SUP3RNOVA

I'll be as brief as possible :

My dad is a dentist and owned a practice for 30 years that did great, then the economy went to shit in our area and he sold the practice. Took a year off from working and then started looking for jobs...which he found to be harder than he thought. Now he works in a hick town 5 hours from my family and commutes back home every weekend which blows. He's making ~$10k/month there but with his debt/mortgage/apartment/bills he's still losing money.

I just feel terrible that he has to struggle being away from his family (that one is really killing him) in a boring ass town all to not even break even. The problem is I've tried to get him into IM before and it just didn't work out, it's not his generation and he's a doctor not a marketer. Is there any way you think he can either utilize his dental knowledge/skills in another way, or just something he could do on his own back home?

No, I don't have the time to set up his own teeth whitening offer, this has to be something he can mostly do on his own. One thing I thought of that I could help him with is setting up some kind of blog for dental students...he has a lot of experience and is well respected and I think he could write something worth reading. Only problem there is how much money can you really make running a blog targeted at only dental students/dentists?

Ideas are sincerely appreciated.

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dsiomtw

Easy. Partner up with him. Sell an ebook to dentists on how to better manage their money and save for retirement. He can provide the content and you promote it for him. He can use his own personal story of having a successful practice "for 30 years that did great" and how he mismanaged his money and is now struggling to pay the bills. He can just outline what he did, and then the idea of the book is to basically do the opposite. You'll sell tons.

Godspeed

Payoff his debt and open new practice for him. Spend some more on marketing. He will pay you back, if he hasn't already as being your Dad.

Budweiser

Opening a blog sounds like a waste of time. A pretty damn big waste of time to be exact.
And.. you dont have to be a dentist to run a teeth whitening offer..

JakeStratham

Everyone's a marketer. We sell ideas. Tell him to improve his selling skills. Then, create a membership site targeted at dentists. Show dentists how to improve their practices. Test price points. Test copy. Test traffic sources.

He has experience in the field. That's a great selling point to get started.


EDIT: Here are a couple of examples:

thewealthydentist.com
thewealthydentistuniversity.com

Disclaimer: these may be shams. Buyer beware.

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gseki

^ This. Also, he could write a blog targeting would-be immigrant dentists and hygienists (foreign trained) about the dental industry and to succeed in it. Much better demo than students IMO.

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ChrisS

Sounds like someone needs to downsize. 10k a month is a lot of money for someone to still be miserable.

Americans usually raise their standard of living up to (and beyond) their latest paychecks.

Even if he wanted to downsize, he probably wouldn't get nearly what his house is worth now.

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SUP3RNOVA

Like I said, the economy here (like most places) went to shit, and the first thing people drop is dental coverage. His practice was successful (had 3 offices that he ran himself at it's peak), he owns a $300,000 home, has put 3 kids through college and has 1 more on the way. The economy busted, he sold his practice, and nobody needs a dentist now because they don't give a shit about their teeth. You're honestly a fucking arrogant idiot if you don't think the economic condition has put good people out of jobs.

Thanks for throwing a pointless insult out there though, nice to see you're a good person.

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SUP3RNOVA

My family has been trying to convince him to downsize, but he argues that the mortgage on his house will be paid in 2 years and he'll get waaay undervalued when he tries to actually sell. I still think it's a better option for him to consider and move on.

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SUP3RNOVA

I have too much of my own assets invested into a couple businesses, if I could afford to do that I would do it tomorrow.

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EricVonDoobie

#Whitepeopleproblems

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Dwight Schrute

Set up some local SEO campaigns and generate some leads for him closer to home.

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blogspotter

I thought you were a super/uber affiliate who has millions in the Bank.
Who could have helped
1) Monetarily
And/or
2) Help him with lots of leads.


But since you asked, here are a couple ideas that comes to my mind.
Dental Blog should just be a Hobby. But it will take time to get to even 5K a month level. You know better. You run a Blog for e-decades now.

How about starting a practice again, targeting customers without dental insurance?
people just don't go see a dentist becoz they no longer have insurance, not because they don't need to. Maybe not the cosmetic types. Maybe they won't come for braces and whitening, but I am sure they would still need a root canal. They would still need fillings, they would still need to extract a bad guy inside their mouth. You sure know how to run a local lead gen campaign. Maybe he can mail out to his ex patients. (maybe not since his old practice is owned by someone else)

I have a couple niche sites on the Dental Niche. Does pretty well. But a BLOG may not be the right way.

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BigWill

You're dad sucks at managing money. Give him a book about it.


Start a dental office and run the ad campaign for him. Make a lot more than 10k/month.

jenzkc

i literally laugh out loud when i think of all the people in over their heads on mortgages and debt like this and are going to be fucked when rates rise.

AdHustler

You dont have the time to help him so we should waste our time?

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jsphfcll

what's his debt? all the student loans... here is an idea most kids have their own loans.. he should transfer the loans to you and your siblings

300k mortgage is about 2k... from what it sounds like you live in the middle of no where so an apt is what 500?....

so what is he doing with the 7500?

this is the most ridiculous problem... he makes 120k thats 85% more then everyone in the united states....

the problem is that he pays his kids car insurance, college bills, cell phones, etc... you kids need to take some responsibilities on

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pocketrockets

If he is in the top 10% of all US household income levels and is still in the red then the first thing you need to do (before showing him how to make money online) is cut the fat out and unnecessary expenses.

I know most dental offices have been hurting the last few years (my wife works for 2 offices and is experiencing the same thing) Before your dad sold his office did you try running any local campaigns via Facebook/PPC to boost new patients?

Mr Jacksonian

He's your dad, do whatever it takes. If you lose some money/assets, you lose some money/assets.

However, he had a successful practice for 30 years, and is still in debt and shit? Even though he has a 10k/month job? Sounds like he can't manage money worth a damn.

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MCRunning

Give him a free trial to UberCamp

Chianti

This ran for about 3 months on YT as a paid ad:

Interesting background:

Maybe you can inspire him to come up with a business idea like that. For instance, after you bite your gum, you tend to keep biting the same spot over and over for a duration of about a week. It's painful as hell. Why doesn't he invent some kind of superglue shit that you can put on the area after the first bite, which contains nutrients to help the healing process and is tough enough to stop you doing more subsequent damage. I'd fucking buy a tin of that!

BTW, my old man worked hundreds of miles away for five years for 3K a month. Not trying to be nasty, but tell your dad, welcome to the real world and to stop being such a pussy about it. At least you've got skype, YT and email these days. All we had back then was a quick phone call.

Ben89

I think the blog is a good idea. I mean, if he has 30+ years of experience he obviously knows A LOT and he could teach pre-dental students as well as people in general about how to properly care for their teeth.

There is a lot he could talk about and there is a lot that people (myself included) would like to know. For instance, I still don't know if amalgam fillings or white fillings are better and I get different responses from different dentists. Some say amalgam contains mercury, which causes problems and others say that that's completely false. I would also like to know what causes the little white spots on my teeth. I've heard it can be caused by an excess of fluoride, which again is controversial.

I don't think most dentists have time to write an informative blog so the blog idea has potential especially if the focus is on helping people help themselves.

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avatar33

Generate leads for him in your local area. It's that simple.

You don't turn a doctor into a marketer. That doesn't make sense. Especially for an older guy.

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bb_wolfe

As someone who has bailed out both parents financially to my own detriment, I can tell you as an absolute expert that you are a fucking moron, Uber, for helping him.

Every dollar you spend on a relative amounts to 10 dollars you're losing for yourself. He got himself into the mess, he can get himself out. You're only hurting yourself if you intervene.

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bb_wolfe

He just wants to "chat" with us some more!

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behnk01

Run a facebook campaign targeting the teeth whitening seeking demographic. That service is about $500 bucks in a dentists office. J shoe did it in Omaha, check the blog. ROI should definitely be possible. Thank me later.

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Flash4Ever

All that I think in this moment for your father is something about Local Lead Generation.
Setup a good offer for a wide service, something like this:
1) First examination free;
2) Monthly payments;
3) A prices plan for families (more users lower single price);

Go with Google Places and PPC. People are going to do more than 50 Km to save on dental care.
Just my 1 cent idea.

evasive

And you are an arrogant idiot if you think your dad didn't mismanage his money. Lol @ not being able to live on 10k/month. Looks like your dad doesn't know how to live within his means.

potentialeight

My first reaction was $10k/month + money problems = head asplode

Good luck though.

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sumitdhawan

Hello friend,

If you good son should take care father and give him money.

No have give him all life saving. Just maybe 1 or 2 million dollars so father can retire and no have work until die for pay bills.

Good luck bro

Moxie

I would think that a couple days pay for him would cover the rent for an apartment in a "hick town."
Does he drive a Hummer or something?

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bauss

10k a month?

Sounds like some of the dependents need to step up and pay for some things themselves or the lifestyle needs to be cut back...

I don't vision any type of dentist guru stuff beating his current income or getting near it in a short amount of time.

Sonny Forelli

When budget ballin goes wrong!

MoobSpray

Hello friend,

Why not give him your $5000 1 on 1 help that you used to offer at UberCamp for free..... oh wait!

King.

yep. but it's not that they intentionally are trying to leech off you. It's just the more you give the more dependent they become.

It's interesting there's another thread here as well about the same kind of thing. My dad's also facing some serious shit. His businesses have gone downhill and he has a big mortgage + credit card debt which he pretty much can't pay back. He's constantly worrying about interest rates (he owns a few properties and is dependent on collecting rent, that's his only income). It's a sad state to be in, he's almost 60 with no retirement in sight. I've given him probably $50k over the years. I quit college to do IM full time, but because of his situation I can't even get my own place since he needs money from time to time when he falls short.

This is why I hate the 'baller' mentality. Doesn't matter how much you make, things can fuck up 5, 10, 50 years down the line, no matter how careful you think you are.

EZ-Kash

I just got done paying the taxes on my mom's house to avoid a tax sale, Just be thank full that you can help. Diversify Multiple streams of income.... Lots of good ideas in here even if a few of them are too honest for you!

mpbiz

Do you solve every problem life throws your way with wickedfire advice?

mGrunin

I got some iPhone cases he can sling to his clients. Raising market. Millions to be made.

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.Hack

OMFG. /THREAD

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subigo

What the fuck? File bankruptcy then. That's ridiculous.

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SUP3RNOVA

Appreciate the few that did give useful insight. I might talk with him myself and try to knock his pride down to the level of realizing he has to make cuts in his life. I'm also going to see what I can do about sending some local leads to his office.

lol are you kidding, I just wanted to get a few ideas from a forum that has some decent and smart people once you sift through the assholes looking to poke their edick around the interweb bcoz they're bored ballers.

Blegh, sweet out of context reply. I don't have time to work 5 hours/day developing a product with him. I can set up a website for him and I can do some local marketing. All I was asking out of WF was ideas, just if someone happened to know someone who did something. If not or you don't feel like typing, just leave the thread.

Where did I ever say that? Quite the opposite actually, I've mentioned a few times that I'm not a $3 mil/month ballin acai affiliate. If I could pay to start up a practice in an area that'd be profitable, I would and I wouldn't have needed this thread.

Never said I didn't think that, I'd agree that he has. He has a history of spending money on things he has no use for, I think he doesn't realize it. Of course it's 100% his own fault but he's still my father for christ sakes I want to help him. That a hard concept to understand or do you have no emotional attachment to the people who brought you into this world and took care of you your entire life?

1 wife, 3 kids (that play sports), 2 dogs, big house, apartment, pool,2 cars, debt, etc. Expenses tack up quickly, I was burning $3-4k/month living in my house and I was the only one there.

More fame...more problems

I asked how to help him make money on his own, or did you not read the first post in this thread?

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wat__

ooh! new sig


@OP: If I'm pushing 60, there's no way I would start getting into Internet shit. No fucking way.

He knows dental, and that's what he should be doing. Start doing kids fillings/caps for 75% off normal prices, make a bunch of fucking noise about it, start a charity type organization "No Child Deserves Cavities", get the president's wife on board, make millions, impact large area, do something with his life besides mismanage money.

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Rusky

My insurance agent has a pretty unique start.
He made sure all local dealers knew he was working after hours. As you know tons of car deals get done in the evening, proof of insurance is needed. So he would stay up late, building up his client database that way.
He works normal hours now.
Solution, after hours Dentist / Emergency Dentist. Then follow up, and gain clients for life.

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PhillipMarlow

Could he be a consultant to tort lawyers who go after dental malpractice?

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Chianti

> start a charity type organization "No Child Deserves Cavities"

eh, I know a few.

johnmatrix

A dental blog is not going to solve the problem, he needs to move out of the hick town and get a new practice up and running in a busy area. Advertise it for him and get him new clients, isn't it obvious?!

If this was in Australia his debt and mortgage would be at 7% interest, not the pissy 1% you pay over there.

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Isostar13

Best answer I've seen so far: re-start his practice. This is his trade, his skill, his life. You said he did it for over 30 years! That's where the opportunity is. You can't expect him to start something else and a) be successful and b) be happy.

He (you) can rent an office, rent equipment, and keep your overhead low. Someone above mentioned after-hours work. That's brilliant. I can't even count the number of times I've tried to get a dentist appointment after 6pm. It's nearly impossible. How about dentist appointments without planning 2,3 - 6 months ahead? They're always booked up. Maybe he takes walk ins in stead? No first appointments? Try to disrupt the standard dentist industry. Personally, I find it frustrating as hell when I call up in April and they say they have none, ZERO appointments until June.

Your focus should be on dentistry or dentistry related. He did it before, he can do it again. Maybe even have him partner up with a few other dentists to see if they can launch a new, joint practice.