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September 24, 2025 51 mins
"We need more of us out there because we want to share our experiences, our love for dentistry." - William Balanoff William Balanoff, a distinguished Northwestern University alumnus, successfully transitioned from clinical dentistry to business ownership, inspired by the legacy of GV Black and his extensive experiences in international trade and finance. He advocates for a holistic understanding of the business aspects of dentistry, encouraging practitioners to view their roles not only as clinical experts but also as entrepreneurs. By treating dental practice as a business and patients as customers, Balanoff believes dentists can achieve greater freedom and success in their careers. His ventures, such as Smile Perfected and Renew Dental Implants, illustrate his commitment to innovating within the field, with a strong focus on enhancing patient care through improved communication and business strategies. Key Takeaways: Dentists should explore entrepreneurial opportunities, innovate systems, and improve patient care while maintaining profitability. Understanding the business aspect of owning a dental practice is crucial for success. Young dentists should prioritize paying off debt to achieve financial freedom and enjoy their profession. Transitioning from a practicing dentist to a business owner requires developing business skills alongside clinical expertise. Renew Dental Implants operates on an affiliate model, providing efficient implant surgeries and patient influx through marketing efforts. Renew specializes in providing implant-supported dentures for patients seeking quick surgical solutions. Planning for transitions and exits in dental practices is essential for maintaining value and growth. Connect with William Balanoff:https://www.linkedin.com/in/william-balanoff-3b9a2718/https://smileperfected.com/dr-william-balanoff/ Connect with Stan Kinder:https://www.everythingdso.com/https://www.linkedin.com/in/stan-kinder-386ba0158/ Learn more about your ad choices. Visit megaphone.fm/adchoices
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