The Raving Patients Podcast

Season 

8

, Episode 

284

Making Money vs. Keeping It: The Gap No One Talks About

Season 

8

, Episode 

284

Making Money vs. Keeping It: The Gap No One Talks About

If you don’t truly know your numbers, you might be leaking money without even realizing it. Most dentists assume they’re making more than they actually are—but are you calculating your real take-home income? In this episode, we break down what’s actually going on behind the financial curtain of your practice—and how to fix it.

In this episode of the Raving Patients Podcast, I sit down with dental CPA Travis Slade to talk about the financial clarity every dentist needs—but few actually have. We break down the five core financial drivers that impact your real income: revenue, overhead, debt, taxes, and personal spending. These aren’t just accounting terms—they’re the difference between feeling in control and constantly feeling cash-strapped.

Travis shares insights gained from working directly in dental offices, and explains how most practice owners are in the dark about where their money goes. We dig into common traps—like inflated overhead, lifestyle creep, and taking on debt without understanding the long-term impact—and give practical tips to help you make better decisions around hiring, investing, and personal budgeting.

This episode will help you assess your financial health, calculate your true break-even point, and set goals that actually move the needle. If you’re serious about building a practice that supports the life you want, this is one you don’t want to miss.

Here's what we talked about in this episode:

  • The five financial drivers that actually determine your take-home pay
  • Why revenue can be a misleading metric if you don’t track overhead and debt
  • Ideal overhead breakdowns (including wages, supplies, marketing, and more)
  • Understanding debt health: what’s manageable and what becomes a liability
  • The impact of personal spending on your stress, cash flow, and practice health
  • How to strategically invest in marketing (and know if it’s actually working)
  • What your monthly break-even number really is—and why you need to know it
  • Common financial traps dentists fall into and how to avoid them
  • Travis’s #1 piece of advice for financial stability and long-term growth

Key Takeaways

00:39 Introduction and Event Announcement

04:10 Understanding Financial Metrics for Dental Practices

05:31 The Five Financial Drivers of Dental Practices

09:40 Revenue: The Misleading Top Line Number

12:20 Overhead: Managing Practice Expenses

16:32 Debt Management in Dental Practices

22:07 Personal Spending and Lifestyle Choices

25:02 The Financial Matrix: Understanding Break Even

26:19 Common Financial Traps for Dentists

28:45 Marketing Investments and Financial Projections

30:28 Final Thoughts and Advice

Connect with Travis

Want help decoding your numbers or figuring out your break-even point? Travis is offering a free Financial Matrix Calculator, plus a complimentary session for the first two listeners who reach out.

📧 Email: travis@uluruadvisors.com
🌐 Website: https://gouluru.com/

Learn proven dental marketing strategies and online reputation management techniques at: https://www.drlentau.com

This podcast is sponsored by Dental Intelligence. Learn more at: https://www.dentalintel.com/

This podcast is sponsored by CallRail, call tracking & lead conversion software for dentists. Find out more at: https://www.callrail.com/

Raving Patients Podcast is your go-to place for the latest and best dental marketing strategies that will help you skyrocket your practice. Follow us for more!

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