How long do you want to practice dentistry? How do you plan to get “out of the mouth” one day? What is your strategy to move away from the chair yet still make the income you want and need?
I have found that most dentists have no exit strategy. You know you don’t have an exit strategy if your plan begins with, “I hope…”, or, “I was thinking…”, or, “It would be nice if…”, or, “Maybe I could….”
These are wishes, not strategies. If you don’t have a written plan, then you have no strategy.
I know a dentist in his late 70s who is still practicing because he can’t afford to stop. He doesn’t like dentistry anymore and it shows
clinically, which has led to state board complaints and malpractice issues. Not a good way to end your career.
This is the result of no exit strategy.