DR. ACE GOERIG | OWNER & CO-FOUNDER
Let’s start with the undeniable fundamentals: there are numbers that drive our life and chief among those numbers is money. It is the fuel for living in today’s world. When we don’t have enough, we feel stressed and limited.
When we have enough, we feel comfortable (and often complacent).
The good news is that endodontics is near the top of the heap compared to most “jobs” in the United States. According to ZipRecruiter, 50% of endodontists make between $205,500 and $390,500. 25% earn less than that range, and 25% earn more. So, compared to the average American household, endodontists are in fact quite “comfortable”.
Now the bad news. Even with incomes up to 6 times the U.S. household average, most endodontists live pretty similarly to everyone else: they are chained to their job. That’s because the vast majority of people, when they earn more, also spend more and, especially, they spend more expensively.
Someone who earns $300,000 per year doesn’t necessarily buy more houses or cars, but they buy more expensive ones. They don’t necessarily buy more clothes or furniture or wine, but they tend to buy more expensively in these categories … and almost every other category of spending. Similarly, their levels of debt are multiples higher than people lower down the income ladder.
The result is that despite being in a “high-paying profession”, most endodontists essentially live the same kind of tenuous paycheck-to-paycheck existence as everyone else. And that means they must work to keep their heads above water, and keep working, and keep working, and keep working! The idea of working less, if it also meant a reduction in income, seems so unrealistic that it is not a choice.
How much more, for you personally, would you need to earn to actually feel like you have a choice about your time in the practice? You might want that choice now (in terms of how many days per year that you work), or later (in terms of how soon you can retire), or both.
Whatever you choose the way to achieve it is simple: You need to grow your practice. Growth means that the value of one day of your time working in the practice increases. You can earn the same income in significantly fewer days, or significantly more income in the same amount of time. Or the sweet spot may be somewhere in between: work less and earn more. Take more time off with your family and (at the same time) pay off your debt, eliminate your financial stresses, accelerate your financial freedom plan, etc.
It is easier to accomplish than you think it is. If you’re in that average endodontic income range, then growing your practice by just two cases per day will more than double your income. That is what Endo Mastery can do for you. Imagine how much your life could be transformed. Endodontics at this level is about freedom and abundance in every part of your life.