to entrepreneur.
Freaking Equity: This is the big league’s phase, and most
often, the end game that most dentists are aiming for. In this
phase, you do great work as a dentist and start to run a great
business that is systemized and automated allowing you to
scale your practice so you can grow your equity over time.
Identifying these 3 income streams and understanding how
each phase applies to your practice is important. From there,
you can begin to leverage the assets within your practice and
scale, scale, scale and ultimately grow that equity.
within their practice and don’t even know it! At NextLevel,
we help dentists utilize these untapped assets so they can see
powerful change quickly.
We do this through our CARE System.
Our CARE System helps you identify exactly where your untapped
assets are in your practice right now.
CARE stands for Case Acceptance, Retention
and Experience, and acquisition of new
patients.
Increasing your patients’ YES to treatment, creating a healthy
mouth baseline that is communicated to your patients at
every visit (to reinforce the ‘why’ behind accepting treatment),
and upgrading the overall patient experience are just
some of the powerful places in your practice to start. When
you implement and focus on your practice’s CARE plan you
can increase practice value within months and attract new
patients without spending a dollar on marketing.
Living off your salary alone, working overtime to just cover
monthly costs and heading down the road to burnout is not
why you became a dentist.
There absolutely is another way...you just need to shift your
thinking, identify your practice’s crucial assets, explore the
three income streams and implement the powerful tools we
offer at NextLevel. Once you do, freaking equity won’t be far
behind!
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Want to know where your practice is currently
losing money?
we share our 12-month webinar series, The Complete
Health Business Model: 12 Steps to a Fully Automated
dentists just like you sharing the story of their practice
and the protocols that took them to the next level!
To register, go to: learn.tpdmag.com
SPRING 2019 | TPDMAG.COM 9
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