finance
feature
by Douglas
Carlsen, DDS
After working with more than 500 dentists since 2007,
I've found commonalities of personal and practice behavior that
can make one's life a breeze or a tornado. An informal survey
showed that few dentists do more than half of these 24 beneficial items. How many of these do you do?
Personal
Home:
1. Do not engage your computer's silicon personality unless
you have a 15-year old or know what Minecraft and Call
of Duty means. Find a geek through a nearby university's
IT department. They love upgrades, glitches and blue
screens. Go to any local campus directory, enter "technology support" in the search box, call and inform them
of your needs.
Expect to pay $50-$75
per hour-it will be the best
money ever spent.
2. Stage home upgrades and major repairs. Two major
areas of doctor financial weakness are expensive mortgages and frequent upgrades. Keep expensive projects to
no more than 2 percent of your home's value per year. If
you spend $25,000 on a new bathroom for your
$600,000 home (4 percent), wait two years to undertake
your next project.
continued on page 44
42
APRIL 2014 » dentaltown.com
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Table of Contents for the Digital Edition of Dentaltown April 2014