Dental Economics – Blueprint Package

Includes the new book, "How Much is Enough", plus physical and digital copies of the Freedom Worksheet!

This question keeps hard working practitioners stuck behind the chair for decades longer than needed, due to lack of certainty and desire to create more security. Meanwhile, life keeps rushing by.

~ Dan Kennedy 

My grandfather was a dentist. My father was a dentist. Naturally, I wanted to be a dentist. If I could just stick with root canals all day, I'd be very happy. But being a small business owner, you're wearing a lot of hats. So over time, it can wear on you. 

I felt that I was just living the conventional wisdom of trading your working hours for some future date of happiness. I just wanted something different.

Since being in Freedom Founders, I've taken more time off work. I did try to attend all the kids' activities before, but I wasn't mentally present. In the back of my mind I was always worrying about, "How can I make this practice run better? How can I grow this practice more?" 

True wealth is having that choice to do what you want to do on your own terms, and Freedom Founders has given us that clarity at an earlier stage in life. 

We had an accountant CPA who said, “You guys are making it: you're on cruise control on the open highway. All you have to do is keep doing this for twenty more years!” 

We looked at each other after we got off the phone, and we were like: “Cruise control?? This is not cruise control. We wake up and fight every single day to keep this car on the road!” 

We had no exit strategy other than just working away for twenty more years and hoping that we had enough at the end of that to do what we want in retirement. 

Freedom for us means knowing that we have the option to pivot to do something different if we want to, because we aren't dependent on solely practicing dentistry to make a living.

Scott and I would have these discussions: What are we gonna do when we stop working? 

I saw a Facebook feed from Freedom Founders and it was a survey about retirement. “Do you have enough to retire on?” I had a couple of calls, and David offered for us to come to a Freedom Founders meeting and see what it was about. 

It literally took one day of hearing different people, seeing different people, listening to different people to decide.

The future for us is being able to enjoy our life journey together, but we also want to enjoy our adult children as they start their own families and discover who they are as people. What's important for us to pass on to our children is the value of money. For your family, for yourself, for your lifestyle, for your children. 

Dr. David Phelps, DDS, owned and managed a private practice dental office for over twenty-one years before his daughter’s health crisis served as a dramatic wake-up call in his life.  David’s “Plan B” portfolio of cash flow producing real estate assets gave him the freedom to sell his practice mid-career and focus 100% on what matters most– TIME.

He is the author of From High Income to High Net Worth, What’s Your Next?, The Apprentice Model, Own Your Freedom, and Inflation: The Silent Retirement Killer.

David is a nationally recognized speaker and founder of the Freedom Founders Community, providing a proven process to true freedom for professional practice and small business owners.