The Serial Dental Entrepreneur with Dr. Mark Costes
by Wes Read CPA, CFP®
November 22, 2023
There's nothing overly complex about the business of owning a dental practice.
And while anybody who’s graduated from dental school can understand the operational side of running a practice, you still need to take the time to learn how it all works.
Dr. Mark Costes is Founder and CEO of The Dental Success Institute, a coaching program that helps dentists become more knowledgeable, more profitable and more fulfilled in their careers.
On this episode of The Dental Boardroom, Dr. Costes joins host Wes Read to explain how associates can design their own internship in the business of running a practice—even if they’re working for a DSO.
Dr. Costes discusses the importance of identifying a purpose beyond money, describing how Smile Outreach International affords him fulfillment now that he’s achieved financial freedom.
Listen in as Dr. Costes shares the business framework he used to grow his practice from one dental office to 16 and learn where to go for coaching in the business of scaling your own dental practice!
[0:13] What inspired Dr. Costes’ interest in dentistry and entrepreneurship
[8:31] Dr. Costes’ early experience as a dentist prior to buying his own practice
[15:21] What associates can do learn about the operational side of running a dental practice (especially if you’re working for a DSO)
[19:32] How to create your own internship in the business of running a dental practice
[28:28] The business framework Dr. Costes designed as he grew his practice from one dental office to 16
[37:06] Who’s the right fit for Dr. Costes’ Dental Success Institute coaching program
[41:21] Dr. Costes’ growing role as an advisor to dental business startups
[43:58] What Dr. Costes has learned from building charitable dental clinics in Third World countries
[47:57] The relationship between living your purpose and feeling fulfilled