Think about wealth like this – how can we know what our options are until they are explained to us?⁣
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Lets use the patient dentist interaction as an example of this.⁣
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If a patient arrives in our surgery complaining of “grumbling pain in a tooth at the back with an old filling”… We are already building a picture in our head of what their ailment might be.⁣
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When we take a PA we see an area on a tooth and our diagnosis is confirmed to be PA periodontitis.⁣
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Following our diagnosis and providing the tooth is restorable we can then explain the three standard treatment options for this issue. These are 1. RCT 2. XLA and 3. Monitor.⁣
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“Ahh” says the patient – to them it all makes sense and they can select the treatment option they prefer. The patient can then proceed with clarity.⁣
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In this instance there are three paths we can proceed on.⁣
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IMPORTANTLY we must understand that before the patient enters the room they have no idea there are even three options… nevermind what the options are.⁣
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The patient may have some uniformed or distorted concept of how this pain is treated until we advise them.⁣
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For example, how many times have we all heard “cant you just do a filling?” in this exact scenario.⁣
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They may even think we can remove the tooth, clean it out and then somehow suture it back in!⁣
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The point is that they dont know what their options are until someone UNBIASED and INFORMED permits them to understand.⁣
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The patient is in pain and through knowledge they are able to make an choice via INFORMED CONSENT.⁣
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Until we start to think about wealth we are EXACTLY like that patient before they enter the room.⁣
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Some will linger outside the room for many years and some will CHOOSE to enter it.⁣
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The pain/discomfort we experience is financial and emotional rather than physical.⁣
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With finance there are a multitude of options rather than just three – one thing is for sure and that the second we choose to educate ourselves is the sooner we can make an informed decision on our path to wealth.⁣
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The point of Dentists Who Invest is to give you the treatment options for your wealth and therefore empower you to decide.⁣

*Not Financial Advice⁣
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Disclaimer: The content on this blog is meant for informational purposes only and does not constitute financial advice. Readers should seek guidance from a professional financial advisor before making any investment decisions.