Achieving Professional Prosperity & Financial Freedom (w/Dr. Daniel Camacho) [Ep.114]

Episode Overview: In this episode, I welcome Dr. Daniel Camacho, a board-certified orthodontist and owner of Forever Smiles Orthodontics in Fort Lauderdale, Florida. Together, we dive deep into the realities of private practice ownership, financial independence, work-life balance, and the evolving landscape of orthodontics and dental education.

Guest Bio: Dr. Daniel Camacho immigrated from Colombia as a child, completed his undergraduate and dental degrees at the University of Connecticut, and earned his orthodontics certificate and master’s from Seton Hill University. He is known for his patient-centered, boutique practice model and his commitment to mentoring the next generation of orthodontists.

Key Topics Discussed:

• Dr. Camacho’s journey from immigrant to orthodontist and practice owner
• The decision-making process behind buying vs. starting a practice
• The impact of mentorship and residency experiences on career direction
• Financial literacy for dentists: lessons from "Rich Dad, Poor Dad"
• Good debt vs. bad debt, and leveraging business ownership for financial growth
• The importance of building assets, not just income
• Work-life balance and the “three cups” analogy: health, happiness, and money
• Building a strong practice culture, leadership, and team management
• The value of private practice in a corporatized dental world
• Differentiation through customer service and patient care
• The need for modernizing orthodontic education and embracing new technologies
• Early intervention in orthodontics and the importance of airway health

Takeaways:

• Private practice ownership is still viable and rewarding for new orthodontists.
• Financial discipline and asset-building are key to long-term success.
• Leadership and culture are the foundation of a thriving practice.
• Embrace change, invest in education, and always strive to improve patient care.

Special Mentions:

• Airway Palooza 2025: Oct 17-18, Fort Lauderdale, FL. Use code DOCPALOOZA for $500 off! (https://airwayhealthsolutions.com/palooza)
• More resources & CE: https://theorthocoach.com

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