Love What You Do, But Can’t Wait To Retire?
I keep running into well-tenured dentists who have enough money to retire, they’re old enough to do a transition (past 65) and they love what they do, but they don’t want to sell their practice. Commonly, tenured dentists have not updated their technology and they’re losing patients as a result; their practice is floundering and they ask me what they should do.
Howard Farran from Dental Town had a good article on this. He said someone had told them they love what they do, but can’t wait to retire. His response was “Mother Theresa loved what she did” and she couldn’t wait to serve another orphan or something to that effect. His point was that if you absolutely love what you do, why retire?
A better option is to sell your practice and work back for the buyer one or two days per week or month. By associating in a practice, or simply selling or transitioning your practice and working back one day per week, or even per month, you enjoy the fruits of your labor, enjoy life, and still get to enjoy dentistry.
Call us to learn how. 877.866.6053
Howard Farran from Dental Town had a good article on this. He said someone had told them they love what they do, but can’t wait to retire. His response was “Mother Theresa loved what she did” and she couldn’t wait to serve another orphan or something to that effect. His point was that if you absolutely love what you do, why retire?
A better option is to sell your practice and work back for the buyer one or two days per week or month. By associating in a practice, or simply selling or transitioning your practice and working back one day per week, or even per month, you enjoy the fruits of your labor, enjoy life, and still get to enjoy dentistry.
Call us to learn how. 877.866.6053