Тёмный

How much money do dentists ACTUALLY make? 

Joel Meyerson
Подписаться 25 тыс.
Просмотров 234 тыс.
50% 1

If you want to be a dentist, knowing how much money dentists actually make is an important question! It takes a lot of hard work to get into dental school and become a dentist, and it's nice knowing what's on the other end of all that effort. When I was a predental student and asked this question about dentist income, I didn't find anyone had a really satisfying answer.
In this video, I'm going to break down what are the typical ranges of what a new grad dentist, established associate dentist, and a dental practice owner can take earn.
👋 join me and subscribe! / joelmeyersoncreates
😷 check out my dental school interview prep course (2 hours of free video lessons) - roadmapprep.com/
📸 add me on IG and say hi - / meyersonjoel
📖 the best book I've read on how to get rich without getting lucky - amzn.to/3nLuoka
🎥 my camera - amzn.to/3lx33Qa
🎤 my mic - amzn.to/39u7Zjf
*amazon links above are affiliate links :)
Intro: The Time by Ivan Shiplevsky - • Ivan Shpilevsky - The ...
Music: Cheese by Lukrembo - • lukrembo - cheese (roy...
Outro: Sunset Eyes by INOSSI - • INOSSI - Sunset Eyes (...

Опубликовано:

 

1 авг 2024

Поделиться:

Ссылка:

Скачать:

Готовим ссылку...

Добавить в:

Мой плейлист
Посмотреть позже
Комментарии : 540   
@jmey
@jmey 3 года назад
If you're applying to dental schools - check out Roadmap Prep at roadmapprep.com/, it's my online video course helping you ace your dental school interviews. You can access over two hours of interview video lessons completely for free at , no account required :)
@yadahmed8850
@yadahmed8850 3 года назад
Hey I got inspired by your videos to become a dentist , I’ll start applying in a week, wish me luck!
@jmey
@jmey 3 года назад
@@yadahmed8850 GL!!!
@bekind211
@bekind211 2 года назад
@@jmey Hey I only got 45.30%. Can I study dentists in bachelor? I want to study dentist, how can I study?
@jimj2683
@jimj2683 Год назад
Everyone always says there are easier ways to make money than in their profession. I strongly disagree. Being a dentist or a medical doctor are some of the only surefire ways to get rich. Are you suggesting doing something like dropshipping??
@riana902
@riana902 6 месяцев назад
Thank you so much this was very informative and helpful .......... I'm shooting for dentistry and MBBS hope i can come back after about 2 months as student in the field 🤧🤞🏻
@TF-ff7ir
@TF-ff7ir 3 года назад
Anyone who says don't do it for money didn't grow up poor. Some of us want the things we've never had and helping people is a bonus.
@alperentopay1164
@alperentopay1164 3 года назад
Or they did grow up poor but after starting to make good money they realized that money alone didn’t make them as happy as they thought.
@TF-ff7ir
@TF-ff7ir 3 года назад
Money alone doesn't guarantee happiness but the conveniences it provides makes happiness much more likely. You have to help yourself before you can help anyone else.
@ruijackson7697
@ruijackson7697 3 года назад
Its the security more than the money, knowing you will always have a job in the future is the best thing
@TF-ff7ir
@TF-ff7ir 3 года назад
Not just a job but a job that will always keep a roof over your head and food on the table.
@ttvrandomsss2097
@ttvrandomsss2097 3 года назад
I started work for my dads landscape company at age 12 in the heat in summer and cold as winter just so I can get my first car when I’m 16 I’m 14 years old and I’m working every day I don’t have school and I can’t wait till I work a better job when I’m an adult
@MidnightSaint760
@MidnightSaint760 2 года назад
I shadowed a dentist two days ago that just made 800k last year. He was extremely efficient though and was always moving. He worked extremely hard for his money. (General dentist)
@mohamadokab8749
@mohamadokab8749 2 года назад
what was a typical day? please and thank you.
@samjam6989
@samjam6989 Год назад
well obviously when you make 800K, you move fast
@anvldiy28
@anvldiy28 Год назад
@@mohamadokab8749 probably around 20 patients. A lot of extractions. He also did a lot of ped. exams as well. One tip he gave me was to ensure you maximize your flow by having incentives for your dental assistants. He would give them a bonus for the month if they hit a threshold number of patients. This caused for them to be more efficient in placing patients in seats. I have also shadowed dentist who spoke with the patients for 20-30 minutes at a time. To be frank I am certain there are patients out there that would like that, but I know when I go to the dentist, I want it to be quick and over with in a timely manner. My brother first year out of dental school made 340K.
@eljangoolak
@eljangoolak Год назад
And and engineer that makes 70-80k is just sleeping on the job all the time right?
@user-pf1fz7md7l
@user-pf1fz7md7l Год назад
@@anvldiy28 in what city was that? I’m really curious to know what city/town you guys worked in
@baby19981997
@baby19981997 3 года назад
It’s definitely about money while paying off your debt. But after that period is over then you can actually practice what you enjoy and not what you owe
@strider3164
@strider3164 3 года назад
Agreed, the freedom of being debt free is huge! After that, just stability is all you need.
@jimj2683
@jimj2683 Год назад
It only takes a year to pay off the debt.
@OceanicGFX
@OceanicGFX 3 месяца назад
@@jimj2683It really doesn’t if you have 500k of debt..
@rodinjones2625
@rodinjones2625 3 года назад
Thank you for making such high-quality content! I hope you're able to continue making videos for years to come.
@ncramz1662
@ncramz1662 3 года назад
Thanks Joel. Great video and you obviously know your stuff. As a business major considering switching to pre-dent it's cool to hear from someone who understands the business side of running dental practices. It's clear you'll do very well.
@jmey
@jmey 3 года назад
Dentistry can be a fun intersection of clinical care with business, join us!
@DigitalDentist33
@DigitalDentist33 3 года назад
Thank you so much Joel! I watched all your videos on DAT Bootcamp back in my pre-dental days and I'm so glad I stumbled across this channel! I'm a D3 now and am thinking a lot about what to do when I finally graduate. This channel has great content, I'd love to see one about residency programs (GPR and AEGD especially...) in the future maybe!
@jmey
@jmey 3 года назад
glad to hear you made it through! will consider it for the future :)
@nomo4u886
@nomo4u886 8 месяцев назад
I’m starting off as a dentist assistant at 25 years old. The sky is the limit for myself and many others. The money is very motivating but so is helping people improve their life which is why I got into this in the first place.
@bruhhmomentumm
@bruhhmomentumm 3 года назад
It’s about time someone made a video like this. Thank you sir
@jmey
@jmey 3 года назад
Money is often a taboo topic to discuss, but it's valuable to know how much you can expect to make as a dentist as you plan your career. Most research shows that beyond $75,000, emotional well being doesn't increase. But that being said, we all need money for our lifestyles and money can buy you freedom. What are your thoughts on this? Also, follow me on Instagram @meyersonjoel :)
@TrinityHostile
@TrinityHostile Год назад
Coming from someone who grew up poor and even as a poor student - I just want to be comfortable as far as finances go, and take that extra money to give back to my community (do free dental mentions, have a mobile clinic, etc). Maybe I'll take that ideal of owning multiple practices to help open a nonprofit practice and offer free dental care 🥰
@aaronmorber1943
@aaronmorber1943 3 месяца назад
Those making under 75k only have a 5 day vision those with a bigger vision will always have more stress money is just the vehicle to get us there
@onemissiondmd
@onemissiondmd 3 года назад
Great video Joel! The fact that you reached out to your dental friends was really cool! Thanks for this content and keep it up! You've been killin the game!
@jmey
@jmey 3 года назад
🙏 thanks Tehaum
@bradleycsmith2189
@bradleycsmith2189 Год назад
I’m a dentist and have been out of dental school for a little over 3 years and I would say this seems pretty accurate as far as numbers go
@gourabsarker9552
@gourabsarker9552 Год назад
Sir how much do you earn now as a dentist? Plz reply. Thanks a lot.
@0seunggf
@0seunggf 11 месяцев назад
do you work in a hospital or clinic?
@Deemieboi
@Deemieboi 3 года назад
future dental student here ! love your videos man. thanks for the insight
@jmey
@jmey 3 года назад
ty! Glad you're enjoying them and I appreciate your support!
@rockersamurai
@rockersamurai 3 года назад
dentistry definitely feels the most entrepreneurial medical field.
@jmey
@jmey 3 года назад
it certainly attracts a lot of entrepreneurial minded people, though not all!
@ducharmediaries3486
@ducharmediaries3486 3 года назад
Thank you for your videos! I learn so much from them all the time, I am very excited to start my journey on becoming a dentist! & you have such a wonderful personality for the career as well, I hope one day I have a mentor just like you. Thank again for the great videos ! :)
@jmey
@jmey 3 года назад
thank you Ducharme! enjoy the journey :)
@andressmith1414
@andressmith1414 3 года назад
If been trying to find good info on dentist salary/income for a long time and this video was absolutely priceless. I’m applying to dental school next cycle and your content has been so helpful I honestly feel like I should repay you. Huge thanks from me Joel, keep it up. 👍
@jmey
@jmey 3 года назад
ty for your support!
@theliongamehacker2305
@theliongamehacker2305 Год назад
Me too
@DevinDaquanmua
@DevinDaquanmua 3 года назад
Thanks so much for this.!!!! 🙌🏾
@bajablaster69
@bajablaster69 3 года назад
You just got a new subscriber. Love your videos and commitment to helping people :)
@jmey
@jmey 3 года назад
🙏 thank you Garret! happy you're joining us
@afrochapin
@afrochapin 3 года назад
You can move to Alaska and do medicaid and make 400k+ I moved to rural texas after school and I made 300k a year I have colleagues who made 400k I moved back to a big city after 5 years
@jmey
@jmey 3 года назад
^this is a great playbook for new grads, I co-sign this
@traywaters1575
@traywaters1575 3 года назад
Wow that is something to definitely keep in mind
@nishanthbandela542
@nishanthbandela542 3 года назад
How can we find opportunities in rural areas ?? Also which state pays better ??
@jewelz7973
@jewelz7973 3 года назад
@@jmey hey man just wanted to ask if your a general dentist
@jmey
@jmey 3 года назад
@@jewelz7973 yep!
@billzhangZhang
@billzhangZhang 3 года назад
this is so useful thank you so much. It really helps me to determine if I want to pursue this career
@paulpark5673
@paulpark5673 3 года назад
This is an extremely useful video for a person like me who plans to practice in the US afterwards. Thank you very much for investing your time and sharing this information!
@jmey
@jmey 3 года назад
Glad it was helpful!
@akibkhan5423
@akibkhan5423 3 года назад
Canada and US dental experience is not the same. Quality of Life in Canada is much better, Cost of Living much less, and preventative healthcare insurance reimbursements higher in counterparts to US. In US, corporate dental has 7% market penetration while in Canada corporate dental has less then 0.5% market penetration. Also, Canada has 10 dental school while US has 70 dental school. Its very hard to compare salary and rate based on such varied numbers. Sure he gave his salary in USD but thats all based in Canada with a different population group, a better quality of life, better insurance, and much less dental competition (market penetration from corporate dentistry). I am not badmouthing the video or dentistry. But it would be a huge disservice if some starry eyed parent or predent in US tried to justify their future dental salary in US based on Canada's dental landscape.
@paulpark5673
@paulpark5673 3 года назад
@@akibkhan5423 Well, I think your point also makes sense. I know Canada is better to practice than in US, but still the environment of US is better than that of Korea where I practice at the moment.
@DrWAS101
@DrWAS101 Год назад
Interesting video. I'm all for recent grads to know more about finances and having good financial education. Subscribed!
@nicoleraeniemiec1699
@nicoleraeniemiec1699 3 года назад
I’m so happy I found your channel I loved your bootcamp videos too, thank you for all you do!!
@jmey
@jmey 3 года назад
ty so much Nicole! appreciate your support!
@aubie3425
@aubie3425 3 года назад
This video is pretty spot on. Very useful for a new grad. I do worry about people hearing this and going into a profession that they end up hating. It's really hard and not for everyone. I love it but I have the personality for it and practice in a way that suits me. You should do a gloom and doom video about what is hard about dentistry.
@brianmerrill5586
@brianmerrill5586 3 года назад
Bless you Joel for the treasure trove of knowledge you bring us 🙏🙌
@onemissiondmd
@onemissiondmd 3 года назад
Great content brotha! Keep it up!
@NursesToRiches
@NursesToRiches 3 года назад
This is an awesome video and I love your transparency!
@TrainingIsBelieving
@TrainingIsBelieving 4 дня назад
Woah, JASON!! Wasn’t expecting you to comment!!! Maybe make a video interviewing a new grad dentist 👀 I’m thinking about dentistry or nursing in sacramento😅 I don’t mind doing either of them.
@shreejipatel1426
@shreejipatel1426 3 года назад
Me just staring at his clean teeth entire time
@docfredizahnheilkunstlerin6725
@docfredizahnheilkunstlerin6725 2 года назад
Thanks so much , I am a german dentist, I learn a new perspective on my job here.
@kech1088
@kech1088 3 года назад
Cool video! I'm an Australian dentist. Our numbers are remarkably similar for associates both for new grads and ones with more experience. Practice owners I dont know as I'm not an owner and don't know what their overheads are.
@valerieyung6546
@valerieyung6546 3 года назад
hi! are new grads also working ~60 hours in australia?
@gourabsarker9552
@gourabsarker9552 Год назад
Kech sir how much do you earn now as a dentist? Plz reply. Thanks a lot.
@shaheerkhan3262
@shaheerkhan3262 3 года назад
From PAT help to career help, you’ve been with us at every step of the way!
@jmey
@jmey 3 года назад
we're on the journey together :)
@PancakeTiger358
@PancakeTiger358 Год назад
Very informative. Thank you
@dovidlewis292
@dovidlewis292 3 года назад
Thanks so much for this video
@Narski6
@Narski6 3 года назад
I remember you from somewhere big?! DAT Bootcamp?....Currently in dental school because of your help, big thank you
@jmey
@jmey 3 года назад
thanks for sticking around :) glad you're joining us in the profession
@b.858
@b.858 Год назад
Very informative man.
@hehehhe5461
@hehehhe5461 3 года назад
Thank you so much for this
@year-longhiatus4621
@year-longhiatus4621 Год назад
There is a pediatric dentist in my town that is a close family friend. I shadowed him a good bit and eventually we got to the talk about salary. He owns 2 practices and nets about 3.5 million a year. However he works 5 days a week and his main practice sees about 130 patients a day. He also only has 1 part time associate at this practice. I’ve shadowed other dentists of all kinds of specialties and can say that he is the fastest and most skilled overall dentist I have ever seen. So it just is about what you want to do and how hard you are willing to work.
@gourabsarker9552
@gourabsarker9552 Год назад
Sir how much your pediatric dentist takes home after overhead and taxes from that 3.5 million dollars a year? Plz reply. Thanks a lot.
@MiroBG359
@MiroBG359 Год назад
Curious, How many emoyees does he have ? I'd guess a lot of the patients are quick in and out and cleanings not everyone is in his chair
@abdulhalemalhalabi1467
@abdulhalemalhalabi1467 2 года назад
Thank you so much for the video, it was filled with great informations, but I have a question if you don’t mind how much do you think a recently graduated dentist student from Europe who is moving to Canada will make after they get licensed to work in Canada.
@youngkidd0
@youngkidd0 3 года назад
Thinking about taking this career, it pays very well and something that I would enjoy.
@Amman805
@Amman805 3 года назад
It holds a lot of responsibilities too
@ke.ennedy
@ke.ennedy 3 года назад
@@Amman805 as does everything, it’s just the matter of going in with a positive mindset and being able to have a life outside of your profession, if not you have a high chance of running on empty and no longer enjoying it.
@natnaeltesgay1558
@natnaeltesgay1558 3 года назад
EXACTLY THE VIDEO I NEEDED!!!!!!!! THANK YOOOUUUUUUUUU
@speakingtruths4215
@speakingtruths4215 3 года назад
The real money in dentistry is made in owning your own space, and renting it out to other dentists who will pay a fortune.
@jmey
@jmey 3 года назад
this is a solid move
@MazinHattar
@MazinHattar 3 года назад
Thanks for being so transparent and helpful. I’ve been watching your videos since you started YT. But this is my first comment. I love your PAT stuff on DAT bootcamp tho bro. I never ended up taking the DAT last year but this year is gonna be the year I take it and get it if the stars align. Your videos are awesome and I hope you keep making more.
@jmey
@jmey 3 года назад
thanks so much Mazin, I really appreciate the support! gl with your DAT, you got this 💪
@Beck-Stein
@Beck-Stein 3 года назад
I think people do not want to discuss money because they do not want to be sized up. In regards to pay, it is very locally dependent like Los Angeles vs. Cedar Rapids.
@Arthurslable
@Arthurslable 2 года назад
Great video, and what about different specialties?
@stevethecheese
@stevethecheese 3 года назад
Practice owner here. Doing well working 35 hrs a week.
@jmey
@jmey 3 года назад
doing well by doing good :)
@jerrishjesupillai8628
@jerrishjesupillai8628 3 года назад
Do you ever have to work at home?
@jmey
@jmey 3 года назад
@@jerrishjesupillai8628 sometimes you might think about a case after hours. but for the most part, dentistry stays at the clinic
@CureYourBoredom
@CureYourBoredom 11 месяцев назад
Once you finished dental school did you start working straight away or did you specialise?
@stevethecheese
@stevethecheese 11 месяцев назад
@@CureYourBoredom Went to residency program. Decided not to specialize cause I didn't want to go back to school. I worked at several companies and finally decided to buy an existing practice
@user-xx7ed7ti1z
@user-xx7ed7ti1z 2 месяца назад
Appreciated ❤ New subscriber 🎉
@stephenleroux7871
@stephenleroux7871 2 года назад
Hi Joel! Great video as always, but I'd greatly appreciate some clarification! I currently work as an assistant (I'm starting dental school in Canada in May), and from my experience associates are usually paid around 45% of their production. But what I'd really like to know, is if they still pay significant tax after that, and if so, how that affects total take-home pay? You mention that you made $300k up in Wawa, but was that "in-the-pocket", or gross income before tax? I have worked with many dentists here regularly billing $70k - $100k per month, so I know they are theoretically earning $30k - $45k per month, but what about the following tax season? do they then "lose" half of it?! What is the actual take-home at the end of the year? Many sincere thanks and please keep the videos coming
@jmey
@jmey 2 года назад
with corporate structures you can reduce your tax burden significantly. find a good CPA
@frankrosado5270
@frankrosado5270 2 года назад
Here in FL you don’t need to be a dentist to start a practice. I started mine before going to dental school with another Doctor that I knew while being a dental assistant and I’m truly happy. The goal is 5 more office at least!!
@gourabsarker9552
@gourabsarker9552 Год назад
Sir how much do you earn now as a dental assistant? Plz reply. Thanks a lot.
@tracyho3515
@tracyho3515 Год назад
Can I have some info ab this?
@wsutherland
@wsutherland 3 года назад
great video man!
@jmey
@jmey 3 года назад
Appreciate it!
@robertcruzjr.3741
@robertcruzjr.3741 3 года назад
Such a helpful video. Would you be able to make a video on how the numbers vary based on specialties?
@jmey
@jmey 3 года назад
oral surg video dropping tomorrow 👀
@samuelkrichavets5632
@samuelkrichavets5632 3 года назад
you are the man joel!
@jmey
@jmey 3 года назад
back at ya Sam!
@mecheckraise
@mecheckraise 3 года назад
Like MANY crafts I have seen doctors and dentist who coast and others that hustle. The ones that hustle can make 5 times more than others. Working long hours is the easiest way to directly hustle more.
@riana902
@riana902 6 месяцев назад
Thank you so much this was very informative and helpful .......... I'm shooting for dentistry and MBBS hope i can come back after about 2 months as student in the field 🤧🤞🏻
@Rissa98000000
@Rissa98000000 3 года назад
Seeing Joel triggered me and made me think about the PAT section of DAT Bootcamp 😂
@jmey
@jmey 3 года назад
lol
@corycox8033
@corycox8033 3 года назад
I got a 25 on PAT because of watching your videos, much love!
@jmey
@jmey 3 года назад
❤️and congrats on your future acceptances :)
@Openwrt2023
@Openwrt2023 2 года назад
I have seen so many dentists with below-average manual dexterity messing up with patients' oral health. Dexterity is something you are born with, and it doesn't improve much through training, so I hope more dental schools have higher standards checking on it.
@daffyduk77
@daffyduk77 Год назад
Some of the best dentistry work done to me was by old guys (not many women then) who had made their wad & were more motivated by doing a really good job for their last years' patients. This is the UK, as an NHS patient, most of their money came from the private patients (ouch when you see the bill)
@jiziz41
@jiziz41 3 года назад
salaries vary by location. SoCal grads 25% adjusted production is normal with some corporate offering even less
@cooperaiken8148
@cooperaiken8148 3 года назад
Damn that sucks lol
@MiroBG359
@MiroBG359 Год назад
@@akibkhan5423 good luck with cost of living in Toronto. America isn't all NYC Miami or LA. Having immigrated and lived in 5 US states I think Most of America is cheap to live in if you don't insist on being in the middle of popular places
@Ahmad-qx6pg
@Ahmad-qx6pg 3 года назад
I'd like to know more about "super GPs". Seems like a great route to take from a financial perspective. Take continuing education courses and be able to perform advanced procedures that pay more, sort of sounds like a specialist. Why isn't it a lot more common? I know nothing about continuing education courses in dentistry and what that entails.
@KI-wz7pr
@KI-wz7pr 3 года назад
Same
@jmey
@jmey 3 года назад
I plan to make a video at some point about levelling yourself up and how to have an expanded scope as a super GP!
@rubyruby6358
@rubyruby6358 2 года назад
Continuing ed courses. Join the AGD (Academy of General Dentistry) where there is a wealth of educational courses and they will direct you to vetted courses and programs. NYU has a great implant course if you are near there but I know of a lot of GP's that fly in every Wednesday just to take this course.
@rubyruby6358
@rubyruby6358 2 года назад
@@KI-wz7pr Join the Academy of General Dentistry. They are the premier org for GP continuing ed in the country. They will point you in the right direction.
@wholeNwon
@wholeNwon 4 месяца назад
One of my oldest friends is a dental specialist in our small city. An endodontist partnership (2 very busy practitioners, 1 office) bills about $6 million and they keep overhead low. No night call, very low risk...not bad.
@Someone-ig7we
@Someone-ig7we 2 года назад
Is it hard for someone to work in the US after doing their education in another country?
@kymstock1852
@kymstock1852 2 года назад
How much does a dentist make? That would depend on so many factors, the major one is how much of the dentist's time they are prepared to devote to work. If you are not doing surgery, you are losing money. The over heads can be crippling, but this is variable from a small clinic to a larger clinic. The graduated dentist can take many years to catch up on the compound effect of losing at least 5 years of income and accumulating substantial debt. Getting a good balance of work/life balance can be difficult. If you work too much, your family life is diminished and your body will suffer. "Dentist's back" is common, from working long hours with the head forward. Finding a good spouse who understands that high income means long hours at the clinic, and they are prepared to do the lion's share of parenting. Break even point can be around Thursday lunch time, after paying for staff wages, dental equipment, rent and supplies and taxes. That is assuming that the dentist is fully booked and scheduled well for production. I am a retired dentist of 45 years service and the above is based on my experience.
@ahmedtararfahad385
@ahmedtararfahad385 2 года назад
Which country pays the highest salary to dentists apart from usa??? I couldn't find this answer across the websites 😁 it would be honour if u give information
@ellenorbovay5226
@ellenorbovay5226 11 месяцев назад
Very interesting video! I was considering being a dentist when I started out, but I went into Engineering instead. Now I am almost done with my career, and I can tell you we don't make that kind of money usually! It looks like the dentists make more than engineers right from the start, and then pass us up by a factor of about 2 after 10 years or so. But it's a lot different type of work, probably more stressful being a dentist.
@khan2984
@khan2984 3 года назад
I work 2 hours further west of Wawa....its a beautiful place to begin your career....
@jmey
@jmey 3 года назад
Woah, cool! Marathon / Terrace Bay? Driven through those parts many times
@Baselshbib1
@Baselshbib1 3 года назад
do you know whats the newly graduate pay in texas? where better to work in after graduating ? Florida, texas, or michigan ?
@amrbardan6602
@amrbardan6602 Год назад
Thank you very much for this video I have always heard from my friends that dentistry doesn't pay you well and you will end up poor or not rich
@chelseashurmantine8153
@chelseashurmantine8153 3 года назад
Thanks for making this. It's weird how much the dental articles and blogs beat around the bush about their income.
@jmey
@jmey 3 года назад
🙏
@akibkhan5423
@akibkhan5423 3 года назад
The most accurate income will be when the document proof is shown aka w2 or 1099 tax document. I wouldn't base a solid dental income or forecast salary based on this video of his personal experience in rural Canada
@paulewannacrackr
@paulewannacrackr 2 года назад
@@akibkhan5423 which no one will ever show
@akibkhan5423
@akibkhan5423 2 года назад
@@paulewannacrackr is that a good thing or bad thing ?
@MiroBG359
@MiroBG359 Год назад
Currently doing research as an investor, we are estimating dentists will costs us around $99 per hour on the low end. You can check Indeed to see the salary ranges many job openings are offering. Many include bonuses on top of the salary
@SkyRocketShooter
@SkyRocketShooter Год назад
Things can be various. CA- very competitive, wages are typically lower than other state, taxes are high, so the take-home $$ is low even with high production. There are things you need to be care to see- def look at the collections NOT productions (ins are not paying every penny you claim) and overheads (rent, staff salary, supplies, etc). I would say it’s hard to make more than 200k+ if you work as an associate unless you produce $3000 solid collection for office working 5days for my case. Of course if you move rural area then def they pay you more because there are not many dentists out there. Even so 200k+ is hard to beat. You need to open an office but you need to know how to handle insurance and administrations. It’s not all about dentistry at that point so I learned dentistry as much as I can as an associate and bought one. Pretty happy.
@cl65captain
@cl65captain 3 года назад
After two years, go buy a GOOD rural practice.... I have rural dental practices listed for sale where AFTER debt service the buyer would make $550k+ a year. Pay your student loans off in a year.
@jmey
@jmey 3 года назад
you gotta think different if you want different results
@panizshirkhanlou5933
@panizshirkhanlou5933 Год назад
Could you please make an updated vid on this topic
@mkite715
@mkite715 3 года назад
The problem is they usually have a ton of student loan debt, come out of school and finance a new car and house, and then borrow even more to buy a practice. Crazy.
@didforlove
@didforlove Год назад
america home of the slave
@longdo6858
@longdo6858 2 года назад
Can you make a video to compare between dentist(DMD) vs medical doctor(MD) in work-life balance or income?
@k4re3m_28
@k4re3m_28 2 года назад
I can definitely tell you that medical is much more stressful. More schooling, residency, and just stress. But if you are passionate about it please do it!
@rhonda382
@rhonda382 2 года назад
What do fresh grab orthodontist make in terms of salary working in an office?
@ahmedmirza3458
@ahmedmirza3458 3 года назад
Great video! What camera and lens are you using?
@jmey
@jmey 3 года назад
thanks Ahmed! Canon SL2 with Sigma 1.4 30mm lens 👌
@ahmedmirza3458
@ahmedmirza3458 3 года назад
@@jmey thank you!
@nicholaschoi8096
@nicholaschoi8096 2 года назад
Hey Joel, where did you go for your undergrad? What was your major?
@MrTurbojet93
@MrTurbojet93 3 года назад
Great video! I start dental school in Aug and one thing I am worried about is the amount of debt I will be in.
@jmey
@jmey 3 года назад
Debt can be a large pill to swallow, but it's doable! When you graduate, you need to make a plan of attack that optimizes for as many of your life parameters while still allowing you to pay your debt down. Other new dentists are doing it, and so can you 💪
@dentreveal3820
@dentreveal3820 3 года назад
Apply for HPSP or NSHS Scholarship if debt is a concern.
@MrTurbojet93
@MrTurbojet93 3 года назад
@@dentreveal3820 I will apply but those scholarships are very competitive.
@MohamedOsama-hm9vo
@MohamedOsama-hm9vo 3 года назад
i've found your channel helpful, keep going btw, can you reduce the level of that bg music, i found it hard to focus on ur speech
@jmey
@jmey 3 года назад
appreciate your support! and thanks, good feedback
@NickPeitsch
@NickPeitsch Год назад
I assume this video applies to the USA? Similar in Canada?
@alitawfik8517
@alitawfik8517 3 года назад
Did you consider taxes?
@Atl404sFinest
@Atl404sFinest 3 года назад
This is a great video! In my last year of school, most are making $150-200k starting salary
@dennistv598
@dennistv598 3 года назад
@@pikusarker1359 no
@traceythitu8900
@traceythitu8900 3 года назад
Is it monthly or yearly
@kircholagh
@kircholagh 7 месяцев назад
Dentistry is getting extremely saturated and harder to make a living. Many dentists struggling to make ends meet. Just get into med school, believe me it’s much better
@wholeNwon
@wholeNwon 4 месяца назад
That certainly is not true. Physicians have lost control of the financial aspect of medical practice.
@drumm3rboy1989
@drumm3rboy1989 3 года назад
35% billing is NOT typical in the US. Good luck getting 35% production lol. I’m sure they are out there but the average is much lower
@christinao9407
@christinao9407 3 года назад
@@RG-hf4et agreed
@akibkhan5423
@akibkhan5423 3 года назад
Agreed. Clickbait youtube title and a pre-roll ad go figure the inaccuracy. Any time any career mentions salary and has pre-roll ad know that you have to take it with a grain of salt. Canada and US dental experience is not the same. Quality of Life in Canada is much better, Cost of Living much less, and preventative healthcare insurance reimbursements higher in counterparts to US. In US, corporate dental has 7% market penetration while in Canada corporate dental has less then 0.5% market penetration. Also, Canada has 10 dental school while US has 70 dental school. Its very hard to compare salary and rate based on such varied numbers. Sure he gave his salary in USD but thats all based in Canada with a different population group, a better quality of life, better insurance, and much less dental competition (market penetration from corporate dentistry). I am not badmouthing the video or dentistry. But it would be a huge disservice if some starry eyed parent or predent in US tried to justify their future dental salary in US based on Canada's dental landscape.
@mouthmindbodyverdure8797
@mouthmindbodyverdure8797 2 года назад
Great video. Just curious, do find dental hygienists to be part of the profit in a practice or do you consider them a loss leader?
@jmey
@jmey 2 года назад
Should be profit line
@alinrusu678
@alinrusu678 2 года назад
@@jmey Yes as a hygienist I can say I bill over 330K a year, and our practice has 16 hygienists. I think with my salary and all the equipment costs, they should still be profiting over 100K from each of us easily!
@nickkang1917
@nickkang1917 10 месяцев назад
Love your videos but the music was a bit too loud to hear here. Thank you for your content!
@tbd1613
@tbd1613 3 года назад
Owned my own practice for 24 years. Made really good $$$ for years, however, with the advent of aspen dental and other dso's life will change for all new dentists. I firmly believe the golden days of dentistry are done. Corporate dentistry, hedge funds, etc have ruined a great profession. Good luck.
@jmey
@jmey 3 года назад
dentistry is different but not over in my opinion, ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-_j2ncopii7Q.html
@tbd1613
@tbd1613 3 года назад
@@jmey Watched your video. Lots of good points, however, you are still relatively new to the profession. You keep referencing the "good old days". Well they were dam good. Graduated dental school with $80k of debt and my first job I made $100k. Then bought a practice a year later and the rest is history. These days with dental schools costing upwards of $500k, I really doubt the profession will be as it once was. All of my classmates at our 20 year reunion were saying the same things. One day you experience reality and you will realize what I am saying. Stay safe and healthy.
@jmey
@jmey 3 года назад
@@tbd1613 thanks George, appreciate you contributing to the discussion!
@xplicitgoofy1015
@xplicitgoofy1015 11 месяцев назад
@@tbd1613dude what even is “gold days of dentistry” for you. The truth is THERE WAS NO GOLD DAY OF DENTISTRY like none at all, the DSO talk honestly needs to stop, there are corporations in every single business, EVERY SINGLE BUSINESS, yet there are still people with business skills that are highly successful. I’m sorry but dentistry is no exception. I get you are telling your personal experience but I disagree with this DSO doom and gloom, if you think like that then people just don’t have the business skills to focus on their self.
@burnsyodice3049
@burnsyodice3049 3 года назад
If you can come out with minimal debt, 200 to 300k can definitely be good making a strong 150 to 200. But what a lot of people dont realize is you really need to bust it if you have 400 or 500k or more in debt. That debt is growing to the tune of 30 to 40k per year and even if you're making a strong say 350k salary, which is quite taxing you need to keep doing that year after year and the 350 after taxes, is only maybe 225k if you're lucky and on higher taxes states you are looking at paying near 50% of your income in taxes. So that 400k strong salary get cut to 200k and even putting 100k a year on the debt still a very long process to pay off and by that time your prob in your mid 30s or 40s even
@jmey
@jmey 3 года назад
check out my video on Is Dentistry Still Worth It - ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-_j2ncopii7Q.html
@drponcedds
@drponcedds 3 года назад
I would say this is getting easier said then done over the years. I graduated back in 2015 and I make a good income (I do every procedure as a GP), but it's not as easy to build a practice as it once was. A lot of upfront costs with ownership, and you'll go from making great money as an associate to having a very thin budget till your office becomes established. Not for everyone. No regrets though, dentistry is a great career path.
@jmey
@jmey 3 года назад
thanks for the input Gabriel! check out my video on Is Dentistry Still Worth It for my thoughts on this too :)
@DrWendy
@DrWendy 3 года назад
I regret dentistry lol
@ke.ennedy
@ke.ennedy 3 года назад
@@DrWendy why is that ?
@gourabsarker9552
@gourabsarker9552 Год назад
Dr Gabriel Ponce sir how much do you earn now as a dentist? Plz reply. Thanks a lot.
@yiyangning5016
@yiyangning5016 3 года назад
This is USD not Canadian right? Btw, absolutely love all your videos! Money and profit is a topic most practice owners avoid to talk about with pre-dent/dental student. I recently got accepted to my dream school and your videos def make me feel more confident about what I’m getting myself into!
@jmey
@jmey 3 года назад
you got it, these are USD numbers. and congrats!
@ricardorodriguesrr18
@ricardorodriguesrr18 3 года назад
@@akibkhan5423 who the hell tell the cost of living in canada is much less? It's the other way round . Try to buy a house in any major city of canada it cost a lot of more than most cities in 🇺🇸. The price of cars are also higher and so it's the tax .
@ricardorodriguesrr18
@ricardorodriguesrr18 3 года назад
@@akibkhan5423 how the hell did you come up that Canadians make more money then Americans? Usa income per capita is way higher so it doesn't add up . Plus Canada is a boring country only third world country foreigners wanna live there. US has way more opportunities and better weather overall .
@ricardorodriguesrr18
@ricardorodriguesrr18 3 года назад
@@akibkhan5423 health care is expensive here but what our wages make up for the difference. Unless maybe for the very poor people but the very poor people at least in my area doesn't have to pay for health care they can get health care through the welfare .
@uresfffff222
@uresfffff222 7 месяцев назад
@@akibkhan5423 biggest liar i internet history
@rahafhussein7938
@rahafhussein7938 3 года назад
I went apply son to dental school this is very good video for me
@akibkhan5423
@akibkhan5423 3 года назад
This video does not give accurate description for dental salary especially in US. Tell your son to become dentist because he will learn a trade that will help people, he will make a positive impact for world, the creative and scientific side of dentistry, instant gratification of helping someone get out of pain when they have severe tooth pain, he will be active and not sitting behind a computer replying to emails all day that many office workers do, he will be able to give good dental care to his siblings and parents. The money should be last especially the bloated number that were presented in this video.
@Iffy50
@Iffy50 3 года назад
I just turned 49. I've worked at the same place as a mechanical engineer for 22 years now. I don't work much overtime (43 hours/week is typical). Giving up years of happiness for double the money doesn't seem like something I would look back on and be happy about.
@jmey
@jmey 3 года назад
congrats!
@janice184
@janice184 2 года назад
Joel Meyerson lol what?
@drdwgmd14
@drdwgmd14 2 года назад
Iffy, what is your salary?
@Iffy50
@Iffy50 2 года назад
@@drdwgmd14 just over $90K
@didforlove
@didforlove Год назад
@@Iffy50 exactly im a courier and make between 60 and 70k its not worth it
@leifu4625
@leifu4625 2 года назад
How much money dental grads owe on average and how long does it take to pay off?
@kaimenobeng1158
@kaimenobeng1158 3 года назад
Great video
@jmey
@jmey 3 года назад
ty Karmen!
@Xoxo.Zamara
@Xoxo.Zamara Месяц назад
My mom is a dentist assistant and the dentist last year earned 1 million dollars clean, after all the bills and everything, not to mention he has 2 more offices so just imagine how much he earns!!
@CadeGleeson
@CadeGleeson 3 месяца назад
Would you say it is better to go into a specialty ?
@kingo717
@kingo717 3 года назад
Wtffff so thats where I know you from!! You were the guy from DAT bootcamp lmaoo I think for the reading section haha I was trying to remember where in the world did I see this guy
@jmey
@jmey 3 года назад
it me
@YasinNabi
@YasinNabi 2 года назад
You can only become truly accomplished at something you love. Don’t make money your goal. Instead, pursue the things you love doing, and then do them so well that people can’t take their eyes off you. --Maya Angelou..
@jimj2683
@jimj2683 Год назад
Simplistic. People love what they are become good at. Might as well become good at something that pays well.
@danydiazs
@danydiazs 3 года назад
But wawa is Canada. Can the expectations be similar for a dentist in the US?
@jmey
@jmey 3 года назад
Everything in this video has been adjusted to be in USD and what you can expect as a US dentist
@shreejipatel1426
@shreejipatel1426 3 года назад
Btw do those electric toothbrush really help clean teeth??
@flint476
@flint476 3 года назад
Haha - seriously though. Waiting . . .
@mikeb4471
@mikeb4471 3 года назад
Yes.. they do wonders on your gums too. Electric is great. (I’m not a dentist)
@manalidesai4347
@manalidesai4347 3 года назад
can you share on where dentists are saturated and in what areas can we build out practice in long run?
@jmey
@jmey 3 года назад
make sure you're subscribed to my channel, a video dropping on this next week!
Далее
Why I'll never buy a dental practice
11:14
Просмотров 38 тыс.
КАК Я ЭТО СДЕЛАЛА?
00:13
Просмотров 438 тыс.
Everything I Hate About Being A Dentist
12:53
Просмотров 124 тыс.
How I Went from $500 to Half a Billion in 5 Years
13:16
Asking Equinox Members What They Do for a Living
19:28
So You Want to Be an ORTHODONTIST [Ep. 38]
12:46
Просмотров 58 тыс.
КАК Я ЭТО СДЕЛАЛА?
00:13
Просмотров 438 тыс.