In just over three months of practice ownership, Dr. Tim Balzen has already produced double the income he made last year as an associate — and he's closing on a second building in a few weeks to keep up with demand.

In this episode, Dr. Tim sits down with Steve to walk through the five-year, multi-state journey that led him from a saturated Boise market to a three-op practice in a small Missouri town, and everything that's happened since closing day. He gets candid about the offices he almost bought (and why he didn't), the moment three team members broke down crying in his first month, the insurance call that earned him an instant 20% fee bump, and the neighboring dentist whose letter to patients accidentally sent over 100 new appointments his way.

If you're a dentist or dental student weighing ownership, this one is packed with practical, no-fluff lessons on how to actually pull it off — and why the path is rarely a straight line.

Learn more about The Lifestyle Practice and the work behind Tim's journey at thelifestylepractice.com.

Connect with us:

• Take our FREE lifestyle and practice assessment: https://thelifestylepractice.com/practice-assesment/
• Learn more about 1-on-1 coaching: https://thelifestylepractice.com/coaching-services/
• Get access to TLP Academy: https://thelifestylepractice.com/coaching-services/
• Get the TLP Student Academy for $20 (lifetime access): https://the-lifestyle-practice.teachable.com/p/studentacademy
• Subscribe to The Lifestyle Practice Podcast: https://podcasts.apple.com/us/podcast/tlp-podcast-for-dentists/id1476544801
• Email Derek at derek@thelifestylepractice.com
• Email Matt at matt@thelifestylepractice.com
• Email Steve at steve@thelifestylepractice.com

In this episode of The Lifestyle Practice Podcast, Dr. Matt Vogt and Dr. Derek Williams dive deep into what it really takes to succeed as a dental practice owner—whether you're starting from scratch or acquiring an established practice.

Are you thinking about starting a dental practice but unsure if it's the right move? In this dental practice startup guide, Matt shares his honest coaching approach to evaluating potential dental entrepreneurs. Unlike typical "you can do it" motivational advice, Matt takes a neutral, wisdom-based approach to dental business strategy that helps dentists make smarter decisions about practice ownership.

• The key differences between starting a dental practice and acquiring an existing one
• How successful practice owners think differently about growth
• Why personality and intuition matter more than you might think in dental entrepreneurship
• The truth about dental practice challenges that nobody talks about
• How to evaluate whether starting a dental practice is right for you
• Real-world practice management insights from someone who has built, scaled, and successfully grown practices

Connect with us:

• Take our FREE lifestyle and practice assessment: https://thelifestylepractice.com/practice-assesment/
• Learn more about 1-on-1 coaching: https://thelifestylepractice.com/coaching-services/
• Get access to TLP Academy: https://thelifestylepractice.com/coaching-services/
• Get the TLP Student Academy for $20 (lifetime access): https://the-lifestyle-practice.teachable.com/p/studentacademy
• Subscribe to The Lifestyle Practice Podcast: https://podcasts.apple.com/us/podcast/tlp-podcast-for-dentists/id1476544801
• Email Derek at derek@thelifestylepractice.com
• Email Matt at matt@thelifestylepractice.com
• Email Steve at steve@thelifestylepractice.com

In this episode of The Lifestyle Practice, we break down 7 powerful money lessons every dentist and parent should know—covering financial freedom, smart investing, compound interest, and how to teach kids about money the right way.

Most people don't learn through advice—they learn through experience and ownership. That single shift changes everything about how you build wealth, raise financially independent kids, and design a life of intentional living. Whether you're a dentist looking to grow and scale your dental practice without burning out, or a parent who wants to teach financial literacy early, this conversation is packed with real, actionable insight.

We cover why money is a tool and not the purpose of life, the multiple paths to financial freedom (college isn't the only one), why investing early and understanding compound interest matters, and how to balance saving, investing, and actually enjoying life. Most importantly, we talk about why intentionality plus ownership equals true freedom.

Connect with us:

• Take our FREE lifestyle and practice assessment: https://thelifestylepractice.com/practice-assesment/
• Learn more about 1-on-1 coaching: https://thelifestylepractice.com/coaching-services/
• Get access to TLP Academy: https://thelifestylepractice.com/coaching-services/
• Get the TLP Student Academy for $20 (lifetime access): https://the-lifestyle-practice.teachable.com/p/studentacademy
• Subscribe to The Lifestyle Practice Podcast: https://podcasts.apple.com/us/podcast/tlp-podcast-for-dentists/id1476544801
• Email Derek at derek@thelifestylepractice.com
• Email Matt at matt@thelifestylepractice.com
• Email Steve at steve@thelifestylepractice.com